Tag Archives: Trump

Trump Criticizes Fed Chair Powell Over Interest Rate Policy

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**President Trump Criticizes Federal Reserve Chair Jerome Powell at Asia-Pacific Economic Cooperation Summit**

On October 29, 2025, President Donald Trump openly criticized Federal Reserve Chair Jerome Powell during the Asia-Pacific Economic Cooperation (APEC) summit held in South Korea. Trump ridiculed the Fed’s interest rate policies, highlighting ongoing tensions that could influence U.S. economic strategies and impact market confidence—particularly in interest-sensitive assets such as cryptocurrencies.

### Trump Mocks Powell: Calls for Faster Rate Cuts

Speaking at the APEC summit, Trump labeled Jerome Powell as “Jerome ‘Too Late’ Powell,” a sharp critique of the Fed chair’s handling of interest rate cuts. His remarks drew laughter from the audience and underscored his frustration with what he perceives as the slow pace of monetary policy adjustments.

Trump emphasized his insistence that the Federal Reserve keep interest rates low despite inflation risks. He confidently predicted that the U.S. economy will achieve 4% growth in early 2026—a forecast significantly more optimistic than the median economist predictions.

“We will not let the Fed raise interest rates because they are worried about inflation three years from now,” Trump declared, reinforcing his stance against the Fed’s cautious approach.

### Crypto Markets Watch Fed Moves Amid Rate Debate

Historically, President Trump’s public criticisms of the Federal Reserve have triggered short-term market volatility and sparked debates regarding the stability of the U.S. dollar. Such debates have indirectly fueled interest in cryptocurrencies as alternative stores of value.

As of now, Bitcoin (BTC) is priced at $113,069.26, according to CoinMarketCap. The cryptocurrency boasts a market capitalization of $2.25 trillion and maintains a market dominance of 59.22%. With a maximum supply capped at 21 million and a circulating supply of approximately 19.94 million BTC, the digital asset experienced a slight decline of 0.51% in the last 24 hours.

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Stay tuned for more updates on how Federal Reserve policies and global economic developments continue to shape market dynamics and investor sentiment.
https://bitcoinethereumnews.com/tech/trump-criticizes-fed-chair-powell-over-interest-rate-policy/?utm_source=rss&utm_medium=rss&utm_campaign=trump-criticizes-fed-chair-powell-over-interest-rate-policy

Anti-Zionism is the New Face of Antisemitism

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I stood just a few feet from President Trump’s team as thunderous applause and standing ovations erupted again and again during his speech to the Knesset. It was a historic moment that resonated deeply with everyone present.

As Trump spoke, word spread that all the hostages had been released—a truly remarkable development.

From Jerusalem, the President then traveled directly to Sharm el-Sheikh, Egypt, to meet with Muslim leaders and representatives from nations around the world. Astonishingly, they united behind his peace plan, signaling a new era of cooperation and hope.

There is no question—the war in Gaza is over.
https://www.realclearreligion.org/2025/10/27/anti-zionism_is_the_new_face_of_antisemitism_1143483.html

Trump has begun Asia trip with major trade deal and openness to meeting Kim Jong Un

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Trump then traveled to Japan on Monday to finalize a trade deal. Upon arriving, he shook hands with Emperor Naruhito. He is expected to meet with Japan’s newly elected prime minister, Sanae Takaichi, later on. Committing to a trade deal with the U.S. would be a monumental moment for the start of her term.

Takaichi, a staunch conservative and the first female prime minister of Japan, has drawn comparisons to the late Prime Minister Shinzo Abe, who was a close friend of Trump during his first term. Reminiscing about his friendship with Abe, the president wished Takaichi well in her new job.

“I hear phenomenal things,” Trump told reporters on Air Force One. “She was a great ally and friend of Shinzo Abe, who was my friend.”

“I know they were very close, and I think philosophically they were close, which is good,” he said. “That really helps Japan and the United States. I think she’s going to be great.”

Trump will depart on Wednesday for South Korea, the last planned stop of his three-nation tour. While there, he will discuss the possibility of finalizing a trade deal with Chinese President Xi Jinping.

