- 1. Trump's top economic adviser admits U.S. consumers pay tariffs
- 2. Avengers: Endgame tops box office for 3rd straight weekend
- 3. Markets struggle following end of latest U.S.-China trade talks
- 4. Uber shares head into 2nd trading day 7.6 percent below IPO price
- 5. Amazon offers employees help starting delivery businesses
1. Trump's top economic adviser admits U.S. consumers pay tariffs
President Trump's top economic adviser, Larry Kudlow, conceded Sunday that China doesn't directly pay tariffs on Chinese goods imported to the U.S., American importers and consumers do. His statement on Fox News Sunday came after Trump insisted that China would pay the higher tariffs he imposed Friday on $200 billion worth of Chinese goods. "Both sides will pay," said Kudlow, director of the National Economic Council. He said China would pay through lost exports. He backed up Trump's view that a trade war will benefit the U.S. in the long run, if it forces China to treat U.S. companies better. "You've got to do what you got to do," Kudlow said. "This is a risk we should and can take without damaging our economy in any appreciable way."
2. Avengers: Endgame tops box office for 3rd straight weekend
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
3. Markets struggle following end of latest U.S.-China trade talks
4. Uber shares head into 2nd trading day 7.6 percent below IPO price
5. Amazon offers employees help starting delivery businesses
-
Will Starmer's Brexit reset work?Today's Big Question PM will have to tread a fine line to keep Leavers on side as leaks suggest EU's 'tough red lines' in trade talks next year
-
How domestic abusers are exploiting technologyThe Explainer Apps intended for child safety are being used to secretly spy on partners
-
Scientists finally know when humans and Neanderthals mixed DNAUnder the radar The two began interbreeding about 47,000 years ago, according to researchers
-
Why Assad fell so fastThe Explainer The newly liberated Syria is in an incredibly precarious position, but it's too soon to succumb to defeatist gloom
-
Romania's election rerunThe Explainer Shock result of presidential election has been annulled following allegations of Russian interference
-
Russia's shadow war in EuropeTalking Point Steering clear of open conflict, Moscow is slowly ratcheting up the pressure on Nato rivals to see what it can get away with.
-
Cutting cables: the war being waged under the seaIn the Spotlight Two undersea cables were cut in the Baltic sea, sparking concern for the global network
-
The nuclear threat: is Vladimir Putin bluffing?Talking Point Kremlin's newest ballistic missile has some worried for Nato nations
-
Russia vows retaliation for Ukrainian missile strikesSpeed Read Ukraine's forces have been using U.S.-supplied, long-range ATCMS missiles to hit Russia
-
Has the Taliban banned women from speaking?Today's Big Question 'Rambling' message about 'bizarre' restriction joins series of recent decrees that amount to silencing of Afghanistan's women
-
Cuba's energy crisisThe Explainer Already beset by a host of issues, the island nation is struggling with nationwide blackouts
