EU LISTS AMERICAN PRODUCTS THAT COULD FACE TARIFFS
BRUSSELS» The European Union on Friday published a list of U.S. products it plans to introduce duties on if the 28-nation bloc is not exempted from President Donald Trump’s steel and aluminum tariffs.
The list contains dozens of products including breakfast foods, kitchenware, clothing and footwear, washing machines, textiles, whiskey, motorcycles, boats and batteries.
They are worth about $3.4 billion in trade annually.
The EU’s executive commission, which negotiates trade matters on behalf of member countries, gave European industry stakeholders 10 days to object if they fear that any products targeted for “rebalancing” tariffs would hurt their business.
WSJ: Wells Fargo investigation broadens.
YORK» The Wall NEW Street Journal is reporting that a federal investigation into Wells Fargo has broadened beyond its retail banking unit to include its wealthmanagement division. The bank is still dealing with a scandal in which employees opened up millions of fake accounts without customer authorization.
Appeals court rolls back robocall rules.
A federal appeals court rolled back rules intended to deter irritating telemarketing robocalls, saying they were too broad.
The U.S. Court of Appeals for the District of Columbia said 2015 regulations from the Federal Communications Commission could wrongly classify every smartphone as an autodialing device subject to anti-robocall fines.
Factory output jumps in February.
WASHINGTON» U.S. factory output jumped last month, led by big gains in the production of cars, computers and furniture. The Federal Reserve says manufacturing output rebounded 1.2 percent in February, the most since October and following three months of weak or negative readings.
Job openings soar to 6.3 million.
WASHINGTON» U.S. employers sharply ramped up their demand for workers in January, advertising 6.3 million jobs at the end of the month, the most on records dating back 17 years. The Labor Department says the number of job openings soared 645,000 in January, the largest one-month increase in about 2½ years.