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Paul Wiseman, AP Economics WriterWASHINGTON (AP) – Trade war president Donald Trump has promised that he threatened the world economy and has tensed and promised long-standing US alliances in Europe and Asia.Items imported from dozens of countries and territories are currently expected to be taxed at significantly higher rates, which is expected to raise costs from cars to clothing to computers.These tariffs could run as high as 50%, but they are intended to punish the country for trade barriers that Trump unfairly restricts US exports and claims to carry out a massive trade deficit.Even countries where the US enjoys a…
A teen gang member accused of murdering a police sergeant in Newark, New Jersey, could face trial as an adult in federal court.Interim US attorney Alina Haba confirmed on Thursday that she took over the case and submitted the necessary documents to try the 14-year-old suspect as an adult.The teenager is said to have shot and killed Detective Joseph Azkona, 26, of the Newark Police Department on March 7th.”This really should be,” Haba said in an interview with Fox News. “If you shoot a police officer, if you shoot someone, I don’t care what your age is. If you’re part…
TAMPA, Fla. (WFLA) – After a smile and a bell cry, the US saw stocks falling in response to President Trump’s announcement of a new mutual global tariff. USF Economics professor Michael Snipes explained why the stock fell on Thursday. Despite the backlash, Florida County’s time limits are moving forward with bills in the House “Whenever a policy is submitted, I don’t know exactly when it will be proposed or when it will be installed. What does cost mean? It means my input cost. For 401k people tied to the stock market, Snipes admits that they can see the amount…
Financial markets around the world are caught up in the wake of President Donald Trump’s latest and most serious tariff set, with US stock markets at their worst.The S&P 500 fell 4.8% on Thursday, more than other major stock markets. The Dow Jones industrial average fell by 1,679 points, while the Nasdaq composites sank 6%.It was hardly spared as it flares globally about the potentially toxic mix of potentially toxic economic growth and inflation that tariffs likely to generate.Thursday:The S&P 500 fell to 274.45 points (4.8%) to 5,396.52.The Dow Jones industrial average fell 1,679.39 points (4%) to 42,545.93.Nasdaq Composite fell…
By María Verza and Fabiola SánchezMEXICO CITY (AP) — Mexico celebrated on Thursday for dodging the latest tariffs from the White House targeting dozens of US trading partners around the world, but quickly reminded them that the global economy cannot completely avoid the effects of uncertainty.President Claudia Sinbaum said that free trade agreements signed by Mexico, Canada and the United States during Trump’s first administration protected Mexico.Now, her government is focusing on existing 25% US tariffs on imported cars, steel and aluminum, accelerating domestic production to protect jobs and reduce imports.”In my last call with President Trump, I said that…
TAMPA, Fla. (WFLA) – A Tampa woman came face to face with the crocodile and jumped onto her back to save the life of her beloved dog. Luckily, it was a horrifying moment that took place in seconds when she and her dog survived the attack. Kona, 9, is a rescuer and her owner, Kimberly Spencer, rescued her on Tuesday.”All of a sudden I heard something, I looked over, I looked like an eye in the water, and saw it bend immediately. It had come to us.Spencer was off for a walk with his dog when his eyes appeared in…
TALHASSEE, Fla. (WFLA) — Florida voters may have the opportunity to set term limits not only for state legislators, but also for county commissioners and school board members. The biggest proposed? Eight years in office. But there is fiery debate about the efforts to put this issue into the 2026 poll. St. Petersburg City Council votes to replace the roof of Tropicana Field “We know that Americans want term limits at every level of government. We know that Floridians want term limits at every level of government,” state Sen. Michelle Zamman (R-Escambia County). Duration restrictions are topics that are being…
KIE WEST, Fla. (WFLA) – United Airlines flights made an emergency landing in Virginia Thursday after crews reported a fire in their cabin, according to a Federal Aviation Administration statement. A statement provided to NBC said United Airlines flight 1513 had safely landed at Washington Dulles International Airport around 4:45pm local time. Dow drops 1,600 as US stocks leads global sales after Trump’s tariffs cause a Covid-like shock Officials said the Boeing 737 has taken off from Key West International Airport and headed for Newar Liberty International Airport in New Jersey. Authorities did not say whether they were injured or…
By Will WeissartWASHINGTON (AP) – President Donald Trump has pledged tariffs to raise the US high enough to reflect other valuations as trade punishments for US goods.What he actually imposes is based on much more complicated mathematics.Let’s take a look at how the White House got that number.Why do new tariff rates often differ from country to country?The Trump administration has declared a “economic emergency” that bypasses Congress and places 10% tariffs on almost every country and territory. It sets even higher taxes in around 60 countries, calling it the “worst” criminal.The 10% global tariff will come into effect at…
Mia Farrow will be attending the Florida Film Festival this month as part of a special programme that includes a screening of “Baby Rosemary.” She previously announced special guest Christina Rich, who has announced special guest Christina Rich of fame, the “Adams Family” and “Yellow Jacket” special guest Christina Rich. Ricci’s program includes the 30th annual screening of “Next time.”In addition to her long screen career, Farrow has been praised for her social activities, particularly her involvement with UNICEF and her humanitarian efforts in the war in the Darfur region of Sudan.True-Crime Disney documentary opens Florida Film FestivalShe is also…