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COLUMBUS, Ohio (AP) — A fight broke out at midfield after Michigan stunned No. 2 Ohio State 13-10 on Saturday as Wolverines players attempted to plant their flag and were met by Buckeyes who confronted them. Police had to use pepper spray to break up the players, who threw punches and shoves in the melee that overshadowed the rivalry game. Ohio State police said in a statement “multiple officers representing Ohio and Michigan deployed pepper spray.” Ohio State police will investigate the fight, according to the statement. After the Ohio State players confronted their bitter rivals at midfield, defensive end Jack Sawyer grabbed the top of the Wolverines' flag and ripped it off the pole as the brawl moved toward the Michigan bench. Eventually, police officers rushed into the ugly scene. Ohio State coach Ryan Day said he understood the actions of his players. “There are some prideful guys on our team who weren't going to sit back and let that happen,” Day said. The two Ohio State players made available after the game brushed off questions about it. Michigan running back Kalel Mullings, who rushed for 116 yards and a touchdown, didn't like how the Buckeyes players involved themselves in the Wolverines' postgame celebration. He called it “classless.” “For such a great game, you hate to see stuff like that after the game," he said in an on-field interview with Fox Sports. “It’s just bad for the sport, bad for college football. But at the end of the day, you know some people got to — they got to learn how to lose, man. ... We had 60 minutes, we had four quarters, to do all that fighting.” Michigan coach Sherrone Moore said everybody needs to do better. “So much emotions on both sides," he said. "Rivalry games get heated, especially this one. It’s the biggest one in the country, so we got to handle that better.” Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football
President of Ireland leads tributes to former government minister Gemma HusseyIn a recent interview, Zhang Zuo expressed his inspiration behind the Monkey Zu hairstyle, citing a love for experimenting with textures and shapes as driving forces behind the design. He explained that the hairstyle was a labor of love, requiring meticulous attention to detail and hours of styling to achieve the desired effect. The end result is a head-turning look that exudes confidence and individuality, making a bold statement in a world saturated with cookie-cutter beauty trends.
Volodymyr Zelensky's Rejection of Trump's Peace Talk Initiative: Disagreements Persist on Ceasefire ConditionsCarbon Streaming Announces Board and CEO ChangesWhen Susan Lee learned that some Central Washington child care providers worked almost round the clock just to make ends meet, she was astonished. As the longtime director of a collection of child care centers at Refugee Women’s Alliance in Seattle, Lee took her program’s school-hour schedule for granted. She was also preoccupied with the challenge of paying her staff of 70 enough to retain them. “We’re in a child care crisis,” she said, pointing to the dual struggle of Washington families to afford child care and of providers to earn a living wage. Child care is a fundamental resource for parents and the state — and Washington has long struggled to maintain its workforce. The state had the sixth-highest share of people living in “child care deserts,” areas with limited or no access to quality child care, in the U.S., the Center for American Progress reported in 2018. The following year, gaps in affordability and access were estimated to have cost the state economy $6.5 billion annually in direct losses and opportunities missed due to child care disruptions, according to state-commissioned research. Pressures amid the pandemic then led to widespread program closures, and those that remained open to care for the kids of parents who couldn’t stay home — like those in health care and agriculture — reported going into debt. Experts say the child care system has rebounded from pandemic-era closures but still needs to expand capacity. For that to happen, providers say they must be paid a living wage. So, Lee joined a group to plot a solution. A few years ago, she was recruited by the nonprofit Child Care Aware of Washington to join a team of 30 child care directors, owners, teachers and assistants to brainstorm solutions and advocate for them in Olympia. Participants were provided small monthly stipends and asked to do community outreach, then share insights with the group. Preschool teacher Kim Johnson, right, works with students in the Manatee preschool at the Refugee Women's Alliance Early Learning Center in Seattle, Nov. 26. Second from top left is Danielle Fannie, program specialist family support. (Ellen M. Banner / The Seattle Times) Soon, the state Department of Children, Youth and Families asked to join the group. Since lawmakers passed the sweeping Fair Start for Kids Act in 2021, families have seen improved access to affordable child care and early education through expansions to the state’s Working Connections Child Care program, which helps parents who are working or in school cover child care expenses. “We really had families who were making choices between, do I pay for my rent, do I pay for food or do I pay for