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Tariffs Whiplash: Latest Developments, GDP Breakdown + Nvidia Earnings Takeaways 5/29/25

Squawk on the Street

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Funding Cuts, Diplomatic Updates, and Natural Disasters

This chapter examines the White House's proposed permanent cuts to critical funding areas like USAID, PBS, and NPR, and the ongoing debates about their effectiveness in deficit reduction. It also provides updates on significant events, including diplomatic actions in Syria, Qatar's extravagant gift, and a natural disaster in Switzerland.

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