World Business Report Trump's first 100 days in office
On the programme we are looking at Donald Trump's first 100 days in power, during which he has talked a lot about tariffs, and there have been many changes to trade policies.
Rahul Tandon looks at the key important economic events of the initial 100 days and the way they have upended global trade.
Also, Mark Carney is celebrating his election victory in Canada, although Canadian broadcaster CBC projects his party will fall just short of the 172 parliamentary seats needed for a majority.
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Daily Mail
30 minutes ago
- Daily Mail
Elon Musk makes stunning Epstein U-turn after taking on Trump in war that cost him $27billion
Elon Musk has deleted the extraordinary claim from his X profile that implicated President Donald Trump as being 'in the Epstein files'. As the commander-in-chief and the X boss battled it out in a war of words over social media, Musk said 'it was time to drop a really big bomb'. In doing so he posted: '@RealDonaldTrump is in the Epstein files. That is the real reason they have not been made public,' Musk wrote. 'Have a nice day, DJT!' The post has since disappeared from his X profile and he has appeared to backtrack on some of the remarks he made against Trump earlier this week. On Friday Trump had said he would look into canceling the loans and subsidies, telling reporters: 'I would certainly think about it, but it has to be fair.' He had also told reporters that he wished the South African businessman 'well', to which Musk replied in a post to X saying: 'Likewise'. Musk had also responded to the clip of Trump talking about canceling his grants, saying: 'Fair enough'. Trump had threatened to cut off huge federal loans and subsidies to Musk's companies after they fell out over the 'Big Beautiful Bill'. Elon Musk dramatically charged that President Donald Trump's name appears in the files of known pedophile Jeffrey Epstein The calmed remarks from Musk came after he lost around $27 billion from his net worth when the Tesla stock price tanked on Thursday. Trump didn't directly respond to Musk's Epstein charge, instead posting what amounted to a shrug on Truth Social, while also continuing to back the 'big, beautiful bill.' 'I don't mind Elon turning against me, but he should have done so months ago,' Trump wrote. 'This is one of the Greatest Bills ever presented to Congress.' Following the outbreak of their feud, Trump and his allies have said Musk turned on the bill because it cuts the subsidies. Musk has said he doesn't need them anyway. The fallout between Trump and Musk - who were political allies for a little less than a year - started in recent weeks when the billionaire started resisting Republicans' 'big, beautiful bill,' arguing that the spending wiped out DOGE's cost-cutting efforts. Then, on Thursday, when Trump was supposed to be hosting the new German Chancellor Friedrich Merz in the Oval Office, he was asked about Musk's recent criticism. From there the dam broke. 'Elon and I had a great relationship. I don't know if we will any more, I was surprised,' Trump told reporters. The president suggested that Musk was angry - not over the bill ballooning the deficit - but because the Trump administration has pulled back on electric vehicle mandates, which negatively impacted Tesla, and replaced the Musk-approved nominee to lead NASA, which could hinder SpaceX's government contracts. 'And you know, Elon's upset because we took the EV mandate, which was a lot of money for electric vehicles, and they're having a hard time the electric vehicles and they want us to pay billions of dollars in subsidy,' Trump said. 'I know that disburbed him.' Over the weekend, Trump pulled the nomination of Jared Isaacman to lead NASA. Isaacman had worked alongside Musk at SpaceX. Musk posted to X as Trump's Q&A with reporters was ongoing. 'Whatever,' the billionaire wrote. 'Keep the EV/solar incentive cuts in the bill, even though no oil & gas subsidies are touched (very unfair!!), but ditch the MOUNTAIN of DISGUSTING PORK in the bill,' he advised. 'In the entire history of civilization, there has never been legislation that [is] both big and beautiful. Everyone knows this!' Musk continued. 'Either you get a big and ugly bill or a slim and beautiful bill. Slim and beautiful is the way.' The spat quickly turned personal with Musk then posting that Trump would have lost the 2024 election had it not been for the world's richest man - him. Musk publicly endorsed Trump on the heels of the July 13th assassination attempt in Butler, Pennsylvania and poured around $290 million into the Republican's campaign. The billionaire also joined Trump on the campaign trail when he returned to the site of the Butler shooting in early October, a month before Election Day. After his meeting with Merz, Trump continued to throw punches online. He asserted that he had asked Musk to leave his administration and said he was 'CRAZY!' 