Updated 4:24 PM PDT, July 23, 2026
Here’s what we’re following:
- President Donald Trump announced Thursday he is imposing new double-digit tariffs on dozens of U.S. trading partners, just as the clock runs out Friday on stopgap levies he imposed after a defeat at the Supreme Court. The United States will impose taxes of 10% to 12.5% on imports from 60 countries, charging that they have inadequately enforced bans on goods produced by forced labor.
- Trump said earlier Thursday that a new agreement reached with Saudi Arabia for a civilian nuclear program will require the kingdom to normalize relations with Israel through the Abraham Accords. Trump added that the new nuclear deal, which is expected to last 30 years and involve U.S. firms, does not allow for enrichment of uranium. But experts are concerned the deal lacks guardrails to prevent uranium enrichment to weapons-grade levels.
- The U.S. military launched strikes on Iran for the 13th night in a row as clashes escalate over shipping routes. The House on Thursday narrowly passed a resolution to halt U.S. military action in Iran, sending a largely symbolic warning to Trump for the second time. A day earlier, the House adopted a Republican-only $95 billion budget proposal in a long-shot effort to fund the Iran war and other White House priorities, despite objections from Democrats and a few GOP holdouts. The Senate must now reach an agreement for it to pass.
US military says it’s launching strikes on Iran as clashes escalate over shipping routes
By ELENA BECATOROS, FATMA KHALED, COLLIN BINKLEYU.S. Central Command once again said the strikes are designed to “further degrade Iran’s ability to threaten civilian mariners and commercial vessels transiting regional waters” as the U.S. pushes to regain control over the Strait of Hormuz and restore the flow of international shipping.
26 min agobreaking news updates
JUST IN: US military says it’s launching strikes on Iran for the 13th night in a row as clashes escalate over shipping routes
By THE ASSOCIATED PRESS
3:31 p.m. PDT
Trump says Iran’s frozen assets will pay for repairs to damaged ships
By JOSH BOAKThe president said on social media that sanctioned Iranian funds in the possession of the U.S. will cover the expense of fixing boats damaged in the war.
“Please let this statement serve to represent, until further notice, that from this point forth, any and all damages done to Ships, Cargo, or anything related thereto, will be paid for by Iranian Money that the United States has in its possession, and controls,” Trump said.
It was unclear what legal mechanisms Trump would use to access and spend the funds, but he said that doing so would be “the fair and equitable thing to do.”
2:57 p.m. PDT
Some products are exempted from new tariffs, including oil and gas
By MAE ANDERSON, PAUL WISEMANSome products — including oil, gas and fertilizer — are exempted from the new tariffs announced Thursday. Also being spared are products that qualify for duty-free status under the US-Mexico-Canada Agreement, the North American trade pact Trump negotiated in his first term.
Tariffs are paid by companies in the United States that import foreign products. The importers usually try to pass along the cost by charging consumers higher prices.
Americans are already frustrated by the high cost of living, so the administration is taking a risk in rolling out new tariffs ahead of the Nov. 3 midterm elections.
2:06 p.m. PDT
Trump is going ahead with new double-digit tariffs on dozens of U.S. trading partners just as the clock runs out Friday on stopgap levies he imposed after a stinging defeat at the Supreme Court.
The United States will impose taxes of 10% to 12.5% on imports from 60 countries, charging that they have inadequately enforced bans on goods produced by forced labor.
The new tariffs come as temporary 10% worldwide tariffs expire at 12:01 a.m. Friday.
Trump had turned to those levies after the Supreme Court struck down his biggest and boldest tariffs in February. Now he’s tapping more durable tariffs under a 1974 trade law.
2:04 p.m. PDT breaking news updates
1:44 p.m. PDT
President Donald Trump is asking governors and electricity companies to join a pledge aimed at shielding U.S. consumers from higher utility bills because of data centers.
This move highlights the controversy surrounding the development of artificial intelligence before the November midterm elections.
