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Jaber to Arabs: Lebanon to become state of law

Finance Minister Yassine Jaber on Wednesday thanked Speaker Nabih Berri for backing his nomination to the post and President Joseph Aoun and PM Nawaf Salam for their “confidence.”

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Japan asks US to exclude it from 25% steel and aluminum tariffs

Japan 's government said Wednesday it asked the U.S. to exclude it from 25% steel and aluminum tariffs, a change from duty-free quotas that Tokyo was given previously.

Japan made the request through its embassy in Washington after U.S. President Donald Trump removed the exceptions and exemptions from his 2018 tariffs on steel imports to a minimum of 25%, while hiking aluminum tariffs to 25% from 10%.

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Trump readies matching tariffs on trade partners, setting up major economic showdown

President Donald Trump is taking additional action to upset the world trade system, with plans to sign an order as soon as Wednesday that would require that U.S. tariffs on imports match the tax rates charged by other countries.

"It's time to be reciprocal," Trump told reporters earlier this week. "You'll be hearing that word a lot. Reciprocal. If they charge us, we charge them."

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Forget saving the planet, clean energy interests sharpen a different message

Saving the planet is so 2024. Clean energy leaders across the globe are now tailoring their messages to emphasize the greener side of green: wealth-building. It's an idea that sells far better in the new world of nationalism and tycoon leaders.

Messaging from the U.S. renewable energy industry and the United Nations on climate change has typically focused on the urgent need to cut greenhouse gas emissions for the sake of environmental and human health. To bolster the argument, they cite record-shattering heat around the world, the frequent climate disasters costing billions of dollars and the human toll of it all.

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Trump once again slaps taxes on foreign steel and aluminum

President Donald Trump is hitting foreign steel and aluminum with a 25% tax. If that sounds familiar, it's because he did pretty much the same thing during his first term.

Trump's original metals tariffs gave America's struggling steel and aluminum producers some relief from intense global competition, allowing them to charge higher prices. In anticipation of the new tariffs, shares of steel and aluminum producers climbed Monday. Nucor rose 5.6%, Cleveland-Cliffs jumped 17.9% and Alcoa ticked up 2.2%.

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EU vows countermeasures to US tariffs

U.S. tariffs on steel and aluminum "will not go unanswered," European Union chief Ursula von der Leyen vowed on Tuesday, adding that they will trigger tough countermeasures from the 27-nation bloc. It means iconic U.S. industries like bourbon, jeans and motorcycles should beware.

"The EU will act to safeguard its economic interests," von der Leyen said in a statement in reaction to U.S. President Donald Trump's imposition of tariffs on steel and aluminum the previous day.

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Ukraine offers rare earth deal to Trump for more US military aid

Ukraine has offered to strike a deal with U.S. President Donald Trump for continued American military aid in exchange for developing Ukraine's mineral industry, which could provide a valuable source of the rare earth elements that are essential for many kinds of technology.

Trump said that he wanted such a deal earlier this month, and it was initially proposed last fall by Ukrainian President Volodymyr Zelensky as part of his plan to strengthen Kyiv's hand in future negotiations with Moscow.

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Iran loosens import restrictions on foreign cars and iPhones

All architecture student Amirhossein Azizi wanted for his 19th birthday was the latest iPhone — and for Iran's cash-strapped theocracy, it was just the gift they needed as well.

Just buying a top-of-the-line iPhone 16 Pro Max in Iran's capital cost him on the day 1.6 billion rials ($1,880). An additional 450 million rials ($530) is required for import fees and registration on government-managed mobile phone networks.

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Baltic nations count final hours to ending electricity ties to Russia

Nearly 3 1/2 decades after leaving the Soviet Union, the Baltic countries of Estonia, Latvia and Lithuania this weekend will flip a switch to end electricity-grid connections to neighboring Russia and Belarus — and turn to their European Union allies.

The severing of electricity ties to oil- and gas-rich Russia is steeped in geopolitical and symbolic significance. Work toward it sped up after Russian President Vladimir Putin ordered his troops to invade Ukraine three years ago, battering Moscow's EU relations.

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Mexican border cities in limbo as tariff threats spark fears of recession

As soon as the sun glints over miles of border fence dividing the United States and Mexico, the engines of cargo trucks packed with auto and computer parts roar to life along border bridges and bleary-eyed workers file into factories to assemble a multitude of products geared toward the U.S. market.

For more than half a century, this daily rhythm has helped fuel the heartbeat of a transnational machine that generated more than $800 billion in trade between the U.S. and Mexico in 2024 alone.

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