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Trump signs order to lower US tariffs on Japan autos to 15%
Trump signs order to lower US tariffs on Japan autos to 15%
by  AFP

US President Donald Trump signed an order Thursday to lower tariffs on Japanese autos, as Washington moves to implement its trade pact negotiated with Tokyo. The outcome marks a win for Japan, after Tokyo's tariff envoy headed to Washington on Thursday to press Trump to sign the document for the changes -- weeks after both sides announced their agreement.

France detains seven over new cryptocurrency kidnapping
France detains seven over new cryptocurrency kidnapping
by  AFP

French authorities have detained seven people in an investigation into the kidnapping of a young Swiss citizen believed to be the latest abduction targeting the hugely lucrative cryptocurrency world, a source close to the case said on Thursday.

Trump's pick for US Fed governor vows to uphold independence
Trump's pick for US Fed governor vows to uphold independence
by  AFP

Donald Trump's pick to join the Federal Reserve's board of governors pledged Thursday to uphold US central bank independence if confirmed, as the institution faces growing political pressure from the president to slash interest rates. The seven members of the Fed's powerful board of governors sit on the central bank's Federal Open Market Committee, which votes on interest rate decisions. bys/ksb

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