The Parallax logo

The Parallax

Archives
Log in
Subscribe
July 25, 2026

The Parallax Jul 25 — Trump Delivers Hour-Long Speech at Rescheduled White House Correspondents' Dinner

The Parallax - Saturday, July 25, 2026

THE PARALLAX

Multiple angles. One picture.

Saturday, July 25, 2026

🎧 Listen to today's edition (5 min)

🏛️ POLITICS

Story 1 of 9 (~3 min read)

Trump Delivers Hour-Long Speech at Rescheduled White House Correspondents' Dinner

President Donald Trump attended the rescheduled White House Correspondents' Association Dinner on Friday at Washington D.C.'s Waldorf Astoria hotel, three months after an armed gunman disrupted the original April 25 event. Trump delivered an approximately one-hour speech that opened with jokes and condemnations of political violence before shifting to attacks on Democrats and the press. He made quips about running for a third and even a "fourth" term, roasted members of his own Cabinet, and mocked prominent Democrats including J.B. Pritzker, Chuck Schumer, and Gavin Newsom. WHCA President Weijia Jiang of CBS News opened the evening by declaring, "We are back. We will not be intimidated."

How it's being covered:

NPR reports that Trump returned to the dinner three months after the shooting, delivering a "rambling, hour-long speech." (link)

The Guardian reports the speech "started well enough but quickly moved to the usual insults, taunts, jokes and grievances," and notes the event took place a day after the Trump administration abandoned a bid to subpoena reporters. (link)

Axios reports Trump opened with jokes and self-deprecating humor before "descending into a litany of familiar complaints about reporters and prominent Democrats," and also condemned political violence. (link)

Fox News reports Trump "scrapped his combative speech for a unity-themed address" while still taking "familiar jabs" at Democratic opponents and members of his own Cabinet. (link)

Washington Examiner reports the speech covered topics ranging from 2028, term limits, and media tension, describing it as "at times unifying, at other times polarizing" and "laced with lots of jokes." (link)

Al Jazeera reports Trump "makes jokes, mocks opponents" at a dinner "that was halted by a shooting in April." (link)

Story 2 of 9 (~2 min read)

DNC Panel Votes to Keep South Carolina First in 2028 Presidential Primary

The Democratic National Committee's Rules and Bylaws Committee voted Friday to retain South Carolina as the first state in the party's 2028 presidential primary calendar, defeating a bid by Nevada for the coveted opening slot. The decision followed a "contentious, racially fraught debate," with South Carolina supporters arguing the state's large Black population — the party's most loyal voting bloc — deserved to weigh in first. Nevada, New Hampshire, New Mexico, Michigan, and Virginia were also assigned early contest dates. The full DNC must still ratify the committee's decision.

How it's being covered:

NPR reports Democrats chose South Carolina first, then Nevada, in an effort to "prioritize Black and Latino voters" ahead of the next presidential cycle. (link)

The Guardian reports the DNC move "aims to better represent views of party's racially diverse voter base," and notes South Carolina received "a slim majority" of the committee vote. (link)

Axios reports the vote was "contentious" and "racially fraught," calling it "a coup for Black leaders" who argued South Carolina's position was deserved. (link)

Fox News reports the DNC panel picked South Carolina "after battle over key voting blocs," defeating Nevada in the committee vote. (link)

Story 3 of 9 (~2 min read)

Trump Orders Warning Signs Posted Outside Smithsonian History Museum

President Trump signed an executive order directing the Interior Department to display signs on federal sidewalks outside the Smithsonian National Museum of American History accusing the institution of historical inaccuracy. The order also directed the creation of a temporary exhibit intended to offer what the administration considers a corrective account of American history. The Trump administration has repeatedly accused the Smithsonian of focusing too heavily on injustices in American history at the expense of more triumphant national narratives.

