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President Trump's mindless tariffs will cause economic havoc — But the rest of the world can limit the damage — If you failed to spot America being “looted, pillaged, raped and plundered by nations near and far” or it being cruelly denied a “turn to prosper”, then congratulations …
Discussion:
Politico, The Independent, Plain Dealer, GZERO, Reuters, Semafor, Baltimore Sun, Bloomberg, 19FortyFive, Washington Examiner, Mediaite, USA Today, New York Times, Wausau and The Atlantic
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Trump Jets Off to Watch Golf as U.S. Economy Goes Up in Flames — TRUMPENOMICS — The stock market is in free fall, but the president is headed to Florida. — President Donald Trump's response to a tanking U.S. stock market—brought on by his sweeping tariff announcement Wednesday—is to fly to Florida.


Will Malignant Stupidity Kill the World Economy? — A quick thank you to my readers. When I struck out on my own, I wasn't sure if anyone would follow. But I just passed 300K subscribers. I'll try to be worthy of your support. — America created the modern world trading system.


They're Not Tariffs, They're Sanctions — Stop trying to place coherence on a policy that's really just a mob boss breaking legs and asking for protection money. — President Donald Trump departs after signing an executive order on tariffs in the Rose Garden at the White House, April 2, 2025, in Washington.
Discussion:
Fox News, Axios and New York Post


Just five months ago, on October 19, 2024, The Economist ran a special report on America's economy. That economy was, the magazine said, “the envy of the world.” Today, stock market futures plummeted after President Donald J. Trump announced that he will impose a 10% tariff on all imports …
Discussion:
New York Times, Reuters, Associated Press, The Guardian, New York Post, CleanTechnica, The Hill, Deadline, Fox News and The Atlantic


Trump's New Protectionist Age — Blowing up the world trading system has consequences that the President isn't advertising. — President Trump unveiled his new “liberation day” tariffs on Wednesday, and they are another large step toward a new old era of trade protectionism.
Discussion:
NBC News, New York Times, Washington Examiner, The Hill, Bloomberg, Rolling Stone, European Commission, Washington Post, Tangle, Fox News, Fox Business, EE Times, Raw Story, USA Today, Reason, New York Post, Al Jazeera, Metro.co.uk, Wausau, Atlantic Council, DCReport.org, Cafe Hayek, IJR, The White House, Blaze Media, Business Insider, CBS News, Forbes and Daily Caller News Foundation

Trump's ‘Reciprocal’ Tariff Formula Is All About Trade Deficits … President Donald Trump's administration calculated its raft of new tariffs primarily based on existing trade balances — a departure from pledges to match the tariff rates and other trade barriers from other countries.
Discussion:
The Guardian, Financial Times, The White House, Breitbart, Fortune, Daily Caller News Foundation, Forbes, CNN, El País, Issues & Insights and LewRockwell, more at Techmeme »

Trump Calls It Liberation. It's Destruction.
Discussion:
Bloomberg, The Atlantic, New York Times, Fox News, The Economist and Fortune

Donald Trump baffles economists with tariff formula
Discussion:
Washington Post, Axios, Bloomberg, The Status Kuo, Politico, Wausau, Eschaton and Washington Examiner


EU ‘prepared’ to retaliate against Trump's 20 percent tariffs
Discussion:
Associated Press, BBC, Washington Post, Politico, New York Times, CNN, The Hill, The Local Europe, Quartz, The Guardian, Fox News, Wausau, Townhall, NPR, ING Think, Fortune, The Daily Signal, Hong Kong Free Press HKFP, USA Today, Reuters, UPI, Bloomberg, CBS News and GZERO


Trump's Tariffs Give Him a New Way to Dole Out Reward and Punishment
Discussion:
Talking Points Memo, Breitbart and NewsNation

Where We Stand: The Fiscal, Economic, and Distributional Effects of All U.S. Tariffs Enacted in 2025 Through April 2
Discussion:
New York Times, New York Post, USA Today and Marketplace

