🧒 Early Life and Education

Donald John Trump was born on June 14, 1946, in Queens, New York City, to Fred Trump, a successful real estate developer, and Mary Anne MacLeod Trump, a Scottish immigrant. He was the fourth of five children. At age 13, Trump enrolled in the New York Military Academy, where he completed his high school education. He began his college studies at Fordham University but transferred to the Wharton School of Finance and Commerce at the University of Pennsylvania, graduating in 1968 with a bachelor’s degree in economics.

🏢 Business Career

After college, Trump joined his father’s real estate business, Elizabeth Trump & Son, focusing on middle-class rental housing in New York City’s boroughs. In 1971, he took control of the company, renaming it The Trump Organization. Trump shifted the company’s focus to Manhattan, undertaking ambitious projects like the Grand Hyatt Hotel and Trump Tower. He expanded his business empire to include casinos, golf courses, and various other ventures. Despite facing several financial challenges, including multiple business bankruptcies in the 1990s and 2000s, Trump maintained a prominent presence in the real estate industry.

📺 Media Presence

Trump gained national fame through his role as the host of the reality TV show The Apprentice, which aired from 2004 to 2015. The show’s success bolstered his public image as a savvy businessman.

🇺🇸 Political Career

2016 Presidential Campaign and First Term

In June 2015, Trump announced his candidacy for President of the United States as a Republican. He won the Republican nomination and defeated Democratic nominee Hillary Clinton in the 2016 election, becoming the 45th president. His presidency was marked by significant policy changes, including tax reforms, deregulation efforts, and a focus on immigration control. He also appointed three justices to the U.S. Supreme Court, shifting its ideological balance.

2020 Election and Subsequent Events

Trump ran for re-election in 2020 but was defeated by Democratic nominee Joe Biden. Following the election, Trump and his supporters made unfounded claims of widespread voter fraud. These claims culminated in the January 6, 2021, Capitol riot, leading to his second impeachment by the House of Representatives. He was acquitted by the Senate in both impeachment trials.

2024 Election and Second Term

Despite facing numerous legal challenges, including convictions related to falsifying business records, Trump ran for president again in 2024. He won the election, defeating Democratic nominee Kamala Harris, and was inaugurated as the 47th president on January 20, 2025. His second term has been marked by efforts to reverse many of his predecessor’s policies and a continued focus on his core political agenda.

👨‍👩‍👧‍👦 Personal Life

Trump has been married three times and has five children: Donald Jr., Ivanka, Eric, Tiffany, and Barron. His eldest three children have been actively involved in his business and political endeavors. Trump’s family has played a significant role in shaping his public image and supporting his ventures.

📚 Publications

Trump has authored several books, with The Art of the Deal (1987) being his most famous, offering insights into his business philosophy. Other notable works include Surviving at the Top and The Art of the Comeback.

📈 Overview of Trump’s Tariff Measures

• Universal Tariffs: A 10% baseline tariff on most imports, with higher rates on specific countries.
• China: Tariffs on Chinese goods increased to 145%, citing trade imbalances and national security concerns.
• Canada and Mexico: Initially imposed 25% tariffs, later exempting goods compliant with the USMCA.
• Venezuela: Executive Order 14245 imposes a 25% tariff on goods from countries importing Venezuelan oil.

These actions aim to protect American industries and address national security threats.

⚖️ Legal Challenges and Court Rulings

• On May 28, 2025, the Court of International Trade ruled that the “Liberation Day” tariffs exceeded presidential authority under the International Emergency Economic Powers Act (IEEPA).
• The Appeals Court temporarily reinstated the tariffs, allowing them to remain in effect during further legal proceedings.

These developments highlight ongoing debates over executive power and trade policy.

🌐 Global Reactions and Trade Relations

• China accused the U.S. of violating a trade truce by imposing new restrictions, including AI chip export controls and revoking student visas.
• Canada and Mexico were initially affected but later exempted goods complying with the USMCA.
• The European Union expressed concerns over the legality of the tariffs and potential retaliatory actions.

These responses underscore the complex nature of global trade dynamics and the far-reaching implications of U.S. tariff policies.

📊 Economic Impact and Projections

• Projected potential long-term GDP reduction of about 6% and a 5% decrease in wages.
• Tariffs expected to increase consumer prices, particularly impacting lower and middle-income households.

These economic forecasts raise questions about the broader implications of protectionist trade policies.

🔮 Future Outlook

As of June 2025, the legal status of Trump’s tariffs remains uncertain, with ongoing court proceedings and international negotiations. The outcome will likely shape the future of U.S. trade policy and global economic relations.