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US-China trade talks conclude without breakthroughs, with analysts noting Beijing's unexpected gain in negotiating power.
IMF raises its global growth forecast to 3% for 2025, citing tariff adjustments and improving financial conditions amidst ongoing economic challenges.
Union Pacific proposes an $85 billion acquisition of Norfolk Southern to create the first coast-to-coast freight railroad in the U.S.
The US and EU finalize a trade deal imposing 15% tariffs, drawing mixed reactions from European leaders highlighted by France's condemnation of the agreement.
China announces childcare subsidies to boost birth rates amid demographic challenges and economic uncertainties.
New tariffs of 15-20% on exports to the US set for countries without deals as Trump finalizes trade negotiations.
Trump expresses skepticism about a trade deal with Canada, indicating a potential 35% tariff by August 1.
Volkswagen reports a $1.5 billion loss from tariffs and adjusts profit expectations amidst ongoing trade tensions.
Tesla reports a third consecutive profit drop, with CEO Elon Musk warning of potential rough patches ahead as EV tax credits expire.
BYD plans to assemble electric vehicles in Pakistan by 2026, aiming to capture the growing EV market amidst local production incentives.
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