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US imposes trade restrictions on dozens of entities with eye on China
US imposes trade restrictions on dozens of entities with eye on China

The United States added dozens of entities to a trade blacklist Tuesday, its Commerce Department said, in part to disrupt Beijing's artificial intelligence and advanced computing capabilities. Two entities in Iran and China were also added to the list for seeking to procure US items for Iran's defense industry and drone programs, the Commerce Department said.

Lula urges Mercosur-Japan deal to counter Trump protectionism
Lula urges Mercosur-Japan deal to counter Trump protectionism

Brazil's President Luiz Inacio Lula da Silva called Wednesday for a trade deal between South America's Mercosur bloc and Japan to counter growing US protectionism. The Keidanren business federation "urgently" called in November for "expedited efforts" towards a Japan-Mercosur Economic Partnership Agreement (EPA), an accord similar to a free trade deal.