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BEIJING (AP) — The prospects for a preliminary breakthrough in the U.S.-China trade war improved Thursday after the two sides agreed to reduce some punitive tariffs on each other's goods, though the full extent of the rollback wasn't clear.A Chinese spokesman announced the development Thursday as talks on ending the trade war progressed, and it triggered a rally in U.S. stock markets.A U.S. private sector analyst with knowledge of the talks said there are still deliberations in the White House about how far to roll back the duties and what steps China must take before the reductions would occur. The analyst spoke on condition of anonymity because he wasn't authorized to discuss the talks publicly.The ongoing talks are aimed at working out details of a "Phase 1" deal that was announced Oct. 12. Financial markets had been rattled by reports that China was pushing for tariffs to be lifted, which posed the prospect of a breakdown in talks.Negotiators agreed to a "phased cancellation" of tariff hikes if talks progress, said a Chinese Commerce Ministry spokesman, Gao Feng, early Thursday."If the two sides achieve a 'Phase 1' agreement, then based on the content of that agreement, tariffs already increased should be canceled at the same time and by the same rate," Gao said at a news briefing.As for the size of reductions, Gao said that would depend on the agreement."We can be cautiously optimistic here," said Mary Lovely, a trade economist at the Peterson Institute for International Economics in Washington. "The signals that are coming out are moving in the right direction for a deal."The two sides are aiming to finalize the agreement by the end of next week, the private sector official said. President Donald Trump and China's President Xi Jinping would still need to agree on where and when they would formally sign the pact.As part of the agreement, the Trump administration would withdraw threatened tariffs that it planned to impose Dec. 15 on about 0 billion in Chinese imports, the source said. Those duties would cover smartphones, laptops and other consumer goods.Still unresolved is whether and how much to reverse the tariffs that were imposed Sept. 1 on 2 billion of Chinese imports, the private sector analyst said."The White House never speaks with one voice," Lovely said.On Wall Street, stocks closed at new highs in the wake of the encouraging report from Beijing but shed some of their earlier gains after reports emerged of dissension within the White House over the idea of lifting tariffs. The Dow Jones Industrial Average rose 182 points to a record 27,675.Governments of the two biggest global economies have raised tariffs on billions of dollars of each other's goods in the fight over China's trade surplus and technology ambitions. That weighs on trade worldwide and threatens to depress corporate earnings and global economic growth, which is already showing signs of slowing.The Oct. 12 agreement was modest, and details have yet to be put on paper, but it was welcomed as a sign of progress toward ending the trade war.Lovely said that the agreement would help U.S. farmers and manufacturers — constituencies important to Trump in the 2020 election."It makes a lot of sense politically and economically for the president to say this is enough," she said.U.S. business groups largely praised the outline of the pact, saying that it would make progress in opening up China's market to foreign investment and to U.S. financial services companies."It's a step in the right direction," said Jake Parker, senior vice president of the U.S.-China Business Council. "It also builds momentum to tackle all the more difficult issues."The trade war has taken a toll on the U.S. economy. The Port of Los Angeles said Thursday that last month it handled 20% less cargo than the same month a year earlier. Exports have fallen for 12 straight months.Businesses have cut back on their spending on industrial machinery and other equipment amid the uncertainty created by the trade war. Those cutbacks have hurt U.S. factories and slowed annual growth to 1.9% in the July-September quarter from 3.1% in the first three months of the year.Trump agreed to postpone a planned tariff hike while lower-level officials hammered out details.Trump said China agreed to buy up to billion of American farm goods. Beijing has yet to confirm the scale of its commitment.China's imports of American soybeans and other goods tumbled 26.4% in the first nine months of this year following tariff hikes and orders to importers to find other suppliers.The Oct. 12 agreement helped to ease financial market jitters, but the two sides have yet to report progress on major disagreements over technology and other irritants following 13 rounds of talks.Trump and Xi were due to meet at this month's gathering of Asia-Pacific leaders in Chile but that event was canceled due to protests there.That dampened hopes a face-to-face meeting might produce progress. But U.S. officials say the two governments are looking for a different location.U.S. Commerce Secretary Wilbur Ross said this week any "Phase 1" agreement would be general and cover trade in specific areas such as soybeans and liquefied natural gas.More complicated issues would be tackled in later negotiations, Ross said. He gave no indication whether rolling back tariffs was a possibility at this stage.___Rugaber reported from Washington. 5430
