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Friday, May 30, 2025

Trump says China is violating its trade agreement with the U.S.

May 30, 2025
Trump says China is violating its trade agreement with the U.S.New Foto - Trump says China is violating its trade agreement with the U.S.

President Trump on Friday said that China is violating a trade agreement with the U.S., just weeks after the two countries agreed to atemporary but significant easingof tariffs imposed on each other's imports earlier in the year. Mr. Trump didn't specify in what way he believes China is violating the agreement. On May 12, the two nations committed to a 90-day suspension of most of the levies imposed since early April. Under the agreement, the U.S. reduced tariffs on Chinese goods to about 30% from 145%, while China reduced its levies on American imports to 10%. "I made a FAST DEAL with China in order to save them from what I thought was going to be a very bad situation, and I didn't want to see that happen. Because of this deal, everything quickly stabilized and China got back to business as usual," Mr. Trump wrote on Friday morning on his Truth Social app. He added, "The bad news is that China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US. So much for being Mr. NICE GUY!" —This is breaking news and will be updated. How Karen Read's retrial had differed as the prosecution rests its case FBI offers reward for information leading to arrest of ex-police chief who escaped prison Alleged crypto kidnappers had two NYPD detectives working as security, sources say

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US goods trade deficit narrows sharply in April as imports plunge

May 30, 2025
US goods trade deficit narrows sharply in April as imports plungeNew Foto - US goods trade deficit narrows sharply in April as imports plunge

WASHINGTON (Reuters) -The U.S. trade deficit in goods narrowed sharply in April as the boost from the front-running of imports ahead of tariffs faded. The goods trade gap contracted 46.0% to $87.6 billion last month, the Commerce Department's Census Bureau said on Friday. Goods imports decreased $68.4 billion to $276.1 billion. Exports of goods increased $6.3 billion to $188.5 billion. A rush to beat import duties pushed the goods trade deficit to a record high in March. The front-running of imports is probably not over. Higher duties for most countries have been postponed until July, while those for Chinese goods have been delayed until mid-August amid negotiations between President Donald Trump's administration and trade partners. Economists said that could see some businesses trying to bring in more imports given the lack of clarity about what happens after the 90-day pauses. Adding to the uncertainty, a U.S. trade court on Wednesday blocked most of Trump's tariffs from going into effect in a sweeping ruling that the president overstepped his authority. They were temporarily reinstated by a federal appeals court on Thursday. A record trade gap accounted for a large part of the 0.2% annualized rate of decline in gross domestic product in the first quarter. (Reporting By Lucia Mutikani; Editing by Chizu Nomiyama)

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Karen Read trial live updates: Defense ready to present its case

May 30, 2025
Karen Read trial live updates: Defense ready to present its caseNew Foto - Karen Read trial live updates: Defense ready to present its case

Testimony is expected to resume Friday inKaren Read's second murder trial,as the Massachusetts woman's defense team prepares to present its case to the jury. On Thursday, prosecutors finishedhighlighting evidencethey believe showed that Read, 45, struck her Boston police officer boyfriend, John O'Keefe, with her SUV and left him for dead in the snow outside another cop's home after a night of heavy drinking with friends in 2022. The former finance professor has been charged with second-degree murder, manslaughter and leaving the scene of a crime. Like true crime? Check out Witness: A library of true crime stories But her defense team alleges the car crash at the center of the prosecutor's case never even happened. More:Karen Read claims police bungled the investigation. What did they supposedly do wrong? They say Read was framed for O'Keefe's murder ina conspiracy theorydeveloped by Massachusetts police officers, who they say beat O'Keefe, set a ravenous dog on him and then dropped his battered body on a pile of snow during a burgeoning blizzard. So far, Read's lawyers have built their case by fiercely questioning the prosecution's witnesses, often sewing doubt into the reliability of evidence they've presented. Now, they will begin trying to convince jurors of their own version of the events that led up to O'Keefe's death on January 29, 2022. The strategy is nearly identical to that used by the defense team in Read's first trial, whichended in a hung juryin 2024. CourtTV has been covering the case against Read and the criminal investigation since early 2022, when O'Keefe's body was found outside a Massachusetts home. You can watchCourtTV's live feed of the Read trialproceedings from Norfolk Superior Court in Dedham, Massachusetts. Proceedings began at 10 a.m. ET. This article originally appeared on USA TODAY:Karen Read trial live updates: Defense team ready to present its case

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Bernard Kerik, who led NYPD on 9/11 before prison and pardon, has died at 69

May 30, 2025
Bernard Kerik, who led NYPD on 9/11 before prison and pardon, has died at 69New Foto - Bernard Kerik, who led NYPD on 9/11 before prison and pardon, has died at 69

