Global shares advance … Trump could announce tariffs today … Trump to discuss gun violence with video game industry
BANGKOK (AP) – Share prices rose in Europe and Asia today after China reported its exports surged nearly 45 percent in February from a year earlier. In early trading, Germany’s DAX slipped 0.1 percent, but the CAC 40 of France edged 0.1 percent higher. Britain’s FTSE was flat. Wall Street futures signal that the S&P 500 could open flat and the Dow is expected to open 0.1 percent lower.
WASHINGTON (AP) – President Donald Trump could announce tariffs on aluminum and steel imports this afternoon. But the White House says Mexico, Canada and other countries may be spared such tariffs under national security “carve-outs.” Press secretary Sarah Huckabee Sanders says the exemptions would be made on a “case by case” and “country by country” basis. The tariffs are expected to be 25 percent on imported steel and 10 percent on aluminum.
WASHINGTON (AP) – President Donald Trump is meeting with video game industry representatives today as he considers responses to gun violence after the deadly Florida school shooting. The White House says attendees at the meeting include the Entertainment Software Association, the Entertainment Software Rating Board and the Parents Television Council. Also attending are the Media Research Center, a video game distributor, a software company and the author of a book linking violent video games to mass killings.
ATLANTA (AP) – Facebook is investing $750 million over the next five years to build a huge data center outside of Atlanta. Gov. Nathan Deal says the social media giant’s 9th U.S. data center will be built in Newton County, about 45 miles east of downtown Atlanta. The center, comprised of two buildings occupying about 970,000 square feet, will be powered exclusively with renewable energy. It’s expected to create more than 100 full-time jobs and be fully operational in 2020.
NEW YORK (AP) – Coca-Cola may be getting into the booze business again by developing a bubbly alcoholic drink in Japan. The soft drink maker says it’s experimenting with a canned beverage that would be a mix of sparkling water and an alcoholic Japanese drink. Coca-Cola Co. sold wine about 40 years ago, but got out of that business in 1983. Last year, it launched a line of fruity alcohol mixers in Spain.