May 10, 2019 - Economy & Business

As midnight strikes, Trump's China trade war spikes

Photo: Alex Wong/Getty Images

President Trump raised tariffs on $200 billion of Chinese goods from 10% to 25% overnight on Friday, as he threatened to do earlier this week, and could move to impose new tariffs on all Chinese exports to the U.S.

Why it matters: This increase "made clear that Mr. Trump sees tariffs as a winning tactic, both internationally ... and at home with Congress," the Wall Street Journal writes. Beijing said it plans to retaliate to the tariff spike.

What's next: Talks between the U.S. and China are set to resume later today, but "some close observers said they were not hopeful for any meaningful breakthroughs," per Bloomberg.

Go deeper: How tariffs on China could hit the U.S. hard, too

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Erica Pandey

32 mins ago - Economy & Business

The coronavirus is ushering in a new era of surveillance at work

Illustration: Sarah Grillo/Axios

As companies continue to prepare for the return of their employees to the workplace, they're weighing new types of surveillance in the name of safety.

Why it matters: Just as the coronavirus pandemic has acted as an accelerant for the adoption of remote work, it has also normalized increased surveillance and data collection. In the post-pandemic workplace, our bosses will know a lot more about us than they used to.

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Axios

Updated 41 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

Global: Total confirmed cases as of 6 p.m. ET: 11,712,663 — Total deaths: 540,582 — Total recoveries — 6,381,954 — Map.
U.S.: Total confirmed cases as of 6 p.m. ET: 2,981,602 — Total deaths: 131,238 — Total recoveries: 924,148 — Total tested: 36,225,015 — Map.
2020: Biden releases plan to strengthen coronavirus supply chain.
Public health: Fauci says it's a "false narrative" to take comfort in lower coronavirus death rate — Deborah Birx: Some Southern states "stepped on the gas" when reopening.
World: Brazil's President Bolsonaro tests positive— India reports third-highest case count in the world.

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Jacob Knutson

Updated 2 hours ago - Politics & Policy

Trump administration notifies UN of intent to withdraw from WHO

Photo: Tasos Katopodis/Getty Images

The Trump administration informed the United Nations and Congress on Tuesday that the U.S. is officially beginning the process of withdrawing from the World Health Organization. The UN is now "in the process of verifying with the WHO whether all the conditions for such withdrawal are met," according to a spokesperson.

Why it matters: President Trump's decision to formally withdraw from the UN's global health agency — which will take effect on July 6, 2021 — comes as the pandemic continues to accelerate both in the U.S. and around the world. The U.S. is by far the largest donor to the WHO out of any country, contributing more than 14% of its total budget.