Tag: Trump

  • Chinese companies shore up US-based production to avoid Trump trade crackdown

    Chinese companies shore up US-based production to avoid Trump trade crackdown

    Chinese companies are shoring up their U.S.-based production and warehouses to evade the Trump administration’s crackdown on Communist Party of China (CCP) imports. 

    Fashion brand Temu is pushing its locally made products after the Trump administration put an end to a lucrative trade loophole that allowed Chinese fast fashion and low-cost goods to make their way into the U.S. and evade tax enforcement. 

    Temu is now promoting items stored in its U.S. warehouses under its “lightning deals” section and a “local warehouse” section on its website. 

    The Trump administration ended an exemption known as “de minimus,” which allowed goods valued less than $800 to enter the U.S. without paying duties. 

    CHINA RESPONDS WITH TARIFFS ON US GOODS AFTER TRUMP’S TARIFFS ON CHINESE IMPORTS TAKE EFFECT

    Fashion brand Temu is pushing its locally made products after the Trump administration cracked down on a lucrative trade loophole. (CFOTO/Future Publishing via Getty Images/File)

    The de minimus rule helped Temu offer the U.S. suspiciously low-cost goods like $5 sneakers and $6 knockoff AirPods. 

    Singapore-based, China-founded fast fashion brand Shein has adopted a similar strategy, and it now has a growing U.S.-based workforce of 1,500 and is increasingly relying on warehouses in California and Indiana. 

    This month, Shein opened a Seattle hub for U.S. fulfillment and logistics operations as it seeks to localize deliveries.

    Meanwhile, Chinese quartz company Sunfat Marble and Granite put out a pro-Trump news release promising “intentions for a historic investment into America, with a commitment to create tens of thousand (sic) new American jobs, including construction of new manufacturing facilities across the heartland of the U.S., with an investment totaling $250 million.”

    “With President Trump in power, we’re more excited than ever to commit to the United States,” the company said in a release seen by Fox Business.

    “We understand Americans are skeptical of Chinese companies and concerned about foreign investment. It’s why we are also announcing a commitment to only hire American workers. There will be no H1-B visas. There will be no undercutting of American wages.”

    CHINA-LINKED FIRM GETS E-ZPASS CONTRACT IN NEW JERSEY, FORMER SENATOR CALLS IT ‘WORSE’ THAN TIKTOK

    Photo of CATL headquarters

    China’s CATL may look to build a plant in the U.S. (REUTERS/Jake Spring/File)

    On Monday, Trump slapped 25% tariffs on all steel and aluminum imports, which came one week after Trump imposed a 10% tariff on all Chinese goods.

    CATL, the world’s top battery maker, has said it will consider building a U.S. plant if Trump opens the door to Chinese investment in the American electric vehicle supply chain. 

    “Originally, when we wanted to invest in the U.S., the U.S. government said no,” CATL founder Robin Zeng told Reuters. “For me, I’m really open-minded.” 

    China’s EV and battery firms are heavily subsidized by the CCP and face some of the steepest trade restrictions due to competition and national security concerns. Chinese EV imports are slapped with a 100% tariff, an effective ban.

    Chinese President Xi Jinping

    Trump says Xi Jinping, China’s president, knows where he stands when it comes to tariffs. (Ton Molina/Bloomberg via Getty Images/File)

    It’s not clear how many of the Chinese-based efforts to build U.S.-based supply chains will be successful, and they pose a risk of furthering CCP intellectual theft by allowing such companies to do business here. 

    This week, Rep. Abe Hamadeh, R-Ariz., wrote a letter to the CEO of a Chinese battery company that operates in California, Stored Power Tech Technology Systems Inc., demanding to know more about its rumored links to China Shipbuilding Corp. (Fangfen), an entity controlled by the CCP. The company touts its ties to Fangfen on its LinkedIn page.

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    “If these allegations are confirmed, the relationship would blatantly violate U.S. law,” said Hamadeh. “The notion of a Chinese state-controlled enterprise penetrating the U.S. battery industry, especially with potential ties to the Chinese military, is a grave threat.” 

  • Trump budget bill raising debt limit by T advances in House

    Trump budget bill raising debt limit by $4T advances in House

    A mammoth bill advancing a broad range of President Donald Trump’s policy goals survived a key hurdle on Thursday, putting Republicans closer to their goal of passing a bill by sometime in May.

    The legislation passed the House Budget Committee on a party-line 21 to 16 vote and is expected to be taken up by the entire chamber for a floor vote later this month.

    It comes despite eleventh-hour negotiations that had the bill’s eventual passage in question even as the committee met to discuss the text on Thursday morning.

    The 45-page resolution directs various House committees to find a sum of at least $1.5 trillion in spending cuts, with $300 billion in new spending allocated toward the border, national defense and the judiciary. 

