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US President Donald Trump is set to unveil fresh tariffs Saturday on major trading partners Canada, Mexico and China, threatening upheaval across supply chains from energy to autos and raising inflation concerns.Trump has promised to impose 25 percent tariffs on immediate neighbors Canada and Mexico, pointing to their failure to stop illegal immigration and the flow of fentanyl across US borders.He also vowed a 10 percent rate on imports from China, the world’s second biggest economy, charging that it had a role in producing the drug.The United States runs “big deficits” with all three countries too — and this is another issue the president has honed in on.But imposing sweeping tariffs on the three biggest US trading partners carries risks for Trump, who swept to victory in November’s election on the back of public dissatisfaction over costs of living.Higher import costs would likely “dampen consumer spending and business investment,” said EY chief economist Gregory Daco.He expects inflation would rise by 0.7 percentage points in the first quarter this year with the tariffs, before gradually easing.”Rising trade policy uncertainty will heighten financial market volatility and strain the private sector, despite the administration’s pro-business rhetoric,” he said.Trump’s supporters have downplayed fears that tariff hikes would fuel inflation, with some suggesting his policy plans involving tax cuts and deregulation could help fuel growth instead.- Ready to respond -Democrat lawmakers criticized Trump’s plans with Senate Minority Leader Chuck Schumer saying Friday: “I am concerned these new tariffs will further drive up costs for American consumers.”Canada and Mexico are major suppliers of US agricultural products, with imports totaling tens of billions of dollars from each country in a year.Tariffs would also hit the auto industry hard, with US light vehicle imports from Canada and Mexico in 2024 representing 22 percent of all vehicles sold in the country, said S&P Global Mobility.It added that automakers and suppliers also produce components throughout the region, meaning tariffs will likely increase costs for vehicles.”We should be focused on going hard against competitors who rig the game, like China, rather than attacking our allies,” Schumer said in a statement.Both Canada and Mexico have said they are prepared to respond if Trump acts on tariffs, raising the specter of an escalating conflict.But White House Press Secretary Karoline Leavitt on Friday dismissed concerns of a trade war.Canadian Prime Minister Justin Trudeau said Friday that Ottawa is ready with “a purposeful, forceful, but reasonable, immediate response.””It’s not what we want. But if he moves forward we will also act,” he said, referring to Trump.Mexican President Claudia Sheinbaum said her government would await any tariff announcement “with a cool head.””We have a plan A, plan B, plan C for whatever the US government decides,” she said, without giving details.- Lower oil tariff? -Hiking import taxes on crude oil from countries like Canada and Mexico could also bring “huge implications for US energy prices, especially in the US Midwest,” according to David Goldwyn and Joseph Webster of the Atlantic Council.Trump previously said he was considering an exemption for Canadian and Mexican oil imports, and on Friday added he was mulling a lower rate on oil.He told reporters: “I’m probably going to reduce the tariff a little bit on that.””We think we’re going to bring it down to 10 percent,” he added.Nearly 60 percent of US crude oil imports are from Canada, noted the Congressional Research Service.Canadian heavy oil is refined in the United States and regions dependent on it may lack a ready substitute.Canadian producers would bear some impact of tariffs but US refiners would also be hit with higher costs, said Tom Kloza of the Oil Price Information Service. This could bring gasoline price increases.

