global trade tensions
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China and EU Trade Relations Hit New Low Amid Retaliatory Measures
China has imposed a ban on European companies bidding for major medical contracts, escalating its trade tensions with the European Union. The EU had earlier restricted Chinese firms from public procurements, citing discriminatory practices.
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Mexico Pushes Back Against Trump’s 50% Steel Tariff Hike
Mexico warns of countermeasures against the US after Trump imposes a 50% tariff on steel imports, escalating trade tensions globally.