Because obesity is a high-risk factor for COVID-19, there’s been an increased interest in bariatric surgery during the pandemic.Now, there's some evidence the procedure does in fact lower a person's risk of severe symptoms.“When the metabolic profile of the patients improve, patients are getting healthier and seem like they can fight the virus stronger and their outcomes are going to be better,” said Dr. Ali Aminian, Director of the Bariatric and Metabolic Institute at the Cleveland Clinic.The Bariatric and Metabolic Institute identified patients who had weight loss surgery prior to getting COVID and matched them against a control group of obese patients who also got COVID-19. Only 18% of those who had surgery were hospitalized with COVID-19, compared to 42% of the obese patients.None of the people in the surgery group ended up in the ICU, on a ventilator or died. Some in the obesity group did.Doctors believe because they had surgery, that group was healthier.Aminian says the number of bariatric patients at the Cleveland Clinic is almost double what it was last year. He stressed it’s a very safe, but not simple procedure.“It's a tool. It's a very safe tool. It's a very effective tool,” he said. “We help them in the journey, but patients need to use the tools to succeed.”Bariatric surgery candidates meet with a dietitian, psychologist, regular doctor and surgeon both before and after surgery.Despite the evidence of weight loss and surgery improving numerous conditions, access is still an issue. Even those with insurance may still only get a portion of the surgery paid for. 1606
Because of the coronavirus pandemic, millions of people have not had to repay their federal student loans.Well, that's about to change when the administrative forbearance ends on Dec. 31.According to Federal Student Aid, your monthly payments will resume at a new amount when the forbearance ends."The 0% interest period and administrative forbearance are currently set to expire on Dec. 31, 2020," FAFSA officials stated on the FAQ. "Your servicer will contact you ahead of time to remind you that you will need to start making payments again. Make sure your contact information is up to date in your loan servicer account profile."So what exactly does it mean for you once the forbearance ends?It means borrowers will start getting billed sometime in January, and if you're in default, you'll be subject to wage garnishments, tax refund seizures, and offsets of Social Security benefits.If you think you won't be able to start repaying your loans, you have options.According to Nerd Wallet, if you can't pay the monthly payments, you can apply for an income-driven repayment plan to avoid default.Another option that could help is to pause payments through forbearance or an unemployment deferment, Nerd Wallet stated.This would halt your costs, but you'd be accruing interest during the pause. You can ask to make interest-only payments, so you don't have to owe more than you already do. 1399
Bowe Bergdahl received a dishonorable discharge from the US Army but will avoid prison time for desertion and misbehavior before the enemy after abandoning his outpost in Afghanistan in 2009, a military judge ruled Friday.The judge also ruled that Bergdahl's rank be reduced from sergeant to private. Additionally, he will be required to pay a ,000 fine from his salary for the next 10 months."Sgt. Bergdahl has looked forward to today for a long time," Eugene Fidell, Bergdahl's civilian attorney, said at a news conference after the sentence was announced."As everyone knows he was a captive of the Taliban for nearly five years, and three more years have elapsed while the legal process unfolded. He has lost nearly a decade of his life."The sentence is effective immediately, except for the dishonorable discharge, which Bergdahl is appealing, according to Fidell.Bergdahl appeared visibly shaken as the sentence was announced, according to CNN affiliate WRAL. Two of his attorneys stood by his side with their hands on his back while the judge, Army Col. Jeffery R. Nance, read the sentence.The Army soldier, whom the Taliban held for five years after he deserted his Afghanistan outpost, pleaded guilty last month to the charges.Bergdahl was released in May 2014 in a controversial exchange for five Guantanamo Bay detainees.He originally faced the possibility of life in prison, but the prosecution asked the judge for a 14-year sentence. Bergdahl's attorneys asked Nance for a punishment of dishonorable discharge.Bergdahl had chosen to be tried by a military judge instead of a jury.Defense: Bergdahl 'should not have been in the