Trump to sign order delaying tariff deadline to Aug. 1: White House
The July 9 deadline for steeper levies would be pushed back to August 1, Press Secretary Karoline Leavitt told reporters, adding that Trump would address foreign leaders with their 'reciprocal tariff rate' within the next month.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Argaam
35 minutes ago
- Argaam
Trump says to impose tariffs on BRICS, copper imports
US President Donald Trump said on Tuesday that Washington will soon impose tariffs on BRICS countries, and also intends to introduce high tariffs on copper imports.


Al Arabiya
35 minutes ago
- Al Arabiya
Celtics' Brad Stevens Shuns Idea Team Is in a Rebuild With Jayson Tatum Out
Even before Jayson Tatum limped off the court with a torn Achilles tendon during the Celtics' Eastern Conference semifinals loss to the New York Knicks, Brad Stevens knew big changes would be on tap for the franchise this offseason. Yes, big spending on free agents and contracts had lured in key players like Jrue Holiday and Kristaps Porzingis, who, combined with stars Tatum and Jaylen Brown, ultimately helped Boston capture the NBA championship in 2024. But keeping the core of that roster intact next season–with Tatum possibly missing all of it while rehabbing from his injury–would have come with a combined payroll and luxury tax bill of more than $500 million. And as a team exceeding the second apron of the salary cap, it would have also meant additional penalties, limiting ways they could sign or trade for players. For all the latest headlines, follow our Google News channel online or via the app. 'We've known for a long time that hard decisions were coming,' Stevens said Tuesday on the decisions to trade both Holiday and Porzingis, which both became official this week. 'The second apron is why those trades happened. I think that is pretty obvious. And the basketball penalties associated with those are real. …So that was part of making the decision to push and put our chips on the table and go for the last two years.' Now under that dreaded second apron, it's also brought about a different way of looking at what's next for the Celtics. As the team's president of basketball operations, Stevens knows their approach will have to change while Tatum is out. But as a former coach, he also said he's never going to put a ceiling on any team's potential. 'My expectations are always the same–compete like hell to win the next game,' he said. Stevens said he doesn't want to hear any mention of the term 'rebuild' this upcoming season. 'That's not going to be part of the lexicon in our building, and that's the way we're going to focus moving forward,' he said. While the team could make additional moves to get completely out of the luxury tax, Stevens said it's not the mandate he's been given by incoming team owner Bill Chisholm. 'Bill has been pretty clear from the get-go that he wants to make sure that we're prioritizing basketball assets and the ability to retool this thing at the highest level that we can,' Stevens said. 'The most important acquisition that we're going to be able to make in the next couple of years is getting Tatum out of a (walking) boot. We're not beating that one. So that's going to be the best thing that can happen for us.' Both Tatum and Brown, who had minor knee surgery last month, were in the Celtics' facility on Tuesday, rehabbing. According to Stevens, Tatum was moving really fast in his walking boot, while Brown was already getting shots up and is expected to get full clearance for basketball activities soon. In the meantime, Stevens said he's completely comfortable with Brown being the team's focal point on the court. He thinks it's a challenge that Brown welcomes and one that he's proven an ability to excel in during previous times Tatum has been sidelined by injury. 'He's ready for any challenge, and he always has been,' Stevens said.


Al Arabiya
an hour ago
- Al Arabiya
Independent Dan Osborn Launches New US Senate Bid to Challenge Nebraska Republican Pete Ricketts
A former labor union boss who drew national headlines last year as an independent candidate challenging Nebraska Republican US Sen. Deb Fischer is again entering the political arena–this time to challenge Nebraska's junior senator, Republican Pete Ricketts, in 2026. 'I'm running for Senate because Congress shouldn't just be a playground for the rich,' Dan Osborn said in a video released Tuesday to announce his candidacy. He criticized Ricketts, a former two-term Nebraska governor and multimillionaire who is the son of billionaire TD Ameritrade founder Joe Ricketts, as a lawmaker who bought his Senate seat. Ricketts' campaign responded by touting his voting record to secure the border and cut taxes for Nebraska workers and painted Osborn as beholden to Democrats. 'Dan Osborn is bought and paid for by his liberal out-of-state coastal donors,' Ricketts' campaign spokesman Will Coup said in a written statement. That was a reference to the nearly $20 million Osborn received last year from political action committees, including those that tend to support Democratic candidates. As he insisted last year, Osborn said he would serve as an independent if elected and has no plans to caucus with either Democrats or Republicans. He pointed to Ricketts' vote for Republicans' massive tax cut and spending bill last week that contains $4.5 trillion in tax cuts and cuts Medicaid and food stamps by $1.2 trillion. 'Congress spends their time bickering about how much we should cut taxes for billionaires and multinational corporations. We're just an afterthought,' Osborn said. 'My kids and yours deserve an American dream, too.' It's a familiar refrain from Osborn, who centered his campaign last year on representing working families he says are being steamrolled by an ever-growing wealth gap and policies that favor the rich over the middle class. Osborn was known in labor union circles as the Omaha industrial mechanic who successfully led a labor strike at Kellogg's cereal plants in 2021, winning higher wages and other benefits. He was a political newcomer when he challenged Fischer, outraising her by more than $1 million and coming within 6 percent of the two-term senator, who was used to winning by wide margins. Osborn acknowledged that it would be difficult to pose a campaign finance threat to Ricketts, one of the richest members of the US Senate. Federal campaign finance reports show Ricketts' campaign had more than $800,000 cash on hand at the end of March. But Osborn believes his populist message appeals more to Nebraska voters than campaign war chests. 'I think if you throw $100 million of your own money into Nebraska, I don't know that that moves the needle any more than $30 does,' he said. 'I think we're going to win this the old school way: Go out to where people are. Just hold town hall after town hall and talk with the good people in Nebraska.' Ricketts is seeking reelection next year after winning a special election last year to finish out the term of former Sen. Ben Sasse, who resigned in 2022. Ricketts was appointed to the seat by his successor, fellow Republican Gov. Jim Pillen, to fill the vacancy–a move widely panned as having the appearance of backroom dealing, as Ricketts had heavily supported and donated more than $1 million to help elect Pillen.