
Trump's dangerous health care policies will be on the ballot in 2026
'The only issues on which voters prefer congressional Democrats to Republicans,' a Wall Street Journal poll recently found, 'are health care and vaccine policy.'
That fits with a late July Fox News poll that found 53 percent disapproval for Trump's call for increased work requirements for Medicaid as part of the tax and spending bill passed by Republicans in Congress.
The bill eliminated more than $1 trillion from funding for Medicaid, creating an alarming threat to hospitals in small towns and rural areas. The Congressional Budget Office estimates that 12 million poor and working-class people are at risk of losing Medicaid coverage and insurance plans now available under the Affordable Care Act.
The cost of drugs for all seniors on Medicare is also expected to rise, due to Republican cuts to subsidies.
Americans are 'seeing health care stripped away from them,' said North Carolina's Roy Cooper (D), the popular former governor in a state with a lot of small towns and rural areas. Cooper plans to make high prices a prime message in his campaign, with a strong focus on health care, in the race for the Senate seat being vacated by Republican Sen. Thom Tillis.
Messages about declining access to health care now appear on billboard signs paid for by the Democratic National Committee. They stand near rural hospitals and nursing homes in six states that voted for Trump.
'UNDER TRUMP'S WATCH [this hospital] IS CUTTING MEDICAL SERVICES,' warn the DNC billboards. Forty-five percent of those hospitals already operate at a loss, according to the head of the National Rural Health Association.
In Congress, Democrats are coming to realize the power of messages on Trump's cuts to health care protection. Senate Democratic Leader Sen. Chuck Schumer (N.Y.) wrote to Secretary of Health and Human Services Robert Kennedy Jr. last month to call for him to declare a 'Public Health Emergency' to deal with the nation's 'largest measles outbreak in 33 years.'
'It is incredibly troubling that these tragic deaths due to measles … are being met with an inadequate public health response,' Schumer wrote. He called out Kennedy for having 'laid off disease experts, cancelled National Institutes of Health research into vaccine hesitancy, fired scientist from the nation's top immunization panel and stripped over $11 billion in federal public health grants — including $550 million from Texas during the peak of its outbreak.'
Kennedy ignored Schumer. He went in the other direction, attacking doctors as profiting from giving vaccines. Kennedy told podcaster Tucker Carlson that doctors have 'perverse incentives' to give vaccines to children, with '50 percent of revenues to most pediatricians [coming] from vaccines.'
When reporters asked HHS for proof of that slanderous claim against the nation's pediatricians, they had no factual response. Dr. David Higgins of the University of Colorado told The New York Times that Kennedy's claim went beyond insulting. It was 'dangerous' because it led parents to doubt the need for vaccines.
'If we were motivated by profit, we'd make more money treating the complications of preventable diseases than by preventing them in the first place,' said Dr. Higgins.
Kennedy, meanwhile, has fired over 10,000 HHS employees. Recently, he dismissed an entire federal vaccine advisory panel. This is the same man who continues to promote the long-debunked link between vaccines and autism.
Kennedy's approach to health care as a matter of politics instead of science is a perfect fit in the Trump administration.
Earlier this year, the White House had falsely claimed that $68 million in American money was, in Trump's words, 'being sent to Gaza to buy condoms for Hamas,' where terrorists used the condoms 'as a method of making bombs.'
The International Medical Corps reported that it received a $68 million grant that was used to keep two field hospitals open in war-torn Gaza. None of the money was used for condoms.
Similarly, a stunningly false Trump administration health care claim came from the Office of Management and Budget. Testifying before the Senate in June, Russell Vought, OMB's director, said that more than $9 million being cut under the president's tax and spending bill came out of a program being used to 'advise Russian doctors on how to perform abortions and gender analysis.' In fact, he was referring to the President's Emergency Plan for AIDS Relief program, started under President George W. Bush.
'The claim was false,' the Times reported, 'and it nearly derailed bipartisan support for a program credited with saving 26 million lives.'
Democrats have struggled to find effective messaging to counter Trump's populist appeal in the first six months of his second term.
