The idea should be politically disqualifying: Imposing tariffs on imports raises prices paid by American consumers and businesses. No politician should be able to tell voters heâll raise their costs, and receive their blessing. Yet Donald Trump does. He campaigned in the 2024 presidential race by promising aggressive new levies on imports from basically everywhere and won a convincing electoral college victory. Voters donât seem to think Trumpâs tariffs will harm them. Trump is now moving fast to put his tariffs into place once he takes office in January. He says one of his first-day priorities will be slapping a 25% tariff on imports from Mexico and Canada, and a new 10% levy on goods from China. Those are Americaâs top three trading partners , and they ship about $1.3 trillion in goods to the United States each year. If those taxes go into effect, theyâd raise the cost of those imports by about $236 billion. Most economists say across-the-board tariffs impede efficiency , depress growth , and kill jobs . The Peterson Institute for International Economics estimates Trumpâs full tariff plan would cost the typical household $2,600 per year in higher costs . Voters say, meh. Why the disconnect? Three reasons. First, tariffs are confusing. A recent Morning Consult poll asked voters about their views on tariffs and found that many people donât even know what they are, exactly. Only 25% correctly said a tariff is a fee a US company pays to the US government to import a product. Sixty percent incorrectly said the foreign company or the foreign government pays the fee, and 15% said they donât know. So most Americans mistakenly think somebody other than Americans pays the tariffs. Read more: How do tariffs work, and who really pays them? Yet 56% of Americans think US companies and consumers bear the majority of the costs imposed by tariffs. And theyâre split on whether tariffs would be good or bad for the US economy. Thirty-eight percent think a 20% tariff would be good for the economy, while 41% think it would be bad, and 21% donât know. The overall picture is that Americans have a poor understanding of tariffs and, not surprisingly, are conflicted about what theyâre likely to accomplish. Second, Americans donât feel like Trumpâs tariffs caused any harm during his first term, when he placed new taxes on steel and aluminum imports and about half of all imports from China. Those tariffs did cause limited harm by raising costs to some US producers. But that came at a relatively benign time for the economy, when inflation was low and the massive COVID-era supply chain disruptions hadnât happened yet. Trump also crafted those first-term tariffs in a way that raised the cost of intermediate goods, such as components, while keeping finished retail products off the list. Producers saw the price hikes but managed workarounds â such as getting components from Vietnam instead of China â that limited the impact felt by final purchasers, aka American shoppers. There was one exception: washing machines. Trump placed a 20% tariff on imported washing machines, which promptly raised the price of laundry equipment by 12% and boosted the profits of manufacturers. Thatâs a template for whatâs likely to happen in Trumpâs second term if he directly tariffs finished consumer goods. Third, Trump tends to threaten much larger tariffs than he actually imposes. When running for president in 2016, for instance, he said he might impose a 45% tariff on all Chinese imports. As president, however, he levied tariffs ranging from 7.5% to 25% on just half of Chinese imports, while exempting most finished consumer products. Trump watchers now understand that he threatens tariffs as a negotiating tactic. âWhile Trump is the 'Tariff Man' and will be willing to see through these proposals, we also see him as prepared and willing to back down in exchange for key policy concessions,â financial firm Raymond James explained in a Nov. 25 analysis. âThe announcement of the tariffs â almost two months before Trump is sworn into office â should be viewed as a play to bring Mexico, Canada, and China to the negotiating table fairly early on." Trump wants China to crack down on illegal fentanyl shipments to the United States. He wants Mexico to do the same and also get better control of migrants passing through the country as they try to cross the US southwest border. Itâs not clear what he wants from Canada, but heâll assuredly come up with something. Economists versed in the unhappy history of tariffs worry that Trump will overplay his hand and tank the US economy. To many Americans, however, tariffs are an arcane concept that Trump uses to heckle adversaries with little impact on everyday life. If weâre lucky, itâll stay that way. Rick Newman is a senior columnist for Yahoo Finance . Follow him on Twitter at @rickjnewman . Click here for political news related to business and money policies that will shape tomorrow's stock prices . Read the latest financial and business news from Yahoo Finance
Simmons scores 29 as Gardner-Webb defeats East Carolina 84-79
NoneElection workers defamed by Giuliani pen scathing letter accusing him of an âobvious attempt to intimidateâAP Sports SummaryBrief at 10:40 p.m. EST
