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Trade tariffsin Financial Markets
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US tariffs reshape trade, slashing clothing imports from China to a 22-year low while creating market uncertainty. Meanwhile, the Nasdaq nears record highs despite Trump's new tariff threats, highlighting economic contrasts.

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'Fortress Russia' has seized $50 billion in assets over 3 years, research shows
negativeFinancial Markets
New research reveals that Russia has confiscated around $50 billion in assets—from businesses to private property—over the past three years, tightening its economic grip under the guise of "Fortress Russia." The crackdown targets both foreign and domestic entities, often under opaque legal justifications.
Editor’s Note: This isn’t just about money—it’s a sign of how Russia is hardening its economy against Western pressure while squeezing critics and outsiders. For businesses still operating there, it’s a stark warning: the rules can change overnight, and the Kremlin isn’t playing nice. Globally, it adds fuel to debates over how to handle frozen Russian assets abroad.

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