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midterm elections

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News: Trump Delivers Record-Long State of the Union

President Donald Trump delivered the longest State of the Union address in modern American history on Tuesday evening, speaking for approximately 108 minutes in a sweeping speech that touched on the economy, trade, immigration, Iran, and his administration's legislative agenda. The address broke his own record from last year's joint session by eight minutes, and came at a politically precarious moment for the president as polls show Americans losing confidence in his handling of the economy ahead of the November 2026 midterm elections. Trump declared the United States was experiencing a "turnaround for the ages" and a "golden age of America," touting stock market highs, falling inflation, and record employment numbers. But the triumphant rhetoric stood in stark contrast to polling data showing his approval on economic issues slipping, and to the Supreme Court's decision just four days earlier to strike down his signature tariff program in a 6-3 ruling. Democrats, who are making affordability a central campaign theme, offered vocal pushback during the speech, while Virginia Governor Abigail Spanberger delivered the official Democratic response focusing on kitchen-table costs. The speech's market-relevant elements were significant: a new tax cut proposal to be advanced through budget reconciliation, a government-backed retirement savings plan for workers without employer matches, a pledge to bar institutional investors from buying single-family homes, and a defiant promise to reimpose tariffs using "alternative" legal authorities despite the Supreme Court ruling. Separately, Trump's brief but pointed comments on Iran — with U.S.-Iran nuclear talks resuming in Geneva on Thursday — kept oil markets on edge, with Brent crude trading near seven-month highs.

State of the UnionTrumptariffs

News: House Votes to Overturn Trump's Canada Tariffs in

The U.S. House of Representatives voted 219-211 on Wednesday to rescind President Donald Trump's tariffs on Canadian goods, marking one of the most significant bipartisan challenges to the president's signature trade policy since he returned to office. Six House Republicans broke ranks with their party to join nearly every Democrat in passing a resolution that would terminate the national emergency Trump declared to justify the levies — a move that drew an immediate and pointed threat from the president himself. The vote, while largely symbolic given the near-certainty of a presidential veto, sent an unmistakable signal: cracks are forming within the GOP over tariffs as the 2026 midterm elections approach and American consumers continue to bear the brunt of higher import costs. "Any Republican, in the House or the Senate, that votes against TARIFFS will seriously suffer the consequences come Election time, and that includes Primaries!" Trump posted on Truth Social as the vote was being tallied. The resolution, introduced by Rep. Gregory Meeks (D-N.Y.), the top Democrat on the House Foreign Affairs Committee, now heads to the Senate, which voted twice last year to block Trump's tariffs on Canada. But even if both chambers approve the measure, they would lack the two-thirds majority required to override a presidential veto — leaving the tariffs firmly in place while a parallel Supreme Court challenge looms over the president's unilateral trade authority.

tariffsCanada tariffsHouse vote