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The Latest Breaking News on US Politics

Why Are Traders Mocking Trump with the 'TACO Trade'? — Because His Tariff Threats Keep Fizzling Out

Originating from a Financial Times column by Robert Armstrong, the term has gained traction among investors and analysts who view it as a predictable cycle in Trump's trade approach.

International Business Times UK · May 30, 2025

Trump says he is doubling tariffs on imported steel to 50% – as it happened

This liveblog is now closed.

The Guardian - US · May 30, 2025

First Thing: Trump wins temporary reprieve as he fights against court block on tariffs

President rails against judges who ruled against him as appeals court grants pause until challenge is heard. Plus, what the Guardian’s Jerusalem correspondent learned in four years in the role

The Guardian - UK · May 30, 2025

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So long, Elon: the cuts didn’t go to plan, but you completely shredded your reputation

Judging by Musk’s approval ratings, Tesla investors won’t be the only ones happy to see the dethroning of the king of Doge, says Guardian columnist Marina Hyde

The Guardian - UK · May 30, 2025

Trump tariffs can stay in place for now, appeals court rules

Tariff collections can remain temporarily under emergency legislation as the court reviews the government's appeal

Evening Standard · May 30, 2025

Trump's Tax Reversal: Wealthy Face 39.6% Rate in Dramatic Policy Shift

Donald Trump proposes raising the top tax rate to 39.6% for Americans earning over $2.5 million, aiming to fund middle-class tax relief and reshape GOP tax policy.

International Business Times UK · May 30, 2025

Trump’s plan to tax US college endowments: Who will that hurt and how much?

Republicans say their new bill holds ‘woke’ universities and tax-exempt entities accountable.

Al Jazeera · May 30, 2025

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What's in a name? A small fortune for businesses around Fort Bragg

Businesses around Fort Bragg in North Carolina are facing a challenge now that the Trump administration has once again renamed the military post

The Independent UK · May 30, 2025

Maryland's Wes Moore says he's not running for president but high-profile stops keep chatter alive

Maryland Gov. Wes Moore has been saying for months that he does not plan to run for president in 2028

The Independent UK · May 30, 2025

A Bad Wrap: An Angry Trump Blasts The 'TACO Theory'

President Donald Trump made no pretense at hiding his irritation this week when he was asked by a reporter about "TACO" -- an acronym that has been gaining traction among Wall Street traders who believe that "Trump Always Chickens Out."

International Business Times · May 30, 2025

Trump news at a glance: tariffs reinstated, for now, after rollercoaster of court decisions

Appeals court grants temporary stay of ruling that blocked tariffs as president’s allies rail against major blow to signature policy – key US politics stories from Thursday at a glance

The Guardian - US · May 30, 2025

Michigan Governor Not Mad, Just 'Very Disappointed' as Trump Considers Pardon for Men Who Plotted to Violently Kidnap Her

Gov. Gretchen Whitmer shared her "disappointment" regarding Trump's statement that he'd consider pardoning two men convicted of plotting to kidnap her in 2020.

Latin Times · May 29, 2025

'Had Enough of Everything': Thousands of Fed-Up Americans Seek UK Passports Under Trump 2.0

A record number of Americans are applying for British citizenship amid Donald Trump's second term, with many citing political disillusionment and a desire to permanently settle in the UK.

International Business Times UK · May 29, 2025

Federal appeals court temporarily reinstates Trump tariffs

The decision comes a day after a trade court blocked the majority of Trump tariffs because it circumvented Congress.

Al Jazeera · May 29, 2025

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International Business Times · May 29, 2025

What Comes Next In Trump's Legal Battle Over Tariffs?

A US federal appeals court has temporarily halted a ruling that found many of President Donald Trump's tariffs illegal, but the chance it could ultimately back the original decision looms over the White House.

The Independent UK · May 29, 2025

Trump administration increases pressure on 'sanctuary jurisdictions' with public listing

The Department of Homeland Security is putting hundreds of “sanctuary jurisdictions” across the country on notice

Latin Times · May 29, 2025

Another Dem Rep. Throws Hat In The Ring To Become The Next Ranking Member of Key Oversight Committee

Democratic Rep. Robert Garcia is the latest lawmaker to announce his intention to become the next ranking member of the House Oversight Committee

Texas Observer · May 29, 2025

Texas House Passes Raft of Dan Patrick Priorities Imposing Conservative Mandates on Public Ed

In final days of session, the lower chamber voted to further advance the classroom culture wars.

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Reason · May 29, 2025

Buddy, Can You Spare A Million Bucks?

The appalling consequences of presidential immunity.

The Guardian - US · May 29, 2025

Trump wins temporary reprieve as he fights against court block on tariffs

US president rails against judges who ruled against him as appeals court grants pause until challenge is heard

The Independent UK · May 29, 2025

Nebraska Republicans sought to weaken voter-backed paid sick leave. A Democrat helped them do it.

The Nebraska Legislature has passed a bill that significantly weakens a voter-backed measure requiring employers to offer paid sick leave

The Guardian - US · May 29, 2025

Trump administration sets quota to arrest 3,000 people a day in anti-immigration agenda

The target was delivered by Stephen Miller and Kristi Noem, and triples figures fromearlier this year

The Independent UK · May 29, 2025

Court's tariffs ruling offers US businesses a reprieve but they aren't ready to celebrate

Businesses that have been unsettled by President Donald Trump’s on again, off again tariffs don't know how much faith to put in the reprieve from a federal court that halted most of the taxes on foreign imports

The Independent UK · May 29, 2025

Mom of murdered gay man claims evangelical Trump impeachment lawyer misled cops about son’s death: lawsuit

Exclusive: Linda Clary Umberger says Jay Sekulow’s response to her son’s homicide “ranged from unhelpful to hostile,” an accusation his attorney flatly denied

Latin Times · May 29, 2025

Trump Sneaks Alt-Right Easter Egg Into Truth Social Meme: 'On a Mission From God'

An absurd cartoon, Pepe the Frog, is planted in the background of an image shared by President Donald Trump, proclaiming that "He's on a mission from God."

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