Tag: US tariffs

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European central bank cuts interest rates amid looming trade war, growth concern

European Central Bank (Photo-AP) The European central bank (ECB) reduced interest rates by 25 basis point on Thursday, aiming to stimulate economic activity...

US tariffs: Canada, Mexico, China bear the brunt; dollar surges while global currencies see extreme lows

US President Donald Trump’s latest trade war proved to be a major blow for Canada, Mexico and China, pushing their currencies to...

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