Canada details counter-tariffs up to 50% on C$27.6 billion in US goods for September 8, as Trump threatens 50% on Canadian cars and steel in 2027.
Treasury Secretary Bessent says Chinese banks financing Iran’s oil face sanctions in his “economic asphyxiation” campaign, as Beijing vows countermeasures.
Vance calls Canada a “state” at a Maine event, claiming a Freudian slip, as Trump says Canada “couldn’t survive” without US money.
DHS proposes a $103,265 employer fee per H-1B visa, built by dividing $8.8 billion in immigration system costs across the 85,000-visa cap.
Treasury Department launches Operation Economic Outcast, threatening to cut any entity trading with Iran from the dollar system, as the rial hits a record low.
Gary, Indiana, nears 12 days without power for 33,000 people as the state awaits word on a federal major disaster declaration.
Canada sets dollar-for-dollar retaliatory tariffs for September 8 after talks collapse, with Carney saying US demands asked too much and offered too little.
Iran declares any country joining US sanctions an enemy it will harm, as China rejects the demand that all nations isolate Tehran.
Asked about bond market interventions, Trump tells reporters “the ultimate intervention is our military. And if we have to use that, we will.”
Trump orders tariff-free imports of 300,000 metric tons of foreign beef over rancher objections, refusing to name which countries will supply it.
Canada vows to match US tariffs dollar for dollar as the 50% duties on $20 billion in goods take effect after trade talks collapse.
Iran finalizes a trade deal with mediator Oman and opens Hormuz to Iraqi tankers as China rejects Bessent’s demand that every nation join US sanctions.
Vance declares the Iran war in a new phase of economic pressure as Tehran calls the threats cover for US military failure.
Gross national debt tops $40 trillion, growing $2T in 10 months, as debt held by the public nears the World War II record share of GDP.
Trump declares economic warfare on Iran and threatens any country offering a lifeline, a day after saying no talks are underway or scheduled.
Pennsylvania Governor Shapiro orders data centers to win local approval and ends their expedited permitting, reversing his embrace of an industry now facing bipartisan backlash.
USDA moves to rescind the 2001 roadless rule protecting tens of millions of forest acres from road construction, logging, and mining.
Trump pauses 50% Canadian tariffs for three days after announcing a trade deal with terms neither government has detailed.
Energy Secretary Wright issues a 6th emergency order keeping Michigan’s Campbell coal plant open, 15 months past its planned retirement.
Salt Lake City launches a federally funded stabilization program reimbursing small businesses up to $3,500 for vandalism and property crime repairs.
Trump administration refuses to renew Arkansas’ 13-year Medicaid waiver under new budget rules, threatening coverage changes for 200,000 low-income residents.
Navy weighs moving carrier command towers to match Trump’s preferred World War II look, a redesign his own first-term study priced in billions.
Federal regulator approves a bank charter for Trump family crypto firm World Liberty, letting it issue digital money convertible to dollars.
Trump vows to declare the Strait of Hormuz a US territory after defeating Iran, telling voters he’ll never apologize for $4 gas.
North Carolina’s attorney general says Duke Energy gave wrong rate-hike figures under oath, with residential increases reaching 9.3% instead of 6.8%.
Washington judge orders Kalshi to stop taking bets on sports, elections, and politics, ruling the prediction platform violates state gambling law.
Trump orders the Navy to rip electromagnetic catapults from its newest carriers and return to steam, a swap likely costing billions.
New York City eliminates all childcare fees for 22,000 voucher families as Mamdani takes another step toward promised universal care.
Iran’s military rejects Trump’s claim of total Hormuz control as lies while Bessent threatens economic isolation surpassing anything the world has seen.
Trump’s White House construction will cost at least $927 million with taxpayers covering most of it through a maintenance account, a Post review shows.
Trump claims total U.S. control of the Strait of Hormuz and says America may keep it as daily traffic falls to 8 ships from 130.
Treasury exempts U.S. companies from disclosing their true owners and will delete existing records, rolling back a 2021 anti-money-laundering law.
Trump Media signs high-frequency trading firms at up to $100,000 monthly for millisecond access to the president’s market-moving posts, its first customers.
Trump demands Iran pay compensation for the USS Cole and 52,000 war dead after Tehran conditions reopening the Strait of Hormuz on U.S. damage payments.
Taylor Farms recalls 20 jalapeño products from Walmart, Target, and Whole Foods as the salmonella outbreak sickening 345 people spans 27 states.
USPS narrows its quarterly loss to $2.5 billion but still projects running out of cash by early 2027 under its $15 billion borrowing cap Congress set in 1990.
U.S. economy sheds 23,000 jobs in July as 264,000 people stop working or looking, pushing labor force participation to its lowest since 1976 outside COVID.
Federal judge blocks HUD from redirecting $4 billion in homelessness funding away from permanent housing, the agency’s third loss on the same overhaul.
Trump moves again to fire Fed Governor Lisa Cook over mortgage fraud claims, giving her 21 days to respond after the Supreme Court blocked his first attempt.
Senate votes 90-6 to fund the government through December 11, adding a provision barring Trump from blocking federal grants to states for political reasons.
San Francisco unanimously cuts its paid parental leave waiting period in half, making workers eligible 90 days into a new job.
GAO finds DOGE’s Wall of Receipts claimed billions from contracts never canceled, unable to verify 96% of the $47 billion in reported grant savings.
The Interior Department agrees to pay German energy giant RWE $1.22B to abandon 3 offshore wind leases, its fifth buyout pushing total payouts past $3.9B.
New California rent caps take effect limiting annual increases to 8.1% to 8.8% by region under the state’s 5% plus inflation formula.
U.S. suspends government operations in Michoacán over an unspecified threat, halting USDA avocado inspections in Mexico’s top producing state.
Senators demand the CFTC crack down on prediction markets offering wildfire bets, warning they could incentivize arson as Spokane burns.
DC National Guard deployment will cost $1.4 billion more through January 2029, Sen. Elizabeth Warren’s office finds, as troops enter a second year on patrol.
Louisiana prepares to transfer 130,000 acres of coastal marshland from an ExxonMobil pollution settlement to SpaceX for a Starship launch site, the Times-Picayune reports.
Capital One tells a court it closed more than 300 Trump Organization accounts after an anti-money laundering review, rejecting the family’s political-bias lawsuit.
25 states sue to block Trump’s third round of worldwide tariffs, calling forced-labor claims a pretext to revive taxes the Supreme Court struck down.