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The U.S. retail industry is at risk of bankruptcy and performance continues to be weak.Dollar General and Dollar Tree’s earnings report shows a downward trend, and major retailers such as Macy’s stores are facing transformation pressures, or turn parts of the store into commercial properties or rent back after sale.

The EU’s deforestation law has caused tensions in trade relations with the EU in developing countries such as Ethiopia, with importers facing the challenge of creating digital maps, while raising concerns about food inflation.

The U.S. decision to interfere with Portuguese purchases of Chinese scanning equipment has sparked concerns within Portugal about national sovereignty and economic interests.

India’s GDP has grown faster than expected, but the economy is facing multiple challenges, including labour markets, increased tax burdens and slowing private consumption.

The General Administration of Customs issued new measures to optimize the rapid customs of railways to support the high-quality Belt and Road joint construction, thereby enhancing the development of international rail transport lines, and improving the customs efficiency of imported and exported goods.

The Turkish Ministry of Commerce has issued a new decree that requires all auto companies exporting electric vehicles to Turkey to set up at least 140 authorized service stations in the country, as well as a call center to address the challenge of rising imports of Chinese electric vehicles.