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The Trump administration plans to raise pending tariffs on 0 billion in Chinese goods to 25% from 10%, a source familiar with discussions confirmed to CNN.The news was first reported by Bloomberg.The move, which is not finalized and could change, according to the source, comes as the United States and China remain locked in a trade war. Talks between US and Chinese officials have done little to ease tensions.The United States has already imposed 25% tariffs on Chinese goods worth billion. China immediately responded with its own tariffs on US goods worth billion.A second round of tariffs on products worth billion could take effect as soon as this week.US Trade Representative Robert Lighthizer earlier this month ratcheted up tensions when he released a list of thousands of additional Chinese exports worth 0 billion that could face 10% tariffs after a public comment period. It included fruit and vegetables, handbags, refrigerators, rain jackets and baseball gloves.Those tariffs, which might now be steeper, could go into effect as soon as September. 1108

The stock market is still sinking but the selling frenzy has eased just a bit.The Dow opened down about 100 points on Thursday morning, rebounding from sharp overnight losses. The Nasdaq started positive before slipping back into the red. The S&P 500 lost about 0.6%.Wall Street is attempting to recover from Wednesday's plunge, which wiped 832 points off the Dow. The Nasdaq in particular has gotten rocked in recent days. Investors have bolted from the index, which contains many tech stocks, because they are concerned about holding some of the market's riskiest stocks in a downturn. A proxy for the tech sector had its sharpest plunge in seven years on Wednesday.The S&P 500 was on pace for its sixth-straight decline, something that hasn't happened since just before President Donald Trump's election nearly two years ago. And the Nasdaq has already plunged 8% this month."Halloween started early this month for investors," Ed Yardeni, president of investment advisory firm Yardeni Research, wrote to clients.Concerns about inflation were eased a bit by a report released on Thursday that showed consumer prices rose in September less than feared.Still, tech stocks including Amazon and Apple lost ground in early trading. Square (SQ) slumped 6% after announcing the departure of its chief financial officer. But other tech stocks showed signs of life. Netflix and Twitter were trading flat to slightly higher.Stocks have turned sharply south because investors are increasingly concerned about rising interest rates. As the Federal Reserve raises rates to prevent runaway inflation, investors have been getting out of bonds, driving down their price and driving up their yields. Suddenly, the return on bonds has become competitive with some stocks — particularly risky tech stocks.Rising interest rates also increase borrowing costs for households and businesses, eating into corporate profits. America's increasing debt load, a trade war with China and a slowing global economy have also unnerved investors.Wednesday's "rout has shaken investor confidence," Nicholas Colas, co-founder of DataTrek Research, wrote to clients. "That will take time to rebuild."The Dow plunged 832 points, or 3.2%, on Wednesday. Tech stocks took a beating, sending the Nasdaq tumbling 4% — its worst day since the Brexit referendum of June 2016.That dragged down stock indexes in the United Kingdom, Germany and France on Thursday, all of which fell more than 1%. Benchmark indexes in Shanghai and Tokyo closed down 5.2% and almost 4%, respectively. Hong Kong's market was down over 3%.The S&P 500's 3% plunge on Wednesday was rare. It's only happened in 0.6% of all trading days since 1952, according to Bespoke Investment Group.The good news is that the market often springs back to life after such a deep sell-off. Bargain hunters scoop up beaten-down stocks and calmer heads prevail. On average, the S&P 500 has gained 0.4% the day after a 3% slide, Bespoke said.That's what happened in February after the S&P 500 twice suffered 3% drops caused by fears about rising bond yields. Both sell-offs were followed by rebounds of more than 1% the next day.But Yardeni is optimistic the market will rebound because corporate profits are robust and no recession is in sight."We remain bullish on the outlook for earnings, and expect the market to recover and make new highs going into next year," Yardeni wrote.The-CNN-Wire 3435

The Senate approved Mike Pompeo's nomination as the next secretary of state on Thursday, installing the former CIA Director as the nation's top diplomat at a time when several high stakes negotiations are underway around the globe.The vote was 57-42.Present Republicans approved Pompeo. In addition, independent Sen. Angus King of Maine had also announced his support as have several Democrats: Sen. Joe Manchin of West Virginia, Doug Jones of Alabama, Heidi Heitkamp of North Dakota, and Joe Donnelly of Indiana. 521

