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The holiday season is rapidly approaching, and for many it will rapidly pass in a flurry of shopping, gift wrapping and, maybe, snow. But The Daily Progress is reminding the greater Charlottesville community that some things are here to stay. One of them is the Santa Fund for Schoolkids, the Christmastime charitable campaign that The Daily Progress has run since 1894 and is marking its 130th anniversary this year. The Santa Fund is one of the oldest newspaper-run charities in the entire U.S., if not the oldest. Established by founding publisher James H. Lindsay two years after the newspaper’s first edition, the Santa Fund collects donations every year to provide vouchers for local families to purchase the essentials their children need but too often go without. “Much has fortunately changed since the Lindsay family founded The Daily Progress in 1892 and established the Santa Fund two years later. But much unfortunately remains the same,” said editor of The Daily Progress Reynolds Hutchins. “Too many of our children see Christmas come and go without even the bare essentials: shoes, socks, glasses, coats, books and medicine.” Hutchins “Any child who goes wanting is one child too many, and in our corner of Virginia, 12.6% of the population lives below the poverty line,” he continued. Today, the Santa Fund is a joint collaboration between Charlottesville’s newspaper of record, radio station WINA and the United Way of Greater Charlottesville. The trio work together to serve children in need across Charlottesville and the surrounding counties of Albemarle, Buckingham, Fluvanna, Greene, Louisa, Madison, Nelson and Orange. They have raised roughly $4 million since that partnership was forged. Till “As we mark 130 years of the Santa Fund’s extraordinary legacy, we are reminded of the profound impact the campaign has had on the lives of schoolchildren in the Charlottesville area,” said Daily Progress publisher Kelly Till. “This is more than a campaign – it’s a commitment to our communities’ future.” Last year, the Santa Fund raised $199,135.05. While falling short of its $250,000 target — in a year marked by a precipitous drop in charitable giving nationwide — the fund still managed to assist more than 1,700 children. This year’s target is $225,000. It’s an ambitious goal, but one that Ravi Respeto, president of the local United Way chapter, believes is achievable. Respeto “It has been a program that has always raised money for itself, because it’s so popular and it’s been in our community for so long,” Respeto told The Daily Progress. “Families really look forward to contributing to this program. Also, people love to make a gift in memory or in honor of those people or pets that are really meaningful to them.” Financial contributions ranging from $50 to $75,000 will fund one-time vouchers distributed to the parents or caretakers of children in need, who are identified by teachers, guidance counselors and other school officials. Families can then use the vouchers to shop at one of several participating retailers, including Kid-to-Kid, Marshalls, Shoe Show and TJ Maxx. The store sends the receipt to the United Way for reimbursement, and all the while, the children are entirely unaware they are the beneficiary of any charity. “It’s a pretty seamless program; it doesn’t make a child feel like they have a special circumstance or they don’t even realize that their family, their parents, can’t afford those things,” said Respeto. “It kind of gives the family an easy way to address the needs of their children without it feeling like they’re being singled out.” While the charitable initiative is focused on meeting some of the basic needs for children in the area, the broader priority is on improving their early education experience. “A kid doesn’t just need a coat in December, he needs shoes in March,” Markiana Smith, the local United Way’s engagement and belonging manager, told The Daily Progress. “We understand that kids cannot learn if they don’t have the resources to learn, so I take this as a step in the right direction to early education.” Smith Smith is in charge of operating the Santa Fund, which provides assistance year round. But the holiday season is the busiest for Smith, whose responsibilities include opening, reading and transcribing the hundreds of heartwarming notes attached to every donation to the fund, often made in honor of family, friends, neighbors, pets and heroes. Last year, a $500 donation was made “in honor of the USPS letter carriers delivering for your in spite of trying conditions,” while another $52.50 gift was contributed “in memory of Tigger the tiger cat, every kid deserves a coat.” “These great little notes that are just out there for people in the community to realize that we’re only as strong as our community is strong,” said Respeto. “[The] fabric of community is built by people coming together and pulling the resources, and that’s what Santa Fund represents.” This “warm and fuzzy dynamic” that becomes palpable among the donors, organizers and recipients of the Santa Fund is part of what has allowed the charitable campaign to continue raising hundreds of thousands of dollars every year for well over a century, according to Respeto. Hutchins agreed. “That this charity has raised $4 million since The Daily Progress partnered