Friday, November 14, 2025

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EXCLUSIVE: Bannon Prison Statement – ‘Biden-Harris Are Illegally Holding Me Past My Release Date.’

WASHINGTON, D.C. – Former Trump White House Chief Advisor Stephen K. Bannon has issued a blistering statement, sent to The National Pulse, explaining how the Biden-Harris regime is holding him illegally, refusing to accept his First Step Act eligibility, and incarcerating him longer than required in order to swing the election.

“Kamala Harris is the ‘Queen of Mass Incarcerations’,” Bannon told The National Pulse, “detested by black and hispanic men who are refusing to turn out and vote for her. She has done nothing to implement President Trump’s heroic First Step Act, in fact welcoming hundreds of thousands of hardened illegal migrant criminals while allowing US citizens eligible for early release to rot in prison. No mass deportations, but continual mass incarcerations.”

On August 29, 2024, Bannon filed a motion to reimpose bail or impose a period of supervised release. The government’s response to Mr. Bannon’s en banc petition has been pending for over 75 days. His lawyers say, “the Court should grant Mr. Bannon’s motion for bail pending completion of Supreme Court review, and order the Bureau of Prisons to release Mr. Bannon immediately.”

Bannon continued: “Harris will lose this election on her inability to get black and hispanic men to vote for her in Philadelphia, Detroit, Milwaukee, Atlanta, Phoenix, and Las Vegas. The four years she did nothing for family reunification of American citizen prisoners while genuflecting to illegal alien criminals is coming back to bite her. Her Indian heritage surely taught her: Karma is a Bitch.”

He concluded: “The Harris Bureau of Prisons is illegally holding me past my legal release date–trying to eliminate one of President Trump’s strongest advocates–these criminals reek of desperation.”

The First Step Act passed in December 2018 aims to reform the federal prison system by reducing sentences for non-violent offenders and focusing on rehabilitation. A key provision allows inmates to earn time credits through participation in educational and vocational programs, potentially leading to early release into pre-release custody, such as halfway houses or home confinement. The law also expands compassionate release for elderly or terminally ill prisoners.

Bannon is expected to be released on October 29th, though qualified for First Step Act early release last month.

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Trump Reverses Biden’s Alaska Drilling Restrictions.

PULSE POINTS

WHAT HAPPENED: The Trump administration finalized a rule revoking Biden-era restrictions on oil and gas drilling in Alaska.

👤WHO WAS INVOLVED: The Department of the Interior (DOI), President Donald J. Trump, and North Slope community leaders in Alaska

📍WHEN & WHERE: Announced on November 13, 2025, impacting the National Petroleum Reserve in Alaska.

💬KEY QUOTE: “By rescinding the 2024 rule, we are following the direction set by President Trump to unlock Alaska’s energy potential, create jobs for North Slope communities and strengthen American energy security.” – Doug Burgum

🎯IMPACT: The move restores energy development opportunities, creates local jobs, and reduces U.S. reliance on foreign energy sources.

IN FULL

The Trump administration announced on Thursday, November 13 that it is moving to rescind a former Biden government rule restricting oil and gas drilling in Alaska. According to the Department of the Interior (DOI), the finalized rule—set to be published in the Federal Register on November 17—will reverse limits on drilling in the National Petroleum Reserve on Alaska’s North Slope.

The National Petroleum Reserve, which spans approximately 23 million acres, has been designated for energy development since 1923. However, Biden-era policies restricted drilling on over 13 million acres of this area, citing perceived environmental concerns.

Conversely, the DOI now aims to restore drilling to enhance U.S. energy security and reduce dependence on foreign sources. This, the department argues, will bring federal energy policy further into alignment with President Donald J. Trump’s Executive Order to expand natural resource development on federal and state lands in Alaska.

“By rescinding the 2024 rule, we are following the direction set by President Trump to unlock Alaska’s energy potential, create jobs for North Slope communities, and strengthen American energy security,” said Secretary of the Interior Doug Burgum. He added that the action promotes responsible development while benefiting both Alaska and the nation.

