Trump urged to aid Yemen's anti-Houthi forces as terror group escalates attacks on shipping
Walid Phares, a leading American expert on the Middle East, told Fox News Digital that regarding "negotiations with Hamas and the regime in Tehran, in my view, Iran is simply buying time to rearm and resume its regional expansion."
Phares said if the talks fail, there is a need "to reassemble a ground force comprised of units loyal to the legitimate Yemeni government (now in exile in Aden), and—crucially—the Southern Transitional Council (STC), whose forces are based in the Aden region and maintain frontlines adjacent to Houthi-controlled territory. Notably, STC forces have achieved the most significant victories against the Khomeinist militias in past years."
Phares, who advised Trump when he was a candidate for president in 2016, continued, saying that "The United States should back, fund, and train these southern forces for renewed ground operations along the Red Sea coast, particularly to retake the vital port city of Hodeidah. Simultaneously, northern units loyal to the Yemeni government could advance toward the capital, Sanaa. Allied airpower would provide the necessary cover to enable a southern-northern pincer movement that could collapse the Houthi hold on Yemen and eliminate the threat entirely."
He argued that "This would pave the way for future negotiations—not with Tehran's proxies—but with a federated, pro-Western Yemeni government independent of Iranian influence. "
In May, Trump announced that after a military air campaign against the Houthi movement, saying the Houthis "just don't want to fight…and we will honor that. We will stop the bombings."
The Houthi terrorists, however, appear to have violated their pledge to Trump to stop attacks in the Red Sea.
Department of Defense spokesman Sean Parnell told Fox News Digital, "The DOD remains prepared to respond to any state or non-state actor seeking to broaden or escalate conflict in the region. Secretary Hegseth continues to make clear that, should Iran or its proxies threaten American personnel in the region, the United States will take decisive action to defend our people. We will not discuss future operations."
Fox News Digital reported on July 7 that Israel exchanged missile fire with Iran-backed Houthi rebels in Yemen on Monday, targeting the group's ports and other facilities.
Israel's initial strikes came in reaction to a suspected Houthi attack on a Liberian-flagged ship in the Red Sea. The vessel was targeted with explosives and small arms fire, causing it to take on water and forcing the crew to abandon ship. The Houthis have not yet claimed responsibility for the attack. Israel's military issued a warning prior to its attack, which targeted ports at Hodeida, Ras Isa and Salif.
"These ports are used by the Houthi terrorist regime to transfer weapons from the Iranian regime, which are employed to carry out terrorist operations against the state of Israel and its allies," the Israeli military said.
The Houthi attacks last week resulted in the sinking of the bulk carrier Magic Seas, resulting in the presumed killings of four people and 11 others who are missing, according to an AP report.
The announcement came as satellite photos show long, trailing oil slicks from where the bulk carrier Eternity C went down, and another when the Houthis sank the bulk carrier Magic Seas.
The Times of Israel reported that both ships were attacked over a week ago by the rebels as part of their campaign targeting vessels over the war in Gaza. The Houthi campaign has upended shipping in the Red Sea, through which $1 trillion of goods usually passes a year.
A spokesperson for the State Department told Fox News Digital, "The United States condemns these attacks. These recent attacks have led to the loss of life, injury to sailors, and the sinking of cargo ships.Houthi attacks continue to endanger the lives of seafarers, harm economies across the region, and risk environmental disaster."
The spokesperson added, "Global freedom of navigation and Israel have been under attack by the Houthi rebels for too long. The U.S. supports Israel's ability to exercise its right to self-defense."
After the Biden administration de-listed the Houthi movement as a foreign terrorist organization, the Trump administration swiftly restored the terrorist designation in March.
The official slogan of the Houthi movement (Ansar Allah) reads, "Allah is Greater. Death to America. Death to Israel. Curse on the Jews. Victory to Islam."
