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Mexico's lower house approves tariff hikes on Chinese, other Asian imports

Mexico's lower house approves tariff hikes on Chinese, other Asian imports

By Diego Oré MEXICO CITY, Dec 10 (Reuters) - Mexico's lower house early Wednesday approved tariffs of up to 50% next year on imports from China and several other Asian countries, aiming to boost domestic production and address trade imbalances. 
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India's strong growth, tech demand brighten developing Asia prospects, says ADB

India's strong growth, tech demand brighten developing Asia prospects, says ADB

MANILA, Dec 10 (Reuters) - Strong demand for products from the region's high-tech economies and India's faster-than-expected growth have improved the outlook for developing Asia and the Pacific for this year and the next, the Asian Development Bank said on Wednesday.
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India, US step up talks on bilateral deal, trade ties

India, US step up talks on bilateral deal, trade ties

NEW DELHI, Dec 10 (Reuters) - India's Commerce Secretary Rajesh Agrawal met U.S. Deputy Trade Representative Rick Switzer to discuss bilateral trade and economic ties, the government said on Wednesday.
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Analysis-Thailand–Cambodia border clash tests Trump's tariff diplomacy

Analysis-Thailand–Cambodia border clash tests Trump's tariff diplomacy

By Devjyot Ghoshal BANGKOK, Dec 10 (Reuters) - In July, it took a call from U.S. President Donald Trump and the threat of crushing tariffs to halt five days of fierce fighting between Thailand and Cambodia. This week, border clashes reignited, ending the Trump-backed ceasefire.
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Two of Trump's peace deals at risk as fighting surges in Congo and at Cambodia-Thailand border

Two of Trump's peace deals at risk as fighting surges in Congo and at Cambodia-Thailand border

At least two of several agreements aimed at ending global conflicts that President Donald Trump has hailed as evidence of his negotiating prowess are in trouble and at risk of collapsing
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Climate change threatens Asia’s water and power systems, reports warn

Climate change threatens Asia’s water and power systems, reports warn

Climate change is hammering Asia’s water and power systems, endangering the lives and livelihoods of millions, with countries facing billions in protection costs, according to Asia-based lenders and advocacy groups
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US military developing small refineries for critical minerals

US military developing small refineries for critical minerals

Dec 9 (Reuters) - The U.S. military said it plans to develop a fleet of small-scale refineries to produce critical minerals used to make bullets, armor and other types of weaponry, a move aimed at developing domestic sources for niche materials that Chinese miners have long controlled.
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China's trade surplus tops $1 trillion as its exports surge while imports lag behind

China's trade surplus tops $1 trillion as its exports surge while imports lag behind

China's exports returned to growth in November after an unexpected contraction in October, pushing its trade surplus for 2025 past the $1 trillion mark for the first time
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'Big hopes for Africa': Defence firms scramble for drone market at Egypt arms expo

'Big hopes for Africa': Defence firms scramble for drone market at Egypt arms expo

By Alexander Dziadosz CAIRO, Dec 8 (Reuters) - Quadcopters, electromagnetic rifles and an AI-powered navigation system were among the wares displayed at one of Africa and the Middle East’s biggest arms expos, as defence companies jostle to break into regional markets increasingly defined by drone
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Morning Bid: The final Fed countdown

Morning Bid: The final Fed countdown

By Yoruk Bahceli LONDON, Dec 8 (Reuters) - By Yoruk Bahceli, markets correspondent What matters in U.S. and global markets today The Federal Reserve meeting is fast approaching on Wednesday – and the stakes are high. Rising bets for a December cut seem to have saved equities from AI jitters for now.
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Trump security roadmap omits North Korea reference, raising diplomacy hopes

Trump security roadmap omits North Korea reference, raising diplomacy hopes

By Joyce Lee and Jack Kim SEOUL, Dec 8 (Reuters) - U.S.
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World shares are mixed after Wall Street pulls back from its record heights

World shares are mixed after Wall Street pulls back from its record heights

European markets are mixed and Asian shares retreated after U.S. stocks pulled away from their record heights