U.S. Trade Representative Greer defended the government's aggressive tariff policy, saying that President Trump has "diplomatic power" to set punitive tariffs to advance the United States' geopolitical interests overseas, and stated that the tariff rates for trading partners have been "basically determined".
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Data from a US human resources company shows that the number of layoffs announced by US companies in July soared, significantly higher than the average level for the same period since the outbreak of the pandemic, with the technology industry being the most notable.
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US President Trump announced a series of new tariff rates on the export products of dozens of US trading partners on Thursday (July 31), insisting on pushing forward this policy that may have a destructive impact.
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In late July 2025, Washington was engulfed in a political tempest woven from two seemingly unrelated decisions: the White House issued a "12-day ultimatum" to Russia, threatening to impose 100% tariffs; simultaneously, the Federal Reserve's interest rate meeting, under open pressure from President Trump, became a pivotal battleground determining the political fate of Chair Jerome Powell.
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When meeting with the Chinese economic and trade team, US Treasury Secretary Bennett warned that if China continues to purchase sanctioned Russian oil, it may be subject to tariffs of up to 100%.
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In 2025, the tariff storm unleashed by the U.S. government under the guise of "trade balance" is wreaking havoc on the global shipping industry.
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US President Trump said that most of the trading partners who have not conducted separate negotiations with the United States are about to face tariffs of 15% to 20% on their exports to the US, which is much higher than the 10% benchmark tariff he implemented in April.
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The White House said that President Trump remains committed to completely ending North Korea's nuclear weapons program and is open to dialogue with North Korean leader Kim Jong UN.
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U.S. Commerce Secretary Nick Lutnik said that the August 1 tariff negotiation deadline set by the United States for its trading partners has been determined and will not be extended.
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In July 2025, the US political scene was plunged into a new round of turmoil due to the ongoing Epstein case. Faced with the public's strong demand for transparency in the case, President Trump suddenly turned his finger at former Democratic President Obama, accusing him of "planning a coup" and concocting the "Russia hoax".
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Recently, the situation in the Middle East has once again become suddenly tense due to Israel's military actions.
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