logo
Trump celebrates tax bill victory at Iowa fairground rally

Trump celebrates tax bill victory at Iowa fairground rally

The Sun2 days ago
DES MOINES, IOWA: U.S. President Donald Trump took a victory lap in friendly territory on Thursday, celebrating passage of his massive tax-cut and border security bill among supporters at the Iowa State Fairground.
Trump flew to the state, which voted for him by large margins during the last three presidential elections, directly after the U.S. House of Representatives passed his 'big, beautiful bill' and sent it to his desk to be enacted into law.
'Every major promise I made to the people of Iowa in 2024 became a promise kept,' Trump told the crowd of thousands at the Iowa State Fairgrounds in Des Moines.
By visiting the state Trump was reinforcing his image as a president who delivers on his promises, especially to his rural and conservative base.
Trump said he will sign the bill at a White House ceremony on Friday, the Independence Day holiday in the United States and the deadline he had set for Congress to approve the mammoth piece of legislation.
The measure will give Trump billions of dollars to press forward with his domestic agenda, ramping up migrant deportations and cutting taxes while rolling back health benefits and food assistance.
'This bill includes the largest tax cut in American history, the largest spending cut in American history, the largest border security investment in American history,' Trump said.
The package will add $3.4 trillion to the nation's $36.2 trillion debt, according to the nonpartisan Congressional Budget Office.
The passage of the bill marked weeks of arm twisting by Trump and his allies in Congress to convince skeptical Republicans to push through the bill on a rapid timetable.
It was part of a string of victories for Trump in recent days, including convincing Iran and Israel to agree to a ceasefire after the United States struck Iran's nuclear sites last month.
Trump lambasted Democrats in Congress for voting against the measure, which passed on party-line votes in both chambers. He attributed that to Democrats hating him.
'But I hate them too,' he said.
Trump said the vote will make for campaign fodder during next year's midterm elections, when control of Congress will be at stake. Some Republicans worry that deep cuts to the Medicaid health program in the bill will hurt the party's prospects in the 2026 midterm elections.
The president said the bill will bolster his already aggressive immigration enforcement and deportation efforts but again pledged to work with farms and hotels concerned about a thinning labor force.
Trump's trade policies have whipsawed agricultural communities in Iowa, creating economic uncertainty and testing loyalties. Iowa farmers have been hit hard, especially with China's retaliatory tariffs slashing soybean exports and prices.
Reuters spoke to five attendees at the rally who said they braved the sweltering heat to show support for Trump. Most praised his handling of immigration and grocery prices.
Despite widespread media coverage, only one of the five was aware of the existence of the tax-cut bill and praised it for giving Trump more resources for immigration enforcement.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Ukraine's Zelenskiy hails ‘most productive' call yet with Trump on air defence
Ukraine's Zelenskiy hails ‘most productive' call yet with Trump on air defence

Malay Mail

time2 hours ago

  • Malay Mail

Ukraine's Zelenskiy hails ‘most productive' call yet with Trump on air defence

WASHINGTON, July 6 — Ukrainian President Volodymyr Zelenskiy said yesterday that his latest conversation with US President Donald Trump this week was the best and 'most productive' he has had to date. 'Regarding the conversation with the president of the United States, which took place a day earlier, it was probably the best conversation we have had during this whole time, the most productive,' Zelenskiy said in his nightly video address. 'We discussed air defence issues and I'm grateful for the willingness to help. The Patriot system is precisely the key to protection against ballistic threats.' Zelenskiy said the two leaders had discussed 'several other important matters' that officials from the two sides would be considering in forthcoming meetings. Trump told reporters on Friday that he had a good call with Zelenskiy and restated his disappointment at a conversation with Russian President Vladimir Putin over what he said was Moscow's lack of willingness to work toward a ceasefire. Asked whether the United States would agree to supply more Patriot missiles to Ukraine, as requested by Zelenskiy, Trump said: 'They're going to need them for defence... They're going to need something because they're being hit pretty hard.' Russia has intensified air attacks on Kyiv and other cities in recent weeks. Moscow's forces launched the largest drone attack of the 40-month-old war on the Ukrainian capital hours after Trump's conversation with Putin on Thursday. — Reuters

Brics leaders target ‘indiscriminate' US tariffs as China's Xi skips Brazil summit
Brics leaders target ‘indiscriminate' US tariffs as China's Xi skips Brazil summit

Malay Mail

time3 hours ago

  • Malay Mail

Brics leaders target ‘indiscriminate' US tariffs as China's Xi skips Brazil summit

