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New York
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That could change, come 11:59 p.m. ET on Saturday — the deadline Trump set for when he says he will slap 25% tariffs on all Mexican and Canadian goods and a 10% tariff on all Chinese goods.
The tariffs, he said, will be imposed as a way of punishing the three nations, which Trump claims are responsible for helping people enter the country illegally and supplying fentanyl consumed in the US.
Speaking to reporters from the Oval Office on Thursday, Trump said he meant business, especially with his tariff threats on Mexico and Canada. White House Press Secretary Karoline Leavitt also confirmed on Friday that Trump will levy the 10% tariff on China on Saturday.
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The threat of blanket tariffs is likely being overstated, Ross said in an interview with CNN. “There probably will be exclusions, because there are some goods that just are not made here, will not be made here, and therefore, there’s no particular point putting tariffs on.”
Ross, who was one of a handful of initial cabinet members in Trump’s first administration who kept their position for the entire four-year term, said he advocated for such exclusions when he advised Trump on tariff policies.
Trailer trucks queue to cross into the United States at the Otay Mesa Port of Entry, in Tijuana, Mexico, November 27, 2024. Jorge Duenes/Reuters
New York
CNN
—
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Since President Donald Trump won the election in November, businesses across the globe have been bracing for higher tariffs — a key Day One promise the president made.
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That could change, come 11:59 p.m. ET on Saturday — the deadline Trump set for when he says he will slap 25% tariffs on all Mexican and Canadian goods and a 10% tariff on all Chinese goods.
The tariffs, he said, will be imposed as a way of punishing the three nations, which Trump claims are responsible for helping people enter the country illegally and supplying fentanyl consumed in the US.
Speaking to reporters from the Oval Office on Thursday, Trump said he meant business, especially with his tariff threats on Mexico and Canada. White House Press Secretary Karoline Leavitt also confirmed on Friday that Trump will levy the 10% tariff on China on Saturday.
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The threat of blanket tariffs is likely being overstated, Ross said in an interview with CNN. “There probably will be exclusions, because there are some goods that just are not made here, will not be made here, and therefore, there’s no particular point putting tariffs on.”
Ross, who was one of a handful of initial cabinet members in Trump’s first administration who kept their position for the entire four-year term, said he advocated for such exclusions when he advised Trump on tariff policies.
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U.S. charges sibling leaders of ruthless Mexico cartel, offers $8 million reward for information leading to their capture
Updated on: April 16, 2025 / 7:02 AM EDT / CBS/AP
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Johnny Hurtado Olascoaga and Jose Alfredo Hurtado Olascoaga, are accused of participating in a conspiracy to manufacture cocaine, heroin, methamphetamine and fentanyl and importing and distributing the drugs in the United States, authorities said during a news conference in Atlanta. The newly unsealed three-count indictment was returned by a grand jury in September.
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The two brothers are the leaders of La Nueva Familia Michoacana, a Mexican cartel that was formally designated by the U.S. government in February as a “foreign terrorist organization,” authorities said.
“If you contribute to the death of Americans by peddling poison into our communities, we will work relentlessly to find you and bring you to justice,” Attorney General Pam Bondi said in a statement.
The State Department is offering up to $5 million for information leading to the arrest and/or conviction of Johnny Hurtado Olascoaga and up to $3 million for information about Jose Alfredo Hurtado Olascoaga, who also goes by the name “The Strawberry.” Both men are believed to be in Mexico, officials said.
Separately the U.S. Treasury announced new sanctions Wednesday against the two men and well as two other alleged leaders of the cartel, which the U.S. designates as a “foreign terrorist organization.”
Tyler O’Neill hits record-extending sixth straight Opening Day home run
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For six seasons in a row, Tyler O’Neill has homered on MLB Opening Day.
Making his debut for the Baltimore Orioles on Thursday, O’Neill started the season with his record-extending sixth straight home run on Opening Day during his team’s 12-2 win against the Toronto Blue Jays.
No other player has homered on more than four consecutive Opening Days, with the 29-year-old outfielder’s three-run shot sending the Orioles into a 5-0 lead at the top of the third at Rogers Centre.
Todd Hundley (1994-97), Gary Carter (1977-80) and Yogi Berra (1955-58) all hit four consecutive home runs on Opening Day, while the Major League Baseball record for the total number of Opening Day home runs is held jointly by Adam Dunn, Ken Griffey Jr. and Frank Robinson on eight.
“I’m just not trying to make too much of it,” O’Neill told reporters about his streak. “I’m just trying to go out, have a good first at-bat and see what the game gives me from there.