'Elon was "wearing thin," I asked him to leave, I took away his EV Mandate that forced everyone to buy Electric Cars that nobody else wanted (that he knew for months I was going to do!), and he just went CRAZY!' Trump wrote. It was after that post that he then threatened to pull SpaceX and Tesla's government contracts. Musk then taunted Trump to act. 'This just gets better and better,' he wrote. 'Go ahead, make my day …' In a follow-up post, Musk said he would 'begin decommissioning its Dragon spacecraft immediately.' Trump continued his 'crazy' remarks on Friday when speaking with CNN Anchor and Chief Political Correspondent Dana Bash. He said: 'I'm not even thinking about Elon. He's got a problem. The poor guy's got a problem.' Their explosive feud comes after a report from the New York Times in which he was accused of using a cocktail of drugs on the campaign trail. The Tesla CEO has previously said he was prescribed ketamine for depression and was taking the drug roughly every two weeks. But insiders allege Musk, 53, was taking the powerful anesthetic, which is known to have hallucinogenic properties, so frequently that it was affecting his bladder, the bombshell report claims. He also took ecstasy, psychedelic mushrooms and travelled with a daily pill box that contained about 20 different drugs, including Adderall, sources allege. Those around him claim that his consumption blurred the lines between medicinal and recreational, with Musk allegedly having taken drugs at private gathering across the US and in at least one foreign country, according to the NYT report which was based on a series of texts the outlet reviewed, as well as interviews with insiders. Musk has claimed in interviews that he only takes 'a small amount' of ketamine and that 'I really don't like doing illegal drugs', but his erratic behaviors, including making an apparent Nazi salute at Trump's election day event, seemingly suggest otherwise.
Metro
an hour ago
- Metro
45 arrested after police pepper spray protesters outside immigration raid
To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Massive immigration raids promised by Donald Trump are underway in major cities across the US – and one in Los Angeles descended into chaos. Raids took place across the City of Angels, but counterprotests led to multiple arrests, allegedly without warrants. Two Home Depot stores, a clothing shop called Ambient Apparel and other locations were raided by ICE agents. The video showed police throwing smoke bombs and one officer tackling a protester. Hundreds gathered as tensions increased. The violent scenes sparked outrage online, and the Coalition of Humane Immigrant Rights said 45 people were arrested without warrants. Executive director Angelica Salas said: 'Our community is under attack and is being terrorised. These are workers, these are fathers, these are mothers, and this has to stop. 'Immigration enforcement that is terrorising our families throughout this country and picking up our people that we love must stop now.' 'I am closely monitoring the Ice raids that are currently happening across Los Angeles, including at a Korean-American-owned store in my district,' Congresswoman Sydney Kamlager-Dove said. 'LA has long been a safe haven for immigrants. Trump claims he's targeting criminals, but he's really just tearing families apart and destabilising entire communities.' Mayor Karen Bass said Los Angeles would 'not stand' for the violent scenes witnessed across the city. Trump began his immigration crackdown shortly after re-entering office. More Trending In January, more than 500 arrests were made in one day before the first flights out of the United States began. The President issued an executive order, posted to the White House website, outlining Trump's plan to prevent undocumented immigrants from 'invading' communities and costing state and local governments. And a policy which previously restricted officers' abilities to arrest undocumented immigrants at 'sensitive' locations, such as schools, churches and hospitals, was rolled back. Get in touch with our news team by emailing us at webnews@ For more stories like this, check our news page. MORE: Inside the immigration raids on UK nail bars, construction sites and restaurants MORE: Why I'm scared by a report about Britain's 'minority white' future MORE: Universal digital 'BritCards' on an app could soon be used to prove who you are
Daily Mail
an hour ago
- Daily Mail
EXCLUSIVE Inside story of Donald Trump and Jeffrey Epstein's friendship after Elon Musk suggested the President appeared in FBI files. So what's the truth about claims of topless girls?
