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Trump's White House

Today

Trump and Xi’s aides have discussed a potential meeting between the leaders during a trip by the US president to Asia later this year, citing two people familiar with the plans.

Trump says he may meet Xi following invitation to China

The US president has sought to lower tensions with Beijing in recent weeks after pausing a tit-for-tat tariff war that has upended global trade and supply chains.

Donald Trump and Jair Bolsonaro at Mar-a-Lago in 2020.

Why Trump is picking on Brazil – and how it could backfire

The US president is using tariffs, not just for building domestic manufacturing capacity, but for whatever takes his fancy. And boy does he fancy strongmen.

Donald Trump at the United Nations in 2019.

Trump pulls US out of UNESCO for second time

The president has continued his pattern of withdrawing from global agencies, this time claiming that the UN culture and education agency supports “woke” policies.

Trump immediately deflected from questions about his long friendship with Jeffrey Epstein.

Trump alleges Obama led coup that ‘tried to steal’ 2016 election

“The leader of the gang was President Obama,” Trump told reporters at a White House event. “Barack Hussein Obama: have you heard of him?”

The AUKUS pact was a bid to stem China’s intentions in the Indo-Pacific, but America’s strikes on Iran mean the focus is now on the Middle East.

‘Stronger together’: Congress backs AUKUS ahead of Morrison hearing

Two US congressmen say the tripartite nuclear-powered submarine pact is key to checking Chinese expansionism in the Indo-Pacific region.

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Opposition leader Sussan Ley.

Ley holds the line on net zero policy review as Nats split

The opposition leader is holding the line on climate policy; bills on reducing student debt, reforming childcare safety, and the climate are first on parliament’s agenda. Follow live.

Yesterday

Bessent is viewed as a potential successor to Powell though he said he already has the best job in Washington.

Bessent says entire Fed needs to be examined as an institution

The US Treasury secretary said the country’s central bank should be reviewed, citing what he called “fearmongering over tariffs”.

Billionaire puts $517m UK mansion up for sale over expat tax rules

Norwegian marine tycoon has fled to the United Arab Emirates, blaming the British government’s abolition of the non-dom tax regime for wealthy expats.

The real November 2016 meeting between Donald Trump and Barack Obama in the Oval Office, above, looks to have been digitally altered to create a fake video that the president has shared on social media.

Why under-fire Trump is now trolling Obama

Trump is fond of the art of distraction, including on the Epstein files. But fake videos are not a solid strategy for what is still 3½ years of a presidency to go. 

Trump banishes Murdoch reporter over Epstein files

The US president has always taken an aggressive approach with media who displease him – and this time Rupert Murdoch is in his sights.

Critics say tokenisation threatens to undermine a century’s worth of securities law and investor protections.

Risks and rewards of tokenisation as crypto heavyweights push for it

The financial world is buzzing about a process using blockchain to turn real-world assets such as stocks or real estate into digital tokens.

This Month

A graphic depicting Anthony Albanese on the left and Donald Trump on the right, both tense, with a submarine between them.

Victorian members to push Labor over AUKUS deal

Rank-and-file Labor members are preparing to launch a blistering attack on US president Donald Trump and demand the Albanese government withdraw from AUKUS. 

Lynas-owned Mt Weld is Australia’s flagship rare earths mine.

Little Aussie miner pushes back on Chinese control of critical minerals

An announcement by ASX-listed Tivan is a small example of the effort to build supply chains independent of China.

Emma Tucker

The top female editor who stood firm against Trump’s Epstein fury

The Wall Street Journal’s Emma Tucker has helped fan the flames of the US president’s biggest crisis so far.

Anthony Albanese should remind Donald Trump of the benefits from AUKUS beyond submarines.

Demands over Taiwan need not sink AUKUS, says former Biden aide

Ely Ratner, ex-assistant secretary of defence for Indo-Pacific security, says pressure on Australia to prepare for war is an opportunity rather than a threat.

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Copper inventories in the US are likely to hit 500,000 tons in the coming weeks.

World’s largest copper producer says Trump’s tariffs are causing ‘anxiety’

The chairman of Chile’s state-owned Codelco says the US president’s announcement of 50 per cent tariffs has generated confusion in the industry.

A pedestrian on Wall Street in New York. Results from major American corporations will set the tone for the market, and drive local shares this week.

ASX to fall, but week hinges on RBA speech and Wall Street earnings

Investors will be watching for dovish sentiment in central bank commentary and results from Alphabet and Tesla, as the local benchmark points slightly lower.

Donald Trump with his now-wife Melania, alongside Jeffrey Epstein and Ghislaine Maxwell at Trump’s Mar-a-Lago resort in 2000. Inset: Rupert Murdoch.

Trump’s lawsuit against Murdoch ruptures bond that shaped US right

A Wall Street Journal report on ties between the US president and Jeffrey Epstein is a fresh blow to an old, mutually beneficial alliance.

Ambassador to the US and former prime minister Kevin Rudd.

Rudd ‘confident’ on AUKUS review, rejects defence spending claims

Australia’s ambassador to the US rejects suggestions Canberra is not spending enough on defence and says issues raised about AUKUS will be resolved.

Christopher Waller said he will vote for a rate cut this month.

Waller says he’s willing to lead Federal Reserve if Trump asks

Federal Reserve governor Chris Waller, keen to cut rates this month, said he would accept if the president asked him to be chairman of the central bank.

Original URL: https://www.afr.com/topic/trump-s-white-house-1m69