News Today: Trump at West Point, Russia-Ukraine Prisoner Swap, SpaceX Launch, Tariff Threats

From Trump’s high-profile West Point address to rising tensions abroad and economic battles at home, here are the key stories shaping the weekend:

At West Point commencement, Trump mixes praise with politics
President Donald Trump used his West Point commencement address to congratulate graduating cadets while crediting himself for rebuilding the U.S. military. Wearing a MAGA hat, he framed the military's mission in stark America First terms and claimed a political "mandate" from the 2024 election.

Russia and Ukraine Swap Prisoners Amid Escalating Violence
Russia and Ukraine carried out a major prisoner swap Saturday, exchanging 307 troops each in the second phase of a deal reached in Istanbul earlier this month. The exchange came just hours after one of the largest Russian aerial assaults on Kyiv, involving 14 missiles and 250 drones, which left at least 15 injured and caused widespread damage. Despite the cooperative gesture, both sides continue intense fighting along the 1,000-kilometer front line, with no clear progress toward a ceasefire. Ukrainian officials and European leaders condemned the latest attack as further proof that Russia is not ready to end the war.


Trump Threatens Major Tariffs on EU and Smartphones
President Donald Trump threatened sweeping new tariffs Friday, proposing a 50% tax on all European Union imports and a 25% tariff on smartphones not made in the U.S. The move, announced on Truth Social, reflects growing frustration with stalled EU trade talks and aims to pressure companies like Apple to shift production to America. Trump insisted the tariffs could take effect as soon as June 1, prompting sharp pushback from EU officials and market jitters that led to a stock selloff.

Senate GOP Faces Hurdles on Trump’s Tax and Immigration Bill
President Trump’s sweeping tax and immigration package narrowly passed the House but now faces stiff headwinds in the Senate, where Republican leaders are working to unite moderates and conservatives. Key sticking points include deep spending cuts to Medicaid and food stamps, permanent tax cut proposals, and the bill’s $4 trillion debt ceiling increase. Senators are also divided over repealing clean energy tax credits and limiting local regulation of artificial intelligence, raising questions about the bill’s budgetary scope. With a July 4 deadline looming, Senate Republicans must address internal rifts to pass the “big, beautiful bill” before a possible debt default.

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