with the United Way of Greater Charlottesville is admirable,” said Hutchins. “That this charity has not just survived but thrived for 130 years is remarkable. There is evidence this may be the oldest newspaper-run charity in the entire country. That is not only a testament to the good work of The Daily Progress and the United Way, but the good hearts in our community.” Those interested in donating can do so online at thesantafund.org or via the post by mailing a check to Santa Fund for Schoolkids, 200 Garrett St., Suite I, Charlottesville, VA 22902. This year, for the first time ever in honor of the fund’s 130th anniversary, the names of donors will be published in The Daily Progress and every one of its subsidiary newspapers in Central Virginia, including the Orange County Review, the Greene County Record, the Madison County Eagle and the Rural Virginian. “The days are shorter, colder and harder for all of us. I know how easy it is to see the numbers at the gas pump, to read the bank statement, to watch the stock ticker rise and fall, and then draw the purse strings tight,” said Hutchins. “But I beseech our readers, our neighbors, to remember that we only make a living by what we get, we make a life by what we give. “Let us honor Christmas in our hearts as its founder, himself a child, instructed us, ‘Give. ... For with the same measure that ye mete withal it shall be measured to you again.’” Emily Hemphill (540) 855-0362 ehemphill@dailyprogress.com @EmilyHemphill06 on X Subscribe to our Daily Headlines newsletter. Business and nonprofits reporter {{description}} Email notifications are only sent once a day, and only if there are new matching items.Defensive letdowns doom Celtics in frustrating loss to Pacersjili k.o 。

By JOSH BOAK WASHINGTON (AP) — Donald Trump loved to use tariffs on foreign goods during his first presidency. But their impact was barely noticeable in the overall economy, even if their aftershocks were clear in specific industries. The data show they never fully delivered on his promised factory jobs. Nor did they provoke the avalanche of inflation that critics feared. This time, though, his tariff threats might be different . The president-elect is talking about going much bigger — on a potential scale that creates more uncertainty about whether he’ll do what he says and what the consequences could be. “There’s going to be a lot more tariffs, I mean, he’s pretty clear,” said Michael Stumo, the CEO of Coalition for a Prosperous America, a group that has supported import taxes to help domestic manufacturing. The president-elect posted on social media Monday that on his first day in office he would impose 25% tariffs on all goods imported from Mexico and Canada until those countries satisfactorily stop illegal immigration and the flow of illegal drugs such as fentanyl into the United States. Those tariffs could essentially blow up the North American trade pact that Trump’s team negotiated during his initial term. Chinese imports would face additional tariffs of 10% until Beijing cracks down on the production of materials used in making fentanyl, Trump posted. Democrats and business groups warn of risks from Trump’s tariff threats Business groups were quick to warn about rapidly escalating inflation , while Mexican President Claudia Sheinbaum said she would counter the move with tariffs on U.S. products. House Democrats put together legislation to strip a president’s ability to unilaterally apply tariffs this drastic, warning that they would likely lead to higher prices for autos, shoes, housing and groceries. Sheinbaum said Wednesday that her administration is already working up a list of possible retaliatory tariffs “if the situation comes to that.” “The economy department is preparing it,” Sheinbaum said. “If there are tariffs, Mexico would increase tariffs, it is a technical task about what would also benefit Mexico,” she said, suggesting her country would impose targeted import duties on U.S. goods in sensitive areas. House Democrats on Tuesday introduced a bill that would require congressional approval for a president to impose tariffs due to claims of a national emergency, a largely symbolic action given Republicans’ coming control of both the House and Senate. “This legislation would enable Congress to limit this sweeping emergency authority and put in place the necessary Congressional oversight before any president – Democrat or Republican – could indiscriminately raise costs on the American people through tariffs,” said Rep. Suzan DelBene, D-Wash. But for Trump, tariffs are now a tested tool that seems less politically controversial even if the mandate he received in November’s election largely involved restraining inflation. The tariffs he imposed on China in his first term were continued by President Joe Biden, a Democrat who even expanded tariffs and restrictions on the world’s second largest economy. Biden administration officials looked at removing Trump’s tariffs in order to bring down inflationary pressures, only to find they were unlikely to help significantly. Tariffs were “so new and unique that it freaked everybody out in 2017,” said Stumo, but they were ultimately somewhat modest. Trump’s first term tariffs had a modest impact on economy Trump imposed tariffs on solar panels and washing machines at the start of 2018, moves that might have pushed