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- US, China Gear Up For High-Stakes Meeting In London
U S and Chinese delegations have arrived in the U K for talks aimed at patching up a fraying truce in an ongoing trade war between the world's two biggest economies The US team leby The U S team led by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and U S Trade Representative Jamieson Greer are due to meet with a Chinese delegation led by Vice Premier He Lifeng in
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- PPI Shows Companies Eating Tariff Costs, Bloomberg Finds
But while that is bad news for companies, it is good news for consumers As Bloomberg further explains, the fact that core goods continue to be a source of disinflation in consumer prices but a source of persistent inflation in producer prices hints at pressure on corporate margins That can also be gleaned simply from the fact that PPI is running higher than CPI, just as we highlighted earlier
- U. S. , China Reach Agreement To Lower Tariffs In 90-Day Cool-Off Period
Here's a summary of the U S actions: The United States will remove the additional tariffs it imposed on China on April 8 and April 9, 2025, but will retain all duties imposed on China prior to April 2, 2025, including Section 301 tariffs, Section 232 tariffs, tariffs imposed in response to the fentanyl national emergency invoked pursuant to the International Emergency Economic Powers Act, and
- Tether Buys $459 Million In Crypto, Launches New Bitcoin Treasury . . .
Cantor Equity Partners, Inc revealed in a new filing with the SEC yesterday that Tether bought 4,812 2 Bitcoin for a total of $458 7 million on behalf of Jack Mallers’ recently launched Bitcoin treasury company, Twenty One Capital, which plans to eventually go public under the ticker XXI “Pursuant to the Business Combination Agreement, Tether agreed that within ten (10) business days
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