Six Americans detained in Venezuela were released Friday and returned to the United States with President Donald Trump’s special envoy, following his meeting with President Nicolas Maduro who called for a “new beginning” in ties with Washington.”We are wheels up and headed home with these 6 American citizens. They just spoke to @realDonaldTrump and they couldn’t stop thanking him,” Richard Grenell, an outspoken Trump ally who serves in a broad role as envoy for special missions, posted on X.The six men, who were not identified, were photographed smiling on a plane alongside Grenell.”Just been informed that we are bringing six hostages home from Venezuela. Thank you to Ric Grenell and my entire staff. Great job!” Trump posted on his Truth Social platform.Grenell had traveled to Caracas to demand that Maduro’s government accept the unconditional return of Venezuelans deported from the United States or face consequences.He and Maduro met at the Miraflores presidential palace in one of the first known meetings by the second Trump administration with a government it considers hostile.But Maduro — accused by Washington of stealing last year’s presidential election — stressed the meeting had “zero agenda” and that he sought a “new beginning in bilateral relations” with the United States, according to a statement from the government in Caracas.”We say to President Donald Trump: we have taken a first step. Hopefully it can be sustained, we want to sustain it,” Maduro said later during a speech.White House Press Secretary Karoline Leavitt said earlier that Grenell would demand Caracas allow repatriation flights for members of the Tren de Aragua — the Venezuelan criminal gang Trump has designated a terrorist group.”President Trump expects Nicolas Maduro to take back all of the Venezuelan criminals and gang members that have been exported to the United States, and to do so unequivocally and without condition,” Mauricio Claver-Carone, US special envoy for Latin America, said separately.”There will be consequences otherwise,” he told reporters, adding that Grenell was also demanding that “American hostages” being held in the South American country “need to be released — immediately, unequivocally.”- Open channels -Maduro was sworn in for a third presidential term on January 10 despite being accused of election fraud last July. The opposition and much of the international community considers rival Edmundo Gonzalez Urrutia the rightful winner.According to Caracas, the Maduro-Grenell meeting was held in “mutual respect” and various issues were discussed including migration and the “negative impact of economic sanctions.”The government statement also expressed Venezuela’s “willingness to maintain open diplomatic channels.”Claver-Carone said the talks did not imply any softening of the position on Maduro, whose previous term Washington had also considered illegitimate.Former US president Joe Biden’s administration had agreed to relax sanctions on oil as part of a deal for American prisoners and free elections.Venezuela freed 10 Americans in a swap. But Biden reimposed sanctions after Maduro did not follow through on democratic reforms.Maduro recently announced the capture of seven “mercenaries” and said two were US citizens — including a “senior FBI official.”The Foro Penal rights group said before Friday’s release that eight Americans were imprisoned in Venezuela, plus two people of unknown nationalities who had resided in the United States.- Top Trump priority -Trump has made the deportation of undocumented people in the United States paramount. During his campaign, he described immigrants as “poisoning the blood” of the nation.Since returning to the White House he has pressed countries to take back deportees — a top priority for Secretary of State Marco Rubio as he starts a five-nation tour of Latin America on Saturday.In his first week back in office, Trump vowed crushing tariffs on Colombia, a longstanding US ally, after its president called for more humane treatment of repatriated citizens.The Trump administration quickly ended protections from deportation for more than 600,000 Venezuelans living in the United States under a special status.The Biden administration had allowed them to stay due to fears for their safety if they return to Venezuela.Trump also signed a law making it easier to detain migrants who commit crimes, naming it after a nursing student murdered by an undocumented Venezuelan migrant who had been arrested but released twice.

A small jet with six people onboard crashed into a busy Philadelphia suburb Friday, officials said, showering wreckage over a wide areas and sparking blazes that caused extensive damage to homes and vehicles.The aircraft, which the Federal Aviation Administration said was a Learjet 55 executive aircraft, crashed around 2330 GMT into the densely-populated district of the city, packed with homes, shops and busy roads.It was bound for Springfield-Branson National Airport in Missouri, and had taken off from Northeast Philadelphia Airport, the FAA said in a statement confirming that it would investigate along with the National Transportation Safety Board.”We have no reports on the number of fatalities,” Philadelphia Mayor Cherelle Parker said at the scene, adding “several dwellings and vehicles were impacted.”Governor Josh Shapiro, who the mayor said was heading to the crash site, said he was “offering all resources as (emergency services) respond to the small private plane crash.” “We’ll continue to provide updates as more information is available.”The crash in the city on the US East Coast came just two days after a passenger jet and military helicopter collided off Washington’s Reagan National Airport, killing 67 people in the deadliest US air disaster in almost a quarter century.US President Donald Trump on Friday took to his Truth Social platform to say he was “sad” to see “more souls lost” in the Philadelphia tragedy, praising first responders and adding: “God Bless you all.”- ‘Major incident’ -The Learjet that crashed was an aircraft used to transport medical patients, according to flight tracking site FlightAware.Philadelphia’s Office of Emergency Management wrote on X that there was a “major incident” underway and that roads in the vicinity were closed, calling on the public to avoid the area.Dozens of first responders were on the scene outside Roosevelt Mall, a strip mall in Northeast Philadelphia with retailers and food outlets.The police and fire department did not respond to calls for comment.A major response by the FAA and NTSB was already underway in Washington to probe the cause of the deadly mid-air crash there, with no formal conclusions expected for at least several weeks.Investigators on Thursday found the helicopter’s black box after having already retrieved the cockpit voice and flight data recorder from the Bombardier jet operated by an American Airlines subsidiary.Forty-one victims have been pulled from the frigid Potomac River, and rescuers voiced confidence the other 26 would be retrieved in the operation to recover the passenger jet.”The NTSB will lead the investigation and will provide all updates,” the FAA said referring to the Philadelphia incident.

