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US-Japan Tariff Deal: Key Details Unclear Amid Differing Accounts

US-Japan Tariff Deal: Key Details Unclear Amid Differing Accounts

US-Japan Tariff Deal: Key Details Unclear Amid Differing Accounts Significant discrepancies are emerging between Washington and Tokyo regarding the recently announced tariff agreement, casting doubt on key implementation details. A fact sheet released by the White House on Wednesday outlines a baseline 15% tariff rate on imports from Japan, but critically omits a clear start date. This lack of clarity, coupled with differences in how Tokyo has described the deal’s framework—including provisions for Japanese investment in the U.S.—highlights ongoing points…

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BREAKING: Fed Chair Jerome Powell Reportedly Weighing Resignation Amid Mounting Pressure Over $2.5B HQ Renovation

BREAKING: Fed Chair Jerome Powell Reportedly Weighing Resignation Amid Mounting Pressure Over $2.5B HQ Renovation

BREAKING: Fed Chair Jerome Powell Reportedly Weighing Resignation Amid Mounting Pressure Over $2.5B HQ Renovation A senior Trump administration official indicated on Friday that Federal Reserve Chair Jerome Powell is reportedly considering his resignation. This comes amidst intensified calls for an investigation into whether Powell misled Congress regarding the central bank’s lavish $2.5 billion headquarters renovation in Washington, D.C., which critics have dubbed a “Palace of Versailles.” Pressure on Powell has mounted significantly. Bill Pulte, chair of US government-backed mortgage…

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Markets Steady as Investors Absorb Trump’s Latest Tariff Escalation

Markets Steady as Investors Absorb Trump’s Latest Tariff Escalation

Markets Steady as Investors Absorb Trump’s Latest Tariff Escalation Stock futures showed little movement early Wednesday as investors closely monitored the latest developments in President Donald Trump’s tariff policy. This comes after a Tuesday session where traders were on high alert following new updates to the administration’s trade stance. Futures tied to the Dow Jones Industrial Average, S&P 500, and Nasdaq 100 were all marginally lower, reflecting a cautious wait-and-see approach. On Tuesday, the S&P 500 slipped slightly, while the…

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U.S. Tariffs Delayed to August 1 Amidst Widespread Confusion

U.S. Tariffs Delayed to August 1 Amidst Widespread Confusion

U.S. Tariffs Delayed to August 1 Amidst Widespread Confusion The Trump administration today announced a critical delay in new tariffs, pushing their implementation to August 1. The decision, confirmed by President Trump and the U.S. Commerce Secretary, has triggered significant confusion among trade partners and analysts. The administration plans to begin sending formal letters detailing the revised tariff rates to affected nations, a move coming just ahead of the original 90-day deadline set for trade negotiations. This unexpected shift raises…

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