U.S. President Donald Trump on Wednesday urged Americans to remain patient following a first-quarter economic contraction, insisting the downturn was not caused by his tariff policies.
Donald Trump blamed former President Joe Biden for the weak numbers, claiming they were a lingering effect of Biden’s term. Trump said the economy would rebound strongly, promising an unprecedented boom once what he called the "Biden overhang" is cleared.
"This will take time", Trump said, adding that the slump had "nothing to do with tariffs" and encouraging the public to "be patient".
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17:27
Trump Tax
The House Budget Committee passed a key tax and immigration bill late Sunday, overcoming opposition from fiscal conservatives. The bill, central to President Trump’s agenda, now moves to the full House, where GOP leaders face challenges balancing demands from both hard-liners and moderates.
13:31
Putin-Trump
Russian President Vladimir Putin and U.S. President Donald Trump are set to hold a phone conversation today at 17:00 Moscow time, with the discussion expected to reflect the outcomes of recent negotiations held in Istanbul.
12:00
Harvard’s funding
The conflict between the Trump administration and Harvard University has escalated dramatically in recent months, with the federal government freezing billions in funding and explicitly threatening to revoke the university's tax-exempt status.
16:44
Ukraine-Russia War
German Chancellor Friedrich Merz said Sunday he and the leaders of Britain, France and Poland will brief President Trump before his Monday call with Putin, following talks with Secretary Rubio and President Zelenskyy at Pope Leo XIV’s inauguration.
04:00
Nvidia, Cisco, Oracle and OpenAI are backing a massive artificial intelligence data center in Abu Dhabi called “UAE Stargate,” a project closely tied to a similar U.S. initiative launched by president Donald Trump earlier this year.
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