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Plus: Houthis attack a ship in the Red Sea for the first time since President Trump announced a Truce. CoreWeave is set to acquire Core Scientific in a $9 billion deal.
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Nations the world over have until Wednesday to strike trade agreements with the U.S., or face the return of astronomically high tariffs that were announced — and later paused — in April. But the White House has signaled some wiggle room, saying tariffs might not actually come back until August 1, should countries not make a deal. Plus, in the final installment of our "Buy Now, Pay Later" series, we look into why more people 65 and older are finding themselves in bankruptcy court.
Erin Patterson, the Australian woman who poisoned her estranged husband's family using toxic mushrooms. Our correspondent was in court for the verdict.
Also on the programme: Benjamin Netanyahu is in the US to meet with Donald Trump. Are we getting closer to a ceasefire in Gaza? And 20 years on, we hear from a survivor of the 7/7 attacks in London.
(Picture: Erin Patterson on her way to court in April. Credit: Reuters / Ross)
Australian Erin Patterson guilty of murdering three relatives with a beef wellington laced with death cap mushrooms. Also: 20 years since the London 7/7 bombings, and the latest on rescue efforts after Texas floods.
Plus: Oracle gives the U.S. government a discount on cloud services and software. LG Electronics expects its operating profit to halve amid higher tariffs. Ariana Aspuru hosts.
Programming note: Starting this week, Tech News Briefing episodes will be released on Tuesdays and Fridays, and the TNB Tech Minute will be released twice on weekdays, in the morning and afternoon.
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We're back after a patriotic Fourth of July to talk about the anti-patriotic Democratic nominee for mayor of New York City and whether there are ways in which he can be made to lose the November election. Is the best way the one least talked about? We also discuss the horrible Texas disaster, the One Big Beautiful Bill, Elon Musk's new party, and the Bibi visit. Give a listen.
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Two people have reportedly died of gunshot wounds after police opened fire during protests in Kenya. It's the latest in a wave of anti-government rallies that began last year. The demonstrations mark the 35th anniversary of the historic Saba Saba protests that launched Kenya's push for multiparty democracy. Security forces blocked all major roads into central Nairobi ahead of the protests. We'll hear analysis.
Also, we are in Morocco as the Women's Africa Cup of Nations (Wafcon) gets underway. How has the host country fared so far?
And a conversation with musical icon Angélique Kidjo about her Hollywood Walk of Fame recognition!
Presenter: Richard Kagoe Producers: Nyasha Michelle, Tom Kavanagh and Yvette Twagiramariya Technical Producer: Frank McWeeny Senior Journalist: Karnie Sharp Editors: Andre Lombard and Karnie Sharp
Although President Trump has claimed that tariffs will ultimately raise our standard of living, they really are taxes on consumers. Furthermore, tariffs also deny consumers the choices they want to make.
Original article: https://mises.org/mises-wire/tariffs-destroy-consumer-choice
Death toll rises from Texas floods as searchers continue to look for the missing. Looming tariff deadline. Israel's leader at the White House. CBS News Correspondent Steve Kathan has today's World News Roundup.
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Wednesday marks the deadline for countries around the world to strike new trade deals with the U.S. The steep reciprocal tariffs President Trump announced, and then delayed, back in April could come roaring back. Or maybe not. Mixed messages from President Trump and his advisors have left the outcome uncertain. But as the Wednesday deadline approaches, there are a number of new developments. Also on the show: consumer inflation expectations and knockoff clothing designs.