Trump's tariff formula confounds the world, punishes the poor
Discussion:
USA Today, Wired, New Republic, New Jersey Online, Wausau, masslive.com, Raw Story, Bloomberg and The Independent


White House fires three NSC staffers after president meets with far-right activist Laura Loomer — The White House has fired at least three National Security Council staffers, three sources familiar with the move told CNN. — The firings came after Laura Loomer, the far-right activist …
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In Oval Office Meeting, Far-Right Activist Pushes Trump to Fire National Security Staff — During the 30-minute meeting, Laura Loomer excoriated National Security Council officials in front of the president and Michael Waltz, the national security adviser. — Laura Loomer, the far-right activist …


Scoop: Multiple firings on Trump's National Security Council after Loomer visit — Several members of President Trump's embattled National Security Council have been fired, a U.S. official and a second source familiar told Axios on Thursday. — Why it matters: The firings come …


Trump Fires NatSec Officials After Meeting With Far-Right Conspiracy Theorist — Laura Loomer is “not even on staff and calling more shots than some actual officials,” one Trump official told Rolling Stone — President Trump has fired six National Security Council staffers …

Trump Administration Live Updates: Security Officials Said to Be Fired at Conspiracy Theorist's Urging
Discussion:
WPR


Top Republican leads bill to reassert Congress' tariff power amid Trump trade war — Sen. Chuck Grassley, a senior Republican lawmaker from the farm-heavy state of Iowa, is spearheading new legislation that would reassert Congress' authority over tariffs amid President Donald Trump's trade war escalation.
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Senate approves resolution against Trump's Canada tariffs hours after ‘Liberation Day’ event
Discussion:
The Hill, American Greatness, Newsmax, The National Pulse, New York Times, Associated Press, Townhall, IJR, The Independent, Politico, Washington Times, New York Post, Fox Business, UPI, Reason, NPR, Business Insider, Plain Dealer, The Gateway Pundit, CBS News, Twin Cities and New York Daily News

'I hope he's right': Markets tumble on tariffs — but Trump isn't flinching
Discussion:
Reuters, Rolling Stone, The Hill, El País, 19FortyFive, Daily Mail and The Independent

Emboldened Democrats plot ways to hammer Trump on tariffs
Discussion:
NBC News, PoliticusUSA, Fox News, USA Today, Blue Virginia, The Daily Wire, Axios, CNN, The Hill, The Guardian, Political Wire, One America News Network, Raw Story, KTVZ-TV and Washington Examiner

Republicans Plan to Skirt Senate Rules to Push Through More Tax Cuts
Discussion:
Talking Points Memo, HuffPost, New York Post, NBC News and The Hill


Trump Administration Threatens to Withhold Funds From Public Schools — State education officials will be required to verify that they have eliminated all programs that promote diversity, equity and inclusion that the administration deems unlawful, according to a new memo.
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ED Requires K-12 School Districts to Certify Compliance with Title VI and Students v. Harvard as a Condition of Receiving Federal Financial Assistance
Discussion:
Bloomberg, The Hill, The Guardian and The Daily Wire


K-12 schools must sign certification against DEI to receive federal money, administration says

Trump threatens funding cuts for public schools over DEI policies
Discussion:
USA Today


