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Donald Trump

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The U.S. trade deficit jumped to $68.1 billion in November, the highest monthly deficit in 14 years, as a surge in imports overwhelmed a smaller increase in exports.

The November gap between what America buys from abroad compared to what it sells abroad rose by 8% from the October deficit of $63.1 billion, the Commerce Department said Thursday.

The increase reflected a 2.9% increase in imports of goods and services to $252.3 billion on a se...


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Lawmakers of both parties raised the prospect Thursday of ousting President Donald Trump from office, and House Speaker Nancy Pelosi said that if he wasn’t removed, the House may move forward with a second impeachment.

Though Trump has less than two weeks in office, lawmakers and even some in his administration began discussing the issue Wednesday afternoon as Trump first refused to forcefully condemn the violent assault on the U.S. Capitol by a mob of his supporters, and then appeared to excuse it.

Senior Trump administration officials raised the long-shot possibility of invoking Section 4 of the 25th Amendment — the forceful removal of Trump from power by his own Cabinet.


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In a post on Thursday, CEO Mark Zuckerberg announced that Facebook is banning Donald Trump from posting on its platform for the remainder of his term as president.

"The shocking events of the last 24 hours clearly demonstrate that President Donald Trump intends to use his remaining time in office to undermine the peaceful and lawful transition of power to his elected successor, Joe Biden."


Reuters | Equities.com |

Hours after hundreds of President Donald Trump’s supporters stormed the U.S. Capitol in a harrowing assault on American democracy, a shaken Congress on Thursday formally certified Democrat Joe Biden’s election victory.

Immediately afterward, the White House released a statement from Trump in which he pledged an “orderly transition” when Biden is sworn into office on Jan. 20, although he repeated his false claim that he won the November election. On Wednesday, the Republican president had seemingly encouraged his followers to swarm the Capitol.


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Two top aides to first lady Melania Trump resigned on Wednesday in the wake of violence on Capitol Hill, and more top White House officials were considering resigning, including national security adviser Robert O’Brien and his deputy, Matthew Pottinger, sources familiar with the matter said.

Stephanie Grisham resigned as chief of staff to the first lady after supporters of President Donald Trump violently occupied the U.S. Capitol in an effort to block Congress from certifying the presidential election results.


Reuters | Equities.com |

The head of a major U.S. business group that represents 14,000 companies including Exxon Mobil Corp, Pfizer Inc and Toyota Motor Corp urged senior U.S. officials to consider removing President Donald Trump from office after supporters of the outgoing president stormed the U.S. Capitol.

National Association of Manufacturers Chief Executive Jay Timmons said Trump “incited violence in an attempt to retain power, and any elected leader defending him is violating their oath to the Constitution and rejecting democracy in favor of anarchy. ... Vice President (Mike) Pence, who was evacuated from the Capitol, should seriously consider working with the Cabinet to invoke the 25th Amendment to preserve democracy.”


Reuters | Equities.com |

Twitter said on Wednesday it had temporarily locked the account of U.S. President Donald Trump for 12 hours over "repeated and severe violations" of the social media platform's civic integrity rules and threatened permanent suspension.

Twitter said it required the removal of Trump’s tweets “as a result of the unprecedented and ongoing violent situation in Washington, D.C,” after pro-Trump protesters stormed the U.S. Capitol in an attempt to force Congress to overturn the election result.

It said if the tweets, in which the president pushed baseless claims about the election, were not removed then the account would remain locked, meaning the president would be unable to tweet from @realDonaldTrump.


Reuters | Equities.com |

Outgoing U.S. President Donald Trump addressed thousands of supporters, including members of far-right groups, at a rally in Washington protesting Wednesday’s meeting of Congress to confirm his election loss to President-elect Joe Biden in November.

A short walk from the rally, hundreds of Trump supporters overturned barricades and clashed with police on the grounds of the U.S. Capitol where Congress was meeting, clambering onto the structures erected for Biden’s inauguration ceremony on Jan. 20 to unfurl Trump flags and gathering on the Capitol steps. Police used teargas and pepper spray on some of the protesters.


Reuters | Equities.com |

Despite pressure from U.S. President Donald Trump to help overturn his election loss, Vice President Mike Pence will stick to his ceremonial duties and not block Wednesday’s certification by Congress of President-elect Joe Biden’s victory, advisers said.

Trump ramped up pressure on Pence on Tuesday to block congressional certification of the November election results in an ongoing attempt to stay in power, after dozens of lawsuits by his campaign challenging the outcome failed in U.S. courts.

The vice president, a loyal lieutenant during the four years of Trump’s often chaotic presidency, has no plans to intervene and has told Trump he does not have the power to do so, even as he seeks to show support for the Republican president’s quest.


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Top national security agencies confirmed Tuesday that Russia was likely responsible for a massive hack of U.S. government departments and corporations, rejecting President Donald Trump’s claim that China might be to blame.

The rare joint statement represented the U.S. government’s first formal attempt to assign responsibility for the breaches at multiple agencies and to assign a possible motive for the operation. It said the hacks appeared to be intended for “intelligence gathering,” suggesting the evidence so far pointed to a Russian spying effort rather than an attempt to damage or disrupt U.S. government operations.