President Donald Trump ’s latest executive order delaying official tariff increases on dozens of countries until Aug. 1 has relieved some pressure on world markets, but he also ordered a 25% tax on goods imported from Japan and South Korea, citing persistent trade imbalances with the two crucial U.S. allies in Asia.
Trump will hold his first Cabinet meeting since April on Tuesday morning. And Trump plans a Friday visit to Texas, where flash floods killed more than 100 people, raising questions about whether more people will suffer due to his cuts to the National Weather Service and Federal Emergency Management Agency.
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Trump says Aug. 1 is the hard deadline for the new tariff rates to be paid, deflating expectations of more delays.
Trump posted Tuesday on Truth Social that “all money will be due and payable starting AUGUST 1, 2025 - No extensions will be granted.”
Trump administration officials had suggested that negotiations could still happen leading up to the date. Trump published letters to 14 nations on Monday, listing tax rates on their imported goods.
Several — including South Africa, South Korea and Japan — indicated that they would continue to negotiate. But Trump said his deadline is firm: “There has been no change to this date, and there will be no change.”
The State Department is warning U.S. diplomats of attempts to impersonate the Secretary of State and possibly other officials using AI-driven technology, according to two senior officials and a cable sent to all embassies and consulates.
An impostor posing as Rubio tried to reach out to at least three foreign ministers, a U.S. senator and a governor by text, Signal and voice mail, according to the July 3 cable, which was first reported by The Washington Post. A copy of the cable was shared with The Associated Press.
One official said the hoaxes were unsuccessful and “not very sophisticated.” Nonetheless, the second official said the department deemed it “prudent” to advise all employees and foreign governments, particularly as efforts by foreign actors to compromise information security increase. They spoke on condition of anonymity because they were not authorized to discuss the matter publicly.
The death toll has surpassed 100 in the catastrophic flooding, and hundreds of volunteers are helping with one of the largest rescue operations in Texas history.
Questions are mounting about what actions, if any, officials took to warn campers and residents as torrential rains struck the area known as “flash flood alley,” and whether more people will suffer due to Trump’s cuts to the National Weather Service and Federal Emergency Management Agency.
At Camp Mystic, the century-old all-girls Christian summer camp where at least 27 campers and counselors died and 10 campers and one counselor have still not been found, Texas Gov. Greg Abbott planned another visit Tuesday, and Trump plans a tour on Friday.
Netanyahu is expected to meet privately with Republican U.S. House Speaker Mike Johnson around noontime at the Capitol.
Senate leaders from both parties, Republican and Democrat, will meet with Netanyahu later in the afternoon.
The talks come as the war in Gaza strains Israel’s once-broad bipartisan support in the U.S. Congress.
A federal judge has allowed the Trump administration to rescind nearly $800 million in grants for programs supporting violence reduction and crime victims.
U.S. District Judge Amit Mehta in Washington denied a preliminary injunction sought by five organizations on behalf of all recipients of the more than 360 grant awards, and granted a motion by the federal government to dismiss the case on Monday.
Mehta called the Department of Justice’s actions “shameful,” but said the court lacked jurisdiction and the organizations had failed to state a constitutional violation or protection.
The Justice Department’s Office of Justice Programs cancelled the grants in April, saying it had changed its priorities to, among other things, more directly support certain law enforcement operations, combat violent crime and support American victims of trafficking and sexual assault.
The Transportation Security Administration has not officially confirmed media reports that for the first time in almost 20 years, travelers may no longer be required to take off their shoes during security screenings at certain U.S. airports.
Homeland Security Secretary Kristi Noem will host a 5 p.m. ET press conference at Ronald Reagan Washington National Airport to announce a new TSA policy “that will make screening easier for passengers, improve traveler satisfaction, and reduce wait times,” her agency said.
If implemented, it would put an end to a security screening mandate put in place almost 20 years ago, several years after “shoe bomber” Richard Reid’s failed attempt to take down a flight from Paris to Miami in late 2001.
▶ Read more about the TSA’s policy announcement
The California Democrat aims to meet voters in coffee shops, small businesses and churches across rural areas in the early-voting state on Tuesday and Wednesday, the latest signal that he’s eyeing a 2028 run for president.
The investment of time in a state pivotal to picking his party’s presidential nominees, and Newsom’s trajectory across some of its reddest areas, suggest that the term-limited governor is angling to shed his San Francisco liberal image, get ahead of what’s sure to be a crowded 2028 field and make inroads with the diverse Democratic electorate seen as critical for their party’s nominee.
