News

Former President Donald Trump returns to Washington, D.C.

Published

3 years ago

July 27, 2022

Veronica Dudo

Trump arrived back in the nation’s capital to deliver the keynote address at the America First Policy Institute’s two-day America First Agenda Summit.

After leaving the White House 18 months ago, former President Donald Trump returned to Washington, DC, on Tuesday.

Trump arrived back in the nation’s capital to deliver the keynote address at the America First Policy Institute’s two-day America First Agenda Summit.

The 45th president hasn’t been seen in Washington since he left office on Jan. 20, 2021 — even snubbing President Biden’s inauguration on his way out of the city. The event marks Trump’s first visit back to the capitol.

The 45th President of the United States used his speech to focus on public safety. He highlighted recent violent crime statistics throughout the country. He laid out the serious problems the country continues to face under the Biden administration talking about horrific crime, red-hot inflation, and the expensive liberal spending agenda that is stalled in Congress. Trump also focused on his vision for the future.

Trump has steadily held rallies across the nation in which he focuses on timely issues as well as his grievances over the 2020 election results.

Trump’s address was held just hours after Mike Pence — his vice president and potential 2024 rival — urged Republicans to stop looking backward at the 44th National Conservative Student Conference.

Neither Trump nor Pence has publicly confirmed a run for president in 2024 — but their back-to-back events in Washington has sparked speculation of a potential showdown between the former White House team.

News

Trump’s “very productive” deal: What’s behind the U.S.-China agreement?

US and China agree to new terms amid trade war, following productive talks between Treasury Secretary Bessent and Vice Premier He.

Published

16 hours ago

May 12, 2025

Ahron Young

US and China agree to new terms amid trade war, following productive talks between Treasury Secretary Bessent and Vice Premier He.

The United States and China have reached a new agreement amid an intensifying trade war between the world’s two largest economies. This comes after US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng held their first in-person talks since the imposition of heavy tariffs on both sides.

President Trump has described the discussions as “very productive,” signaling cautious optimism as financial markets remain volatile and American consumers feel the pinch of rising prices. Secretary Bessent addressed reporters after long negotiations, underlining the urgency both sides felt to de-escalate the stalemate.

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News

U.S. and China strike surprise trade deal

US and China reach a significant trade deal amid tensions, signaling thawing relations, while the UK secures symbolic concessions; insights from economist Tim Harcourt.

Published

16 hours ago

May 12, 2025

Ahron Young

US and China reach a significant trade deal amid tensions, signaling thawing relations, while the UK secures symbolic concessions; insights from economist Tim Harcourt.

In a stunning development amid rising tensions, the United States and China have agreed on a new deal as part of their ongoing trade war.

US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng held the first in-person meetings in years, signaling a potential thaw in relations.

President Trump called the talks “very productive.”

Meanwhile, the UK has managed to score key trade concessions from the US, including on autos, jet engines, and steel—although the benefits may be more symbolic than substantial. Could this deal impact Australia’s trade position?

We unpack the details with Professor Tim Harcourt, Chief Economist at UTS and host of The Airport Economist.

News

Inflation data, earnings reports, and market trends to watch

Investors focus on inflation data, trade meetings, Fed remarks, retail sales, and key earnings reports this week.

Published

22 hours ago

May 12, 2025

Ahron Young

Investors focus on inflation data, trade meetings, Fed remarks, retail sales, and key earnings reports this week.

In Short:
Inflation data will be a key focus this week, alongside trade meeting results and important earnings reports. Investors will monitor Fed Chair Jerome Powell’s remarks and various economic indicators, including retail sales and sentiment surveys.

Inflation data set for Tuesday is expected to be a focal point this week.

Investors will also assess the results of recent U.S. and Chinese trade meetings following a quiet Friday that saw stock declines for the week.

On Thursday, remarks from Fed Chair Jerome Powell will be closely monitored as he faces pressure from President Donald Trump regarding interest rate decisions.

Retail sales figures will also be released on Thursday, coinciding with Walmart’s earnings report.

Key earnings announcements this week include those from Cisco Systems, Alibaba Group, Deere & Co., Applied Materials, and Take-Two Interactive.

In addition, consumer and small business sentiment surveys, along with data from the homebuilding and manufacturing sectors, may also draw interest.