And we start today's other headlines with the ongoing trade wars. President Trump says that

tariffs on Chinese imports will stand at 55 percent after U.S. and Chinese negotiators reached a framework

agreement after two days of talks. But that figure appears to be a combination of levies already

in place and no details of the agreement have been made public. Writing on social media,

Mr. Trump said the deal is done, adding that China will resume trading rare earth minerals and

other components that are critical for electronics manufacturing. In return, the administration

would drop its plans to revoke visas from Chinese students studying in the U.S., among other

concessions.

But the president also said today that he and Chinese President Xi Jinping would have to

sign off on any final deal. Against the backdrop of those ongoing China tariffs, new data

show that U.S. consumer prices rose slightly last month. The U.S. Labor Department reported today that inflation rose 2.4 percent in May compared to the U.S. consumer prices rose slightly last month. The U.S. Labor Department reported today that

inflation rose 2.4 percent in May compared with the year ago. That's up slightly from a month before,

but actually less than expected as higher costs for groceries and large appliances were offset

by falling prices for cars and hotel rooms. Economists say the data suggests that companies have been holding off on passing on the cost

of tariffs to consumers, at least for now.

The EPA is seeking to roll back Biden-era rules that limit the greenhouse gases emitted

from U.S. coal and gas power plants.

The agency also aims to loosen regulations on emissions of certain toxic substances like mercury.

They're the latest efforts by the Trump administration to reverse policies aimed at curbing climate change.

EPA administrator Lee Zeldin says the effort will cut costs and free the industry from standards that he calls gratuitous.

Rules were enacted seeking to suffocate our economy in order to protect the environment,

seeking to make all sorts of industries, including coal and more, disappear, regulate them out of existence?

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