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    <description>Global equity markets rose as investors reacted to US trade policy and economic signals. A key regulatory development was the imposition of 50 per cent tariffs on steel and aluminum imports, with attention on potential expansion of protection to related products and ongoing trade negotiations. Earnings, resilient job-market data, and a major corporate acquisition also influenced market moves, while Treasury yields and borrowing-cost implications were noted as material factors affecting investor sentiment.</description>
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