USDA Announces Reorganization Plan to Slash Washington Staff by Over 50 Percent
Agriculture Secretary Brooke Rollins announced the reorganization plan in a July 24 memo, which lays out plans to cut the department's D.C.-area staff from about 4,600 to fewer than 2,000 employees.
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Thailand-U.S. trade talks should be concluded before August 1, minister says
BANGKOK (Reuters) -Thailand's trade talks with the United States are expected to be concluded before August 1, and U.S. tariffs on the country are not expected to be as high as 36%, its finance minister said on Tuesday. The United States was Thailand's largest export market last year, accounting for 18.3% of total shipments, or $54.96 billion. Washington has put its deficit with Thailand at $45.6 billion. Thailand is ready to negotiate and its proposal remains the same, Finance Minister Pichai Chunhavajira told reporters. "The United States has already opened the way for further negotiations, and we will continue the discussions," he said. Asked whether the talks could be done before the August 1 deadline, Pichai said, "Yes, it can be done in time. We're definitely ready and now we'll see how the U.S. decides." U.S. tariffs on Thailand could be announced on August 1 or August 2, Pichai said. "This is roughly where things stand. I think it's very close now," he added. "I believe we definitely should not face 36%." Earlier this month, Pichai said the country made more concessions in addition to an earlier improved trade proposal that offered zero tariffs on many U.S. products. He said U.S. tariff rates on Thailand are expected to align with other countries in the region. Vietnam and Indonesia now face U.S. tariffs of 20% and 19%, respectively, significantly lower than the levels announced in April.
Yahoo
10 minutes ago
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'Yikes': Critics Claim Trump Let Out Epic 'Freudian Slip' About Jeffrey Epstein
President Donald Trump on Monday denied ever visiting a private island belonging to late sex offender and his former friend Jeffrey Epstein. But Trump's critics are focusing on two unusual words he used when describing a potential trip to the infamous island: 'the privilege.' Trump was asked about why he kicked Epstein out of his private club some two decades ago, after the two had a falling out and before Epstein's first conviction in 2008. The president called it 'such old history' and said Epstein 'did something that was inappropriate.' The 'inappropriate' behavior was hiring some of Trump's staff. 'He stole people that work for me,' Trump said. 'I said, 'Don't ever do that again.' He did it again, and I threw him out of the place. Person non grata. I threw him out, and that was it. I'm glad I did.' But then he added unprompted that he never visited Little Saint James, Epstein's private island in the U.S. Virgin Islands and one alleged scene in his child sex trafficking operation. 'And by the way, I never went to the island,' Trump said, while accusing others of doing so. 'I've, I never had the privilege of going to his island.' The island is just one of the homes owned by Epstein; many of the abuse allegations the late financier was charged with took place in Palm Beach, Florida, as The Miami Herald reported in 2018. 'Authorities suspect that he molested hundreds of girls over a five- or six-year period in Palm Beach alone and possibly operated an international sex-trafficking organization around the world,' Miami Herald reporter Julie K. Brown told NPR. And it was the president's two words about the island that drew criticism on social media, with many shocked he would refer to 'the privilege' of visiting it while denying he had done so: They're calling it the most well handled freudian slip in history — Isaac (@GalaxyPeaBrain) July 28, 2025 'I never had the privilege of going to Epstein Island.' - TrumpYikes man. — Spencer Hakimian (@SpencerHakimian) July 28, 2025 top 3 freudian slip in history? — brandon* (@brndxix) July 28, 2025 Let's get Trump's position on Epstein straight:> Going to the sex-trafficking island would have been a "privilege."> The REAL crime Epstein committed was poaching his man is a monster and a moron. — Adam Mockler🇺🇸🦅 (@adammocklerr) July 28, 2025 I'm so tired, dude. 🙃 If a serial killer Freudian slipped up like this during an FBI interview, they'd call it a confession. He can literally just say whatever he wants, and there will never ever ever ever be consequences. This is fucked up and weird, and nothing will happen. — 🎃☠️ Scarlet Whit🦇🕸 (@WhitneyPuppy) July 28, 2025 This guy sus as hell.. — Rep. Jimmy Gomez (@RepJimmyGomez) July 28, 2025 In this clip, Donald Trump says he 'never had the 'privilege' of going to Epstein Island.'NEVER HAD THE PRIVILEGE?WHAT? — Lucas Sanders 💙🗳️🌊💪🌈🚺🟧 (@LucasSa56947288) July 28, 2025 Today Trump said 'I never had the privilege of going to [Epstein's] island.' So now everyone should be looking into if/when Trump went to the can we all agree that the way Trump said this was beyond disturbing?Don't forget to subscribe: — Scott Dworkin (@funder) July 29, 2025 We live in a world where the sitting president can say 'I never had the PRIVILEGE of going to the evil ass pedophile super rape island' and nobody bats an eye — Wemby Central 👽 (@WembyCentral) July 28, 2025 'I never had the privilege of going to the island' and 'I turned it down' … are in direct conflict. Incredible that these are sentences come one after the not sure I'd call going to an island where crimes against children took place a 'privilege' — Brandon Richards 🐻 (@BrandonRichards) July 28, 2025 Trump on Epstein: I never went to the island. I never had the privilege of going to the island. I turned it — Republicans against Trump (@RpsAgainstTrump) July 28, 2025 The 'privilege'? — B.W. Carlin (@BaileyCarlin) July 28, 2025 "The privilege" is crazy. — The Lincoln Project (@ProjectLincoln) July 28, 2025 'Privilege' — Static (@MightBeStatic) July 28, 2025 All the "best" words: In an insane moment, Donald Trump appears to lament with the most bizarre choice of words, saying "I never had the privilege of going to his island."He called a trip to Epstein's Island "a privilege." — Really American 🇺🇸 (@ReallyAmerican1) July 28, 2025
Yahoo
10 minutes ago
- Yahoo
UBS orders bankers to scale back sale of complex currency products, FT reports
(Reuters) -UBS has ordered bankers to scale back sales of complex currency derivatives after its clients suffered heavy losses due to U.S. President Donald Trump's "Liberation day" tariff announcements, the Financial Times reported on Tuesday. Reuters could not immediately verify the report. UBS did not immediately respond to a request for comment. 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
