The announcement Thursday from the Federal Trade Commission comes amid a nationwide crackdown on e-cigarettes as politicians and health authorities try to reverse an explosion of underage vaping by U.S. teenagers.
Nation and World
President Donald Trump intensified pressure Thursday on China to reach a trade deal by saying that beginning Sept. 1, he will impose 10% tariffs on the remaining $300 billion in Chinese imports he hasn’t already taxed. The move immediately sent stock prices sinking.
A Facebook executive on Tuesday defended the social network’s ambitious plan to create a digital currency and pledged to work with regulators to achieve a system that protects the privacy of users’ data.
The chairman’s remarks led investors to send stock prices up, bond yields down and the value of the U.S. dollar lower on expectations of lower interest rates.
Despite pushback from business and Mexico, President Trump doubled down Friday on his threat to slap a 5% tariff on Mexican imports unless Mexico cracks down on migrants trying to cross the border.
Small and mid-size businesses want the federal government to follow through on a promise to rebuild the nation’s infrastructure — including roads, bridges and internet.
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