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ABC News

Trump admin updates: Trump says tariff letters to be sent to 'various countries' on Monday

PHOTO: President Donald Trump gestures, on the day he is expected to sign a sweeping spending and tax legislation, known as the "One Big Beautiful Bill Act," at the White House in Washington, D.C., July 4, 2025.
2:19
Ken Cedeno/Reuters
B-2s will fly over during spending bill signing, Trump says
By Alexandra Hutzler, Ivan Pereira
Last Updated: July 7, 2025, 3:42 AM

After days of Republican drama, the House on Thursday passed President Donald Trump's sweeping tax cut and spending bill.

Trump helped Speaker Mike Johnson pressure GOP holdouts into flipping their no votes to allow the measure to go forward in time to meet the president's self-imposed July Fourth deadline.

Latest headlines:

  • Bessent shades Musk over his new political party
  • Trump signs disaster declaration after Texas flood
  • Trump defends popularity of megabill
  • Trump announces UFC fight on White House lawn for America's 250th birthday
  • Trump says Iran strikes, megabill passage have been 'best 2 weeks'
Here's how the news is developing.

Jul 07, 2025 3:42 AM

Trump says tariff letters to be sent to 'various countries' on Monday

President Donald Trump posted on Truth Social that his tariff letters "and/or deals" will be delivered to "various countries from around the world," on Monday, starting at 12 p.m ET.

Currently, it is unknown which nations will be receiving the letter and/or deal.

"I am pleased to announce that the UNITED STATES TARIFF Letters, and/or Deals, with various Countries from around the World, will be delivered starting 12:00 P.M. (Eastern), Monday, July 7th," Trump said. "Thank you for your attention to this matter! DONALD J. TRUMP, President of The United States of America."

Shortly thereafter, Trump posted that any nation that aligns itself with the "anti-American policies of BRICS" will be charged an additional 10% tariff, and that there will be "no exceptions" to the countries that are hit with this "BRICS tariff."

BRICS members include Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia, and the United Arab Emirates.

Nations that are considered "partner states" include Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Nigeria, Thailand, Uganda, Uzbekistan, and Vietnam.

-ABC News' Alex Ederson


Jul 06, 2025 11:18 PM

Trump says Musk is becoming a 'TRAIN WRECK'

In a lengthy post on his social media platform on Sunday, President Donald Trump wrote that Elon Musk is becoming a "TRAIN WRECK," explaining their differences on EV mandates and why he pulled the nomination of Musk's associate to lead NASA.

"I am saddened to watch Elon Musk go completely 'off the rails,' essentially becoming a TRAIN WRECK over the past five weeks," Trump wrote in a post after Musk announced he was starting a new political party.

Trump then claimed that Musk told him he had "no problems" with him ending subsidies for electric vehicle purchases.

PHOTO: President Donald Trump, right, speaks during a news conference with Elon Musk in the Oval Office of the White House, May 30, 2025, in Washington.
Evan Vucci/AP, Files
President Donald Trump, right, speaks during a news conference with Elon Musk in the Oval Office of the White House, May 30, 2025, in Washington.
Evan Vucci/AP, Files

"No more EV Mandate. I have campaigned on this for two years and, quite honestly, when Elon gave me his total and unquestioned Endorsement, I asked him whether or not he knew that I was going to terminate the EV Mandate - It was in every speech I made, and in every conversation I had. He said he had no problems with that - I was very surprised!" Trump wrote.

The president went on to argue that he felt that it was in the best interest of the American public not to have Musk associate Jared Isaacman lead NASA due to their space industry connections.

"I also thought it inappropriate that a very close friend of Elon, who was in the Space Business, run NASA, when NASA is such a big part of Elon’s corporate life. My Number One charge is to protect the American Public!" Trump added.

-ABC News' Lalee Ibssa


Jul 06, 2025 11:06 PM

Trump says it's 'ridiculous' for Musk to start political party

President Donald Trump said Elon Musk "can have fun with it" when asked about the billionaire's announcement that he will start a new political party, but called it "ridiculous" and said it will create more confusion for voters.

“I think it's ridiculous to start a third party,” Trump said.

“I think starting a third party just adds to confusion. It really seems to have been developed for two parties. Third parties have never worked, so he can have fun with it, but I think it's ridiculous," the president said.

-ABC News' Lalee Ibssa and Hannah Demissie



Jul 06, 2025 7:11 PM

Bessent shades Musk over his new political party

Following Elon Musk's announcement that he plans to create a third political party called the "America Party" in response to Trump's tax-cut and spending bill, Treasury Secretary Scott Bessent shaded the billionaire and former head of DOGE about his efforts.

PHOTO: Secretary of Treasury Scott Bessent speaks to members of the press, after meeting with Senate Republicans at the Capitol in Washington, June 27, 2025.
Elizabeth Frantz/Reuters
Secretary of Treasury Scott Bessent speaks to members of the press, after meeting with Senate Republicans at the Capitol in Washington, June 27, 2025.
Elizabeth Frantz/Reuters

"Look, the principles of DOGE were very popular. I think if you would look at the polling, Elon was not, so I believe that the boards of directors at his various companies wanted him to come back and run those companies, which he is better at than anyone," Bessent said on CNN. "So, I imagine that those board of directors did not like this announcement yesterday, and will be encouraging him to focus on his business activities, not his political activities."

-ABC News’ Hannah Demissie


Jul 01, 2025 8:53 AM

Collins blames Democrats for tanking rural funding amendment

Sen. Susan Collins blamed Democrats for tanking her amendment to boost the GOP megabill's rural hospital relief fund.

PHOTO: Senate staffers work inside the Hart Senate Office Building on Capitol Hill in Washington, D.C., on June 30, 2025.
Nathan Howard/Reuters
Senate staffers work inside the Hart Senate Office Building on Capitol Hill in Washington, D.C., on June 30, 2025.
Nathan Howard/Reuters

She called Democratic senators "hypocrites" for claiming to care about protecting Medicaid and then voting against her efforts to lessen the impacts of the "One Big Beautiful Bill" on hospitals in rural areas.

"I was surprised at the hypocrisy of the Democrats on it, had they voted for it would have passed easily," Collins told reporters after the vote early Tuesday morning.

Georgia Sens. Jon Ossoff and Raphael Warnock were the only two Democrats out of 22 senators who supported Collins' amendment.

"They complained repeatedly about the distribution in this bill of Medicaid cuts, hurting individuals in rural hospitals and tax cuts being extended for people who are wealthy. And yet, when we tried to fix both those problems, They took a very hypocritical approach," Collins said.

Collins said the outcome of this amendment would have "absolutely no impact" on her decision to support the bill's final passage, however.

It's still unclear how Collins will vote. "We'll see what the final bill looks like," she said.

-ABC News' Isabella Murray


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