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US Steel purchase by Japanese steelmaker delayed

Tokyo-based Nippon Steel Corp. said the deal, already approved by U.S. Steel’s shareholders, is still expected to go through. ....

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Op-Ed: To Keep Blazing Trails of Innovation, We Must Renew GSP

Kent Ebersole, president of the Outdoor Industry Association, advocates for the renewal of the Generalized System of Preferences (GSP). ....

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Warren Buffett's Berkshire Hathaway nears $1 trillion valuation; among rarefied list of American businesses | India Business News

India Business News: Warren Buffett's Berkshire Hathaway is inching toward a $1 trillion market value, marking a significant achievement following its second consecutive record annual profit. Find out more about Berkshire Hathaway's performance and Warren Buffett's reassurance to shareholders. ....

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Footwear Leaders Point Out the Irony of Trump Entering the Sneaker Game

During his time in office, the former president introduced burdensome Section 301 tariffs on China that have contributed to soaring footwear prices in the U.S. ....

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After 20 years, China surpassed by Mexico as leading source of US imports

Mexico is now the leading source of goods imported by the U.S., outpacing China for the first time in 20 years. What the figures say: According to data sourced from the U.S. Commerce Department, the value of goods imported from Mexico has reached over $475 billion in 2023 (up 5% from 2022), while Chinese imports plummeted by 20% to $427 billion, reported the Associated Press. In addition to Mexico, American businesses and consumers have sought alternative suppliers for goods in Europe, South Korea, India, Canada and Vietnam. ....

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