Sixty-three percent of voters have an unfavorable view of the Democrats. That is the very bottom of the barrel in the last 35 years of polling on the party's favorability, according to The Wall Street Journal. And it comes despite the Epstein scandal, despite Trump's failed promises to stop wars and despite the Journal poll finding that most voters disapprove of Trump's handling of inflation, economy and tariffs.
But the breakdown in national health care is starting to break through. I was a young reporter in Washington when attention to AIDS rocketed following the death of actor Rock Hudson. Since then, more than 700,000 Americans have died of AIDS — a disproportionate number of them Black. Government inaction exacerbated the suffering.
How can America repeat that failure?
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Intel CEO to meet with Trump at White House, WSJ reports
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Trump tariffs live updates: Trump says gold will not face a tariff; Nvidia, AMD agree to unusual revenue deal
President Trump on Monday said imports of gold (GC=F) to the US would not face a tariff. "Gold will not be Tariffed!" Trump wrote on social media. Gold futures were little changed after Trump's post. Prices for the metal were sliding on Monday. The White House had said last week that the administration would issue a new policy clarifying whether gold bars would be subject to duties after a US government agency said they would, prompting chaos and confusion in the market. Elsewhere on Monday, Nvidia (NVDA) and AMD (AMD) agreed to pay the US 15% of the revenue for AI-related chip sales to China, adding a monetization layer to the Trump administration's tariff policy that has reoriented global trade relationships. 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Bloomberg reports: Read more here. Trump says, 'Gold will not be Tariffed!' President Trump posted on social media that gold will not be subject to tariffs after a surprise US Customs and Border Protection (CBP) ruling sparked confusion over whether the precious metal faced duties. "A Statement from Donald J. Trump, President of the United States of America: Gold will not be Tariffed!" Trump wrote on Truth Social on Monday afternoon. On Friday, the Financial Times reported that CBP classified Swiss one-kilogram and 100-ounce bars of gold as subject to 39% tariffs recently imposed on Switzerland by the Trump administration. Gold futures (GC=F) declined 2.5% early on Monday as investors awaited clarity from the White House over its trade position on the precious metal amid reports that imports of Swiss gold bars would not be exempt from tariffs. President Trump posted on social media that gold will not be subject to tariffs after a surprise US Customs and Border Protection (CBP) ruling sparked confusion over whether the precious metal faced duties. "A Statement from Donald J. Trump, President of the United States of America: Gold will not be Tariffed!" Trump wrote on Truth Social on Monday afternoon. On Friday, the Financial Times reported that CBP classified Swiss one-kilogram and 100-ounce bars of gold as subject to 39% tariffs recently imposed on Switzerland by the Trump administration. Gold futures (GC=F) declined 2.5% early on Monday as investors awaited clarity from the White House over its trade position on the precious metal amid reports that imports of Swiss gold bars would not be exempt from tariffs. Small US firms paying Trump tariffs face $202B annual hit Small US businesses are struggling to comply with President Trump's new tariffs. These companies, which are the source of more than half of the country's job creation are also finding it hard to cope with the growing financial strain from higher import costs. Bloomberg News: Read more here. Small US businesses are struggling to comply with President Trump's new tariffs. These companies, which are the source of more than half of the country's job creation are also finding it hard to cope with the growing financial strain from higher import costs. Bloomberg News: Read more here. Trump on China extension: We'll see what happens President Trump said China has been "dealing quite nicely" with the US, a possible hint that his administration is preparing to extend the countries' trade truce past a deadline that expires Tuesday. "We'll see what happens," he said during a White House press conference, adding, "They've been dealing quite nicely." The countries have held multiple rounds of trade talks during the 90-day suspension of sky-high tariffs on each other. 