Trump's trade deal with China takes effect Wednesday. What do Mass. business leaders think?


Trump's trade deal with China takes effect Wednesday. What do Mass. business leaders think?

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It's officially shark season in Massachusetts. Scientists have confirmed the year's first white shark sighting off Nantucket. While local shark numbers typically don't peak until the fall, the New England Aquarium is urging beachgoers to be "shark smart" as the weather warms up. (There's also an app for that.)

You can learn more about the sharks in our midst here. But first, the news:

Massa-truce-etts: The new U.S.-China deal to temporarily cut reciprocal tariffs and pause the trade war launched by President Trump takes effect today. The 90-day truce, which was first announced Monday, led stocks to rebound this week. But business leaders in Massachusetts are reacting with subdued applause. Brooke Thompson, the president of the state's largest business association, Associated Industries of Massachusetts, called the deal a "step in the right direction." But as she told WBUR's Cici Yongshi Yu, " it does little to resolve the long-term uncertainty" that has caused an "erosion" in business confidence that is hurting the state's economy.

On Beacon Hill: Gov. Maura Healey proposed a new bill yesterday aimed at avoiding a repeat of this past winter's shockingly high utility bills. If passed by the State House, the governor says the slate of initiatives could collectively save Massachusetts ratepayers roughly $10 billion over the next 10 years. The proposal comes after Healey's energy cost executive actions in March, such as a $50 credit on electric bills.

It's official: Celtics star Jayson Tatum ruptured his right Achilles tendon Monday night, ending his season and potentially forcing him to miss much of next season, too. The team said the 27-year-old underwent surgery Tuesday: "No timetable is currently available for his return, but he is expected to make a full recovery."

P.S. -- WBUR contributor Elissa Ely, who you may remember from The Remembrance Project, is hosting two local storytelling events this weekend: Saturday in Arlington and Sunday in Concord. She'll share vignettes on the themes of "Kindness, Sadness, and Steadfastness." Both events are free to attend.

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