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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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“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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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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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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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.
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New York Times


Stock markets plunge as China announces retaliatory 34% tariffs on US goods - business live — Beijing has hit back against Donald Trump with new tariffs on US goods — Market slump accelerates as China announces retaliatory tariffs — Marketwatch: JPMorgan now see 60% chance of US recession after tariff hikes
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China to impose 34% retaliatory tariff on all goods imported from the U.S.
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‘Oligarchy’: Trump exempts big oil donors from tariffs package
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Canary Media, Ace of Spades HQ and American Prospect

Dow Futures Slide and Bonds Rally After China Retaliates to Trump Tariffs
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Gavin Newsom angles for California exemptions to Trump trade war
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Trump and His ‘Little Disturbance’ From Tariffs
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NCLA Sues to Stop Trump Admin. from Imposing Emergency Tariffs That Congress Never Authorized
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Daily Caller News Foundation, New Republic, UPI, Bloomberg, Fox Business, Raw Story, Washington Examiner and GZERO

Lawsuit Challenges Trump's Legal Rationale for Tariffs on China
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The Guardian

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, Quartz, Fortune, Forbes, Los Angeles Times, UPI, Yahoo Finance, NPR, The Independent, CBS News and NewsNation

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, Deadline, 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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Trump sued over China tariffs
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Carney hits back at Trump's auto tariffs, warns U.S. trade action will ‘rupture the global economy’
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The Economist, Global News, Gizmodo, Breitbart and d2176

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

Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble
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Infinite Scroll, IJR, Washington Post, NBC News and Bloomberg

China hits back hard in global trade war with tariffs on US goods
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Barron's Online, Wausau and New York Post


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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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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Jubilation in South Korea After President Who Declared Martial Law Is Ousted — The nation's top court unanimously upheld the impeachment of Yoon Suk Yeol, clearing the way for the election of a new president. — Here's the latest. — South Korea's top court voted unanimously to dismiss …
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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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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


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, Daily Caller News Foundation, Saywhat Politics, 19FortyFive, Townhall, Baltimore Sun and Breitbart


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.


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, New York Times and Baltimore Sun
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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


Trump layoffs begin to erode FDA drug review system — The Trump administration's mass firings at the U.S. Food and Drug Administration have removed employees critical to reviewing new medicines, setting back years of effort to bring promising treatments to patients more quickly, former and current FDA sources told Reuters.
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Washington Post, New York Times and CBS News


The Failed Ideas That Drive Elon Musk — President Trump has reportedly told cabinet members that Elon Musk may soon leave the administration. If and when he goes, what will he leave behind? — Mr. Musk has long presented himself to the world as a futurist.


Trump Administration Set to Pause $510 Million for Brown University — The administration has now targeted five schools' federal funding as part of a pledge to combat what it considers to be antisemitism on university campuses. — The Trump administration intends to block $510 million …
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