President Trump ordered new tariff rates on America’s trading partners to address trade imbalances, targeting the value-added tax system used in Europe. The U.S. does not have a VAT, but has benefited from it indirectly through relief for exporters. European leaders are preparing a response to potential tariff increases, as the tax accounts for a significant portion of their total revenue.
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Got $5,000? 3 Tech Stocks to Buy and Hold for the Long Term
The technology sector is experiencing significant growth due to innovations that enhance organizational efficiency and ease daily operations, driven by the increasing digitalization and adoption of cloud software. In light of this demand, investing in promising technology growth stocks for long-term accumulation can help individuals build substantial wealth for retirement. Want More Context? 🔎
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