Here is the latest Iowa news from The Associated Press at 3:40 a.m. CDT

WASHINGTON (AP) — Most economists agree that the tariffs the United States and China are preparing to slap on each other’s goods would slow growth, raise prices and force companies to scramble to replace the Chinese suppliers they now rely on. For now, optimists are clinging to tentative signals from the Trump administration that it’s prepared to negotiate with Beijing and avert a trade war. But the risks appear to be rising.

DES MOINES, Iowa (AP) — Records show that Iowa Finance Authority Director David Jamison sought to arrange a friendly get-together with longtime ally Gov. Kim Reynolds days before she fired him for alleged sexual harassment. The documents underscore how swiftly Reynolds acted to terminate Jamison, with whom she’d had a working relationship dating back two decades, once her staff learned of the allegations.

DES MOINES, Iowa (AP) — Iowa ethanol and biodiesel producers are warning President Donald Trump that imposing restrictions on biofuels production “would be viewed as a declaration of war on rural America.” The Iowa Renewable Fuels Association, representing refineries in the nation’s largest biofuels producing state, called on Senators Charles Grassley and Joni Ernst on Friday to reach out to Trump.

NASHUA, Iowa (AP) — Police arrested a Miami man in northeast Iowa after a high-speed chase and then learned he faces a murder charge in Florida. The Iowa State Patrol says a trooper tried to stop a speeding vehicle Thursday morning near Nashua. The vehicle fled at speeds up to 100 mph but finally stopped when its tires were deflated. Police arrested the driver, 21-year-old Devon Cooke, on numerous. Authorities also determined he was wanted on a 2nd degree murder charge in Dade County, Florida.