Trump poised to tax $200B in Chinese imports
The Trump administration may be about to slap tariffs of up to 25 percent on an additional $200 billion in Chinese goods, escalating a confrontation between the world’s two biggest economies and likely squeezing U.S. companies that import everything from handbags to bicycle tires.
The administration could decide to begin taxing the imports — equal to nearly 40 percent of all the goods China sold the United States last year — after a public comment period ends Thursday. China said it is ready to impose retaliatory tariffs on $60 billion worth of U.S. goods if that happens.
Twitter bans Alex Jones, Infowars citing abuse
Twitter is permanently banning right-wing conspiracy theorist Alex Jones and his “Infowars” show for abusive behavior.
Twitter said Jones won’t be able to create new accounts on Twitter or take over any existing ones. Twitter said Jones posted a video Wednesday that is in violation of the company’s policy against “abusive behavior.” The video in question shows Jones shouting at and berating CNN journalist Oliver Darcy for some 10 minutes during congressional hearings about social media.
US: North Korean charged in Sony, WannaCry hacks
A computer programmer accused of working at the behest of the North Korean government has been charged in connection with several high-profile cyberattacks.
They include the Sony Pictures Entertainment hack and the WannaCry ransomware virus that affected hundreds of thousands of computers worldwide. A criminal complaint said Park Jin Hyok, who’s believed to be in North Korea, conspired with others to conduct a series of attacks that also stole $81 million from a bank in Bangladesh.
US companies added 163,000 jobs in August
U.S. businesses added 163,000 jobs in August, a private survey found, a decent gain that suggests that employers are confident enough about future growth to hire more workers.
Payroll processor ADP said the job gains were the fewest since last October.