MadAboutPolitics.com - Featured News

Featured News

Today's Political News Compilation - Tuesday, April 1, 2025

  • 48
  • 0
map.png
Below are some of the top political news stories of the day:



1743569165373.png

AP Photo

ap.png
Trump is set to announce ‘reciprocal’ tariffs in a risky move that could reshape the economy

By JOSH BOAK
Updated 11:01 PM CDT, April 1, 2025

WASHINGTON (AP) — After weeks of White House hype and public anxiety, President Donald Trump is set Wednesday to announce a barrage of self-described “reciprocal” tariffs on friend and foe alike.

The new tariffs — coming on what Trump has called “Liberation Day” — is a bid to boost U.S. manufacturing and punish other countries for what he has said are years of unfair trade practices. But by most economists’ assessments, the risky move threatens to plunge the economy into a downturn and mangle decades-old alliances.

The White House is exuding confidence despite the political and financial gamble being undertaken.

“April 2, 2025, will go down as one of the most important days in modern American history,” White House press secretary Karoline Leavitt said at Tuesday’s briefing while adding that the new tariffs will take effect immediately.

The reciprocal tariffs Trump plans to announce follow similar recent announcements of 25% taxes on auto imports; levies against China, Canada and Mexico; and expanded tariffs on steel and aluminum. Trump has also put tariffs against countries that import oil from Venezuela and plans separate import taxes on pharmaceutical drugs, lumber, copper and computer chips.

READ THE FULL STORY - AP



















[URL...

Latest Posts from our Message Boards

Latest Political News Feed

Myanmar leader heads to Bangkok as quake deaths climb to 3,000

  • News source: BBC News - World
  • Replies: 0
  • Views: 5
Min Aung Hlaing is scheduled to attend a summit of the seven countries that border the Bay of Bengal.
Continue reading...

US tariffs on China, EU and more, at a glance

  • News source: BBC News - World
  • Replies: 0
  • Views: 4
A 10% rate of import tax will apply globally - with higher rates for a list of Trump's "worst offenders".
Continue reading...

How aid becomes a weapon in Myanmar's war zone

  • News source: BBC News - World
  • Replies: 0
  • Views: 4
Rescue and relief workers seeking access to some of the worst quake-hit areas are being blocked by the military.
Continue reading...

Three things to know about Trump's tariffs announcement

  • News source: BBC News - World
  • Replies: 0
  • Views: 4
The BBC's Michelle Fleury breaks down what the import taxes mean for the US and countries around the world.
Continue reading...

De minimis trade loophole that boosted Chinese online retailers to end May 2

  • News source: Annie Palmer, CNBC
  • Replies: 0
  • Views: 5
President Donald Trump on Wednesday signed an executive order shutting the de minimis trade loophole, effective May 2.

Trump in February abruptly ended the de minimis trade exemption, which allows shipments worth less than $800 to enter the U.S. duty-free. The order overwhelmed U.S. Customs and Border Protection employees and caused the U.S. Postal Service to temporarily halt packages from China and Hong Kong. Within days of its announcement, Trump reversed course and delayed the cancellation of the provision.

Wednesday's announcement, which came...
Continue reading...

Trump's tariffs are a longtime goal fulfilled - and his biggest gamble yet

  • News source: BBC News - World
  • Replies: 0
  • Views: 10
The president acknowledged that he will face pushback from some, but he urged Americans to trust his instincts.
Continue reading...

Watch: Key moments in Trump's 'Liberation Day' tariffs announcement

  • News source: BBC News - World
  • Replies: 0
  • Views: 8
The US president said universal 10% tariffs would go into effect for all countries starting 5 April.
Continue reading...

EU preparing further countermeasures against U.S. tariffs if negotiations fail, EC President von der Leyen says

  • News source: Lim Hui Jie, CNBC and Sophie Kiderlin, CNBC
  • Replies: 0
  • Views: 12
The European Union is preparing further countermeasures against U.S. tariffs if negotiations fail, according to European Commission president Ursula von der Leyen.

U.S. President Donald Trump had imposed 20% tariffs on the bloc on Wednesday.

Speaking on a livestreamed broadcast, the EC president said that Trump's move was a "major blow" to the world economy.