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"Some consumers have been rushing to make purchases before the tariffs take effect," an executive said on the earnings call. "In the first half of 2025, we achieved approximately 3% growth year over year, higher than the market demand with new product launches and efficient sales operations, continuing to strengthen our market presence." But that pull-forward in demand could signal weakness ahead in the months to come if trade tensions escalate again. "A rise in product costs driven by the 50% tariff on steel and reciprocal tariffs that are set to be applied in the latter half of the year could translate into greater uncertainties for the market price," the executive said. "Additionally, shifts in the US government's trade policies and weakening consumer sentiment cast doubt on the demand outlook for home appliances." This isn't the first time LG has grappled with US protectionist policies. 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"It's not a loan or anything, it's a signing bonus," Trump said. Read more here. More cracks form in the US-Japan trade agreement We detailed earlier (keep scrolling) some initial, if gentle, pushback from the Japanese side on the US portrayal of the countries' trade deal. The Financial Times has a good, detailed look at some of the "cracks" forming: Read more here (subscription required). We detailed earlier (keep scrolling) some initial, if gentle, pushback from the Japanese side on the US portrayal of the countries' trade deal. The Financial Times has a good, detailed look at some of the "cracks" forming: Read more here (subscription required). EU head to meet with Trump this weekend in bid to clinch deal Bloomberg reports that European Commission President Ursula von der Leyen will meet with President Trump this weekend as he travels to his golf club in Scotland in a bid to secure a trade deal. The meeting will come as the two sides race to secure a deal ahead of next Friday — Trump's self-imposed deadline for 30% tariffs on EU goods to kick in. On Friday, Trump put the odds of a deal at "50-50." From the report: Bloomberg reports that European Commission President Ursula von der Leyen will meet with President Trump this weekend as he travels to his golf club in Scotland in a bid to secure a trade deal. The meeting will come as the two sides race to secure a deal ahead of next Friday — Trump's self-imposed deadline for 30% tariffs on EU goods to kick in. On Friday, Trump put the odds of a deal at "50-50." From the report: Trump: 'We haven't really had a lot of luck with Canada' President Trump on Friday expressed pessimism on US trade negotiations with Canada, suggesting he may simply impose threatened 35% tariffs on Canadian goods not covered by the existing US-Canada-Mexico trade agreement. "We haven't really had a lot of luck with Canada. I think Canada could be one where there's just a tariff, not really a negotiation," he said. More from Reuters: President Trump on Friday expressed pessimism on US trade negotiations with Canada, suggesting he may simply impose threatened 35% tariffs on Canadian goods not covered by the existing US-Canada-Mexico trade agreement. "We haven't really had a lot of luck with Canada. I think Canada could be one where there's just a tariff, not really a negotiation," he said. More from Reuters: Boston Beer Company says strong profits helped brewer absorb tariff costs The Boston Beer Company (SAM) continues to feel the effects of President Trump's tariffs, but a strong quarter of sales and profit is helping the Samuel Adams brewer absorb some of those cost increases. Boston Beer expects tariffs to add about $15 million to $20 million in costs for the full year. Previously, it modeled tariff costs of $20 million to $30 million. Expect the company to raise prices by 1% to 2% to offset some of the costs as well, executives said. Boston Beer did see tariffs negatively affect its gross margin toward the end of the second quarter, but it benefited from improved brewery efficiencies. For the second quarter, the company reported profits of $5.45 per share on revenue of $625 million, versus estimates for earnings of $4.00 per share on $588 million, according to S&P Global Market Intelligence. "Right now, I think we're very happy with the performance," Boston Beer CEO Michael Spillane said on the earnings call. "Not only that, but that's allowed us to offset some of the tariffs that we've seen so far." The Boston Beer Company (SAM) continues to feel the effects of President Trump's tariffs, but a strong quarter of sales and profit is helping the Samuel Adams brewer absorb some of those cost increases. Boston Beer expects tariffs to add about $15 million to $20 million in costs for the full year. Previously, it modeled tariff costs of $20 million to $30 million. Expect the company to raise prices by 1% to 2% to offset some of the costs as well, executives said. Boston Beer did see tariffs negatively affect its gross margin toward the end of the second quarter, but it benefited from improved brewery efficiencies. For the second quarter, the company reported profits of $5.45 per share on revenue of $625 million, versus estimates for earnings of $4.00 per share on $588 million, according to S&P Global Market Intelligence. "Right now, I think we're very happy with the performance," Boston Beer CEO Michael Spillane said on the earnings call. "Not only that, but that's allowed us to offset some of the tariffs that we've seen so far." 