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Russia Hits Kyiv With Deadly Barrage Defying Trump's Deadline

Russia Hits Kyiv With Deadly Barrage Defying Trump's Deadline

Bloomberg2 days ago
Russia attacked Kyiv with a barrage of drones and missiles overnight in defiance of US President Donald Trump's ten-day deadline for Kremlin to reach a truce with Ukraine.
The bombardment lasted for several hours, killing at least six people including a child and injuring more than 50, Kyiv city military administration chief Tymur Tkachenko said on Telegram. The death toll is likely to rise, according to the authorities.
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Analysis: Trump's tariffs are as unpopular as ever, but the GOP's tolerance is growing
Analysis: Trump's tariffs are as unpopular as ever, but the GOP's tolerance is growing

CNN

time15 minutes ago

  • CNN

Analysis: Trump's tariffs are as unpopular as ever, but the GOP's tolerance is growing

Donald Trump TariffsFacebookTweetLink Follow There has been something of a shift in the conventional wisdom about President Donald Trump's tariffs of late. On the one hand, economists and political analysts have warmed to the idea that Trump is more or less getting what he bargained for out of his threats of a global trade war. This has come as a number of foreign nations come to the table and, in a few cases, cut apparent deals. On the other, that's different from saying Trump's tactics will ultimately work. And the picture there certainly got more complicated this week, including with yet more judges suggesting they could rein in Trump's tariff authorities and the increasingly troubling economic numbers highlighted by another bad jobs report Friday. Many have been wondering when (and if) the economic pain many economists predicted would actually arrive, and signs are increasing that it might be upon us. In other words, we seem to be at an inflection point, particularly with Trump signaling Thursday that he'll finally press forward with global tariffs (probably!) next week. But how is all of this playing? Are people reevaluating their previous positions? It's too soon to gauge public opinion on Trump's latest moves this week. But the short answer is that we haven't seen many shifts of late in the already pretty dismal views of Trump's trade war at the macro level; if anything, views appear to have gotten slightly worse. But there have been some key shifts that suggest his base is more on-board than it used to be, which could allow Trump to press forward. Overall, foreign trade and tariffs remain some of the president's worst issues, and it continues to look like the policy that very few people (besides Trump) are asking for right now. Gallup polling shows Trump's approval on 'foreign trade' dropping from 42% in February to 36% in mid-July. Fox News polling around the same time showed Americans disapproved of Trump on tariffs by a 26-point margin, virtually the same as in April (25 points). And CBS News-YouGov polling shows people increasingly dislike that this is a priority for Trump. Its most recent data, from mid-July, show 61% say Trump is too focused on tariffs, similar to April but up from March. It also showed a new high in the percentage of people who say Trump isn't focused enough on lowering prices (70%). (This also ties into the tariffs, because tariffs are often inflationary.) The CBS data also show a slight drop in the percentage of Americans who think Trump's policies are making them better off financially (23% in March versus 18% today), and an increase in perceptions that his policies are making food prices increase (52% in March versus 62% today). Overall, Americans went from opposing the tariffs by 12 points in March to opposing them by 20 points today. So if there is a vibe shift on Trump's tariffs, it hasn't really shown up in the polls – at least yet. But as with most things Trump, overall views probably don't matter as much as how his base feels. The president has proven over and over again that he's happy to plow ahead as long as his supporters are on board. And those supporters might be growing in their tolerance for this gambit. The percentage of Republicans who say Trump is focused too much on tariffs in the CBS poll actually fell from 34% in April to 28% today. And polling from Quinnipiac University suggests Republicans are also less pessimistic about economic pain from the tariffs. Republicans were already much more patient with Trump's gambit. More than 8 in 10 said in that polling in both April and today that the tariffs were likely to help the economy over the long term. That's been consistent. But there has been a shift in Trump's favor in views of their short-term impact. While Republicans back in April were about evenly split on whether the tariffs would help or hurt in the short term, they now say by about a 2-to-1 margin that they'll help over the short term. While Republicans in April said 46-44% that the tariffs would help in the short term, they now say that 62-30%. Republicans also overwhelmingly express confidence in Trump's strategy on tariffs, saying it's working, 84-9%, in Quinnipiac's July polling. All of which suggests Trump's leash on this has lengthened with his base, which matters a great deal. It means GOP lawmakers who might feel compelled to try and check Trump on this gambit will probably be less likely to do so. But all of this is subject to change, particularly if the economic numbers look suspect like many economists predicted they will. How Republicans respond to that is when the rubber will really meet the road and the White House could face some really hard choices.