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Swiss government to meet pharma firms to discuss US tariffs The Swiss government is due to meet this week with leaders from Swiss pharmaceutical companies Roche and Novartis, which have faced pressure from President Trump to lower their drug prices in the US. The meeting comes as Switzerland aims to negotiate for a lower tariff rate than the 39% rate the Trump administration imposed last week. And should Trump follow through on pharmaceutical tariffs as well, Roche and Novartis are considered to be more exposed, as they have comparatively fewer US manufacturing sites. From Reuters: Read more here. The Swiss government is due to meet this week with leaders from Swiss pharmaceutical companies Roche and Novartis, which have faced pressure from President Trump to lower their drug prices in the US. The meeting comes as Switzerland aims to negotiate for a lower tariff rate than the 39% rate the Trump administration imposed last week. And should Trump follow through on pharmaceutical tariffs as well, Roche and Novartis are considered to be more exposed, as they have comparatively fewer US manufacturing sites. From Reuters: Read more here. New gold tariffs are in effect. Will Costco gold bars be affected? Gold (GC=F) has been surging all year, and buying gold bars from Costco is just about the easiest way to get your hands on the precious metal — if you're lucky enough to find them in stock. However, the surprising announcement of additional tariffs on gold bars by US Customs and Border Protection (CBP) left many wondering if the duties applied to Costco's gold bars as well. Yahoo Finance's Hal Bundrick reports: Read more here. Gold (GC=F) has been surging all year, and buying gold bars from Costco is just about the easiest way to get your hands on the precious metal — if you're lucky enough to find them in stock. However, the surprising announcement of additional tariffs on gold bars by US Customs and Border Protection (CBP) left many wondering if the duties applied to Costco's gold bars as well. Yahoo Finance's Hal Bundrick reports: Read more here. US consumers to bear brunt of tariff hit: Goldman Goldman Sachs GS) says that President Trump's tariffs are only beginning to raise prices for shoppers, adding more uncertainty to the Treasury market where investors are unsure about how quickly interest rates will be cut. Bloomberg News reports: Read more here. Goldman Sachs GS) says that President Trump's tariffs are only beginning to raise prices for shoppers, adding more uncertainty to the Treasury market where investors are unsure about how quickly interest rates will be cut. Bloomberg News reports: Read more here. Nvidia, AMD to pay 15% on China AI chip sales in US deal Nvidia (NVDA) and AMD (AMD) have agreed to give 15% of their revenue from AI chip sales in China to the US government. This deal helps them get export licenses but is an unusual step that might worry both companies and Beijing. Nvidia will share 15% of earnings from its H20 AI accelerator in China, while AMD will do the same for its MI308 chip. Bloomberg News reports: Read more here. Nvidia (NVDA) and AMD (AMD) have agreed to give 15% of their revenue from AI chip sales in China to the US government. This deal helps them get export licenses but is an unusual step that might worry both companies and Beijing. Nvidia will share 15% of earnings from its H20 AI accelerator in China, while AMD will do the same for its MI308 chip. Bloomberg News reports: Read more here. Why Trump's soybean ask of China is 'highly unlikely' China is the world's largest soybean buyer, with nearly a quarter of those purchases coming from the US (and most of the rest coming from Brazil). President Trump's statement that he hopes "China will quickly quadruple its soybean orders" would require China to import the vast majority of its soybeans from the U.S. "It's highly unlikely that China would ever buy four times its usual volume of soybeans from the US," Johnny Xiang, founder of Beijing-based AgRadar Consulting, told Reuters. Read more here. China is the world's largest soybean buyer, with nearly a quarter of those purchases coming from the US (and most of the rest coming from Brazil). President Trump's statement that he hopes "China will quickly quadruple its soybean orders" would require China to import the vast majority of its soybeans from the U.S. "It's highly unlikely that China would ever buy four times its usual volume of soybeans from the US," Johnny Xiang, founder of Beijing-based AgRadar Consulting, told Reuters. Read more here. US gold futures fall as traders await clarification on tariffs US gold futures (GC=F) in New York fell 2% as traders waited for the White House to clarify its tariff policy. Last week, the US Customs and Border agency surprised the market by ruling that 100oz and 1kg gold bars would face tariffs. Bloomberg News reports: Read more here. US gold futures (GC=F) in New York fell 2% as traders waited for the White House to clarify its tariff policy. Last week, the US Customs and Border agency surprised the market by ruling that 