A South Carolina man convicted of murdering a high school friend was put to death by lethal injection on Friday in the first execution in the United States this year.Marion Bowman Jr, 44, was executed at a prison in Columbia, the capital of South Carolina, for the 2001 murder of 21-year-old Kandee Martin, the state’s Department of Corrections said.Martin’s body was placed in the trunk of her car, which was set on fire.Bowman, who was 20 at the time, acknowledged selling drugs to Martin but denied any involvement in her murder and professed his innocence in a final statement.”I did not kill Kandee Martin,” he said. “I’m innocent of the crimes I’m here to die for.”Bowman said if his death brings some relief to Martin’s family “then I guess it will have served a purpose.””I hope they find peace,” he said.Bowman also read a poem he had written which included the line “Did I take a last breath or sigh of relief?”Bowman had filed numerous appeals seeking to put off his execution, including a claim that the attorney who defended him at trial “held racist attitudes.”Bowman is Black. Martin was white.Bowman’s attorneys also argued that two witnesses who testified against him and received plea deals suffered from “credibility issues.”Bowman further sought to halt his execution because of the possibility of complications stemming from his size — he weighed nearly 400 pounds (180 kilograms).That would expose him to a “potentially torturous execution process,” his lawyers said.A judge rejected the appeal, saying Bowman could have opted for the electric chair or a firing squad.A journalist from the South Carolina Daily Gazette who witnessed the execution said it began at 6:04 pm with Bowman taking several deep breaths which subsided into shallower breaths.Bowman’s chest stopped moving at 6:06 pm and a doctor entered the execution chamber at 6:26 pm and pronounced him dead, the Daily Gazette reporter said.There were 25 executions in the United States last year. Three used the controversial method of suffocation by nitrogen gas, while the rest relied on lethal injection.Four more executions are scheduled over the next two weeks — two in Texas, one in Alabama and one in Florida.The death penalty has been abolished in 23 of the 50 US states, while three others — California, Oregon and Pennsylvania — have moratoriums in place.Three states that had paused executions — Arizona, Ohio and Tennessee — recently announced plans to resume them.President Donald Trump is a proponent of capital punishment and on his first day in the White House called for an expansion of its use “for the vilest crimes.”

