More than a year into the U.S.-China trade war, American consumers find themselves in the crosshairs for the first time. JPMorgan Chase has estimated the annual cost of the trade war for American households.
In Brexit news, British Prime Minister Boris Johnson demanded that E.U. leaders throw out a plan, known as the “backstop,” that would ensure an open border between Ireland and Northern Ireland. E.U. leaders rejected Johnson’s effort, leading to a nail-biting season of negotiations ahead of Oct. 31, when Britain is scheduled to leave the European Union.
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