Tag: economic impact
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Alibaba Stock Drops 10% Due to U.S. Tariff Threats
Alibaba’s Stock Plummets Amid Tariff Threats and AI Advancements In a tumultuous week for global markets, Alibaba Group Holding’s stock experienced significant volatility, dropping over 10% following U.S. President Donald Trump’s threat to impose an additional 50% tariff on Chinese goods. This move, part of an escalating trade war, has not only affected Alibaba but…