Daily Trump Report: April 29, 2025

Trump Celebrates 100 Days, Modifies Auto Import Tariffs, and Proclaims Cape Henry Anniversary

The best way to stay fully informed is to become a paid subscriber to The Daily Trump Report. Free readers get essential briefings — like White House statements and Trump’s Truth Social posts — but paid subscribers unlock the full experience: extended agency coverage, daily market analysis powered by AI and NLP, and our exclusive Policy Impact Heatmap. You’ll also get full archive access and the ability to join the conversation. It’s $5 a month. For less than the cost of staying uninformed, you get ahead of the story — every day. Start with a 7-day free trial — and unlock 1 free month with just 3 referrals through our Rewards and Progress program. Seems like a good deal.

Policy Overview

The White House celebrated President Trump's first 100 days in office with multiple publications highlighting achievements and touting positive feedback from Republican leaders. A recurring theme was the comparison to the prior administration, with Speaker Johnson asserting that Trump achieved more for Americans in 100 days than the Biden Administration did in four years, stating, "AMERICA IS BACK – and we’re just getting started.” President Trump also issued an executive order to prevent the cumulative effect of overlapping tariffs on certain imported articles, aiming to adjust duty rates to avoid exceeding intended policy goals. In addition, President Trump proclaimed April 29, 2025, as the 418th anniversary of the "First Landing" at Cape Henry, Virginia, celebrating the settlers' dedication to God and the birth of the "greatest Republic in the history of the world."

President Trump’s Truth Social feed amplified praise for his administration’s first 100 days, sharing links to articles and statements from various Republican figures. Secretary of Defense Hegseth stated that Trump is a "Commander" who has his back. Other posts shared articles highlighting claims that Trump is fulfilling the greatest visions for the country by inspiring spiritual revival, and has delivered because the American people had enough of the previous administration’s failures. Posts also promoted success in immigration policy, claiming the border has been shut down and trade deals are revamping the economy, and highlighting the Department of Education’s goal to return education to states by empowering parents.

Government departments took to Twitter to promote the administration's priorities. VP Vance announced a sit-down interview with ABC. The State Dept touted its accomplishments in the first 100 days. The DOD highlighted Trump's deployment of the U.S. military. HHS described the administration's reforms. The Treasury Dept shared information on its reforms. The Commerce Dept announced Secretary Lutnick's visit to a TSMC semiconductor plant. DOGE tweeted about its work to root out waste and inefficiency.

White House News

ICYMI: Celebrating President Trump’s Incredible First 100 Days

The White House article celebrates President Trump's initial 100 days, highlighting accomplishments and positive feedback from Republican leaders. Speaker Mike Johnson stated that Trump has achieved more for Americans in 100 days than the Biden Administration did in four years, asserting, "AMERICA IS BACK – and we’re just getting started.”

Numerous senators and representatives echoed similar sentiments, emphasizing border security improvements, economic revitalization, energy independence, and a return to "America First" policies. Many cited statistics such as decreased illegal border crossings and increased job creation, with several using the phrase "Promises made, promises kept." Secretary of Homeland Security Kristi Noem stated, "Under the leadership of President Donald J. Trump, we have the most secure border in American history."

Reference: https://www.whitehouse.gov/articles/2025/04/icymi-celebrating-president-trumps-incredible-first-100-days/

Addressing Certain Tariffs on Imported Articles

President Trump issued an executive order on April 29, 2025, to prevent the cumulative effect of overlapping tariffs on certain articles. The order addresses tariffs imposed under various authorities to protect national security and address threats to the U.S. economy. Trump stated that "to the extent these tariffs apply to the same article, these tariffs should not all have a cumulative effect... because the rate of duty resulting from such stacking exceeds what is necessary to achieve the intended policy goals."

