How the US-China trade war hurts Americans

How much will the China trade war hurt American citizens?

It's already hurting them a lot, particularly farmers. It's going to hurt more now that China is retaliating again. And if we go to 25% tariffs on everything China exports to the United States, that's much higher consumer prices, bad for consumers, bad for markets, going to hurt.

Does all the impeachment talk help Donald Trump's re-election effort?

I don't think so at this point. I certainly don't think it drives swing voters to him. I think if it drags on forever and Democrats don't make a decision, then it could be beneficial to Trump, but right now I don't see it helping him motivate his hardcore base - but they're already motivated.

Is breaking up Facebook becoming a litmus test for Democrats?

I don't know about quite breaking it up, but certainly talking about the possibility and more broadly about the power of Facebook and other big tech giants is definitely important for all Democratic candidates.

Will Don Jr. testify before the Senate?

He certainly doesn't want to, his father doesn't want him to. Plenty of Republican senators say don't do it. I don't know how he ultimately avoids it but he's going to try to delay it. His lawyers will try to delay it so it could take some time.

The Business and Market Fair that recently took place in Sanzule, Ghana featured local crops, livestock and manufactured goods, thanks in part to the Livelihood Restoration Plan (LRP), one of Eni's initiatives to diversify the local economy. The LRP program provided training and support to start new businesses to approximately 1,400 people from 205 households, invigorating entrepreneurship in the community.

Learn more at Eniday: Energy Is A Good Story

Russia's Vladimir Putin and Ukraine's Volodymyr Zelensky sat down yesterday with Germany's Angela Merkel and France's Emmanuel Macron for a meeting in the Elysée Palace in Paris for peace talks. This was the first-ever meeting between Putin, Russia's dominant political force since 2000, and Zelensky, who was a TV comedian at this time last year.

Not much was agreed beyond a broader exchange of prisoners and a renewed commitment to a ceasefire that has never held. Fears that Putin would use Zelensky's inexperience to back him into a deal on Russian terms weren't realized, but the relationship between the two has only just begun.

More Show less

The UK currently benefits from EU trade pacts covering more than 70 countries. But if the UK leaves the EU without a trade deal in place, London could lose its preferential access to those markets. In preparation for such a scenario, the UK has signed 20 "continuity" agreements, allowing countries to keep trading with the UK under current rules even after Brexit. Here's a look at which countries and blocs have signed these deals with the UK, and the total value of each trade relationship.

Macron not backing down over pensions – Despite six days of mass unrest that has paralyzed Paris' public transport system and dented both tourism and Christmas retail, the government will stand firm on a proposal to reform and unify the country's 42 different pension plans. France's pension system, one of the most generous of any major industrialized country, has major budget shortfalls that contribute to the country's ballooning deficit. Last year, Macron abandoned a proposed fuel price hike that ignited the Yellow Vest movement. But overhauling France's "welfare state" was central to his 2017 election platform, and acquiescing to protesters this time around would be political suicide. France's prime minister – tapped to lead the pension reform project – is expected to announce the plan's final details tomorrow. We're watching to see how this might escalate things further.

More Show less