child care,” said Nicole Rose, DCYF’s assistant secretary for early learning. “We’re seeing much less of that.” Still, only 8% of 3-year-olds and 16% of 4-year-olds were served by Washington’s state-funded preschool programs last year, according to an April report by the National Institute for Early Education Research. The state estimates that just 29% of Washington children under 5 who need care because their parents are working or in school are getting licensed care. As part of the same act, DCYF was tasked with providing recommendations to lawmakers on what it would take to adequately compensate child care providers for their work to better maintain the workforce, and how that could fit into the Working Connections program. The Child Care Aware group, DCYF staff thought, was the perfect team for the task. In May of last year, the Child Care Aware group began working with DCYF to create a compensation proposal. DCYF explained what lawmakers were seeking and provided data along the way, but they asked providers to lead the decision on what recommendations to include. Over several months, they penned the Cost of Quality Care Rate Model . The new proposal asks for salaries based on the Massachusetts Institute of Technology’s Living Wage Calculator , which estimates what a full-time worker must earn to cover basic family needs, depending on where they live in the U.S. As a result, the team requested that the lowest-paid Washington child care staff make roughly $45,000 a year. Minh-Hien Doan, right, site manager at the Refugee Women's Alliance, leads a train of children in a dance at the Refugee Women's Alliance Early Learning Center in Seattle's Columbia City neighborhood, Nov. 26. The center accepts children from birth to 5 years old. (Ellen M. Banner / The Seattle Times) The proposal also calls for 20 paid sick days and 20 leave days annually — a first for many providers who have had no choice but to lose pay when they are ill or take time off. It seeks benefits, employer-sponsored retirement plans along with funding for training and professional development, lesson planning time and family conferences. “There’s going to be a huge difference if they approve this,” said Lorena Miranda, a Yakima County child care provider who helped design the model. “It’s the beginning of a future not only for us but for our kids.” The new income system would replace one in which the state pays workers 85% of the market rate for child care — or what parents who pay for private care can afford. It would also be a significant step in race and gender equity in the state since the industry is predominantly staffed by women of color, including many who only speak Spanish, said Matt Judge, a Federal Initiatives and Collaboration Administrator at DCYF who worked closely with the providers while they created the rate model. But there’s no guarantee the step will happen. The Fair Start for Kids Act requires the state to have a model for funding the full cost of quality care, but does not require the state to pass and fund that model. DCYF is now preparing estimates of how much state funding would be needed to support the new rate model, and plans to put forward a budget request ahead of next year’s legislative session. While numbers are still being ironed out, rough estimates indicate the subsidy reimbursement to providers would need to be 65% higher than the current rate. That’s a hard pitch with the current state budget. “This coming budget, without any changes in law, we’re going to have to add about a billion dollars to child care and early learning,” said Rep. Tana Senn, D-Mercer Island, who chairs the Human Services, Youth & Early Learning Committee and sponsored the House version of the Fair Start bill. That’s because of a series of existing policies due to roll out, from federal child care requirements to the expansion of eligibility for the Working Connections subsidy. Still, Washington voters upheld the state’s capital gains tax in November, maintaining an additional $1 billion annually that partially supports Working Connections subsidies. Narwhal preschool teacher Rachel Banza, right, plays with students at the Refugee Women's Alliance Early Learning Center in Seattle, Nov. 26. (Ellen M. Banner / The Seattle Times) For now, proponents of the model plan to float it with lawmakers in Olympia this coming session to gauge their support for a bill. “We can’t get there all at once,” Senn said. Instead, the state would likely approve the new rate model but gradually phase in full funding. In the meantime, the federal Office of Child Care under the Administration for Children and Families has already given its stamp of approval, meaning the state wouldn’t forfeit federal grants for child care if it switched to this system. Advocates and state staff alike say this proposed shift in state funding is the latest step in a journey toward a “north star” — a publicly funded and resourced child care system mirroring the K-12 model. “The Cost of Quality Care Model is essentially flipping the script on that and doing something much more closely to how we fund public schools, which is, ‘What’s the best number we can get to for the cost per child for the building, to pay for staff, to pay for the food in the building, to pay for the books in the classroom?” said Maggie Humphreys, senior