U.S. President Donald Trump on Wednesday is set to announce the most expansive U.S. trade restrictions in a century, at a stroke upending the postwar global trading system and posing difficult-to-predict economic risks.
Wall Street is scrambling to ditch the green transition for short-term gain. But in the long run, the reversal could prove to be very expensive.
Wall Street pointed toward losses before the opening bell Wednesday before U.S. President Donald Trump reveals details about the latest round of U.S. tariffs on trading partners.
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