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Friday Morning Briefing: Trump slaps new tariffs on Chinese technology

Highlights

Trump announced that the United States will implement a 25 percent tariff on $50 billion of goods from China related to intellectual property and technology, and pledged to impose further levies if the Asian nation takes retaliatory measures.

Trump’s former campaign chairman Paul Manafort is set to ask a federal judge not to revoke his bail and send him to jail pending trial after Special Counsel Robert Mueller filed new charges of witness tampering last week.

Trump approved federal emergency housing aid and other relief for victims of the six-week-old Kilauea Volcano eruption on Hawaii’s Big Island, where hundreds of homes have been destroyed, state officials said.

Back when the first World Cup was held in Uruguay in 1930, 13 teams took part. How many will be there for Russia 2018? See how you fare in the Reuters Graphics World Cup quiz. For more coverage of FIFA World Cup 2018

World

Once the biggest foreign money manager in Russia, Bill Browder has some advice for the West: If you want to counter Kremlin chief Vladimir Putin, then go after Russian money and Russian oligarchs.

Pakistani Taliban leader Mullah Fazlullah has been killed in a U.S.-Afghan air strike in Afghanistan, a senior Afghan Defence Ministry official said, a killing likely to ease tension between the United States and Pakistan.

Cracks are appearing in the economy of the northern Chinese port city of Tianjin as the local government struggles with a crackdown on the credit-fueled investment that has transformed its skyline in recent years.

Commentary: John Mecklin, editor of the “Bulletin of the Atomic Scientists,” spoke with Reuters’ Arlene Getz about the science of the process and other implications of the recent agreement between Trump and Kim Jong Un.

Sponsored by Barclays: Automation’s delayed economic impact Workplace automation is increasing, yet key economic indicators seem unaffected. Why aren’t unemployment, wages and productivity responding? Find out.

 

As Peru gears up to play its first #WorldCup since 1982, another underdog team steps up to the pitch https://reut.rs/2sXfWZ2

10:16 PM - JUN 14, 2018

Business

The interplay between news alerts and trading is one that hinges on mere seconds

Whilst the AT&T-Time Warner announcement was monumental, reporting on it was a drama in itself. Former high school hurdler-turned Reuters correspondent David Shepardson vaulting briefcases was just one highlight of a meticulous operation at Reuters. Read the Backstory on how we managed to navigate courtroom restrictions to get the first alerts out.

6 min read

Keeping up with the e-tailers

Zara - the pioneer of fast fashion - isn’t looking so fast anymore. With the rise of younger, online-only players like Missguided, Zara-owner Inditex is embracing technology such as ultrasound and robotics to edge-up an asset e-tailers don’t have: brick-and-mortar stores.

6 Min Read

Despite efforts to bring women to the trading floor

Wall Street is still dogged by its reputation as an 'alpha-male territory'. Banks are trying to improve gender ratios in the wake of #MeToo, but the latest story in our World at Work series asks: is it enough to crack the glass ceiling?

7 min read

Top Stories on Reuters TV

Borrowers take a hit as Fed rate hikes kick in

Former Malaysian PM may face corruption charges