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Rubio Set to Make First Trip to Asia as Tariffs Deadline Looms

Rubio Set to Make First Trip to Asia as Tariffs Deadline Looms

Bloomberg07-07-2025
Secretary of State Marco Rubio is set to make his first trip to Asia as top US diplomat this week to discuss trade and security with regional counterparts who are looking to avoid President Donald Trump's looming tariff increases.
Rubio flies to Kuala Lumpur, Malaysia on Tuesday for a gathering of the Association of Southeast Asian Nations. While the US isn't a full member of Asean, American officials often participate in its summits, as do China and Russia.
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Which way will the Senate swing in 2026? Minnesota is on the table
Which way will the Senate swing in 2026? Minnesota is on the table

Yahoo

time21 minutes ago

  • Yahoo

Which way will the Senate swing in 2026? Minnesota is on the table

WASHINGTON – President Donald Trump's agenda in the second half of his second term will hinge on whether Republicans can maintain control of Congress in next year's midterm elections. In the Senate, where the GOP has a slim 53-47 majority, being the party in charge is vital for the president and his ability to pass key legislation priorities and confirm nominees, including any potential Supreme Court vacancies. Heading into 2026, congressional Republicans look to keep their legislative advantage but face the challenge of precedent. Often, the party that does not hold the White House fares better in midterm congressional elections. In need of a pick-me-up after last year's bruising presidential and congressional elections, Democrats are trying to flip the upper chamber back to blue by winning a handful of states scattered from the South to the Great Lakes. More: What to expect when you're expecting a GOP trifecta For their part, Republicans trying to defend their majority in next November's races must first weather some base-splitting primaries in which established GOP incumbents hope to hold on against challengers from inside their own party. Here are 11 Senate races to watch across the country heading into the 2026 midterm elections. 1. North Carolina More: Former North Carolina Gov. Roy Cooper announces run for Senate in a win for Democrats North Carolina's two-term senior senator, Republican Thom Tillis, announced in June that he would not be seeking reelection. His news, which Tillis called 'not a hard choice,' came as debates over Trump's sweeping tax, spending and policy bill engulfed Congress and pitted Republicans against one another. The news was music to Democrats' ears. Already a top target for the liberal party in next year's midterms, the North Carolina race was set to be one of the most competitive Senate battles in 2026, even with Tillis on the ballot. More: After Lara Trump opts out, president endorses RNC Chair Whatley for NC Senate race Now, the open seat has attracted high-profile contenders on both sides of the aisle. Former North Carolina Gov. Roy Cooper, a Democrat, announced his campaign formally on July 28 after weeks of speculation. On the Republican side, Lara Trump, the president's daughter-in-law and former co-chair of the Republican National Committee, said she considered jumping in. But after she announced July 24 that she would not run for the seat, President Trump gave his backing to Republican National Committee chair and former North Carolina GOP Chair Michael Whatley. Primary elections will be held March 3. 