director of the Washington team for grassroots advocacy group MomsRising. At the same time, the Fair Start act has gradually made child care more affordable for more Washington families. Today, families of four with an annual household income of up to $85,176 qualify to pay up to $215 a month for child care for two children. Before the act, the cutoff was $65,392, and families were responsible for a copay of $1,565 each month. As of June, nearly 32,000 families participated in the subsidy program, up from roughly 19,000 before the bill’s implementation. According to DCYF, the subsidy has required a $740.4 million increase in state funding per biennium since the Fair Start act was passed. Today, over 80% of providers statewide participate in the Working Connections subsidy program. Rose, DCYF’s assistant secretary for early learning, said the best way to close financial gaps for parents and providers is to increase subsidy rates and access to them gradually. But experts say it won’t be a one-stop fix. Even the state’s K-12 system, which many hope child care will soon imitate, has regularly suffered from underfunding despite a dramatic injection of funds in the past decade. School district leaders have called for revisions to a 2018 funding fix , which many say has failed. That’s simply the nature of progress, said Senn: The Legislature does its best to fix a problem in a particular moment, with the understanding that new needs will arise and revisions will be necessary. Returning to an issue, she said, is not a sign of failure. “The true cost of quality — we’re not just going to be done,” she said. “To do this, we’re going to have to constantly come back and be like, ‘Hey, are we meeting the expectations, the true cost? Is this really what the current need is?” “If we’re essential, pay us essential wages,” Lee said. “It would just break my heart to see this not happen.” At the child care centers Lee oversees in Seattle, some staff take on other part-time work to supplement their income. She said it’s past time to pay providers properly.
TikTok is inching closer to a potential ban in the US. So what's next?
The Green Party is set to suffer significant losses in the Irish General Election, with its leader expecting just a handful of parliamentarians to be returned. Children’s Minister Roderic O’Gorman said the party could not buck the trend in Ireland of junior coalition partners in Fine Gael and Fianna Fail governments losing support in subsequent elections. He said they expected to retain two to three seats out of the 12 they had won in the 2020 election on the back of a worldwide “Green wave”. “Undoubtedly it’s a disappointing result for our party today,” Mr O’Gorman told reporters in Ongar, Dublin. “It’s hard for a smaller party in government, that’s long been the tradition, the history in Ireland. We hoped going into the election to buck that but we haven’t been able to buck that today.” Mr O’Gorman, a candidate in Dublin West, is among the outgoing Green Party TDs in a battle to retain their seats. Culture Minister Catherine Martin, who is fighting to remain a Green Party TD for Dublin Rathdown, said it was a “very tight” race in her four-seat constituency. “We go in (to government) not afraid of that because the issue of the climate and biodiversity crisis is (greater) than our survival,” she said on RTE Radio. “I stand over and am proud of our track record of delivery.” Green candidate in Waterford Marc O Cathasaigh said he would not be “in the shake-up” to retain his seat in that constituency, while junior minister Ossian Smyth looks at risk of losing his seat in Dun Laoghaire. Junior minister Joe O’Brien is expected to lose his seat in Dublin Fingal, Neasa Hourigan is at risk in Dublin Central, while Wicklow’s Steven Matthews garnered just 4% of first preferences. Former Green Party leader Eamon Ryan, who announced his retirement from frontline politics in June, said his party had not had a good day. Arriving at the count centre at the RDS in Dublin, the outgoing environment minister told reporters: “If you don’t get elected you accept that, but you come back stronger and you learn lessons, and we’ve done that in the past and we will do that again.” He added: “No matter what the results today there will be a strong Green Party in Ireland, we have deep roots in the community and it’s a very distinct political philosophy and I think there is still space for that in Irish politics, for sure.” Mr Ryan said he did not believe his decision to retire, and the timing of his announcement, had affected the party’s showing. “Unfortunately – and this is just one of those days – we didn’t get the number of votes,” he said. He added: “We’ll look back and see what are the lessons, and what can we learn and what can we do differently. “It’s just one of those days when we didn’t have a good day.BEIJING , Dec. 6, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, today announced that it has entered into a Standby Equity Purchase Agreement (the "SEPA"), with YA II PN, Ltd. ("YA"), a fund managed by Yorkville Advisors Global, LP. Subject to the terms and conditions set forth in the the SEPA, YA is committed to purchase up to $50 million (the "Commitment Amount") of the Company's Class A Ordinary Shares (the "Shares") at any time during the two-year