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No fair trade, says US to China

In an attempt to reduce its hefty trade deficit with China, the US filed complaints with the WTO to pressure China to crack down on pirated goods and loosen import restrictions, allowing American products greater accessibility in its markets.

- CN

Nice shoes. Pumagucci?

In the most recent marriage between couture and cost-effectiveness, PPR — the luxe company behind Gucci — bid billions this week for Puma, in order to expand into the casual-sportswear market. No word on whether a dreaded stiletto-sneaker design is forthcoming.

- CB