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Asian shares gain cautiously as Treasuries show signs of support after the passage of a U.S. tax bill, despite ongoing debt concerns.
China and ASEAN have completed negotiations on a new free trade agreement aimed at enhancing economic cooperation and reducing trade tensions.
Pakistan's GDP growth reaches 2.68%, falling short of expectations as economic challenges persist.
Japan's exports rose 2% in April, but shipments to the US fell nearly 2% amid tariff impacts.
Trump's tax cut bill progresses with key votes as concerns over national debt and intra-party divisions emerge.
China reduces benchmark lending rates to boost economic activity as tensions with the US continue, signaling efforts to stabilize growth.
Stocks and bonds tumble as Moody's downgrades U.S. credit rating, raising concerns over increasing borrowing costs and economic growth.
India restricts imports from Bangladesh, notably affecting the textile sector, as relations sour amid geopolitical shifts.
China has announced anti-dumping duties up to 74.9% on plastics from the US, EU, Japan, and Taiwan amidst ongoing trade tensions.
Canada temporarily pauses some counter-tariffs on US goods, but claims of "nearly zero" tariffs are contested by Finance Minister Francois-Philippe Champagne.
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