King Charles Defends Canada's Sovereignty From Trump
OTTAWA—King Charles III delivered a subtle message to President Trump in Canada's Parliament: The country already has a king.
Charles, who is king of Canada, said in the rare address on Tuesday that the country is firmly self-determining, rebuking Trump's repeated suggestion that it become part of the U.S. Charles didn't call out Trump directly but played up Canada's proud sense of national identity.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Politico
19 minutes ago
- Politico
Senate Republicans' tax cuts now projected to cost $4.45T
Senate Republicans released updated megabill text late Friday that would make sharp cuts to the Inflation Reduction Act's solar and wind tax credits after a late-stage push by President Donald Trump to crack down further on the incentives. The text would require solar and wind generation projects seeking to qualify for the law's clean electricity production and investment tax credits to be placed in service by the end of 2027 — significantly more restrictive than an earlier proposal by the Senate Finance Committee that tied eligibility to when a project begins construction. The changes came after Trump urged Senate Majority Leader John Thune to crack down on the wind and solar credits and align the measure more closely with reconciliation text, H.R.1, that passed the House, as POLITICO reported earlier on Friday. The changes are likely to put some moderate GOP senators, who have backed a slower schedule for sunsetting those incentives, in a tough position. They'll be forced to choose between rejecting Trump's agenda or allowing the gutting of tax credits that could lead to canceled projects and job losses in their states — something renewable energy advocates are also warning about. 'We are literally going to have not enough electricity because Trump is killing solar. It's that serious,' Sen. Brian Schatz (D-Hawaii) responded on X early Saturday. 'We need a bunch of new power on the grid, and nothing is as available as solar. Everything else takes a while. Meantime, expect shortages and high prices. Stupid.' The revised text would retain the investment and production tax credits for baseload sources, such as nuclear, geothermal, hydropower or energy storage, as proposed in the Finance Committee's earlier proposal. But it would make other significant changes, including extending a tax credit for clean hydrogen production until 2028. The panel's earlier proposal would have eliminated the credit after this year. And despite vocal lobbying by the solar industry, the proposal would maintain an abrupt cut to the tax incentive supporting residential solar power. The committee's earlier proposal would have eliminated that credit six months after the enactment of the bill; now the updated draft proposes repealing it at the end of this year. It would also deny certain wind and solar leasing arrangements from accessing the climate law's clean electricity investment and production tax credits, but, in a notable change, removed earlier language specifically disallowing rooftop solar. And it would move up the timeline for certain rules barring foreign entities of concern from accessing those credits. The bill would move up the termination date for electric vehicle tax credits to Sept. 30, compared to six months after enactment in the earlier Finance text. The credit for EV chargers would extend through June 2026. The new text also provides a bonus incentive for advanced nuclear facilities built in communities with high levels of employment in the nuclear industry. And the bill makes metallurgical coal eligible for the advanced manufacturing production tax credit through 2029. Sam Ricketts, co-founder of S2 Strategies, a clean energy policy consulting group, said the new draft is going to 'screw' ratepayers, kill jobs and undermine U.S. economic competitiveness. 'All just to give fossil fuel executives more profits,' he said. 'Or to own the libs. Insanity.' Josh Siegel contributed to this report.
Yahoo
20 minutes ago
- Yahoo
Trump says he wants interest rate cut to 1%, would 'love' if Powell resigned
By Trevor Hunnicutt and Kanishka Singh WASHINGTON (Reuters) -U.S. President Donald Trump said on Friday he would "love" if Federal Reserve Chair Jerome Powell were to resign, and the president also said he wanted interest rates cut to 1%. KEY QUOTES "I'd love him to resign if he wanted to, he's done a lousy job," Trump said, also labeling the Fed chair as "stupid." "I think we should be paying 1% right now, and we're paying more because we have a guy who suffers from, I think, Trump Derangement Syndrome," Trump added. WHY IT'S IMPORTANT Trump has long attacked the Federal Reserve chair over interest rates that the U.S. president wants lowered. Fed chairs have long been seen as insulated from presidential dismissal for reasons other than malfeasance or misconduct, but Trump has threatened to test that legal premise with frequent threats to fire Powell. Powell's term ends in May 2026, and Trump is expected to nominate a successor in the coming months. CONTEXT Trump said he will name as successor to Powell someone who will lower rates. Last week, the Fed decided to leave short-term borrowing costs in the 4.25%-4.50% range.
Yahoo
24 minutes ago
- Yahoo
Trump, 3 GOP senators play golf ahead of Saturday's push for megabill vote
As Senate wrestled with whether to begin debate on President Donald Trump's megabill, a few key Republican allies spent part of the afternoon golfing with the president at his nearby club in Northern Virginia. Trump, CIA Director John Ratcliffe and GOP Sens. Eric Schmitt of Missouri, Rand Paul of Kentucky and Lindsey Graham of South Carolina played golf a few hours before the Senate voted to debate the so-called 'Big Beautiful Bill.' Live updates: It's go time for Senate on Trump's megabill. Do they have the votes? Graham posted a photo of himself and Trump on social media as gave the camera a thumbs up. Graham said in a post that he partnered with Trump and Paul to beat Schmitt and Ratcliffe. "Proud to announce no casualties," Graham wrote. "A lot of fun! Big Beautiful Bill on the way." Schmitt posted a similar photo of himself and the president, writing "Big week for President Trump and he crushed it on the golf course this morning as well." Looking forward to beginning the One Big Beautiful Bill soon. Started the day with @POTUS and thanked him for his leadership. Let's Go! — Lindsey Graham (@LindseyGrahamSC) June 28, 2025 White House press secretary Karoline Leavitt told reporters around 2 p.m. that the president was wrapping up lunch and would soon depart the course, located about 25 miles from the White House. Senate Republican leaders launched the debate June 28 that is expected to culminate with a vote June 29 or 30 on the 990-page bill. While Democrats are all expected to vote no on the massive legislative package, the open question going into the debate is whether enough Republicans will end up supporting the Senate's version, which would send it back to the House. Trump has asked Congress to send him the completed bill to sign by July 4. The megabill is stuffed with tax cuts, Medicaid reforms and border security funding, containing several signature campaign promises from Trump and the Republican party. Kathryn Palmer is a national trending news reporter for USA TODAY. You can reach her at kapalmer@ and on X @KathrynPlmr. This article originally appeared on USA TODAY: Trump plays golf ahead Saturday's push for Senate megabill vote
