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Global stock markets have shown signs of recovery despite ongoing trade tensions. Japan's Nikkei 225 surged by 6%, leading the rebound. European markets, including Germany’s DAX and Britain’s FTSE 100, recorded around 1% increases. However, markets in Thailand, Indonesia, and Taiwan experienced significant declines, with Jakarta's JSX temporarily suspending trading.
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President Donald Trump has threatened to impose an additional 50% tariff on Chinese imports unless China retracts its retaliatory 34% tariff by April 8. China has responded firmly, stating it will not yield to pressure and is prepared to "fight to the end."
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