Politics
China threatens retaliation for Trump’s planned tariff hike
Published
7 years agoon
BEIJING (AP) — China on Friday threatened retaliation if U.S. President Donald Trump’s planned tariff hikes go ahead, while the renewed acrimony between the two biggest global economies sent stock markets tumbling.
China’s government accused Trump of violating his June agreement with President Xi Jinping to revive negotiations aimed at ending a costly fight over Beijing’s trade surplus and technology ambitions.
Trump rattled financial markets with Thursday’s surprise announcement of 10% tariffs on $300 billion of Chinese imports, effective Sept. 1. That would extend punitive duties to everything the United States buys from China.
If that goes ahead, “China will have to take necessary countermeasures to resolutely defend its core interests,” said a foreign ministry spokeswoman, Hua Chuying.
“We don’t want to fight, but we aren’t afraid to,” Hua said at a regular news briefing. She called on Washington to “abandon its illusions, correct mistakes, and return to consultations based on equality and mutual respect.”
Washington and Beijing are locked in a battle over complaints China steals or pressures companies to hand over technology. The Trump administration worries American industrial leadership might be threatened by Chinese plans for government-led creation of global competitors in robotics and other technologies. Europe and Japan echo U.S. complaints those plans violate Beijing’s market-opening commitments.
Washington earlier imposed 25% tariffs on $250 billion in Chinese products. Beijing has retaliated by raising import duties on $110 billion of U.S. goods.
Beijing is about to run out of American imports for retaliation due to their lopsided trade balance.
China imported U.S. goods worth about $160 billion last year. But regulators have extended retaliatory measures to include slowing down customs clearance for American companies and putting off issuing license in insurance and other fields.
Beijing also is threatening to release an “unreliable entities” blacklist of foreign companies that might face restrictions on doing business with China. Plans for that were announced after Washington imposed crippling restrictions in May on sales of U.S. technology to Chinese tech giant Huawei Technologies Ltd.
Trump’s announcement surprised investors after the White House said Beijing promised to buy more farm goods. It came as their latest trade talks ended in Shanghai with no sign of a deal. Officials said they would resume next month in Washington.
The announcement “is likely to put a comprehensive deal further out of reach,” said Fitch Solutions in a report.
Tokyo’s main stock market index fell 2.5% by midday and Hong Kong’s benchmark lost 2.3%. Markets in Shanghai, Sydney and Seoul also declined.
Earlier on Wall Street, the benchmark Standard & Poor’s 500 fell for a fourth day, losing 0.9% to 2,953.56.
The Dow Jones Industrial Average declined 1% to 26,583.42. The Nasdaq composite ended 0.8% lower at 8,111.12.
Also Friday, China’s yuan fell to its lowest level this year against the dollar after Trump’s tariff threat fueled concerns about slowing economic growth, coming close to breaking the politically sensitive level of seven to the U.S. currency.
The yuan tumbled to 6.9520 to the dollar, its weakest since December, but recovered slightly by midday.
Trump’s threat “will likely put more depreciation pressure” on the currency, said Tao Wang of UBS in a report. She said Beijing is likely to “tightly manage” the exchange rate “to avoid any significant depreciation.”
The currency’s weakness is helping to fuel Washington’s trade complaints. The U.S. Treasury Department declined in May to label China a currency manipulator but said it was closely watching Beijing.
The level of seven yuan to the dollar has no economic significance, but could revive U.S. attention to the exchange rate.
Trump’s earlier tariffs were intended to minimize the impact on ordinary Americans by focusing on industrial goods. But the new tariffs will hit a vast range of consumer products from cellphones to silk scarves.
China’s foreign minister criticized the move.
“Imposing tariffs is definitely not the right way to resolve trade frictions,” Wang Yi told reporters in Bangkok, where he was attending a meeting of the Association of Southeast Asian Nations.
Trump has long said he was preparing to tax the $300 billion in additional Chinese tariffs. But he had suspended the threat after meeting Xi at a gathering of the Group of 20 major economies in Osaka, Japan.
The president accused Beijing of failing to follow through on stopping the sale of fentanyl to the United States or on purchasing large quantities of farm goods such as soybeans. Speaking to reporters Thursday at the White House, Trump complained Xi is “not moving fast enough.”
Talks broke down in May after the United States accused the Chinese of reneging on earlier commitments.
