Video: How businesses are waiting out tariffs
With Trump's new tariffs in place on products from countries like China, many businesses are looking at bonded warehouses as a way to legally avoid paying the extra dues for now. CNN's Julia Vargas Jones explains how they work.
01:01 - Source: CNN
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How businesses are waiting out tariffs
With Trump's new tariffs in place on products from countries like China, many businesses are looking at bonded warehouses as a way to legally avoid paying the extra dues for now. CNN's Julia Vargas Jones explains how they work.
01:01 - Source: CNN
Hundreds of dachshunds gather in Hungary in record breaking attempt
In Hungary, dachshunds and their owners gathered in an attempt to break the record of biggest ever dog walk – a record previously set at 897 by the German city of Regensburg. The Hungarian Records of Association tallied the dogs as they walked through the street with their owners.
00:41 - Source: CNN
Bored at the airport? For these travelers, it's showtime!
Dancer and choreographer Blake McGrath felt the urge to whip out a dance combo while waiting for his flight at Dallas-Fort Worth International. The flight left without him, but when he uploaded the video to TikTok, it quickly went viral and eventually grabbed over 6.7 million views.
01:41 - Source: CNN
'Where's my camera?': Astronaut shares wondrous views from space
NASA astronaut Don Pettit describes his love for photography and the images he took in his first press conference since returning from his fourth mission to space.
00:48 - Source: CNN
Shedeur Sanders target of NFL draft prank call
During the NFL draft, Shedeur Sanders, one of football's biggest draft prospects, received a call saying he was picked up by the New Orleans Saints, but the call turned out to be a prank. Sanders was later selected by the Cleveland Browns as the 144th overall pick in the fifth round.
01:15 - Source: CNN
Robotics team overcomes wildfire destruction to reach world championships
After the Palisades Fire destroyed their school and robotics lab, 4th and 5th graders from Marquez Charter Elementary School rebuilt their robots—and their hope—to compete on the world stage.
01:05 - Source: CNN
He bought gold at Costco. He's not cashing in yet
With gold prices touching record highs recently, some buyers of Costco gold bars are sharing their love of bullion on social media. But one gold bug tells us he's planning to be a lifelong investor in the precious metal.
01:58 - Source: CNN
Key evidence in Karen Read trial
Karen Read, who is accused of causing the death of her Boston police officer boyfriend, is being retried in Massachusetts. Read has been charged with second-degree murder, manslaughter and leaving the scene. A mistrial was declared last year after jurors said they were at an impasse. CNN's Jean Casarez breaks down key evidence.
01:33 - Source: CNN
Earth week ends with a smiling face in the sky
Just before sunrise on Friday, April 25, US stargazers can find a celestial "smiley face" along the eastern horizon as a waning crescent moon aligns with Venus and Saturn.
00:50 - Source: CNN
Scientists discover car inside sunken WWII warship
NOAA researchers discovered a 1940s Ford Super Deluxe "Woody" inside the sunken USS Yorktown, a famed WWII aircraft carrier lost during the Battle of Midway.
00:42 - Source: CNN
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4 minutes ago
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Five products to be hit by Trump's incoming tariffs
The United States is set to raise tariffs on dozens of trading partners Friday if they fail to reach accords with President Donald Trump to avert the higher rates, and this risks raising prices for consumers. Economists have warned that steeper US tariffs, paid for by importers of foreign products, could add to business costs and trickle down to households. The risk is a dampening of consumption -- a key driver of the world's biggest economy. Trump's tariffs could impact everything from coffee beans and rice to cocoa, seafood or even electronics. Here are some examples of products in the crosshairs: - Coffee - Over 99 percent of America's coffee is imported, according to the National Coffee Association. It told AFP that two-thirds of US adults drink coffee daily. Top suppliers of coffee beans include Brazil, Colombia and Vietnam, according to the United States Department of Agriculture (USDA). But Brazil, which accounted for over 30 percent of such imports in recent years, faces a 50 percent tariff threat come August 1. In a letter to Brazil's leadership, Trump cited a judical "witch hunt" against his right-wing ally, ex-president Jair Bolsonaro, in unveiling the rate. Imports from Vietnam, meanwhile, face a 20 percent additional tariff even after a deal the Southeast Asian country recently struck with Trump. - Shirts - Clothing like shirts and sweaters could also become pricier. China, Vietnam and Bangladesh accounted for more than half of US apparel imports from January through May this year, said the American Apparel & Footwear Association. All three countries face different tariff levels under the Trump administration. Chinese goods, which account for nearly a third of apparel imports, were hit by a fresh 30 percent duty this year -- piling atop existing ones. If an existing truce expiring August 12 is not extended, tariffs on products from China could surge even higher, causing companies to halt imports or be forced to pass on more costs. Vietnamese goods accounted for nearly 20 percent of clothing imports while those from Bangladesh made