The White House updated its tariff plan on Thursday evening hours before President Donald Trump’s deadline for new trade agreements was set to kick in.
The new <a href="https://www.whitehouse.gov/presidential-actions/2025/07/further-modifying-the-reciprocal-tariff-rates/">plan</a> pushes the implementation of tariffs back a week from August 1 to August 7 to give Customs and Border Patrol officials time to adjust to the new levies leveled at dozens of countries. The new plan also reveals a host of tariff rates that are set to kick in.
The 10% universal tariff will remain the floor for tariff rates for trade with the United States. Only countries that have a trade deficit with the United States – meaning they import more from the United States than they export – will receive the 10% tariff rates. For countries that have a trade surplus with the United States, their goods will be tariffed at least at 15%, according to the White House plan.
Other countries that have struck new trade agreements with the United States will have various tariff rates based on the terms of the agreement.
More than a dozen countries will face a higher tariff rate than 15%, ranging from 19% to 41%.
“President Trump is using tariffs as a necessary and powerful tool to put America First after many years of unsustainable trade deficits that threaten our economy and national security,” the White House said in a statement, according to <a href="https://www.cnn.com/business/live-news/trade-deadline-tariffs-trump-deals#cmds0clsz0000356toc8am68m">CNN</a>.
A senior administration official briefing reporters on the details of the plan on Thursday evening said that “the president has essentially reordered global trade,” according to <a href="https://www.nytimes.com/live/2025/07/31/us/trump-news/8ca2d2ab-bb6b-5e71-b748-5ddfc556b984?smid=url-share">The New York Times</a>. The official added that Trump is accomplishing “the type of outcomes that the WTO and the multilateral trading system have failed to accomplish at scale over the last 25 years.”
Alongside its new tariff plan for international trade, the White House announced steeper tariffs on Canada. The Trump administration said in a statement that the United States would be “increasing the tariff on Canada from 25% to 35%, with the higher tariff set to go into effect on August 1, 2025.”
“Canada has failed to cooperate in curbing the ongoing flood of fentanyl and other illicit drugs, and it has retaliated against the United States for the President’s actions to address this unusual and extraordinary threat to the United States,” a White House fact sheet <a href="https://www.whitehouse.gov/fact-sheets/2025/07/fact-sheet-president-donald-j-trump-amends-duties-to-address-the-flow-of-illicit-drugs-across-our-northern-border/">says</a>.
Ontario Premier Doug Ford hit back immediately at the White House announcement, urging Canada’s government to fight the tariff hike. “Canada shouldn’t settle for anything less than the right deal. Now is not the time to roll over. We need to stand our ground,” Ford said in a <a href="https://x.com/fordnation/status/1951059263943745566">post</a> on social media.

Donald Trump

White House Drops New Tariff Plan On Eve Of Trump’s Trade Deadline

Economy

Executive

Global Politics

Politics

Tariffs

United States

Despite all of the suggestions that President Trump is a wild man who&#8217;s going to destroy the American economy, on Wednesday, the second quarter GDP numbers came in at 3%, well beyond expectations.
That&#8217;s a very solid number.
Democrats are freaking out over all of this.
Meanwhile, Treasury Secretary Scott Bessent warns that the economy better stay strong because on the other side, you&#8217;ve got a bunch of rampant socialists ready to go, saying, “Why are we on the verge of Caracas-on-the-Hudson in New York? Why is this guy getting traction? Because young people are disillusioned with the system. So when you do this, you make everyone a shareholder. You make everyone a stakeholder. People who are part of the system do not want to bring down the system.”
This means it&#8217;s very important that the Trump economy stay on track. And here&#8217;s where you have a lot of crosswinds in the Trump economy; there are some very, very salutary signs for the Trump administration, and there are also some kind of strange things about this GDP report that could signal choppy waters in the future.
As The Wall Street Journal <a href="https://www.wsj.com/opinion/gdp-report-economy-consumers-donald-trump-tariffs-d9879d98?gaa_at=eafs&amp;gaa_n=ASWzDAjoBZ-3soVj3PoiK6aZTxcWr-FB49jxMVLYmga1eVzqoEE8IiSRvnAbg7mu4Rk%3D&amp;gaa_ts=688bb106&amp;gaa_sig=cOBkFdPHgQNhwQQJhynsChDmYEuJk6LXrV3C3ncI070tCEl4mrbYY15Uv98Aq05eUHNcd-o0f1M9esecfFfJ5A%3D%3D">pointed out</a>:
<blockquote>Most striking are the second quarter report’s wild internal details. Net exports (exports minus imports) added a remarkable 4.99% to GDP as imports fell 30.3%. Imports subtract from growth in the national accounts because GDP measures domestic production. Imports are produced overseas. But imports are still crucial to U.S. economic well-being because consumers buy them and businesses use them as inputs for what they produce—and often export. The crazy swing in imports shows how much Mr. Trump’s up-and-down trade policies have disrupted business decisions and left companies scrambling to adapt. This seems to have had a negative effect on private domestic investment, which fell 15.6% in the second quarter after a surge in the first. 
Nonresidential business investment contributed only 0.27% to GDP, as businesses rapidly drew down their inventories. Chalk this up as another result of the uncertainty caused by on-again, off-again, on-again tariffs. The doughty U.S. consumer was less affected, contributing 0.98% to GDP—decent if hardly bullish. But it’s notable that final sales to private domestic purchasers, a key measure of demand, rose only 1.2%. That’s the lowest since the fourth quarter of 2022.</blockquote>
Prices continue to remain steady, which is why you&#8217;re not seeing inflation right now. So what does all of this mean?
The answer is nobody knows. The Wall Street Journal is saying this openly. The second quarter was all but over before the passage of the one “big, beautiful bill.” It&#8217;s going to have new incentives for business investment. It could save the Trump economy. Trade, on the other hand, is pushing back against that. So you have a bunch of these cross-cutting effects.
<h3><a href="https://www.dailywire.com/episode/ep-2250-the-ben-shapiro-show?elementPosition=3&amp;row=2&amp;rowHeadline=Latest+Episodes&amp;rowType=Horizontal+Show+Episodes+Carousel">WATCH: The Ben Shapiro Show</a></h3>
The bottom line is that the economy must remain strong in order to prevent the insane Democrats from winning races. And they have lost their ever-loving minds. If you thought that they were going to turn around after being defeated by President Trump and the Republicans and perhaps turn toward sanity, there is zero evidence that this is the case.
They continue to swing out to the more and more insane Left in the hopes that President Trump will collapse and basically hand them the presidency and the Congress.
This is the prime reason the economy has to be the top priority.

