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Trump’s tariffs will make poverty worse

President Donald Trump warned of the “transition cost” from his tariff policies, as Wall Street stocks fell again over the worsening trade war with China.Editor’s note, August 7, 10:30 am ET: On August 7, Trump’s tariffs went into effect for…

Interest rates cut to 4% as UK inflation rises

UK interest rates have been cut to their lowest since March 2023 despite the Bank of England's forecasts of a sharp rise in inflation due to rising food prices. The central bank decided to cut interest rates to 4% from…