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Stocks are sinking back into the red after President Trump confirmed that "we're sticking with 10/25 tariffs," adding that "if a [NAFTA] deal is reached, tariffs could change later," seemingly suggesting that the first draft will be global tariffs, with no initial carve-outs.

Stocks are not happy...

 

WTI/RBOB are also sinking...

 

As the dollar extends its gains...