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The U.S. March unadjusted CPI year-over-year dropped to 2.4%, down from 2.8% last month and below the 2.6% market expectation. While this signals cooling inflation, the market reaction has been muted.
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Event Time: April 11, 6:00 AM - April 12, 6:00 AM UTC
⚠️ Notes: Plagiarism is prohibi
The British Prime Minister is prepared to make significant concessions to cancel or drop the 10% tariff imposed by Trump on the UK.
On April 5, Jin10 cited The Washington Post, stating that if the shockwaves from the Trump administration's tariffs worldwide mark the beginning of a competition to reach a trade agreement with the U.S., then British Prime Minister Starmer believes he can win. Officials believe that reaching a trade agreement with Trump to cancel or drop the 10% tariff he imposed on the UK is within reach, possibly in just a few weeks. Despite some critics accusing him of "kowtowing to Trump," Starmer is prepared to make significant concessions to reach an agreement. Two sources revealed that the UK has proposed reducing tariffs on imports of U.S. beef and fish. The Starmer government is ready to offer a larger reward: lowering taxes paid by major U.S. tech companies in the UK. Britain hopes these concessions will put them in a favorable position among dozens of countries eager to reach new agreements with Washington. "Every country is calling us," Trump said. "Now they are willing to do anything for us."