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How would the new tariffs on Mexican imports affect the price of avocados?

With the new tariffs on Mexican imports, will I still be able to afford avocado toast?

Answer: It's going to get more expensive. To back up, President Trump announced 5% tariffs on goods imported from Mexico on June the 10th, to go up to 25% tariffs in October — beginning of October. While the President talks about these tariffs, it makes it sound like the Mexican government is going to cut a check to the US government. In fact, what happens is these costs are borne by companies as they import goods into the US, and therefore is borne by, and passed along to, the US consumer. So this can have the impact — and will have the impact — of dampening the economy, and by quite a bit. There's an economic consulting firm in Texas that says the tariff could cost the US more than 400,000 jobs and $40 billion of GDP. So it's going to hurt the cost of your avocado, as well as everything else that comes from Mexico, and will hurt the economy as well, which is why you're seeing some stock market volatility right now.

It's Pride Month! How can we use our dollars to celebrate?

Answer, of course, is by spending those dollars or investing those dollars with LGBTQIA-owned companies. As well as in the workplace, hiring, promoting, mentoring, giving references to LGBTQIA individuals, and really building an inclusive environment. Because the research tells us that when people feel like they belong at a company, they are three and a half times more likely to fully contribute.

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Not everyone celebrates the US holiday of Thanksgiving, but we've all got something to be grateful for in this awful year, right? So as Americans gather around the table — or the Zoom — to give thanks on Thursday, here's what a few world leaders are grateful for at the moment.

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Joe Biden has had one of the longest political careers in American history, but his most important act is yet to come. Can decades of experience in Washington prepare him to lead the most divided America since the end of the Civil War?

Watch the GZERO World episode: What you still may not know about Joe


With President Trump and most of the Republican Party still refusing to acknowledge that Joe Biden has won the election, it seems pretty likely that the partisan gridlock that has paralyzed Washington for at least the past four years is not going anywhere any time soon. How will President-elect Biden deal with Donald Trump once the latter is, eventually, out of the White House? And how will Biden deal with Mitch McConnell and a Republican party hellbent on opposing him? "If you get past the theater for a second," suggests Biden biographer and New Yorker staff writer Evan Osnos, "you see that there is something deeply different in the relationship that Biden has with McConnell that Obama never had with McConnell." Osnos' conversation with Ian Bremmer is featured on GZERO World.

Watch the GZERO World episode: What you still may not know about Joe

Hong Kong pro-democracy activists plead guilty: The name Joshua Wong has become synonymous with Hong Kong's once-dynamic pro-democracy movement. But the democrats' momentum has all but fizzled since Beijing imposed a draconian national security law back in May, outlawing secessionist activity and criminalizing foreign influence in Hong Kong. Now Wong, who was instrumental in the 2014 pro-democracy "Umbrella Movement," is pleading guilty in a Hong Kong court to organizing and taking part in pro-democracy protests that gripped the semi-autonomous city for much of 2019. He and his two co defendants — all of them in their 20's — have been remanded until sentencing, scheduled for December 2, and are likely to face prison terms of various lengths. Wong, for his part, said he decided to switch his plea to "guilty" after consulting with his lawyer. (Knowing that the trial would mostly be a sham, the trio decided to plead guilty in order to speed up the process, according to reports.) This internationally watched court case comes as Beijing has increasingly cracked down on Hong Kong's pro-democracy camp in recent months, prompting the US to impose sanctions on Hong Kong's leader Carrie Lam, and several Western governments to terminate special economic relationship with the city. To date, there have been more than 2,000 prosecutions linked to last year's protests.

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The 2020 US Election

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