TOPSHOT-US-POLITICS

Crosswinds In A Strong Economy: Analyzing Trump’s 3% GDP Surge

Ben Shapiro

Opinion

President Trump

Wall Street Journal

As President Donald Trump&#8217;s August 1 deadline for imposing tariffs on countries across the globe nears, his administration has been busy negotiating and announcing new trade deals.
Trump&#8217;s &#8220;Liberation Day&#8221; tariffs, which were initially supposed to go into effect in April, were delayed until the beginning of August, giving America&#8217;s trading partners and the president&#8217;s trade team more time to come to the negotiating table and hash out deals. The deadline extension paid off for some countries that have secured lower tariff rates than those Trump initially announced.
The deals have also resulted in promises of investments worth billions of dollars in the U.S. economy over the next few years.
Here are the countries that have worked out a deal with Trump:
<h3>United Kingdom</h3>
President Trump, alongside trade representatives from the United Kingdom, <a href="https://www.dailywire.com/news/both-countries-will-become-stronger-trumps-trade-deal-will-give-u-s-more-access-to-u-k-economy">announced</a> a trade agreement on May 8, giving the United States more access to the British market while boosting both nations&#8217; industrial bases and steel industries. Under the deal, the United Kingdom will still pay a 10% tariff on most goods exported to the United States.
The deal will also allow the United Kingdom to export up to 100,000 vehicles to the United States for a 10% tariff and export Rolls-Royce engines and airplane parts to the United States tariff-free. The United Kingdom promised to purchase $10 billion worth of Boeing airplanes from the United States.
<h3>European Union</h3>
Earlier this week, Trump <a href="https://www.dailywire.com/news/trump-secures-biggest-of-all-trade-deals-with-eu">announced</a> that he had secured the &#8220;biggest of all&#8221; trade deals with the European Union. Under the agreement, the European Union will pay a &#8220;straight across&#8221; 15% tariff for most exports, including vehicles. The 15% rate is a major cut to the 30% tariff that the 27-member bloc was facing from Trump&#8217;s initial announcement in April.
The European Union also agreed to purchase $750 billion worth of energy from the United States and invest an additional $600 billion in the U.S. economy.
“We have a trade deal between the two largest economies in the world — and it’s a big deal. It’s a huge deal. It will bring stability. It will bring predictability. That’s very important for our businesses on both sides of the Atlantic,” said European Commission President Ursula von der Leyen.
<h3>Japan</h3>
In what President Trump <a href="https://www.dailywire.com/news/trump-says-japan-will-invest-half-a-trillion-dollars-in-u-s-largest-deal-ever-made">said</a> was “perhaps the largest Deal ever made,” Japan agreed to invest more than $500 billion in the United States while paying a 15% reciprocal tariff to export goods to America, which is lower than the original 25% tariff that Trump had planned. The deal will also <a href="https://www.nytimes.com/2025/07/22/us/politics/trump-japan-trade-deal.html">lower</a> the tariff on Japanese auto exports to the United States, bringing the rate down to 15%.
Trump said that the most important part of the deal was Japan agreeing to open its markets to American-made vehicles, rice, and agricultural products.
“This is a very exciting time for the United States of America, and especially for the fact that we will continue to always have a great relationship with the Country of Japan,&#8221; Trump said.
<h3>Pakistan</h3>
On Wednesday, Trump announced a <a href="https://www.dailywire.com/news/other-countries-are-making-offers-trump-announces-oil-reserve-deal-with-pakistan">deal</a> with Pakistan that involves developing the country&#8217;s massive oil reserves and <a href="https://www.nbcnews.com/world/asia/pakistan-says-wins-us-tariff-deal-trump-cites-oil-reserves-pact-rcna222159">lowering</a> the tariff rate that Trump had previously planned to impose. While Trump has not revealed the specifics of the deal, Pakistan said it &#8220;marks the beginning of a new era of economic collaboration, especially in energy, mines and minerals, IT, cryptocurrency and other sectors.”
<h3>Indonesia</h3>
Last week, Trump revealed <a href="https://www.dailywire.com/news/huge-win-trump-reveals-details-of-trade-deal-with-indonesia">details</a> of a major trade deal with Indonesia, the fourth most populous nation in the world. According to Trump, the agreement wipes out “99%” of Indonesia’s trade barrier, opening the market for American-made products. The United States will pay no tariff to export products to the Southeast Asian country, while Indonesia will pay a 19% tariff rate on goods it sends to the United States.
The president also said that Indonesia agreed to “supply the United States with their precious Critical Minerals, as well as sign BIG Deals, worth Tens of Billions of Dollars, to purchase Boeing Aircraft, American Farm products, and American Energy.”
While Indonesia will pay a 19% tariff on most products, a Trump administration official told reporters that products made in Indonesia containing a certain percentage of materials from nonmarket economies such as Russia, China, and Vietnam would be hit with a 40% tariff, The New York Times <a href="https://www.nytimes.com/2025/07/22/us/politics/trump-indonesia-trade-deal.html">reported</a>.
<h3>South Korea</h3>
On Wednesday, Trump <a href="https://www.dailywire.com/news/trump-unveils-south-korea-trade-deal-boasting-350b-investment-in-u-s">unveiled</a> yet another trade deal — this one with U.S. ally, South Korea. As part of the deal, South Korea will “give to the United States $350 Billion Dollars for Investments owned and controlled by the United States, and selected by myself, as President,” according to Trump. South Korea also agreed to purchase $100 billion worth of American energy products.
Trump added that South Korean markets will be &#8220;completely open to trade&#8221; with the United States, while South Korea will pay a 15% tariff to gain access to U.S. markets. The 15% rate is lower than the 25% tariff that Trump had initially planned to impose on South Korea.
<h3>Vietnam</h3>
At the beginning of July, Vietnam <a href="https://www.dailywire.com/news/trump-announces-major-trade-deal-with-vietnam-days-before-tariff-increases">reached</a> a preliminary agreement with the Trump administration to open up its market to U.S. goods and pay a 20% tariff on exports to the United States. Vietnam faced a massive 46% tariff in Trump&#8217;s first announcement. For &#8220;transhipped&#8221; goods — products that are channeled through Vietnam by countries like China to circumvent trade restrictions — Vietnam will pay a 40% tariff.
Trump said that he believes American automakers will thrive in the Vietnamese market. “It will be a Great Deal of Cooperation between our two Countries,” he said.
<h3>Philippines</h3>
Similar to the deal with Indonesia, the trade <a href="https://www.dailywire.com/news/winning-trump-secures-trade-deals-in-philippines-and-indonesia">agreement</a> with the Philippines will see the island country pay a 19% tariff to gain access to U.S. markets, while American goods will enter the Philippines tariff-free, according to Trump. The president said last week that the two countries &#8220;concluded&#8221; a trade deal after a &#8220;beautiful visit&#8221; from President Ferdinand Marcos Jr. of the Philippines.
The agreement was reached after a round of &#8220;tough&#8221; negotiations from Marcos.
&#8220;He&#8217;s a very tough negotiator,&#8221; Trump <a href="https://www.youtube.com/watch?v=jkFDQptw6Oo">said</a> in the Oval Office one day before a deal was reached. &#8220;He&#8217;s negotiating too tough. In fact, I used to like him better than I do now. &#8230; But we&#8217;ll probably agree to something.&#8221;
<h3>Thailand</h3>
Commerce Secretary Howard Lutnick announced on Wednesday night that Thailand had reached a trade agreement with the United States, but did not provide specifics. Under Trump&#8217;s initial &#8220;Liberation Day&#8221; tariffs announcement, Thailand faced a 36% tariff.
After <a href="https://www.dailywire.com/news/this-is-final-thailand-cambodia-reach-ceasefire-agreement-after-call-from-trump">fighting</a> broke out between Thailand and Cambodia last week, Trump threatened not to enter into a trade deal with either country until the fighting ended. Thailand and Cambodia reached a ceasefire agreement that went into effect at midnight on Monday.
<h3>Cambodia</h3>
Lutnick said on Wednesday that Cambodia has also reached a trade deal with Trump following its ceasefire agreement with Thailand. Cambodia also faced a 36% tariff under Trump&#8217;s &#8220;Liberation Day&#8221; announcement.
<h3>The three biggest U.S. trading partners have yet to reach an agreement with Trump.</h3>
While the Trump administration has seen some success in getting numerous countries to agree to trade deals, Trump&#8217;s trade officials are still seeking to convince major U.S. trading partners to agree to their terms.
<h3>China</h3>
The Trump administration agreed to push back an already extended deadline for trade talks, moving the date to August 12 as the countries continue to negotiate. Earlier this week, both sides said they held &#8220;constructive&#8221; talks in Stockholm, according to Treasury Secretary Scott Bessent.
The United States and China traded reciprocal tariff blows before agreeing in May to walk back from triple-digit tariff rates. The countries also agreed to a deal to restart rare earth element shipments to the United States, with exports <a href="https://www.reuters.com/world/china/chinas-exports-rare-earth-magnets-us-surge-june-2025-07-20/">surging</a> in June.
Trump is scheduled to be briefed on the China trade talks on Thursday, sitting down with Bessent and U.S. Trade Representative Jamieson Greer, CNN <a href="https://www.cnn.com/business/live-news/trade-deadline-tariffs-trump-deals#cmdrbeu50001h356ngsxgfdgg">reported</a>.
“I believe we have the makings of a deal,” Bessent told CNBC Thursday morning. “Myself and Ambassador Greer will be speaking to President Trump today about whether we’ll extend the August 12 deadline. We have a few details to work out. I’m confident it’ll be done … but it’s not 100% done.”
<h3>Canada</h3>
America&#8217;s neighbor to the north has yet to come to terms with the Trump administration, and President Donald Trump said on Thursday morning that Canada&#8217;s announcement that it intends to back a Palestinian state &#8220;will make it very hard for us to make a Trade Deal.&#8221; The tariff rate on many Canadian goods is set to <a href="https://www.cnn.com/business/live-news/trade-deadline-tariffs-trump-deals">rise</a> to 35% if no trade deal is reached.
<h3>Mexico</h3>
Trump announced on Thursday that he would again extend the deadline for imposing 30% tariffs on Mexico for another 90 days.
&#8220;The complexities of a Deal with Mexico are somewhat different than other Nations because of both the problems, and assets, of the Border,&#8221; the president said after talking to Mexican President Claudia Sheinbaum over the phone. During the extension, &#8220;Mexico will continue to pay a 25% Fentanyl Tariff, 25% Tariff on Cars, and 50% Tariff on Steel, Aluminum, and Copper,&#8221; Trump said.
White House Press Secretary Karoline Leavitt said on Thursday that countries that have not reached a deal with Trump &#8220;will be hearing from this administration by the midnight deadline tonight.&#8221;
&#8220;Tomorrow, August 1, the reciprocal rates will be going into effect,&#8221; she added. &#8220;If more deals are cut between now and midnight, I will never count out the president. You&#8217;ve seen him do it before.&#8221;
Tim Pearce, Leif Le Mahieu, and Sam Korkus contributed to this report.