The ratings for Anderson Cooper's exclusive interview with Stormy Daniels won't be available until Monday afternoon.But the outpouring of reactions suggest that her account of an alleged affair with Donald Trump in 2006 captivated viewers across the country.Several hours after the interview was broadcast, Daniels' name was still the No. 1 trending topic in the U.S. on Twitter. The adult film star was also a trending topic on Facebook.The sexual encounter allegedly happened a decade before Trump was elected president. But the apparent cover-up is much more recent."For us, it wasn't so much 'there was an affair.' That's not as much the headline. For us, it's everything that has happened since and how we've gotten to this point," Cooper said in an interview for CBSNews.com about his sit-down with Daniels."I think there's more to come on this story. I'm not saying necessarily on Stormy Daniels' aspect of the story, but on the methods that were used to keep her silent," Cooper told CBSNews.com. "If Stormy Daniels' story is true that a thug came up to her in a parking lot in Las Vegas in 2011 -- this is long before Donald Trump was a presidential candidate -- I mean, if somebody is using intimidation tactics, physical intimidation tactics, it's probably not the first time they've done it. So that's a potential story I would imagine people would look at: Has this kind of thing happened before? And I don't know the answer to that."The porn star's media-savvy attorney, Michael Avenatti, bluntly told Cooper, "This is about the cover-up."Sunday's "60 Minutes" broadcast marked the first time that Daniels described an alleged threat made in 2011, a few weeks after she agreed to tell a tabloid magazine about the alleged affair. (The magazine story wound up being nixed.)On the East Coast, the "60 Minutes" broadcast was delayed by an NCAA basketball game. But once the broadcast began, there was a mixture of shock, revulsion, and snark on social media -- as well as sex jokes.Some critics reacted by saying "there was no news" in the interview. But the interview itself was news -- representing Daniels' first time speaking on camera about the alleged affair, the hush money, and more. And there were new details about the alleged threat, plus her motivations for breaking her silence.Avenatti tweeted afterward: "Any claim that 'There was nothing new other than the details of the threat' is not only false but is also similar to asking 'Other than the short interruption Mrs. Lincoln, what did you think of the play?'"Daniels told Cooper that Avenatti advised her not to share any texts, photos, or other evidence of the affair for now.It "would be foolish" to share the evidence now, Avenatti tweeted. He added: "Tonight is not the end -- it's the beginning."The two-part "60 Minutes" story focused on the alleged cover-up and the possible campaign finance law violations."The Stormy Daniels story is certainly about sex but it's also -- and more importantly -- about financial and emotional intimidation," Margaret Sullivan wrote in a column for Monday's Washington Post."The ultimate verdict" on Cooper's interview "will be whether viewers accept his claim that this is serious news," Politico's Michael Calderone wrote.On cable news and on Twitter, there was lots of chatter about whether Trump would join the conversation by tweeting or saying something about the scandal.CNN's Kaitlan Collins reported on Sunday that Trump is irked by what he sees as wall-to-wall coverage of Daniels' claims.New York Times correspondent Maggie Haberman, who doubles as a CNN analyst, commented on Twitter that a standout part of the interview was Daniels' assertion that she was not attracted to Trump. Daniels referred to the relationship as a "business deal."Haberman said Trump "was incredibly proud of the 'Best Sex I Ever Had' NY Post front page" from decades ago. So Daniels' dismissive attitude "won't sit well."  3942

The US Forest Service hopes families will want to end 2020 with a live tree, preferably one cut from a national forest.Cutting down a Christmas tree is a tradition for many, and a healthy tradition for the forests as smaller trees get thinned out.“By cutting your own tree, you take an active part in managing your national forests,” according to the US Forest Service webpage.Tree hunters should look for an area of tightly-knit, dense trees and pick one from there. This will in turn give the surrounding trees more space to grow, Hillary Santanez, recreation event coordinator with the White River National Forest, explained to KMGH.Thinning the forests in this fashion reduces competition for resources and nutrients so the other trees can grow stronger and healthier, Santanez said. It also helps the trees handle stressful environmental situations, such as drought. In addition, thinning dense forests can help with wildfire mitigation.Families who have a fourth or fifth grader can get a free permit from the Every Kid Outdoors initiative through the US Forest Service. Otherwise, permits to cut down a tree in a national forest run to depending on the park. Permits are required. All permit sales are online for 2020, along with maps, how to select a tree, guidance for cutting it down and safety reminders. Like, dressing for the cold, possibly dark and snowy forest conditions. The different parks have different rules about where a Christmas tree can be cut down from, usually it has to be about 200 feet from roads and campgrounds."You want to make sure that you're not trespassing on private property, so going onto our website and downloading a map is essential so that you can make sure that you're staying on forest land because a lot of the forest land, especially in the Front Range area, is really adjacent to private property, and you have to make sure that you're following the law while you're up there," Pike and San Isabel National Forests and Cimarron and Comanche National Grasslands Public Affairs Officer Crystal Young told KOAA News.There are height and trunk size requirements as well to make sure tree hunters are taking the smaller trees to help thin out forests. Find details on the US Forest Service website. 2258

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