[61340] Turmoil in the American economy and developments in Donald Trump's foreign policy

Changes in the US economic leadership and new foreign policy

In the economic arena, the Federal Reserve announced that Jerome Powell will continue to serve as interim chair until the official entry into office of Kevin Warsh, who was selected to lead the financial institution, as reported in Sputnik Türkiye.

Meanwhile, President Donald Trump clarified his position regarding the crisis in Taiwan. According to sources in Son Dakika Haberler Gündem, Trump emphasized that he expects a status quo with China and warned against unilateral actions: "If you continue with the current situation, I don't think China will make trouble. However, we don't want someone to say 'let's be independent because the US supports us'."

In addition, President Trump referred to his relations with Asian powers. According to another report in Sputnik Türkiye, the President noted that Chinese President Xi Jinping expressed a desire to participate in the upcoming G20 summit. It should be noted that Sputnik Türkiye, which serves as a Russian state media outlet, tends to cover the actions of the American administration and geopolitical issues from a critical perspective towards Washington.