    BLACK CAUCUS CHAIR ACCUSES TRUMP OF ‘PURGE’ OF ‘MINORITY’ FEDERAL WORKERS

    Speaker Mike Johnson wants the House to advance a Trump budget bill by the end of the month. (Getty Images)

    It also directs $4 trillion toward raising the debt limit, and it includes $4.5 trillion to extend Trump’s 2017 Tax Cuts and Jobs Act (TCJA) and other tax provisions pushed by the president for the next 10 years.

    House and Senate Republicans are aiming to use the budget reconciliation process to pass a broad range of Trump policy goals, from border security to eliminating taxes on tipped and overtime wages.

    By lowering the threshold for passage in the Senate from two-thirds to a simple majority, it will allow the GOP to use their razor-thin majorities to get legislation signed into law with zero Democratic support, provided the measures included relate to the budget and other fiscal matters.

    Conservative spending hawks on the House Budget Committee had demanded assurances that Republicans would seek to cut spending as deeply as possible in the reconciliation process, particularly to offset new spending on Trump’s tax priorities.

    House Budget Chairman Jodey Arrington, R-Texas, told reporters early Thursday afternoon that committee Republicans came to an agreement on an amendment that would win over holdouts, however.

    Jodey Arrington

    House Budget Committee Chair Jodey Arrington ushered the bill through his committee on Thursday.

    The proposal would mandate a corresponding reduction in the $4.5 trillion tax allocation if Republicans failed to cut at least $2 trillion in spending elsewhere.

    Conversely, if spending cuts exceeded $2 trillion, it would increase the amount of money directed toward tax cuts by the same amount.

    “The amendment that will come up is a good amendment,” Rep. Ralph Norman, R-S.C., a Budget Committee fiscal hawk who had issues with the original text, told Fox News Digital. “It’s common sense. It’s doing what we said we’d be doing.”

    SCOOP: KEY CONSERVATIVE CAUCUS DRAWS RED LINE ON HOUSE BUDGET PLAN

    The House advanced its proposal after being forced to punt the committee vote last week in the face of disagreements over where to set the baseline floor for spending cuts.

    Senate Republicans advanced their own plan in the meantime, passing a narrower bill on Wednesday night that included new funding for the border and defense but would leave Trump’s tax cuts for a second package.

    Speaker Mike Johnson, R-La., called that bill a “nonstarter” in the House.

    Lindsey Graham on Capitol Hill

    Senate Budget Committee Chairman Lindsey Graham moved his own version of the bill on Wednesday (AP Photo/Patrick Semansky)

    But while the House’s bill passed a critical test on Thursday, it’s just the first step in a long process.

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    Passing a budget resolution then sends instructions to other committees to seek cuts and policy changes in their respective jurisdictions, before those proposals are added back to one large bill.

    The House and Senate must also agree on a compromise between their two versions and pass identical pieces of legislation before they can be sent to Trump’s desk.

    Republicans have a three seat majority in the Senate and a one seat majority in the House, meaning they can afford precious little dissent among themselves to pass a final bill.

  • Senate Majority Leader Thune says this is the reason why he and Trump are working well together

    Senate Majority Leader Thune says this is the reason why he and Trump are working well together

    EXCLUSIVE: Senate Majority Leader John Thune is getting a tough job done.

    “Senate Republicans have been committed to getting President Trump’s nominees through,” Thune, who’s been on the job steering the Senate for six weeks, told Fox News in an exclusive national digital interview.

    Thune was interviewed ahead of Brooke Rollins’s confirmation as secretary of agriculture, which brought to 16 the number of Trump nominees approved by the Senate.

    Only 11 Cabinet nominees were approved by this date eight years ago during Trump’s first term in the White House.

    SENATE CONFIRMS ANOTHER CONTROVERSIAL TRUMP CABINET NOMINEE

    Senate Majority Leader Sen. John Thune of South Dakota speaks to reporters on Feb. 11, 2025. (AP Photo/Jacquelyn Martin)

    And on this date four years ago, the Senate had confirmed only seven of then-President Biden’s Cabinet nominees.

    Rollins’ confirmation followed the confirmations of two of Donald Trump’s most controversial nominees: former Rep. Tulsi Gabbard as director of national intelligence and Robert F. Kennedy Jr. as secretary of health and human services.

    Gabbard and Kennedy were confirmed on near party-line votes in a chamber the GOP controls with a 53-47 majority.

    “I think that the Senate Republicans have proven that we are united,” the South Dakota Republican said.

    Thune, a two-decade Senate veteran who served in GOP leadership the past few years before succeeding longtime leader Sen. Mitch McConnell as the top Republican in the chamber, emphasized the team effort.

    HEAD HERE FOR LATEST FOX NEWS REPORTING ON PRESIDENT TRUMP’S FIRST 100 DAYS BACK IN THE WHITE HOUSE

    “What you try and do is just try and make the people around you better,” Thune said. “We’ve got a lot of talent in the Senate, people who … we want to deploy and utilize and let them use their gifts and talents [to] get things done around here that need to be done.”