“Obviously, I understand what’s going on, but it’s not like I’m going out there trying to do anything crazy.”
O’Neill, who signed a three-year, $49.5 million contract to join Baltimore from the Boston Red Sox in the offseason, finished three-for-three with three RBIs and two walks against the Blue Jays.
“It’s a little different when the lights turn on and you’ve got to show up, so it was really cool to see all the guys show up today,” he said. “We got after it out there.”
While the first two games of the MLB regular season took place between the Chicago Cubs and Los Angeles Dodgers in Tokyo last week, Thursday marked the first official day of the season in the United States.
Critics say this power imbalance is clear in the 2016 contract Guyana signed with Exxon. Under the agreement, Exxon keeps 75% of everything it makes from its oil operations in Guyana, with the remaining 25% shared equally between the company and the government, which also takes a 2% royalty.
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“It was a bad deal,” Ali said in the BBC interview, but he has rejected the idea of unilaterally changing the agreement, which was signed by the previous government. He says the next contract with Exxon will be on different terms.
An Exxon spokesperson said the contract is “globally competitive for countries at a similar stage of exploration” and said Guyana is averaging $1 billion a year in “oil profits.”
Exxon has also faced a number of lawsuits over its potential environmental impact, many filed by Melinda Janki, a Guyanese international lawyer, who drafted the country’s Environmental Protection Act back in the 1990s.
A big victory for Guyana’s people and environment came in 2023, when the court ruled Exxon should have unlimited liability for the costs of any oil spill. Exxon has since appealed the ruling and has posted a $2 billion guarantee while it awaits the appeal outcome.
Exxon said this commitment supplements “its robust balance sheets … and the insurance policies they already had in place.” Janki says this isn’t enough. Offshore oil spills can be extremely expensive to deal with, the 2010 Deepwater Horizon spill cost nearly $70 billion to clean up.
The push and pull between those who say oil offers Guyana a brighter future and those who fear the industry’s impact will continue.
Exxon said it’s had a positive impact on the country, including employing more than 6,200 people, investing more than $2 billion with local Guyanese businesses since 2015 and spending more than $43 million on community projects.
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Trailer trucks queue to cross into the United States at the Otay Mesa Port of Entry, in Tijuana, Mexico, November 27, 2024. Jorge Duenes/Reuters
New York
CNN
—
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That could change, come 11:59 p.m. ET on Saturday — the deadline Trump set for when he says he will slap 25% tariffs on all Mexican and Canadian goods and a 10% tariff on all Chinese goods.
The tariffs, he said, will be imposed as a way of punishing the three nations, which Trump claims are responsible for helping people enter the country illegally and supplying fentanyl consumed in the US.
Speaking to reporters from the Oval Office on Thursday, Trump said he meant business, especially with his tariff threats on Mexico and Canada. White House Press Secretary Karoline Leavitt also confirmed on Friday that Trump will levy the 10% tariff on China on Saturday.
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The threat of blanket tariffs is likely being overstated, Ross said in an interview with CNN. “There probably will be exclusions, because there are some goods that just are not made here, will not be made here, and therefore, there’s no particular point putting tariffs on.”
Ross, who was one of a handful of initial cabinet members in Trump’s first administration who kept their position for the entire four-year term, said he advocated for such exclusions when he advised Trump on tariff policies.
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Trailer trucks queue to cross into the United States at the Otay Mesa Port of Entry, in Tijuana, Mexico, November 27, 2024. Jorge Duenes/Reuters
New York
CNN
—
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Since President Donald Trump won the election in November, businesses across the globe have been bracing for higher tariffs — a key Day One promise the president made.
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That could change, come 11:59 p.m. ET on Saturday — the deadline Trump set for when he says he will slap 25% tariffs on all Mexican and Canadian goods and a 10% tariff on all Chinese goods.
The tariffs, he said, will be imposed as a way of punishing the three nations, which Trump claims are responsible for helping people enter the country illegally and supplying fentanyl consumed in the US.
Speaking to reporters from the Oval Office on Thursday, Trump said he meant business, especially with his tariff threats on Mexico and Canada. White House Press Secretary Karoline Leavitt also confirmed on Friday that Trump will levy the 10% tariff on China on Saturday.
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Ross, who was one of a handful of initial cabinet members in Trump’s first administration who kept their position for the entire four-year term, said he advocated for such exclusions when he advised Trump on tariff policies.
