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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
Republican Congressman Duncan Hunter won re-election in the 50th Congressional District, despite facing federal charges of campaign fraud. With 100 percent of the precincts reporting, Hunter had just over 54 percent of the vote against Democrat Ammar Campa-Najjar."He's strong on the 2nd Amendment, he's strong on our defense, he's very pro-military," said Dan Summers, a Ramona resident who voted for Hunter and celebrated at his campaign event Tuesday night. Hunter did not make himself available to the media, and in a statement said he looked forward to representing the 50th Congressional District on issues that matter to them."For 10 years, I have consistently and unapologetically focused on rebuilding the military, protecting the border, which includes a border wall, cutting taxes, supporting our veterans, creating small business jobs and economic development, upholding the 2nd Amendment and protecting the sanctity of life," Hunter said in the statement. Hunter's statement did not address the criminal charges, which he and his wife Margaret pleaded not guilty to in Federal Court earlier this year. The two are accused of misusing 0,000 in campaign contributions and falsifying reports. Still, if convicted, there is no rule in the House that Hunter would have to give up his seat. Expulsion requires a two-thirds vote, which would require Republican votes.Political analyst John Dadian says he sees Hunter fighting to keep his seat. "Technically he could still serve, and technically he could still serve from a jail cell," he said. "For example, he were to only get one year he could technically stay in and when he gets out in a year have a year left on his term."Under California law, the governor would have 14 days to set an election date for a vacant House seat. That would happen between 126 and 140 days later, or with the next regular election, if it's within 180 days. The Hunters are due back in court Dec. 3. 2005

President George H.W. Bush, 93, was hospitalized Sunday morning, less than one day after his wife's Barbara memorial service, a Bush family spokesperson said on Monday. "President Bush was admitted to the Houston Methodist Hospital yesterday morning after contracting an infection that spread to his blood," Bush spokesman Jim McGrath said. "He is responding well to treatments and appears to be recovering." Bush's wife of 73 years Barbara Bush died last Tuesday after a period of failing health from COPD and heart disease. President Bush was present on Saturday at his wife's memorial service, which was attended by former Presidents Bill Clinton, George W. Bush and Barack Obama. Bush has had several recent spells of poor health. In April 2017, Bush had an extended hospital stay after suffering from pneumonia. Earlier in 2017, Bush was unable to attend President Donald Trump's inauguration due to treatment for a blockage from his lungs. Bush also has a mild form of Parkinson's Disease, which has kept him in a wheelchair since 2012. Bush is the oldest former President ever at age 93 years and 315 days, which is 111 days older than Jimmy Carter, and 150 days older than when Gerald Ford died in 2006. 1254
President Donald Trump was asked on Wednesday if he would commit to leaving office peacefully in January if he loses to Joe Biden in November.Trump’s response:“We're going to have to see what happens, you know I have been complaining very strongly about the ballots. And the ballots are a disaster,” Trump said.When pressed to elaborate, Trump added, "We want to get rid of the ballots, we'll have a very peaceful -- there won't be a transfer, frankly, there will be a continuation."Last week, Joe Biden said during a CNN town hall that he would accept the outcome once the full results are counted.“I mean, he never think -- can anybody any of you or history majors out there think of any president who said early on, ‘I'm not sure I'm going to accept the results of the election. It depends,’” Biden said. “I mean what's happened to us in this case, it's not who we are. This is not what America is. No presidents ever said anything like that.Trump has expressed doubt in mail-in voting during the 2020 election cycle, claiming that mail-in voting is prone to fraud. But many states, some of which are led by Republicans, are ramping up mail-in voting efforts. Proponents of mail-in voting say that it is a safer alternative than in-person voting given the coronavirus pandemic.Meanwhile earlier this month, US Attorney General William Barr said that voting by mail is “playing with fire.”