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Claim Your Share: Navigating the $500-Million Bread Price-Fixing Settlement

  Canadians who purchased packaged bread between January 1, 2001, and December 31, 2021 , may be eligible for compensation from a $500-million class-action settlement . This lawsuit accused major grocery chains, including Loblaw Companies Ltd. and George Weston Ltd. , of participating in a price-fixing scheme that artificially inflated bread prices. Who Can Apply? Eligible claimants include individuals and businesses that bought packaged bread in Canada during the specified period. The settlement covers most packaged bread products , but excludes fresh in-store baked goods, artisan loaves, and frozen bread. How to File a Claim Once the settlement process is finalized, an online claims porta l will be available for submissions. Claimants will need to provide details about their bread purchases, though proof of purchase is not required for claims up to $25 . Those who previously received a $25 Loblaw gift card  in 2018–2019 can still apply, but the gift card amount will be deduc...
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Trade Tensions Ease as China Signals Openness to Dialogue


China has expressed its willingness to engage in trade talks with the United States, following President Donald Trump's indication that tariffs on Chinese goods could be significantly reduced. The announcement comes amidst escalating trade tensions, with tariffs reaching as high as 145% on Chinese imports. Beijing, which has imposed counter-tariffs of 125% on U.S. goods, reiterated its stance that trade wars have no winners and emphasized the importance of mutual respect in negotiations.

President Trump acknowledged the high tariff levels and hinted at substantial reductions, stating that while tariffs won't return to zero, they will be lowered significantly. This shift in tone has brought cautious optimism to global markets, which have been rattled by the ongoing trade conflict. Both sides appear to be signaling a willingness to de-escalate, though formal negotiations have yet to begin. 

The developments mark a potential turning point in the trade war, offering hope for a resolution that could stabilize global economic relations.

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