    The senator pointed to his father, a former college athlete and coach, who he said would advise him to “make the extra pass if somebody’s got a better shot. So what we’ve been trying to do is look for an opportunity to make the extra pass. And I think that it does really utilize the great talent we have here in the Senate.”

    Thune says he’s been meeting “fairly regularly” with the president, in person, on the phone and through text.

    President Donald Trump talks to Senate Majority Leader John Thune, R-S.D., left, and House Speaker Mike Johnson, R-La., after speaking at the National Prayer Breakfast in Washington on Feb. 6, 2025.

    President Donald Trump talks to Senate Majority Leader John Thune, R-S.D., left, and House Speaker Mike Johnson, R-La., after speaking at the National Prayer Breakfast in Washington on Feb. 6, 2025. (AP Photo/J. Scott Applewhite)

    “It’s a regular pipeline,” he said. “His team has been really good, too, about working with our team here. I think we’ve had a very constructive working relationship. And I tell people, our incentives are aligned. We all want to get to the same destination.”

    Thune hasn’t always had a constructive relationship with the often unpredictable Trump.

    Trump was critical of Thune in the years after his first term and briefly considered backing a primary challenge against the senator as he ran for re-election in 2022.

    Thune said that “like a lot of people,” he’s had “differences with the president in the past.”

    “But I think right now, we understand the things that we want to get done in the course of his term and the opportunity that we have, which is rare in politics, to have unified control of the government, House, Senate and White House. We need to maximize that, and in order to do that, we’ve got to have a very constructive relationship in which there’s regular communication,” Thune emphasized.

    McConnell was the only Senate Republican to vote against confirming Kennedy and Gabbard. McConnell, who suffered from polio as a child and is a major proponent of vaccines, was critical of Kennedy’s history of high-profile vaccine skepticism.

    Senate Minority Leader Mitch McConnell

    Mitch McConnell (Andrew Harnik/Getty Images)

    “I’m a survivor of childhood polio. In my lifetime, I’ve watched vaccines save millions of lives from devastating diseases across America and around the world. I will not condone the re-litigation of proven cures and neither will millions of Americans who credit their survival and quality of life to scientific miracles,” McConnell said after the Kennedy vote.

    Trump, who’s long criticized McConnell, took aim again.

    “I have no idea if he had polio. All I can tell you about him is he shouldn’t have been a leader. He knows that. He voted against Bobby. He votes against almost everything. He’s a very bitter guy,” Trump charged.

    Thune, interviewed after Gabbard’s confirmation and ahead of the final vote on Kennedy, said the 82-year-old McConnell is “still active up here and still a strong voice on issues he’s passionate about, including national security.”

    “So when it comes to those issues, he has outsized influence and a voice that we all pay attention to,” Thune said. “He’s got views on some of these nominees that maybe don’t track exactly with where I or other Republicans have come down, but we respect his positions on these, some of these noms, and I know that on a lot of big stuff ahead of us, he’s going to be with us. He’s a team player.”

    Thune added, “I’ve had plenty of consultations with him through the years and in recent months and weeks, and we’ll continue to reach out to him when we think it makes sense to get a lay of the land that, based on his experience, he can help us navigate.”

    Senate Majority Leader Sen. John Thune of South Dakota, right, speaks to reporters, Feb. 11, 2025, after a Senate policy luncheon on Capitol Hill.

    Senate Majority Leader Sen. John Thune of South Dakota, right, speaks to reporters, Feb. 11, 2025, after a Senate policy luncheon on Capitol Hill. (AP Photo/Jacquelyn Martin)

    While he’s enjoyed a slew of confirmation victories this week, Thune is realistic.

    “I feel good about how it’s gone so far, but we’ve got some really hard sledding ahead. We know that, and we just have to keep our heads down and do the work,” he cautioned.

    While confirming Trump’s Cabinet is currently job No. 1, Thune is juggling numerous tasks.

    “Obviously, most of our time has been occupied moving the president’s team and getting his nominees confirmed, and we’ll continue to do that. But as we go about that process, we’re looking for windows, too, to move important legislation,” he said.

    He pointed to the Laken Riley Act, quickly passed by the Senate and the House and signed into law by Trump.

    The controversial measure, which is named after a nursing student who was killed by an illegal immigrant while jogging on the University of Georgia’s campus, requires federal immigration authorities to detain illegal immigrants found guilty of theft-related crimes.

    Thune pointed out that the legislation grabbed bipartisan support, but he added that it’s “a bill that was responsive to the election mandate, and it was a bill that divided Democrats and united Republicans.”

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    He also chastised his predecessor as Senate majority leader, Democrat Sen. Chuck Schumer of New York.

    Thune argued that during Schumer’s tenure “the floor would get bogged down. You know, votes would take forever. We’re just trying to make more efficient use of people’s time and get this place kind of operating on a schedule again. We’re going to continue to do that and getting back to regular order.”

