Italy's stock market deepened its losses on Friday, with the FTSE MIB index plunging 7.19% at 16:35 CET. This significant decline came as global trade tensions escalated further following China's decision to impose a new 34% tariff on all goods imported from the United States. The move is part of an ongoing trade confrontation that is affecting markets worldwide, contributing to heightened investor anxiety and market volatility.
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