James Cameron's next film on Hiroshima and Nagasaki ‘a sacred duty' to survivors
Film director James Cameron tells CNN's Christiane Amanpour he is adapting the book, "Ghosts of Hiroshima" by Charles Pellegrino into a film that he "has to make" partly because of a pledge he made to Tsutomu Yamaguchi, a survivor of both the Hiroshima and Nagasaki bombings.
02:55 - Source: CNN
Vertical World News 16 videos
James Cameron's next film on Hiroshima and Nagasaki 'a sacred duty' to survivors
Film director James Cameron tells CNN's Christiane Amanpour he is adapting the book, "Ghosts of Hiroshima" by Charles Pellegrino into a film that he "has to make" partly because of a pledge he made to Tsutomu Yamaguchi, a survivor of both the Hiroshima and Nagasaki bombings.
02:55 - Source: CNN
US special envoy Witkoff meets Putin in Russia
US special envoy Steve Witkoff met with Russian President Vladimir Putin on Wednesday, as President Donald Trump threatened to impose punishing new sanctions on Russia. The meeting, which lasted around 3 hours, was described as 'constructive and useful' by Kremlin aide Yuri Ushakov, according to Russian state media TASS. CNN's Frederik Pleitgen reports.
01:49 - Source: CNN
Mudslide engulfs Indian village after deadly flash floods
Flash flooding struck northern India on Tuesday prompting at least 70 people to be evacuated while dozens remain missing, according to officials in Uttarakhand. At least four people have died in the flooding, which triggered a mudslide that was caught on video as it engulfed a Himalayan village.
00:46 - Source: CNN
Women in Gaza face their periods without adequate supplies
Women in Gaza say they feel "embarrassed" and degraded by the dire hygiene situation in the enclave. Israel's aid blockade has deprived women of essential supplies like sanitary pads, tampons and soap while access to clean water remains scarce. Mother of six, Ghadeer Nassar told CNN how she has been forced to cut up pieces of old cloth to fashion makeshift sanitary pads for her teenage daughter.
01:44 - Source: CNN
A 12-year-old girl's quest to find food in Gaza
CNN first met 12-year-old Jana in May months after her older brother was killed by Israeli fire, according to her family. Now, we follow her quest to find food as even the soup kitchens have become dangerous. As starvation and desperation has deepened in the enclave, the family's health has also deteriorated. The IDF did not respond to a request for comment on the death of Jana's brother. CNN's Abeer Salman reports.
01:22 - Source: CNN
Japanese firework festival ends with barges on fire
A firework festival in Japan's Yokohama went awry on Monday when fireworks landed on the barges they were being launched from, setting two of the barges on fire. The event organizer told police a fireworks launch system went out of control, Reuters reported citing local media.
00:27 - Source: CNN
Great Barrier Reef sees record coral bleaching
According to the Australian Institute of Marine Science (AIMS), parts of the Great Barrier Reef suffered their biggest-ever declines last year after a marine heatwave bleached vast swaths of hard coral.
00:55 - Source: CNN
How to spot a North Korean operative on LinkedIn
North Korean operatives are using fake identities to secure remote tech jobs at US companies and make millions for Kim Jong Un's regime. CNN's Teele Rebane breaks down how the scheme works and what to look for online.
03:07 - Source: CNN
The apartment she bought is perfect. The owner just has to die first
There is a morbid loophole that could get you a Paris apartment for half the price. The French viager system is a real estate deal where buyers essentially bet on how long the seller has left to live.
01:50 - Source: CNN
Tornado hits Inner Mongolia
Footage shows a tornado hitting Inner Mongolia on Monday. No casualties were reported from the incident, according to a state media report.
00:29 - Source: CNN
Why Asia is one of the fastest-warming places in the world
CNN's Hanako Montgomery reports from Tokyo and explains why Asia is warming faster than the global average, as Japan endures its hottest day ever recorded
01:03 - Source: CNN
Satellite images show damage to Russian submarine base after tsunami
Satellite images captured after the 8.8 magnitude quake show damage to a floating pier at Russia's submarine base in Rybachiy and raise questions about fleet readiness.