  • Judge orders temporary reversal of Trump admin’s freeze on foreign aid

    Judge orders temporary reversal of Trump admin’s freeze on foreign aid

    A federal judge late Thursday issued an order compelling the Trump administration to lift its three-week funding freeze on U.S. foreign aid.

    Judge Amir Ali issued the order Thursday in U.S. district court in Washington in a lawsuit brought by two health organizations that receive U.S. funding for programs abroad.

    In his order, Ali noted that the Trump administration argued it had to shut down funding for the thousands of U.S. Agency for International Development aid programs abroad to conduct a thorough review of each program and whether it should be eliminated.

    TRUMP TEMPORARILY THWARTED IN DOGE MISSION TO END USAID

    A bouquet of white flowers placed outside the headquarters of the United States Agency for International Development, or USAID, is pictured, Friday, Feb. 7, 2025, in Washington. (AP Photo/Manuel Balce Ceneta)

    But the judge said that Trump officials failed to explain why a “blanket suspension” of foreign aid programs was necessary before the programs were more thoroughly reviewed. 

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    USAID was established in 1961 under the Kennedy administration, operating as an independent agency that works closely with the State Department to allocate civilian foreign aid. Under Secretary of State Marco Rubio, the agency could be abolished after its reorganization over the coming days, he said in a letter to bipartisan lawmakers on Feb. 3. 

    Fox News Digital’s Emma Colton and The Associated Press contributed to this report. 

  • Fox News Politics Newsletter: Trump Setting Records

    Fox News Politics Newsletter: Trump Setting Records

    Welcome to the Fox News Politics newsletter, with the latest updates on the Trump administration, exclusive interviews and more Fox News politics content.

    Here’s what’s happening…

    -Trump’s nominee for Commerce secretary passes key vote in the Senate

    USAID workers ask federal judge to uphold restraining order blocking Trump freeze

    -Dems spar over DOGE cuts with Trump education nominee Linda McMahon

    Record setting

    President Donald Trump took to social media on Thursday morning to showcase his frenetic pace since reentering the White House on Jan. 20.

    “THREE GREAT WEEKS, PERHAPS THE BEST EVER,” the president touted.

    Trump has signed 64 executive orders since his inauguration, according to a count from Fox News, which far surpasses the rate of any presidential predecessors during their first weeks in office…Read more

    President Donald Trump speaks as Tulsi Gabbard is sworn in as the Director of National Intelligence in the Oval Office of the White House, on Wednesday, Feb. 12. (AP/Alex Brandon)

    White House

    ‘TOO MANY PEOPLE’: Roughly 75,000 federal employees agree to Trump’s buyout offer…Read more

    SICK AND TIRED: Trump’s ‘Make America Healthy Again’ commission to target autism, chronic diseases…Read more

    FROZEN FUNDS: Pennsylvania’s Shapiro latest Democrat suing ‘unconstitutional’ Trump admin…Read more

    ‘FLEXING HIS EXECUTIVE POWER’: Judicial pushback against Trump’s agenda will likely lead to one final face-off, experts say…Read more

    Donald Trump signs an executive order split with SCOTUS justices

    Several of President Donald Trump’s executive orders are likely to end up before the U.S. Supreme Court. (Getty Images)

    ‘PARTISAN ACTIVIST’: Impeachment threat hits judge who blocked Trump federal funding freeze…Read more

    BACK TO BACK: Trump Agriculture pick confirmed as president racks up Cabinet wins…Read more

    World Stage

    POISONED APPLE: Bipartisan intelligence letter warns Gabbard new UK order for backdoor Apple data could jeopardize Americans…Read more

    ‘SURRENDERING LEVERAGE’: Obama officials, Trump critics target Hegseth’s Ukraine ‘concessions’ as ‘biggest gift’ to Russia…Read more

    UKRAINE DEAL: ‘No betrayal’ in Trump move toward Ukraine war negotiations, Hegseth says…Read more

    United States Secretary of Defense Pete Hegseth

    United States Secretary of Defense Pete Hegseth speaks with the media as he arrives for a meeting of NATO defense ministers at NATO headquarters in Brussels, Thursday, Feb. 13, 2025. (AP Photo/Harry Nakos) (AP Photo/Harry Nakos)

    Capitol Hill

    SENATE SEAT SHAKE-UP: Senate Democrats forced to defend another open seat in 2026 midterms…Raed more

    DEATH TAX: Inheritance tax hits chopping block as more than 200 Republicans push for repeal…Read more

    INTERNAL AFFAIRS: Ways and Means chair calls for de-weaponization, overhaul of IRS after ‘lawless’ behavior…Read more

    CIVICS LESSON: Trump Education nominee Linda McMahon says shutting down DOE would ‘require congressional action’…Read more

    ‘DON’T WATCH THE NEWS’: GOP chairman responds after protesters are tossed from USAID spending hearing…Read more

    FAST-TRACK: Comer, Lee roll out bicameral bill to fast-track Trump’s government reorganization plans through Congress…Read more

