"Overcoming the final hurdle", President Donald Trump signed the spending bill, ending the US government's longest shutdown in history.

(Chinhphu.vn) - On the morning of November 13, Vietnam time, or the evening of November 12, local time, the US Congress officially passed a bill to end the longest federal government shutdown in the country's history. After that, US President Donald Trump signed a spending bill, allowing the US government to reopen after the longest shutdown in history, lasting 43 days.

People walk along the National Mall, towards the US Capitol building, more than a month after the US government shutdown in this photo taken on November 2, 2025 - Photo: REUTERS

President Trump signs executive order to reopen the US government

On the morning of November 13, Vietnam time, or the evening of November 12, US time, US President Donald Trump signed a spending bill, allowing the US government to reopen after the longest shutdown in history, lasting 43 days.

Mr Trump signed the bill in the Oval Office, where he blamed Democrats for the shutdown, surrounded by Republican lawmakers and officials. “Today we are sending a clear message that we will never give in,” he said before signing.

Earlier that day, the Republican-controlled House of Representatives passed the budget package with 222 votes in favor and 209 against, thanks to the support of President Donald Trump, despite strong opposition from Democrats. The Senate had previously passed the bill, and the White House said President Trump was expected to sign it into law the same day, officially ending the 43-day partial government shutdown.

The bill would fund the Department of Defense , the Department of Agriculture, the Veterans Affairs and Congress through the fall of next year, while the remaining agencies would be funded through the end of January 2026. About 670,000 furloughed public employees would be brought back to work, and an equal number of furloughed workers, including more than 60,000 air traffic controllers and airport security officers, would be paid in full. The government would also restore jobs to employees laid off during the shutdown, while air travel would gradually return to normal after a nationwide shutdown.

Severe consequences of the US government shutdown

The prolonged shutdown has had a devastating effect. About 670,000 federal workers have been furloughed, along with a similar number of others working without pay – including more than 60,000 air traffic controllers and airport security officers. All will receive back pay when the government reopens.

Unlike in the past, when the damage was usually temporary, the budget disruption lasting more than 40 days (starting on October 1) is having a significant impact. "The current shutdown looks like it will have the largest economic impact of any shutdown on record," said Alec Phillips, senior political economist at Goldman Sachs.

Even if the government reopens, the shutdown is likely to reduce real GDP growth by about 1.15 percentage points in the fourth quarter, according to Goldman Sachs estimates. The Congressional Budget Office (CBO) estimates the shutdown will reduce GDP by 1 to 2 percentage points.

News of a potential end to the government shutdown was well received by financial markets. The Dow Jones Industrial Average rose 0.7% to a record 48,254.82, closing above 48,000 for the first time. The S&P 500 gained 0.1% to 6,850.92, while the Nasdaq Composite fell 0.3% to 23,406.46.

Traders say the reopening of the government will help restore the flow of official economic data and vital services. "The end of the shutdown is positive for financial markets as we will get a clearer picture of economic data in the next week or so," said Kathleen Brooks, head of research at trading group XTB.

In Europe, the Paris market hit a new record high with the CAC 40 index rising 1.0% to 8,241.24 points. Frankfurt also rose sharply with the DAX up 1.2% to 24,381.46 points. London edged up 0.1% with the FTSE 100 at 9,911.42 points.

Among individual stocks, Advanced Micro Devices jumped 9.0% after forecasting compound annual revenue growth above 35% thanks to a wave of investments in artificial intelligence.

However, oil prices fell sharply after the Organization of the Petroleum Exporting Countries (OPEC) forecast a supply surplus in the third quarter. WTI oil fell 4.2% to 58.49 USD/barrel, while Brent oil fell 3.8% to 62.71 USD/barrel./.

Source: https://baochinhphu.vn/chinh-phu-my-sap-mo-cua-ha-vien-my-bo-phieu-tong-thong-donald-trump-lac-quan-ve-ket-qua-10225111306495433.htm