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Donald Trump’s tariffs and trade policies are prompting global economic policymakers to reassess their strategies while highlighting concerns about trade imbalances and reliance on a single economic partner, particularly China.

In today’s World News Briefing: Israel’s deadly strike on Rafah kills 22 as Gaza reels under renewed bombardments. Donald Trump rebukes Zelenskyy over Crimea, prompting international backlash.

Politics continues to dominate the American headlines this morning, 24 April 2025, as Donald Trump signals the tariff war is slowing down, which has settled the markets a bit, along with Trump’s statement that he has no plans to fire the Federal Reserve boss, Jerome Powell.

Trump’s comments on Ukraine, and his new US-led deal, which would require Ukraine to hand over Crimea to Russia, are making national and international headlines. Trump has said he will walk away from Ukraine if a deal isn’t reached soon.

US Secretary of State Marco Rubio has stated that Iran must permanently abandon its nuclear enrichment activities to engage in fruitful negotiations with the Trump administration and avert military conflict.

Donald Trump asserts that a peace deal to end the war in Ukraine is “very close,” urging President Zelenskyy to finalise the agreement.

US news is today heavily domianted by politics, tariffs and stock markets. The US President has clarified that he has no plans to fire Fed boss Jermone Powell despite complaining about his performance via Twitter/X.

The President has also hinted he may reverse his trade tariffs on China as the IMF downgrades the global economy forecasts and warns of a US recession.

Secretary of State Marco Rubio announced a restructuring plan to cut 15% of the State Department’s workforce by closing and consolidating over 100 offices globally.

Elon Musk plans to reduce his time in Donald Trump’s Department of Government Efficiency (DOGE) to focus more on Tesla, amidst a 71% drop in the company’s first-quarter profits and ongoing sales challenges influenced by tariffs.

The Mexican government has condemned a US advertisement warning against undocumented migration, asserting it contains a “discriminatory message” that undermines human dignity and could incite violence against migrants.

The Academy now mandates that all voting members must watch every nominated film in a category to be eligible to vote, a significant change from previous practices.