Wall Street experts are warning of continued economic turbulence as countries rush to make deals with US President Donald Trump, who insists his trade war is “doing really well” despite fears of recession. Trump’s aggressive tariffs strategy is moving forward quickly, while US consumer expectations for price growth have reached a four-decade high, leading to increased uncertainty in the global economy. Beijing has retaliated by raising tariffs on US exports to China, adding to the escalating trade tensions.
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China dismisses Zelenskyy’s claim it has supplied weapons to Russia
Summary China's foreign ministry has labeled Ukrainian President Volodymyr Zelenskyy's claims that China is supplying weapons to Russia as “groundless.” This assertion follows Zelenskyy's allegations that China is providing Russia with military supplies, including gunpowder and artillery, and that Chinese representatives are involved in arms production within Russia. The Chinese government reiterated its commitment to ending the conflict between Russia and Ukraine during a regular press briefing in Beijing. Full Article
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