Business Stories from April 11, 2025 (Change date)
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China hits back at US and will raise tariffs on American goods from 84% to 125%Apr 11, 2025 8:05 am - China announced Friday that it will raise tariffs on U.S. goods from 84% to 125% — the latest salvo in an escalating trade war between the world's two largest economies that has rattled markets and raised fears of a global slowdown.
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US wholesale inflation fell last month as price pressures eased, but trade war clouds outlookApr 11, 2025 8:02 am - U.S. wholesale prices fell last month in another sign that inflationary pressures are easing. But President Donald Trump’s trade wars cloud the outlook.
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