BREAKING: President Trump says that the U.S. will impose a 10% tariff on $300 billion worth of Chinese goods beginning Sept. 1. The announcement comes after U.S.-China trade talks ended this week without an agreement.

— NPR (@NPR) August 1, 2019

Trump says this about China, which is the US's largest trading partner by a significant margin: "If they don't want to trade with us anymore, that would be fine with me. It would save a lot of money." pic.twitter.com/7uCSQOhJCC

— Aaron Rupar (@atrupar) August 1, 2019

This is all on Trump. Investors hate his trade war, voters don't like it, clearly bad for the economy (10-year down to 1.89%, which tells the tale) But he remains convinced that he can bully China https://t.co/6X3xSZF9N5

— Paul Krugman (@paulkrugman) August 1, 2019

During previous rounds of talks, Trump claimed victory by saying China had promised to buy American farm products and stop the flow of fentanyl. Now he has discovered China did neither.

— Peter Baker (@peterbakernyt) August 1, 2019

BREAKING: Stocks slide from highs of the day as Trump tweets that while China talks continue, U.S. will put 10% tariff on remaining $300B of goods starting Sept. 1 https://t.co/jn8limUSe7 pic.twitter.com/OAMfdBxJwB

— CNBC Now (@CNBCnow) August 1, 2019

Wow! The US 10-year Treasury sinks to below 1.90% after #Trump says he will impose a 10% #tariff on the remaining USD 300 billion of imports from #China. pic.twitter.com/JQc0ict0kC

— jeroen blokland (@jsblokland) August 1, 2019

One important point about Trump's trade war: to a large extent it hasn't even reduced imports, just shifted them away from China to higher-cost sources. This trade diversion is a pure cost to the U.S. economy pic.twitter.com/62GzM5fItz

— Paul Krugman (@paulkrugman) August 1, 2019

Fed: "We're taking action because of uncertainty about the trade situation."

Trump: "It's 10%…could be 25%…could go up, could go down…could go in stages, or all at once…or it could go down in stages…but now it's going up…but who knows?…maybe it goes down"

— Tony Fratto (@TonyFratto) August 1, 2019

Texas Rep. Will Hurd, the only black Republican in House, says he won’t seek re-electionhttps://t.co/jz52MCMdhE

— Sahil Kapur (@sahilkapur) August 2, 2019

Two years ago @TimAlberta wrote this excellent profile about how Hurd represented the future of the GOP. Worth another read https://t.co/0R4e68myBE

— Haley Byrd (@byrdinator) August 2, 2019

Brutal thread about John Ratcliffe, Trump's Director of National Intelligence nominee https://t.co/I9lBUA3Pgp

— Aaron Rupar (@atrupar) August 1, 2019

This is not a good sign for Ratcliffe's prospects. The Republican chairman won't even say if he's qualified. The vice chairman says resume padding is "disqualifying." https://t.co/jfQ9q581w2 pic.twitter.com/w2MxGp1UFM

— Shane Harris (@shaneharris) August 1, 2019

"He who can make an exception is sovereign." Carl Schmitt 1922 https://t.co/M1UqfXZn6u

— reedgalen (@reedgalen) August 1, 2019

Three NRA board members resign after questioning allegations of spending by CEO https://t.co/aZCSKEBVpg pic.twitter.com/JsrJhkrLaF

— The Hill (@thehill) August 1, 2019

FBI warns that conspiracy theories like QAnon pose a domestic terror threat https://t.co/Dd88lPtROX

— Jeffrey Levin (@jilevin) August 1, 2019

I checked on the @nytimes website, and yes he really did write this column. No one should ever take David Brooks seriously again … https://t.co/i51EdlXbyg

— paulhogarth (@paulhogarth) August 1, 2019

The beclowning of American foreign policyhttps://t.co/g8ytroZ3DK

— Danielle Allen (@dsallentess) August 1, 2019

Brecon & Radnorshire, result:

LDEM: 43.5% (+14.3)
CON: 39.0% (-9.6)
BREX: 10.5% (+10.5)
LAB: 5.3% (-12.5)
MRLP: 1.0% (+1.0)
UKIP: 0.8% (-0.6)