up prices in those sectors even though they also overlapped with plans to open washing machine plants in Tennessee and South Carolina. His administration also levied tariffs on steel and aluminum, including against allies. He then increased tariffs on China, leading to a trade conflict and a limited 2020 agreement that failed to produce the promised Chinese purchases of U.S. goods. Still, the dispute changed relations with China as more U.S. companies looked for alternative suppliers in other countries. Economic research also found the United States may have sacrificed some of its “soft power” as the Chinese population began to watch fewer American movies. The Federal Reserve kept inflation roughly on target, but factory construction spending never jumped in a way that suggested a lasting gain in manufacturing jobs. Separate economic research found the tariff war with China did nothing economically for the communities hurt by offshoring, but it did help Trump and Republicans in those communities politically. When Trump first became president in 2017, the federal government collected $34.6 billion in customs, duties and fees. That sum more than doubled under Trump to $70.8 billion in 2019, according to Office of Management and Budget records. While that sum might seem meaningful, it was relatively small compared to the overall economy. America’s gross domestic product is now $29.3 trillion, according to the Bureau of Economic Analysis. The total tariffs collected in the United States would equal less than 0.3% of GDP. Trump wants much more far-reaching tariffs going forward The new tariffs being floated by Trump now are dramatically larger and there could be far more significant impacts. If Mexico, Canada, and China faced the additional tariffs proposed by Trump on all goods imported to the United States, that could be roughly equal to $266 billion in tax collections, a number that does not assume any disruptions in trade or retaliatory moves by other countries. The cost of those taxes would likely be borne by U.S. families, importers and domestic and foreign companies in the form of higher prices or lower profits. Former Biden administration officials said they worried that companies could piggyback on Trump’s tariffs — if they’re imposed — as a rationale to raise their prices, just as many companies after Russia’s invasion of Ukraine in 2022 boosted food and energy costs and gave several major companies the space to raise prices, according to their own earnings calls with investors. But what Trump didn’t really spell out is what might cause him to back down on tariffs and declare a victory. What he is creating instead with his tariff threats is a sense of uncertainty as companies and countries await the details to figure out what all of this could mean. “We know the key economic policy priorities of the incoming Trump administration, but we don’t know how or when they will be addressed,” said Greg Daco, chief U.S. economist at EY-Parthenon. AP writer Mark Stevenson contributed to this report from Mexico City.'Implementation of BRI in mutual agreement'

SUNRISE, Fla. (AP) — Spencer Knight made 20 saves, Mackie Samoskevich scored with less than a second left in the second period, and the Florida Panthers got four goals in the third to beat the Carolina Hurricanes 6-0 on Saturday and complete a two-day sweep. Aleksander Barkov, Sam Bennett, Aaron Ekblad, Evan Rodrigues and Adam Boqvist also scored for Florida, which won 6-3 at Carolina on Friday. The Panthers have won three straight — that streak following a stretch of six losses in seven games for the Stanley Cup champions. It was Knight's fourth career shutout, his first since Nov. 9, 2022 — also at home against Carolina. Spencer Martin made 23 saves on 28 shots for the Hurricanes, who have dropped four of their last six games (2-3-1). It was Martin's fourth consecutive start for Carolina. Takeaways Hurricanes: This was the first time all season that the Hurricanes failed to get a point in the game immediately following a loss. Carolina was 4-0-1 after a defeat entering Saturday. Panthers: A big day for Samoskevich — his alma mater Michigan beat Ohio State in football on Saturday, that game ending just before the Florida-Carolina game started. The Panthers are 5-0-0 when he scores this season. Sam Reinhart had each of the four most recent Florida goals at 19:59, before Samoskevich got his Saturday. Key moment The Panthers scored two goals 11 seconds apart in the third to make it 5-0, and Yaniv Perets replaced Martin in the Hurricanes' net with 8:12 remaining. It was the second NHL appearance for Perets, who came on once in relief for Carolina last season. Key stat Ekblad's goal was his first in a span of 1,045 regular-season shifts since Feb. 20. Up next Carolina starts a two-game homestand Tuesday against Seattle. Florida goes to Pittsburgh to start a two-game trip on Tuesday. ___ AP NHL: https://www.apnews.com/hub/NHL Tim Reynolds, The Associated Press

Eagles-Ravens Week 13 injury report, with analysis

