Economy - PRESS AI WORLD
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ECONOMY
China Warns Nations Against Trade Deals with the US That Compromise Its Interests

China cautions countries not to sacrifice its trade interests for US agreements, reaffirming its stance against unilateral tariffs.

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ECONOMY
VinFast Launches Second Domestic EV Factory Amid Challenges in Global Expansion

VinFast opens a new EV factory in Vietnam as it navigates delays in global expansion plans and aims for increased production.

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ECONOMY
G7 Exempts US Multinationals from Global Minimum Tax

G7 nations agree to exempt US multinationals from global minimum tax, providing significant concessions for American corporations.

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ECONOMY
California Signs $321 Billion Budget Cutting Immigrant Healthcare to Alleviate $12 Billion Deficit

California's new budget prioritizes fiscal restraint, cutting immigrant healthcare to close a $12 billion deficit.

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ECONOMY
Trump announces US-China trade deal; rare earth exports and student visas included

Trump announces a trade deal with China focusing on rare earth exports and student visas amid ongoing economic tensions.

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ECONOMY
Harvard and University of Toronto Introduce Backup Plan for International Students Facing Visa Issues

Harvard and the University of Toronto launch a contingency plan for international students amid U.S. visa challenges, offering remote learning and alternative study options.

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ECONOMY
Nike Anticipates $1 Billion Tariff Impact, Plans Production Shift and Price Increases

Nike forecasts a $1 billion increase in costs due to tariffs, prompting a shift in production and planned price hikes.

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ECONOMY
Surge in Crypto Use in Bolivia Amid Economic Crisis

Bolivia sees a dramatic increase in cryptocurrency transactions as citizens turn to digital assets amidst severe inflation and economic turmoil.

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ECONOMY
Vietnamese PM Optimistic About Trade Deal with US Before Upcoming Tariff Deadline

Vietnam's PM expresses hope for a trade deal with the US before the looming tariff deadline, emphasizing ongoing negotiations.

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ECONOMY
China's Industrial Profits Plummeted 9.1% in May Amid Economic Challenges

China's industrial profits decreased by 9.1% in May, impacted by weak demand and ongoing trade tensions.

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