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Trump says US economic system in ‘transition’ and once more urges Fed to chop charges
Trump mentioned the United States economic system is in a “transition stage”, bringing up sturdy employment and his tariff plan whilst reiterating his name for the United States Federal Reserve to decrease its rate of interest. It adopted the discharge of knowledge that confirmed US task enlargement slowed marginally for April.
He wrote on Truth Social:
Gasoline simply broke $1.98 a Gallon, lowest in years, groceries (and eggs!) down, power down, loan charges down, employment sturdy, and a lot more excellent information, as Billions of Dollars pour in from Tariffs. Just like I mentioned, and we’re handiest in a TRANSITION STAGE, simply getting began!!! Consumers were looking forward to years to peer pricing come down. NO INFLATION, THE FED SHOULD LOWER ITS RATE!!! DJT
Key occasions
Canadian PM Mark Carney to fulfill Donald Trump at White House subsequent week – file
Canada’s newly-elected top minister Mark Carney is about to fulfill Donald Trump on the White House on Tuesday, Bloomberg News (paywall) is reporting, amid emerging tensions over Trump’s tariff conflict and annexation threats to Canada.
Shortly after his election final week, Carney mentioned that after they did meet he the United States president would talk “like two sovereign nations”. Carney’s victory used to be in large part propelled by means of Trump’s repeated – and reputedly earnest – tips about annexing Canada and making it the 51st US state. In his victory speech Carney mentioned:
President Trump is making an attempt to damage us so America can personal us. That won’t ever – that may by no means, ever occur.
In an interview with the BBC the day after his win, Carney mentioned his nation merits and expects appreciate from the United States and can handiest input industry and safety talks with Trump “on our terms”. He added that he would handiest seek advice from Washington when there used to be a “serious discussion to be had” that revered Canada’s sovereignty.
Talks with Trump could be “on our terms, not on their terms,” he mentioned, including:
There is a partnership available, an financial and safety partnership … It’s going to be an overly other one than we’ve had prior to now.
Canada used to be the “biggest client for more than 40 states” in the United States, Carney famous:
We deserve appreciate. We be expecting appreciate and I’m certain we’ll get it in the end once more, after which we will be able to have those discussions.
Trump says US economic system in ‘transition’ and once more urges Fed to chop charges
Trump mentioned the United States economic system is in a “transition stage”, bringing up sturdy employment and his tariff plan whilst reiterating his name for the United States Federal Reserve to decrease its rate of interest. It adopted the discharge of knowledge that confirmed US task enlargement slowed marginally for April.
He wrote on Truth Social:
Gasoline simply broke $1.98 a Gallon, lowest in years, groceries (and eggs!) down, power down, loan charges down, employment sturdy, and a lot more excellent information, as Billions of Dollars pour in from Tariffs. Just like I mentioned, and we’re handiest in a TRANSITION STAGE, simply getting began!!! Consumers were looking forward to years to peer pricing come down. NO INFLATION, THE FED SHOULD LOWER ITS RATE!!! DJT
Trump says he needs to rename Veterans Day as ‘Victory Day for World War I’ and 8 May as ‘Victory Day for World War II’
Speaking of the army, final evening Trump mentioned he sought after to rename 11 November – Veterans Day – as ‘Victory Day for World War I’ and rename 8 May as ‘Victory Day for World War II’.
The 8 May date – now not lately a federal vacation and Trump wasn’t transparent if he sought after it to transform one – is a fascinating selection for a US president to mark victory in the second one global conflict. While 8 May is certainly marked as Victory Day in Europe as Trump issues out (for Russia it’s 9 May), American infantrymen famously persisted combating Japan within the Pacific theatre for every other 3 months after the conflict used to be declared over at the western entrance towards Nazi Germany. Japan didn’t officially give up till 2 September 1945.
There’s additionally undoubtedly that Trump’s declare that the United States “did more than any other country, by far, in producing a victorious result” won’t take a seat neatly with former allied powers who suffered heavy losses and casualties in addition to substantial injury from German bombing.
Veterans Day, in the meantime, began out as a commemoration of the armistice on 11 November 1918, now not as a birthday celebration of American “victory” as Trump is framing it. The scope of the vacation used to be later widened to honor all US veterans, together with of contemporary wars in Iraq, Afghanistan and in different places. Trump’s submit makes no point out of the ones conflicts.
Here’s the submit from Truth Social:
Many of our allies and buddies are celebrating May eighth as Victory Day, however we did greater than some other Country, by means of a ways, in generating a victorious outcome on World War II. I’m hereby renaming May eighth as Victory Day for World War II and November 11th as Victory Day for World War I. We received each Wars, no person used to be as regards to us in the case of energy, bravery, or army brilliance, however we by no means rejoice anything else — That’s as a result of we don’t have leaders anymore, that understand how to take action! We are going to begin celebrating our victories once more!
