Daniel Avis
@DanielAvis_
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Economics correspondent @AFP. Email me: [email protected]. Formerly @business, @bbcnews. Views my own. DMs open.
Washington, DC
Joined November 2012
Trump says he has directed Musk to review Pentagon spending
Q: Have you directed Elon Musk to review Pentagon spending? "Pentagon, Education, just about everything. We're gonna go through everything."
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RT @washingtonpost: Exclusive: Security officials in the United Kingdom have demanded that Apple create a back door allowing them to retrie…
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RT @MarcACaputo: News: The White House has directed the GSA to terminate "every single media contract" expensed by the agency: "Politico, B…
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Asked about extending Israeli sovereignty over the West Bank, Trump said “people do like the idea,” and added he expects an announcement on the issue “over the next four weeks."
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RT @AFP: China says it will impose tariffs on imports of US energy, vehicles and equipment, firing a return salvo in an escalating trade wa…
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Trump confirms 30-day pause on Canada tariffs on his Truth Social account.
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Following a call with Trump, Canadian PM Justin Trudeau says proposed tariffs will be paused for 30 days. In sum: Assuming Trump confirms, Mexico and Canada's tariffs are now on pause. China's 10 percent tariffs are still set to go into effect.
I just had a good call with President Trump. Canada is implementing our $1.3 billion border plan — reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl. Nearly 10,000 frontline personnel are and will be working on protecting the border. In addition, Canada is making new commitments to appoint a Fentanyl Czar, we will list cartels as terrorists, ensure 24/7 eyes on the border, launch a Canada- U.S. Joint Strike Force to combat organized crime, fentanyl and money laundering. I have also signed a new intelligence directive on organized crime and fentanyl and we will be backing it with $200 million. Proposed tariffs will be paused for at least 30 days while we work together.
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RT @AFP: The Trump administration's attempt to fold the USAID humanitarian agency into the State Department calls into question the future…
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House Financial Services Committee chair weighs in on decision to tap Bessent for CFPB:
🚨Chairman @RepFrenchHill: “I look forward to working with Acting Director and Treasury Secretary Scott Bessent to finally rein in this unaccountable agency by putting the CFPB under the appropriations process, making it a bipartisan commission, and providing appropriate statutory guardrails.” Read more🔗
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Meanwhile, Trump just named Treasury Secretary Scott Bessent acting director of the CFPB
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President Trump appears to confirm one month pause in tariffs against Mexico in a post to his Truth Social account. No news yet on Canada or China.
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Mexican president says US has agreed to pause tariffs for a month, less than 24 hours before they were due to come into effect.
Sostuvimos una buena conversación con el presidente Trump con mucho respeto a nuestra relación y la soberanía; llegamos a una serie de acuerdos: 1.México reforzará la frontera norte con 10 mil elementos de la Guardia Nacional de forma inmediata, para evitar el tráfico de drogas de México a Estados Unidos, en particular fentanilo. 2.Estados Unidos se compromete a trabajar para evitar el tráfico de armas de alto poder a México. 3.Nuestros equipos empezarán a trabajar hoy mismo en dos vertientes: seguridad y comercio. ponen en pausa los aranceles por un mes a partir de ahora.
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WH NEC Director Kevin Hassett on tariffs: "The Mexicans are very, very serious about doing what President Trump said in the executive order...But the Canadians appear to have misunderstood the plain language of the executive order, and they're interpreting it as a trade war."
“This is not a trade war, this is a drug war,” says NEC director Kevin Hassett.
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“At the consumer end of the supply chain, the average price of a new car may climb by about $3,000, Wolfe Research analysts have said, further straining affordability with prices already close to all-time highs.”
Trump's tariffs on Canada and Mexico will disrupt $225 billion in trade, adding $60 billion in costs to the auto industry, and likely increasing car prices by $3,000
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RT @AFP: President Donald Trump said Sunday that Americans may feel economic "pain" from his tariffs on key trading partners, but argued it…
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