Local support for the decision came from the Voice of the Arctic Inupiat, a nonprofit representing North Slope communities, which highlighted the benefits of tax revenue for essential services. North Slope Borough Mayor Josiah Patkotak called the move a “meaningful step toward restoring a federal process” that respects local leadership. “Good policy comes from good process, which requires hearing directly from the people who live, work, and hunt here,” Patkotak stated.

Far-left green agenda groups, such as the Natural Resources Defense Council (NRDC), have criticized the rollback. Bobby McEnaney, NRDC director of land conservation, said, “This rollback is nothing more than a giveaway to the oil and gas industry. Weakening protections is reckless, and it threatens to erase the very landscapes Congress sought to safeguard.”

Image by Richard Martin.

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Now the Indiana GOP Is Throwing in the Towel on Redistricting?

PULSE POINTS

WHAT HAPPENED: Indiana’s GOP state senate leader announced the chamber will not reconvene in December to redraw congressional maps, dealing a setback to President Donald J. Trump’s redistricting push.

👤WHO WAS INVOLVED: President Donald Trump, Indiana Senate President Pro Tempore Rodric Bray (R), Vice President J.D. Vance, and Indiana lawmakers.

📍WHEN & WHERE: Announcement made on Friday in Indianapolis, Indiana.

💬KEY QUOTE: “Today, I’m announcing there are not enough votes to move that idea forward, and the Senate will not reconvene in December.” – Rodric Bray

🎯IMPACT: The decision weakens the GOP’s efforts to secure a stronger House majority through redistricting, while Democrats ramp up similar efforts in other states.

IN FULL

Indiana state Republican lawmakers announced Friday that the state Senate will no longer convene in December to redraw congressional maps, delivering a significant blow to President Donald J. Trump‘s push for mid-decade redistricting to preserve his Republican House of Representatives majority. State Senate President Pro Tempore Rodric Bray (R) made the decision to forego the December special session after determining the effort lacked the support to be successful after a failed test vote.

“Today, I’m announcing there are not enough votes to move that idea forward, and the Senate will not reconvene in December,” Bray said in a statement. The decision comes despite efforts by Vice President J.D. Vance, who visited Indiana multiple times to lobby lawmakers, and President Trump, who had hosted Bray and other state leaders in the Oval Office to discuss the matter in August.

The announcement has drawn sharp criticism from Trump’s allies. Alex Bruesewitz, a supporter of the America First leader, took to X (formerly Twitter) to call out Bray and other Republicans, saying, “Our party can no longer afford to harbor these gutless, self-serving traitors who stab us in the back while accomplishing absolutely nothing.” Meanwhile, Governor Mike Braun (R-IN) urged the Senate to “do the right thing and show up to vote for fair maps.”

Democrats, on the other hand, celebrated the decision. Representative Andre Carson (D-IN), whose seat was likely to be redrawn, praised the move, stating, “Prayer, people, and partnerships power change. Hoosiers do things differently. We’re about collaboration, not division.” Carson commended Bray and other lawmakers for sticking to “Hoosier values.”

The setback in Indiana is part of a broader struggle for Republican-led redistricting efforts, which have also stalled in Kansas, Nebraska, and New Hampshire. Meanwhile, Democrats are advancing their own redistricting plans in states like California and Virginia, which could potentially result in the gain of several seats.

Image by Ted Eytan.

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NY Gov. Hochul Considers MASSIVE Corporate Tax Hike to Fund Mamdani’s Socialist Policies.

PULSE POINTS

WHAT HAPPENED: Governor Kathy Hochul (D-NY) is considering a massive tax increase on New York corporations in order to pay for the far-left socialist agenda of New York City’s mayor-elect Zohran Mamdani (D).

👤WHO WAS INVOLVED: Gov Kathy Hochul, New York City Mayor-elect Zohran Mamdani, President Donald J. Trump, and New York corporations and taxpayers.

📍WHEN & WHERE: November 14, 2025, in New York.

🎯IMPACT: New York has already seen significant cuts in federal funding and is projected to face an over $4 billion budget deficit in the coming fiscal year, complicating matters for both Hochul and Mamdani.

