Trump addresses Qatari jet gift
In an interview with Fox News' Sean Hannity, President Donald Trump addressed his plan to accept a jet worth hundreds of millions of dollars as a gift from the Qatari royal family.
00:53 - Source: CNN
New book reveals 'shocking' claim that Biden didn't recognize Clooney
President Joe Biden did not recognize George Clooney when he arrived for a record-breaking June 2024 fundraiser the movie star was co-hosting, according to a forthcoming book from CNN's Jake Tapper and Axios' Alex Thompson.
01:06 - Source: CNN
Syrians react after Trump says he plans to lift sanctions
President Donald Trump announced he plans to lift sanctions on Syria during a speech in Saudi Arabia citing the fall of the Assad regime as grounds for the release of pressure on the country. Syrians spared little time before celebrating.
00:51 - Source: CNN
Erin Burnett's whiteboard: The rising cost of your YETI bottle
CNN's Erin Burnett uses her whiteboard to illustrate the rising cost of popular consumer goods like YETI products amidst President Donald Trump's ongoing negotiations with major global trade partners.
02:03 - Source: CNN
Trans Master Sgt. grieves losing military career
After a nearly two decade career in the military, Nick Wright says he will now be forced to discharge after the Supreme Court said that the Trump administration can begin immediately enforcing a ban on transgender service members in the military.
02:20 - Source: CNN
Trump meets with Saudi crown prince
President Donald Trump is in Riyadh visiting with the Saudi Crown Prince Mohammed bin Salman on his first international trip of his second term. CNN's Kaitlan Collins explains what Trump is hoping to accomplish.
01:07 - Source: CNN
Trump defends plan to accept jet from Qatar
President Trump defended a plan to accept a luxury jet from the Qatari royal family that will be retrofitted and used as Air Force One during the president's second term. Ethics experts have raised concerns about the potential move and questioned whether accepting the plane will violate the Constitution's Emoluments Clause.
01:02 - Source: CNN
Trump makes Middle East a priority with Gulf trip
President Trump has arrived in the Gulf for a three-day trip that will see him visit Saudi Arabia, Qatar and the United Arab Emirates. Choosing the region as his first major trip as president sends a strong message about not only his priorities but also his foreign policy. CNN's Becky Anderson looks at three reasons why the region is important to him.
01:42 - Source: CNN
Honig: Trump's birthright order 'doomed to fail'
President Donald Trump's efforts to end birthright citizenship are the most serious challenge to the 14th Amendment in a long time. CNN senior legal analyst Elie Honig explains why he thinks the Supreme Court is unlikely to side with Trump.
01:08 - Source: CNN
ICE arrest sparks chaos as crowd tried to intervene
A chaotic scene unfolded in Worcester, Massachusetts, as onlookers attempted to intervene in an ICE raid, leading to the additional arrest of a 16-year-old teenager and another woman who was charged with assault and battery on a police officer.
01:35 - Source: CNN
Trump's 'unprecedented' trade deal
Just days ago, a de-escalation between the US and China seemed completely impossible. CNN's Phil Mattingly explains how the two countries got to the negotiating table and what it tells us about President Donald Trump's strategy moving forward.
01:32 - Source: CNN
Newark mayor responds to critics who say arrest was a publicity stunt
Newark, New Jersey Mayor Ras Baraka joins CNN's Kaitlan Collins to discuss his arrest at a federal immigration detention center, where he has been protesting against the ICE detention facility in his state.
01:30 - Source: CNN
Here's what's in the US-UK trade 'deal'
The Trump administration announced the framework of a trade agreement with the UK. More negotiations need to take place to hammer out details, but CNN's Vanessa Yurkevich breaks down what we do know about the deal.
01:20 - Source: CNN
Breaking down Trump's 'big beautiful bill'
CNN's Manu Ranju spoke with GOP representatives who say they're divided over President Donald Trump's proposed 'big beautiful bill' that aims to cut trillions more from the federal budget and overhaul Medicaid.
02:08 - Source: CNN
Trump calls election of American pope 'great honor'
President Donald Trump celebrated the news that Cardinal Robert Francis Prevost of Chicago was elected as Pope Leo XIV.
00:34 - Source: CNN
'I take responsibility': Biden addresses Trump's presidential win
Former President Joe Biden said he 'wasn't surprised' by Vice President Kamala Harris's 2024 election loss and admitted his administration failed to communicate some of their achievements during an interview on 'The View.'
00:55 - Source: CNN
Biden reacts to Pope Leo XIV's election
Former President Joe Biden tell CNN's Dana Bash that he's pleased to see Pope Leo XIV making history as the first American pope.
