The president is in favor of replacing the subsidies with high tariffs in a bid to get foreign companies to manufacture in the United States. President Donald Trump is calling for an end to a $52.7 billion semiconductor subsidy program aimed at encouraging companies such as Intel, TSMC, and Samsung to expand manufacturing in the
The claims come as the Trump administration has held talks aimed at ending the Russia–Ukraine war. The Department of Defense denied claims in anonymously sourced media reports that Pentagon chief Pete Hegseth had stopped U.S. cyber operations against Russia. In a statement posted on social media platform X on March 4, the Pentagon’s rapid response
Washington — The Department of Veterans Affairs plans to slash thousands of employees in the coming months as part of President Trump’s initiative to scale back the size of the federal government, according to a memo from the agency’s chief of staff. The memo, sent Tuesday to top Veterans Affairs officials and obtained by CBS
The decision comes amid pressure for Ukraine to reach a peace deal in its war with Russia. CIA Director John Ratcliffe confirmed on March 5 that the Trump administration ordered a halt to intelligence cooperation with Ukraine, after the administration halted all military aid to the country. “President [Donald] Trump had a real question about
Trump outlines his economic plans to Congress Trump outlines his economic plans to Congress 28:13 President Trump is giving a one-month exemption to U.S. automakers from the round of tariffs that took effect on March 4, White House press secretary Karoline Leavitt said on Wednesday. Mr. Trump’s imposition of 25% tariffs on all goods imported from Canada
Washington—Vice President JD Vance, Defense Secretary Pete Hegseth and Director of National Intelligence Tulsi Gabbard are at the southern border Wednesday to highlight the Trump administration’s efforts to combat illegal crossings and drug trafficking, the day following President Trump’s joint address to Congress in which immigration played a prominent role. The top administration officials are
During the final months of the Biden administration, the National Institutes of Health awarded $28 million to a mysterious venture-backed company called Vaccine Company Inc., a biomedical firm founded in 2022 whose chief financial officer happens to be one of former president Joe Biden’s top COVID advisers. To Sen. Joni Ernst (R., Iowa), the September