Mar 21, 2018 - Economy & Business

U.S. and EU want "mutually acceptable outcomes" on tariffs

President Trump and Commerce Secretary Wilbur Ross. Photo: Chip Somodevilla / Getty Images

Commerce Secretary Wilbur Ross and European Trade Commissioner Cecilia Malmström released a joint statement saying they are looking for "mutually acceptable outcomes" for President Trump's recently announced steel and aluminum tariffs.

"We have agreed to launch immediately a process of discussion with President Trump and the Trump Administration on trade issues of common concern, including steel and aluminum, with a view to identifying mutually acceptable outcomes as rapidly as possible."

Why it matters: The EU threatened to strike back against President Trump's tariffs, which risked sparking a trade war with one of the United States' closest allies and trading partners.

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Axios

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

Global: Total confirmed cases as of 12 p.m. ET: 10,920,457 — Total deaths: 522,385 — Total recoveries — 5,789,032 — Map.
U.S.: Total confirmed cases as of 12 p.m. ET: 2,753,754 — Total deaths: 128,871 — Total recoveries: 781,970 — Total tested: 33,462,181 — Map.
Public health: The states where face coverings are mandatory — Fauci says it has been a "very disturbing week" for the spread of the coronavirus in the U.S.
Business: Top business leaders urge the White House to develop mandatory mask guidelines.
Economy: The economy may recover just quickly enough to kill political interest in more stimulus.
States: Florida reports more than 10,000 new coronavirus cases, and its most-infected county issues curfew.

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Rashaan Ayesh

2 hours ago - Sports

Washington Redskins to review team name amid public pressure

Photo: Patrick McDermott/Getty Images

The Washington Redskins have announced they will be conducting a review of the team's name after mounting pressure from the public and corporate sponsors.

Why it matters: This review is the first formal step the Redskins are taking since the debate surrounding the name first began. It comes after weeks of discussions between the team and the NFL, the team said.

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Dan Primack

3 hours ago - Economy & Business

Scoop: Instacart raises another $100 million

Illustration: Sarah Grillo/Axios Visuals

Grocery delivery company Instacart has raised $100 million in new funding, on top of the $225 million it announced last month, the company tells Axios. This brings its valuation to $13.8 billion.

Why it matters: This funding comes at what could be an inflection point for Instacart, as customers it acquired during coronavirus lockdowns decide whether they want to continue with the service or resume in-person grocery shopping.