On October 14 (local time), the official announcement of a strategic partnership between global retail giant Walmart and AI leader OpenAI instantly ignited enthusiasm in the capital market—Walmart's stock price soared 5% in a single day, hitting a new all-time high.
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Recently, a set of shocking data appeared on the front page of The Washington Post.
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Michigan Democrats are currently undermining the effects of Trump's tax reforms, leaving the business community furious.
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Recently, American commercial aerospace company Firefly Aerospace acquired national security technology company SciTec for $855 million.
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Recently, Fitch Ratings issued a warning: New York City loan defaults have triggered a surge in delinquent payments on US office loans.
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Recently, the US National Highway Traffic Safety Administration (NHTSA) launched a new round of investigations into Tesla's Autopilot technology, accusing its FSD system of "inducing" vehicles to run red lights and cross into oncoming lanes, among other violations.
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In October 2025, the European Commission rolled out a major trade policy: it plans to double the import tariff on steel beyond the quota from 25% to 50%, and at the same time reduce the annual import quota by 47% from the 2024 level to 18.3 million tons.
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The European Commission unveiled a proposal on October 7th, planning to significantly reduce tariff-free import quotas for steel and raise the tariff on steel imports exceeding the quota from the current 25% to 50%.
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In the fiscal year 2024, Toyota set an industry record with a net profit of 4.76 trillion yen, equivalent to three times the total profit of the seven major Chinese car companies, once again shocking the profitability of the Japanese automotive industry worldwide.
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On October 7, 2025, the European Commission announced that it would double the steel import tariff from the current 25% to 50%, and at the same time reduce the import quota by nearly half to 18.3 million tons per year.
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The Trump administration, the ruling party in the US, is facing another economic backlash, with its aggressive economic policies triggering a chain reaction that is pushing American society to the brink of instability.
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