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It has been more than a year since "House of Cards" actor Kevin Spacey posted anything to Twitter, but that changed today — Christmas Eve.Spacey's post comes after the announcement he is being charged with the sexual assault of a teenage boy that allegedly occurred in 2016. His tweet today reads, "Let Me Be Frank," the title of a video he posted to YouTube. In 375
It's not only about avocados and auto parts. Imports from Mexico can be found in almost every part of the US economy.In the first three months of the year, Mexico has moved past Canada and China to become the United States' largest trading partner, in terms of the value of goods moving back and forth over the border, with about billion a month in imports and exports so far this year.The tariffs President Donald Trump has threatened against Mexico would be broad, covering basically everything coming north across the border. They aren't targeted, the way tariffs are typically levied. The impact on business, consumers and the economy could be similarly widespread."This is going to be felt by every sector and it's going to be felt by consumers. Not just by businesses. Not just the auto industry. It's going to be felt more widely and deeply than previous tariffs were felt," said Neil Bradley, chief policy officer for the US Chamber of Commerce.Economists, stunned by the Trump administration's recent action against Mexico, were not prepared to make predictions about how much prices will increase for Americans, because they never considered such an action would take place. Blindsided businesses haven't had time to determine how to replace existing supply chains with other sources, adding stress to American companies.But some industries could be particularly hard-hit by tariffs on Mexican goods.AutosThe United States imported billion of auto parts from Mexico last year and an additional billion in completed cars. Deutsche Bank estimates that if the tariffs reach 25%, it will add an average of ,300 to the price of US cars.Demand for American-made cars could plunge 18% if the tariffs are enacted, according to that estimate. That would be the biggest drop in car sales since the auto industry teetered on ruin ten years ago during the Great Recession.ElectronicsA fifth of computer and electronic equipment imports come from Mexico, according to Goldman Sachs. That's about billion a year in electronics. Mexican televisions, monitor displays and equipment came to more than billion, or more than 35% of those imports.The United States is also set to raise tariffs on imports from China, which is another huge source of electronics. Businesses in that sector probably won't be able to escape increased costs.OilAmerica's oil industry is booming, but Mexico has become an more important source of oil for the United States, because of the cutback in production by Saudi Arabia and other OPEC nations, as well as the virtual halt of oil coming in from Venezuela.Mexico sent about billion worth of oil a month north across the border so far this year. That accounted for about 10% of all US oil imports so far this year -- nearly as much as Saudi Arabia exported to the United States. Gas prices have been stubbornly high this year because of the OPEC and Venezuelan cutbacks, and tariffs on such a significant source of oil could boost prices even further.Wires, cables and conductorsThe United States imports billion worth of Mexican wires, cables and conductors: about 50% of America's imports in the market. Although it's not the type of product that many consumers think about, American manufacturers use the components to make all types of goods.The the low-cost supply from Mexico makes the American goods they go into competitive.Food productsEating healthy is going to get more expensive with a 25% tariff on the billion worth of vegetables imported from Mexico. About 35% of all vegetable imports to the United States come from Mexico.Add in beverages, meats and cereal and Mexican food imports top billion, or about 26% of all imported food to the Untied States, according to Goldman Sachs' figures.A 25% tariff on avocados would raises costs in the United States by 5 million each year, said Johan Gott, principal at consulting firm AT Kearney. Tomatoes would cost 0 million more. Cucumbers prices would rise by 6 million, and asparagus would cost Americans 7 million each year.If the tariff remains at 25%, the cost to the beer industry will be 4 million per year, according to the Beer Institute, a trade association for the brewing industry.Air conditioners, refrigerators, furnaces and ovensMexico exported .4 billion worth of appliances to the United States last year, which amounted to 44% of American imports in that sector, according to Goldman Sachs.Dishwashers, laundry machines and other household appliances added another .1 billion worth of imports from Mexico.A potentially bigger threatThe tariffs won't apply to the goods that American farmers and manufacturers send to Mexico. But Mexico could quickly levy their own tariffs on US goods."What we've seen in the last year, when one country raises tariffs, retaliation is not far behind," said John Murphy, senior vice president, international affairs, for the US Chamber of Commerce, one of the groups opposing the tariffs."Tariffs are sand in the gears of the economy," he said. "They reduce our competitiveness." 5076

