Supporters of the border adjustment tax were thrilled to see Donald Trump's late night tweet on Friday:

Countries charge U.S. companies taxes or tariffs while the U.S. charges them nothing or little.We should charge them SAME as they charge us!

Between the lines: Paul Ryan knows he needs the President's enthusiastic backing to push this $1.2 trillion revenue proposal through Congress. Backers of border adjustability — a well-funded coalition that includes Boeing and GE — saw Trump's Friday tweet as a step in the right direction.

Trump's chief strategist Steve Bannon already favors the plan to hike import taxes and lower export taxes, but the President has been uncertain. He didn't like the complicated branding of the "tax." As we revealed, however, in several pieces, Ryan has been working behind the scenes to explain the proposal in nationalist (read: Trumpian) terms.

What's next: Trump is hardly a sure thing here. He's still blending the language of "tariffs" and "taxes." This unsettles Republicans. They'll need him to fully embrace the border adjustment proposal — and quit talking about targeted tariffs — to have any hope of persuading a skeptical Senate.

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Updated 25 mins ago - Politics & Policy

Ohio Gov. Mike DeWine tests negative for coronavirus after positive result

Photo: Justin Merriman/Getty Images

Ohio Gov. Mike DeWine (R) tested negative for the coronavirus after initially testing positive earlier Thursday, his office announced.

Why it matters: 73-year-old DeWine was set to meet President Trump Thursday on the tarmac at an airport in Cleveland and was tested as part of standard protocol.

Updated 35 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Global: Total confirmed cases as of 9:30 p.m. ET: 18,996,008 — Total deaths: 712,476— Total recoveries — 11,478,835Map.
  2. U.S.: Total confirmed cases as of 9:30 p.m. ET: 4,877,115 — Total deaths: 159,990 — Total recoveries: 1,598,624 — Total tests: 59,652,675Map.
  3. Politics: Pelosi rips GOP over stimulus negotiations: "Perhaps you mistook them for somebody who gives a damn" — Ohio Gov. Mike DeWine tests positive.
  4. Public health: Majority of Americans say states reopened too quicklyFauci says task force will examine aerosolized spread Study finds COVID-19 antibodies prevalent in NYC health care workers.
  5. Business: The health care sector imploded in Q2More farmers are declaring bankruptcyJuly's jobs report could be an inflection point for the recovery.
  6. Sports: Where college football's biggest conferences stand on playing.

Trump issues order banning TikTok if not sold within 45 days

Illustration: Aïda Amer/Axios

Americans and U.S. companies will be banned from making transactions with ByteDance, the Chinese owner of TikTok, in 45 days, according to a new executive order President Trump issued Thursday evening.

The big picture: Last week Trump announced his intention to ban TikTok but said he'd leave a 45-day period for Microsoft or other U.S.-based suitors to try to close a deal to acquire the popular video-sharing app.