period following the execution date of the SEPA, by delivering written notice to YA (an "Advance Notice"). Pursuant to the SEPA, YA will advance to the Company, subject to the satisfaction of certain conditions as set forth therein, the principal amount of up to $15 million (the "Pre-Paid Advance"), which will be evidenced by convertible promissory notes (the "Promissory Notes", together with the "SEPA", the "Offering") in four tranches. The first Pre-Advance, in the principal amount of $3,000,000 , was advanced December 6, 2024 in connection with the execution of the SEPA, and is subject to a 10% discount to the principal amount of such Promissory Note. If there is no balance outstanding under the Promissory Notes, the Company will have sole discretion to sell the Shares to YA from time to time by issuing Advance Notices to YA following the effectiveness of a registration statement with the U.S. Securities and Exchange Commission registering the Shares issuable pursuant to the SEPA and the satisfaction of other customary conditions. The Company intends to use the proceeds from the offering of the Shares pursuant to the SEPA for working capital and other general corporate purposes. The Company and the Investor have entered into a registration rights agreement on the date hereof (the "Registration Rights Agreement"), pursuant to which the Company shall register the resale of the Shares issuable pursuant to the SEPA. The foregoing does not purport to be a complete description of the rights and obligations of the parties to the SEPA, the Promissory Notes, the Registration Rights Agreement, or of the transactions contemplated thereby and is qualified in its entirety by reference to such documents, the copies of which have been filed as exhibits to the Company's Current Report on Form 6-K on December 6, 2024 . D. Boral Capital LLC acted as the exclusive placement agent for the Offering. About Baijiayun Group Ltd Baijiayun is a one-stop AI video solution provider with core expertise in SaaS/PaaS solutions. Baijiayun is committed to delivering reliable, high-quality video experiences across devices and localities and has grown rapidly since its inception in 2017. Premised on its industry-leading video-centric technologies, Baijiayun offers a wealth of video-centric technology solutions, including Video SaaS/PaaS, Video Cloud and Software, and Video AI and System Solutions. Baijiayun caters to the evolving communications and collaboration needs of enterprises of all sizes and industries. For more information, please visit ir.baijiayun.com . Safe Harbor Statement This press release contains certain "forward-looking statements." These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the parties' perspectives and expectations, are forward-looking statements. The words "will," "expect," "believe," "estimate," "intend," and "plan" and similar expressions indicate forward-looking statements. Such forward-looking statements are inherently uncertain, and shareholders and other potential investors must recognize that actual results may differ materially from the expectations as a result of a variety of factors. Such forward-looking statements are based upon management's current expectations and include known and unknown risks, uncertainties, and other factors, many of which are hard to predict or control, that may cause the actual results, performance, or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. The forward-looking information provided herein represents the Company's estimates as of the date of this press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release. A further list and description of risks and uncertainties can be found in the documents the Company has filed or furnished or may file or furnish with the U.S. Securities and Exchange Commission, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation. For investor and media enquiries, please contact: Company Contact: Ms. Fangfei Liu Chief Financial Officer, Baijiayun Group Ltd Phone: +86 25 8222 1596 Email: ir@baijiayun.com View original content: https://www.prnewswire.com/news-releases/baijiayun-announces-up-to-15-million-convertible-promissory-notes-and-50-million-standby-equity-purchase-agreement-302325234.html SOURCE Baijiayun Group LtdA fan who racially abused Arsenal player Thomas Partey in a social media post was banned from attending all games for three years on Tuesday. Charles Ogunmilade, who is Black, admitted to sending a "grossly offensive" message on X, which he claimed was satire of what a racist white person would say. He posted the offensive comment in April 2023 after Partey, a Ghana international who is Black, missed a shot during Arsenal's 3-3 draw with Southampton . The court in London was informed the post on X was reported to the police, who visited Ogunmilade's home. He said the comment was intended to be a sarcastic quote among a group of friends. "I am not a racist person," Ogunmilade said in court. While issuing his sentence, magistrate Shaoni Myer said Ogunmilade's early guilty plea, prior good character and experience of racism were taken into account. The soccer banning order also requires him to surrender his passport to police whenever the England men's national team plays an away game abroad. He was ordered to pay a fine and costs totaling £260 ($325).
