European Union officers warned on Monday that countermeasures are nonetheless on the desk if they can not attain a commerce cope with the USA to keep away from the 30 % tariffs that President Trump introduced over the weekend would take impact on Aug. 1.
The likelihood that President Trump may change Federal Reserve Chair Jerome Powell with Treasury Division Secretary Scott Bessent is spinning heads from Washington to Wall Road and past.
Tesla CEO Elon Musk stated Monday he doesn’t help merging his electrical automobile (EV) firm together with his synthetic intelligence (AI) agency, xAI, after the concept was floated final week by a outstanding analyst.
Upcoming information themes and occasions we’re watching:
The Hill and NewsNation are hosting an inaugural Hill Nation Summit to interview Washington’s prime leaders. Audio system embrace Speaker Mike Johnson (R-La.) and White Home senior counselor for commerce and manufacturing Peter Navarro. Full speaker list here.Request to attend here.
The Bureau of Labor Statistics is about to launch the June 2025 client value index, Federal Reserve’s most well-liked inflation gauge, on Tuesday at 8:30 am E.T.
The Supreme Court docket on Monday allowed President Trump to renew efforts to dismantle the Division of Schooling in an obvious 6-3 vote alongside ideological strains, lifting a choose’s order to reinstate a whole bunch of workers terminated in mass layoffs. Read more
President Trump’s allies are in search of to calm the furor that has engulfed the final week involving the Jeffrey Epstein case and the administration. Read more
What Individuals Suppose
Opinion associated to enterprise and financial points submitted to The Hill:
