US Economy Grows 2.8% Amid Trade Deficit Reduction and Tariff Concerns

#Airport Security#US Economy#Inflation#Trade Tariffs#Tariffs#US Stocks#Local US News

972+ Words Refined into 7 Facts by AI • 3 sources • 1d ago

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The US economy's 2.8% growth outpaced European economies in Q3.
US trade deficit decreased to $99.1 billion in October.
PCE price index rose by 2.3% year-on-year, matching August's figure.
Trump's proposed 25% tariffs on Canada and Mexico raised inflation concerns.
Economists warn Trump's tariffs could raise inflation to 3.7% in 2025.
European markets fell as investors reacted to Trump's trade announcements.
Luton MPs condemned Stellantis's decision, risking 1,100 jobs.

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348+ Words Refined into 3 Facts by AI • 2 sources • 23h ago

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390+ Words Refined into 3 Facts by AI • 1 source • 0m ago

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European stock markets reacted negatively; FTSE 100 slightly up by 0.1%
Germany's DAX and France's CAC fell by 0.4% and 0.8%
The Russian rouble hit its lowest level since March 2022, dropping over 7.3% to 113 roubles to the dollar

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