2. Michigan In Michigan, another retiring incumbent has set the stage for a toss-up race next year. Sen. Gary Peters, a Democrat, announced in January that he would not seek a third term representing the Great Lakes State in the Senate. More: Michigan's Gary Peters won't run for US Senate reelection next year His absence leaves the race open for either party's taking. Republican Mike Rogers, a former congressman with Trump's endorsement, is his party's expected nominee. Rogers ran in 2024 and lost narrowly to Democratic Sen. Elissa Slotkin. Among Democrats, Rep. Haley Stevens and state Sen. Mallory McMorrow lead the pack of 2026 candidates. Primary elections in the state will be held Aug. 4. Note to readers: If you appreciate the work we do here at The St. Cloud Times, please consider subscribing yourself or giving the gift of a subscription to someone you know. 3. Georgia Georgia's Democratic Sen. Jon Ossoff must fend off a pack of conservative lawmakers to hang on to his seat in 2026. Alongside fellow Georgia Democrat Sen. Raphael Warnock, Ossoff won a runnoff election in January 2021 that secured him a first term in Congress and his party a chamber majority. Once again, his race will be key in determining whether Democrats win control of the Senate. Republicans looking to unseat him include Rep. Buddy Carter, a former pharmacist who represents the Savannah area. Carter was first to throw his red hat in the ring. But others, including Rep. Mike Collins, have since joined the contest. Carter and Collins are coveting Trump's support, an endorsement that could carry weight with Georgia's deep-red electorate pockets. Georgia's primary elections are set for May 19. 4. Texas Texas Republican Sen. John Cornyn stands a good chance of winning a fifth term against a Democratic challenger next November in the red-leaning Lone Star State. But first, he must make it through what is promising to be a tough primary against the state's attorney general, Ken Paxton. Cornyn has served in the Senate since 2002, but early polls showed him down double digits to Paxton. More: Texas AG Ken Paxton's wife files for divorce 'on biblical grounds' National Republicans have expressed concern that Paxton, who has faced indictments, impeachment and, more recently, a very public divorce, could cost the GOP their safely held Texas seat in a general election. Democrat and former Rep. Colin Allred, who ran unsuccessfully against Sen. Ted Cruz in 2024, has announced his campaign for 2026. Texas state Rep. James Talarico has said he is 'seriously considering' a run as well. More: Former congressman Colin Allred launches 2026 campaign for US Senate Primary elections in the Lone Star State are set for March 3. 5. South Carolina Sen. Lindsey Graham, a Republican from South Carolina, has also drawn a GOP challenger in his 2026 bid for reelection. Paul Dans, the original author of Project 2025, a sweeping conservative agenda to overhaul the federal government, announced his candidacy at an event in Charleston July 30. More: Lindsey Graham gets Republican challenger: Project 2025 author to announce Senate bid The primary contest will likely pit MAGA voters in the Palmetto State against one another. Though Graham has been a regular target of criticism from Trump − displeased by the lawmaker at times breaking from the GOP leader − he is now an ally to the president and has already received Trump's 'complete and total endorsement.' Dans' primary challenge will be an uphill battle. Should Graham come out on top, he is heavily favored to win a fifth term representing the Palmetto State. A pack of Democrats are vying to face Graham or Dans in the general, though South Carolina is generally considered a safely red seat. Both party primaries will be held June 9. 6. Maine Sen. Susan Collins, R-Maine, is about to wrap her fifth term in the Senate, and while she has yet to formally announce her bid for reelection, many colleagues expect her to run again. Her position as one of the upper chamber's most independent voices has kept her in favor, and in office, with her left-leaning state, though Democrats still see this upcoming race as one of their top pickup opportunities if two-term Gov. Janet Mills decides to run. Collins has garnered a reputation for being one of the few congressional Republicans willing to tell Trump no. She voted against two of his major legislative priorities this summer – a sweeping tax and spending bill, as well as a $9 billion cut to public broadcasting and foreign aid funding – and has openly criticized some of the president's