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Americans' views of the economy improved in May after five straight months of declines sent consumer confidence to the lowest level since the onset of the COVID-19 pandemic, largely driven by anxiety over the impact of President Donald Trump's tariffs.
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Most Asian stock markets dropped again Friday, following a fall in U.S. equities the day before, with the impact of trade tensions between the American and Chinese governments worrying investors. Japan's Nikkei 225 fell 0.7% despite better-than-expected Japanese manufacturing data. China's Shanghai Composite Index dropped 0.2%.
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