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Trump's America

This Month

The governments of Olaf Scholz, Justin Trudeau and Yoon Suk Yeol are all in crisis.

Why the world’s leading democracies are in crisis

The majority of G7 governments are now so burdened with domestic political problems that they are incapable of steering their own countries – let alone the free world.

  • Gideon Rachman
President Joe Biden speaks about the sudden collapse of the Syrian government under Bashar Assad from the Roosevelt Room at the White House in Washington, Sunday, Dec. 8, 2024. (AP Photo/Manuel Balce Ceneta)

Biden commutes sentences for 37 out of 40 inmates on federal death row

The move will frustrate Donald Trump’s plan to expand executions. Unlike executive orders, clemency decisions cannot be reversed by a president’s successor.

  • Updated
  • Nandita Bose
Australian citizen and former US Marine Daniel Duggan has been in custody since October accused of training Chinese pilots, but denies doing anything illegal.

Australian fighter pilot to be extradited over China training claim

Attorney-General Mark Dreyfus said he considered all evidence before him before deciding father of six Daniel Duggan should face court in the United States.

  • Luke Costin and Jacob Shteyman
Donald Trump’s election win was good for Y’ALL.

This pro-Trump ETF just smashed its rivals

An exchange-traded fund created for “flag-waving conservatives” beat its political competitors this year and the benchmark S&P 500.

  • Updated
  • Saijel Kishan and Jeff Green
Governments around the world have raised concerns about TikTok’s alleged data harvesting.

Trump hints at change of heart on TikTok ban

The role of the popular social media app in last month’s election victory may have convinced the president-elect to give parent company ByteDance a reprieve.

  • Gram Slattery
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China’s advanced manufacturing muscles have exploded in size, sophistication and quantity.

China’s staggering manufacturing muscle needs to be seen to be believed

Since Trump was last in office, Beijing has doubled down on its efforts to gain global supremacy in electric cars, robots and rare materials. America could be toast if it doesn’t respond.

  • Thomas Friedman
If Donald Trump wins in November, expect even greater strain on American institutions. But he’s unlikely to be an “imperial president” abroad.

How long will Donald Trump’s dream run last?

The president-elect returns to Washington with a huge stock of political capital and a big to-do list.

  • Matthew Cranston
Federal Reserve chief Jerome Powell is walking a tightrope.

Inflation risk crashes into political risk

Market tantrums and the fall in the Australian dollar in response to the US Fed show that next year is likely to be even more volatile.

  • Jennifer Hewett
Trump, 78, told reporters before Christmas that he was trying to ease tensions around the world.

Trump torpedoes funding bill, triggering government shutdown fears

The president-elect has intervened in a bipartisan deal to continue government funding for programs, raising the odds of a federal shutdown before the holidays.

  • Lisa Mascaro and Kevin Freking
Roy  & a pudgy penguin

As meme coins and bitcoin surge, NFTs have been left behind

While bitcoin has surged to fresh highs in the Trump crypto rally, the price recovery of Bored Apes and other NFT art collections has been much less pronounced.

  • Tess Bennett
Donald Trump and Elon Musk.

Why Musk has hit payday even before Trump takes office

The Tesla chief executive and other super-wealthy entrepreneurs could benefit from deregulation with the new president, but some are already reaping rewards.

  • Edward Luce
Defence Minister Richard Marles visiting a naval base in Plymouth.

Trump won’t torpedo AUKUS subs deal, says Marles

Despite fears the president-elect will cool on the pact as the US struggles to produce enough submarines, the Australian defence minister says he will back the deal.

  • Updated
  • Hans van Leeuwen
Sales at auto dealerships jumped 2.6 per cent, likely boosted by residents replacing motor vehicles damaged by Hurricanes Helene and Milton.

US November retail sales rev higher on new motor vehicles

Retail sales jumped 0.7 per cent last month, more than expected, and October’s sales were revised higher, consistent with the economy’s underlying momentum.

  • Lucia Mutikani
The ABC News ticker in Times Square.

‘Libel warfare’: ABC payout to Trump sends chill across US media

There are now fears that Trump, who has threatened libel lawsuits against news media for decades, could use presidential power to muzzle the press.

  • Anna Nicolaou, Christopher Grimes and James Politi
Novonix CEO Chris Burns: “If you step away from the noise, we continue to see that the battery and critical minerals sectors will be supported.”

US backs Oz firm’s graphite factory to loosen China’s EV grip

The energy department has offered Novonix a $1.2 billion loan to underwrite construction of the first large-scale synthetic graphite facility in North America when complete.

  • Nic Fildes and Harry Dempsey
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SoftBank Group CEO Masayoshi Son jokes with Donald Trump during a news conference.

SoftBank woos Trump with $157b investment

The president-elect said he is embraced by business executives as technology leaders and founders flock to Florida ahead of his second term.

  • Updated
  • Akayla Gardner and Hadriana Lowenkron
Hunting down winter bargains in Beijing. Consumption remains weak in China.

Weak consumption drags on China as Trump tariff threat looms

Weaker retail figures come despite a boost from online shopping promotions and government-subsidised trade-in programs that have lifted sales in some sectors.

  • Kevin Yao and Ethan Wang
A Palestinian woman among rubble after Israeli shelling in the Nuseirat refugee camp in central Gaza.

Right’s cancel culture distorts diplomacy

The government is under fierce attack for its UN voting patterns on Gaza, but it is voting in keeping with global norms.

  • James Curran
Donald Trump takes part in an ABC presidential debate in September.

Trump wins $24m defamation payout from ABC America

The outcome of the lawsuit marks an unusual victory for the president-elect in his ongoing legal campaign against national news organisations.

  • Michael M. Grynbaum and Alan Feuer
Luigi Mangione

Why Luigi Mangione stars in a new era of villainy

What explains the public fascination with the man charged with murdering UnitedHealthcare chief Brian Thompson?

  • Jo Ellison

Original URL: https://www.afr.com/topic/trump-s-america-1mp2