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9:00 AM ET, April 9, 2025

memeorandum

 Top Items: 
David E. Sanger / New York Times:
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: Asia Times and The Hill
RELATED:
Rachel Wolf / Fox Business:
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.
New York Times:
Live Updates: Markets Slide Further as U.S. Imposes Punishing Tariffs  —  President Trump's latest moves included a 104 percent tariff on Chinese goods.  Stocks and bonds slumped as Beijing hit back with its own levies and European leaders prepared retaliation measures.  —  Here's the latest.
South China Morning Post:
Breaking | China fires back with fresh 50% tariff in stern rebuke to Trump's escalation
Discussion: Daily Mail and Bloomberg
Jesse Pound / CNBC:
China slaps 84% retaliatory tariffs on U.S. goods in response to Trump
Brian Evans / CNBC:
Dow futures tumble 700 points as China hits back at Trump's tariffs, Apple shares decline: Live updates
Discussion: Quartz and UPI
Nick Timiraos / Wall Street Journal:   Trump's Tariffs Put Fed Chair Powell in a ‘No-Win Situation’
CNN:
Trump embraces ‘tailored’ tariff deals as foreign leaders look to sweeten their offers
New York Times:
For U.S. and China, a Risky Game of Chicken With No Off-Ramp in Sight
Discussion: The Hill
Jonathan Cohn / The Bulwark:   Do Not Pass Go, Do Not Collect $200, Do Go Out of Business
Washington Post:
S&P 500 nears bear market, as highest tariffs in a century threaten trade
Discussion: Mediaite
Reuters:
Limited options push China into trade ‘war of attrition’ with Trump
Zoë Richards / NBC News:
Law firm WilmerHale asks federal judge to permanently block Trump's executive order against it
Discussion: PBS NewsHour
Washington Post:
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 …
RELATED:
Reuters:
US IRS chief to quit over deal to share data with immigration officials, report says  —  The acting head of the U.S. Internal Revenue Service plans to resign over a new agreement to share the tax data of undocumented immigrants with Homeland Security personnel, the Washington Post reported on Tuesday …
Discussion: Politico, IJR and The Hill
Josh Marshall / Talking Points Memo:
DOGE to Shutter DOJ Tax Division
Jack Blanchard / Politico:   A minute past midnight
Emese Bartha / Wall Street Journal:
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 …
RELATED:
Financial Times:
Live news: Treasuries hit as market turmoil intensifies  —  Treasuries hit as market turmoil intensifies  —  Global market turmoil intensified on Wednesday after Donald Trump's sweeping tariffs took effect, with government bonds and stocks selling off.  —  US Treasuries were hit hard …
Martin Wolf / Financial Times:   Trump's tariffs will damage the world
Financial Times:
US Treasuries drop for second straight day after weak demand at $58bn auction
Discussion: Bloomberg and Semafor
Andrew Solender / Axios:
Scoop: A dozen House Republicans mull defying Trump on tariff bill  —  At least a dozen House Republicans are considering signing onto Rep. Don Bacon's (R-Neb.) bill to restrict the White House's ability to impose tariffs unilaterally, Axios has learned.  —  Why it matters …
RELATED:
David Bauder / Associated Press:
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 …
RELATED:
Devan Cole / CNN:
Federal judge says White House's punishment of Associated Press is unconstitutional
New York Times:
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 …
Wall Street Journal:
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
Kyle Cheney / Politico:
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 …
Michael M. Grynbaum / New York Times:
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 …
Marin Scotten / New Republic:
Trump Claims Nazis Treated Jewish Prisoners With “Love” … In his latest rewrite of European history, Donald Trump made a ridiculous and sympathetic declaration about the Nazis.  —  Amid the tariff chaos he spurred, Trump met with Israeli Prime Minister Benjamin Netanyahu in the Oval Office Monday …
J. David Goodman / New York Times:
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 …
Shira Stein / San Francisco Chronicle:
DOGE head denies responsibility for mass firings in private group chat message  —  WASHINGTON — Amy Gleason, acting administrator of the Department of Government Efficiency, denied responsibility for widespread government layoffs in a message to industry colleagues obtained by the Chronicle.
Discussion: Raw Story
New York Times:
'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.
Sara Boboltz / HuffPost:
White House Confirms Trump Is Exploring Ways To ‘Deport’ U.S. Citizens  —  The administration could try removing American citizens if it identifies a pathway it can claim to be legal.  —  Video  —  White House press secretary Karoline Leavitt said Tuesday that President Donald Trump …
Discussion: New Republic, Slate and USA Today
Ashley Lopez / NPR:
New Social Security rules will create hurdles for millions of seniors, report finds  —  Americans seeking retirement or survivor benefits from the Social Security Administration will no longer be able to apply over the phone, starting on Monday.  —  Instead, they will have to seek services online …
Center for Constitutional Rights:
Video of arrest, new details in Trump administration's case targeting Georgetown postdoctoral fellow Dr. Khan Suri for speech on Palestinian rights  —  RICHMOND, Va. - Today Georgetown professor and postdoctoral fellow Dr. Badar Khan Suri filed an amended complaint in his case Khan Suri v. Trump challenging …
Erin Reed / Erin In The Morning:
17 Montana Republicans Cross Party Lines, Defeat Anti-Trans Bill After Nonbinary Rep's Speech  —  Erin In The Morning is a reader-supported publication.  To receive new posts and support my work, consider becoming a subscriber.  —  On Tuesday, Montana's House considered Senate Bill 164 …
Wired:
Dr. Oz Pushed for AI Health Care in First Medicare Agency Town Hall  —  Dr. Oz, who now controls the Centers for Medicare and Medicaid Services and its $1.5 trillion budget, promoted the idea that AI avatars could replace frontline health care workers.  —  Dr. Mehmet Oz, the new administrator …
Aaron Ross / Reuters:
South Sudan cholera patients died walking to clinic after US cut aid, charity says  —  Eight people in South Sudan, including five children, died on a three-hour walk to seek medical treatment for cholera after U.S. aid cuts forced local health services to close, the UK-based charity Save the Children said on Wednesday.
Discussion: Al Jazeera
 
