Hispanic business suffering amid Trump immigration crackdown
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
17 minutes ago
- Yahoo
EU, South Korea seek US trade deals to soften tariff blow
By Philip Blenkinsop and Hyunjoo Jin BRUSSELS/SEOUL (Reuters) -The European Union and South Korea said on Monday they were working on trade deals with U.S. President Donald Trump that would soften the blow from looming tariffs as Washington threatens to impose hefty duties from August 1. Trump stepped up his trade war on Saturday, saying he would impose a 30% tariff on most imports from the EU and Mexico from next month, adding to similar warnings for other countries including Asian economic powerhouses Japan and South Korea. White House Economic Adviser Kevin Hassett said on Sunday that countries' trade deal offers so far have not satisfied Trump and "the tariffs are real" without improvements to their proposals. "The president thinks that deals need to be better," Hassett told ABC's This Week program. "And to basically put a line in the sand, he sent these letters out to folks, and we'll see how it works out." European Trade Commissioner Maros Sefcovic expressed optimism that Washington and the EU were approaching a positive outcome for both sides. He warned, however, that a 30% tariff would practically eliminate trade between the U.S. and the 27-nation bloc, which are currently each other's largest trading partners. "We continue to engage with the U.S. administration and prioritise a negotiated solution by the new deadline of August 1. I cannot imagine walking away without any effort," Sefcovic said ahead a meeting with EU trade ministers in Brussels. German Chancellor Friedrich Merz, meanwhile, issued a stark warning on Sunday regarding the impact of a tariff at that level on the EU's largest economy. "If that were to happen, we would have to postpone large parts of our economic policy efforts, because it would interfere with everything and hit the German export industry to the core," Merz said. The EU has so far held off on retaliatory measures to avoid a spiralling tit-for-tat escalation in the trade war while there remains a chance of negotiating an improved outcome. But Italy's Foreign Minister Antonio Tajani said the EU has already prepared a list of tariffs worth 21 billion euros ($24.5 billion) on U.S. goods if the two sides fail to reach a trade deal. MARKETS' MUTED REACTION Since returning to the White House earlier this year, Trump has sought to use an array of tariffs to boost the U.S. economy, push companies to invest in the United States, and revitalise sectors including manufacturing. His initial "Liberation Day" tariff announcement in April, which set a baseline tariff of 10% on all imports and higher duties on certain products or countries, raised fears of global supply chain disruptions, sending shockwaves through markets. But subsequent U-turns and delays, including a 90-day pause on most duties aimed at allowing time for trade deal negotiations, have left investors largely inured to Trump's chaotic policy roll-outs. Stocks eased moderately on Monday, while the dollar gained little on the euro. The impact on European spirits companies, many of which rely heavily on the U.S. market, was also mixed. Shares in Diageo, whose U.S. business is driven by sales of Canadian whisky and Mexican tequila, rose 1% in early European trade. Rival Pernod Ricard, maker of Jameson Irish whiskey, saw its shares fall 1%, while cognac maker Remy Cointreau dropped 2.4% SCRAMBLE FOR DEALS The looming August 1 deadline has set off a scramble by governments around the world to seal trade agreements. South Korea's top trade envoy said on Monday it may be possible to strike an "in-principle" deal by the deadline and signalled that Seoul may be open to allowing the U.S. greater access to its agriculture markets, local media reported. Minister for Trade Yeo Han-koo, who held high-level talks with U.S. officials last week, said South Korea was seeking to avoid "unfair" U.S. tariffs on sectors key to its industrial prowess that would undermine industrial cooperation with its main security ally and trading partner, media reports said. "I believe it's possible to reach an agreement in principle in the U.S. tariff negotiations, and then take some time to negotiate further," the Newsis news agency quoted Yeo as telling local media reporters. "Twenty days are not enough to come up with a perfect treaty that contains every detail," he added. South Korea is in a race to reach a compromise trade pact in the hope of avoiding a 25% tariff slapped on its exports, the same level faced by Japan. (Additional reporting by Milan Strahm, Cristina Carlevaro, David Lawder, John Revill, Andreas Rinke, Wayne Cole and Emma RumneyWriting by Keith WeirEditing by Joe Bavier) Sign in to access your portfolio
Washington Post
21 minutes ago
- Washington Post
Trump says U.S. to send weapons to Ukraine again
Politics Trump says U.S. to send weapons to Ukraine again July 14, 2025 | 9:50 AM GMT President Donald Trump said July 13 that the United States would soon send Patriot missile interceptors to Ukraine, two weeks after the U.S. decision to pause weapons deliveries to Kyiv.
Yahoo
21 minutes ago
- Yahoo
Homes in Cleveland County sold for higher prices recently: See how much here
Newly released data from for April shows that potential buyers and sellers in Cleveland County saw higher home sale prices than the previous month's median of $223,750. The median home sold for $240,000, an analysis of data from shows. That means April, the most recent month for which figures are available, was up 7.3% from March. Compared to April 2024, the median home sales price was up 6.7% compared to $225,000. sources sales data from real estate deeds, resulting in a few months' delay in the data. The statistics don't include homes currently listed for sale and aren't directly comparable to listings data. Information on your local housing market, along with other useful community data, is available at Here is a breakdown on median sale prices: Looking only at single-family homes, the $238,000 median selling price in Cleveland County was up 6.4% in April from $223,750 the month prior. Since April 2024, the sales price of single-family homes was up 5.8% from a median of $225, single-family homes sold for $1 million or more during the month. In April, the number of recorded sales in Cleveland County dropped by 5.7% since April 2024 — from 124 to 117. All residential home sales totaled $29.4 million. Across North Carolina, homes sold at a median of $354,858 during April, a slight increase from $354,675 in March. There were 14,507 recorded sales across the state during April, down 17% from 17,469 recorded sales in April 2024. Here's a breakdown for the full state: The total value of recorded residential home sales in North Carolina decreased by 39% from $12 billion in March to $7.3 billion this April. Out of all residential home sales in North Carolina, 6.92% of homes sold for at least $1 million in April, down from 8.95% in April 2024. Sales prices of single-family homes across North Carolina decreased by 1.4% from a median of $360,000 in March to $355,000 in April. Since April 2024, the sales price of single-family homes across the state was down 1.4% from $360,000. Across the state, the sales price of condominiums and townhomes rose 5.1% from a median of $333,000 in March to $350,000 during April. The median sales price of condominiums and townhomes is down 1.8% from the median of $356,541 in April 2024. The median home sales price used in this report represents the midway point of all the houses or units listed over the given period of time. The median offers a more accurate view of what's happening in a market than the average sales price, which would mean taking the sum of all sales prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high sale. The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us. This article originally appeared on The Shelby Star: Homes in Cleveland County sold for higher prices recently: See how much here
