Supreme Court Upholds Texas Age Verification Law for Online Porn Content
The Supreme Court said a Texas law requiring certain websites hosting sexual content to verify their viewers' ages is constitutional.
In a 6-3 decision, the court upheld the Texas law, one of at least 21 that have passed on the state level in recent years requiring age verification for users seeking to access pornographic content online.
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Associated Press
8 minutes ago
- Associated Press
U.S., China announce a trade agreement - again. Here's what it means
WASHINGTON (AP) — The U.S. and China have reached an agreement — again — to deescalate trade tensions. But details are scarce, and the latest pact leaves major issues between the world's two biggest economies unresolved. President Donald Trump said late Thursday that a deal with China had been signed 'the other day.'' China's Commerce Ministry confirmed Friday that some type of arrangement had been reached but offered few details about it. Sudden shifts and a lack of clarity have been hallmarks of Trump's trade policy since he returned to the White House determined to overturn a global trading system that he says is unfair to the United States and its workers. He's been engaged for months in a battle with China that has mostly revealed how much pain the two countries can inflict on each other. And he's racing against a July 8 deadline to reach deals with other major U.S. trading partners. The uncertainty over his dealmaking and the cost of the tariffs, which are paid by U.S. importers and usually passed on to consumers, have raised worries about the outlook for the U.S. economy. And although analysts welcomed the apparent easing of tensions with China, they also warned that the issues dividing Washington and Beijing are unlikely to be resolved anytime soon. What did the two sides agree to? U.S. Treasury Secretary Scott Bessent said Friday that the Chinese had agreed to make it easier for American firms to acquire Chinese magnets and rare earth minerals critical for manufacturing and microchip production. Beijing had slowed exports of the materials amid a bitter trade dispute with the Trump administration. Without explicitly mentioning U.S. access to rare earths, the Chinese Commerce Ministry said that 'China will, in accordance with the law, review and approve eligible export applications for controlled items. In turn, the United States will lift a series of restrictive measures it had imposed on China.'' The Chinese have complained about U.S. controls on exports of advanced U.S. technology to China. But the ministry statement did not specifically say whether the United States planned to ease or lift those controls. In his interview on Fox Business Network's 'Mornings with Maria,' Bessent mentioned that the United States had earlier imposed 'countermeasures'' against China and 'had held back some vital supplies for them.'' 'What we're seeing here is a de-escalation under President Trump's leadership,'' Bessent said, without spelling out what concessions the United States had made or whether they involved America's export controls. Jeff Moon, a trade official in the Obama administration who now runs the China Moon Strategies consultancy, wondered why Trump hadn't disclosed details of the agreement two days after it had been reached. 'Silence regarding the terms suggests that there is less substance to the deal than the Trump Administration implies,″ said Moon, who also served as a diplomat in China. Wait. This sounds familiar. How did we get here? The agreement that emerged Thursday and Friday builds on a 'framework'' that Trump announced June 11 after two days of high-level U.S.-China talks in London. Then, he announced, China had agreed to ease restrictions on rare earths. In return, the United States said it would stop seeking to revoke the visas of Chinese students on U.S. college campuses. And last month, after another meeting in Geneva, the two countries had agreed to dramatically reduce massive taxes they'd slapped on each other's products, which had reached as high as 145% against China and 125% against the U.S. Those triple-digit tariffs threatened to effectively end trade between the United States and China and caused a frightening sell-off in financial markets. In Geneva, the two countries agreed to back off and keep talking: America's tariffs went back down to a still-high 30% and China's to 10%. That led to the talks in London earlier this month and to this week's announcement. Where does all this leave U.S.-China economic relations? If nothing else, the two countries are trying to ratchet down tensions after demonstrating how much they can hurt each other. 'The U.S. and China appear to be easing the chokeholds they had on each other's economies through export controls on computer chips and rare earth minerals, respectively,' said Eswar Prasad, professor of trade policy at Cornell University. 'This is a positive step but a far cry from signaling prospects of a substantial de-escalation of tariffs and other trade hostilities.'' Trump launched a trade war with China in his first term, imposing tariffs on most Chinese goods in a dispute over China's attempts to supplant U.S. technological supremacy. Trump's trade team charged that China was unfairly subsidizing its own tech companies, forcing U.S. and other foreign companies to hand over sensitive technology in exchange for access to the Chinese market and even engaging outright theft of trade secrets. The squabbling and negotiating of the past few months appear to have done little to resolve Washington's complaints about unfair Chinese trade practices and America's massive trade deficit with China, which came to $262 billion last year. This week's agreement 'includes absolutely nothing related to the U.S.'s concerns regarding China's trade surplus or non-market behavior,'' said Scott Kennedy of the Center for Strategic and International Studies. 'If the two sides can implement these elements of the ceasefire, then they could begin negotiations on issues which generated the initial escalation in tensions in the first place.'' What is happening with Trump's other tariffs? Since returning to the White House in January, Trump has made aggressive use of tariffs. In addition to his levies on China, he has imposed 'baseline'' 10% taxes on imports from every country in the world . And he's announced even higher taxes — so-called reciprocal tariffs ranging from 11% to 50% — on countries with which the United States runs a trade deficit. But after financial markets sank on fears of massive disruption to world trade, Trump suspended the reciprocal levies for 90 days to give countries a chance to negotiate reductions in their barriers to U.S. exports. That pause lasts until July 8. On Friday, Bessent told Fox Business Network that the talks could extend beyond the deadline and be 'wrapped up by Labor Day'' Sept. 1 with 10 to 12 of America's most important trading partners. Trump further played down the July 8 deadline at a White House press conference Friday by noting that negotiations are ongoing but that 'we have 200 countries, you could say 200 countries-plus. You can't do that.' Instead of new trade deals, Trump said his administration would in coming days or weeks send out a letter where 'we're just gonna tell them what they have to pay to do business in the United States.'' Separately, Trump took sudden aim at Canada Friday, saying on social media that he's immediately suspending trade talks with that country over its plan to impose a tax on technology firms next Monday. Trump called Canada's digital services tax 'a direct and blatant attack on our country.' The digital services tax will hit companies like Amazon, Google, Meta, Uber and Airbnb with a 3% levy on revenue from Canadian users. It will apply retroactively, leaving U.S. companies with a $2 billion bill due at the end of the month. ____ AP Writers Didi Tang and Will Weissert in Washington contributed to this report.