    WON’T TOE THE LINE: Fetterman says there ‘isn’t a constitutional crisis’ with the Trump administration: report…Read more

    CHANGE COMING: Kash Patel’s nomination to lead FBI faces first major Senate hurdle…Read more

    Kash Patel sits for Senate confirmation hearing

    Kash Patel, President Donald Trump’s choice to be director of the FBI, arrives for his confirmation hearing before the Senate Judiciary Committee at the Capitol in Washington, Thursday, Jan. 30, 2025. (AP/Ben Curtis)

    MATH TEST: Trump budget bill hits the rocks with GOP rebels, tax hawks ahead of key vote…Read more

    ‘WAR ON WASTE’: DOGE subcommittee holds first hearing slamming $36T national debt, as House Republicans declare ‘war on waste’…Read more

    Across America 

    STEPPING DOWN: NIH principal deputy director, who led agency during COVID, resigns abruptly…Read more

    ‘GIRL,’ DEFINED: Alabama’s What is a Woman Act, to ‘codify common sense,’ primed for gov’s signature…Read more

    Get the latest updates on the Trump administration and Congress, exclusive interviews and more on FoxNews.com.

  • India PM praises Trump, invokes MIGA, “make India great again,” after White House meeting

    India PM praises Trump, invokes MIGA, “make India great again,” after White House meeting

    Indian Prime Minister Narendra Modi took a page from President Donald Trump’s playbook during a joint press conference Thursday, saying he wants to make India great again, or “MIGA.”

    Modi met with Trump at the White House, where the world leaders discussed a range of issues, including trade, the economic relationship between India and the United States and military sales. 

    During a press conference, Modi said Indian people were focusing on their heritage and ways to ensure his nation is developed by 2047. 

    INDIA’S MODI SPEAKS WITH ‘DEAR FRIEND’ PRESIDENT TRUMP AMID HOPES OF FURTHERING TIES

    President Donald Trump and Indian Prime Minister Narendra Modi shake hands during a news conference in the East Room of the White House Thursday. (Photo/Alex Brandon)

    “Borrowing an expression from America, our vision for a developed India is to make India great again, or MIGA,” he said through a translator. “When America and India work together, that is, when it’s MAGA plus MIGA, it becomes a mega partnership for prosperity.

    “And it is this mega spirit that gives new scale and scope to our objectives.” 

    TRUMP’S TARIFF THREATS GO BEYOND ‘TRADE AGREEMENT’ TO ADVANCE AMERICAN INTERESTS: EXPERT

    India's Prime Minister Narendra Modi and President Donald Trump

    Indian Prime Minister Narendra Modi points to President Donald Trump during a news conference in the East Room of the White House Thursday, Feb. 13, 2025, in Washington. (Photo/Alex Brandon)

    At the beginning of the press conference, Trump announced the United States would be providing India F-35 fighter jets and increasing military sales to the country by billions of dollars. 

    Trump also said his administration approved the extradition of Tahawwur Rana, a Canadian citizen of Pakistani origin, one of the plotters of a deadly 2008 terrorist attack that killed 160 people. 

    “I’m pleased to announce that my administration has approved the extradition of one of the plotters and one of the very evil people of the world having to do with the horrific 2008 Mumbai terrorist attack to face justice in India,” Trump said. 

    In addition, Modi said India would accept illegal Indian immigrants in the United States who are deported back home. 

    US air force military aircraft

    A U.S. military plane deporting illegal Indian immigrants lands in Amritsar, India, Feb. 5, 2025. (Adnan Abidi)

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    “Anybody who enters another country illegally,” Modi said, “they have absolutely no right to be in that country.

    “And as far as India and the U.S. is concerned, we have always been of the same opinion. And that is that any verified Indian who is in the U.S. illegally, we are fully prepared to take them back to India.”

  • Trump team digs in, finds millions of wasted dollars at EPA, HUD with DOGE help

    Trump team digs in, finds millions of wasted dollars at EPA, HUD with DOGE help

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    The new administrator for the Environmental Protection Agency (EPA), Lee Zeldin, said he has canceled a Biden-era $50 million environmental justice grant to an organization that believes “climate justice travels through a Free Palestine.”

    Zeldin, who was sworn in as the EPA administrator at the end of January, was a guest on “The Story with Martha MacCallum” on Thursday, where he spoke about canceling the grant.

    “Just earlier today, I canceled a $50 million grant to an organization called the Climate Justice Alliance,” he said. “They say that climate justice runs through a free Palestine. I think that the American taxpayer wouldn’t want $50 million going to this left-wing advocacy group. It’s canceled.”

    Zeldin also noted that Congress has advocated against the grant.

    EPA ADMINISTRATOR ZELDIN DEMANDS RETURN OF $20B IN TAXPAYER MONEY WASTED BY BIDEN ADMINISTRATION

    EPA administrator Lee Zeldin said his team has uncovered billions of dollars that were wasted at the agency under the Biden administration. (Fox News)

    The EPA also sent $160 million to a Canadian electric bus manufacturer under the Biden administration.

