US Treasury Secretary Scott Bessent said Friday that he would likely meet Chinese Vice Premier He Lifeng next week to prepare for high-stakes talks between the presidents of the world's two biggest economies.
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Fed's Musalem Says Could Back October Cut
A senior member of the US Federal Reserve Friday indicated he could back another interest rate cut later this month, while urging a meeting-by-meeting approach going forward.
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Tariff Fallout: Trump's Protectionism Costs Mount
Protectionism jams everyday commerce. No product is too small. Italian pasta makers warn that Trump's new duties, some nearing 92%, could double the price of a $4 box of rigatoni. Italian newspapers have dubbed it "Trump's war against pasta."
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How Trump Is Breaking the Left's Dominance
Donald Trump is the master of memes - and of the media. No modern political figure understands better how to energize the long-humiliated conservative-patriotic soul that has been crushed for decades by a left-liberal media zeitgeist.
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Bessent Urges IMF, World Bank: Take Tougher Line on China
U.S. Treasury Secretary Scott Bessent Friday gave specific marching orders for the International Monetary Fund and World Bank to take tougher stances on China's state-driven economic practices as part of his push to get the global lenders to refocus on their core...
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WTO Chief Urges US, China to De-escalate Trade War
The head of the World Trade Organization said she is urging the U.S. and China to de-escalate trade tensions, warning that a decoupling by the world's two largest economies could reduce global economic output by 7% over the longer term.
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