LIZ Kendall today tells Brits “if you can work - you must” as she prepares to take benefits away from young adults who refuse jobs and training. Britain spends an eye-popping £150 billion a year on benefits for people of working age, according to official numbers. And the bill is set to balloon as record numbers are signed off sick. Work and Pensions Secretary Ms Kendall vowed to crack the whip to get people off benefits, telling The Sun on Sunday: “I’ve always believed, if you can work, you must. “For young people, this is not only about the opportunity to work, it’s also about skills and training, because today’s world is brutal if you don’t have skills.” Shocking stats show nearly 1 million under-25s are not in education, employment or training - dubbed NEETs. “That is terrible for them, it’s terrible for businesses, many of whom are desperate to recruit, and it’s terrible for taxpayers seeing an ever higher benefits bill”, Ms Kendall said . She will this week announce plans for a radical shake up of the welfare system aimed at driving people back to work. She will offer every Brit aged 21 and under, work or training. Those who refuse will be stripped of their handouts. Most read in Politics Ms Kendall said: "My commitment to young people is this - I value you. I believe in you. I will offer you the chances and choices you deserve. “But in return for that, you have a responsibility to take them up.” This ‘youth guarantee’ is part of a new carrot and stick approach to welfare. These are tougher sanctions than those faced by other adults, who just have their benefits reduced if they refuse to look for work. Ministers are braced for a possible backlash from faint-hearted Labour MPs. But Ms Kendall said it would be a betrayal to leave youngsters on the jobs scrapheap. The welfare white paper - out on Tuesday - will also confirm that £3bn a year will be cut from welfare by reassessing people in disability and sickness benefits for work. This is known as the work capability assessment. Although precise details of how this will be done will come out next year. READ MORE SUN STORIES Job centres will also get more cash to turn them into better careers advice services - open to those who want to change jobs not just benefit claimants.

On Sunday, the Los Angeles Lakers finalized a deal that sent guard D’Angelo Russell to the Brooklyn Nets. Together with Russell, the Lakers sent Maxwell Lewis and three second-round picks to the Nets for Dorian Finney-Smith and Shake Milton, according to ESPN’s Shams Charania. The 2024-25 NBA season has not been kind to Russell . He started the campaign as the Lakers’ starting point guard for the first eight games. However, first-year head coach JJ Redick adjusted the lineup and put the 6-foot-4 guard as the lead guard for the second unit. The move benefitted the team as they went on to win six straight games. However, it affected Russell’s performance and his numbers started to decline. With his diminishing role, a change was needed. This led the Lakers’ front office to send him back to the Nets, the same team the organization sent Russell in 2017. Ahead of his second chance to play in Brooklyn, NBA Insider Dan Woike reported that the guard is “excited” to return to the Nets. “He’s excited for a new opportunity, obviously saw his role diminishing with Lakers,” Woike posted on Bluesky. Report: D’Angelo Russell saw his role diminishing with Lakers, is ‘excited’ for new opportunity with Nets https://t.co/BFxdBwGzIP — Legion Hoops (@LegionHoops) December 29, 2024 Russell played 29 games for the Lakers this season, averaging 12.4 points, 2.8 rebounds and 4.7 assists. The 2015-16 All-Rookie’s average of 26 minutes this season is the lowest since the Lakers signed him in the 2022–2023 campaign. How good was D’Angelo Russell during his first stint with the Nets? D’Angelo Russell spent two seasons with the Nets during his third and fourth seasons in the league. While the team didn’t have much success, it helped Russell’s career as he turned into an All-Star guard. In his first season in Brooklyn, the point guard took some time to adjust to the system as he averaged 15.5 points, 3.9 rebounds and 5.2 assists. His second year in Brooklyn was better as he averaged 20 points for the first time. Russell averaged 21.1 points, 3.9 rebounds and 7.0 assists while shooting 36.9% from downtown. The point guard was the only player who had at least 20 points. During his time with the Nets, Russell was surrounded by borderline All-Stars in Spencer Dinwiddie, Joe Harris and Caris LeVert. The team made it to the postseason but only lasted in the first round as they couldn’t beat the Philadelphia 76ers. This time around, Russell will be welcomed to the Nets in the same situation where there isn’t a clear-cut All-Star on the roster. However, he’ll play with some of the top young stars Cam Thomas and Cam Johnson. That is if they don’t get traded this season. This article first appeared on Hardwood Heroics and was syndicated with permission.Ikea has posted its slowest sales expansion since it opened its first India store six years ago with a 5% increase to ₹1,852 crore in FY24 while its net loss widened amid large-scale investments to solidify its footprint in the country. The world's largest furniture retailer saw its India business slowing as consumers tightened their wallets on discretionary spends across lifestyle categories. ET Year-end Special Reads What kept India's stock market investors on toes in 2024? India's car race: How far EVs went in 2024 Investing in 2025: Six wealth management trends to watch out for Its net loss widened 15% to ₹1,303 crore in FY24. So far, the retailer known for its ready-to-assemble