FOX NEWS – Politics | Politics & Government

EXCLUSIVE — President Donald Trump's "Liberation Day" tariffs promise is facing challenges from a new analysis that argues the sweeping trade policy failed to revive manufacturing and instead slowed job creation in the U.S.The report, obtained first by Fox News Digital, lands months after Trump's signature economic policies was handed a blow when the Supreme Court struck down sweeping tariffs, and businesses are now seeking billions of dollars in tariff refunds.Trump's April 2025 global tariff rollout marked the largest U.S. tariff hike in decades, delivering on a signature economic promise that higher duties would spark a manufacturing renaissance, bring factory jobs back to the United States and reduce Americans' reliance on foreign goods.Researchers at the Advancing American Freedom Foundation argue those goals never materialized, and estimate in their report that the tariffs resulted in up to 1 million fewer jobs nationwide than would have been expected under pre-tariff trends.TRUMP SAYS US WOULD BE 'DESTROYED' WITHOUT TARIFF REVENUEManufacturing — the industry the tariffs were intended to help — fared particularly poorly, according to the damning report. Researchers estimate the sector lost roughly 75,000 positions during the policy's first year, or about 6,250 jobs per month."We can say with an over 90% confidence level that manufacturing lost jobs because of the tariffs," Richard Stern, vice president of the Plymouth Institute for Free Enterprise at Advancing American Freedom, told Fox News Digital.Stern argued the tariffs backfired because many American manufacturers rely on imported components and equipment."Most of the Americans that are importing are American businesses, especially American manufacturers and producers," he said. "So the tariffs really ended up being a tax on high-end American manufacturing."'WE WERE RIGHT': HE TOOK TRUMP'S TARIFFS TO THE SUPREME COURT AND WONIf nothing else, the tariffs proved to be a windfall for Washington.Duties climbed from $9.6 billion in March 2025 to $23.9 billion by May, according to Treasury data. By the end of the 2025 fiscal year, tariff collections reached $215.2 billion, roughly triple pre-tariff levels.In January alone, duties totaled $30.4 billion, up about 242% from $8.9 billion a year earlier. Tariff revenue for the current fiscal year has already reached roughly $230 billion, more than four times the amount collected during the same period last year.ONE YEAR LATER, TRUMP TARIFFS GENERATED BILLIONS AS REFUNDS TAKE SHAPEFLOURISH CHART SHOWING TARIFF REVENUE: 29325373But the report from AAFF, which was founded by former Vice President Mike Pence in 2021, contends… [TheTopNews] Read More.

President Donald Trump traveled to France for the G7 summit after announcing a deal with Iran, setting up high-stakes meetings Monday with world leaders over the Middle East, trade, Ukraine and artificial intelligence.Trump jetted off to Évian-les-Bains following the UFC Freedom Fight that took place on the South Lawn at the White House Sunday.President Trump will be joined by Secretary of State Marco Rubio and a U.S. delegation as leaders from France, the United Kingdom, Canada, Germany, Italy, Japan and the European Union gather from Monday through Wednesday as part of the annual meeting. Discussions are expected to focus on trade, artificial intelligence, supply chain resilience, critical minerals, and illegal immigration."President Trump has effectively restored America's standing on the world stage and strengthened relationships abroad and the president looks forward to a productive G7 summit on shared issues of importance next week," said a senior administration officials during a call with reporters Saturday.RUBIO MEETS G7 MINISTERS IN FRANCE AS US LEADS ON IRAN — ALLIES UNDER FIRE FOR TEPID RESPONSETrump's trip to Europe follows his announcement on Sunday that the U.S. and Iran had finalized a memorandum of understanding (MOU) to end the war following months of negotiations."The Deal with the Islamic Republic of Iran is now complete. Congratulations to all! I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow," Trump wrote on Truth Social.European leaders backed the announcement, including the leaders of France, Germany, Italy and the United Kingdom saying in a joint statement on Sunday: "We are prepared to lift relevant sanctions in response to clear, verifiable steps by Iran on its nuclear program."Last year's G7 was held in Alberta, Canada, with President Trump leaving the talks sooner than expected as the Israel-Iran conflict intensified. The summit did not produce any major trade breakthroughs.Trump, this year, is expected to join bilateral meetings with French President Emmanuel Macron, Emir of the State of Qatar Sheikh Tamim bin Hamad Al Thani, Prime Minister of India Narendra Modi, United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan and Egyptian president Abdel Fattah el-Sisi, a senior administration officials told reporters.Although Ukraine is expected to feature prominently in discussions, Trump has no formal meeting scheduled with Ukrainian President Volodymyr Zelenskyy, but will join him in… [TheTopNews] Read More.

