memeorandum: Anthony Scaramucci Turns Up At Hamptons Charity Event Featuring ... Joe Biden (Mary Papenfuss/HuffPost)

Trump wishes he'd raised tariffs even higher on China as trade war escalates — BIARRITZ, France — President Trump conceded regret about his escalating trade war with China Sunday morning before reversing course in the afternoon and saying he only wished he'd raised the tariffs higher.

Discussion: Politico, One America News Network and The Week

Rebecca Falconer / Axios:

China trade war: White House clarifies Trump comments about “second thoughts” — White House Press Secretary Stephanie Grisham clarified remarks that President Trump made at the G7 summit in Biarritz, France, in which he appeared to express regret about the United States' escalating trade war with China.

Discussion: Reuters, The Guardian and BizPac Review

NewsHound Ellen / Latest from Crooks and Liars:

Sen. Graham: Be Glad Trump's China Trade War Tanked Your 401(k)! — Sen. Lindsey Graham (Trump-SC) is A-OK with markets diving and prices spiking in a China trade war. But behind the scenes, he helped companies in SC avoid the pain. — Yesterday, after even Fox News host Martha MacCallum acknowledged …

Discussion: Hullabaloo

Yasmeen Serhan / The Atlantic:

Boris Johnson's G7 Balancing Act — The summit has forced the British prime minister to navigate divided priorities: Europe and Trump. — Boris Johnson has spent the first month of his premiership holding bilateral talks with Britain's allies in the European Union and in the United States.

Associated Press:

Trump signals some regret on China trade war — BIARRITZ, France (AP) — President Donald Trump signaled regret Sunday for an escalating trade war with China, as he faces a tense reception from world leaders meeting amid mounting anxiety of a global economic slowdown at the Group of Seven summit in France.

Discussion: Axios, The Week and Reuters

Associated Press:
The Latest: G-7 leaders meeting on threats to global economy

Discussion: One America News Network

Associated Press:
The Latest: Trump expresses confidence on Brexit talks

Discussion: Meduza.io

Michael D. Shear / New York Times:
Trump Aides Slam French for Focusing on ‘Niche Issues’ at G7

Discussion: The Guardian and Bloomberg

Wall Street Journal: G-7 Summit Off to Rocky Start as U.S. Officials Assail France

Washington Post:
‘Senseless disputes’: E.U.'s Tusk says Trump's trade wars are damaging global economy

Discussion: Politico, One America News Network and UPI

CNN:

Under Trump, the deficit has ballooned, exploding a GOP myth — Julian Zelizer is a professor of history and public affairs at Princeton University, and author, with Kevin Kruse, of the new book “Fault Lines: A History of the United States Since 1974.” Follow him on Twitter at @julianzelizer.

Teresa Ghilarducci / Forbes:

Trump's Second-Term Plan For Social Security: Starve The Beast — I am an economics professor focusing on retirement security and jobs. — “> In using deficit fears to target entitlement programs, many Republicans are hoping to use Trump's second term to cut Medicare and Social Security.

Lachlan Markay / The Daily Beast:

Steve King Is Broke And Has Been Abandoned by His Colleagues as He Runs for Re-Election — It turns out that there are some actual political consequences for a congressman sounding off repeatedly about white supremacy and abortion. — As he gears up for a difficult re-election cycle, Rep. Steve King's campaign is strapped for cash.

Mary Papenfuss / HuffPost:

Anthony Scaramucci Turns Up At Hamptons Charity Event Featuring ... Joe Biden — Biden trumpets fight for “soul of the nation.” The Mooch says he's still a Republican, and searching for a GOP candidate to challenge Trump, who has “lost his mind.” — President Donald Trump's former long …

Discussion: Political Wire

Rick Wilson / New York Daily News:

The great crackup: Trump is coming even more undone — “Our great American companies are hereby ordered...” — The subtle meter in Americans' brains that tracks the degree to which the universe seems off its axis has been in a state of constant flux since Donald Trump's election in 2016 …

Discussion: The American Spectator, The Guardian and Mother Jones

Binyamin Appelbaum / New York Times:

Blame Economists for the Mess We're In — Why did America listen to the people who thought we needed “more millionaires and more bankrupts?” — Mr. Appelbaum is a member of The New York Times Editorial Board and the author of the forthcoming “The Economists' Hour: False Prophets, Free Markets and the Fracture of Society.”

Will Steakin / ABC News:

EXCLUSIVE: Joe Walsh announces Republican primary challenge against President Trump — Conservative firebrand former Illinois Rep. Joe Walsh announced Sunday in an exclusive interview with ABC News Chief Anchor George Stephanopoulos on ABC's “This Week” that he's launching …

Discussion: Axios, CBS Chicago, Associated Press and Mediaite

Tyler Pager / Bloomberg:

Virtual Caucus at Risk After DNC Experts Hacked Conference Call — Iowa, other state officials outraged that system may change — Democrats required states to try a virtual option in 2020 — The Democratic National Committee has raised substantial cybersecurity concerns over virtual caucusing …

Michelle Goldberg / New York Times:

Mazel Tov, Trump. You've Revived the Jewish Left. — ‘Only one political party is quite literally inciting white nationalists to shoot up our synagogues.’ — On Aug. 11, more than 1,000 people marked Tisha B'Av, the saddest day in the Jewish calendar, by occupying an Amazon Books store in Manhattan …