100oz and 1kg gold bars would face tariffs. Bloomberg News reports: Read more here. Swiss economy seen weathering Trump's tariff shock for now Bloomberg News reports: Read more here. Bloomberg News reports: Read more here. Commentary: Tariffs are denting profits, and maybe soon your portfolio With over two-thirds of companies having reported earnings, Yahoo Finance found more than four dozen large firms saying tariffs are impacting their businesses in some material way. Yahoo Finance's Rick Newman reports: Read more here. With over two-thirds of companies having reported earnings, Yahoo Finance found more than four dozen large firms saying tariffs are impacting their businesses in some material way. Yahoo Finance's Rick Newman reports: Read more here. A 240-year-old Swiss watchmaker's race to beat Trump's tariff deadline It was a chaotic week for the 240-year-old Swiss watch manufacturer DuBois et fils, as the company rushed to ship watches before President Trump's surprise 39% tariff rate on Switzerland went into effect on Thursday. It was a race against time for DuBois CEO Thomas Steinemann and his company to ship five high-end watches to the US before blocking orders on its US website. Overall, the US accounts for 17% of Switzerland's watch exports. As of April, goods from the country faced a much lower 10% tariff rate. Reuters reports: Read more here. It was a chaotic week for the 240-year-old Swiss watch manufacturer DuBois et fils, as the company rushed to ship watches before President Trump's surprise 39% tariff rate on Switzerland went into effect on Thursday. It was a race against time for DuBois CEO Thomas Steinemann and his company to ship five high-end watches to the US before blocking orders on its US website. Overall, the US accounts for 17% of Switzerland's watch exports. As of April, goods from the country faced a much lower 10% tariff rate. Reuters reports: Read more here. Tariffs are starting to squeeze farmers' profits President Trump has said he loves farmers, but his policies are starting to ripple across the agriculture industry. Trump's tariff policies, in particular, are beginning to raise the cost of machinery and fertilizers, weighing on profits. Bloomberg reports: Read more here. President Trump has said he loves farmers, but his policies are starting to ripple across the agriculture industry. Trump's tariff policies, in particular, are beginning to raise the cost of machinery and fertilizers, weighing on profits. Bloomberg reports: Read more here. The US has slapped a 39% tariff on Switzerland, leaving the country's leaders reeling Bloomberg took a deep dive looking at how the tariff negotiations between the Trump administration and Switzerland began with promise, but eventually led to the US slapping a devastating 39% levy on the country: Read more here. Bloomberg took a deep dive looking at how the tariff negotiations between the Trump administration and Switzerland began with promise, but eventually led to the US slapping a devastating 39% levy on the country: Read more here. Trump says US court ruling against tariff authority 'would be 1929 all over again' Yahoo Finance's Alexis Keenan reports: Read more here. Yahoo Finance's Alexis Keenan reports: Read more here. Carney is patching up ties with Mexico in face of Trump threats Canadian Prime Minister Mark Carney is working to repair relations with Mexico as both nations prepare for the fallout from US tariffs. Canrey recently met with Mexican President Claudia Sheinbaum and various corporate executives. Bloomberg reports: Read more from Bloomberg here. Canadian Prime Minister Mark Carney is working to repair relations with Mexico as both nations prepare for the fallout from US tariffs. Canrey recently met with Mexican President Claudia Sheinbaum and various corporate executives. Bloomberg reports: Read more from Bloomberg here. Swiss plane maker Pilatus halts business jet deliveries to US over tariffs Swiss aircraft manufacturer Pilatus said it temporarily stopped deliveries of its PC-12 and PC-24 business jets to the US after President Trump imposed a punishing 39% tariff rate on imports from Switzerland. "The new customs tariff imposed by the US authorities represents a significant competitive disadvantage for Pilatus," the privately held company said. From Reuters: Read more here. Swiss aircraft manufacturer Pilatus said it temporarily stopped deliveries of its PC-12 and PC-24 business jets to the US after President Trump imposed a punishing 39% tariff rate on imports from Switzerland. "The new customs tariff imposed by the US authorities represents a significant competitive disadvantage for Pilatus," the privately held company said. From Reuters: Read more here. Under Armour forecasts downbeat quarterly sales, shares drop Under Armour (UA) stock slumped 12% before the bell on Friday after the