00:32 - Source: CNN
First cargo ships facing 145% tariffs arrive in LA
Ships now pulling into LA's harbor from China are the first to be subject to massive tariffs. Shipments have dropped by 50%. CNN's Nick Watt is on the ground at the port of Los Angeles.
01:00 - Source: CNN
Transgender Navy veteran reacts to military ban
A transgender US Navy veteran responds to the Supreme Court's decision that President Trump's ban on transgender troops serving in the military is effective immediately. Abby Phillip and the CNN NewsNight panel react.
01:56 - Source: CNN
Trump urges India-Pakistan attacks to 'stop'
President Donald Trump emphasized to reporters that the US 'gets along with both countries very well,' when asked about the deadly eruption of fighting between India and Pakistan.
00:27 - Source: CNN
Carney says he asked Trump to stop '51st State' threats
Canadian Prime Minister Mark Carney told reporters following his meeting with President Trump at the White House he asked Trump to stop threatening to annex Canada. During the meeting, Carney told Trump in the Oval Office that Canada 'won't be for sale ever.'
01:04 - Source: CNN
Trump supporters on third term
Comedians Davram Stiefler and Jason Selvig regularly attend Trump rallies, speaking with the President's supporters for their podcast, 'The Good Liars Tell the Truth.' They tell CNN's Laura Coates there was 'constant forgiveness for anything' that President Trump does, including a possible third term.
01:31 - Source: CNN
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Yahoo
9 minutes ago
- Yahoo
US-EU trade deal wards off further escalation but will raise costs for companies, consumers
FRANKFURT, Germany (AP) — President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal that imposes 15% tariffs on most European goods, warding off Trump's threat of a 30% rate if no deal had been reached by Aug. 1. The tariffs, or import taxes, paid when Americans buy European products could raise prices for U.S. consumers and dent profits for European companies and their partners who bring goods into the country. Here are some things to know about the trade deal between the United States and the European Union: What's in the agreement? Trump and von der Leyen's announcement, made during Trump's visit to one of his golf courses in Scotland, leaves many details to be filled in. The headline figure is a 15% tariff rate on 'the vast majority' of European goods brought into the U.S., including cars, computer chips and pharmaceuticals. It's lower than the 20% Trump initially proposed, and lower than his threats of 50% and then 30%. Von der Leyen said the two sides agreed on zero tariffs on both sides for a range of 'strategic' goods: Aircraft and aircraft parts, certain chemicals, semiconductor equipment, certain agricultural products, and some natural resources and critical raw materials. Specifics were lacking. She said the two sides 'would keep working' to add more products to the list. Additionally, the EU side would purchase what Trump said was $750 billion (638 billion euros) worth of natural gas, oil and nuclear fuel to replace Russian energy supplies, and Europeans would invest an additional $600 billion (511 billion euros) in the U.S. What's not in the deal? Trump said the 50% U.S. tariff on imported steel would remain; von der Leyen said the two sides agreed to further negotiations to fight a global steel glut, reduce tariffs and establish import quotas — that is, set amounts that can be imported, often at a lower rate. Trump said pharmaceuticals were not included in the deal. Von der Leyen said the pharmaceuticals issue was 'on a separate sheet of paper' from Sunday's deal. Where the $600 billion for additional investment would come from was not specified. And von der Leyen said that when it came to farm products, the EU side made clear that 'there were tariffs that could not be lowered,' without specifying which products. What's the impact? The 15% rate removes Trump's threat of a 30% tariff. It's still much higher than the average tariff before Trump came into office of around 1%, and higher than Trump's minimum 10% baseline tariff. Higher tariffs, or import taxes, on European goods mean sellers in the U.S. would have to either increase prices for consumers — risking loss of market share — or swallow the added cost in terms of lower profits. The higher tariffs are expected to hurt export earnings for European firms and slow the economy. The 10% baseline applied while the deal was negotiated was already sufficiently high to make the European Union's executive commission cut its growth forecast for this year from 1.3% to 0.9%. Von der Leyen said the 15% rate was 'the best we could do' and credited the deal with maintaining access to the U.S. market and providing 'stability and predictability for companies on both sides.' What is some of the reaction to the deal? German Chancellor Friedrich Merz welcomed the deal which avoided 'an unnecessary escalation in transatlantic trade relations" and said that 'we were able to preserve our core interests,' while adding that 'I would have very much wished for further relief in transatlantic trade.' The Federation of German Industries was blunter. "Even a 15% tariff rate will have immense negative effects on export-oriented German industry," said Wolfgang Niedermark, a member of the federation's leadership. While the rate is lower than threatened, "the big caveat to today's deal is that there is nothing on paper, yet," said Carsten Brzeski, global chief of macro at ING bank. 