Oil Climbs Over 2% on Middle East Risks
Oil prices rose as missile attacks between Israel and Iran continued and traders assessed the latest remarks from President Trump on the conflict.
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Newsweek
9 minutes ago
- Newsweek
Republican Congressman Calls On Trump To Expand Work Visas
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. A Republican Congressman has called on President Donald Trump to expand work visas after the administration's back-and-forth over its immigration enforcement policy targeting farms, hotels and restaurants. Maryland Representative Andy Harris, who chairs the House Freedom Caucus, said Tuesday that the president and Congress needed to make an effort to maintain the U.S. workforce while deporting immigrants with criminal records. His comments came after Trump said Thursday that he had heard concerns about workplace raids on farms and at hospitality venues, including restaurants and hotels, signaling a pause in U.S. Immigration and Customs Enforcement (ICE) actions. This was then walked back Monday night. "There has to be an effort to figure out how to make sure that we have the workforce we need, whether it's H-2A, H-2B, whether it's, again, a different category that will result in having an adequate number of workers here in the United States to keep the economy going," Harris told reporters. "The president acknowledged it. I believe that now may be the time to have Congress, again, look at these categories, revise the categories, create new categories as necessary as the president, again, attempts to deport people who are here, especially criminals who are here illegally. Clearly, the workforce issues are significant." Why It Matters Harris's comments reflect a growing concern among the GOP that labor shortages in critical industries could worsen without reforms to temporary work visa programs. The H-2A and H-2B visas allow U.S. employers to bring in foreign workers for seasonal agricultural and non-agricultural jobs, respectively. Trump has pledged to launch the largest mass deportation effort in U.S. history as part of his strategy to tackle illegal immigration and strengthen border security. However, the proposal has raised concerns about its impact on the U.S. economy. A group of Mexican H-2A seasonal farm workers harvest cucumbers in Eastern North Carolina, June 30, 2023. Inset: U.S. Rep. Andy Harris (R-MD) leaves a House Republican caucus meeting at the U.S. Capitol on June... A group of Mexican H-2A seasonal farm workers harvest cucumbers in Eastern North Carolina, June 30, 2023. Inset: U.S. Rep. Andy Harris (R-MD) leaves a House Republican caucus meeting at the U.S. Capitol on June 04, 2025 in Washington, DC. More Milton Lindsay/What To Know According to the American Business Immigration Coalition (ABIC), agricultural production could decline by $30 billion to $60 billion if Trump's deportation policy is fully enacted, while the American Immigration Council projects that the president's mass deportation policy could carry a one-time cost of $315 billion. Trump appeared to have heard some of those concerns when he posted on Truth Social last Thursday, but the pause on ICE workplace raids was then lifted on Monday. Harris said Tuesday that the president clearly realized that deporting known illegal immigrant criminals could run in parallel to improvements to work-based visas to ensure U.S. businesses could keep running. "With an unemployment rate of 4 percent, you're not going to find American workers for a lot of these tasks," Harris said. "You haven't found them even when the unemployment rate was higher." Alongside Harris at the ABIC briefing were restaurant and farming leaders, also concerned about ICE raids, who want to see long-term solutions. The Republican said others in Congress were aware that a long-term solution was needed to make sure farm workers could continue coming to the U.S. legally and that he hoped for progress within the next year. Other recent attempts to make significant changes to U.S. immigration laws have failed, with no major changes since the early 1990s. What People Are Saying President Trump wrote on Truth Social last week: "Our great Farmers and people in the Hotel and Leisure business have been stating that our very aggressive policy on immigration is taking very good, long time workers away from them, with those jobs being almost impossible to replace." Rebecca Shi, CEO, American Business Immigration Coalition told reporters on Jun 17: "We need Congress and the administration to go further with real solutions, and that's work visas for people who've lived, worked, and pay taxes here." Matt Teagarden, CEO of Kansas Livestock Association, speaking at Tuesday's briefing: "These raids disrupt our food supply and contribute to higher food prices. In addition to the workers who have been detained, they also instill fear in these communities, even for legal workers. We're encouraged by the President's recognition of the need for a balanced approach to this issue." What Happens Next The Department of Homeland Security (DHS) has reversed last week's guidance that had temporarily halted workplace immigration raids at farms, hotels, and restaurants.