up about 11 percent, the association said. Trump has threatened to impose a 35 percent duty on Bangladesh goods. - Jasmine rice - The United States is the biggest rice importing country in the Western Hemisphere, bringing in some 1.3 million tons, according to the USDA. More than 60 percent of the country's rice imports are aromatic varieties, mostly jasmine from Thailand and basmati from India and Pakistan. Thailand faces a prospective 36 percent tariff come Friday, India 26 percent and Pakistan, 29 percent. The United States also takes in smaller quantities of medium and short-grained rice from Asia and some products from South America. - Cocoa - US imports of cocoa beans -- mostly from places like the Ivory Coast and Ecuador -- averaged over $1.1 billion annually from 2017 to 2021, according to the USDA. Among them, the Ivory Coast faces a 21 percent tariff. Cocoa butter shipments were valued at $576 million annually and mainly supplied by Indonesia and Malaysia, facing fresh duties of 19 percent and 25 percent respectively. - Electronics - Besides tariffs on imports from specific countries, Trump has also threatened a 50 percent duty on copper imports come August 1. Consulting firm BCG warned that this would add $8.6 billion to the cost of raw copper and refined copper imported into the country -- and more if tariffs extended into derivative products. BCG expects material costs to jump for the construction industry -- which uses 42 percent of copper products consumed domestically -- and makers of electronics goods. bys/mlm/dw Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 minutes ago
- Yahoo
Trump Now 'Seriously Considering' Pardon For Sean Combs Ahead Of Sentencing; White House Officially Says Nothing
EXCLUSIVE: Donald Trump is heavily weighing giving Sean 'Diddy' Combs a full presidential pardon ahead of the convicted Bad Boy Records founder's sentencing later this year. Nearly two months after Trump publicly entertained the notion of a Diddy pardon in an Oval Office gaggle, a comprehensive get out of jail card for Combs is being 'seriously considered,' an administration source tells Deadline. More from Deadline Trump Celebrity Supporters: Famous Folks In Favor Of The 47th President Diddy Tries Again To Get A $50M Get Outta Jail Card As Sentencing & Appeal Looms; 'Sean Combs Should Not Be In Jail For This Conduct' Donald Trump Takes On Late-Night Hosts, Again Additionally, as several associates of the much-accused and currently incarcerated 'All About the Benjamins' performer have been pitching the White House, other insiders confirm the topic has leveled up from 'just another Trump weave to an actionable event' since Combs was found partially guilty in the his NYC sex-trafficking trial earlier this month. Of course, as a number of parties attest, this being the roller coaster of Trumpworld, any decision on a Combs pardon is in flux until POTUS actually puts his signature on paper. RELATED: Repeatedly denied a $50 million bond and release from Brooklyn's Metropolitan Detention Center since his arrest last September, Combs could end up spending two to three years in a federal prison upon his sentencing on October 3 by Judge Arun Subramanian. Any sentence certainly would include time already served by Combs. Even with that, and the feds seeking the maximum under sentencing guidelines, an appeal is widely expected to be launched by the 10-attorney-deep defense almost immediately after sentencing occurs. Contacted by Deadline, Combs' defense team led by Marc Agnifilo and Teny Gerago had 'no comment' on any pardon talk for their client. While a number of individuals close to Combs both personally and professionally have been very active in seeking White House recourse for the Grammy winner, the defense team itself has had no significant participation in the process, I hear. Up on 1600 Pennsylvania Avenue, the reply was that 'the White House will not comment on the existence or nonexistence of any clemency request,' according to an administration official. RELATED: With a damning verdict for the U.S. Attorney's office for the Southern District of New York delivered by a federal jury on July 2 after an eight-week sex-trafficking trial, Combs escaped the most severe of the criminal charges he was facing. Even before the mixed verdict came in, Trump exclaimed on May 30 that when it came to a Diddy pardon, he 'would certainly look at the facts if I think somebody was mistreated, whether they like me or don't like me.' Once big on Trump, Combs became quite critical of him during the Republican's first term and endorsed Joe Boden in 2020. Before that, Trump and Combs had known each other for decades, with the former bluntly calling the latter a 'good friend' in 2012. Soon after hitting stardom, the often-ostentatious Combs was a regular on the 1990s and 2000s Manhattan party and charity circuit and often came into contact with Trump, who moved in similar circles. In the Season 12 premiere of The Apprentice, Trump told a reticent ex-Danity Kane singer Aubrey O'Day that he thought her former boss was 'a good guy, I'm going to stick up for him.' Asserting in May of this year that 'no one has asked' for a pardon for Combs, Trump added, 'I know people are thinking about it' as the May 12-starting trial went on. Jumping into the fray after weeks of trolling Combs, Curtis '50 Cent' Jackson vowed to stop any pardon. 