In today’s pre-mkt summary for Subscribers: Stocks’ selling pressure abating after their worst three-day decline since March 2020 at the height of COVID; Washington and Wall Street remained engulfed in confusion about how to gain exemptions from Trump’s sweeping global tariffs; several Republicans and CEOs joined the chorus of leaders pushing back on the record increase in tariffs; Trump offered little clarity about what he wants from trading partners in exchange for lowering duty rates.
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