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Rules of Global Commerce Give Way to Chaos

July 11, 2025 at 4:58 pm EDT By Taegan Goddard Leave a Comment

“Six months into his new administration, President Trump’s assault on global trade has lost any semblance of organization or structure,” the New York Times reports.

“He has changed deadlines suddenly. He has blown up negotiations at the 11th hour, often raising unexpected issues. He has tied his tariffs to complaints that have nothing to do with trade, like Brazil’s treatment of its former president, Jair Bolsonaro, or the flow of fentanyl from Canada…”

“The resulting uncertainty is preventing companies and countries from making plans as the rules of global commerce give way to a state of chaos.”

Ukraine Says 40% of Russian Ammunition Is North Korean

July 11, 2025 at 4:55 pm EDT By Taegan Goddard Leave a Comment

“North Korea is now supplying as much as 40% of Russia’s ammunition for the war in Ukraine as the partnership between Pyongyang and Moscow deepens, according to the head of Ukrainian military intelligence,” Bloomberg reports.

“Kim Jong Un’s regime is also sending other weapons to Russia, including ballistic missiles and artillery systems.”

Assassination Attempt Defined Trump’s Political Comeback

July 11, 2025 at 4:24 pm EDT By Taegan Goddard Leave a Comment

Time: “As the ultimate symbol of Trump’s survival, the image encapsulates the central themes of his return to power: victimhood, strength, defiance.”

“But for the President and his allies, it also serves as a lodestar for his revolutionary and combative second-term agenda. A year later, the Butler shooting remains the defining moment for Trump and the Make America Great Again movement he leads. Pictures and illustrations of the scene on July 13, 2024, have since been sold on Christmas ornaments, car magnets, and t-shirts. They have graced the covers of books and magazines. And they have become a staple of the MAGA mythology.”

Said Steve Bannon: “The MAGA movement sees this very simply and powerfully: the hand of Divine Providence interceded on the plains of Butler. Trump was spared to do great things.”


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Laura Loomer Sharpens Her Knives for Pam Bondi

July 11, 2025 at 4:21 pm EDT By Taegan Goddard Leave a Comment

“MAGA activist Laura Loomer has set her sights on ousting Attorney General Pam Bondi, as the White House fends off fury from the president’s base over its handling of the investigation into Jeffrey Epstein’s criminal case and death,” Politico reports.

“Loomer called on FBI Director Kash Patel and Deputy Director Dan Bongino to ask for Bondi’s public resignation Friday morning, writing on social media that Patel and Bongino had clashed with Bondi over the investigation.”

Trump Weighs New Ukraine Aid Package

July 11, 2025 at 3:07 pm EDT By Taegan Goddard Leave a Comment

“President Donald Trump is weighing a new military aid package for Ukraine worth hundreds of millions of dollars, the first potential aid sent by the administration to the beleaguered country,” Politico reports.

“A new weapons package, which senior Republican lawmakers have sought, would underline the administration’s internal divisions over Ukraine assistance as its battle against Russia grinds past a third year.”

Pete Hegseth Gets a New Title

July 11, 2025 at 3:04 pm EDT By Taegan Goddard Leave a Comment

President Trump referred to Pete Hegseth as the “Secretary of War” in a Truth Social post.

Dan Bongino May Resign Over Jeffrey Epstein Files

July 11, 2025 at 2:57 pm EDT By Taegan Goddard Leave a Comment

“Deputy FBI Director Dan Bongino has told people he is considering resigning amid a major clash between the FBI and Justice Department over the continued fallout from the release of the Jeffrey Epstein memo,” CNN reports.

State Department Lays Off 1,300 Employees

July 11, 2025 at 1:45 pm EDT By Taegan Goddard Leave a Comment

“The State Department is laying off more than 1,300 employees as part of a sweeping reorganization plan that Trump administration officials say will cut down on unwieldy bureaucracy and modernize the agency,” the Wall Street Journal reports.

“The department on Friday began notifying the employees being let go, including more than 1,100 civil servants and around 250 foreign-service officers.”

FBI’s ‘Raw’ Jeffrey Epstein Prison Video Was Likely Modified

July 11, 2025 at 1:21 pm EDT By Taegan Goddard Leave a Comment

“The United States Department of Justice this week released nearly 11 hours of what it described as ‘full raw’ surveillance footage from a camera positioned near Jeffrey Epstein’s prison cell the night before he was found dead. The release was intended to address conspiracy theories about Epstein’s apparent suicide in federal custody. But instead of putting those suspicions to rest, it may fuel them further,” Wired reports.

