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Trump's Trade War Escalates as China Retaliates With 34% Tariffs — The Chinese government said it would match President Trump's tariff, and also barred a group of American companies from doing business in China. — China has struck back at President Trump on Friday.
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Breaking | China hits back at US with 34% tariff on American imports in retaliation for Trump's duties — The tariff comes into effect on April 10 and is part of a raft of measures that includes more rare earths controls — China will impose a 34 per cent tariff on imported American goods …
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Bloomberg, The Hill, CNBC, Scripps News, Variety, Daily Mail, CBS News, Raw Story, EE Times, Focus Taiwan and Semafor


“Horrifying”: Trump's Weird, Confused Rant to Media as Markets Tanked — After President Trump imposed sweeping tariffs on imports from all over the globe, prompting the markets to implode, he took a question about it on Thursday. He ranted and rambled delusionally about how everything is just great.
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CBC News, MeidasTouch News, Reuters, Associated Press, CBS News, Washington Post, New York Post, HuffPost, ABC News, Plain Dealer, The Hill and NewsNation


America's astonishing act of self-harm — Trump's tariffs will upend the global economic order and tarnish US prosperity — If it endures, Donald Trump's decision on April 2 2025 to enact sweeping “reciprocal” tariffs on US trade partners will go down as one of the greatest acts of self-harm in American economic history.
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Fox News, Vox, To the Contrary, Los Angeles Times, New Republic, Raw Story and MeidasTouch News


Transcript: Trump's Tariff Madness Can Be Stopped. Here's How. — The following is a lightly edited transcript of the April 4 episode of the Daily Blast podcast. Listen to it here. — Greg Sargent: This is The Daily Blast from The New Republic, produced and presented by the DSR network.


‘Oligarchy’: Trump exempts big oil donors from tariffs package — Trump's new 10% universal tariffs will not apply to many fossil fuel products in sign of his fealty, advocates say — Democracy and justice is supported by — The sweeping package of tariffs unveiled by Donald Trump …
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Politico, Barron's Online, Canary Media and Ace of Spades HQ


Stock markets plunge as China announces retaliatory 34% tariffs on US goods - business live
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CNN, Washington Post, Associated Press, Washington Examiner, Washington Times, NPR, The Japan Times, USA Today and Wausau, more at Techmeme »

China to impose 34% retaliatory tariff on all goods imported from the U.S.
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Axios, The Hill, CBS News, Reuters, MeidasTouch News, Al Jazeera, Daily Caller News Foundation, New York Post, Daily Mail and Wausau

Lawsuit Challenges Trump's Legal Rationale for Tariffs on China
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The Guardian, NBC News, Wausau and Fox Business

Republicans play powerless as Trump tariff fears sweep across the globe
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NOTUS, HuffPost, The Dispatch, Axios, RedState, Daily Mail, New Republic, Washington Examiner, Business Insider, The Guardian, American Greatness and NBC News

Dow Futures Slide and Bonds Rally After China Retaliates to Trump Tariffs
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CNBC, Axios, al.com, Deadline, Mock Paper Scissors, Associated Press, KTVZ-TV, Magnolia Tribune and Fox Business

Dow drops 1,400 points, Nasdaq set to close in bear market as Trump tariff sell-off worsens: Live updates
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Politico, The Hill, Washington Examiner, Barron's Online, Quartz, Fortune, Forbes, Associated Press, UPI, Yahoo Finance, NPR, The Independent and CBS News

Trump's Next Tariffs Target Could Be Foreign-Made Medicines
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Forbes

NCLA Sues to Stop Trump Admin. from Imposing Emergency Tariffs That Congress Never Authorized
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The Hill, Daily Caller News Foundation, New Republic, UPI, Bloomberg, Fox Business, Raw Story and Washington Examiner

Japan stocks extend declines as Trump tariffs roil markets, Nikkei falls over 3%

Trump's announcement last night that he was placing high tariffs on countries around the world came …
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Bloomberg, Washington Post, The Japan Times, New York Times, HuffPost and New York Post

Trump just imposed the largest tax hike since 1942 without congressional approval
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Kotaku, San Diego Union-Tribune, Reuters, CNN, Reason, Wausau, Bloomberg, Raw Story, Business Insider, Yahoo Finance, CNBC, Wall Street Journal, HuffPost, Daily Kos and The Daily Wire