Trump initially announced the pledge with leading AI and tech companies in March, but voters remain concerned about affordability and competition for resources. A recent analysis shows increased electricity demand could raise utility bills by 15% to 40% by 2030.
Opposition to data centers has become bipartisan. Some governors have taken steps to address these concerns.
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Trump imposes double-digit tariffs on countries before Friday deadline
By PAUL WISEMAN, MAE ANDERSONTrump is going ahead with new double-digit tariffs on dozens of U.S. trading partners just as the clock runs out Friday on stopgap levies he imposed after a stinging defeat at the Supreme Court.
The United States will impose taxes of 10% to 12.5% on imports from 60 countries, charging that they have inadequately enforced bans on goods produced by forced labor.
The new tariffs come as temporary 10% worldwide tariffs expire at 12:01 a.m. Friday.
Trump had turned to those levies after the Supreme Court struck down his biggest and boldest tariffs in February. Now he’s tapping more durable tariffs under a 1974 trade law.
2:04 p.m. PDT breaking news updates
JUST IN: Racing clock, Trump administration unveils double-digit tariffs on dozens of countries as stopgap 10% levies end Friday
By THE ASSOCIATED PRESS1:44 p.m. PDT
Trump expands a voluntary pledge to protect consumers from high utility bills from AI data centers
By JOSHUA BOAKPresident Donald Trump is asking governors and electricity companies to join a pledge aimed at shielding U.S. consumers from higher utility bills because of data centers.
This move highlights the controversy surrounding the development of artificial intelligence before the November midterm elections.
Trump initially announced the pledge with leading AI and tech companies in March, but voters remain concerned about affordability and competition for resources. A recent analysis shows increased electricity demand could raise utility bills by 15% to 40% by 2030.
Opposition to data centers has become bipartisan. Some governors have taken steps to address these concerns.
▶ Read more
1:07 p.m. PDT
Government withdraws subpoenas of 3 reporters for The New York Times after admitting legal errors
By MICHAEL R. SISAK, ERIC TUCKER, LARRY NEUMEISTERThe government has withdrawn subpoenas that would have compelled three New York Times reporters to testify about their sources for articles about Trump’s Qatari-gifted Air Force One jet.
The withdrawals in U.S. District Court followed a remarkable back-and-forth between a visibly irritated Judge Arun Subramanian and government attorneys.
They come at a time when the Trump administration is vigorously going after news organizations whose reporting and coverage it doesn’t like — and also trying to crack down on leaks inside the government.
The government’s retreat in the face of vigorous legal opposition and a stern reprimand from a judge marked the latest instance of the Justice Department pulling back on its aggressive efforts to compel journalists to identify their sources before a grand jury. The administration recently withdrew similar subpoenas that sought to compel testimony in Virginia from journalists for The Washington Post and The Wall Street Journal.
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12:39 p.m. PDT breaking news updates
JUST IN: U.S. government withdraws subpoenas for NY Times reporters in investigation of sources related to new Air Force One jet
By THE ASSOCIATED PRESS12:27 p.m. PDT
Trump is looking forward to meeting Dodgers’ Shohei Ohtani
By DARLENE SUPERVILLE, WILL WEISSERT“I’ll meet a man who’s just about the best pitcher in baseball and just about the best hitter in baseball,” Trump said of the upcoming appearance while speaking at an event at the EPA headquarters in Washington.
He was referring to Shohei Ohtani, the Dodgers designated hitter and pitcher.
Trump also mentioned Babe Ruth, himself a legendary pitcher and hitter, and suggested that Ohtani was superior to Ruth.
“So we’re going to meet him and all of the people of the Dodgers,” Trump said. “They won the World Championship, and we see the champions, the Super Bowl champions and the baseball and basketball, all of them. They like to come over to the White House.”
Los Angeles edged the Toronto Blue Jays in Game 7 last October to become the first repeat World Series champions in a quarter century.
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