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  • Pam Bondi's Qatar Links Under Scrutiny Over Trump's Luxury Plane Gift

    05/17/2025 10:41:41 PM PDT · by NoLibZone · 75 replies
    Newsweek ^ | By Sophie Clark
    Attorney General Pam Bondi's links to Qatar are under scrutiny again following reports that President Donald Trump will be gifted a luxury plane from the Qatari government. Bondi worked as a foreign lobbyist for the nation of Qatar, earning $115,000 a month in the role which she held in 2020 and in the run up to the World Cup in 2022. In this role, she lobbied Congress on behalf of Qatari interests. She also worked in a separate lobbying position for the Washington, D.C.-based firm Ballard Partners, where she also lobbied on behalf of Qatari interests and several conglomerates including...
  • Bypassed by Trump, Israel dismayed but silent

    05/14/2025 7:39:57 PM PDT · by E. Pluribus Unum · 64 replies
    Reuters ^ | May 14, 2025 1:01 PM | James Mackenzie
    SummaryTrump's Middle East focus shifts to Gulf business deals PM Netanyahu's right-wing govt at odds with some U.S. policy shifts U.S.-Israel relations strong but diverging priorities evident, say observers JERUSALEM, May 14 (Reuters) - Israel's right-wing government has maintained a diplomatic silence this week as U.S. President Donald Trump fired off a blizzard of announcements that have shaken Israeli assumptions about their country's standing with its most important ally.Trump's decision to bypass Israel during his current visit to the Middle East had already been seen as a marker of the his administration's increased focus on lucrative business deals with wealthy...
  • The Great Trump Tariff Rollback

    05/13/2025 3:44:58 AM PDT · by karpov · 118 replies
    Wall Street Journal ^ | May 12, 2025 | WSJ Editorial Board
    Rarely has an economic policy been repudiated as soundly, and as quickly, as President Trump’s Liberation Day tariffs—and by Mr. Trump’s own hand. Witness the agreement Monday morning to scale back his punitive tariffs on China—his second major retreat in less than a week. This is a win for economic reality, and for American prosperity. Make that a partial win for reality. The Administration agreed to scrap most of the 145% tariff Mr. Trump imposed on Chinese goods on April 2 and later. What remains is his new 10% global base-line tariff, plus the separate 20% levy putatively tied to...
  • The Incredible Shrinking GOP Tax Cut

    05/12/2025 6:38:12 AM PDT · by karpov · 36 replies
    Wall Street Journal ^ | May 9, 2025 | WSJ Editorial Board
    The House Ways and Means Committee will soon release the GOP’s first draft of the party’s tax proposals, and the irony is that the bill may be getting worse even as a good bill becomes more urgent. President Trump has pitched a tax-rate increase that even Democrats failed to pass, and parochial demands are shrinking the pro-growth value of the bill. Republicans seem to have forgotten the principles of sound tax policy, even the lessons of the successful 2017 reform. Most of the 26 GOP Members of Ways and Means weren’t in Congress in 2017. The intellectual capital of previous...
  • This Obscure New York Court Is Set to Decide Fate of Trump’s Tariffs

    05/11/2025 6:48:05 AM PDT · by karpov · 109 replies
    Wall Street Journal ^ | May 11, 2025 | James Fanelli
    The Trump administration’s global tariffs face their first major legal test this week when a little-known Manhattan court considers one of the president’s most sweeping assertions of executive power. A three-judge panel at the Court of International Trade will hear arguments Tuesday on whether to halt the levies, which have unleashed a trade war with the world and threaten to upend the global economy. The federal court, which has nationwide jurisdiction over tariff and trade disputes, operates for the most part in obscurity, rarely garnering a mention in major publications and staying off the radar of most attorneys. “Most lawyers...
  • U.S. asking intelligence agencies to spy on Greenland to fulfill Trump's takeover bid

    05/07/2025 7:52:03 AM PDT · by Angelino97 · 38 replies
    Daily Express ^ | May 7, 2025 | Debadrita Sur
    The United States has reportedly encouraged intelligence agencies to ramp up spying efforts in Greenland amid President Donald Trump repeatedly floating the idea of taking over the Arctic island.... The Wall Street Journal reported, citing two sources, that high-ranking officials working under Director of National Intelligence Tulsi Habbard sent a "collection of emphasis message" to the heads of various intelligence agencies last week. Intelligence agencies have been directed to learn more about the independence movement on the island and the general attitude of the Greenlanders towards American resource extraction, the Journal added. The agencies have been asked to use tools...
  • Greene furious over Ukraine minerals deal, Iran talks: ‘The base is not happy’

    05/04/2025 7:09:47 AM PDT · by Miami Rebel · 81 replies
    The Hill ^ | Emily Brooks
    Rep. Marjorie Taylor Greene (R-Ga.) unloaded a heap of criticism Friday on recent actions and inactions by the Trump administration and fellow Republicans, bringing up the Ukraine minerals deal, talks with Iran, and more — while being sure to not criticize President Trump personally. “I represent the base and when I’m frustrated and upset over the direction of things, you better be clear, the base is not happy,” Greene said Friday in a lengthy post on the social platform X. “I campaigned for no more foreign wars. And now we are supposedly on the verge of going to war with...
  • Mexico’s president says she declined Trump’s offer for US military crackdown on cartels

