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Get a jump on the days news with Christine Romans and Dave Briggs. Chinese goods could be raised from 10 to 25 . They would cover things like fruits and vegetables, handbags, refrigerators, rain jackets, even baseball gloves. Chinas Foreign Ministry moments ago saying blackmailing and pressure by the u. S. Will never work and promising to take countermeasures, if needed. The u. S. Has already imposed 25 tariffs on chinese goods worth 34 billion. China quickly retaliated with tariffs on 34 billion in american goods. The president addressed the trade war at a rally in tampa last night. China and others, remember this, have targeted our farmers. Not good. Not nice. And you know what our farmers are saying . Its okay. We can take it. These are incredible people. We can take it. Now were going to open up markets. Were going to do it the way it should be. And all of this stuff, youre going to make it back and its going to be made back ....
Now word overnight the next round of tariffs could escalate dramatically. Shifting blame. Heated statements and a 15,000 coat. A fast start to Paul Manaforts trial on financial crimes. Good morning, and welcome to early start. Im Laura Jarrett in for christine romans. Good to see you, my friend. Im dave briggs, wednesday, august 1st, already, if you can believe it. 5 00 a. M. In the east. We start with a chilling story for Many Americans this morning. A federal judge flocking a Government Settlement that would allow for 3d printable guns for sale. You could print out the instructions to guns on the internet, if you can believe it or not. This is a terrifying ordeal for many parents in this country who simply know that their kid could be printing that at the mo ....
Stocks closed higher. tech leading the rally. a rebound after a brutal january loss. nasdaq up 2.1%. broader s&p 5001.45% and the dow almost back to where it started. in earnings, chipotle shares up 10% on strong sales, even after chipotle raised prices. they raised prices, people still keep buying. lyft rose nearly 7% even though omicron hurt them. disney reported after the bell the streaming service, disney+ added 12 million subscribers last quarter. big inflation news is the big word today. the forecast up 7.3% from last year. that would be the highest level in 39 years. ouch. let s bring in cnn economics commentator katheryn rampel, nice to see you here. ....
Trillion. ceo tim cook also announced apple pay will be coming to cvs and 7-eleven later this year. low unemployment and a tight job market are finally translating into better pay for you. last month, american workers received the biggest raise in nearly a decade. wages and salaries rose 2.8% from a year ago, the biggest gain since september of 2008. the number suggests employers are finally feeling the pressure to raise wages so they can attract and keep workers, so we could see more evidence friday when the labor department releases the july jobs report. another food safety scare tanking chipotle shares. the stock fell nearly 7% yesterday. that s after at least two people reported getting sick at an ohio location. chipotle tells cnn it has shut down the restaurant temporarily, really as a precaution. it says it s working with local health officials. chipotle has suffered a series of health scares in recent years. surf s up at tesla. the struggling electric car ....
Last month, american workers received the biggest raise in nearly a decade. wages and salaries rose 2.8% from a year ago. that s the biggest gain since september of 2008. the number suggests employers are finally feeling the pressure to raise wages so they can attract and keep workers. and we could see more evidence on friday, when the labor department is scheduled to release the july jobs report. another food safety scare is tanking chipotle shares. the stock fell nearly 7% yesterday after at least two people reported getting sick at a location in ohio. chipotle tells cnn it shut down the restaurant temporarily as a precaution. says it s working with local health officials. chipotle has suffered a series of health scares in recent years. the most serious was an e. coli outbreak in 2015 that sickened 60 customers in 14 states. surf s up at tesla. the struggling electric car manufacturing dipping a toe into the surfboard business in what could be an effort to keep the ....