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Trump announces new tariffs as stock market dips


In a post this morning on Truth Social, the president offered his “complete and total endorsement” to Republican National Committee Chair Michael Whatley, who launched his campaign for Senate in North Carolina yesterday.

“Michael is fantastic at everything he does, and was certainly a STAR as Co-Chair of the RNC,” Trump wrote on social media.

“Michael is a wonderful man, has ALWAYS delivered for North Carolina, especially after the terrible floods, where the Biden Administration did nothing, and will continue doing so as your next U.S. Senator, where he will fight tirelessly to Grow our Economy, Cut Taxes and Regulations, Promote MADE IN THE U.S.A., Champion American Energy DOMINANCE, Help Secure our already Secure Southern Border, Stop Migrant Crime, Murderers, and other Criminals from illegally entering our Country, Strengthen our Military/Veterans, and Protect our always under siege Second Amendment,” he added.

North Carolina’s incumbent senator, Thom Tillis, announced earlier this year that he would not run for re-election, setting up a competitive open-seat Senate race in the Southern state.

Earlier this week, former Gov. Roy Cooper, a Democrat, announced that he would run for Senate. Both men are expected to be the eventual nominees for their parties, setting up a general election matchup between Cooper and Whatley.

The president’s daughter-in-law, Lara Trump, who served as the RNC co-chair in 2024, was also publicly considering a run for Senate in North Carolina, but said she ruled it out last week.



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