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Elon Musk and Other CEOs on Trump’s Trip to China Sought Relief

By: Ana Swanson
Elon Musk and other powerful executives who accompanied President Trump to China are hoping to clear roadblocks put up by Beijing.

Elon Musk and Tim Cook, far right, were among the U.S. chief executives in attendance during a state banquet in Beijing last week.

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Budget Airlines Ask Trump Administration for Billions as Fuel Costs Rise

By: Karoun Demirjian and Lauren Hirsch
A trade group for the airlines is seeking $2.5 billion to help offset the big jump in jet fuel costs since the start of U.S.-Israeli attacks against Iran.

A trade group that represents low-cost carriers including Frontier Airlines is seeking $2.5 billion from the Trump administration to offset some fuel costs.

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Middle East War Will Slow Global Economic Growth, I.M.F. Warns

By: Alan Rappeport
The conflict could also fuel another bout of inflation, according to the International Monetary Fund.

New International Monetary Fund projections showed a global economy that was stopped in its tracks by the U.S. war in Iran.

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Mark Carney Seals a Majority Government and Remakes Canada’s Liberal Party

By: Matina Stevis-Gridneff
The rising star in global centrist politics has secured a majority in the Canadian Parliament. Critics are crying foul.

Prime Minister Mark Carney of Canada speaking on Saturday at a Liberal Party convention in Montreal.

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New Rules Hinder Foreign Firms From Moving Supply Chains From China

By: Keith Bradsher
Multinationals in China are concerned that the regulations could allow authorities to penalize companies and executives for shifting supply chains away from the country.

Steel pipes await export in Lianyungang, China. The country’s trade surplus reached nearly $1.2 trillion last year as exports continued to outpace imports.

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Trump’s Latest Oil Blockade Brings Bigger Economic Risks

By: Rebecca F. Elliott
Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy.

A strike on the Bapco oil refinery in Bahrain in early March. A U.S. blockade of the Strait of Hormuz may give Iran a reason to restart attacks on energy assets throughout the Persian Gulf.

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Volkswagen Suffers More Than Rivals From Auto Industry Woes

By: Jack Ewing
The German automaker’s sales in the United States plunged last year, hit by tariffs and the end of tax credits for electric vehicles.

Electric vehicles at a Volkswagen plant in Dresden, Germany. The company is an extreme example of how difficult it has been for foreign automakers to cope in the U.S. car market.

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China’s Threat to Block Rare Earths Has Put Japan on High Alert

By: River Akira Davis
Tokyo is concerned at signs that Beijing may be laying the groundwork to restrict access to the metals vital to manufacturing.

A truck hauling material out of a mining valley for heavy rare earth metals on the outskirts of Longnan, China, in April.

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Trade Chaos Causes Businesses to Rethink Their Relationship With the U.S.

By: Nadav Gavrielov
From Sweden to Brazil, six small companies talk about how they are communicating with their U.S. customers amid uncertainty over Trump’s changing tariffs.

Víctor Feliu at his chocolate company in Mexico. The changing rules for sending goods to the United States have forced him to pause his U.S. shipments.

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How One German Toymaker Made Money Despite U.S. Tariffs

By: Melissa Eddy
A combination of strategic planning, good timing and a long-awaited product helped the maker of electronic story boxes weather the onset of tariffs.

A popular audio player, Toniebox. Toy sales in the United States are up, despite new tariffs, which contributed to, on average, a 4 percent increase in retail prices, according to Circana, a marketing research firm.

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A Pacific Gateway Shows the Kremlin’s Grip on Russia’s Vast Expanse

By: Ivan Nechepurenko and Nanna Heitmann
In a country where power is highly centralized, Moscow sets the tone for Vladivostok, 4,000 miles away, complicating longstanding ambitions to make it a trading powerhouse.

The city is dominated by gray Soviet-era apartment blocks.

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Tariff Uncertainty Expected to Slow Global Economic Growth This Year

By: Liz Alderman
President Trump’s trade war is still playing out, and the full effect will be felt heading into next year, the latest projections show.

An auto factory in China. President Trump has imposed duties on goods from allies like the European Union, Canada and India, as well as rivals like China.

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What the Nvidia Chip Payoff Deal Says About Trump’s Trade War

A deal for Nvidia and AMD to give the Trump administration a cut of chip sales to China raises questions about national security and trade policy goals.

President Trump and Jensen Huang of Nvidia in April. The Nvidia leader persuaded the president to approve A.I. chip sales by arguing that preventing them would only hurt U.S. tech companies.

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Small Businesses Brace for the Punishing Side Effects of Trump’s Tariffs

By: Patricia Cohen
Large firms with big bank balances, workers already in jobs and households near the top of the income ladder will have an easier time navigating the economic waves.

Katrina Golden, at her coffee and cake shop, Lil Mama’s Sweets & Treats, inside the Veterans Affairs Medical Center in Augusta, Ga.

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U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China

By: Tripp Mickle
In a highly unusual arrangement with President Trump, the companies are expected to kick 15 percent of what they make in China to the U.S. government.

Jensen Huang, Nvidia’s chief executive, last month. Mr. Huang and President Trump struck the 15 percent arrangement at a White House meeting last week.

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Caught Between Tariffs and China, Mexico Adapts to an Unpredictable U.S.

Relying on Asian suppliers is no longer a safe bet for many factories in Mexico. Companies are racing to change, and they are being encouraged by the government.

Assembling refrigeration and air-conditioning units at a factory for the Danish company Danfoss, in Apodaca, Nuevo Leon, Mexico.

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Ukraine Takes First Step Toward Carrying Out Minerals Deal With U.S.

By: Constant Méheut
The government is trying to show the Trump administration that it can deliver on the agreement.

In a handout image from Ukraine’s government, Scott Bessent, the U.S. Treasury secretary, and Yulia Svyrydenko, the Ukrainian economy minister, signed the minerals deal in Washington in April.

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Trump’s Trade and Tax Policies Start to Stall U.S. Battery Boom

By: Rebecca F. Elliott
Battery companies are slowing construction or reconsidering big investments in the United States because of tariffs on China and the proposed rollback of tax credits.

Group14 Technologies, a start-up, slowed the construction of a battery materials factory in Moses Lake, Wash., after its customers in China balked at paying higher tariffs.

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5 Takeaways From the U.S.-U.K. Trade Agreement

By: Eshe Nelson
The deal still has to be finalized, but it was hailed as a success by both countries for being the first since President Trump announced broad tariffs in April.

President Trump with Keir Starmer, the British prime minister, at the White House in February.

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