Canadian tariffs, Trump poll, Disney v FCC and Qusra

Hi, I'm Kim Vinnell in Whanganui, New Zealand. It's Wednesday, August 19th. Today, Canada lands an 11th-hour reprieve, dodging new 50% import tariffs. A new poll shows a majority of Americans think Trump and his family are cashing in on the presidency. A stunning upset in Florida's Democratic primary. And a Palestinian-American from Ohio flies to the West Bank to stand along his besieged family. This is Reuters World News, bringing you everything you need to know from the front lines in 10 minutes, seven days a week. The first pair of walking shoes for your one-year-old. The tomato soup you shared with your sister at the cafe. These are the moments that make Nordstrom Nordstrom. Big or small, we're here for all of it. Celebrating 125 years with new moments still ahead. Discover it all in Nordstrom stores and at nordstrom.com. A last-minute reprieve in the U.S.-Canada trade war. President Trump is pausing, new 50% tariffs on Canadian goods for three days, just hours before they were set to kick in at midnight, saying the two countries have a deal. Canadian Prime Minister Mark Carney striking a more cautious tone, saying substantial progress has been made, but that work still remains. The tariffs would have hit around $20 billion worth of imports, with sectors like lumber, dairy and wine particularly exposed. The two leaders, spoke on Thursday, their second call this week, with negotiators locked in weeks of intense calls. On the table, auto tariff cuts, market access, and a surprise Trump suggestion that the Keystone XL pipeline could be revived. As economic relations between the U.S. and Canada chill, global bond markets are reaching new highs as fiscal deficits balloon. U.S. 30-year Treasury yields reached levels last seen in 2007 on Tuesday, as the Federal Reserve grapples with inflation above its 2% target, and the Middle East conflict sends oil prices higher. And it's not just in the U.S. Japan's 10-year bond yield hit a 30-year high, Germany's reached its highest since 2011, and French yields topped post-2008 levels. Higher yields mean higher borrowing costs for mortgages, business loans and government debt, complicating policies, as the U.S. public debt nears $40 trillion. Don't forget to catch our sister podcast, Morning Bid, for all your markets news, available wherever you get your podcasts. While the Trump administration's global trade war has stressed the U.S. economy over the last year, a majority of Americans believe President Donald Trump and his family have improperly profited from cryptocurrency since returning to power, and nearly 7 in 10 say that his, are being influenced by his private business dealings. That's according to a new Reuters-Ipsos poll. And it's not just Democrats. About half of Republicans feel that way too. Last year, Trump and his family generated more than $1.4 billion in profits from cryptocurrency ventures. Our data reporter Jason Lang says, with control of Congress on the line in November's midterm elections, the poll points to a potential political vulnerability for Republicans, but it's not just Republicans. This poll shows one more factor that could be weighing on Republicans. And particularly important here with regard to the midterms, independent voters have a view of, a critical view on Trump making money from his business ventures while in office. You also have indications that this could be rubbing off on the Republicans. A lot of people see both parties as corrupt, but that view appears to be a little more intense when it comes to Republicans. Disney is suing the Federal Communications Commission, claiming the Trump administration is reviewing its broadcast licenses to punish ABC over its news coverage. The Trump administration's ordered an early review of eight ABC stations in the last two years. The first time that this has been done in more than 50 years, after Trump repeatedly called for the network to lose its licenses. And as our reporter David Shepardson explains, Disney is going on the offensive over what it calls retaliation and an assault on free speech. So they've gone to court first, seeking an order from a judge to say, hey, this process has got to stop. It's unprecedented. It's clearly designed to punish ABC for its broadcasts. It's clearly designed to punish ABC for its broadcasting choices, which are protected under the First Amendment, rather than wait for the FCC to make the case about why Disney is not in compliance with its public interest obligations. I think it's going to tee up one of the big, big battles of the administration on what are the rights of the FCC to enforce this public interest standard for using the public airwaves, and what are the rights of broadcasters to air content freely under the First Amendment? The Trump administration says Disney is trying to disrupt an ongoing investigation into the company's DEI hiring practices. The White House has not commented on Disney's claims that this is politically motivated. It's clear that this is a big priority of President Trump. You know, he is constantly railing against what he views as unfair media coverage. And it's worth noting, Brennan Carr, the FCC chair, he thinks the media is skewed against President Trump. He thinks the coverage is unfair. He has been open about his idea that part of this is trying to restore balance and fairness to the media that he thinks the broadcast networks have not done. Meanwhile, President Trump has picked White House policy aide and physician Heidi Overton to be the next FDA commissioner. She'll be taking over an agency that has lost more than 3,000 staff since he took office and has been without a permanent chief since Marty Macri resigned in May. This episode is brought to you by Nordstrom. For 125 years, Nordstrom has been part of your story. The stylist who found the perfect outfit for your big interview. These are the moments that make Nordstrom, Nordstrom. To the primaries now, and a big upset in Florida. Democratic Socialist Angie Nixon has won the Democratic Senate primary. She's defeated former National Security Official Alex Vindman, the retired Army officer who became famous testifying against Trump in his first impeachment, despite being outspent 16 to 1. Nixon will now have a chance to win. He'll face Republican Senator Ashley Moody in November, though analysts say Moody is the favorite. A tense moment caught on camera by Reuters, as Palestinian-American citizen Ludi Reedy from Ohio confronts one of the Israeli settlers harassing his family home in the occupied West Bank village of Kusra. Reedy traveled from the U.S. to Tel Aviv on Monday before driving to Kusra, where he was born. Jewish settlers have encircled three Palestinian homes there since August 9th. Reedy says he saw settlers outside his home through a remote security camera and through footage sent by his family. Well, my brother was under siege. Now I'm declaring it, I'm under siege too. So we're on the same boat right now. The incident has prompted U.S. condemnation, and a deployment of Israeli soldiers, who the military says are there to try and rein in the settlers and maintain security for residents. On arrival, Reedy raised an American flag over his home, saying it's a warning to the settlers and to Israeli troops that an American lives there. The message to the U.S. embassy, to the U.S. officials, that I've been seeking for help, I've been saying that I feel for my life, I feel for my family's life. I need. I need help, I need protection. And that's why I have it here. The Israeli military did not immediately respond to a request for comment. In Spain's North African enclave of Ceuta, women who crossed during a mass migrant influx earlier this month say life outside an overcrowded migrant reception center is marked by fear, insecurity and repeated harassment. More than a dozen women are camped on a roadside near the government-run reception facility. There is a lot of guys, they try to catch you, to go. away from the other people for maybe for yeah the bad stuff for sex for you know so they're trying to to attack the girls you know every time every night wafai atid a 28 year old moroccan migrant says women have limited access to private facilities and don't feel safe spain's largest police union says 15 sexual assaults of varying severity have been reported since july 30th though spanish authorities declined to confirm that figure for more on any of the stories from today as well as more analysis and news shaping our world check out reuters.com or the reuters app there's a link in the description to download it and start getting pure news straight from the source don't forget to follow us on your favorite podcast player if you're listening on a smart speaker just ask for the latest news from reuters seven days a week we'll be back tomorrow with our daily headline show