Despite two impeachments, 10 Jan. 6 Capitol riot congressional live televised hearings, four criminal indictments, 91 felony charges, and even two assassination attempts, Trump will duplicate Grover Cleveland’s achievement and reclaim the American presidency four years after defeat.
Research from the Federal Reserve Bank of New York finds an ominous correlation between the performance of stocks and the implementation of tariffs during Trump's first term.
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President-elect Donald Trump has vowed to repeal Joe Biden's signature climate bill called the Inflation Reduction Act, which initially aimed at some $400 billion in new spending and tax cuts and credits at accelerating America's transition to a green energy economy.
He has promised to tame price increases. But even a president can only do so much.
Beijing is currently working steadily towards reviving its faltering economy, but the United States may be bent on creating more problems for China's economy if Trump introduces the heavy import tariffs for Chinese-made products,
President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally.
The Federal Reserve is starting to contend with how President-elect Donald Trump and his ambitious policies could influence inflation in 2025.
Eric Trump praised his father's commitment to protecting U.S. interests through tariffs and strong foreign policy. He highlighted moves like signaling disengagement from prolonged Middle Eastern conflicts and pushing back against unfair practices by China and NATO.
Inflation fell worldwide in 2024, but voters expressed discontent with rising prices from past years, leading to the defeat of incumbent parties. Donald Trump’s re-election in the U.S. exemplified global political shifts amid economic woes.
Biden pardoned people who were in prison for nonviolent crimes like marijuana possession or violating the military’s antiquated laws banning gay sex. A commutation allows the verdict to remain while lessening punishment, while a pardon completely nullifies a conviction.
When it comes to the economy, the Republican president-elect won't express any gratitude toward the Democratic incumbent, but he probably should.