    05/03/2025 3:31:24 PM PDT · by thegagline · 93 replies
    The New York Post ^ | 05/03/2025 | Josh Christenson
    Mexican President Claudia Sheinbaum said Saturday she declined President Trump’s offer for US troops to crack down on the fentanyl produced by cartels in her country. The world leaders spoke recently by phone when Trump broached the topic of making American military service members available for operations inside Mexico, where traffickers concoct the deadly synthetic opioid using precursor chemicals imported primarily from China. “I told him, ‘No, President Trump, our territory is inviolable, our sovereignty is inviolable, our sovereignty is not for sale,'” Sheinbaum revealed during an event. We will never accept the presence of the United States Army in...
  • Trump's closest ally spectacularly turns on him in blistering rant

    05/03/2025 7:27:16 AM PDT · by thegagline · 144 replies
    The Daily Mail ^ | 05/02/2025 | Jon Rasch
    Firebrand Republican Marjorie Taylor Greene has issued a surprising statement critical of President Donald Trump. The Georgia congresswoman is known for her loyal support of the two-time president and her devout defense of his MAGA policy platform. Displaying her faithfulness, Greene likened Trump to Jesus Christ during the president's high-profile legal battles last year. *** On Friday, she issued a scathing statement putting distance in between her and the commander-in-chief. 'I represent the base and when I'm frustrated and upset over the direction of things, you better be clear, the base is not happy,' Greene, wrote on X alongside a...
  • Donald Trump Can’t Win by Giving the Malaise Speech

    05/01/2025 9:02:35 AM PDT · by karpov · 44 replies
    National Review ^ | May 1, 2025 | Dan McLaughlin
    “I will use my presidential authority to set import quotas. . . . We can manage the short-term shortages more effectively and we will, but there are no short-term solutions to our long-range problems. There is simply no way to avoid sacrifice.” — Jimmy Carter, the “malaise speech,” July 1979 “You don’t necessarily need a choice of 23 underarm spray deodorants or of 18 different pairs of sneakers when children are hungry in this country.” — Bernie Sanders, May 2015 “Access to cheap goods is not the essence of the American Dream.” — Scott Bessent, March 2025. “[China] made a...
  • Trump tariffs live updates: China eases tariffs on select US goods as Trump says Beijing will 'eat’ the costs

    04/30/2025 6:52:21 AM PDT · by lasereye · 13 replies
    Yahoo Finance ^ | April 30, 2025
    On Wednesday, it was reported that China had quietly compiled a list of US-made goods exempt from its 125% tariffs, aiming to ease trade tensions without public concessions. Companies, particularly those reliant on US technologies — such as pharmaceuticals and chipmakers — are being discreetly informed about these exemptions, Reuters reported. The list appears to be expanding: For instance, China recently waived tariffs on US ethane imports. This approach allows Beijing to maintain a firm public stance while offering behind-the-scenes relief. Reports emerged last week that China quietly rolled back tariffs on some US semiconductor products, easing pressure on its...
  • U.S. Economy Contracts at 0.3% Rate in First Quarter

    04/30/2025 5:51:35 AM PDT · by karpov · 47 replies
    Wall Street Journal ^ | April 30, 2025 | Harriet Torry
    The U.S. economy contracted in the first three months of 2025, as businesses rushed to stock up on imports ahead of tariffs and consumers eased their pace of spending. The Commerce Department said U.S. gross domestic product—the value of all goods and services produced across the economy—fell at a seasonally and inflation adjusted 0.3% annual rate in the first quarter. That was the steepest decline since the first quarter of 2022. The reading fell short of the 0.4% growth that economists surveyed by The Wall Street Journal expected. The decline in GDP in the first quarter reflected front-running ahead of...
  • How much has Elon Musk's Doge cut from US government spending? {AS of end of April 2025}

    04/26/2025 9:34:10 PM PDT · by Cronos · 40 replies
    BBC ^ | 26th April 2025 | Lucy Gilder, Jake Horton and the Data Science team
    In October, Mr Musk pledged to cut "at least $2 trillion" from the federal government budget. He subsequently halved this target and on 10 April talked about making savings of $150bn from "cutting fraud and waste" by the end of the next financial year in 2026. ...Doge's largest listed individual saving is $2.9bn. It comes from cancelling a contract - which started in 2023 under President Biden - for a facility in Texas to house up to 3,000 unaccompanied migrant children. Doge appears to have taken the "total contract value" until 2028 - the end date listed - and subtracted...
  • Trump Shifts His Own Vibe

