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Washington Post
35 minutes ago
- Washington Post
'Beautiful' or 'Ugly,' Trump's big bill shapes the battle for House control in 2026 midterms
WASHINGTON — Debate over President Donald Trump's sweeping budget-and-policy package is over on Capitol Hill. Now the argument goes national. From the Central Valley of California to Midwestern battlegrounds and suburban districts of the northeast, the new law already is shaping the 2026 midterm battle for control of the House of Representatives. The outcome will set the tone for Trump's final two years in the Oval Office.
Yahoo
36 minutes ago
- Yahoo
The EU is delaying retaliatory tariffs on U.S. goods, in hopes of reaching a deal by Aug. 1
BRUSSELS (AP) — The EU will suspend retaliatory tariffs on U.S. goods scheduled to take effect Monday in hopes of reaching a trade deal with the Trump administration by the end of the month. ″This is now the time for negotiations,″ European Commission President Ursula von der Leyen told reporters in Brussels on Sunday, after President Donald Trump sent a letter announcing new tariffs of 30% on goods from the EU and Mexico starting Aug. 1. The EU — America's biggest trading partner and the world's largest trading bloc — had been scheduled to impose ″countermeasures″ starting Monday at midnight Brussels time (6 p.m. EDT). The EU negotiates trade deals on behalf of its 27 member countries. Von der Leyen said those countermeasures would be delayed until Aug. 1, and that Trump's letter shows ″that we have until the first of August″ to negotiate. European leaders have urged Trump and von der Leyen to give negotiations more time. ″We have always been clear that we prefer a negotiated solution,″ she said. If they can't reach a deal, she said that ″we will continue to prepare countermeasures so we are fully prepared.″ Standing alongside Indonesian President Prabowo Subianto, von der Leyen said the trade tensions with the U.S. show the importance of ''diversifying our trade relationships.'' Trump has said his global tariffs would set the foundation for reviving a U.S. economy that he claims has been ripped off by other nations for decades. Trump in his letter to the European Union said the U.S. trade deficit was a national security threat. U.S. trade partners have faced months of uncertainty and on-and-off threats from Trump to impose tariffs, with deadlines sometimes extended or changed. The tariffs could have ramifications for nearly every aspect of the global economy. The value of EU-U.S. trade in goods and services amounted to 1.7 trillion euros ($2 trillion) in 2024, or an average of 4.6 billion euros a day, according to EU statistics agency Eurostat. Europe's biggest exports to the U.S. were pharmaceuticals, cars, aircraft, chemicals, medical instruments and wine and spirits. Trade ministers from EU countries are scheduled to meet Monday to discuss trade relations with the U.S., as well as with China. The Associated Press Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
36 minutes ago
- Yahoo
Pam Bondi Cornered on Her Epstein Files Hype at Trump Cabinet Meeting
Attorney General Pam Bondi was put on the spot about the so-called 'client list' of sex offender Jeffrey Epstein at President Donald Trump's Cabinet meeting Tuesday. Bondi, who has taken heat for shutting down conspiracies about Epstein's clientele and death months after previously inflaming them, took the chance to defend herself. 'In February, I did an interview on Fox that is getting a lot of attention because I was asked a question about the client list. And my response was, 'It is sitting on my desk to be reviewed,' meaning the files, along with the JFK, MLK files as well. That is what I meant by that.' 'That is it on Epstein,' Bondi concluded. This is a developing story and will be updated.