Prior to this week’s fatal airplane crash in Washington, the US air traffic control (ATC) system was regarded as an understaffed operation beset with old and sometimes obsolete equipment.While the investigation into the collision between a regional passenger jet and a military Black Hawk helicopter remains at an early phase, the tragic end to the United States’ 16-year streak of no fatal commercial air crashes promises to keep the ATC’s issues in focus.A government auditor warned last year the Federal Aviation Administration’s (FAA) troubling record on technology upgrades risked leaving it overwhelmed amid rising demand.Turning things around “will be the work of many years and billions of dollars,” Kevin Walsh of the Government Accountability Office told a Senate panel.Longstanding troubles have led to periodic efforts to privatize US air traffic control — something conservatives were positioning for ahead of the second Trump administration.In December, the libertarian Cato Institute described the ATC system as “antiquated, mismanaged and… headed for a crisis,” arguing the ATC was ideal for privatization under White House advisor and tech billionaire Elon Musk’s push to slim down government.But Michael McCormick, a former FAA control tower manager, noted that privatization campaigns have previously failed because of opposition from established aviation interests.”This tragic accident is definitely going to put a spotlight on the national air traffic system and may finally result in a proper funding level so the system can be upgraded and maintained,” he said in an interview.McCormick credited newer technology with enabling the ATC system to shift from ground- to satellite-based infrastructure, facilitating the ability of controllers to transmit messages directly to planes without using a phone.- Staffing crunch -The agency’s staffing shortfall is a longstanding problem, McCormick added, due partly to the mandatory retirement age and periodic government shutdowns that have hit recruitment. These problems worsened during the pandemic, which temporarily halted training.A shortage of air traffic controllers became a major gripe when airlines began ramping up service amid a surge in travel demand from consumers eager to see the world after Covid-19 lockdowns.Busy hubs like New York City and Miami now have two-thirds or fewer of the number of needed air traffic controllers.In light of the shortage, the Federal Aviation Administration has waived minimum flight requirements at New York airports, allowing carriers to fly fewer flights while still retaining their takeoff and landing slots.The FAA has renewed this waiver — first granted in 2023 — through October 2025 in a sign the agency does not expect the air traffic controller labor crunch to ease this summer.Industry officials point to a FAA report which cited a staff shortage of about 3,000 controllers.There were around 10,800 air traffic controllers at the end of 2024. The agency hired more than 1,800 last year and has a goal of hiring 2,000 this year, the Department of Transportation said in December. Airlines for America, which represents major US carriers, has worked with the FAA and universities to expand controller training at more schools, expanding capacity beyond the FAA’s training center in Oklahoma City.Louisiana Tech University was recently approved by the agency to offer curricula. It will begin offering basic instruction this spring under its four-year undergraduate program. The FAA “really want us to get in the program,” said Matthew Montgomery, head of professional aviation at Louisiana Tech University. “They want more people in there to relieve the stresses.”

It’s a baffling irony that the culture-shifting Beyonce has won more Grammys than anyone, ever, but has yet to attain the holy grail that is winning for Album of the Year.At Sunday’s 67th edition of music’s top awards ceremony, the megastar has yet another chance to take home the prize — but in a packed field of no-skips albums, who will ultimately win the night’s top trophies is anyone’s guess.Here’s a guide to Sunday’s gala in Los Angeles:- Is it finally Beyonce’s year? – The Grammys have long faced criticism that they’re too white and too male.In recent years, the Recording Academy, which organizes the show, has made efforts to improve on that shortcoming, including by diversifying its voting membership.Those efforts seem to have yielded some progress: the past few galas have proven historic for women in the major, all-genre categories as well as in fields where they were routinely sidelined, like rock.But a stark truth remains: a Black woman has not won Album of the Year in this century.The last to do so was Lauryn Hill, in 1999. Before her, Whitney Houston won in 1994, and Natalie Cole in 1992.With her sprawling, ambitious “Cowboy Carter” that underscored the rich history of Black artists in country music, Beyonce is all but daring Grammy voters to snub her once again.One thing is for sure: Win or lose, Beyonce will dominate the headlines.- Wildfire relief for LA -This year’s Grammys ceremony takes place just weeks after deadly wildfires engulfed entire neighborhoods in Los Angeles, shattering the lives of thousands of residents including many in the music industry.But the Recording Academy decided the show must go on, although it will likely be a more muted affair than usual, with an extra emphasis on raising money for fire relief efforts.The fires have lent prominence to the Academy’s philanthropic arm MusiCares, which says it has already distributed several million dollars in emergency aid, and which will hold its annual fundraising pre-Grammy gala on Friday — sans red carpet.