US GDP rose 3.8% in the second quarter compared to the same period in 2024, higher than the previous estimate of 3.3%, according to the Bureau of Economic Analysis (BEA) of the Department of Commerce.
The Trump administration is continuing trade negotiations with other countries despite a court ruling that many of the president's tariffs are unlawful.
From garment factories to shrimp processing plants, hundreds of thousands of Indian workers face potential unemployment as President Trump's tariffs hit.
With over 5 and 10 billion USD in exports to the US in the first 7 months, the wood and textile industries remain promising despite tariff pressures, according to experts.
To appease Trump, Asian partners pledge to increase purchases of US corn, soybeans, and wheat, paving the way for American agricultural products to regain their market share.