President Trump announced new tariffs on many countries, starting right after an earlier set of tariffs ends. In other news, there are tensions in Madison, Wisconsin, after a man with a knife was fatally shot by police, and the person who killed Minnesota House Speaker Melissa Hortman was sentenced to life in prison.
Key Facts
President Trump is putting new tariffs in place on dozens of countries.
These new tariffs start immediately after a previous set of tariffs ends.
There are high tensions in Madison, Wisconsin, because of a police shooting involving a man with a knife.
The man who killed Minnesota House Speaker Melissa Hortman received a life prison sentence.
The article covers separate, important news events happening in the U.S.
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House Republican leaders urge Senate Republicans to quickly consider a $95 billion reconciliation package before November, despite Senate Majority Leader John Thune’s plan to delay action until after government funding issues are resolved. The package includes funding for the Iran war, farm aid, and parts of the SAVE America Act, which only requires a simple majority to pass in the Senate.
Key Facts
House GOP leaders want the Senate to act fast on a $95 billion reconciliation bill.
Senate Majority Leader John Thune prefers to wait until government funding is settled before considering the budget plan.
The reconciliation bill includes money for the war in Iran, support for farmers, and elements of the SAVE America Act.
The SAVE America Act is favored by House conservatives and could pass without a filibuster due to the simple majority rule.
House Majority Leader Steve Scalise said the White House is expected to increase pressure on the Senate.
White House Press Secretary Karoline Leavitt said President Trump’s patience with Thune is running out.
Thune says he does not have enough votes to pass the SAVE America Act.
Some House conservatives accuse Thune of not seriously working on advancing the SAVE America Act.
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Jaime Harrison, the former chair of the Democratic National Committee, spoke in favor of keeping South Carolina as the first primary state in the 2028 Democratic presidential primary calendar. There is a debate within the Democratic Party about whether South Carolina or Nevada should hold the first primary in 2028.
Key Facts
Jaime Harrison is the former chair of the Democratic National Committee (DNC).
He supports South Carolina remaining the first primary state in 2028.
Some members of the Democratic Party want Nevada to be the first primary instead.
The order of primary states is important because it can influence the presidential nomination process.
The debate about the 2028 primary calendar shows differences within the Democratic Party.
Primary elections happen before the main election and help choose each party’s candidate for president.
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The Senate is preparing to vote next week on a sanctions bill targeting Russia, which now also includes sanctions on Iran at President Donald Trump’s request. The bill has bipartisan support and honors the late Senator Lindsey Graham, who worked on it before his death.
Key Facts
Democrats and Republicans plan to vote soon on a Russia sanctions package in the Senate.
President Trump asked that Iran be added to the sanctions bill, and this has been included.
The bill has more than 60 cosponsors from both parties.
Senators reduced some tariffs in the bill from 500% to 100% and limited the number of countries Trump can sanction.
Senator Lindsey Graham worked hard on the bill before he passed away on July 11.
Senate leaders John Thune (Republican) and Chuck Schumer (Democrat) are cooperating on this bill.
Some Democrats worry the bill gives President Trump too much power to impose tariffs.
The Senate is also working on avoiding a government shutdown and other legislation like the crypto bill.
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A US health advisory panel narrowly voted to recommend loosening restrictions on some peptides, chemicals used by wellness influencers, despite warnings that these peptides have not been proven safe or effective. The panel’s advice could lead the Food and Drug Administration (FDA) to allow pharmacies to prepare and sell these peptides more widely.
Key Facts
The panel voted 8-6, with one abstention, to advise the FDA to ease limits on peptides like BPC-157, TB-500, and KPV.
These peptides are injectable substances popular on social media for supposed wellness and cosmetic benefits.
FDA scientists warned there is little evidence these peptides are safe or work well for medical use.
The panel included new members who have ties to the peptide industry, such as doctors and pharmacists.
The FDA does not have to follow the panel’s advice but often does.
Health Secretary Robert F. Kennedy Jr. supports easing peptide restrictions and wants to reverse rules set during the previous administration.
Some medical experts call the peptide market a “wild west” because many products are unregulated and unproven, posing possible health risks.
Peptides are parts of proteins that play roles in body functions, and some are approved medicines, but many sold online lack scientific support.
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President Donald Trump claimed that China interfered in U.S. elections but seemed hesitant to confront China about it directly. Meanwhile, Democrats have expressed worries about the president's attention on election interference and his possible actions before the midterm elections.
Key Facts
President Trump accused China of interfering in U.S. elections.
Trump was asked if he would address this issue directly with China.
He appeared reluctant to pressure China on this matter.
Democrats are concerned about the president’s focus on election interference.
They worry about what Trump and his supporters might do before the midterm elections.
The issue is part of broader debates about foreign interference in U.S. elections.
The report was provided by Liz Landers, a journalist covering the topic.
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The White House Correspondents' Dinner has been rescheduled for Friday with stronger security and fewer guests. The event was originally stopped in April after a man tried to enter with a gun and opened fire near the security checkpoint.