“Metadata embedded in the video and analyzed by Wired and independent video forensics experts shows that rather than being a direct export from the prison’s surveillance system, the footage was modified, likely using the professional editing tool Adobe Premiere Pro.”

“The file appears to have been assembled from at least two source clips, saved multiple times, exported, and then uploaded to the DOJ’s website, where it was presented as ‘raw’ footage.”

Emil Bove Would Not Rule Out Third Trump Term

July 11, 2025 at 1:19 pm EDT By Taegan Goddard Leave a Comment

“Emil Bove, a top Justice Department official who previously served as President Trump’s criminal defense attorney, declined to rule out the possibility of the president running for a third term and did not denounce the Jan. 6 attack on the Capitol in a questionnaire submitted to a Senate panel considering his nomination for a lifetime appointment as a federal judge,” CBS News reports.

Extra Bonus Quote of the Day

July 11, 2025 at 1:00 pm EDT By Taegan Goddard Leave a Comment

“It is so fucking bananas to watch them now try and diffuse this bomb that they planted.”

— Jon Stewart, quoted by the HuffPost, on how the Jeffrey Epstein conspiracies are dividing Trump supporters.

Trump’s Deportation Stormtroopers

July 11, 2025 at 12:57 pm EDT By Taegan Goddard Leave a Comment

Andrew Sullivan: “We have been a brutal deportation nation long before our Trumpian 21st Century gambit. What’s different now, it seems to me, are four things: the sheer scale of it; the frantic pursuit of quantity over quality; the relative paucity of resources for courts and judges; and the fact that the enforcers are anonymous, masked, and unknowable — and will soon be on every street in America.”

“ICE will now have more resources than all but 15 countries’ military budgets, and is set to grow from an annual budget of $10 billion to $150 billion over four years. This is a ramp up of mind-boggling size and speed.”

Garrett Graff: “We’re about to pour $200 billion into immigration enforcement—but understanding specifically why this is a bad idea is important.”

Dan Bongino Clashed with Pam Bondi Over Epstein Files

July 11, 2025 at 12:31 pm EDT By Taegan Goddard Leave a Comment

“FBI deputy director Dan Bongino took a day off from work Friday after clashing at the White House with Attorney General Pam Bondi over their handling of the Jeffrey Epstein files,” Axios reports.

“At the center of the argument: a surveillance video from outside of Epstein’s cell that the administration released, saying it was proof no one had entered the room before he killed himself.”

Trump’s Brazil Tariff Is Blatantly Illegal

July 11, 2025 at 12:06 pm EDT By Taegan Goddard Leave a Comment

Paul Krugman: “Let’s be clear: U.S. law does give the executive branch a lot of discretion to impose tariffs without additional legislation. It does this for a reason: Temporary tariffs were intended to serve as a political pressure-release valve that would make low tariffs emerging from international agreements sustainable. This worked well as long as we had responsible presidents; it has been a disaster under Trump. Still, he does have a lot of legal authority to set tariffs.”

“But that authority is by no means open-ended. Tariffs can be imposed only for specific reasons… Trump has hugely abused all these justifications, especially the last. There is no economic emergency.” 

For members: Trump Acts Like He’s Above the Law, Because He Mostly Is

Start Budgeting Now

July 11, 2025 at 11:59 am EDT By Taegan Goddard Leave a Comment

Annie Lowrey: “Households will pay an average of $2,400 more for goods this year, thanks to Trump’s policies.”

Prominent Georgia Republican Charges in Ponzi Scheme

July 11, 2025 at 11:35 am EDT By Taegan Goddard Leave a Comment

“A prominent Georgia Republican was running a Ponzi scheme that defrauded 300 investors of at least $140 million, federal officials alleged in a complaint filed Thursday,” the AP reports.

“The civil lawsuit by the U.S. Securities and Exchange Commission said First Liberty Building and Loan, controlled by Brant Frost IV, lied to investors about its business of making high-interest loans to companies. Instead, investigators said, it raised more money to repay earlier investors.”

Weekly News Quiz

July 11, 2025 at 11:00 am EDT By Taegan Goddard Leave a Comment

It’s been another whirlwind week in politics, with major developments at home and abroad.

See how closely you’ve been following the headlines.

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Trump Acts Like He’s Above the Law, Because He Mostly Is

July 11, 2025 at 10:57 am EDT By Taegan Goddard Leave a Comment

President Trump is acting like he believes there are no limits to his power — and he’s not entirely wrong.

This week, he announced sweeping new tariffs on Brazil, a move framed not as an economic strategy but as retaliation.

Join now to continue reading.

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Word of the Day

Balanced Ticket: A balanced ticket is a paring of political party candidates designed to appeal to a broad swathe of the electorate.

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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