Trump’s Art Of The Trade Deal: Here Are The Countries That Have Reached Agreements With America

trade

Trump Administration

President Donald Trump blasted Fed Chair Jerome Powell again on Thursday morning after the Federal Reserve Board of Governors <a href="https://www.dailywire.com/news/federal-reserve-defies-trump-again-keeps-interest-rates-unchanged?author=Zach+Jewell&amp;category=News&amp;elementPosition=undefined&amp;row=0&amp;rowType=Vertical+List&amp;title=Federal+Reserve+Defies+Trump+Again%2C+Keeps+Interest+Rates+Unchanged">voted</a> to keep interest rates steady for a fifth straight meeting.
Trump <a href="https://truthsocial.com/@realDonaldTrump/posts/114947541528857255">wrote</a> in a Truth Social post that Powell, whom he has nicknamed &#8220;Too Late,&#8221; is &#8220;TOO ANGRY, TOO STUPID, &amp; TOO POLITICAL, to have the job of Fed Chair.&#8221;
&#8220;He is costing our Country TRILLIONS OF DOLLARS, in addition to one of the most incompetent, or corrupt, renovations of a building(s) in the history of construction!&#8221; he added. &#8220;Put another way, &#8216;Too Late&#8217; is a TOTAL LOSER, and our Country is paying the price!&#8221;
The Federal Reserve policymakers voted 9-2 on Wednesday to keep interest rates in the 4.25% to 4.50% range, even as Trump continues to push them to cut the rates, citing lower levels of inflation. During a press conference, Powell pointed to unease over Trump&#8217;s tariffs, many of which are set to take effect on Friday, along with inflation remaining above the Fed&#8217;s target annualized rate of 2% as reasons for the Fed&#8217;s decision.
Powell said that Trump’s increased tariffs “are pushing up prices in some categories of goods.” He added that policymakers “have made no decision” about where they will land at the next Fed meeting in September. Two Republican-appointed Fed Governors, Christopher Waller and Michelle Bowman, <a href="https://www.usatoday.com/story/money/2025/07/30/federal-reserve-interest-rate-cuts-live-updates/85430906007/">dissented</a> and pushed for the Fed to cut interest rates, marking the first time since 1993 that multiple governors opposed a Fed decision. Both Waller and Bowman are being floated as potential candidates for Trump to tap as a replacement for Powell as Fed Chair when Powell&#8217;s term ends in May 2026.
While the president continues his attacks on Powell, he <a href="https://www.dailywire.com/news/trump-drafted-letter-to-fire-fed-reserve-chair-but-says-were-not-planning-on-doing-it?author=Zach+Jewell&amp;category=News&amp;elementPosition=undefined&amp;row=0&amp;rowType=Vertical+List&amp;title=Trump+Drafted+Letter+To+Fire+Fed+Reserve+Chair%2C+But+Says+%E2%80%98We%E2%80%99re+Not+Planning+On+Doing+It%E2%80%99">said</a> last week that he is not planning on firing the Fed Chair, despite drafting a letter and getting approval from some House Republicans to take the unprecedented move.
“Fortunately, we get to make a change in the next eight months or so, and we’ll pick somebody that’s good,” Trump said. “We want to see lower interest rates. Our country deserves it. We’re making a lot of money. We’re doing great as a country. We have no inflation, record stock market, record business, record everything.”
Trump said on Wednesday, just moments before the Fed announcement was released, that he wasn&#8217;t expecting the policymakers to lower interest rates.
“I hear they’re going to do it in September, not today,&#8221; he added. &#8220;For what reason, nobody knows.&#8221;

