Page 353 - Donald Trump

Elon Musk & Vivek Ramaswamy to head Trump's ‘DOGE’: What it means?

US President-elect Donald Trump has announced that Elon Musk will work alongside Indian-American entrepreneur Vivek Ramaswamy to lead a new government initiative called "DOGE." What does it mean?

Driven by 'Trump trade' Dollar scales 6-month peak ahead of inflation data

Dollar is reaping benefits of Donald Trump's victory in the US presidential election last week, which sent the US currency to its highest level since May 1 at 106.21 against a basket of currencies

What Donald Trump plans to do on his first day back in the White House

Donald Trump's second term plans in White House include mass deportations, revisiting the Paris deal, tough trade tariffs, and controversial policies, sparking legal and political battles

Trump's economic agenda for 2nd term is clouding outlook for mortgage rates

Donald Trump's election win is clouding the outlook for mortgage rates even before he gets back to the White House. The president-elect campaigned on a promise to make home ownership more affordable by lowering mortgage rates through policies aimed at knocking out inflation. But his proposed economic agenda could potentially set the stage for mortgage rates to move higher, some economists and analysts say. Mortgage rates are influenced by several factors, including moves in the yield for US 10-year Treasury bonds, which lenders use as a guide to price home loans. Treasury yields rose in recent weeks even after the Federal Reserve cut its benchmark interest rate, which influences rates on all types of loans including mortgages. Investors appeared to question how far the Fed should cut rates given the strength of the economy. Then yields surged further immediately after Trump's victory, sending the average rate on a 30-year mortgage up to 6.79 per cent, according to mortgage buyer ...

Possible H-1B visa restrictions under Trump: A win-lose situation for India

The H-1B visa programme enables US employers to bring in skilled foreign professionals for specialised roles that require particular qualifications

What happens to Donald Trump's conviction? Here are a few ways it could go

Donald Trump's election victory created a profound conundrum for the judge overseeing his criminal case in New York. Can he go ahead and sentence the president-elect, or would doing so potentially get in the way of Trump's constitutional responsibility to lead the nation? Court documents made public Tuesday revealed that Judge Juan M. Merchan has effectively put the case on hold until at least Nov. 19 while he and the lawyers on both sides weigh in on what should happen next. Trump's sentencing had been tentatively scheduled for Nov. 26. Trump's lawyers are urging Merchan to act in the interests of justice" and rip up the verdict, the first criminal conviction of a former and now future U.S. president. Manhattan prosecutors told Merchan they want to find a way forward that balances the competing interests of the jury's verdict and Trump's responsibilities as president. Here are some scenarios for what could happen next: Wait until Trump leaves office If Merchan wants to preserve

Musk and Ramaswamy to join Trump's DOGE initiative to reshape US governance

Department of Government Efficiency or DOGE, a nod to Musk-backed Dogecoin, will work to "enhance" the US governance system by dismantling bureaucracy

Experts hail pro-India Mike Waltz's pick as US NSA; predict stronger ties

The National Security Adviser is a top aide to the president who plays a major role in foreign and national security policy decision-making

Who is John Ratcliffe, Trump's CIA pick and former intelligence chief?

Ex-US spy John Ratcliffe has been a loyal supporter of Trump and is known for his work on intelligence and national security. His nomination as the CIA chief has received praise from key US lawmakers

What is DOGE, and why is Elon Musk interested in the Trump administration?

The Department of Government Efficiency will work outside the federal structure to streamline governance by cutting regulations, reducing waste, and advising on key reforms

Africa shows low expectations, some hope for second Trump presidency

African leaders may have been quick to congratulate Donald Trump on his election, professing a desire for mutually beneficial partnerships, but there are meagre expectations that his presidency will change things for this continent of over 1.4 billion people. In the wake of Trump's win, Kenya's William Ruto said his country stands ready to deepen its ties with Washington. Nigeria's Bola Tinubu spoke of a second Trump administration ushering in an era of earnest, beneficial, and reciprocal cooperation. Still, observers say African countries once described by Trump as shithole countries are definitely not going to be high on his to-do list. Low priority or not even a concern? U.S. foreign policy has not made Africa a priority for a long while beyond seeing the continent through the lens of countering rivals such as Russia and China, said Charles Ray, chair of the Foreign Policy Research Institute's Africa Program. President Joe Biden talked about Africa as a key partner, said Ray

Chinese battery giant CATL would build US plant if Trump allows it

Trump wants to prevent Chinese auto imports but has said he remains open to Chinese automakers building vehicles in US

US Senate democrats rush to confirm judges before Trump takes office

The Senate voted 51-44 in favor of her becoming a US district court judge in Illinois

