Economy - PRESS AI WORLD
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ECONOMY
U.S. Stock and Bond Markets Decline Following Moody's Credit Downgrade

Stocks and bonds tumble as Moody's downgrades U.S. credit rating, raising concerns over increasing borrowing costs and economic growth.

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ECONOMY
Asian Markets Decline Following US Credit Rating Downgrade

Asian markets dropped as Moody's downgraded the US credit rating, raising concerns about debt and increasing treasury costs.

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ECONOMY
India Imposes Restrictions on Bangladeshi Imports Amid Diplomatic Tensions

India restricts imports from Bangladesh, notably affecting the textile sector, as relations sour amid geopolitical shifts.

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ECONOMY
China Imposes Heavy Anti-Dumping Duties on Plastic Imports from US, EU, Japan, and Taiwan

China has announced anti-dumping duties up to 74.9% on plastics from the US, EU, Japan, and Taiwan amidst ongoing trade tensions.

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ECONOMY
Canada's Finance Minister Defends Counter-Tariffs Amid Claims of Pausing Their Effectiveness

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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ECONOMY
Trump Urges Walmart to 'Eat the Tariffs' Amid Price Hike Concerns

Trump criticizes Walmart for warning about price hikes due to tariffs, urging the retailer to absorb costs instead.

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ECONOMY
NYU withholds diploma from student who criticized U.S. and Israel in graduation speech

NYU denies a diploma to a student after he condemned U.S. support of Gaza actions during his graduation speech.

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ECONOMY
Moody's Downgrades US Credit Rating, Removing Last Triple-A Status

Moody's has downgraded the US credit rating, impacting its economic narrative amid rising government debt concerns.

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ECONOMY
Vietnam Engages in Urgent Tariff Talks with the United States Amid Trade Deficit Concerns

Vietnam and the U.S. hold urgent negotiations to address a significant trade deficit amid impending tariffs.

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ECONOMY
Walmart Warns of Price Hikes Due to Tariffs Despite Strong First Quarter Sales

Walmart plans to raise prices due to tariffs impacting its costs, despite reporting strong first quarter sales.

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