Donald Trump/Jerome Powell

Trump Unloads On Fed Chair Jerome Powell: ‘Too Angry, Too Stupid, & Too Political’

Federal Reserve

Interest Rates

Jerome Powell

President Donald Trump said overnight that it would be difficult to make a trade deal with Canada if it moved forward with plans to recognize a Palestinian state. 
Trump made the comments after Canada declared that it would join France and the United Kingdom in pushing for the affirmation of Palestinian statehood. The announcement came two days before Canada could be slapped with a 35% tariff if it does not reach a trade agreement with the United States before Trump&#8217;s Friday deadline. 
“Wow! Canada has just announced that it is backing statehood for Palestine. That will make it very hard for us to make a Trade Deal with them. Oh’ Canada!!!” Trump <a href="https://truthsocial.com/@realDonaldTrump/posts/114945962278773358">posted</a> on Truth Social around midnight. 
Canadian Prime Minister Mark Carney released a <a href="https://www.pm.gc.ca/en/news/statements/2025/07/30/statement-prime-minister-carney-canadas-recognition-palestinian-state">statement</a> on Wednesday that said: &#8220;Canada intends to recognize the State of Palestine at the 80th Session of the United Nations General Assembly in September 2025.&#8221; 
“We reiterate that Hamas must immediately release all hostages taken in the horrific terrorist attack of October 7; that Hamas must disarm; and that Hamas must play no role in the future governance of Palestine,&#8221; Carney said. “Canada will always steadfastly support Israel’s existence as an independent state in the Middle East living in peace and security. Any path to lasting peace for Israel also requires a viable and stable Palestinian state, and one that recognizes Israel’s inalienable right to security and peace.”
On Tuesday, Trump <a href="https://www.dailywire.com/news/trump-warns-against-rewarding-hamas-with-palestinian-statehood-bluntly-rejects-two-state-solution">dismissed</a> the idea of recognizing a Palestinian state, declaring that doing so would be equivalent to &#8220;rewarding&#8221; the Hamas terrorist group.
“Well, you could make the case that you’re rewarding people, that you’re rewarding Hamas if you do that,” Trump replied. “And I don’t think they should be rewarded. So I’m not in that camp, to be honest. We’ll let you know where we are, but I am not in that camp, because if you do that, you really are rewarding Hamas, and I’m not about to do that.”
Earlier this week, the Trump administration <a href="https://www.dailywire.com/news/trump-administration-boycotts-un-publicity-stunt-conference-on-palestinian-statehood">said it boycotted</a> a United Nations conference promoting the two-state solution, calling the event a “publicity stunt” and an “insult.”
Trump has been using tariffs to apply pressure on countries he believes are acting in ways contrary to American interests. On Wednesday, he said that <a href="https://www.dailywire.com/news/trump-slaps-india-with-25-tariff-unspecified-penalty-for-dealing-with-russia?author=Leif+Le+Mahieu&amp;category=News&amp;elementPosition=1&amp;row=0&amp;rowType=Vertical+List&amp;title=Trump+Slaps+India+With+25%25+Tariff%2C+Unspecified+‘Penalty’+For+Dealing+With+Russia">he would</a> hit India with a 25% tariff and an additional unspecified “penalty” for continuing to buy oil and military equipment from Russia amid its war with Ukraine. His administration has made similar threats against China for its purchase of sanctioned Russian oil.

US-CANADA-POLITICS-DIPLOMACY-TRUMP-CARNEY

Trump Warns Canada: Backing Palestinian State Could Damage U.S. Trade Deal

Canada

Israel

Palestinian

President Donald Trump announced on Wednesday that Pakistan had agreed to a deal with the United States that involved &#8220;developing their massive Oil Reserves,&#8221; and said that several other countries were already waiting in the wings to offer trade deals in exchange for lower tariffs.
Trump shared the news first via his Truth Social platform, saying that in addition to the deal with Pakistan, he planned to speak with a trade delegation from South Korea later in the day.
<blockquote class="twitter-tweet">
<a href="https://t.co/hGckifMCWB">pic.twitter.com/hGckifMCWB</a>
— Rapid Response 47 (@RapidResponse47) <a href="https://twitter.com/RapidResponse47/status/1950646261696151619?ref_src=twsrc%5Etfw">July 30, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
&#8220;We are very busy in the White House today working on Trade Deals. I have spoken to the Leaders of many Countries, all of whom want to make the United States &#8216;extremely happy,'&#8221; Trump began his post. &#8220;I will be meeting with the South Korean Trade Delegation this afternoon. South Korea is right now at a 25% Tariff, but they have an offer to buy down those Tariffs. I will be interested in hearing what that offer is.&#8221;
&#8220;We have just concluded a Deal with the Country of Pakistan, whereby Pakistan and the United States will work together on developing their massive Oil Reserves,&#8221; he continued. &#8220;We are in the process of choosing the Oil Company that will lead this Partnership. Who knows, maybe they’ll be selling Oil to India some day!&#8221;
The president went on to say that other countries were lining up to make similar deals — an important detail given that the imminent tariff deadline, August 1, is less than two full days from taking effect. Several other eleventh-hour deals have already been inked in the last week before the deadline, including one with the European Union during Trump&#8217;s weekend trip to Scotland.
&#8220;Likewise, other Countries are making offers for a Tariff reduction,&#8221; Trump concluded. &#8220;All of this will help reduce our Trade Deficit in a very major way. A full report will be released at the appropriate time. Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN!&#8221;

‘Other Countries Are Making Offers’: Trump Announces Oil Reserve Deal With Pakistan

'Other Countries Are Making Offers': Trump Announces Oil Reserve Deal With Pakistan