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Reuters reports: South Korean battery firm LG Energy ( Solution warned on Friday of a further slowdown in demand by early next year due to U.S. tariffs and policy uncertainties after it posted a quarterly profit jump. Its major customers Tesla (TSLA) and General Motors (GM) warned of fallout from U.S. tariffs and legislation that will end federal subsidies for EV purchases on September 30. "US tariffs and an early end to EV subsidies will put a burden on automakers, potentially leading to vehicle price increases and a slowdown in EV growth in North America," CFO Lee Chang-sil said during a conference call. Read more here. Japan, US differ on how trade-deal profits will be split Japan said Friday that profits from the $550 billion investment deal with the US will be shared based on how much each side contributes. A government official suggested the US will also put in significant funds, but details of the scheme remain unclear. The White House had announced earlier in the week that the US would retain 90% of the profits from the $550 billion US-bound investment and loans that Japan would exchange in return for reduced tariffs on auto and other exports to the US. This would mean that returns would be split 10% for Japan and 90% for the US, according to the White House official, and that it would be "based on the respective levels of contribution and risk borne by each side." Bloomberg News reports: Read more here. Japan said Friday that profits from the $550 billion investment deal with the US will be shared based on how much each side contributes. A government official suggested the US will also put in significant funds, but details of the scheme remain unclear. The White House had announced earlier in the week that the US would retain 90% of the profits from the $550 billion US-bound investment and loans that Japan would exchange in return for reduced tariffs on auto and other exports to the US. This would mean that returns would be split 10% for Japan and 90% for the US, according to the White House official, and that it would be "based on the respective levels of contribution and risk borne by each side." Bloomberg News reports: Read more here. US business activity rises; tariffs fuel inflation concerns US business activity rose in July, but companies increased the prices for goods and services, supporting the view from economists that inflation will accelerate in the second half of 2025 and it will mainly be due to tariffs on imports. Reuters reports: Read more here. US business activity rose in July, but companies increased the prices for goods and services, supporting the view from economists that inflation will accelerate in the second half of 2025 and it will mainly be due to tariffs on imports. Reuters reports: Read more here. It sounds like Trump now has a new minimum tariff rate: 15% President Trump set a new rhetorical floor for tariffs on Wednesday night in comments in a shift that raises the president's baseline rate from 10%. Yahoo Finance's Ben Werschkul writes: Read more here. President Trump set a new rhetorical floor for tariffs on Wednesday night in comments in a shift that raises the president's baseline rate from 10%. Yahoo Finance's Ben Werschkul writes: Read more here. Keurig Dr. Pepper brewer sales volume drops 22%, CEO says tariff impacts 'will become prominent' Keurig Dr. Pepper CEO Tim Cofer said that tariffs are putting additional pressure on the company in an earnings call Thursday, especially when it comes to its coffee business, which KDP expects to be "subdued" for the remainder of the year. "Commodity inflation will build as we roll into the back half and we roll into our higher cost hedges on green coffee," Cofer said. "The tariff impacts will become prominent. And we all know that tariff situation is a bit fluid." Keurig is one of the biggest coffee importers in the US, along with Starbucks (SBUX) and Nestle (NSRGY). The US sources most of its coffee from Brazil, which is set to face 50% tariffs on its products on Aug. 1, and Colombia, which faces a tariff rate of 10%. In Keurig's coffee business, appliance volume decreased 22.6% during the quarter, reflecting impacts of retailer inventory management, and K-Cup pod volume decreased 3.7%, reflecting category elasticity in response to price increases, the company reported. "Our retail partners will likely continue to manage their inventory levels tightly, in particular on brewers," Cofer commented. "And then finally, you know we did a round of pricing at the beginning of the year. We've announced another round of pricing that will take effect next month, and we'll need to closely monitor how that elasticity evolves." Read more about Keurig earnings here. Keurig Dr. Pepper CEO Tim Cofer said that tariffs are putting additional pressure on the company in an earnings call Thursday, especially when it comes to its coffee business, which KDP expects to be "subdued" for the remainder of the year. "Commodity inflation will build as we roll into the back half and we roll into our higher cost hedges on green coffee," Cofer said. "The tariff impacts will become prominent. And we all know that tariff situation is a bit fluid." Keurig is one of the biggest coffee importers in the US, along with Starbucks (SBUX) and Nestle (NSRGY). The US sources most of its coffee from Brazil, which is set to face 50% tariffs on its products on Aug. 1, and Colombia, which faces a tariff rate of 10%. In Keurig's coffee business, appliance volume decreased 22.6% during the quarter, reflecting impacts of retailer inventory management, and K-Cup pod volume decreased 3.7%, reflecting category elasticity in response to price increases, the company reported. "Our retail partners will likely continue to manage their inventory levels tightly, in particular on brewers," Cofer commented. "And then finally, you know we did a round of pricing at the beginning of the year. We've announced another round of pricing that will take effect next month, and we'll need to closely monitor how that elasticity evolves." Read