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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 …
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OutsideTheBeltway, Daily Mail, Asia Times and The Hill
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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 …
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The Independent, MeidasTouch News, The Hill, NBC News, Washington Examiner, CBS News, Scripps News, Ace of Spades HQ, USA Today, Al Jazeera, The Wrap, Hollywood Life, Daily Caller News Foundation, Bloomberg, The Gateway Pundit, Lawyers, Guns & Money, Florida Politics, Associated Press, Asia Times, Fox Business, Boston Herald, Christian Science Monitor, BBC, 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.
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CNN, CBS News, NPR, New York Post, USA Today, RedState, Breitbart, Euronews, Fortune, FOX 11 Los Angeles, The Daily Wire, Fox News, UPI, The Japan Times, The Hill, Al Jazeera, Tennessee Star, Washington Times, Washington Examiner, Semafor, The Post Millennial, Reuters, Bloomberg, The Independent, MeidasTouch News and CNBC


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

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

Has Trump cancelled Christmas? China's decorations makers report no US orders
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American Thinker

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

Trump's New Tariffs Take Effect; China Retaliates; Treasury Prices Fall
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The Free Press and CBS News

Stocks turn higher as trade war escalates: Live Updates
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RedState


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 …
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Business Insider, Washington Examiner, CNN, ABC News, Townhall, The Post Millennial, Politico, Fox Business, C-SPAN.org, New York Post, IJR, Lawyers, Guns & Money, UPI, Wall Street Journal, Mediaite, USA Today, The Hill, Talking Points Memo, Raw Story, Breitbart, CBS News, New York Immigration Coalition, The Guardian, Bloomberg, New Republic, Fox News, Axios and New York Times
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How Musk and Trump Are Working to Consolidate Government Data About You — Databases that Elon Musk's team is trying to access include more than 300 personal details about members of the U.S. public. — The federal government knows your mother's maiden name and your bank account number.
Discussion:
Futurism, Bloomberg, Rolling Stone and Raw Story


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 …
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NPR, Axios, 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:
The Hill, 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.
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PBS NewsHour
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Trump embraces ‘tailored’ tariff deals as foreign leaders look to sweeten their offers
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Politico, NBC News, The Guardian, Metro.co.uk, Bloomberg, PJ Media, Semafor, 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.
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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 …
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Financial Times, Bloomberg, Reuters, New York Times, Blaze Media, The Guardian, Lawyers, Guns & Money and WKHM-AM
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The bond market plunges as crisis brews
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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
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Trump and Johnson Appear to Be Losing House GOP Holdouts on the Budget
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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
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Congressman Jeff Hurd, Wall Street Journal, Bloomberg, Washington Examiner and Fox News


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 …
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CNBC, The Hill, CNN, Fox News, Townhall, Associated Press, New York Times, Reuters, Mother Jones, Washington Times, Al Jazeera, IJR, Breitbart, Axios, Deseret News, The Moderate Voice, The Daily Wire, Law & Crime, 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 »


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


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 …
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Axios, Washington Examiner, Wall Street Journal, The Guardian, CNN, The Princetonian, UPI, The Daily Northwestern, New York Post, The Washington Free Beacon, Jewish Telegraphic Agency, University Statements, Associated Press, Syracuse Post-Standard, Mother Jones, Al Jazeera, RedState, Fox News and HotAir


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 …


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 …


'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.


Protecting American Energy From State Overreach — By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: — Section 1. Purpose. My Administration is committed to unleashing American energy …
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Politico, The Guardian, U.S. Department of Commerce, Axios, Mother Jones, E&E News, Must Read Alaska, UPI and Washington Examiner


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 …
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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


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

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 …


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.