Pakistan

South Korea

One of the biggest moves made in modern history in the regulatory state occurred this week. On Tuesday, the Environmental Protection Agency <a href="https://www.wsj.com/opinion/epa-endangerment-finding-repeal-greenhouse-gases-obama-trump-steve-koonin-67fcb2ce?mod=hp_opin_pos_1">moved to repeal</a> the 2009 so-called endangerment finding for greenhouse gas emissions.
The Clean Air Act, which was put into place in the 1970s, authorized the EPA to regulate pollutants like ozone, particulate matter, sulfur dioxide, and others that might endanger public health or welfare. 
But the EPA suggested, under Barack Obama, that the Clean Air Act could be used to regulate carbon emissions, which is insane. 
The Clean Air Act was meant to stop particulate matter. It was meant to stop the breaking down of the ozone layer. It was not meant to deal with carbon, and particularly carbon dioxide, which is a natural byproduct of breathing. 
Carbon dioxide is not a danger to human beings in the environment. You may not like what it does in terms of global climate change. But the idea that the EPA has authority under the Clean Air Act is wrong. If Congress wants to give the EPA that authority, then it certainly could. But it never did. 
The Supreme Court found in 2007 that greenhouse gases could qualify as pollutants under an extraordinarily broad misreading of the law. “There is some evidence that elevated carbon dioxide concentrations and climate changes can lead to changes in aeroallergens that could increase the potential for allergenic illnesses,” the Obama 2009 endangerment finding stated. 
Now the EPA is revoking the previous policy. The Wall Street Journal <a href="https://www.wsj.com/opinion/epa-endangerment-finding-repeal-greenhouse-gases-obama-trump-steve-koonin-67fcb2ce?gaa_at=eafs&amp;gaa_n=ASWzDAjNDB5-v2W5AWInkM3wgvwDH7QHcGNmdXIjN6_-Uu1CHb-Ilh_p391soX3w2uE%3D&amp;gaa_ts=688a5b6a&amp;gaa_sig=qeRIhaSN78lB5BrQ0s6rFUZyXLR8Enkln4V2Bv7sQbiCNXOc57C5dRowpTEBDBXQLeD75GPTigdc2QTCjcjnJA%3D%3D">wrote</a>: 
<blockquote>The Energy Department on Tuesday published a comprehensive analysis of climate science and its uncertainties by five outside scientists. One is Steven Koonin who served in the Obama Administration and is a contributor to these pages. The crucial point is that CO2 is different from the pollutants that Congress expressly authorized EPA to regulate.
Those pollutants “are subject to regulatory control because they cause local problems depending on concentrations that include nuisances (odor, visibility), damage to plants, and, at high enough exposure levels, toxicological effects in humans,&#8221; the report notes. “In contrast, CO2 is odorless, does not affect visibility and has no toxicological effects at ambient levels.”</blockquote>
In other words, higher levels of CO2 in the air from fossil fuels won’t make you sick.
You&#8217;re not going to get sick from CO2 in the air. Thus, the EPA administrator, Lee Zeldin, and Energy Secretary Chris Wright are taking this on. The Clean Air Act no longer applies in our interpretation to greenhouse gases. 
What does that mean? It means something extraordinary for the American economy. Among other things, such as a massive deregulatory environment, the alleged cost of regulating greenhouse gas emissions under the Clean Air Act amounts to roughly $54 billion per year. If you multiply that out over the course of the last decade and a half, you&#8217;re talking about a cost in excess of $800 billion, all based on a regulatory agency radically exceeding its boundaries.
<h3><a href="https://www.dailywire.com/episode/ep-2249-winning-trump-s-epa-wrecks-the-radical-green-agenda?elementPosition=2&amp;row=2&amp;rowHeadline=Latest+Episodes&amp;rowType=Horizontal+Show+Episodes+Carousel">WATCH: The Ben Shapiro Show</a></h3>
Energy Secretary Chris Wright told me:
<blockquote>It&#8217;s just been a huge entanglement into American life. Big brother climate regulations from the government that don’t do anything meaningful for global greenhouse gas emissions. They don&#8217;t change any health outcomes for Americans, but they massively grow the government. &#8230; So administrator Lee Zeldin, is reviewing that and saying, “Hey, we don&#8217;t believe that greenhouse gases are a significant endangerment to the American public, and they shouldn&#8217;t be regulated by the EPA.”
The EPA does not have authority to regulate them because Congress never passed such a law. &#8230; I reached out to five, prestigious climate scientists that are real scientists in my mind … and we published a long critical overview of climate science and its impact on Americans. And that was released yesterday on the DOE Website, and I highly recommend everyone to give it a read. </blockquote>
I asked him what were the biggest findings from that report that he commissioned at the Department of Energy.
“Maybe the single biggest one that everyone should be aware of is the ceaseless repeating that climate change is making storms more frequent and more severe and more dangerous. It&#8217;s just nonsense. That&#8217;s never been in the Intergovernmental Panel on Climate Change reports. It&#8217;s just not true. But the media and politicians and activists just repeatedly repeat it,” he replied.
“We&#8217;ve just driven up the price of energy and reduced choice to American consumers without meaningfully moving global greenhouse gas emissions at all,” he said. “And when I talk to activists or politicians about it, they&#8217;re not even that concerned about it and say it. They don&#8217;t act as if their real goal is to incrementally reduce greenhouse gases in the atmosphere. Their real goal is for the government and for them — a small number of people — to decide what&#8217;s appropriate behavior for all Americans.”
“We just need some common sense back around energy and climate change. That&#8217;s where the Trump administration is headed across the administration, not just in Zeldin and myself, but everyone in the administration. We just want Americans to have a government that follows basic common sense,” he concluded.
Exactly.

EPA Administrator Lee Zeldin Testifies On Capitol Hill

WINNING: Trump’s EPA Wrecks The Radical Green Agenda

WINNING: Trump's EPA Wrecks The Radical Green Agenda

Chris Wright

Climate Change

Energy

Environmental Protection Agency (EPA)