Their meeting, which comes one day before the start of the Asia-Pacific Economic Cooperation Summit, was previously expected to be scrapped after Trump threatened an additional 100% tariff by November 1 in response to China’s export controls on rare earth minerals.

Trump suggested he would skip the meeting, but once trade tensions eased, the meeting remained on schedule. Treasury Secretary Scott Bessent confirmed on Sunday that the U.S. and China are expected to agree on a trade deal “framework” that will avoid the 100% tariff.

Trump said he is optimistic the U.S. will “come away with a deal” following his meeting with Xi. He also hopes to visit Beijing in the near future and suggested Xi could visit Washington, D.C., or his Mar-a-Lago home in Florida.

Regarding the possibility of meeting with Kim Jong Un, Trump remains open to the idea, partly because it would be easy to add to his schedule, given that South Korea is his last stop.

“I’d love to meet with him, if he’d like to meet,” he said. “I got along great with Kim Jong Un. I liked him, he liked me.” The two have met three times in person.

**TRUMP INKS TRADE DEALS ON ASIA TRIP, WITH US-CHINA AGREEMENT CLOSE AHEAD OF XI MEETING**

At the beginning of his diplomatic tour, Trump made a pit stop in the Middle East and brought the emir of Qatar and the country’s prime minister onto Air Force One. Trump said it was a “great honor” to host the Qatari leaders.

The appearance followed the signing of the peace deal between Israel and Hamas this month. Because Qatar played a mediating role in ending the conflict, Trump thanked the nation’s leaders.
https://www.washingtonexaminer.com/news/white-house/3864631/trump-begins-asia-trip-major-trade-deal-openness-meeting-kim-jong-un/

Trump says he expects to reach trade deal with China on his Asia trip

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President Trump is scheduled to arrive soon in Japan, where new Prime Minister Sanae Takaichi is banking on building a friendly personal relationship with the U.S. leader to ease trade tensions. The meeting is an early diplomatic test for Takaichi, the first woman to lead Japan. She took office only last week and has a tenuous coalition backing her.

Mr. Trump spent Sunday in Malaysia, where he participated in a regional summit of Southeast Asian nations and reached preliminary trade agreements with Malaysia, Thailand, Cambodia, and Vietnam. While en route to Japan, he returned to the press cabin on Air Force One along with Secretary of State Marco Rubio, Treasury Secretary Scott Bessent, and U.S. Trade Representative Jamieson Greer.

Mr. Trump said he would talk about the “great friendship” between the U.S. and Japan during his visit. “I hear phenomenal things” about Takaichi, he said, noting her closeness with former Prime Minister Shinzo Abe, with whom Mr. Trump had a good relationship during his first term. “It’s going to be very good,” he added. “That really helps Japan and the United States.”

Mr. Trump also expressed optimism about reaching a trade agreement with China. Officials from the world’s two largest economies said Sunday that they had reached an initial consensus for Mr. Trump and Chinese leader Xi Jinping to try to finalize during a high-stakes meeting later in the week.

“I have a lot of respect for President Xi,” Mr. Trump told reporters on Air Force One. “I think we’re going to come away with a deal,” he said. He added that he might sign a final deal on TikTok on Thursday. Treasury Secretary Bessent said on “Face the Nation with Margaret Brennan” that a TikTok deal announced last month is set to be finalized on Thursday during the Trump-Xi meeting.

After Japan, Trump’s Asian tour will conclude in South Korea, where he is expected to meet with Xi on the sidelines of the Pacific Rim summit, the Asia-Pacific Economic Cooperation (APEC) forum.

On other matters, Mr. Trump rejected the possibility of running for vice president as a way to get back to the presidency, saying, “I’d be allowed to do it” but wouldn’t because “it’s too cute.” Steve Bannon, a Trump ally, has repeatedly said the president could serve a third term despite a constitutional prohibition. Mr. Trump himself has flirted with the idea but said on Air Force One, “I haven’t really thought about it.”

