Tag: Trump administration
Trump Declares Elon Musk as Cabinet Partner: Commerce Secretary Lutnick
In a surprising turn of events, President Trump has declared Elon Musk as a partner in his cabinet, specifically as Commerce Secretary alongside Wilbur Ross. The appointment comes amidst a wave of speculation and...
Automakers Granted One-Month Tariff Exemption by Trump
Automakers Granted One-Month Tariff Exemption Amidst Uncertain Times
The White House recently made an announcement that has the automotive industry buzzing - a one-month exemption for North American automakers from tariffs. This unexpected twist comes...
David Wessel on Tariffs and the Economy’s Direction
President Trump's recent imposition of tariffs has caused a significant downturn in the markets and has left many consumers feeling uneasy about the state of the economy. In a recent interview, David Wessel, a...
Understanding Trump’s Crypto Strategic Reserve Plan: 4 Key Points
President Trump has unveiled plans for a groundbreaking initiative called the "Crypto Strategic Reserve," signaling a pivotal moment that could revolutionize the cryptocurrency industry. This strategic move, announced via Truth Social, aims to establish...
Trump Administration May Exclude Government Spending from GDP, Impact of DOGE Cuts
In a surprising turn of events, the Trump administration is considering a drastic measure that could have significant implications for the country's economic landscape. The proposal to exclude government spending from the calculation of...
Proposed ‘Gold Card’ Visa Offers Hidden Tax Break for Wealthy
The proposed "Gold Card" Visa introduced by President Donald Trump has stirred up a whirlwind of excitement and debate among experts and wealthy individuals worldwide. This new investment visa offers a unique opportunity for...
Trump Administration Plans to Fire CFPB Staff and Wind Down Agency
The Trump Administration plans to fire most of the Consumer Financial Protection Bureau (CFPB) staff and dismantling the agency. The employees have testified about the mass layoffs and the winding down of the CFPB....
Challenges Facing MAGA’s Chipmaking Ambitions
In a recent summit in Paris, J.D. Vance, America's vice-president, boldly proclaimed the country's ambition to lead the world in developing the most powerful artificial intelligence (AI) systems with chips designed and manufactured on...
Toughening Biden’s Chip Controls: Trump Team’s Target
In a recent development that could have significant implications for the semiconductor industry, former Trump administration officials have reportedly been in talks with Japanese and Dutch officials to tighten controls on technology exports to...
Trump’s Latest Attack on China: Second Term Salvo
In a bold move, President Trump has unleashed a series of aggressive measures aimed at China, marking a significant escalation in his administration's approach towards Beijing. These latest actions, which come amidst ongoing trade...
Celebrity Politics at Oscars: Trump Targeting Trends
In a recent cultural shift, Silicon Valley seems to be embracing the Trump administration, while legacy media steers clear of such political affiliations. Mark Zuckerberg, the CEO of Meta, recently made headlines when he...
Trump Administration Imposes 25% Tariffs on Steel and Aluminum
President Donald Trump's recent announcement of imposing 25% tariffs on steel and aluminum imports has stirred quite a controversy. This decision, aimed at targeting China, has raised concerns about its impact on the U.S....