Senate Republicans, with the exception of Missouri Senator Josh Hawley, are showing little enthusiasm for President Trump's proposal to redistribute tariff revenue as rebates to Americans. The idea, which would share the financial gains from new trade levies with the public, isn't gaining much traction among GOP lawmakers.

Editor’s Note: This story highlights a divide within the Republican Party over how to handle tariff revenues—a key part of Trump's trade policy. While the idea of giving money back to Americans might sound appealing, the lack of GOP support suggests political or practical concerns could stall the plan. For everyday readers, it’s a sign that even within one party, not all policy proposals get a free pass.

President Trump has ordered the firing of Erika McEntarfer, the head of the US Bureau of Labor Statistics, shortly after the release of a disappointing jobs report showing sluggish employment growth. The news coincided with a sharp drop in US stock markets as investors reacted to the weak economic data.

Editor’s Note: This story highlights the Trump administration's aggressive response to unfavorable economic news, raising concerns about political interference in nonpartisan government agencies. The abrupt firing could undermine confidence in official economic data, which businesses and investors rely on to make decisions. It also signals potential volatility ahead as markets digest both the weak jobs numbers and the administration's reaction.

Wall Street started the day in the red as investors reacted to a disappointing U.S. jobs report and ongoing concerns over Trump's trade tariffs. Only 73,000 jobs were added in July, and previous months' numbers were revised downward by 258,000. Meanwhile, tensions between the White House and the Federal Reserve added to market jitters.

Editor’s Note: This story matters because it signals potential trouble for the U.S. economy—weak job growth and political pressure on the Fed could slow things down even further. For everyday people, that might mean fewer job opportunities and more uncertainty about things like loans and investments. Plus, with global markets reacting, it’s a reminder that economic policies here can ripple worldwide.

Judges are challenging President Trump's assertion that he can use emergency powers to override the tariff schedule established by Congress, raising questions about the limits of executive authority.

Editor’s Note: This story highlights an ongoing tension between the executive and legislative branches over who has the final say on trade policy. If courts side against the president, it could set a precedent limiting how far future leaders can stretch emergency powers—something that matters for both political accountability and business stability.

President Trump once claimed that trade would replace aid in Africa, but in one of the continent's poorest countries—which he famously dismissed as obscure—his administration's tariffs are causing economic turmoil while also cutting aid. The result is a double blow to a nation already struggling with poverty.

Editor’s Note: This story highlights how high-profile political promises can clash with reality, leaving vulnerable populations worse off. It’s a reminder that global trade decisions have real-world consequences, especially for countries with little power to push back.

Brazil is gearing up to challenge new U.S. tariffs after President Trump slapped a 40% hike on Brazilian imports, accusing the U.S. of targeting ex-president Jair Bolsonaro, who's currently facing trial for alleged coup plotting. This raises total trade duties to 50%, and if negotiations fall through, Brazil plans to appeal. Meanwhile, experts suggest the political fallout could boost former president Lula's chances of reelection.

Editor’s Note: This isn't just about trade—it's a political and economic showdown with real consequences. Higher tariffs could hurt Brazil's economy, but the backlash might also reshape its political landscape, potentially bringing Lula back into power. For the U.S., it's another flashpoint in Trump's aggressive trade strategy, which continues to stir global tensions.

President Trump has signed an executive order imposing reciprocal tariffs on dozens of countries, including a hefty 35% tariff on Canada, set to take effect in just seven days. The move escalates ongoing trade tensions and could trigger retaliatory measures from affected nations.

Editor’s Note: This story matters because these tariffs could disrupt global trade, raise prices for consumers, and strain diplomatic relations—especially with close allies like Canada. It’s a big deal for businesses and everyday shoppers who might feel the pinch.

During a press interaction, former President Donald Trump aggressively responded to a reporter's question about tariffs, deflecting criticism by blaming his first term on dealing with opponents he called "lunatics," while also referencing the pandemic as a complicating factor.

Editor’s Note: This story highlights the ongoing contentious relationship between Trump and the media, as well as his tendency to deflect policy discussions with personal attacks. It matters because it reflects the polarized nature of U.S. politics and how political leaders frame economic challenges, like tariffs, amid broader crises.

The White House has announced a series of new tariff rates for dozens of countries, delaying their implementation by at least a week from the originally planned Friday start date. Notably, some Canadian goods will face a steep 35% tariff starting August 1.

Editor’s Note: This move signals escalating trade tensions, particularly with Canada, and could lead to higher prices for consumers and strained international relations. The delay suggests last-minute adjustments, but the higher tariffs are likely to ripple through supply chains and economies.