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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’s Pick for Defense Secretary Under Fire: ‘Pete Hegseth Is a Winner!’ Amid Drinking Allegations

Dec 07, 2024 14:43 pm UTC| Politics

President-elect Donald Trump remains steadfast in his support for Pete Hegseth, his nominee for Secretary of Defense, despite allegations of excessive drinking and uncertainty over Senate confirmation. Hegseth, a former...

US under Trump Series

Trump’s Tariff Plans Could Super-Size McDonald’s Problems: ‘Inflation and Trade Wars Threaten the Golden Arches

Dec 07, 2024 14:40 pm UTC| Politics Business

McDonalds is facing significant challenges as President-elect Donald Trumps proposed tariffs threaten to disrupt supply chains and escalate inflation. The fast-food giants plan to introduce a new McValue menu in 2025 may...

US under Trump Series

Trump’s Tariff Storm: Economists Warn of ‘Winners,’ ‘Losers,’ and Skyrocketing Prices in Bold Trade Strategy

Dec 07, 2024 14:38 pm UTC| Politics

As President-elect Donald Trump prepares for his second term, he has vowed to expand on the controversial tariffs introduced during his first tenure. Targeting Americas trading partners, including Canada, Mexico, and...

US under Trump Series

Mexico and Canada at Trump’s Mercy: ‘Cultural Riches’ vs. Tariffs—Trade War Looms with Explosive Claims

Dec 06, 2024 15:40 pm UTC| Politics

As President-elect Donald Trump prepares to reenter the White House, tensions between the United States two largest trading partnersCanada and Mexicoare escalating. Trumps proposal to impose a 25 percent tariff on imports...

US under Trump Series

Matt Gaetz Praises Democrats and Sparks GOP Outrage: ‘Good Pro-Family Concepts?’ Critics Ask Why

Dec 06, 2024 15:38 pm UTC| Politics

In a rare moment of bipartisan praise, former Florida Representative Matt Gaetz took to social media to commend three Democratic lawmakers within a span of 24 hours. Known for his sharp criticism of Democrats, Gaetzs...

US under Trump Series

Scaramucci Claims GOP Senators ‘Give Trump the Finger’ Over Gaetz and Other Cabinet Picks

Dec 06, 2024 15:33 pm UTC| Politics

Anthony Scaramucci, former Trump aide and vocal critic, has revealed his belief that rational Republicans in the Senate are quietly resisting President-elect Donald Trumps influence. In an exclusive interview with...

US under Trump Series

Trump’s Alleged Plan to Target Liz Cheney? GOP Insider Shuts Down Speculation as Cheney Fires Back

Dec 06, 2024 15:26 pm UTC| Politics

As President-elect Donald Trump prepares to take office in January, speculation over whether his administration will target political adversaries, including former Wyoming Representative Liz Cheney, has sparked heated...

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Economy

China's Trade Surplus Shrinks Sharply in March Amid AI Import Surge and Export Slowdown

Chinas trade balance dropped significantly in March, falling well below market expectations as a surge in imports collided with weaker-than-anticipated export growth. Official customs data revealed a trade surplus of...

Australian Business Confidence Crashes Amid Iran War Oil Shock

Australian business confidence suffered one of its steepest monthly declines on record last month, as the ongoing conflict involving Iran triggered a severe global oil shock that rattled markets and spooked company...

RBA's Hauser Flags Uncertainty on Rate Settings Amid Iran War Economic Risks

Australias central bank is treading carefully on monetary policy, with Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser admitting he lacks full confidence that current interest rates are calibrated correctly...

U.S.-Iran Tensions Rattle Asian Markets as Oil Surges Past $100

Asian stock markets declined sharply on Monday after weekend diplomatic talks between the United States and Iran collapsed without agreement, prompting Washington to announce plans to blockade the Strait of Hormuz. The...

Dollar Holds Steady Amid U.S.-Iran Tensions and BOJ Rate Hike Uncertainty

The U.S. dollar remained largely flat on Tuesday as currency markets balanced geopolitical risks from escalating U.S.-Iran tensions against hopes for renewed diplomatic progress. The dollar index edged up just 0.04% to...

Politics

NYC Protests Demand End to U.S. Arms Sales to Israel, Dozens Detained

Dozens of demonstrators were arrested in New York City on Monday during widespread protests calling for the United States to halt arms sales to Israel and withdraw its military support for the country. The antiwar...

Trump Nominates Korean-American Michelle Steel as U.S. Ambassador to South Korea

Donald Trump has nominated Michelle Steel, a former Republican congresswoman from California, to serve as the United States ambassador to South Korea a diplomatic post that has remained vacant throughout his second term...

Prince Harry and Meghan Return to Australia for Mental Health and Veterans-Focused Tour

Prince Harry and Meghan, the Duke and Duchess of Sussex, have touched down in Australia for a four-day visit centered on mental health awareness, community resilience, and support for military veterans and their families....

North Korea Tests Missiles From New Destroyer Under Kim Jong Un's Watch

North Korea has conducted fresh missile tests from its newest warship, the Choe Hyon destroyer, as part of ongoing operational trials observed by leader Kim Jong Un and top military officials. State media outlet KCNA...

Carney's Liberals Clinch Parliamentary Majority After Ontario and Quebec By-Elections

Canadian Prime Minister Mark Carney has secured a parliamentary majority for his Liberal government following three special by-elections held Monday in Ontario and Quebec, CBC News reported. The milestone victory gives...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

SK Hynix Shares Hit Record High Amid AI Memory Demand Surge

SK Hynix shares soared to an all-time high on Tuesday, riding a wave of renewed investor confidence in artificial intelligence infrastructure and fresh momentum from developments tied to fellow memory chipmaker SanDisk....

Amazon in Advanced Talks to Acquire Globalstar in Starlink Rivalry Move

Amazon.com Inc (NASDAQ: AMZN) is reportedly in advanced negotiations to acquire satellite operator Globalstar Inc (NASDAQ: GSAT), marking a bold strategic push by the tech giant to challenge SpaceXs dominant Starlink...

Anthropic Discusses Frontier AI Model Mythos With Trump Administration Despite Pentagon Ban

Anthropic is actively engaging with the Trump administration about its latest frontier AI model, Mythos, even as the company navigates an ongoing dispute with the Pentagon, co-founder Jack Clark revealed Monday at the...

AI Deradicalization Tools: How Chatbots Could Help Combat Violent Extremism Online

As artificial intelligence platforms become more deeply embedded in daily life, concerns about their role in enabling dangerous behavior continue to grow. A New Zealand startup is now developing a groundbreaking tool that...

Meta Is Building an AI Version of Mark Zuckerberg to Interact With Employees

Meta Platforms is reportedly developing a photorealistic artificial intelligence version of its CEO, Mark Zuckerberg, designed to engage directly with employees on his behalf. According to the Financial Times, which cited...