Author: Newyorki

Renowned mining magnate Robert Friedland has voiced strong support for President Donald Trump’s proposed 50% tariff on copper imports, calling the move “intelligent” and necessary for U.S. national security. While some industry leaders and analysts have raised concerns about the economic logic of such a high levy, Friedland argues that the decision is long overdue and aims to wake Americans up to the strategic importance of domestic mineral production. A Wake-Up Call on Critical Minerals Speaking to the Financial Times, Friedland described copper as one of many critical raw materials essential for energy transition, technological development, and defense manufacturing. “There’s…

Financial markets are caught in a state of confusion as former President Donald Trump’s policy shifts continue to create contradictory economic signals. While the White House pushes ahead with new tariffs and fiscal reforms, investors and economists alike are struggling to reconcile opposing trends in bond and equity markets. Tariffs, Flip-Flops, and Policy Contradictions Trump has repeatedly issued bold economic pronouncements — from “final” tariff threats to sweeping promises on debt and deregulation — only to backtrack shortly after. While his administration insists its policies are focused on industrial job creation and restoring dollar dominance, actions such as the weakening…

Former U.S. President Donald Trump has reignited trade tensions with Canada, announcing plans to impose a 35% tariff on Canadian imports starting August 1, unless new trade terms are reached. The move is part of Trump’s broader push to reshape global trade and exert pressure on countries he accuses of unfair practices and contributing to America’s drug crisis. Letter Sent to Canada as Part of Broader Tariff Campaign According to sources close to the administration, Trump sent a formal letter to Canadian Prime Minister Mark Carney late Thursday night. The letter outlines the U.S.’s intention to impose the steep tariff…

President Donald Trump arrived in Texas on Friday to survey the catastrophic damage caused by the devastating floods that swept through the Texas Hill Country on July 4. The floods, which rapidly overwhelmed the Guadalupe River, have resulted in at least 120 confirmed deaths, with 96 fatalities in Kerr County alone, including at least 36 children. More than 160 people remain missing, and rescue teams have not made a live rescue since the day of the flood. Presidential Visit to Kerr County President Trump, accompanied by First Lady Melania Trump, landed in Kerr County at approximately 12:20 p.m., where they…

Former President Donald Trump’s well-known sweet tooth, famously indulged with pink Starbursts and Tootsie Rolls, could be in conflict with the health initiatives of his own Health and Human Services (HHS) Secretary, Robert F. Kennedy Jr. At the center of the brewing tension is Mars Wrigley—the maker of Starburst, Skittles, and M&Ms—which has resisted calls to eliminate artificial food dyes from its products. Kennedy, leading the “Make America Healthy Again” (MAHA) initiative, has made the removal of artificial additives a cornerstone of his health reform efforts. Mars Wrigley Hesitant to Commit to Dye Removal Mars Wrigley told USA TODAY it…

growing rift is emerging between former President Donald Trump and core members of the Make America Great Again (MAGA) movement, as several policy decisions and reversals have left key conservative figures and activists increasingly dissatisfied. The most recent flashpoint stems from widespread frustration within the MAGA base over a Justice Department memo that offered few new details on the high-profile Jeffrey Epstein case. Attorney General Pam Bondi has faced intense backlash, with some activists calling for her resignation after earlier promising new revelations and inviting right-wing influencers to the White House to discuss the case. Chris Ager, a Republican leader…

In the wake of catastrophic flooding that struck Central Texas on July 4, communities across the state continue to grieve as the death toll rises and the search for more than 170 missing people presses on. As of Thursday, at least 119 people have been confirmed dead, including at least three dozen children, making it one of the deadliest flood disasters in recent Texas history. The hardest-hit area, Kerr County, accounts for 95 of the deaths, with fatalities also reported in surrounding counties: Kendall County: 8 deaths Travis County: 7 deaths Burnet County: 5 deaths Williamson County: 3 deaths Tom…

As climate change reshapes the Arctic, melting ice and opening once-inaccessible sea routes, the United States is significantly expanding its polar maritime capabilities. A key provision in President Donald Trump’s newly signed federal spending package—dubbed the “Big Beautiful Bill”—authorizes a historic investment in the U.S. Coast Guard’s icebreaker fleet, aimed at countering growing Chinese and Russian influence in polar regions. A Major Boost to Coast Guard Capabilities The bill includes funding for: 17 new icebreakers 21 cutters Over 40 helicopters Six large patrol aircraft Coast Guard officials say this marks the largest investment in polar capabilities in U.S. history. However,…

An obscure but impactful change to gambling tax deductions buried in President Donald Trump’s newly passed legislative package has sparked outrage across the U.S. gambling industry. The provision, which reduces how much gamblers can deduct in losses against their winnings, is expected to raise over $1 billion for the federal government over the next decade—but critics say it may devastate professional gambling in the U.S. What Changed? Under the current tax system, gamblers are allowed to deduct 100% of their losses from their winnings, meaning only their net earnings are taxed. However, starting January 1, 2026, the new law will…

In a rare and urgent move, Bishop Alberto Rojas of the Diocese of San Bernardino has formally suspended the obligation for Catholics to attend weekly Mass due to growing fears of immigration enforcement actions in the region. The decree, announced on July 8, dispenses parishioners who experience “genuine fear” of U.S. Immigration and Customs Enforcement (ICE) raids from attending Sunday services and other holy days of obligation, such as Christmas. Bishop Rojas stated that fear stemming from enforcement activity qualifies as a “grave inconvenience” that can prevent the faithful from fulfilling their spiritual obligations. “In issuing this decree, I am…