How it's being covered:

The Guardian reports the order directs signs that "accuse the institution of inaccuracy," with Trump and allies saying it "politicized" the museum by focusing too much on injustices. (link)

BBC reports the Trump administration "has often accused the world's largest research museum of harbouring an anti-American bias." (link)

Fox News reports the executive order targets "federal sidewalks outside the Smithsonian to post signs directing visitors to a White House report on the museum." (link)

NY Post reports Trump also directed the creation of "a temporary exhibit intended to correct what his administration considers inaccurate historical information." (link)

🌍 WORLD

Story 4 of 9 (~2 min read)

U.S. Airstrikes on Iran Continue as Trump Weighs "Massive" Escalation; Hormuz Coalition Planned

The United States continued airstrikes on Iran for a 13th consecutive night while Tehran launched retaliatory attacks on U.S. targets in the Gulf. Trump told reporters he was close to deciding whether to launch "a massive attack." Separately, Axios reported the U.S. and U.K. are planning a high-level international conference in London next week to build a coalition aimed at protecting maritime shipping through the Strait of Hormuz — a key element of any U.S. exit strategy from the conflict. Prime Minister Benjamin Netanyahu is set to visit Trump at the White House on Tuesday.

How it's being covered:

NPR reports Trump "threatens a major escalation in Iran after 13 straight nights of strikes," with Tehran launching retaliatory attacks on U.S. Gulf targets and Trump saying he was close to deciding on a "massive attack." (link)

Al Jazeera reports Trump stated the U.S. remains "'locked and loaded' while pursuing diplomatic talks with Iran." (link)

Fox News reports Trump's campaign now "focuses on reopening the Strait of Hormuz, but no clear conditions exist for ending strikes as nuclear talks stall." (link)

Axios reports the U.S. and U.K. are planning a conference in London focused on "a potential international coalition to protect maritime shipping in the Strait of Hormuz," describing reopening the strait as "a key element of any U.S. exit strategy." (link)

Story 5 of 9 (~2 min read)

Wildfires Force 200,000+ Evacuations Near Madrid and Bordeaux

More than 200,000 people were evacuated from towns in central Spain and southern France overnight as uncontrolled wildfires approached the cities of Madrid and Bordeaux. Spain declared a national emergency while France appealed for international firefighting assistance. Officials in Madrid described it as the "worst fire in the history of the region."

How it's being covered:

Bloomberg reports Bordeaux suburbs are at risk as over 200,000 people fled uncontrolled wildfires moving toward both Madrid and Bordeaux. (link)

Al Jazeera reports France has "appealed for international help, while Spain has declared a national emergency." (link)

BBC reports French firefighters are battling a blaze "heading towards Bordeaux" while Madrid officials say they face the "worst fire in the history of the region," with more than 220,000 evacuated. (link)

Story 6 of 9 (~2 min read)

India's Education Minister Resigns Amid Widening "Cockroach" Protest Movement

India's education minister resigned Friday following weeks of nationwide student protests that erupted over exam leakage scandals. Thousands of demonstrators took to the streets in Delhi and other cities as part of the "Cockroach" protest movement, demanding broader educational reform. Prime Minister Narendra Modi released a video message thanking the nation's youth but gave no indication he would meet protesters' demands, while police were filmed firing pellet guns at demonstrators.

How it's being covered:

Al Jazeera reports India's education minister resigned "after weeks of 'Cockroach' protests," describing it as breaking news. (link)

Bloomberg reports Modi "sidesteps exam leaks in video as India protests spread," noting he offered no indication he would meet the key demand to remove the education minister. (link)

BBC reports thousands marched in Delhi "calling for educational reforms," with videos showing officers firing pellet guns at protesters. (link)

⚽ SPORTS

Story 7 of 9 (~2 min read)

LeBron James Signs with Philadelphia 76ers for Record 24th NBA Season

LeBron James, 41, announced Friday he is signing with the Philadelphia 76ers on a two-year, $8 million deal with a player option, marking his fourth franchise move in a career spanning a record 24 NBA seasons. Klutch Sports Group CEO Rich Paul confirmed the terms to ESPN. James addressed the signing on X, stating he had "strongly considered" retirement before choosing Philadelphia. His departure ends an eight-year tenure with the Los Angeles Lakers.

