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Fear grips markets as Trump tariffs raise risks to global growth

Politics / Political News /

For a brief moment, it looked like Wall Street’s worst fears about President Donald Trump’s tariff plans were misplaced — and a relief rally started rippling through markets.

Then, as he stood in the White House Rose Garden Wednesday soon after 4 p.m., pointing to an oversized placard with the levies he’s slapping on imports from the U...Read more

Yuri Gripas/Abaca Press/TNS

UK to keep pushing for a trade deal after Trump's 10% tariffs

Politics / Political News /

The U.K. refrained from retaliation and said it would maintain its push for a U.S. trade deal after President Donald Trump slapped tariffs of 10% on all imports from Britain as part of a wider global package which he dubbed “Liberation Day” for his country.

“Our approach is to remain calm and committed to doing this deal, which we hope ...Read more

Yuri Gripas/Abaca Press/TNS

Analysis: Triumphant Trump rolls dice on tariffs despite warnings, risks

Politics / Political News /

WASHINGTON — President Donald Trump did not blink Wednesday while resurrecting an economic policy approach last used 95 years ago, a move that will shape his second term and help decide the fate of his “Make America Great Again” movement.

“My fellow Americans, this is Liberation Day,” Trump said at a Rose Garden event to announce ...Read more

Detroit News/The Detroit News/TNS

Vance, Harris are favorites for 2028 election, poll finds. Who else receives support?

Politics / Political News /

The 2028 presidential election is a long way off, but Americans already have thoughts on who they might be willing to support, new polling shows.

In the latest YouGov/Economist poll, most Democrats said they’d consider voting for former Vice President Kamala Harris, and most Republicans said they’d consider casting their ballot for Vice ...Read more

-/AFP/Getty Images North America/TNS

Hill wants $15 billion for weapons Pentagon didn't seek: report

Politics / Political News /

Defense appropriators in Congress have recommended adding nearly $15 billion the Pentagon did not request in fiscal 2025 for several hundred military research and procurement programs, a new database shows.

In most cases, those increases were additions to the amount of funds the Pentagon had sought. But more than one-third of the money went to ...Read more

Armando L. Sanchez/Chicago Tribune/TNS

Illinois GOP suffered major election losses in suburbs that are critical for its rebuilding effort

Politics / Political News /

CHICAGO — Two days before Tuesday’s local elections, the Illinois Republican Party sent out an email to supporters declaring it to be “a do or die moment for us.”

The email was just another in a series of fundraising solicitations. But it may have more accurately captured the importance of the election, which featured wide-ranging ...Read more

Glen Stubbe/Minnesota Star Tribune/TNS

Trump's new tariffs place even more stress on Minnesota farm economy

Politics / Political News /

Crop prices tend to spike when there’s a shock to the global economy.

President Donald Trump’s new round of tariffs announced Wednesday will certainly act like a defibrillator across farm country, but experts say it will only deepen the ongoing downturn in U.S. agriculture.

“We invite retaliation by imposing tariffs and do damage to our ...Read more

Chip Somodevilla/Getty Images North America/TNS

Four Republicans help Democrats pass measure to end Canadian tariffs

Politics / Political News /

WASHINGTON — Four Republicans joined Democrats in the Senate to pass, 51-48, a joint resolution Wednesday that would effectively end President Donald Trump’s steep tariffs on Canadian goods in a vote that revealed GOP resistance to the administration’s sweeping trade agenda.

Sen. Rand Paul, R-Ky., was a co-sponsor of the measure offered ...Read more

'Hands Off' rally against Trump, Musk actions scheduled in Boston on Saturday, joining nationwide protests

Politics / Political News /

BOSTON — Bostonians are expected to join hundreds of protests across the nation against President Donald Trump and Elon Musk Saturday on Boston Common, in what organizers say will be the “largest mobilization since the president took office.”

“On April 5, national and local organizations are coming together across the country for Hands ...Read more

Yuri Gripas/Abaca Press/TNS

Trump tariffs spare no country; Asia and Europe are hit harder

Politics / Political News /

President Donald Trump is imposing tariffs on U.S. trading partners worldwide, his biggest assault yet on a global economic system he has long bemoaned as unfair.

Trump said Wednesday he will apply a minimum 10% tariff on all exporters to the U.S. and slap additional duties on around 60 nations with the largest trade imbalances with the U.S. ...Read more

Justin Sullivan/Getty Images North America/TNS

Trump tariffs: Will Californians pay more for cars, phones, clothes?

