
Gov. Newsom will visit South Carolina, a key presidential primary state
During the visit July 8 and 9, Newsom will make stops in eight rural counties that are among the state's 'most economically challenged and environmentally vulnerable,' the South Carolina Democratic Party said Thursday.
The chair of the state Democratic Party, Christale Spain, said in a statement that Newsom's tour through the Pee Dee, Midlands and Upstate regions was aimed at showing rural voters in areas that had been 'hollowed out by decades of Republican control' that 'they aren't forgotten.'
Newsom's visit is also aimed at a state that will be among the first to have a Democratic Party primary in 2028. But Lindsey Cobia, a Newsom senior political adviser, denied that the governor is laying the groundwork for a presidential run.
Cobia said Newsom is 'squarely focused' on helping Democrats win back the U.S. House of Representatives in 2026 and on 'sounding the alarm about how rural families and communities requesting disaster relief are being left behind by the Trump administration.'
Newsom's tour with the South Carolina Democrats, dubbed 'On the Road With Governor Newsom,' will include stops in Marion, Chesterfield, Marlboro, Laurens, Pickens, Oconee, Kershaw and Florence counties. The Post and Courier reported that Newsom's schedule would include stops in small settings such as cafes, coffee shops, community centers and churches.
The tour will take Newsom to some of the state's reddest counties. Seven of the eight counties Newsom is scheduled to visit went for President Trump in November, including two where he garnered 75% of the vote.
The South Carolina trip is one of several overtures that Newsom has made to Southern voters in recent years. He stumped for then-President Biden in South Carolina in 2024. In 2023, he faced off in a highly publicized debate with Florida Gov. Ron DeSantis. And in 2022, he bought ads in Texas and Florida excoriating their governors for their stances on gun violence and abortion.
Newsom isn't the only California Democrat visiting South Carolina this month.
U.S. Rep Ro Khanna (D-Fremont) of Silicon Valley will be holding town halls in the Palmetto State on July 19 and 20 in partnership with the advocacy organization Protect Our Care, which has been mobilizing voters in swing House districts against the planned Republican cuts to Medicaid.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
36 minutes ago
- Yahoo
Trump's tax plan won't help Tesla, but 2 other EV companies got a stock boost
Rivian and Lucid stocks rose after Trump's tax bill passed in the House. The bill extends 2017 tax cuts and ends $7,500 EV tax credits in the fall. Analysts say the credit cut could decrease Tesla's sales volume even further. President Donald Trump's tax bill led to a big stock boost for two Tesla rivals. American electric vehicle makers Rivian and Lucid rose as much as 4.6% and 8.8%, respectively, on Thursday. The gains came after an analyst note from BNP Paribas said that the two companies stand to benefit from Trump's tax bill ending EV tax credits. On Thursday, the House passed the final version of the bill, which would extend the president's 2017 tax cuts and make key changes to the tax system. The bill would also end the $7,500 EV tax credit awarded to buyers on September 30. The tax credit removal is expected to lower demand for EVs, and bigger automakers could be hit harder. Per the new bill, cars made by companies that sold more than 200,000 accepted EVs between December 31, 2009, and December 31, 2025, do not qualify for the tax credit. Tesla delivered more than 336,000 vehicles in the first quarter of 2025 alone. Rivian delivered 8,000 vehicles in the same quarter, while Lucid delivered 3,109 vehicles. Like Tesla, Rivian has been struggling with deliveries. Rivian's cars don't qualify for the tax credit, but the company has relied on a leasing loophole for customers to use it. Rivian does not qualify because a requirement mandates that a significant portion of the car battery's materials should be sourced from the US or its trade partners. Lucid vehicles qualify for the $7,500 federal EV tax credit . Tesla and Lucid are down 22% and 28.5% so far this year. Rivian's stock is down 2% in the same time period. The loss of the EV tax credit could be a big hit to Tesla, analysts say. Last month, Seth Goldstein, an equity strategist at Morningstar, told Business Insider that the expedited elimination of the EV tax credit would be "the biggest area that could impact Tesla." "Consumers have increased long-range EV choices at similar price points as Tesla," Goldstein said. "It's on Tesla to make the case for consumers to even slightly pay up today versus some other EVs." Goldstein added that tax credit elimination could decrease sales volume, which the automaker has been struggling with. JPMorgan analyst Ryan Brinkman wrote in a note last month that Trump's bill, combined with other proposed legislation, including ending the California Air Resources Board Program, threatened more than half of Tesla's 2025 profits. Brinkman said that the $7,500 consumer tax made up 19% of Tesla's 2024 earnings before interest and tax. Read the original article on Business Insider 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


CNBC
an hour ago
- CNBC
Uncertain outlook for energy demand due to trade uncertainty: Kpler
Amena Bakr, Head of Middle East & OPEC+ Insights at Kpler, discuss how uncertainty around Trump's tariffs are playing out in the energy patch in the second half of the year. She also discusses U.S. sanctions on Iranian oil, saying she expects Washington to continue pressuring Tehran with sanctions till there's a clear resolution to the conflict between Israel and Iran. She says sanctions need to be followed by rigorous implementation to be effective.


