Trump pauses tariffs amid global market pressure
President Donald Trump abruptly paused most tariffs for 90 days while raising the rate on Chinese imports to 125 percent. The move appeared aimed at narrowing a broad trade war to a direct confrontation with China, amid a worldwide market downturn.
MENTIONED IN THIS ARTICLE
Washington
Donald Trump
U.S
Trump Tariff Pause Riles Senate as Markets Rally
Senate Republicans applaud President Trump’s tariff pause while markets react with a 9.5 percent jump in the S&P 500. Negotiations will move to country-by-country talks, and a 10 percent tariff is set for countries under the pause.Officials cite pressure from volatile markets and prior planning, with voters watching retirement savings shrink amid warnings of broader economic risk.
MENTIONED IN THIS ARTICLE
China
Trump
Iowa City schools to fund Dream Accelerator with JA partnership
Iowa City School District votes 5-2 to pursue a $2.1 million, two-year Dream Accelerator program with Junior Achievement aimed at career exploration for high school students. Phase one funds construction in the Center for Innovation at 301 ACT Dr. in Iowa City. The 3,500-square-foot facility sits in the Tyler Building, bought in 2022 for $8.7 million. Funding comes from the Secure an Advanced Vision for Education capital fund.
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Owa City
Iowa City
Dream
Center For Innovation
Act Dr
Tyler
Iowa City District
ACT
Iowa House GDP looks to lower costs for households
Iowa House lawmakers proposed bills to cut daily living costs for Iowans amid rising inflation and tariff uncertainty. Speaker Pat Grassley said reducing cost-of-living burdens is a key goal this session as bills including exemptions for toilet paper and laundry detergent are rolled out.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Pat Grassley
Cancer coverage widens for Iowa firefighters
Kelli Stoaks stood in the Capitol with dozens of Iowa firefighters as legislation cleared the Senate to expand disability coverage for firefighters to include all cancers. She spoke about her late husband Brian, a 27 year veteran who died in 2023 from pancreatic cancer, urging passage for others.
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Des Moines
Kelli Stoaks
Brian
Iowa
State Capitol
Stoaks
Iowa Senate
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