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๐จ BREAKING NEWS ๐จ ๐ฅ Massive Explosion at Chemical Plant in China ๐ฅ ๐ Location: Gaomi Youdao Chemical Plant, Weifang, Shandong Province, China ๐ Time: Around noon, May 27, 2025 โ๏ธCasualties: โ ๏ธ 5 Dead ๐ค 19 Injured โ 6 Missing ๐ฅ The explosion shattered windows over 3 km away and shook homes in the area. Thick black and orange smoke filled the sky. ๐ Over 230 firefighters and 55 emergency vehicles were deployed to control the fire. ๐ญ The plant manufactures pesticides and medical chemicals and employs 500+ workers. ๐ Authorities are still investigating the cause of the explosion. ๐ This incident adds to growing concerns about industrial safety in China, with over 21,800 incidents and 19,600 deaths reported in 2024 alone. ๐ฏ๏ธ Thoughts and prayers for the victims and their families. #ChinaExplosion #ShandongBlast #ChemicalPlant #BreakingNews #Weifang #IndustrialAccident #NewsUpdate$XRP
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#TradeWarEases US-China Trade Agreement Summary Tariff Cuts: The U.S. will reduce tariffs on Chinese goods from 145% to 30%, while China will cut tariffs on U.S. goods from 125% to 10%. (Financial Times) New Dialogue Mechanism: Both countries will create an economic dialogue platform to support cooperation and tackle structural issues. (Reuters) Market Response: Markets reacted positivelyโS&P 500 futures rose 2.8%, the dollar gained 0.7%, and gold prices fell 2.3%. (Financial Times) Background: The deal follows months of rising trade tensions, with both sides imposing steep tariffs earlier in 2025
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