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The US and the EU are heading for a rocky period of trade relations that could lead to higher tariffs on goods flowing both ways, the European trade commissioner said.
The UK economy recorded its largest contraction in more than four decades, official figures revealed on Tuesday, as consumers cut spending in the first few days of the coronavirus lockdown.
Manufacturing and services activity in China expanded in June as the economy continued to recover from the coronavirus fallout, according to figures released by the National Bureau of Statistics on Tuesday .