    04/25/2025 4:24:12 AM PDT · by karpov · 41 replies
    National Review ^ | April 25, 2025 | Rich Lowry
    The vibe around President Trump’s second term has shifted, and it’s all his doing. The president entered office with a bit of a wind at his back. His polling was better than the first time around, protesters weren’t in the streets, and federal investigators weren’t after him. The GOP was more united than in 2016 and business leaders wanted to work with him, while the culture was generally heading in an anti-woke direction. Now, though, his polling is in a marked decline. His job approval rating is sliding. Depending on what poll you believe, it’s down to 44 percent (Fox...
  • Fox Reporter Says the Trump White House Is Giving Wall Street Executives Inside Info on Tariff Negotiations

    04/24/2025 2:47:52 PM PDT · by Miami Rebel · 16 replies
    Mediaite ^ | 4/24/2025 | Zachary Leeman
    Fox Business senior correspondent Charles Gasparino reported on Thursday that President Donald Trump’s administration is giving insider information to Wall Street executives about ongoing trade deals. Citing “senior Wall Street execs with ties to the White House,” Gasparino wrote on X that people within Trump’s administration have alerted business leaders about an “agreement in principle with India.” He further reported that the deal could be used as a template for other trade deals the administration is working on with Japan and other countries. Markets have taken sharp hits amid uncertainty surrounding Trump’s tariffs and trade deals. “People inside the Trump...
  • Trump says China tariffs will ‘come down substantially,’ hinting at potential U-turn

    04/24/2025 12:53:04 AM PDT · by Cronos · 25 replies
    CNN ^ | 24th April 2025 | Nectar Gan
    US President Donald Trump has signaled a potential U-turn on his trade war with China amid continued market volatility, saying the high tariffs on Chinese goods will “come down substantially, but it won’t be zero.” Trump’s remarks, made at a White House news event Tuesday, appear to mark a rhetorical climbdown after weeks of tough posturing and tit-for-tat retaliation that sent tariffs on China beyond a staggering 145%. “145% is very high and it won’t be that high,” Trump said in a question-and-answer session with reporters in the Oval Office. “It won’t be anywhere near that high. It’ll come down...
  • Trump allies are increasingly turning on one another

    04/23/2025 2:44:08 AM PDT · by Jyotishi · 39 replies
    The Pioneer ^ | Press Trust of India
    Washington -- The infighting and backstabbing that plagued President Donald Trump’s first term have returned as a threat to his second, with deepening fissures over trade, national security and questions of personal loyalty. The latest turmoil threatens to engulf the Pentagon, where Defence Secretary Pete Hegseth has pushed out top advisers and faces fresh controversy over sharing sensitive information about airstrikes in Yemen outside of classified channels. A former Pentagon spokesperson who was ousted last week wrote in Politico that Trump should fire Hegseth for presiding over a “full-blown meltdown.” The interpersonal drama is not - at least yet -...
  • The Fire Jerome Powell Market Rout

    04/21/2025 4:09:57 PM PDT · by karpov · 38 replies
    Wall Street Journal ^ | April 21, 2025 | WSJ Editorial Board
    If the White House wanted a test of how firing Jerome Powell would go over in the markets, it succeeded on Monday. U.S. stocks and the dollar plunged while yields on long-term Treasurys climbed after President Trump renewed his attacks on the Federal Reserve Chairman. Monday was the first full trading day for markets to absorb National Economic Council director Kevin Hassett’s comments Friday that the White House is studying if Mr. Powell can legally be fired. On Monday Mr. Trump demanded again that Mr. Powell make “pre-emptive” interest rate cuts to avoid a slowdown. Cue the meltdown in stocks,...
  • Whispers of a ‘Millionaire Tax’

    04/20/2025 4:40:59 AM PDT · by karpov · 38 replies
    Wall Street Journal ^ | April 17, 2025 | Kimberley A. Strassel
    A popular knock on this second Donald Trump term is that the president stocked his administration with nothing but saluting loyalists. Tell that to the staffers scheming to undercut his signature tax reform—by “managing” him into surrendering to the left’s favorite talking point. A (delighted) mainstream media several weeks ago started writing stories about a new Republican interest in raising taxes on “the rich”—namely hiking the top individual tax rate from 37% to 40%, higher than even under Barack Obama. These reports all come from anonymous White House officials, and always take care to insinuate Mr. Trump is “open” to...
  • Trump Advisers Took Advantage of Navarro’s Absence to Push for Tariff Pause

    04/19/2025 5:22:50 AM PDT · by karpov · 29 replies
    Wall Street Journal ^ | April 18, 2025 | Alexander Saeedy and Josh Dawsey
    They needed to get the president alone. On April 9, financial markets were going haywire. Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick wanted President Trump to put a pause on his aggressive global tariff plan. But there was a big obstacle: Peter Navarro, Trump’s tariff-loving trade adviser, who was constantly hovering around the Oval Office. Navarro isn’t one to back down during policy debates and had stridently urged Trump to keep tariffs in place, even as corporate chieftains and other advisers urged him to relent. And Navarro had been regularly around the Oval Office since Trump’s “Liberation Day”...