products has incurred a cumulative loss of ₹5,550 crore in India as it spent to buy and build distribution centres, a city outlet and three big box stores-each large enough to fit about four football fields. "Ikea in India maintained a solid sales growth despite no price increase and lowering the prices on certain products in FY24," a company spokesperson said. "Our losses largely reflect the investment we are making towards our omni-channel growth. We remain committed to our plan of opening more stores and serving 200 million people by 2025 through our high quality, affordable range." Last fiscal, Ikea cut costs after raw material prices softened, helping the company lower prices of several products by about 20% both in India as well as globally. Earlier this year, the flat-pack furniture giant said it is still trying to get a foothold in the Indian market and that it will take at least 8-10 stores to benefit from economies of scale. 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View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Data Science SQL Server Bootcamp 2024: Transform from Beginner to Pro By - Metla Sudha Sekhar, IT Specialist and Developer View Program "The sooner we can get to that, the better," Jesper Brodin, global chief executive officer of Ingka Group that owns Ikea, told ET in February this year. "Chapter one was the sourcing and foundation and then getting the first door up and running. And then the intention is to get the company in top big cities. We are measuring out and laying out plans to see how we can do it for 1.4 billion people. And if I am certain about anything, it is that the economic outlook for India is looking good," he said. Ikea started sourcing from India in the 1980s and has more than five dozen suppliers in the country, most of them in textiles. Over a decade ago, the erstwhile Foreign Investment Promotion Board (FIPB) had approved Ikea's ₹10,500-crore investment proposal to open 25 stores in the country by 2025. It has since opened three large-format stores in Hyderabad, Mumbai and Bengaluru and one smaller city store in Mumbai. It aims to open bigger stores in Gurugrma and Noida in the National Capital Region soon. The Swedish retailer, which opened its first India store in 2018 in Hyderabad, has been a runaway success in the country, outpacing local rivals Urban Ladder and Pepperfry in its first year of operations with that single outlet. During the year, Ikea's paid-up share capital was increased by ₹600 crore to ₹4.615 crore. "When we think about India, we think about size," Brodin told ET in February. "In terms of investment priorities, India ranks one, two and three. We have consciously decided we cannot financially afford to be in the startup phase in too many places. But India is the top priority for us now." Nominations for ET MSME Awards are now open. The last day to apply is December 31, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award. (You can now subscribe to our Economic Times WhatsApp channel )Pep Guardiola denies rumours of a rift with Kevin De Bruyne

NEW YORK (AP) — Shohei Ohtani won his third Most Valuable Player Award and first in the National League, and Aaron Judge earned his second American League honor on Thursday. Ohtani was a unanimous MVP for the third time, receiving all 30 first-place votes and 420 points in voting by the Baseball Writers’ Association of America. New York Mets shortstop Francisco Lindor was second with 263 points and Arizona second baseman Ketel Marte third with 229. Judge was a unanimous pick for the first time. Kansas City shortstop Bobby Witt Jr. got all 30 second-place votes for 270 points, and Yankees outfielder Juan Soto was third with 21 third-place votes and 229 points. Judge had discussed the MVP award with Philadelphia’s Bryce Harper, the NL winner in 2015 and ’21. “I was telling him, `Man, I’m going to try to catch up to you with these MVPs here, man,’” Judge recalled. “He’d say, hopefully, he could stay a couple ahead of me, which I think he’ll do.” Ohtani was unanimously voted the AL MVP in 2021 and 2023 as a two-way star for the Los Angeles Angels and finished second to Judge in 2022 voting . He didn’t pitch in 2024 following elbow surgery and signed a record $700 million, 10-year contract with the Los Angeles Dodgers last December. He was the first player to twice become an unanimous MVP. He combined with Atlanta outfielder Ronald Acuña Jr. in 2023 for the first year both MVPs were unanimous. Ohtani hit .310, stole 59 bases and led the NL with 54 homers and 130 RBIs exclusively as a designated hitter, becoming the first player with 50 or more homers and 50 or more stolen bases in a season. He helped the Dodgers to the World Series title , playing the final three games with a torn labrum in his left shoulder . Ohtani became the first primary DH to win an MVP. He joined Frank Robinson for Cincinnati in 1961 and Baltimore in 1966 as the only players to win the MVP award in both leagues. Ohtani is the 12th player with three or more MVPs, joining Barry Bonds (seven) and Jimmie Foxx, Joe DiMaggio, Stan Musial, Roy Campanella, Yogi Berra, Mickey Mantle, Mike Schmidt, Alex Rodriguez, Albert Pujols and Mike Trout (three each). Balloting was conducted before the postseason. Judge led the major leagues with 58 homers, 144 RBIs and 133 walks while hitting .322. Witt topped the big