Thursday

August 23, 2018

Business and economy

2018 China–United States trade war

American tariffs of 25% on approximately $16 billion worth of Chinese goods come into effect. China immediately responds with equivalent tariffs of its own. (Reuters)

Brexit

The government of the United Kingdom publishes the first 25 of 80 planned "technical notices" providing practical guidance to businesses in case of a no-deal Brexit. (Fortune)

Austrian Chancellor Sebastian Kurz, whose country holds the rotating European Union presidency, expresses interest in avoiding a hard Brexit. (Reuters)

Disasters and accidents

2018 Pacific hurricane season

Hurricane Lane causes flash flooding, and threatens a direct hit towards Hawaii as it passes through Oahu. Over 19 inches (48 cm) of rain has already fallen in some areas. (CNN)