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Pakistan to offer US firms concessions on mining investment in tariff talks, says minister

ISLAMABAD (Reuters) -Pakistan plans to offer concessions to U.S. companies to invest in its mining sector as part of negotiations with Washington over tariffs, its commerce minister told Reuters, as Islamabad seeks to capitalize on the Trump administration’s interest in boosting trade with South Asia. Pakistan faces a potential 29% tariff on exports to the United States due to a $3 billion trade surplus with the world's biggest economy, under tariffs announced by Washington last month on countries around the world. Pakistan's Commerce Minister Jam Kamal said that Islamabad will offer U.S. businesses opportunities to invest in mining projects primarily in Pakistan's Balochistan province through joint ventures with local companies, providing concessions like lease grants.

BofA’s Hartnett Says Buy the Dip in Treasuries as Yields Top 5%

(Bloomberg) -- Investors should buy the selloff in long-dated Treasuries as the government is likely to heed warnings from bond vigilantes to bring its debt under control, according to Bank of America Corp.’s Michael Hartnett.Most Read from BloombergNY Private School Pleads for Donors to Stay Open After Declaring BankruptcyCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?NYC’s War on Trash Gets a Glam SquadChicago’s O’Hare Airport Seeks Up to $4.3 Billion of Muni DebtUAE’s AI

Stock Market Ignoring Trump’s Trade War After Wild April Ride

(Bloomberg) -- Stock investors are starting to tune out President Donald Trump’s trade war.Most Read from BloombergNY Private School Pleads for Donors to Stay Open After Declaring BankruptcyCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?NYC’s War on Trash Gets a Glam SquadChicago’s O’Hare Airport Seeks Up to $4.3 Billion of Muni DebtUAE’s AI University Aims to Become Stanford of the GulfAfter frantically pushing share prices higher and lower for weeks on each twist and turn