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President Donald Trump, right, and first lady Melania Trump walk to attend an event in the Rose Garden of the White House, Thursday, Aug. 20, 2026, in Washington.<\/p>\n
Jacquelyn Martin\/AP Photo\/Jacquelyn Martin<\/p>\n
President Donald Trump listens as Gemini co-founder and president Cameron Winklevoss, left, and Gemini co-founder and CEO Tyler Winklevoss, right, watch, during a meeting with technology leaders in the Roosevelt Room of the White House, Wednesday, Aug. 19, 2026, in Washington.<\/p>\n
Jacquelyn Martin\/AP Photo\/Jacquelyn Martin<\/p>\n
Nearing the six-month mark of the Iran war and facing diminishing stockpiles of key weapons, the Trump administration is touting a crushing financial campaign against Tehran, promising an \u201ceconomic D-Day\u201d against a country that has so far withstood nearly five decades of punishing American sanctions.<\/p>\n
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With sparse details, President Donald Trump announced this week that the U.S. would be imposing an \u201cunprecedented\u201d level of economic warfare and isolation on Iran, aiming to force its leadership to cave to demands to end its nuclear program and fully reopen the crucial Strait of Hormuz to oil and natural gas tankers.<\/p>\n
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US Capitol Police clear headquarters for suspicious vehicle<\/p>\n
The U.S. Capitol Police briefly evacuated the agency\u2019s Washington headquarters Friday morning and blocked off neighborhood roads when officers spotted what they called a \u201csuspicious\u201d vehicle in the same block as the headquarters.<\/p>\n
The evacuation ended and roads reopened quickly after authorities checked out the vehicle without incident. The agency did not immediately respond to a question about the vehicle.<\/p>\n
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Roads are closed and a swath of the National Mall is fenced and blocked off and the security level is heightened throughout D.C. because of the weekend\u2019s Freedom 250 Grand Prix. The FBI did not immediately respond to a question about the current threat level in the city.<\/p>\n
US and South Korean militaries wrap up drill early<\/p>\n
The U.S. and South Korean militaries ended their annual drill six days earlier than initially scheduled Friday in a conciliatory gesture toward North Korea.<\/p>\n
Trump had earlier abruptly ordered the Pentagon to \u201csubstantially reduce\u201d the Ulchi Freedom Shield exercise just before it began Monday. Trump cited what he described as a good relationship with North Korean leader Kim Jong Un and South Korea\u2019s refusal to support him over the war in Iran.<\/p>\n
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The end of the drill comes after North Korea said such a step isn\u2019t enough to persuade it to return to talks.<\/p>\n
On Thursday, North Korea fired about 10 short-range ballistic missiles toward the sea, apparently following through with its previous threat to respond to the drills that it views as an invasion rehearsal.<\/p>\n
Trump announces plan aimed at lowering beef prices<\/p>\n
In a social media post Friday, the president said his administration will allow more beef to be imported into the U.S. without triggering a higher tariff rate that would otherwise go into effect.<\/p>\n
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The agreement, Trump said, allows up to 300,000 metric tons of ground beef to be brought into the U.S. for the next 90 days without activating an \u201cout of quota\u201d tariff.<\/p>\n
The president said he had a commitment that the beef would be sold at 25% below current market rates, making beef cheaper for American consumers.<\/p>\n
Trump did not say who the deal was with or what countries the beef will be imported from. The White House did not immediately respond to a request for more details.<\/p>\n
An out-of-quota tariff is a higher tax that goes into effect once a certain quantity of that product enters the U.S.<\/p>\n
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Trump said the agreement would help rebuild the U.S. beef herd and ultimately help American ranchers. But the American cattle industry has in the past balked at Trump\u2019s plans to import more foreign beef, such as his effort last year to bring in more beef from Argentina.<\/p>\n
Trump to stump for Sen. Darline Graham days ahead of South Carolina\u2019s GOP Senate runoff<\/p>\n
Trump is scheduled to travel to South Carolina on Friday to make a last-minute appeal for Sen. Darline Graham, his chosen candidate to replace her brother, the late Sen. Lindsey Graham, ahead of a Republican runoff next week.<\/p>\n
Voters will decide Tuesday whether Graham or Rep. Ralph Norman will be Republicans\u2019 nominee on the November ballot.<\/p>\n
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The Myrtle Beach rally is the sort of campaign trail occasion that Trump hasn\u2019t done as much of this year, compared with past midterms, making it a signal of the importance Trump is placing on a win for his pick.<\/p>\n
It\u2019s also an opportunity for the president to wade into friendly territory ahead of the midterm elections that leave his party\u2019s control of Congress hanging in the balance. South Carolina hasn\u2019t elected a Democrat statewide in decades, its House delegation has only one Democrat and Trump\u2019s own victory in the 2016 presidential primary here helped propel him toward the nomination and ultimately the White House.<\/p>\n
Investigators seek interviews with Trump foes related to Mar-a-Lago search, AP sources say<\/p>\n
Justice Department investigators have sought to interview law enforcement officials related to the FBI search of Donald Trump\u2019s Mar-a-Lago estate as part of a Florida-based inquiry aiming to establish a conspiracy against the Republican president, multiple people familiar with the matter said Thursday.<\/p>\n
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The requests for interviews, made in recent weeks, suggest a conspiracy investigation that had mostly appeared focused on the decade-old question of Russian interference in the 2016 presidential election is also examining a more contemporary event \u2014 the 2022 search of Mar-a-Lago that resulted in the FBI seizing top secret documents from the president\u2019s Palm Beach estate.<\/p>\n
The requests for voluntary interviews were not made through subpoenas, said the people, who spoke on condition of anonymity to discuss an ongoing investigation with The Associated Press.<\/p>\n
It is not clear when or if prosecutors might seek to bring charges, or for what, but investigating conduct that occurred in Florida might give the Justice Department the legal hook it needs to try to anchor a prosecution in the state.<\/p>\n
\u2014 Eric Tucker and Alanna Durkin Richer<\/p>\n
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World shares are mixed and US futures edge higher, while oil prices slip<\/p>\n
World shares were mixed Friday after a retreat on Wall Street as a U.S. Treasury Department plan to boost its government debt buybacks appeared to have only limited capacity to calm markets.<\/p>\n
The futures for the S&P 500 and the Dow Jones Industrial Average were up 0.3%.<\/p>\n
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The Treasury Department announced Wednesday that it will at least double the size of its planned purchases of longer-term government debt, while Treasury Secretary Scott Bessent signaled Thursday that the repurchase program could be larger.<\/p>\n
The announcement temporarily brought down government bond yields, which have been elevated under concerns about high inflation partly caused by the war in Iran and rising U.S. government debt. Higher yields tend to slow the broader economy because of increased borrowing costs across the financial system and can undercut stock prices.<\/p>\n
Trump warns of \u2018economic D-Day\u2019 against Iran, but Tehran is well acquainted with sanctions<\/p>\n
Nearing the six-month mark of the Iran war and facing diminishing stockpiles of key weapons, the Trump administration is touting a crushing financial campaign against Tehran, promising an \u201ceconomic D-Day\u201d against a country that has so far withstood nearly five decades of punishing American sanctions.<\/p>\n
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