Key Facts
The White House Correspondents' Dinner was postponed after a gunman opened fire at the security checkpoint in April.
The Secret Service is increasing security measures for the rescheduled event.
The new date for the dinner is this Friday.
Fewer guests will be allowed to attend the event this time.
The White House Correspondents' Association, led by CBS News correspondent Weijia Jiang, is involved in organizing the dinner.
The dinner is a traditional gathering for journalists who cover the White House.
The extra security is a response to the previous shooting incident to ensure safety.
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Indian activist Sonam Wangchuk stopped a 26-day hunger strike after talks with government ministers about leaked medical exam papers. However, student protests demanding the resignation of Education Minister Dharmendra Pradhan and broader reforms are continuing in several Indian cities.
Key Facts
Sonam Wangchuk ended his hunger strike on July 24, 2026, after discussions with government officials.
The hunger strike was in response to leaked medical school entrance exam papers affecting around 2 million students.
The leaked exam papers are linked to several student suicides.
Student-led protests are being organized by the Cockroach Janta Party (CJP), demanding the resignation of Education Minister Dharmendra Pradhan.
Protests have spread to multiple cities including Delhi, Ranchi, Pune, Thiruvananthapuram, and Kolkata.
Authorities shut down 16 metro stations in central Delhi and restricted mobile internet to manage protests.
Opposition parties have supported the youth protests and disrupted the Indian parliament session.
Prime Minister Narendra Modi encouraged Wangchuk to regain his health and urged protesters to join talks with the government.
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The GOP chair of the House Judiciary Committee has filed a criminal referral against Jack Smith, the special counsel who investigated President Donald Trump’s actions following the 2020 election. This means that Jack Smith could now face a criminal investigation by the Justice Department.
Key Facts
Jack Smith is a special counsel who worked on prosecuting President Trump for actions after the 2020 election.
The GOP House Judiciary chair has issued a criminal referral against Jack Smith.
A criminal referral is a request to the Justice Department to investigate or take legal action.
This referral could lead to Jack Smith becoming a target of a Justice Department investigation.
The news was reported by CBS News and their homeland security correspondent, Nicole Sganga.
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President Donald Trump signed a nuclear agreement with Saudi Arabia that depends on Saudi Arabia starting official diplomatic relations with Israel. Saudi Arabia has so far refused to establish these diplomatic ties.
Key Facts
The U.S. and Saudi Arabia signed a nuclear agreement.
President Trump said the agreement requires Saudi Arabia to have diplomatic relations with Israel.
Saudi Arabia has not agreed to establish diplomatic relations with Israel.
The deal was discussed on CBS News by foreign affairs experts.
The agreement is related to nuclear cooperation, which means sharing nuclear technology and resources.
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The UK government said it is prepared to protect itself after Iran warned that bases used by the US could be attacked. Iran’s military accused the UK of supporting US operations and threatened its bases, while President Donald Trump considered a large strike against Iran amid ongoing tensions.
Key Facts
The UK allows the US to launch defensive operations from British bases but does not support offensive attacks.
Iran’s Islamic Revolutionary Guard Corps (IRGC) said any base used against Iran is a legitimate target.
The IRGC claimed US bombing missions came from RAF Fairford in England.
The UK government stated its armed forces are ready to defend the country using advanced air and missile defenses.
Iran has fired missiles at UK bases, including Diego Garcia and Akrotiri, with some attacks being intercepted or partially failing.
Iran has targeted US bases in the Gulf, killing some US service members.
President Donald Trump said Iran would “pay a big price” and is considering a large military strike.
Yemen’s Iran-backed Houthi rebels attacked two Saudi oil tankers amid rising tensions and high oil prices.
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The FDA held a meeting to discuss allowing wider use of seven popular peptides that are currently banned. These peptides have gained attention and support from wellness influencers and some public figures, including Health Secretary Robert F. Kennedy Jr.
Key Facts
The FDA advisory committee is meeting for two days to review the ban on seven peptides.
Peptides are substances some people use for health and wellness purposes.
There is growing popularity of these peptides, especially promoted by wellness influencers online.
Health Secretary Robert F. Kennedy Jr. supports expanding access to these peptides.
Dr. Dhruv Khullar wrote an article explaining why people are injecting themselves with peptides.
The committee will consider scientific and safety information before making recommendations.
The FDA has not yet decided whether to lift the ban or change access rules.
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President Donald Trump told Axios on Thursday that he is thinking about launching a large military attack on Iran, describing it as possibly "bigger than ever before." This suggests a potential major increase in conflict between the U.S. and Iran.
Key Facts
President Trump said he is considering a "massive attack" on Iran.
He described the potential attack as larger than anything before.
The statement was made during an interview with Axios.
This could signal an escalation in U.S.-Iran tensions.
The news report was shared by CBS News with input from their White House correspondent Nancy Cordes.
