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Trump Insists US Steel Must Remain American-Owned, Challenging $15B Nippon Deal

President Donald Trump reaffirmed his opposition to foreign ownership of U.S. Steel on Sunday, stating he doesn't believe a foreign company should control the iconic American manufacturer. This repeated stance further dampens prospects for Japan's Nippon Steel's $15 billion acquisition bid. Speaking to reporters aboard Air Force One while returning to Washington from Florida, Trump maintained his position first expressed last Wednesday when he said he didn't want to see U.S. Steel "go to Japan"โ€”comments" that triggered a 7% drop in the company's share price. Following Trump's initial remarks, both companies stated they were working closely with the Trump administration to "secure a significant investment." Japanese Prime Minister Shigeru Ishiba revealed that he and Trump had discussed the deal during their February meeting. "The difference between acquisition and investment must be carefully examined in light of the U.S. law, but […]

Peter Atitebi April 14, 2025

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News

Trump’s Latest Medical Results Show Surprising Health Changes After Assassination Attempt

White House physician Sean Barbabella released a memo Friday detailing President Donald Trump's annual physical, concluding that the president is in "excellent health." According to the memo, Trump exhibits "robust cardiac, pulmonary, neurological, and general physical function." Barbabella noted that the president's "active lifestyle continues to contribute significantly to his well-being." "President Trump's days include participation in multiple meetings, public appearances, press availability, and frequent victories in golf events," he wrote. "President Trump exhibits excellent cognitive and physical health and is fully fit to execute the duties of the Commander-in-Chief and Head of State." The physical included diagnostic and laboratory testing with consultations from fourteen specialists. Barbabella's diagnostic summary mentioned scarring on Trump's right ear from last summer's assassination attempt in Butler, Pennsylvania. According to the memo, Trump's heart, lungs, eyes, hearing, and abdominal exam results were all normal. His […]

Peter Atitebi April 13, 2025

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News

Musk Claims Tesla Stock Suffers Due to His Role in Trump’s Government Efficiency Department

Elon Musk believes his involvement with the Trump administration negatively impacts Tesla's stock performance. At a Wisconsin town hall, Musk stated that his position in the Department of Government Efficiency (DOGE), which advocates for significant government workforce reductions, is generating backlash against Tesla and affecting its stock value. "What they're trying to do is put massive pressure on me and Tesla, I guess, toโ€ฆ stop doing this," Musk said, according to Bloomberg News. "My Tesla stock and the stock of everyone who holds Tesla has gone roughly in half. I mean, it's a big deal." The declining stock isn't the only indicator of public discontent with Musk's political activities. Protesters gathered at Tesla dealerships over the weekend, and there have been reports of vandalism targeting vehicles and dealerships nationwide. Musk's political engagement extends beyond DOGE. He campaigned with Trump during […]

Peter Atitebi March 31, 2025

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Politics

Trump Orders DOGE to Hunt for Voter Fraud, Echoing Failed 2017 Commission

President Donald Trump's recent election executive order has positioned his administration for extended battles over citizenship proof, executive branch authority, and federal election law. Within this order lies a less-noticed directive: assigning Elon Musk's Department of Government Efficiency (DOGE) to investigate voter fraud. The order instructs the Department of Homeland Security to collaborate with DOGE in reviewing states' "publicly available voter registration list and available records concerning voter list maintenance activities," comparing them against federal and state records to identify noncitizen voter fraudโ€”an illegal but rare occurrence. This ambitious undertaking mirrors Trump's previous efforts. During his first term, a voting integrity commission led by then-Vice President Mike Pence and then-Kansas Secretary of State Kris Kobach attempted to create a national voter file in 2017. That initiative failed when 44 states and the District of Columbia refused to share at least […]

Peter Atitebi March 29, 2025

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Technology

Trump Proposes Tariff Reduction to Facilitate TikTok Sale to Non-Chinese Buyers

President Donald Trump has indicated willingness to reduce tariffs on China as part of negotiations to sell TikTok's U.S. operations, with an April 5 deadline looming for the social media platform to find a non-Chinese buyer or face a potential ban. The potential sale stems from national security concerns about TikTok's current ownership by ByteDance, a Chinese technology company. Washington fears the app could be used for data collection and influence operations against the United States, leading to legislation requiring ByteDance to divest its U.S. operations. Trump suggested he might extend the April deadline if an agreement is not reached and proposed using tariff reduction as a potential bargaining chip. In recent months, he has added 20% in additional levies to imports from China, demonstrating his approach to trade negotiations. China's commerce ministry responded diplomatically, expressing willingness to engage with […]

