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On Saturday evening, Trump signed executive orders to impose tariffs on Mexico, Canada and China under the International Emergency Economic Powers Act (IEEPA), with a White House fact sheet claiming the move is meant to hold the US largest trading partners accountable to their promises of halting illegal immigration and stopping poisonous fentanyl and other drugs from flowing into our country. The orders put 25 percent additional tariffs on imports from Canada and Mexico, the one exception being that energy products from Canada will be subject to a 10 percent tariff. Imports from China will also face a 10 percent tariff. The broad tariffs are expected to take effect on Tuesday and could have ramifications not only for American businesses, but for consumers too. Mexico, Canada and China are the top suppliers of US goods imports, each accounting for hundreds of billions of dollars worth of products coming into the country each year, data from the US Department of Commerce and the US International Trade Commission show. Those products span a wide range of categories, from agriculture to transportation/automotive, fuel, electronics, wood, furniture, alcohol and more. Mexico and Canada dominate US imports of agricultural goods, with Mexico supplying items like fruits, vegetables and nuts, and the bulk of imported animal products like beef coming from Canada, according to Trading Economics and the US Department of Agriculture. The two countries have also been our top suppliers for transportation equipment, including cars and car parts, and crude oil. Canada is responsible for almost 60 percent of US crude oil imports according to the Congressional Research Service, which noted in a report last month that the new tariffs might affect the U.S. crude oil market and consumer fuel prices. Imports of electronics have largely come from China, and Mexico follows closely behind. Trading Economics data also show machinery, toys and games, furniture and plastics among the top goods imported from China in recent years. The electronics sector could take an additional hit down the line, as Trump has said he also plans to impose tariffs on imported semiconductors, along with pharmaceuticals and steel. Leaders from Canada and Mexico have both responded to the tariffs, saying they would impose their own on US goods in retaliation. Canadian Prime Minister Justin Trudeau on Saturday announced a 25 percent tariff on roughly $107 billion (155 billion Canadian dollars) worth of US goods, Reuters reports. In a statement released after the announcement of the tariffs, John Murphy, U.S. Chamber of Commerce Senior Vice President and Head of International, warned that Trumps new tariffs could negatively affect both consumers and the supply chains. The President is right to focus on major problems like our broken border and the scourge of fentanyl, but the imposition of tariffs under IEEPA is unprecedented, wont solve these problems, and will only raise prices for American families and upend supply chains, Murphy said. The Chamber will consult with our members, including main street businesses across the country impacted by this move, to determine next steps to prevent economic harm to Americans.This article originally appeared on Engadget at https://www.engadget.com/big-tech/trumps-tariffs-on-mexico-canada-and-china-could-drive-up-prices-of-cars-electronics-fuel-food-and-more-172823156.html?src=rss
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Microsoft is getting rid of the VPN offered through Microsoft Defender. As spotted by Windows Latest, the company updated its support pages for privacy protection, its built-in VPN, to notify users that the service will end on February 28. The VPN was bundled with Microsoft Defender, which is available to anyone with a personal or family Microsoft 365 subscription, and it offered private browsing by routing your internet traffic through Microsoft servers, up to the monthly data limit of 50GB. In a statement about the decision posted on the support page, Microsoft said, Our goal is to ensure you, and your family remain safer online. We routinely evaluate the usage and effectiveness of our features. As such, we are removing the privacy protection feature and will invest in new areas that will better align to customer needs. Android users might still see the Microsoft Defender VPN profile in their settings after the expiration date, which theyll need to remove manually if they want it gone. Action is not required by Windows, iOS, and macOS users, Microsoft notes. The company also says this is the only feature getting killed off for now. According to Microsoft, device protection and identity theft and credit monitoring (US) features will continue.This article originally appeared on Engadget at https://www.engadget.com/cybersecurity/microsoft-defenders-vpn-feature-will-be-killed-off-at-the-end-of-february-212313322.html?src=rss
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Owners of some early Apple Watch models may be eligible for payment from a $20 million class action settlement. Apple recently agreed to settle a lawsuit that claimed some first generation, Series 1, Series 2, and Series 3 Apple Watches had battery swelling issues that could have caused damage to the devices. The company has denied any wrongdoing and in a statement to TechCrunch said it strongly disagrees with the claims made in the lawsuit, but nonetheless agreed to settle to avoid further litigation. The exact amount of the payments will depend on how many claimants ultimately end up being involved, but its expected to be between $20 to $50 per eligible device. Theres a full breakdown of eligibility and deadlines on the website for the class action lawsuit, but the main thing to know is that in order to receive payment, you must have reported the issue to Apple in the US between April 24, 2015, and February 6, 2024. Settlement Class Members will receive a payment without the need to submit a claim form, the website notes. You just need to submit your payment information through the settlement website (here) by April 10. Notices of eligibility will be sent out by mail and email. This article originally appeared on Engadget at https://www.engadget.com/big-tech/apple-has-agreed-to-pay-20-million-to-settle-a-class-action-lawsuit-over-apple-watch-battery-swelling-175616623.html?src=rss
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