NASHVILLE, Tenn. (AP) — U.S. Commerce Secretary Howard Lutnick says tariff exemptions announced Friday on electronics like smartphones and laptops are only a temporary reprieve until the Trump administration develops a new tariff approach specific to the semiconductor industry, The Trump administration had said late Friday it will exclude electronics like smartphones and laptops from…… MORE
Trump’s China Tariff Shocks US Importers
WASHINGTON (AP) — U.S. importers are bracing for the impact of President Donald Trump’s staggering 145% levy on Chinese imports. One Chicago-area toymaker expects its tariff bill to climb from $2 million to $100 million. The tariffs could mark the end of an era of inexpensive consumer goods in the United States. For four decades,…… MORE
The Teenager Accused of Stabbing Another Student at a High School Track Meet Has a New Attorney
(WBAP/KLIF) – FRISCO, TX – Attorneys Billy Clark and Kim T Cole are no longer representing 17-year-old Karmelo Anthony in the murder case against him. Anthony has now retained Dallas criminal defense attorney Mike Howard. Police stated that Karmelo Anthony killed 17-year-old Austin Metcalf at a high school track meet in Frisco on April second.…… MORE
Wind Advisory In Effect From 9 AM To 7 PM Sunday
…WIND ADVISORY IN EFFECT FROM 9 AM TO 7 PM SUNDAY… PRECAUTIONARY/PREPAREDNESS ACTIONS… A Wind Advisory means that sustained winds of at least 20 to 30 mph are expected. Winds this strong can make driving difficult, especially for high profile vehicles. Boaters should use extra caution when venturing onto area lakes. Residents may wish to…… MORE
Iran And US Envoys Hold 1st Negotiation Over Tehran’s Nuclear Program, And Talk Face-To-Face
MUSCAT, Oman (AP) — Iran and the United States will hold more negotiations next week over Tehran’s rapidly advancing nuclear program. Iranian state television reported Saturday that U.S. Mideast envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi “briefly spoke in the presence of the Omani foreign minister” at the end of the talks Saturday.…… MORE
Israel Cuts Off Gaza’s Southern City Of Rafah And Vows To ‘Vigorously’ Expand In The Territory
TEL AVIV, Israel (AP) — Israel says it has completed construction of a new security corridor that cuts off the southern city of Rafah from the rest of Gaza. The military said Saturday it would soon expand “vigorously” in most of the small coastal territory. Palestinians are further squeezed into shrinking areas of land. It…… MORE
Russia And Ukraine Accuse Each Other Of Failing To Pause Strikes After US Envoy Leaves Moscow
Russia and Ukraine’s top diplomats have used a high-level conference in Turkey to once again trade accusations of violating a tentative U.S.-brokered deal to pause strikes on energy infrastructure. The two foreign ministers spoke at separate events at the annual Antalya Diplomacy Forum on Saturday, a day after U.S. envoy Steve witkoff met with with…… MORE
China Hits Back At US And Will Raise Tariffs On American Goods From 84% To 125%
BEIJING (AP) — China has announced that it will raise tariffs on U.S. goods from 84% to 125%. It was the latest salvo in an escalating trade war between the world’s two largest economies that has rattled markets and raised fears of a global slowdown. While U.S. President Donald Trump paused import taxes this week…… MORE
Freak sell-off of ‘safe haven’ US bonds raises fear that confidence in America is fading
NEW YORK (AP) — The upheaval in stocks has been grabbing all the headlines, but there is a bigger problem looming in another corner of the financial markets that rarely gets headlines: Investors are dumping U.S. government bonds. Normally, investors rush into them at a whiff of economic chaos but now not even the lure…… MORE
Potential Impact of Trump’s Trade War On Jobs And Inflation Sends US Consumer Sentiment Plunging
WASHINGTON (AP) — Consumer sentiment fell sharply in April for the fourth straight month as the trade war has fueled worries about the health of the job market and inflation. The University of Michigan’s closely watched consumer sentiment index, released Friday, fell 11% to 50.8, the lowest since the depths of the pandemic. The decline…… MORE
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