
Friday Briefing: A White House Shake-Up
President Trump announced yesterday that he was removing his national security adviser, Michael Waltz, naming Secretary of State Marco Rubio as his interim replacement. It was the first major personnel overhaul of top White House aides, and the kind of move he had wanted to avoid in his second term.
Waltz had been on thin ice since he organized a group chat on the app Signal to discuss a sensitive military operation in Yemen and accidentally included a journalist. Trump has nominated Waltz to be U.S. ambassador to the U.N.
But even before the group chat leak, most of Trump's advisers viewed Waltz as too hawkish to work for a president who was eager to reach a nuclear deal with Iran and normalize relations with Russia.
Rubio will hold both positions for now, something that no other official has done simultaneously since Henry Kissinger held the titles under the Nixon and Ford administrations.
What's next: The selection of the next national security adviser will be a critical one, at a moment when the president's top aides have differed sharply on how to handle China, Russia and Iran.
More on Trump
Here's what's in the Ukraine-U.S. minerals deal
The U.S. and Ukraine signed a deal late Wednesday allowing the U.S. to receive future revenue from Ukraine's natural resources. Ukraine hopes it will clear the way for continued U.S. support.
The agreement, the text of which was made public yesterday, did not mention security guarantees, which Kyiv had wanted. Under this bargain, U.S. military aid in the future would have to be matched with Ukraine's resource wealth. The deal also appears to keep the door open for Ukraine to eventually join the E.U. Here's what we know.
What's next: Ukraine's parliament still has to ratify the agreement, which will probably happen in the next two weeks, lawmakers said yesterday.
Analysis: It's not clear how the deal will work in practice. It could bring untold money into a joint investment fund, but the resources will take years to extract and yield profits.
Working to calm India-Pakistan tensions
Secretary of State Marco Rubio on Wednesday spoke separately with Pakistan's prime minister and India's foreign minister as tensions soared after a terrorist attack last week in Kashmir left 26 people dead. Rubio said the U.S. was committed to 'cooperation with India against terrorism,' but urged the two countries, which are both nuclear powers, to work together. The U.N. offered to mediate.
Pakistan has claimed it has 'credible intelligence' that India is planning to attack, and promised a forceful response. India has not commented on any such plans.
Kashmir: A tourist on a zip-line filmed the attack. See the video and read more about the territory.
Earlier this year, a diver found the 2,000-pound carcass of a baby gray whale in the waters off San Diego. Just a few weeks later, it had vanished. Where did it go?
Lives lived: Ted Kotcheff, a Canadian director whose films included 'First Blood' with Sylvester Stallone and 'Weekend at Bernie's,' died at 94.
Screen stars are up for Broadway's highest honor
Tony Award nominations were announced yesterday, as Broadway celebrated an unusually starry season. George Clooney, Mia Farrow, Sarah Snook and Sadie Sink all picked up nominations.
But many A-listers didn't get in the game — among them Denzel Washington and Jake Gyllenhaal, who both got shut out for 'Othello.' The winners will be announced June 8. Read about the picks, and the snubs and surprises.
Cook: These classic sesame noodles are better than takeout.
Read: Our critics preview 24 new books coming out this month.
Watch: The alien-invasion series 'The Eternaut' gives new life to a 1950s comic strip from Argentina.
Move: Sitting all day is hard on your hips. Try this simple routine for better mobility.
Travel: These tips will help you save time and money at the airport.
Game: Despelote revisits Ecuador's 2001 soccer frenzy from a child's perspective.
Play: Spelling Bee, the Mini Crossword, Wordle and Sudoku. Find all our games here.
That's it for today. Have a good weekend. — Emmett
P.S. On Day 4 of our poetry challenge, use the verse to greet the day.