leagues with a .332 average, hitting 32 homers with 31 stolen bases and 109 RBIs. Soto batted .288 with 41 homers and 109 RBIs. When Judge won his first MVP award in 2022, he received 28 first-place votes while Ohtani got the other two. When Judge won his first MVP award in 2022, he received 28 first-place votes while Ohtani got the other two. He is the Yankees' 22nd MVP winner, four more than any other team. Judge was hitting .207 with six homers and 18 RBIs through April, then batted .352 with 52 homers and 126 RBIs in 127 games. “March and April were not my friend this year.” Judge said. “Just keep putting in the work and things are going to change. You can’t mope. You can’t feel sorry for yourself. Especially in New York, nobody’s going to feel sorry for you. So you just got to go out there and put up the numbers?” Balloting was conducted before the postseason. ___ AP MLB: https://apnews.com/MLB Ronald Blum, The Associated Press

NJ Police Say These Items on Your Car Could Put You at RiskBy JOSH BOAK WASHINGTON (AP) — Donald Trump loved to use tariffs on foreign goods during his first presidency. But their impact was barely noticeable in the overall economy, even if their aftershocks were clear in specific industries. The data show they never fully delivered on his promised factory jobs. Nor did they provoke the avalanche of inflation that critics feared. This time, though, his tariff threats might be different . The president-elect is talking about going much bigger — on a potential scale that creates more uncertainty about whether he’ll do what he says and what the consequences could be. “There’s going to be a lot more tariffs, I mean, he’s pretty clear,” said Michael Stumo, the CEO of Coalition for a Prosperous America, a group that has supported import taxes to help domestic manufacturing. The president-elect posted on social media Monday that on his first day in office he would impose 25% tariffs on all goods imported from Mexico and Canada until those countries satisfactorily stop illegal immigration and the flow of illegal drugs such as fentanyl into the United States. Those tariffs could essentially blow up the North American trade pact that Trump’s team negotiated during his initial term. Chinese imports would face additional tariffs of 10% until Beijing cracks down on the production of materials used in making fentanyl, Trump posted. Business groups were quick to warn about rapidly escalating inflation , while Mexican President Claudia Sheinbaum said she would counter the move with tariffs on U.S. products. House Democrats put together legislation to strip a president’s ability to unilaterally apply tariffs this drastic, warning that they would likely lead to higher prices for autos, shoes, housing and groceries. Sheinbaum said Wednesday that her administration is already working up a list of possible retaliatory tariffs “if the situation comes to that.” “The economy department is preparing it,” Sheinbaum said. “If there are tariffs, Mexico would increase tariffs, it is a technical task about what would also benefit Mexico,” she said, suggesting her country would impose targeted import duties on U.S. goods in sensitive areas. House Democrats on Tuesday introduced a bill that would require congressional approval for a president to impose tariffs due to claims of a national emergency, a largely symbolic action given Republicans’ coming control of both the House and Senate. “This legislation would enable Congress to limit this sweeping emergency authority and put in place the necessary Congressional oversight before any president – Democrat or Republican – could indiscriminately raise costs on the American people through tariffs,” said Rep. Suzan DelBene, D-Wash. But for Trump, tariffs are now a tested tool that seems less politically controversial even if the mandate he received in November’s election largely involved restraining inflation. The tariffs he imposed on China in his first term were continued by President Joe Biden, a Democrat who even expanded tariffs and restrictions on the world’s second largest economy. Biden administration officials looked at removing Trump’s tariffs in order to bring down inflationary pressures, only to find they were unlikely to help significantly. Tariffs were “so new and unique that it freaked everybody out in 2017,” said Stumo, but they were ultimately somewhat modest. Trump imposed tariffs on solar panels and washing machines at the start of 2018, moves that might have pushed up prices in those sectors even though they also overlapped with plans to open washing machine plants in Tennessee and South Carolina. His administration also levied tariffs on steel and aluminum, including against allies. He then increased tariffs on China, leading to a trade conflict and a limited 2020 agreement that failed to produce the promised Chinese purchases of U.S. goods. Still, the dispute changed relations with China as more U.S. companies looked for alternative suppliers in other countries. Economic research also found the United States may have sacrificed some of its “soft power” as the Chinese population began to watch fewer American movies. The Federal Reserve kept inflation roughly on target, but factory construction spending never jumped in a way that suggested a lasting gain in manufacturing jobs. Separate economic research found the tariff war with