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U.S. President Donald Trump shattered a six-month trade truce with China, and North Korean leader Kim Jong Un reignited tensions with a fresh round of weapons launches. Elsewhere, South Africans went to the polls and the transition to Germany’s next chancellor remains shrouded in uncertainty. Trump’s China Tariff Hikes Could Cut U.S. Growth in HalfSustained levies of 25 percent would induce a slowdown, undermining the president’s argument that duties are good for the economy.
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