nominees. More: 'See you in court.' Trump, Maine governor clash in tense exchange at White House Willingness to oppose Trump typically comes with the president's full public ire – and often a MAGA-aligned primary opponent. But Collins is the only Republican senator to have won a state in which Democrats won the popular vote in 2024. Her unique position seems to, at least for now, have kept Trump from speaking out against who many view as the GOP's best chance to keep their seat in Maine. Several Democratic candidates have announced campaigns against Collins, including David Costello, who ran unsuccessfully against Maine's Independent Sen. Angus King in 2024. All eyes are most focused on Mills, the state governor who has also tussled with Trump but hasn't yet said whether she will run. Maine will have its primaries on June 9. 7. Minnesota Minnesota's Democratic Sen. Tina Smith announced earlier this year that she plans to retire at the end of her term, calling the decision "entirely personal." 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Jon Husted was picked by Ohio's governor to fill the seat vacated by Vice President JD Vance at the start of the year, and Husted will be on the ballot next November to keep his spot. Ohio has become reliably red in recent years, making the fight to flip it tough for Democrats. Their best shot probably is former Democratic Sen. Sherrod Brown, who lost his bid for reelection last year to Sen. Bernie Moreno. Axios reported that Brown met with Minority Leader Chuck Schumer in late July as part of the top Senate Democrat's efforts to lobby Brown to run again. 9. New Hampshire Democratic Sen. Jeanne Shaheen of New Hampshire announced she would not be seeking another term in 2026 either. Democratic Rep. Chris Pappas, who launched his campaign in April, is widely seen as a strong contender to succeed Shaheen. More: Former GOP Massachusetts Senator Scott Brown running for Senate in New Hampshire Republican Scott Brown, a former Massachusetts senator and former ambassador to New Zealand and Samoa in Trump's first term, is among a handful of candidates competing on the GOP side. Like Minnesota, Cook Political Report has rated New Hampshire's race leaning Democrat. 10. Iowa In Iowa, Sen. Joni Ernst, a Republican, has the advantage, with Cook Political Report rating her race likely Republican. Three Democrats so far have launched bids in hopes of beating those odds: Nathan Sage, the former chamber of commerce director from Knoxville; state Rep. J.D. Scholten; and state Sen. Zach Wahls. More: Iowa Democratic Rep. and minor league pitcher J.D. Scholten to run against Sen. Joni Ernst Trump's sweeping tax, spending and policy bill, passed into law earlier this summer, is expected to be a defining issue in Iowa's race. Ernst was one of 50 Senate Republicans who voted in favor of the legislation, which her Democratic opponents decried as a move "to gut Medicaid for hundreds of thousands of Iowa children and families." Iowa's primary is set for June 2. 11. Nebraska Nebraska is widely seen as a Republican stronghold with incumbent GOP Sen. Pete Ricketts, though there could be a surprisingly competitive race in 2026 with Independent candidate Dan Osborn jumping back into a statewide election. More: Nebraska independent Dan Osborn could be poised to shake up U.S. Senate Osborn came within 7 percentage points of beating Sen. Deb Fischer in 2024, a closer-than-expected margin in the GOP-dominated state. Osborn, a former labor leader, is a registered Independent but received campaign contributions from Democrats in his last campaign (money he told NBC he did not ask for). Ricketts, a former Nebraska governor and part owner with his family of the Chicago Cubs, is running for a full term after being appointed to the job in January 2023 upon the resignation of Republican Sen. Ben Sasse. Sign up for our alerts to receive the latest updates on important news. This article originally appeared on USA TODAY: Who will win Senate majority in 11 2026 key races, including Minnesota

