Hurricane Dorian strikes, new tariffs increase costs

Publishing every Friday,

Catherine Jackson and Renee Watters

Publishing every Friday, "The Top 2" recaps the two most notable and important stories from the week (Saturday-Thursday). Assistant Editor Ryan Stanley covers topics ranging from issues in the U.S. to problems worldwide. For more information on stories, refer to the embedded links within the article.

Ryan Stanley, Assistant Editor

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1. Hurricane Dorian swept across The Bahamas for almost two days and left catastrophic destruction in its wake. As of now, the death toll stands at 30, but is expected to rise. The storm stalled over The Bahamas as a Category 5 hurricane with wind speeds of 185 mph, which decimated approximately 13,000 homes. Flooding and disorder remain as Hurricane Dorian moves up the Eastern Seaboard causing more damage in the Carolinas.

Why this matters 

Preliminary estimates of the damage throughout The Bahamas reached $7 billion. Survivors are running out of food, water, and other supplies. There are still at least 200 people missing and thousands without homes. Prime Minister of The Bahamas, Dr. Hubert A. Minnis regarded the crises as a “historic tragedy.” To learn how to help, click here.

2. The United States hit China with a fourth round of tariffs with a 15 percent duty on $112 billion of Chinese goods. China responded with tariffs ranging from 5 to 25 percent on $75 billion of U.S. goods. President Trump accuses China of unfair trading practices, while China claims the U.S. aims to slow their growth. Next month, Liu He, a Chinese economic official, will meet in Washington to continue trade talks.

Why this matters

The trade war will cost the average family $460 more per year. Since tariffs began in 2018, market volatility has increased, with manufacturing jobs facing the worst effects.  Tariffs are set to increase again in December, which may intensify instability within the economy.

Editor’s note: Hurricane Dorian is still a developing story. Numbers stated in this article may be subject to change.