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US May Trade Deficit Further Widens as US Tariffs Continue to Disrupt Supply Chains, Impact Economy: Analysts

Summary by Global Times
In May, both US imports and exports contracted, with the trade deficit widening further. Analysts said that the latest data indicated that the US tariff policies continued to disrupt supply chains, while impacting the US economy.

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Companies such as Hapag-Lloyd and Helm AG in Hamburg also feel the effects of US customs policy.

·Hamburg, Germany
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The reinsurer Swiss Re expects that US customs policy will also be accompanied by growth turbulence for the global insurance industry, although profitability will remain stable for the time being thanks to bubbling capital gains. In his report, the Swiss Re Institute also warns against a growing fragmentation of the markets, as this limits the affordability and availability of insurance. The US – and China by far following – continues to expand …

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L'AGEFI broke the news in on Wednesday, July 9, 2025.
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