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🟡 Semafor Principals: A fan of tariffs
In today’s edition: One GOP senator asks for more tariffs, as Trump preps US-UK limited trade deal announcement.
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‘I was in charge and he won’
The former president described a winnable election that was lost by factors out of his control.
Kamil Krzaczynski/Reuters
Trump endorses higher tax bracket for wealthy, complicating tax talks
Some more populist-leaning members of the party are aligned, but others are likely to balk.
Kent Nishimura/Reuters
Senate takes up crypto bill amid uncertainty
Bipartisan negotiations over compromise legislation have yet to yield a deal
Kayla Bartkowski/Getty Images
Republican senator asks for more tariffs
Sen. Bernie Moreno, R-Ohio, is asking the Trump administration to expand steel levies.
Kevin Mohatt/Reuters
Cruz makes ‘legacy’ pitch for tax bill
The Texas Republican said it’s “critically important” that Republicans include “legacy items that make a profound difference” in their tax cuts bill.
Gage Skidmore/Flickr/CC BY-SA 2.0
Rivals, buddies, or future running mates? Trump stokes a Vance-Rubio competition
The vice president and secretary of state are allies in the administration, and even friends. They’re also early 2028 frontrunners.
Kevin Lamarque/Reuters
Stefanik eyes two paths back to power after her scuttled UN bid
The New York Republican is gaining a subtle edge on her potential gubernatorial rival. But she’s also making moves in Congress.
African countries mull migrant deportation deals with Trump admin
Rwanda acknowledged it is in discussions with the White House, while Angola, Benin, and Equatorial Guinea have also reportedly held talks.
GOP pushes coordinated response ahead of wildfire season
Sen. Tim Sheehy, R-Mont., led 16 House and Senate Republicans in a letter calling for the president to take “immediate, decisive action” on wildfires.
Sanders, Democrats urge Paramount not to settle ‘shakedown’ CBS lawsuit
“Rewarding Trump with tens of millions of dollars for filing this bogus lawsuit will not cause him to back down on his war against the media and a free press,” read a letter from Sanders to Paramount’s owner.
Democrats start finding power in their division — and it could take down a crypto deal
This time the rebellion is happening with Senate Minority Leader Chuck Schumer’s blessing.
King of Maine? Angus King III launches governor bid
The senator’s son is joining what should be a competitive primary to replace term-limited Gov. Janet Mills.
Republicans like Trump’s Alcatraz idea
The White House hasn’t given any details on how the shuttered prison might be reopened.
Time to push Putin ‘to the corner,’ Estonian foreign minister says
The Russian leader “understands only the strong position,” Margus Tsahkna tells Semafor.
Trump’s falling in polls. Why aren’t Democrats benefiting?
There’s a handful of critical reasons why the opposition party remains remarkably unpopular right now in public opinion surveys.
Debatable: Can the Trump administration cut off Harvard’s funding?
Legal minds differ over the suspension of federal funds to the prestigious university.
Senate prepares to change the House’s ‘big, beautiful’ Trump bill
One GOP senator called the efforts across the Capitol ‘a sandstorm of bad ideas.’
Senate Dems divided ahead of key crypto vote
Schumer urged colleagues last week against putting their weight behind the bill until changes were made.
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