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August 1, 2025 • 4 mins
All the latest national and international news. Topics also include finance, weather and entertainment.

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Speaker 1 (00:00):
This is your twenty four to seven use update. The
latest use this hour.

Speaker 2 (00:05):
In just four minutes, Resident Trump has signed an executive
order increasing tariffs on products from around seventy countries, while
touting deals made just before his deadline.

Speaker 3 (00:17):
We have made a few deals today that are excellent
deals for the country. You know, we're taking in literally
trillions of dollars for the country.

Speaker 2 (00:25):
Originally set to go into effect today, the new rates
will now kick in next week. Trade deals so far
have been agreed to with the European Union, the UK, Japan,
and South Korea, among others. Trump has also announced tariffs
on Canada will be increased from twenty five to thirty
five percent starting today. Floodwaters are receding across the Northeast

(00:47):
today after yesterday's torrential rain. Over five inches of rain
fell in New York City. Aaron McLoughlin with more.

Speaker 4 (00:55):
Further south first responders we're conducting water rescues in Maryland,
hair showing video showing them wading through knee high water
carrying two children to safety. This storm was deadly west
of Baltimore. Fire official say a boy died after floodwater
swept him into a storm drink.

Speaker 2 (01:13):
Residents of the Texas Hill Country who escaped the deadly
floods are sharing their stories of survival. Nancy Sidunkowitz says
their home is forty feet above the Guadalupe River, and
when they awoke in the middle of the night, the
water was at their door. The water was rising too
quickly for us to try to make it to hire
round on foot, so we climbed on top of our cars,

(01:34):
and then we climbed into cedar trees and I had
to help my sixty six year old mot They, like many,
don't have flood insurance and have lost everything. They're asking
state lawmakers to prioritize an aid package over everything else
this special session by tapping the state's rainy day fund.
The unemployment rate went up in June a tenth of
a percent to four point two percent. According to numbers

(01:56):
out Today, unemployment crew by two hundred and twenty one thousand,
while the labor for shrank by nearly forty thousand. Because
of that week report that Dow is down over five
hundred points. I'm Michael Kasner. The high price of pharmaceuticals
has the attention of the White House. Monica Nelson with.

Speaker 3 (02:13):
More spokesperson Carolyn Levitt says the US pays three times
the price for drugs compared to other countries, and President
Trump is determined to tackle the problem. She says Trump
is sending out letters to the CEOs of several drug
companies telling them it's an unacceptable burden on hard working Americans.
The letters will be asking for immediate relief and includes

(02:33):
a sixty day deadline. I'm Monica Nelson.

Speaker 2 (02:36):
The plans are set for a new two hundred million
dollar ballroom at the White House. More from Brian Shook.

Speaker 1 (02:43):
Spokesperson Caroline Levitch said construction will begin in September.

Speaker 4 (02:48):
The White House State Ballroom will be a much needed
and exquisite edition of approximately ninety thousand total square feet
of innately designed and carefully crafted space.

Speaker 1 (02:58):
On Thursday, she showed reporters dings of the structure to
be built in the East wing, showing Greek columns and
golden crusted chandeliers. It will be paid for by President
Trump and other private donors and will be used for
high profile events. I'm Brian Schook.

Speaker 2 (03:19):
The Foo Fighters and nine inch Nails are swapping drummers.
According to the Hollywood reporter Elon Rubin told Nine Inch
Nails frontman Trent Resner last week that he had accepted
a job with another band. That band turned out to
be Foo Fighters, who parted ways with Josh Freeze just
over two months ago. Freeze will now join Nine Inch

(03:39):
Nails after being the band's live drummer from two thousand
and five to two thousand and eight. Justin Timberlake is
opening up with fans about his battle with lime disease.
The forty four year old singer revealed the diagnosis in
an Instagram post on Thursday. He shared that he was
shocked when he first got the diagnosis and added that
living with this be relatively debilitating, both mentally and physically.

(04:04):
I'm Michael Kassner.
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