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Stock markets mixed as uncertainty rules ahead of Trump tariffs

A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on April 1, 2025. [AFP]

Equity markets were mixed Wednesday as nervous investors brace for Donald Trump's wave of tariffs later in the day, with speculation about what he has in store stoking uncertainty on trading floors.

Equities have been battered leading up to the US president's announcement -- which he has dubbed "Liberation Day" -- with warnings that friend and foe are in the crosshairs after what he says is years of "ripping off" the United States.

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