    Zeldin said the Biden administration sent the full amount to the manufacturer, rather than making payments along the way as school buses were being produced.

    Since receiving the money, he added, the company has declared bankruptcy.

    “They still haven’t provided $95 million worth of school buses to the 55 school districts,” Zeldin said. “It’s the American taxpayer that gets screwed.”

    TRUMP TAPS FORMER NEW YORK REP LEE ZELDIN TO LEAD EPA

    Former Rep. Lee Zeldin, R-N.Y.

    Former Rep. Lee Zeldin, R-N.Y., President Donald Trump’s pick to head the Environmental Protection Agency, appears before the Senate Environment and Public Works Committee on Capitol Hill, Thursday, Jan. 16, 2025, in Washington. (AP Photo/Mark Schiefelbein)

    On Wednesday, Zeldin announced his team had located $20 billion in taxpayer funds that the Biden administration purposely wasted.

    Two months ago, a video featuring a Biden EPA political appointee circulated, with that individual talking about how they were “tossing gold bars off the Titanic,” and rushing to get billions of tax dollars out the door before President Trump took office.

    Zeldin spoke about the video on X, and said the gold bars were tax dollars, and “tossing them off the Titanic” meant the Biden administration knew they were wasting the money.

    The new EPA administrator said his team has plans to recover the “gold bars” that were found “parked at an outside financial institution,” which he did not mention by name.

    THROUGH THE EPA, WE CAN PURSUE ENERGY DOMINANCE, LEE ZELDIN SAYS | FOX NEWS VIDEO

    Musk in DC

    WASHINGTON, DC – DECEMBER 05: Tesla CEO Elon Musk, Co-Chair of the newly announced Department of Government Efficiency (DOGE), arrives on Capitol Hill on December 05, 2024, in Washington, DC. Musk and his Co-Chair, businessman Vivek Ramaswamy are meeting with lawmakers today about DOGE, a planned presidential advisory commission with the goal of cutting government spending and increasing efficiency in the federal workforce.  (Anna Moneymaker/Getty Images)

    As the EPA continues to find ways funds are being wasted, President Donald Trump’s newly created Department of Government Efficiency (DOGE), which is being led by billionaire Elon Musk, also continues to go agency to agency in search of blown tax dollars.

    Secretary of Housing and Urban Development (HUD) Scott Turner announced the creation of the DOGE Task Force at HUD on Thursday.

    “We will identify and eliminate any waste, fraud and abuse,” Turner wrote on X. “Under President Trump’s leadership, business as usual is over.”

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    He announced his team had identified $260 million in savings, just two days prior.

    Fox News Digital’s Christina Shaw contributed to this report.

  • ‘No reason’ for new nukes: Trump floats disarmament talks with China, Russia

    ‘No reason’ for new nukes: Trump floats disarmament talks with China, Russia

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    President Donald Trump floated a joint meeting with Chinese President Xi Jinping and Russian President Vladimir Putin, claiming he wants all countries to move toward denuclearization. 

    Trump on Thursday told reporters he plans to advance these denuclearization talks once “we straighten it all out” in the Middle East and Ukraine, comments that come as the U.S., Russia and Ukraine are actively pursuing negotiations to end the conflict between Russia and Ukraine. 

    “There’s no reason for us to be building brand new nuclear weapons, we already have so many,” Trump said Thursday at the White House. “You could destroy the world 50 times over, 100 times over. And here we are building new nuclear weapons, and they’re building nuclear weapons.”

    “We’re all spending a lot of money that we could be spending on other things that are actually, hopefully, much more productive,” he said.

    The U.S. is projected to spend approximately $756 billion on nuclear weapons between 2023 and 2032, according to a Congressional Budget Office report released in 2023. 

    PUTIN VIEWED AS ‘GREAT COMPETITOR’ BUT STILL A US ‘ADVERSARY’ AS UKRAINE NEGOTIATIONS LOOM, LEAVITT SAYS

    President Donald Trump floated a joint meeting with Chinese President Xi Jinping, left, and Russian President Vladimir Putin, right, claiming he wants all countries to move toward denuclearization. (Alexander Zemlianichenko/Pool via Reuters)

    Additionally, Trump said that he was aiming to schedule meetings with Xi and Putin early on in his second term and request that the countries cut their military budgets in half. The president said he believes “we can do that,” and remained indifferent about whether he traveled to Xi or Putin, or if they visited the White House. 

    Meanwhile, the U.S. has dramatically reduced its nuclear arsenal since the fall of the Berlin Wall in 1989. 

    The U.S. maintains 3,748 nuclear warheads as of September 2023, a drop from the stockpile of 22,217 nuclear warheads in 1989, according to the Department of Energy. The agency reported the U.S. owned a maximum of 31,255 nuclear warheads in 1966. 

