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Oracle Earnings, EU China Tariffs

Bloomberg Intelligence

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Impact of Political Developments on Markets and Trade Tensions with China

The chapter delves into the consequences of a leader's declining popularity and possible right-wing political shift in France, focusing on rising debt, deficits, and credit concerns. It also examines the European Union's decision to impose tariffs on electric cars from China, affecting trade dynamics and EV market competition between Chinese and European manufacturers. Lastly, it discusses the challenges faced by European electric vehicle manufacturers in price competitiveness and the upcoming conversation on rising power demand.

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