The White House confirmed President Donald Trump will impose 25% tariffs on Mexico and Canada, as well as a 10% duty on China, in response to the distribution of illegal fentanyl into the U.S. Details on how the tariffs will be implemented were not provided, with the announcement causing a 0.7% drop in the Dow Jones Industrial Average and losses in the S&P 500 and Nasdaq Composite. The levies will be available for public inspection on Saturday.
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King’s Birthday Weekend Weather: 130km/h winds and large swells hit NZ
A strong west to southwest flow will bring 130km/h winds and 6m waves this weekend. Warnings are in place for severe gales and large swells, particularly affecting the South Island, with MetService highlighting risks along western coastlines. For those planning beach getaways, these conditions will result in substantial southwest swells throughout the weekend. However, Monday is expected to be calmer, providing the best conditions for outdoor activities. Full Article
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