-
President Trump's impending tariffs on imports from Canada and Mexico are causing significant concern among U.S. business leaders. Executives fear the tariffs will disrupt supply chains and negatively impact the economy, leading to a decline in business confidence. The tariffs are set to take effect on April 2, 2025.
-
Major U.S. banks reported strong first-quarter earnings amid market volatility driven by President Trump's trade policy shifts. Citigroup and Bank of America saw significant gains in trading revenues, while Goldman Sachs faced challenges in investment banking. Analysts warn of potential downturns if trade tensions escalate.
-
During Donald Trump's recent Middle East tour, significant AI and semiconductor deals were announced with Gulf nations, including Saudi Arabia and the UAE. Critics, including lawmakers from both parties, express concerns over national security and the potential for advanced technology to fall into adversarial hands, particularly China. The implications for U.S. technological leadership are profound.
-
President Trump announced a new initiative providing $1,000 investment accounts for newborns, backed by major CEOs. The program, part of the controversial 'One Big Beautiful Bill,' aims to promote financial literacy and support families. However, it faces challenges in the Senate amid concerns over its fiscal implications.