What does TACO mean? What to know when Trump issues new tariffs after 2 delays
What does TACO mean? What to know when Trump issues new tariffs after 2 delays

USA Today

time16 minutes ago

  • USA Today

What does TACO mean? What to know when Trump issues new tariffs after 2 delays

President Donald Trump signed an executive order to issue a new slate of tariffs on July 31, the latest in a long saga of policy changes for imports from countries around the world. Reciprocal tariff rates for 70 countries will range from 15% to 41%, set to go into effect seven days from the order. Trump also separately raised the tariff rate on imports from Canada from 25% to 35%, which is set to go into effect Aug. 1. Tariffs are a tax on goods from other countries that importers pay, and economists generally agree it leads to higher prices for consumers. Trump began imposing tariffs on imports from the U.S.'s top trade partners in February, only to change their effective date, scope or rate over the following months. The on-again-off-again tariffs have been a theme of Trump's second term, leading to the creation of the term TACO. Here is what to know: Live updates: Trump fires head of labor statistics bureau after weak jobs report What does TACO mean? Financial Times columnist Robert Armstrong coined "TACO trade" in May, describing how some investors anticipate market rebounds amid Trump's on-again, off-again tariff policies. The acronym stands for "Trump always chickens out." Armstrong describes TACO trade as many investors' strategy to buy into the market that dips when Trump announces steep tariffs on the assumption that he will back off his tariff order, and the market will rebound. Trump hit back at a reporter who asked about the term on May 28, saying, "you ask a nasty question like that. It's called negotiation." Trump's tariffs have been on-again-off-again Back in February, Trump announced a 25% tariff on goods from top trade partners Mexico and Canada and 10% on goods from China. Such was the start of a series of delays and negotiations that left Canada and Mexico relatively untouched when Trump expanded steeper tariff orders to the rest of the world in April. China and the U.S. were caught up in an intense trade war where the economic powerhouses retaliated until both sides issued tariffs in the triple digits. They reached a truce in May and have discussed extending the 90-day pause while they work out a deal. Trump on April 2 announced widespread tariffs in what he called "Liberation Day." Shortly after, he paused the climbing rates for 90 days. That pause was set to expire on July 9, but instead of the tariffs going into effect, Trump extended the deadline. That deadline was Aug. 1, and Trump had said the deadline would not change, but the recent order gives it another week. Mexico remains at 25% while it continues to work on a trade deal for the next 90 days, Trump said. Contributing: Joey Garrison, USA TODAY Kinsey Crowley is the Trump Connect reporter for the USA TODAY Network. Reach her at kcrowley@ Follow her on X and TikTok @kinseycrowley or Bluesky at @

White House monitors coverage of Epstein controversy and can't make it disappear
White House monitors coverage of Epstein controversy and can't make it disappear