The order outlines a procedure for determining which tariffs apply when an article is subject to multiple tariffs from a list of specific proclamations and executive orders, including those related to automobile imports, illicit drug flows across borders, and steel and aluminum imports. It clarifies that the listed actions remain independently valid but their duty rates should not be cumulative under specified conditions. The Secretary of Homeland Security, in coordination with other agencies, is responsible for implementing the order, with changes to the Harmonized Tariff Schedule of the United States (HTSUS) to be made by May 16, 2025, and applied retroactively to entries made on or after March 4, 2025.

Reference: https://www.whitehouse.gov/presidential-actions/2025/04/addressing-certain-tariffs-on-imported-articles/

100 DAYS OF HOAXES: Cutting Through the Fake News

The White House published an article denouncing what it describes as "hoaxes and lies from Democrats and their allies in the Fake News" during President Trump's second term. These entities are described as "suffering from terminal cases of Trump Derangement Syndrome."

The article asserts that since President Trump took office, there has been a "nonstop deluge" of false information spread by these groups. It does not specify the content of these alleged hoaxes.

Reference: https://www.whitehouse.gov/articles/2025/04/100-days-of-hoaxes-cutting-through-the-fake-news/

418TH ANNIVERSARY OF THE FIRST LANDING AND THE RAISING OF THE CAPE HENRY CROSS

President Trump proclaimed April 29, 2025, as a day celebrating the 418th anniversary of the "First Landing" and the raising of the cross at Cape Henry, Virginia, by Jamestown settlers. The proclamation commemorates the 1607 arrival of English settlers commissioned by King James I, who sought opportunity and to expand the English Crown. The settlers erected a wooden cross at Cape Henry, Virginia, consecrating the New World and dedicating it to God. "The raising of the Cape Henry Cross was a visible symbol of the covenant the settlers made...to obey God, seek His blessing, and place their trust in Him."

The proclamation highlights the hardships faced by the Jamestown settlers, including drought, starvation, and disease. Despite these challenges, their courage, strength, and determination led to the birth of the "greatest Republic in the history of the world." Trump calls to renew the covenant to be one nation under God and seek His blessing and protection. He pledges to forge a future that always celebrates America's history, honors its heritage, and glorifies God Almighty.

Reference: https://www.whitehouse.gov/presidential-actions/2025/04/418th-anniversary-of-the-first-landing-and-the-raising-of-the-cape-henry-cross/

Amendments to Adjusting Imports of Automobiles and Automobile Parts Into the United States

President Trump issued a proclamation on April 29, 2025, modifying the system of monetary fees on imported automobiles and certain automobile parts, building upon Proclamation 10908. He determined that the modified system, which links fees to the use of imported parts in US assembly, "will adjust imports of automobiles and automobile parts and more effectively eliminate such imports’ threat to impair national security." The new system aims to reduce reliance on foreign manufacturing, strengthen domestic vehicle assembly, and increase US automotive research and development.

The proclamation outlines a process where manufacturers can receive an "import adjustment offset amount" applicable to section 232 duties on automobile parts. This offset is based on a percentage of the aggregate MSRP value of automobiles assembled in the US. The Secretary of Commerce is tasked with establishing a process for manufacturers to apply for this offset and will monitor imports, advising the President on further necessary actions.

Reference: https://www.whitehouse.gov/presidential-actions/2025/04/amendments-to-adjusting-imports-of-automobiles-and-automobile-parts-into-the-united-states/

Fact Sheet: President Donald J. Trump Incentivizes Domestic Automobile Production

President Trump signed a proclamation to incentivize domestic automobile production and reduce reliance on foreign imports of automobiles and their parts, citing national security. The goal is to protect national security by ensuring the U.S. can "sustain its domestic industrial base and meet national-security needs."

The action aims to further bolster domestic manufacturing capabilities within the automotive sector.

Reference: https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-incentivizes-domestic-automobile-production/

100 DAYS OF INVESTMENT: $5+ Trillion in New Investment Fuels America’s Future

President Trump's administration claims to have secured over $5 trillion in new U.S.-based investments during his first 100 days, purportedly leading to the creation of over 451,000 jobs. These investments span sectors from "advanced manufacturing to cutting-edge artificial intelligence infrastructure".