Army'Bergdahl's attorneys asked the judge for leniency during sentencing hearings, arguing he had a previously undiagnosed mental illness when he left his post."Hypothetically, he probably should not have been in the Army," said Capt. Nina Banks, one of his military defense attorneys, in her closing argument.Bergdahl suffered from numerous mental illnesses, including schizotypal personality disorder and post-traumatic stress disorder, according to Dr. Charles Morgan, a forensic psychiatrist and professor at the University of New Haven and Yale University. He testified for the defense Wednesday.Morgan said Bergdahl was raised in a tense and sometimes scary household that contributed to social anxiety and cognitive defects that he was suffering from before he enlisted in the Army.The defense also argued the information Bergdahl was able to provide upon his return -- and his willingness to share that information and cooperate with investigators -- warranted a more lenient sentence.Prosecution: Bergdahl put soldiers in dangerBut government prosecutors said Bergdahl was aware of the risks when he deserted, and that doing so put his fellow soldiers in danger.Soldiers who searched for Bergdahl after he deserted were called to testify and shared stories of the grueling conditions they endured while looking for him.One witness, Capt. John Billings, was Bergdahl's platoon leader in Afghanistan. Billings said the platoon searched for the then-private first class for 19 days, going without food or water.Retired Navy SEAL Chief Petty Officer James Hatch testified that he and his dog came under fire while looking for Bergdahl. He was shot in the leg, and his K-9 partner, Remco, was shot in the face and killed."I thought I was dead," said Hatch, who now walks with a heavy limp after 18 surgeries. He said he was concerned because there was little time to plan the search for Bergdahl, and other soldiers knew he had willfully walked away.When asked why he would go searching for Bergdahl, Hatch said, "He is an American.""He had a mom," he added.Bergdahl tearfully apologized this week to the service members who searched for him."My words can't take away what people have been through," he said. "I am admitting I made a horrible mistake."Lawyer: Trump's remarks 'preposterous'Following the sentencing, President Donald Trump tweeted that the decision was a "complete and total disgrace to our Country and to our Military."Fidell denounced the President's comments, saying "every American should be offended by his assault on the fair administration of justice and his disdain for basic constitutional rights."Bergdahl became a political talking point in 2014 after President Barack Obama's administration traded five detainees at Guantanamo Bay in exchange for his release.In February, Bergdahl's defense team argued he was unable to have a fair trial after Donald Trump became president because of comments Trump made on the 2016 campaign trail.During the campaign, Trump called Bergdahl a "dirty, rotten traitor" and said he "should be shot" for deserting his post. "In the good old days, he would have been executed," Trump said.Bergdahl's attorneys argued that the comments, as well as critical words from Sen. John McCain, violated his right to due process. But Col. Nance ultimately ruled against dismissing the charges, saying that while Trump's comments were "troubling," they did not constitute a due process violation."Trump -- when he was a candidate, of course -- made really extraordinary and reprehensible comments targeted directly at our client," Fidell said Friday. "It's one of the most preposterous state of affairs that I can think of in American legal history."Investigator said jail time would be 'inappropriate'Since his return home to the United States, the 31-year-old from Idaho has been the subject of scrutiny while the US military investigated his decision to leave his post.Bergdahl has said he abandoned his post because he wanted to travel to a larger base to report "a critical problem in my chain of command," though he did not specify what the problem was.He was charged with desertion and misbehavior before the enemy in March 2015.Kenneth Dahl, the Army general who led the investigation into Bergdahl's actions and interviewed the soldier for a day and a half, previously testified in a preliminary hearing that jail time would be "inappropriate."During his time in captivity, Bergdahl said he was tortured, beaten and spent months chained to a bed or locked in a cage while his health deteriorated. For five years, he said, he was completely isolated, had no concept of time and was told he would be killed and never see his family again. 6344
