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US President Trump has proposed reciprocal tariffs that could increase tariffs on imports to match those applied by other countries. Analysts predict this measure could mainly impact emerging market economies with high duties on US products and further complicate international trade dynamics.
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It controversially updated the Gulf's name for US users after President Trump ordered it to be changed.
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Business secretary Jonathan Reynolds says the government has a strong case to avoid tariffs on UK-made steel entering the US.
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