Republican senator faces critical re-election battle in state where president’s trade war has outraged voters

Donald Trump dropped some of the US’s tariffs on Canada on Friday to “better serve the public interest” the White House said, handing a win to Susan Collins, the embattled Republican senator for Maine, as she faces a tight re-election campaign that will help determine whether Democrats can flip control of Congress.

Collins announced that the exemptions would apply to nine agricultural products, including blueberries, potatoes, apples and seaweed. She added that many of the state’s farmers rely on specialized equipment and materials from across the border that are “unavailable from American suppliers or cannot be replaced without incurring significant expense”.

Scott Kirby says wealth inequality is a ‘danger to society’ and calls for inheritance tax in recent interview

Scott Kirby, the CEO of United Airlines, is under scrutiny from conservative politicians and commentators for saying wealth inequality is a “danger to society” and calling for a national wealth and inheritance tax in a recent interview.

Talking to the New York Times, Kirby was asked about the growing public distrust of CEOs and whether he felt any responsibility to quell that distrust.

Final inflation report before voters go to polls comes amid widespread anger over cost of living under Trump

• Send us your questions on how the US economy is shaping the midterm elections

Republicans are entering the midterm elections with the highest rate of inflation since the spring, according to a government report released on Wednesday.

US price increases reached an annual rate of 3.7% in September, according to the latest data from the Bureau of Labor Statistics, up from 3.4% in August. This final inflation report before the pivotal midterm elections comes amid polls showing widespread dissatisfaction with the Trump administration over the cost of living.

US president renews his efforts to oust Cook despite supreme court ruling that her firing was unconstitutional

Donald Trump announced on Friday that he is establishing a committee to investigate Lisa Cook, the US Federal Reserve governor, over allegations that she committed mortgage fraud, renewing his efforts to oust her despite a June supreme court ruling that her earlier firing was unconstitutional.

Trump said a committee will consult with justice department officials to decide whether there is “cause” for her removal. The White House will hold an in-person hearing on 5 November to consider the allegations against Cook, which will be closed to the public but transcribed and published. Cook will be able to submit a written statement to present her own evidence and will be subject to examination from White House and her own legal counsel.