Author: Press Room
President Donald Trump on Friday morning said that an “80% Tariff on China seems right!” adding on Truth Social that the final number would be up to U.S. Treasury Secretary Scott Bessent. An 80% tariff on Chinese goods coming into the U.S. would be nearly half of the current 145% tariff on the Asian country.Minutes earlier, he posted: “CHINA SHOULD OPEN UP ITS MARKET TO USA — WOULD BE SO GOOD FOR THEM!!! CLOSED MARKETS DON’T WORK ANYMORE!!!”It was the first time the president has put out a specific number, after previously suggesting the tariff could be lowered. PIVOTAL TRADE TRADE WITH…
St. Louis has been battered by two tornadoes in the past two months. A fire shut down a new nursing home last month in Enterprise, Ala., forcing residents to evacuate. Cleveland grappled with a power outage while inundated with visitors for the N.C.A.A. women’s basketball Final Four.In each case, local health officials played a key role in containing the fallout, assisting hospitals, finding new homes for displaced residents, and coordinating efforts with fire, police and other city departments.The funding for this work, about $735 million in total, comes from the Centers for Disease Control and Prevention. In President Trump’s proposed…
NEWYou can now listen to Fox News articles! Reacting to the election of a new pope on Thursday afternoon, faith leaders from across the country shared thoughts with Fox News Digital about the choice of Cardinal Robert Prevost, who has taken the name Leo XIV. Jenny Korn, director of the White House’s Faith Office, said, “The White House Faith Office, alongside President [Donald] Trump, are honored that the first American pope was elected to represent 1.5 billion Catholics around the world.”She added, “This is a great honor for our country, and we pray that God will impart wisdom upon Pope Leo…
The season 2 finale of “Tracker” is just days away, and the star of the hit CBS series, Justin Hartley, advises fans to get ready for a shocking, yet satisfying episode on Sunday.”We drop a bomb,” teased Hartley, who plays protagonist Colter Shaw, during an interview with “CBS Mornings” on Friday. Shaw is a lone wolf who uses his survivalist skills to find missing people.Season 2 finale previewThroughout the series, Hartley says viewers have slowly peeled back the layers of Shaw’s complicated family dynamic while working to untangle the mystery behind his father’s death.”We have teased this … what happened…
After resolving the latest round of legal hurdles, a Los Angeles judge has scheduled a hearing for next week to decide whether Lyle and Erik Menendez should be eligible for release after more than three of decades behind bars.The long-awaited resentencing hearing, which had first been scheduled for December and then was repeatedly postponed will now take place over two days, on May 13 and 14, the judge, Michael V. Jesic of Los Angeles Superior Court, said on Friday.Once again, family members of the brothers were arranging to travel to Los Angeles for the proceedings. Others, including people who were…
Extended interview: Bill Gates on AI, Trump’s aid cuts, the closing of his foundation and more – CBS News Watch CBS News In a wide-ranging, exclusive interview with “CBS Mornings” co-host Tony Dokoupil, Bill Gates opens up about the end of his career, the future of artificial intelligence, the eventual closing of his foundation, President Trump and more. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On
An air traffic control facility that guides planes at Newark Liberty International Airport had a brief radar outage on Friday morning, the latest technological disruption at one of the nation’s busiest airports.The outage, which affected communications and radar displays at a facility in Philadelphia, occurred just before 4 a.m. and lasted about 90 seconds, the Federal Aviation Administration said.A similar 90-second outage last week, on a Monday afternoon, upended travel at the airport, leaving controllers unable to communicate with pilots and keep planes from crashing into one another. Several controllers working that afternoon were distressed by that episode and took…
Canada’s job market continues to show signs of weakness, according to the latest report from Statistics Canada, and experts say this shows how much the trade war is negatively impacting our economy, as well as the ability for households to afford the cost of living. This was especially the case in Ontario, which saw tens of thousands of jobs lost and unemployment spike in the province to well above the national average.“The April Labour Force Survey showed the first direct hit from the trade war after several months of anticipation,” says economist Brendon Bernard at Indeed.The overall unemployment rate in…
Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox.The UK has imposed sanctions on key figures it says are involved in the trade of Russian oil as it seeks to increase economic pressure on Moscow amid ongoing negotiations for a peace deal in Ukraine.In what Prime Minister Keir Starmer described as the UK’s “largest ever sanctions package” against oil tankers in Russia’s so-called shadow fleet, the UK also targeted five traders from Azerbaijan, including Etibar Eyyub, Tahir Garayev and Ahmed Kerimov.The decision to sanction the executives represents a significant…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Santander rejected a bid worth about £11bn for its UK retail bank from NatWest earlier this year after the Spanish lender said the offer was too low. The approach by the state-backed British lender, which was being advised by Morgan Stanley and UBS, is no longer live, according to people familiar with the matter. Santander has since raised €7bn from the sale of a large stake in its Polish unit this week, making any sale of its UK unit less likely. The…
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