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Florida
Vilchez Santiago Wins Union Backing; Daisy Morales Says Voters — Not Political Endorsements — Decide Elections
Published
2 days agoon
July 10, 2026ORLANDO, Fla. (FNN NEWS) — The Democratic primary for Florida House District 43 intensified this week after candidate Samuel Vilchez Santiago announced endorsements from a coalition of labor organizations, prompting former State Rep. Daisy Morales to respond that while endorsements are important, elections are ultimately decided by voters.
Vilchez Santiago announced support from 12 labor organizations, including the Florida AFL-CIO, Central Florida AFL-CIO, SEIU Florida, the Florida Education Association, the Orange County Fire Fighters Association, United Food and Commercial Workers Local 1625, the Orange County Classroom Teachers Association, the United Auto Workers, the International Brotherhood of Electrical Workers Local 606, the Laborers’ International Union of North America Local 517, SMART Transportation Division PAC, and the Amalgamated Transit Union Local 1596.
“I am incredibly honored to earn the support of these outstanding labor organizations,” Vilchez Santiago said.
He said the endorsements were especially meaningful because he grew up in a union household.
“These endorsements are deeply personal to me. As someone who grew up in a union household, I understand firsthand that unions create pathways into the middle class and give working families the opportunity to build a better future.”
Vilchez Santiago said he would continue advocating for workers’ rights and policies that strengthen Florida’s middle class if elected.
Morales Congratulates Opponent, Recognizes Union Members
In response, Morales congratulated Vilchez Santiago on receiving the endorsements while recognizing the contributions of organized labor across Florida.
“I congratulate Mr. Vilchez Santiago on earning the support of these organizations and appreciate every group that participates in our democratic process,” Morales said.
Morales praised union members working as teachers, firefighters, law enforcement officers, healthcare professionals, skilled trades workers, transportation employees and others who contribute to Florida’s economy.
“Every worker deserves respect, opportunity, safe workplaces, fair wages, and the opportunity to achieve the American Dream.”
Morales Points to 2020 Democratic Primary
Morales said endorsements are valued but do not determine election outcomes.
She cited the 2020 Democratic Primary for Florida House District 48, when Vilchez Santiago received endorsements from elected officials, political organizations and advocacy groups before Morales defeated him and three other Democratic candidates to win the Democratic nomination.
Following that election, Florida Politics wrote that endorsements “didn’t matter” after Morales emerged victorious.
“That election demonstrated a principle that remains true today,” Morales said. “Political endorsements are valued expressions of support, but they never replace the judgment of the voters. The people—not political insiders or special interests—have the final say on Election Day.”
Morales later won the general election and represented House District 48 from 2020 to 2022.
Contrasting Campaign Messages
The exchange highlights the different messages each campaign is emphasizing as the Aug. 18 Democratic primary approaches.
Vilchez Santiago has focused on labor support, workers’ rights, affordability, housing, healthcare and reducing the influence of special interests.
Morales has centered her campaign on her legislative experience, bipartisan record and accomplishments during her term in the Florida House.
Morales said her official legislative record includes sponsoring and co-sponsoring more than 110 bills during the 2021 and 2022 legislative sessions and helping secure more than $12.5 million in state appropriations supporting higher education, healthcare, workforce development, nonprofit organizations, infrastructure improvements and community projects.
Among the legislative priorities Morales highlighted were educational opportunities for disabled veterans, property tax relief, consumer protection, public safety, workforce development, healthcare initiatives, infrastructure investments and services benefiting veterans, seniors and individuals with disabilities.
“Working families deserve representatives who deliver results—not just campaign promises,” Morales said.
Leadership and Experience
Morales said voters should evaluate candidates based on their accomplishments in public office.
“There is a clear difference in this race. My opponent is asking voters to consider who has endorsed his campaign. I am asking voters to examine my record of public service, legislative accomplishments, and proven results. Experience matters because results matter.”
She encouraged voters to review her official legislative record on the Florida House of Representatives website, which includes sponsored and co-sponsored legislation, committee assignments, voting history and appropriations.
Primary Election Approaches
The Democratic primary for Florida House District 43 will be held on Tuesday, Aug. 18, 2026, with early voting scheduled for Aug. 3–16. The winner will advance to the Nov. 3 general election.
House District 43 includes portions of east Orange County, including Azalea Park, Union Park, Alafaya, Orlando, Rio Pinar and surrounding communities.