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Tesla’s stock dropped about 13.5% after the company reported weaker profits than expected in its second-quarter earnings. The company’s large spending on new projects like driverless Robotaxis and humanoid robots concerned investors, leading to the biggest single-day stock loss Tesla has seen in years.
Key Facts
Tesla’s stock fell roughly 13.5% on one day, one of its largest drops ever.
The company’s market value has declined about 27% this year due to high spending and lower profits.
Tesla earned 31 cents per share in Q2, below the 51 cents per share analysts expected.
Tesla’s revenue was higher than expected, but investors focused on profit and spending concerns.
Elon Musk’s new projects, Robotaxi driverless cars and Optimus robots, have been delayed and face challenges.
Tesla spent $5.8 billion in Q2, causing negative free cash flow of $1.1 billion for the first time in over two years.
The company’s stock decline made it the worst performer among the “Magnificent Seven” tech giants.
Overall tech stocks fell, with the Nasdaq down more than 2% and major companies like Alphabet also losing value.
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The Supreme Court allowed the Trump administration to end Temporary Protected Status (TPS) for Syrian and Haitian migrants. This decision creates uncertainty for many migrants and raises concerns about staff shortages in elder care.
Key Facts
The Supreme Court approved ending TPS for Syrian and Haitian nationals.
TPS is a special protection that allows some migrants to stay and work in the U.S. temporarily.
Many elder care workers have TPS status.
Ending TPS may reduce the number of available workers in senior care.
The senior care industry already faces staffing challenges.
Leaders in elder care are worried this decision will make staffing problems worse.
Geoff Bennett and Katie Smith Sloan from LeadingAge discussed the issue publicly.
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About 20,000 people were evacuated from towns and resorts near the French Atlantic coast due to a large wildfire spreading near Lège-Cap Ferret. Hundreds of firefighters, including water bombers, are working to control the fire, which has burned over 31 square kilometers but has not caused injuries. Wildfires are also affecting other parts of Europe, including Italy and Spain, amid very hot and dry weather conditions.
Key Facts
The wildfire near Lège-Cap Ferret in southwest France covers more than 31 square kilometers (12 square miles).
Around 20,000 people, including tourists and residents, were evacuated from several areas as the fire got close to homes.
About 700 firefighters, including teams from Paris, have been deployed to fight the fire with water bombers.
The fire remains not fully controlled but contained to the north of Lège.
Southern Europe has experienced many wildfires this summer due to high heat, dry weather, and climate change increasing fire risks.
Over 12,500 wildfires have occurred in France this year, burning almost 44,000 hectares.
In Italy, a firefighter died while battling fires in Sicily, and Spain is also fighting major blazes amid a heat wave.
Some wildfires in Spain have led to evacuations, destruction of homes, and temporary disruption of train services.
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A Democratic congressman criticized a betting market that allows people to wager on how many immigrants the Trump administration will deport in 2025. The market shows a high chance of mass deportations, while the Department of Homeland Security expressed confidence in high deportation numbers. The congressman called the betting market unethical and asked for it to be shut down.
Key Facts
The Trump administration promised to deport up to 1 million immigrants in the first year of its 2025 term.
Kalshi, a prediction market, allows users to bet on how many people will be deported.
The market shows a 96 percent chance that more than 400,000 people will be deported.
Massachusetts Representative Seth Moulton called the market "disgusting" and wants it closed.
Moulton has a history of supporting protections for immigrants and is critical of Trump-era immigration policies.
The Department of Homeland Security told Newsweek to "Hammer the over," signaling it expects high deportation numbers.
Kalshi is regulated by the Commodity Futures Trading Commission (CFTC) and claims it is legal under federal commodities law.
Some lawmakers want more regulation on prediction markets around sensitive topics like government actions and immigration.
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Belarus is deeply involved in the conflict between Russia and Ukraine due to its location and its leader, President Alexander Lukashenko, who is closely connected to Russia’s President Vladimir Putin. Opposition leader Sviatlana Tsikhanouskaya spoke about the difficult situation in Belarus and the people’s desire for democracy.
Key Facts
Belarus shares a border with Ukraine and Russia.
President Alexander Lukashenko has strong ties to Russian President Vladimir Putin.
Belarus has a population of around 9 million people.
The country is led by a government described as dictatorial.
The conflict in Ukraine greatly affects Belarus politically and socially.
Opposition leader Sviatlana Tsikhanouskaya is active in speaking out about Belarus’s political issues.
Many Belarusians hope for a more democratic government.
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Indonesian cultural artifacts from Papua that were taken illegally to the United States have been returned. The handover happened during a meeting between Indonesian President Prabowo Subianto and FBI Director Kash Patel in Jakarta.
Key Facts
The artifacts come from Indonesia’s Papua region.
They were taken without permission and brought to the U.S.
Indonesian officials confirmed the return of the artifacts.
The handover took place at President Prabowo Subianto’s home in Jakarta.
FBI Director Kash Patel attended the meeting where the artifacts were returned.
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