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President-elect Joe Biden made history Tuesday when he received the most votes in a presidential election in U.S. history by surpassing 80 million votes.According to data by the Cook Political Report, Biden received 80,046,072 total votes, the most votes anyone has ever received running for president.The official count from the Associated Press has Biden currently sitting with 79,201,648 votes.On Election Night, Biden broke the record set previously by his former running mate Barack Obama, who earned 69,498,516 votes in 2008, the New York Times reported.According to the Cook Report, Trump received 73,878,907 total votes, which is the most ever for a Republican candidate, as well as the most ever for a presidential loser, the AP reported. 755

President-elect Joe Biden has spoken by phone with Pope Francis as he continues to talk with leaders around the world.Biden’s campaign said in a statement that the president-elect thanked the pontiff for “extending blessings and congratulations and noted his appreciation” for Francis’ “leadership in promoting peace, reconciliation, and the common bonds of humanity around the world.”Biden also said he’d like to work with the pope to further “a shared belief in the dignity and equality of all humankind on issues such as caring for the marginalized and the poor, addressing the crisis of climate change, and welcoming and integrating immigrants.”Biden is just the second Catholic to be elected president in U.S. history, and the first after John F. Kennedy. He has spoken openly about the importance of faith in his life and attends Mass near his home in Wilmington, Delaware, nearly every week.Biden has spoken this week with several foreign leaders, including British Prime Minister Boris Johnson, French President Emmanuel Macron and German Chancellor Angela Merkel. 1080

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 still plans to withdraw the United States from the Paris climate agreement unless there are major changes made to the carbon emissions pact, the White House said Saturday.The statement came after a European diplomat told reporters that a Trump administration envoy appeared to signal a softening stance during a meeting of climate ministers in Montreal, Canada.A major point of contention between the United States and its global allies, the Paris climate accord issue reappeared just as Trump was set to make his major diplomatic debut at the annual United Nations General Assembly in New York next week. 636

Price gouging continues to be a problem for Amazon shoppers, according to the U.S Public Interest Research Group (PIRG).A consumer watchdog says the price spikes are not based on normal supply and demand.“People are really struggling right now, and the last thing that they need to worry about is going to the store or going online and finding the products that they really need to keep themselves safe at ridiculous prices,” said Grace Brombach, a consumer watchdog associate with U.S. PIRG.U.S. PIRG found a wide range of products can cost two to 14 times more. For example, disinfecting wipes cost nearly on amazon, compared to about at other stores.They suggest making sure you know the average price and shopping around.As part of the HEROES Act, Congress passed price gouging legislation.Some states have bills to further define emergency products to fight price spikes. Still, U.S. PIRG expects this problem to continue.“We see situations like this come up in hurricanes and tornadoes, when people need to buy space heaters and electric lamps,” said Brombach. “And so, this will continue to be a problem going into the future if we don't address this issue now.”Early on in the pandemic, Amazon removed thousands of listings and third party sellers from its website for suspected price gouging.In August, Amazon said it was working to maintain its “fair pricing policy” while taking reasonable increases into account. 1439