CNN
9 minutes ago
- CNN
Inside Trump's decision to bail on the G7 early: A Middle East crisis and a distaste for group projects
It only took a few hours of summitry in the Canadian woods on Monday for President Donald Trump to decide he'd rather be elsewhere. Returning to Washington on an overnight flight, Trump attributed his decision to abruptly abandon the Group of 7 summit to operational security, suggesting there could be prying ears among the fir trees listening to his secret conversations. 'I don't believe in telephones, because people like you listen to them,' he told reporters on Air Force One. 'Being on the scene is much better, and we did everything I had to do at the G7.' Everything he had to do, yes. But not quite everything his counterparts had planned for him at the first international conference of his second term, where attempts to avoid open rupture were almost immediately scuttled the moment Trump first appeared before cameras to object to an 11-year-old decision to eject Russia from the group. Back in Washington on Tuesday, Trump was planning to meet with national security officials in the White House Situation Room to discuss the situation in the Middle East. He said as he was flying home he was seeking a 'real end' to the conflict rather than a ceasefire, and described himself as 'not too much in the mood to negotiate.' His vice president wrote on X that Trump 'may decide he needs to take further action to end Iranian enrichment,' hinting at increased US involvement in the escalating Israel-Iran conflict. And Trump issued a series of afternoon posts on Truth Social that seemed to take a more menacing posture toward Iran, noting the US knew the supreme leader's location and calling for 'UNCONDITIONAL SURRENDER!' Though he initially framed his departure from Alberta as a matter of great urgency, he told reporters heading back to Washington that the picture would be clearer on Israel's intentions 'over the next two days.' If there was a imminent and specific reason for his abrupt departure, he and aides didn't reveal it. If one thing was clear, it was Trump's belief that the Middle East crisis wouldn't be resolved in the woods of Canada. Though he was surrounded by his foreign counterparts, Trump appeared to give little weight to the idea of collective action, believing instead it was his decisions – and his alone – that could determine the fate of the region. A day earlier, European leaders had been scrambling to complete a joint leaders' statement calling for de-escalation between Israel and Iran. They'd met resistance from US officials, who objected to some of the language in the draft and signaled that Trump would not sign on, officials familiar with the matter said. By the time a leaders' dinner rolled around late Monday — hours after Trump announced he would be departing a day early — some of the language in the statement had been watered down. With some urging from his counterparts over their meal, Trump said he would sign off, two US officials said. But as he returned to Washington, he seemed mostly uninterested in the details. He said he hadn't read the document. Never one for group meetings, nor particularly fond of rustic lodges, Trump had wavered on attending this week's G7 at all. Organizers took pains to adjust the schedule and expectations to meet Trump's preferences, Western officials said. Instead of a lengthy joint communiqué to issue at the summit's conclusion, shorter statements on individual topics were prepared in the hopes a few disputed lines would not scupper a broader show of unity. And instead of stacking the agenda with back-to-back group sessions, which even presidents before Trump have described as tedious, time was left for more lively one-on-ones that would allow leaders to engage Trump informally. The goal: don't let Trump get bored. That, many European officials believe, is when disaster can strike. Trump's aides said before the summit began that foreign leaders were scrambling to meet him, in part to make their case on trade deals that could avoid punishing new tariffs next month. And it did appear as if the line to engage Trump stretched well out the door of the Kananaskis Mountain Lodge. Canada's Prime Minister Mark Carney began by wishing Trump a happy birthday. Other leaders came armed with gifts. The president of the European Council, António Costa, handed Trump a Portugal shirt signed by soccer star Cristiano Ronaldo. Trade — the topic Trump came to Canada to discuss — was indeed discussed. After avoiding her for months, Trump finally sat for talks with European Commission President Ursula von der Leyen as they work out terms of a trade deal. And he was eager to showcase a new trade pact with the United Kingdom, though he mistakenly identified it as an agreement with the European Union and the papers fell all over the ground as he was showing them to reporters. 