New tariffs of 10 to 12.5 percent took effect at 12:01 a.m. on July 24, covering 60 trading partners and about 99 percent of US imports by value. The stated justification is that those countries fail to enforce bans on goods made with forced labor. The timing, one minute after an expiring tariff lapsed, tells a different story.
Trump Accounts went live on July 4: a one-time $1,000 Treasury deposit, invested in stock index funds, for every eligible US child born 2025 through 2028. Millions of accounts are already open, Michael Dell pledged billions more, and critics are already mapping who really benefits.
The Supreme Court blocked President Trump from removing Federal Reserve Governor Lisa Cook, protecting the central bank’s independence. But in the same breath it overturned a 90-year-old precedent and let him fire an FTC commissioner. Wall Street read it as a win. The fine print is more complicated.
Apple raised prices on Macs and iPads by up to $300. Microsoft is hiking Xbox prices from August. Both blamed the same thing: a memory chip shortage driven by the AI boom, and it could last well into 2027.
CEO confidence fell to 47 in Q2 2026. Nearly a third of executives plan to cut headcount. GDP growth is at 1.6 percent. The Fed is holding rates. And the businesses that set hiring and firing decisions are telling you the economy feels worse than the numbers suggest.
China’s latest sanctions block dual-use exports to 10 US defense firms, targeting drone makers and rare earth miners. For the companies caught in the middle, it is not about politics. It is about supply chains they cannot easily replace.