He praised Rubio and Vance as potential future Republican candidates. “I’m not sure if anybody would run against those two. I think if they ever formed a group, it would be unstoppable,” Mr. Trump said.

Mr. Trump also said he would be willing to extend his trip if there was a chance to talk to reclusive North Korean leader Kim Jong Un. Since South Korea is the president’s last stop before returning to the U.S., “it’s pretty easy to do,” he noted.

Mr. Trump’s overtures to reconnect with Kim have gone unanswered. “If he wants to meet, I’ll be in South Korea,” Trump said.

There are many security issues in the region, including access to the South China Sea and the future of Taiwan. However, Mr. Trump’s focus has undoubtedly been on trade and his desire to realign the international economy under his vision of “America first.” For the most part, that means tariffs, or at least the threat of them.

Mr. Trump has frequently used taxes on imports from allies and adversaries alike in an effort to boost domestic manufacturing or seek more favorable terms. However, his unilateral power to enact tariffs remains contested. The president is awaiting a Supreme Court decision in a case that could solidify or limit his authority.

The president is flying to Tokyo from Kuala Lumpur, where he attended the annual summit of the Association of Southeast Asian Nations (ASEAN). He participated in a ceremonial signing of an expanded ceasefire between Thailand and Cambodia, which fought earlier this year. Trump helped pressure both countries to stop their conflict by threatening to withhold trade agreements.

The ASEAN summit wasn’t a guaranteed part of any president’s itinerary but served as an opportunity for Mr. Trump to reengage with a critical region for the first time since returning to office.

While on his way to Japan, Mr. Trump posted on Truth Social that Argentine President Javier Milei was “doing a wonderful job” as his party beat expectations in midterm elections. “Our confidence in him was justified by the People of Argentina,” Mr. Trump wrote.

Trump ally Milei essentially received a vote of confidence to pursue his policies aimed at breaking long-standing inflation and economic problems in Argentina. A libertarian seeking to unlock free-market forces, Milei has endeared himself to Mr. Trump’s “Make America Great Again” movement with an appearance this year at the Conservative Political Action Conference (CPAC) in the U.S.

The Trump administration provided a $20 billion credit swap line to bolster Milei ahead of the election and was looking to provide an additional $20 billion to support the value of Argentina’s peso.
https://www.cbsnews.com/news/trump-says-he-expects-to-reach-trade-deal-with-china-as-his-asia-trip-continues/

H-1B Visas Have Become a Boon for “So-Called American Companies”

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“So-called American companies say they have no choice but to use the H-1B program because they ‘can’t find Americans for these jobs,’” says InvestAzoria CEO James Fishback.

“Here’s the ugly truth,” he writes, “they’re not even looking for Americans. They refuse to interview them. They hide job postings in obscure newspapers to ‘check the box,’ and when no one ‘applies,’ they import another foreign worker—denying yet another qualified American a job, a wage, and the dignity and purpose that come with both. It’s disgraceful. It’s time to finally and fully dismantle the H-1B scam.”

A community note correctly points out that the postings are required by law and are legal, but this does not change the main point. American companies prioritize H-1B visa holders and abuse the program. They aren’t genuinely seeking American candidates.

Currently, several companies are suing against the $100,000 fee per applicant that President Trump imposed. The former president has vowed to fight these legal challenges.

### The Program Is an Exercise in Abuse

The H-1B visa program is often criticized for being exploited by employers to replace American workers with lower-paid foreign labor, particularly in the IT sector. This practice leads to wage suppression and raises national security concerns.

Originally, the program was designed to fill jobs that are specialized and hard to fill with American workers. However, widespread abuses have undermined the job market for Americans and fueled concerns about its integrity.

Ongoing investigations and regulatory changes aim to address these issues and ensure the program serves its intended purpose without harming U.S. workers.

### Legal Challenges to the $100,000 Fee

The Trump administration is preparing to defend its controversial new H-1B visa policy in federal court, following a wave of lawsuits challenging the $100,000 fee imposed on new visa applicants. The administration argues that this fee hike is necessary to protect American jobs and restore integrity to the skilled worker program.

