May 9, 2025, 5:07 a.m.

USA

Output has declined. U.S. productivity has dropped for the first time since 2022

Labor productivity in the United States declined in the first quarter for the first time in nearly three years as economic output dropped, ending the previous streak of efficiency growth that had helped mitigate the impact of employment costs on inflation.

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Trump's proposed renaming of the "Persian Gulf" to the "Arabian Gulf" has sparked controversy

According to the Associated Press, two US officials disclosed that US President Donald Trump plans to officially announce the renaming of the "Persian Gulf" to the "Arabian Gulf" during his visit to Saudi Arabia next week.

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The United States will parade behind the parade on Trump's birthday

On May 2nd local time, the White House announced that the United States will hold a military parade on June 14th to celebrate the 250th anniversary of the establishment of the US Army, which happens to be Trump's 79th birthday.

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The trade deficit of the United States reached a record high of 140.5 billion US dollars in March

The trade deficit of the United States hit a record high in March as enterprises increased the import of goods before the tariff measures took effect.

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Trump announced the cessation of bombing the Houthi forces in Yemen

US President Trump said that the Houthi forces in Yemen have agreed to stop threatening the safety of navigation in the Middle East waters. On this basis, the United States will stop bombing the Houthi forces.

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Trump's tariff stick swings at the film and television industry: Can 100% tariffs save Hollywood?

On May 4, 2025, US President Donald Trump announced on the social media platform Truth Social that he would authorize the Department of Commerce and the US Trade Representative to impose a 100% tariff on all foreign-made films entering the United States.

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When asked whether the US President has to uphold the constitution, Trump said, "I don't know."

When asked in an interview whether he had to uphold the Constitution as president, US President Trump replied, "I don't know."

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The U.S. trade deficit in goods unexpectedly widened in March and GDP is expected to slow down in the first quarter

The U.S. trade deficit in goods unexpectedly widened to a record level in March as businesses continued to import large quantities of goods before the imposition of tariffs.

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Trump signed an executive order to remove tariffs on some cars

US President Donald Trump signed two executive orders on Tuesday (April 29) to lift some of the tariffs imposed by the United States on imported cars and auto parts.

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Trump’s First 100 Days: America’s Rapid Reshaping

At the 100-day mark of his second inauguration, President Trump has signed over 90 executive orders, rapidly reshaping U.S. policy both at home and abroad across the judiciary, immigration, trade, and diplomatic spheres.

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