United States, President Trump, Harry discussed on AP 24 Hour News

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Trump insists the new tariffs. The US is imposed on two hundred billion dollars of Chinese imports. Bring more money to the US, but as AP Washington correspondent saga megani reports. Studies say that's not the case. The president says the tariffs mean more money in US coffers. Our country can take one hundred and twenty billion dollars a year in tariffs paid for mostly by China. But study showed the tariff Vernon actually falls on American consumers and businesses that by the Chinese imports and with the president threatening tariffs on all Chinese goods coming here. Economist Diane Swonk worries about the impact literally everything we buy the any kind of a good most of it comes from Chinese days. The president says ongoing trade talks with China are very congenial. But there's no word of progress on resolving the dispute saga megani at the White House. After years of disrupting the shaving industry with its innovative subscription plans. The upstart company Harry's is being absorbed by one of the major players under the one point three seven billion dollar agreement announced Thursday investors in Harry's Inc. Will take a stake of about eleven percent of Edgewood personal care company, which manages Schick and other brands edge. Well, gets the Harry's brand and access to the company's prize direct to consumer marketing base. Harry's now steps up to the global stage. It'll be marketed through edge wells enormous distribution channels. Harry's founders Andy Katz Mayfield, and Jeff raider will become co presidents of edgewise US operations when the deal closes probably in early twenty twenty. A radio news. I'm Ed Donahue. Big losses on Wall Street have eased as the day goes on new US tariffs against China took.

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