'A very important document,' Prime Minister Keir Starmer deadpanned after bending down to scoop up the signed agreement. But all of the individual attention was not enough to keep Trump in Canada. By mid-afternoon, it was clear to aides he wanted to leave early, a White House official said. The crisis in the Middle East had preoccupied the president, who constantly asked for updates amid the meetings, the official said. 'As soon as I leave here, we're going to be doing something. But I have to leave here,' he said during his appearance with Starmer, suggesting he was under pressure to depart. Trump's counterparts tried to take the news in stride. 'I am very grateful for the president's presence and I fully understand why he is leaving,' Carney said as he and Trump departed the summit's ritual family photo. French President Emmanuel Macron described Trump's early departure as a positive sign, saying there had been an offer 'to get a ceasefire and to then kick-start broader discussions' between Iran and Israel. Trump denied that as he was departing, calling Macron 'publicity seeking' and misinformed. 'Whether purposely or not, Emmanuel always gets it wrong,' Trump wrote as his plane was taxiing in Calgary, having just left Macron and the other leaders behind in the mountains. In the sky above the airport, a plane carrying Ukrainian President Volodymyr Zelensky — who had been planning to meet Trump on Tuesday — was waiting to land. The two men did not cross paths.
The Hill
9 minutes ago
- The Hill
No tax on overtime: Senate GOP's bill could limit proposed tax break
(NEXSTAR) — Last month, the House passed the 'One Big Beautiful Bill Act,' a legislative package that combines tax breaks, spending cuts, border security funding and other priorities central to President Trump's agenda. On Monday, Americans got a glimpse at the Senate GOP's version of the 'big, beautiful bill' when the Finance Committee unveiled portions of its provisions. Broadly speaking, the committee's version of the budget bill would make permanent many of the core elements of the 2017 tax cuts while scaling back additional cuts from the House's version, The Hill explained Monday. Among the provisions outlined by Senate Republicans is one targeting taxes on overtime pay. In the House bill, the tax break would remove income taxes on the overtime pay premium for over 80 million hourly workers. For qualifying overtime, this would be a temporary full deduction of the overtime pay employees receive, ending after 2027. Under the current version of the Senate's bill, however, overtime pay would be deductible up to $12,500 or $25,000 for joint filers through 2028, The Hill reports. Tax breaks on tipping and car loan interest would also be capped. A scaled-back take on the 'One Big Beautiful Bill' isn't much of a surprise; some Senate Republicans had expressed frustration over the legislation, saying it needed deeper cuts. It's worth noting that, if the no-tax-on-overtime provision remains in the bill, it would not give way to a larger paycheck after working extra hours. Instead, because it is a deduction, employees would claim the overtime pay on their taxes during the following year. Qualifying for overtime pay may even be difficult, depending on an employee's work industry. Firefighters, for example, have to work 53 hours a week before qualifying for overtime, Edward Kelly, general president for the International Association of Fire Fighters, said in a statement obtained by NBC News last month. The Tax Foundation said last year that exempting overtime from income tax, then a campaign promise of Trump's, could encourage more employees to want to work overtime hours. It could, similarly, cause employers to 'be more aggressive to contain overtime requests as total labor costs rise.' The Congressional Budget Office warned that exempting overtime pay from income taxes could lead to $124 billion in lost tax revenue. It's too soon to say how fast the bill could pass in the Senate, and what tweaks could be made. Trump's big bill is the centerpiece of his domestic policy agenda, a hodgepodge of GOP priorities all rolled into what he calls the 'beautiful bill' that Republicans are trying to swiftly pass over unified opposition from Democrats — a tall order for the slow-moving Senate. Fundamental to the package is the extension of some $4.5 trillion in tax breaks approved during Trump's first term, in 2017, that are expiring this year if Congress fails to act. There are also new ones, including no taxes on tips, as well as more than $1 trillion in program cuts. After the House passed its version, the nonpartisan Congressional Budget Office estimated the bill would add $2.4 trillion to the nation's deficits over the decade, and leave 10.9 million more people without health insurance, due largely to the proposed new work requirements and other changes. The Associated Press contributed to this report.
