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The United States and Saudi Arabia reached a $142 billion arms deal, President Donald Trump shared on Tuesday. Trump’s announcement came during his speech at the Saudi-U.S. Investment Forum in Riyadh, Saudi Arabia, amid his state visit to the Middle East. “In addition to purchases of $142 billion of American-made military equipment by our great Saudi partners, the largest ever, this week, there are multibillion dollar commercial deals with Amazon, Oracle, AMD…Uber, Qualcomm, Johnson & Johnson, and many, many more,” the president said. The commander-in-chief touted the quality of American military products moments earlier. “Nobody makes military equipment like us;...

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...

White House deputy chief of staff Stephen Miller said Friday that the Trump administration is "actively looking at" suspending habeas corpus, the right of a person to challenge their detention in court. If carried out by President Donald Trump, the suspension of habeas corpus would be a dramatic escalation of his administration's immigration policy by significantly curtailing a right enshrined in the Constitution. "First, you know, President Trump has talked about potentially suspending habeas corpus to take care of the illegal immigration problem. When could we see that happen in the future?" a reporter asked Miller as he spoke outside...

President Donald Trump has tapped "The Five" co-host Judge Jeanine Pirro to be the interim U.S. Attorney for Washington, D.C. "I am pleased to announce that Judge Jeanine Pirro will be appointed interim United States Attorney for the District of Columbia," Trump wrote on his social media platform Truth Social on Thursday. "Jeanine is incredibly well qualified for this position, and is considered one of the Top District Attorneys in the History of the State of New York. She is in a class by herself. Congratulations Jeanine!" Pirro has left Fox News Channel and a rotation of Fox News personalities...

NOW: President Donald Trump posted on Truth Social: "Big News Conference tomorrow morning at 10:00 A.M., The Oval Office, concerning a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY. THE FIRST OF MANY!!!"

President Donald Trump on Thursday morning confirmed a new "full and comprehensive" trade deal with the United Kingdom. "The agreement with the United Kingdom is a full and comprehensive one that will cement the relationship between the United States and the United Kingdom for many years to come," Trump wrote on TRUTH Social Thursday. "Because of our long time history and allegiance together, it is a great honor to have the United Kingdom as our FIRST announcement. Many other deals, which are in serious stages of negotiation, to follow! "This should be a very big and exciting day for the...

Trump’s momentum is fading, and there’s still work ahead to get America back to a constitutional path. Congress isn’t helping, but neither is his team. As the West was seemingly spinning off its axis of common sense, it was the relief of a lifetime when Donald Trump prevailed in 2024. Suddenly, the world that had been turned on its head was going to be set right again. We were going to have an actual border again. Men weren’t going to be allowed to play in women’s sports. Freedom of speech was going to be a thing again. DEI was going...

President Trump appeared to acknowledge Wednesday that toy shortages are possible as his tariff hikes ripple through the economy. The CEOs of Walmart, Target and Home Depot privately warned him last week about the likelihood of product shortages and price spikes. "Somebody said, 'oh, the shelves are gonna be open,'" Trump told reporters Wednesday. "Well, maybe the children will have two dolls instead of 30 dolls, and maybe the two dolls will cost a couple of bucks more."

President Trump said he wants to rename the federal holiday Veterans Day “Victory Day for World War I Day” and add another holiday to commemorate World War II, declaring the United States should “start celebrating our victories again!” “Many of our allies and friends are celebrating May 8th as Victory Day, but we did more than any other Country, by far, in producing a victorious result on World War II. I am hereby renaming May 8th as Victory Day for World War II and November 11th as Victory Day for World War I,” Trump wrote on Truth Social late Thursday....

Members of President Donald Trump‘s Cabinet applauded Elon Musk during Wednesday’s meeting after the president alluded to his imminent departure from the Department of Government Efficiency. Musk’s special government contract is set to expire next month, but he announced on a Tesla shareholders call last week that he would scale back his work with DOGE to one or two days a week until he departs. ...

OTTAWA — Prime Minister Mark Carney’s Liberals won a federal election Monday, the country’s public broadcaster, the CBC, projected, an extraordinary comeback that was fueled in part by President Donald Trump’s tariff policies and attacks on Canada. Just months ago, Carney’s party was headed for a potentially historic drubbing. It was not yet clear whether the Liberals would rule a minority or majority government as votes continued to be counted. This is the fourth consecutive Liberal government since 2015. Amid the U.S. president’s trade war and threats to annex its northern neighbor, voters flocked to Carney — a political novice,...