National Security Agency and Cyber Command chief Gen. Timothy Haugh ousted — The director of the NSA, the powerful wiretapping and cyber espionage service, was fired and reassigned Thursday, according to U.S. officials. — just now — The director of the powerful wiretapping …
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Head of National Security Agency and Cyber Command Is Ousted — No reason was given for the removal of Gen. Timothy D. Haugh, but the far-right activist Laura Loomer had called for his ouster in a meeting with President Trump, an official said. — The head of the National Security Agency …
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Trump administration fires director of National Security Agency
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NPR, DefenseScoop, The Guardian and KTVZ-TV

Trump fires head of National Security Agency and Cyber Command
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CBS News, Defense One, UPI and Reuters


Fed's Powell steady on rates, warns on inflation as Trump demands cut — Federal Reserve chair Jerome Powell said Friday that bigger-than-expected tariffs will translate into higher inflation and slower economic growth — and that the higher inflation could be persistent, not temporary.
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Bloomberg, The Hill, Washington Examiner, Associated Press, Wausau, Politico, NewsNation and Quartz
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Powell sees tariffs raising inflation and says Fed will wait before further rate moves
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al.com, Wausau and NewsNation



South Korean court removes president from office, says he violated duties — The Constitutional Court upheld the impeachment of President Yoon Suk Yeol over his attempt to impose martial law, a decision expected to exacerbate political divisions. — Just now
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Poll: AOC leads Schumer in head-to-head New York primary matchup by double digits — The liberal group Data For Progress conducted the survey of likely Democratic voters. — Alexandria Ocasio-Cortez is leading Chuck Schumer by double digits in a new head-to-head poll of the 2028 New York primary.
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Data For Progress, New York Magazine, Daily Caller News Foundation, Saywhat Politics, 19FortyFive and Townhall


Social Security faces thousands more job cuts even with service in tailspin — The agency has already seen 7,000 job losses from dramatic cost-cutting efforts by Trump and Musk — even as they promise no benefit reductions. — Just now — The Social Security Administration …
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Army Planners Are Weighing Force Reductions of Up to 90,000 Active-Duty Soldiers
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RedState


The American Age Is Over — 1. Canada — Fittingly, it was the Canadian prime minister, Mark Carney, who declared the official time of death. … And just like that, the age of American empire, the great Pax Americana, ended. — Share — We cannot overstate what has just happened.
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Lawyers, Guns & Money and Reuters
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Trump's VA is ending a rescue program that's saved 17,000 military veterans' homes — The U.S. Department of Veterans Affairs said Thursday that it will end a mortgage-rescue program designed to help veterans who have fallen behind on their mortgages keep their homes.


Russell Brand charged with rape and sexual assault — Actor and comedian charged with rape, indecent assault, oral rape and two counts of sexual assault, say police — The comedian and actor Russell Brand has been charged with one count each of rape, indecent assault and oral rape as well as two counts of sexual assault.
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Global brokerages raise recession odds; J.P.Morgan sees 60% chance — J.P.Morgan ratcheted up its odds for a U.S. and global recession to 60%, as brokerages scrambled to revise their forecast models with tariff distress threatening to sap business confidence and slow down global growth.
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CNBC, NPR, Wall Street Journal, The Wrap, New Republic, Business Insider, Bloomberg, Quartz, Fortune, New Jersey Online and Raw Story


Nintendo Halts Switch 2 Pre-Orders Over Trump's Tariffs — New tariffs threaten massive price hikes on gaming hardware and other consumer goods — Switch 2 pre-orders were supposed to begin on April 9. No longer. In an unprecedented move, Nintendo announced on Friday that it's halting pre-orders …
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The Verge, Bloomberg, Business Insider, Daily Mail, Gizmodo, TechCrunch, Engadget, Windows Central, Forbes, Ars Technica and BGR, more at Techmeme »


The job market remains incredibly healthy — but the tariff storm could upend things — The American labor market just provided a bit of reassuring economic news at the end of a rocky week. — U.S. employers added 228,000 jobs in March. That's about twice the number added the previous month …
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Trump's Jewish Cover Story … The Trump administration wants you to know that it's just looking out for Jews. In recent weeks, the White House has cited anti-Semitism as the motivation for many of its controversial moves, whether deporting foreign students who allegedly engaged …
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MPR News, The Bulwark and New York Times
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Obama rips into law firms and universities bowing to Trump threats at Hamilton College
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Fox News, The Hill and Talking Points Memo


Republicans want to move on tax cuts. The world keeps intervening. — If you talk to Speaker Mike Johnson or Senate Majority Leader John Thune, one thing becomes immediately evident: they wish they could devote all of their time and energy to passing President Donald Trump's tax-and-spending-cut agenda.
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Slate, Washington Times and New York Magazine
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