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The US overview within the morning: Trump reviews billion-dollar earnings, authorities complains about “start tourism”

The US overview within the morning: Trump reviews billion-dollar earnings, authorities complains about “start tourism”

Posted on July 1, 2026



Overview:

Donald Trump reviews revenue from crypto transactions

US President Donald Trump ​reported greater than $1 billion in income from his household’s crypto companies final yr. That is evident from its annual monetary assertion for the US Workplace of Authorities Ethics. Accordingly, he obtained greater than 500 million {dollars} from World Liberty Monetary, a crypto firm that he based collectively together with his sons. Trump earned one other $635 million by promoting his so-called meme cash with the abbreviation $TRUMP. The president additionally reported greater than $80 million in revenue from settlements with numerous media firms, in addition to thousands and thousands of {dollars} in revenue from licensing his title to actual property builders overseas.

Ministry of Justice requires harder motion towards “start tourism”

Based on the Supreme Courtroom’s ruling
United States to Citizenship by birth The US Division of Justice has known as for harder motion towards “start tourism”. In a round distributed simply hours after the courtroom’s resolution, the Workplace of the Deputy Lawyer Common directed prosecutors to prioritize investigating and prosecuting fraudulent “start tourism” schemes. The Supreme Courtroom on Tuesday upheld the suitable to U.S. citizenship for kids born within the U.S., stopping Trump’s order that may limit that proper for kids of sure immigrants.

You can read more about the Supreme Court’s ruling here.

EU implements tariff guarantees to Trump

From right now on, industrial items and lobsters from the USA can enter the nation duty-free EU be launched. Sure agricultural and marine merchandise from the US are additionally topic to lowered tariffs or tariff price quota guidelines to enhance market entry. With the brand new rules, the EU is fulfilling the agreements from the customs deal concluded with US President Trump final yr. Based on the EU Fee, European customers will profit from higher entry to imports from the USA and also will have worth benefits.

© Lea Dohle

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You can read more about the new customs regulations here.

The New York Instances wins a authorized dispute with the Protection Ministry

Within the authorized dispute over entry restrictions for journalists within the US Division of Protection New York Instances achieved an interim victory. A federal choose suspended till additional discover a regulation that stipulates that journalists are solely allowed to maneuver by means of the ministry when accompanied by an worker. The injunction is in impact till a judgment is made. The choose primarily based his resolution on the significance of a free press and an knowledgeable inhabitants. This precept shouldn’t be deserted within the yr of the USA’s 250th anniversary.

Trump is planning his first Republican Occasion conference earlier than congressional elections

US President Trump has introduced a nationwide Republican occasion convention for the primary time instantly earlier than the congressional elections within the fall. The occasion is scheduled to happen in Dallas on September ninth and tenth and can mobilize Republican voters for the midterm elections that can resolve whether or not the occasion retains its majority in Congress. Sometimes, the 2 main events solely maintain nationwide conventions within the run-up to presidential elections. Nevertheless, Trump has lengthy been selling an analogous assembly this yr to attract consideration to the quite a few elections for the Home of Representatives and Senate.



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