U.S. President Donald Trump hiked nearly all of his tariffs on steel and aluminum imports to a punishing 50% on Wednesday in a move that's set to hammer businesses from automakers to home builders, and likely push up prices for consumers even further.
Foreign-made steel and aluminum is used in household products like soup cans and paper clips, as well as big-ticket items like a stainless-steel refrigerators and cars. Economists warn that such heightened levies could significantly squeeze the wallets of both companies and shoppers alike. But Trump argues that his latest import taxes are necessary to protect U.S. industries.
The 50% tariffs went into effect just after the clock struck midnight on Wednesday. The two metals had previously faced 25% tariffs worldwide since mid-March, when Trump’s order to remove steel exemptions and raise aluminum’s levy from his previously-imposed 2018 import taxes went into effect.
Steel and aluminum from the U.K. is the exception. British imports of these metals are still levied at 25%, per a proclamation issued by Trump on Tuesday afternoon, which pointed to a recent trade deal reached between the two countries.
Former White House press secretary Karine Jean-Pierre has a book out this fall that promises a close look at President Biden's decision not to run for reelection and calls for thinking beyond the two-party system.
Jean-Pierre herself has switched her affiliation to independent after working in two Democratic administrations, according to Legacy Lit, a Hachette Book Group imprint that will publish “Independent: A Look Inside a Broken White House, Outside the Party Lines” on Oct. 21.
“Until January 20, I was responsible for speaking on behalf of the President of the United States," Jean-Pierre, the first Black woman and openly gay person to hold the position of White House press secretary, said in a statement released Wednesday.
“At noon on that day, I became a private citizen who, like all Americans and many of our allies around the world, had to contend with what was to come next for our country. I determined that the danger we face as a country requires freeing ourselves of boxes. We need to be willing to exercise the ability to think creatively and plan strategically.”
Jean-Pierre, 50, succeeded Jen Psaki as press secretary in 2022 after previously serving as deputy press secretary and also working as a senior adviser during Biden's victorious 2020 campaign. During President Barack Obama's first term, she was a regional political director.
Jean-Pierre was criticized at times for being evasive about Biden's physical condition. Wednesday's announcement from Legacy Lit says that she will take readers “through the three weeks that led to Biden’s abandoning his bid for a second term and the betrayal by the Democratic Party that led to his decision.”
“She presents clear arguments and provocative evidence as an insider about the importance of dismantling the torrent of disinformation and misinformation that has been rampant in recent elections and provides passionate insight for moving forward,” the announcement said.
President Donald Trump on Wednesday redoubled his calls for Federal Reserve Chair Jerome Powell to lower interest rates, noting that payroll processing firm ADP reported that job creation slowed in May.
"ADP number out. 'Too Late' Powell must now lower the rate. He is unbelievable. Europe has lowered nine times," Trump said in a Truth Social post.
ADP reported on Wednesday that U.S. private payrolls increased far less than expected in May, increasing by only 37,000 jobs last month after a 60,000 rise in April that was revised downward. Economists polled by Reuters had forecast private employment increasing 110,000 following a previously reported gain of 62,000 in April.
Wednesday's ADP data came ahead of a more comprehensive employment report that will be released on Friday by the Labor Department's Bureau of Labor Statistics.
Trump, a Republican, has hammered Powell for months in often personal attacks, with his calls for the Fed chair's resignation weighing on U.S. stocks and financial markets.
Trump's repeated attacks have raised questions about the continued independence of the U.S. central bank under the Trump administration, although the U.S. president last month said he would not remove the Fed chair before his term ends in May 2026.
Heavy rains caused flash flooding in the Wichita area of south-central Kansas, forcing firefighters to rescue dozens of people, including stranded motorists.
Sedgwick County's emergency management director, Julie Stimson, said at a briefing Tuesday night that the county had received anywhere from 1 1/2 inches to 7 inches (4 centimeters to 18 centimeters) of rain since Monday. She warned motorists who run into flooded areas not to drive around barricades or emergency vehicles, and to turn around instead.
Kansas Gov. Laura Kelly issued a disaster emergency declaration to enable state agencies to provide assistance.
The Wichita Fire Department used boats to rescue several motorists trapped in their cars. While the water sometimes reached windshield height, some people still attempted to drive through it.
“We have to put ourselves in danger with our life jackets and our boats to get them into a life jacket and into a boat to get them out of the water,” Fire Capt. Lance Diffenbaugh told KSN-TV. “So there’s no sense in it if they can just turn around and wait 10 minutes for the water to go down.”
A few roads remained closed Wednesday morning, according to the county's interactive map.
About 30 miles (48 kilometers) east, the torrential rainfall caused the Walnut River to overflow, flooding several streets in Dorado and sending people scrambling for safety.
“By the time we got most of the stuff out of there and were going to get the last few things, it was already up to our waist, and we were pretty much swimming to get out,” resident Michelle Yerge told KAKE-TV.
Severe storms also slammed the Kansas City area on Tuesday, with high winds toppling a tractor-trailer on Interstate 435, overturning portable toilets and barriers at the stadium where the Kansas City Chiefs and Royals play, and downing trees. The National Weather Service warned of a tornado and urged people to take cover as rain battered the area. No major damage was reported.
Severe weather on Tuesday also disrupted the Indiana Pacers' travel plans to the NBA Finals in Oklahoma City, where heavy rain and wind interrupted airport arrivals and departures. The team’s charter was first diverted to Tulsa, Oklahoma. The plane then took a scenic route around another band of weather before finally landing in Oklahoma City about 3 1/2 hours behind schedule.
Wednesday's forecast for Kansas called for dry conditions, but more storms were forecast for Thursday. Officials warned that the soil in the area is saturated and even an inch or two of rainfall could lead to localized flooding.
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