Swiss stock market plunges after Donald Trump's customs offensive
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The Swiss stock market opened in the red on Thursday, following the announcement of tariffs imposed by the United States on the products of many of its trading partners.
At around 9.20am, the SMI was deepening its loss, tumbling 1.69% to 12,375.19 points, after opening down 1.45%. The SLI lost 2.03% to 1987.98 points and the SPI 1.8% to 16,486.43 points.
Of the 30 stocks in the Swiss Leader Index, barely a handful were in the green.
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