- Pop’s breakouts and heavyweights -It’s a pop star’s world and we’re just living in it: Chappell Roan, Sabrina Carpenter and Charli XCX have all enjoyed massive years that place them among Sunday’s top contenders.Roan and Carpenter in particular are among the favorites to take the prizes for best record and best song, which celebrates songwriting, as well as the coveted prize for best new artist.And perennial winner Billie Eilish is also a major name to beat in the top categories — the Grammys darling is just 23 but could win a record third Song of the Year trophy.Despite all of her accolades, Swift — who could win a fifth Album of the Year prize, which would break her own record — has somehow never won Song of the Year, despite receiving persistent praise for her songwriting skills.She’s lost seven times — and has the chance to finally end that streak.- A Beatles win? -The Grammys never disappoint with the head-scratchers: this year, the most puzzling nomination went to The Beatles — yes, those Beatles, the group that broke up more than 50 years ago.The Record of the Year nomination for “Now and Then” spotlighted the Recording Academy’s ongoing debate on how to handle artificial intelligence.An AI tool allowed for isolating John Lennon’s vocals from a poor quality demo tape, which were then added to contributions from living Beatles Ringo Starr and Paul McCartney, along with 1995 guitar recordings from the late George Harrison.The track is eligible for a Grammy because the AI was not generative, and the nomination could be a nod from the Academy to the future of production and recording.If The Beatles win — Grammy voters do love a legacy act — it would be their first time ever scoring that prize, after four failed attempts in their heyday.- Quincy Jones tribute -Sunday’s concert gala will include a salute to the singular Quincy Jones, who after Beyonce (32) and the conductor Georg Solti (31) is among the most awarded artists, with 28 career Grammys.The 91-year-old died in November after ruling the American music industry with a magic touch for well over half-a-century, working with everyone from Frank Sinatra to Michael Jackson.A jazz musician, composer and tastemaker, Jones’s studio chops and arranging prowess made him a star in his own right — and the Recording Academy is set to honor him as such.

Are the mainstream media “out of touch with Americans?”The opening question at a White House briefing Friday went to a political podcaster, the first outlet to occupy the coveted “new media” seat — and he took a potshot at the established press institutions long reviled by Donald Trump.The White House has been flooded with more than 10,000 applications for the seat, Press Secretary Karoline Leavitt said, after unveiling a new policy that allows podcasters, TikTokers and other content creators to apply for press credentials on a rotation basis.”We might have to make this room a little bit bigger,” Leavitt said at the briefing, granting the first question to Ruthless Podcast, which she described as one of the most influential podcasts in the United States.Ruthless Podcast host John Ashbrook — who occupied a seat at the front of the cramped briefing room — wasted no time, accusing traditional media of going after the Trump administration for deporting illegal immigrants.”Do you think they are out of touch with Americans demanding action on our border crisis?” Ashbrook asked in a deadpan tone. Leavitt was quick to reply: “The media certainly is out of touch.”This marks a new normal for press briefings at the White House, long the preserve of mainstream outlets that have grappled in recent years with declining public trust while podcasters gain a huge following.Trump has repeatedly criticized traditional media as the “enemy of the people.”During the election campaign last year, Trump sidestepped some major television networks, opting instead to speak to right-wing podcasters and internet personalities who appeared to promote his “Make America Great Again” (MAGA) political slogan.- ‘Sycophants’ -Leavitt, who at 27 is the youngest White House press secretary, has vowed to hold reporters accountable for what she said were “lies” about Trump.She said applications for the seat poured in from across the country, without saying how they will be selected or who its next occupant will be.In recent days, prominent MAGA supporters, including many accused of peddling conspiracy theories, have expressed interest online in applying for White House press credentials.In a rapidly evolving information ecosystem, Americans continue to register “record-low trust” in the mass media, a Gallup poll said last October.Media pundits say Americans, especially young people, have turned from traditional newspapers and television networks to consume their news from social media, podcasts and blogs.About one in five Americans -– many of them under 30 — say they regularly get news from influencers on social media, according to a study last November by the Pew Research Center.In the face of this changing dynamic, no one should object to opening up the White House briefing room to nontraditional outlets, media writer Tom Jones wrote for the nonprofit media institute Poynter.”The caveat, however is if the White House new spots are given to those who are merely Trump and MAGA sycophants who call themselves media just because they carry a microphone or a laptop,” Jones wrote.”If that’s the case, the idea of a ‘new media’ seat is counterproductive. In the end, these are press conferences, not pep rallies.”

