Today is Thursday, August 7th. We'll tell you about historic new tariffs now in effect and which specific industries the White House is targeting next. Also, President Trump is threatening to take over a major city. We'll tell you about the incident that may inspire some big changes. Plus, what caused United flights to be grounded for hours yesterday? Why MRNA vaccine research is being scrapped and how history is about to be made

in Major League Baseball.

Those stories and even more news to know next.

Welcome, welcome to The Newsworthy, all the day's news in around 10 minutes.

Fast, fair, fun, and on the go.

I'm Erica Mandy.

Thanks so much for being here. You ready? Let's do this.

New tariffs on more than 90 American trading partners took effect overnight. Together, this has sent

the average effective U.S. tariff rate to 17 percent, the highest level in nearly a century.

They will impact everything from appliances

made in Europe, cars made in Japan, toys made in China, TVs from South Korea, food from Mexico,

and much more. As we told you last week, President Trump announced all the new country-specific

rates in a series of executive orders. The president has said these tariffs will help reset

unfair trade

relationships, bring in more money for the U.S. government, inspire more American manufacturing,

and so on. But many economists and businesses say they'll also cause more inflation, both here

in the U.S. and abroad. For example, Yale's budget lab says the tariffs will end up costing a typical

American household on average $2,400 this year.

And President Trump says more tariffs are coming soon, for example, on semiconductor chips and

pharmaceutical imports. Remember, tariffs have been imposed on other goods like steel and copper already.

Besides specific industries, President Trump has also shown he's willing to target certain countries

based on issues unrelated to trade. For example, Trump hiked India's tariff rate to 50% over the country

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