BERKELEY, Calif. (AP) — For tens of thousands of children in California, the biggest monsters this Halloween are wildfires that have thrown trick-or-treating into disarray.Nancy Metzger-Carter and her family have been in a San Francisco hotel since Saturday when a blaze in Sonoma County wine country forced them to evacuate their home in the small community of Graton.Every day, her 11-year-old daughter and 7-year-old son worriedly asked how they would still have Halloween because they left their costumes behind."We were like, 'No matter what, you're gonna have a Halloween. We're gonna figure it out,'" Metzger-Carter said Wednesday.Her son, who was going to be a ninja, settled for a SWAT officer costume they found at Target. Her daughter and her 10-year-old friend, whose family also evacuated, went to the Love on Haight boutique in the city's famed Haight-Ashbury neighborhood to put together hippie costumes."The people were so sweet to them. They found pants that will fit them. They were helping to cut them," Metzger-Carter said.Many families who live in and around wine country north of San Francisco have no neighborhood to bring their kids to collect candy because they're coming home to destruction, are still under evacuation orders or facing lingering power outages meant to prevent electrical equipment from starting fires in windy weather.And kids on the other side of San Francisco Bay, southeast of the Sonoma County blaze, are seeing Halloween plans literally go up in smoke."Today at work, our lunch conversation was: 'What are you going to do for Halloween if the air is not good?" said Hillary Sardinas, a field biologist in the Bay Area city of Albany. "It's obviously not the biggest issue with the fires. You care about people being safe. But yeah, it's potentially a lot of disappointed kids."Some parents like Sardinas may throw a Halloween party instead. She and her husband would host their daughters' preschool classmates with candy, a pinata and a movie if trick-or-treating isn't an option.If the air quality is acceptable, the couple will take their children out, likely wearing masks and for a shorter amount of time close to home.Smoke and poor air quality became too much for Traci Moren, an acupuncturist who lives in Berkeley. She decided to take her sons, ages 9 and 4, out of school and stay with a friend in Santa Barbara.Last year, they left town around Thanksgiving because of a wildfire. This time, they left Wednesday to make it in time for trick-or-treating, which is a "much bigger deal" to her oldest son."He was pretty upset when I told him we might not be able to trick-or-treat. His best friend already left town," Moren said. "I just want to make sure there's a way to make it happen."Moren's older son goes to a school with an annual Halloween parade. Around 400 costumed students walk around the playground and then around the block, Washington Elementary Principal Katia Hazen said. It ends with a dance party on the playground.The school considered having the parade through the hallways and stairs because of smoke but decided to go ahead with the usual outdoor plans Thursday.The so-called Kincade Fire in Sonoma County has burned 120 square miles (310 square kilometers), destroyed more than 140 homes and forced more than 180,000 people to evacuate at its height. It's more than halfway contained, and most people have returned home. Despite widespread blackouts by the state's largest utility, electrical equipment that wasn't shut off may have ignited the flames last week.Strong winds also have whipped up wildfires in Southern California, destroying houses, forcing people to flee and leading utilities to cut power.In Sonoma, which was hit hard by the fire, the Boys & Girls Clubs of Sonoma Valley's main location will be open until 5 p.m. on Halloween, even to kids who aren't members. Clubhouse director Jonathan Antimo is expecting more than 100 children.The clubhouse will host a mini Halloween carnival with a costume contest, a doughnut-eating contest, "spooky tag" and movies. They also will let kids trick-or-treat room to room."We're going to try to keep the Halloween spirit alive and keep the kids happy and the fire out of their minds," Antimo said.Planning the festivities has kept his staff from feeling stuck at home and stressing about the wildfire."Our team is just really excited to help. They all jumped at the offer to come in and work," Antimo said.Parents can go to Airnow.gov to look up the air quality index by city, said Mary Prunicki, director of air pollution and health research at Stanford University's Sean N. Parker Center for Allergy and Asthma Research. If it's above the yellow level of "moderate," which is still considered acceptable, children should stay indoors."If you still want to trick-or-treat, perhaps alternatives such as trick-or-treating at an enclosed apartment complex or senior facility or mall should be considered," Prunicki said by email.Even children wearing masks shouldn't stay outside for too long, she added.Metzger-Carter said she's grateful her children will still have a Halloween, even if it's trick-or-treating away from home."We're so fortunate to be able to be at a hotel and to be able to purchase a costume," Metzger-Carter said. "Honestly, these disasters hit vulnerable populations so much more than people like us who can choose to stay at a hotel another night." 5416