Over 120 people have died after heavy rain pounded Kerr County, Texas, early Friday, leading to "catastrophic" flooding, the sheriff said.

President Donald Trump met with victims' families and surveyed the damage of catastrophic floods that struck the state one week ago.

Get the latest news on President Donald Trump’s second term in the White House and the Republican-led Congress.

The U.S. will put in place a 25% tariffs on imports from Japan and South Korea starting on Aug. 1, according to letters posted by President Donald Trump on his social media platform on Monday. Trump already delayed the high tariff rates against dozens of U.S. trade partners that he rolled out on April 2 until Wednesday.

President Donald Trump was expected to arrive in Kerr County, Texas, Friday afternoon, one week after the area was struck by catastrophic flooding.

The Dow, S&P 500 and Nasdaq retreat from record highs as President Trump rolled out a fresh tariff against Canada, following Brazil hit. Meanwhile, the Federal Reserve and Chairman Powell are under fire for spending on renovations.

Latest news and live updates as Marco Rubio meet with Russian foreign minister amid tensions over Ukraine and Trump releases tariff letters to trading partners.