The UK government has reversed its plan to impose a 20% inheritance tax on farms, partly due to protests, political pressure from rural Labour MPs, and concerns over public perception, especially after Labour's recent election victory. The change, costing £130m, highlights the government's reactive approach to controversial policies and ongoing political calculations.
Former President Donald Trump campaigned in Ottumwa, Iowa, drawing a crowd of 2,500 as part of his efforts to secure support for the Jan. 15 caucuses. Trump targeted areas in eastern Iowa that were traditionally Democratic but have shifted towards Republicans due to the decline of trade unions and support for his trade policies. He emphasized his administration's renegotiation of the U.S. trade pact with Canada and Mexico, which remains popular in the region. Trump also visited a soybean farm in Leighton, where he touted his trade policy as beneficial for farmers. Meanwhile, his Republican rivals are seeking support to challenge him in the caucuses.