federal regulation

Lee Zeldin

CNBC hosts Joe Kernen and Rick Santelli tag-teamed a roast of Senator Elizabeth Warren (D-MA) after the second quarter economic numbers came back stronger than expected.
Kernen led the charge, first talking about the positive changes in the economy and then using that to bash Warren for repeatedly claiming — even in the face of evidence to the contrary — that the United States economy was heading into doom and gloom because of President Donald Trump.
WATCH:
<blockquote class="twitter-tweet">
🚨 LMAO! CNBC is currently MOCKING the CRAP out of Democrats and Elizabeth Warren after the latest inflation and strong GDP report.
&#8220;The left, the people who don&#8217;t like the president, don&#8217;t want things to work. Senator Elizabeth Warren will come on and say, &#8216;Inflation is OUT OF… <a href="https://t.co/hz79jZZ9m7">pic.twitter.com/hz79jZZ9m7</a>
— Eric Daugherty (@EricLDaugh) <a href="https://twitter.com/EricLDaugh/status/1950544074311688203?ref_src=twsrc%5Etfw">July 30, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
&#8220;The Left, and the people who don&#8217;t like the president, and don&#8217;t want things to work, you know, like Senator Elizabeth Warren, will come on and say, &#8216;Inflation is out of control, and the economy is getting killed by what&#8217;s happening, by these tariffs!&#8221; Kernen began. &#8220;This three percent, with the market at new highs — and really, we haven&#8217;t seen inflation go up back to three percent, maybe it will this week and we&#8217;ll see it.&#8221;
&#8220;But none of these things, none of these horrible things have happened, but they still talk like it&#8217;s happening. It&#8217;s amazing!&#8221; Kernen continued.
&#8220;There&#8217;s an important lesson there,&#8221; Rick Santelli added. &#8220;Don&#8217;t pick a congressman to be your money manager, that&#8217;s what I would say. In the end, Congress has their own reasons to point out certain things, and the Democrats, as you pointed out, really don&#8217;t want to see the current administration have some success, but there&#8217;s no doubt that this is some success.&#8221;
&#8220;We&#8217;re seeing more horsepower, we&#8217;re seeing better equities, inflation — inflation really hasn&#8217;t changed much in the last year or so,&#8221; Santelli concluded.
Senate Majority Leader <a href="https://www.dailywire.com/news/chuck-schumer-gaslights-senate-with-his-take-on-q2-numbers-you-dont-see-what-you-see">Chuck Schumer</a> gave an example in real time of what Kernen had described, taking to the Senate floor on Wednesday to claim that despite the strong second quarter numbers, doom and gloom lay &#8220;under the hood.&#8221;

Elizabeth Warren

CNBC Hosts Use Economic Numbers To Roast Elizabeth Warren

CNBC

The Federal Reserve announced Wednesday it will keep interest rates unchanged, defying President Donald Trump’s calls to cut them after continued positive economic indicators.
After two days of meetings, the central bank policymakers <a href="https://www.cnbc.com/2025/07/30/fed-meeting-live-updates.html">voted</a> to keep the rate in the 4.25% to 4.50% range, where it has remained since December. Federal Reserve Chair Jerome Powell continues to point to unease around Trump’s tariffs, with more set to take effect on Friday. Last month, year-over-year inflation also rose to 2.7%, which remains above the Fed’s target of 2%.
“Although swings in net exports continue to affect the data, recent indicators suggest that growth of economic activity moderated in the first half of the year,” the Fed said in a post-meeting statement. “The unemployment rate remains low, and labor market conditions remain solid. Inflation remains somewhat elevated.&#8221;
At a <a href="https://www.youtube.com/watch?v=u0V3gnOjOi0">press conference</a> Wednesday afternoon following the announcement, Powell acknowledged that inflation &#8220;has eased significantly from its highs in mid-2022,&#8221; but he added that it &#8220;remains somewhat elevated relative to our 2% longer-run goal.&#8221;
Powell said that Trump&#8217;s increased tariffs &#8220;are pushing up prices in some categories of goods.&#8221; He added that policymakers &#8220;have made no decision&#8221; about where they will land at the next Fed meeting in September.
&#8220;We don’t do that in advance,&#8221; he said. &#8220;We’ll be taking that information into consideration and all the other information we get as we make our decision.&#8221;
The announcement is likely to set off another round of angry comments from President Trump, who has ramped up his criticism of Powell in recent weeks, regularly pushing the Fed to bring down interest rates. In a Truth Social post on Wednesday morning, Trump highlighted the “better-than-expected” second-quarter <a href="https://www.dailywire.com/news/americas-economy-keeps-roaring-3-gdp-growth-shatters-expectations">GDP report</a>, which showed that the U.S. economy grew at a 3% rate, once again surprising economists. He referred to Powell as &#8220;Too Late.&#8221;
“2Q GDP JUST OUT: 3%, WAY BETTER THAN EXPECTED! ‘Too Late’ MUST NOW LOWER THE RATE. No Inflation! Let people buy, and refinance, their homes!” Trump <a href="https://truthsocial.com/@realDonaldTrump/posts/114942222209732295">wrote</a>, using the nickname, “Too Late,” that he coined for Powell.
Trump also discussed interest rates during a press conference at the White House just moments before the Fed released its decision. The president said that the Fed &#8220;probably&#8221; wouldn&#8217;t lower the interest rates on Wednesday, adding, &#8220;I hear they&#8217;re going to do it in September, not today. For what reason, nobody knows.&#8221;
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
.<a href="https://twitter.com/POTUS?ref_src=twsrc%5Etfw">@POTUS</a> on interest rates: &quot;What you do is you lower them&#8230; Right now, there&#39;s no inflation&#8230; we&#39;re keeping the rates high and it&#39;s hurting people from buying houses — so we don&#39;t want that.&quot; <a href="https://t.co/zHTgtdyu14">pic.twitter.com/zHTgtdyu14</a>
&mdash; Rapid Response 47 (@RapidResponse47) <a href="https://twitter.com/RapidResponse47/status/1950616453289230363?ref_src=twsrc%5Etfw">July 30, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Two Fed Governors, Christopher Waller and Vice Chair for Supervision Michelle Bowman, voted against the Fed&#8217;s decision to keep interest rates the same, marking the first time since 1993 that multiple governors voted no on a rate decision, according to <a href="https://www.cnbc.com/2025/07/30/fed-leaves-interest-rates-unchanged-as-expected.html">CNBC</a>.
The president met with Powell last week to discuss interest rates and tour the renovations at the Federal Reserve headquarters. During their comments in front of the cameras, Trump told reporters that he would “love” for Powell “to lower interest rates” before giving the Fed Chair a slap on the back.
<blockquote class="twitter-tweet" data-media-max-width="560">
Trump, with Powell beside him: I&#8217;d love him to lower interest rates.
Trump then slaps him on the back. <a href="https://t.co/KPgAhPYe1F">pic.twitter.com/KPgAhPYe1F</a>
— unusual_whales (@unusual_whales) <a href="https://twitter.com/unusual_whales/status/1948478543283077310?ref_src=twsrc%5Etfw">July 24, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Trump, who has <a href="https://news.bloomberglaw.com/business-and-practice/trump-versus-powell-how-far-can-he-push-the-fed-chair">referred</a> to Powell as one of the “most destructive” people in government, <a href="https://www.dailywire.com/news/trump-believes-fed-chair-will-start-recommending-lower-rates?author=Zach+Jewell&amp;category=News&amp;elementPosition=undefined&amp;row=0&amp;rowType=Vertical+List&amp;title=Trump+Believes+Fed+Chair+Will+%E2%80%98Start+Recommending+Lower+Rates%E2%80%99">said</a> last Friday that his discussion with Powell led him to believe that the Fed was ready to lower interest rates.
“[Powell] said to me — now I don’t know if he’s going to say this … on what day he speaks — he said to me very strongly, ‘The country is doing well.’ Trump said, ‘Congratulations, the country is doing really well.’”
The president has <a href="https://www.dailywire.com/news/trump-drafted-letter-to-fire-fed-reserve-chair-but-says-were-not-planning-on-doing-it?author=Zach+Jewell&amp;category=News&amp;elementPosition=undefined&amp;row=0&amp;rowType=Vertical+List&amp;title=Trump+Drafted+Letter+To+Fire+Fed+Reserve+Chair%2C+But+Says+%E2%80%98We%E2%80%99re+Not+Planning+On+Doing+It%E2%80%99">considered</a> firing Powell, reportedly drafting a letter and asking House Republicans if he should move forward with terminating the Fed Chair, which would be an unprecedented move. Trump later said that he would wait for Powell’s term as the Chair to expire in early 2026 before choosing his replacement.

