President Trump

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Trump's 25% Steel, Aluminum Tariffs Take Effect

Tariffs on imports from Canada remain at 25% despite earlier threat

(Newser) - President Trump officially increased tariffs on all steel and aluminum imports to 25% on Wednesday, promising that the taxes would help create US factory jobs at a time when his seesawing tariff threats are jolting the stock market and raising fears of an economic slowdown, the AP reports. Trump removed...

White House Reacts to Musk's Social Security Comments

Trump administration insists benefits won't be cut

(Newser) - Elon Musk sparked alarm Monday when he suggested the Department of Government Efficiency might make cuts to Social Security and other entitlement programs, and the Trump administration on Tuesday clarified that no cuts would be made to benefits that are collected under those programs.
  • Musk: "The waste and fraud
...

Trump Buys Tesla at White House
Trump Buys a Tesla
at White House
Mar 11, 2025 4:21 PM CDT

Trump Buys a Tesla at White House

He says it's a show of support for Musk

(Newser) - President Trump shopped for a new Tesla on the White House driveway on Tuesday, selecting a shiny red sedan to show his support for Elon Musk's company. "Wow," Trump said as he eased his way into the driver's seat of a Model S. "That's...

Ford Suspends Tariff After 'Olive Branch' From US

Ontario leader says he has been invited to Washington, DC for trade talks

(Newser) - Ontario Premier Doug Ford, saying "both parties are heated and the temperature needs to come down," has suspended the Canadian province's 25% surcharge on electricity exports to the US. Ford, who vowed to be "relentless" earlier Tuesday after President Trump said he would double US tariffs...

In War of Words, Ontario&#39;s Leader Cites &#39;Trump Recession&#39;
After Trump's Big Move,
Ontario Premier Fires Back
the rundown
Mar 11, 2025 12:26 PM CDT

After Trump's Big Move, Ontario Premier Fires Back

Doug Ford says US and Canada risk a 'Trump recession' because of the US president

(Newser) - President Trump escalated the trade war with Canada on Tuesday, a move that has further rattled markets and resulted in a war of words with the leader of Canada's most popular province.
  • "We will not back down," Ontario premier Doug Ford told MSNBC after Trump's decision
...

Trump Ups Canadian Steel, Aluminum Tariffs to 50%

The trade war is intensifying

(Newser) - President Trump says that he'll double his planned tariffs on steel and aluminum from 25% to 50% for Canada, reports the AP , escalating a trade war with the United States' northern neighbor. Trump says the increase of the tariffs set to take effect on Wednesday is a response to...

Musk Loses $22B in a Day
Musk Loses
$22B in a Day
Mar 11, 2025 6:41 AM CDT

Musk Loses $22B in a Day

That puts his net worth down 6.66% to $320B

(Newser) - Monday was a "horrible, no good, very bad day for Elon Musk," MSNBC reports, as the billionaire Tesla and SpaceX CEO lost nearly $23 billion in net worth. First, Musk claimed his social media platform, X, fell victim to a " massive cyberattack " using "a lot...

Investors Worry 'Soft Landing' Is Going Off Track

Meanwhile, Dow futures point to modest gains at open after Monday's selloff

(Newser) - It appears the stock market will open in positive territory on Tuesday after Monday's steep selloff , though nowhere near big enough to recoup the losses. Dow futures were up about 100 points, reports CNBC , after losing nearly 900 at Monday's close. A "modicum of calm" also returned...

Fears of a 2025 Recession Are Gaining Steam
Fears of a 2025 Recession
Are Gaining Steam
the rundown
Mar 10, 2025 10:43 AM CDT

Fears of a 2025 Recession Are Gaining Steam

Big banks more pessimistic as Trump declines to rule out the possibility

(Newser) - Wall Street started the new trading week in a foul mood on Monday, with the Dow tumbling about 500 points and the benchmark S&P 500 index down more than 2%. It's a continuation of last week's selloff blamed on tariff uncertainty, but Monday's pain appears to...

Trump Defends Coney Barrett Amid Backlash on the Right

'She's a very good woman,' says the president despite her key ruling against him

(Newser) - Amy Coney Barrett may be an unpopular figure in MAGA world these days, but President Trump himself is not joining the critics. "She's a very good woman," Trump told reporters Sunday when asked about the Supreme Court justice. "She's very smart, and I don't...

