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On Wednesday, the president also threatened a 100% import tax on foreign-made semiconductors.
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India, which now faces among the highest tariff rates imposed by the US, called the levy "unjustified and unreasonable".
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The EU is aiming to increase its own production of rare earth metals, led by a facility in France.
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The EU is aiming to increase its own production of rare earth metals, led by a facility in France.
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Borrowing costs are forecast to fall to 4%, the lowest since early 2023, despite higher inflation.
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News and Media
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