Army plans for a possible parade coinciding with Trump’s birthday name for 6,600 infantrymen – file
Detailed Army plans for a possible army parade on Donald Trump’s birthday in June name for greater than 6,600 infantrymen, a minimum of 150 cars, 50 helicopters, seven bands and in all probability a pair thousand civilians, The Associated Press reviews.
The making plans paperwork, bought by means of the AP, are dated April 29 and 30 and feature now not been publicly launched. They constitute the Army’s most up-to-date blueprint for its long-planned 250th anniversary pageant at the National Mall and the newly added component — a big army parade that Trump has lengthy sought after however remains to be being mentioned.
The Army anniversary simply occurs to coincide with Trump’s 79th birthday on 14 June.
While the slides don’t come with any worth estimates, it will most probably price tens of thousands and thousands of bucks to place on a parade of that dimension. Costs would come with the motion of army cars, apparatus, airplane and troops from around the nation to Washington and the want to feed and area hundreds of carrier contributors.
High prices halted Trump’s push for a parade in his first time period, and the tanks and different heavy cars which might be a part of the Army’s newest plans have raised issues from town officers about injury to roads.
Asked about plans for a parade, Army spokesman Steve Warren mentioned Thursday that no ultimate selections were made.
Others accustomed to the paperwork, who spoke on situation of anonymity for the reason that plans have now not been finalized, mentioned they constitute the Army’s plans because it prepares for any White House approval of the parade. The White House didn’t right away reply to an AP request for remark.
The seeds had been sown for the ousting of Mike Waltz as nationwide safety adviser lengthy earlier than “Signalgate”, notes Politco.
The outlet reviews that his method to the task used to be unpopular and Waltz used to be observed as too cocky. One user as regards to the White House mentioned:
He’s a personnel, however he used to be appearing like a foremost.
As has now been extensively reported, a variety of insiders – together with Trump – sought after Waltz long gone right away after the Signal crew chat leak fiasco, however didn’t wish to give combatants the delight. Ironically, Signalgate – in hindsight the tipping level – purchased him time. One White House best friend advised Politico on the time:
Waltz has been on skinny ice for some time. [Signalgate] made the ice thinner however on the similar time … would possibly in fact save him for now as a result of they don’t wish to give [Jeffrey] Goldberg a scalp.
But by means of that time, Politico notes, Waltz had misplaced sufficient allies that his eventual departure used to be inevitable – the one query used to be when he would move. By distinction, protection secretary Pete Hegseth – additionally in sizzling water over the scandal – had extra White House give a boost to and used to be more difficult to fireplace as his function calls for Senate affirmation.
Whereas Waltz lower a lonely determine within the management, together with his courting with leader of personnel Susie Wiles eroded particularly, a minimum of partially because of his “too big for his britches” angle, one White House best friend advised Politico. And although he did have some give a boost to amongst GOP lawmakers, the ones in Maga circles had been extra sceptical of him, viewing him as an intruder to the motion and too hawkish on international coverage.
Trump to remove Harvard’s tax exempt standing
President Donald Trump on Friday mentioned his management will strip Harvard University of its tax exempt standing.
“We are going to be taking away Harvard’s Tax Exempt Status. It’s what they deserve!” Trump mentioned in a submit on his social media platform.
Rachel Leingang
When Donald Trump selected a Project 2025 writer to guide a key federal company that will perform the underpinnings of the conservative manifesto’s objectives, he solidified the challenge’s function in his 2nd time period.
Shortly after he received re-election, the United States president nominated Russ Vought to guide the place of job of control and funds. Vought wrote a bankruptcy for Project 2025 about consolidating energy within the government department and advances a idea that permits the president to withhold budget from companies, although Congress has allotted them. Consolidating energy, partially via firing a meant “deep state” and hiring loyalists, is a significant plank of the challenge – and of Trump’s first 100 days.
Trump attempted, time and again, to distance himself from the challenge, led by means of the conservative thinktank the Heritage Foundation, at the marketing campaign path after the left used it as shorthand for the dismantling of presidency that will happen if he received. Since he’s taken place of job, the appearance that his concepts had been vastly other from the challenge has fallen.
“The whole distancing themselves from Project 2025 may have pulled some voters,” mentioned Manisha Sinha, a historical past professor on the University of Connecticut, however “my sense is that they’re going to try and push all the items within Project 2025 as much as they can”.
