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China mulls suspending its 125% tariff on some US imports – Bloomberg

Citing sources familiar with the matter, Bloomberg reported on Friday that China is mulling suspending its 125% tariff on some US imports including medical equipment, ethane and plane leasing.

WTI climbs toward $63.00, remains headed for a weekly loss amid oversupply worries

West Texas Intermediate (WTI) Oil price extends its gains for a second straight day, trading around $62.80 during Friday's Asian session.
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Gold price consolidates in a range; bulls have the upper hand while above $3,300

Gold price (XAU/USD) struggles to capitalize on the previous day's move higher and oscillates in a narrow trading band during the Asian session on Friday amid mixed fundamental cues.
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