U.S. Economy

The most recent trillion took about five months to add, and the last $9trillion accumulated in roughly four years.

His 54-45 confirmation was the narrowest margin for a Fed chair since 1977. The vote fell almost entirely along party lines.

In early Feb 2026, the United States and India reached a historic interim trade agreement to de-escalate a months-long trade war.

In Feb, President Donald Trump launched direct‑to‑consumer website TrumpRx.gov that aims to lower prices for many common prescription drugs.

President Donald Trump officially nominated Kevin Warsh on 30 January 2026, to succeed Jerome Powell as the next Chair of the Federal Reserve.

In early 2026, South Korea and the US States had a dispute over delayed ratification of their trade deal and the Coupang investigation, triggering renewed tariff talk.

In Dec 2025, President Donald J. Trump announced landmark MFN agreements with major pharmas to align US drug prices with the lowest prices paid by other developed nations.

On Oct 30, Trump and Xi Jinping agreed to a one-year trade truce in a meeting in South Korea. Both sides agree to reduce their reciprocal tariffs.

South Korea and the US have formalized a trade agreement involving a $350 billion investment pledge from Seoul in exchange for reduced US tariffs.

These deals were designed to address trade imbalances, reduce tariffs on American exports, and secure supply chains for critical minerals. 

Apple is expanding its US investment to $600B over the next four years, anchored by a new $100B commitment to domestic manufacturing.

President Trump signed the GENIUS Act into law, establishing the first comprehensive federal regulatory framework for stablecoins in the US

President Trump’s four-day Gulf Tour resulted in record-breaking investment pledges totaling roughly $2T across Saudi Arabia, Qatar, and the UAE. 

The Economic Prosperity Deal (EPD) was announced in May 2025 by UK PM Keir Starmer and President Trump to de-escalate trade tensions.

A significant stock market downturn occurred in April 2025, triggered by the Trump administration's implementation of sweeping new tariffs.

On April 2, 2025, President Trump announced its “Liberation Day" tariffs on US imports, followed by higher, targeted “reciprocal tariffs”.

In early Feb 2025, President Donald Trump imposed sweeping new tariffs on Mexico, Canada and China, citing illegal immigration and the flow of illicit fentanyl. 

The $500b Stargate investment is designed to fundamentally reshape the American economy, energy landscape, and national security posture.