Photo credit: www.theguardian.com
Donald Trump has revealed a temporary halt on tariffs for a majority of countries, excluding China, which saw its tariffs increased to 125% on Wednesday. This announcement marks a significant shift in his trade approach after days of maintaining a firm stance on his aggressive tariff strategy.
The U.S. president specified that nations not retaliating against U.S. tariffs would benefit from a 90-day reprieve, with a standardized tariff of 10% applicable until July. When asked about the rationale behind the pause, Trump remarked to reporters that there was a growing impatience among nations, stating, “People were jumping a little bit out of line. They were getting yippy.”
Trump tariff pause for all but China
Following Trump’s announcement, U.S. stock markets experienced significant gains. The S&P 500 surged by 9.5%, marking its largest single-day increase since 2008, while the Dow Jones Industrial Average rose by 7.9%. Concurrently, some Republican lawmakers are pushing a procedural change aimed at reducing Congress’s authority to counteract Trump’s tariff decisions.
Read the full story
White House insists iPhones can be US-made, Apple says no
The White House is asserting that the vision of producing Apple’s flagship iPhones within the United States is achievable. However, both industry analysts and Apple have expressed skepticism regarding the feasibility of such a plan.
Read the full story
Run deportations like ‘Amazon Prime for humans’ – ICE chief
The acting director of Immigration and Customs Enforcement has proposed adopting a logistics model akin to Amazon’s package delivery system for deportations. Todd Lyons emphasized the need for the agency to treat deportation processes more like a business, suggesting an efficient system that resembles Amazon Prime, but applied to people. His comments were first reported by the Arizona Mirror.
Read the full story
Trump orders DOJ to investigate duo who debunked claims of election fraud
Donald Trump has escalated his campaign against those who criticize him. He has instructed the Department of Justice to investigate a whistleblower and a cybersecurity expert who publicly discounted unsubstantiated allegations of election fraud.
Read the full story
RFK Jr: my measles response is ‘model for world’
Robert F. Kennedy Jr., the health secretary, has claimed that his administration’s response to a measles outbreak in Texas should serve as a template for global action. His remarks came following the recent funeral of a victim of the outbreak.
Read the full story
US steps up anti-protest crackdown
In response to ongoing protests, a surge in anti-protest legislation has been noted, particularly targeting peaceful demonstrations related to the U.S.-backed war in Gaza and climate change. Since the beginning of the year, 41 new anti-protest bills have been introduced across 22 states, significantly surpassing totals from previous years.
Read the full story
FBI chief axed from alcohol, tobacco, firearms bureau
The Trump administration has replaced the acting FBI director, Kash Patel, with Dan Driscoll, the secretary of the army, as the new head of the Bureau of Alcohol, Tobacco, Firearms and Explosives, according to sources familiar with the changes.
Read the full story
What else happened today:
Catching up? Here’s what happened on 9 April.
Source
www.theguardian.com