Friday, 23 May 2025

Trump threatened a 25% tariff on Apple and Samsung if they do not manufacture iPhones in the United States, wiping approximately $70 billion off Apple's stock market value. The threat came as Trump escalated pressure on major corporations to move production domestic.

Trump announced a 50% tariff on European Union imports effective June 1, stating that trade talks with the EU are 'going nowhere.' The announcement caused stock market declines amid concerns about escalating trade tensions.

Trump signed executive orders to spur a 'nuclear energy renaissance' aimed at constructing new nuclear reactors as part of his energy policy agenda, reversing Biden administration policies on nuclear power.

A federal judge blocked the Trump administration's effort to ban Harvard University from enrolling international students, granting a temporary restraining order after the university sued within 24 hours of the administration's announcement.

A federal judge overturned Trump's executive order that sought to suspend security clearances for lawyers at Jenner & Block law firm, which the president had accused of undermining justice.

A federal judge determined that Trump has the legal power to impose tariffs but transferred the lawsuit challenging the tariffs to a different court, allowing tariff authority to proceed while legal proceedings continue.

Trump announced that Nippon Steel and U.S. Steel will form a 'partnership' after reversing his previous opposition to the Japanese company's acquisition, which had been blocked by the Biden administration on national security grounds.

The Trump administration sought to end protections under the Flores Settlement Agreement that limits child detention time and requires the provision of food, water, and clean clothes to detained child immigrants.

A federal court halted the Trump administration's effort to deport eight men to South Sudan, with the group currently in temporary custody of Homeland Security in Djibouti following legal challenges.

During a meeting with South African President Cyril Ramaphosa, Trump presented images and videos as evidence of 'white genocide' in South Africa, but fact-checking revealed at least one image was from the Democratic Republic of Congo and other materials were false or misleading.