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The United States has ended a tariff exemption for Chinese goods under $800, impacting e-commerce giants like Shein and Temu. This move, justified by the White House as countering opioid flows, imposes tariffs up to 145% and is part of an escalating trade conflict between the US and China.
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Stocks rose in morning trading on Wall Street Friday following a stronger-than-expected report on the U.S. job market.
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An RBI working group has proposed extending call money market hours to 7 PM and repo/TREPS trading to 4 PM, aiding banks in managing 24x7 liquidity demands efficiently.
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