Economic Indicators

Business Highlights

___ Trade war escalates as China announces tariffs on US imports BEIJING (AP) — China announces retaliatory tax increases on $60 billion worth of U.S. imports, including coffee, honey and industrial chemicals.

Canadian marijuana imports OK'd by US for California study

In a rare move, the U.S. government has approved the importation of marijuana extracts from Canada for a clinical trial, highlighting a new avenue for American researchers who have long had trouble obtaining the drug for medical studies.

EU optimistic about Brexit border compromise

A top European Union official says Britain and the EU could yet fail to reach an agreement on the terms of their divorce, just six months before the U.K. is due to leave the bloc.