Trump’s Trade War With China Could Cost the Average Family Up to $2,300 a Year, Report Estimates

President Donald Trump’s trade war with China could cost the average American family of four up to $2,300 a year, according to a report on the effect of tariffs on the U.S. economy and workers.

The study, by the economic consulting firm Trade Partnership Worldwide, assesses how tariffs will affect American consumers and the economy. According to the report, an average American family of four would pay $2,300 more in goods and services each year if Trump imposes a 25% tariff on all goods from China, as he has repeatedly threatened. If tariff levels remain where they are today, the average American family is expected to pay about $770 in higher costs each year the tariffs remain in place, says Laura Baughman, a co-author of the study and president at Trade Partnerships Worldwide.

The findings come as Trump and China have both escalated the trade dispute in recent days. As U.S. and Chinese negotiations met in Washington last week, Trump announced that he was raising tariffs from 10% to ..

New Zealand Prime Minister Jacinda Ardern Does ‘Not Understand’ U.S. Resistance to Gun Control

New Zealand Prime Minister Jacinda Ardern said that she does “not understand” why the United States has failed to change its gun laws in the aftermath of mass shootings.

Speaking with CNN’s Christiane Amanpour on Tuesday, Ardern noted that even though her county has a strong hunting culture and had “pretty permissive gun legislation,” most New Zealanders agreed after the Christchurch attack it was necessary to “draw the line.”

On April 10, less than a month after a white supremacist terrorist shot and killed 51 people at two mosques in Christchurch, New Zealand, the country’s parliament voted 119 to one to pass gun control legislation that banned most of the country’s automatic and semiautomatic weapons.

Ardern said while there is a “practical purpose and use for guns,” at the same time, “that does not mean you need access to military-style semiautomatic weapons and assault rifles. You do not. And New Zealanders by and large absolutely agreed with that position.”

She also compared ..