May 30, 2018 - Economy & Business

U.S. tells Europe to follow China’s example on paying tariffs

Commerce Secretary Wilbur Ross. Photo: Cheriss May/NurPhoto via Getty Images

Commerce Secretary Wilbur Ross criticized the European Union on Wednesday for not negotiating on trade thanks to the United States' steel and aluminum tariffs, citing China as a counterexample, CNBC reports:

"China are paying their tariffs ... China hasn't used that as an excuse not to negotiate ... It's only the EU that is insisting we can't negotiate if there are tariffs."

The big picture: Dutch Foreign Trade and Development Minister Sigrid Kaag said at an economic forum in Paris on Wednesday that EU lawmakers are open to trade talks, but won't "negotiate under threat," per CNBC.

Go deeper

Sara Fischer, Ashley Gold, Kyle Daly, Dan Primack
37 mins ago - Technology

Trump tightens screws on ByteDance to sell Tiktok

Illustration: Aïda Amer/Axios

President Trump added more pressure Friday night on China-based TikTok parent ByteDance to exit the U.S., ordering it to divest all assets related to the U.S. operation of TikTok within 90 days.

Between the lines: The order means ByteDance must be wholly disentangled from TikTok in the U.S. by November. Trump had previously ordered TikTok banned if ByteDance hadn't struck a deal within 45 days. The new order likely means ByteDance has just another 45 days after that to fully close the deal, one White House source told Axios.

Go deeper (1 min. read)Arrow
Axios
Updated 45 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 9:30 p.m. ET: 21,056,850 — Total deaths: 762,293— Total recoveries: 13,100,902 — Map.
  2. U.S.: Total confirmed cases as of 9:30 p.m ET: 5,306,215 — Total deaths: 168,334 — Total recoveries: 1,796,309 — Total tests: 65,676,624 — Map.
  3. Health: CDC: Survivors of COVID-19 have up to three months of immunity —Fauci believes normalcy will return by "the end of 2021" with vaccine — The pandemic's toll on mental health — FDA releases first-ever list of medical supplies in shortage.
  4. States: California passes 600,000 confirmed coronavirus cases.
  5. Cities: Coronavirus pandemic dims NYC's annual 9/11 Tribute in Light.
  6. Business: How small businesses got stiffed — Unemployment starts moving in the right direction.
  7. Politics: Biden signals fall strategy with new ads.
Go deeper (<1 min. read)Arrow
Alexi McCammond
7 hours ago - Politics & Policy

Harris: "Women are going to be a priority" in Biden administration

Sen. Kamala Harris at an event in Wilmington, Del. Photo: Drew Angerer/Getty Images

In her first sit-down interview since being named Joe Biden's running mate, Sen. Kamala Harris talked about what she'll do to fight for women if elected VP, and how the Democrats are thinking about voter turnout strategies ahead of November.

What they're saying: "In a Biden-Harris administration women are going to be a priority, understanding that women have many priorities and all of them must be acknowledged," Harris told The 19th*'s Errin Haines-Whack.

Go deeper (2 min. read)Arrow