Trump's USA

American Defense
Trump to Canada: Golden Dome is free if you join the US

Canada will be included in Donald Trump's plans to build a massive air defense, the so-called "Golden Dome", if the country agrees to become the 51st US state.

"It will cost $61 billion if they remain a separate, but unequal, nation, but it will cost ZERO DOLLARS if they become our cherished 51st state," the US president writes on Truth Social and continues:

"They are considering the offer!"

Last week, Trump called the development of air defense "very important to the success and even survival of our country".

The President's Team
Musk's Boot to Trump: Undermining the Work of the Doge

Elon Musk Expresses Disappointment with Donald Trump and the Republicans' New Tax Package, Recently Approved by the House of Representatives.

– I am disappointed to see a budget with huge spending, which in turn increases the deficit. It undermines the work that Doge is doing, he says in an interview with CBS News.

Musk warns that the extensive tax cuts risk worsening the already growing US national debt, which now exceeds 36 trillion dollars.

At the same time, the credit rating agency Moody's has recently lowered the US credit rating by one notch, citing the lack of action against the country's increasing budget deficit.

Analysis: Musk returns to his limping empire

After playing oligarch in Washington for five months, Elon Musk is now returning to his limping business empire, writes Allison Morrow for CNN.

Tesla sales are plummeting, the Cybertruck looks set to be a historic flop, the X needs “major improvements,” according to Musk himself, and yet another Space X launch has failed. Now investors are hoping Musk will deliver on his promise of robot taxis in Austin in the coming weeks, Morrow continues.

“That’s a lot to ask of any CEO, and a mammoth task for someone running several struggling companies at once.”

The third failed Starship launch in a row is making Musk’s plans to put humans on Mars as early as 2028 seem increasingly like science fiction, according to Tom Clarke on Sky News.

Whether it’s electric cars or rockets, Musk has a reputation for overpromising timelines but ultimately delivering groundbreaking technology, Clarke writes, continuing:

“But is this a sign that he’s finally in over his head with Starship?” 

Trump's tariff policy
Analysis: The market has begun to see through Trump

Stock market optimists hope that Trump will soon put an end to the trade war and that the economy will quickly adapt to moderately increased US tariffs. This is written by Dagens Industri's Nils Åkesson in an analysis, noting that market reactions to Trump's actions have gradually become less dramatic.

"This points to expectations that US tariffs will ultimately end up significantly closer to the starting levels than the extreme tariffs."

At the same time, SVT's Alexander Norén believes that there is a pattern in Trump's seemingly erratic strategy. He likens the president to a carpet merchant who starts with an unreasonably high price - only to then back down.

- The market has begun to see through this game, so the reaction to each new tariff shock or pause will no longer be as strong, he says.