China just raised the stakes in its standoff with Washington. Despite President Trump's recent attempts to dial down the rhetoric and hint at possible tariff relief, Beijing isn't budging. A spokesperson from China's Commerce Ministry flatly rejected any notion of progress, calling U.S. claims of renewed dialogue groundless. The message: if the U.S. wants to talk, it needs to first undo the damagestarting with a full rollback of unilateral tariffs, now as high as 145%. China also made it clear that future talks hinge on more than just kind words; Washington needs to get serious about core issues like sanctions...

In this week’s Live from the Vault, Andrew Maguire welcomes back Lynette Zang, who breaks down the patterns driving financial collapse and explains how to spot these signals to secure the future with gold and personal preparedness. Zang warns that the systemic reset might already be underway, with the dollar collapsing under the weight of inflation and debt. As central banks hoard metal and gold surges past $3,300, Lynette urges immediate action to embrace real-world assets. Check out Lynette: ‪@TheLynetteZang‬ https://www.lynettezang.com/ Timestamps: 00:00 Start 02:55 Patterns of collapse: history's warning signs 09:00 Central banks stock up on gold – why...

China just scrapped 12,000 metric tons of pork orders from the US — the largest cancellation since 2020. That single move dragged US pork export sales to their lowest level in over six months. Lean hog futures immediately took a hit in Chicago, sliding as much as 1.6% before recovering slightly. Behind the scenes, it's not just about pork — it's about tariffs, trade power plays, and a shifting global protein map that could catch some investors off guard. The sharp pullback from China isn't random. It's a direct response to longstanding US tariffs — some dating back to Trump-era...

China is doubling down: China has just announced that they will be pulling back from US private equity investments. Chinese state-backed funds are halting new investments in US PE firms due to government pressure. According to PE executives, funds like China Investment Corporation (CIC) have already begun withdrawing planned commitments. Chinese investors are also avoiding US-linked deals, even when managed by non-US based PE funds. Just 24 hours ago, China warned they would retaliate against countries that cooperate with the US in ways that compromise their interests. It's very clear what's happening here: China is seeking to isolate the US...

President Donald Trump on Sunday insisted there will be no exemptions in the tariffs after there was some confusion when it came to electronics. 'NOBODY is getting “off the hook” for the unfair Trade Balances, and Non Monetary Tariff Barriers, that other Countries have used against us, especially not China which, by far, treats us the worst!' the president posted on Truth Social. A notice released late on Friday suggested gadgets would avoid Trump's 125 percent import tax on Chinese goods and even his sweeping 10 percent global tariffs. But his administration clarified on Sunday that electronics would be subject...

Donald Trump finally decided to take the proverbial “win” on trade and the stock market rallied nearly 3,000 points. You can thank the bond market, with an assist from Treasury Secretary Scott Bessent, for making it happen. We have been hyper-focused on how the stock market dropped ever since Trump declared trade war on the entire world, how he kept upping the ante, demanding ever higher degrees of compensation from our trade partners, even those who appeared to be acting in good faith and wanting to negotiate peace. He was also goaded by two of the most hawkish and protectionist...

Donald J. Trump @realDonaldTrump BE COOL! Everything is going to work out well. The USA will be bigger and better than ever before! Apr 09, 2025, 8:33 AM

President Donald Trump has threatened to slap additional 50 per cent tariffs on China if it doesn’t withdraw its retaliatory measures, pushing the possible level of tariffs it faces on exports to the US to over 100 per cent. In a post on Truth Social, the US president said retaliatory Chinese tariffs on US imports of 34 per cent represented an “abuse” that added to harsh taxes US exporters were already facing. Current tariffs faced by China are estimated to be at 54 per cent when Trump’s initial duties on imports are taken into account. “If China does not withdraw...

DETROIT—If President Trump’s trade war has a physical battleground, it is Michigan, where companies and workers are already feeling the beginning of an onslaught that could blow a hole in the state’s economy. Nearly 20% of the economy is tied to the auto industry, which has become increasingly dependent on parts and vehicles from Canada, Mexico and China—imports Trump hit with steep tariffs in recent weeks. This trade has grown so large that Michigan ranks fifth in the nation by the size of its imports and exports, even though its total economy ranks 14th. Detroit’s automotive executives have shifted into...