Many of Trump’s strikes in his first 100 days come immediately from Project 2025, which concerned greater than 100 conservative organizations and represented a form of consensus some of the Trumpist proper about what he must do in a 2nd time period. In some circumstances, he has long gone past the challenge’s tips. And in different instances, for the reason that challenge used to be written in 2023, next coverage concepts from the Heritage Foundation have formed his movements and objectives.
Democrats goal susceptible House Republicans over plan to chop social protection web
Chris Stein
Democrats plan to place the squeeze on 4 of essentially the most susceptible Republicans in Congress because the GOP gears as much as move a large invoice that can slash the social protection web to pay for tax cuts.
The Democratic National Committee (DNC) on Friday introduced the “Fight to Save Medicaid”, a drive marketing campaign that objectives to derail the invoice’s passage within the House of Representatives, the place Republicans grasp just a three-seat majority.
The plan goals Nebraska’s Don Bacon, New York’s Mike Lawler and Pennsylvania’s Brian Fitzpatrick, all of whom constitute districts that Kamala Harris carried in final November’s election. Also within the cross-hairs is Tom Barrett, a freshman lawmaker whose district in Michigan went for Trump by means of just a slender margin.
The DNC will organise “people’s town halls” within the 4 lawmakers’ districts this month, in partnership with its House marketing campaign arm, the Democratic Congressional Campaign Committee (DCCC).
The celebration can even inspire citizens to name and e mail the lawmakers to proportion their perspectives at the invoice, grasp in-person gatherings and submit on social media, all ways to which Democrats national have in recent times became as they appear to claw again energy in Washington.
President Donald Trump on Thursday expressed his intent to rename each 8 May and 11 November “Victory Day” in his newest try to adjust the rustic’s nomenclature, AFP reported.
“I am hereby renaming May 8th as Victory Day for World War II and November 11th as Victory Day for World War I,” he wrote on his Truth Social platform.
Victory Day, noticed by means of the European Union on 8 May and in former Soviet nations on 9 May, marks the anniversary of the formal acceptance of Germany’s unconditional give up.
The conflict persisted in Asia till the give up of Japan in early September 1945 after the atomic bombings of Hiroshima and Naqasaki.
Though some within the United States mark the instance, 8 May isn’t a public vacation or celebrated as extensively as in Europe.
“Many of our allies and friends are celebrating May 8th as Victory Day, but we did more than any other Country, by far, in producing a victorious result on World War II,” Trump’s submit mentioned.
Meanwhile, 11 November used to be at first named “Armistice Day” by means of former US president Woodrow Wilson to mark the anniversary of 1918 armistice finishing the armed war within the first global conflict.
It is now a public vacation celebrated within the United States as “Veterans Day” and intended to honor Americans who’ve served in the United States militia.
“We won both Wars, nobody was close to us in terms of strength, bravery, or military brilliance, but we never celebrate anything – That’s because we don’t have leaders anymore, that know how to do so!” Trump persisted. “We are going to start celebrating our victories again!”
Trump threatens Nato summit no-show if allies do not act on spending, Spiegel reviews
Washington’s envoy has warned that US president Donald Trump may skip the approaching Nato summit if different contributors of the defence alliance don’t act on burden-sharing, the Spiegel information mag reported on Friday, bringing up European diplomatic assets.
Germany particularly has come below drive to spice up its defence spending significantly, with US defence secretary Pete Hegseth having spoken together with his German counterpart Boris Pistorius at the factor final week, the file added.
China ‘comparing’ US be offering to speak price lists
Beijing is “evaluating” an be offering from Washington to carry talks over US president Donald Trump’s 145% price lists, China’s trade ministry mentioned on Friday, even supposing it warned the United States to not interact in “extortion and coercion.”
Washington and Beijing were locked in a cat-and-mouse recreation over price lists, with all sides unwilling to be observed to go into reverse in a industry conflict that has roiled international markets and upended provide chains, Reuters reported.
The trade ministry mentioned the United States has approached China to hunt talks over Trump’s price lists and Beijing’s door used to be open for discussions, signalling a possible de-escalation within the industry conflict.
The remark comes an afternoon after a social media account connected to Chinese state media mentioned Washington were searching for to begin talks, and every week after Trump claimed discussions had been already below method, which Beijing denied.
“The US has recently taken the initiative on many occasions to convey information to China through relevant parties, saying it hopes to talk with China,” the remark mentioned, including that Beijing used to be “evaluating this”. “Attempting to use talks as a pretext to engage in coercion and extortion would not work,” it mentioned.
The US must be ready to do so in “correcting erroneous practices” and cancel unilateral price lists, the trade ministry mentioned, including that Washington had to exhibit “sincerity” in negotiations.
Former nationwide safety adviser John Bolton has known as on protection secretary Pete Hegseth to step down, bringing up issues for his private protection.
