Eric Trump Hints At Possible White House Run After Father's Term US News Today News18
US President Donald Trump's son, Eric Trump, has hinted that he or another Trump family member could seek the presidency once his father's second term ends. In a recent interview with the Financial Times, the 41-year-old Trump Organization executive said a political path would be 'an easy one' for him, though he remains undecided about entering public life.'The real question is: 'Do you want to drag other members of your family into it? Would I want my kids to live the same experience over the last decade that I've lived? Eric said, citing the toll of nearly a decade of public scrutiny and legal battles.advertisement'If the answer was yes, I think I could do it. And I think other members of our family could do it too.'STORIES YOU MAY LIKEWife kills husband with lover's help over illicit affair in KarnatakaAnti-Ageing Pills Under Lens in Shefali Jariwala's Cardiac ArrestShefali Jariwala's last X post was for her dost and ex-boyfriend Sidharth ShuklaUnlike his siblings, Donald Jr and Ivanka Trump, both of whom have taken on prominent political roles. Eric has largely stayed behind the scenes, focusing on the Trump family's business empire. Yet, his recent comments suggest that he has been quietly observing the political landscape and weighing the future.Eric also voiced frustration with the current political class, claiming he could 'do the job very effectively,' and expressed disdain for many elected officials.However, he remains cautious about the personal cost: 'Do you want to subject the people you love to the brutality of this system?'With rising Republican figures like Vice President JD Vance and Secretary of State Marco Rubio gaining momentum, speculation continues about what a post-Trump GOP might look like.advertisementWhen asked if 2024 would be the final election with Trump on the ballot, Eric simply replied: 'Time will tell. But there's more people than just me.'Addressing allegations that the Trump family enriched itself through politics, Eric pushed back, claiming the presidency came at a high cost. 'If there's one family that hasn't profited off politics, it's the Trump family,' he said, arguing the opportunity costs and legal expenses have been 'astronomical.' He estimated the family has spent nearly USD 500 million defending itself against various investigations.Despite this, Donald Trump's wealth has surged, at least on paper. His stake in Trump Media & Technology Group is reportedly worth about USD 2 billion, and he earned USD 630 million last year from ventures including crypto, real estate branding, and merchandise.Eric Trump values the Trump Organization between USD 8 billion and USD 12 billion, but says the price of political life goes beyond business: 'The toll it's taken on our family has been immense.'While Eric stopped short of announcing any political ambitions, his remarks reignited speculation that the Trump dynasty is far from finished with American politics. Whether it's him, Donald Jr, Ivanka, or someone else, the family remains a powerful force in the GOP, and the next chapter may just be beginning. News18 Mobile App - https://onelink.to/desc-youtube
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
24 minutes ago
- Business Standard
China shows tech resilience against Trump's export curbs over Rare earths
As Donald Trump brandishes US export controls on technology as a bargaining chip to wrest supplies of rare earth magnets from Beijing, China is showcasing what it can do without the most advanced American semiconductors. On a government-organized trip this month to Jiangsu and Zhejiang, two of China's richest provinces that spawned AI darling DeepSeek, authorities lined up a host of executives from technology companies to meet with journalists from Bloomberg News and other media outlets. The message was ultimately one of defiance: China's technology sector still aims at world dominance despite US curbs. Take Magiclab Robotics Technology Co., a firm in the eastern city of Suzhou founded barely more than a year ago. Its president, Wu Changzheng, said it had independently developed more than 90 per cent of the parts it uses to make humanoid robots. The rest consists of semiconductors and micro-controller units procured domestically and overseas, he said, adding that they don't use US chips. 'China doesn't have many weak links in this industry,' Wu said, as he demonstrated a human-sized robot destined for factory floors. He brushed off Trump's recent ban on US firms exporting semiconductor design software to China, saying his robots only require 'standard chips.' Other entrepreneurs emphasized self-reliance over the five-day trip with companies spanning bio-pharmaceuticals, humanoid robotics, AI and autos — all sectors pivotal to President Xi Jinping's manufacturing ambitions. Many in China's business sector have rallied around Xi's government in the face of Trump's tariffs and expanding US export curbs. Access to so many executives at once is typically difficult for foreign journalists in a country where media access is tightly regulated and company officials can be reluctant to speak freely for fear of reprisal. The trip exemplifies Beijing's desire to boost global investor confidence in its $19 trillion economy, which has been plagued by a property crash, deflation and now the US's highest tariffs in a century. Although DeepSeek's surprise AI breakthrough earlier this year proved China can innovate with a limited supply of chips, Beijing still faces difficulty catching the US while being denied access to Nvidia Corp.'s most advanced semiconductors. On the press tour, the Chinese government mostly presented firms that don't require top-tier chips such as AISpeech Co, which makes in-car AI-powered audio and video tools. For companies pioneering autonomous driving models or artificial general intelligence — systems that possess human-level cognitive abilities — accessing the latest chips is likely to be far more important. Tiptoeing around sensitive topics like state subsidies, eight tech executives who addressed reporters throughout the trip downplayed the impact of a yearslong US campaign to curtail China's technological ascent, emphasizing the country's increased self-reliance as government officials listened attentively on the sidelines. The executives spoke about how they are instead leveraging local advantages they consider disruption-proof, from a vast talent pool to supply chains walled off from the outside world. Yu Kai, AISpeech's co-founder and chief scientific officer, said