01:18 - Source: CNN
'I thought, do or die': How a Ukrainian soldier cycled to safety after Russian assault
After a Russian assault left all three of his fellow soldiers dead and himself wounded, Andriy, stationed near Siversk, Ukraine, thought his life was over. But back at his command bunker, they hatched a plan. Armed with determination, a will to live - and a bike - he was able to escape. CNN's Nick Paton Walsh reports.
01:12 - Source: CNN
Moscow residents on Trump-Putin relationship
As the relationship between President Trump and President Putin continues to deteriorate, with Trump threatening harsher sanctions on Russia if a ceasefire agreement with Ukraine is not reached, CNN's Frederik Pleitgen talks to Moscow residents about their thoughts on the tensions between the two countries.
02:02 - Source: CNN
Desperation grows in Gaza as aid is airdropped
CNN footage on Monday captured the desperation of hundreds of Palestinians in central Gaza as people rushed towards aid boxes that many rely on, as the hunger crisis continues. Six countries were involved in dropping 120 aid packages in total, according to the Israel Defense Forces.
00:34 - Source: CNN
Hear from Israeli hostages' families after meeting with Witkoff
Steve Witkoff, the United States' Special Envoy to the Middle East, held a nearly three-hour meeting with the families of those still being held in the Gaza Strip on Saturday, telling them that the US' 'first priority' is getting the hostages back to Israel, the forum said. Fifty hostages remain in Gaza, at least 20 of whom are believed to be alive. CNN has reached out to Witkoff's team to confirm that he made these comments.
01:16 - Source: CNN
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
an hour ago
- Bloomberg
Confusion Over Tariff Stacking Hampers Japan's Bid to Pin Down US Trade Deal
A fresh discrepancy in interpretations of the US-Japan trade deal came to the fore on Thursday, as Japan's chief negotiator visits Washington to press for follow-through on a pledge to cut a levy on car imports to 15%. Japanese media reports said Washington would not exempt Tokyo from an order stacking new 15% across-the board tariffs on top of existing levies, hours before they come into effect. Japan's top trade negotiator Ryosei Akazawa said Tuesday that levies would not be stacked on top.
Yahoo
an hour ago
- Yahoo
Trump tariffs live updates: India hit with 50% tariffs, Trump targets 100% duties on semiconductors
President Trump on Wednesday signed an executive order imposing an additional 25% tariff on India over its purchases of Russian oil. The new tariff, which will come into effect in 21 days, is set to "stack" on top of an existing country-specific tariff of 25%. In doing so, Trump is set to make good on a threat for higher tariffs on India, as he has accused the country of effectively financing the Russian war in Ukraine. "They're fueling the war machine," he charged in a CNBC interview. India's first 25% levy takes effect Thursday, part of scores of new duties that will see importers paying between 10% to 50% as they bring in goods from nearly 200 countries around the globe. Outside of India, Switzerland is the developed nation whose goods face a whopping increase: up to 39%. You can see the new rates Trump is set to levy in the graphic below: Trump also said that he would soon announce tariffs on semiconductor and pharmaceutical imports, as he prepares to add more sectoral duties to his mix of tariffs. He said duties on pharma could eventually balloon as high as 250%. On Wednesday, during a White House event with Apple (AAPL) CEO Tim Cook, he suggested he would impose a tariff of 100% on "all chips and semiconductors coming into the United States." In the past several days, Trump has unleashed a flurry of deals and trade moves leading up to his self-imposed deadline: Trump granted Mexico, the US's largest trading partner, a 90-day reprieve on higher tariffs. Trump hiked tariffs on Canadian imports to 35%, though goods contained in the US-Mexico-Canada agreement are exempt, keeping this hike's impact limited so far. The US agreed to a trade deal with South Korea. The agreement includes a 15% tariff rate on imports from the country, while the US will not be charged a tariff on its exports. Trump imposed 50% tariffs on semi-finished copper products starting Aug. 1. The president signed an order to end the de minimis exemption on low-value imports under $800, thereby applying tariffs from Aug. 29. Trump signed another order to impose a total of 50% tariffs on many goods from Brazil. However, it exempts key US imports like orange juice and aircraft parts. The US and EU agreed to a trade deal that imposes 15% tariffs on EU goods. The nations are still working on finalizing many terms of the deal. Read more: What Trump's tariffs mean for the economy and your wallet Here are the latest updates as the policy reverberates around the world. Trump says he plans to set tariffs on