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PDB Situation Report | May 3rd, 2025: Economic Pain in Beijing & U.S.–Iran Negotiation Breakdown

The President's Daily Brief

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Navigating Trade and Diplomacy

This chapter examines the potential framework agreements with major Asian economies, particularly Japan and South Korea, and the consequences for U.S.-China relations. The discussion highlights the complexities of tariff negotiations and the impact on consumer goods in the U.S. while reflecting on governmental dynamics and concerns surrounding Iran's nuclear negotiations and internal stability.

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