It’s the 101st day of Donald Trump’s second term as US president – and we’re expecting figures that could reveal the impact of his tariffs on the American economy. Listen to the latest episode of The World podcast, on Trump’s first 100 days, as you scroll.
Wednesday 30 April 2025 13:00, UK
Another episode of The World with Richard Engel and Yalda Hakim was released this morning.
This week, Yalda and Richard discuss whether there is any rationale behind President Trump’s foreign policy or if he is just winging it.
They analyse the most recent volte-face on his attitude towards Volodymyr Zelenskyy and Vladimir Putin, and the impact on his popularity at home.
They also discuss the status of a possible US-Iran nuclear deal.
To get in touch or to share questions for Richard and Yalda, email theworld@sky.uk – and click here to follow The World wherever you enjoy your podcasts.
Donald Trump is simply “trolling” when he suggests he might run for office for a third term, the White House said this week.
The president has continued to flirt with the prospect of serving until 2033, when he would be 86 years old.
In March, he told our US partner network NBC News that he was “not joking” about potentially seeking a third term, which the American Constitution forbids.
The idea came up on Monday during a White House news briefing reserved for what the administration dubs as “new media”.
Press secretary Karoline Leavitt was asked to play a game where she was supplied with a Trump proposition, and she had to determine whether the president is telling the truth or “trolling”.
Asked about his talk about running in 2028, she said: “Trump trolling, although the hats are flying off the shelves.”
The Trump Organisation has begun selling red hats and T-shirts with “Trump 2028” embroidered in bright white font on the front.
Hats are priced at $50 (£37), while the shirts, which also feature the phrase “Rewrite the Rules”, are priced at $36 (£26).
Trump seemingly debuted his latest piece of apparel – a hat with “Gulf of America” emblazoned on the front – earlier this week.
As we’ve mentioned, we’re expecting some big figures on the US economy this afternoon.
But before those are released, economists have already been predicting a sharp slowdown in American gross domestic product (GDP).
A Reuters survey of economists forecast GDP likely increased at a 0.3% annualised rate last quarter, which would be the slowest pace since the second quarter of 2022.
But the survey was concluded before data on Tuesday showed the goods trade deficit surged to an all-time high in March amid record imports, which prompted economists to sharply downgrade their GDP estimates.
“The trade shock now looms large, overshadowing everything else that the White House has attempted to accomplish,” said Joe Brusuelas, chief economist at RSM US.
“The fact that we’ve gone from trade shock to financial shock to a possible recession in less than 100 days ought to give pause to those who want to continue down this road of tariffs.”
What effect did Trump’s tariffs have?
The problem is the economy has been swamped by a deluge of imported goods by businesses eager to avoid higher costs, underscoring the disruptive nature of Donald Trump’s often chaotic tariff policy.
Economists estimated the trade deficit subtracted as much as 1.9 percentage points from GDP last quarter.
Consumer confidence is near five-year lows and business sentiment has tanked, while airlines have pulled their 2025 financial forecasts, citing uncertainty over spending on nonessential travel because of tariffs, which economists have warned will raise costs for companies and households.
We should know more later today, when the Commerce Department’s advance GDP report comes out.
However, some economists warned against placing too much weight on the GDP number, arguing that an unusually large amount of non-monetary gold had accounted for some of the jump in imports.
As mentioned in our previous post, Donald Trump has several items on his schedule today.
Here’s his official itinerary:
Welcome to live coverage of news from the US under Donald Trump, who is now in the 101st day of his second term as president.
The leader celebrated his first 100 days yesterday with a rally in Michigan, but appeared to spend much of it in campaign mode – returning to familiar fixations on past grudges and grievances.
Repeatedly mocking Joe Biden, Trump attacked his Democratic predecessor’s mental acuity and even how he appears in a bathing suit.
He also repeated the lie that he won the 2020 presidential election, while criticising polling and news coverage unfavourable to him.
As readers of our live coverage yesterday will be aware, a succession of recent polls showed his popularity among voters as having fallen significantly – with some indicating he now has the lowest approval rating on record of any president after 100 days.
Following his rally in Michigan yesterday, Trump’s interview with ABC was aired – details of which we’ll bring you shortly in a couple of posts.
The Republican is due to make a number of public appearances today, the first of which comes when he takes part in a cabinet meeting in the White House at 11am local time (4pm UK time).
Crucially, they’ll come after figures showing how the US economy is doing are released at around 1.30pm UK time.
Stay with us for updates on that and other developments related to Trump and his administration throughout the day.
That’s all for our coverage of Donald Trump’s 100th day in office.
We’ll be back tomorrow morning with more updates. Until then, here’s a rundown of what happened today:
Here are the highlights of Donald Trump’s speech in Michigan marking his first 100 days as president.
Donald Trump has just walked off the stage in Michigan.
Much of his speech tonight echoed what has been heard previously – including some of the greatest hits from his election campaign.
It started in familiar fashion, to the sound of God Bless The USA by Lee Greenwood.
“I miss you guys. I miss the campaign,” he told the crowd.
Trump then recycled many of his favourite talking points, repeating attacks on judges and his predecessors, as well as making claims about the economy and immigration.
In true Trump style, he was caged by no single topic and strayed freely across everything from “eggs, eggs, eggs” to crowd sizes, “lefty lunatics” to the “rigged” 2020 election.
The speech to mark the first 100 days of Trump’s second term mirrored many of those days that came before – and maybe confirms what we’ll see in the coming days, weeks, months and years.
As Donald Trump delivers his 100-day celebration speech, demonstrators are outside Macomb Community College protesting his presidency.
One placard simply reads: “I dissent.”
Trump says his policies have “banned all government censorship and restored free speech in America”.
“I ended all the lawless so-called diversity, equity and inclusion and bull**** across the entire federal government and the private sector.”
He also refers to his order recognising two sexes only.
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