However, the U.S. Chamber of Commerce contends that the new $100,000 fee is unlawful because it overrides requirements set forth in the Immigration and Nationality Act (INA). Specifically, the litigation asserts that visa fees must be based on the government’s actual costs in processing visas—a benchmark that the six-figure fee drastically exceeds.

In addition to the Chamber’s filing, a broad coalition of unions, employers, educators, and religious groups has filed separate lawsuits in federal courts across Washington, D.C., and California. These groups claim the fee is “arbitrary and capricious” and argue it will ultimately harm critical U.S. industries relying on high-skilled foreign talent.

### Impact on the Tech Sector

The tech sector, including companies like Amazon, Microsoft, and Google, heavily utilizes the H-1B program to fill specialized roles. These legal battles reflect deep divisions over how to balance the needs of American workers with the demand for skilled foreign labor.

Despite these challenges, critics argue that many corporate interests represented by groups like the Chamber of Commerce have little regard for protecting American workers. Instead, their agendas often prioritize access to cheaper foreign labor.

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As debates continue, the future of the H-1B program remains uncertain. Policymakers must carefully weigh the interests of American workers, employers, and national security to craft a fair and effective skilled worker visa system.
https://www.independentsentinel.com/h-1b-visas-have-become-a-boon-for-so-called-american-companies/

Trump’s Asia Tour: Deals, Diplomacy and a Meeting With Xi

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From Kuala Lumpur to Gyeongju, President Trump is casting himself as a deal-maker and peace negotiator.

As he travels through the region, he aims to promote tariff relief and establish steadier ties amid a wary environment.

Leaders and citizens alike are watching closely to see how his diplomatic efforts might impact the future of international relations in this part of the world.
https://www.nytimes.com/2025/10/25/world/asia/trump-japan-korea-china.html

Trump Ends Canada Trade Talks Over Television Ad Using Reagan Speech Against Tariff Policy

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President Trump abruptly halted trade negotiations with Canada on Thursday night, citing a television ad airing in the United States that he claims amounts to foreign interference in a pending Supreme Court case over his administration’s “reciprocal” tariff policy.

His decision followed the Canadian province of Ontario purchasing airtime on U.S. television to run a commercial featuring a speech from President Ronald Reagan, in which Reagan spoke out against tariffs.

“The Ronald Reagan Foundation has just announced that Canada has fraudulently used an advertisement, which is FAKE, featuring Ronald Reagan speaking negatively about tariffs,” Mr. Trump said on Truth Social. He was referring to the Supreme Court’s November 5 scheduled oral arguments regarding legal challenges to a major portion of his tariff policies, which include country-specific rates.

“They only did this to interfere with the decision of the U.S. Supreme Court, and other courts,” he added.

The ad, which aired during an American League Championship Series game between the Toronto Blue Jays and the Seattle Mariners, begins with Reagan saying, “When someone says, ‘Let’s impose tariffs on foreign imports,’ it looks like they’re doing the patriotic thing by protecting American products and jobs, and sometimes for a short while it works, but only for a short time.”

“But over the long run, such trade barriers hurt every American worker and consumer,” Reagan continues in the ad, which was also posted on X by Ontario’s premier, Doug Ford.

“Using every tool we have, we’ll never stop making the case against American tariffs on Canada. The way to prosperity is by working together,” Mr. Ford wrote in his post.

In response, the Reagan Presidential Foundation and Institute announced it was “reviewing its legal options” regarding the use of Reagan’s remarks. The foundation stated that “the ad misrepresents the Presidential Radio Address, and the Government of Ontario did not seek nor receive permission to use and edit the remarks.”

This is not the first time Mr. Trump has ended trade negotiations with Canada. In June, he declared he was “terminating ALL discussions on trade with Canada,” citing concerns about how American tech companies and dairy farmers were being treated.

The Canadian government responded by imposing quotas on steel products.

