Vice President JD Vance is on the road again to sell the Republicans' big new tax law
Vance spoke to a crowd of steel workers in neon green, orange, yellow and red hardhats and safety glasses gathered inside a rolling mill at Metallus Inc. in Canton, about 60 miles (96.56 kilometers) from Cleveland. It was his second trip this month as chief promoter of the hodgepodge of conservative priorities that Republicans have dubbed the 'One Big, Beautiful Bill.'
Echoing themes expressed at an industrial machine shop in West Pittston, Pennsylvania, Vance said American workers should be able to keep more of their pay in their pockets and U.S. companies should be rewarded when they grow. He highlighted the law's new tax deductions on overtime and its breaks on tipped income.
Vance decried Democrats — including U.S. Rep. Emilia Sykes, whose competitive House district he was visiting — for opposing the bill that keeps the current tax rates, which would have otherwise expired later this year.
The legislation cleared the GOP-controlled Congress by the narrowest of margins, with Vance breaking a tie vote in the Senate for the package that also sets aside hundreds of billions of dollars for Trump's immigration agenda while slashing Medicaid and food stamps.
The vice president is also stepping up his public relations blitz on the bill as the White House tries to deflect attention from the growing controversy over Jeffrey Epstein.
The disgraced financier killed himself, authorities say, in a New York jail cell in 2019 as he awaited trial on sex trafficking charges. Trump and his top allies stoked conspiracy theories about Epstein's death before Trump returned to the White House and are now reckoning with the consequences of a Justice Department announcement earlier this month that Epstein did indeed die by suicide and that no further documents about the case would be released.
Vance insisted that the administration of President Donald Trump isn't trying to cover up information from the investigation that's in the public interest.
Vance said Trump asked Attorney General Pam Bondi to release all 'credible information' but that the process 'takes time.' The Justice Department has asked for grand jury transcripts to be made public, but a judge in Florida has rejected that bid while requests remain pending in New York.
Vance said Trump, who was an acquaintance of Epstein before they had a falling out, wants 'full transparency' in the case and alleged that prior administrations went 'easy on this guy.' A few heads could be seen nodding amid the crowd.
Questions about the case continued to dog Trump in Scotland, where he on Sunday announced a framework trade deal with the European Union.
Asked about the timing of the trade announcement and the Epstein case and whether it was correlated, Trump responded: 'You got to be kidding with that."
'No, had nothing to do with it,' Trump told the reporter. 'Only you would think that."
The White House sees the new law as a political boon, sending Vance to promote it in swing congressional districts that will determine whether Republicans retain their House majority next year.
In a navy jacket and white shirt unbuttoned at the collar, Vance leaned into folksy word choices and characterized the administration's immigration crackdown as an effort to keep gangs trafficking deadly fentanyl out of the country.
Vance's decision to visit Sykes' district comes as the National Republican Congressional Committee has named her narrowly split district as a top target this cycle. His northeastern Pennsylvania stop was in the district represented by Republican Rep. Rob Bresnahan, a first-term lawmaker who knocked off a six-time Democratic incumbent last fall.
A spokesperson for the Democratic Congressional Campaign Committee called his visit 'another desperate attempt to lie to Ohioans about the devastating impact the Big, Ugly Law will have on working families.' in a statement.
In the statement, Katie Smith said Sykes 'fought tooth and nail against this disastrous law.'
