Posts tagged as “Galveston County’”

Trump Administration Launches Trade Investigations into Over a Dozen Countries Amid Potential New Tariffs
March 11, 2026 |
Financial, Politics and World
The Trump administration has launched multiple trade investigations into over a dozen countries, including the EU, China, and Mexico, focusing on "structural excess capacity" in manufacturing that may harm U.S. wages and market access. These probes, conducted under Section 301 of the Trade Act, aim to determine whether new tariffs should be imposed before the current global 10% tariff expires in July, with potential increases to 15% also under consideration. Additionally, separate investigations will target forced labor compliance in about 60 countries, raising concerns among U.S. trading partners and threatening recent trade agreements.
US Inflation Steady at 2.4% in February as Iran Conflict Sparks Surge in Energy Prices and Economic Uncertainty
March 11, 2026 |
Financial, US and World
Inflation in the United States remained steady in February, with the Consumer Price Index rising 2.4% annually, slightly below expectations, before the recent surge in oil prices caused by the Iran conflict. The war has sharply increased gasoline prices and disrupted global oil supply via the Strait of Hormuz, raising concerns that energy cost spikes could reverse progress in controlling inflation. As the Federal Reserve prepares for its March interest rate decision, economic uncertainties—including weakening job growth and inflation risks—have led analysts to anticipate a cautious approach amid heightened uncertainty.
US Military Investigation Links Outdated Intelligence to Deadly Missile Strike on Iranian Elementary School Amid Ongoing US-Israel Offensive
March 11, 2026 |
Crime, US and World
An internal U.S. military investigation preliminarily found that outdated intelligence led to a missile strike on an elementary school in Iran, killing over 170 civilians, mostly children, during a coordinated U.S.-Israeli operation. The strike mistakenly targeted the school, which had been inaccurately identified as a military site based on old intelligence, with evidence pointing to an American Tomahawk missile. Meanwhile, Iran retaliated with attacks killing six U.S. Army Reserve soldiers in Kuwait, escalating the ongoing conflict that the U.S. administration expects to continue for several weeks.