We welcome your feedback. Send us your suggestions at briefing@nytimes.com.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
7 minutes ago
- Yahoo
US-EU trade deal wards off further escalation but will raise costs for companies, consumers
FRANKFURT, Germany (AP) — President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal that imposes 15% tariffs on most European goods, warding off Trump's threat of a 30% rate if no deal had been reached by Aug. 1. The tariffs, or import taxes, paid when Americans buy European products could raise prices for U.S. consumers and dent profits for European companies and their partners who bring goods into the country. Here are some things to know about the trade deal between the United States and the European Union: What's in the agreement? Trump and von der Leyen's announcement, made during Trump's visit to one of his golf courses in Scotland, leaves many details to be filled in. The headline figure is a 15% tariff rate on 'the vast majority' of European goods brought into the U.S., including cars, computer chips and pharmaceuticals. It's lower than the 20% Trump initially proposed, and lower than his threats of 50% and then 30%. Von der Leyen said the two sides agreed on zero tariffs on both sides for a range of 'strategic' goods: Aircraft and aircraft parts, certain chemicals, semiconductor equipment, certain agricultural products, and some natural resources and critical raw materials. Specifics were lacking. She said the two sides 'would keep working' to add more products to the list. Additionally, the EU side would purchase what Trump said was $750 billion (638 billion euros) worth of natural gas, oil and nuclear fuel to replace Russian energy supplies, and Europeans would invest an additional $600 billion (511 billion euros) in the U.S. What's not in the deal? Trump said the 50% U.S. tariff on imported steel would remain; von der Leyen said the two sides agreed to further negotiations to fight a global steel glut, reduce tariffs and establish import quotas — that is, set amounts that can be imported, often at a lower rate. Trump said pharmaceuticals were not included in the deal. Von der Leyen said the pharmaceuticals issue was 'on a separate sheet of paper' from Sunday's deal. Where the $600 billion for additional investment would come from was not specified. And von der Leyen said that when it came to farm products, the EU side made clear that 'there were tariffs that could not be lowered,' without specifying which products. What's the impact? The 15% rate removes Trump's threat of a 30% tariff. It's still much higher than the average tariff before Trump came into office of around 1%, and higher than Trump's minimum 10% baseline tariff. Higher tariffs, or import taxes, on European goods mean sellers in the U.S. would have to either increase prices for consumers — risking loss of market share — or swallow the added cost in terms of lower profits. The higher tariffs are expected to hurt export earnings for European firms and slow the economy. The 10% baseline applied while the deal was negotiated was already sufficiently high to make the European Union's executive commission cut its growth forecast for this year from 1.3% to 0.9%. Von der Leyen said the 15% rate was 'the best we could do' and credited the deal with maintaining access to the U.S. market and providing 'stability and predictability for companies on both sides.' What is some of the reaction to the deal? German Chancellor Friedrich Merz welcomed the deal which avoided 'an unnecessary escalation in transatlantic trade relations" and said that 'we were able to preserve our core interests,' while adding that 'I would have very much wished for further relief in transatlantic trade.' The Federation of German Industries was blunter. "Even a 15% tariff rate will have immense negative effects on export-oriented German industry," said Wolfgang Niedermark, a member of the federation's leadership. While the rate is lower than threatened, "the big caveat to today's deal is that there is nothing on paper, yet," said Carsten Brzeski, global chief of macro at ING bank. 'With this disclaimer in mind and at face value, today's agreement would clearly bring an end to the uncertainty of recent months. An escalation of the US-EU trade tensions would have been a severe risk for the global economy," Brzeski said. 