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The U.S. trade deficit shrank 24% in August due to decreased imports as tariffs take effect, impacting economic growth forecasts.
Asian stock markets soar as investors react positively to a breakthrough in US-China trade negotiations aimed at averting a tariff escalation.
Modi urges Indians to abandon foreign products, promoting local goods to mitigate strained US trade relations.
China faces economic challenges as July factory output and retail sales decline sharply, impacting growth prospects.
World Bank reduces global growth forecast to 2.3% for 2025 as trade tensions rise, while India is projected to maintain a 6.3% growth rate.
OECD forecasts global economic growth to slow to 2.9% in 2025 due to Trump's tariffs, significantly impacting the U.S. economy.
The IMF downgrades global growth forecasts to 2.8% for 2025, citing the repercussions of President Trump's sweeping tariffs.
Lee Jae-myung has officially declared his candidacy for South Korea's presidency, promising to address inequality and drive economic growth in a turbulent political context.
Friedrich Merz presents a coalition deal with the SPD, promising to revive Germany's economy and address national security amid global trade tensions.
US tariffs impose significant challenges on China's economy, potentially shrinking exports and dampening growth as restrictions expand.
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