In the nation’s capital, when it comes to immigration, much of the focus is often on the southern border and undocumented migrants. This month, though, it’s immigrants that have come to the U.S. legally who are about to face new challenges, as they try to become permanent residents or U.S. citizens.Public assistance, like Section 8 housing vouchers or food stamps, could play a big role in the fight over immigration.It is called the “public charge” rule and it is not new; it’s been on the books since the late 1800s. What is new, however, is what defines a public charge.Back in 1882, when immigrants arrived in the U.S., they had to prove they had cash and enough money to get where they were going, once they landed.Fast forward to 1996: that’s when the government decided other factors should be included as part of a green card application – like a person’s finances, health, age, education – and whether a sponsor, such as a family member who is a citizen or already has a green card, could financially vouch for you.Now, the rule will change again. Immigration officials will be able to deny a green card if they think some will “likely” end up needing public assistance, like welfare, food stamps or Medicaid.If that person needed such help in the past, it could count against them. That is placing greater scrutiny on the 400,000 people each year, who apply for to become permanent residents in the U.S.The Trump Administration argues the change is needed so that public assistance is safe-guarded for U.S citizens and residents who need it.“The benefit to taxpayers is a long-term benefit of seeking to ensure that our immigration system is bringing people to join us as American citizens, as legal permanent residents first, who can stand on their own two feet, who will not be reliant on the welfare system,” said Ken Cuccinelli, acting director of the United States Citizenship and Immigration Services, in making the announcement in August. Yet, some who work with the immigration system disagree. Aaron Hall is an immigration attorney in Denver.“Every change that’s happened over the last two years has been aimed at making the immigration process more burdensome, more difficult,” Hall said. Hall added that not only is the definition of a “public charge” changing, so is the green card application itself.“For the first time ever, they’re asking applicants to provide a credit score,” he said. “People who have not had immigration status prior or who have spent time living in a foreign country are not going to have a credit score. So, they have negative factor against them, even before they get started with their application.”The revised “public charge” rule is set to take effect on Oct. 15, but it is already being challenged by multiple states in court. A could injunction could delay it as the lawsuits make their way through the courts, a process that could potentially take years. 2922
It could be a very Merry Christmas for those playing the Mega Millions lottery game.The jackpot for the Tuesday, Dec. 25, drawing is worth 1 million. Winning numbers will be revealed just before 11 p.m. Eastern.For the lucky winner, the cash option will be worth 3.7 million.According to Mega Millions officials, there have been four Christmas Day drawings since the game began in 2002.Officials said: “Although the day itself has not yet produced a jackpot winner, seven Mega Millions jackpots have been won in the days before and after Christmas, including the third largest jackpot in the history of the game — 8 million — on December 17, 2013.”It costs to play, though the odds of winning the jackpot are one in 302 million.Looking for a lucky store? Anyone planning to purchase a ticket can find the closest retailers 847
Kevin Spacey's sex abuse case returned to a Massachusetts court Monday as his defense team worked to obtain cellphone records and other evidence from the actor's accuser.The hearing, which Spacey did not attend, focused largely on procedural issues with the discovery of records in the case. Spacey's defense is seeking credit card records, employment records and bookkeeping records from The Club Car, the Nantucket bar and restaurant. Spacey, 59, is accused of groping a busboy on a July 2016 evening at the bar.The busboy, 18 at the time of the alleged assault, came forward to report Spacey more than a year later, telling police he did not want Spacey to victimize others, according to a criminal complaint. CNN does not identify alleged victims of sexual assault.A judge previously ruled that Spacey, who has 827
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