computer chips at 100% President Trump said on Wednesday at a press conference with Apple CEO Tim Cook that he is planning to set a 100% tariff on semiconductor imports. Companies that pledge to invest in manufacturing in the US, however, will be exempt from the tariff. Reuters reports: Read more here. Apple set to dodge bulk of India tariffs Yahoo Finance's Dan Howley reports: Apple CEO Tim Cook has arrived at the White House. He is scheduled to speak with President Trump this afternoon and unveil an additional $100 billion investment in US manufacturing, on top of the $500 billion commitment already pledged by the company. Modi's rival blasts 'bully' Trump as public opinion hardens Rahul Gandhi, Narendra Modi's most recognizable political rival, has come out to call President Trump a "bully" for his negotiation tactics. Bloomberg reports: Read more here. Trump order lowering tariffs on EU autos still days away: source European automakers will have to hold on a little while longer before President Trump lowers auto tariffs as EU-US negotiations continue. Reuters reports: Read more here. Alcohol groups say tariffs put $2B in sales and 25,000 jobs at risk In a letter to President Trump, a group comprising of 57 alcohol industry firms have said that Trump's tariffs of 15% on EU goods could reduce the value of alcohol sales by almost $2B and put 25,000 jobs at risk. Reuters reports: Read more here. Trump hits India with additional 25% tariff over Russia oil buys President Trump has hit India with an additional 25% tariff due to India's purchase of Russian oil. The US president threatened India with higher tariffs earlier this week, which India's Prime Minister Narendra Modi called "unjustified," also calling out the US for its double standard over Russia. In an interview with CNBC on Tuesday, Trump said that India was helping to fuel the war machine. 'They're fueling the war machine. And if they're going to do that, then I'm not going to be happy,' Trump said. In the early days of trade negotiations, relations between the US and India appeared more friendly, with both sides saying they would reach a deal within days. However, over recent months ,things seem to have turned sour as neither side can agree on some of the finer details within the deal, which concern dairy and agricultural products. As a result, a trade war seems to have developed between the two sides, and now with this additional 25% tariff gift from Trump to Modi, the two seem further away from reaching an agreement than ever before. Carney says he'll look at opportunities to remove tariffs on US Canadian Prime Minister Mark Carney said that he will look to assess ways in which he can remove some counter-tariffs against the US. Carney's statement seems at odds with his earlier commitments to fight back against President Trump's trade war. Bloomberg News reports: Read more here. Trump says Japan to import Ford's huge F-150 pickup trucks President Trump said that Japan has agreed to accept imports of Ford's F-150 pick up trucks. This latest news is seen as a sign that the two sides may not be on the same page when it comes to their understanding of the trade agreement reached last month. Bloomberg News reports: Read more here. US investments under trade deal will be determined by benefits for Tokyo: Japan Reuters reports: Read more here. Honda Q1 operating profit halves on tariffs Shares in Honda Motor (HMC) rose 2% premarket on Wednesday after the automaker reported a 50% drop in first-quarter operating profit. A stronger yen and the impact of President Trump's tariffs took their toll, but the company raised its full-year forecast. Reuters reports: Read more here. China draws red lines on US chip tracking with Nvidia meeting China is pushing back against the US over chips despite their overall trade truce. Last week, Beijing summoned Nvidia (NVDA) staff over security concerns with H20 chips, signaling opposition to the US plans to track advanced semiconductors. Analysts view China's latest move as a warning that it will not allow the US to dominate the chip sector. Bloomberg News reports: Read more here. Trump says he's readying more tariffs on Russian energy buyers Bloomberg News reports: Read more here. Canada to help lumber industry cope with US tariffs: Carney Prime Minister Mark Carney has announced that Canada will provide funds to help the lumber industry prepare for tariffs. Reuters reports: Read more here. Starbucks under pressure again as Brazilian tariffs hike coffee costs Starbucks (SBUX) may soon hike prices on its pumpkin spice lattes and bottled Frappuccinos as it faces cost pressure from the 50% tariff on Brazilian coffee imports, which takes effect on Aug. 6. Yahoo Finance's Francisco Velasquez reports: Read more here. EU continues to press for tariff exemption on wine, spirits as part of US deal The EU is pushing for its wine and spirit exports to be exempt from US tariffs, while both sides work towards