Trump says U.S. to start discussions with China on TikTok deal, Reuters says
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Wall Street Journal
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Ultralong JGBs Slip Amid Fiscal Worries
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The Hill
27 minutes ago
- The Hill
Trump says Aug. 1 tariff deadline ‘not 100 percent firm'
President Trump on Monday indicated there may be some wiggle room for nations to negotiate on trade despite his fresh threat of additional tariffs going into effect on Aug. 1 Trump spoke to reporters hours after he issued letters to roughly a dozen countries informing them that they would face tariff rates of 25 percent and higher beginning Aug. 1. That deadline was delayed from July 9. 'Is the Aug. 1 deadline firm now? Is that it?' a reporter asked Trump during a dinner with Israeli Prime Minister Benjamin Netanyahu at the White House. 'No, I would say firm, but not 100 percent firm,' Trump replied. 'If they call up and they say we'd like to do something a different way, we're going to be open to that. But essentially that's the way it is right now.' Trump earlier Monday announced his administration would impose a 25 percent tariff on Japan and South Korea, two of the United States' largest trading partners. He also announced tariff rates that will go into effect next month on goods from Indonesia (32 percent), Bangladesh (35 percent), South Africa (30 percent), Malaysia (25 percent) and a handful of other countries. The White House has indicated Trump will announce additional letters in the days to come. The timing and severity of tariffs on other nations has been a shifting target since Trump took office, after vowing on the campaign trail to aggressively impose duties on imports. He has reportedly threatened tariffs on other nations, only to back off or delay their imposition. The president on April 2 announced 'reciprocal' tariffs on dozens of other countries, using trade deficits to help calculate the tariff rate. But a week later, he lowered those rates to 10 percent for 90 days as markets reacted negatively, giving time for negotiations. The 90-day window is set to expire Wednesday. 'We've talked to most of the countries and pretty much they've had their way for many, many decades as you know, and it was time we just wanted fairness,' Trump said Monday.
New York Post
27 minutes ago
- New York Post
Gen Z diners tripped up by common menu pricing abbreviation — and wind up slapped with $160 bill
Talk about a pricey 'POV.' Three Gen Z sisters got a not-so-tasty surprise when they ordered steak at a coastal North Carolina restaurant — only to realize too late what 'MKT' on the menu actually meant. Spoiler: it doesn't mean 'Marked down' — it means 'market price.' Advertisement In a TikTok video that's racked up more than 19 million views, Aribella Menold, 20, and her siblings shared their shock after ordering dinner at Moonrakers, a white-tablecloth waterfront joint in Beaufort. 'POV: You didn't know what 'mkt' meant on the steak menu and now you're paying for it,' the caption read as the camera panned to their stunned expressions and the $159.14 bill. The sisters had unknowingly racked up a hefty tab that included two 12 oz New York strip steaks for $52 each, a $28 baby kale Caesar salad with an extra $11 for grilled chicken, a $10 kid's grilled cheese and a $3 Sprite — proving once and for all that even salads can be a financial ambush. Advertisement Their subtotal came to $145 with a 3% credit card surcharge that added an additional $4.35 and the 6.75% sales tax tacked on another $9.79. 'We thought the price was going to be like $20-$30,' Menold told Newsweek. Turns out, 'MKT' is restaurant shorthand for 'market price,' a cryptic code used for items that fluctuate based on availability, seasonality and ingredient cost — usually seafood or steak. In other words: if you have to ask, you probably can't afford it. Advertisement Menold's video, originally posted to Instagram and then to TikTok, blew up overnight. Luckily for the sisters, their wallets were spared the full damage. 'Our grandpa ended up paying for it, which was so sweet of him,' Menold explained to the outlet. The sisters unknowingly feasted their way to a fat bill totaling $160. Aribella_Menold/TikTok But the internet had thoughts — and no shortage of them. Advertisement '$160 is not bad if you divide the bill by three, each person pays 53 dollars which is good,' one commenter shrugged. Another gasped, 'That's like 53-55$ each girl is spending on dinner. That's wild tbh.' Others zeroed in on the leafy green culprit: 'Okay but a salad being 28 dollar [s] is diabolical.' Still, some blamed the staff for not stepping in: 'Honestly shame on your server for not informing you of the price when it's clearly not listed. One complaint and all of my old bosses would have ripped me a new one for not informing the guest and probably make me pay out of pocket for it.' A separate TikTok user offered this sage advice: 'Unless you're rich, don't buy items off a menu if they don't have a price.' Lesson learned: when dining out, always ask the price — or bring your grandpa. As The Post previously reported, a whistleblowing ex-staffer at California's now-closed Automat claimed those feel-good 'living wage' fees slapped on your bill are nothing but a tip-toeing façade. Advertisement 'If you see a restaurant charging a 'cost of living,' 'equal pay' or 'mandatory service fee' like the 20% this restaurant did, be suspicious,' Jordan Smith explained in an Instagram story post shared by Eater San Francisco. 'It's possible the back-of-house teams aren't seeing much of that money,' he continued regarding the non-server crew. Meanwhile, a ticked-off diner went viral last month after posting a receipt showing a mandatory 'living wage fee' — and the internet lost its appetite. Turns out 'MKT' is just fancy menu-speak for 'market price' — a slippery little code used for steaks, seafood and other dishes that change with the tides and the supply chain. nicoletaionescu – Advertisement Tipping rules may differ coast to coast, but here in NYC, the law's pretty clear: 'Restaurants cannot charge a surcharge or other fee in addition to listed food or beverage prices,' per the city's Consumer and Worker Protection rules. However, they can 'charge a bona fide service charge — but only if the charge is conspicuously disclosed to consumers before food is ordered.'