Michigan, Ohio State fight broken up with police pepper spray after Wolverines stun Buckeyes 13-10Investors are eagerly awaiting the BOJ's speech and press conference, where key policymakers are expected to outline their views on the economy and provide insights into the central bank's future policy direction. With interest rate decisions having a direct impact on currency values, bond yields, and stock prices, any announcement by the BOJ is likely to have a significant impact on financial markets.The fallout from the Eight Treasure Pill scandal has damaged the reputation of the officials involved and raised concerns about the regulation and oversight of health products in China. It has also highlighted the urgent need for greater transparency and accountability in the healthcare industry to ensure the safety and trust of the public.East contender draws two separate fines for flopping in same game
Teenagers are facing wide-ranging new restrictions over the use of beauty filters on TikTok amid concern at rising anxiety and falling self-esteem. Under-18s will, in the coming weeks, be blocked from artificially making their eyes bigger, plumping their lips and smoothing or changing their skin tone. The restrictions will apply to filters – such as “Bold Glamour” – that change children’s features in a way that makeup cannot. Comic filters that add bunny ears or dog noses will be unaffected. The billion-user social media company announced the changes during a safety forum at its European headquarters in Dublin. The effectiveness of the restrictions will depend on people using the platform under their real age, which is not always the case. There has been widespread concern that the beauty filters – some provided by TikTok, others created by users – have resulted in a pressure on teenagers, particularly girls, to adopt a polished physical appearance with negative emotional repercussions. Some young people have described how after using filters they found their real face ugly. TikTok also announced it was tightening its systems to block users under 13 from the platform, which could mean that thousands of British children are turfed off the platform. Before the end of the year, it will launch a trial of new automated systems that use machine learning to detect people cheating its age restrictions. The moves come with tougher regulation of underage social media use in the UK looming in the new year, under the Online Safety Act. The platform already removes 20m accounts every quarter worldwide for being underage. Chloe Setter, TikTok’s lead on child safety public policy, said: “We’re hoping that this will give us the ability to detect and remove more and more quickly.” People wrongly blocked will be able to appeal. “It can obviously be annoying for some young people,” said Setter, but she added that the platform will take a “safety-first approach”. Ofcom said in a report last December that from June 2022 to March 2023 about 1% of TikTok’s total UK monthly active user base were removed for being underage. The regulator has previously warned the effectiveness of TikTok’s age restriction enforcement is “yet to be established”. It is due to start strictly enforcing over-13 age limits for social media users next summer, requiring “highly effective” age checks. The new “guardrails” around beauty filters and age verification are part of a wave of adjustments to online safety being announced by social media platforms before tougher regulations are enforced in the coming months, with potential heavy fines for breaches of online safety rules. Last week Roblox, the gaming platform with 90 million daily users, announced it would restrict its youngest users from accessing the more violent, crude and scary content on the platform after warnings about child grooming, exploitation and the sharing of indecent images. Instagram, which is run by Meta, launched “teen accounts” for under-18s to allow parents greater control over children’s activities, including the ability to block children from viewing the app at night. Andy Burrows, the chief executive of the Molly Rose Foundation, which was set up to focus on suicide prevention, said: “It will not escape anyone’s attention that these shifts are being announced largely to comply with EU and UK regulation. This makes the case for more ambitious regulation, not less.” He called for TikTok to be fully transparent about how its age assurance measures will work and their effectiveness at reducing the number of under-13s on the platform. Burrows added: “TikTok should act quickly to fix the systemic weaknesses in its design that allows a torrent of harmful content to be algorithmically recommended to young people aged 13 or over.” The NSPCC described the age protection move as “encouraging” but “just the tip of the iceberg”. “Other social media sites must step up and find effective ways to assess the ages of their users,” said Richard Collard, the charity’s associate head of policy for child safety online. “Ofcom and the government also have an important role to play in compelling tech bosses to deliver age-appropriate experiences for all their users.”
