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of <h1>Trade War Tensions Rise: Tariffs Spark Global Market Volatility and Potential Economic Recession Amid Escalating International Conflicts</h1> Global economic tensions escalate as new tariffs take effect, causing market volatility and potential recession risks. Multiple countries retaliate with counter-tariffs, impacting trade relationships. Business leaders express concern about economic uncertainty, with stock markets experiencing significant fluctuations. The administration remains optimistic, suggesting negotiations could stabilize economic conditions, while economists warn of potential downturn from simultaneous economic shocks.
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