US President Trump sent a letter to 14 countries including Japan, South Korea and Malaysia on Monday (July 7), stating that unless they can reach a new trade agreement with the United States as soon as possible, they will face at least 25% high tariffs starting from August 1.
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The local government of Texas, the United States, announced on Monday (July 7th) that the floods caused by heavy rain on the 4th have claimed at least 104 lives in the state.
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Billionaire Elon Musk announced on Saturday the establishment of a new political party, the "America Party", to challenge what he calls the "one-party system" in the United States.
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The US House of Representatives passed the "Big and Beautiful" tax and spending bill promoted by President Trump on the eve of Independence Day.
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US President Trump said that he might start sending notification letters to trading partners as early as Friday (July 4th) to determine how much equivalent tariffs the US will impose on them.
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Recently, US-Japan trade negotiations have hit a serious impasse, with the issue of automobile tariffs emerging as an insurmountable obstacle between the two sides.
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The British rap duo "Bob Vylan" was accused of making "hate Israel" remarks during a performance and had their visa revoked by the United States.
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The US Senate passed President Trump's "Big and Beautiful" tax and spending bill by an extremely narrow margin and submitted it to the House of Representatives.
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Recently, the trade friction between the United States and Europe has intensified, drawing great attention from the global economic community. The European Commission has set a 10% reciprocal tariff as the baseline for negotiations with the United States.
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According to the latest estimate from the Congressional Budget Office, the Senate version of President Trump's "Big and Beautiful" tax cuts and spending bill will lead to an increase of nearly 3.3 trillion US dollars in the US deficit over the next 10 years, with costs far exceeding those of the House version.
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The Trump administration recently announced a proposed rule to impose a four-year limit on the study duration of international students in the United States.
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