U.S. Deaths Top 1,000; Senate Approves Stimulus: Virus Update

(Bloomberg) — The U.S. death toll from the coronavirus topped 1,000, according to a Johns Hopkins tally. The Senate approved a more-than-$2 trillion stimulus package. Singapore estimated that its economy contracted the most in a decade, an early sign of what’s in store for many. The U.S. Senate’s approval of the record fiscal program to address the coronavirus sends the bill to the House of Representatives, which will meet Friday. House Majority Leader Steny Hoyer expects it to pass. Japan is setting up a panel to consider declaring an emergency after a spike in cases in Tokyo prompted officials to adopt a tougher approach. The health minister warned of a high risk infections will become rampant. Cases reach 472,109; 21,308 dead, 114,870 recovered: Johns HopkinsFauci warns of potential for another cycle of infectionsRefugee camps housing millions of people brace for a surge in virus casesU.S. Senate passes $2 trillion relief packageJapan inches toward declaring an emergency Tune in to a Q&A Blog with health experts at 2 p.m. London time (10 a.m. New York) via this link. Subscribe to a daily update on the virus from Bloomberg’s Prognosis team here. Click VRUS on the ter...

All 2,493 items targeted by China’s tariffs in US trade war — Quartz

China’s latest tariff retaliation, announced today, will hit some $60 billion in US exports, including hundreds of agricultural, mining, and manufactured products, threatening jobs and profits at companies around the United States.  Before the trade war starts in earnest, China bought about 17% of US agricultural exports and was a major market for other goods, from Maine lobster to Boeing aircraft. It has been the largest market for Apple iPhones since 2016. Since the escalation of tariffs, though, China has stopped buying soybeans and lobsters, and Apple warned it would miss its expected Christmas holiday sales figures because of trade tensions. In addition to the 25% tariffs below, Beijing also added 20% tariffs on 1,078 US products, 10% tariffs on 974 US products, and 5% tariffs on 595 US products (all links in Chinese). The list was translated from China’s ministry of finance press release using Google translate, and may be inexact in spots. Quartz also rearranged some items on the list to group them into categories, and they may not be in the order of their “harmonized tariff schedule” codes.  Intelligent Terminal, Vacuum Circuit Breaker, Load Switch, Isolation Switch R...