Xi and Trump Had Their Call. Ties Are Still Bedeviled by Tech
The chat means the fragile trade truce reached in Geneva lives another day, even though it's unclear what actual progress the two sides made.
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Bloomberg
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- Bloomberg
Fujifilm Raises Camera and Lens Prices in the US Amid Tariffs
Fujifilm Holdings Corp. raised US prices for the majority of its digital cameras and lenses on Friday, in some cases by hundreds of dollars, as President Donald Trump's tariffs continue to reverberate across the consumer tech industry. Many of the company's camera bodies, which are popular with creators and professionals on account of their film simulations and unique color rendering, are now $200 more expensive than they were on Thursday evening. For instance, Fujifilm's premier consumer camera, the X-T5, sold for $1,699 earlier this week but now costs $1,899, a 12% bump.
Miami Herald
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Perceptions on who faces discrimination in US have changed, poll finds. See how
Americans' perceptions of discrimination in the United States are different now than four years ago — with a new group being recognized as facing the most discrimination, a poll found. Immigrants without legal status are now being perceived by the public as experiencing more discrimination than any other group in the U.S., and the number of Americans who said Asian people and Black people are being discriminated against has decreased significantly since 2021, according to a July 31 Associated Press-NORC poll. The survey of 1,437 U.S. adults was taken July 10-14 and has a margin of error of plus or minus 3.6 percentage points. While the earlier poll came on the heels of the COVID-19 pandemic — a time when many were worried about incidents of violence against Asian Americans because of the pandemic's reported origin — and nearly a year after the death of George Floyd while communities were still holding sweeping demonstrations against racial inequality in the country, the recent poll comes as President Donald Trump's administration continues an aggressive immigration crackdown. More than 60,000 immigrants in the U.S. illegally, including some who do not have criminal records, were arrested within the first 100 days of Trump's second term, according to U.S. Immigration and Customs Enforcement data. Immigrant advocacy groups have complained and filed lawsuits against the administration in cases involving the deportation of U.S. citizens or people married to U.S. citizens, along with the mass deportations, McClatchy News reported. A majority of Americans, 58%, said they think immigrants without legal status face 'a great deal' or 'quite a bit' of discrimination — a shift from four years ago when Black Americans were seen as the group experiencing the most discrimination, according to the poll. Twenty-six percent of respondents said immigrants living illegally in the U.S. face a 'moderate' amount of discrimination, while 15% said they face 'only a little' or 'none at all,' per the poll. A plurality of respondents, 42%, said immigrants living in the U.S. with legal status face a lot of discrimination, the poll found. Black people and Hispanic people were also seen by Americans as facing higher amounts of discrimination, with 45% and 44%, respectively, saying that was the case, according to the poll. However, the number of respondents who said Black people face a lot of discrimination dropped significantly: 15 percentage points since a previous poll in April 2021, researchers said. The number of people who said Asian Americans were experiencing a 'great deal of' discrimination also considerably decreased from 45% in 2021 to 32% in 2025, according to the poll. Perceptions of discrimination among Hispanic people and white people also saw a small drop since 2021, researchers said.
CNN
3 minutes ago
- CNN
Here's what could get more expensive from Trump's massive tariff hikes
President Donald Trump has said that tariffs won't lead to higher prices. But the United States economy seems to disagree: Inflation, which has remained fairly tame, is slowly creeping up because of tariffs. Trump's latest round of higher taxes on imports, which goes into effect next week, will immediately make imported goods from impacted countries more expensive in the United States. And while businesses have tried to shoulder part of the cost, they now may be forced to pass along some of those expenses to consumers. That means higher prices for Americans. Here's what could get more expensive: Computers are among the top goods the United States imported last year, according to US Commerce Department data. The top countries that exported computers and other electronic products to the United States last year were China, Mexico, Taiwan, Vietnam and Malaysia. Goods from China already face a minimum 30%, albeit with some exclusions. However, rates could soon shoot even higher if a trade deal is not reached with China by August 12. Goods from Mexico can be shipped to the US duty-free if they comply with a trade deal Trump signed during his first term. Meanwhile, goods from Taiwan, Vietnam and Malaysia are all set to be taxed at nearly double their current levels by next week. Though price increases have been tame across the board, computers cost consumers nearly 5% more in June of this year compared to last, according to Consumer Price Index data. While not among the top five sources of foreign-produced computers, India is still a major supplier of computers and other electronics to the US. Goods from there are set to face 25% minimum tariffs. Economists at the Yale Budget Lab estimate that the tariffs Trump announced as of Thursday, if put in place indefinitely, could cause computer and other electronic prices to rise by 18.2% in the short run and 7.7% in the long run. (The authors of the analysis published Friday don't provide a specific timeframe for what qualifies as long run versus short run.) As with electronics, America buys much of its apparel from other countries. Top destinations include China, Vietnam, Bangladesh, India and Indonesia. The tariffs Trump is placing on these countries are impactful for the cost clothing, especially since that's one of the top goods the US imports overall. Yale Budget Lab estimates prices could rise by 37.5% in the short run and 17.4%. Wristwatches are one of the top exports to the United States from Switzerland, which is set to face a 39% 'reciprocal' tariff. Last year the country sent over $4 billion worth of watches to the United States. Prices of leather products, which often includes watches, are estimated to rise by 39.7% in the short run and 18.9% in the long run. China, Vietnam and Indonesia are top destinations where shoes are made and tariffs are set to start at a minimum of 19% for the three countries, come next week. Like watches, many kinds of shoes use leather and could face similar price increases as a result. Vietnam is the top source of imported furniture, followed by China. China and Vietnam are the top two countries that ship toys to the United States. Toy brands have already been warning of higher prices due to the tariffs in place on Chinese goods. The higher tariffs on Vietnamese goods are also likely to be a pressure point.
