These are the headlines you Need2Know: * **Possible Remains of U.S. Servicemen Killed in Korean War Arrive Home:** Vice President Mike Pence oversaw a ceremony Wednesday in Hawaii as the possible remains of 55 soldiers killed during the Korean War were repatriated. It could take years to identify the soldiers: there was only a single set of dog-tags among the remains, which were mostly just bones. The return of the remains was the result of a promise North Korea's Kim Jong-un made to President Trump at their summit meeting in Singapore in June. * **Trump Considering More U.S. Tariffs:** President Trump has threatened to more than double tariffs on $200 billion worth of Chinese goods. Advisers reportedly told the President the increased tariffs would make Beijing more likely to negotiate on trade. But a Chinese official said they won’t respond to U.S. “blackmail.” For more, [click here](https://www.usatoday.com/story/news/politics/2018/08/01/donald-trump-threatens-more-than-double-china-trade-tariffs/882232002/). * **Wildfires Burn California Towns and Government Pockets:** As wildfires wreak havoc throughout Northern California, Governor Jerry Brown warned residents that these destructive fires are "the new normal." It will cost the state nearly $125 million to battle more than two dozen fires ragingーthat's more than a quarter of the state's annual firefighting budget. There’s also concern about the air quality beyond the areas of the fires. For more on the story, check out the [LA Times](http://www.latimes.com/local/lanow/la-me-ln-california-fires-20180801-story.html). * **Ohio State Coach Urban Meyer Put on Paid Leave:** With the football season set to begin soon, the university put its coach on paid administrative leave as it investigates what he knew about an alleged domestic violence incident involving Zach Smith, one of Meyer's former assistant coaches. Smith's wife Courtney spoke to Stadium. Watch her interview [here](https://twitter.com/WatchStadium/status/1024690700217200640). * **The United States of Tweeting:** The special counsel Robert Mueller plans to further investigate possible obstruction of justice in regards to President Trump's tweets. Trump called for Attorney General Jeff Sessions to end Mueller's investigation into possible collusion with Russia during the 2016 presidential campaign. Rudy Giuliani, the president's lawyer, said on Wednesday, “we believe that the investigation should be brought to a close.” [Here](https://www.washingtonpost.com/news/the-fix/wp/2018/08/01/mueller-is-looking-at-trumps-tweets-for-obstruction-of-justice-and-trump-just-handed-him-more-potential-evidence/?utm_term=.c4eac57270cb) are some of Trump's tweets. Cheddar's Hena Doba gets into the latest. Subscribe to the Need2Know newsletter [here](https://theneed2know.com).

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Microsoft hikes Xbox prices worldwide on tariff uncertainty
Amid a backdrop of ongoing tariff uncertainty, more and more gamers are facing price hikes. Microsoft raised recommended retailer pricing for its Xbox consoles and controllers around the world this week. Its Xbox Series S, for example, now starts at $379.99 in the U.S. — up $80 from the $299.99 price tag that debuted in 2020. And its more powerful Xbox Series X will be $599.99 going forward, a $100 jump from its previous $499.99 listing. The tech giant didn’t mention tariffs specifically, but cited wider “market conditions and the rising cost of development.” Beyond the U.S., Microsoft also laid out Xbox price adjustments for Europe, the U.K. and Australia. The company said all other countries would also receive updates locally.
Apple posts stronger-than-expected Q2 results
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
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