The White House asserts these "historic investments," driven by President Trump's dedication to reinvigorating American industry, will solidify the U.S.'s position as a global leader in innovation and economic growth. The announcement included a list of secured investments in President Trump’s second term, as well as U.S. investments pledged by foreign countries.

Reference: https://www.whitehouse.gov/articles/2025/04/100-days-of-investment-5-trillion-in-new-investment-fuels-americas-future/

TRUMP EFFECT: A Running List of New U.S. Investment in President Trump’s Second Term

Since President Trump took office, trillions of dollars have been invested in American industry due to his commitment to revitalizing U.S. manufacturing, production, and innovation. The White House provides a non-comprehensive list of new U.S.-based investments during Trump's second term.

The list also excludes U.S. investments pledged by foreign countries. The document was last updated on April 29, 2025.

Reference: https://www.whitehouse.gov/articles/2025/04/trump-effect-a-running-list-of-new-u-s-investment-in-president-trumps-second-term/

MEMO: First 100 Days Economy

The Council of Economic Advisers (CEA) provided a memo to the White House Communications Staff summarizing the economy's performance during President Trump's first 100 days. The memo likely highlighted key economic indicators and policy initiatives undertaken during that period. It would have offered data points and analysis to support the administration's narrative on economic progress. The document likely aimed to "illustrate the positive changes" occurring under the new administration.

The memo was "to provide factual data" and talking points. It "provided an overview of economic performance in the early months of the administration, and sought to put it in context of the President's policy proposals." It would have offered a framework for communicating the administration's economic message to the public.

Reference: https://www.whitehouse.gov/articles/2025/04/memo-first-100-days-economy/

Truth Social Posts

Secretary of Defense Hegseth's Endorsement: A Commander's Support
Summary: Secretary of Defense Pete Hegseth stated that when he was in combat, he wanted a Commander who had his back, and that Donald J. Trump is that Commander. Hegseth suggests this is contributing to a "record surge in recruiting."

Trump's Second Term Golden Age: Early Successes
Summary: This post links to an article from the Washington Examiner which states that Trump has been fulfilling the greatest visions for the country and inspiring spiritual revival by reminding Americans that their rights come from God.

Senator Britt's Approval: Trump's Kept Promises
Summary: This post includes a link to an article where Senator Katie Britt claims Trump has delivered in his first 100 days of his second term because the American people had enough of the previous administration’s failures.

Congressman Gooden's Assessment: Are Americans Better Off?
Summary: This post contains a link to an article where Congressman Lance Gooden claims that, after 100 days of Trump's second term, the answer is "Yes, we are better off."

Representative Cline's Praise: Immigration Policy Success
Summary: This post shares an article from washingtonreporter.news where Rep. Ben Cline states Trump has "reignited a movement" and has reset the trajectory of the United States. Cline focuses on immigration policy, claiming illegal border crossings have significantly decreased compared to the previous administration.

Representative Barr's Statement: Promises Made, Promises Kept
Summary: This post links to an article where Rep. Andy Barr says Trump had a clear mandate from the American people to restore American greatness, secure our borders, unleash our economy, defend our families, and stand unapologetically for our national values. Barr concludes, "Promises made, promises kept."

Border Shutdown Success: Lowest Illegal Crossings Ever
Summary: This post links to an article from The Washington Times asserting that Trump has shut down the border through "sheer willpower," leading to the lowest levels of illegal crossings ever detected.

Secretary Burgum on Energy: Foundation of All Industries
Summary: This post quotes Secretary Burgum stating that Trump is focused on energy because he understands that it is the foundation of all other industries.

Trade Deals: Revamping the Economy
Summary: This post highlights that Trump is negotiating trade deals to revamp the economy.

Education Priorities: Returning Power to Parents
Summary: This post provides a link to the Department of Education's website, highlighting the Trump-Vance Administration's goal to return education to states by empowering parents to make decisions in their child’s education and removing bureaucratic barriers to educational choice.

Reference: https://truthsocial.com/@realDonaldTrump

Government Accounts + Market Impacts