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US politics

April

Powell draws applause on independence at closed-door IMF meeting

The Fed chair told the meeting central banks must be shielded from politics to do their jobs.

Dominic Perrottet says Australian governments and business must look past the “theatre” of the Trump administration.

Australia should look past Trump’s theatre, says BHP’s man in US

Former NSW premier Dominic Perrottet says governments and companies are too distracted by short-term drama in America and are ignoring a fundamental shift.

Elon Musk, Donald Trump and Peter Navarro.

Musk calls Navarro ‘Peter Retarrdo’ as Trump tariff spat gets messy

The White House downplayed the disagreement, saying “boys will be boys” and that the administration “will let their public sparring continue”.

Under Trump, America is becoming unrecognisable

Understatement and confidence, decency and expectation; that certain idea of the United States for which the country was once so admired, is evaporating.

Federal Reserve chairman Jerome Powell and US President Donald Trump.

The Fed won’t rescue the US economy from Trump’s tariff folly

All told, stagflation is the optimistic scenario. It is more likely that the US will end up in a full-blown recession accompanied by higher inflation.

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Global leaders had to wait until Donald Trump’s Rose Garden press conference to learn their fate.

How Trump has soured my American dream

There was a chilling edge to the president’s declaration this would be “an entirely different country within a short period of time”.

Donald Trump could return to the Oval Office in 2029 through the vice presidency.

He’s not kidding. Here’s how Trump could serve a third term

Despite a constitutional amendment limiting the election of presidents to two terms, he raised the idea during an interview this week.

March

Donald Trump, in Florida at the weekend, has suggested there are ways to run for a third term.

Trump says he’s considering ways to serve a third term

The comments were an extraordinary reflection of the desire to maintain power by a president who had violated democratic traditions four years ago.

Robert F Kennedy jnr.

Kennedy to slash 10,000 jobs in US health overhaul

Cuts include 3500 at the Food and Drug Administration, 2400 at the Centres for Disease Control and Prevention, and 1200 at the National Institutes of Health.

US President Donald Trump says the next stage of his trade plan will focus on reciprocal tariffs

GST shapes up as Trump trade tariff exemption stumbling block

The US President says he will give ‘a lot of countries breaks’ but officials warn it remains difficult to tell what will be counted as a trade barrier.

US House Speaker Mike Johnson, from Louisiana, Donald Trump announce plans by Hyundai to expand a factory in Louisiana.

Trump may give ‘a lot of countries breaks’ on tariffs

The US administration, however, named Australia among countries it is focusing on for possible levies on April 2, sowing more confusion about the trade war.

US economic data are diverging wildly, fuelling a debate over whether rising anxiety from President Donald Trump’s trade policies will push a moderating economy into a serious downturn.

US data begs the question: Is a slowdown coming?

Diverging economic numbers have experts worried that Donald Trump is leading America into a serious downturn.

Elon Musk holds up a chainsaw he received from Argentina's President Javier Milei, right, as they arrive to speak at the Conservative Political Action Conference, CPAC, at the Gaylord National Resort & Convention Center, Thursday, Feb. 20, 2025, in Oxon Hill, Md. (AP Photo/Jose Luis Magana)

Elon Musk gets ready to enter the restaurant business

Two years ago, the Tesla founder and DOGE chief began to build a diner and drive-in theatre in Los Angeles. Then he became a political lightning rod.

Trump has promised the largest deportation program in American history.

US crackdown expands to legal immigrants and tourists

Border officials are using “enhanced vetting” at ports of entry, prompting American allies such as Germany to update their travel advisories.

Donald Trump signs an executive order at the White House flanked by school children.

Trump shuts down Education Department flanked by school children

Encircled by students seated at desks, the president signed an executive order to dismantle the department in a bid to leave school policy to the states.

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US President Donald Trump is trying to rapidly end the war in Ukraine.

How Trump plans to use an ‘autopen’ conspiracy to overturn laws

The president claimed multiple pardons issued by Joe Biden were void because he used a robotpen, embracing a baseless right-wing theory.

MAGA

Why the MAGA faithful could bring down Trump

The president is entering new and dangerous territory as he pushes ahead with inflation-raising tariffs that could hit US consumers.

The cost of keeping Elon Musk in the White House is growing.

The only question now is how Trump gets rid of Musk

Having given the billionaire more power than any private figure in US history, the president is watching his benefactor turn into an albatross.

Trump and Musk speak to reporters as they sit in the Tesla Model S.

Trump buys a new Tesla on White House driveway to support Musk

The move came as the electric car company faces blowback due to the chief executive’s work to advance the president’s agenda and cut public service jobs.

The Nasdaq saw its biggest one-day drop since September 2022.

ASX heads towards correction as investors sell out of choppy waters

Bell Potter’s Richard Coppleson said it would take more time for a wild market to burn itself out as optimism about Donald Trump’s economic policies soured.

Original URL: https://www.afr.com/topic/us-politics-1nlq