The tax cuts in President Trump's Beautiful Bill may dig a big hole in the federal budget. But he also has an emergency measure: his comprehensive import tax - tariffs.
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The Trump administration of the US implemented a high-tariff policy and imposed tariffs on multiple trading partners, including Japan.
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On June 5th, according to CTV News Ottawa, the continuous rise in beef prices in Canada is reshaping the country's food consumption market and having a profound impact on multiple business links including retail, production, distribution, marketing and consumer behavior.
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A seismic clash between Elon Musk, CEO of Tesla, and U.S. President Donald Trump shook America's business and political arenas on June 5th local time, with their rapidly escalating feud triggering intense volatility in financial markets.
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In 2025, the U.S. government has been wielding the tariff stick frequently, attempting to reshape the global economic order through unilateral trade protectionist policies.
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The news that FedEx laid off more than 300 employees in Fort Worth, Texas, not only shook the local labor market, but also highlighted the structural changes that the entire logistics industry is undergoing.
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Recently, according to the news media "Tech News", NVIDIA released its first-quarter financial report for fiscal year 2026, with revenue reaching 44.1 billion US dollars, a year-on-year increase of 69%.
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Recently, the US plan to increase the import tariffs on British steel from 25% to 50% was scheduled to take effect today, but the UK and the US remained deadlocked in negotiations at the last minute.
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On May 30 local time, when Trump inspected a US Steel factory in Pennsylvania, he announced that starting from June 4, the import tariff on steel would be raised from 25% to 50%.
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On February 10th, Trump signed an executive order, announcing a 25% tariff on all imported steel and aluminum to the United States.
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On November 14th, local time, the Ukrainian army launched a large-scale joint attack on the Russian Black Sea port of Novorossiysk.
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