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Trump auto tariffs strike at heart of North American trade
Trump auto tariffs strike at heart of North American trade
by  AFP

US President Donald Trump's tariffs on imported cars strike at the heart of a North American free trade agreement, threatening to disrupt supply chains and raise prices, experts say. - More expensive cars - Analysts and US trading partners warn that the tariffs will raise prices for American consumers.

US 'in arrears' at the WTO
US 'in arrears' at the WTO
by  AFP

The United States has not paid its 2024 dues to the World Trade Organization and is therefore now deemed to be in "arrears", the WTO's spokesman said Friday. Washington has also not yet paid its dues for 2025, though contributions from the WTO's 166 members often do not come in until mid-year.

US Fed's preferred inflation gauge shows some cause for concern
US Fed's preferred inflation gauge shows some cause for concern
by  AFP

The US Federal Reserve's preferred inflation measure was largely unchanged last month, according to government data published Friday, but a widely scrutinized gauge of underlying price pressures rose. Personal income increased by 0.8 percent last month, according to the Commerce Department data published Friday.

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