The Dow Jones Industrial Average jumped Monday, putting the blue-chip index on track for its first gain in five trading sessions, as investors' fears that Trump administration's plan to impose stiff import tariffs could spark an all-out trade war eased. Several investors said the threat of a trade war over planned tariffs on steel and aluminium imports diminished slightly, as administration officials, including Commerce Secretary Wilbur Ross, downplayed concerns on Sunday's television talk shows.
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