A full brief of a news bullentin

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Headline: "Breaking News: Global Economy in Crisis as Trade Wars Escalate"

Summary: The global economy is facing a major crisis as trade wars between the world's largest economies continue to escalate. The United States, China, and the European Union have all imposed tariffs on each other's goods, leading to a sharp decline in international trade and a surge in prices.

Main Story:

The latest developments in the trade war came yesterday when the United States imposed a 25% tariff on $200 billion worth of Chinese goods, including electronics and machinery. China responded by imposing its own tariffs on $60 billion worth of US goods, including soybeans and aircraft.

The European Union has also imposed tariffs on $3.2 billion worth of US goods, including whiskey and motorcycles, in response to US tariffs on EU steel and aluminum.

The trade war has already had a significant impact on the global economy, with many countries experiencing a decline in trade and a surge in prices. The International Monetary Fund has warned that the trade war could lead to a global recession if it continues to escalate.

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