From MSNBC.

Watch live coverage of U.S. markets as tariff fears remain at the forefront of investors’ minds after President Donald Trump temporarily slashed his country-specific duties to a universal rate of 10% — except for China. Goods from Beijing will see a rate of 145%, according to a White House official confirmed to CNBC. Wall Street is coming off a losing session. The S&P 500 fell 3.46% on Thursday, while the 30-stock Dow tumbled 1,014.79 points, or 2.5%. The tech-heavy Nasdaq Composite ended the day lower by 4.31%.

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LIVE: Markets react as traders digest latest Trump tariff-related fallout