'I'm gonna reach out so he knows how I feel about this guy,' the Trump-friendly rap star May 31 posted on social media. RELATED: Weeks later, after hearing harrowing testimony of drug-fueled 'freak off' sex sessions and violence from ex-girlfriends 'Jane' and a very pregnant Cassie Ventura, as well as ex-staffers, male escorts and law enforcement, the jury of four women and eight men only convicted Combs on the charges of transportation to engage in prostitution. Avoiding a likely life sentence, the 55-year-old Combs was declared not guilty in early July of sex trafficking and racketeering conspiracy. The result laid bare the clear overreach and shortcomings of the Maurene Comey-led prosecutors' legal strategy, as well as the power of celebrity in American justice. This week, Combs' defense lawyers again requested that their client be let out of his confinement. Yet again, an offer of a $50 million bond was put on the table, as were restrictions on Combs' travel and who he interacts with. Earlier this month, Judge Subramanian gave the prosecution and the defense a July 30 deadline to put together a detailed package on letting Combs out for the roughly 60 days before sentencing. It looks like that proposal will not be a joint proposal from the parties, though more documents from the defense might show up in the docket in the next 24 hours. RELATED: Oval Office consideration of a Combs pardon has grown in recent days, I'm told by multiple sources. The increased interest also comes as the distraction-politics-advocating POTUS faces an uprising by his MAGA base over the continued reluctance on the part of the Department of Justice to make public promised files on now-dead sex offender and former Trump pal Jeffrey Epstein. Trump has even turned on enduring ally Rupert Murdoch with a $10 billion lawsuit after the Fox News owner's Wall Street Journal published a piece on July 18 on the president and Epstein's friendship. The well-connected millionaire was indicted in 2019 on sex trafficking charges and more involving underage women. As a point of contention for some who disbelieve the official suicide conclusion, Epstein died suddenly in custody in New York before his trial could begin. RELATED: Not long after the Combs' verdict was announced and as the Epstein flip fallout exploded, lead prosecutor Comey — daughter of ex-FBI director and Trump foe James Comey — was brusquely fired from the SDNY after years of service as an Assistant U.S. Attorney. In a July 18 statement on her exit, ex-Epstein prosecutor Comey never mentioned Trump by name, but left no doubt who she was referring to when she said: 'Fear is the tool of a tyrant, wielded to suppress independent thought.' Best of Deadline 2025 TV Series Renewals: Photo Gallery 2025-26 Awards Season Calendar: Dates For Emmys, Oscars, Grammys & More 2025 TV Cancellations: Photo Gallery Solve the daily Crossword
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9 minutes ago
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Chicago comedians deny Colbert cancellation will lead to fewer Trump jokes
Chicago comedians argued on Tuesday that the cancellation of "The Late Show with Stephen Colbert" will lead to more jokes about President Donald Trump, not fewer, in contrast with liberal critics' concerns. After CBS announced the left-leaning comedian's show being canceled weeks earlier, several people ranging from commentators to lawmakers called out the move as authoritarian, suggesting CBS bent the knee to Trump after recently settling a lawsuit. Though some believed that this could lead to either more censorship or political capitulation, comedians from the windy city, where Colbert had trained in comedy, largely believed the opposite. Charlamagne Accuses Trump Of Trying To 'Make America North Korea' By Engaging In 'Authoritarian Rule' On Media "That would go for whoever is the president," late night host Mark Bazer told the Chicago Sun-Times. "That's the gig. My guess is there's very few comedians or late-night talk show hosts who are going to bend the knee." Bazer added that Colbert can now "take the gloves off" regarding his jokes against Trump without the pressure of maintaining his show. Read On The Fox News App "We've all seen late-night talk shows over the years. It's a tradition to make fun of whoever's in power, like, that's what the job entails," Bazer said. Local comic James Dugan, who frequently performs for the Chicago improv show Whirled News Tonight, told the Chicago Sun-Times that his team largely pulls jokes from the headlines, which have heavily featured Trump recently. In fact, he described concerns about an oversaturation of Trump jokes. "A lot of times with our show in particular, we get four or five newspapers and spread them out," Dugan said. "And there is a little bit of a sense of like, should we take out the Trump stuff? Because people are kind of sick of hearing about it." Click Here For More Coverage Of Media And Culture However, some comedians are still worried about what Colbert's cancellation could mean for comedy on a larger scale. "The fact that a sitting public official is doing so much private litigation, and that it results in this type of thing — it's dangerous," stand-up comic Eunji Kim told the Chicago Sun-Times. Despite the timing of the announcement, CBS and its parent company, Paramount, have said that the cancellation was a financial decision, not a political one. Insider sources have also said that the decision was made days before Paramount's settlement with Trump. Colbert himself has not shied away from attacking Trump in the weeks after his show's cancellation. Last week, he told Trump to "go f--- yourself" after the latter celebrated the end of "The Late Show."Original article source: Chicago comedians deny Colbert cancellation will lead to fewer Trump jokes Solve the daily Crossword