Speaking on CNN, Bolton – who additionally served as US ambassador to the United Nations below President George W Bush – used to be requested whether or not Hegseth must stay in his place.
“No, I think he should resign for his own safety’s sake, if nothing else,” Bolton spoke back.
He particularly pointed to fresh reviews that Hegseth had shared delicate details about US moves on Yemen by way of the messaging app Signal.
The messages had been reportedly despatched to crew chats that integrated Hegseth’s spouse, brother, private lawyer, and – mistakenly, in a separate chat supposed for cabinet-level officers – Jeffrey Goldberg, editor-in-chief of The Atlantic.
Bolton added that it “is a critical time for the American military. We understand the Trump administration will rightly propose enormous budget increases for defense. We need it. “
“We need a secretary who can get the job done, not somebody who spends his time on Signal chat groups,” he mentioned.
Media rights crew RSF warned Friday about “an alarming deterioration in press freedom” within the United States below Trump.
Paris-based Reporters Without Borders, which has been monitoring press freedom for the final 23 years, highlighted how Trump had made tricky stipulations worse by means of axing US monetary give a boost to for state-backed broadcasters akin to Voice of America and Radio Free Europe/Radio Liberty (RFE/RL), in addition to US international construction help that assisted media shops in another country.
After a fall of 11 puts in 2024, the United States declined every other two to 57th position at the 2025 World Press Freedom Index, one at the back of previously war-torn Sierra Leone in west Africa.
The index, calculated consistent with the selection of violent incidents involving newshounds and different knowledge compiled by means of professionals, used to be crowned by means of oil-rich Norway for the 9th yr in a row. Estonia and the Netherlands had been 2nd and 0.33.
“In the United States, Donald Trump’s second term as president has led to an alarming deterioration in press freedom, indicative of an authoritarian shift in government,” RSF mentioned.
“His administration has weaponised institutions, cut support for independent media, and sidelined reporters.”
Large portions of the United States had been now “news deserts,” RSF mentioned.
Trump introduced Wednesday that he used to be taking into account felony motion towards The New York Times, in his newest assault on a media outlet.
He could also be suing media crew Paramount over a pre-election interview final yr of his Democratic rival Kamala Harris on its CBS channel.
Trump alleges it used to be edited to take away an embarrassing reaction, even supposing many felony analysts view the case as baseless and prone to be brushed aside or fail because of constitutional protections for freedom of the click.
Trump indicators government order to chop investment for public broadcasters
Good morning and welcome to the United States reside weblog amid information that Donald Trump has pulled investment from information shops NPR and PBS, accusing them of being biased.
NPR and PBS are handiest partially funded by means of the United States taxpayer and depend closely on personal donations.
The US president has lengthy had an adversarial courting with maximum mainstream information media, in the past describing them because the “enemy of the people”.
A notable exception is the tough conservative broadcaster Fox News, a few of whose hosts have taken on main roles in his management.
“National Public Radio (NPR) and the Public Broadcasting Service (PBS) receive taxpayer funds through the Corporation for Public Broadcasting (CPB),” Trump mentioned in his government order. “I therefore instruct the CPB board of directors and all executive departments and agencies to cease Federal funding for NPR and PBS.”
You can learn our tale from Agence France-Presse right here:
In different information:
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Mike Waltz used to be relieved of his tasks after clinging on for greater than a month after the inside track broke that he had unintentionally invited a journalist Trump hates to enroll in a Signal crew chat to plot moves on Yemen in March.
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After a morning of reporting on Waltz’s firing, the management, put out a brand new line: Waltz had now not been fired however promoted, since he were nominated to be the brand new US ambassador to the UN. That framing used to be delivered on Fox News by means of Peter Doocy, a community correspondent, after which JD Vance, the vice-president.
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A Reuters {photograph} of Wednesday’s cupboard assembly that used to be in the past overpassed confirmed that Waltz used to be nonetheless the usage of Signal on his telephone as not too long ago as the previous day, to keep up a correspondence with senior officers together with Marco Rubio, Steve Witkoff, Tulsi Gabbard and JD Vance.
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Waltz seems to have put in third-party tool on his telephone that permits Signal to be archived, but in addition makes it much less protected.
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US Supreme Court Justice Ketanji Brown Jackson forcefully rejected what she known as “relentless attacks” at the federal judiciary.
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The US Army has advanced detailed plans for a possible army parade on President Donald Trump’s birthday in June
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Senate Democrats spoke back to the firing of Waltz by means of calling for every other player within the chat, protection secretary Pete Hegseth, to be fired.
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Hegseth’s use of Signal to proportion confidential assault plans together with his spouse and brother is reportedly below investigation by means of the Pentagon’s appearing inspector basic.
