CNN 5 Things Trade war escalation, Southwest drops perk, addressing subway delays & more
Mar 11, 2025
Tensions rise as President Trump threatens new tariffs on Canada, stirring recession fears. Meanwhile, U.S. and Ukraine diplomats express optimism over military aid discussions. Southwest Airlines is ditching its popular perk, causing quite a stir among travelers. In an innovative move, NYC's subway system plans to use Google Pixel smartphones to gather crucial data, aiming to tackle delays and enhance efficiency.
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Recession Risk and Tariff Threats
- Goldman Sachs raised the chance of a recession to 20% in the next year.
- Trump threatened new tariffs on Canadian goods like electricity, steel, and aluminum.
US-Ukraine Diplomacy
- US and Ukrainian diplomats met in Saudi Arabia to discuss ending the war.
- They aimed to find common ground on Ukraine's peace terms and Russia's willingness to comply.
Government Shutdown Looms
- House Republicans plan to vote on a stopgap bill to avert a government shutdown.
- The bill increases defense spending and cuts non-defense spending, facing Democratic opposition.