A look at the day ahead in European and global markets from Stella Qiu

And just like that the U.S. government has entered its 15th shutdown since 1981 and the second under President Donald Trump, who used the opportunity to threaten the dismissal of yet more federal workers.

Tens of thousands have already been fired this year and over 150,000 workers are due to leave federal payrolls this week after taking a buyout, the biggest exodus in 80 years. If you’re catching a U.S. flight soon, the FAA plans to furlough a quarter of its staff for the shutdown.

Wednesday is also when Trump’s new tariffs on big trucks, patented drugs and other items are due to take effect. Even when the government shuts down, the administration has said the tariff collections will continue.

All of these are set t

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