President Donald Trump announced Sunday that the United States and Iran have officially reached a peace agreement, marking a major diplomatic breakthrough that would reopen the Strait of Hormuz and end the U.S. naval blockade of Iranian ports."The Deal with the Islamic Republic of Iran is now complete," Trump wrote in a post on Truth Social."Congratulations to all! I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow!"Pakistani Prime Minister Shehbaz Sharif, whose country has served as a mediator, was the first to announce the peace deal, saying a signing ceremony is scheduled to take place Friday in Switzerland.TRUMP SAYS HE'S CANCELED IRAN STRIKES, ADDS POTENTIAL DEAL-SIGNING 'TO BE ANNOUNCED SHORTLY'Trump added that the Strait of Hormuz will reopen once the parties formally sign the agreement."With the opening of the Strait upon the signing of the Deal on Friday, for purposes of mine removal, oil will flow on both ends again for the Region, and the World!" he said.IRAN REVEALS 10-POINT PLAN FOR PEACE WITH THE US – HERE'S WHAT'S IN ITAccording to Sharif, the deal includes the termination of military operations across the region, including in Lebanon, where Iran-backed terrorist proxy Hezbollah has been engaged in conflict with Israel."Both sides have declared the immediate and permanent termination of military operations on all fronts, including in Lebanon," he said.Additional details of the agreement, including any provisions related to Iran's nuclear program, were not immediately released.Iran's deputy foreign minister said talks with the United States on a final and more comprehensive agreement will take place during a 60-day ceasefire period, according to Reuters.The outlet reported that the future of Iran's nuclear program will be addressed in upcoming negotiations. Trump has long maintained that Iran cannot be in possession of a nuclear weapon and has repeatedly vowed to prevent Tehran from developing, acquiring or obtaining one.Trump further praised his administration for securing the agreement."This Great Deal will bring Peace and Security to the whole Region," he said. "Many presidents have tried to make Peace with Iran, and all have failed before me. The Leaders of the Region have, for the first time, found a President who can help them achieve real Peace."Sharif also thanked the United States and Iran for their "commitment to finding a… [TheTopNews] Read More.

There were two 1s. Three 3s. Three 4s. One 04. Three 6s. Two 06s. Two 7s. Two 07s. 2 9s. And three 12s. No. I wasn’t trying to decipher computer programming code. This wasn’t a routing number for a checking account.Nor was I communicating in hexadecimals.I was staring at these numbers to unravel the GOP’s uniform numbers for the annual Congressional baseball game at Nats Park.REPUBLICANS DESTROY DEMOCRATS IN CONGRESSIONAL BASEBALL GAME AGAIN, WINNING FOR 5TH STRAIGHT YEARCongressional Republicans and Democrats play each other in the event. It’s a custom dating back to 1909. No other athletic team in any sport on the planet allows players on the same team to wear the same numbers. But since this is Congress, lawmakers get to choose whatever uniform number they want. On the Republican team, House Majority Leader Steve Scalise (R-LA) and Rep. Brad Finstad (R-MN) both wear number one. Reps. Chuck Flesichmann (R-TN), Greg Murphy (R-NC) and Marlin Stutzman (R-IN) don number three.You get the idea. Old-time ballpark vendors used to hawk their wares by shouting, "You can’t tell the players without a scorecard." With all of these numbers, a scorecard won’t do. You need an abacus.The Democrats aren’t much better with their uniform algebra. Four Democrats utilized the same uniform digits. There were two 3s. Two 11s. Two 15s. And two 25s. For instance, Reps. Morgan McGarvey, D-Ky., and Tom Suozzi, D-N.Y., sported number three. Sen. Ruben Gallego, D-Ariz., and Frank Mrvan, D-Ind., requested number 11. The game is a charity event, raising more than $3.2 million and coaxing 32,000 fans to the ballpark. So who wears what number really shouldn’t matter much.SCHMITT GOES IN-DEPTH ON DIVING CATCH & CHANGES TO COLLEGE ATHLETICS ON ‘RUTHLESS’Unless you’re broadcasting the game on national television.That’s where I come in. I’ve had the privilege of announcing the game for Fox Sports for five years now, live on FS1. I handle the color commentary. My Fox News colleague and former ESPN hand Kevin Corke does play-by-play. Fox Sports sends the same production crew which handles playoff games and the World Series to cover this. Led by Fox producer extraordinaire Aaron Stojkov, the same group of folks just worked Fox’s national broadcast of the Cardinals/Cubs game a few weeks ago in St. Louis. They handled the Phillies/Brewers game in Milwaukee Saturday night.Congress is my thing. But baseball even more so. I was at Riverfront Stadium in Cincinnati in 1985 the night Pete Rose broke… [TheTopNews] Read More.

Sen. Mitch McConnell, R-Ky., was hospitalized for an undisclosed health issue, according to his office."Sen. McConnell was admitted to the hospital this morning," McConnell's Communications Director David Popp told Fox News. "He is receiving excellent care."McConnell, the longest-serving Senate party leader in U.S. history, was previously hospitalized for eight days earlier this year after experiencing "flu-like symptoms."SEN. MCCONNELL REPORTEDLY FINE AFTER FALLING DURING GOP LUNCHThe 84-year-old senator announced last February that he would not seek reelection and would retire when his current term ends in January 2027.McConnell has dealt with a series of health episodes in recent years, including injuries from falls and multiple instances in which he briefly froze while speaking publicly.Only Sen. Chuck Grassley, R-Iowa, at 92 and Sen. Bernie Sanders, I-Vt., at 84, are older than McConnell in Congress.This is a breaking news report. Check back for more updates. [TheTopNews] Read More.