President Donald Trump on Friday said his administration will launch a trade probe into the European Union that will cancel hefty fines levied against U.S. tech giants and likely result in a “substantial” tariff on the 27-member bloc. Read more China’s Geely to make EVs at Ford plant in Spain under new joint venture

The update comes as Ukrainian President Volodymyr Zelenskyy welcomed strikes on a key missile components facility in the Russian city of Kirov.

The president told Axios he was considering an operation “bigger than ever before.”

The Pentagon lowered its official Iran war death toll to 14 from 18, removing four service members killed this month.

The Trump administration has ramped its tariff actions back up since the president’s trade agenda suffered major legal setbacks earlier this year.

The subpoenas to New York Times reporters were issued by Manhattan U.S. Attorney Jay Clayton, whom Trump has nominated as director of national intelligence.

Trump would be nearly certain to veto any measure to curtail his ability to wage war with Iran.

House oversight Chair James Comer said Jes Staley defended Jeffrey Epstein and encouraged JPMorgan to retain him despite internal red flags.

The IRS alone hemorrhaged more than 31,000 employees as of January in President Trump’s government cuts, according to the agency’s inspector general.

Ukraine has ratcheted up its attacks on Russia’s Amazon-style retail giant Wildberries, signaling a new phase in the war.