China has quietly started to exempt some US goods from tariffs that likely cover around $40 billion worth of imports, in what looks like an effort to soften the blow of the trade war on its own economy.

A list of exempted US products covering 131 items like pharmaceuticals and industrial chemicals has been circulating among traders and businesses over the past week. Some of these products were previously reported by Bloomberg News.

>https://www.bloomberg.com/news/articles/2025-05-02/china-s-stealth-exemptions-may-amount-to-a-quarter-of-us-imports?sref=XuSdMNiI

Army plans for a potential parade on Trump’s birthday call for 6,600 soldiers, AP learns

Detailed Army plans for a potential military parade on President Donald Trump’s birthday in June call for more than 6,600 soldiers, at least 150 vehicles, 50 helicopters, seven bands and possibly a couple thousand civilians, The Associated Press has learned.

The planning documents, obtained by the AP, are dated April 29 and 30 and have not been publicly released. They represent the Army’s most recent blueprint for its long-planned 250th anniversary festival on the National Mall and the newly added element — a large military parade that Trump has long wanted but is still being discussed.

The Army anniversary just happens to coincide with Trump’s 79th birthday on June 14.

While the slides do not include any price estimates, it would likely cost tens of millions of dollars to put on a parade of that size. Costs would include the movement of military vehicles, equipment, aircraft and troops from across the country to Washington and the need to feed and house thousands of service members.

High costs halted Trump’s push for a parade in his first term, and the tanks and other heavy vehicles that are part of the Army’s latest plans have raised concerns from city officials about damage to roads.

>https://apnews.com/article/army-parade-trump-birthday-96bb9c8e9af1ef285c56fdc3d1ba4b35

White House budget calls for $163 billion in federal cuts next year

The White House on Friday released President Donald Trump's proposed budget for the 2026 fiscal year, which calls for $163 billion in cuts to federal spending.

Office of Management and Budget Director Russell Vought, in a letter to Congress alongside the proposal, said the cuts to discretionary funding would lead to "significant savings."

"The President is proposing base non-defense discretionary budget authority $163 billion 22.6 percent below current-year spending, while still protecting funding for homeland security, veterans, seniors, law enforcement, and infrastructure," Vought wrote.

While budget proposals are essentially wish-list for the administration, they serve to illustrate the president's priorities and what the White House hopes is a jumping off point for negotiations with Congress.

The cuts proposed would come from the Department of Education, the Department of Health and Human Services, USAID and the Environmental Protection Agency, among others.

However, Trump is proposing a 13% increase to defense spending, which would bring it to $1.01 trillion for the next fiscal year.

The administration's also proposing $175 billion to go toward the southern border.

>https://abcnews.go.com/Politics/trumps-2026-budget-proposal-calls-163b-cuts-federal/story?id=121399833

>>22982546

>DON’T BUY GOLD

this is dumbest post anon has read today

here is a FUN FACT:

the Executive Order 6102 pertaining to gold cinfoscation in 1933 specifically targeted coins and bullion…this executive order has never been recinded

what is exempt from Executive Order 6102?

SILVER, RARE GOLD COINS, and GOLD JEWELRY

ain't nobody paying taxes on that !!