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10:40 AM ET, April 9, 2025

memeorandum

 Top Items: 
Jamelle Bouie / New York Times:
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:
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: Daily Mail, Asia Times and The Hill
Jesse Pound / CNBC:
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 …
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.
Camille Gijs / Politico:
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 …
New York Times:
Live Updates: Markets Slide Further as U.S. Imposes Punishing Tariffs
Reuters:
Has Trump cancelled Christmas? China's decorations makers report no US orders
Discussion: American Thinker
Wall Street Journal:
Trump's New Tariffs Take Effect; China Retaliates; Treasury Prices Fall
Discussion: The Free Press and CBS News
CNN:
China announces 84% retaliatory tariffs on US goods in showdown with Trump
CNN:
Trump embraces ‘tailored’ tariff deals as foreign leaders look to sweeten their offers
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:
Fatima Hussein / Associated Press:
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 …
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: IJR and The Hill
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:
Felix Salmon / Axios:
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 …
Financial Times:
US Treasuries drop for second straight day after weak demand at $58bn auction
Discussion: ING Think and Semafor
NOTUS:
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 …
RELATED:
Jennifer Rubin / The Contrarian:   It's Republicans' Fault
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
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
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 …
Nick Timiraos / Wall Street Journal:
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 …
RELATED:
Nicole Narea / Vox:
Who stands to lose from Trump's stock market chaos?
Discussion: Yahoo Finance
New York Times:
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 …
RELATED:
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
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 …
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 …
Zack Beauchamp / Vox:
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
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 …
Wall Street Journal:
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.
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
Wall Street Journal:
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 …
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.
 
 
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 More Items: 
Courtenay Brown / Axios:
Treasury's Bessent says economy “in pretty good shape” amid market rout
Discussion: NOTUS, The Hill and Fox Business
Nate Weisberg / Washington Monthly:
Who is Batya Ungar-Sargon?  —  A Berkeley-educated leftist who couldn't bear drinking at a bar …
Discussion: The Independent
Washington Post:
Kari Lake to be detailed to State Department to dismantle VOA parent agency
Adam Cancryn / Politico:
RFK Jr. vowed to upend American health care. It's happening faster than expected.
Politico:
New wave of Democratic primary challengers bring age problem into focus
Discussion: USA Today
Aaron Ross / Reuters:
South Sudan cholera patients died walking to clinic after US cut aid, charity says
Discussion: Al Jazeera
 Earlier Items: 
John Heilemann / Puck:
The Committee to Crash the World
Discussion: CNN and New York Times
Erin Reed / Erin In The Morning:
17 Montana Republicans Cross Party Lines, Defeat Anti-Trans Bill After Nonbinary Rep's Speech
Martin Wolf / Financial Times:
Trump's tariffs will damage the world
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
Sara Boboltz / HuffPost:
White House Confirms Trump Is Exploring Ways To ‘Deport’ U.S. Citizens
Discussion: New Republic, Slate and USA Today
Marin Scotten / New Republic:
Trump Claims Nazis Treated Jewish Prisoners With “Love”
 

 
From Mediagazer:

Mark Stenberg / Adweek:
Sources and documents: Amazon Prime Video's ad load has increased to 4-6 minutes per hour, up from 2-3.5 minutes when ads were first introduced in January 2024

Glenn Garner / Deadline:
Former ABC News correspondent and anchor Terry Moran launches a Substack channel following his ouster from the news network

Emanuel Maiberg / 404 Media:
The Wikimedia Foundation pauses an experiment that showed Wikipedia users AI-generated summaries at the top of some articles, following an editor backlash
 
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