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As Trump moves to tax small parcels, some retailers give up on US
US tariff exemption for low-value items from China ends Friday Ecommerce goods from China face jump to 145% tariffsSome online retailers stop serving U.S. over tariffsShein seeks to reassure shoppers in Instagram postBy Helen Reid LONDON, May 2 (Reuters) - As the United States ends a tariff exemp...Reuters
Fri, May 2
WRAPUP 1-Tariff-induced uncertainty seen curbing US job growth in April
Nonfarm payrolls forecast increasing 130,000 in AprilUnemployment rate expected to hold steady at 4.2%Average hourly earnings seen rising 0.3%; up 3.9% year-on-yearAverage workweek likely held steady at 34.2 hoursBy Lucia Mutikani WASHINGTON, May 2 (Reuters) - U.S. job growth likely slowed in Apr...Reuters
Fri, May 2
China 'evaluating' US offer to negotiate tariffs; Beijing's door is 'open'
BEIJING, May 2 (Reuters) - Beijing is "evaluating" an offer from Washington to hold talks over U.S. President Donald Trump's crippling tariffs, China's Commerce Ministry said on Friday, signalling a potential de-escalation in the trade war that has roiled global markets.The United St...Reuters
Fri, May 2
Japanese Yen adds to dovish BoJ-inspired losses; hits multi-week low against USD
The Japanese Yen (JPY) continues to be undermined by the Bank of Japan's (BoJ) dovish pause the previous day and drops to over a three-week low against its American counterpart during the Asian session on Friday.
Fxstreet
Fri, May 2
Australian Dollar holds ground despite a weaker-than-expected Retail Sales MoM
The Australian Dollar (AUD) is rebounding modestly against the US Dollar (USD) on Friday, retracing some of the previous session’s losses. However, the AUD/USD pair remains vulnerable as falling metal prices weigh on sentiment.
Fxstreet
Fri, May 2
Australia’s Retail Sales rise 0.3 % MoM in March vs. 0.4% expected
Australia’s Retail Sales, a measure of the country’s consumer spending, rose 0.3% MoM in March, compared to an increase of 0.2% in February, the official data published by the Australian Bureau of Statistics (ABS) showed on Friday.Fxstreet
Fri, May 2
US Secretary of State Rubio says Ukraine and Russia positions are still a little far apart
US Secretary of State Marco Rubio said on Friday that Ukraine and Russia's positions are still a little far apart, adding that it's going to take a breakthrough soon in Ukraine to make this possible. However, US President Donald Trump has to decide how much time to dedicate to this.Fxstreet
Fri, May 2
