White House officials have told Fox News Digital that Donald Trump’s speech to Congress on Tuesday night will be themed “The Renewal of the American Dream.”
The speech will feature four main sections, according to Fox: accomplishments from Trump’s second term thus far at home and abroad; what the Trump administration has done for the economy; the president’s renewed push for Congress to pass additional funding for border security; and the president’s plans for peace around the globe.
“President Trump has accomplished more in one month than any president in four years — and the renewal of the American Dream is well underway,” White House Press Secretary Karoline Leavitt told Fox News Digital.
“In his Joint Address to Congress, President Trump will celebrate his extraordinarily successful first month in office while outlining his bold, ambitious and common-sense vision for the future.”
We’ll be covering the speech live here tomorrow night, along with reaction and fact-checking.
Oliver O’Connell3 March 2025 22:47
The wild theory was quickly picked up by conservatives and MAGA media personalities, who wondered whether CNN “was tipped off” that a shooting would take place and that the network should be subjected to an investigation.
Oliver O’Connell3 March 2025 22:40
Oliver O’Connell3 March 2025 22:38
Foreign Affairs Minister Mélanie Joly has confirmed that Canada is ready to implement retaliatory tariffs against the U.S. if President Donald Trump goes ahead and imposes tariffs on Canadian goods.
Oliver O’Connell3 March 2025 22:35
Congressman Brian Fitzpatrick, a Pennsylvania Republican and co-chair of the Congressional Ukraine Caucus, believes a mineral deal between the U.S. and Ukraine will be signed soon.
He made the assessment after speaking with Ukrainian President Volodymyr Zelensky’s chief of staff, Andrii Yermak.
“We are 100% getting this train back on the tracks,” Fitzpatrick wrote on X.
Trump praised the proposed agreement Monday as “a great deal,” days after he refused to sign it because he claimed Zelensky was disrespectful during a televised Oval Office meeting at which he and Vice President JD Vance berated the Ukrainian leader.
The deal would give the United States an interest in Ukraine’s rare Earth minerals, which Trump says would compensate the Americans for the billions of dollars in weapons and economic assistance they have provided.
Fitzpatrick wrote that the deal would “ultimately and naturally lead to security assistance.”
Oliver O’Connell3 March 2025 22:25
Oliver O’Connell3 March 2025 22:20
The economists were attending the National Association for Business Economics conference.
“Directionally, we should be expecting higher inflation and slower growth,” Blerina Uruci, chief U.S. economist at T. Rowe Price, told reporters.
Recent studies by the Federal Reserve in Washington and the Fed’s Boston branch have estimated that Trump’s tariffs on Canada, Mexico, and China would raise consumer prices by about 0.5 to 0.8 percentage points within a year. While modest, such an increase would likely be enough to keep inflation notably higher than the Fed’s 2% target, and would likely delay any further interest rate cuts by the central bank.
Both Fed studies find that the impact of tariffs on so-called intermediate goods — electronic components, steel parts, computer chips — would play a critical, if less visible, role in pushing up prices.
In what could be a major setback in ending Russia’s war on Ukraine, the US president launched a tirade just as the prime minister was on his feet in the Commons insisting America was vital, sincere and indispensable in the path to peace.
Sir Keir rejected calls from MPs for Britain to shun Trump and America after last week’s extraordinary ambush on Mr Zelensky in the White House Oval Office.
David Maddox reports from London.
Oliver O’Connell3 March 2025 22:00
President Donald Trump on Monday has said there’s nothing that can be done to prevent him from unilaterally enacting a 25 percent tax on anything Americans purchase that has been imported from Canada or Mexico tomorrow out of his mistaken belief that foreign countries pay tariffs rather than importers and consumers.
Speaking at an event to celebrate a $100 billion investment in American semiconductor manufacturing by the Taiwanese chip giant TSMC, Trump told reporters there was “no room left” for negotiations with Ottawa or Mexico City over the import taxes, which will “go into effect tomorrow.”
Andrew Feinberg reports from Washington, D.C.
Oliver O’Connell3 March 2025 21:40
Wall Street’s main stock indexes slipped on Monday after Donald Trump announced that 25 percent tariffs on Mexico and Canada are “all set” and will begin on Tuesday.
The president made the remarks during an event at the White House, where Taiwan’s TSMC announced a $100 billion investment in the U.S. semiconductor chips manufacturing sector.
The S&P 500 fell 1.8% to 5,849.72, marking its worst day since December and bringing its year-to-date performance to a loss of about 0.5%. The Dow Jones Industrial Average dropped 649.67 points, or 1.5%, to finish at 43,191.24 — at one point the Dow was down nearly 800 points.
The Nasdaq Composite fell by 2.6% to 18,350.19, impacted by Nvidia’s drop of more than 8%.
During Monday’s press conference, Trump said there was “no room left” for either country to negotiate to starve off the tariffs.
“No room left for Mexico or Canada. The tariffs, they’re all set. They go into effect tomorrow,” the president told reporters.
Trump also said reciprocal tariffs would take effect on April 2 on countries that impose duties on U.S. products.
CEOs and economists say the action, covering more than $900 billion worth of annual U.S. imports from its southern and northern neighbors, would seriously damage the highly integrated North American economy.
The tariffs are scheduled to take effect at 12:01 a.m. ET on Tuesday. At that point, Canada and Mexico would face tariffs of 25 percent, with 10 percent for Canadian energy.
Canadian Foreign Minister Melanie Joly told reporters that Ottawa would be ready to respond.
“There’s a level of unpredictability and chaos that comes out of the Oval Office, and we will be dealing with it,” she said.
Amazingly, over on Fox Business, Larry Kudlow decided the fall in the stock market was all the fault of former President Joe Biden.
Oliver O’Connell3 March 2025 21:23