'With this disclaimer in mind and at face value, today's agreement would clearly bring an end to the uncertainty of recent months. An escalation of the US-EU trade tensions would have been a severe risk for the global economy," Brzeski said. 'This risk seems to have been avoided.' What about car companies? Asked if European carmakers could still sell cars at 15%, von der Leyen said the rate was much lower than the current 27.5%. That has been the rate under Trump's 25% tariff on cars from all countries, plus the preexisting U.S. car tariff of 2.5%. The impact is likely to be substantial on some companies, given that automaker Volkswagen said it suffered a 1.3 billion euro ($1.5 billion) hit to profit in the first half of the year from the higher tariffs. Mercedes-Benz dealers in the U.S. have said they are holding the line on 2025 model year prices 'until further notice.' The German automaker has a partial tariff shield because it makes 35% of the Mercedes-Benz vehicles sold in the U.S. in Tuscaloosa, Alabama, but the company said it expects prices to undergo 'significant increases' in coming years. What were the issues dividing the two sides? Before Trump returned to office, the U.S. and the EU maintained generally low tariff levels in what is the largest bilateral trading relationship in the world, with some 1.7 trillion euros ($2 trillion) in annual trade. Together the U.S. and the EU have 44% of the global economy. The U.S. rate averaged 1.47% for European goods, while the EU's averaged 1.35% for American products, according to the Bruegel think tank in Brussels. Trump has complained about the EU's 198 billion-euro trade surplus in goods, which shows Americans buy more from European businesses than the other way around, and has said the European market is not open enough for U.S.-made cars. However, American companies fill some of the trade gap by outselling the EU when it comes to services such as cloud computing, travel bookings, and legal and financial services. And some 30% of European imports are from American-owned companies, according to the European Central Bank. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
New York Post
10 minutes ago
- New York Post
NYC's ‘We're With Colbert' rally for late-night host is a bust with just 20 protesters
What a joke. A Big Apple rally in support of on-his-way-out 'Late Show' host Stephen Colbert drew fewer than two dozen people Sunday — with even the NYPD cops on scene quickly calling it a day since most of the demonstrators left after just a few minutes. Organizers said the 'We're With Colbert' gathering outside the CBS Broadcast Center on Manhattan's West Side said it was meant to be part of a nationwide call for 'integrity.' Advertisement 4 Demonstrators gather outside CBS' offices in Manhattan on Sunday to protest the end of the 'Late Show' with Stephen Colbert. REUTERS 4 Colbert was told this was his last season on CBS, sparking controversy on both sides. CBS 'Our country is not perfect, never has been,' said the event's organizer, who would only identify himself as Matt and said his nickname is 'Slim.' Advertisement 'But we've always had the First Amendment, and now Mango Mussolini is trying to take that from us,' he said, referring to a derogatory nickname for President Trump. CBS said declining viewership and diminishing profits led to its decision to end the show in May 2026, effectively firing the 61-year-old talk-show host Colbert — but critics claim the network bowed to pressure from Trump. 4 CBS officials said the decision to fire Colbert was the result of growing costs and diminishing viewership. Luiz C. Ribeiro for New York Post 4 The number of protesters at Sunday's 'We're With Colbert' rally topped off at about 20 at its peak. REUTERS Advertisement CBS's parent company finalized an $8.4 billion merger with Skydance Media shortly after Colbert was told he was on his last season. The merger required federal approval. Colbert has also been among the top talk-show hosts who routinely roast Trump. 'This is a First Amendment attack,' a protester who refused to give her name said of the closing-down of the show. 'We can't stand for that.' Advertisement Still, Colbert has also come under fire for featuring predominantly lefty-leaning guests. According to the right-leaning group MRC NewsBusters, Colbert has had 176 liberal guests and only one Republican on his show since 2022.