    In comparison, Russia has an estimated stockpile of roughly 4,380 nuclear warheads, while China boasts an arsenal of roughly 600, according to the Federation of American Scientists. 

    Donald Trump at White House

    Trump on Thursday announced plans to pursue denuclearization talks with Russia and China.  (AP/Alex Brandon)

    Trump’s remarks build on previous statements he made in January at the Davos World Economic Forum in Switzerland, where he signaled interest in talks on denuclearization with both Russia and China. 

    “Tremendous amounts of money are being spent on nuclear, and the destructive capability is something that we don’t even want to talk about today, because you don’t want to hear it,” Trump said on Jan. 23. 

    Previous talks between the U.S., Russia and China fell through in 2020 during Trump’s first administration after he refused to sign an extension of the 2010 New Strategic Arms Reduction Treaty with Russia to impose limits on each country’s nuclear arsenals. The treaty ultimately was renewed under the Biden administration and now expires in 2026, but Russia suspended its participation. 

    On Thursday, Trump accused these negotiations of falling apart due what he called the “rigged election” in 2020. 

    NO LONGER TAKEN ADVANTAGE OF: TRUMP SIGNS ORDER PRIORITIZING ‘UNIFIED’ US FOREIGN POLICY FRONT 

    Xi, Putin shake hands

    Trump said that he was aiming to schedule meetings with Xi and Putin early on in his second term and request that the countries cut their military budgets in half. (Xie Huanchi/Xinhua via Getty Images)

    Trump also said on Thursday that Putin wants peace after Russia invaded Ukraine in 2022, comments that followed back-to-back calls with the Russian leader and Ukrainian President Volodymyr Zelenskyy on Wednesday. Treasury Secretary Scott Bessent also traveled to Kyiv on Wednesday. 

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    Trump, who met with Zelenskyy in New York in September 2024, urged Putin to cease the war — or face sanctions — in a post on Truth Social on Jan. 22. 

    “Settle now, and STOP this ridiculous War! IT’S ONLY GOING TO GET WORSE,” Trump wrote. If we don’t make a ‘deal’, and soon, I have no other choice but to put high levels of Taxes, Tariffs, and Sanctions on anything being sold by Russia to the United States, and various other participating countries.”

  • US will be ‘flooded with jobs’ as foreign nations avoid tariffs, Trump says

    US will be ‘flooded with jobs’ as foreign nations avoid tariffs, Trump says

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    President Donald Trump said the U.S. will be “flooded with jobs” as foreign trading partners move industries to American soil to avoid tariffs. 

    “They can build a factory here, a plant or whatever it may be, here,” Trump said Thursday afternoon from the Oval Office. “And that includes the medical, that includes cars, that includes chips and semiconductors. That includes everything. If you build here, you have no tariffs whatsoever. And I think that’s what’s going to happen. I think our country is going to be flooded with jobs.”

    Trump said U.S. consumers could see prices rise in the “short term” due to the tariffs, but that prices will lower and that industries across the board would benefit. 

    “And I think the farmers are going to be helped by this very much because product is being dumped into our country and our farmers are getting hurt very badly by the last administration,” Trump said. “The last administration hated our farmers, like, at a level that I’ve never seen before. I think our farmers are going to be helped. Jobs are going to be helped. But our farmers are going to be helped, our manufacturers are going to be helped.” 

    TRUMP SIGNS ‘RECIPROCAL’ TARIFF PLAN FOR COUNTRIES THAT TAX US GOODS

    President Donald Trump said on Feb. 13, 2025, from the Oval Office that the U.S. will be “flooded with jobs” as foreign trading partners move industries to American soil to avoid tariffs. (Francis Chung/Politico/Bloomberg via Getty Images)

    “And again, if somebody wants to come in, including the car companies, if they want to come in and build car plants, they’ll do it without tariffs. And therefore, prices won’t go up. There could be some short-term disturbance, but long term, it’s going to it’s going to make our country a fortune,” he added. 

    FENTANYL’S FINANCIAL GRIP ON US SKYROCKETED TO $2.7T AT HEIGHT OF BIDEN ADMIN: STUDY

    Trump announced on Thursday that he will impose “fair and reciprocal” tariffs on all major U.S. trading partners. 

    The plan includes tapping Howard Lutnick, Trump’s nominee for commerce secretary, to produce a report on reciprocal trade relations within 180 days. Lutnik said Thursday that he will have the report ready for Trump by April 1. 

    Howard Lutnick, chief executive officer of Cantor Fitzgerald LP and US commerce secretary nominee for US President Donald Trump, right, and President Donald Trump during an executive order signing in the Oval Office of the White House in Washington, DC, US, on Monday, Feb. 10, 2025. Trump ordered a 25% tariff on steel and aluminum imports, escalating his efforts to protect politically important US industries with levies hitting some of the country's closest allies. Photographer: Al Drago/Bloomberg via Getty Images

    The plan includes tapping Howard Lutnick, President Donald Trump’s nominee for commerce secretary, to produce a report on reciprocal trade relations within 180 days. (Al Drago/Bloomberg via Getty Images)

    “On trade I have decided for purposes of fairness, that I will charge a reciprocal tariff – meaning whatever countries charge the United States of America, we will charge them no more, no less. In other words, they charge us a tax or tariff and we charge them the exact same tax or tariff. Very simple,” Trump said at the White House of the tariff plan. 

