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ReutersUS Capitol riot's shadow looms over Maryland, West Virginia primaries
More than three years have passed since former President Donald Trump's supporters stormed the U.S. Capitol on Jan. 6, 2021, trying to overturn his election defeat, but the event will play a major role in a series of congressional primaries on Tuesday. The riot played a major role in the life of two candidates seeking their parties' nominations to run for the U.S. House of Representatives -- Democratic former Capitol Police officer Harry Dunn of Maryland and West Virginia Republican Derrick Evans, who served time in prison after pleading guilty to joining the unrest. Both are seeking their party's nominations in highly partisan districts that are seen as unlikely to be competitive in the Nov. 5 general election, when Republicans will be defending a narrow House majority.
PA Media: MoneyBank’s top economist says ‘not unreasonable’ to consider summer rate cut
Huw Pill also said there is ‘some way to go’ in getting and keeping inflation to the Bank’s 2% target.
ReutersUS trade chief recommends higher tariffs to address China's 'unfair' practices
U.S. Trade Representative Katherine Tai on Tuesday recommended raising tariffs on a range of Chinese goods, saying additional actions were needed to address China's technology transfer policies and practices that harmed U.S. workers and companies. She said research showed that previous Section 301 tariffs imposed on China had a minimal impact on U.S. economy-wide prices and employment, but had been effective in reducing U.S. imports of Chinese goods, while increasing imports from other countries. Tai recommended increased funding for enforcement of the tariffs and said increased collaboration between the private sector and government could combat what she called "state-sponsored technology theft."
