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July 8, 2025

Wall Street falls as Trump pressures trading partners with new tariffs

By ALEX VEIGA
AP Business Writer

Stocks on Wall Street closed broadly lower Monday as the White House stepped up pressure on major trading partners to make deals before punishing tariffs imposed by the U.S. take effect.

The S&P 500 fell 0.8% for its biggest loss since mid-June. The benchmark index remains near its all-time high set last week.


 
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