Mpaka 4-4 0-0 8, Benjamin 5-11 3-4 15, N.Krass 1-8 0-0 3, Martinez 1-2 0-0 3, Miles 1-6 2-2 4, Harrison 10-18 6-8 27, Mizell 0-0 1-4 1. Totals 22-49 12-18 61. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.How do you become a fan favorite for the Seattle Seahawks ? Notching a pick-six in a critical game against a division rival is one good way to do it. Notching a pick-six against a division rival and finishing it off with a tribute to the most popular human being in the state of Washington is about as good as it gets, though. That's exactly what converted Seahawks safety Coby Bryant did last weekend in the team's win over the Arizona Cardinals. After Devon Witherspoon pressured Kyler Murray into a panic throw, Bryant zipped in for an interception and ran it all the way back to the end zone. Just before he scored, Bryant whipped out a special celebration tribute to Marshawn Lynch. For his efforts Bryant won the NFC Defensive Player of the Week award. However, it's also earned him a fine from the league office. Coby Bryant TD with Marshawn Lynch celly The NFL fined #Seahawks CB Coby Bryant $6,594 for unsportsmanlike conduct (obscene gestures) â his Marshawn Lynch tribute with a crotch grab on the way into the end zone last week. pic.twitter.com/Krkb5y3def If Lynch doesn't offer some of his chicken to reward Bryant for the tribute, the team should. Bryant's clutch INT didn't come in a vacuum, either. He has been playing very well since he entered the starting lineup when Rayshawn Jenkins was placed on injured reserve with a hand issue about a month ago. For the year Bryant's coverage numbers are vastly improved compared to his first two seasons in the league out of Cincinnati. He has only allowed a 61.1% completion rate , one touchdown, two interceptions and a 62.0 passer rating. It's a pleasant surprise for a defender who was beginning to look like a bust after failing at boundary corner and in the slot. The move to safety seems to have been a stroke of genius by head coach Mike Macdonald, who's been pressing all the right buttons since Week 9. More Seahawks stories Seahawks predicted to upgrade with Super Bowl champion quarterback Geno Smith projected to join Sam Darnold on former NFL team in 2025 What Seahawks wide receiver DK Metcalf said about JSN's rising profile
Every Black Friday, thereâs a number of viral products that everyone has on their Christmas wish list, and we donât expect this year to be any different. However, not all of these popular items are going to stay in stock, and we have some insight on the ones that wonât. Black Friday is big business, and last year shoppers spent $222.1 billion during the entire holiday shopping season, according to Queue-it. Sales on Black Friday reached $16.4 billion (online and in stores), and this was a 9% increase from the year before. While it comes as no surprise that electronics are the most sought-after products of the holiday season, Queue-it said this accounts for the majority of holiday sales, jumping to $50.8 billion in 2023. Apparel, furniture, groceries and toys are the other hot sellers of Black Friday. Together, these five categories accounted for 65% of sales during the holidays last year and is only expected to grow in 2024. People are also reading... While many items that sell out over Black Friday are driven by a good deal, we also know that a hot product is just that â a gift that most people want to open on Christmas Day. So, here are our picks for the top 10 hot-ticket items that could sell out over Black Friday. Samsung 98-inch QLED TV 1. Big TVs The holidays are ripe for TV deals, and we expect shoppers to buy a ton of them in 2024, especially at Walmart. Consumers are trending toward bigger TVs and the super low-price deals over Black Friday force many models to sell out. This is especially true of popular models from Samsung, Hisense, LG and more favorites. Apple Watch Series 9 2. Apple Watches Apple's smartwatches are a top pick among Apple fans. Weâve seen prices on the Apple Watch continue to trend downward, which was only spurred by the release of the new Apple Watch 10 in September. This pushed down prices on earlier models, with the best deals coming on the Apple Watch SE and Apple Watch 9. For Black Friday, we think the prices will drop even lower and sell out due to high demand. Beats Solo3 3. Beats headphones Wireless headphones are one of the most popular products of 2024, and Beats are one of the top brands. Weâre already seeing big markdowns on Beats Wireless Headphones, and we expect these price drops to continue into Black Friday. The Beats Solo3 is likely to be on sale for even cheaper than weâve already seen, and we think they will sell out for Black Friday, with the possibility of other popular Beats headphones joining them. Apple AirPods (3rd gen) 4. Apple AirPods If you havenât picked up a pair of Apple AirPods yet, this could be your year to do it. With Apple launching a fourth generation of AirPods earlier this year, the price on prevvious models are creeping lower. We think over Black Friday theyâll be at their cheapest price ever, with the AirPods (3rd Gen) likely to sell out. JBL Flip 6 5. JBL bluetooth speakers Bluetooth speakers are a must-have for many this year, and with the big sound that comes from JBLâs speakers, itâs easy to see why they might sell out for Black Friday. These popular speakers come in a variety of portable sizes and waterproof designs. We expect big deals on