Prime Minister Carney made a trip to the White House in early October, and relations between the two nations appeared to have improved. During an Oval Office appearance with Mr. Carney, President Trump discussed the “mutual love” between the United States and Canada.

However, tensions remain. “We want Canada to do great,” he said. “But you know, there’s a point at which we also want the same business.”
https://www.nysun.com/article/trump-ends-canada-trade-talks-over-television-ad-using-reagan-speech-against-tariff-policy

Soybean farmer says aid announced by Trump falls short as losses mount from trade war

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Last month, President Trump announced that he would use revenue generated by tariffs to bail out American soybean farmers affected by the ongoing trade war with China.

Farmers were expecting around $13 billion in assistance to help offset their losses. However, the administration is only offering a quarter of that amount, leaving many growers concerned about their financial future.

As Lana Zak reports, these farmers are now facing growing financial strain amid the unresolved trade tensions.
https://www.cbsnews.com/video/soybean-farmer-says-aid-announced-by-trump-falls-short-as-losses-mount-from-trade-war/

PeeWee Goebbels Unhappy Robert De Niro Called Him A Nazi

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Stephen Miller Rants on Sean Hannity’s Show After Robert De Niro Calls Him a “Nazi”

Stephen Miller, known as President Donald Trump’s top aide, went on an unhinged rant during an appearance on Sean Hannity’s show this Wednesday. The outburst came in response to actor Robert De Niro labeling Miller a “Nazi” during a heated exchange on MSNBC over the weekend.

Here’s what set Miller off: While appearing on MSNBC’s “The Weekend” on Sunday, the Oscar-winning actor Robert De Niro, 82, launched into a sweeping critique of the Trump administration. At one point, De Niro singled out Miller, comparing him to Joseph Goebbels—the chief propagandist for the Nazi Party.

De Niro stated, “We see it, we see it, we see it… all the time he will not want to leave. He set it up with… I guess he’s the Goebbels of the cabinet, Stephen Miller. He’s a Nazi.”

The “Goodfellas” star didn’t stop there. He added, “Yes, he is and [Miller’s] Jewish, and he should be ashamed of himself.”

When Sean Hannity invited Miller to respond to De Niro’s comments, Miller eagerly launched into a fierce attack. Notably, Miller completely ignored the Goebbels comparison and instead directed his ire at those he described as tracking what he called “their ICE Gestapo.”

The exchange highlights the ongoing tensions and heated rhetoric surrounding key figures in the Trump administration, with Miller defending his role amid increasingly personal attacks from public figures like De Niro.
https://crooksandliars.com/2025/10/peewee-goebbels-very-unhappy-robert-de

Will Trump’s sanctions against Russian oil giants hurt Putin?

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Washington has announced new sanctions against Russia’s two largest oil companies, Rosneft and Lukoil, in an effort to pressure Moscow to agree to a peace deal in Ukraine. This marks the first time the current Trump administration has imposed direct sanctions on Russia.

Speaking alongside Nato Secretary-General Mark Rutte in the Oval Office on Wednesday, US President Donald Trump said he hoped the sanctions would not need to be in place for long, but expressed growing frustration with stalled truce negotiations.

“Every time I speak to Vladimir [Putin], I have good conversations and then they don’t go anywhere. They just don’t go anywhere,” Trump said, shortly after a planned in-person meeting with his Russian counterpart, Vladimir Putin, in Budapest was cancelled.

Trump’s move is designed to cut off vital oil revenues that help fund Russia’s ongoing war efforts. Earlier on Wednesday, Russia unleashed a new bombardment on Ukraine’s capital, Kyiv, killing at least seven people, including children.

US Treasury Secretary Scott Bessent said the new sanctions were necessary because of “Putin’s refusal to end this senseless war.” He added that Rosneft and Lukoil fund the Kremlin’s “war machine.”

### How Have Rosneft and Lukoil Been Sanctioned?

The new measures will freeze assets owned by Rosneft and Lukoil in the US and bar US entities from engaging in business with them. Additionally, thirty subsidiaries owned by Rosneft and Lukoil have also been sanctioned.

