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July 2025: Economic, Political, and Tech News

08 Jul 2025

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These sources comprehensively cover several breaking news stories from July 7, 2025, primarily focusing on economic and market developments. Key themes include new tariffs imposed by President Trump on numerous countries and their impact on global markets, specifically in Asia and the U.S. Additionally, the articles discuss Apple's film "F1" becoming its highest-grossing theatrical release while facing criticism from a Trump advisor regarding manufacturing in China, and Elon Musk's formation of a new political party, which caused a drop in Tesla's stock. Other significant topics are major flooding in Texas, the implications of the U.S. deficit, and changes to Social Security taxes under the "big beautiful bill."

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