Like two fractious little boys trading playground insults they know are escalating out of control, the pair had been sparring all day – until one of them finally blurted out the slur he knew might end their friendship for ever. 'Time to drop the really big bomb,' wrote Elon Musk on his social media platform X on Thursday afternoon. ' Donald Trump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT!' Musk didn't offer any clarifying evidence but soon added: 'Mark this post for the future. The truth will come out.' The extraordinary implosion of the friendship and alliance between the world's richest man and the world's most powerful man has proved mesmerising. But with this thin-skinned pair of blowhards there was always a sense that their friendship could end in recrimination sooner or later. And any possibility of a truce, Washington and Silicon Valley insiders predicted yesterday, has disappeared after Musk effectively pressed the nuclear button. Although he didn't precisely spell out the accusation, Musk was clearly implying that the US government was concealing the truth about Trump's dealings with the notorious late financier and paedophile. It is no secret that Trump associated with Epstein, even if he has been reluctant to admit it. They moved in the same moneyed social circles in Palm Beach, Florida, from the late 1980s until 2004, when they fell out spectacularly over a property deal. Along with the likes of Prince Andrew and Bill Clinton, Trump is one among many powerful people known to have associated with Epstein and who have been mentioned in court documents related to the financier's decades of sexual abuse. Before he was re-elected President last November, Trump said he would have 'no problem' releasing the so-called Epstein Files, the remaining documents from the major FBI investigation into the multi-millionaire, who died in a New York jail cell in 2019 ahead of his trial on sex-trafficking charges. While critics have challenged Trump's initial insistence that he barely knew Epstein – pointing out that they were most certainly friends (a fact Trump has since acknowledged) – there has been no evidence that the future President was complicit in Epstein's crimes. However, that hasn't prevented Trump's name being mentioned in some of the conspiracy theories swirling for months over why the US government has still not released the files. Predictably, within hours of Musk dropping his 'really big bomb', some of his 220 million followers on X were dutifully stirring the pot by circulating old evidence of the pre-scandal Trump-Epstein friendship. Musk retweeted several examples, adding a raised-eyebrow emoji. They included a 1992 TV news report on a party at Mar-a-Lago, Trump's Palm Beach resort and home, in which Epstein and the future President can be seen talking animatedly with each other as they stand watching a crowd of dancing cheerleaders for the Buffalo Bills and Miami Dolphins, two American football teams. They point to some of the women and Trump, gesturing to one, appears to say: 'Look at her back there, she's hot'. He then whispers in the financier's ear, leading Epstein to double over in laughter. Musk also retweeted a passage from a 2002 magazine article about Epstein in which Trump said: 'I've known Jeff for 15 years. Terrific guy. He's a lot of fun to be with. 'It is even said he likes beautiful women as much as I do, and many of them are on the younger side. No doubt about it – Jeffrey enjoys his social life.' Trump biographer Michael Wolff threw fresh fuel on the fire yesterday, when he claimed to have seen damning evidence from those years – evidence that Trump would never want made public. This supposedly included lewd images of Trump and the sex offender. 'I have seen these pictures. I know that these pictures exist and I can describe them,' Wolff told the Daily Beast. 'There are about a dozen of them. The one I specifically remember is the two of them with topless girls... sitting on Trump's lap. And then Trump standing there with a stain on the front of his pants [trousers] and three or four girls kind of bent over in laughter – they're topless, too – pointing at Trump's pants.' Wolff believes the alleged incriminating photos could have been in Epstein's safe when the FBI raided his New York home after his arrest in 2019. The Trump campaign dismissed Wolff's claims about the photos when he first made them last November just before the presidential election, saying: 'Michael Wolff is a disgraced writer who routinely fabricates lies in order to sell fiction books because he clearly has no morals or ethics.' But according to Wolff, Trump and Epstein 'shared girlfriends, they shared airplanes, they shared business strategy, they shared tax advice… they were inseparable'. The well-connected writer added, the lives of the two men intersected 'in a very meaningful and profound way… these guys kind of made each other'. Trump bought the Mar-a-Lago mansion and estate for a bargain $10 million in 1985 – and then Epstein purchased his own Palm Beach mansion two miles away five years later. Although Epstein never became a member of Mar-a-Lago, which includes a private members' club, he would visit for parties. The two men also dined together at Epstein's Manhattan mansion and travelled together between New York and Palm Beach, the most famous of Florida's billionaires' playgrounds. Trump and Epstein were photographed together repeatedly at Mar-a-Lago during the 1990s and early 2000s – Trump always wearing a tie, Epstein never wearing one. They were pictured with model Ingrid Seynhaeve at a 1997 Victoria's Secret party in New York. And they were photographed partying with Prince Andrew and enjoying a 'double date' at a celebrity tennis tournament with their respective girlfriends, Melania Knauss and Ghislaine Maxwell. In fact, Epstein boasted to friends that he had introduced Melania – now First Lady – to the future