Trump's tariffs are coming |
President Donald Trump will unveil his global tariffs plan today at a 4 p.m. EDT event in the White House Rose Garden − shortly after the recently volatile U.S. financial markets have closed for the day. |
Stocks have been on a rollercoaster ride so far Wednesday − a lot of it downhill − in recent weeks since the Trump administration began slapping tariffs on some specific imports and on imports from specific countries. Today's reveal, billed by the White House as a "Make America Wealthy Again" event, is forecast to reach deeper, possibly almost all imports and many more nations. |
• | Trump is calling today "Liberation Day": Trump plans to use tariffs to force other countries to lower their own tariffs on U.S. goods and services. He says this will create a more balanced economic playing field for U.S. exports and incentivize companies to manufacture goods inside the U.S. | • | Trump campaigned on fixing the economy. But most economists worry large-scale reciprocal tariffs ‒ which are likely to trigger retaliatory tariffs from U.S. trading partners ‒ could further hurt the economy, send the stock market plummeting and lead to higher prices for consumers. | • | Meanwhile, the tariffs have prompted the greatest bipartisan rebuke to Trump yet. A Senate resolution to end the emergency declaration enabling tariffs against Canada is likely to have enough Republican votes to pass the chamber late Wednesday afternoon or early evening, soon after the White House's event. | |
Is that a patch of blue sky? |
No, it's not just the early spring weather. Democrats, who haven't had much good news lately, prevailed Tuesday in an election for the Wisconsin Supreme Court − notable because it was for the swing vote on the top court in the nation's quintessential swing state. | Liberal judge Susan Crawford speaks at her election night watch party in Madison, Wisconsin, on Tuesday. Mark Hoffman / Milwaukee Journal Sentinel, Mark Hoffman / Milwaukee Journal Sentinel / USA TODAY NETWORK via Imagn Images |
Could the Supreme Court defund Planned Parenthood? |
The background: Medicaid, which is funded primarily through federal dollars and operated by states for their low-income residents, already prohibits coverage of abortion in most cases. |
But South Carolina argues that the money Planned Parenthood gets from the government for providing birth control, cancer screenings, physical exams, testing and treatment for sexually transmitted diseases and other health services "frees up their other funds to provide more abortions." |
Cory Booker set a record for talking on the Senate floor |
Sen. Cory Booker says he did not eat for days and purposely dehydrated himself in preparation for his record-breaking marathon speech that ended Tuesday night on the Senate floor. The senior Democrat from New Jersey mounted a lengthy protest against the policies of the Trump administration, speaking for 25 hours and 5 minutes. | Democratic Sen. Cory Booker broke the record for longest Senate speech, rebuking the Trump Administration for over 24 hours. Senate TV | | | | Trump has dubbed Wed, April 2, as 'Liberation Day' as he seeks to impose a slew of new tariffs. Some have questioned his tariff strategy. | | | | The Trump administration is cutting hundreds of thousands of federal jobs to save money. At one federal agency, the cuts may actually cost money. | | | | Ratified in 1951, the 22nd Amendment to the U.S. Constitution bars anyone from being elected to the presidency beyond two terms. | | | | When do auto tariffs start? From cars to champagne, consumer goods may be more expensive to import and export from Canada, China, Mexico, and more. | | | | USA TODAY's daily news podcast, The Excerpt, brings you a curated mix of the most important headlines seven mornings a week. | | | | | | | Sign up for the news you want | Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you. | | | | | | |
Belum ada tanggapan untuk "Announcement in the Rose Garden"
Posting Komentar