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Trump says will be 'kind' with tariffs as deadline looms
Trump says will be 'kind' with tariffs as deadline looms
Economy
by  AFP

US President Donald Trump said Monday he would be "very kind" to trading partners when he unveils further tariffs this week, risking global turmoil to address what he says are unfair trade imbalances. Critics warn that the strategy risks a global trade war, provoking a chain reaction of retaliation by major trading partners like China, Canada and the European Union.

Carmakers face doubts and jolts over US tariffs
Carmakers face doubts and jolts over US tariffs
Economy
by  AFP

Raise prices or cut into their margins, open or close factories: carmakers must soon make major decisions as the United States imposes stiff tariffs on imported vehicles. US manufacturers are still hoping that tariffs will be reduced on vehicles imported from Canada and Mexico, where they have numerous factories.

'Heartbreaking' floods swamp Australia's cattle country
'Heartbreaking' floods swamp Australia's cattle country
Economy
by  AFP

Whole herds of cattle have drowned in vast inland floods seeping across the Australian outback, officials said Tuesday as the muddy tide drenched an area the size of France. Officials said more than 100,000 livestock -- cattle, sheep, goats and horses -- had been swept away, were missing, or had drowned.