CNBC
an hour ago
- CNBC
Investing in Space: One big beautiful windfall
And one of the big windfall winners of U.S. President Donald Trump's tax and spending megabill could end up being… unexpectedly, the U.S. Space Force. There's a lot that the administration's put on the line for the tax and spending package, reputationally and politically, to secure Trump's legacy. And that's before factoring in the vast amount of overtime senators have been putting in throughout a 'vote-a-rama' marathon that Republicans want to bring to the finish line by Independence Day. After a final heated debate on Thursday — including a record-breaking almost-nine-hour speech from Democratic leader Hakeem Jeffries — the package cleared the House of Representatives on Thursday, setting the stage for Trump to later ink the bill into law. If the reconciliation package is enshrined according to earlier versions, it and budgetary measures could be set to deliver the U.S. Space Force a 30% year-on-year increase in funding to just under a whopping $40 billion in 2026. That's no small amount of change, even relative to the broader $1 trillion defense strategy that the administration's officials are trying to push through. And it adds up. Some $25 billion was slated for Trump's mammoth multi-layered missile defense system, Golden Dome. Crunching some numbers, that's a seventh of the total $175 billion cost the White House administration has billed for the project — whose overall expense and viability lawmakers and analysts have repeatedly questioned — in a short stretch. It is, nevertheless, worth remembering other estimates put the final bill closer to $540 billion. These funds will make an "initial investment" in Golden Dome focused on procuring interceptors like the existing Patriots, developing new space-based interceptor options, and putting a down payment on advanced sensors and command and control systems, according to a U.S. Department of Defense briefing on June 26. The money will go toward "vital space-based capabilities" alongside "space control and resilient combat credible architectures," all part of a broader bid to achieve Washington's "space superiority," a senior defense official said last week. That's ultimately a familiar playbook for the White House, which was for years locked in an exhaustive space race with the Soviet Union before clinching victory through the first manned Moon landing — the only difference is the pivot from space exploration to defense among the stars. The U.S. Space Force's chief, General Chance Saltzman, warned of the "mind-boggling" pace at which Washington's frenemy China was putting military capabilities in space, all the way back in October. Whatever its faults, for defense and space companies, Golden Dome's been providing a rare beacon of investment hope amid budget cuts at space-geared government contractor NASA. Moreover, there's the boon in the project's extensive execution and long funding scope — and that's before getting into the possibility that sunken-cost concerns might coerce future administrations to see Golden Dome through, even if it doesn't wrap up by the end of Trump's second term. And it's not just space by way of defense. Trump's made no secret of his ambitions – previously joyously shared with then ally, now critic Elon Musk — to put people on Mars, and the bill also provides for exploring the red planet. That relationship remains on the rocks. When I began writing on Tuesday, heated words were still flying — not the least of which from Musk, who this week doubled down on previous criticism of the megabill to liken it to a "DEBT SLAVERY bill with the biggest debt ceiling increase in history" before calling for a new political party that "actually cares about the people." The tech billionaire was widely seen as a close ally of Musk until their public feud last month that inevitably brought into question the fate of SpaceX's existing and future government contracts. As ever, it's not over until it's over — let's see where things land for space. As a heads up, the newsletter's skipping next week while yours truly jetpacks on assignment, but will be back in action on July 17.