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U.S. charges sibling leaders of ruthless Mexico cartel, offers $8 million reward for information leading to their capture
Updated on: April 16, 2025 / 7:02 AM EDT / CBS/AP
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Johnny Hurtado Olascoaga and Jose Alfredo Hurtado Olascoaga, are accused of participating in a conspiracy to manufacture cocaine, heroin, methamphetamine and fentanyl and importing and distributing the drugs in the United States, authorities said during a news conference in Atlanta. The newly unsealed three-count indictment was returned by a grand jury in September.
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The two brothers are the leaders of La Nueva Familia Michoacana, a Mexican cartel that was formally designated by the U.S. government in February as a “foreign terrorist organization,” authorities said.
“If you contribute to the death of Americans by peddling poison into our communities, we will work relentlessly to find you and bring you to justice,” Attorney General Pam Bondi said in a statement.
The State Department is offering up to $5 million for information leading to the arrest and/or conviction of Johnny Hurtado Olascoaga and up to $3 million for information about Jose Alfredo Hurtado Olascoaga, who also goes by the name “The Strawberry.” Both men are believed to be in Mexico, officials said.
Separately the U.S. Treasury announced new sanctions Wednesday against the two men and well as two other alleged leaders of the cartel, which the U.S. designates as a “foreign terrorist organization.”
In addition to drug trafficking, the Familia Michoacana cartel has also engaged in extortions, kidnappings and murders, according to U.S. prosecutors.
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Tyler O’Neill hits record-extending sixth straight Opening Day home run
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For six seasons in a row, Tyler O’Neill has homered on MLB Opening Day.
Making his debut for the Baltimore Orioles on Thursday, O’Neill started the season with his record-extending sixth straight home run on Opening Day during his team’s 12-2 win against the Toronto Blue Jays.
No other player has homered on more than four consecutive Opening Days, with the 29-year-old outfielder’s three-run shot sending the Orioles into a 5-0 lead at the top of the third at Rogers Centre.
Todd Hundley (1994-97), Gary Carter (1977-80) and Yogi Berra (1955-58) all hit four consecutive home runs on Opening Day, while the Major League Baseball record for the total number of Opening Day home runs is held jointly by Adam Dunn, Ken Griffey Jr. and Frank Robinson on eight.
“I’m just not trying to make too much of it,” O’Neill told reporters about his streak. “I’m just trying to go out, have a good first at-bat and see what the game gives me from there.
“Obviously, I understand what’s going on, but it’s not like I’m going out there trying to do anything crazy.”
O’Neill, who signed a three-year, $49.5 million contract to join Baltimore from the Boston Red Sox in the offseason, finished three-for-three with three RBIs and two walks against the Blue Jays.
“It’s a little different when the lights turn on and you’ve got to show up, so it was really cool to see all the guys show up today,” he said. “We got after it out there.”
While the first two games of the MLB regular season took place between the Chicago Cubs and Los Angeles Dodgers in Tokyo last week, Thursday marked the first official day of the season in the United States.
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Critics say this power imbalance is clear in the 2016 contract Guyana signed with Exxon. Under the agreement, Exxon keeps 75% of everything it makes from its oil operations in Guyana, with the remaining 25% shared equally between the company and the government, which also takes a 2% royalty.
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“It was a bad deal,” Ali said in the BBC interview, but he has rejected the idea of unilaterally changing the agreement, which was signed by the previous government. He says the next contract with Exxon will be on different terms.
An Exxon spokesperson said the contract is “globally competitive for countries at a similar stage of exploration” and said Guyana is averaging $1 billion a year in “oil profits.”
Exxon has also faced a number of lawsuits over its potential environmental impact, many filed by Melinda Janki, a Guyanese international lawyer, who drafted the country’s Environmental Protection Act back in the 1990s.
A big victory for Guyana’s people and environment came in 2023, when the court ruled Exxon should have unlimited liability for the costs of any oil spill. Exxon has since appealed the ruling and has posted a $2 billion guarantee while it awaits the appeal outcome.
Exxon said this commitment supplements “its robust balance sheets … and the insurance policies they already had in place.” Janki says this isn’t enough. Offshore oil spills can be extremely expensive to deal with, the 2010 Deepwater Horizon spill cost nearly $70 billion to clean up.
The push and pull between those who say oil offers Guyana a brighter future and those who fear the industry’s impact will continue.
Exxon said it’s had a positive impact on the country, including employing more than 6,200 people, investing more than $2 billion with local Guyanese businesses since 2015 and spending more than $43 million on community projects.
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