bigjoe1

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At least 20 senior Iranian commanders including the head of the revolutionary guards, Aerospace Force Commander Amir Ali Hajizadeh, were killed in Israel's strikes on Iran on Friday, two regional sources told Reuters.

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Those m-f'ers must be the slowest missiles ever made!

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We Democrats would probably have lost that election, no matter who our candidate was going to be," said Brown, a Democrat and longtime power broker in California who was mayor of San Francisco from 1996 to 2004. "Donald Trump was just too smart, too clever.


"And he's playing that same game again. And believe me, it's causing us to look awfully bad under these circumstances."

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Senate Majority Leader John Thune, R-S.D., told reporters Wednesday he will force senators to remain in Washington over the Fourth of July recess to pass the One Big Beautiful Bill.

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Commerce Secretary Howard Lutnick said Wednesday that U.S. tariff levels on Chinese imports will not change from their current levels, even as a trade deal between Washington and Beijing has yet to be finalized.

Asked on CNBC’s “Money Movers” if the current U.S. tariffs on China are not going to change again, Lutnick replied, “You can definitely say that.”

President Donald Trump said in a Truth Social post Wednesday morning that U.S. duties on China will total 55% — but a White House official told CNBC soon after that that figure is not new.

Rather, it comprises the existing 30% blanket U.S. tariffs on China, plus the 25% tariffs on specific products that also were already in place, the official said.

Trump sent his all-caps post hours after Lutnick and other trade negotiators for the two economic superpowers concluded high-level talks in London.

The president said the deal is “done,” but added that it is still “subject to final approval” between himself and Chinese President Xi Jinping.

Trump said China’s tariffs on the U.S. will stay at 10%, where they have stood since both sides agreed last month to temporarily pare back retaliatory duties on each others’ goods.

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U.S. President Donald Trump Wednesday said that China will supply rare earths upfront to the U.S. as part of a trade agreement.

The relationship between the world’s two largest economies is “excellent,” Trump said in a post on Truth Social, while adding, “WE ARE GETTING A TOTAL OF 55% TARIFFS, CHINA IS GETTING 10%.”

He added that full magnets and “any necessary rare earths” will be supplied up front by China and that the U.S. will in turn make certain concessions such as allowing Chinese students to attend U.S. colleges and universities.

The agreement is subject to final approval with himself and China President Xi Jinping, the White House leader said.

Representatives from both sides had on Tuesday revealed that a deal had been reached on trade after a second day of high-level talks in London.

“We have reached a framework to implement the Geneva consensus and the call between the two presidents,” U.S. Commerce Secretary Howard Lutnick told reporters.

Tensions escalated after China imposed export restrictions on several rare earth elements and magnets used by the automotive and defense sectors.

China is the undisputed leader of the critical minerals supply chain, producing roughly 60% of the world’s supply of rare earths and processing almost 90%, which means it is importing these materials from other countries and processing them.

U.S. officials have previously warned that this dominance poses a strategic challenge amid the pivot to more sustainable energy sources.

Oil prices popped on the news. International benchmark Brent crude futures with August delivery rose $1 a barrel to $67.87 shortly after Trump’s social media post.

The contract was last seen up around 1.5% for the session.U.S. West Texas Intermediate futures with July delivery, meanwhile, stood 1.8% higher at $66.14.

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