Both campaigns are expected to continue emphasizing their respective strengths as voters begin casting ballots in one of Central Florida’s most closely watched Democratic legislative primaries.
Central Florida News
Orlando Begins Fiscal Year 2026-27 Budget Review, Addresses Property Tax Reform and Future Spending
Published
2 days agoon
July 10, 2026ORLANDO, Fla. (FNN NEWS) — The City of Orlando will officially begin its Fiscal Year 2026-27 budget process on Monday, July 13, with a public budget workshop outlining Mayor Buddy Dyer’s proposed spending plan for the coming fiscal year.
City officials said the proposed budget is balanced, does not increase the city’s millage rate, and continues to prioritize the core municipal services residents rely on every day.
Budget Workshop Scheduled for July 13
The budget process begins with a workshop at 10 a.m. in the City Council Chambers on the second floor of Orlando City Hall.
During the workshop, Mayor Buddy Dyer and members of the Orlando City Council will receive an overview of the proposed Fiscal Year 2026-27 budget from Chief Financial Officer Jose Fernandez and Assistant Chief Financial Officer Jason Wojkiewicz.
In addition to presenting the proposed spending plan, city financial officials will discuss proposed property tax reform and its potential impact on future city budgets and long-term financial planning.
Public Hearings Scheduled for September
Following the budget workshop, Orlando residents will have opportunities to provide public input during two public hearings in September.
Budget Hearing No. 1
Monday, Sept. 14, 2026
5:01 p.m.
City Council Chambers, Orlando City Hall
During the first hearing, the City Council is expected to adopt a proposed millage rate and establish a tentative Fiscal Year 2026-27 budget and Capital Improvement Program.
Budget Hearing No. 2
Monday, Sept. 28, 2026
5:01 p.m.
City Council Chambers, Orlando City Hall
The second and final public hearing will include the City Council’s vote to adopt the final millage rate, Fiscal Year 2026-27 budget and Capital Improvement Program.
Budget Takes Effect Oct. 1
If approved, Orlando’s Fiscal Year 2026-27 budget will take effect on Thursday, Oct. 1, 2026, marking the beginning of the city’s new fiscal year.
FY 2026-27 Budget Timeline
- Monday, July 13 — Budget Workshop (10 a.m.)
- Monday, Sept. 14 — First Public Budget Hearing (5:01 p.m.)
- Monday, Sept. 28 — Final Public Budget Hearing and Adoption Vote (5:01 p.m.)
- Thursday, Oct. 1 — Fiscal Year 2026-27 Budget Implementation
The annual budget process establishes funding priorities for city operations, public safety, transportation, parks, infrastructure, capital improvements and other municipal services while determining the city’s property tax rate for the upcoming fiscal year.
Politics
State Rep. Angie Nixon Condemns Deadly ICE Shooting, Calls for Independent Investigation
Published
2 days agoon
July 10, 2026JACKSONVILLE, Fla. (FNN NEWS) — Following the fatal shooting of 52-year-old father and construction worker Lorenzo Salgado Araujo by an Immigration and Customs Enforcement (ICE) agent in Houston, Democratic U.S. Senate candidate and Florida State Representative Angie Nixon released the following statement:
Statement from Rep. Angie Nixon
“Lorenzo Salgado Araujo was a father who spent decades building homes and providing for his family. He was fatally shot in the street by an ICE agent operating from an unmarked vehicle. My heart breaks for his wife and three sons.
“Our nation faces a moral choice. We must stop investing billions of taxpayer dollars in an agency that, in my view, terrorizes communities, operates with too little accountability, and often conducts enforcement actions without body cameras or clear identification. Those resources should instead be invested in strengthening our communities and helping families meet their basic needs. I believe ICE should be abolished.
“I stand in full solidarity with Lorenzo’s family in calling for a fully independent and transparent investigation into his death. I also call for the immediate release of his brother and the other individuals who were detained during this incident if they are being held without legal justification.”
Key Points
- Rep. Angie Nixon expressed condolences to the family of Lorenzo Salgado Araujo.
- She called for a fully independent and transparent investigation into the fatal shooting.
- Nixon criticized ICE’s enforcement practices and renewed her call to abolish the agency.
- She urged the release of Lorenzo’s brother and others detained during the incident if their continued detention is not legally justified.
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