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President Donald Trump's tariffs were supposed to shrink America's trade deficit, but it has instead grown for five straight months and is on track to hit a record high before the end of the year.The monthly goods deficit grew by billion in October, according to a US Census report released Wednesday.The Census report is one of the first measures of trade released since Trump imposed his biggest round of tariffs in September on 0 billion of Chinese goods. It put a 10% tax on goods ranging from luggage to bikes and baseball gloves. Trump has threatened to increase the rate to 25% on January 1.The duties make it more expensive for US importers to buy those items, but Americans bought more goods from abroad in October than they did the month before. The figure may reflect stockpiling by American importers ahead of an additional hike in tariffs set to take effect in January, as well as strong consumer spending."There is some anecdotal evidence that US importers are likely pulling forward orders to get ahead of additional tariffs on Chinese goods, which could be one of the factors driving imports higher in recent months," said Pooja Sriram, an economist at Barclays.Last year's federal tax cuts have also put more money back into Americans' pockets, lifting demand for imports even if they're more expensive."We believe that domestic demand is likely to be sufficiently robust so as to keep imports elevated even after any additional tariffs," Sriram said.Additional data due out next week on trade of both goods and services is expected to show a 10-year high in the overall trade deficit, said Ian Shepherdson, chief economist at Pantheon Macroeconomics.That's the opposite of what Trump wants to achieve.The president has pledged to reduce America's trade deficit by pursuing new trade agreements with countries he argues are engaging in unfair trade policies, especially China. He's put tariffs on 0 billion of Chinese-made goods this year in an effort to make US-made products more attractive to consumers."It's been such a terrible one-way street with China," Trump told the Wall Street Journal in an interview Monday.Trump and Chinese President Xi Jinping are set to meet Saturday evening for a formal dinner on the sidelines of the G20 meeting in Argentina. It is their only scheduled meeting before the end of the year.White House economic adviser Larry Kudlow on Tuesday dangled the possibility?of a "breakthrough" at the dinner. But Trump escalated tensions earlier in the week, when he repeated a threat to put tariffs on the remaining Chinese goods if a deal can't be reached.The Trump administration argues that China is engaging in unfair trade practices, including intellectual property theft and forced technology transfers. But the Chinese say Trump's unilateral tariffs are bullying.American businesses and lawmakers on both sides of the aisle agree that the China trade issues should be addressed — but not everyone believes that tariffs are the right way. Some manufacturers and retailers say the duties could lead to job losses and higher prices for consumers."It would be hard to argue that (China) has behaved fairly in its trade practices," said Florida Democratic Rep. Stephanie Murphy this week at an S&P Global event in New York."But I think doing it in a multilateral way would have been a better approach," she said.Trump has also imposed tariffs on foreign steel and aluminum this year, in the interest of national security. US steel producers have welcomed the taxes, as they've seen prices for their own products go up. Steel Dynamics, an American producer, announced this week that they would be building a new steel mill in the southwest region of the country, creating 600 new jobs."Steel jobs are coming back to America, just like I predicted," Trump tweeted Wednesday.But American manufacturers that use steel, including automakers, have argued that the tariffs have made the cost of domestic production more expensive. 4055

President Donald Trump's administration plans to propose a new rule Friday that would bar abortions at facilities receiving federal family planning funds, according to two people familiar with the plans -- a move aimed squarely at Planned Parenthood, which accepts some federal money for non-abortion services.Long sought by conservatives, the step would take the administration's push to curtail abortions further. There are already laws in place that prevent federal money from directly funding abortions, but groups like Planned Parenthood still accept federal dollars for services like annual screenings and checkups."This proposal does not necessarily defund Planned Parenthood, as long as they're willing to disentangle taxpayer funds from abortion as a method of family planning, which is required by the Title X law," said a Trump administration official. "Any grantees that perform, support, or refer for abortion have a choice -- disentangle themselves from abortion or fund their activities with privately raised funds."Under the new rule, those services would have to be performed in a different place than abortions, and by different employees, if the facility is to continue receiving federal family planning dollars.Planned Parenthood receives some of its funding from those programs, known as Title X. But the bulk of the federal money it receives comes from Medicaid, and would not be affected by the new rule.The-CNN-Wire 1447

