23-12-2025

Global Politics and Trade Under Trump Reshape Economy

Date: 23-12-2025
Sources: cnbc.com: 1 | economist.com: 1 | edition.cnn.com: 1 | foxnews.com: 1 | nytimes.com: 2 | scmp.com: 1 | straitstimes.com: 1 | theguardian.com: 1
Image for cluster 3
Image Source:

Source: nytimes.com

Image content: The image depicts former President Donald Trump standing in a lavish room, accompanied by two men in suits behind him. To describe the scene: 1. The main subject is Donald Trump walking through an opulent room. 2. Visible are Donald Trump, two suited men behind him, an easel with a poster of a naval ship labeled "Trump Class USS Defiant", and ornate furnishings. 3. The context suggests a formal event or presentation related to the naval ship. Here is a 2-3 sentence description of the image: Donald Trump, dressed in a suit and red tie, walks through an opulent room with two suited men behind him. An easel displaying a poster of a naval ship, labeled "Trump Class USS Defiant", stands to his left. The room features ornate furnishings and decor.

Summary

The return of Donald Trump to the White House has brought significant changes to global politics and trade, with announcements of new warship constructions, trade wars, and tariffs impacting various industries, while China's military buildup and dominance in lithium-ion batteries pose national security threats to the US.

Key Points

  • Trump announces new 'Trump-class' warships for the US Navy, sparking debate about the Navy's future
  • China's military expansion, including loading 100 ICBMs, raises concerns about regional stability
  • US reliance on China for lithium-ion batteries poses a national security threat
  • Trump's trade war and tariffs have hurt small businesses and consumers in the US
  • Germany's trade deficit with China is expected to reach a record high, potentially triggering a protectionist backlash

Articles in this Cluster

Hanwha Ocean shares jump 10% after Trump says firm to build warships for U.S. Navy

Shares of Hanwha Ocean surged 10% after US President Donald Trump announced that the South Korean firm would help build new frigates for the US Navy at the Hanwha Philly Shipyard in Philadelphia. The shipyard was acquired by Hanwha Ocean in 2024, and the company has pledged to invest $5 billion as part of South Korea's $150 billion shipbuilding pledge. The US Navy announced the FF(X) class of ships, which will complement larger warships and enhance operational flexibility. Trump also announced plans to build two new 'Trump-class' battleships, described as 'the fastest, the biggest, and by far, 100 times more powerful than any battleship ever built.' The announcement is part of a broader US-South Korea trade deal that includes reduced tariffs on South Korean exports and a $350 billion investment pledge from Seoul.
Entities: Hanwha Ocean, Donald Trump, US Navy, Hanwha Philly Shipyard, PhiladelphiaTone: positiveSentiment: positiveIntent: inform

Who was the best CEO of 2025?

The article discusses the challenges faced by CEOs in 2025, including the return of Donald Trump to the White House, trade wars, and the battle for technological supremacy between China and the West. It also touches on the difficulties of turning excitement over artificial intelligence (AI) into profit. The article assesses the performance of CEOs in this turbulent environment and attempts to identify the best CEO of 2025.
Entities: Donald Trump, White House, China, West, Artificial Intelligence (AI)Tone: analyticalSentiment: neutralIntent: inform

Analysis: Trump’s new battleship plan could transform the US Navy – or sink it | CNNClose icon

US President Donald Trump announced a new class of battleships, dubbed 'Trump-class', which could transform the US Navy or potentially sink it due to various obstacles. The proposed battleships would be the largest surface combatants built since World War II, with advanced weaponry and capabilities. However, the Navy's shipbuilding program has faced challenges in recent years, including delays, cost overruns, and workforce shortages. Analysts question whether the US has the necessary shipyard capacity and workforce to build these complex vessels.
Entities: Donald Trump, US Navy, Mar-a-Lago, Navy Secretary John Phelan, USTone: neutralSentiment: negativeIntent: inform

China loads new 100 ICBMs in silo fields near Mongolia border region: report | Fox News

