Treasury Secretary Scott Bessent stated that President Trump’s proposed tariffs are unlikely to raise inflation, as China will absorb the costs. The tariffs, scheduled to take effect on Tuesday, include a 25% duty on imports from Mexico and Canada, and an additional 10% tariff on Chinese imports. China has vowed to retaliate against the U.S. tariffs, and Bessent mentioned that Mexico has proposed matching the U.S. tariffs on China to avoid being affected, urging Canada to do the same.
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Three sisters drown in migrant boat in Mediterranean, rescuers say
Three young sisters, aged nine, 11, and 17, drowned in a rubber boat carrying migrants in the central Mediterranean after it became dangerously overcrowded and began taking on water. While about 65 people were rescued, including their mother and brother, many survivors suffered severe chemical burns, and over 700 have died attempting to cross this route from North Africa this year. Want More Context? 🔎
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