JBLâs top-rated Clip 5 and Flip 6 Bluetooth speaker models. Apple iPad (10th Gen) 6. Apple iPad One of Appleâs most sought-after products of the year was the iPad, and we saw the 9th Gen and 10th Gen models drop to their lowest prices ever. We think this year will bring some iPad bliss with even better discounts, but these deals will disappear just as fast as they arrive. We think that mega discounts on the iPad (9th Gen) and iPad (10th Gen) could cause sell outs, especially on Amazon. Dyson Airwrap 7. Dyson Airwrap The Dyson Airwrap just might be the top product of Black Friday, as this is one of the rare times thereâs a discount on the beloved hair styling tool. At $600, the Airwrap carries a hefty price tag, so any discount presented is a welcome surprise. But as weâve seen in the past, any Black Friday deal on the Dyson Airwrap causes a crush of interest thatâs followed by a sell out. Ugg Tasman slippers 8. UGG Tasman slippers If youâve tried to scoop up the UGG Tasman Slippers in previous years, you already know they never stay in stock for long. As the âitâ slipper of the holiday season, UGGâs Tasman sells out multiple times over the holidays, even without a discount offered. We think that this year will be similar, with popular sizes and colors of the Tasman Slipper snatched up fast over Black Friday. Bissell Little Green 9. Bissell Little Green The Bissell Little Green carpet cleaner is a popular home product that just canât seem to stay in stock. With prices falling under $90, this mighty machine can be a blessing for pet owners and parents, as its compact size makes it easy to store and use when needed. Weâve seen the Little Green Machine sell out before, and weâd be surprised if it didnât do it again over Black Friday. Furby Galaxy Edition 10. Furby Galaxy Edition Weâd be remiss if we didnât include a top toy that we think will be hard to find and gift this year. Our pick is the Furby Galaxy Edition. This glow-in-the-dark Furby is based on the original Furby from the late â90s with even more features, interactive modes and more fun. Making a comeback in 2023, we saw the revival of this popular toy sell out last year, and we expect the new Furby Galaxy Edition to do the same. Shoppers might see dynamic and surge pricing on Black Friday. Here's what that could look like When is Black Friday? Hereâs what you need to know before you shop Make your house a home For the holidays: Get inspiring home and gift ideas â sign up now!MINNEAPOLIS â In its ninth try, Fertile-Beltrami football finally has a state championship. The Falcons took command in the second half and defeated Hills-Beaver Creek 20-8 in the Minnesota 9-man Prep Bowl championship game on Saturday at U.S. Bank Stadium. ADVERTISEMENT Jonah Harstad and Isaiah Wright ran for third quarter touchdowns and, after Hills-Beaver Creek trimmed the lead to 14-8 late in the third, Harstad ran for the game's final score with about 10 minutes to play. The Falcons made eight previous state tournament trips, with a runner-up finish in 2021. They finished the season 13-0 and gave 30-year head coach Brian Nelson the biggest of his 207 career victories. Neither team could muster much offensively in a scoreless first half. Of the Falcons' five possessions, three ended on failed fourth down tries, another on a fumble and they punted on their first drive. Hills-Beaver Creek lost the ball on downs to open the game, punted and then had two drives end on F-B interceptions. But F-B got rolling after stopping the Patriots on downs on the first possession of the second half. The Falcons drove 47 yards in eight plays, with Harstad scoring from 2-yards out for a 6-0 lead with 5:05 left in the third quarter. F-B's Preston Hanson recovered a Patriots fumble on the ensuing drive and the Falcons drove 42 yards in six plays, with Wright scoring on a 3-yard run and adding the 2-point run for a 14-0 lead with 2:31 left in the third. H-BC got back in it when quarterback Jamin Metzger connected with James VandenBosch on a 53-yard TD pass with 2:09 left in the third quarter to make it 14-8 Falcons. ADVERTISEMENT But the Falcons answered on their next possession, with Harstad running it in from 1-yard out to cap an eight-play, 50-yard drive to make it 20-6 with 10 minutes to play. F-B turned H-BC over on downs on its next possession but the Patriots got another shot when Harstad lost a fumble at the Patriots' 16 yard line with 3:23 left in the game. However, Wright intercepted a Metzger pass four plays later and returned it 17 yards to the H-BC 33 yard line with 2:31 to play. On second down, Wright ran 10 yards for a first down to the Patriots 20 yard line with two minutes left and the Falcons burned the remaining time to end the game. Wright carried 33 times for 185 yards and a TD and Harstad ran for 28 yards and two scores on 14 carries. Quarterback Easton Petry hit 7 of 10 passes for 91 yards. Bryer Strem made four catches for 41 yards, and he also intercepted two passes in the first half. Caleb Sather led the Falcons with nine total tackles, Hanson made eight solo stops, and Jack Leiser had six tackles. All three had tackles for lost yards. H-BC's Metzger hit 11 of 18 passes for 114 yards but was intercepted three times. He led Patriots rushers with 30 yards on seven carries. VandenBosch had four receptions for 81 yards and a touchdown.