refining the deal they agreed last month. The WSJ reports: Read more here. Countries push for last-minute deals as Thursday tariff deadline looms Global importers are bracing for President Trump's next tariff deadline on Thursday morning, when the president's tiered approach to tariffs is expected to take effect. Yet some of the details around trade agreements remain fuzzy. Yahoo Finance's Ben Werschkul reports: Read more here. Trump's copper tariffs apply to $15B of products so far President Trump's copper (HG=F) tariffs are due to hit imports valued at more than $15B in 2024, highlighting the potential inflationary impact on American manufacturers. Trump's unveiling of 50% import duties rattled the global copper market last week, because the US president provided a surprise exemption to key forms of wiring metal. But it still leaves significant trade volumes subject to tariffs. Bloomberg News reports: Read more here. Trump threatens EU with increased tariffs if it doesn't meet investment pledge President Trump threatened to hike tariffs on the European Union back to 35% if the bloc fails to live up to a pledge to invest some $600 billion in the US. "A couple of countries came [and said], 'How come the EU is paying less than us?' And I said well, because they gave me $600 billion," Trump said during a CNBC interview. "And that's a gift, that's not like, you know, a loan," he said, claiming that the terms allow the US to direct where the EU invests. Trump says pharma duties could go to 250% President Trump said he would announce tariffs on semiconductor and pharmaceutical imports "within the next week or so." "We'll be putting a initially small tariff on pharmaceuticals, but in one year — one and a half years, maximum — it's going to go to 150%. And then it's going to go to 250%, because we want pharmaceuticals made in our country," Trump said during a CNBC interview. He said semiconductor and chip tariffs would be in a "different category." US tariff on EU goods set at flat 15% The EU said on Tuesday that European Union goods entering the US face a flat 15% tariff, including cars and car parts. The rate includes the Most Favoured Nation (MFN) tariff and won't exceed 15% even if the US raises tariffs on items like semiconductors and medicines. The EU said it still expects turbulence in its trade dealings with the US. Reuters reports: Read more here. Trump says he plans to set tariffs on computer chips at 100% President Trump said on Wednesday at a press conference with Apple CEO Tim Cook that he is planning to set a 100% tariff on semiconductor imports. Companies that pledge to invest in manufacturing in the US, however, will be exempt from the tariff. Reuters reports: Read more here. President Trump said on Wednesday at a press conference with Apple CEO Tim Cook that he is planning to set a 100% tariff on semiconductor imports. Companies that pledge to invest in manufacturing in the US, however, will be exempt from the tariff. Reuters reports: Read more here. Apple set to dodge bulk of India tariffs Yahoo Finance's Dan Howley reports: Apple CEO Tim Cook has arrived at the White House. He is scheduled to speak with President Trump this afternoon and unveil an additional $100 billion investment in US manufacturing, on top of the $500 billion commitment already pledged by the company. Yahoo Finance's Dan Howley reports: Apple CEO Tim Cook has arrived at the White House. He is scheduled to speak with President Trump this afternoon and unveil an additional $100 billion investment in US manufacturing, on top of the $500 billion commitment already pledged by the company. Modi's rival blasts 'bully' Trump as public opinion hardens Rahul Gandhi, Narendra Modi's most recognizable political rival, has come out to call President Trump a "bully" for his negotiation tactics. Bloomberg reports: Read more here. Rahul Gandhi, Narendra Modi's most recognizable political rival, has come out to call President Trump a "bully" for his negotiation tactics. Bloomberg reports: Read more here. Trump order lowering tariffs on EU autos still days away: source European automakers will have to hold on a little while longer before President Trump lowers auto tariffs as EU-US negotiations continue. Reuters reports: Read more here. European automakers will have to hold on a little while longer before President Trump lowers auto tariffs as EU-US negotiations continue. Reuters reports: Read more here. Alcohol groups say tariffs put $2B in sales and 25,000 jobs at risk In a letter to President Trump, a group comprising of 57 alcohol industry firms have said that Trump's tariffs of 15% on EU goods could reduce the value of alcohol sales by almost $2B and put 25,000 jobs at risk. Reuters reports: Read more here. In a letter to President Trump, a group comprising of 57 alcohol industry firms have said that Trump's tariffs of 15% on EU goods could reduce the value of alcohol sales by almost $2B and put 25,000 jobs at risk. Reuters reports: Read more here. Trump hits India with additional 25% tariff over Russia oil buys President Trump has hit India with an additional 25% tariff due to India's purchase of Russian oil. The US president threatened India with higher tariffs earlier this week, which India's Prime Minister Narendra Modi called "unjustified," also calling out the US for its double standard over Russia. In an interview with CNBC on Tuesday, Trump said that India was helping to fuel the war machine. 