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Showing posts from July, 2025

Today USA news

Major U.S. News 1. Trump signs “Big, Beautiful Bill” during July 4 ceremony President Trump marked Independence Day by signing a sweeping tax-and-spending package—dubbed the “One Big Beautiful Bill”—in a White House ceremony complete with military jets overhead and a B‑2 flyover. The bill makes the 2017 tax cuts permanent, boosts defense spending, funds a stricter immigration enforcement program, expands the child tax credit, and raises the state/local tax deduction cap—but critics warn it will increase the deficit by over $3 trillion and push millions off Medicaid  . 2. New U.S. tariffs loom; 90-day freeze set to expire July 9 A 90‑day pause on broad tariffs will end on July 9. The Trump administration plans to notify trading partners of new tariffs ranging from 10–70%, effective August 1 if no agreements emerge. Targets include the EU, Japan, Korea, and more; preliminary deals may be underway with the UK and Vietnam, while China is in a truce status  . 3. Fatal flash flood...