Gulf worker from Nirmal sustains head injuries in Dubai while on duty
Big Ten slate features Indiana-Ohio State showdown and Penn State-Minnesota matchup Things to watch this week in the Big Ten Conference: No. 5 Indiana (10-0, 7-0 Big Ten, No. 5 CFP ) at No. 2 Ohio State (9-1, 6-1, No. 2 CFP), Saturday, noon ET (Fox) This marks the 98th matchup between these two teams, but it's only the fourth time both teams have been ranked. Although Indiana is unbeaten, its soft schedule means the Hoosiers aren't assured of making the 12-team field if they lose this game. The only team with a winning record that Indiana has beaten is Washington (6-5). Ohio State needs a win to have a realistic shot at a rematch with top-ranked Oregon in the Big Ten championship game. Ohio State has beaten Indiana 28 straight times since the Hoosiers posted back-to-back victories in 1987-88. No. 4 Penn State (9-1, 6-1, No. 4 CFP) at Minnesota (6-4, 4-3), Saturday, 3:30 p.m. (CBS) This is likely Penn State's biggest obstacle on its way to a potential playoff berth. The Nittany Lions' lone remaining regular-season game is a Nov. 30 home matchup with Maryland (4-6, 1-6). Minnesota has had an extra week to prepare this game since its 26-19 loss at Rutgers on Nov. 9, which snapped a four-game winning streak. Penn State and Minnesota have split their last four meetings, with the home team winning each time. Penn State DE Abdul Carter has multiple tackles for loss in each of his last three games. He ranks second among all Bowl Subdivision players in tackles for loss (17 1â2). Southern California RB Woody Marks rushed for a career-high 146 yards in a 28-20 win over Nebraska. Marks has six 100-yard rushing performances this season. Rutgers RB Kyle Monangai is the first Scarlet Knight to rush for 1,000 yards in back-to-back seasons since Ray Rice did it three straight years from 2005-07. Monangai has run for 1,028 yards this season and rushed for 1,262 yards last year. Oregon OLB Matayo Uiagalelei recorded a sack and had a game-clinching interception as the top-ranked Ducks won 16-13 at Wisconsin last week. He has 8 1â2 sacks this season to rank second in the Big Ten. Four of the top seven Bowl Subdivision quarterbacks in passer rating are from the Big Ten. Indiana's Kurtis Rourke is second, Ohio State's Will Howard is third, Penn State's Drew Allar is fifth and Oregon's Dillon Gabriel is seventh. ... Illinois QB Luke Altmyer has thrown 18 touchdown passes with only three interceptions. The only Power Four quarterback with a better touchdown/interception ratio while throwing at least 10 touchdown passes is Clemson's Cade Klubnik, who has 26 touchdowns and four interceptions. ... Rutgers' three Big Ten wins matches its largest total since joining the league in 2014. Rutgers also had three conference wins in 2014, 2017, 2020 and 2023. A victory Saturday over No. 24 Illinois would give Rutgers three straight Big Ten wins for the first time. ... Washington's 31-19 win over UCLA was its 20th straight home victory, representing its second-longest such streak in school history. The Huskies won 45 straight home games from 1908-17. ... Wisconsin heads to Nebraska this week having won its last 10 matchups with the Cornhuskers. Penn State justifiably is favored on the road against Minnesota, but Bet MGM's 12 1â2-point spread seems way too big. Expect this game to have a single-digit margin. Get local news delivered to your inbox!
