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Sri Lankan rubber exporters urge reduced US tariffs to avoid losing US market share, citing competition from Indonesia.
Inflation from tariffs will likely keep rising until November or December, according to Apollo's chief economist Torsten Sløk.
Brazil's President Luiz Inácio Lula da Silva stepped up a confrontation with the US, accusing it of “unacceptable blackmail” ...
The U.S. is Europe and Britain’s largest export market. About 20% of EU exports go to the U.S. at a value of around $581 billion. Europe’s trade doesn’t immediately have anywhere else to go.
The Trump administration has already collected a huge sum from tariffs since initiating a global trade war in April.
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