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Tariffs Are Dragging Down Even Companies Without US Exports
Welcome to Tech In Depth, our daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Vlad Savov reflects on the vast selloff in Asian stocks following Donald Trump’s latest comments on globe-spanning tariffs on US imports.
Hong Kong's Hang Seng Index plunged more than 10%, with every regional market solidly in the red, in a broad and deep selloff on worry over the trade war's impact on the global economy. Photographer: Yik Yeung-man/Bloomberg
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