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Binance Word of the Day (WOTD)
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#broccoli
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#TariffsPause TariffsPause" likely refers to a temporary suspension or halt on tariffs, which are taxes imposed on imported or exported goods. Governments may pause tariffs to ease economic pressure, encourage trade, or support specific industries. This could be part of trade negotiations, economic relief measures, or diplomatic efforts. The exact implications depend on the countries and goods involved. Here are a few notable examples of tariff pauses or suspensions: 1. U.S.-China Tariff Pauses (2021-2024) The U.S. paused or reviewed some Trump-era tariffs on Chinese goods under Biden, including exemptions for certain industrial and consumer products. In 2022, the U.S. considered lifting tariffs to curb inflation but kept most in place for strategic reasons. 2. U.S.-EU Tariff Truce (2021 & 2021) 2021: The U.S. and EU agreed to a 5-year suspension of tariffs related to the Boeing-Airbus dispute, easing trade tensions. 2023: Some tariffs were reimposed but later paused again during negotiations. 3. COVID-19 Related Tariff Waivers (2020-2022) Many countries, including the U.S. and EU, temporarily suspended tariffs on medical supplies (masks, ventilators, vaccines) to address pandemic shortages. 4. UK Post-Brexit Tariff Delays (2021-2023) The UK postponed some import tariffs to ease supply chain disruptions after leaving the EU. 5. India’s Temporary Tariff Cuts (2022-2023) India reduced tariffs on key commodities (like edible oils and cotton) to combat inflation.
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#TrumpVsPowell On Thursday, US President Donald Trump called Federal Reserve Chairman Jerome Powell "always TOO LATE AND WRONG" for failing to cut interest rates. Trump has repeatedly urged Powell to cut interest rates, but the US central bank has adopted a wait-and-see attitude, holding rates steady at 4.25 to 4.5 percent since the start of this year. The Republican has frequently criticized the Fed chairman, whom he originally nominated during his first term, accusing Powell of playing politics in his role running the independent central bank. One of the main tools the Fed uses to carry out its twin purpose of controlling unemployment and inflation is setting key interest rates. While raising interest rates, or maintaining them at higher rates, can help control inflation, lowering them makes borrowing more affordable and tends to stimulate the economy by attracting investment. In March, the United States' annual consumer inflation rate dropped to 2.4 percent, approaching the Federal Reserve's long-term two percent target. According to official data, a 6.3 percent decline in fuel prices contributed to that decline.
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Win 1 BNB with Binance pay Win Prize Worth 1 BNB With 0.01 USDT Register and participate with Binance Pay to win the Grand Prize now! Binance $1 Game Explained The Binance $1 Game is a promotional activity on the Binance Pay platform that allows users to participate in a bidding game for a chance to win various prizes, often consisting of cryptocurrency or token vouchers. Participants bid $1 (or the equivalent in other supported currencies) for a chance to win. Here's a breakdown of how the game typically works: How to Participate: Eligibility: Users need a verified Binance account and may need to complete a quiz on the $1 Game homepage. Access the Game: Through the Binance app, usually found in the "Pay" section or within Binance Pay's Red Packet campaigns. Place a Bid: By tapping "Play Now" and paying the indicated bid amount (usually $1) from their Funding Wallet. This usually grants one ticket to the draw. Earn Extra Tickets: Users can increase their chances of winning by inviting friends to register and participate in the $1 Game. The number of extra tickets awarded depends on whether the invitee is a new Binance user (3 tickets), a new Binance Pay user (2 tickets), or an existing Binance Pay user (1 ticket). A maximum of 30 tickets can be earned per round.
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