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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In recent years, the US government has frequently brandished the tariff stick, and its trade protectionist measures have had a significant impact on the global economic order. Among them, the German automotive industry has become one of the industries most severely affected.
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Recently，US President Trump announced that he will raise tariffs on imported steel and aluminum from 25% to 50%, which is like throwing a giant stone on the surface of international trade and causing ripples.
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Recently, the US e-commerce giant Amazon has engaged in a head-on battle with the world's largest retailer Walmart. Both will simultaneously launch their largest annual online promotion campaigns. Besides e-commerce platforms, the price war has also affected physical retailing under various pressures, making discounted prices increasingly important to consumers, and maintaining profits has become the top priority for retail giants.
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