OMAHA, Neb. (AP) â Ryan Kalkbrenner scored 23 points as Creighton beat Villanova 86-79 on Saturday night. Kalkbrenner had five rebounds for the Bluejays (8-5, 1-1 Big East Conference). Neal Jamiya added 20 points while going 7 of 11 (6 for 7 from 3-point range) while they also had six assists. Steven Ashworth shot 6 for 11 (3 for 5 from 3-point range) and 5 of 5 from the free-throw line to finish with 20 points, while adding 11 assists. The Wildcats (8-5, 1-1) were led in scoring by Eric Dixon, who finished with 27 points. Wooga Poplar added 19 points and 10 rebounds for Villanova. Jhamir Brickus finished with 16 points and four assists. The loss ended a five-game winning streak for the Wildcats. Creighton took the lead with 16:12 to go in the first half and did not relinquish it. The score was 40-38 at halftime, with Kalkbrenner racking up 10 points. Creighton turned a three-point second-half lead into a 10-point advantage with a 7-0 run to make it a 56-46 lead with 14:40 left in the half. Neal scored 14 second-half points in the victory. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
In a message to the American people, the King expressed âgreat sadnessâ at the news of Mr Carterâs death, describing him as âa committed public servantâ who âdevoted his life to promoting peace and human rightsâ. He added: âHis dedication and humility served as an inspiration to many, and I remember with great fondness his visit to the United Kingdom in 1977. âMy thoughts and prayers are with President Carterâs family and the American people at this time.â Mr Carter, a former peanut farmer, served one term in the White House between 1977 and 1981 and spent his post-presidency years as a global humanitarian, winning the Nobel Peace Prize in 2002. Sir Keir Starmer said Mr Carter had âlived his values in the service of others to the very endâ through âdecades of selfless public serviceâ. Praising a âlifelong dedication to peaceâ that saw him win the Nobel Peace Prize in 2002, Sir Keir added: âMotivated by his strong faith and values, President Carter redefined the post-presidency with a remarkable commitment to social justice and human rights at home and abroad.â Tributes to Mr Carter followed the announcement of his death by his family on Sunday, more than a year after he decided to enter hospice care. His son, Chip Carter, said: âMy father was a hero, not only to me but to everyone who believes in peace, human rights, and unselfish love.â Very sorry to hear of President Carterâs passing. I pay tribute to his decades of selfless public service. My thoughts are with his family and friends at this time. â Keir Starmer (@Keir_Starmer) US President Joe Biden, one of the first elected politicians to endorse Mr Carterâs bid for the presidency in 1976, said the world had âlost an extraordinary leader, statesman and humanitarianâ. He said: âOver six decades, we had the honour of calling Jimmy Carter a dear friend. But, whatâs extraordinary about Jimmy Carter, though, is that millions of people throughout America and the world who never met him thought of him as a dear friend as well. âWith his compassion and moral clarity, he worked to eradicate disease, forge peace, advance civil rights and human rights, promote free and fair elections, house the homeless, and always advocate for the least among us.â Vice President Kamala Harris said Mr Carter âreminded our nation and the world that there is strength in decency and compassionâ. âHis life and legacy continue to inspire me â and will inspire generations to come,â she said. âOur world is a better place because of President Carter.â Other UK politicians also paid tribute to Mr Carter. Liberal Democrat leader Sir Ed Davey said he was âan inspirationâ who âled a truly remarkable life dedicated to public service with a genuine care for peopleâ. Scottish First Minister John Swinney described the former president as âa good, decent, honest man who strove for peace in all that he didâ, while Welsh First Minister said he was âa remarkable manâ and âa humanitarian and scholarâ. Former prime minister Sir Tony Blair said Mr Carterâs âlife was a testament to public serviceâ. He added: âI always had the greatest respect for him, his spirit and his dedication. He fundamentally cared and consistently toiled to help those in need.â Mr Carter is expected to receive a state funeral featuring public observances in Atlanta, Georgia, and Washington DC before being buried in his hometown of Plains, Georgia. A moderate democrat born in Plains in October 1924, Mr Carterâs political career took him from the Georgia state senate to the state governorship and, finally, the White House, where he took office as 39th president in the wake of the Watergate scandal and the Vietnam War. His presidency saw economic disruption amid volatile oil prices, along with social tensions at home and challenges abroad including the Iranian revolution that sparked a 444-day hostage crisis at the US embassy in Tehran. But he also brokered the Camp David Accords between Egypt and Israel, which led to a peace treaty between the two countries in 1979. After his defeat in the 1980 presidential election, he worked more than four decades leading The Carter Centre, which he and his late wife Rosalynn co-founded in 1982 to âwage peace, fight disease, and build hopeâ. Under his leadership, the Carter Center virtually eliminated Guinea Worm disease, which has gone from affecting 3.5 million people in Africa and Asia in 1986 to just 14 in 2023. Mrs Carter, who died last year aged 96, had played a more active role in her husbandâs presidency than previous first ladies, with Mr Carter saying she had been âmy equal partner in everything I ever accomplishedâ. Earlier this year, on his 100th birthday, Mr Carter received a private congratulatory message from the King, expressing admiration for his life of public serviceSurveillance tech advances by Biden could aid in Trumpâs promised crackdown on immigration
Feminist clarity begins at home