'They're fueling the war machine. And if they're going to do that, then I'm not going to be happy,' Trump said. In the early days of trade negotiations, relations between the US and India appeared more friendly, with both sides saying they would reach a deal within days. However, over recent months ,things seem to have turned sour as neither side can agree on some of the finer details within the deal, which concern dairy and agricultural products. As a result, a trade war seems to have developed between the two sides, and now with this additional 25% tariff gift from Trump to Modi, the two seem further away from reaching an agreement than ever before. President Trump has hit India with an additional 25% tariff due to India's purchase of Russian oil. The US president threatened India with higher tariffs earlier this week, which India's Prime Minister Narendra Modi called "unjustified," also calling out the US for its double standard over Russia. In an interview with CNBC on Tuesday, Trump said that India was helping to fuel the war machine. 'They're fueling the war machine. And if they're going to do that, then I'm not going to be happy,' Trump said. In the early days of trade negotiations, relations between the US and India appeared more friendly, with both sides saying they would reach a deal within days. However, over recent months ,things seem to have turned sour as neither side can agree on some of the finer details within the deal, which concern dairy and agricultural products. As a result, a trade war seems to have developed between the two sides, and now with this additional 25% tariff gift from Trump to Modi, the two seem further away from reaching an agreement than ever before. Carney says he'll look at opportunities to remove tariffs on US Canadian Prime Minister Mark Carney said that he will look to assess ways in which he can remove some counter-tariffs against the US. Carney's statement seems at odds with his earlier commitments to fight back against President Trump's trade war. Bloomberg News reports: Read more here. Canadian Prime Minister Mark Carney said that he will look to assess ways in which he can remove some counter-tariffs against the US. Carney's statement seems at odds with his earlier commitments to fight back against President Trump's trade war. Bloomberg News reports: Read more here. Trump says Japan to import Ford's huge F-150 pickup trucks President Trump said that Japan has agreed to accept imports of Ford's F-150 pick up trucks. This latest news is seen as a sign that the two sides may not be on the same page when it comes to their understanding of the trade agreement reached last month. Bloomberg News reports: Read more here. President Trump said that Japan has agreed to accept imports of Ford's F-150 pick up trucks. This latest news is seen as a sign that the two sides may not be on the same page when it comes to their understanding of the trade agreement reached last month. Bloomberg News reports: Read more here. US investments under trade deal will be determined by benefits for Tokyo: Japan Reuters reports: Read more here. Reuters reports: Read more here. Honda Q1 operating profit halves on tariffs Shares in Honda Motor (HMC) rose 2% premarket on Wednesday after the automaker reported a 50% drop in first-quarter operating profit. A stronger yen and the impact of President Trump's tariffs took their toll, but the company raised its full-year forecast. Reuters reports: Read more here. Shares in Honda Motor (HMC) rose 2% premarket on Wednesday after the automaker reported a 50% drop in first-quarter operating profit. A stronger yen and the impact of President Trump's tariffs took their toll, but the company raised its full-year forecast. Reuters reports: Read more here. China draws red lines on US chip tracking with Nvidia meeting China is pushing back against the US over chips despite their overall trade truce. Last week, Beijing summoned Nvidia (NVDA) staff over security concerns with H20 chips, signaling opposition to the US plans to track advanced semiconductors. Analysts view China's latest move as a warning that it will not allow the US to dominate the chip sector. Bloomberg News reports: Read more here. China is pushing back against the US over chips despite their overall trade truce. Last week, Beijing summoned Nvidia (NVDA) staff over security concerns with H20 chips, signaling opposition to the US plans to track advanced semiconductors. Analysts view China's