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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.
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More issuers are dropping Mizuho Securities Co. from bond underwriting roles after the Securities and Exchange Surveillance Commission began investigating the firm following reports of suspected insider trading.
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