
Trump caps his Scottish visit by opening a new golf course
Trump and his sons Eric and Donald Jr. are cutting the ceremonial ribbon and playing the first-ever round at the new Trump course in the village of Balmedie, on the northern coast of Scotland. Also from the country's north is the president's late mother, Mary Anne MacLeod, who was born on the Isle of Lewis, immigrated to New York and died in 2000 at age 88.
'My mother loved Scotland,' Trump said during a meeting with British Prime Minister Keir Starmer on Monday at another one of his golf courses, Turnberry, on Scotland's southern coast. 'It's different when your mother was born here.'
Trump used his trip to meet with Starmer and reach a trade framework for tariffs between the U.S. and the European Union's 27 member countries — though scores of key details remain to be hammered out.
The overseas jaunt let Trump escape Washington's sweaty summer humidity but also the still-raging scandal over the files related to Jeffrey Epstein. But it was mostly built around golf — and walking the new course before it officially begins selling rounds to the public on Aug. 13, adding to a lengthy list of ways Trump has used the White House to promote his brand.
Trump's assets are in a trust, and his sons are running the family business while he's in the White House. But any business generated at the course will ultimately enrich the president when he leaves office.
The new golf course will be the third owned by the Trump Organization in Scotland. Trump bought Turnberry in 2014 and owns another course near Aberdeen that opened in 2012.
Trump golfed on Saturday as protesters took to the streets, and on Sunday. He invited Starmer, who famously doesn't golf, aboard Air Force One so the prime minister could get a private tour of his Aberdeen property before Tuesday's ceremonial opening.
'Even if you play badly, it's still good,' Trump said of golfing on his course over the weekend. 'If you had a bad day on the golf course, it's OK. It's better than other days.'
Trump even found time at Turnberry to praise its renovated ballroom, which he said he'd paid lavishly to upgrade — even suggesting that he might install one like it at the White House.
'I could take this one, drop it right down there," Trump joked. 'And it would be beautiful.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
6 minutes ago
- Yahoo
Trump, Putin meeting agreed on, Kremlin says
The United States and Russia have agreed on a meeting "in the coming days" between President Trump and his Russian counterpart, Vladimir Putin, the Kremlin said Thursday. Putin's foreign affairs adviser Yuri Ushakov said a place has been chosen and will be announced later and the two sides are working out details but are targeting next week for the session. The meeting would be their first since Mr. Trump returned to office. The Kremlin announcement came after Mr. Trump said Wednesday there's a "good chance" he will meet with Putin and Ukrainian President Volodymyr Zelenskyy soon — as Mr. Trump presses Russia to end its three-year invasion of Ukraine. White House Press Secretary Karoline Leavitt said Wednesday that Russia suggested a meeting between Mr. Trump and Putin, and Mr. Trump is "open" to the idea of a meeting with both Russia and Ukraine's leaders. Asked hours later whether Putin and Zelenskyy had agreed to a summit, Mr. Trump told reporters "there's a very good prospect that they will." He said it's not clear where the meeting would take place. Mr. Trump's comments came just before his Friday deadline for Russia to either strike a ceasefire deal with Ukraine or face sanctions. It wasn't clear how the announcement of the Trump-Putin meeting would affect that deadline. Putin met with Mr. Trump's envoy, Steve Witkoff, in Moscow earlier Wednesday. The U.S. president called the hours-long meeting "highly productive" and wrote in a Truth Social post that "great progress was made" — a change of tone after Mr. Trump expressed frustration with Russia for much of last month. Ushakov said Thursday that Whitkoff mentioned the idea to Putin of a trilateral meeting of Putin, Mr. Trump, and Zelensky, but Moscow "left this option completely, without comment." Mr. Trump also held a call Wednesday with European leaders and NATO Secretary-General Mark Rutte. A senior Trump administration official told CBS News earlier Wednesday the meeting between Witkoff and Putin "went well." "The Russians are eager to continue engaging with the United States," the official said. Asked about the Witkoff-Putin meeting, Secretary of State Marco Rubio said: "We'll have some other discussions throughout the day, and then hopefully there'll be some announcements