IN FULL

Governor Kathy Hochul (D-NY) is considering a massive tax increase on New York corporations in order to pay for the far-left socialist agenda of New York City’s mayor-elect, Zohran Mamdani (D). Following Mamdani’s victory in the city’s mayoral race, Hochul pledged not to raise taxes on the state’s high earners but is now considering a hike in the state corporate income tax instead.

Notably, the corporate tax increase under consideration would primarily serve as a means to alleviate a more than $4 billion budget deficit New York state is estimated to face in the coming fiscal year. However, Hochul’s administration believes the hike could also be used as a pay-for to cover some of Mamdani’s radical policy ideas, which have included city-owned grocery stores, a rent freeze, expansion of housing, free city buses, free childcare, and other far-left proposals.

While Hochul’s budget director has insisted that tax increases are “the last thing on my mind” and contends the state is in a “good spot financially,” the rumblings coming from Albany suggest New York’s top Democrat leader may be reversing course in light of Mamdani’s meteoric rise within the party.

The precarious fiscal situation forecasted for the state, though, could prove too much for Mamdani’s agenda. Already, New York state has seen federal cuts enacted by the Trump administration as the White House seeks to slash government waste and fraudulent spending. In early October, the Trump administration cut $18 billion in federal infrastructure funding to New York City over concerns it would be subjected to unconstitutional DEI constraints by city officials.

President Donald J. Trump previously threatened to cut federal funding to New York City if Mamdani were elected, citing his far-left policies. However, following Mamdani’s victory, Trump remarked that he would speak with the incoming mayor and “will help him a little bit, maybe.”

Hochul will likely face a strong challenge from Congresswoman Elise Stefanik (R-NY) in 2026, with polling currently showing the two neck and neck. Mamdani’s term begins on January 1.

Image by Marc A. Hermann / MTA.

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Trump Directs Bondi, FBI to Probe Epstein’s Connections with Clinton, Financial Institutions.

PULSE POINTS

WHAT HAPPENED: President Donald J. Trump announced plans to investigate deceased pedophile Jeffrey Epstein’s links to prominent Democrats, including former President Bill Clinton, and major banks.

👤WHO WAS INVOLVED: Donald Trump, Jeffrey Epstein, Bill Clinton, JPMorgan Chase, Larry Summers, Reid Hoffman, and Attorney General Pam Bondi.

📍WHEN & WHERE: This week, following the release of over 20,000 pages of documents related to Epstein’s estate.

💬KEY QUOTE: “Epstein was a Democrat, and he is the [Democrats’] problem, not the [Republicans’] problem!” – Donald Trump

🎯IMPACT: The investigation could shed light on Epstein’s connections to powerful figures and institutions, sparking renewed scrutiny.

IN FULL

President Donald J. Trump has indicated he will soon direct Attorney General Pam Bondi and the Federal Bureau of Investigation (FBI) to open probes into deceased pedophile Jeffrey Epstein‘s ties to Democratic Party figures, including former President Bill Clinton, as well as major financial institutions. In a post on Truth Social, Trump suggested that much of the recent focus on Epstein by Democrat lawmakers on Capitol Hill is part of an effort to obfuscate their party’s own ties to the convicted sexual predator.

“Now that the Democrats are using the Epstein Hoax, involving Democrats, not Republicans, to try and deflect from their disastrous SHUTDOWN, and all of their other failures, I will be asking A.G. Pam Bondi, and the Department of Justice, together with our great patriots at the FBI, to investigate Jeffrey Epstein’s involvement and relationship with Bill Clinton, Larry Summers, Reid Hoffman, J.P. Morgan, Chase, and many other people and institutions, to determine what was going on with them, and him,” Trump wrote.

He added, “This is another Russia, Russia, Russia Scam, with all arrows pointing to the Democrats. Records show that these men, and many others, spent large portions of their life with Epstein, and on his ‘Island.’ Stay tuned!!!”

In another post, Trump emphasized, “Epstein was a Democrat, and he is the [Democrats’] problem, not the [Republicans’] problem!”

