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US under Trump Series

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As Donald Trump reasserts his influence on U.S. policy and global affairs, America finds itself at a crossroads. America Under Trump is a deep-dive series by EconoTimes, analyzing the sweeping economic, social, and geopolitical shifts under his leadership. From trade wars and tax reforms to foreign policy and domestic unrest, this series explores the impact of Trump's decisions on markets, businesses, and everyday citizens. Through expert analysis, data-driven insights, and exclusive commentary, we unpack the lasting effects of Trump’s governance on the future of America and the world.

US under Trump Series

Trump targets NPR and PBS as public and nonprofit media account for a growing share of local news coverage

May 07, 2025 10:27 am UTC| Insights & Views Politics

Republicans in Washington have their sights once again on defunding public media. On May 1, 2025, President Donald Trump issued an executive order calling for the termination of taxpayer support for the Corporation for...

US under Trump Series

Trump’s Ukraine mineral deal finally lands as US economy shivers

May 04, 2025 07:18 am UTC| Insights & Views Politics

Donald Trump promised he could sort out a peace deal for the Ukraine war in 24 hours. It still hasnt happened. Instead the US administration has taken 100 days just to sign a mineral deal with Ukraine. This agreement will...

US under Trump Series

Trump’s tariff threat is a sign that Canada should be diversifying beyond the U.S.

Dec 16, 2024 04:57 am UTC| Insights & Views Economy

United States President-elect Donald Trump has announced a 25 per cent tariff on Canada and Mexico if border control and illegal drugs coming into the U.S. arent curtailed. Both federal and provincial leaders have been...

US under Trump Series

How the Elon Musk-Vivek Ramaswamy DOGE initiative could help Americans dodge red tape

Dec 16, 2024 04:57 am UTC| Insights & Views Politics

Donald Trumps proposed new Department of Government Efficiency (DOGE) is already earning praise and criticism in the United States weeks before the president-elects inauguration. So far, theres only vague information on...

US under Trump Series

Trump Picks Kash Patel to Lead FBI: Critics Cry Foul Over ‘Unprecedented’ Choice for Top Law Enforcement Role

Dec 14, 2024 16:36 pm UTC| Politics

President-elect Donald Trump has sparked heated debate with his nomination of Kash Patel as the next director of the Federal Bureau of Investigation. Patel, a former deputy assistant to the president and chief of staff at...

US under Trump Series

Trump Slams Biden Over Border Wall Sales! Calls It ‘Desperate and Costly’ Ahead of His White House Return

Dec 14, 2024 16:24 pm UTC| Politics

President-elect Donald Trump has taken aim at President Joe Bidens decision to auction off unused border wall materials, labeling the move as desperate and harmful to national security. Trumps comments, made on his Truth...

US under Trump Series

Trump Warns Migrant Refusing Nations: 'No Business, Big Tariffs!' Is This the Ultimate Immigration Crackdown?’

Dec 13, 2024 19:38 pm UTC| Politics Business

In a recent interview with Time magazine, President-elect Donald Trump announced a stringent immigration policy: the United States will cease business relations with countries that refuse to repatriate their citizens who...

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Economy

Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React

The U.S. dollar remained steady against major global currencies on Thursday as investors positioned themselves ahead of key central bank decisions in the United Kingdom, Europe and Japan. Currency markets showed cautious...

BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited

The Bank of England is widely expected to cut interest rates on Thursday as signs mount that UK inflation is easing and economic growth is weakening. Financial markets anticipate a 25-basis-point reduction, bringing the...

U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data

U.S. stock index futures inched higher on Wednesday evening, supported by blowout earnings and strong guidance from Micron Technology, although broader gains remained limited as investors stayed cautious ahead of key U.S....

South Korea Warns Weak Won Could Push Inflation Higher in 2025

South Koreas central bank has warned that inflation next year could exceed earlier projections if the Korean won remains weak against the U.S. dollar, raising concerns about price stability and currency market pressures....

Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism

Chinese robotaxi stocks surged in Hong Kong trading on Wednesday, tracking strong overnight gains in Tesla Inc (NASDAQ: TSLA) as investor optimism around autonomous driving and ride-hailing technology continued to build....

Politics

U.S. House Advances GOP Healthcare Bill as ACA Subsidies Near Expiration

A major U.S. federal healthcare subsidy expanded during the COVID-19 pandemic is set to expire at the end of the year after the House of Representatives narrowly advanced a Republican healthcare bill that does not renew...

U.S. Initiates $11.1 Billion Arms Sale to Taiwan Amid Rising China Tensions

Taiwans defence ministry announced on Thursday that the United States government has formally initiated the congressional notification process for a proposed $11.1 billion arms sale to Taiwan, underscoring Washingtons...

Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies

A union-aligned investment group has urged major U.S. corporations including Amazon, Walmart and Google-parent Alphabet to explain how President Donald Trumps immigration policies are affecting their finances, workforce...

Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade

Venezuela has formally requested an urgent meeting of the United Nations Security Council to address what it described as ongoing U.S. aggression against the country, according to a letter seen by Reuters. The request...

Trump Administration Plans Major Increase in Denaturalization Cases for Naturalized U.S. Citizens

The Trump administration is preparing to significantly expand efforts to revoke U.S. citizenship from some naturalized Americans, according to a report by The New York Times citing internal government guidance. Newly...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...

OpenAI Explores Massive Funding Round at $750 Billion Valuation

OpenAI, the company behind the widely used AI chatbot ChatGPT, has reportedly entered preliminary discussions with investors about a potential new funding round that could value the company at approximately $750 billion....

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...