Trump Abolishes Penny: US Treasury Ordered to Stop Minting Coins – Elon Musk Reacts to Bold Move
Video Credit: Oneindia - Duration: 03:09s - Published
Trump Abolishes Penny: US Treasury Ordered to Stop Minting Coins – Elon Musk Reacts to Bold Move
In a historic and controversial move, President Donald Trump has officially ordered the U.S. Treasury to stop minting pennies, citing the high production cost and wasteful government spending.
Posting on Truth Social, Trump declared, "For far too long the United States has minted pennies, which literally cost us more than 2 cents."
#Trump #ElonMusk #NoMorePennies #USATreasury #BreakingNews #PennyAbolished #MAGA #TrumpNews #GovernmentSpending #ElonMuskReaction #Politics #FinancialNews #USCurrency
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The U.S. has approved a major arms shipment to Israel, including 3,000 bombs, signaling preparation not just for Gaza, but possibly a strike on Iran. Israeli officials confirmed that these munitions will enhance Air Force readiness for large-scale operations. While the Gaza offensive takes global attention, analysts warn the real showdown may be brewing with Tehran. This deal, once frozen under Biden, was fast-tracked by Trump. Experts say the munitions can also target hardened Iranian facilities—raising fresh concerns about regional escalation and U.S. involvement in Israel-Iran tensions.
#IsraelIran #USWeaponsDeal #GazaOffensive #TrumpReturns #MiddleEastTensions #IDF #HellfireMissiles #USIsraelAlliance #IranStrike #AirForceReady #PentagonDeal #BidenFreeze #MilitaryEscalation #TehranTarget #GazaCover #USMunitions #DefenseContractors #LockheedMartin #Boeing #L3Harris
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Trump’s border czar Tom Homan has issued a fiery warning to sanctuary city officials, saying they could “absolutely” face jail time for defying federal immigration law. Homan insisted the Trump administration “won’t sit by” as illegal immigration “ravages” American communities. Promising imminent action, he declared, “Hold tight on that one because it’s coming.” The comments highlight a potential legal clash over sanctuary policies, with the Trump team doubling down on hardline immigration enforcement in cities that refuse to cooperate with federal authorities.
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One protester was tasered and three people arrested when a town hall hosted by hard-right Republican Marjorie Taylor Greene descended into chaos. Sky News
In his first major address since leaving office, Joe Biden took sharp aim at Donald Trump's Social Security policies, accusing the administration of trying to "wreck it so they could rob it." Speaking at the ACRD conference in Chicago, Biden warned of potential delays in benefits, criticized GOP tax priorities, and called for unity amid deep national divisions. He highlighted past Democratic leadership and earned ACRD’s Beacon of Hope Award. The Trump administration hit back on X, denying cuts and accusing Biden of misleading Americans. The 2024 political firestorm has begun.
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The United States has greenlit a new shipment of over 3,000 powerful munitions to Israel, including MK-84 bombs tied to mass casualties in Gaza. The move comes as Tel Aviv signals a “vigorous expansion” of its assault on the Gaza Strip. Israeli forces have now surrounded Rafah and are advancing with major brigades. The humanitarian toll has surged, with thousands of Palestinians killed or injured. This arms transfer is part of a broader package aimed at reinforcing Israel's arsenal amid growing regional escalations, also involving Syria and Lebanon.
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President Trump claims tariffs are bringing in $2 billion a day to the U.S. Treasury, calling it a "huge win" for America. Speaking at a White House event, he boasted that countries are lining up to cut deals. However, no data supports his staggering figure—Treasury records show an average of just $200 million per day. Critics and analysts remain skeptical, pointing to exaggerated numbers and rising consumer costs. As the trade war escalates, economic uncertainty looms and Americans may be the ones paying the price.
#Trump #Tariffs #TradeWar #USTreasury #EconomicClaims #WhiteHouse #GlobalTrade #USPolitics #BreakingNews #CustomsRevenue #ChinaTrade #USChinaTensions #TradeDeal #ConsumerPrices #TariffImpact #EconomicPolicy #TrumpSpeech #TariffRevenue #AmericaFirst #FactCheck #GlobalMarkets #TrumpEconomy #USCustoms #Skepticism #InflationAlert #TradeUpdate #TariffDebate #CustomsDuties #TrumpQuotes #EconomicReality #BusinessNews
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US Republican Congressman Joe Wilson has proposed creating a $250 bill featuring Donald Trump’s image to honor his economic policies. Wilson argues inflation has increased the need for higher-value currency. However, US law prohibits living individuals on money, requiring legal amendments. This follows other GOP efforts to honor Trump, including adding his face to Mount Rushmore and declaring a national holiday. The Treasury Department has yet to respond, but implementing the bill would require significant legislative changes and a shift in traditional currency design policies.
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SpaceX launches 21 Starlink satellites into low Earth orbit
Starlink is a satellite internet project developed by billionaire Elon Musk's aerospace company SpaceX. Its goal is to provide high-speed internet access to users around the world.
READ MORE : http://www.euronews.com/2025/04/13/spacex-launches-21-starlink-satellites-into-low-earth-orbit
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Credit: euronews (in English) Duration: 00:35Published
Donald Trump has defended his sweeping new tariffs, urging countries unhappy with U.S. trade levies to stop doing business altogether. Calling the tariffs “appropriate,” Trump brushed aside stock market dips and claimed his policies were making America “strong.” While pausing new duties for 90 days—except for China—he insisted that a 10% tariff would be the new baseline. Trump also boasted about global reliance on the U.S. dollar and said foreign governments were desperate to negotiate. Markets saw some rebound after his walk-back announcement on baseline tariffs.
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Donald Trump authorises 90-day pause in tariffs on most countries except China
In a post on Truth Social, Trump said he was imposing a steeper tariff rate of 125% on Beijing because of 'the lack of respect China has shown the World's Markets.'
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Credit: euronews (in English) Duration: 01:04Published
Donald Trump reignited the tariff war with China, branding the nation the “biggest abuser” of U.S. trade policies. His fiery Truth Social post came after Beijing retaliated with its own 34% tariffs and slammed U.S. measures as “economic bullying.” Both sides are now locked in an escalating showdown, with China warning of long-term consequences and Trump touting American gains. As mutual accusations fly and economic stakes rise, the world watches two global giants disrupt international trade norms. Analysts fear this marks the end of any near-term reconciliation or trade deal.
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