US President Donald Trump, on Tuesday, claimed that his administration is close to an agreement with Harvard University that would see the Ivy League university pay USD 500 million to establish trade schools.

The Trump administration is putting a strain on financing for several US universities due to concerns, including campus diversity, transgender policy, and pro-Palestinian demonstrations against Israel's war in Gaza.

"We're getting so close right now. During a ceremony in the Oval Office, Trump informed reporters that Linda was completing the last details. The US Education Secretary is Linda McMahon.

Additionally, they will be running trade schools and paying roughly USD 500 million. He stated, "They will be teaching people how to develop AI and a lot of other stuff, engines, etc.

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