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The BRICS bloc of countries adopted a declaration on Sunday condemning elevated unilateral tariffs — however prevented mentioning the USA or President Trump by identify.
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Treasury Secretary Scott Bessent late Sunday fired again at Larry Summers for the previous Treasury secretary’s criticism of President Trump’s huge tax and spending laws.
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Tesla’s inventory tumbled 7 % Monday morning after Elon Musk launched a 3rd social gathering and obtained an icy response from President Trump.
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Upcoming information themes and occasions we’re watching:
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- The following NFIB Small Enterprise Optimism Index is ready for launch on Tuesday at 6 am E.T.
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Department out with extra tales from the day:
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WASHINGTON (AP) — President Donald Trump on Monday set a 25% tax on items imported from Japan and …
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Enterprise and financial information we have flagged from different retailers:
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- Dow slides greater than 400 factors Monday as new Trump tariffs incite sell-off (CNBC)
- Tesla inventory tanks after Trump dismisses Musk’s new political social gathering plan and calls him ‘off the rails’ (CNN)
- US tariffs on European items threaten to shake up the world’s largest commerce relationship (The Associated Press)
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High tales on The Hill proper now:
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President Trump signed his sweeping tax minimize and spending package deal referred to as the “large, stunning invoice” into regulation throughout a Fourth of July celebration on Friday. Read more
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Tech billionaire Elon Musk trolled President Trump early Monday with a publish knocking the administration for making no arrests associated to the Jeffrey Epstein case. Read more
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Opinions associated to enterprise and financial points submitted to The Hill:
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You are all caught up. See you tomorrow!
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