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US wine sellers left in limbo despite EU tariff deal
US wine sellers left in limbo despite EU tariff deal
Economy
by  AFP

At a wine shop in Washington's Capitol Hill neighborhood, bottles sourced from Europe are becoming costlier to import -- and soon, pricier for customers to buy, the owner says -- thanks to a resident just down the road in the White House. "Everybody's redoing their price books at this point," said Michael Warner, co-owner of wine boutique DCanter in Washington's Capitol Hill neighborhood.

Under Trump pressure, US Fed chief to walk tightrope in speech
Under Trump pressure, US Fed chief to walk tightrope in speech
Economy
by  AFP

US Federal Reserve chief Jerome Powell is expected to walk a fine line while delivering a closely watched speech at a central banking conference on Friday, as he faces down attacks from President Donald Trump alongside mixed economic data. Powell is due to deliver his final Jackson Hole speech as Fed chair at 10:00 am Eastern Time (1400 GMT) on Friday.