Zhengzhou Bath Center Reports Multiple Fainting Incidents, Victims Sent to Hospital for Treatment and Stable ConditionAnother significant aspect of the sustainable development of new productivity is the rise of digitalization and artificial intelligence. These technologies have enabled businesses to harness the power of data and analytics to make informed decisions, optimize processes, and enhance customer experiences. Through the integration of AI-powered solutions, businesses can automate repetitive tasks, improve accuracy, and unlock new opportunities for growth and innovation.
TikTok is inching closer to a potential ban in the US. So what's next?DETROIT (AP) — If Donald Trump makes good on his threat to slap 25% tariffs on everything imported from Mexico and Canada, the price increases that could follow will collide with his campaign promise to give American families a break from inflation. Economists say companies would have little choice but to pass along the added costs, dramatically raising prices for food, clothing, automobiles, booze and other goods. The president-elect floated the tariff idea, including additional 10% taxes on goods from China, as a way to force the countries to halt the flow of illegal immigrants and drugs into the U.S. But his posts Monday on Truth Social threatening the tariffs on his first day in office could just be a negotiating ploy to get the countries to change behavior. High food prices were a major issue in voters picking Trump over Vice President Kamala Harris, but tariffs almost certainly would push those costs up even further. For instance, the Produce Distributors Association, a Washington trade group, said Tuesday that tariffs will raise prices for fresh fruit and vegetables and hurt U.S. farmers when other countries retaliate. “Tariffs distort the marketplace and will raise prices along the supply chain, resulting in the consumer paying more at the checkout line,” said Alan Siger, association president. Mexico and Canada are two of the biggest exporters of fresh fruit and vegetables to the U.S. In 2022, Mexico supplied 51% of fresh fruit and 69% of fresh vegetables imported by value into the U.S., while Canada supplied 2% of fresh fruit and 20% of fresh vegetables. Before the election, about 7 in 10 voters said they were very concerned about the cost of food, according to AP VoteCast, a survey of more than 120,000 voters. “We’ll get them down,” Trump told shoppers during a September visit to a Pennsylvania grocery store. The U.S. is the largest importer of goods in the world, with Mexico, China and Canada its top three suppliers, according to the most recent U.S. Census data. People looking to buy a new vehicle likely would see big price increases as well, at a time when costs have gone up so much they are out of reach for many. The average price of a new vehicle now runs around $48,000. About 15% of the 15.6 million new vehicles sold in the U.S. last year came from Mexico, while 8% crossed the border from Canada, according to Global Data. Much of the tariffs would get passed along to consumers, unless automakers can somehow quickly find productivity improvements to offset them, said C.J. Finn, U.S. automotive sector leader for PwC. That means even more consumers “would potentially get priced out,” Finn said. Hardest hit would be Volkswagen, Stellantis, General Motors and Ford, Bernstein analyst Daniel Roeska wrote Tuesday in a note to investors. “A 25% tariff on Mexico and Canada would severely cripple the U.S. auto industry,” he said. The tariffs would hurt U.S. industrial production so much that “we expect this is unlikely to happen in practice,” Roeska said. The tariff threat hit auto stocks on Tuesday, particularly shares of GM, which imports about 30% of the vehicles it sells in the U.S. from Canada and Mexico, and Stellantis, which imports about 40% from the two countries. For both, about 55% of their lucrative pickup trucks come from Mexico and Canada. GM stock lost almost 9% of its value, while Stellantis dropped nearly 6%. It’s not clear how long the tariffs would last if implemented, but they could force auto executives to move production to the U.S., which could create more jobs in the long run. However, Morningstar analyst David Whiston said automakers probably won’t make any immediate moves because they can’t quickly change where they build vehicles. Millions of dollars worth of auto parts flow across the borders with Mexico and Canada, and that could raise prices for already costly automobile repairs, Finn said. The Distilled Spirits Council of the U.S. said tariffs on tequila or Canadian whisky won’t boost American jobs because they are distinctive products that can only be made in their country of origin. In 2023, the U.S. imported $4.6 billion worth of tequila and $108 million worth of mezcal from Mexico