'This risk seems to have been avoided.' What about car companies? Asked if European carmakers could still sell cars at 15%, von der Leyen said the rate was much lower than the current 27.5%. That has been the rate under Trump's 25% tariff on cars from all countries, plus the preexisting U.S. car tariff of 2.5%. The impact is likely to be substantial on some companies, given that automaker Volkswagen said it suffered a 1.3 billion euro ($1.5 billion) hit to profit in the first half of the year from the higher tariffs. Mercedes-Benz dealers in the U.S. have said they are holding the line on 2025 model year prices 'until further notice.' The German automaker has a partial tariff shield because it makes 35% of the Mercedes-Benz vehicles sold in the U.S. in Tuscaloosa, Alabama, but the company said it expects prices to undergo 'significant increases' in coming years. What were the issues dividing the two sides? Before Trump returned to office, the U.S. and the EU maintained generally low tariff levels in what is the largest bilateral trading relationship in the world, with some 1.7 trillion euros ($2 trillion) in annual trade. Together the U.S. and the EU have 44% of the global economy. The U.S. rate averaged 1.47% for European goods, while the EU's averaged 1.35% for American products, according to the Bruegel think tank in Brussels. Trump has complained about the EU's 198 billion-euro trade surplus in goods, which shows Americans buy more from European businesses than the other way around, and has said the European market is not open enough for U.S.-made cars. However, American companies fill some of the trade gap by outselling the EU when it comes to services such as cloud computing, travel bookings, and legal and financial services. And some 30% of European imports are from American-owned companies, according to the European Central Bank. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


New York Post
8 minutes ago
- New York Post
NYC's ‘We're With Colbert' rally for late-night host is a bust with just 20 protesters
What a joke. A Big Apple rally in support of on-his-way-out 'Late Show' host Stephen Colbert drew fewer than two dozen people Sunday — with even the NYPD cops on scene quickly calling it a day since most of the demonstrators left after just a few minutes. Organizers said the 'We're With Colbert' gathering outside the CBS Broadcast Center on Manhattan's West Side said it was meant to be part of a nationwide call for 'integrity.' Advertisement 4 Demonstrators gather outside CBS' offices in Manhattan on Sunday to protest the end of the 'Late Show' with Stephen Colbert. REUTERS 4 Colbert was told this was his last season on CBS, sparking controversy on both sides. CBS 'Our country is not perfect, never has been,' said the event's organizer, who would only identify himself as Matt and said his nickname is 'Slim.' Advertisement 'But we've always had the First Amendment, and now Mango Mussolini is trying to take that from us,' he said, referring to a derogatory nickname for President Trump. CBS said declining viewership and diminishing profits led to its decision to end the show in May 2026, effectively firing the 61-year-old talk-show host Colbert — but critics claim the network bowed to pressure from Trump. 4 CBS officials said the decision to fire Colbert was the result of growing costs and diminishing viewership. Luiz C. Ribeiro for New York Post 4 The number of protesters at Sunday's 'We're With Colbert' rally topped off at about 20 at its peak. REUTERS Advertisement CBS's parent company finalized an $8.4 billion merger with Skydance Media shortly after Colbert was told he was on his last season. The merger required federal approval. Colbert has also been among the top talk-show hosts who routinely roast Trump. 'This is a First Amendment attack,' a protester who refused to give her name said of the closing-down of the show. 'We can't stand for that.' Advertisement Still, Colbert has also come under fire for featuring predominantly lefty-leaning guests. According to the right-leaning group MRC NewsBusters, Colbert has had 176 liberal guests and only one Republican on his show since 2022.


