Top Items:


Trump's Tariffs Disrupt Global Trade Without a Clear Strategy — The global trading system is only one example of the administration tearing something apart, only to reveal that it has no plan for how to replace it. — As the breadth of the Trump revolution has spread across Washington in recent weeks …
Discussion:
OutsideTheBeltway, Daily Mail, Asia Times and The Hill
RELATED:


China slaps 84% retaliatory tariffs on U.S. goods in response to Trump — China has pushed back again on U.S. President Donald Trump's tariff policies by hiking its levies on U.S. imports to more than 80%. — Tariffs on U.S. goods entering China will rise to 84% from 34% starting April 10 …
Discussion:
The Independent, The Hill, NBC News, Scripps News, CBS News, Ace of Spades HQ, Al Jazeera, The Wrap, Bloomberg, Daily Caller News Foundation, Lawyers, Guns & Money, Associated Press, Asia Times, Boston Herald, USA Today, Christian Science Monitor, Washington Times, The Daily Wire and NPR, more at Techmeme »


Trump reciprocal tariffs, additional China levies take effect — White House confirms additional import duties on China as Trump pushes tariffs — The Trump administration is hitting China with harsher tariffs after the country failed to meet the president's 12:00 p.m. deadline on Tuesday to lift its retaliatory tariffs.
Discussion:
CBS News, NPR, USA Today, RedState, New York Post, Breitbart, Euronews, Fortune, FOX 11 Los Angeles, The Daily Wire, Fox News, UPI, The Hill, Al Jazeera, Tennessee Star, Washington Times, Washington Examiner, Semafor, The Post Millennial, Reuters, Bloomberg, The Independent, MeidasTouch News, CNBC and CNN, more at Techmeme »


Has Trump cancelled Christmas? China's decorations makers report no US orders — Chinese producers of plastic Christmas trees and other festive decorations say orders from U.S. clients, which are crucial for their business, should have started to come in by now. But because of surging import tariffs, they haven't.
Discussion:
American Thinker


Live Updates: Markets Slide Further as U.S. Imposes Punishing Tariffs
Discussion:
Bloomberg, The Hill, Vox, New Jersey Online, New York Post, Fox News, Mediaite, The Economist, CBS News, Wall Street Journal, Fox Business, Al Jazeera and USA Today

Breaking | China fires back with fresh 50% tariff in stern rebuke to Trump's escalation
Discussion:
Semafor, Daily Mail and Bloomberg

European Union approves first set of retaliatory tariffs on U.S. imports
Discussion:
Reuters, MeidasTouch News, Politico, Bloomberg and UPI

Dow futures tumble 700 points as China hits back at Trump's tariffs, Apple shares decline: Live updates
Discussion:
Quartz, New Republic and UPI


IRS chief to quit over deal to share data with immigration authorities — Melanie Krause clashed with Treasury Department officials who sought to circumvent IRS executives so immigration authorities could access taxpayers' information. — The acting head of the Internal Revenue Service plans …
Discussion:
Business Insider, Washington Examiner, CNN, ABC News, Townhall, The Post Millennial, Politico, Fox Business, C-SPAN.org, Talking Points Memo, New York Post, Wall Street Journal, Lawyers, Guns & Money, IJR, UPI, Mediaite, USA Today, The Hill, Raw Story, Breitbart, CBS News, New York Immigration Coalition, The Guardian, Bloomberg, New Republic, Fox News, Axios and New York Times
RELATED:


IRS Acting Commissioner Is Resigning After Deal To Share Immigrants' Tax Information With ICE — The Internal Revenue Service's acting commissioner is resigning over a deal to share immigrants' tax data with Immigration and Customs Enforcement. — The acting comissioner of the Internal Revenue Service …
Discussion:
NPR, Axios, Lawyers, Guns & Money, Townhall, Politico, CNN, Deseret News, USA Today, Washington Examiner, New York Post, Associated Press, The Post Millennial and The Gateway Pundit


A Clown in a China Shop — A weird split-screen underway this morning: With Liberation Day tariffs slamming in place pretty much everywhere overnight, the wheels are well and truly coming off the economic bus. J.P. Morgan CEO Jamie Dimon said this morning on Fox News that a recession has become “a likely outcome.”
Discussion:
New York Magazine, E&E News, Daily Kos, The Dispatch, New York Times and Roll Call


Trump's Lust for Power Cannot Be Satiated — It is a fool's errand to try to rationalize President Trump's obsession with tariffs. — This is not to say that people haven't tried. There are any number of theories that seek to explain Trump's preoccupation with tariffs and trade wars.
Discussion:
PBS NewsHour
RELATED:


Trump embraces ‘tailored’ tariff deals as foreign leaders look to sweeten their offers
Discussion:
Politico, NBC News, The Guardian, Metro.co.uk, Bloomberg, Semafor, PJ Media, NPR, Breitbart, One America News Network, Deseret News, New York Post, Raw Story and New York Times

‘We are all waiting for a reply.’ Countries say White House hasn't responded on tariff talks.
Discussion:
Rolling Stone, Forbes and The Independent

Trump's Tariff Goal Is to Eliminate Trade Deficits. Economists Have Doubts.
Discussion:
Raw Story, Associated Press, NBC News, Al Jazeera and Daily Caller News Foundation

Trump threw the economy into chaos because of a bizarre misinterpretation of one statistic
Discussion:
Fox Business, The Dispatch and Yahoo News


U.S. Treasury Yields Jump as Trump Tariffs Fuel Bond Selloff — The increase in long-end Treasury yields prompted a rise in European counterparts, though the selloff in Europe was less intense — U.S. Treasury yields continued to surge after President Trump's sweeping duties …
Discussion:
Financial Times, Bloomberg, Reuters, New York Times, Blaze Media, Lawyers, Guns & Money, The Guardian and WKHM-AM
RELATED:


