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China announces 84% tariff on US goods in response to Trump

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www.youtube.com – FOX 35 Orlando – 2025-04-09 07:03:04

SUMMARY: China has announced an 84% tariff on US goods, escalating tensions between the two countries amid ongoing market volatility. The Dow experienced a dramatic 1,700-point swing, reflecting investor uncertainty regarding tariffs. Financial planner Joe Bur advises clients to maintain a diversified portfolio with quality investments to weather market dips. He notes that downturns can present buying opportunities, as historically, markets tend to recover significantly after drops. With $7.5 trillion in money market accounts, Bur emphasizes the importance of being prepared for market rebounds, as hasty selling can hinder long-term investment success.

Trump’s sweeping new tariffs on America’s trading partners took effect on Wednesday, including a combined total of 104% against goods from China. The 10% baseline already began on Saturday. And then at midnight on Wednesday, the higher import tax rates on dozens of countries and territories took hold. China has retaliated with 84% tariffs on U.S. goods. Financial Planner Joe Bert shares how you can navigate volatile markets.

FOX 35 Orlando delivers breaking news, live events, investigations, politics, entertainment, business news and local stories from Orlando, Florida and across the nation.

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News from the South - Florida News Feed

Democrat Colin Allred is running again for US Senate in Texas

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www.clickorlando.com – Associated Press – 2025-07-01 04:03:00

SUMMARY: Former Texas congressman Colin Allred has launched a U.S. Senate bid to challenge Republican Sen. John Cornyn, who faces a tough primary against Texas Attorney General Ken Paxton. This marks Allred’s second Senate run after narrowly losing to Sen. Ted Cruz last year in a record-spending race that failed to deliver a Democratic victory. Allred aims to end Texas Democrats’ 30-year statewide election drought, positioning himself as a moderate championing abortion rights and economic opportunity. Former astronaut Terry Virts also entered the Democratic race. The GOP primary remains contentious, with President Trump yet to endorse either Cornyn or Paxton.

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News from the South - Florida News Feed

“A miracle”: Florida family captures dramatic rescue after 2 go overboard on Disney cruise

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www.youtube.com – ABC Action News – 2025-06-30 22:27:33

SUMMARY: A Florida family captured dramatic video of a rescue during a Disney Dream cruise when two people—a man and a child—went overboard. Caitlin Davis, a frequent Disney cruiser, described the terrifying moment as life rings were thrown, and a lifeboat quickly rescued the pair. Passengers witnessed the child wrapped in a towel and the man relieved after being pulled aboard. Disney praised its crew for their prompt, skilled response ensuring the safe return of both guests. Although details about the survivors’ relationship remain unknown, the incident was a rare but powerful reminder of unexpected dangers at sea.

A local family from Indian Rocks Beach said they were on the ship and captured video of the moments leading up to the rescue.

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News from the South - Florida News Feed

Dad jumps into ocean after daughter falls from Disney cruise ship

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www.youtube.com – CBS Miami – 2025-06-30 17:17:18

SUMMARY: A young girl fell overboard from the Disney Dream cruise ship’s fourth deck while the ship was returning to Fort Lauderdale from the Bahamas. Her father immediately jumped into the ocean to save her. Passengers watched anxiously as the pair held onto each other, treading water until the crew quickly rescued them both. The fourth deck, known as the Promenade Deck, has no cabins and features lounges and theaters. The exact cause of the fall is unclear, though it reportedly happened during a selfie attempt. Both father and daughter are safe, and Disney praised the crew’s swift response.

A father jumped into the ocean Saturday to save his young daughter after she fell overboard from a Disney Cruise Line ship.

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