Rising: July 25, 2025
Robby Soave delivers radar on The New York Times backtracking, now urging people not to shun their right-wing family.
Trump reveals Ukraine weapons plan, ramps up pressure on Russia | RISING
Robby Soave and Lindsey Granger weigh in on President Trump's new deadline for Russia to reach peace with Ukraine.
Elmo's X account goes off the rails; Sesame Street producers say character was hacked | RISING
Robby Soave and Lindsey Granger react to Elmo's X account being hacked and posting antisemitic slurs.
Trump assault on public media funding dangerous to safety, US Democracy: Lindsey Granger | RISING
Lindsey Granger delivers a monologue on the Republican effort to stop federal funding for the public media.
Biden blasts Trump, responds to claims he was not in control of pardons signed by autopen | RISING
Robby Soave and Lindsey Granger discuss former President Biden's first comments on the autopen debacle.
Billionaire astronaut Jared Isaacman dropped from leading NASA after Trump-Musk breakup | RISING
Free Press reporter Gabe Kamisky elaborates on his reporting of Elon Musk ally and billionaire astronaut Jared Isaacman having his nomination to be NASA chief stripped.
Bill Maher, actor John Leguizamo clash over immigration, Trump | RISING
Robby Soave and Lindsey Granger weigh in on Bill Maher and actor John Liguizamo debating immigration.
Andrew Cuomo running for NYC mayor as independent | RISING
Robby Soave and Lindsey Granger react to former New York Gov. Andrew Cuomo announcing his candidacy for NYC mayor as an independent.
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Yahoo
10 minutes ago
- Yahoo
Trump deal with Europe underlines new standard of (at least) 15% tariffs
President Trump and European Commission President Ursula von der Leyen announced a trade deal Sunday with a range of somewhat vague plans for energy purchases and open markets but one thing crystal clear: a tariff rate of 15% on European goods. It's the latest example of a new tariff floor for Trump that has been backed by other recent deals and letters, including one with Japan this past week that also saw a 15% rate. "We'll have a straight simple tariff of anywhere between 15% and 50%," Trump asserted. Both Trump and von der Leyen highlighted the 15% rate Sunday after their meeting in Scotland. Trump claimed a 'straight-across tariff of 15%' for 'automobiles and everything else,' adding that US exports to Europe would face a 0% rate. Von der Leyen confirmed the 15% tariffs 'across the board and inclusive," adding that it would bring stability and predictability to US-Europe relations. Trump added that the deal includes hundreds of billions of dollars in new EU purchases of U.S. energy as well as military equipment. The 15% rate may get a mixed reaction in Europe after negotiators had previously pushed for free trade (or more recently a 10% rate), but it's a halving from the 30% tariffs Trump promised in a letter earlier this month. Sunday's agreement with the European Union — America's largest trading partner — comes following agreements with Vietnam, the Philippines, and Indonesia with saw tariff rates of between 19% and 20%. Only one negotiation has seen Trump agree to a tariff below 15% — a pact with the UK in May — with Treasury Secretary Scott Bessent writing earlier this month, "usually the first person who makes a deal makes the best deal." Some details unclear Trump also said Sunday that many of the remaining countries facing a deadline of August 1 would face a letter dictating rates, saying they would be be 'very universal for most' and that the European deal is 'the big one.' The president said three to four additional countries could be in for deals in the the coming days while most nations would simply get letters. In any case, the 15% baseline is a shift — even from recent weeks. Trump earlier this month said that many countries would see a rate of 'probably 10% or 15%, we haven't decided yet.' Even last Sunday, Commerce Secretary Howard Lutnick told CBS: "You should assume that the small countries... will have a baseline tariff of 10%." This new standard is also notable fulfillment of an oft-made campaign trail promise that saw the then-candidate pledge to create a "ring around the collar" of the US economy with a blanket rate of between 10% and 20%. Fulfilling that pledge — which was often dismissed as unrealistic at the time — has now become not only accepted but even a plus for markets after six months of Trump's second term have seen threats of higher duties that have reordered world trade actions. The recent announcement of the deal with Japan with a 15% tariff on goods like autos was welcomed by traders and helped fuel rises in US markets as well as the Japanese Nikkei 225, which immediately surged on the news. Japanese automakers in particular saw a jump after that deal as those companies celebrated a lowering of auto tariffs from 25% to 15%. European automakers now find themselves in a similar position. Trump, meanwhile, says he has no plans to amended his other sector specific tariffs as part of the European Union deal — even as Von der Leyen called the 15% tariffs 'inclusive." There are 50% tariffs currently levied on steel and aluminum (with planned duties at the same rate on copper), and Trump said Sunday that those tariffs are a "worldwide thing that stays the way it is." Trump also reiterated his promises of sectoral tariffs on semiconductors and pharmaceuticals to be rolled out, which could be much higher than 15% — unless Europe gets a carveout. Also on Sunday, Commerce Secretary Howard Lutnick said that a new semiconductor tariffs are nearly ready and would be unveiled in about "two weeks time." Ben Werschkul is a Washington correspondent for Yahoo Finance. Click here for political news related to business and money policies that will shape tomorrow's stock prices Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Bloomberg
11 minutes ago
- Bloomberg
The Impact of President Trump's Trade War May Be Worse Than You Think
Never miss an episode. Follow The Big Take daily podcast today. For months, the impact of President Trump's aggressive trade policy has largely felt theoretical. But with an Aug. 1 tariff extension on the horizon and a consequential week ahead for the president's broader economic agenda, the cracks are beginning to show.
