U.S. Senate Hearing on AI Policy Highlights Industry Concerns

On May 8, the U.S. Senate Committee on Commerce, Science, and Transportation held a hearing titled “Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation.” Testifying were leaders from major tech companies, including OpenAI CEO Sam Altman, AMD CEO Dr. Lisa Su, and Microsoft President Brad Smith. The discussion focused on the need […]

Fact Sheet: U.S.–U.K. Reach Historic Trade Deal

Type: Fact Sheet President Trump and U.K. Prime Minister Keir Starmer announced a comprehensive trade agreement. It phases out the 2.5 percent U.S. tariff on new British‑built cars over three years and removes the 10 percent U.K. duty on used American vehicles in the same timeframe. The deal immediately eliminates U.K. duties on U.S. beef and gradually cuts […]

U.S. and U.K. Announce New Trade Agreement

On May 8, 2025, President Donald Trump and U.K. Prime Minister Keir Starmer jointly unveiled a bilateral trade deal designed to deepen transatlantic commerce and reduce longstanding tariff barriers.

Federal Reserve Holds Interest Rates Steady Amid Economic Uncertainty

On May 7, 2025, the Federal Reserve announced its decision to maintain the benchmark interest rate within the range of 4.25% to 4.5%, citing concerns over rising unemployment and inflation pressures. Yahoo Finance Federal Reserve officials, including Richmond Fed President Tom Barkin and New York Fed President John Williams, noted signs of a slowing U.S. […]

U.S. Halts Airstrikes on Houthi Targets in Yemen

Date: May 6, 2025Location: Washington, D.C. President Donald Trump announced on May 6 that the United States would cease its airstrike campaign against Houthi targets in Yemen. The decision follows a ceasefire agreement mediated by Oman, wherein the Iran-aligned Houthi group committed to halting attacks on maritime shipping routes, including the Red Sea and Bab […]

“U.S. Announces New Foreign Investment Policy to Balance Economic Growth and National Security”

President Announces “America First Investment Policy” to Strengthen National and Economic Security Washington, D.C. – In a major policy shift aimed at bolstering U.S. economic security, the President has unveiled the “America First Investment Policy,” a comprehensive directive designed to encourage foreign investment from allied nations while tightening restrictions on adversarial economic influences, particularly from […]

Illegal Border Crossings Decline Significantly in January

Newly released data from U.S. Customs and Border Protection (CBP) indicates a significant decline in illegal border crossings at the southern U.S. border in January 2025. According to the data, a total of 61,465 individuals were apprehended during the month, marking a 36% decrease from December 2024.

U.S. and India Strengthen Strategic Partnership with New Defense, Trade, and Energy Initiatives

The United States and India have reaffirmed their commitment to deepening their Comprehensive Global Strategic Partnership following an official visit by Indian Prime Minister Narendra Modi to Washington, D.C., hosted by U.S. President Donald J. Trump on February 13, 2025. The leaders launched the “U.S.-India COMPACT,” a new initiative aimed at enhancing cooperation in defense, trade, and technology.

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