A small private airplane crashed in northeast Philadelphia Friday, a top official said, with media showing images of a fireball that sparked blazes on the ground in the built-up neighborhood.The aircraft, which the Federal Aviation Administration said was a Learjet 55 executive aircraft with two people aboard, crashed around 2330 GMT into a densely-populated district of the city with homes, shops and busy roads. It was bound for Springfield-Branson National Airport in Missouri, and had taken off from Northeast Philadelphia Airport, the FAA said in a statement confirming that it would investigate along with the National Transportation Safety Board.US Transportation Secretary Sean Duffy meanwhile said there were “reportedly” six people aboard the plane.There was no immediate confirmation of casualties.”We are offering all resources as (emergency services) respond to the small private plane crash in Northeast Philly,” Pennsylvania governor Josh Shapiro wrote on X. “We’ll continue to provide updates as more information is available.”The crash in the east coast US city came just two days after a passenger jet and military helicopter collided off Washington’s Reagan National Airport, killing 67 people in the deadliest US air disaster in almost a quarter century.- ‘Major incident’ -The Learjet that crashed was an aircraft used to transport medical patients, according to flight tracking site FlightAware.Philadelphia’s Office of Emergency Management wrote on X that there was a “major incident” underway and that roads in the vicinity were closed, calling on the public to avoid the area.Dozens of first responders were on the scene outside Roosevelt Mall, a strip mall with retailers and food outlets.The police and fire department did not respond to calls for comment.”Major incident near Cottman and Bustelton Avenues in Northeast Philadelphia across from Roosevelt Mall. Roads closed in area including parts of Roosevelt Boulevard. Avoid area,” the city’s emergency management office wrote on X.

President Donald Trump will implement tariffs Saturday on the three largest US trading partners — Canada, Mexico and China — saying there was nothing they could do to forestall him while vowing further levies on various industries.Trump has reiterated his plans for 25 percent tariffs on imports from neighboring Canada and Mexico, saying they have failed to crack down on illegal migrants crossing the US border and on the flow of fentanyl.He also threatened a 10 percent duty for Chinese goods on the same day, similarly over the drug.White House spokeswoman Karoline Leavitt affirmed Friday the February 1 imposition of these tariffs.”Both Canada and Mexico have allowed an unprecedented invasion of illegal fentanyl that is killing American citizens, and also immigrants into our country,” she told reporters.She did not commit to exemptions on sectors, and rejected warnings that this would spark a trade war.Beyond the three countries, Trump told reporters in the Oval Office Friday that tariffs on oil and gas could arrive around February 18.”Eventually we’re going to put tariffs on chips, we’re going to put tariffs on oil and gas,” he said, without specifying which countries he would target.He also vowed to impose higher duties on steel and aluminum, and eventually copper imports.Washington was “absolutely” going to impose tariffs on the European Union in the future as well, Trump said, adding that the bloc “has treated us so terribly.”Canadian Prime Minister Justin Trudeau vowed Friday an “immediate response” if Trump acted, while Mexican President Claudia Sheinbaum said her government was in close contact with Trump’s administration.Trump has not specified tools he would use, though analysts suggest he could tap emergency economic powers, which allow the president to regulate imports during a national emergency.Beijing has rebuffed claims of its complicity in the deadly fentanyl trade. Close US ally Canada has countered that below one percent of undocumented migrants and fentanyl entering the United States comes through its northern border.Some analysts believe tariff threats are a bargaining chip to accelerate the renegotiation of the existing trade deal, known as USMCA, between the United States, Mexico and Canada.But tariff hikes on the trading partners would likely prove a major shock, shaking up supply chains.