The world’s richest man has started the week with his Tesla stocks sliding after he announced plans to start a new political party in the USA. The America Party is designed to challenge the two-party stronghold of the Democrats and Republicans. Musk had backed away from politics for a few weeks after an epic fallout with Trump over the Big Beautiful Bill and his businesses taking a hit. But he’s back and ready to take on Trump.
Trump has announced a delay to his tariff plans as he pushes for a global trade deal, but he has threatened an extra 10% tariff on any countries that side with the policies of the BRICS alliance, as it goes against US interests.
The death toll in the horrific Texas flooding continues to rise, currently at more than 80, many of them being children. The rising death toll comes as more rain is expected in Texas and fears the situation is about to become even worse.
