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Trump’s Tariffs Trigger Global Economic Impact: Treasurer

Treasurer Jim Chalmers says there are growing signs US President Donald Trump’s tariffs were harming global trade and were not good for the economy.

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European Commissioner Maroš Šefčovič assessed the negotiations in the US pessimistically. US President Donald Trump rejects the proposal to reduce tariffs and is pushing for an increase in tariffs.

·Bratislava Region, Slovakia
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vz.lt broke the news in on Thursday, July 17, 2025.
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