Donald Trump
President of the United States
Donald Trump
President of the United States
As of April 2025, Donald Trump is serving his second, non-consecutive term as the 47th president of the United States after defeating Joe Biden in the 2024 election. His administration has enacted sweeping changes, including major staff cuts across federal agencies under the newly created Department of Government Efficiency, led by Elon Musk, and rolled back diversity initiatives while pushing hardline immigration and citizenship policies—many of which have sparked legal challenges and nationwide protests. On the global stage, Trump has reignited trade tensions with China by imposing high tariffs, prompting retaliatory measures and market instability. He has also initiated nuclear talks with Iran and continues to promote his “America First” doctrine. Amid his controversial return to power, Trump remains a polarizing figure, with recent developments even including scrutiny of Wikipedia's neutrality and online censorship concerns raised by its co-founder Larry Sanger.
Dimon: US Economy Heading Toward Recession, Needs Quick Trade Deal Progress
- Wednesday, 09 April 2025
According to JPMorgan Chase CEO Jamie Dimon, the US economy is likely heading towards a recession due to President Trump’s tariffs. However, Dimon also expressed hope by emphasizing that the US has the best economy in the world, with GDP per person at $85,000 compared to China's $15,000. He suggested that the key to calming down the markets is for Treasury Secretary Scott Bessent to negotiate trade deals quickly and show progress.