Politics / Political News /

President Donald Trump insisted Wednesday that his sweeping new tariffs on foreign goods will ultimately mean “lower prices for consumers.”

Most economists disagree, saying Californians will see higher prices very soon and endure what’s essentially a tax increase.

In a White House Rose Garden ceremony, talking to an audience of blue-...Read more

Evan Jones/Allentown Morning Call/TNS

'Disastrous, reckless policy': Pa. Gov. Josh Shapiro blasts Trump tariffs during visit to Lehigh Valley craft brewery

Politics / Political News /

Beau Baden describes his business, Sherman Street Beer Co., as a “mom and pop” operation. Like many small-business owners in the Lehigh Valley and beyond, he’s concerned about the potential fallout from tariffs being imposed by the Trump administration and retaliatory ones from trading partners such as Canada.

“Myself and my wife run it...Read more

Tampa Bay Times/Tampa Bay Times/ZUMA Press Wire/TNS

Meet the two newest Trump allies in the House from Florida

Politics / Political News /

President Donald Trump will be gaining two strong House allies with the arrival of Florida special election winners Jimmy Patronis and Randy Fine.

Both Republicans won their seats Tuesday by double digits, but their margins of victory were tighter than expected in districts Trump had easily carried just five months ago, an underperformance tied...Read more

Yuri Gripas/Abaca Press/TNS

Trump declares 'Liberation Day,' announces sweeping global tariffs on 'friend and foe alike'

Politics / Political News /

WASHINGTON — President Donald Trump announced sweeping global tariffs Wednesday — a risky move that he vowed would lure manufacturing back to the United States, but which experts warned could upend the global economy.

In a Rose Garden speech, Trump said the U.S. would begin applying a universal baseline tariff of 10% on imported goods from ...Read more

Kayla Bartkowski/Getty Images North America/TNS

Trump: Sens. McConnell and Paul 'unbelievably disloyal' for potentially opposing Canada tariffs

Politics / Political News /

Both of Kentucky’s U.S. senators are drawing the intrigue of Washington and ire of President Donald Trump for their opposition to his push on tariffs.

Senators Rand Paul and Mitch McConnell could join Democrats and a few of their Republican colleagues to scuttle Trump’s efforts to place tariffs on goods coming from Canada, a longtime ally ...Read more

Yuri Gripas/Abaca Press/TNS

Trump orders tariffs starting at 10% on key US trade partners

Politics / Political News /

WASHINGTON — President Donald Trump on Wednesday signed an executive order for 10% baseline tariffs on imported goods starting Saturday and additional levies on worst-offender countries, but vehicles and their parts will be excluded.

The baseline tariff will go into effect starting 12:01 a.m. Saturday, and the additional duties will begin at ...Read more

Kayla Bartkowski/Getty Images North America/TNS

In front of Supreme Court, a reckoning for Planned Parenthood

Politics / Political News /

​WASHINGTON — Though the case being heard inside was not centered on abortion, the scene outside the Supreme Court Wednesday morning seemed to focus squarely on the procedure.

Those gathering outside the court ahead of and during oral arguments for Medina v. Planned Parenthood South Atlantic said they see the case — which will determine ...Read more

Alejandro A. Alvarez/The Philadelphia Inquirer/TNS

Top Democrats sue Trump as Shapiro administration reviews elections order

Politics / Political News /

WASHINGTON — The Shapiro administration is studying President Donald Trump's recent executive order aiming to overhaul U.S. voter registration and elections, an order that sparked a lawsuit Tuesday from top Democrats who accuse Trump of seeking to suppress voters.

A Pennsylvania State Department spokesperson said the president's order, issued...Read more

Olivier Douliery/AFP/Getty Images North America/TNS

Supreme Court sounds conflicted on Medicaid cut for Planned Parenthood

Politics / Political News /

WASHINGTON — Some Supreme Court justices appeared open Wednesday to allowing South Carolina to deny federal funding for Planned Parenthood, during oral arguments in a dispute over the state disqualifying the health care provider from Medicaid for providing abortions.

But key justices also aired concerns that such a decision would leave no way...Read more

Tampa Bay Times/Tampa Bay Times/ZUMA Press Wire/TNS

What to make of Florida's special US House elections after Republicans stave off upsets

Politics / Political News /

WASHINGTON — A pair of Florida Republicans preserved reliably red U.S. House districts in special elections on Tuesday, preventing Democrats from an upset that could have been used as a political cudgel against President Donald Trump in his home state.

Randy Fine, a combative state senator who clashed with Gov. Ron DeSantis, won the open-seat...Read more

 

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