here fairly soon. Maybe positive, maybe not. We'll see." Zelensky on Thursday called for a face-to-face meeting with Putin to try to end the war, French news agency AFP reports. "We in Ukraine have repeatedly said that finding real solutions can be truly effective at the level of leaders," Zelensky wrote on social media. He also said he spoke with German Chancellor Friedrich Merz and that "Europe must be a participant in the relevant processes." "Ukraine is not afraid of meetings and expects the same bold approach from the Russian side," Zelenskyy said. "It is time to end the war. Thanks to everyone who helps!" Mr. Trump has pressed both Russia and Ukraine to reach a ceasefire, but he has oscillated between blaming Putin and Zelenskyy for a lack of progress. In recent weeks, Mr. Trump has grown irritated with Putin over Russia's continued attacks on Ukrainian cities. Last week, Mr. Trump demanded that Putin strike a ceasefire deal with Ukraine within 10 days, or Russia could face repercussions, including sanctions on Russia and countries that do business with it. That deadline runs out on Friday. "The secondary sanctions are still expected to be implemented on Friday," the senior Trump administration official told CBS News following the Putin-Witkoff meeting. Mr. Trump has already begun targeting some Russian trading partners, slapping an additional 25% tariff on Indian goods Wednesday because the South Asian country continues to buy oil from Russia. That brings the total tax on Indian imports to 50%. Former Russian President Dmitry Medvedev — the deputy chair of Russia's security council — responded to Mr. Trump's sanction threats last week by warning: "Each new ultimatum is a threat and a step towards war." Mr. Trump called Medvedev's statement "highly provocative" and said he was ordering two submarines to be "positioned in the appropriate regions" in response. At other points, Mr. Trump has lashed out at Zelenskyy and accused him of prolonging Russia's invasion, which began in February 2022. He publicly argued with the Ukrainian leader in an Oval Office meeting, and in at least two cases, his administration has temporarily paused crucial U.S. military aid to Ukraine before restoring the shipments. Sneak peek: The Strange Shooting of Alex Pennig Quadruple murder suspect captured in Tennessee, officials confirm Neil deGrasse Tyson weighs in on plans for a moon-based nuclear reactor
Yahoo
6 minutes ago
- Yahoo
Stock market today: Dow, S&P 500, Nasdaq futures rise as Trump hints at chip tariff carveout
US stock futures edged higher on Thursday as President Trump's sweeping tariffs hit dozens of US trade partners after his self-imposed deadline for countries to strike deals expired. At the same time, Trump's hint of a carveout for coming duties on semiconductors boosted tech for a second consecutive day. Futures attached to the Dow Jones Industrial Average (YM=F) gained 0.6%. Futures attached to the benchmark S&P 500 (ES=F) were up 0.7%, and those on tech-heavy Nasdaq 100 (NQ=F) rose 0.8%. Trump's deadline for trade deals landed at 12:01 a.m. ET on Thursday. Imports from nearly 200 countries now face duties ranging from 10% to 50%, and the overall average effective tariff rate is projected to jump to 18.3%. Read more: The latest on Trump's tariffs Apple (AAPL) shares climbed Thursday in premarket trading as Trump and CEO Tim Cook announced the company would make a $100 billion investment in the US. As part of the deal, Apple will manufacture the cover glasses for iPhones and Apple Watches in Kentucky. The president also revealed at the press conference that he plans to eventually set a 100% tariff on semiconductors. Companies like Apple that commit to building in the US, however, will be exempt from the tariff, he said. Airbnb (ABNB), DoorDash (DASH), and Lyft (LYFT) reported earnings after the bell. DoorDash shares jumped premarket on an upbeat forecast driven by resilient delivery demand. Airbnb and Lyft, meanwhile, fell on disappointing guidance. On Thursday, in addition to grappling with the latest trade policy shifts, Wall Street will receive new data on weekly jobless claims. The state of the labor market is in high focus following a disappointing July jobs report and downbeat revisions to the May and June jobs reports. Good morning. Here's what's happening today. Economic data: Initial jobless claims (week ending Aug. 2); Nonfarm productivity (second quarter preliminary); Unit labor costs (second quarter preliminary) Earnings: Block (XYZ), Celsius (CELH), ConocoPhillips (COP), Eli Lilly (LLY), Sony (SONY), SoundHound (SOUN), Pinterest (PINS), Take-Two Interactive (TTWO), Twilio (TWLO), The Trade Desk (TTD), Vistra Energy (VST) Here are some of the biggest stories you may have missed overnight and early this morning: Investors are 'agitated' by less than perfect earnings Shopify's strong quarter shows consumers are ignoring tariffs Eli Lilly stock falls on GLP-1 pill trial results Trump's tariffs hit dozens of countries as trade deadline expires Trump to sign order easing path for private assets in 401(k)s Apple leads surge in global tech shares after Trump tariff relief Trump boasts billions of dollars flowing into US from tariffs Warner Bros revenue surges on streaming expansion, box-office hits Trump floats possible tariffs on China for buying Russia oil\ TSMC shares surge as Taiwan says firm exempt from Trump tariffs Keep an eye on Firefly IPO Not too far removed from Figma's (FIG) huge IPO, Firefly will come to market at the Nasdaq later on today. The IPO was upsized, and it's likely it will come out of the block strong when it opens. I am not in love with the company's financials, but it has a host of key deals in place and its technology has proven to work (see trips to moon). And it has a SpaceX ( like story to tell at a hot time for markets. Perfectly timed debut. I am live with Firefly CEO Jason Kim around 11am ET today from the Nasdaq. Tune into Yahoo Finance! SoftBank swings to profit on vision fund gains ahead of AI push Softbank's (SFTBF, 9984.T, SFTBY) Tokyo shares closed 1% up on Thursday after reporting a bigger profit than expected in the June quarter. Bloomberg News reports: Read more here. Apple gains after announcing $100B US investment Apple stock rose 3% before the bell on Thursday. Yahoo Finance's technology editor Daniel Howley and Washington correspondent Ben Werschkul outline the latest developments from the Apple investment announcement on Wednesday. Read more here. Sony stock rises as in-demand games and music help allay Trump tariff fears Bloomberg News reports: Read more here. TSMC hits record; Taiwan says tech giant exempt from US tariffs Taiwan Semiconductor Manufacturing Co. (TSM) shares rose 5% in premarket trading on Thursday after announcing it will not have to pay 100% tariff on sales to the US. Bloomberg News: Read more here. Good morning. Here's what's happening today. Economic data: Initial jobless claims (week ending Aug. 2); Nonfarm productivity (second quarter preliminary); Unit labor costs (second quarter preliminary) Earnings: Block (XYZ), Celsius (CELH), ConocoPhillips (COP), Eli Lilly (LLY), Sony (SONY), SoundHound (SOUN), Pinterest (PINS), Take-Two Interactive (TTWO), Twilio (TWLO), The Trade Desk (TTD), Vistra Energy (VST) Here are some of the biggest stories you may have missed overnight and early this morning: Investors are 'agitated' by less than perfect earnings Shopify's strong quarter shows consumers are ignoring tariffs Eli Lilly stock falls on GLP-1 pill trial results Trump's tariffs hit dozens of countries as trade deadline expires Trump to sign order easing path for private assets in 401(k)s Apple leads surge in global tech shares after Trump tariff relief Trump boasts billions of dollars flowing into US from tariffs Warner Bros revenue surges on streaming expansion, box-office hits Trump floats possible tariffs on China for buying Russia oil\ TSMC shares surge as Taiwan says firm exempt from Trump tariffs Economic data: Initial jobless claims (week ending Aug. 2); Nonfarm productivity (second quarter preliminary); Unit labor costs (second quarter preliminary) Earnings: Block (XYZ), Celsius (CELH), ConocoPhillips (COP), Eli Lilly (LLY), Sony (SONY), SoundHound (SOUN), Pinterest (PINS), Take-Two Interactive (TTWO), Twilio (TWLO), The Trade Desk (TTD), Vistra Energy (VST) Here are some of the biggest stories you may have missed overnight and early this morning: Investors are 'agitated' by less than perfect earnings Shopify's strong quarter shows consumers are ignoring tariffs Eli Lilly stock falls on GLP-1 pill trial results Trump's tariffs hit dozens of countries as trade deadline expires Trump to sign order easing path for private assets in 401(k)s Apple leads surge in global tech shares after Trump tariff relief Trump boasts billions of dollars flowing into US from tariffs Warner Bros revenue surges on streaming expansion, box-office hits Trump floats possible tariffs on China for buying Russia oil\ TSMC shares surge as Taiwan says firm exempt from Trump tariffs Keep an eye on Firefly IPO Not too far removed from Figma's (FIG) huge IPO, Firefly will come to market at the Nasdaq later on today. The IPO was upsized, and it's likely it will come out of the block strong when it opens. I am not in love with the company's financials, but it has a host of key