CNN

time16 minutes ago

  • CNN

White House monitors coverage of Epstein controversy and can't make it disappear

President Donald Trump has begged his base to stop thinking about Jeffrey Epstein. But 25 days after his Justice Department declared it had nothing more to say on the convicted sex offender, the drumbeat for action continues. Some officials acknowledge, at least privately, that the administration will have to release more information on Epstein in an attempt to quiet accusations of a coverup. Administration officials told CNN that they believe the best antidote to the intense public interest in Epstein is time. But they also acknowledge that without the release of more tangible details, the attention may never fully subside. 'Either we release more documents and it's a confirmation of suspicions, or there is some gap between what people think and what we actually have,' a White House official said. 'And you have to address it directly.' The White House has been intensely monitoring cable news and media coverage of the controversy, sources said. Since Attorney General Pam Bondi sparked public uproar by declaring that Epstein's so-called 'client list' doesn't exist, the administration has scrambled to quell the outrage by moving to interview Epstein associate Ghislaine Maxwell and release sealed grand jury transcripts related to both her and Epstein's criminal cases. Maxwell, who is serving a 20-year sentence for sex trafficking and is likely one of the only living people who could shed more light on the extent of Epstein's crimes, was moved from her Florida prison to a lower-security facility in Texas on Friday. The Justice Department has not said why Maxwell was transferred. Nor has Deputy Attorney General Todd Blanche said anything about his two days of closed-door meetings with Maxwell, aside from promising in a statement that the DOJ would share more information about what they learned 'at the appropriate time.' Trump has not been accused of legal wrongdoing related to Epstein. The White House acknowledged but did not provide a response to a request for comment on this story. The story's staying power has partly been an issue of the president's own making. Trump is clearly frustrated by reporters who have him asked Epstein-related questions, but the small snippets of responses he does give — such as saying this week that he fell out with Epstein after the financier 'stole' a young woman, Virginia Giuffre, from working at Trump's Mar-a-Lago resort — only serve to reignite the public interest and sow further questions about what Trump knew about Epstein and when. That statement shocked the family of Giuffre, who died by suicide in April. 'She wasn't stolen, she was preyed upon at his property, at President Trump's property,' Giuffre's brother Sky Roberts told CNN. A Trump administration official acknowledged the president's statements have been unhelpful in tamping down the Epstein-related furor but added they are just manifestations of his intense anger about the situation. The posture within the administration, officials said, has been to reassure the public that it is still committed to sharing more information that has been collected and reviewed by the Justice Department. But that could present another dilemma for the administration: any document dump would likely require extensive redactions to protect the identities of children who were victims of Epstein's crimes. And pages full of black ink may serve only to raise the specter of a coverup, administration officials said. The administration is also being careful not to repeat history by overpromising, which would further upset the many high-profile figures in the president's base who have expressed their frustration over the issue. 'The frenzy and criticism we saw has abated somewhat since the first two weeks. That's in large part thanks to the administration making clear this isn't cased closed like they initially said,' a person close to Trump told CNN. 'But the idea that this can be buried, or will go away thanks to some bigger news story, is a fantasy,' this person said. 'Even if a news story sucks up the oxygen for a time, it will pop up again. It won't die until people get some real answers.' Friday was a prime example of the issue popping back up with Maxwell's surprise transfer. And there will be more court filings next week. In theory, August could bring some relief to an aspect of the Epstein news cycle with Congress on recess for the month, limiting actions from Democrats to force Republicans to take a public stand on the matter. And an attempt by House Republicans to interview Maxwell has failed for now. Maxwell made a list of demands, including requesting immunity and to be provided with a list of questions in advance. The House Oversight Committee on Friday rejected those demands. It did agree, however, to delay any deposition until after the Supreme Court weighs her pending appeal, which won't happen until the end of September. Meanwhile, while officials believe Trump's directive to Bondi to move to unseal grand jury transcripts related to the investigations of Epstein and Maxwell, as well as the Justice Department's interview of Maxwell in prison, are steps in the right direction, multiple people inside and outside of the administration maintain there's still recognition that the fury around Epstein will not abide until more substantial material is released. The limits of that information are well-established. For instance, the grand jury transcripts the Justice Department is asking to unseal from its investigation include testimony from only two witnesses, both law enforcement officials, according to a DOJ memo submitted this week. In an order Thursday evening, federal Judge Richard Berman asked for more information from the government regarding their motion to unseal grand jury transcripts from Epstein's case. Berman made several requests, including verifying the dates of all grand jury presentations in the case, providing exhibits shown to grand jurors and stating whether the government wants exhibits unsealed in addition to transcripts. Those answers are due Monday. Tuesday, meanwhile, is the deadline for Epstein's victims and Maxwell to respond to the DOJ's request to release grand jury files. The judge then has pledged to rule quickly. In the White House's version of a perfect world, the American people would be celebrating Trump's trade war successes, the record-low number of migrants crossing the southern border or the renewal of a society that is being shaped to the president's expansive vision. That may happen, but the Epstein story will remain no matter what. 'There is an acknowledgement that this isn't just going to go away,' one White House official told CNN. CNN's Annie Grayer and Casey Gannon contributed to this report.

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