Situational awareness: Scott Pruitt is out as head of the EPA. President Trump tweeted this afternoon that he'd accepted his resignation and the agency's deputy will take over. Axios' Amy Harder on what will and won't change at the EPA now.
President Trump and son Don Jr. Photo: Mark Wilson/Getty Images
Just after midnight tonight the Trump administration is set to impose tariffs on $34 billion of Chinese goods, escalating a global trade war that has pitted the U.S. against trading partners around the world.
What's next: Already, several U.S. sectors are freaking out — soybean farmers losing business in China, aluminum metal companies hit inadvertently by tariffs, and GM, worried about soaring supply costs. Manufacturers fear the tariff war will prematurely cut short a renaissance triggered by low natural gas prices and tax cuts, reports Ed Crooks at the FT.
Be smart from Axios Future Editor Steve LeVine: Thus far, Trump has been pushing trading partners hard on the presumption that the U.S. holds the strongest hand and that the rest of the world will ultimately back down. Even if he ends up being right, the question is how long "ultimately" will be.
The Independence Day celebration on the South Lawn of the White House. Photo: Brendan Smialowski/AFP/Getty Images
The Trump Baby. Photo: Andrew Aitchison/In pictures via Getty Images
A group of self-described "art activists" have been granted permission by London's government to fly an almost 20-foot tall blimp called "Trump Baby" during President Trump's visit to the city later this month, Sky News reports.