The bond market plunges as crisis brews — The price of U.S. Treasury bonds is plunging, in what Treasury Secretary Scott Bessent on Wednesday called “deleveraging convulsions.” The effect is to raise borrowing costs just as recession fears spike. — Why it matters: The last thing America needed …
Discussion:
Bloomberg, New York Times, Associated Press, Chartbook and Financial Times


Trump's Tariffs Are Costing Republican Donors. Will They Cost GOP Campaigns Next? — Some major Republican donors are outraged about the president's tariff strategy, which makes midterm fundraising more complicated for the party. — Copy — In the hours before the U.S.'s global …
Discussion:
Raw Story, Bloomberg, USA Today and The Independent
RELATED:


Trump and Johnson Appear to Be Losing House GOP Holdouts on the Budget
Discussion:
Punchbowl News, MeidasTouch News, Politico, Fox News, The Daily Caller, Associated Press, Raw Story, The Hill, Washington Times and Washington Examiner

Scoop: A dozen House Republicans mull defying Trump on tariff bill
Discussion:
Congressman Jeff Hurd, Wall Street Journal, Bloomberg, Washington Examiner and Fox News


Trump Administration Freezes $1 Billion for Cornell and $790 Million for Northwestern, Officials Say — The funding pause amid civil rights investigations into both universities sharply escalates the Trump administration's campaign against elite colleges. — The Trump administration …
Discussion:
Wall Street Journal, Axios, Washington Examiner, The Guardian, CNN, The Princetonian, UPI, The Washington Free Beacon, The Daily Northwestern, New York Post, Jewish Telegraphic Agency, University Statements, Associated Press, Syracuse Post-Standard, Mother Jones, Al Jazeera, RedState, Fox News and HotAir


Dollar Confidence Crisis Is Here, Deutsche Bank Warns — The broad selloff in U.S. stocks and bonds, and the continuing decline in the dollar, represents a “simultaneous collapse in the price of all U.S. assets,” analysts at Deutsche Bank said Wednesday. They warned that “unchartered territory” lies ahead.
Discussion:
Bloomberg


AP wins reinstatement to White House events after judge rules government can't bar its journalists — A federal judge ordered the White House on Tuesday to restore The Associated Press' full access to cover presidential events, affirming on First Amendment grounds that the government cannot punish …
Discussion:
CNBC, The Hill, CNN, Fox News, New York Times, Associated Press, Townhall, Reuters, Mother Jones, Washington Times, Al Jazeera, IJR, Breitbart, Axios, Deseret News, The Moderate Voice, Law & Crime, The Daily Wire, Newsbusters, Raw Story, The Reporters Committee …, RedState, Reason, Washington Examiner, Variety, Mediaite, Advocate, The Wrap, Deadline, The Independent, CBS News, Politico, Bloomberg, The Gateway Pundit, New York Post and Civil Discourse …, more at Mediagazer »


Some elite Trump supporters are having regrets. We asked them why. — President Donald Trump's tariffs haven't only demolished trillions in wealth and raised the chance of a global recession. They've also led some prominent Trump supporters to wonder whether they made a huge mistake.


How Trump Is Putting Law Firms in a No-Win Situation — As Willkie Farr & Gallagher learned, cutting a deal with the White House can avert a financially punitive executive order. But doing so can draw internal rebukes and external criticism. — Willkie Farr & Gallagher last week became …


About 90% of Migrants Deported to El Salvador Had No US Criminal Record — Men were accused of ties to Tren de Aragua criminal gang — US court records show just a few charges for serious crimes — Trump administration officials have described the men deported to El Salvador prisons last month as …


Trump White House Won't Respond to Some Journalists Who Display Their Pronouns — Some Trump administration officials have declined to answer questions from several journalists on the basis of their email signatures. — The Trump administration formally barred federal workers from listing …
Discussion:
The Guardian, Fortune, The Post Millennial, The Independent and The Hill, more at Mediagazer »


DOJ: Some Jan. 6 defendants should be repaid money they sent to Congress — Prosecutors say those whose convictions were wiped out are entitled to reimbursement of the restitution they paid. — Jan. 6 defendants whose convictions were wiped out by President Donald Trump are entitled …
Discussion:
RealClearPolitics, Raw Story, Washington Examiner, The Independent and Talking Points Memo

Ken Paxton Says He Will Challenge Senator John Cornyn in 2026 — The announcement by Mr. Paxton, the attorney general of Texas and a firebrand conservative, set up what is expected to be a blockbuster showdown in Texas. — Ken Paxton, the attorney general of Texas, officially announced …


Why Musk vs. Navarro Matters — The fight reflects the competing factions in Trump's coalition. — Elon Musk opined on the internet Tuesday that White House trade adviser Peter Navarro is “truly a moron” and “dumber than a sack of bricks.” Mr. Navarro had told a TV show that Mr. Musk …
Discussion:
The Wrap, CNN, Quartz, Fortune, Politico, HuffPost, Reuters, Associated Press, Cafe Hayek, The Independent, The Hill, Daily Mail, Futurism, Washington Times, New York Daily News, Raw Story and Bloomberg


'Where's Alex?' A Beloved Caregiver Is Swept Up in Trump's Green Card Crackdown … Alfredo Orellana, 31, was not just a caregiver for Luke Ferris, a 28-year-old with severe autism. The pair worked out at the gym, got tacos and played video games together. They exchanged elbow bumps.


Parents About to Tap 529 College Accounts Can't Wait Out Market Turmoil — Ups and downs of stocks matter when it comes time to pull money out — Financial professionals say leave your money alone in a roller-coaster market. Parents with college-age children don't necessarily have that option.