The wealthy will shield Asian banks from Donald Trump's tariffs; here's how

Trump's proposed 10 per cent to 20 per cent tariff on all foreign-made goods - 60 per cent or higher on products from China - will be more than a bucketful of sand in the wheels of commerce

Silent majority voted Trump to power says Indian American Republican

The silent majority who were frustrated with the wars and high inflation voted Donald Trump to power, an eminent Indian American Republican leader has said exuding confidence that it would be a successful second term. On November 6, Trump was elected the US president for a second term in one of the greatest political comebacks in American history, four years after an election loss in 2020 that sparked a violent insurrection at the US Capitol. The 78-year-old Republican leader defeated his Democratic rival Kamala Harris in a bitterly fought election. "We have been forecasting this (a Trump victory). We were seeing it in the ground movement. There was a silent majority. This was a result of America's lost foreign policies, the domestic inflation, out-of-control crime, out-of-control illegal immigration, poor infrastructure, and the Biden-Harris administration focusing on social issues that were not relevant with the masses, Jasdip Singh Jassee, founder of Sikhs for Trump told PTI. So

Donald Trump's mass-deportation plan to hurt farming, says Co-op chief

Farming would be one of the biggest US sectors hit should the incoming administration move forward with kicking potentially millions of undocumented immigrants out of the country

Elon Musk, Vivek Ramaswamy to lead Dept of Government Efficiency: Trump

US President-elect Donald Trump on Tuesday announced that Tesla owner Elon Musk and Indian American entrepreneur Vivek Ramaswamy will lead the Department of Government Efficiency or DOGE. "I am pleased to announce that the Great Elon Musk, working in conjunction with American Patriot Vivek Ramaswamy, will lead the Department of Government Efficiency (DOGE)," Trump announced. Ramaswamy is the first Indian American to have been tapped by Trump into his administration beginning January 20 next year. "Together, these two wonderful Americans will pave the way for my administration to dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies -- essential to the 'Save America' Movement," he said. "This will send shockwaves through the system, and anyone involved in government waste, which is a lot of people!" stated Musk, as per the statement issued by Trump. The US President-elect said this will become, potentially, "The ...

Mike Waltz expert on threats posed by China, Russia, and Iran: Trump

US President-elect Donald Trump on Tuesday said his NSA pick Mike Waltz brings with him expertise on the threats posed by China, Russia, Iran, and global terrorism. "I am honoured to announce that Congressman Mike Waltz (R-FL) is hereby appointed to serve in my Cabinet as my National Security Advisor," Trump said declaring the appointment. "Mike retired as a Colonel, and is a nationally recognised leader in national security, a bestselling author, and an expert on the threats posed by China, Russia, Iran, and global terrorism," he said. "Mike has been a strong champion of my America First Foreign Policy agenda, and will be a tremendous champion of our pursuit of Peace through Strength!" he said. Waltz serves as a senior member of the House Armed Services Committee, the House Foreign Affairs Committee, and the House Permanent Select Committee on Intelligence. He represents Florida's Sixth Congressional District. "Mike is the first Green Beret to have been elected to Congress, and .

Trump names John Ratcliffe as CIA head, Huckabee as Ambassador to Israel

US President-elect Donald Trump on Tuesday announced that former Director of National Intelligence John Ratcliffe will head the Central Intelligence Agency (CIA) under his administration. He also picked former Arkansas Governor Mike Huckabee as his ambassador to Israel. In a series of announcements on key positions, Trump also declared Congressman Mike Waltz his National Security Advisor who would serve in his Cabinet and asserted that his NSA pick is an expert on the threats posed by China, Russia, Iran, and global terrorism. For the position of Special Envoy to the Middle East, Trump picked successful real estate investor and philanthropist Steven C Witkoff, giving him the mandate to restore peace in the region. He also declared his former White House cabinet secretary Bill McGinley as the White House Counsel in his second term beginning January 20 next year. Speaking highly of Ratcliffe, Trump said, "From exposing fake Russian collusion to be a Clinton campaign operation, to ...

Trump picks experienced advisors to carry out his immigration crackdown

Donald Trump's first picks for immigration policy jobs spent the last four years angling for this moment. Stephen Miller and Thomas Homan had critical roles in the first Trump administration and are unapologetic defenders of its policies, which included separating thousands of parents from their children at the border to deter illegal crossings. With Trump promising sweeping action in a second term on illegal immigration, the two White House advisers will bring nuts-and-bolts knowledge, lessons from previous setbacks and personal views to help him carry out his wishes. After Trump left office in 2021, Miller became president of America First Legal, a group that joined Republican state attorneys general to derail President Joe Biden's border policies and plans. Homan, who worked decades in immigration enforcement, founded Border 911 Foundation Inc, a group that says it fights against a border invasion and held its inaugural gala in April at Trump's Florida estate. Homan knows how the