Milton made landfall near Siesta Key, Florida as a Category 3 hurricane with maximum sustained winds of 120 mph, causing life-threatening storm surge, extreme winds, and flash flooding over Florida’s central peninsula. The hurricane, initially predicted to be a major Category 5 storm, rapidly intensified from a Category 2 to 4, threatening the west coast of Florida with destructive winds and storm surges while originating from the southwest Gulf of Mexico, a rare path not seen since 1867.
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Tariffs likely to drive up U.S. prices even with Trump trade deals, experts say
The U.S. will implement new tariffs starting at 15%, with potential increases up to 50% unless countries negotiate trade deals, impacting consumer prices and operational costs for companies like Nestlé and General Electric. Economists warn of gradual price hikes across various goods, particularly in categories reliant on imports, as the U.S. tariff regime becomes established. Want More Context? 🔎
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