President Donald Trump delivered a rare prime-time address from the White House, highlighting what he described as major achievements in 2025 and outlining priorities for the remainder of his term. The roughly 20-minute speech focused largely on the economy, immigration, and national strength.

Economy and inflation

Trump said his administration has made progress in easing inflation and lowering prices, pointing to declines in certain food and energy costs. Official data show inflation has slowed from earlier peaks but remains around 3%, above the Federal Reserve’s 2% target. The president said he believes the US is positioned for a strong economic expansion in the coming years.

Tariffs and growth strategy

The president again defended his use of tariffs, arguing they are encouraging companies to invest and manufacture in the US. He said the policy is strengthening domestic industry and contributing to job creation, a central pillar of his economic agenda.

Federal Reserve leadership

Trump said he will soon nominate a new Federal Reserve chair, stating he wants someone who supports significantly lower interest rates. He has repeatedly argued that lower rates would further support growth and investment.

Military payments

Trump announced $1,776 one-time payments for eligible active-duty service members and certain reservists before Christmas, referring to them as “warrior dividends.” The White House said about 1.45 million personnel will qualify, with total payments estimated at $2.6 billion.

Health care and drug prices

Addressing rising health care costs, Trump said funding currently used for insurance subsidies should benefit individuals directly. While he did not present a detailed replacement for existing programs, he highlighted plans for TrumpRx, a platform aimed at selling some prescription drugs directly to consumers.

Immigration and border security

The president said illegal border crossings have fallen sharply and described border enforcement as one of his administration’s major accomplishments. Immigration remained a central theme of the speech, framed around public safety, jobs, and government spending.

Foreign policy focus

Trump devoted limited time to foreign policy and did not directly address the recent escalation in tensions with Venezuela, despite heightened attention in Washington over sanctions and energy security. He briefly reiterated broader claims of restored US strength and stability abroad.

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Overall message: The address reinforced Trump’s core themes of economic nationalism, border enforcement, military support, and growth-focused policy, presenting an optimistic outlook while signalling that key decisions on monetary policy leadership and domestic priorities are still ahead.

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