Outfront next, breaking news, a $300 million hit.

That is what one iconic American brand is warning Trump's tariffs will cost it.

Trump's trade war now hanging by a thread as the courts weigh in this hour.

Plus, breaking news are K-File and covering a number of derogatory comments by the Kennedy Center's new vice president of development.

So K-Files started asking questions and suddenly a man was fired.

And a massive explosion, a Russian war hero killed on a public street deep inside Russia.

How will Putin respond? Let's go out front.

And good evening. I'm Aaron Burnett. Outfront tonight, the breaking news, $300 million.

That's what an iconic American brand, Gap, says it stands to lose because of Trump's tariffs.

The company's stock plunging 15% in after-hours trading. I mean, look at that line. 15% drop. And then moments later,

Trump's Treasury Secretary just came out with a stunning admission. This is just moments ago,

Treasury Secretary Besson. I would say that they are a bit stalled. I believe that we will be having more talks with them

in the next few weeks.

And I believe we may at some point

have a call between the president and party chair,

she.

I just want to be clear, that is a stunning admission. To say that trade talks with a single most

important country on the planet in trade talks, he would say, I would say they are a bit stalled.

That is massive. Anytime there is news regarding China trade talks, it moves the markets by a lot.

So while the world waits to see what happens here with this latest

admission, the reality is that President Trump's trade war is now hanging by a threat after a flurry

of court activity. As we speak, the White House is doing a victory lap after a federal appeals court

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