China did nothing economically for the communities hurt by offshoring, but it did help Trump and Republicans in those communities politically. When Trump first became president in 2017, the federal government collected $34.6 billion in customs, duties and fees. That sum more than doubled under Trump to $70.8 billion in 2019, according to Office of Management and Budget records. While that sum might seem meaningful, it was relatively small compared to the overall economy. America’s gross domestic product is now $29.3 trillion, according to the Bureau of Economic Analysis. The total tariffs collected in the United States would equal less than 0.3% of GDP. The new tariffs being floated by Trump now are dramatically larger and there could be far more significant impacts. If Mexico, Canada, and China faced the additional tariffs proposed by Trump on all goods imported to the United States, that could be roughly equal to $266 billion in tax collections, a number that does not assume any disruptions in trade or retaliatory moves by other countries. The cost of those taxes would likely be borne by U.S. families, importers and domestic and foreign companies in the form of higher prices or lower profits. Former Biden administration officials said they worried that companies could piggyback on Trump’s tariffs — if they’re imposed — as a rationale to raise their prices, just as many companies after Russia’s invasion of Ukraine in 2022 boosted food and energy costs and gave several major companies the space to raise prices, according to their own earnings calls with investors. But what Trump didn’t really spell out is what might cause him to back down on tariffs and declare a victory. What he is creating instead with his tariff threats is a sense of uncertainty as companies and countries await the details to figure out what all of this could mean. “We know the key economic policy priorities of the incoming Trump administration, but we don’t know how or when they will be addressed,” said Greg Daco, chief U.S. economist at EY-Parthenon. AP writer Mark Stevenson contributed to this report from Mexico City.USC Aiken men suffer home loss to Claflin

WASHINGTON (AP) — Donald Trump loved to use tariffs on foreign goods during his first presidency. But their impact was barely noticeable in the overall economy, even if their aftershocks were clear in specific industries. The data show they never fully delivered on his promised factory jobs. Nor did they provoke the avalanche of inflation that critics feared. This time, though, his . The president-elect is talking about going much bigger — on a potential scale that creates more uncertainty about whether he’ll do what he says and what the consequences could be. “There’s going to be a lot more tariffs, I mean, he’s pretty clear,” said Michael Stumo, the CEO of Coalition for a Prosperous America, a group that has supported import taxes to help domestic manufacturing. The president-elect posted on social media Monday that on his first day in office he would impose 25% tariffs on all goods imported from Mexico and Canada until those countries satisfactorily stop illegal immigration and the flow of illegal drugs such as fentanyl into the United States. Those tariffs could essentially blow up the North American trade pact that Trump’s team negotiated during his initial term. Chinese imports would face additional tariffs of 10% until Beijing cracks down on the production of materials used in making fentanyl, Trump posted. Business groups were quick to warn about , while said she would counter the move with tariffs on U.S. products. House Democrats put together legislation to strip a president’s ability to unilaterally apply tariffs this drastic, warning that they would likely lead to higher prices for autos, shoes, housing and groceries. Sheinbaum said Wednesday that her administration is already working up a list of possible retaliatory tariffs “if the situation comes to that.” “The economy department is preparing it,” Sheinbaum said. “If there are tariffs, Mexico would increase tariffs, it is a technical task about what would also benefit Mexico,” she said, suggesting her country would impose targeted import duties on U.S. goods in sensitive areas. Related Articles House Democrats on Tuesday introduced a bill that would require congressional approval for a president to impose tariffs due to claims of a national emergency, a largely symbolic action given Republicans’ coming control of both the House and Senate. “This legislation would enable Congress to limit this sweeping emergency authority and put in place the necessary Congressional oversight before any president – Democrat or Republican – could indiscriminately raise costs on the American people through tariffs,” said Rep. Suzan DelBene, D-Wash. But for Trump, tariffs are now a tested tool that seems less politically controversial even if the mandate he received in November’s election largely involved restraining inflation. The tariffs he imposed on China in his first term were continued by President Joe Biden, a Democrat who even expanded tariffs and restrictions on the world’s second largest economy. Biden administration officials looked at removing Trump’s tariffs in order to bring down inflationary pressures, only to find they were unlikely to help significantly. Tariffs were “so new and unique that it freaked