the company has hired more than 700 people in research centers in Beijing and Suzhou, after starting off with fewer than 10 people developing an algorithm in Cambridge. It has set up a subsidiary in Shenzhen for its proximity to smart equipment manufacturing and also runs a unit in southern China to produce software for cars built by a local auto-making partner. Illustrating the deep concern in Beijing on US tech controls, Xi has restricted China's rare earth magnets in recent months in a bid to unwind some of Trump's recent export curbs. US Commerce Secretary Howard Lutnick said last week that the US and China signed a document to codify trade terms reached last month in Geneva, including a commitment from Beijing to deliver rare earths used in everything from wind turbines to jet planes. China's economic stamina was a common theme of the trip that began in Nanjing, a city in Jiangsu where researchers publish three times more scientific papers than those in New York. Ferried by two buses, dozens of journalists went to Suzhou and neighboring Zhejiang province by high-speed train, as the focus of discussions shifted more to the development of green technologies. There's debate in China over how it matters to access state-of-the-art chipmaking machines, and Nvidia's most-advanced AI accelerators. Ren Zhengfei, the founder of Huawei Technologies Co., recently said Chinese firms can adopt means such as chip stacking to get results similar to the most cutting-edge semiconductors. Beijing also blocks most AI services from US rivals, meaning domestic players don't have to compete against American leaders. China has to put on a display of 'confidence and window dressing' after years of tech curbs, according to Julian Mueller-Kaler, director of the Strategic Foresight Hub at the Stimson Center in Washington. High-end chips for AI data centers, for example, can be replaced with less capable models, at the expense of more energy usage, he said. 'The reason the Chinese didn't really retaliate that much after the chips restrictions a few years ago is Beijing actually likes them, to a certain degree,' he said. 'It forces Chinese companies to develop their own capabilities and reduce the reliance on American tech — a political goal Chinese decision-makers had for a long time but was hindered by economic realities.' Still, for all the savvy on display, few companies will emerge unscathed from deteriorating ties with the US. Some executives on the trip mentioned they were feeling the pain as Trump's America First policy seeks to limit US investment in China's high tech sectors. 'The impact on financing is significant,' said Zhang Jinhua, chairwoman of IASO Biotechnology Co., which makes a life-saving cancer treatment. 'I tell my team to stop asking when this winter ends. We must treat winter as the four seasons and adapt to prolonged uncertainty.'
&w=3840&q=100)
Business Standard
25 minutes ago
- Business Standard
Iran can again restart enriching uranium in 'months', says IAEA chief
International Atomic Energy Agency (IAEA) Director General Rafael Grossi has stated that recent US airstrikes on Iran failed to deliver lasting damage to the country's nuclear infrastructure. The head of the United Nations' nuclear watchdog stated that Iran could resume uranium enrichment 'in a matter of months", a view that contradicts US President Donald Trump's assertion that the strikes set Tehran's nuclear ambitions back by "decades". Iran capable of restarting nuclear activities In an interview with CBS' Margaret Brennan, Grossi said that Iran possessed the necessary industrial and technological capacities and that if the country chose to do so, it would be able to resume its nuclear activities. He added that while the damage to Iran's nuclear facilities was significant, it was not complete. Israel-Iran conflict The 12-day conflict between Israel and Iran was triggered earlier this month by an unprecedented Israeli strike aimed, according to Israeli officials, at preventing Iran from acquiring nuclear weapons. Iran has maintained that its nuclear activities are solely for "peaceful purposes". Following Israel's action, the US launched strikes on three major Iranian nuclear sites before a ceasefire took effect. The scale and success of the damage inflicted have since been subject to intense scrutiny. Pentagon assessment echoed by IAEA Grossi's remarks appear to align with an initial evaluation from the US Defense Intelligence Agency, which indicated that the American attacks on key Iranian nuclear facilities last week did not eliminate the essential elements of Iran's nuclear programme. Instead, they likely caused only a short-term setback of several months. Despite the lack of definitive military and intelligence conclusions, Trump has continued to claim the strikes 'completely and totally obliterated' Iran 's nuclear capabilities. In recent days, US military sources have shared details regarding the strategic planning of the strikes, though they have not presented new evidence confirming their effectiveness. Meanwhile, The Washington Post reported on Sunday that intercepted communications among senior Iranian officials revealed internal discussions suggesting the damage from the strikes was less severe than anticipated.
The Hindu
28 minutes ago
- The Hindu
Japan auto trade ‘unfair', could buy more U.S. oil, Trump tells Fox News
Japan engages in "unfair" automobile trade with the United States and should increase its imports of U.S. energy resources and other goods to help reduce the U.S. trade deficit, President Donald Trump said in an interview broadcast on Sunday (June 29, 2025). Tokyo is scrambling to find ways to get Washington to exempt Japan's automakers from 25% automobile industry-specific tariffs, which are hurting the country's manufacturing sector. Japan also faces a 24% so-called reciprocal tariff rate starting on July 9 unless it can negotiate a deal. Also Read | Threatened by President Donald Trump's tariffs, Japan walks delicate tightrope between U.S. and China "They won't take our cars, and yet we take millions and millions of their cars into the United States. It's not fair, and I explained that to Japan, and they understand it," Mr. Trump said in an interview on Fox News' "Sunday Morning Futures with Maria Bartiromo". "And we have a big deficit with Japan, and they understand that too. Now we have oil. They could take a lot of oil, they could take a lot of other things." The automobile sector accounted for about 28% of the total 21 trillion yen ($145 billion) worth of goods Japan exported to the U.S. last year.
