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How the EU is responding to Trump's trade assault
How the EU is responding to Trump's trade assault
by  AFP

Hit by three waves of painful US tariffs since President Donald Trump returned to office, the European Union's response has been a high-wire act, balancing calibrated retaliation with a push for negotiations to avert an all-out trade war. He added European tech rules were "separate" from the tariff discussions.

Some US consumers in 'survival mode' as Trump tariffs arrive
Some US consumers in 'survival mode' as Trump tariffs arrive
by  AFP

American consumers braced for pain even ahead of President Donald Trump's hefty tariffs on imported products, which came into effect overnight Tuesday into Wednesday. "I am a libertarian on tariffs, always have been," he said Tuesday, adding he plans to pick up a new Apple iPhone on Wednesday in case prices rise.

Japan to sell more rice reserves as prices soar
Japan to sell more rice reserves as prices soar
by  AFP

Japan will sell more rice from its emergency stockpile through July in an attempt to stabilise soaring prices, the agricultural minister said Wednesday. "In order to stabilise rice prices that have soared, the government will sell off its reserve rice every month until this summer" when newly harvested rice enters the market, agricultural minister Taku Eto said.