Despite tariff reprieve, Lesotho says it is already hurting
Despite tariff reprieve, Lesotho says it is already hurting

Yahoo

time21 minutes ago

  • Yahoo

Despite tariff reprieve, Lesotho says it is already hurting

By Sisipho Skweyiya MASERU (Reuters) -A reprieve from a 50% U.S. tariff on goods from Lesotho has come too late to prevent damage to the tiny African kingdom's textiles industry, which has been hit hard by months of trade uncertainty, officials and industry players said. Lesotho's tariff rate was slashed to 15% in last week's executive order by U.S. President Donald Trump, down from the level of 50% tariff threatened in April - which was the highest of any U.S. trading partner. Textile industry players in the country - which produces jeans and other garments for popular U.S. brands such as Levi's and Walmart - said the uncertainty around tariffs over the past few months had already devastated the sector, with orders cancelled and jobs cut. "We were on the verge of building (our) American market," Teboho Kobeli, founder and managing director of Afri-Expo Textiles, told Reuters at his factory in Maseru. He said the U.S. market made up 10% of his company's production - about $1 million a year - and that he had to lay off 200 workers, or 40% of his workforce, after the announcement in April as orders dried up. "That is a lot lost," he said. Lesotho, which Trump had ridiculed in March as a country "nobody has ever heard of", is a poor and landlocked country with a gross domestic product of just over $2 billion. Trade Minister Mokhethi Shelile said that Lesotho would struggle to compete against other African textile manufacturers such as Kenya and Eswatini, which got a lower U.S. tariff rate of 10%. "We have close to 12,000 jobs that are directly on the firing line because of this tariff," he told Reuters. The sector, which is the country's leading export industry and biggest private employer, was heavily dependent on the Africa Growth and Opportunities Act, a U.S. trade initiative granting duty-free access to qualifying African nations. It employs around 40,000 people and accounts for roughly 90% of manufacturing exports, according to Oxford Economics. One of the people affected by the uncertainty is Matsoso Lepau, a 48-year-old who lost his job at protective outerwear maker Leo Garments in April. "I have a big problem because the money that I was making is not there anymore," he said, adding he used to earn the equivalent of $167 a month. "Now that Mr Trump has lowered the tariffs, I am still hoping that we will get our jobs back." Kobeli, the head of Afri-Expo Textiles, said he was confident he could get his business back on track now that the reduced 15% rate has been set, noting the uncertainty over U.S. trade policy had weighed on investors' and retailers' decisions globally. "It was a global problem, even the buyers in America were stagnant as they did not know where to go... Now with the 15% we are starting to talk, it's not like we were affected alone," he said. (Writing by Tim Cocks; Editing by Alex Richardson)

Who do tariffs help? What Americans say in poll as Trump unveils new levies
Who do tariffs help? What Americans say in poll as Trump unveils new levies

Miami Herald

time22 minutes ago

  • Miami Herald

Who do tariffs help? What Americans say in poll as Trump unveils new levies

A greater share of Americans would like to see President Donald Trump's tariffs scaled back than expanded, according to a new Economist/YouGov poll. And most Americans believe his tariffs will drive up prices and put a heavier burden on U.S. consumers. The survey comes after Trump signed an executive order on July 31 imposing sweeping new levies — between 10% and 41% — on imports from about 70 countries. These are set to go into effect on Aug. 7, providing a short window for negotiations. Trump, who previously issued a 10% baseline tariff on all imports in April, in addition to sector-specific levies, has said the unprecedented measures are necessary to counter unfair trade practices. 'Tariffs are making America GREAT & RICH Again,' the president said in a post on Truth Social. 'They were successfully used against the USA for decades. … Now the tide has completely turned, and America has successfully countered this onslaught of Tariffs used against it.' Many economists, meanwhile, are wary of widespread tariffs, arguing they will boost inflation, raise prices and result in job losses. The poll also comes after the Labor Department's latest jobs report, released on Aug. 1, found weaker-than-expected employment growth in July. As a result, Trump fired the head of the Bureau of Labor Statistics, claiming the report was 'rigged.' Here is a breakdown of the results from the poll. A much larger share of Americans want U.S. tariff rates to be decreased rather than increased, according to the poll, which sampled 1,777 U.S. adults July 25-28. A plurality, 41%, said rates should be lowered, while 18% said they should be raised. An additional 23% said they should be kept the same. The poll — which has a margin of error of about 3.5 percentage points — also asked respondents, 'who is is most helped and hurt by tariff increases?' A majority, 54%, said American consumers are hurt the most, while far fewer said foreign manufacturers (22%), foreign consumers (4%) and U.S. manufacturers (3%). Meanwhile, a plurality, 28%, said American manufacturers are helped the most by tariff increases. Smaller shares said U.S. consumers (11%), foreign manufacturers (6%) and foreign consumers (1%). Additionally, the vast majority of respondents, 71%, said they believe Trump's tariffs will lead to higher prices, with 43% saying prices will increase 'a lot' and 28% saying they will rise 'a little.' Just 9% said they expect tariffs will lead to lower prices. Most Democrats and Republicans — 87% and 55%, respectively — agreed that levies will result in higher prices.

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