President Donald Trump on Friday morning said he would exempt from tariffs 300,000 metric tons of imported ground beef, the administration's latest bid to lower prices ahead of midterm elections in which voters appear set to punish the GOP for the rising cost of living. "This deal will reduce prices for Americans while giving space for our Great American Beef Herd to grow again," he wrote on Truth Social. The administration had secured a commitment, he said, "that this beef will be sold at 25 percent below current market prices."
The Panama Canal is expected to limit traffic starting in early September, as it prepares for lower water levels due to the El Nino weather phenomenon. On Thursday, the Panama Canal Authority, the body that oversees the waterway, announced that daily transit caps would be set to address concerns about the drier weather conditions ahead. read more
The US Navy is working to rename an aircraft carrier under construction that was set to honor a Black sailor hailed for his heroic actions during the attack on Pearl Harbor, three sources familiar with internal discussions told CNN. During President Donald Trump's first term, the Navy announced that the Ford-class carrier would be called the USS Doris Miller, recognizing an enlisted sailor who helped defend US forces from Japan's attack. read more
The United States Army is temporarily halting all Apache helicopter training flights after a crash this week near Fort Hood, Texas, killed two soldiers.
Americans pulled back on their retail spending in July and their confidence in the economy is taking a hit. read more
reported that it remains unclear what the Navy intends to call it.
USS Racist Bigot would be appropriate.