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Here’s how Trump’s tariff threats will impact you: CNBC

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On Monday, CNBC’s Editor-at-Large, John Harwood sat down with MSNBC host Stephanie Ruhle to discuss the impact of Trump’s “escalating” trade war with China.

Over the weekend Trump threatened to increase tariffs on Chinese goods.

“Trump warned that tariffs on $200 billion worth of Chinese goods could rise to 25% on Friday and China was considering canceling this week’s trade talks with the U.S. in light of the threat,” a report from CNBC said.

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Harwood broke down Trump’s impulsive cycle of negotiating with China.

“President Trump responds moment to moment,” Harwood said. ” So when the stock market does badly because of his trade war, he will tend to pull back, and when he gets close to a deal and he sees criticism of the deal he will pull back and threaten more tariffs which will cause the cycle to continue.”

“This is a president who acts on short term impulses and not long term strategy,” he added.

Watch below via MSNBC:

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UK travel giant Thomas Cook set to collapse: report

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Thomas Cook's 178-year existence was reported to be coming to an end on Monday after the British travel firm struggled to find private investment to keep it afloat, potentially affecting thousands of holidaymakers.

The operator has said it needs £200 million ($250 million) or else it will face administration, which could affect 600,000 holidaymakers and require Britain's largest peacetime repatriation.

A source close to the negotiations told AFP that the company had failed to find the cash from private investors and would collapse unless the government intervened.

But ministers are unlikely to step in due to worries about the pioneering operator's longer-term viability, the Times reported, leaving it on the brink.

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‘We are the people’: Watch Billy Porter get a standing ovation for his passionate speech at the Emmys

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In a powerful and passionate speech accepting his Emmy, "Pose" actor Billy Porter showered the audience with love and proudly reminded all of their right to belong and be loved.

"Oh, my God. God bless you all! The category is love, y'all, love!" Porter exclaimed.

The epic FX show "Pose" depicts Black and Latinos in the LGBTQ ballroom culture of New York City in the 1980s in the first season and the early 1990s in the second season.

"I am so overwhelmed and so overjoyed to have lived long enough to see this day," he said. "James Baldwin wrote, 'It took many years of vomiting up the filth I was taught about myself and half-believed, before I was able to walk on the earth as though I had a right to be here.' I have the right. You have the right. We all have the right."

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Paris show of King Tutankhamun artifacts set new record with 1.42 million visitors

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A blockbuster Tutankhamun show set a new all-time French record Sunday, with 1.42 million visitors flocking to see the exhibition in Paris, the organisers said.

The turnout beat the previous record set by another Tutankhamun show billed as the "exhibition of the century" in 1967, when 1.24 million queued to see "Tutankhamun and His Times" at the Petit Palais.

"Tutankhamun: Treasures of the Golden Pharaoh" -- which has been described as a "once in a generation" show -- will open in London in November.

The last time a show of comparable size about the boy king opened there in 1972 it sparked "Tutmania", with 1.6 million people thronging the British Museum.

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