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Trump signs sweeping One Big Beautiful Bill into law, enacts major tax cuts and deportation drive

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US President Donald Trump has signed into law his flagship legislation, dubbed the “One Big Beautiful Bill,” coinciding with the United States’ 249th Independence Day celebrations. The nearly 900-page legislation, passed with the support of Republican leaders in Congress, aims to fulfill a series of promises made during Trump’s presidential campaign — including extending tax cuts, reinforcing immigration enforcement, and bolstering military strength.

Major tax reforms and business incentives

At the heart of the new law is a massive $4.5 trillion package of tax cuts aimed at both individuals and businesses. With previous Trump-era tax reductions set to expire by year-end, this legislation makes many of those cuts permanent. New deductions have also been added — including ones for overtime pay, tipped income, and auto loan interest.

Seniors earning under $75,000 annually will receive a $6,000 deduction, while the child tax credit will increase from $2,000 to $2,200, although lower-income families may not benefit fully. The cap on state and local tax deductions has been raised to $40,000 for five years.

Businesses stand to gain substantially, with 100% immediate write-offs for equipment and research spending. However, critics point out that the wealthiest households will see an average tax benefit of $12,000, while the poorest could lose $1,600 per year due to cuts in welfare programs.

Border wall funding and aggressive deportation plans

Trump’s bill allocates $350 billion to his border security initiatives, which include expanding the U.S.-Mexico border wall and increasing migrant detention capacity to 100,000 beds. The legislation also funds 10,000 new Immigration and Customs Enforcement (ICE) agents, each receiving a $10,000 signing bonus, and a surge in Border Patrol recruitment.

Additionally, new fees will apply to immigrants, especially those applying for asylum, as part of the financial framework supporting Trump’s aim of deporting up to one million individuals annually.

Increased defence spending and missile shield development

The Pentagon receives a major funding boost for naval shipbuilding, weapons development, and personnel welfare. The bill also designates $25 billion for the early development of a U.S.-based “Golden Dome” missile defense system, modeled after Israel’s Iron Dome. The system is expected to be operational by 2029, with an estimated total cost of $175 billion.

Deep cuts to Medicaid and food assistance

In a controversial move, the legislation enforces strict new eligibility criteria for social welfare programs. Adults up to age 65 will need to work at least 80 hours a month to qualify for Medicaid or food stamps, even parents of teenagers. A new $35 co-payment may also be charged to Medicaid users. Planned Parenthood and similar providers that offer abortion services are temporarily barred from receiving Medicaid reimbursements for a year.

The Congressional Budget Office estimates that over the next decade, the bill will increase the federal deficit by $3.3 trillion.

Energy policy rollbacks and space funding

Tax incentives for renewable energy projects have been significantly cut, including an early expiration for electric vehicle tax credits now set for September 30, 2025, rather than 2032.

Conversely, funding has been approved for ambitious space programs, including billions for NASA’s Artemis moon mission and exploration of Mars. The bill also provides $88 million for pandemic response oversight and includes a $5 trillion hike to the national debt ceiling.

Other key provisions

The legislation introduces “Trump Accounts,” a new federal savings initiative for children, with a $1,000 initial deposit. It also imposes a 1% excise tax on money transfers abroad and on university endowments, while eliminating taxes on gun silencers and short-barreled firearms.

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Magnitude 7 earthquake strikes Tibet after floods

A magnitude 7 earthquake struck northern Tibet on Thursday, October 22. The tremor came weeks after deadly flash floods and landslides hit the mountainous region near the Nepal-China border. Initial reports did not confirm casualties or damage from the earthquake.

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A powerful earthquake measuring magnitude 7 struck northern Tibet on Thursday, October 22, weeks after deadly flash floods and landslides devastated parts of the mountainous region near the Nepal-China border.

The earthquake struck the Nagqu region of Tibet, according to initial reports from earthquake monitoring agencies. The tremor occurred at around 10:33 pm local time in China, with the epicentre located in a county in northern Tibet.

The earthquake was reported at a depth of around 10 kilometres by China’s Earthquake Networks Center. The United States Geological Survey also reported the magnitude 7 tremor, placing its depth at approximately 18 kilometres.

There were no immediate confirmed reports of casualties or property damage following the earthquake, according to initial information available after the tremor.

Earthquake strikes northern Tibet

The earthquake occurred in the Nagqu region, approximately 400 kilometres from Lhasa, the capital of Tibet.

The tremor was recorded on Thursday evening, with monitoring agencies reporting slightly different estimates of its depth. China’s Earthquake Networks Center placed the epicentre at a depth of 10 kilometres, while the US Geological Survey reported a depth of 18 kilometres.

Further information about the earthquake’s impact was awaited at the time of the initial reports.

Tibet earthquake follows deadly flash floods

The earthquake struck weeks after devastating flash floods and landslides affected the mountainous region along the Nepal-China border in late August.