more about Keurig earnings here. The EU's Trump insurance As my colleague detailed below, EU member states voted to impose tariffs on over $100 billion of US goods from Aug. 7. The Financial Times reported that this move that allows the bloc to impose the levies quickly at any point in the future should its trade relationship with the US take a turn for the worse. From the report: Read more here (subscription required). As my colleague detailed below, EU member states voted to impose tariffs on over $100 billion of US goods from Aug. 7. The Financial Times reported that this move that allows the bloc to impose the levies quickly at any point in the future should its trade relationship with the US take a turn for the worse. From the report: Read more here (subscription required). Europe approves $100B-plus tariff backup plan A report in the Wall Street Journal on Thursday said that the European Union has now approved its retaliatory tariff package on US goods that could start in August if no trade agreement is reached. The EU announced on Wednesday that it will hit the US with 30% tariffs on over $100 billion worth of goods in the event that no deal is made and if President Trump decides to follow through with his threat to impose that rate on most of the bloc's exports after Aug. 1. The US exports, which would include goods such as Boeing (BA) aircraft, US-made cars and bourbon whiskey would all face heavy tariffs that match Trump's 30% threat. The approval of the package comes despite the growing optimism that the US and EU will reach a deal that would put baseline tariffs on the bloc at 15%, matching the level the US applied to Japan. The EU is keen to reach a deal with the US but as a cautionary measure has approved 30% tariffs if a deal is not made. A report in the Wall Street Journal on Thursday said that the European Union has now approved its retaliatory tariff package on US goods that could start in August if no trade agreement is reached. The EU announced on Wednesday that it will hit the US with 30% tariffs on over $100 billion worth of goods in the event that no deal is made and if President Trump decides to follow through with his threat to impose that rate on most of the bloc's exports after Aug. 1. The US exports, which would include goods such as Boeing (BA) aircraft, US-made cars and bourbon whiskey would all face heavy tariffs that match Trump's 30% threat. The approval of the package comes despite the growing optimism that the US and EU will reach a deal that would put baseline tariffs on the bloc at 15%, matching the level the US applied to Japan. The EU is keen to reach a deal with the US but as a cautionary measure has approved 30% tariffs if a deal is not made. Trump tariffs wreaking havoc in Brazil's citrus belt Reuters reports: Read more here. Reuters reports: Read more here.
Newsweek
17 minutes ago
- Newsweek
Donald Trump Trashed in Scotland's Biggest Newspaper: 'Menace'
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. President Donald Trump's visit to Scotland has drawn intense criticism from Scotland's largest newspaper, The Daily Record, which called him a "menace" in an editorial while also urging U.K. leaders to pursue pragmatic engagement for the sake of long-term relations. Newsweek contacted Trump's team for a response to the report via email. Why It Matters The comments come after Scottish police have told Newsweek a "significant" operation was being planned in expectation of protests against Trump during his time in Scotland, where he will visit his newest golf course. In 2018, thousands of protesters gathered when Trump visited his Scottish golf courses during his first term. President Donald Trump reacts as he plays a round of golf at Trump Turnberry golf course on July 27, 2025 in Turnberry, Scotland. President Donald Trump reacts as he plays a round of golf at Trump Turnberry golf course on July 27, 2025 in Turnberry, Scotland. Getty Images What To Know On the eve of Trump's five-day trip to Scotland, The Daily Record published a strong editorial criticizing his actions. The newspaper described Trump as a "menace who has caused chaos at home and abroad," referencing his refusal to accept defeat in the 2020 U.S. presidential election, perceived support for protesters involved in the January 6 attack on the U.S. Capitol, and his public statements regarding foreign leaders including Ukrainian President Volodymyr Zelensky and Russian President Vladimir Putin. The editorial also said that Trump's status as a "convicted felon" was contributing to Scottish protesters' outrage. Despite these criticisms, the paper urged leaders such as U.K. Prime Minister Keir Starmer and Scotland's First Minister John Swinney to maintain engagement with Trump for economic and diplomatic reasons, citing decades-long U.S.-UK security ties and potential leverage on international issues such as tariffs and foreign conflicts. What People Are Saying Sarah Malone, executive vice president of Trump International, said in a press release sent to Newsweek: "The Trump family has a deep affection for Scotland, not only as the home of golf, but as the ancestral home of President Trump's beloved mother, Mary Anne MacLeod. We are therefore delighted to confirm that we are planning the creation of a memorial garden in honor of Mary Anne MacLeod as a fitting tribute to her name and legacy." Born on the Isle of Lewis in the Outer Hebrides, MacLeod moved to the U.S. in 1930 and became a naturalized citizen in March 1942. What Happens Next Trump's visit is expected to draw protests throughout Scotland, as noted by The Daily Record. U.K. and Scottish leaders face the challenge of balancing domestic opposition to Trump's policies and character with the need to maintain and potentially strengthen critical U.S.-UK relationships.