president. (Neither of the Trumps has corroborated this). Trump was between marriages at the time and enjoying his image as a playboy billionaire. His parties in New York and Florida were packed with models, cheerleaders and beauty-pageant contestants thanks to his business links. He owned a modelling agency and an American football team, and ran the Miss Universe pageant. The Mar-a-Lago parties, said eye witnesses, were memorable for the fact that women far outnumbered men, often by ten to one. Trump admitted as much in a 2015 interview, saying he'd been single at the time and adding: 'The point was to have fun. It was wild.' In 1992, Trump arranged for a 'calendar girl' competition for VIP guests at Mar-a-Lago. The 28 attractive contestants found they were competing in front of just two men – Trump and Epstein. The organiser of this vulgar contest, George Houraney, told the New York Times in 2019 that he tried unsuccessfully to raise his concerns about Epstein's involvement. 'I said, "Look, Donald, I know Jeff really well, I can't have him going after younger girls",' Houraney recalled. '[Trump] said, "Look I'm putting my name on this. I wouldn't put my name on it and have a scandal."' Mr Houraney claimed he 'pretty much had to ban Jeff from my events', but that Trump didn't seem to care. A former Trump adviser Roger Stone claimed in 2016 that Trump 'turned down many invitations to Epstein's hedonistic private island and his Palm Beach home', but insisted that he did visit the latter at least once and saw a bevy of underage girls there. 'The swimming pool was filled with beautiful young girls,' Trump later told a Mar-a-Lago member, according to Stone. '"How nice," I thought, "he let the neighbourhood kids use his pool".' Epstein would bring Maxwell to Trump events, too. Often referred to as Epstein's 'madam', the former socialite is now behind bars in the US following her 2022 sex-trafficking conviction. Steven Hoffenberg, a former Epstein business partner who was convicted of running a Ponzi scheme, said Trump 'liked' Epstein but he was 'crazy about Maxwell, a very charming lady'. A court filing would later reveal how Epstein's famous little black book of phone numbers contained 14 numbers for Trump, Melania and key Trump insiders. 'They were good friends,' Epstein's brother Mark told the Washington Post of Trump and Epstein in 2019. 'I know [Trump] is trying to distance himself, but they were.' Mark said Trump even used to give Epstein's mother and aunt free perks at one of his casino hotels in Atlantic City, New Jersey. Another insider who knew Trump and Epstein back then told the New York Post: 'They were tight. They were each other's wingmen.' Alan Dershowitz, a US lawyer who represented Epstein, recalled: 'In those days, if you didn't know Trump and you didn't know Epstein, you were a nobody.' Eventually, they fell out in 2004 when they both tried to snap up the same Palm Beach property, a mansion called Maison de l'Amitie (ironically, the House of Friendship) which was being sold cheap in a bankruptcy sale. Both of them attempted to lobby the trustee handling the sale before the auction. 'It was something like, Donald saying, "You don't want to do a deal with him, he doesn't have the money," while Epstein was saying: "Donald is all talk. He doesn't have the money",' recalled the trustee, Joseph Luzinski. The break-up was well-timed for Trump, as just a few months later, Palm Beach police started investigating claims that Epstein was sexually abusing local schoolgirls. In 2008, Epstein served 13 months behind bars in Florida after admitting 'solicitation of a minor for prostitution', so by the time Trump was running for president in 2016, he would have been keen to downplay this connection. In 2016, his lawyer insisted Trump had 'no relationship' with Epstein, adding: 'They were not friends and they did not socialise together.' A day after Epstein was arrested in New York three years later, Trump – by now President – announced that he hadn't spoken to him for 15 years and that: 'I was not a fan of his, that I can tell you.' Trump staff stressed that he had once kicked Epstein out of his Palm Beach golf club. But others countered that, at one time, he most certainly had been a fan. Sam Nunberg, a former Trump campaign aide, claimed his boss 'would hang out with Epstein because he was rich'. He said he warned Trump about his Epstein links before his first White House run against Hillary Clinton. However, the aide alleged, Trump was confident that thanks to a close friend who owned the tabloid National Enquirer and who claimed to have compromising pictures of Bill Clinton on Epstein's Caribbean island, Epstein would cause more problems for the Clintons than he would for him. Trump has insisted he never visited Epstein's so-called 'orgy island' – the alleged location of some of his worst offences – in the US Virgin Islands, saying: 'I was never on Epstein's Plane, or at his 'stupid' island.' However, in February this year, US attorney general, Pam Bondi, released Epstein's flight logs which showed the president's name appearing seven times. The first flight on the financier's private jet was in October 1993 and on at least two journeys, Trump was joined not only by Epstein but by his then-wife Marla Maples, along with their daughter Tiffany and a nanny. Epstein owned several planes and it's possible Trump was specifically denying flying on the one dubbed the 'Lolita Express' for the sordid sex that reportedly occurred on board. When Musk notoriously called a British expat cave diver a 'paedo guy' after they clashed online over the 2018 cave rescue in Thailand, he ended up having to defend himself in a US libel trial (which he eventually won). Time will tell how Trump will take revenge on his former 'First Buddy' and his 'big bomb' claim that the President of the United States of America has something unsettling to hide over Jeffrey Epstein.