NEW YORK (AP) — Bernard Kerik, who served as New York City's police commissioner on 9/11 and later pleaded guilty to tax fraud before being pardoned, has died. He was 69. FBI Director Kash Patel said that Kerik's death Thursday came after an unspecified "private battle with illness." Former Mayor Rudy Giuliani, who tapped Kerik as a bodyguard for his 1993 mayoral campaign and later appointed him to lead the NYPD, reflected on their long history onhis show Thursday. "We've been together since the beginning. He's like my brother," Giuliani said through tears. "I was a better man for having known Bernie. I certainly was a braver and stronger man." New York City Mayor Eric Adams, also a former NYPD officer, said he'd visited Kerik, his "friend of nearly 30 years," at a hospital earlier in the day. Kerik, an Army veteran, was hailed as a hero after the 9/11 attack and eventually nominated to head the U.S. Department of Homeland Security, before a dramatic fall from grace that ended with him behind bars. He served nearly four years in prison after pleading guilty in 2009 to tax fraud, making false statements and other charges. The charges stemmed partially from apartment renovations he received from a construction firm that authorities say wanted Kerik to convince New York officials it had no links to organized crime. During Kerik's sentencing, the judge noted that he committed some of the crimes while serving as "the chief law enforcement officer for the biggest and grandest city this nation has." President Donald Trump pardoned Kerikduring a 2020 clemency blitz. Kerik was one of the guests feting Trump after his first federal court appearance in Florida in a case related to his handling of classified documents. Kerik grew up in Paterson, New Jersey, where he dropped out of the troubled Eastside High School later depicted in the 1989 film "Lean on Me." He joined the Army, where he became a military policeman stationed in South Korea. He went on to work private security in Saudi Arabia before returning stateside to supervise a jail in New Jersey. He joined the NYPD in the late 1980s and was appointed in the 1990s to run New York's long-troubled jail system, including the city's notorious Riker's Island complex. Kerik was appointed by Giuliani to serve as police commissioner in 2000 and was often by the mayor's side in the period after the Sept. 11, 2001, attacks. "He was at my side within 20 minutes of the attack and never left," Giuliani recalled in a statement following Kerik's death. In Kerik's 2015 book, "From Jailer to Jailed," he described becoming "America's Top Cop" after the attacks. "But I'd give anything for that day not to have happened. I wish it hadn't. But it did," he wrote. "And I happened to be there at the time. I was there, and I did the best I could do under the circumstances. It's all any of us did." He was tapped by President George W. Bush to help organize Iraq's police force in 2003, then nominated to head the U.S. Department of Homeland Security the following year. But Kerik caught the administration off guard when he abruptly withdrew his nomination, saying he had uncovered information that led him to question the immigration status of a person he employed as a housekeeper and nanny. More serious legal troubles followed, culminating in his conviction. In 2005, Kerik founded the Kerik Group, a crisis and risk management consulting firm. More recently,he workedfor Giuliani again, surrounding the efforts to overturn Trump's 2020 loss. ___ This story has been corrected to show that Kerik pleaded guilty in 2009, not 2010.

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What to buy in June... and some things to wait on

May 30, 2025
What to buy in June... and some things to wait onNew Foto - What to buy in June... and some things to wait on

Thinking of shopping in June?  Think dads, and grads, and the great outdoors. June is a great month to shop for gifts and outdoor equipment, with retailers offering deals on items for Father's Day, graduations and summer adventures.At Benchmark Outdoor Outfitters, the shelves are stocked with summer outdoor gear, from backpacks to camping chairs and popular coolers. "We have the Yeti Tundra, their most classic cooler," Max Artbauer, a salesman at Benchmark, said. For shoppers on a budget -- who wince at the cost of anything Yeti or Stanley -- Artbauer recommends water bottles like Hydroflasks or inexpensive Nalgenes. "It's just basic. $16, the hiker classic," he said of a green Nalgene water bottle.Consumer Reports' deals editor Samantha Gordon says June will bring numerous promotions on gifts for Father's Day and graduations, particularly on tech products, power tools, lawn care equipment and stereotypical "dad" gifts. RELATED STORY |Woman loses $500 on gift card when tour company shuts down CLICK HEREfor Consumer Reports' list of the best June deals."We're looking at smart speakers, wireless and Bluetooth speakers, smartwatches tend to be a big one, fitness trackers, headphones," Gordon said. "There are special offers there because people are looking for those standard 'gift for dad' items. The more stereotypical the item is, the more likely you're able to find a discount on it," she said. Watch as we tour a store offering great deals in June: What to buy in June, and some things to wait on Some things to wait onGordon advises waiting a few weeks for bigger purchases. "Amazon has already teased that they will be holding another Prime Day in July, and with that, a lot of other retailers have big sales as well," she said. In addition, laptops typically see big markdowns in July for back-to-school. RELATED STORY |Simple changes that can slash your summer electric billsAt Benchmark Outfitters, Artbauer emphasized that June offers the best selection of outdoor gear for the year, with shelves stocked and a wide range of sizes available for clothing, shoes, and boots. "There is no better time than this month, for sure," he said. That way you don't waste your money._______________________________ "Don't Waste Your Money" is a registered trademark of Scripps Media, Inc. ("Scripps"). Follow John: Facebook:John Matarese Money Instagram:@johnmataresemoney X/Twitter:@JohnMatarese For more consumer news and money saving advice, go towww.dontwasteyourmoney.com More Don't Waste Your Money news: What to buy in June... and some things to wait onDuke raising Ohio electric rates on June 1: How much more you'll have to payCincinnati seniors can save on water bills with this not-well-known program

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