— Britain Elects (@britainelects) August 2, 2019

“The leader of the Liberal Democrats, Jo Swinson, who visited the constituency four times in the run-up to the byelection, said the results showed that the country didn’t have to settle for Johnson or Jeremy Corbyn” https://t.co/lewDlvgMVJ

— Geoffrey M Hodgson 🔶 #FBPE (@g_m_hodgson) August 2, 2019

An official government document obtained by Sky News warned Britons living in EU countries could start returning home and there may be law and order challenges in Northern Ireland, while the pound will fall in the event of a no-deal Brexit https://t.co/MCe85v5PRB pic.twitter.com/aRwKyOoAlC

— Sky News Politics (@SkyNewsPolitics) August 1, 2019

You almost have to pinch yourself to remember that this is the Government’s own assessment of the implications of Boris Johnson’s stated No Deal Brexit policy. Utterly irresponsible. https://t.co/IeeODqK08z

— Hilary Benn (@hilarybennmp) August 1, 2019

Britain said it is ramping up preparations for a no-deal #Brexit by spending an extra $2.6 billion. Read more: https://t.co/Yb4ofUhj46 pic.twitter.com/5UudBOfwQ9

— Reuters Top News (@Reuters) August 1, 2019

There‘s no money for disability benefits.
There’s no money for social care.
There’s no money for schools.
There’s no money for child poverty.
But the Tories found another £2.1bn for a No-Deal Brexit.

Welcome to Britain: the land of warped priorities. https://t.co/o6epnlSB1M

— Frances Ryan (@DrFrancesRyan) August 1, 2019

Tomorrow's front page: Brexit Britain is on the brink of recession + National Galleries' take on Scottish migration from 1760-1860 entirely fails to mention the Clearances pic.twitter.com/R207ZZTBP4

— The National (@ScotNational) August 1, 2019

We should get on with making life disproportionately shittier for the poorest, says multimillionaire.https://t.co/tyz11X9ESh

— Simon Bruni (@SimonBruni) August 1, 2019

Christ Almighty but Jonathan Powell would make you long for the days when the UK had serious, intelligent people at the helm. Here he explains in simple, clear language why the backstop is absolutely essential, and why a hard Brexit will be a disaster for all of Ireland. https://t.co/hG2l6U37jm

— Dónal O'Keeffe (@Donal_OKeeffe) August 1, 2019

Guardian : Britain is less ready to cope with a No-Deal #brexit than it was in Spring

Official document warns of a risk of panic buying & civil disorder. #tomorrowspaperstoday pic.twitter.com/MFmai49BI9

— Darran Marshall (@DarranMarshall) August 1, 2019

The current melt rate in Greenland is what's projected for around the year 2070 as global warming worsens — using the most pessimistic model, @xavierfettweis said.

That melting has global implications for sea level rise. https://t.co/aELIolMdyh

— InsideClimate News (@insideclimate) August 1, 2019

More Americans have died in car crashes since 2000 than in both World Wars:
“Where’s the social outrage? There should be social outrage,” said Robert L. Sumwalt, chairman of the National Transportation Safety Board. https://t.co/xFteR6ZTuh via @ashleyhalsey3rd

— Faiz Siddiqui (@faizsays) July 31, 2019

Falling birthrate, ageing population. But who needs immigrants, hey? pic.twitter.com/P4nenZs17B

— Martin Barrow (@MartinBarrow) August 1, 2019

In a 1st, doctors in U.S. use CRISPR to treat sickle cell patient https://t.co/yChaccdLmR

— CRISPR News (@CRISPR_News) July 31, 2019

So, lemme get this straight: a million Tesla robotaxis by 2020, but by 2021 Teslas will still need a safety driver for a .8-mile dedicated tunnel underneath the Las Vegas Convention Center? https://t.co/BP1lKdEeNy

— Aaron W. Gordon (@A_W_Gordon) August 1, 2019

Octopus arms and elephant trunks and human tongues move in a fascinating way, which has now inspired a fascinating new kind of robot. https://t.co/Xi5fOhDRGZ

— WIRED (@WIRED) August 2, 2019