everybody out in 2017,” said Stumo, but they were ultimately somewhat modest. Trump imposed tariffs on at the start of 2018, moves that might have pushed up prices in those sectors even though they also overlapped with plans to open washing machine plants in Tennessee and South Carolina. His administration also levied tariffs on steel and aluminum, including against allies. He then increased tariffs on China, leading to a trade conflict and a limited 2020 agreement that failed to Still, the dispute changed relations with China as more U.S. companies looked for alternative suppliers in other countries. also found the United States may have sacrificed some of its “soft power” as the Chinese population began to watch fewer American movies. The Federal Reserve kept inflation roughly on target, but factory construction spending never jumped in a way that suggested a lasting gain in manufacturing jobs. found the tariff war with China did nothing economically for the communities hurt by offshoring, but it did help Trump and Republicans in those communities politically. When Trump first became president in 2017, the federal government collected $34.6 billion in customs, duties and fees. That sum more than doubled under Trump to $70.8 billion in 2019, according to Office of Management and Budget records. While that sum might seem meaningful, it was relatively small compared to the overall economy. America’s gross domestic product is now $29.3 trillion, according to the Bureau of Economic Analysis. The total tariffs collected in the United States would equal less than 0.3% of GDP. The new tariffs being floated by Trump now are dramatically larger and there could be far more significant impacts. If Mexico, Canada, and China faced the additional tariffs proposed by Trump on all goods imported to the United States, that could be roughly equal to $266 billion in tax collections, a number that does not assume any disruptions in trade or retaliatory moves by other countries. The cost of those taxes would likely be borne by U.S. families, importers and domestic and foreign companies in the form of higher prices or lower profits. Former Biden administration officials said they worried that companies could piggyback on Trump’s tariffs — if they’re imposed — as a rationale to raise their prices, just as many companies after Russia’s invasion of Ukraine in 2022 boosted food and energy costs and gave several major companies the space to raise prices, according to their own earnings calls with investors. But what Trump didn’t really spell out is what might cause him to back down on tariffs and declare a victory. What he is creating instead with his tariff threats is a sense of uncertainty as companies and countries await the details to figure out what all of this could mean. “We know the key economic policy priorities of the incoming Trump administration, but we don’t know how or when they will be addressed,” said Greg Daco, chief U.S. economist at EY-Parthenon.Iceland votes for new a parliament after coalition dissolved

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From toxicity in mushrooms to using artificial intelligence (AI) for early detection of blindness caused by diabetes, the Kozhikode edition of the Kerala Science Slam 2024 held on Saturday (November 23) showcased researchers explaining scientific facts to the people in a simple language. The event was organised by Luca, a science portal run by the Kerala Sasthra Sahithya Parishad, and the M.S. Swaminathan Chair of the University of Calicut, on the university campus. At the event, C. Bijeesh from Jawaharlal Nehru Tropical Botanical Garden and Research Institute, Palode, Thiruvananthapuram, spoke about the toxic varieties of mushrooms found in Kerala. He said that of them, 10 were highly poisonous. Mr. Bijeesh sought to allay the misconception that all mushrooms found in dark colours were poisonous. He said that most of the poisonous mushroom varieties were either white or seen in light shades. The perception that toxic mushrooms would become blue when they were cooked was also wrong, Mr. Bijeesh said. Sneha Das of the Amala Cancer Research Centre, Thrissur, spoke about a variety of mushrooms that can alleviate the side effects of chemotherapy performed on cancer patients. Morchella esculenta, also known as Guchi mushroom, has anti-oxidant properties, which would help resist cardiac contraction. C. Anjali, researcher, Department of Chemistry, University of Calicut, explained the possibilities of using graphene for collecting atmospheric water. V. Deepa, School of Artificial Intelligence, Mahatma Gandhi University, Kottayam, spoke about AI’s capabilities in detecting blindness in diabetes patients. Celine Ruth spoke about the world of gel, a semi-solid state, which is a mixture of both solid and liquid. These five researchers were selected for the final of the Kerala Science Slam to be held at the Indian Institute of Technology, Palakkad, on December 14. Twenty-four researchers participated in the Kozhikode edition of the event. Around 400 people were in the audience. C.C. Harilal, Dean, Faculty of Science, University of Calicut, opened it. Similar events were earlier held in Kochi and Thiruvananthapuram. The Kannur leg is scheduled for November 30. Published - November 23, 2024 08:08 pm IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit