Donald Trump News

Subscribe to enjoy similar stories. US Republicans have long thought that what the federal government does can be done better, faster or cheaper by the private sector. So it should not shock anyone that US Treasury Secretary Scott Bessent recently revealed a larger agenda that sheds light on the Trump administration’s seemingly indiscriminate cuts to federal workers and agencies.

AtlasIntel, the nation's most accurate polling firm, Donald Trump's approval rating has dropped significantly. Economic uncertainty and contentious tariff policy decisions seem to be weighing on public opinion. As the US President faces critical challenges, his approval ratings could fluctuate even more in the coming weeks.

Donald Trump's reciprocal tariffs against other countries come into effect may not be as menacing as it seems because there is little clarity on how the tariffs will be imposed and Treasury Secretary Scott Bessent has put a twist in Trump's policy. It seems the policy is a work in progress, and nobody is yet sure how it will take effect. Reciprocal tariffs roughly mean hiking rates on imports to match the level that other countries apply to US products.

Even as the economy undergoes what may be wrenching changes, the Federal Reserve on Wednesday is expected to signal it could cut its key interest rate twice this year — the same forecast it issued in December

Gold price on Wednesday fell, as some profit-booking kicked in after prices scaled a record peak, while focus shifted to U.S. Federal Reserve policy decision due later in the day. Spot gold fell 0.2 per cent to $3,027.89 an ounce, as of 0930 GMT, after hitting an all-time peak of $3,045.24 earlier in the session. U.S. gold futures shed 0.1 per cent to $3,036.60. There is a possibility of profit booking because the price rally was quite sharp, but «it's possible for prices to move beyond $3,050 level driven by market fears in terms of geopolitics,» said Soni Kumari, a commodity strategist at ANZ. Gold, considered a safe investment amid periods of uncertainties, has scaled 15 record highs so far this year. Investors are worried about an economic slowdown and elevated risks of recession due to U.S. President Donald Trump's tariff policy. While, conflict in the Israel has resumed after attacks on the Gaza Strip.

US Fed Meeting LIVE: The US Federal Reserve will announce its second policy decision for 2024 after a two-day Federal Open Market Committee (FOMC) meeting today amid stagflationary risks threatening the US economy due to US President Donald Trump's tariff hikes which have escalated a global trade war.Wall Street eyes the US central bank to hold the benchmark interest rate steady in today's monetary policy verdict amid the volatile trade policy and economic uncertainty hurting the world's largest economy. Economists have sounded alarm about ‘stagflation’—a combination of still-high inflation and a weak or stagnant economy after sharp cuts to government spending and layoffs.Also Read: US Fed to unveil policy verdict amid ‘stagflation risk’, chief Jerome Powell eyes rate pause: 5 key things to knowUS Fed eyes interest rate pause?Earlier this month, US Fed chief Jerome Powell said at a New York research conference that the US Federal Reserve is likely to keep its benchmark interest rate unchanged in the coming months as it waits for widespread uncertainty stemming from Donald Trump's policies.

Elon Musk, tech billionaire and US President Donald Trump's close ally, has claimed that his life was at risk over his role in the Trump administration and drastic cuts made to the federal workforce by a newly created department- DOGE. The Department of Government Efficiency (DOGE) has been created by US President Donald Trump and led by the world's richest man has been tasked with cutting US government jobs and other spending. Musk is leading the effort to drastically reduce the federal workforce and weed out what he sees as taxpayers' money being wasted. In an exclusive interview to Fox News, Musk said, «They basically want to kill me,» over the drastic and potentially illegal cuts made at DOGE has made to the federal government and workforce. ALSO READ: Canada under siege: Is Trump planning a 'Canschluss'?

To grasp the aberration of US foreign policy under President Donald Trump, consider an abbreviated history of America’s shifting attitudes toward just one country, Canada. And start with Ronald Reagan, who stood for the original and genuine version of “peace through strength.” When signing a free-trade agreement with Canada in 1988, Reagan marveled at the world’s longest land border. “No soldier stands guard to protect it,” the 40th president said. “Barbed wire does not deface it. And no invisible barrier of economic suspicion and fear will extend it.” Canadians and Americans, Reagan remarked on another occasion, are “more than friends and neighbors and allies; we are kin.” In the current context, three things are notable about Reagan’s sentiments. The first is that most Americans really like Canadians, even if they also struggle to see them as distinct, because Canadians can easily seem like “nicer” versions of Americans. The second is that Reagan oversimplified what has historically been a complicated, often competitive and sometimes contentious relationship. The third is that Americans, in both of those ways, have long regarded Canadians roughly as Russians used to view Ukrainians. ALSO READ: Who is James Boasberg, the judge Trump wants impeached?

Japan has reported its exports grew at an 11% annual pace in February while imports declined slightly, leaving a surplus after two straight months of deficits as worries grow about President Donald Trump’s tariff hikes

US Federal Reserve’s rate setting committee is expected to retain the federal fund rate steady at 4.25%-4.5% following its two-day meeting which ends today (Wednesday, March 19). It is the Federal Open Market Committee’s (FOMC’s) second policy meeting this year and since Donald Trump took over the reins as the President of the United States of America (USA) in January.

Russian sabotage, disinformation and cyberattacks, easing pressure on Moscow as the Trump Administration pushes Russia to end its war in Ukraine. Former President Joe Biden last year ordered his national security team to establish working groups to monitor the issue amid warnings from U.S. intelligence that Russia was escalating a shadow war against Western nations. The plan was led by the president's National Security Council (NSC) and involved at least seven national security agencies working with European allies to disrupt plots targeting Europe and the United States, seven former officials who participated in the working groups told Reuters. Before President Donald Trump was inaugurated, his incoming administration was briefed by Biden officials about the efforts and urged to continue monitoring Russia's hybrid warfare campaign, the former U.S. officials said. However, since Trump took office on Jan. 20 much of the work has come to a standstill, according to eleven current and former officials, all of whom requested anonymity to discuss classified matters. Reuters is the first to report on the full extent of the Biden administration effort and how multiple different U.S. agencies have since paused their work on the issue.

NASA Crew-9 astronauts Sunita Williams, Nick Hague, Butch Wilmore, and Russian cosmonaut Aleksandr Gorbunov. The White House stated that the astronauts safely returned in the Gulf of America, crediting Elon Musk for their safe return. «PROMISE MADE, PROMISE KEPT: President Trump pledged to rescue the astronauts stranded in space for nine months. Today, they safely splashed down in the Gulf of America, thanks to Elon Musk, SpaceX, and NASA!» Elon Musk congratulated the NASA and SpaceX teams on their successful return and thanked Trump for prioritising the mission. «Congratulations to the SpaceX and NASA teams for another safe astronaut return! Thank you to Donald Trump for prioritizing this mission!»

Google sweetened its original offer for $23 billion in July to $32 billion, making it one of the largest tech deals ever, and dramatically upped the breakup fee to more than $3.2 billion, people familiar with the agreement said. But the real closer for Wiz and Google executives was the change at the White House that brought with it the prospect of a friendlier antitrust review under Trump, these people said. Google made another pass last fall while Wiz considered a potential IPO, these people said. While negotiations continued sporadically over several months, executives started meeting regularly to hammer out details of a deal after Trump's Jan. 20 inauguration and appointment of key antitrust officials in his administration, these people said.

Nvidia chief Jensen Huang on Tuesday showcased cutting-edge chips for artificial intelligence and new applications for the technology, shrugging off talk of China's DeepSeek disrupting the market and dangers from US President Donald Trump's trade wars. Huang gave a hotly anticipated keynote presentation at Nvidia's annual developers conference that packed the SAP Center in the Silicon Valley city of San Jose, home of the Sharks NHL hockey team. Billing the event as an AI «Super Bowl,» the Taiwan-born tech titan was greeted by an audience of more than 20,000 who sat through his two-hour-plus address announcing the company's latest updates.

Elon Musk’s Department of Government Efficiency (DOGE) likely violated the Constitution by dismantling the U.S. Agency for International Development (USAID), indefinitely blocking DOGE from making further cuts. The ruling requires the Trump administration to restore email and computer access to all USAID employees, including those on administrative leave. However, it does not reverse firings or fully reinstate the agency. In one of the first lawsuits directly targeting Musk, U.S. District Judge Theodore Chuang in Maryland rejected the Trump administration’s claim that Musk is merely an adviser to President Donald Trump. Citing Musk’s public remarks and social media posts, Chuang found that Musk has “firm control over DOGE.” He highlighted a post in which Musk claimed to have “fed USAID into the wood chipper.” The judge warned that USAID’s ability to fulfill its legal obligations had likely been compromised. “Taken together, these facts support the conclusion that USAID has been effectively eliminated,” Chuang wrote in the preliminary injunction.

Washington has been pushing for a full, 30-day ceasefire as a first step towards a wider settlement of the grinding three-year-old war. But in a 90-minute call with Donald Trump on Tuesday, Russian President Vladimir Putin refused, insisting that any such deal would be contingent on the West halting all military aid for Ukraine. According to the Kremlin, Putin has already ordered his military to pause strikes against Ukrainian energy targets for 30 days. The highly anticipated Putin-Trump call also resulted in the announcement that Russia and Ukraine will exchange 175 prisoners each on Wednesday.

Oil prices slid on Wednesday after Russia agreed to U.S. President Donald Trump's proposal that Moscow and Kyiv stop attacking each other's energy infrastructure temporarily, which could lead to more Russian oil entering global markets. Brent crude futures were down 12 cents, or 0.2%, at $70.44 a barrel by 0106 GMT. U.S. West Texas Intermediate crude (WTI) lost 15 cents, or 0.2%, to $66.75.

Bank of Japan (BOJ) and the Federal Reserve later in the day. Overnight, Israeli airstrikes pounded Gaza and killed more than 400 people, U.S. President Donald Trump and Russian President Vladimir Putin failed to reach an agreement on a Ukraine ceasefire and Germany's outgoing parliament approved plans for a massive spending surge.