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The dollar's value increased in early Asian trading. This happened after discussions between the United States and China reduced worries about a trade conflict. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer reached a deal with China to lower the U.S. trade deficit. India and Pakistan also agreed to a ceasefire.
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News and Media
Gold prices experienced a decline on Monday as positive signals emerged from U.S.-China trade discussions, diminishing investor apprehension and consequently reducing the appeal of gold as a safe-haven asset. The U.S. and China indicated progress in trade negotiations, potentially leading to a reduction in the U.S. trade deficit and the establishment of a new economic dialogue forum.
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News and Media
The Trump administration has terminated Shira Perlmutter, the nation's top copyright official, shortly after dismissing Librarian of Congress Carla Hayden. Perlmutter's office recently released a report examining AI's use of copyrighted materials, emphasizing the importance of human creativity in copyright protection. Democrats have criticized Perlmutter's firing as an unprecedented power grab.
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News and Media
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