Domestic Affairs
The United States Senate narrowly passed President Donald Trump's sweeping domestic policy legislation on Tuesday, July 1, 2025, with Vice President JD Vance casting the decisive tie-breaking vote in a 51-50 decision. The One Big Beautiful Bill Act, as it is formally titled, represents the cornerstone of Trump&
Domestic Affairs
Introduction Elon Musk, the billionaire entrepreneur and former head of the Trump administration’s Department of Government Efficiency (DOGE), has launched a scathing critique of President Donald Trump’s flagship legislative initiative—the One Big Beautiful Bill Act. In a series of social media posts and interviews, Musk denounced the
Domestic Affairs
Introduction The Organisation for Economic Co-operation and Development (OECD) has delivered a stark warning about the trajectory of the U.S. economy, slashing its 2025 growth forecast to 1.6%—a significant downward revision from the 2.1% projected in March 2025. This adjustment, detailed in the OECD’s June
Domestic Affairs
Introduction Elon Musk, the high-profile CEO of Tesla and SpaceX, has officially stepped down from his role as the head of the Department of Government Efficiency (DOGE) and is departing from his advisory position within the Trump administration. Musk’s tenure, which began on Inauguration Day 2025, was marked by
Domestic Affairs
Introduction On May 28, 2025, a pivotal ruling by the U.S. Court of International Trade halted President Donald Trump’s sweeping “Liberation Day” tariffs, marking a major judicial check on executive authority in American trade policy. The court found that President Trump exceeded his legal powers by attempting to
Domestic Affairs
Introduction On May 23, 2025, President Donald Trump reignited his trade war rhetoric, this time directly targeting Apple Inc., the world’s most valuable technology company. In a series of posts on his Truth Social platform, Trump threatened to impose a 25% tariff on all iPhones sold in the United
Domestic Affairs
Introduction The U.S. economy is showing mounting signs of deceleration as a broad array of economic indicators point to a weakening outlook. The Conference Board’s Leading Economic Index (LEI) for the U.S. fell sharply by 1.0% in April, marking its largest monthly drop since March 2023.
Domestic Affairs
Introduction In a historic move, Moody’s Investors Service downgraded the United States’ sovereign credit rating from Aaa to Aa1 on Friday, May 16, 2025. This action, driven by mounting concerns over the nation’s $36 trillion debt and the fiscal trajectory set by President Trump’s push to extend
Domestic Affairs
Introduction The latest government data reveal that U.S. inflation cooled in April 2025, with the Consumer Price Index (CPI) rising by just 0.2% for the month and 2.3% over the past year-the smallest annual increase in four years. This moderation, driven by falling prices for essentials like
Domestic Affairs
Executive Summary On May 12, 2025, the United States and China announced a landmark agreement to suspend most of the punitive tariffs imposed on each other over the past several months. This 90-day truce, reached after intensive negotiations in Geneva, marks a critical turning point in the ongoing trade war
Domestic Affairs
Domestic Affairs