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China said it hopes to implement reciprocal tariff reductions with the United States at an early date, as negotiators work on cuts covering $30 billion of goods from each side. The report says the talks are tied to the planned Sept. 24 Trump-Xi summit in Washington.
Lululemon reported second-quarter revenue of $2.4 billion, down 4% year over year, and lowered full-year revenue guidance to $10.35 billion-$10.5 billion, citing softer sales trends and inconsistent product launch performance.