sportswear maker forecast second-quarter revenue below Wall Street estimates. The company is grappling with muted demand in North America due to still-high inflation and tariff uncertainty. Reuters reports: Read more here. Under Armour (UA) stock slumped 12% before the bell on Friday after the sportswear maker forecast second-quarter revenue below Wall Street estimates. The company is grappling with muted demand in North America due to still-high inflation and tariff uncertainty. Reuters reports: Read more here. China defends buying Russian oil after Trump's tariff threat China defended its purchase of Russian oil on Friday, pushing back against President Trumps threat to impose higher tariffs on Beijing for buying energy from Moscow. Trump warned both China and India this week and said he would impose higher tariffs on the nations if they didn't stop buying oil from Russia. The US president followed through on his threat by slapping an additional 25% tariff on India, bringing the total to 50%. Bloomberg News reports: Read more here. China defended its purchase of Russian oil on Friday, pushing back against President Trumps threat to impose higher tariffs on Beijing for buying energy from Moscow. Trump warned both China and India this week and said he would impose higher tariffs on the nations if they didn't stop buying oil from Russia. The US president followed through on his threat by slapping an additional 25% tariff on India, bringing the total to 50%. Bloomberg News reports: Read more here. Gold bar tariff surprise gives new blow to Switzerland The US has imposed tariffs on imports of 1kg and 100oz gold bars, unleashing fresh turmoil in the global bullion market. The move threatens trade from Switzerland and other major refining centers. US Customs and Border Protection confirmed that these gold bars are now subject to tariffs, contradicting earlier industry expectations. The Financial Times first reported this change. Bloomberg reports: Read more here. The US has imposed tariffs on imports of 1kg and 100oz gold bars, unleashing fresh turmoil in the global bullion market. The move threatens trade from Switzerland and other major refining centers. US Customs and Border Protection confirmed that these gold bars are now subject to tariffs, contradicting earlier industry expectations. The Financial Times first reported this change. Bloomberg reports: Read more here.
Yahoo
15 minutes ago
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South Carolina lawmaker awaiting trial on child sex abuse material charges resigns from office
COLUMBIA, S.C. (AP) — A South Carolina Republican lawmaker in jail awaiting trial on charges he distributed sexual abuse material involving children has resigned his seat in the state House. RJ May's resignation letter was dated Thursday but didn't arrive at the offices of House leadership until Monday morning. May wrote that 'it is in the best interests of my family and constituents to resign immediately.' It does not mention the 10 charges he faces or the more than a decade in prison that prosecutors have suggested May could face if convicted. The return address on the letter was May's Lexington post office box. He is currently being held at the Edgefield County jail without bond as he awaits trial as soon as next month. May's federal public defender did not respond to an email Monday. The three-term Republican is accused of using the screen name 'joebidennnn69' to exchange 220 different files of toddlers and young children involved in sex acts on the Kik social media network for about five days in spring 2024, according to court documents that graphically detailed the videos. The files were uploaded and downloaded using May's home Wi-Fi network and his cellphone, prosecutors said. Some were hidden by the use of a private network but others were directly linked to his internet addresses. At his arraignment, May's lawyer suggested someone could have used the Wi-Fi password that was shown on a board behind a photo May's wife may have posted online. Each of the 10 charges carries a five-to-20-year prison sentence upon conviction. Calls for May's resignation were nearly unanimous in the South Carolina House, including members who were most closely aligned with May as he helped found the Freedom Caucus of the chamber's most conservative members. The House Ethics Committee last month started an investigation that appeared to be the first step in trying to kick May out of the House. May worked as a political consultant. He was elected in 2020 and in his five years in the House upset many mainstream Republicans as he continued to run campaigns for people looking to knock out incumbents in GOP primaries. The timing of May's resignation should allow his replacement to be chosen in a special election before the 2026 General Assembly session starts in January.