The renewed interest in Epstein’s connections follows the release of over 20,000 pages of documents from his estate this week by Congressional Democrats. Clinton has denied any knowledge of Epstein’s crimes. Meanwhile, a spokesman for JPMorgan Chase stated that the firm regrets “any association” with Epstein and emphasized that the company “did not help him commit his heinous acts.”

Notably, Trump’s announcement comes ahead of a House of Representatives vote next week on whether the DOJ should release all its files related to Epstein’s investigation. Representative Adelita Grijalva’s (D-AZ) recent swearing-in provided the 218th signature needed to trigger the vote.

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Kassam Issues Urgent War Room Warning for Trump Team.

PULSE POINTS

WHAT HAPPENED: Raheem Kassam, Editor-in-Chief of The National Pulse, issued a stark warning about the current state of the populist-nationalist movement and its leadership on Stephen K. Bannon’s WarRoom show.

👤WHO WAS INVOLVED: Raheem Kassam and Stephen K. Bannon.

📍WHEN & WHERE: November 14, 2025, during a WarRoom broadcast.

💬KEY QUOTE: “As goes America next year, as goes the MAGA movement, as goes the Republican party’s successes or failures in the midterms, so goes Europe.” – Raheem Kassam

🎯IMPACT: The movement’s direction and leadership could negatively influence the upcoming U.S. midterm elections, with a knock-on impact on populist movements worldwide.

IN FULL

Raheem Kassam, Editor-in-Chief of The National Pulse, expressed serious concerns about the current state of the populist-nationalist movement and its leadership to former White House Chief Strategist Stephen K. Bannon on the WarRoom show on Friday, particularly in relation to the upcoming U.S. midterm elections. “That leadership is coming from a corporate class that have managed to capture so much of what I call MAGA Inc.,” Kassam warned.

“They sell out the people who started this movement… They have almost taken over the whole thing, and it is upon us to grasp it back, to wrestle it back; otherwise, we’re going to get killed next year,” he emphasized.

Kassam noted that the populist-nationalist movement, which began over a decade ago, was built on understanding and addressing the struggles of regular people. “[W]e went around to the little town halls and the little seaside towns all across the United Kingdom and we looked at what people were going through… people whose families and whose grandparents and great-grandparents and great-great-grandparents and whose entire family lineages have been sacrificed day upon day, whether it’s in the mines, whether it’s in the wars… that have created the world that we live in today and that we take for granted every day,” he said of the movement’s beginnings a decade ago.

“And what happened was we saw that they had been shunned, disparaged, spat upon by an establishment who said, ‘Yeah, thanks. We’ll take it from here. You know, thanks for all the hard work of your bloodline, but we’ll take it from here… We don’t need you,” Kassam explained.

The National Pulse chief stated that a similar process is now unfolding in America, with establishment figures who are “just in it for the big bucks” attempting to sideline the authentic populist-nationalists who built the movement “from the ground up,” with potentially disastrous consequences.

Kassam emphasized the importance of genuine engagement with the movement’s grassroots base, warning that the movement’s current trajectory could lead to significant setbacks in the upcoming U.S. midterm elections if these issues are not addressed. “The problem with it is that whether it’s the 50-year mortgages or the $2,000 checks or the bank bosses or the big farmer bosses hanging out in the Oval Office, people just don’t feel like we’re walking into next year in a position of strength. And I happen to agree with them,” he said. “We need to smarten up. We need to sharpen up on these things. And that’s where we are now.”

Kassam also discussed the international implications of the MAGA movement’s success or failure, warning, “As goes America next year, as goes the MAGA movement, as goes the Republican party’s successes or failures in the midterms, so goes Europe.”

IN FULL

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Fed Study Contradicts Powell, Trump Critics: Tariffs Proven to Curb Inflation Over 150 Years.

PULSE POINTS

WHAT HAPPENED: A 150-year analysis challenges conventional wisdom on the impact of tariffs, suggesting they lower prices and raise unemployment, contrary to establishment economic models.

👤WHO WAS INVOLVED: Researchers Régis Barnichon and Aayush Singh from the Federal Reserve Bank of San Francisco conducted the study.