Stellantis idles plants in Mexico and Canada due to tariffs … DETROIT — Stellantis is pausing production at two assembly plants in Canada and Mexico as the company attempts to navigate President Donald Trump's new round of 25% automotive tariffs that took effect Thursday.
Discussion:
WDIV-TV, The Detroit News, The Hill, Fox Business, New Republic, Reuters, UPI, KTVZ-TV, Washington Examiner, Electrek, Fortune, WISH-TV, Raw Story, Portal and Saywhat Politics
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Adams to skip New York City's Democratic primary, run for reelection on nonpartisan line — The mayor has been at odds with his party and wants time to recover from now-dismissed federal charges. — NEW YORK — Mayor Eric Adams is opting out of New York City's Democratic primary and running …
Discussion:
New York Post, New York Times, Associated Press, The Washington Free Beacon, City Journal, Baltimore Sun, Fox News, RedState, New York Magazine, Townhall, KTVZ-TV, Bloomberg, City & State New York, The Daily Caller, The Hill, The National Pulse, New York Daily News, CBS News, The Post Millennial, Wausau, The Guardian, Washington Post, Washington Examiner, Hollywood Life, USA Today, Daily Kos and GZERO
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‘Beware a dollar confidence crisis’ — DB — Taking another look at the puzzling greenback puke — There's a lot going on at the moment, but the most interesting might be how the dollar has been absolutely tanked by yesterday's tariff news. — The DXY dollar index has plunged 1.7 per cent today …
Discussion:
Reuters, Semafor, Wausau and Tax Foundation


Dow drops 1,400 as US stocks lead worldwide sell-off after Trump's tariffs ignite a COVID-like shock — Financial markets around the world are reeling Thursday following President Donald Trump's latest and most severe set of tariffs, and the U.S. stock market is taking the worst of it so far.
Discussion:
Yahoo Finance, NPR, al.com, Associated Press, The Post Millennial, Washington Times, Mercury News, UPI, Raw Story, The Independent, Al Jazeera, Fortune, Quartz, CBS News, Mock Paper Scissors and The Wrap


Pentagon's watchdog to review Hegseth's use of Signal app to convey plans for Houthi strike — The Pentagon's acting inspector general announced Thursday that he would review Defense Secretary Pete Hegseth's use of the Signal messaging app to convey plans for a military strike against Houthi militants in Yemen.
Discussion:
Washington Post, The Guardian, Bloomberg, Fox News, ABC News and New York Post


RFK Jr. cuts CDC labs investigating outbreaks of STDs and hepatitis — Health and Human Services Secretary Robert F. Kennedy Jr. has eliminated the Centers for Disease Control and Prevention's laboratories for sexually transmitted diseases and hepatitis, multiple officials tell CBS News, disrupting ongoing work to respond to outbreaks.


Liberation Day: How Trump's Tariff Strategy Will Reset the Global Order (Sources) — German police get deep into a murder investigation before the case takes a twist not even Sherlock Holmes could see coming. A stabbing death in Frisco goes largely uncovered by the mainstream media, and we think you know the reason.


A trans girl was banned from her track team. Now she's competing with the boys. — After President Donald Trump banned transgender girls from competing in girls' sports, a Virginia high-schooler joined the boys' team. — Eliza Munshi kneeled on her bedroom floor curling her lashes.
Discussion:
The Daily Caller and Associated Press


Newsmax Shares Plunge 80 Percent After Briefly Being Valued Higher Than Fox — MEME STOCK — The MAGA cable channel Newsmax was briefly worth $30 billion this week before its share prices tumbled by 80 percent three days after its market debut. The company briefly had a market cap of $30 billion …
Discussion:
The Independent, more at Mediagazer »


ADL's Greenblatt calling out ‘disturbing pattern’ in Trump's deportation campaign — In an interview with JI, the Anti-Defamation League CEO says the protection of Jewish students 'shouldn't require us to shred the norms that we use to protect other people'


Booker's message was powerful and simple. Just do something. Now it's your turn — The question has hung for months over America like the dreary grey haze from the latest climate-induced wildfire: What on earth is wrong with the Democratic Party? There's no simple bumper-sticker response …


What to know about Saturday's nationwide “Hands Off!” anti-Trump protests — A nationwide anti-President Trump movement on Saturday, “Hands Off!,” is expected to be the largest single-day protest since he entered office. — Why it matters: The Trump administration's wide-reaching …
Discussion:
TCPalm.com, Washington Examiner, Plain Dealer, masslive.com and The Big Bend Sentinel