Rosneft, which is controlled by the Kremlin, is Russia’s second-largest company in terms of revenue, behind natural gas giant Gazprom. Lukoil is Russia’s third-largest company and its biggest non-state enterprise.

Together, the two companies export 3.1 million barrels of oil per day, accounting for 70 percent of Russia’s overseas crude oil sales. Rosneft alone is responsible for nearly half of Russia’s oil production, which makes up 6 percent of global output.

In recent years, both companies have been hit by ongoing European sanctions and reduced oil prices. In September, Rosneft reported a 68 percent year-on-year drop in net income for the first half of 2025. Lukoil posted an almost 27 percent fall in profits for 2024.

Meanwhile, last week the United Kingdom unveiled sanctions on the two oil majors. Elsewhere, the European Union is set to announce its 19th package of penalties on Moscow later today, including a ban on imports of Russian liquefied natural gas.

### How Much Impact Will These Sanctions Have?

In 2022, Russian oil groups, including Rosneft and Lukoil, were able to offset some of the effects of earlier sanctions by pivoting exports from Europe to Asia, and by using a “shadow fleet” of hard-to-detect tankers with no ties to Western financial or insurance groups.

China and India quickly replaced the EU as Russia’s biggest oil consumers. Last year, China imported a record 109 million tonnes of Russian crude, representing almost 20 percent of its total energy imports. India imported 88 million tonnes of Russian oil in 2024.

These figures represent a significant increase compared to pre-2022 levels, when Western countries started tightening sanctions on Russia. At the end of 2021, China imported roughly 79.6 million tonnes of Russian crude, while India imported just 0.42 million tonnes.

Trump has repeatedly urged Beijing and New Delhi to halt Russian energy purchases. In August, he levied an additional 25 percent trade tariff on India because of its continued purchase of discounted Russian oil. He has so far refrained from a similar move against China.

However, Trump’s new sanctions are likely to place pressure on foreign financial groups that do business with Rosneft and Lukoil, including banking intermediaries facilitating sales of Russian oil in China and India.

“Engaging in certain transactions involving the persons designated today may risk the imposition of secondary sanctions on participating foreign financial institutions,” the US Treasury Department’s press release on Wednesday’s sanctions states.

As a result, the new restrictions may force buyers to shift to alternative suppliers or pay higher prices. Though India and China may not be the direct targets of these latest restrictions, their oil supply chains and trading costs are likely to come under increased pressure.

“The big thing here is the secondary sanctions,” Felipe Pohlmann Gonzaga, a Switzerland-based commodity trader, told Al Jazeera. “Any bank that facilitates Russian oil sales and with exposure to the US financial system could be subject.”

However, he added, “I don’t think this will be the driver in ending the war, as Russia will continue selling oil. There are always people out there willing to take the risk to beat sanctions. These latest restrictions will make Chinese and Indian players more reluctant to buy Russian oil; many won’t want to lose access to the American financial system. But it won’t stop it completely.”

According to Bloomberg, several senior refinery executives in India, who asked not to be named due to the sensitivity of the issue, said the restrictions would make it impossible for oil purchases to continue.

On Wednesday, Trump said he would raise concerns about China’s continued purchases of Russian oil during his talk with President Xi Jinping at the 2025 Asia-Pacific Economic Cooperation summit in South Korea next week.

### Have Oil Prices Been Affected?

Oil prices rallied after Trump announced the US sanctions. Brent, the international crude oil benchmark, rose nearly 4 percent to $65 a barrel on Thursday.

The US benchmark, West Texas Intermediate (WTI), jumped more than 5 percent to nearly $60 per barrel.

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*Recommended Stories*

– Trump hits Russia’s oil giants with sanctions, EU bans Russian LNG
– EU poised to agree on using frozen Russian assets to help Ukraine in war
– Why planned Trump-Putin talks collapsed, and what it means for Ukraine
– EU moves to ban Russian energy imports by 2028
https://www.aljazeera.com/news/2025/10/23/will-trumps-sanctions-against-russian-oil-giants-hurt-putin?traffic_source=rss