*By Alisha Haridasani*
President Trump on Sunday lashed out against Iranian president Hassan Rouhani on Twitter, deepening the tension between the two countries.
“Never, ever threaten the United States again,” the president admonished in an all-caps [tweet](https://twitter.com/realDonaldTrump/status/1021234525626609666). “You will suffer consequences the likes of which few throughout history have ever suffered before.”
Trump’s tweet followed Rouhani’s own incendiary message for the U.S., which warned the American president not to “play with the lion’s tail,” because a war with Iran would be the “mother of all wars.”
Throughout his presidency, Trump has decried America's softening relationship with Iran. In May, he withdrew from the landmark nuclear deal, agreed to in 2015 by Iran and a group of world powers, and reinstated sanctions against the country. Last month, the United States also explored sanctioning all of Iran’s oil exports.
Trump’s message to Iran echoes a tweet he addressed to the North Korean leader Kim Jong-un last year. Relations with North Korea took a surprising turn after that, culminating in a historic meeting between the two leaders in Singapore in June.
The White House budget office says mass firings of federal workers have started in an attempt to exert more pressure on Democratic lawmakers as the government shutdown continues.
President Donald Trump says “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths needed for American industry. The Republican president suggested Friday he was looking at a “massive increase” of import taxes on Chinese products in response to Xi’s moves. Trump says one of the policies the U.S. is calculating is "a massive increase of Tariffs on Chinese products coming into the United States." A monthslong calm on Wall Street was shattered, with U.S. stocks falling on the news. The Chinese Embassy in Washington hasn't responded to an Associated Press request for comment.
Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate this year, minutes from last month’s meeting showed.
From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around 8:30 a.m. eastern, as everyone awaits the Labor Department’s monthly jobs report.
The Supreme Court is allowing Lisa Cook to remain as a Federal Reserve governor for now.
Rep. John Moolenaar has requested an urgent briefing from the White House after Trump supported a deal giving Americans a majority stake in TikTok.
