Here’s a highlight of major news updates in the USA for today, June 4, 2025, along with their sources:
Politics & Economy:
- Tariff Escalation: The White House has escalated its global trade war by doubling tariffs on aluminum and steel imports to 50%, effective today. This move is aimed at protecting American industries but is projected by the Congressional Budget Office (CBO) to raise inflation and shrink the economy.
- Source: PBS News Hour, The White House
- Trump’s “Big, Beautiful Bill”: The CBO projects that President Trump’s spending and tax cut bill, which passed the House last month and awaits Senate action, would add $2.4 trillion to the deficit over the next decade. It’s estimated that changes to Medicaid and other health coverage would leave nearly 11 million Americans uninsured by 2034.
- Source: PBS News Hour
- Elon Musk’s Criticism of the Bill: Elon Musk has continued to publicly criticize President Trump’s “big, beautiful bill,” calling it a “disgusting abomination” and urging people to “KILL the BILL.” He also stated that “next year, we fire all politicians who betrayed the American people.”
- Source: DrydenWire.com, ABC World News Tonight with David Muir, TIME
- White House Request for Funding Cuts: The White House has sent Congress a request to claw back $9.4 billion in funding for foreign aid and public broadcasting, a move spearheaded by the Department of Government Efficiency (DOGE).
- Source: DrydenWire.com, NPR
Social & Legal:
- Emergency Abortion Guidance Revoked: The Trump administration has revoked hospital guidance regarding emergency abortions for women whose health is in danger.
- Source: PBS News Hour, TIME
- Transgender Cadets Denied Commissions: Three transgender cadets who met all Air Force Academy graduation standards were denied commissions due to the military ban on transgender individuals.
- Source: Yahoo News, The Advocate
- Boulder Attack Suspect & Family: The suspect in Sunday’s attack in Boulder, Colorado, attempted to buy a handgun in November but was denied. Separately, a federal judge has ordered an immediate halt to deportation proceedings against the wife and five children of the man charged in the firebombing attack in Boulder.
- Source: DrydenWire.com, NPR
- Housing Crisis and Rental Aid: The Trump administration is reportedly working on a plan to implement time limits and work requirements for rental aid.
- Source: NPR
Other Notable News:
- Stock Market Performance: U.S. stocks drifted through a quiet day of trading, with the S&P 500 essentially flat, the Dow Jones Industrial Average slipping slightly, and the Nasdaq composite rising modestly. Treasury yields tumbled following weaker-than-expected economic reports.
- Source: The Associated Press
- Canada Wildfire Smoke: Smoke from Canadian wildfires continues to put several U.S. states under air quality alerts.
- Source: ABC World News Tonight with David Muir
Sources for USA News:
- PBS News Hour: (pbs.org/newshour)
- NPR: (npr.org)
- The Associated Press (AP): (ap.org)
- DrydenWire.com: (drydenwire.com)
- Yahoo News: (news.yahoo.com)
- ABC World News Tonight with David Muir (via YouTube): (youtube.com/user/ABCNews)
- TIME: (time.com)
- The White House: (whitehouse.gov)
- The Advocate: (advocate.com)
- Fox News: (foxnews.com)
- CBS News: (cbsnews.com)
- ProPublica: (propublica.org)
THANKS YOU!