WHO: Tuberculosis Could Surge After Aid Cuts
WHO: Tuberculosis
Likely to Surge After Aid Cuts
the rundown
Mar 10, 2025 2:30 AM CDT

WHO: Tuberculosis Likely to Surge After Aid Cuts

US would likely feel the effects, too, expert warns

(Newser) - The latest dire warning in the wake of the Trump administration's massive aid cuts: Tuberculosis could surge around the globe. "Without immediate action, hard-won progress in the fight against TB is at risk," the director of the WHO's Global Program on TB and Lung Health said...

NORAD Has Intercepted a Lot of Planes Near Mar-a-Lago

Latest incident happened Sunday

(Newser) - Air Force fighter jets intercepted a civilian aircraft flying in the temporarily restricted airspace near President Trump's Florida home Sunday, bringing the number of violations to more than 20 since he took office on Jan. 20, the AP reports. North American Aerospace Defense Command said in a statement that...

Trump Concedes Recession Is Possible

Adjusting to tariffs will take time, president says

(Newser) - President Trump would not rule out the possibility of a recession this year during an interview aired Sunday, saying it "takes a little time" for the economy and Americans to see the benefits of his new tariffs. He discounted the recent stock market losses, contending "you have to...

Reagan's Daughter Thinks Trump Needs a History Lesson

'America is supposed to be a beacon to guide others,' as her father believed, writes Patti Davis

(Newser) - When President Trump addressed Congress this week, he cited President Reagan's phrase "peace through strength." In a New York Times essay, Reagan daughter Patti Davis clocked the moment and suggests Trump could use a refresher on her father's political philosophy.
  • "My wish is that he
...

25 Years Later, 'Joe Canadian' Is Back to Take on US

Molson Canadian remakes classic ad from 2000

(Newser) - US tariffs on Mexico and Canada may be on pause for the moment, but the culture clash between the United States and its neighbor to the north rages on—this time with Canada on the offensive. Twenty-five years ago, Molson Canadian put out a beer ad called "I Am...

DOGE&#39;s Cuts in One IRS Division Are Perplexing
DOGE's Cuts in
One IRS Division
Are Perplexing
in case you missed it
Mar 8, 2025 4:15 PM CST

DOGE's Cuts in One IRS Division Are Perplexing

The Large Business and International division has experts who bring in billions

(Newser) - The IRS is working on a plan that would see its 90,000-strong workforce reduced by as much as half, the AP 's sources say. The cuts would come as part of President Trump's DOGE-led moves to pare down the size of the federal workforce, and would...

Muslim Leaders Reject Trump's Plan for Palestinians

Trump said he wants to empty Gaza of its Palestinian population

(Newser) - Foreign ministers from Muslim nations on Saturday rejected calls by President Trump to empty the Gaza Strip of its Palestinian population and instead backed a plan for an administrative committee of Palestinians to govern the territory to allow reconstruction to go ahead. The AP reports that the foreign ministers gathered...

Trump Moves to Limit Public Service Loan Forgiveness

Order denies student loan relief to nonprofit workers engaged in 'improper' activity

(Newser) - President Trump is ordering changes to the Public Service Loan Forgiveness program that would disqualify workers of nonprofit groups deemed to have engaged in "improper" activities. An executive order signed Friday directs the Education Department to modify the program to deny loan relief to some borrowers. It would exclude...

Trudeau Takes Emotional Look at His &#39;Complicated Times&#39;
Trudeau Takes
Teary Look Back
Mar 7, 2025 3:10 PM CST

Trudeau Takes Teary Look Back

It's been a decade of Trump, war, pandemic, and inflation, prime minister says on his way out

(Newser) - Down to his last few days in office, Canadian Prime Minister Justin Trudeau offered a teary assessment of his tenure and era. "These have been complicated times," he said at a press conference Thursday in Ottawa. "This is the job I signed up for. This is the...

Musk, Rubio Had Volatile Exchange in Trump Meeting
Musk, Rubio Had Volatile
Exchange in Trump Meeting
the rundown
Mar 7, 2025 1:15 PM CST

Musk, Rubio Had Volatile Exchange in Trump Meeting

Multiple Cabinet members vented, according to the New York Times

(Newser) - President Trump made a surprise move on Thursday by reining in Elon Musk during a last-minute Cabinet meeting. The upshot is that Trump informed his secretaries that they, and not Musk, would be in charge of cuts within their departments going forward. So just what happened at the meeting? The...

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