How it's being covered:

The Guardian reports the deal is "two years, $8m with player option" and includes James's own statement that it came "after he strongly considered retirement," with analysis noting the move is "perfectly in character" for a player who has "always prioritized fit." (link)

NY Post breaks down the Knicks and 76ers rosters in the aftermath of the signing, noting Philadelphia is set to be "one of the Eastern Conference's contenders next season." (link)

Daily Wire reports James, 41, "took to social media to announce his fourth free-agency decision," stating he believes he "can" contribute with Philadelphia in the 2026-2027 season. (link)

📈 MARKET SIGNALS

Story 8 of 9 (~2 min read)

Trump Imposes New Tariff Wave; Revenue Replaces Only 60% of Struck-Down Duties

President Trump overnight replaced expiring tariffs — invalidated by the Supreme Court in February — with a new slate of import duties citing forced labor concerns. The replacement tariffs would raise approximately $105 billion annually, roughly 60% of the revenue generated by the original emergency tariff regime, according to the Committee for a Responsible Federal Budget. The new levies reduced the EU's previous 15% tariff to 10%, the same rate secured by the UK under its Turnberry deal, though experts say UK businesses are now at a disadvantage in sectors not covered by that agreement.

How it's being covered:

Axios reports the administration's new tariffs "would raise about $105 billion a year — replacing about 60% of the revenue lost when the Supreme Court invalidated the administration's emergency tariff regime." (link)

NPR reports Trump "is hellbent on tariffs," noting his determination to find new legal justifications "threatens to prolong the uncertainty facing the U.S. and global economies," and lists five economic implications of the new tariffs. (link)

BBC reports the new levies were "imposed citing forced labour concerns" and replace "a temporary global duty brought in after the US Supreme Court struck down tariffs in February." (link)

The Guardian reports UK businesses are now at "a disadvantage against the EU" in sectors not covered by the Turnberry deal, even though the UK's overall tariff rate is unchanged. (link)

Story 9 of 9 (~2 min read)

Trump Threatens EU With Additional Tariffs After Google's €890 Million Fine

President Trump threatened the European Union with "substantial" additional tariffs after Brussels imposed a series of steep fines on American tech companies, including a roughly €890 million ($1 billion) antitrust fine on Google. In a Truth Social post, Trump accused the EU of taking "direct aim" at American companies including Apple, Meta, Amazon, and Google, and said the fines should be "entirely reversed."

How it's being covered:

The Guardian reports Trump threatened "additional and 'substantial' tariffs" after Brussels fined multiple U.S. tech giants, with Trump accusing the EU of using American companies as a "PIGGYBANK." (link)

Al Jazeera reports the EU accused Google of "favouring its own services in search results" while Trump "lashes out against bloc." (link)

BBC reports Trump "vows to investigate EU over fining of US tech companies," demanding the fines be "entirely reversed." (link)

Daily Wire reports Trump accused Europe of treating the United States like its own "PIGGYBANK" and threatened "substantial" tariffs in retaliation. (link)

⚡ QUICK HITS

⚡ Paramount Pauses Warner Bros. Merger Amid Multistate Antitrust Lawsuit — Paramount Skydance agreed to delay its $110 billion acquisition of Warner Bros. Discovery until at least June 2027 to avoid a court fight over a preliminary injunction, with the delay potentially costing Paramount $1.7 billion in fees if the deal doesn't close in time. (link) (link) (link)

⚡ Houthis Escalate Red Sea Attacks; Supertanker U-Turns at Bab el-Mandeb — A Hong Kong-flagged supertanker bound for Saudi Arabia reversed course before reaching the Houthi-controlled chokepoint, as the U.S. military reported disabling a tanker attempting to evade its blockade on Iranian ports and oil surged past $100 per barrel. (link) (link) (link)

⚡ ICC Chief Prosecutor Karim Khan Removed Over Sexual Misconduct Allegations — ICC member states voted to remove chief prosecutor Karim Khan, nearly two years after allegations emerged that he engaged in an improper sexual relationship with a junior staff member and sought to obstruct her complaint; Khan has denied the allegations. (link) (link)

⚡ Tony Romo Arrested on Suspicion of DUI in Wisconsin — CBS NFL analyst and former Dallas Cowboys quarterback Tony Romo was taken into custody Thursday after performing poorly on field sobriety tests during a traffic stop on Interstate 43 in Milwaukee County; a first-offense OWI is not a criminal charge in Wisconsin. (link) (link)

Don't miss what's next. Subscribe to The Parallax:
← Newer The Parallax Jul 26 — Federal Appeals Court Blocks Trump Mail-In Voting Order in 23 States Older → The Parallax Jul 24 — Trump Imposes New Wave of Tariffs on 80+ Countries Under "Forced Labor" Authority
Powered by Buttondown, the easiest way to start and grow your newsletter.