latest move as a warning that it will not allow the US to dominate the chip sector. Bloomberg News reports: Read more here. Trump says he's readying more tariffs on Russian energy buyers Bloomberg News reports: Read more here. Bloomberg News reports: Read more here. Canada to help lumber industry cope with US tariffs: Carney Prime Minister Mark Carney has announced that Canada will provide funds to help the lumber industry prepare for tariffs. Reuters reports: Read more here. Prime Minister Mark Carney has announced that Canada will provide funds to help the lumber industry prepare for tariffs. Reuters reports: Read more here. Starbucks under pressure again as Brazilian tariffs hike coffee costs Starbucks (SBUX) may soon hike prices on its pumpkin spice lattes and bottled Frappuccinos as it faces cost pressure from the 50% tariff on Brazilian coffee imports, which takes effect on Aug. 6. Yahoo Finance's Francisco Velasquez reports: Read more here. Starbucks (SBUX) may soon hike prices on its pumpkin spice lattes and bottled Frappuccinos as it faces cost pressure from the 50% tariff on Brazilian coffee imports, which takes effect on Aug. 6. Yahoo Finance's Francisco Velasquez reports: Read more here. EU continues to press for tariff exemption on wine, spirits as part of US deal The EU is pushing for its wine and spirit exports to be exempt from US tariffs, while both sides work towards refining the deal they agreed last month. The WSJ reports: Read more here. The EU is pushing for its wine and spirit exports to be exempt from US tariffs, while both sides work towards refining the deal they agreed last month. The WSJ reports: Read more here. Countries push for last-minute deals as Thursday tariff deadline looms Global importers are bracing for President Trump's next tariff deadline on Thursday morning, when the president's tiered approach to tariffs is expected to take effect. Yet some of the details around trade agreements remain fuzzy. Yahoo Finance's Ben Werschkul reports: Read more here. Global importers are bracing for President Trump's next tariff deadline on Thursday morning, when the president's tiered approach to tariffs is expected to take effect. Yet some of the details around trade agreements remain fuzzy. Yahoo Finance's Ben Werschkul reports: Read more here. Trump's copper tariffs apply to $15B of products so far President Trump's copper (HG=F) tariffs are due to hit imports valued at more than $15B in 2024, highlighting the potential inflationary impact on American manufacturers. Trump's unveiling of 50% import duties rattled the global copper market last week, because the US president provided a surprise exemption to key forms of wiring metal. But it still leaves significant trade volumes subject to tariffs. Bloomberg News reports: Read more here. President Trump's copper (HG=F) tariffs are due to hit imports valued at more than $15B in 2024, highlighting the potential inflationary impact on American manufacturers. Trump's unveiling of 50% import duties rattled the global copper market last week, because the US president provided a surprise exemption to key forms of wiring metal. But it still leaves significant trade volumes subject to tariffs. Bloomberg News reports: Read more here. Trump threatens EU with increased tariffs if it doesn't meet investment pledge President Trump threatened to hike tariffs on the European Union back to 35% if the bloc fails to live up to a pledge to invest some $600 billion in the US. "A couple of countries came [and said], 'How come the EU is paying less than us?' And I said well, because they gave me $600 billion," Trump said during a CNBC interview. "And that's a gift, that's not like, you know, a loan," he said, claiming that the terms allow the US to direct where the EU invests. President Trump threatened to hike tariffs on the European Union back to 35% if the bloc fails to live up to a pledge to invest some $600 billion in the US. "A couple of countries came [and said], 'How come the EU is paying less than us?' And I said well, because they gave me $600 billion," Trump said during a CNBC interview. "And that's a gift, that's not like, you know, a loan," he said, claiming that the terms allow the US to direct where the EU invests. Trump says pharma duties could go to 250% President Trump said he would announce tariffs on semiconductor and pharmaceutical imports "within the next week or so." "We'll be putting a initially small tariff on pharmaceuticals, but in one year — one and a half years, maximum — it's going to go to 150%. And then it's going to go to 250%, because we want pharmaceuticals made in our country," Trump said during a CNBC interview. He said semiconductor and chip tariffs would be in a "different category." President Trump said he would announce tariffs on semiconductor and pharmaceutical imports "within the next week or so." "We'll be putting a initially small tariff on pharmaceuticals, but in one year — one and a