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Bill Ackman says the US president should pause his planned import taxes - or risk shattering investors' confidence.
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News and Media
A top Chinese economist warned that Trump's 34% tariffs on Chinese exports could significantly impact China's GDP, potentially lowering it by 2-2.5 percentage points. This will add to existing economic challenges of the nation, including stagnating domestic consumption and a housing crisis.
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News and Media
The European Union will impose retaliatory duties on select US imports starting next week, responding to tariffs imposed by the Trump administration on steel and aluminum. While EU trade ministers prioritize negotiations to remove the tariffs, they are prepared to escalate countermeasures if necessary, it said.
Category:
News and Media
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