Trump admin updates: Trump marks 1 year since assassination attempt in Butler, PA

President Donald Trump was asked on Wednesday for his reaction to the IRS saying churches can endorse political candidates without losing their tax-exempt status.

"I love the fact that churches can endorse a political candidate," he said.

"If somebody of faith wants to endorse, I think it's something that I'd like to hear. And I'd also I can guarantee you, the people that they're with every Saturday or Sunday or whatever it is they're with, they want to hear from these people. And it was a very severe penalty. Those people were not allowed to speak up. Now they're allowed to speak up. No, I think it's terrific," Trump added.

President Donald Trump posted several more trade letters on his social media platform on Wednesday morning, sharing the tariff rates for the following countries that will go into effect on Aug. 1.

The letters show a 30% tariff rate against Algeria, a 25% rate against Brunei, a 30% rate against Iraq, a 30% rate against Libya, a 25% rate against Moldova and a 20% rate against the Philippines.

As the president has touted a near completion of a trade deal with the European Union and India, he has yet to release their letter or deal.

-ABC News' Kelsey Walsh

President Donald Trump's schedule on Wednesday includes a 12:05 p.m. ET lunch with the leaders of five African nations in the State Dining Room.

Trump reportedly invited the leaders of Gabon, Guinea-Bissau, Liberia, Mauritania, and Senegal to Washington to discuss areas of cooperation, including economic ties.

President Donald Trump and Israeli Prime Minister Benjamin Netanyahu met again Tuesday at the White House, where they focused their discussion on efforts to release the remaining hostages held by Hamas, Netanyahu said.

The pair spoke about Israel "not relenting, even for a moment" in its determination to free those who are still being held, the Israeli leader said in a statement released by his office on Wednesday. Israeli officials said Sunday that Hamas is still holding 50 hostages, including 20 who are thought to be alive.

"But we are determined to achieve all of our objectives: The release of all of our hostages -- the living and the deceased, and the elimination of Hamas's military and governing capabilities, thereby ensuring that Gaza will never again constitute a threat to Israel," Netanyahu said.

The administration hosted Netanyahu at a state dinner on Monday evening. Netanyahu said Wednesday he also met briefly with Vice President JD Vance at the White House.