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Tag: Global Trade

US-EU Trade Deal at Brink: Tariffs Loom as July 9 Deadline Nears

US-EU Trade Deal at Brink: Tariffs Loom as July 9 Deadline Nears

US-EU Trade Deal at Brink: Tariffs Loom as July 9 Deadline Nears With just five days remaining until a critical July 9 deadline, the United States and the European Union are locked in intense negotiations to avert a potential trade war. Failure to reach an agreement could trigger the full implementation of U.S. President Donald Trump‘s ‘reciprocal tariffs,’ potentially hitting EU goods imported into the U.S. with duties as high as 50%. The looming deadline follows a 90-day reprieve on…

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Asia-Pacific Markets Brace for Trump Tariff Deadline Amid Mixed Trading

Asia-Pacific Markets Brace for Trump Tariff Deadline Amid Mixed Trading

Asia-Pacific Markets Brace for Trump Tariff Deadline Amid Mixed Trading Asia-Pacific markets are experiencing a day of mixed trading as investors brace for the critical deadline set by former President Trump regarding higher tariffs. The looming prospect of increased trade barriers is injecting significant uncertainty into regional economies, leading to varied performance across different sectors. Major indices in the Asia-Pacific region are reflecting this apprehension, with some markets showing modest gains while others are in decline. This cautious sentiment underscores…

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