    Steel plant

    President Donald Trump said U.S. consumers could see prices rise in the “short term” due to the tariffs, but that prices will lower and that industries across the board would benefit. (Getty Images)

    Trump’s reciprocal tariff announcement follows him leveraging tariffs against Mexico, Canada and China earlier in February. The tariffs were created in light of “extraordinary” threats stemming from “illegal aliens and drugs, including deadly fentanyl,” according to Trump’s executive order authorizing the tariffs. 

    Trump’s order authorized tariffs through the new International Emergency Economic Powers Act. It included 25% tariffs on imports from Canada and Mexico and a 10% tariff on imports from China. Energy resources from Canada would have a lower 10% tariff.

    TRUMP IMPOSES TARIFFS ON IMPORTS FROM CANADA, MEXICO AND CHINA: ‘NATIONAL EMERGENCY’

    Trump and the RNC announce a $76 million fundraising haul in April

    President Donald Trump signed an executive order on Feb. 1, 2025, authorizing tariffs on Mexico, Canada and China through the new International Emergency Economic Powers Act. (Donald Trump 2024 campaign)

    Both Canada and Mexico agreed to concessions with Trump the day before the tariffs were set to take effect, pledging to send additional security personnel to their respective borders with the U.S. Trump agreed to pause the tariffs on the two nations for one month in light of the border security concessions. 

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    China, on the other hand, imposed tariffs on some U.S. imports in response to Trump’s tariffs. 

    Fox News Digital’s Greg Norman contributed to this report. 

  • Donald Trump Jr invests in sporting event that will allow steroids

    Donald Trump Jr invests in sporting event that will allow steroids

    The Enhanced Games, the first athletic event in which performance-enhancing drugs will be 100% allowed, has backing from a prominent member of the Trump family.

    The brand announced on Thursday that Donald Trump Jr.’s 1789 Capital has co-led a multimillion-dollar Series B round for the Enhanced Games.

    Dr. Aron D’Souza founded the event in 2023, and the immediate backlash has been strong. He has been told his idea is unsafe, unfair and a mockery of the real Olympics.

    CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM

    Donald Trump Jr. and his eldest child, daughter, Kai Trump, arrive at the Rotunda of the U.S. Capitol for the inauguration. (Melina Mara/The Washington Post via AP, Pool)

    However, Trump now joins billionaire Peter Thiel, the co-founder of PayPal, among the high-net-worth individuals to invest in the games.

    “For over 100 years, elites in charge of global sports have stifled innovation, crushed individual greatness, and refused to let athletes push the limits of what’s possible. That ends now,” Trump Jr. said in a statement. “The Enhanced Games represent the future – real competition, real freedom, and real records being smashed. This is about excellence, innovation, and American dominance on the world stage – something the MAGA movement is all about. The Enhanced Games are going to be huge, and I couldn’t be prouder to support this movement that is changing sports forever.”

    Donald Trump Jr. arrives Day 3 of the Republican National Convention

    Donald Trump Jr. arrives at the Republican National Convention, July 17, 2024, in Milwaukee. (AP Photo/Evan Vucci)

    Added D’Souza, “With these powerhouse investors, we’re building something revolutionary – sports without hypocrisy, where the best can actually be the best. Our investors see the future, and they’re backing it with conviction.”

    Despite the criticism, D’Souza believes his event may be one of the safest in recent memory, as plenty of medical professionals will be on hand, and athletes will go through rigorous testing before they can compete.

    “Ultimately, we have one shot to do this right, and if that has any health complications whatsoever, it would not only derail the company and movement we’re creating, but also the social change that we’re attempting to create here,” D’Souza said in an interview with Fox News Digital last year. 

    A photo of Donald Trump Jr in front of an American flag

    Donald Trump Jr. introduces U.S. Senate candidate Ted Budd at a campaign rally on Oct. 13, 2022, in Greensboro, North Carolina. (Melissa Sue Gerrits/Getty Images)

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    “Ultimately, what we are doing is heavily destigmatizing performance enhancements and I think unlocking the field of performance medicine, which leads to longevity and anti-aging technologies, and the giant publicity storm that we’ve gone through, there’s so much attention, we know the world’s eyes are on us – we know we have to do this right. We know the expectations are very, very high, and there’s a great prize well beyond the future of the Olympics if we do it right, so we have to do it right.”

    It remains to be seen when the events will take place.

    Follow Fox News Digital’s sports coverage on X, and subscribe to the Fox News Sports Huddle newsletter.