The Hill
8 minutes ago
- The Hill
US-EU trade deal wards off further escalation but will raise costs for companies, consumers
FRANKFURT, Germany (AP) — President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal that imposes 15% tariffs on most European goods, warding off Trump's threat of a 30% rate if no deal had been reached by Aug. 1. The tariffs, or import taxes, paid when Americans buy European products could raise prices for U.S. consumers and dent profits for European companies and their partners who bring goods into the country. Here are some things to know about the trade deal between the United States and the European Union: What's in the agreement? Trump and von der Leyen's announcement, made during Trump's visit to one of his golf courses in Scotland, leaves many details to be filled in. The headline figure is a 15% tariff rate on 'the vast majority' of European goods brought into the U.S., including cars, computer chips and pharmaceuticals. It's lower than the 20% Trump initially proposed, and lower than his threats of 50% and then 30%. Von der Leyen said the two sides agreed on zero tariffs on both sides for a range of 'strategic' goods: Aircraft and aircraft parts, certain chemicals, semiconductor equipment, certain agricultural products, and some natural resources and critical raw materials. Specifics were lacking. She said the two sides 'would keep working' to add more products to the list. Additionally, the EU side would purchase what Trump said was $750 billion (638 billion euros) worth of natural gas, oil and nuclear fuel to replace Russian energy supplies, and Europeans would invest an additional $600 billion (511 billion euros) in the U.S. What's not in the deal? Trump said the 50% U.S. tariff on imported steel would remain; von der Leyen said the two sides agreed to further negotiations to fight a global steel glut, reduce tariffs and establish import quotas — that is, set amounts that can be imported, often at a lower rate. Trump said pharmaceuticals were not included in the deal. Von der Leyen said the pharmaceuticals issue was 'on a separate sheet of paper' from Sunday's deal. Where the $600 billion for additional investment would come from was not specified. And von der Leyen said that when it came to farm products, the EU side made clear that 'there were tariffs that could not be lowered,' without specifying which products. What's the impact? The 15% rate removes Trump's threat of a 30% tariff. It's still much higher than the average tariff before Trump came into office of around 1%, and higher than Trump's minimum 10% baseline tariff. Higher tariffs, or import taxes, on European goods mean sellers in the U.S. would have to either increase prices for consumers — risking loss of market share — or swallow the added cost in terms of lower profits. The higher tariffs are expected to hurt export earnings for European firms and slow the economy. The 10% baseline applied while the deal was negotiated was already sufficiently high to make the European Union's executive commission cut its growth forecast for this year from 1.3% to 0.9%. Von der Leyen said the 15% rate was 'the best we could do' and credited the deal with maintaining access to the U.S. market and providing 'stability and predictability for companies on both sides.' What is some of the reaction to the deal? German Chancellor Friedrich Merz welcomed the deal which avoided 'an unnecessary escalation in transatlantic trade relations' and said that 'we were able to preserve our core interests,' while adding that 'I would have very much wished for further relief in transatlantic trade.' The Federation of German Industries was blunter. 'Even a 15% tariff rate will have immense negative effects on export-oriented German industry,' said Wolfgang Niedermark, a member of the federation's leadership. While the rate is lower than threatened, 'the big caveat to today's deal is that there is nothing on paper, yet,' said Carsten Brzeski, global chief of macro at ING bank. 'With this disclaimer in mind and at face value, today's agreement would clearly bring an end to the uncertainty of recent months. An escalation of the US-EU trade tensions would have been a severe risk for the global economy,' Brzeski said. 'This risk seems to have been avoided.' What about car companies? Asked if European carmakers could still sell cars at 15%, von der Leyen said the rate was much lower than the current 27.5%. That has been the rate under Trump's 25% tariff on cars from all countries, plus the preexisting U.S. car tariff of 2.5%. The impact is likely to be substantial on some companies, given that automaker Volkswagen said it suffered a 1.3 billion euro ($1.5 billion) hit to profit in the first half of the year from the higher tariffs. Mercedes-Benz dealers in the U.S. have said they are holding the line on 2025 model year prices 'until further notice.' The German automaker has a partial tariff shield because it makes 35% of the Mercedes-Benz vehicles sold in the U.S. in Tuscaloosa, Alabama, but the company said it expects prices to undergo 'significant increases' in coming years. What were the issues dividing the two sides? Before Trump returned to office, the U.S. and the EU maintained generally low tariff levels in what is the largest bilateral trading relationship in the world, with some 1.7 trillion euros ($2 trillion) in annual trade. Together the U.S. and the EU have 44% of the global economy. The U.S. rate averaged 1.47% for European goods, while the EU's averaged 1.35% for American products, according to the Bruegel think tank in Brussels. Trump has complained about the EU's 198 billion-euro trade surplus in goods, which shows Americans buy more from European businesses than the other way around, and has said the European market is not open enough for U.S.-made cars. However, American companies fill some of the trade gap by outselling the EU when it comes to services such as cloud computing, travel bookings, and legal and financial services. And some 30% of European imports are from American-owned companies, according to the European Central Bank.