Peter Atitebi March 27, 2025

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Politics

Trump Announces 25% Tariffs on Imported Vehicles and Auto Parts

President Donald Trump has announced a new 25% tariff on all vehicles and auto parts imported into the United States, a move that could significantly impact the automotive industry and consumer prices. The tariffs are expected to have wide-ranging consequences for automakers and consumers. Nearly half of all cars sold in the U.S. last year were imported, according to research firm GlobalData. The announcement immediately affected stock markets, with shares of major automotive companies experiencing notable declines. General Motors saw an 8% drop in after-market trading, while Ford and Stellantis experienced approximately 4.5% falls. International manufacturers like Toyota, Honda, and Hyundai also saw their shares drop between 3% and 4%. The economic impact could be substantial. Cox Automotive predicts the tariffs could add $3,000 to the cost of a U.S.-made vehicle and $6,000 to vehicles manufactured in Canada or Mexico. […]

Peter Atitebi March 27, 2025

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News

Tiger Woods Confirms Relationship with Trump’s Former Daughter-in-Law!

Golfer Tiger Woods has announced he is dating Vanessa Trump, the former daughter-in-law of US President Donald Trump. Vanessa, 47, was married to Donald Trump Jr for 13 years. The pair, who have five children together, divorced in 2018. On Sunday, Woods, 49, posted pictures of Vanessa and himself on social media stating: "Love is in the air and life is better with you by my side! We look forward to our journey through life together." He added, "At this time we would appreciate privacy for all those close to our hearts." It remains unclear what prompted this public announcement, though rumors of their relationship had been circulating in gossip magazines in recent weeks. Woods, who has won 15 major championships, has historically been guarded about his personal life after revelations of his marital infidelities and sex scandals damaged his […]

Ayoola Atitebi March 24, 2025

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News

Trump Schedules Third Cabinet Meeting with Musk Expected to Attend

President Donald Trump will convene his Cabinet secretaries for a third known meeting Monday morning, with Elon Musk expected to participate, according to a senior administration official. The official described the 11 a.m. gathering as a "follow up on the last DOGE meeting," referring to a March 6 meeting where Trump established boundaries on the billionaire's authority following criticism of new cuts by the Department of Government Efficiency. Trump indicated on Truth Social that follow-up meetings would occur every two weeks, with Monday's meeting roughly matching that schedule. This meeting comes as Trump's administration confronts legal challenges regarding immigration and prepares to announce new tariffs โ€” while Musk continues to attract scrutiny over his role. On Friday, Trump rejected a report that Musk would receive a briefing on U.S. military plans for a potential China conflict during a Pentagon visit, […]

Peter Atitebi March 24, 2025

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Politics

Federal Workers Face Uncertainty After Court-Ordered Reinstatements

Raphael Garcia, a Department of Veterans Affairs analyst who was fired last month during President Donald Trump's initiative to reduce the federal workforce, learned this week of his reinstatement following orders from two federal judges. However, Garcia's professional uncertainty continues. Rather than returning to work, he has been placed on administrative leave while the Trump administration appeals the judge's rulings. Though verbally assured he'll receive back pay during his leave period, the tumultuous early days of Trump's second term have left Garcia skeptical. "I'll believe it when I see it," he told NBC News, noting he won't know if his salary has resumed until late March's pay period ends. Garcia is among 24,000 probationary federal workers caught in career uncertainty as Elon Musk's Department of Government Efficiency works to transform federal bureaucracy. These employees have experienced abrupt terminations and reinstatements, […]

Peter Atitebi March 21, 2025

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News

Trump Forces Amtrak CEO’s Sudden Exit as Musk Eyes Railway Privatization

Amtrak CEO Stephen Gardner resigned immediately after more than four years leading the national passenger railroad, following pressure from the White House administration. Sources indicate the decision came at President Trump's request. Gardner stated he was stepping down to "ensure that Amtrak continues to enjoy the full faith and confidence of this administration." Transportation Secretary Sean Duffy emphasized the need to address safety and security concerns at Washington's Union Station, particularly regarding homelessness and crime affecting commuter safety. Meanwhile, presidential advisor Elon Musk has suggested privatizing the railroad. Despite previous attempts to reduce federal funding, Congress recently approved $2.42 billion for Amtrak through September 2024. The railroad has shown strong performance, with ridership exceeding pre-pandemic levels and reaching 32.8 million customer trips in 2023, a 15% increase. Passenger revenue grew 9% to $2.5 billion, while operating losses decreased 9% to […]

Peter Atitebi March 20, 2025

ยฉ 2024 Clarity News Daily

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