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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:
CNN, OutsideTheBeltway, 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 …
Discussion:
New York Times, The Independent, Politico, Axios, CBS News, The Hill, NBC News, Ace of Spades HQ, One America News Network, The Gateway Pundit, The Diplomat, Daily Kos, Hollywood Life, Al Jazeera, New Republic, Scripps News, E&E News, Daily Caller News Foundation, IJR, Bloomberg, Asia Times, Lawyers, Guns & Money, Florida Politics, The Verge, Boston Herald, USA Today, Christian Science Monitor, BBC, Washington Times, The Daily Wire and NPR, more at Techmeme »


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, Baltimore Sun, E&E News, The Dispatch, Daily Kos, New York Times and Roll Call


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

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

Trump threatens to end pharmaceuticals tariff exemption
Discussion:
Reuters, The Guardian, The Independent, The Post Millennial and TechCrunch

EU takes revenge on Trump's tariffs as countries approve €20B+ retaliation
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New York Times, CBS News, Semafor, Metro.co.uk, E&E News and UPI

As the trade war rattles bond markets, Trump advises to ‘BE COOL’
Discussion:
The Hill, USA Today, Rolling Stone, Business Insider, Bloomberg, The Daily Wire, Raw Story, The Wrap, Daily Mail, Washington Post, The Nation and CNBC

Trump threw the economy into chaos because of a bizarre misinterpretation of one statistic
Discussion:
Washington Post, New York Times, Fox Business, NBC News, Al Jazeera, Yahoo News and The Dispatch

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

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

China raises its retaliatory tariff on the US to 84% as it vows to ‘fight to the end’
Discussion:
New York Times, CNN, MeidasTouch News, Associated Press, CBS News, Washington Examiner, USA Today, IJR, The Gateway Pundit, Louder With Crowder, WHDH-TV, Breitbart, New York Post, New Jersey Online, RedState, Bloomberg, Axios, Fox Business, CNBC, The Economist, The Japan Times, The Independent, Al Jazeera, HotAir, San Diego Union-Tribune, Fortune and The Guardian

Oil Prices Tumble, Squeezing U.S. Producers
Discussion:
Associated Press, The Texas Tribune, The Kyiv Independent and Semafor

Stocks turn higher as trade war escalates: Live Updates
Discussion:
RedState


Steve Doocy: Major GOP donors ‘terrified’ after Trump tariffs — “Fox & Friends” co-host Steve Doocy remarked that major Republican donors are “terrified” after President Trump implemented sweeping tariffs on dozens of countries, including steep tariffs on China, shaking up international markets.
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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:
New Jersey Online, No More Mister Nice Blog, Mediaite, Raw Story, USA Today and The Independent

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

Republicans who say they didn't vote for this economic crisis are wrong
Discussion:
The Hill and The Independent

April 8, 2025 — Stocks were up early today as traders put their hopes in Treasury Secretary …
Discussion:
Washington Examiner


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 and Rolling Stone
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IRS chief to quit over deal to share data with immigration authorities
Discussion:
Reuters, Business Insider, ABC News, Washington Examiner, Daily Kos, CNN, Townhall, The Independent, Politico, Fox Business, The Post Millennial, C-SPAN.org, UPI, New York Post, IJR, USA Today, The Hill, Lawyers, Guns & Money, Mediaite, Wall Street Journal, CBS News, Raw Story, Breitbart, Talking Points Memo, New York Immigration Coalition, The Guardian, Bloomberg, New Republic, Fox News, New York Times and 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 …
Discussion:
New York Times, Bloomberg, ING Think, Fox Business, Associated Press and Financial Times
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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:
The Economist, Financial Times, Reuters, Telegraph, Fortune, Bloomberg, CNBC, New York Times, Blaze Media, The Guardian, Lawyers, Guns & Money and WKHM-AM


Investors Fear Another Big Blowup of Basis Trade as Treasuries Lose Haven Status
Discussion:
Financial Times, Washington Examiner, Chartbook and Fortune


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 …
Discussion:
Daily Caller News Foundation, NPR and USA Today
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Judges take steps to stop deportation of five Venezuelans held in Texas and New York
Discussion:
Reuters, Scripps News, New York Times, Associated Press and Politico


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.


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:
Reuters
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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 …


U.S. says it is now monitoring immigrants' social media for antisemitism — U.S. Citizenship and Immigration Services has announced it will begin screening immigrant's social media for evidence of antisemitic activity as grounds for denying immigration benefit requests.
Discussion:
ABC News, Washington Examiner, The Hill, Washington Times and Fox News


Many lawyers who argue for Trump at Supreme Court are heading for the exit — At least half of the front-line attorneys in the solicitor general's office plan to leave, people familiar with the matter said, as Trump's emergency requests pile up at the high court.
Discussion:
Talking Points Memo, Deseret News and Townhall


'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.


Inside a Powerful Database ICE Uses to Identify and Deport People — A powerful Immigration and Customs Enforcement (ICE) database, parts of which have been seen by 404 Media, allows the federal government to search for and filter people by hundreds of different, highly specific categories.


'I Know Musk's Secret Blueprint to Destroy Social Security from The Inside' — COLD AND CALCULATED — “I'm almost certain that the goal is privatization,” one 15-year veteran of the agency tells the Daily Beast. — EXCLUSIVE — Rennie Glasgow took a pay cut when he left a job in sales …
Discussion:
Raw Story


High school students post photo on social media standing in front of a Nazi flag — AURORA, Neb. (KSNB/Gray News) - A pair of students in Nebraska are facing consequences after they were seen on social media posing in their high school's locker room holding a flag symbolizing hate.


Trump tries to restore a grim era for American workers — 🪚 🚧 ⛏️ With corporate outlets obeying in advance, supporting independent political media is more important right now than ever. Public Notice is possible thanks to paid subscribers.
Discussion:
The Nation and Futurism


Pete Hegseth senior adviser pushing for Pentagon to cut ties with Scouting America — Critics like the adviser, a former Fox News producer, say the group formerly known as the Boy Scouts is too “woke.” No decision has been made. — One of Defense Secretary Pete Hegseth's top advisers …


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:
CNN, The Wrap, Quartz, Fortune, Politico, Cafe Hayek, HuffPost, Associated Press, Reuters, The Independent, The Hill, Daily Mail, Futurism, Washington Times, New York Daily News, Raw Story and Bloomberg