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EU continues to press for tariff exemption on wine, spirits as part of US deal The EU is pushing for its wine and spirit exports to be exempt from US tariffs, while both sides work towards refining the deal they agreed last month. The WSJ reports: Read more here. The EU is pushing for its wine and spirit exports to be exempt from US tariffs, while both sides work towards refining the deal they agreed last month. The WSJ reports: Read more here. Countries push for last-minute deals as Thursday tariff deadline looms Global importers are bracing for President Trump's next tariff deadline on Thursday morning, when the president's tiered approach to tariffs is expected to take effect. Yet some of the details around trade agreements remain fuzzy. Yahoo Finance's Ben Werschkul reports: Read more here. Global importers are bracing for President Trump's next tariff deadline on Thursday morning, when the president's tiered approach to tariffs is expected to take effect. 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"And that's a gift, that's not like, you know, a loan," he said, claiming that the terms allow the US to direct where the EU invests. Trump says pharma duties could go to 250% President Trump said he would announce tariffs on semiconductor and pharmaceutical imports "within the next week or so." "We'll be putting a initially small tariff on pharmaceuticals, but in one year — one and a half years, maximum — it's going to go to 150%. And then it's going to go to 250%, because we want pharmaceuticals made in our country," Trump said during a CNBC interview. He said semiconductor and chip tariffs would be in a "different category." President Trump said he would announce tariffs on semiconductor and pharmaceutical imports "within the next week or so." "We'll be putting a initially small tariff on pharmaceuticals, but in one year — one and a half years, maximum — it's going to go to 150%. And then it's going to go to 250%, because we want pharmaceuticals made in our country," Trump said during a CNBC interview. He said semiconductor and chip tariffs would be in a "different category." US tariff on EU goods set at flat 15% The EU said on Tuesday that European Union goods entering the US face a flat 15% tariff, including cars and car parts. The rate includes the Most Favoured Nation (MFN) tariff and won't exceed 15% even if the US raises tariffs on items like semiconductors and medicines. The EU said it still expects turbulence in its trade dealings with the US. Reuters reports: Read more here. The EU said on Tuesday that European Union goods entering the US face a flat 15% tariff, including cars and car parts. The rate includes the Most Favoured Nation (MFN) tariff and won't exceed 15% even if the US raises tariffs on items like semiconductors and medicines. The EU said it still expects turbulence in its trade dealings with the US. Reuters reports: Read more here. India hits back at Trump's tariff threat India has called out President Trump after he threatened to "substantially raise" tariffs on Indian exports over its Russian oil purchases, slamming the move as unjustified. New Delhi said it would take all necessary steps to protect its economic interests. Bloomberg News reports: Read more here. India has called out President Trump after he threatened to "substantially raise" tariffs on Indian exports over its Russian oil purchases, slamming the move as unjustified. New Delhi said it would take all necessary steps to protect its economic interests. Bloomberg News reports: Read more here. Nvidia partner Hon Hai's July sales growth weakened by tariffs Nvidia's (NVDA) main server assembly partner Hon Hai Precision ( reported a sales slowdown for July due to US tariffs. Bloomberg News reports: Read more here. Nvidia's (NVDA) main server assembly partner Hon Hai Precision ( reported a sales slowdown for July due to US tariffs. Bloomberg News reports: Read more here. Mazda forecasts nearly $1B profit hit from US tariffs Reuters reports: Read more here. Reuters reports: Read more here. Diageo warns of $200M tariff hit Diageo (DEO) warned of a $200 million impact from tariffs on Tuesday and forecast flat full-year sales, after a periof of demand, share price turbulence and a sudden CEO exit. Reuters reports: Read more here. Diageo (DEO) warned of a $200 million impact from tariffs on Tuesday and forecast flat full-year sales, after a periof of demand, share price turbulence and a sudden CEO exit. Reuters reports: Read more here. Trump administration posts guidance on tariff rollout Bloomberg News reports: Read more here. Bloomberg News reports: Read more here. Rolex, luxury watchmakers brace for Trump's tariffs on Swiss imports Yahoo Finance's Pras Subramanian reports: Read more here. Yahoo Finance's Pras Subramanian reports: Read more here. Trump says he will 'substantially' raise tariffs on India President Trump said on Monday he will "substantially" raise tariffs on India. Stocks still remained in rally mode following Friday's sell-off. "India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits," wrote Trump on Monday morning. "They don't care how many people in Ukraine are being killed by the Russian War Machine. Because of this, I will be substantially raising the Tariff paid by India to the USA," he added. President Trump's sweeping tariffs are set to come into full effect later this week. Last week, Trump announced a 25% tariff on goods from India, plus an additional import tax because of the country's purchasing of Russian oil. President Trump said on Monday he will "substantially" raise tariffs on India. Stocks still remained in rally mode following Friday's sell-off. "India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits," wrote Trump on Monday morning. "They don't care how many people in Ukraine are being killed by the Russian War Machine. Because of this, I will be substantially raising the Tariff paid by India to the USA," he added. President Trump's sweeping tariffs are set to come into full effect later this week. Last week, Trump announced a 25% tariff on