China has loaded over 100 intercontinental ballistic missiles into newly constructed silo fields near its border with Mongolia, according to a draft Pentagon report. The move underscores China's accelerating military buildup and modernization of its nuclear forces. The report concludes that Beijing is unlikely to engage in arms control talks, with China's nuclear warhead stockpile expected to exceed 1,000 by 2030. Analysts warn that China's military expansion poses a significant threat to regional stability, particularly with regards to Taiwan.
Entities: China, Mongolia, United States, People's Liberation Army, PentagonTone: neutralSentiment: negativeIntent: inform

The Pentagon and A.I. Giants Have a Weakness. Both Need China’s Batteries, Badly. - The New York Times

The Pentagon and US tech giants are heavily reliant on China for lithium-ion batteries, crucial for powering data centers and military equipment. China's dominance in the battery supply chain poses a national security threat to the US. The Trump administration is now taking steps to foster a domestic battery industry, including investing in battery companies and restricting battery purchases from China. However, experts say building an industry not dependent on China will be enormously difficult.
Entities: Pentagon, China, US, Artificial Intelligence, Lithium-ion batteriesTone: neutralSentiment: negativeIntent: inform

Trump Announces New ‘Trump Class’ of Warships - The New York Times

President Trump announced the construction of a new 'Trump class' of warships, described as 'battleships,' that would be part of a 'golden fleet' for the U.S. Navy. The new vessels would displace over 35,000 tons, be equipped with hypersonic missiles and nuclear-armed cruise missiles, and have artificial intelligence capabilities. Trump claimed the ships would maintain American military supremacy, revive the shipbuilding industry, and inspire fear in America's enemies. Critics, including retired Rear Admiral Mark Montgomery, argue that the ships are ill-suited to confront China and other maritime adversaries, and that the Navy needs a dispersed fleet of minimally manned or unmanned ships instead. Trump plans to meet with defense contractors to accelerate production schedules and penalize companies that move too slowly.
Entities: Donald Trump, U.S. Navy, China, Mark Montgomery, Foundation for Defense of DemocraciesTone: negativeSentiment: negativeIntent: inform

As Germany’s trade deficit with China nears new high, analysts warn of backlash | South China Morning Post

Germany's trade deficit with China is expected to reach a record high in 2025 due to a decline in German exports to China and an increase in Chinese exports to Germany. Analysts warn that this trend could trigger a protectionist backlash in Berlin. The widening trade gap is attributed to China's localization push and fierce competition in the electric vehicle (EV) market, which has eroded Germany's competitiveness, particularly in the automotive industry. German companies are increasingly localizing production in China, substituting German exports with locally made goods. The trend is unlikely to be reversed in the short term, according to analysts.
Entities: Germany, China, Germany Trade and Invest (GTAI), Holger Goerg, Kiel Institute for the World EconomyTone: neutralSentiment: negativeIntent: inform

The tariffs that stole Christmas: How Trump’s trade war is remaking America’s toy aisles | The Straits Times

The article discusses how Trump's trade war and tariffs imposed on Chinese imports have affected the toy industry in the United States. The tariffs have led to increased costs for small toy retailers, forcing some to close their businesses. The article highlights the story of Jennifer Bergman, owner of West Side Kids, a Manhattan toy store that was forced to shut down due to the tariffs. The tariffs have created a split in the Christmas economy, with big-box retailers like Walmart and Target able to absorb the costs, while small businesses struggle to stay afloat. The article also notes that the tariffs have not achieved their intended goal of protecting American workers and have instead hurt small businesses and consumers.
Entities: Jennifer Bergman, West Side Kids, Manhattan, China, Trump administrationTone: negativeSentiment: negativeIntent: inform

Former BlackRock executive Mark Wiseman named as Canada’s next ambassador to US | Canada | The Guardian

Canadian Prime Minister Mark Carney has announced that Mark Wiseman, a former BlackRock executive, will be the country's next ambassador to the US. Wiseman is set to assume the role on February 15, ahead of crucial US free trade negotiations. The appointment comes at a critical time in relations between the two major trading partners, with the United States-Mexico-Canada trade pact (USMCA) up for review in 2026. Wiseman brings extensive experience and contacts to the role, having managed investment funds for the Canada Pension Plan and Ontario Teachers' Pension Plan, and having served as global head of active equities at BlackRock.
Entities: Mark Wiseman, Canada, US, Mark Carney, BlackRockTone: neutralSentiment: positiveIntent: inform