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Business
US, Mexico Reach Deal To Delay 25% Tariffs US, Mexico Reach Deal To Delay 25% Tariffs
US, Mexico Reach Deal To Delay 25% Tariffs Mexico and the US have reached an agreement to delay steep tariffs that were set to take effect on Tuesday, Feb. 4. Click here for a new, updated story: Proposed 25% US Tariff On Canadian Goods Will Be Paused After Earlier Deal With Mexico Mexican President Claudia Sheinbaum announced the deal Monday morning, Feb 3. It will pause the 25 percent levies for a month, and follows negotiations between Mexican officials and the Trump administration on border security and drug trafficking.  Mexico committed to deploy 10,000 troops dedicated to stopping illegal drugs and migrants from…

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by Joe Lombardi
Business
Arabica Coffee Prices Spike Amid Colombia-US Tariff Dustup Arabica Coffee Prices Spike Amid Colombia-US Tariff Dustup
Arabica Coffee Prices Spike Amid Colombia-US Tariff Dustup Prices of Arabica coffee hit record highs in the aftermath of threats of tariffs by both the United States and Colombia after a dispute involving migrant deportation flights. Arabica futures hit a record of $3.56 in the Intercontinental Exchange on Monday, Jan. 27, a day after the back-and-forth dustup a day earlier, according to The Wall Street Journal. The previous record of $3.48 was recorded in early December. The US imports about 30 percent of its coffee from Colombia. Colombia agreed to accept the flights after earlier turning back two planes. This prompted President Donald Trump to…

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by Joe Lombardi
News
Hours-Long Old Bridge Standoff Ends In Knife-Wielding Man's Arrest, Prosecutor Says Hours-Long Old Bridge Standoff Ends In Knife-Wielding Man's Arrest, Prosecutor Says
Hours-Long Old Bridge Standoff Ends In Knife-Wielding Man's Arrest, Prosecutor Says A 49-year-old man has been arrested after an hours-long standoff with police in Old Bridge, authorities said. Officers responding to reports of a disturbance were met by Giovanni Chiarappa, who was wielding a knife outside of a home on Pensacola Street around 6:30 a.m. Tuesday, July 9, Middlesex County Prosecutor Yolanda Ciccone and Old Bridge Police Chief Thomas J. Montagna said. Authorities tried to deescalate the situation, but Chiarappa had retreated into the home. After hours of negotiations with Chiarappa, the incident ended peacefully, and Chiarappa walked out of the home witho…

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by Cecilia Levine