RIO DE JANEIRO, July 6 — Brics leaders meeting in Rio de Janeiro today are expected to decry US President Donald Trump's 'indiscriminate' trade tariffs, saying they are illegal and risk hurting the global economy. Emerging nations, which represent about half the world's population and 40 per cent of global economic output, have united over 'serious concerns' about US import tariffs, according to a draft summit statement obtained by AFP yesterday. Since coming to office in January, Trump has threatened allies and rivals alike with a slew of punitive duties. His latest salvo comes in the form of letters informing trading partners of new tariff rates that will soon enter into force. The draft summit declaration does not mention the United States or its president by name, and could yet be amended by leaders gathering for talks today and tomorrow. But it is a clear political shot directed at Washington from 11 emerging nations, including Brazil, Russia, India, China and South Africa. 'We voice serious concerns about the rise of unilateral tariff and non-tariff measures which distort trade and are inconsistent with WTO (World Trade Organisation) rules,' the draft text says. It warns that such measures 'threaten to further reduce global trade' and are 'affecting the prospects for global economic development.' Xi no show Conceived two decades ago as a forum for fast-growing economies, the Brics have come to be seen as a Chinese-driven counterbalance to Western power. But the summit's political punch will be depleted by the absence of China's Xi Jinping, who is skipping the annual meeting for the first time in his 12 years as president. That absence has prompted fevered speculation in some quarters. 'The simplest explanation may hold the most explanatory power. Xi recently hosted Lula in Beijing,' said Ryan Hass, a former China director at the US National Security Council who is now with the Brookings Institution think tank. The Chinese leader will not be the only notable absentee. War crime-indicted Russian President Vladimir Putin is also opting to stay away, but will participate via video link, according to the Kremlin. Hass said Putin's non-attendance and the fact that Indian Prime Minister Narendra Modi will be a guest of honor in Brazil could also be factors in Xi's absence. 'Xi does not want to appear upstaged by Modi,' who will receive a state lunch, he said. 'I expect Xi's decision to delegate attendance to Premier Li (Qiang) rests amidst these factors.' Still, the Xi no-show is a blow to host President Luiz Inacio Lula da Silva, who wants Brazil to play a bigger role on the world stage. In the year to November 2025, Brazil will have hosted a G20 summit, a Brics summit, and COP30 international climate talks, all before heading into fiercely contested presidential elections next year, in which he is expected to run. Lula warmly welcomed leaders and dignitaries yesterday, including China's Premier Li Qiang, as the leftist president hosted a pre-summit business forum in Rio. 'Faced with the resurgence of protectionism, it is up to emerging countries to defend the multilateral trade regime and reform the international financial architecture,' Lula told the event. Iran's President Masoud Pezeshkian, whose nation is still reeling from a 12-day conflict with Israel, is also skipping the meeting and will be represented by Foreign Minister Abbas Araghchi. A source familiar with the negotiations said Iran had sought a tougher condemnation of Israel and the United States over their recent bombing of Iranian military, nuclear and other sites. But one diplomatic source said the text would give the 'same message' that Brics delivered last month. Then Iran's allies expressed 'grave concern' about strikes against Iran, but did not explicitly mention Israel or the United States. Artificial intelligence and health will also be on the agenda at the summit. Original members of the bloc Brazil, Russia, India, and China have been joined by South Africa and, more recently, Saudi Arabia, Iran, the United Arab Emirates, Egypt, Ethiopia and Indonesia. — AFP

Oil falls ahead of expected Opec+ output hike
Oil falls ahead of expected Opec+ output hike

The Star

time3 hours ago

  • The Star

Oil falls ahead of expected Opec+ output hike

Brent crude futures settled down 50 cents, or 0.7%, at US$68.30 a barrel while US West Texas Intermediate crude was down 50 cents, or 0.75%, at US$66.50 just before 1300 EDT (1700 GMT). CALGARY: Oil futures slipped slightly in thin holiday trading on Friday, as the market looked ahead to this weekend's Opec+ meeting and the likelihood that member countries will decide to raise output. Brent crude futures settled down 50 cents, or 0.7%, at US$68.30 a barrel while US West Texas Intermediate crude was down 50 cents, or 0.75%, at US$66.50 just before 1300 EDT (1700 GMT). Trade was sparse due to the US Independence Day holiday. Billed as RM9.73 for the 1st month then RM13.90 thereafters. RM12.33/month RM8.63/month Billed as RM103.60 for the 1st year then RM148 thereafters. Free Trial For new subscribers only

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store