What to Know
- President Donald Trump told NBC News today that he plans to impose blanket tariffs of 15% or 20% on most trade partners, dismissing concerns that further tariffs could negatively impact the stock market or drive inflation.
- A federal judge temporarily blocked Trump’s effort to restrict birthright citizenship across the country and granted class-action status to infants who would be affected by the president’s order.
- Secretary of State Marco Rubio said Russia presented a “new and different approach” to ending the war in Ukraine during a meeting with Russian Foreign Minister Sergey Lavrov today.
- Trump is sending letters outlining pending tariff rates to countries ahead of an Aug. 1 deadline to reach trade deals with the U.S. Brazil, would face a 50% tariff on its goods under the proposed duties, while the Philippines would see a 20% tariff.
Follow along for live updates.