“We're a very closely divided country here,” Barr told CNN’s Wolf Blitzer. “And if people have to have confidence in the results of the election and the legitimacy of the government and people trying to change the rules to this, to this methodology, which as a matter of logic is very open to fraud and coercion, is reckless and dangerous. And the people are playing with fire."While there is scant evidence of widespread voting fraud in past elections, there are questions on the US Postal Service’s ability to return ballots in time to be tabulated.In Florida, Volusia County Elections said more than 1,000 ballots that should have been counted for last month’s primary did not arrive on time. There were 1,281 ballots postmarked the day before Election Day, but election officials received them too late to be counted.Yesterday, the FBI issued a warning that cybercriminals and foreign governments were working to sow distrust in the upcoming election process.According to the FBI, “Foreign actors and cybercriminals could create new websites, change existing websites, and create or share corresponding social media content to spread false information in an attempt to discredit the electoral process and undermine confidence in U.S. democratic institutions.”Beyond attempts to influence the vote, the FBI says these actors are attempting to sow distrust in the electoral system. The FBI in particular warns that cybercriminals could take advantage of the likelihood several states will need additional time to count ballots due to increased mail-in voting and social distancing protocols. While a delay in results does not indicate any wrongdoing, the FBI warns that foreign actors could attempt to spread misinformation to cause distrust in the system while votes are being tallied. 3187
Regardless of where you come down on the issue, the Oklahoma teacher walkouts have left working parents trying to come up with solutions for what to do with their kids now for almost two weeks.“It’s been very stressful,” said parent Lindsay Seal. “It is kind of hard to plan because you don’t know one day to the next.”Seal says she’s been getting updates from her son’s Jackson’s school in the form of a message on an app his teachers use. But the updates on whether school will remain closed for the next day don’t usually come until the night before.“We’ve had babysitters; we’ve hung out with grandparents,” Seal said, adding that it’s been tricky finding a place where her son Jackson can have fun and learn at the same time.Her solution for two days this week: the zoo.The Oklahoma City Zoo has traditionally operated day camps during summer months or on those certain school holidays when working parents don’t always have the day off. Deciding to run it during the walkout was a no-brainer for Amy Stephens, who is the zoo’s education supervisor.“We immediately knew there was a need,” Stephens said. “We had to pull the staffing together of course. But we have some wonderful people that worked our summer camp programs and out day camps throughout the year, and so they just jumped in.”Stephens says they have a different theme every day. On the day we stopped by, elementary students were learning about reptiles and getting to touch a blue-tongued skink, a type of lizard.“We are very education-driven, so we have a different theme every day,” Stephens said. “It might be meerkats or owls, or birds in general.”Signing up for a day at the zoo is for the day. But it’s far from the only education-focused option parents have.Science Museum Oklahoma has also been doing day-long camps for students at a similar price where kids can learn about the basics of chemistry, the solar system, even prehistoric fossils.For a cheaper option, parents can utilize the Boys and Girls Clubs of Oklahoma County for five dollars a day. Typically focused on after-school programming, the clubs have been open each day of the walkouts starting first thing in the morning.“We’re doing a lot of academic work knowing that when they get back to school they’re likely to have to do their state testing,” said Jane Sutter, CEO and president of Boys and Girls Clubs of Oklahoma County. “So we don’t want them to get rusty on those things.”Club staff have even been given lesson plans from some of the public schools.“Obviously it’s not a full day of school. They’re missing opportunity, and we’re sad about that,” Sutter said. “But we want to make this the best experience we possibly can for them.”Fourth and fifth graders at the clubs were playing U.S. geography trivia when we stopped in, while older students were learning about math through a web-based program called Prodigy.The city’s public schools system has also been sending out buses to various locations, including the Boys and Girls Clubs, and handing out sack lunches so the out of school kids that normally rely on the free school lunches won’t go hungry.Representatives at both the zoo and the Boys and Girls Clubs tell us they’ll continue their programs for as long as teachers remain out of the classrooms.The parents we spoke to admit that having to keep their kids occupied while they're at work is an inconvenience but told us that if it means a better education for their kids in the long run, it's a small sacrifice they're willing to make. 3519
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