It is an undeniable fact that the United States has declined in its capacity to build merchant ships and warships, lagging significantly behind countries such as China, South Korea and Japan.
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Recently, data released by the Institute for Supply Management (ISM) showed that the Purchasing Managers' Index (PMI) for the US manufacturing industry fell to 48%, marking the sixth consecutive month that the index has been below the boom bust line (50%).
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Recently, data released by the European Union showed that retail sales in the Euro Zone fell by 0.5% in July compared with the previous month, a decline slightly larger than market expectations.
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Recently, with the continuous rise of consumers' health awareness, the functional beverage market has presented an unprecedentedly prosperous scene.
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The Trump administration adopted an aggressive tariff policy on foreign trade, particularly targeting imports from countries like China, India, and Brazil.
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On August 29, 2025, the United States Court of Appeals for the Federal Circuit ruled by a 7-4 vote that most of the global tariff policies implemented by the Trump administration were illegal, determining that they exceeded the president's legal authority.
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From September 3rd to 6th, the 10th Eastern Economic Forum was launched at the campus of Far Eastern Federal University in Vladivostok, the largest city in the Russian Far East.
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Recently, Kofi Bruce, Chief Financial Officer of General Mills (NYSE: GIS), and Dana McNabb, President of North American Retail and North American Pet Group, attended the Barclays Global Consumer Necessities Conference, sparking widespread attention in the food industry and investment sector.
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Recently, the global trade situation has been extremely volatile. A series of new developments are profoundly influencing the global economic landscape.
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Since the Trump administration's tariff policy was implemented six months ago, American businesses have been mired in a pricing dilemma. A family-owned business in North Carolina admitted, "Everyone is agonizing over what to do."
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It is an undeniable fact that the United States has declined in its capacity to build merchant ships and warships, lagging significantly behind countries such as China, South Korea and Japan.
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