The US Treasury Secretary praises the “manufacture of renaissance”, as Trump’s tariff starts in effect – direct updates | Trump’s tariff star-news.press/wp
“We have trillions of manufacturing will return,” says Treasury Secretary.
Donald Trump’s tariff also enters the areas of commercial partners in the United States today, Treasury Secretary Scott Bessin It was said in an interview with MSNBC earlier that things were “just out of balance” and “We have stopped making things in the United States”, when testing the definitions issued against major allies such as South Korea, Japan, Australia and the European Union.
Bessent added that he is confident that the customs tariff will stimulate American manufacturing, citing the obligations of companies such as Apple.
He said: “We want to get rid of this great deficit that we have with the countries that created these large surpluses and destroy our industrial base.” “We have trillions and trillions of manufacturing that will return, and we will see that during the next two years.”
Bessent continued to describe this period as “the renaissance of manufacturing”.
Main events
Lutnick claims “50 billion dollars” in the monthly tariff revenue
Also making cable news tours today is Trade Minister Howard LootnickWho said that the United States can expect “about $ 50 billion a month of customs tariff revenues”, in an interview with Fox Business Network.
“Then you will get semiconductors, you will get medications, you will get all types of additional tariff money,” he added. “Everyone realizes that you should see the American consumer. The American consumer is the strongest factor on Earth for the economy.”
“300 billion dollars” is possible in the annual tariff revenue
When asked about the amount of money that the United States could expect to bring from Donald Trump’s tariff every year, Treasury Secretary Scott Bessin said that $ 300 billion was “a good start.” This compared this to $ 77 billion, which were brought from the revenue of the tariffs in 2024.
“This year, we can have about 300 billion new revenues, or 1 % of GDP. Then there is an opportunity to be higher in the year 26,” Pisent said in an interview with MSNBC.
“We have trillions of manufacturing will return,” says Treasury Secretary.
Donald Trump’s tariff also enters the areas of commercial partners in the United States today, Treasury Secretary Scott Bessin It was said in an interview with MSNBC earlier that things were “just out of balance” and “We have stopped making things in the United States”, when testing the definitions issued against major allies such as South Korea, Japan, Australia and the European Union.
Bessent added that he is confident that the customs tariff will stimulate American manufacturing, citing the obligations of companies such as Apple.
He said: “We want to get rid of this great deficit that we have with the countries that created these large surpluses and destroy our industrial base.” “We have trillions and trillions of manufacturing that will return, and we will see that during the next two years.”
Bessent continued to describe this period as “the renaissance of manufacturing”.
Trump to sign executive orders to choose 401K and “Debanking”
A White House official tells the guardian to sign the president The two executives related to financing today.
The first will be a measure that allows the 401K holders to “reach alternative assets” such as private stocks, according to joint details with the Guardian.
The second matter will focus on Trump’s allegations of banks that distinguish against conservatives. This would punish banks for the “Debanking” process – which involves reducing financial services based on religious or political beliefs.
More details appear about shooting at the Georgia Military Base
We got more details about shooting an army base in Georgia on Wednesday. A reminder that an active soldier opened fire at the Fort Stewart military base yesterday, wounding five other soldiers before they were detained.
Officials said the alleged shooter was Sergeant Quellius Radford, 28, who was appointed to Fort Stewart.
Brigadier General John Lubas, the commander of the third infantry division and the Fort Stourt Hont airport, said that the soldiers in the area who witnessed the shooting “without the frequency of the soldier’s treatment, and they were subjected to it. This allowed the law enforcement after that.”
Al -Qaeda said on Facebook mail The shooting occurred in the second brigade team area. Al -Qaeda said: “All the soldiers were treated on the site and moved to Wayne Community Hospital for further treatment,” Al -Qaeda said.
Lubas confirmed that the shooter did not use a military weapon. He said, “We think it was a personal pistol.”
According to reports from the New York Times, Radford sent a text message to his aunt on Wednesday morning, which he said, “He loved everyone, and that he would be in a better place because he was about to go and do something.”