- Oil in focus -Asked if Saturday’s tariffs would include Canadian crude oil, Trump told reporters: “I’m probably going to reduce the tariff a little bit on that.””We think we’re going to bring it down to 10 percent,” he added, noting that upcoming tariffs would come on top of existing rates.Nearly 60 percent of US crude oil imports are from Canada, noted the Congressional Research Service.Canadian heavy oil is refined in the United States and regions dependent on it may lack a ready substitute.Canadian producers would bear the brunt of tariffs but US refiners would also be hit with higher costs, said Tom Kloza of the Oil Price Information Service. This could bring gasoline price increases.- Recession risks -Erica York of the Tax Foundation said the Canada, Mexico and China tariffs would shrink economic output by 0.4 percent and amount to “an average tax increase of more than $830 per US household in 2025.”Oxford Economics analysts warned that blanket tariffs and pushback could tip Canada and Mexico into recessions, adding that the United States also risks a shallow downturn.US merchandise imports from both countries largely enter duty free or with very low rates on average, said the Peterson Institute for International Economics.A tariff hike would likely shock industrial buyers and consumers.Trump is also mulling more tariffs on Chinese goods.Beijing has vowed to defend its “national interests,” and a foreign ministry spokeswoman previously warned that “there are no winners in a trade war.”During election campaigning, Trump raised the idea of levies of 60 percent or higher on Chinese imports.Isaac Boltansky of financial services firm BTIG expects “incremental tariff increases” on Chinese goods.”Our sense is that Trump will vacillate between carrots and sticks with China, with the ultimate goal being some sort of grand bargain before the end of his term,” he said in a note.

US prosecutors announced Friday that they have charged a former Federal Reserve advisor with spying on behalf of China while posing as a part-time lecturer at a local university. The Department of Justice (DOJ) said it had charged John Harold Rogers, a 63-year-old US national, with spying for Beijing while employed as a senior advisor at the Federal Reserve Board of Governors (FRB) Division of International Finance between 2010 and 2021.The indictment, unsealed Friday, said Rogers had leaked secret information from the Fed’s board and its powerful rate-setting committee.”The confidential information that Rogers allegedly shared with his Chinese co-conspirators, who worked for the intelligence and security apparatus of China and who posed as graduate students at a PRC university, is economically valuable when secret,” the DOJ said in a statement.The DOJ said that, since 2018, Rogers had “allegedly exploited his employment with the FRB by soliciting trade-secret information regarding proprietary economic data sets,” including deliberations on tariffs against China. “He passed that information electronically to his personal email account, in violation of FRB policy, or printed it prior to traveling to China, in preparation for meetings with his co-conspirators,” they added. When in China, Rogers then shared the information during secret meetings held in hotel rooms, while he pretended to teach classes at the University of Shandong.He was paid approximately $450,000 for part-time work as a professor at “a Chinese university,” the indictment alleges.Alongside this remuneration, the DOJ alleges co-conspirators of Rogers also provided him with gifts, paid for his airfare to China and his lodging and dining while he was there, and even offered “to arrange and pay for a beach vacation.” When confronted by FRB inspectors in 2020, “Rogers lied about his accessing and passage of sensitive information and his associations with his co-conspirators,” the DOJ said. The charges of conspiracy to commit economic espionage and making false statements carry maximum penalties of 15 years in prison and a $5 million fine, and five years in prison respectively, the DOJ said. “The Chinese Communist Party has expanded its economic espionage campaign to target U.S. government financial policies and trade secrets in an effort to undermine the U.S. and become the sole superpower,” FBI assistant director in charge David Sundberg said in a statement. “Today’s indictment represents the FBI’s unwavering commitment to protect U.S. national security interests and U.S. jobs and to bring to justice those who are willing to betray their country for personal gain,” he added.The DOJ said the data Rogers shared could allow China to manipulate US markets.”Gaining advance knowledge of U.S. economic policy, including advance knowledge of changes to the federal funds rate, could provide China with an advantage when selling or buying U.S. bonds or securities,” it said.