Trump is holding off on tariffs but betting Day 1 moves can cut energy prices and tame inflation
Monday, 20 January 2025 Donald Trump is holding off on tariffs during his first day and placing a big bet that his executive actions can cut energy prices and tame inflation. But it’s unclear whether his orders will be enough to move the U.S. economy as he promised. Executive orders coming Monday are meant to ease the regulatory burdens on oil and natural gas production. He also intends to declare a national energy emergency in hopes of jumpstarting more electricity production to build out technologies such as artificial intelligence that rely on data centers using massive amounts of energy. All those details are according to an incoming White House official who insisted on anonymity while outlining Trump’s plans.
"The European Union is very, very bad to us," says US President Donald Trump, threatening tariffs against the bloc, as well as China, which he accuses of "sending fentanyl to Mexico and Canada". Speaking at the White House on the first full day of his second term in office, Trump also says further...
Join us LIVE as we witness President Donald J. Trump signing executive orders on his first day in office. 📜✍️ Watch history unfold as key policies and decisions take shape from the very start of..
The White House, through Press Secretary Karoline Leavitt, criticized the Biden administration for its reckless foreign aid spending, linking it to rising inflation in the U.S. Leavitt pointed to..
The Trump administration has placed around 60 USAID officials on leave amid a sweeping foreign aid review. The move follows Trump’s executive order halting most foreign aid for 90 days, citing..
Monday, 20 January 2025
![President Donald J. Trump Signs Executive Orders on Day One of Administration [Video]](https://video.newsserve.net/300/v/20250129/1738165171-President-Donald-Trump-Signs-Executive-Orders-on.jpg)
![White House slams Biden's spending, calls it wasteful, defends Trump's foreign aid freeze [Video]](https://video.newsserve.net/300/v/20250129/1400195654-White-House-slams-Biden-spending-calls-it.jpg)
![Trump Suspends 60 USAID Officials Amid 90-Day Foreign Pause - Halts and Layoffs Impact $72 Billion [Video]](https://video.newsserve.net/300/v/20250129/1400184398-Trump-Suspends-60-USAID-Officials-Amid-90-Day.jpg)
