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Jessica Gardner

United States correspondent

Jessica Gardner is The Australian Financial Review’s United States correspondent. She was previously deputy editor - news. Connect with Jessica on Twitter. Email Jessica at jgardner@afr.com

Jessica Gardner

Today

President Donald Trump spoke to a crowd of adoring farmers on the White House’s South Lawn on Friday, but didn’t mention rising gasoline or fertiliser prices.

Wall St plunge, bond ‘crisis’ show investors are losing faith in Trump

The president’s sprinkles of compromise are no longer enough to override the realisation that the economic effect of the war – and the fighting – will stick around for a while yet.

Yesterday

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Rinehart cheers young Aussies on MAGA fact-finding mission

Young Australian conservatives backed by entrepreneur Steve Baxter bumped into Australia’s richest person in Texas at a politician action conference.

US President Donald Trump addresses his cabinet meeting at the White House on Thursday, Washington time.

After Trump’s rebuke, Washington insider backs Albanese’s war effort

The US president hit out at Australia’s war effort, as he again extended a deadline for Tehran to open the Strait of Hormuz or face strikes on its power plants.

This Month

US President Donald Trump speaks during a swearing-in ceremony in the Oval Office of the White House.

Trump insists Iran desperate for a deal as crisis deepens

Iran’s foreign minister insisted peace talks with the US were not under way, contradicting the White House as the war’s economic and humanitarian toll mounted.

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Here’s what Trump’s former Iran tsar makes of the current conflict

Brian Hook once managed relations with Iran. The Cerberus vice chairman is now hunting investment opportunities in an “era of great power competition”.

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Donald Trump is always negotiating. “My life is a deal, that’s all I do is deals, my whole life,” he told reporters.

Don’t be fooled, Trump is not done with the war yet

Nervous investors are desperately seeking signs that the US president is headed for an off-ramp, but the latest events are not evidence that a ceasefire is close.

US President Donald Trump speaking to reporters on Monday after his Truth Social post.

Iran targets Israel and Gulf states as Trump looks to calm markets

The US president’s assertion that Iran was keen on a deal – and he was postponing power-plant attacks – was disputed almost immediately by Iran.

President Donald Trump walks to speak with reporters before departing on Marine One from the South Lawn of the White House, Friday, March 20, 2026, in Washington. (AP Photo/Julia Demaree Nikhinson)

Israel launches new wave of attacks on Tehran

The IDF has launched “a wide-scale wave of strikes” on infrastructure targets in the Iranian capital as US command chief warned civilians to “stay inside”.

Amphibious assault ship USS Boxer in San Diego Bay, California, in May 2019.

‘Surprised they said no’: Trump urges Australia to help in Iran

Donald Trump is urging the Albanese government to take a bigger role in the Middle East amid his growing disappointment in allies not stepping up.

President Donald Trump speaks with Japan’s Prime Minister Sanae Takaichi in the Oval Office at the White House.

Trump invokes Pearl Harbour ‘surprise’ after Japanese PM offers help

Japanese PM Sanae Takaichi offered to help Donald Trump broker relations with allies to end the war in Iran, which she warned was a “big hit” on the economy.

President Donald J. Trump attends the dignified transfer of six U.S. servicemembers killed in the Middle East, Wednesday, March 18, 2026, at Dover Air Force Base, Delaware.

With no clear way out, Trump is tipped to escalate in Iran

Facing a MAGA fracture, angry voters and upset allies, the president appears ill-prepared to manage the widening fallout of the war and without a road map out.

Fed boss Jerome Powell.

‘Nobody knows’ the economic hit from Iran, says an uncertain Powell

The US central bank chairman said rising oil prices would push up inflation, but the duration and scope of that upward pressure were unknown.

Can Sydney’s burrito king conquer the $676b US fast food market?

In Australia, Guzman y Gomez is a juggernaut. But cracking Chicago, let alone the rest of the US, is proving a challenge for chief executive Steven Marks.

Incoming Rio Tinto chief executive Simon Trott (left), outgoing CEO Jakob Stausholm, US President Donald Trump, BHP chief executive Mike Henry and Secretary of the Interior Doug Burgum in the Oval Office in August, 2025.

Rio, BHP court win unlocks land for mega US copper mine

Rio Tinto and BHP’s legal win was a milestone in their bid to establish a copper mine in Arizona that has been caught in legal tangles for more than a decade.

The superannuation summit was the second annual trip to the US by major fund executives.

Big super’s Silicon Valley jaunt an AI wake-up call of a lifetime

Ostensibly opening doors for major asset managers, the US summit is also an opportunity to hear what is keeping the world’s largest investors awake at night.

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Former White House press secretary Anthony Scaramucci photographed in Sydney last November.

How Trump’s war ends: Four scenarios for investors from The Mooch

The former White House communications director turned tough critic, Anthony Scaramucci sees four ways the war in Iran could conclude, but all of them end with Trump declaring victory.

President Donald Trump, left, greets Australian Prime Minister Anthony Albanese at the White House, Monday, October 20, 2025, in Washington. (AP Photo/Evan Vucci)

Trump may ask allies for help in Iran. Voters say that’s a good move

A new poll shows nearly half of Americans say that allies who publicly back a military operation, as Australia has, should also send their own troops.

Macquarie sold Aligned’s network of 50 data centres for $US40 billion ($56.2 billion).

The $105m lawsuit trailing Macquarie’s big US data centre deal

Two days before Macquarie sold Aligned’s network of 50 data centres for $56.2 billion, a legal letter was sent that picked a fight with the City of Phoenix mayor.

US Trade Representative Ambassador Jamieson Greer speaks to superannuation executives and investment bankers at the Australian embassy in Washington, DC, on Wednesday.

Don’t mention the tariffs: US trade tsar’s warning to Aussie super funds

United States Trade Representative Jamieson Greer said the US welcomed super’s investment, but didn’t want to hear complaints about Donald Trump’s tariffs.

Energy Minister Chris Bowen during question time on Tuesday.

Panic buying, not supply constraints, causing fuel shortages: Bowen

Minister says fuel security is strong, but instructs his department to issue him with daily updates on reserves, rather than the usual quarterly briefings.