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'Retaliate': Trump tariff talk spurs global jitters, preparations
'Retaliate': Trump tariff talk spurs global jitters, preparations
Economy
by  AFP

Donald Trump's tariff threats have rattled foreign businesses and governments, with many fearing it could signal the opening salvo of an all-out trade war when he returns to the White House next year. The US trade deficit with Vietnam has widened in recent years on a surge in goods imports.

Coffee price heats up on tight Brazil crop fears
Coffee price heats up on tight Brazil crop fears
Economy
by  AFP

The price of Arabica coffee hit the highest level since 1977 on Wednesday, approaching a record high as drought in top producer Brazil this year hits supplies. Brazil, the world's largest coffee producer, faced a record-breaking drought this year which has raised significant concerns for 2025/2026 crops amid already tight supplies.