U.S. President Donald Trump signed his landmark “One Big, Beautiful Bill” into law on Friday, calling it a "triumph of democracy" during a Fourth of July ceremony at the White House.
The 870-page legislation delivers key parts of his second-term agenda, including permanent tax cuts, increased defence spending, and sweeping changes to healthcare and immigration policy.
Passed by Congress in a narrow 218–214 vote a day earlier, the bill permanently extends the 2017 tax cuts and introduces new breaks on tipped income, overtime, and Social Security. It also slashes Medicaid funding, boosts defence spending by $150 billion, and rolls back clean energy tax credits introduced under the Biden administration.
The law allocates $100 billion in new funding for Immigration and Customs Enforcement (ICE), part of Trump’s ongoing crackdown on illegal immigration. Speaking to military families at the signing, Trump said the bill would “fuel massive economic growth” and “lift up hardworking citizens,” declaring, “The Golden Age of America is upon us.”
He promoted the bill as a “historic win for American families” during a campaign rally in Iowa on Thursday, promising it would transform the economy into a “rocketship.”
Despite concerns about the bill’s cost—estimated to add $3.4 trillion to the national debt—the White House says it reflects Trump’s long-standing policy goals and vision for the country.
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Disruption in the Strait of Hormuz has increased the strategic importance of Bab al-Mandab, raising fears that instability in both waterways could trigger a wider global energy and trade crisis.
Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source who said there had been no progress in talks to revive the interim deal agreed in June and define a timeframe to implement it.
Russia has accused Ukraine of threatening global grain supplies after recent strikes on Black Sea agricultural infrastructure, while Moscow carried out a new overnight attack on Ukraine’s major Danube port of Izmail.
The Democratic Republic of the Congo’s (DRC) Ebola outbreak has spread to a sixth province. A man died of the virus in Bas-Uélé in the north, the African Union’s health agency said.
President Donald Trump has ordered the U.S. Navy to abandon its next planned electromagnetic aircraft launch system and return to steam-powered catapults on a future aircraft carrier, while also authorising limited overseas ship construction to help address naval capacity shortfalls.
A diplomatic dispute has erupted between Cuba and the Dominican Republic after Santo Domingo ordered the withdrawal of several Cuban diplomats and their family members, prompting a sharp response from Havana.
Brazil has taken the first formal step towards potential retaliatory action against the United States following the Trump administration's decision to impose new tariffs on Brazilian exports, signalling a further deterioration in relations between the two countries.
U.S. Defense Secretary Pete Hegseth said on Thursday that reports about poor conditions aboard aircraft carrier the USS Abraham Lincoln in the Middle East were "completely misrepresented."
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