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Trump stuns with tariff backtrack but hikes China rate to 125%
Trump stuns with tariff backtrack but hikes China rate to 125%
Business and Economy
by  AFP

US President Donald Trump abruptly paused tariffs on most countries, sparking euphoria on global markets Thursday, but upped the ante on a brutal trade war with superpower rival China. - China duel - Markets have been on a rollercoaster ride since Trump's announcement of sweeping global tariffs one week ago on what he called "Liberation Day" before his dramatic pause on Wednesday.

Amazon to launch first batch of satellites rivaling Musk
Amazon to launch first batch of satellites rivaling Musk
Business and Economy
by  AFP

The US retail giant Amazon is preparing to launch Wednesday its first full batch of Project Kuiper satellites, marking a crucial milestone in the battle with Elon Musk's Starlink to provide high-speed internet. With this launch, Amazon is going into direct competition with SpaceX's Starlink and other satellite internet providers.

Who stands in the crosshairs of Trump's tariffs?
Who stands in the crosshairs of Trump's tariffs?
Business and Economy
by  AFP

With sweeping tariffs targeting key US trading partners, President Donald Trump sent the world economy into a tailspin Wednesday before backing down hours later -- with a 90-day reprieve for all but China. Here is a rundown of what tariffs Trump has implemented in his second presidency, as a trade fight between Washington and Beijing again heats up.