New York Post
12 minutes ago
- New York Post
The joke goes ‘who's buried in Grant's Tomb?' but NYers can't agree on the punchline
Don't take a good joke for Grant-ed. Most people have heard the joke 'who's buried in Grant's Tomb?' but New Yorkers and tourists at the famous Morningside Heights landmark this week couldn't agree what the punchline is. The obvious answer is the so-obvious-it-can't-be-correct 'Grant' as in Civil War general and former US President Ulysses S. Grant. But maybe it's also 'Grant and his wife' — or no one at all. Advertisement 8 Most people have heard the joke 'who's buried in Grant's Tomb?' but New Yorkers and tourists at the famous Morningside Heights landmark couldn't agree on what the punchline is. Robert Miller 8 A group about to go on a tour of Grant's Tomb, located in Riverside Park, Upper West Side. Robert Miller 'Actually, he's entombed. He's not buried!' said S.F., who was visiting the tomb on the Upper West Side on July 23, the 140th anniversary of Grant's death. Advertisement 'It's Grant and his wife, Julia,' S.F. added. 'I don't know whether his dog is in there or not.' 'Definitely not Grant, but somebody,' joked Abdullah Hashimi, 19, who was visiting the tomb from nearby Columbia University on July 23, the 140th anniversary of Grant's death. 'Just because it's Grant Tomb, it could be anybody!' 8 'Definitely not Grant, but somebody,' joked Abdullah Hashimi, 19, who was visiting the tomb from nearby Columbia University on the 140th anniversary of Grant's death. 'Just because it's Grant Tomb, it could be anybody!' Robert Miller Lifelong New Yorker Pat Sopak, 75, said the punchline has changed over the years — to maximize it's punch. Advertisement 'It's too weird. It's obvious,' Sopak said. 'It's constantly updating.' Grant was a Republican from Ohio, but lived in the Big Apple for several years. The former Union Army hero's 1885 funeral was reportedly attended by 1.5 million at a time when the city's entire population was 2 million. 8 'It's too weird. It's obvious,' Pat Sopak, 75, said about the punchline. 'It's constantly updating.' Robert Miller 8 Inside Grant's Tomb, a 150-foot-tall monument in Riverside Park that opened on April 27, 1897, after fundraising from the Grand Monument Association. Robert Miller Advertisement 8 The 1885 funeral was reportedly attended by 1.5 million. Robert Miller But the 150-foot-tall monument in Riverside Park didn't open until April 27, 1897, after a fundraising effort by the Grand Monument Association. Today it attracts about 110,000 visitors per year and is run by the National Parks Service. Park Ranger Miranda Allen said she's asked about 'who's buried in Grant's tomb' nearly everyday. She attributed its origins to 'You Bet Your Life,' the Groucho Marx-hosted quiz show from the 1950s and said it was written as an easy question for Marx's contestants who might need redemption. 8 Park Ranger Miranda Allen said she's asked about the joke nearly everyday. Robert Miller 8 'In order to be buried, you have to be in the ground,' Allen said. 'Since the remains are in sarcophagi, so they're actually above ground. So no one is buried in Grant's Tomb,' she said, joking the correct answer is 'no one.' Robert Miller 'However, they didn't consider the semantics of the question when they wrote it. So, when you're asked 'who's buried in Grant's Tomb?' it's easy to assume, well, it's Grant. Sometimes we'll get 'well, actually it's Grant and his wife.'' Advertisement Allen said the joke's on them though — the correct answer really is 'no one.' 'Because in order to be buried, you have to be in the ground.' Allen said. 'And given that this is a mausoleum, since the remains are in sarcophagi, so they're actually above ground. So no one is buried in Grant's Tomb.'
