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Lumber from Canada? That will be another $534.
Major appliances from China? Add a cool $445.
New homes in the United States are set to get more expensive thanks to Trump’s tariff agenda, which is expected to raise the costs of a wide variety of materials that go into building houses.
An NBC News analysis of building materials and import data found that the total cost of building a midrange single-family home could rise by more than $4,000 — an estimate that industry experts who reviewed the analysis called conservative. An April survey from the National Association of Home Builders estimated tariff impacts at $10,900 per home. Neither analysis included labor costs.
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Netanyahu’s visit to the White House comes after the prime minister’s office announced that while Hamas’ request to alter a ceasefire proposal was “unacceptable,” an Israeli negotiating team would leave for talks in Qatar.
“After assessing the situation, Prime Minister Benjamin Netanyahu instructed us to accept the invitation for close talks and to continue the talks to return our hostages on the basis of the Qatari proposal that Israel agreed to,” Netanyahu’s office said Saturday.
Days earlier, Trump announced that Israel “agreed to the necessary conditions” for a temporary ceasefire. Hamas then indicated that it had submitted a “positive response” to mediators, adding that they were prepared “to immediately enter into a round of negotiations on the mechanism for implementing this framework.”
Fatal floods in Texas that left thousands scrambling for safety with little warning have sparked a fresh round of scrutiny of Trump administration cuts to the National Weather Service.
At least 81 people were dead and many others were missing yesterday evening after floodwaters surged through Texas Hill Country, an area known as “flash flood alley.”
Within hours of the deluge early Friday, some Texas officials were critical of the weather service, saying forecasts underestimated the rainfall. Yesterday, Trump rejected the idea of investigating whether weather service cuts had left key vacancies, and the White House said claims that the cuts had anything to do with the tragedy were “disgusting.”
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Former Nebraska state Sen. Brett Lindstrom announced he’s jumping into the race to represent the state’s 2nd Congressional District.
“This is my home,” Lindstrom, a Republican, said in a post on X announcing his run. “I’ve fought for our values in the Legislature, and I’m ready to do the same in Washington. It’s time to cut taxes, secure our border, and put our families first.”
His announcement comes after Rep. Don Bacon, a centrist Republican, announced he would not seek re-election to the swing district.
Centrist Rep. Don Bacon, one of the most vulnerable Republicans in the House, said last week that he doesn’t have the “hunger” for another grueling re-election campaign and won’t run for a sixth term next year.
But Bacon, who spent 30 years in the Air Force and specialized in intelligence matters, said he’s interested in serving in an executive role down the road, and wouldn’t rule out running for Nebraska governor, or even president in 2028.
Read the full story here.
Trump said in a post on Truth Social late last night that the U.S. would send letters to countries about tariffs starting at noon today.
The president and Treasury Secretary Scott Bessent said recently that the April 2 tariff rates would kick in Aug. 1, throwing into question whether this Wednesday’s deadline still stands.
The president also said on Truth Social yesterday that goods from countries “aligning themselves with the Anti-American policies of BRICS” would face an additional 10% tariff. The acronym refers to a group of countries that includes Brazil, Russia, India and China.
Trump yesterday called Elon Musk’s plans to launch a new political party “ridiculous,” telling reporters that the effort by the former White House adviser and Tesla CEO will likely “never work.”
“I think it’s ridiculous to start a third party. We have a tremendous success with the Republican Party,” Trump said, minutes before boarding Air Force One. “It’s always been a two-party system, and I think starting a third party just adds to confusion.”
Trump sharpened his attack on the billionaire in a Truth Social post last evening, repeating an assertion that Musk’s recent opposition to the Republican party stems from the elimination of a tax credit for electric vehicles in the recent spending bill.
“I am saddened to watch Elon Musk go completely ‘off the rails,’ essentially becoming a TRAIN WRECK over the past five weeks,” Trump wrote.
Last month, Musk said he would launch a third party, named the “America Party,” if Republicans successfully passed legislation to fund Trump’s agenda, which they did last week. The Tesla CEO had railed against the bill for months due to its estimated trillion-dollar increase to the national deficit.
“What the heck was the point of @DOGE if he’s just going to increase the debt by $5 trillion??,” Musk wrote in response to a post commenting on Trump’s Truth Social message. The Congressional Budget Office estimates the legislation will increase the deficit by more than $3 trillion over the next decade.
Following the bill’s passage, Musk on Saturday announced he’d move forward with the idea after a poll he shared on X found a majority of respondents supported the venture.
“When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy,” Musk wrote on X. “Today, the America Party is formed to give you back your freedom.”
Trump in his remarks to reporters yesterday said the new party formation will likely be ineffective.
“Third parties have never worked, so he can have fun with it, but I think it’s ridiculous,” Trump said.
Trump and Netanyahu have expressed interest in discussing the military operation against Iran during today’s meeting.
Netanyahu said yesterday that their “joint mobilization brought a great victory over our common enemy,” adding that “the obligation is first and foremost to preserve the achievement.”
Trump told reporters over the weekend that “we’re going to have a meeting on Iran,” calling the U.S. operation “a great success.”
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