and $537 million worth of spirits from Canada, it said. “Tariffs on spirits products from our neighbors to the north and south are going to hurt U.S. consumers and lead to job losses across the U.S. hospitality industry,” it added. Electronics retailer Best Buy said on its third-quarter earnings conference call that it runs on thin profit margins, so while vendors and the company will shoulder some increases, Best Buy will have to pass tariffs to customers. “These are goods that people need, and higher prices are not helpful,” CEO Corie Barry said. Walmart also warned this week that tariffs could force it to raise prices. Tariffs could trigger supply chain disruptions as people buy goods before they are imposed and companies seek alternate sources of parts, said Rob Handfield, a professor of supply chain management at North Carolina State University. Some businesses might not be able to pass on the costs. “It could actually shut down a lot of industries in the United States. It could actually put a lot of U.S. businesses out of business,” he said. Canadian Prime Minister Justin Trudeau, who talked with Trump after his call for tariffs, said they had a good conversation about working together. “This is a relationship that we know takes a certain amount of working on and that’s what we’ll do,” Trudeau said. Trump’s threats come as arrests for illegally crossing the border from Mexico have been falling. But arrests for illegally crossing the border from Canada have been rising over the past two years. Much of America’s fentanyl is smuggled from Mexico, and seizures have increased. Trump has sound legal justification to impose tariffs, even though they conflict with a 2020 trade deal brokered in large part by Trump with Canada and Mexico, said William Reinsch, senior adviser at the Center for Strategic and International Studies and a former Clinton administration trade official. The treaty, known as the USMCA, is up for review in 2026. In China’s case, he could simply declare Beijing hasn’t met obligations under an agreement he negotiated in his first term. For Canada and Mexico, he could say the influx of migrants and drugs are a national security threat, and turn to a section of trade law he used in his first term to slap tariffs on steel and aluminum. The law he would most likely use for Canada and Mexico has a legal process that often takes up to nine months, giving Trump time to seek a deal. If talks failed and the duties were imposed, all three countries would likely retaliate with tariffs on U.S. exports, said Reinsch, who believes Trump’s tariffs threat is a negotiating ploy. U.S. companies would lobby intensively against tariffs, and would seek to have products exempted. Some of the biggest exporters from Mexico are U.S. firms that make parts there, Reinsch said. Longer term, Mary Lovely, a senior fellow at the Peterson Institute for International Economics, said the threat of tariffs could make the U.S. an “unstable partner” in international trade. “It is an incentive to move activity outside the United States to avoid all this uncertainty,” she said. Trump transition team officials did not immediately respond to questions about what he would need to see to prevent the tariffs from being implemented and how they would impact prices in the U.S. Mexican President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own. Sheinbaum said she was willing to talk about the issues, but said drugs were a U.S. problem. The leader of Canada’s most populous province called Trump’s comparison of Canada to Mexico “the most insulting thing I’ve ever heard. “To compare us to Mexico is the most insulting thing I’ve ever heard from our friends and closest allies, the United States of America,” Ontario Premier Doug Ford said. “I found his comments unfair. I found them insulting. It’s like a family member stabbing you right in the heart.” Ford said Canada will have no choice but to retaliate. RECOMMENDED • pennlive .com Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office Nov. 26, 2024, 7:10 a.m. Rising price of paying national debt is risk for Trump’s promises on growth and inflation Nov. 24, 2024, 9:33 a.m. Prime Minister Justin Trudeau will convene an emergency meeting with provincial leaders on Wednesday. The Canadian dollar weakened sharply in foreign exchange markets. READ MORE: Pa. farm industry braces for raids, deportations under proposed Trump policy
Pakistani authorities launch operation to clear Imran Khan supporters from the capital
In the midst of ongoing conflicts and chaos, Syria has been facing a multitude of challenges, but one recent event has brought the country's most pressing issue to the forefront: a sudden shift of power in the region. The implications of this dramatic change are far-reaching and demand immediate attention from the international community.