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The Latest Breaking News from the White House

Bitcoin, Ethereum, XRP, Dogecoin Hold Steady As Tariff Letters Shake Up Markets

Cryptourrencies are drifting upwards on Tuesday morning as markets expect further tariff-related news from the White House.

Benzinga

‘They have promised retribution and retaliation’: the Washington lawyer Trump is targeting

In representing people suing the White House and publicly critiquing the president, Mark Zaid has drawn the ire of Trumpworld

The Guardian - US

Samsung expects profit to halve as tariffs and export curbs bite

The South Korean company’s second-quarter operating profit is expected to be less than half of what the company reported last year.

Euronews

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Trump says he has struck a trade deal with Hanoi — lowers tariffs to 20% for Vietnamese goods, but adds 40% tax on loophole Chinese companies use to circumvent measures

The U.S. and Vietnam have reached a tentative agreement that sets tariffs on Vietnamese goods at 20%, but hits transshipments with a 40% import tax.

Tom’s Hardware

Deadly floods could be new normal as Trump guts federal agencies, experts warn

Trump’s ‘cuts and chaos’ to agencies are opposite of what’s needed for era of worsening weather disasters, experts say

The Guardian - US

US To Send 'More Weapons' To Ukraine: Trump

President Donald Trump said Monday the United States will send additional weapons to Ukraine, after Russia claimed new gains in its grinding war against its neighbour.

International Business Times

Most Markets Rise As Trump Sends Tariff Letters, Delays Deadline

Most stocks rose Tuesday as traders cautiously welcomed Donald Trump's extension of his tariff deadline and indication he could push it back further, though uncertainty over US trade policy capped gains.

International Business Times

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China and US ‘should be in toughest tier’ of foreign influence scheme

The UK must also engage with Beijing economically ‘even if this prompts retaliation’ from the White House, the Chatham House report says.

Evening Standard

Trump Undermines His Own South Korea Trade Deal With New 25 Percent Tariffs

In 2018, Trump hailed a trade deal with South Korea as "fair and reciprocal" and said it was "a historic milestone in trade." So much for that.

Reason

White House challenged over ‘no Epstein list’ declaration after Attorney General said it was ‘sitting on her desk’

The White House has been challenged over its declaration that there was no Jeffrey Epstein “client list” despite the Attorney General previously saying she had it “sitting on my desk”.

The Independent UK

Trump's Surprise Tariffs Just Crushed Japan's Stocks, Yen And More (CORRECTED)

Correction: The current prime minister of Japan is Shigeru Ishiba, not Fumio Kishida.

Benzinga

Intel Shares Tumble On Sweeping Tariffs, AI Chip Curbs

Intel Corp (NASDAQ:INTC) shares are trading lower Monday afternoon as markets react to new global trade restrictions announced by the White House. President Donald Trump imposed sweeping 25% tariffs on all goods imported from Japan and South Korea, set to begin Aug. 1.

Benzinga

White House Dodges Questions on Previous Epstein Statements Despite Touting 'Transparency'

The White House dodged questions on Jeffrey Epstein after a bombshell report detailed that the Trump administration determined he did not keep a "client list."

International Business Times

Trump has promised $5m ‘gold card’ visas. Experts say they’re unlikely to ever happen

A fast track to legal status is likely illegal without Congress, and it’s unclear if interest in the idea translates to applications

The Independent UK

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The Guardian - US

Trump delays tariff hikes again but announces new rates for some countries

US president posted copies of letters addressed to leaders of both countries on social media, stoking further confusion

The Independent UK

A Vermont dairy farm was raided. The mixed messages from Washington since then have increased fears

The arrest of eight Vermont dairy farmers in April sent shock waves throughout New England's agriculture industry, and fears haven't abated since then given the mixed messages from the White House

Bored Panda

Family Of Travis Kelce’s Boss Loses Girl, 9, In Texas Floods And Releases Heartbreaking Statement

Kansas City Chiefs owner Clark Hunt's family speaks out about losing a young cousin in the Texas floods.

Fortune

America Party is ‘exactly the opposite’ of what Elon Musk’s shareholders want and could force Tesla's board to intervene, warns Dan Ives

The veteran Tesla bull says there is a "sense of exhaustion" from many investors that their CEO keeps heading down the political track.

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Barchart

Synopsys Pops as Chip Export Restrictions Lift. Should You Buy SNPS Stock Now?

Synopsys shares gained after the White House lifted restrictions on export of chip-design software to China. Berenberg analysts believe SNPS shares could hit $600 in the coming months.

International Business Times UK

TikTok App US Sale Update: Trump Says He Has a Buyer – But Will China Agree to the Deal?

According to reports, Chinese President Xi Jinping is holding off on approving any sale until he can use TikTok as leverage in broader trade negotiations with the White House.

Fortune

Musk forms the America Party and Sam Altman backs ‘techno-capitalism’ as crumbling economic consensus gives way to rival visions

“A new economic order is forming—which means that it is not yet fixed and can still be shaped.”

Euronews

New details emerge on Gaza ceasefire proposal as Netanyahu heads to the White House

Diplomatic efforts are ongoing as US President Donald Trump looks to secure a ceasefire deal between Israel and Hamas. Israel has previously accepted the US proposal, meanwile Hamas has "submitted a positive response" to the mediators.

The Independent UK

Elon Musk claims he has launched a new party. Will it work?

He’s built rockets and electric vehicles, but some experts are skeptical as to whether the world’s richest person can successfully build a new political party

The Independent UK

Scott Bessent spars with CNN host over whether Trump’s tariffs count as trade deals

Treasury secretary tweaks Elon Musk’s unpopularity while defending Trump’s tariff strategy ahead of looming deadline

The Independent UK

Other GOP-led states are considering ‘Alligator Alcatraz’ knock-offs, according to survey

As the opening of Florida’s ‘Alligator Alcatraz’ is imminent, other states with Republican leadership have been in touch with the White House about opening similar facilities, according to a new report.

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