
Pentagon withdraws 700 Marines from Los Angeles
The 700 Marines were deployed June 9 on the fourth day of protests in downtown LA over the administration's crackdown on immigration . Four thousand National Guard soldiers were also deployed.
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House Democrats raise concerns about T-Mobile role in 'Trump Mobile' service
WASHINGTON (Reuters) -Three Democrats on the House Energy and Commerce Committee raised serious concerns about T-Mobile's involvement in the Trump Organization's self-branded mobile service and a $499 smartphone dubbed Trump Mobile. Representative Frank Pallone, the ranking member of the committee and two other committee members, asked T-Mobile CEO Mike Sievert to answer questions about the company's dealings with the Trump organization. "We are specifically concerned that T-Mobile's business relationship with the Trump Organization — while Donald Trump is serving as President of the United States — presents a conflict of interest that will harm the American people," they wrote in a letter Wednesday.
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Takeaways of US-Japan deal include potential gains for Trump, Ishiba and EU
(Reuters) -An emerging U.S.-Japanese trade deal could unlock major investment, avert a potential shock to the global economy and may deliver political wins for both U.S. President Donald Trump and Japanese Prime Minister Shigeru Ishiba, though many specifics of the agreement remain unclear. Here's a closer look at the early takeaways: * The deal stabilizes the global trade outlook by imposing a 15% tariff on Japanese goods — down from a threatened 25% — while Japan commits to investing $550 billion in the U.S. economy, a boost to U.S. jobs. It almost certainly averts a worst-case scenario for the Japanese economy. Moreover, if it signals that the balance of U.S. tariff rates are likely to settle in that range, Jefferies Chief Economist and Strategist for Europe Mohit Kumar said: "the world can live with 15% or so tariffs." * Trump gains some political capital ahead of November 2026 midterm elections by reinforcing his 'America First' trade stance and potentially bolstering his influence with industrial and agricultural constituencies while avoiding the market instability that loomed under earlier tariff threats. Still, not every U.S. constituency was happy with the announcement. The decision has angered the Detroit Three automakers, who still face a 25% levy on significant segments of their non-U.S. produced vehicles. * For Ishiba, the deal is a diplomatic and economic win amid domestic political turbulence. Just days earlier, Japan's ruling coalition lost its majority in upper house elections. * Analysts say the deal could serve as a benchmark for other economies negotiating with Washington, including the EU and China, both facing August tariff deadlines. * American exporters could gain broader access to Japan's markets, especially in autos and agriculture — sectors vital to U.S. economic growth. * Global financial markets are rallying led by automakers. Stocks of major Japanese firms surged following the announcement, and capital inflows are expected to continue as investors seek exposure to Japan's innovation-led growth. * Despite the investment commitments, the deal may not significantly reduce the U.S. trade deficit with Japan in the short term. Critics argue that without stronger enforcement mechanisms or structural reforms, the imbalance could persist. * A 15% tariff, though lower than the threatened 25%, still represents a significantly higher import tax for consumer goods, especially for cars and electronics, which are heavily imported to the U.S. from Japan. Yale Budget Lab last week estimated the overall average U.S. tariff rate under Trump's policy shifts has climbed to around 20% from between 2% and 3% prior to his return to the White House in January. Sign in to access your portfolio
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French President Macron and wife file defamation suit against Candace Owens
French President Emmanuel Macron and his wife, Brigitte Macron, on Wednesday filed a defamation lawsuit against American conservative commentator Candace Owens over the "outlandish, defamatory, and far-fetched fictions" she's pushed online, including her claim that Brigitte was born a man. Owens, according to the complaint, used this false statement "to promote her independent platform, gain notoriety, and make money." "Ms. Owens' campaign of defamation was plainly designed to harass and cause pain to us and our families and to garner attention and notoriety. We gave her every opportunity to back away from these claims, but she refused," the Macrons said in a statement. "It is our earnest hope that this lawsuit will set the record straight and end this campaign of defamation once and for all." MORE: France's Macron dismisses video showing wife shoving him in the face The complaint, filed in Delaware Superior Court, spans over 200 pages and includes 22 counts of defamation, false light, and defamation by implication. The Macrons are seeking damages, though no amount is included. The complaint cites a host of claims Owens has made about the Macrons, including that the two are secretly 'blood relatives.' "These claims are demonstrably false, and Owens knew they were false when she published them," the complaint states. "Yet, she published them anyway. And the reason is clear: it is not the pursuit of truth, but the pursuit of fame." In a statement, a spokesperson for Owens said Owens "is not shutting up" and that the lawsuit amounts to a "foreign government attacking the First Amendment rights of an American independent journalist." "Candace repeatedly requested an interview with Brigitte Macron," the statement said. "Instead of offering a comment, Brigitte is resorting to trying to bully a reporter into submission. In France, politicians can bully journalists, but this is not France. It's America." The complaint says that Owens' claims have caused "tremendous damage" to the Macrons, and have "subjected the Macrons to a campaign of global humiliation, turning their lives into fodder for profit-driven lies." "The result is relentless bullying on a worldwide scale," the complaint says. "Every time the Macrons leave their home, they do so knowing that countless people have heard, and many believe, these vile fabrications. It is invasive, dehumanizing, and deeply unjust." A press release accompanying the Macrons' complaint says the Marcons sent Owens three retraction demands prior to filing their suit. "If ever there was a clear-cut case of defamation, this is it," Tom Clare, an attorney for the Macrons, said in a statement. "Relying on discredited falsehoods originally presented by a self-proclaimed spiritual medium and so-called investigative journalist, Ms. Owens both promoted and expanded on those falsehoods and invented new ones, all designed to cause maximum harm to the Macrons and maximize attention and financial gain for herself."