The Hill
10 minutes ago
- The Hill
US-EU trade deal wards off further escalation but will raise costs for companies, consumers
FRANKFURT, Germany (AP) — President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal that imposes 15% tariffs on most European goods, warding off Trump's threat of a 30% rate if no deal had been reached by Aug. 1. The tariffs, or import taxes, paid when Americans buy European products could raise prices for U.S. consumers and dent profits for European companies and their partners who bring goods into the country. Here are some things to know about the trade deal between the United States and the European Union: What's in the agreement? Trump and von der Leyen's announcement, made during Trump's visit to one of his golf courses in Scotland, leaves many details to be filled in. The headline figure is a 15% tariff rate on 'the vast majority' of European goods brought into the U.S., including cars, computer chips and pharmaceuticals. It's lower than the 20% Trump initially proposed, and lower than his threats of 50% and then 30%. Von der Leyen said the two sides agreed on zero tariffs on both sides for a range of 'strategic' goods: Aircraft and aircraft parts, certain chemicals, semiconductor equipment, certain agricultural products, and some natural resources and critical raw materials. Specifics were lacking. She said the two sides 'would keep working' to add more products to the list. Additionally, the EU side would purchase what Trump said was $750 billion (638 billion euros) worth of natural gas, oil and nuclear fuel to replace Russian energy supplies, and Europeans would invest an additional $600 billion (511 billion euros) in the U.S. What's not in the deal? Trump said the 50% U.S. tariff on imported steel would remain; von der Leyen said the two sides agreed to further negotiations to fight a global steel glut, reduce tariffs and establish import quotas — that is, set amounts that can be imported, often at a lower rate. Trump said pharmaceuticals were not included in the deal. Von der Leyen said the pharmaceuticals issue was 'on a separate sheet of paper' from Sunday's deal. Where the $600 billion for additional investment would come from was not specified. And von der Leyen said that when it came to farm products, the EU side made clear that 'there were tariffs that could not be lowered,' without specifying which products. What's the impact? The 15% rate removes Trump's threat of a 30% tariff. It's still much higher than the average tariff before Trump came into office of around 1%, and higher than Trump's minimum 10% baseline tariff. Higher tariffs, or import taxes, on European goods mean sellers in the U.S. would have to either increase prices for consumers — risking loss of market share — or swallow the added cost in terms of lower profits. The higher tariffs are expected to hurt export earnings for European firms and slow the economy. The 10% baseline applied while the deal was negotiated was already sufficiently high to make the European Union's executive commission cut its growth forecast for this year from 1.3% to 0.9%. Von der Leyen said the 15% rate was 'the best we could do' and credited the deal with maintaining access to the U.S. market and providing 'stability and predictability for companies on both sides.' What is some of the reaction to the deal? German Chancellor Friedrich Merz welcomed the deal which avoided 'an unnecessary escalation in transatlantic trade relations' and said that 'we were able to preserve our core interests,' while adding that 'I would have very much wished for further relief in transatlantic trade.' The Federation of German Industries was blunter. 'Even a 15% tariff rate will have immense negative effects on export-oriented German industry,' said Wolfgang Niedermark, a member of the federation's leadership. While the rate is lower than threatened, 'the big caveat to today's deal is that there is nothing on paper, yet,' said Carsten Brzeski, global chief of macro at ING bank. 'With this disclaimer in mind and at face value, today's agreement would clearly bring an end to the uncertainty of recent months. An escalation of the US-EU trade tensions would have been a severe risk for the global economy,' Brzeski said. 'This risk seems to have been avoided.' What about car companies? Asked if European carmakers could still sell cars at 15%, von der Leyen said the rate was much lower than the current 27.5%. That has been the rate under Trump's 25% tariff on cars from all countries, plus the preexisting U.S. car tariff of 2.5%. The impact is likely to be substantial on some companies, given that automaker Volkswagen said it suffered a 1.3 billion euro ($1.5 billion) hit to profit in the first half of the year from the higher tariffs. Mercedes-Benz dealers in the U.S. have said they are holding the line on 2025 model year prices 'until further notice.' The German automaker has a partial tariff shield because it makes 35% of the Mercedes-Benz vehicles sold in the U.S. in Tuscaloosa, Alabama, but the company said it expects prices to undergo 'significant increases' in coming years. What were the issues dividing the two sides? Before Trump returned to office, the U.S. and the EU maintained generally low tariff levels in what is the largest bilateral trading relationship in the world, with some 1.7 trillion euros ($2 trillion) in annual trade. Together the U.S. and the EU have 44% of the global economy. The U.S. rate averaged 1.47% for European goods, while the EU's averaged 1.35% for American products, according to the Bruegel think tank in Brussels. Trump has complained about the EU's 198 billion-euro trade surplus in goods, which shows Americans buy more from European businesses than the other way around, and has said the European market is not open enough for U.S.-made cars. However, American companies fill some of the trade gap by outselling the EU when it comes to services such as cloud computing, travel bookings, and legal and financial services. And some 30% of European imports are from American-owned companies, according to the European Central Bank.
