Tag #Donald Trump

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Trump Hints at Possible 2024 Recession

President Trump expressed uncertainty about a potential recession in 2024, citing the economic transition period caused by recent tariffs and Department of Government Efficiency (DOGE) actions.

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foxnews.com
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House Passes Government Funding Bill, Awaiting Senate Vote

The House narrowly passed a government funding bill (217-213) Tuesday, largely along party lines, averting an immediate government shutdown; the bill now moves to the Senate, where it needs bipartisan support to pass before Friday, including increased defense spending and cuts to non-defense program...

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theglobeandmail.com
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U.S. Stock Futures Rebound After \$4 Trillion Market Wipeout

U.S. stock futures rose slightly on Tuesday after Monday's sharp drop wiped out \$4 trillion from the S&P 500 peak, driven by concerns over slowing U.S. growth and President Trump's trade policies; upcoming jobs and inflation data will influence the Fed's next move.

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theglobeandmail.com
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Ford Suspends Energy Surcharge Amid Trump Tariff Threats

Ontario Premier Doug Ford suspended his 25 percent surcharge on U.S. power exports following threats from President Trump to double tariffs on Canadian steel and aluminum; Ford and federal Finance Minister Dominic LeBlanc will meet with U.S. officials to discuss further.

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dailymail.co.uk
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Trump Crackdown on Campus Anti-Semitism: Columbia Student Arrested

ICE arrested Mahmoud Khalil, a pro-Palestine graduate student at Columbia University, prompting President Trump to praise the action and threaten 60 other universities with funding cuts due to anti-Semitic incidents and protests.

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elpais.com
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Trump Replaces CBP One with Self-Deportation App

The Trump administration launched CBP Home, replacing Biden's CBP One app, which includes a new "Intent to Depart" tool enabling undocumented immigrants to voluntarily self-deport, potentially allowing future legal return; the DHS hasn't clarified post-submission procedures.

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kathimerini.gr
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Iran Rejects Trump's Nuclear Negotiation Offer

Iran's Supreme Leader Ayatollah Ali Khamenei rejected US President Donald Trump's offer for nuclear negotiations, calling it a deceptive tactic, escalating tensions between the two nations after Trump's letter was delivered to the Iranian Foreign Minister in Tehran.

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foxnews.com
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ICE Arrests Surge Under Trump Administration, Exceeding FY2024 Numbers

The Trump administration's ICE arrests are already outpacing fiscal year 2024 numbers, with officials claiming the Biden administration misrepresented data; the increase is attributed to stricter enforcement and a focus on at-large arrests of criminals and gang members.

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news.sky.com
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Trump's Tariffs Trigger Stock Market Plunge

Donald Trump's threat to double tariffs on Canadian steel and aluminum to 50% has caused significant stock market losses, with the S&P 500 down 1.08%, while Canada's incoming prime minister vows retaliation.

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zeit.de
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Trump Threatens Crackdown on Pro-Palestine Activists Following Arrest at Columbia University

US President Donald Trump announced further actions against students involved in anti-government activities following the arrest of Palestinian activist Mahmoud Khalil at Columbia University in New York. Khalil, a green card holder, was arrested by ICE and is awaiting a court hearing.

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elpais.com
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Ontario Raises Electricity Prices to US Amidst Trade War

Ontario raised electricity export prices to the US by 25% in response to US tariffs on Canadian goods, potentially impacting consumer energy bills and escalating trade tensions between the US and Canada.

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abcnews.go.com
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US Recession Risk Rises to 35% Amidst Intensifying Trade War

Multiple financial institutions, including Goldman Sachs and Moody's Analytics, have significantly raised their recession probability estimates to 20% and 35%, respectively, primarily due to the Trump administration's recent tariffs and subsequent retaliatory measures from China and Canada.

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