His stops include the small town of Seneca, which four-term GOP Sen. Lindsey Graham calls home. Trump won more than 75% of votes cast in the surrounding Oconee County last year.
1. Myanmar: 40% — Clothing, leather goods, seafood
2. Laos: 40% — Shoes with textile uppers, wood furniture, electronic components, optical fiber
3. Cambodia: 36% —Textiles, clothing, shoes, bicycles
4. Thailand: 36% — Computer parts, rubber products and gemstones
5. Bangladesh: 35% — Clothing
6. Serbia: 35% — Software and IT services; car tires
7. Indonesia: 32% — Palm oil, cocoa butter, semiconductors
8. Bosnia and Herzegovina: 30% — Weapons and ammunition
9. South Africa: 30% — Platinum, diamonds, vehicles and auto parts
10. Japan: 25% — Autos, auto parts, electronics
11. Kazakhstan: 25% — Oil, uranium, ferroalloys and silver
12. Malaysia: 25% — Electronics and electrical products
13. South Korea: 25% — Vehicles, machinery, electronics
14. Tunisia: 25% — Animal and vegetable fats, clothing, fruit and nuts
It will be the president’s first meeting with those running the Cabinet departments and other agencies since April 30.
Trump uses these meetings to talk about his “wins” while Cabinet secretaries use them to praise his leadership.
The April meeting — broadcast live on television — lasted about two hours. A lot has happened since then, including U.S. military airstrikes against Iran’s nuclear facilities and the enactment of Trump’s tax and spending cuts bill.
Today’s meeting is scheduled for 11 a.m. ET. It follows Trump’s dinner meeting Monday evening at the White House with Israeli Prime Minister Benjamin Netanyahu.
Wall Street was mixed in quiet trading early Tuesday. Futures for the S&P 500 added 0.1% before the bell, while futures for the Dow Jones Industrial Average shed 0.1%. Nasdaq futures rose 0.2%.
Markets tumbled Monday after President Donald Trump set a 25% tax on goods imported from Japan and South Korea and new tariff rates on a dozen other nations scheduled to go into effect on Aug. 1.
The S&P slid 0.8% on Monday to its biggest one-day decline since June, but remains near record levels. The Dow and Nasdaq fared about the same, but the wild, tariff-induced swings of the spring seem to have tempered.
▶ Read more on today’s financial markets action
Shigeru Ishiba said Tuesday during a meeting of his entire Cabinet in Tokyo that Trump’s announcement of 25% tariffs on all goods from Japan “is extremely regrettable,” and expressed his determination to continue negotiating patiently for a mutually beneficial agreement while protecting Japan’s national interests.
Ishiba noted that Trump’s latest tariff rate is lower than what he had threatened earlier, opening the way for more negotiations ahead of Trump’s latest deadline of Aug. 1.
He instructed his ministers to do their utmost to seek a mutually beneficial agreement while doing everything they can to mitigate the impact on Japanese industries and employment.
The White House won’t say if Trump, who plans to visit flood-ravaged Texas on Friday, will be rethinking phasing out the Federal Emergency Management Agency.
Asked if Trump may delay his promise to close FEMA and leave disaster response up to the states, Leavitt said, “The president has always said he wants states to do as much as they can,” and added that Texas officials are doing a “tremendous job.”
Pressed in a subsequent question about phasing out FEMA, Leavitt said she’d already answered the question — even though she hadn’t.
She also bristled at suggestions that Trump's deep cuts to federal services may have affected the government response. She blamed Democrats, said faulting “President Trump for these floods is a depraved lie” and insisted that the National Weather Service “did its job” by spreading warnings about possible catastrophic flooding.
The Trump administration is stepping up pressure on trading partners to quickly make new deals before a Wednesday deadline, with plans for the United States to start sending letters Monday warning countries that higher tariffs could kick in Aug. 1.
That furthers the uncertainty for businesses, consumers and America’s trading partners, and questions remain about which countries will be notified, whether anything will change in the days ahead and whether President Donald Trump will once more push off imposing the rates. Trump and his top trade advisers say he could extend the time for dealmaking but they insist the administration is applying maximum pressure on other nations.
Kevin Hassett, director of the White House National Economic Council, told CBS’ “Face the Nation” on Sunday that Trump would decide when it was time to give up on negotiations.
