Bedugul Coffee: Wednesday Morning Briefing: Trump re-election flags may get burned by his tariffs

Highlights

Emblazoned with the words “Keep America Great!”, the red, white and blue banners for Trump’s second-term campaign are ready to be shipped. But they are made in eastern China and soon could be hit by punitive tariffs of Trump’s own making as he ratchets up a rancorous trade dispute with Beijing.

‘We’ll be together very soon,’ Maria Marroquin Perdomo told her son on the phone after they were separated at the border. She didn’t know if it was true. Reuters follows a family separated – and reunited.

While the typical retirement message usually focuses on how much people should stash away from every paycheck, new research shows that working longer is the key to dramatically increasing retirement money - even if you go just a month longer than you had planned.

World

When Islamic State fled, farmers from Iraq’s Nineveh province hoped to rebuild their livelihoods. Now, many are turning to militias for regular wages. Read the latest from Special Reports.

A suicide bomber killed at least 29 people near a polling center as Pakistanis voted in a knife-edge general election pitting cricket hero Imran Khan against the party of jailed ex-Prime Minister Nawaz Sharif. Reuters Graphics charts the key candidates and how the main parties fared in past elections.

The death toll from a fire which ripped through a Greek coastal town stood at 80, with dozens of people unaccounted for, as Greece reeled from the horror of victims being burnt alive.

Sponsored by Barclays: Job security in the robot economy. As machine learning and AI become more commercially viable, will humans be replaced in the workplace? We don’t think so. Find out why.

Luke Baker

@BakerLuke

Intent on governing in a more “elevated” way, is France’s Macron misreading the public and isolating supporters? ⁦@MichelReuters https://reut.rs/2AbV4n6⁩

5:46 AM - JUL 25, 2018

Business

Former Fiat Chrysler CEO Marchionne dies

Former Fiat Chrysler chief executive Sergio Marchionne, one of the auto industry’s most tenacious and respected auto chiefs, has died, succumbing to complications from recent surgery.

2 min read

EU prepares retaliatory tariffs on $20 billion of U.S. goods

The European Commission is drawing up a list of $20 billion of U.S. goods to hit with duties if Washington imposes tariffs on imported cars, European Union trade commissioner Cecilia Malmstrom said on the eve of her boss’s meeting with Trump.

4 min read

Reuters watchlist: predicting the next downturn

Economists and investors are watching for signs they hope can predict when the wheels will come off a near-record U.S. economic expansion and equities bull market.

7 Min Read