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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
BRIDGEPORT, Calif. (AP) — Avalanche debris was spotted during a search for a missing Marine who failed to return from a backcountry skiing trip through the Sierra Nevada, California authorities said Sunday.First Lt. Matthew Kraft began trekking the rugged Sierra High Route on Feb. 23 and was scheduled to complete it Monday or Tuesday near Bridgeport, northeast of Yosemite National Park.The search on Sunday will primarily be air-based because "ground searching has proven to be too dangerous due to snow instability and avalanche concerns," the Inyo County Sheriff's office said in a statement. Much of the area was deemed impassable because of heavy snow and rock falls, the statement said.RELATED: Marine on ski trip to Sierras reported missingSearchers on Friday located a Jeep that Kraft parked at the start of his trip near Independence, about 130 miles (209 kilometers) south of Bridgeport, Inyo County Sheriff's spokeswoman Carma Roper said Saturday.Crews from local, state and federal agencies were searching a 400-square-mile (1,036-square-kilometer) area from Yosemite down to Sierra and Inyo National Forests and Kings Canyon National Park, Roper said.A series of winter storms has dumped record amounts of snow in the Sierra and led to avalanche warnings in the backcountry.Kraft is an infantry officer who received survival training in the field, military officials said. 1395
BOULDER, Colo. -- Ashley Patchen is the studio owner of Alchemy of Movement. The tag line of the adult dance fitness studio is "Dance for Joy." It’s something she communicates daily through movement and her personality.As fun as running a dance studio may be, she’s had a lot of weight on her shoulders the past five months trying to keep her studio alive during a pandemic.“I knew that if I closed completely, I’d be letting a lot of people down,” Ashley Patchen said.When everything shut down across the nation in mid-March, it only took Patchen four days to start offering virtual dance classes.“I bought some teachers speakers for their houses, I gave people laptops, and I probably spent a full month trying to get the audio right.”All was donation-based, but Patchen says they were able to make about 70% of their normal revenue thanks to some generous people.“Some were in the form of people coming regularly and paying a class instead of . Or some of our teachers were going to each other’s classes and paying for those classes. And some of the teachers were donating their payroll back to the studio. And we had a few clients who donated large chunks,” Patchen said.Sarah Hershey who donated a lot of money says Alchemy of Movement has been a God-send in her life.“Years ago my grandma, when she passed away, left me a pretty sizeable amount of money that I always felt kind of guilty just being handed to me. So this kind of felt like a good opportunity to pay it forward and help people that I love and a place that I love in a way my grandma helped me,” Hershey said.So Patchen was able to continue offering virtual classes for two-and-a-half months. Then in May, when many of the quarantine restrictions were lifted in the state of Colorado, Ashley, dancers and instructors like Bethany Wilcox were eager to start in-person classes again.“It’s amazing. It’s just an awesome amount of energy that just infuses everything,” instructor Bethany Wilcox said.A majority of classes were shifted outside and boxes were drawn to ensure a 6-foot distance between people. Patchen was able to start charging for in-person classes again. But the donation-based virtual streaming continued for those who still felt it necessary to stay home.“I knew about half of our clients at least were not going to be coming in,” Patchen said.This month, Patchen was surprised to find out revenue has surpassed what it usually is in the middle of summer.“Usually our summers are like the slowest ever. And now that we’re doing the outdoor classes, everyone is like ‘yayyy, I love being outdoors! I love dancing! This is the best thing ever!’ So it’s actually worked out really well like a lot of people who cancel their membership in the summer are keeping it going because we have outdoor stuff.”Beyond these creative solutions to continue classes, Patchen says there’s one secret ingredient to why she thinks the studio has continued to thrive during this time.“We are strong because we are a community. And we have survived because we are a community. Our dancers love each other, and our teachers love each other, and they all support each other,” Patchen said.The dancers and instructors agree.“I like a lot of people don’t have a lot of family close by so this is definitely my second family, my dance family,” dancer Megan Ramirez said.“Honestly dance saved my mental stability during the pandemic," dancer Taylor Best-Anderson said. "Being able to just do Alchemy classes online for the first few months was really helpful. It was the only way I was really able to see my friends.”“It’s so nice to be with actual humans again!" instructor Ayla Satten said. "Ya know, you’re so used to your community and your sisterhood and then it gets ripped away from you, you miss it so much.”Patchen says she’s worried about the change in seasons several months down the road knowing classes outside may be more of a challenge. However, she plans to continue taking it month by month – finding some humor to stay positive amid the circumstances.“If you have the right mask it’s not that bad. Especially if you’re sparkly," Ashley said with a laugh. 4145
BREAKING: This is the RV that exploded on 2nd Ave N this morning. It arrived on 2nd Ave at 1:22 a.m. Have you seen this vehicle in our area or do you have information about it? Please contact us via Crime Stoppers at 615-742-7463 or online via https://t.co/dVGS7o0m4v. @ATFHQ pic.twitter.com/JNx9sDinAH— Metro Nashville PD (@MNPDNashville) December 25, 2020 371
BRADENTON, Fla. — Deputies in Manatee County, Florida are conducting a homicide investigation after finding the body of a blind woman on fire in a wooded area.When officials responded to the call, they found that the victim was already dead.The victim was identified as 50-year-old Veronica Polite of Bradenton.An autopsy will be performed to determine the cause of death, but as of now the case is being treated as a homicide.Anyone with information is asked to call Manatee County Sheriff's Office at 941-747-3011 or Crime Stoppers. 547