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flag U.S. stocks rebound sharply after Trump announces tariff cuts on auto imports from Canada, Mexico.

flag The U.S. stock market saw a significant rebound after President Trump announced a reduction in some tariffs, particularly on auto imports from Canada and Mexico. flag This move alleviated fears of an impending trade war, which could negatively impact the economy and increase inflation. flag The Dow Jones closed up nearly 500 points, reflecting increased optimism among investors about the economic outlook.

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