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ECB trims rates: Cuts benchmark rates by 25 bps amid Trump tariff risks; growth path now hinges on trade talks

IndiaTimes Thursday, 5 June 2025
The European Central Bank has lowered its key interest rate to 2% amidst growing concerns over US trade policies and a slowing eurozone economy. This decision, the eighth consecutive rate cut, aims to protect against potential fallout from trade tensions and weak domestic demand.
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News video: Trump’s London Gamble: US, UK Take on China in Explosive Trade Showdown - $582B Hangs in Balance

Trump’s London Gamble: US, UK Take on China in Explosive Trade Showdown - $582B Hangs in Balance 03:26

 Tensions are boiling over as top U.S. officials land in London for a high-stakes trade showdown with global consequences. U.S President Donald Trump announces urgent talks with U.K. leaders amid escalating clashes with China over semiconductors, student visas, and stalled rare earth exports. With...

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