deals in place and its technology has proven to work (see trips to moon). And it has a SpaceX ( like story to tell at a hot time for markets. Perfectly timed debut. I am live with Firefly CEO Jason Kim around 11am ET today from the Nasdaq. Tune into Yahoo Finance! Not too far removed from Figma's (FIG) huge IPO, Firefly will come to market at the Nasdaq later on today. The IPO was upsized, and it's likely it will come out of the block strong when it opens. I am not in love with the company's financials, but it has a host of key deals in place and its technology has proven to work (see trips to moon). And it has a SpaceX ( like story to tell at a hot time for markets. Perfectly timed debut. I am live with Firefly CEO Jason Kim around 11am ET today from the Nasdaq. Tune into Yahoo Finance! SoftBank swings to profit on vision fund gains ahead of AI push Softbank's (SFTBF, 9984.T, SFTBY) Tokyo shares closed 1% up on Thursday after reporting a bigger profit than expected in the June quarter. Bloomberg News reports: Read more here. Softbank's (SFTBF, 9984.T, SFTBY) Tokyo shares closed 1% up on Thursday after reporting a bigger profit than expected in the June quarter. Bloomberg News reports: Read more here. Apple gains after announcing $100B US investment Apple stock rose 3% before the bell on Thursday. Yahoo Finance's technology editor Daniel Howley and Washington correspondent Ben Werschkul outline the latest developments from the Apple investment announcement on Wednesday. Read more here. Apple stock rose 3% before the bell on Thursday. Yahoo Finance's technology editor Daniel Howley and Washington correspondent Ben Werschkul outline the latest developments from the Apple investment announcement on Wednesday. Read more here. Sony stock rises as in-demand games and music help allay Trump tariff fears Bloomberg News reports: Read more here. Bloomberg News reports: Read more here. TSMC hits record; Taiwan says tech giant exempt from US tariffs Taiwan Semiconductor Manufacturing Co. (TSM) shares rose 5% in premarket trading on Thursday after announcing it will not have to pay 100% tariff on sales to the US. Bloomberg News: Read more here. Taiwan Semiconductor Manufacturing Co. (TSM) shares rose 5% in premarket trading on Thursday after announcing it will not have to pay 100% tariff on sales to the US. Bloomberg News: Read more here. Sign in to access your portfolio


The Hill
7 minutes ago
- The Hill
Trump tariffs take effect: ‘IT'S MIDNIGHT!!!'
President Trump's latest rollout of 'reciprocal' tariffs on dozens of trading partners has formally taken effect as of Thursday morning. 'IT'S MIDNIGHT!!! BILLIONS OF DOLLARS IN TARIFFS ARE NOW FLOWING INTO THE UNITED STATES OF AMERICA,' the president wrote just before midnight on Truth Social. In another post early Thursday, Trump wrote, 'Tariffs are flowing into the USA at levels not thought even possible!' The president signed an executive order last week unveiling new tariff rates and delayed the implementation date by roughly a week. Now nearly all imports will face a 10 percent tariff. Some nations will stare down higher import tax rates, such as Syria with 41 percent, Laos at 40 percent and Switzerland at 39 percent. Indonesia and Thailand will face a 19 percent tariff rate, while Japan, South Korea and the European Union are looking at a 15 percent figure. Trump also increased the tariffs on goods coming into the U.S. from India by 25 percent on Wednesday, over New Delhi's purchase of Russia's oil. The move came after special envoy Steve Witkoff met with Russian President Vladimir Putin as the U.S. continues to push for peace in the more than three-year-long war in Ukraine. India will now face a 50 percent tariff rate, which is set to kick in three weeks. Later Wednesday, Trump wrote on Truth Social that 'billions' of dollars will start flowing into the U.S., mostly from countries that 'have taken advantage' of Washington. 'THE ONLY THING THAT CAN STOP AMERICA'S GREATNESS WOULD BE A RADICAL LEFT COURT THAT WANTS TO SEE OUR COUNTRY FAIL,' he said in the post. The president first proposed his ' Liberation Day ' tariff agenda on April 2 but then instituted a 90-day extension a week later, following pressure from Wall Street and GOP lawmakers to stabilize the financial markets. The deadline was extended to Aug. 1 and subsequently bumped to Thursday. Goods that are already on their way to the U.S. are exempt from import fees, along with items covered under the U.S.-Mexico-Canada Agreement, which was signed in 2020. On Aug. 29, the exemption on de minimis goods will expire, meaning items shipped commercially that are worth $800 or less will no longer be able to evade import fees.