The Times also spoke with Radford’s father, who said he had not noticed anything unusual about his son’s behavior recently, and he did not know what he had prompted to attack his soldiers.
Donald Trump at the White House today. His day appears calm until EST, when he signs executive orders. Then at 4 pm EST, he offers notes in the Eastern Chamber.
We will monitor and give you the latest.
On Thursday, President Donald Trump called for the resignation of the CEO of Intel New Tan, saying that he was “very conflicting” after questions arose about his relationships with Chinese companies.
“There is no other solution to this problem,” he said in a social publication.
This comes at a time when Republican Senator Tom Couton sent a letter to the Intel Chairman on Wednesday with questions about Tan’s relationships with Chinese companies and a modern criminal case related to his previous design of his rhythmic company.
When writing to “concern about the security, integrity, and potential impact of American national security,” Cotton asked in the letter to Intel Frank Frank Yeari, whether the company’s board of directors is aware of the notes that were sent to the rhythm during the Tan period as an executive president before it rented by Intel.
Cotton asked about the measures taken to address these concerns.
Sam Levin
American border patrol agents made a raid outside a home warehouse in Los Angeles on Wednesday, where officers jump from a unique, chased and chased rented truck arrest More than ten people.
Videos of the operation and the data of federal officials that are proud of the detention raised questions about whether the United States government is committing to the federal court to stop random raids in the region due to evidence of racist stereotypes. This ruling, Support Last week by the Court of Appeal, reports were followed on the cliff of the Latin United States citizens in LA raids and the accounts of unconventional persons Targeted Based on their appearance and whether they are speaking Spanish.
Clips of the raid in the early morning by Home Depot in the Westlake neighborhood, near Macarthur Park, Show Pharmaceutical and armed officers leave a Yellow truck From Penske, a private rental company, and people flee. Day workers often meet outside the Home Depot stores that are looking for work and are subject to aggressive immigration raids in southern California.
The present one day on Wednesday is a raid Los Angeles Times was told The Penske truck withdrew to the parking lot at about 6.45 am, as the driver told people gathering in Spanish that he had work to present it. The witness said that one of them then rolled the back of the truck, and the disabled agents, including one in the cowboy hat, jumped while people were scattered.
Dara Care
Donald Trump said he would impose a 100 % tariff on foreign computer chips, which is likely to raise the cost of electronics, cars, home appliances and other commodities that are necessary for the digital era.
“We will put a tariff on about 100 % on chips and semi -conductors,” Trump said at the Oval Office during his meeting with the CEO of Apple Tim Cook. “But if you are building in the United States of America, there is no fee.”
The Republican President said that companies that make computer chips in the United States will transfer the import tax. During the Covid-19s, the lack of computer chips increased from the price of cars and contributed to increasing inflation in general.
Trump and Cook were meeting on Wednesday to discuss an Apple agreement to invest $ 100 billion in manufacturing in the United States during the next four years. This comes after the iPhone maker has already pledged to invest $ 500 billion locally earlier this year. With new Apple investments, the total number is now $ 600 billion.
Trump directs the Trade Administration to create a new American census
President Donald Trump said on Thursday that he ordered the Ministry of Trade to start creating a new census “based on the facts and numbers of the modern era” that use results and information from the 2024 presidential elections.
In fact, he said in a social position: “The people in our country will not be legalized illegally in the census.”
He added:
Our Ministry of Commerce has ordered the immediate start of working in a very new and accurate statistics based on the facts and numbers of the modern era, and most importantly, using the results and information gained from the 2024 presidential elections.
https://i.guim.co.uk/img/media/57afbe9de25961846b80d0b3b5d353f3def8d069/444_0_4440_3552/master/4440.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&precrop=40:21,offset-x50,offset-y0&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctbGl2ZS5wbmc&enable=upscale&s=66395ce981eeda9d33d9eb37f66ee843
2025-08-07 14:01:00