Fox News
13 minutes ago
- Fox News
JD Vance poised to clinch victory for Trump's landmark bill as GOP finalizes strategy
Vice President JD Vance could deliver the tie-breaking vote in the U.S. Senate for President Donald Trump's "big, beautiful, bill" should it fail to receive enough support from Republican lawmakers. Republicans are scrambling to reform and pass the measure ahead of Trump's July 4 deadline after Senate Parliamentarian Elizabeth MacDonough's determination Thursday that several Medicaid reforms in the sweeping tax and domestic policy package did not follow Senate rules and must be removed. As president of the Senate, the vice president casts a tie-breaking vote when a measure fails to receive majority support. There are 53 Republicans in the Senate, meaning three Republican senators could opt out of voting for the bill, and it could still pass with Vance's support. Vance has previously cast tie-breaking votes in the Senate, including in January to confirm Trump's pick for Secretary of Defense, Pete Hegseth, and on a measure in April to curb Trump's ability to impose global tariffs. Vance's office declined to provide comment to Fox News Digital. Republican lawmakers who've historically voiced concerns about certain Medicaid provisions included in the "big, beautiful, bill" include senators Susan Collins of Maine, Josh Hawley of Missouri and Lisa Murkowski of Alaska. These lawmakers have cautioned that the reforms would prove detrimental to rural hospitals in their states. Spokespeople for Collins, Hawley and Murkowski did not immediately respond to a request for comment from Fox News Digital. The domestic policy package also included provisions to beef up border security and would also make permanent the 2017 Tax Cuts and Jobs Act from Trump's first term. The White House's Office of Management and Budget Director Russell Vought told lawmakers earlier this month failure to pass the measure would result in a 60% tax hike for Americans and would trigger a recession. As a result, Matt Wolking, who previously served as the deputy communications director for Trump's 2020 campaign, said Senate Republicans will ultimately band together to approve the legislation to prevent the tax cuts from expiring. "Senate Republicans don't want to be responsible for the massive tax increase on the middle class that will occur if they fail to extend President Trump's tax cuts. So, ultimately, they will get this done," Wolking, currently with GOP consulting firm Axiom Strategies, said in a statement to Fox News Digital. "President Trump has a big asset in these negotiations with JD Vance, and whether he is needed to break a tie or not, the administration will have another major win under its belt heading into the midterm elections where the strength of the economy will be a big factor," Wolking said. Earlier this month, Vance met with Republican senators to discuss the measure during a closed-door lunch and said afterward he was hopeful about the odds of passing the legislation on time. "I mean, look, I can't make any promises. … I can't predict the future, but I do think that we're in a good place to get this done by the July 4 recess," Vance told reporters June 17. Vance also told reporters that despite concerns from lawmakers, including Collins, regarding certain Medicaid provisions included in the measure, he would work to address any issues raised. Still, he said there was broad agreement within the party on reforming Medicaid to block access for illegal immigrants. "They're all very confident we're eventually going to get there," Vance said. The House narrowly passed its version of the measure in May by a 215-214 margin, with two Republicans voting against the legislation. Trump urged lawmakers to get the legislation to the finish line Thursday, labeling the measure the "single-most important piece of border legislation ever to cross the floor of Congress." "This is the ultimate codification of our agenda to — very simply, a phrase that's been used pretty well by me over the past 10 years, but maybe even before that — make America great again," Trump said at a "One, Big, Beautiful Event" at the White House Thursday.
Bloomberg
15 minutes ago
- Bloomberg
Trump Says He'll Pick a Fed Chair Who Wants to Cut Rates
President Donald Trump said he will pick a successor for Federal Reserve Chair Jerome Powell who wants to cut interest rates, a condition that would strike at the heart of the central bank's independence. 'If I think somebody's going to keep the rates where they are or whatever, I'm not going to put them in. I'm going to put somebody that wants to cut rates. There are a lot of them out there,' Trump told reporters Friday.
