Brown University Cuts Deal With Trump To Restore Half Billion Dollars In Taxpayer Funds

Brown University has reached a deal with the Trump administration to restore hundreds of millions of dollars in taxpayer funding for research.

University President Christina Paxson announced the deal on Wednesday, saying Brown had agreed to pay $50 million over 10 years to workforce development groups. The university will also enact a number of policies to prevent discrimination, as well as make other adjustments at the behest of the Trump administration.

“At its core, the agreement preserves the integrity of Brown’s academic foundation, and it enables us as a community to move forward after a period of considerable uncertainty in a way that ensures Brown will continue to be the Brown that our students, faculty, staff, alumni, parents and friends have known for generations,” said Paxson in an open letter announcing the deal.

Brown University struck an agreement as the Trump administration puts pressure on elite institutions to reform their campus policies. The Trump administration has targeted universities over free speech concerns, antisemitism, the inclusion of males in female sports, and other issues.

In April, the Trump administration froze $510 million in taxpayer funding to Brown University over concerns of rampant antisemitism on its campus. The university had been one of a number of schools rocked by anti-Israel and pro-Hamas protesters. The university had initially chosen to engage with the protesters before rejecting their terms instead of cracking down on violations.

Paxson in her letter said the university underwent significant strains during its struggle with the Trump administration over half a billion dollars in funding. The university took a $300 million loan in April after the funding freeze went into effect, and then in a filing last week, the university revealed it had taken another loan with $500 million.

“[F]or the last few months, many of these aspects of our mission and our community have been under threat,” the university president wrote. “Beyond the financial stresses of terminated and unpaid research grants and contracts, we have observed a growing push for government intrusion into the fundamental academic operations of colleges and universities, and with the stated purpose of compelling a commitment to comply with laws focused on prohibitions against antisemitism and discrimination.”

As part of the agreement, the university has promised to codify definitions for “male” and “female” and develop policies around athletics and housing to align with federal standards. The university will also promise to not perform sex mutilation surgeries.

“The University will not perform gender reassignment surgery or prescribe puberty blockers or hormones to any minor child for the purpose of aligning the child’s appearance with an identity that differs from his or her sex,” the agreement states.

The university has also agreed to revamping commitments to protect Jewish students on campus, as well as end discriminatory policies in its admissions process and elsewhere in the university.

Trump Unveils South Korea Trade Deal, Boasting $350B Investment In U.S.

President Donald Trump announced Wednesday that the United States has struck a trade agreement with South Korea just days ahead of his August 1 deadline.

As part of the deal, South Korea will “give to the United States $350 Billion Dollars for Investments owned and controlled by the United States, and selected by myself, as President,” said Trump in a post on Truth Social.

“Additionally, South Korea will purchase $100 Billion Dollars of LNG, or other Energy products and, further, South Korea has agreed to invest a large sum of money for their Investment purposes,” he added.

Trump said goods from the United States to South Korea would not be subject to tariffs, while South Korean goods sold in the United States would be subject to a 15% tariff.

South Korea will be “completely OPEN TO TRADE” with the United States, Trump declared.

The 15% tariff is a reduction from the 25% tariff the president had placed on goods from South Korea previously, though both are significantly higher than the tariffs on South Korean goods prior to Trump’s negotiations. The United States-Korea Free Trade Agreement ratified in 2011 removed tariffs from 95% of goods over its first five years.

The deal came just hours after the president announced an agreement with Pakistan for a joint United States-Pakistan agreement to develop the latter’s oil resources.

“We have just concluded a Deal with the Country of Pakistan, whereby Pakistan and the United States will work together on developing their massive Oil Reserves,” said Trump in another social media post. “We are in the process of choosing the Oil Company that will lead this Partnership. Who knows, maybe they’ll be selling Oil to India some day!”

Trump, who recently scored breakthroughs in talks with the European Union and Japan, suggested that other deals may come soon as negotiators rush to strike agreements ahead of his August 1 deadline to raise tariffs again. 

“Likewise, other Countries are making offers for a Tariff reduction,” Trump said. “All of this will help reduce our Trade Deficit in a very major way. A full report will be released at the appropriate time. Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN!”

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