After months of promises to overhaul or eliminate the Federal Emergency Management Agency, President Donald Trump is touting a fast and robust federal response to the devastating Texas floods. One former agency leader says it’s “a defining event that can help them realize that a Federal Emergency Management Agency is essential.” Trump also teased that he’ll declare more tariffs against U.S. trading partners ahead of his latest Aug. 1 deadline for negotiations. The 27-member European Union hopes to seal a trade deal ahead of that date, and meanwhile is preparing retaliatory measures against American products, from beef to Boeing jets.