📍WHEN & WHERE: The study analyzed data from 1870 to 2020 across the U.S., the U.K., and France, with findings published in November 2025.

💬KEY QUOTE: “We find that a tariff hike raises unemployment and lowers inflation,” the authors stated in their working paper.

🎯IMPACT: The findings challenge establishment economic models and suggest tariffs may work through demand-side mechanisms, reshaping debates on trade policy.

IN FULL

A major study released by researchers at the Federal Reserve Bank of San Francisco confirms what The National Pulse has long reported, i.e., tariffs are not inflationary and more often than not, have deflationary effects that push prices downward. The analysis, which covers 150 years of economic and trade data from the United States, the United Kingdom, and France, has major implications for how the Federal Reserve and economists understand President Donald J. Trump’s tariff policies.

“We find that a tariff hike raises unemployment and lowers inflation,” the authors, Régis Barnichon and Aayush Singh, write in their working paper released this month. “This goes against the predictions of standard models, whereby CPI inflation should go up in response to higher tariffs.”

Importantly, the study’s findings reveal that tariff shocks operate primarily through aggregate demand mechanisms—affecting confidence, investment, and spending patterns—rather than through the simple cost-push mechanism that trade models typically emphasize. This distinction matters enormously, as it means tariffs can be used as a policy tool without triggering the consumer price spirals that economists have incorrectly warned about for generations. The National Pulse has similarly reported that the most infamous trade levies in American history, the Smoot-Hawley Tariff, had deflationary effects that fed into a larger deflationary event caused by the Great Depression.

The paper raises questions about the Federal Reserve’s response to tariffs, with the central bank’s chairman, Jerome Powell, having insisted for months that it would lead to increased inflation. If the main effects are lower inflation and higher unemployment—a key signal of deflationary demand destruction—monetary theory suggests that the Fed should cut interest rates when tariffs are imposed. Instead, the Fed largely held interest rates steady, only moving to slash borrowing costs in September despite President Trump correctly pushing for rate reductions since March.

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Panicking Maduro Likens Potential U.S. Intervention to Afghanistan.

PULSE POINTS

WHAT HAPPENED: The U.S. military has deployed the USS Gerald R. Ford aircraft carrier near Venezuela as part of a counter-drug operation, drawing criticism and warnings from Venezuelan dictator Nicolás Maduro.

👤WHO WAS INVOLVED: Venezuelan dictator Nicolás Maduro, President Donald J. Trump, U.S. Secretary of State Marco Rubio, U.S. Secretary of War Pete Hegseth, and the U.S. military.

📍WHEN & WHERE: The operation, named “Southern Spear,” is currently underway in the Caribbean Sea, with its expansion announced on November 13, 2025.

💬KEY QUOTE: “No more forever wars. No more unjust wars. No more Libya. No more Afghanistan. Long live peace.” – Nicolás Maduro

🎯IMPACT: The deployment has raised regional anxieties and sparked debate over U.S. intentions, with observers suggesting it signals a push for regime change in Venezuela rather than countering narcotics traffickers.

IN FULL

Venezuela’s dictator Nicolás Maduro is urging the United States to avoid what he described as an “Afghanistan-style forever war” following the deployment of the USS Gerald R. Ford aircraft carrier—the largest warship ever built—to the region. Maduro, who has faced widespread accusations of election fraud, made his remarks during a pro-government rally in Caracas on Thursday.

“No more forever wars. No more unjust wars. No more Libya. No more Afghanistan. Long live peace,” Maduro said.

While the U.S. military has now conducted 20 lethal strikes against cartel drug boats, many originating from Venezuela, in the Caribbean and Pacific Ocean since September, the waters near Venezuela have also seen a significant buildup of U.S. Navy and Air Force assets. Currently, it is estimated that around 24 percent of the U.S. Navy is present in the Caribbean, marking an unprecedented deployment not seen in decades.

Secretary of War Pete Hegseth has announced that the military build-up is an expansion of “Operation Southern Spear,” the Navy’s counter-drug trafficking mission aimed at destroying the presence of narco-terrorists in the waters around Central and South America. U.S. Secretary of State Marco Rubio stated that the mission is focused on dismantling “organized criminal narcoterrorists.”