half years, maximum — it's going to go to 150%. And then it's going to go to 250%, because we want pharmaceuticals made in our country," Trump said during a CNBC interview. He said semiconductor and chip tariffs would be in a "different category." US tariff on EU goods set at flat 15% The EU said on Tuesday that European Union goods entering the US face a flat 15% tariff, including cars and car parts. The rate includes the Most Favoured Nation (MFN) tariff and won't exceed 15% even if the US raises tariffs on items like semiconductors and medicines. The EU said it still expects turbulence in its trade dealings with the US. Reuters reports: Read more here. The EU said on Tuesday that European Union goods entering the US face a flat 15% tariff, including cars and car parts. The rate includes the Most Favoured Nation (MFN) tariff and won't exceed 15% even if the US raises tariffs on items like semiconductors and medicines. The EU said it still expects turbulence in its trade dealings with the US. Reuters reports: Read more here. 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
New York Post
an hour ago
- New York Post
Beto O'Rourke grilled by CNN host over helping Dem lawmakers flee Texas
Former Texas Congressman Beto O'Rourke was pressed during a CNN interview on Wednesday about why he was helping cover costs for Democrats fleeing Texas to avoid a redistricting vote, rather than spending that money to help vulnerable Texans directly. O'Rourke's group, Powered by People (PBP), has played a major role in supporting the roughly 50 Democrats who left for New York and Illinois. The group is paying for airfare, lodging, and assisting with the $500-per-day fines the lawmakers face for skipping the legislative session, according to the Texas Tribune. Advertisement The walkout by Texas Democrats has stalled the Republican-controlled state legislature from voting on new GOP-crafted congressional maps that would create five more right-leaning congressional districts ahead of the 2026 elections. During the Wednesday interview, CNN anchor Pamela Brown pointed out that O'Rourke's group spent more than half a million dollars in 2021 to help Democrats flee the state to break quorum during a similar protest over a voting bill that ultimately passed. 'We could see a similar scenario this time around. Is it worth it?' Brown asked. 4 O'Rourke said that everyone should be invested in assisting the Texas Democrats. CNN Advertisement 'Absolutely,' O'Rourke responded. 'If we fail, the consolidation of authoritarian power in America will be nearly unstoppable.' O'Rourke argued that every American should be invested in helping the Texas Democrats, warning that a Republican congressional majority would 'roll out a royal red carpet for a Trump third term,' including more ICE raids and 'more retribution and persecution and even violence for Trump's political opponents.' Brown challenged O'Rourke on whether the funds might be 'better spent' aiding vulnerable Texans instead. 4 Many seats remain empty during the House meeting's call to order at the state Capitol on August 05, 2025 in Austin, Texas. Getty Images Advertisement 'We've seen it in the past—they flee, but then inevitably they have to come back, right? You can't just stay out in perpetuity, and the governor can continue to call these special sessions,' she said. 'Do you think the money could be better spent helping those folks you mentioned?' O'Rourke defended the Democrats' efforts, saying, 'I actually believe that they can stay out long enough to stop this steal in Texas.' He praised Democratic governors like California's Gavin Newsom for threatening to pursue similar redistricting tactics if Texas's effort goes forward. 4 Beto O'Rourke speaks during a rally to protest against redistricting hearings at the Texas Capitol, Thursday, July 24, 2025, in Austin, Texas. AP Advertisement 'We have to stop their power grab. We have to win power, and then we have to use it to provide a check on Donald Trump,' he urged. Brown referenced O'Rourke calling on Democrats to 'fight fire with fire' and pointed to Vice President J.D. Vance's recent meeting with Indiana Gov. Mike Braun to discuss redistricting in that state. 'Where does this end?' she asked. 4 State Capitol is seen on August 06, 2025 in Austin, Texas. Getty Images 'It ends with Democrats winning power,' O'Rourke said. 'I think for far too long, my party has been more concerned with being right and coloring within the lines than they've cared about being in power — while the other side only cares about power, regardless of what is right, what is ethical, or what is legal, even.' 'So we've got to take the gloves off, and we've got to fight them. We've got to seize the initiative and stop waiting for these would-be fascists to land the punch — and throw ours first and throw it harder,' he added. Texas Gov. Greg Abbott has called for the lawmakers to be arrested and prosecuted upon their return to the state.
