Fed Says Tariff Concerns Cloud Otherwise Solid U.S. Outlook

Gold Silver Reports (GSR) – Fed Says Tariff Concerns Cloud Otherwise Solid U.S. Outlook — New tariffs and concerns “Outlooks remained positive, but contacts in various sectors including manufacturing, agriculture and transportation expressed concern about the newly imposed and/or proposed tariffs,” the Fed said in its Beige Book report released Wednesday in Washington. That concern was later echoed by New York Fed President William Dudley, who told an audience in the Bronx that a tariff war would be a “terrible outcome” which the U.S. couldn’t win.

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China, Japan Vow Cooperation to Get North Korea to Quit Nukes

Gold Silver Reports (GSR) – China, Japan Vow Cooperation to Get North Korea to Quit Nukes — “To get North Korea to abandon its nuclear weapons and missiles in a complete, irreversible and verifiable way, we agreed we must enforce the relevant Security Council resolutions and work closely together,” Japanese Foreign Minister Taro Kono told reporters Sunday in Tokyo after a meeting with Chinese counterpart Wang Yi.

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