President Donald Trump announced a 100% tariff on computer chips, exempting those made in the U.S. This decision followed a three-month temporary exemption during the COVID-19 pandemic. The move is expected to protect U.S. companies like Apple, which has committed $600 billion to domestic production, part of a collective $1.5 trillion investment by big tech in the U.S. since January. Apple’s stock rose 8% following the announcement, and Nvidia saw a slight increase. Matt Gagnon noted the nuanced nature of tariffs, comparing them to Milton Friedman’s views, which allowed for exceptions in infrastructure and defense.
A woman in Indiana who put off dental surgery because she doesn't know if she can afford the copay. A Florida couple with young children who are depleting their savings. A grandmother in Idaho who plans to sell her car to pay the rent. They are among the tens of thousands Transportation Security Administration officers set to receive another $0 paycheck this week.
Two people were killed and several others badly hurt when an Air Canada regional jet struck a fire truck on a runway while landing at New York's LaGuardia Airport, officials said.
Federal immigration officers have been seen at an airport in Atlanta after President Donald Trump said he'd deploy agents to supplement the Transportation Security Administration during a government shutdown that has caused long lines at security checkpoints across the country.