The arrival of the Ford within Southern Command’s area of operation (SOUTHCOM AOR) marks a significant escalation in the region. The carrier, equipped with thousands of sailors and dozens of warplanes, is part of a broader deployment involving an estimated 12,000 personnel.

While the Trump administration has consistently characterized the buildup as part of an effort to end drug trafficking in the Western Hemisphere, some observers believe the deployment may have other motivations. Elizabeth Dickinson, a senior analyst at the International Crisis Group, argued that an aircraft carrier is not a practical tool for combating the drug trade. “It’s clearly a message much more geared toward pressuring Caracas,” she said.

Colombia’s Marxist leader Gustavo Petro has suspended his country’s intelligence sharing with the United States over the drug boat strikes. Additionally, Petro has entered into a war of words with President Trump, accusing him of being a “barbarian.” The Colombian president has gone so far as to publicly threaten that “getting rid of” Trump may be necessary.

Image via Wikimedia Commons.

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The U.S.-Swiss Tariff Agreement: Here’s What You Need to Know.

PULSE POINTS

WHAT HAPPENED: The United States and Switzerland reached a trade agreement reducing tariffs on Swiss goods from 39 percent to 15 percent as part of a new trade pact.

👤WHO WAS INVOLVED: President Donald J. Trump, U.S. Trade Representative Jamieson Greer, Swiss government officials, and Swiss business leaders.

📍WHEN & WHERE: The agreement was finalized after recent bilateral talks in Washington and meetings at the White House earlier this month.

💬KEY QUOTE: “They’re going to send a lot of manufacturing here to the United States—pharmaceuticals, gold smelting, railway equipment.” – Jamieson Greer

🎯IMPACT: Swiss companies plan to invest $200 billion in the U.S. by 2028, while the deal also opens up new markets for U.S. agricultural and industrial products.

IN FULL

President Donald J. Trump agreed to cut U.S. tariffs on Switzerland from 39 percent—the highest outside those he has imposed on Brazil and China—to 15 percent as part of a new trade deal with the notoriously neutral European country. According to the Swiss government, the United States entered into a “non-binding memorandum of understanding” following successful bilateral talks in Washington, D.C.

The trade agreement was confirmed by United States Trade Representative Jamieson Greer on Friday. He stated that the U.S. and Switzerland have “essentially reached a deal.” Under its terms, the U.S. government will reduce tariffs on Switzerland and Liechtenstein—a European microstate that often negotiates alongside its larger neighbor—to 15 percent. Notably, this brings the tariff rate on Swiss goods into alignment with the rate on the European Union (EU), which Switzerland is not a member of.

For their part of the agreement, Switzerland has agreed to reduce a number of its tariffs on American goods. U.S. industries seeing relief include fishing and agriculture. The Swiss government says it will also grant certain U.S. exports duty-free status. This includes thousands of tons of U.S. beef and poultry.

“They’re going to send a lot of manufacturing here to the United States—pharmaceuticals, gold smelting, railway equipment,” Greer said regarding the deal. Several Swiss companies, such as Rolex, have pledged sizable direct investments in the American economy.

Image by Hp.Baumeler.

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Trump Secures Historic Trade Agreements with Western Hemisphere Allies.

PULSE POINTS

WHAT HAPPENED: President Donald J. Trump announced new trade deals with El Salvador, Argentina, Ecuador, and Guatemala to enhance market access and strengthen supply chains.

👤WHO WAS INVOLVED: President Donald J. Trump, the governments of El Salvador, Argentina, Ecuador, and Guatemala, and U.S. exporters and manufacturers.

📍WHEN & WHERE: Announced late Thursday, November 13, 2025, in Washington, D.C.; agreements to be finalized in upcoming weeks.

🎯IMPACT: The agreements will expand U.S. exports, strengthen bilateral trade partnerships, and create opportunities for American workers and producers.