goods from India, plus an additional import tax because of the country's purchasing of Russian oil. Swiss prepare 'more attractive offer' to US to avert 39% tariff Bloomberg reports: Read more here. Bloomberg reports: Read more here. EU to suspend US tariff countermeasures for 6 months The European Union announced on Monday that it would suspend its two packages of US tariff countermeasures for 6 months. This follows the trade deal the US and EU reached last week Sunday. Reuters reports: Read more here. The European Union announced on Monday that it would suspend its two packages of US tariff countermeasures for 6 months. This follows the trade deal the US and EU reached last week Sunday. Reuters reports: Read more here. Swiss gold trading takes spotlight in trade talks with Trump President Trump's tariffs on Switzerland were prompted by the country being the world's largest hub for gold refining. Gold flows in from places like South America, Africa and gets processed in Switzerland and then exported to countries like the US. This gold trade makes Switzerland's exports to the US look large and the refiners don't get to keep most of the profits. Bloomberg News: Read more here. President Trump's tariffs on Switzerland were prompted by the country being the world's largest hub for gold refining. Gold flows in from places like South America, Africa and gets processed in Switzerland and then exported to countries like the US. This gold trade makes Switzerland's exports to the US look large and the refiners don't get to keep most of the profits. Bloomberg News: Read more here. Greer says US-China talks 'about halfway there' on rare earths US Trade Representative Jamieson Greer said on Sunday that rare earths were a key focus in last week's Stockholm talks. He told CBS the US had secured supply commitments from China but noted the two sides are "about halfway there." Bloomberg News reports: Read more here. US Trade Representative Jamieson Greer said on Sunday that rare earths were a key focus in last week's Stockholm talks. He told CBS the US had secured supply commitments from China but noted the two sides are "about halfway there." Bloomberg News reports: Read more here. Swatch CEO calls on Swiss president to meet Trump to solve tariff dispute Swiss stocks took a hit on Monday as the market reopened after a holiday. Worries about the impact of President Trump's 39% export tariffs and a push for drugmakers to lower prices have caused tension in the market. In addition, Swatch Group ( Chief Executive Nick Hayek called on Swiss President Karin Keller-Sutter to meet President Trump in Washington to negotiate a better deal than the 39% tariffs announced on Swiss imports into the United States. Hayek told Reuters on Monday he was confident an agreement could still be reached before the tariffs, which were announced on Friday, went into effect on Aug. 7. Bloomberg News reports: Read more here. Swiss stocks took a hit on Monday as the market reopened after a holiday. Worries about the impact of President Trump's 39% export tariffs and a push for drugmakers to lower prices have caused tension in the market. In addition, Swatch Group ( Chief Executive Nick Hayek called on Swiss President Karin Keller-Sutter to meet President Trump in Washington to negotiate a better deal than the 39% tariffs announced on Swiss imports into the United States. Hayek told Reuters on Monday he was confident an agreement could still be reached before the tariffs, which were announced on Friday, went into effect on Aug. 7. Bloomberg News reports: Read more here. Malaysia agrees to boost tech, LNG purchases from US as part of trade deal Reuters reports: Read more here. Reuters reports: Read more here. Trump presses India, China to halt Russian oil buys as trade talks roll on The US and China are making progress on a trade deal, but a major sticking point remains: Washington wants Beijing to stop buying oil from Iran and Russia. China has pushed back, saying it will secure energy based on its own national interests. 'China will always ensure its energy supply in ways that serve our national interests,' China's Foreign Ministry posted on X on Wednesday following two days of trade negotiations in Stockholm, responding to the U.S. threat of a 100% tariff. 'Coercion and pressuring will not achieve anything. China will firmly defend its sovereignty, security and development interests," the ministry said. In India, Prime Minister Narendra Modi has rejected pressure from President Trump, encouraging people to buy local goods. India has not told its oil refiners to stop purchasing Russian oil, and those decisions remain up to each company. 'The world economy is going through many apprehensions — there is an atmosphere of instability,' Modi said at a rally in the northern state of Uttar Pradesh on Saturday. 'Now, whatever we buy, there should be only one scale: we will buy those things which have been made by the sweat of an Indian.' The US and China are making progress on a trade deal, but a major sticking point remains: Washington wants Beijing to stop buying oil from Iran and Russia. China has pushed back, saying it will secure energy based on its own national interests. 'China will always ensure its energy supply in ways that serve our national interests,' China's Foreign Ministry posted on X on Wednesday following two days of trade negotiations in Stockholm, responding to the U.S. threat of a 100% tariff. 'Coercion and pressuring will not achieve anything. China will firmly defend its sovereignty, security and development interests," the ministry said. In India, Prime Minister Narendra Modi has rejected pressure from President Trump, encouraging people to buy local goods. India has not told its oil refiners to stop purchasing Russian oil, and those decisions remain up to each company. 'The world economy is going through many apprehensions — there is an atmosphere of instability,' Modi said at a rally in the northern state of Uttar Pradesh on Saturday. 'Now, whatever we buy, there should be only one scale: we will buy those things which have been made by the sweat of an Indian.'