The earlier disaster followed an ice-and-rock avalanche near the border on August 26, triggering flash floods that swept through downstream areas. Homes, roads, bridges and power infrastructure were among the structures affected, while rescue and recovery operations continued in the aftermath.

The floods caused extensive destruction and left thousands of people dead or missing across the affected region, according to reports published after the disaster.

The latest earthquake is a separate event from the earlier avalanche and flooding disaster. An assessment of its effects was not immediately available.

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Macron rejects Trump’s immigration claims over France riots

French President Emmanuel Macron criticised Donald Trump and other foreign leaders over their comments on France’s recent unrest. Macron rejected claims that the country was being overrun by migrants and Islamists, calling such assertions false.

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French President Emmanuel Macron has criticised US President Donald Trump and other foreign leaders for their remarks about the recent unrest in France, accusing them of using the situation to advance their political agendas.

Speaking to reporters in Doha on Wednesday, October 21, Macron said foreign manipulation of information following the violence and looting had led to comments he described as “unacceptable” and “stupid”.

When asked whether he was referring to Trump, Macron replied, “Among others.”

The remarks came after Trump attributed the unrest in France to immigration and urged European countries to tighten their borders. Macron rejected claims that France had been overrun by migrants and Islamists, describing them as false.

Macron rejects claims linking unrest to immigration

Trump had argued that immigration was responsible for the violence in France, dismissing other explanations related to education and social concerns. He also urged Macron to close France’s borders, warning that the country faced serious consequences if it failed to act.

In a post on his social media platform Truth Social, Trump claimed that immigration had damaged France and called on the country to regain control of its borders.

Macron pushed back against this narrative, saying that some foreign leaders were repeating misleading claims about the situation. He also highlighted the circulation of artificial intelligence-generated images that depicted events he said had never taken place in France.

The French president said claims that the country had been invaded by large numbers of migrants and Islamists were “completely false”.

Macron argued that some politicians were using France’s domestic situation to support their own political campaigns, particularly as elections approach in their respective countries.

French minister offers to counter misinformation

French Foreign Minister Jean-Noel Barrot said his office could provide clarification to countries concerned about the situation.

He said the aim was to help prevent the spread or amplification of false information and unsupported claims on social media.

Macron also criticised those speaking negatively about France during the unrest, saying that foreign leaders should not exploit the country’s difficulties for political purposes.

Protests driven by rising living costs

The unrest followed demonstrations over rising living costs, inflation and concerns about public services. The protests initially involved students demanding more teachers and better school conditions before expanding to include trade unions and others concerned about economic pressures.

Violence and looting subsequently affected Paris and other French cities.

The French interior ministry estimated that 550,000 people took part in the nationwide demonstrations, while the CGT trade union put attendance at 800,000. The demands reported in connection with the demonstrations centred on living costs and public services rather than immigration.

The French government has faced pressure to prevent further violence, with additional demonstrations planned in the coming days.

Macron said France had the means to maintain order and indicated that a state of emergency was not necessary at that stage.

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Marco Rubio says India and US share extraordinary alignment on key issues

US Secretary of State Marco Rubio said India and the United States share an extraordinary alignment on core issues, even though disagreements between the two countries may arise.

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US Secretary of State Marco Rubio has described the relationship between India and the United States as one marked by an “extraordinary alignment” on important national interests, while acknowledging that the two countries may disagree on certain matters.

Speaking at a ‘Freedom 250’ reception in Mumbai on Tuesday during his visit to India, Rubio said the partnership between the two countries could play a significant role in shaping the 21st century. He emphasised the importance of cooperation between the two nations on issues that affect their respective national interests.

Rubio highlights shared priorities in the Indo-Pacific

Rubio identified the need for a free and open Indo-Pacific as a key area of common ground between New Delhi and Washington. He said both countries had an interest in ensuring that no nation claimed dominance over international shipping routes.

He acknowledged that disagreements between countries were inevitable but said the alignment between India and the US on core issues remained significant, particularly given the size and influence of both nations.

Rubio also described India as a powerful, influential and advanced country, calling it a strong geopolitical partner for the United States.

India-US relationship could shape the 21st century

Rubio said the partnership between the two countries could help shape the course of the coming decades. He pointed to shared values, including individual dignity, democratic principles and the rule of law, as common ground between the two nations.

He also noted that decisions being taken today on geopolitics, economics, trade and commerce would have consequences for future generations.

The US Secretary of State said he believed the relationship between India and the United States could positively influence what the 21st century looks like.

Trade ties remain an important part of the relationship

Rubio’s remarks come amid ongoing discussions between India and the United States over trade and other bilateral issues.

Earlier on Tuesday, he said the two countries were very close to signing a bilateral trade agreement, with a small number of outstanding points still to be resolved.

Trade relations have faced challenges over tariffs, India’s purchases of Russian oil and US immigration policies. Despite these differences, Rubio’s comments underscored Washington’s emphasis on the broader strategic partnership with New Delhi.

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