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Trump to tour Fed as war on central bank chief ramps up
Trump to tour Fed as war on central bank chief ramps up
by  AFP

Donald Trump is due to visit the US Federal Reserve Thursday as the president escalates his pressure on its chairman Jerome Powell over the central bank's management of the economy. The Federal Reserve, the world's most important central bank, makes independent monetary policy decisions, and its board members typically serve under both Republican and Democratic presidents.

EU turns up pressure with Trump trade deal 'in reach'
EU turns up pressure with Trump trade deal 'in reach'
by  AFP

With the contours of a hard-fought EU-US trade deal taking shape, the European Union is flexing its muscles in a bid to squeeze concessions from US President Donald Trump in the run-up to his deadline of August 1.

India's Modi and UK PM Starmer ink trade deal
India's Modi and UK PM Starmer ink trade deal
by  AFP

Prime Minister Keir Starmer praised Britain's "unique bonds" with India as he and his Indian counterpart Narendra Modi formally signed a recently announced UK-India trade deal during talks on Thursday. Starmer and Modi announced in May they had struck a free trade agreement that the British government says will eventually add £4.8 billion ($6.5 billion) a year to the UK economy.

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