Trump tariffs us news ๐ฅ
1. Trump pushes new tariffs: copper & pharmaceuticals ๐ง
President Trump announced major trade actions, including a 50% tariff on copper imports and up to 200% tariffs on pharmaceuticals. Negotiations are ongoing with Japan, South Korea, EU, India, and Vietnam as the July 9/August 1 deadline looms.
2. Supreme Court green-lights federal layoffs
On July 8, 2025, the U.S. Supreme Court reversed a lower court order, allowing the federal government to proceed with widespread layoffs across multiple agencies (Agriculture, State, Veterans Affairs). Justice Jackson dissented.
3. Trump slams Powell, calls for Fed Chair's resignation
President Trump issued a public call for Federal Reserve Chair Jerome Powell to step down, intensifying tensions between the White House and central bank .
4. U.S. to send additional weapons to Ukraine
Trump confirmed plans to send more Patriot missiles and air-defense systems to Ukraine, responding to a Russian barrage of drones and missiles (“1,000‑bomb‑a‑day” campaign)
5. New National Farm Security Action Plan
The administration unveiled a sweeping strategy to ban Chinese nationals from buying U.S. farmland, cancel over 700 foreign research contracts, and tighten scrutiny on research ties, invoking national security concerns.
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