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Amazon’s Prime Day evolves to become must-shop event

Bloomberg Amazon.com Inc.’s fourth annual Prime Day event lured shoppers from around the world, highlighting the promotion’s evolution from a rummage sale of obscure products to 36 hours of discounts on major brands such as Samsonite luggage, Callaway golf clubs and General Mills cereals. It’s a sharp contrast from the first Prime Day in 2015, when customers kvetched on social ...

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Trump ready to slap duties on $500 billion Chinese imports

Bloomberg President Donald Trump said he’s ‘ready to go’ with $500 billion in tariffs on Chinese imports, saying the US has been taken advantage of for too long. “I’m not doing this for politics. I’m doing this to do the right thing for our country,” Trump said in a CNBC interview. “We are being taken advantage of and I don’t ...

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G-20 draft cites growing trade tension, diplomatically

Bloomberg Delegates at the Group of 20 meeting of finance ministers and central bank chiefs began the delicate task of addressing growing trade tensions without upsetting US President Donald Trump. Negotiators drafting the summit’s final statement in Buenos Aires worked on language that would reiterate a positive global economic outlook while highlighting risks, including the escalating dispute over trade, according ...

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