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Europe prepares first countermove to trump tariffs
The European Union is preparing its first wave of retaliatory tariffs against the US after President Trump’s 20% import duty, aiming to pressure Washington into trade talks while minimizing damage to European industries.
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Are Trump’s new tariffs truly reciprocal or just trade war by another name?
Some experts suggest the latest tariff hikes may be driven more by trade deficits than actual foreign trade barriers.
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Michigan braces for economic shock as Trump’s tariffs target auto industry
Trump’s auto tariffs hit Michigan hard, sparking job fears and economic strain while some residents hope for a long-term manufacturing revival.
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Trump targets global VAT system in tariff rhetoric, but world sees little chance of change
Trump's attack on global VAT systems as unfair trade barriers is widely rejected, with experts saying the tax is trade-neutral, fiscally essential, and unlikely to change.
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The cost of Trump tariffs: Why your next iPhone could get a lot more expensive
Tariffs aim to bring manufacturing to the US, but the reality is a pricier supply chain and steeper phone bills for consumers
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Elon Musk’s influence in Trump’s White House reshapes policy, ousts officials, and sparks internal tension
Elon Musk, now a powerful informal advisor to Trump, has helped reshape federal policy, oust officials like DeJoy, and stir tensions within the administration with his aggressive cost-cutting and erratic influence.
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Trump’s global tariff blitz marks end of US-led globalisation, sparking uncertainty and economic upheaval
Trump’s sweeping new tariffs mark the end of US-led globalisation, ushering in a protectionist era that economists warn could trigger global recession and long-term economic disruption.
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Trump’s migrant detention at Guantánamo has cost $40 million so far, with most facilities unused and far below capacity
Trump’s Guantánamo migrant detention plan has cost over $40 million so far, despite holding fewer than 400 people and leaving most facilities unused.
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Trump’s tariff formula penalises trade deficits but overlooks key factors, triggering global trade distortions
Trump’s new tariffs use a blunt formula based solely on 2024 goods trade deficits, ignoring services and past trends, leading to arbitrary, distortionary rates for many countries.
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Europe weighs closer China ties amid Trump’s tariff storm, but risks to industry and politics loom
Facing US tariffs and economic strain, Europe is exploring closer trade ties with China—but risks undermining its own industries and strategic interests in the process.
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UK and allies plan secret defence fund to bypass EU rules and rearm faster amid US retreat
The UK and northern European allies are secretly planning a defence fund to bypass EU rules and public debt limits, aiming to rearm quickly amid fears of US withdrawal and Russian aggression.
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North Korea emerges as the world’s top crypto thief
North Korea has emerged as the world’s most prolific crypto thief, stealing over $6 billion to fund its regime through sophisticated cyberattacks like the $200 million WazirX heist.
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Trump’s new auto tariffs could devastate EV industry—even as Tesla stands to gain
Trump’s new auto tariffs and threat to kill EV tax credits could cripple the electric vehicle industry—except for Tesla, which may benefit due to its US-based production.
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Trump’s “reciprocal” tariffs hit poorest nations hardest, risking thousands of jobs and economic instability
Trump’s sweeping new tariffs target some of the world’s poorest nations, threatening industries like Lesotho’s denim exports and risking massive job losses with little clear economic rationale.
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Trump’s steep new tariffs on China risk flooding global markets with unsold goods
Trump’s sweeping new tariffs on Chinese imports risk flooding global markets with excess goods, raising prices at home and escalating global trade tensions.
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Trump administration moves to block $510 million in federal funding to Brown University over campus antisemitism concerns
The Trump administration plans to block $510 million in federal funding to Brown University as part of its crackdown on campus antisemitism, making it the fifth elite university targeted.
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Trump’s Russia tilt alarms NATO’s eastern flank
Trump’s warming ties with Putin and shifting NATO stance are unsettling Eastern Europe, where leaders remain militarily tethered to the US but politically anxious about a “Yalta 2.0” repeat.
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Myanmar’s earthquake disaster deepens a hidden war
Myanmar’s deadly earthquake has compounded the country’s civil war, deepening a humanitarian crisis in rebel-held areas where aid is blocked, and the future of the conflict remains uncertain.
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Pepsi’s big reboot: How the soda giant plans to win back market share from Coke and Dr Pepper
Pepsi is mounting an aggressive campaign to revive its struggling soda business as flagship cola sales fall behind Dr Pepper and overall beverage market share declines.
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Trump leans on Saudi Arabia to boost foreign policy and economic goals
President Trump is relying on Saudi Arabia and Crown Prince Mohammed bin Salman to mediate key global conflicts and boost US economic interests, highlighting the kingdom’s growing strategic importance.
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Traveling to the UK? You may now need digital authorisation even without a visa
The UK now requires visa-exempt travellers, including from the US and most of Europe, to obtain a digital travel authorisation called ETA for short visits or transit.
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Trump’s Truth Social shares tumble as filing signals potential $2.3 billion sell-off
Trump Media stock drops 7.4% after SEC filing includes president’s full stake; ‘Liberation Day’ tariffs add to market jitters.
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Trump launches sweeping new tariffs, marking ‘Liberation Day’ in US trade policy
New 10% baseline tariff and up to 50% reciprocal levies signal dramatic escalation in global trade tensions.
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Trump ends de minimis loophole, upending online shopping from China
Trump’s decision to scrap the de minimis loophole will disrupt Chinese e-commerce shipments and raise prices for US consumers and small retailers.
