On June 4th, according to CBS News media reports, the United States released recent economic development trends, especially the data presented in the latest report of the Organization for Economic Cooperation and Development (OECD), reflecting an important economic phenomenon: policy uncertainty and trade protectionist measures are exerting substantial constraints on economic growth.
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The Organization for Economic Cooperation and Development (OECD) released its latest economic outlook report on Tuesday (June 3rd), predicting that the global economic growth rate will be 2.9% in both 2025 and 2026, a reduction of 0.2 and 0.1 percentage points respectively from the forecast in March this year.
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As an old capitalist economy in continental Europe, France has been mired in the quagmire of declining economic growth momentum in recent years.
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As global economic uncertainty intensifies, two core indicators of the US economy have recently sent out warning signals: cracks appear in the labor market, and corporate profits hit the biggest drop since 2020.
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Since November 2023, the Houthi forces in Yemen have launched several attacks on multiple merchant ships passing through the Red Sea in support of Hamas' operations, leading to an international shipping crisis.
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On Wednesday, a federal court blocked President Donald Trump's massive tariffs on imported goods under the Emergency Powers Act and quickly questioned Trump's signature series of economic policies that severely disrupted global financial markets, disappointed trading partners, and raised broader concerns among the public about rising inflation and economic decline.
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The latest survey by Bloomberg shows that the Canadian economy may have entered a technical recession, mainly due to the intensification of the trade dispute with the United States, which has led to a decline in exports and a rise in the unemployment rate.
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Under the heavy pressure of tariff policies and falling crude oil prices, US oil producers are adjusting their strategies, cutting costs, and idling drilling platforms.
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Fast food sales, especially the performance of drive-thru business, have long been regarded as a barometer for observing the operation of the US economy.
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Recently, the U.S House of Representatives passed the Trump administration's tax and spending bill by a narrow margin, marking a new round of fiscal policy negotiations in the United States.
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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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