Trump Announces Another 10% Tariff on China

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Here's your midday brief for Thursday, February 27th. I'm Alex Osola for The Wall Street Journal. President Trump has announced an additional 10% tariff on imports from China over its role in the fentanyl trade. The move doubles up on the previous 10% of additional tariffs the president placed on Chinese products earlier this month. The new tariffs are set to go into effect on Tuesday.

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In a post today on his Truth Social platform, Trump also reinforced his threat to impose 25% tariffs on products from Canada and Mexico. Amazons Cloud Computing Business unveiled its first ever quantum computing chip today.

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The company says that the chip, called Ocelot, can lower the costs of reducing quantum computing errors by up to 90%, and it marks an important step in the development of useful, reliable quantum computers. Amazon Web Services Announcement comes just a week after Microsoft claimed a quantum computing breakthrough by creating a new state of matter.

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And Google in December said its new chip, called Willow, marks an advance in solving quantum's error correction issues. And the World Health Organization has said that a fast-spreading mystery illness is killing scores of people in the Democratic Republic of Congo. The disease is linked to bats, though experts are still figuring out how it's transmitted.