US Domestic News: Online Spending Surges and New Trade Tensions Arise

Current US domestic news highlights include modest in-store Black Friday sales versus rising online sales, discussions on trade tariffs between the US, Canada, and Mexico, ongoing threats to lawmakers, RFK Jr.'s meeting with a Romanian candidate, and protests at the Macy's parade. The flavored vape products dispute also awaits a Supreme Court decision.


Devdiscourse News Desk | Updated: 01-12-2024 05:24 IST | Created: 01-12-2024 05:24 IST
US Domestic News: Online Spending Surges and New Trade Tensions Arise
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As American consumers turned to online shopping this Black Friday, in-store sales saw only slight gains of 0.7%, according to Mastercard's data. Meanwhile, U.S. President-elect Trump continues to stir trade waters, threatening 25% tariffs on Canada and Mexico, drawing concerns from President Joe Biden on potential impacts.

The Biden administration is also grappling with threats made against lawmakers and Trump's cabinet picks, involving swatting and bomb hoaxes, prompting FBI involvement. In another development, RFK Jr. is set to visit Romania to meet with a far-right presidential candidate, signaling possible shifts in diplomatic relations.

Meanwhile, pro-Palestinian protests disrupted the Macy's Thanksgiving Day Parade in New York, adding to a charged atmosphere over national holidays. Additionally, the e-cigarette industry's fight over flavored vapes takes a legal turn as the FDA's case heads to the Supreme Court, challenging agency authority under federal law.

(With inputs from agencies.)

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