Federal Reserve Defies Trump Again, Keeps Interest Rates Unchanged

In the second quarter of 2025, the U.S. economy surpassed experts’ predictions, as real gross domestic product (GDP) grew at 3%, the highest level since the third quarter of 2024, when it increased 3.1%.
The consumption side of the economy grew 1.4%, accelerating from 0.5% growth in the first quarter of 2025. In the first quarter of 2025, the real GDP dipped 0.5%. Wall Street consensus had projected approximately 2.5% growth.
The GDP growth primarily reflected “a decrease in imports and an increase in consumer spending that were partly offset by decreases in investment and exports,” the Bureau of Economic Analysis <a href="https://www.bea.gov/news/2025/gross-domestic-product-2nd-quarter-2025-advance-estimate">stated</a>, adding, “The increase in consumer spending reflected increases in both services and goods. Within services, the leading contributors were health care, food services and accommodations, and financial services and insurance. Within goods, the leading contributors were motor vehicles and parts and other nondurable goods. &#8230; The largest contributor to the decrease in investment was private inventory investment, led by decreases in nondurable goods manufacturing (mainly, chemical manufacturing) and in wholesale trade (reflecting widespread decreases in durable goods industries).”
“Net exports added 5 percentage points to GDP after subtracting the most on record in the first three months of the year, the Bureau of Economic Analysis report showed,” Bloomberg News <a href="https://www.bloomberg.com/news/articles/2025-07-30/us-economy-rebounds-with-3-gdp-growth-after-trade-reversal">reported</a>. “There are signs the policy uncertainty is starting to lift, which has given a boost to the stock market and helped support consumer sentiment.”
President Trump used the news about the GDP growth to renew his call for Federal Reserve Chairman Jerome Powell to lower interest rates, <a href="https://truthsocial.com/@realDonaldTrump/posts/114942222209732295">writing</a> on Truth Social, “2Q GDP JUST OUT: 3%, WAY BETTER THAN EXPECTED! ‘Too Late’ MUST NOW LOWER THE RATE. No Inflation! Let people buy, and refinance, their homes!”
GDP growth is vital for an economy because it signals increased production and consumption of goods and services, which drives higher incomes and job creation. As businesses expand to meet growing demand, they hire more workers and invest in innovation. Strong growth also generates additional tax revenue, allowing governments to fund infrastructure, education, and defense without raising tax rates, while making the country more attractive to foreign lenders.

President Trump Returns To White House From Scotland

America’s Economy Keeps Roaring: 3% GDP Growth Shatters Expectations

President Trump secures a massive trade deal with the E.U. and brokers a peace agreement between Thailand and Cambodia. A possible motive emerges for the New York City mass shooting that left four dead. A decline in the U.S. birthrate spells trouble for the country and the economy. 
It’s Wednesday, July 30, 2025, and this is the news you need to know to start your day.
Morning Wire is available on video! You can watch today’s episode here:
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If you’d rather listen to your news, today’s edition of the Morning Wire podcast can be heard below:
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<h2>Trump Touts Trade and Peace Deal Triumphs</h2>
<div class="image"><img loading="lazy" decoding="async" class="alignnone size-large wp-image-954101" src="https://dw-wp-production.imgix.net/2025/07/MRN-7.30.25-SH1-1024x576.jpg" alt="" width="1024" height="576" srcset="https://dw-wp-production.imgix.net/2025/07/MRN-7.30.25-SH1-1024x576.jpg 1024w, https://dw-wp-production.imgix.net/2025/07/MRN-7.30.25-SH1-300x169.jpg 300w, https://dw-wp-production.imgix.net/2025/07/MRN-7.30.25-SH1-768x432.jpg 768w, https://dw-wp-production.imgix.net/2025/07/MRN-7.30.25-SH1-1536x864.jpg 1536w, https://dw-wp-production.imgix.net/2025/07/MRN-7.30.25-SH1.jpg 1920w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></div>
Topline: President Trump returned to the White House on Tuesday night following a successful trip to the United Kingdom, where he finalized a massive trade deal with the European Union and brokered a ceasefire between Thailand and Cambodia. 
The White House is calling the trip a “winning streak” for the president. Under the terms of the trade agreement, the European Union will remove significant tariffs on American goods and purchase $750 billion of United States energy exports during the president’s term in office. The E.U. will also invest $600 billion in the U.S. over the same period. The deal is expected to provide American farmers, ranchers, and manufacturers with unprecedented market access to Europe. 
President Trump also announced on Monday that Thailand and Cambodia had reached a ceasefire after he warned them that continued conflict would jeopardize any potential trade deals with the U.S. The president has now brokered approximately one peace deal or ceasefire per month since taking office. 
Meanwhile, a third round of trade negotiations between the U.S. and China concluded in Sweden without a specific agreement. However, Treasury Secretary Scott Bessent described the talks as &#8220;constructive,&#8221; suggesting that Trump’s recent deals with Japan and the E.U. have given the U.S. leverage, putting China in &#8220;more of a mood for a wide ranging discussion.&#8221; 
<h2>Motive Emerges In Midtown Manhattan Mass Shooting</h2>
<div class="image"><img loading="lazy" decoding="async" class="alignnone size-large wp-image-954103" src="https://dw-wp-production.imgix.net/2025/07/MRN-7.30.25-SH2-1024x576.jpg" alt="" width="1024" height="576" srcset="https://dw-wp-production.imgix.net/2025/07/MRN-7.30.25-SH2-1024x576.jpg 1024w, https://dw-wp-production.imgix.net/2025/07/MRN-7.30.25-SH2-300x169.jpg 300w, https://dw-wp-production.imgix.net/2025/07/MRN-7.30.25-SH2-768x432.jpg 768w, https://dw-wp-production.imgix.net/2025/07/MRN-7.30.25-SH2-1536x864.jpg 1536w, https://dw-wp-production.imgix.net/2025/07/MRN-7.30.25-SH2.jpg 1920w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></div>
Topline: Four people are dead, including an NYPD officer, after a gunman opened fire in a midtown Manhattan office building on Monday in New York&#8217;s deadliest mass shooting in 25 years.
The 27-year-old shooter stormed the lobby of the skyscraper at 345 Park Avenue, killing four people before taking his own life. According to New York City Mayor Eric Adams, a suicide note found on the gunman suggests he was targeting the NFL headquarters located in the building. The shooter, who had a history of mental health problems, claimed in the note that he was suffering from CTE, a brain disease linked to head trauma, from playing football. However, he only played in high school.
The shooter was armed with an M-4 rifle, a style of weapon that is banned under New York’s strict gun laws. Following the attack, New York Governor Kathy Hochul (D) called for a nationwide ban on semi-automatic rifles.
The shooting came as officials in Cincinnati gave an update on a separate, brutal street brawl that went viral over the weekend. Cincinnati Police Chief Teresa Theetge blamed social media and journalists for misrepresenting the incident and making the investigation more difficult. The city&#8217;s Democratic mayor, Aftab Pureval, accused the Trump administration&#8217;s Department of Justice of politicizing the attack by investigating it for potential hate crime charges. 
<h2>U.S. Faces a ‘Birth Dearth’</h2>
<div class="image"><img loading="lazy" decoding="async" class="alignnone size-large wp-image-954105" src="https://dw-wp-production.imgix.net/2025/07/MRN-7.30.25-SH3-1024x576.jpg" alt="" width="1024" height="576" srcset="https://dw-wp-production.imgix.net/2025/07/MRN-7.30.25-SH3-1024x576.jpg 1024w, https://dw-wp-production.imgix.net/2025/07/MRN-7.30.25-SH3-300x169.jpg 300w, https://dw-wp-production.imgix.net/2025/07/MRN-7.30.25-SH3-768x432.jpg 768w, https://dw-wp-production.imgix.net/2025/07/MRN-7.30.25-SH3-1536x864.jpg 1536w, https://dw-wp-production.imgix.net/2025/07/MRN-7.30.25-SH3.jpg 1920w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /></div>
Topline: The U.S. birthrate fell to an all-time low in 2024, according to a new CDC report, prompting concerns about the future of the nation&#8217;s culture and economy. 
The CDC’s annual report revealed that the U.S. fertility rate dropped to 1.59 children per woman last year, a 19% decline in the last 20 years. This is significantly below the 2.1 rate needed for a generation to replace itself, and it means fewer babies were born in America in 2024 than in 1964, when the population was nearly half its current size. 
The decline is attributed to several factors. Socially, women are waiting longer to have children, with the average age of a first-time mother now at 27.5, up from 22 in 1980. Biologically, fertility rates have also fallen. The average man&#8217;s sperm count has dropped 62% since 1970, a decline linked to rising obesity rates and exposure to &#8220;forever chemicals&#8221; like PFAs. 
The Trump administration views the trend as a crisis. Vice President JD Vance has called the low birthrate an &#8220;existential threat to America.&#8221; The administration has responded with executive actions to reduce the cost of in-vitro fertilization, expand the Child Tax Credit, and has proposed a &#8220;Baby Bonus&#8221; that would provide a $5,000 cash payment to parents for each new child.

