Trump admin signals trade hike with China, impacts markets
A top U.S. trade official said higher tariffs on Chinese goods would be coming later in the week, which caused the markets to drop on Tuesday. The proposed hike would increase tariffs from the current level of 10 percent to 25 percent. This comes after President Trump said in a tweet on Monday that the U.S. will no longer be losing billions to China every year.
Read more about the market’s reaction from CNBC
FBI director splits with AG over the word ‘spying’
During his congressional testimony on Tuesday, FBI director Christopher Wray said he would not characterize the bureau’s tactics of surveillance as spying. This comes after Attorney General William Barr said, “I think spying did occur,” when referring to activity the FBI and other agencies engaged in during the 2016 presidential campaign.
Read more about Wray’s comments from Fox News
In other news:
White House instructs former counsel Don McGahn not to comply with a congressional subpoena (via ABC News)
Pennsylvania Democrat bullies pro-life children and elderly women (via the Daily Wire)
Tiger Woods presented the Presidential Medal of Freedom (via Right Field Sports)
Videos:
Three Alabama residents who call themselves “Men of Difference” invited a lonely widow who was eating alone to join them. Unbeknownst to them, the next day would have been her anniversary. The men were interviewed by the “NBA on TNT.”
Senate majority leader Mitch McConnell (R-Kentucky) took to the floor of the Senate on Tuesday to call out Democrats for having a “meltdown” over the conclusion of Special Counsel Robert Mueller’s finding that the Trump campaign did not collude with Russia. He also said it’s time for the nation to move on from the Trump/Russia narrative.
