50: Mexico’s President Claudia Sheinbaum is taking a page out of US President Donald Trump’s book, implementing up to a 50% tariff on more than 1,400 products in a bid to boost domestic production. The tariffs are expected to heavily affect China, which has increased its shipping to Mexico as a way to bypass US tariffs, and come as the US has been pressuring it trade partners to distance themselves from China.
34: Myanmar’s military struck a hospital in the western part of the country on Wednesday night, killing at least 34 people, as the civil war approaches the five-year mark. The government is attempting to remove the Arakan Army, an ethnic army that controls parts of the region and opposes the country’s military regime.
$12 billion: US President Donald Trump announced $12 billion in aid to farmers hit hard by the trade war with China. But some farmers say it isn’t enough to cover the losses.
3: The US Federal Reserve cut rates for the third time this year, with the range now set between 3.5% and 3.75%. The vote was surprisingly divided, with three of the 12-member Federal Open Market Committee opting against a cut.
