going mainstream in countries around the globe? i ll talk to two experts. but, first, here s my take. president biden says that combating inflation is his top domestic priority. but he certainly isn t acting that way. he has in plain sight several members that would reduce inflation significantly, and yet appears hesitant to do them. as many distinguished economists have noted, the repeal of most or all of donald trump s tariffs would be the single most effective way of reducing inflation 2349 near future. as a reminder, a tariff is a tax on goods paid by the american consumer who buys those goods. it is by definition inflationary. it raises the price of the good like an imported car. but it causes even more inflation than that because it raises the price of the domestically made equivalent good as well. if a mazda sells for more, ford and general motors also raise prices on their cars. the reverse logic applies as well. if you cut tariffs, that also has a broader effect.
President biden heading to israel this morning on a wartime journey that could prove to be the most important Foreign Mission of his administration to date. But even before touchdown, mr. Biden is encountering turbulence. It just might destroy any hope of warding off a full blown mideast battle. Good morning, everybody. Kevin corke In Washington with live one hour coverage. A special on the latest developments in the mideast. It is 3 a. M. Here in the nations capital, 10 a. M. In israel this morning. People there across in fact, across the mideast are waking up to growing concerns about a possible escalation of hostilities in the region. And now President Bidens efforts to tamp down the tensions are already facing a massive setback. The latest disturbing images from gaza explain why widespread carnage at a hospital once with wounded war victims and palestinians seeking shelter. At least 500 reported dead, many of them children. Israels military says it was a rocket fired by islamic. Ha
Erupting in the middle east out in streets in force. The Demonstration Ignited by israels response to the enter bret barbaric. Im bill hemmer, welcome to the coverage in new york city. Dana im dana perino. This is americas newsroom. It has been an incredible week. A heavy week. Bill we praise for what could come next. Dana israel is urging more than a Million People to evacuate in gaza and giving them 24 hours to do so. Bill hamas urging civilians to ignore the Evacuation Orders as israel masses forces for a difficult Ground Invasion. That operation would see troops scouring hundreds of miles of underground tunnels, hunting Hamas Terrorists where they live. Dana the u. S. Is on heightened alert after a former hamas leader called for a global day of rage. A live look at time square. There is no specific or credible threat but everyone should remain vigilant. Team fox coverage. Mike tobin in israel. We begin the trey yengst in the israel gaza border. Good morning, trey. Bill and dana, go
Alert. It is 9 p. M. On the east coast,e 6 p. M. On the west coast. It is 4 a. M. In gaza where the lights tonight again are out. Powehas beenpower has been seveu the city as israel now continueess to besiege hamas in preparation for what willultt be a full scale Ground Assault that could begin, frankly, at any moment. As Prime Minister Benjamin Netanyahu said, there bens some invasion will resonate with israels enemies fos forgee generations and will change the middle eas mt. At now, more than 100,000 Israeli Soldiers, they are now ga at gazas border. Over 300,000 reservists have been called up in only the last 48 hours. Ours. Residents of Gaza Reportede received this text messageceiv,t telling them to flee to egypt immediately, quote, you stay, you die. Now, i can tell you and i canf a promise you that a long time friend of israeleli minister nen Benjamin Netanyahu and i canya assure you that he means everything that he says and he will follow. Unlike your president , joe biden, who
Deescalation. That is the message from the us Secretary Of State, tony blinken just now, after israel launched the retaliatory strike against iran, overnight. Now blinken was just speaking from a g7 summit in italy, telling reporters pointedly that the United States was not involved in any Offensive Operations. As he also said, the focus for the United States and g7 remains deescalation you saw israel on the Receiving End of an unprecedented attack. But our focus has been on, of course, making sure that israel can effectively defend itself, but also so deescalating tensions avoiding conflict. And that remains our focus so israels strikes were in response to the missile and drone attack that iran launched last weekend. The early read this morning seems to be the israel in its response overnight was trying to avoid further escalation. A source in the region saying that the strikes are over around so far downplaying the hit coming at them. John. All right. Us officials confirm that israel