 
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 More Items: 
Nate Weisberg / Washington Monthly:
Who is Batya Ungar-Sargon?  —  A Berkeley-educated leftist who couldn't bear drinking at a bar …
Discussion: The Independent
Andrew Stiles / The Washington Free Beacon:
Outstanding Work, Doctor: How Jill Biden's Lust for Power Saved America
Nicole Narea / Vox:
Who stands to lose from Trump's stock market chaos?
Discussion: Yahoo Finance
Washington Post:
Kari Lake to be detailed to State Department to dismantle VOA parent agency
Adam Cancryn / Politico:
'It's a mess': Inside the RFK Jr. revamp tanking HHS morale and worrying industry
Politico:
Democrats begin to confront their age problem in primary campaigns
Discussion: USA Today
 Earlier Items: 
Matthew Goldstein / New York Times:
Two Law Firms File for Permanent Relief From Trump's Executive Orders
Discussion: Raw Story, The Hill and Robert Reich
Jennifer Bendery / HuffPost:
Make Tooth Decay Great Again: GOP Comes For Fluoride In Drinking Water
New York Times:
Trump Signs Orders Aimed at Reviving a Struggling Coal Industry
 

 
From Techmeme:

Bloomberg:
Salesforce agrees to acquire cloud data management company Informatica for ~$8B, set to close in its FY 2027, one year after an earlier deal fell through

Bloomberg:
Circle aims to raise up to $624M in its US IPO, offering 24M shares at $24-$26 each, valuing it at ~$5.65B, or ~$6.7B fully diluted, at the top of the range

Bloomberg:
Texas enacts an online child safety bill requiring app stores to verify users' ages and secure parental approval before minors can get most apps or make IAPs
 
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