* **Deadly Tour-Boat Accident:** At least 13 people are dead and six are still missing after a boat capsized in Missouri Thursday night. Seven of the victims were children. The company that owns the duck boat alleges a storm was unexpected, and the accident is a first in 40 years of business. Read more at [CBS.](https://www.cbsnews.com/news/branson-duck-boat-accident-capsizes-sinks-table-rock-lake-missouri-2018-07-20/) * **Tornado Ravages Iowa:** A tornado swept through three Iowa towns on Thursday, leaving at least 17 people injured. Residents say they had only minutes to get to safety. Read the details at [NBC](https://www.nbcnews.com/news/us-news/tornadoes-hit-iowa-injuring-17-damaging-buildings-n893046). * **Putin at the White House?** The Russian ambassador is seriously considering President Trump's invitation to host Vladimir Putin in the fall. The invitation comes days after Trump suffered widespread criticism for his remarks at a joint meeting with his Russian counterpart earlier this week. Read more at [CNN](https://www.cnn.com/2018/07/20/politics/president-trump-putin-visit-washington-white-house/index.html). * **Comic-Con is On:** The major convention kicked off to a great start Thursday and will feature several panels, including one from post-apocalypse series "The Walking Dead." Expect the usual otherworldly costumes from fans. Read the latest on [Entertainment Weekly.](http://ew.com/news/2018/07/19/comic-con-2018-day-1-recap/) * **British Open in Full Swing:** Friday marks day two of the British Open. As of close of play Thursday, U.S. player Kevin Kisner was in the lead, but compatriot Zach Johnson may dethrone him during Friday's round. Get live updates on [Golf.](http://www.golf.com/tour-news/2018/07/20/british-open-live-blog-tiger-woods-round-2) Cheddar's Nora Ali breaks down the details. Subscribe to the Need2Know newsletter [here](https://theneed2know.com/).

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Trump suggests canceling Xi meeting and threatens more tariffs after China restricts key exports
President Donald Trump says “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths needed for American industry. The Republican president suggested Friday he was looking at a “massive increase” of import taxes on Chinese products in response to Xi’s moves. Trump says one of the policies the U.S. is calculating is "a massive increase of Tariffs on Chinese products coming into the United States." A monthslong calm on Wall Street was shattered, with U.S. stocks falling on the news. The Chinese Embassy in Washington hasn't responded to an Associated Press request for comment.
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