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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
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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 …
Discussion:
Daily Mail, Asia Times and The Hill


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 …


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:
NPR, CBS News, USA Today, RedState, Breitbart, Euronews, Fortune, New York Post, FOX 11 Los Angeles, Fox News, The Daily Wire, UPI, Al Jazeera, Tennessee Star, Washington Times, The Hill, Washington Examiner, Semafor, Reuters, The Post Millennial, Bloomberg, MeidasTouch News, CNN, CNBC and The Independent, more at Techmeme »


China retaliates against Trump with total 84 percent tariff on US goods — The world's two largest economies send tariffs spiraling in unprecedented trade war escalation. — The Chinese finance ministry announced on Wednesday it will impose another 50 percent tariff on all goods coming …
Discussion:
The Hill, The Verge, Washington Post and Bloomberg


Live Updates: Markets Slide Further as U.S. Imposes Punishing Tariffs
Discussion:
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

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

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

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

China announces 84% retaliatory tariffs on US goods in showdown with Trump
Discussion:
Washington Examiner, Bloomberg, Axios, USA Today, CNBC, The Gateway Pundit, New York Post, Reuters, Fox Business, Al Jazeera, The Japan Times, The Independent, BBC and Scripps News

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

China mocks Trump's tariffs with AI video of US sweatshop workers: ‘Make America Great Again’
Discussion:
The Independent and New York Post

‘We are all waiting for a reply.’ Countries say White House hasn't responded on tariff talks.
Discussion:
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


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:
The Bulwark, Business Insider, Washington Examiner, CNN, ABC News, The Post Millennial, Fox Business, Politico, Lawyers, Guns & Money, C-SPAN.org, Wall Street Journal, New York Post, IJR, Mediaite, Townhall, UPI, USA Today, The Hill, Breitbart, Raw Story, CBS News, The Guardian, Bloomberg, New Republic, Fox News, Axios and New York Times
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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, Politico, CNN, Deseret News, USA Today, Washington Examiner, New York Post, Associated Press, The Post Millennial, The Gateway Pundit and Townhall


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 …


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
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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, Twin Cities, 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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Scoop: A dozen House Republicans mull defying Trump on tariff bill
Discussion:
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 …
Discussion:
The Hill, New York Times, Associated Press, Fox News, Townhall, Reuters, Mother Jones, IJR, Al Jazeera, Deseret News, The Moderate Voice, Law & Crime, Newsbusters, Raw Story, The Reporters Committee …, The Daily Wire, Washington Examiner, Advocate, The Wrap, Deadline, The Independent, CBS News, Politico, The Gateway Pundit and Civil Discourse …, more at Mediagazer »
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Federal judge says White House's punishment of Associated Press is unconstitutional
Discussion:
CNBC, Washington Times, Breitbart, Axios, IJR, Reason, Variety, Raw Story, Mediaite, Reuters, Bloomberg, New York Post and The Post Millennial


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 …


Trump's Tariffs Put Fed Chair Powell in a ‘No-Win Situation’ — A trade war ties the Fed's hands by pushing up inflation at the same time that uncertainty is sapping growth — Federal Reserve Chair Jerome Powell is facing an increasingly dreadful task. — Economists, business owners …
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Fox News, desperate to defend Trump's tariffs, exploits MAGA's masculinity delusions
Discussion:
The Guardian, The Atlantic, HuffPost, The Independent and People For


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 …
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Two Law Firms File for Permanent Relief From Trump's Executive Orders
Discussion:
Raw Story, The Hill and Robert Reich


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 …


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.
Discussion:
Bloomberg


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 and The Hill, more at Mediagazer »


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.


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


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, Reuters, HuffPost, 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.