IN FULL

Late Thursday, President Donald J. Trump announced three critical trade agreements with key western allies, El Salvador, Argentina, Ecuador, and Guatemala. The Trump White House contends these trade deals will provide greater market access and streamline trade with some of America’s key strategic partners in the Western Hemisphere.

According to the agreements, the four Central and South American nations will reduce non-tariff barriers, increasing market opportunities for U.S. exporters. The Trump administration notes that El Salvador—for instance—has agreed to  accept U.S. motor vehicle safety standards and Food and Drug Administration (FDA) certificates for medical devices, while Argentina will improve market access for American goods such as medicines and machinery. Guatemala will facilitate digital trade and protect labor rights, and Ecuador will reduce tariffs on agricultural products and adopt stronger environmental protections.

These measures are designed to support U.S. farmers, ranchers, small businesses, and manufacturers while protecting national security and strengthening supply chains. Separately, the U.S. secured rare earth mineral agreements with Argentina after providing the nation with a fiscal aid package designed to stabilize its currency.

In the coming weeks, the United States and the partner nations will finalize the agreements for signature. These deals will also include provisions for Most Favored Nation tariff treatment on certain goods and the removal of reciprocal tariffs on textiles and apparel under existing trade agreements with El Salvador and Guatemala.

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Zucker-Linked $658 Million Telegraph Purchase Deal Falls Through.

PULSE POINTS

WHAT HAPPENED: RedBird Capital has withdrawn its £500 million (~$658 million) bid for the Telegraph Media Group, ending a two-year takeover process.

👤WHO WAS INVOLVED: RedBird Capital Partners, IMI, Telegraph Media Group, and its employees, including editor Chris Evans and CEO Anna Jones.

📍WHEN & WHERE: The announcement was made this week, following a process that began in 2021 in the United Kingdom.

💬KEY QUOTE: “The Telegraph deserves owners who care about journalism and who will invest.” – Chris Evans

🎯IMPACT: The future ownership of the Telegraph Media Group remains uncertain, with efforts now shifting to find a new buyer.

IN FULL

RedBird Capital Partners has withdrawn its £500 million (~$658 million) bid to acquire Britain’s Telegraph Media Group, ending a takeover saga that has lasted more than two years. A spokesman for RedBird said, “We remain fully confident that the Telegraph and its world-class team have a bright future ahead of them and will work hard to secure a solution which is in the best interests of employees and readers.”

The decision follows internal resistance from senior staff as well as scrutiny triggered by the bid’s structure. Chris Evans, editor of The Telegraph newspaper, acknowledged the widespread concerns across the newsroom, saying, “It’s no secret that all senior editors and many writers had concerns about the bid. On the other hand, it’s also obvious that this process has gone on far, far too long. The Telegraph deserves owners who care about journalism and who will invest.”

Telegraph Media Group CEO Anna Jones thanked employees for enduring the prolonged period of uncertainty, saying, “I will now work with the board of independent directors on next steps and what this means for the future ownership of the business. This process has been challenging and unpredictable but your hard work and continued patience is a credit to you all.”

RedBird’s withdrawal marks the second failed attempt to bring the Telegraph under the influence of its partnership, led by former CNN president Jeff Zucker and Abu Dhabi–backed International Media Investments (IMI). Zucker was previously linked to attempts to take over both the Telegraph and The Spectator in 2023, raising questions about foreign influence over British media. Those plans stalled after the British government introduced legislation preventing foreign governments from owning British newspapers. Zucker’s involvement again drew scrutiny in 2024 and 2025, with critics pointing to IMI’s close ties to the United Arab Emirates (UAE). Zucker insisted he would resign if any interference occurred.

The collapse of the latest deal leaves The Telegraph back on the market as its board searches for a buyer who can satisfy political, regulatory, and editorial expectations at a time when the broader British media industry faces an escalating crisis of confidence. The BBC, for instance, is confronting significant turmoil over a purposely falsified speech by President Donald J. Trump on January 6, 2021, to make it appear he had incited violence. The fallout triggered the resignation of senior BBC executives, including Director-General Tim Davie, and has intensified public scrutiny of journalistic standards across major British outlets.

Image by Robert Scoble.

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