President-elect Joe Biden has marked the 48th anniversary of the accident that killed his first wife and baby daughter by attending Mass at the church where they are buried.Neilia Biden and the couple’s 13-month old daughter, Naomi, were killed when their car was struck by a tractor-trailer as she took the kids to pick out a Christmas tree.Sons Hunter and Beau were seriously injured. They were a year and a day apart in age, at 3 and 4.Joe Biden had just been elected to the Senate and was in Washington setting up his new office at the time of the accident.Biden and his wife, Jill Biden, attended the Friday morning service in Delaware at St. Joseph on the Brandywine, a Roman Catholic church. The campus of the church contains a large parish cemetery. After Mass, the Bidens walked to the gravesite markers to pay their respects. 843

Prior to the shooting at a country music festival in Las Vegas, the term “bump stock” wasn’t a familiar one to most people. Even among gun owners, the devices weren’t big sellers.A bump stock allowed the gunman in the Las Vegas shooting to make a semi-automatic rifle function more like a fully-automatic one by bumping the trigger so that it had a quicker fire.Following the shooting, there was rare bipartisan support to get rid of them. Despite the support, Congress never took action and many blamed the National Rifle Association.However, reports now indicate that the Trump administration will soon outline a federal rule that would officially ban the devices.“I would call it the bare minimum of steps, says Elizabeth Becker, a volunteer with the gun advocacy group Moms Demand Action in Las Vegas.“We do want to see bump stocks regulated, seeing as they create machine guns out of semi-automatic weapons, but there is a lot more to do on this issue.”Becker says she believes more substantive changes to gun laws are coming, thanks to the new Democrats recently elected to the House.But not all gun owners are on board with the proposal."If you're a law-abiding citizen in America and you have a clean record, you should be able to own anything you want," says Mel “Dragon Man” Bernstein, owner of Dragonman gun store in Colorado Springs.Reports indicate the new rule would force owners to turn in or destroy bump stocks within 90 days. 1466

Red Sox pitcher Eduardo Rodriguez is done for the season, following complications from a condition he suffered from the coronavirus. He was diagnosed in early July with the coronavirus.He was set to return to the team by mid-month, however a health screening discovered a heart condition that will sideline Rodriguez for the 2020 season. Rodriguez is 27 years old.The condition is called myocarditis, when the heart becomes inflamed. Inflammation of the heart muscle was recently identified in two studies looking at lingering health effects in coronavirus survivors.Rodriguez did not experience chest pain or any symptoms, according to multiple media outlets.The condition was revealed during an MRI to check his heart following COVID-19.He said the experience was eye opening, but that having a mother who is a nurse has helped put his mind at ease.“The heart is the most important part of your body, so when you hear that — the first time that I heard it — I was kind of scared,” Rodriguez told Mass Live on July 26. “Now that I know what it is, it’s still scary, but now I know exactly what it is. Just talk to my mom, talk to my wife, they know what I have and everything. Now we just gotta take the rest. That’s hard, but you gotta take a rest.''According to the Mayo Clinic, “Myocarditis is an inflammation of the heart muscle (myocardium). Myocarditis can affect your heart muscle and your heart’s electrical system, reducing your heart’s ability to pump and causing rapid or abnormal heart rhythms (arrhythmias).”Rodriguez’s doctors told him that 10-20% of people who have had COVID-19 also have been diagnosed with myocarditis, according to the Associated Press.Rodriguez previously said that his bout with the coronavirus had left him feeling “100 years old” and that it took him about 10 days before he was able to do any light throwing.He said he’s currently not experiencing any COVID-19-related symptoms. 1927