Trump News

'Means nothing to us!' Trump adviser blows off nation's offer to scrap tariffs on US goods

Trump trade adviser Peter Navarro on Monday said countries could not appease President Donald Trump — even if they reduce their tariffs on American goods all the way to zero.

Appearing on CNBC, Navarro was asked about Vietnam's offer to completely eliminate its tariffs on American goods. He said that was nowhere near enough of a concession to satisfy Trump and get him to back off his plans to reduce the massive 46 percent tariff he slapped on all their goods.

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'Oops': JPMorgan CEO shredded after belatedly realizing Trump's tariffs are bad

JPMorgan CEO Jamie Dimon, a long-outspoken analyst of economic trends from Wall Street's perspective, sounded a dire warning this week that President Donald Trump's tariff regime could dismantle the economy as we know it — but more than one person brought receipts showing he was singing a different tune just a couple of months ago.

Dimon, one of a number of finance executives who are declaring a break-glass emergency, made his grim forecast in a letter to shareholders.

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Untested new software installed by DOGE employees crashing Social Security servers: report

Retirees and other beneficiaries of funds distributed by the Social Security Administration (SSA) are having major problems accessing their online accounts since staffers from Elon Musk's Department of Government Efficiency (DOGE) have assumed control of the agency

According to a report from the Washington Post, access to accounts has been unavailable for hours extending into days after new software was installed, with a message popping up reading "Online Service Not Available" and ending there.

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Trump administration says emails ‘sent in error’ ordering Ukrainians to leave the U.S.

WASHINGTON — Unknown numbers of Ukrainians received emails by mistake from the U.S. Department of Homeland Security saying their humanitarian protected status was being revoked and they would have to leave the United States within days, the agency said Friday.

“A message was sent in error to some Ukrainians under the U4U program. The U4U parole program has not been terminated,” a DHS spokesperson told States Newsroom, referring to the Uniting for Ukraine program.

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'He saw the light': MSNBC hosts pile on Trump hedge fund pal for meltdown over tariffs

Hedge fund manager and prominent Donald Trump supporter Bill Ackman became a target for mockery on MSNBC on Monday morning after becoming the face of billionaire resistance to the president's tariff chaos.

With the stock market likely headed for another meltdown on Monday, after the president claimed over the weekend he has no intention of backing down despite pressure from Wall Street, Ackman had a meltdown of his own on social media.

“We are in the process of destroying confidence in our country as a trading partner, as a place to do business, and as a market to invest capital,” he wrote on X, before adding that the president has put the country on the path to “a self-induced, economic nuclear winter.”

ALSO READ:'Not much I can do': GOP senator gives up fight against Trump's tariffs

Ackman, previously a big supporter of the Democratic Party, grew to prominence during the run-up to the 2024 election after turning on President Joe Biden and embracing the MAGA-ethos of Trump in long, widely-shared posts supporting Trump's candidacy and trashing Democrats.

With the billionaire the focus of stories in both the Wall Street Journal and on CNBC on Monday morning, "Morning Joe" co-host Joe Scarborough singled him out for being taken in by Trump like so many others have.

"You know, there are some Republicans speaking out," Scarborough began. "[Iowa GOP Sen.] Chuck Grassley has spoken out about it. Ben Shapiro says it's unconstitutional."

"Bill Ackman, he saw the light," he continued before asking sarcastically, "How can Bill Ackman ever have seen this coming? How much, how can — oh wait a second, this is exactly what Donald Trump promised for years! In fact, he's been talking about this since 1987."

"So he believes in this, so people on Wall Street are going, '"Oh my god, I'm so shocked. How could this ever happen?" he joked.

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Artist of 'distorted' portrait says Trump complaint harming business

The artist who painted US President Donald Trump in what he criticized as a "purposefully distorted" portrait has said his remarks have harmed her business.

Colorado removed the official portrait of Trump from display in the state's capitol building last month after the president complained that it was deliberately unflattering.

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US attorney general says third Trump term would be 'a heavy lift'

The US attorney general said Sunday that it would be "a heavy lift" for Donald Trump to find a legal way to run for a third term as president.

"I wish we could have him for 20 years as our president," Pam Bondi told Fox News Sunday, "but I think he's going to be finished, probably, after this term."

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Netanyahu and Trump to talk tariffs, Iran and Gaza

Israeli Prime Minister Benjamin Netanyahu was in Washington on Monday to meet Donald Trump, whom he will likely ask for a reprieve from US tariffs while seeking further backing on Iran and Gaza.

Netanyahu becomes the first foreign leader to meet Trump in the US capital since the "Liberation Day" tariffs announcement sent global markets crashing.

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‘Billions of dollars’: Trump celebrates success as multi-day market plunge continues

President Donald Trump began Monday with a Truth Social post celebrating his tariff moves — as experts warned a chaotic multi-day market plunge was set to continue.

Fears of an international trade war have sent markets spiraling since Trump announced Wednesday a baseline 10% tax on imports from all countries, along with higher rates for nations running trade surpluses with the U.S.

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'Weakness and fear': German official exploits apparent rift between Trump and Musk

German Economy Minister Robert Habeck is trying to exploit divisions over tariff policy between President Donald Trump and billionaire ally Elon Musk.

Via journalist Walter Bloomberg, Habeck pointed to recent remarks from Musk saying he would like there to be a total free trade zone between America and Europe in which no one charges tariffs on imports.

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Expert Trump named to justify tariff plan hits out: 'They got it wrong'

A Treasury expert cited by Donald Trump in defense of his tariffs has a message for the president: “They got it wrong.”

Brent Neiman, a Biden-appointed Treasury official, was one of four economic leaders whose work on trade was held up by the president to justify the international charges he levied last week — immediately prompting a now multi-day market plunge.

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'Destroying confidence in our country': Trump-backing billionaires in full tariff revolt

Donald Trump was waking up Monday to news that some of his most prominent backers on Wall Street are joining forces to attack him over his tariff policies, with one saying he has put the country on a path to a "self-induced, economic nuclear winter.”

In interviews with the Wall Street Journal and CNBC, and on social media, hedge fund manager Bill Ackman, a very vocal and prominent hedge fund manager who became one of the president's biggest boosters in the run-up to the 2024 election, railed at the man he once championed.

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'Everybody's freaking out!' CNBC host tells of panic as Trump's 'man-made disaster' grows

CNBC's Andrew Ross Sorkin on Monday delivered a grim assessment of the state of President Donald Trump's economy.

With stock futures once again showing steep losses, Sorkin said that Trump's decision to double down on his widely criticized tariff policies has put markets in a state of total fear.

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