Yahoo
17 minutes ago
- Yahoo
Rwanda agrees to take deportees from the US after migrant deal with UK collapsed
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San Francisco Chronicle
18 minutes ago
- San Francisco Chronicle
Ion Iliescu, Romania's first freely elected president after 1989 revolution, has died at 95
BUCHAREST, Romania (AP) — Ion Iliescu, Romania's first freely elected president after the fall of communism in 1989, who later faced charges of crimes against humanity for his role in the bloody revolution, has died. He was 95. Iliescu, who held de facto military authority during the anti-communist revolt, assumed power after Communist dictator Nicolae Ceausescu, and his wife Elena, were executed on Dec. 25, 1989. More than 1,100 people died during the uprising, 862 of them after Iliescu had seized power. He repeatedly denied any wrongdoing. Twice re-elected, in 1992 and 2000, Iliescu had largely withdrawn from public life by 2017. In recent years, his health had declined. In 2019, he underwent heart surgery, and he was diagnosed with lung cancer in June. The hospital in the capital, Bucharest, where Iliescu had been receiving medical treatment since Jun. 9, said on Tuesday that he died at 3.55 p.m. local time after medics 'made all efforts to provide him the necessary care and treatment.' Romania's government also confirmed his death and extended its condolences to his family and those close to the former president. It added that it would announce plans for a state funeral soon. In a statement on its official website, Romania's Social Democratic Party, or PSD, which Iliescu founded, called it 'a very sad day for Romania.' 'A prominent figure of the Romanian Revolution and the history of contemporary Romania, Mr. President Ion Iliescu will remain for all of us a symbol of the politician and statesman,' the statement read. 'He had the courage to confront Ceausescu and his dictatorship, and directed Romania irreversibly on the Euro-Atlantic path.' 'He was a strong leader, loved by most, contested by others, as happens in democracy,' it added. In 2018, military prosecutors charged Iliescu with crimes against humanity for failing to prevent 'numerous situations' in which civilians were needlessly killed during the revolution. Prosecutors alleged he had spread false information through state media, creating a 'generalized psychosis' that fueled chaos and bloodshed. The charges against Iliescu, who served as a minister in the communist government until he was sidelined in 1971, refer to a five-day period during the uprising, after Ceausescu had fled Bucharest on Dec. 22, 1989. At the time of Iliescu's death, he had never been convicted, and the case remained open. In January this year, Iliescu's legal woes mounted when prosecutors charged him with crimes against humanity in a second case. Prosecutors allege he implemented policies that led to a violent crackdown on civilian protesters in Bucharest in 1990, who were demanding the removal of former communists from power. Iliescu had called on coal miners from the Jiu Valley to 'restore order' in the capital. At least four people were killed. Despite maintaining good relations with the Soviet Union until its collapse in 1991, Romania became a member of the NATO military alliance in 2004 during his last presidential term. After his last term ended, he served as a lawmaker in the Social Democratic Party, Romania's most dominant political party since communism ended 35 years ago. For two decades after the revolution, Iliescu was Romania's most consequential political figure who helped define the country's new democratic institutions and its Constitution, said Cristian Andrei, a Bucharest-based political consultant. 'His legacy spans from the one to oust Ceausescu to being himself a break in Romania's development and transition to full functioning democracy and market economy,' he told The Associated Press. 'He was later accused by a growing number of Romanians of being the continuator of the Communist apparatus … trying to hold on to power in an authoritarian-communist style.' After Nicusor Dan's victory in Romania's tense presidential rerun in May, Iliescu congratulated the new pro-Western leader in a blog post, noting that Romania 'is going through a complex period' and faces economic, social, and geopolitical challenges. 'Romania needs coherence, dialogue and a firm commitment to strengthening democratic institutions and its European path,' he said. 'I am convinced that you will exercise this responsibility with dignity and a sense of duty to the nation.'
