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Kraken Seeks $500 Million Funding at $15 Billion Valuation, The Information Reports

GLOBAL, JUL 30 – The Astra CEO challenges industry norms by pushing for fairer global drug pricing to improve market access and affordability, emphasizing alignment over regional price disparities.

  • In Stockholm, U.S. Treasury Secretary Scott Bessent warned Chinese officials that legislation could trigger 500% tariffs on sanctioned Russian oil purchases during two days of talks.
  • Backed by a May deal, U.S. and China reduced tariffs, with the U.S. cutting from 145% to 30% and China lowering from 125% to 10%.
  • Data show a $295.4 billion deficit in 2024, with U.S. goods trade reaching $582.4 billion and imports from China totaling $438.9 billion.
  • Greer told reporters that President Trump will decide whether to extend the tariff pause, warning of a 34% increase if no deal is reached by August 12, 2025.
  • In recent weeks, officials warned that failed talks could lead to higher tariffs, supporting President Trump’s goal to restore manufacturing jobs and reduce debt.
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regionalmedianews.com broke the news in on Tuesday, July 29, 2025.
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