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The EU is poised to impose $24 billion in tariffs on US goods if trade talks fail, as tensions escalate between the two economies.
Bitcoin reached $120,000 for the first time, driven by optimism over U.S. regulatory changes aimed at the digital asset sector.
Trump's 30% tariffs set to start Aug. 1 prompt discontent in the EU and Mexico amid escalating trade tensions.
US customs duties have exceeded $100 billion for the first time, helping create a budget surplus amid President Trump's tariff policies.
Trump announces 30% tariffs on EU and Mexico starting August 1, citing trade deficits and drug trafficking concerns.
MP Materials secures a $400 million deal with the U.S. government to enhance rare earth production, reducing dependency on China.
Lesotho faces a two-year disaster state due to high unemployment rates linked to US tariffs impacting its textile sector.
Starting August 1, nearly 8 million borrowers under the SAVE plan will see their student loan interest charges resume, significantly increasing their financial burden.
Sri Lanka's apparel industry is alarmed by a new 30% tariff imposed by the US, which significantly threatens the sector's viability.
Trump warns 21 countries of increased tariffs starting August 1, as he continues his aggressive trade policies.
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