MRN 7.30.25 Thumbnail V1

Morning Brief: Trade Tour De Force, Midtown Tower Attack, U.S. Birth Rates Hit Record Low

Birth Rates

Communist China

European Union

Free Trade

Manhattan

Mass Shooting

World

Comedian Bill Maher ate a little crow during a recent episode of his &#8220;Club Random&#8221; podcast, conceding that he&#8217;d been firmly on the wrong side with a prediction he&#8217;d made earlier in President Donald Trump&#8217;s current term.
Maher, who hosted YouTuber Bryan Tyler Cohen for Monday&#8217;s episode, reminded his audience that he&#8217;d predicted that Trump&#8217;s tariff plan would result in economic disaster — probably before the Fourth of July had come and gone — but that had not happened.
WATCH:
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Cohen suggested that for commentators on the Left, the &#8220;onus&#8221; was on them to &#8220;filter&#8221; through what President Donald Trump said in order to stay on top of the issues that were really important.
&#8220;First of all, be honest. Don&#8217;t just be partisan,&#8221; Maher offered his advice on that front. &#8220;I will always call it as I see it, no matter what it is, and I don&#8217;t care who likes it or doesn&#8217;t. That&#8217;s my bond with the audience. It&#8217;s worked for me pretty well.&#8221;
Maher then fell on his own sword a bit, admitting to getting things wrong when he — along with many others —predicted that Trump&#8217;s threatened tariffs would tank the economy.
&#8220;I remember I, along with probably most people, were saying at the beginning, oh, you know, by the Fourth of July — somebody had a thing out about how the economy was gonna be tanked by then. And I was kinda like, &#8216;Well, that seems right to me,&#8217; but that didn&#8217;t happen,&#8221; he explained. &#8220;Now, it could happen tomorrow. I&#8217;m just saying, that&#8217;s reality.&#8221;
Maher went on to argue that Democrats were missing the point if they still believed that simply declaring their opposition to Trump amounted to a political strategy.
&#8220;&#8216;I just hate Donald Trump.&#8217; &#8230; That&#8217;s boring and doesn&#8217;t get us anywhere and leads you to dishonesty,&#8221; Maher said. &#8220;Because the truth is, I don&#8217;t know what his strategy is. But look, the stock market is at record highs. I don&#8217;t see a country in a depression at all. I see people out there just living their lives, and I would have thought — and I gotta own it — that these tariffs were going to f***ing sink this economy by this time, and they didn&#8217;t.&#8221;
&#8220;So, you know, how do we deal with that fact? Because that&#8217;s the fact,&#8221; he went on, arguing that Democrats needed to base their strategy on reality rather than just retreating to their partisan corners.
During the same episode, Maher took a similar tone when he revealed the biggest mistake he thought Democrats were making.
WATCH:
<blockquote class="twitter-tweet">
🚨NEW: Bill Maher *GOES OFF* on &#8220;the left&#8221; over its most idiotic mistake🚨
&#8220;The stupidest thing the left does — and this dinner is a perfect example of it — is having this attitude toward the right that: &#8216;We won&#8217;t even break bread with you. We are so far above you that we won&#8217;t… <a href="https://t.co/8DZKOdSDZ0">pic.twitter.com/8DZKOdSDZ0</a>
— Jason Cohen 🇺🇸 (@JasonJournoDC) <a href="https://twitter.com/JasonJournoDC/status/1949824666207482273?ref_src=twsrc%5Etfw">July 28, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
&#8220;The stupidest thing the Left does — and this dinner is a perfect example of it — is having this attitude toward the Right that: &#8216;We won&#8217;t even break bread with you. We are so far above you that we won&#8217;t even sit down at the same table with you!'&#8221; Maher complained. &#8220;That is their attitude — and that makes me sick too! I&#8217;m glad I break bread!&#8221;
&#8220;Good luck. See how far that gets you,&#8221; he quipped.

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