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On April 26, according to the Wall Street Journal, in order to simplify the negotiations on reciprocal tariffs, US negotiating officials plan to use a new framework developed by the Office of the United States Trade Representative (USTR), which lists major categories of negotiations, such as tariffs and quotas, non-tariff trade barriers, digital trade, product origin principles, economic security and other commercial issues. In these categories, US officials will put forward specific requirements for individual countries, but people familiar with the matter emphasized that this document may also be adjusted at any time. People familiar with the matter said that the United States initial plan is to negotiate with 18 major trading partners in turn over the next two months. The initial plan is to alternately participate in the talks with six countries per week for three weeks (six countries in the first week, another six countries in the second week, and another six countries in the third week) until the deadline of July 8. If US President Trump does not extend the 90-day suspension period he set by then, those countries that cannot reach an agreement will begin to face reciprocal tariffs.On April 26, after the United States announced additional tariffs on goods from many countries, Peruvian business people expressed concerns that the US governments extreme measures would disrupt the global trade order and may even trigger a global economic recession. Alvaro Barrenechea Chavez, vice president of the Peruvian-Chinese Chamber of Commerce, said that the negative impact of the US tariff policy has begun to emerge and hoped that the US government would rethink. Recognizing the importance of countries working together to promote development, I think this is the best way to become a true "world citizen."Market news: Musks xAI company plans to raise about US$20 billion in a financing round.Conflict situation: 1. Ukrainian top commander: Russia tried to use air strikes as a cover to increase ground attacks, but was repelled by Ukraine. 2. Ukrainian Air Force: Russia launched more than 103 drones in the night attack on Ukraine. 3. Local officials said Ukraine launched an attack in the Belgorod region of Russia, killing two people. 4. The local governor said that Russia launched an attack on the Dnipropetrovsk region of Ukraine, killing one person and injuring eight people. Peace talks: 1. Trump: ① The situation between Russia and Ukraine is gradually becoming clear, and they are "very close" to reaching an agreement. ② Ukraine is unlikely to join NATO. ③ Ukraine has not yet signed the rare earth agreement and hopes that the agreement can be signed immediately. ④ It is foreseeable that the United States will conduct commercial cooperation with Ukraine and Russia after reaching an agreement. 2. Russian Foreign Minister: Russia is "ready to reach an agreement on Ukraine." 3. Russian Presidential Assistant Ushakov: Russia and the United States will continue to maintain active dialogue. 4. Russian Presidential Assistant: Putin discussed the possibility of resuming direct negotiations between Russia and Ukraine with the US envoy. 5. The differences between the United States, Europe and Ukraine are clear. The documents show that European countries and Ukraine have raised objections to some of the US proposals to end the Russia-Ukraine conflict. 6. Market news: As part of the peace agreement, the United States asked Russian President Putin to abandon the demilitarization requirement. Other situations: 1. President of Hungarys OTP Bank: We hope to return to all business areas in Russia after the (Russia-Ukraine) conflict ends. 2. Ukrainian President Zelensky: US ground forces are not necessary for Ukraine. 3. Trump said Crimea will remain in Russia, Zelensky: Never recognize it. Agreeing with Trumps view, Crimea cannot be recovered by force. 4. NATO Secretary-General Rutte met with Trump and senior US officials to discuss defense spending, NATO summit, and the Ukrainian conflict.Rising global trade risks, overall policy uncertainty and the sustainability of U.S. debt top the list of potential risks to the U.S. financial system, according to the Federal Reserves latest financial stability report released on Friday. This is the first time the Fed has conducted a semi-annual survey on financial risks since Trump returned to the White House. 73% of respondents said that global trade risks are their biggest concern, more than double the proportion reported in November. Half of the respondents believe that overall policy uncertainty is the most worrying issue, an increase from the same period last year. The survey also found that issues related to recent market turmoil have received more attention, with 27% of respondents worried about the functioning of the U.S. Treasury market, up from 17% last fall. Foreign withdrawals from U.S. assets and the value of the dollar have also risen on the list of concerns.

UPS, The World's Largest Courier Company Intends to Enter The Metaverse

Skylar Shaw

Apr 13, 2022 10:01

United Parcel Service (UPS) has applied for many Metaverse and NFT-related trademarks.


The Metaverse filings by UPS will serve as a model for other shipping and logistics companies to follow.


At this point, the metaverse has simply become a marketing tool for all brands and businesses.


The United Parcel Service (UPS) is planning to launch a Metaverse presence, according to NFT trademark attorney Michael Kondoudis of Washington, DC. The move will expand the company's global reach, as well as its virtual reach.

Parcels in the Metaverse

The trademark registrations include everything from fundamental NFT and Metaverse items to the creation of a new shipping and delivery network. Despite the fact that just six files have been found, they contain products and services such as NFTs and Crypto-collectibles.


  • Multimedia with NFT support.

  • Shipping and delivery for online retailers.

  • Virtual apparel, parcels, automobiles, aircraft, and sports artifacts are all available.

  • Digital products and NFT-backed media marketplaces.

  • Virtual items are sold at retail outlets.


The 114-year-old corporation, according to Kondoudis, is taking these efforts to defend its "UPS" brand, which is why these filings are so valuable. Thus, the corporation was prepared to dominate the virtual economy and become a dominant player in this field via these filings. "We anticipate the number of trademark registrations for NFT and virtual goods and services from the shipping, logistics, and package delivery sector to rise in the coming 12 months as businesses recognize the need for protection in the Metaverse," he said.


This is the latest trend, and it's attracting businesses all around the world to embrace it or risk becoming obsolete.

The Metaverse Dillemma

More firms than one would think have submitted Metaverse trademark applications in the past several weeks, and these companies aren't restricted to a single industry.


Brands ranging from fashion to technology to music to fast food have been keen to register their trademarks in the Metaverse so that they can establish their presence when the time comes.


KFC, Pizza Hut, and Taco Bell also entered the Metaverse last month, following identical ideas. McDonald's had done the same thing the month before.


The New York Stock Exchange and Victoria's Secret both revealed their plans by registering for identical trademarks around the same time. And it was just yesterday.


Finding a pattern in these documents is therefore futile. The only thing motivating these moves is the desire to establish their companies' presence in the rapidly evolving virtual world.


The Metaverse buzz is rising by the day, and businesses are using it as a marketing tactic, but because the space is still in its early phases, it's impossible to say if it'll be a long-term success.