Russia did influence 2016 election in Trump's favor: Michael Isikoff
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Yahoo
5 minutes ago
- Yahoo
As Senate race heats up, political expert cautions candidates about going too far to the right
There is still more than a year from the 2026 midterm election, but in battleground Georgia the race for Senate is heating up. U.S. Rep. Mike Collins officially announced on Monday that he is running for Senate, as Georgia Insurance Commissioner John King just last week announced he was suspending his campaign in the race. Collins now joins fellow Republican U.S. Rep. Buddy Carter in the race to unseat Democratic incumbent Sen. Jon Ossoff. 'So, in these primaries, you tend to have to go pretty far to the right,' University of North Georgia political science professor Nathan Price told Channel 2's Richard Elliot. Both Collins and Carter are trying to court the GOP base as both men hope to get President Trump's endorsement. Price isn't surprised that both men are racing to the right. RELATED STORIES: Insurance Commissioner John King suspends campaign for U.S. Senate Gov. Kemp announces decision on Senate run in 2026, ending speculation With Brian Kemp not running for Senate, which Georgia Republicans could challenge Jon Ossoff? He thinks it's necessary to win the GOP primary but cautions that going too far right could turn off moderate voters in places like Cobb and North Fulton counties, places where voters like Republican Gov. Brian Kemp but don't much care for Trump. 'If you move too far to the right where you are not able to win those highly educated, suburban voters in those swing states, it makes the math very difficult,' Price said. Kemp reportedly told the Republican Senate campaigns he wouldn't endorse any of them, something that may have led to King's exit from the race last week. Kemp reportedly plans to endorse his longtime family friend Derek Dooley once Dooley decides if he wants to run. Either way, the Republicans could be in for a messy and expensive primary - something they wanted to avoid. 'The Republicans to have a good shot at this seat want to avoid a messy primary fight that causes them to spend a lot of resources before they even get their chance at that general election,' Price said. Elliot reached out to people close to Dooley to see if he could get a hint of when and if he may make a decision to run. So far, he hasn't heard back from them.
Yahoo
5 minutes ago
- Yahoo
Jobs data: Why this expert expects a weakening labor market
The labor market is in focus as investors are set to get fresh jobs data throughout the week. The Burning Glass Institute director of economic research, Guy Berger, joins Market Domination Overtime to discuss how several policies coming out of the Trump administration are putting pressure on the labor market, including immigration changes and tariffs. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
Boston Globe
6 minutes ago
- Boston Globe
US-China tariff talks may provide clues on a possible Trump-Xi meeting
Analysts say the talks could set the stage for a possible meeting between President Other issues on the agenda include access of American businesses to the Chinese market; Chinese investment in the United States; components of fentanyl made in China that reach US consumers; Chinese purchases of Russian and Iranian oil; and American steps to limit exports of Western technology — like chips that help power artificial intelligence systems. Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up The talks ended for the day after nearly five hours on Monday, and were set to reconvene on Tuesday morning. Advertisement Wendy Cutler, a former US trade negotiator and now vice president at the Asia Society Policy Institute, said that Trump's team would face challenges from 'a large and confident partner that is more than willing to retaliate against US interests.' Rollover of tariff rates 'should be the easy part,' she said, warning that Beijing has learned lessons since the first Trump administration and 'will not buy into a one-sided deal this time around.' Advertisement 'Beijing is more prepared and will insist on movement on US tech export controls at a minimum — a difficult ask for Washington,' she said, adding that many conversations will take place in the lead-up to any Xi-Trump summit. 'Success is far from guaranteed,' Cutler said. 'There are numerous trip wires that can throw a wrench in this preparatory process.' The US-China trade talks are the third this year, nearly four months after Trump upended global trade with his The Stockholm meeting, following similar talks in Geneva and London, is set to extend a 90-day pause on those tariffs. During the hiatus, US tariffs have been lowered to 30 percent on Chinese goods, and China set a 10 percent tariff on US products. The Trump administration, which just completed a China's Commerce Ministry said last week that the 'consultations' would raise shared concerns through the principles of 'mutual respect, peaceful coexistence and win-win cooperation.' The talks with Beijing are part of a flurry of US trade negotiations set off by Trump's arm-twisting 'Liberation Day' tariffs against Without an extension by Aug. 12, the tit-for-tat US-China tariffs could snap back to the triple-digit levels seen before the 90-day pause reached in Geneva. Many other countries — including some developing ones that depend on exports to the United States — face a deadline of Friday, as the Trump administration has said that letters will go out beforehand with set rates. Advertisement Critics say Trump's tariffs penalize Americans by forcing US importers to shoulder the costs or pass them on to consumers through higher prices. On Friday, Trump told reporters that 'we have the confines of a deal with China' — just two days after Bessent told MSNBC that a 'status quo' had been reached between the two sides. While the Chinese side has offered little guidance about the specifics of its aims in Stockholm, Bessent has suggested that the situation has stabilized to the point that China and the United States can start looking toward longer-term balance between their economies. For years, since China vaulted into the global trading system about two decades ago, the United States has sought to press leaders in Beijing to encourage more consumption in China and wrest greater market access to foreign-made — including American — goods. Other sticking points in the relationship include overcapacity in China — by far the world's largest manufacturer — and concerns about whether Beijing is doing enough to control chemicals used to make fentanyl, analysts say. In Stockholm, the Chinese will likely demand the removal of a Experts say long-term progress in the US-China trade relationship will hinge on structural changes. Those include increased manufacturing in the United States, which is part of Trump's ambition. On the Chinese side, that could involve a reduction of excess Chinese production in many industries, including electric vehicles and steel, and increased Chinese consumer spending to ease imbalances in China's export-driven economy. Advertisement Sean Stein, president of the US-China Business Council, said the the talks in Stockholm offer an opportunity for the two governments to address structural reform issues. Businesses will watch for clues about a possible Trump-Xi summit, because any real deal will depend on a meeting between the pair, he said. A deal is possible because 'a lot of the things that the US wants, the Chinese want as well,' Stein said. China, for example, is interested in buying US soybeans, and aircraft and parts, and Chinese businesses are interested in investing in US manufacturing — which would help meet Trump's goal of reindustrialization. Bessent has also said the Stockholm talks could address Chinese purchases of Russian and Iranian oil.
