Wednesday, February 5

Tag: Donald Trump

What do Trump’s executive orders say on tariffs and how would they work?

With a trio of executive orders, US President Donald Trump has almost instantly thrown the world economy and his own goal of cutting inflation into turmoil. His tariffs against Canada and Mexico in order to stop illegal immigration and the illicit fentanyl trade led to retaliatory taxes by both countries on US imports. He placed an additional 10 per cent tariff on imports from China with the stated goal of stopping the production of fentanyl. A trade war is looming between the US, Canada, and Mexico. (AP) But on a deeper level, Trump suddenly hit the US economy with tax increases that, if sustained, could total more than US$1 trillion ($1.61 trillion) in 10 years. He did so without congressional approval and by his own acknowledgement at the perilous chance of ...

Trump’s tariffs are a $2.25 trillion gamble with the economy and prices

US President Donald Trump is on the verge of hitting America's three biggest trading partners with sweeping tariffs, a far more aggressive use of his favourite economic weapon than anything he did during his first term. The looming import taxes on Mexico, Canada and China will be a major test of Trump's unorthodox use of tariffs, which he's described as "the greatest thing ever invented". It's an enormous gamble, arguably a bigger one than any economic policy Trump enacted during his four-plus years in the White House. And this strategy has the potential to upend the thing many voters care about the most: the economy and the cost of living. President Donald Trump arrives at Palm Beach International Airport in West Palm Beach, Florida, on Friday. (AP Photo/Ben Curtis) ...

Donald Trump has pulled Anthony Fauci’s security detail, source says

President Donald Trump has terminated Dr. Anthony Fauci's security detail that was being provided and paid for by the National Institutes of Health, a source familiar with the situation tells CNN. It was pulled on Thursday night. Given he continues to face ongoing threats due to his public-facing role during the Covid-19 pandemic, Fauci has now hired his own private security that he'll pay for himself, the source told CNN. This comes as Trump continues his retribution tour against the officials who previously served under him. He has also yanked security details from former national security adviser John Bolton and former Secretary of State Mike Pompeo. Donald Trump has publicly feuded with America's top infectious diseases expert Anthony Fauci. (AP) "I think ...

Trump proposes ‘getting rid’ of emergency agency while touring disaster areas

President Donald Trump surveyed disaster zones in California and North Carolina on Friday and said he was considering "getting rid of" the Federal Emergency Management Agency, offering the latest sign of how he is weighing sweeping changes to the nation's central organisation for responding to disasters. In fire-ravaged California, the state's Democratic leaders pressed Trump for federal assistance that he's threatened to hold up, some setting aside their past differences to shower him with praise. Trump, in turn, pressured local officials to waive permitting requirements so people can immediately rebuild, pledging that federal permits would be granted promptly. President Donald Trump and first lady Melania Trump walk with Jason Hing, chief deputy of emergency services...

President Donald Trump fires inspectors general from more than a dozen federal agencies

President Donald Trump fired the inspectors general from more than a dozen federal agencies in a Friday night purge, according to a Trump administration official, paving the way for him to install his own picks for the independent watchdog roles. Agency inspectors general received an email late Friday from Sergio Gor, the head of the White House Office of Presidential Personnel, informing them that "changing priorities" had led to their positions being "terminated" effective immediately, according to a person familiar with the matter. The shake-up affected a broad swath of the federal government, including the departments of State, Energy, the Interior, Defense and Transportation. President Donald Trump has fired more than a dozen inspectors general. (Mark Schiefelbein...

Official portraits of Donald Trump, JD Vance released

New official portraits of US President-elect Donald Trump and Vice President-elect JD Vance have been released days ahead of the Republican's return to the White House. The images were released on social media yesterday by Trump's chief photographer, Daniel Torok. Torok posted them with the caption, "We are entering the Golden Age of America". Trump is depicted unsmiling and looking fixedly at the camera. He is wearing a dark blue suit and tie, with US flag lapel pin. Vance is similarly attired, but is shown smiling with his arms crossed. Trump's initial portrait as President-elect in late 2016 (left) and his first portrait as President in 2017 (right) (Supplied) Trump's 2025 presidential portrait appears similar, if more starkly lit, to his December 20...
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