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As Trump pushes for a fair trade deal with the EU, the looming 50% tariffs highlight the urgency to address the trade imbalance and secure market access.
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A court ruling invalidating President Trump's sweeping tariffs was halted hours later, throwing into question the administration's overall approach to trade.
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Judge Contreras sides with a toy company, halting Trump's tariffs under IEEPA, as the administration considers an appeal, affecting trade and businesses.
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