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The US economy achieved an annualised growth rate of 4.9% in the third quarter of this year, its fastest rate since 2021, the Financial Times reports. The paper says the growth comes despite the fact interest rates remain high and was spurred by higher levels of consumers spending than had been expected.

Financial Times Front Page 27th of November 2024

Amid rising concerns of an economic conflict, Mexico, Canada, and China have warned of potential damage following Trump’s announcement of punitive tariffs, which he argues are necessary for protecting US interests, drawing criticism from international trade partners who describe the move as irresponsible and foresee increased costs in sectors like petrol.

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