Fentanyl crisis

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Oh Canada! Trump threatens Canadian imports with 35% tariff, citing fentanyl crisis
MSNBC· 2025-07-11 15:23
Trade War & Tariffs - The US president is reigniting a trade war with Canada, threatening a 35% tariff on goods if a deal isn't struck by August 1 [1][2] - The president is also making trade moves against Brazil, potentially leading to further negotiations before August 1 [3] - The average American could pay $2,400 more per year if the tariffs remain in place [5] - The current average tariff imposed by the US is 15-16%, the highest since 1936 [6] - The imposition of tariffs may lead to price increases in the fall, particularly for auto dealers [7] Fentanyl & Border Security - Of the 22,000 pounds of fentanyl that crossed the American border, only 43 pounds came from Canada [4] - The president is making false claims about the amount of fentanyl flowing from the northern border [2] Trade Agreement Progress - The president promised 90 deals in 90 days, but only two framework agreements and one tariff pause with China have materialized [9] - There is a lack of clarity regarding the rationale for tariffs, whether it's to raise revenue, reduce the deficit, or level the playing field [10] Economic Impact & Market Reaction - The tariffs haven't significantly impacted inflation yet, possibly due to businesses using pre-tariff inventories [7] - Wall Street seems to believe the president will eventually back away from the tariffs [11] - Even if the president backs away, baseline tariffs could remain 10%, almost five times higher than the previous administration [11]
Nightly News Full Broadcast - July 1
NBC News· 2025-07-02 02:38
Tonight, breaking news. The jury has reached a partial verdict in the Shaun Diddy Combmes case. We'll take you inside court.What Combmes did when he learned the jury had already reached a verdict on four counts after just two days of deliberating. But the most complex and punitive charge. Racketeering.The jury still not unanimous. We're live. Travel nightmare.Severe storms. Crushing travel along the I95 corridor. Ground delays and ground stops at airports along the east coast.Thousands of delays nationwide. ...