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Donald Trump claims the US trade deficit has fallen 78% due to tariffs and may turn positive this year. However, 2025 data show continued deficits despite lower Chinese imports. A Federal Reserve study finds that most tariff costs were borne by US businesses and consumers, not by foreign exporters.
The crude was bought in two separate deals and will be co-loaded on a very large crude carrier to cut shipping costs, lifting India's Venezuelan imports to at least 6 million barrels through April
India AI Impact Summit 2026: With speeches from PM Modi and French President Macron, the opening ceremony of the summit today aims to forge international collaboration on AI governance and innovation.
New Zealand’s central bank is in the unusual position this year of expecting a strong economic recovery without triggering inflation pressures, according to Assistant Governor Karen Silk.
Conservative political activist and commentator Tucker Carlson, who was in Israel to interview US Ambassador Mike Huckabee, told the Daily Mail that he had been detained. Soon after, US and Israeli authorities responded. Here's what they said.
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