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Overview
President Trump's budget proposes large cuts; EU and China signal easing trade tensions with the U.S.
Takeaways
- •The White House proposes $160 billion in cuts to discretionary spending, targeting environmental and education programs but protecting Medicare and Social Security.
- •The EU proposes buying $56 billion in U.S. goods to reduce trade imbalances, while China considers talks if the U.S. cancels tariffs.
- •Big tech companies like Apple face tariff-related cost increases but show resilience by diversifying supply chains to India and Vietnam.
Mind Map
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Chapters
- This is a chapter‘s title.The Fragility of Society and the Pendulum of ChangeThe Fragility of Society and the Pendulum of ChangeThe Fragility of Society and the Pendulum of ChangeThe Fragility of Society and the Pendulum of Change
- This is a chapter‘s title.The Fragility of Society and the Pendulum of ChangeThe Fragility of Society and the Pendulum of ChangeThe Fragility of Society and the Pendulum of ChangeThe Fragility of Society and the Pendulum of Change
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