"There seems to be no order in the disorder, no clear path to the complexity and chaos that is being created as all U.S. trading partners are hit," von der Leyen said.

"Uncertainty will...
Continue reading...

World leaders react with disappointment to Trump's sweeping tariffs

  • News source: Politics - CBSNews.com
  • Replies: 0
  • Views: 11
In a move that could upend American foreign relations across the globe, President Trump announced Wednesday that he is instituting what he described as "reciprocal tariffs" on dozens of U.S. trading partners.

Beginning April 5, all imports to the U.S. will be subject to a baseline tariff of 10%. Then, starting April 9, about 90 countries that, according to the Trump administration currently impose import taxes on U.S. goods, will also be hit by an additional reciprocal tax.

For example, imports from Egypt, the U.K., Ecuador and the United Arab...
Continue reading...

Senate passes measure to revoke new Canada tariffs as four Republicans break with Trump

  • News source: Frank Thorp V, Scott Wong and Sahil Kapur | NBC
  • Replies: 0
  • Views: 9
A group of Senate Republicans delivered a rare rebuke to President Donald Trump on Wednesday, helping to pass a resolution to block his tariffs on Canadian products as he escalated his broader trade war.

The Senate voted 51-48 in favor of a Democratic-led measure to revoke Trump’s Canadian tariffs. Four Republicans — Sens. Susan Collins of Maine; Rand Paul and Mitch McConnell of Kentucky; and Lisa Murkowski of Alaska — joined all 47 Democrats in supporting it.

The resolution, authored by Sen. Tim Kaine, D-Va., is not expected to go anywhere in the...
Continue reading...

Blagojevich has new job working for ‘Bosnian Bear’ politician with ties to Putin

  • News source: FOX News
  • Replies: 0
  • Views: 8
Former Illinois Gov. Rod Blagojevich, fresh off a pardon from President Donald Trump, has a new job representing the interests of a politician known as the "Bosnian Bear," who also has close ties to Russian President Vladimir Putin.

Blagojevich, who was pardoned by Trump in February, has agreed to lobby on behalf of the Republic of Srpska, a Serb-majority territory in Bosnia and Herzegovina, Politico reported. The region has long been mired in ethnic tension.

"RRB Strategies LLC will provide communications and public affairs support on behalf of...
Continue reading...

DOGE uncovers VA’s agreement to pay $380K per month for minor website modifications

  • News source: FOX News
  • Replies: 0
  • Views: 9
The Department of Veterans Affairs (VA) paid hundreds of thousands of dollars a month for website changes before canceling the contract and having an internal staffer take over, according to the Department of Government Efficiency (DOGE).

While combing through loads and loads of data, DOGE discovered a previous contract by the VA for its website maintenance.

"Good work by @DeptVetAffairs," DOGE said in a post on X on Wednesday. "VA was previously paying ~$380,000/month for minor website modifications. That contract has not been renewed, and the...
Continue reading...

Transportation Sec Sean Duffy slams blue state governor, says criminals 'continue to terrorize' city residents

  • News source: FOX News
  • Replies: 0
  • Views: 8
Transportation Secretary Sean Duffy on Wednesday slammed New York Gov. Kathy Hochul and the Metropolitan Transportation Authority (MTA), accusing both of discounting safety risks in New York City subways.

"The @MTA & @GovKathyHochul continue to say NYC subways are perfectly safe. Meanwhile, criminals continue to terrorize innocent New Yorkers," Duffy wrote in a post on X over a news story detailing recent violence on the NYC subway. "We're fighting to make commuting safe again."

In December, a 57-year-old woman was allegedly burned alive by an...
Continue reading...

Ted Cruz clashes with key Democrat over 'second phase of lawfare' through federal judges' orders

  • News source: FOX News
  • Replies: 0
  • Views: 10
Sen. Ted Cruz, R-Texas, and Sen. Amy Klobuchar, D-Minn., sparred during a hearing on federal judges' nationwide orders against the Trump administration, and the Democrat dismissed her colleague's claims of "lawfare."

"Understand this is the second phase of lawfare," Cruz said during the Senate Judiciary Committee's hearing, "Rule by District Judges II: Exploring Legislative Solutions to the Bipartisan Problem of Universal Injunctions."

"Now that their efforts to indict President Trump and stop the voters from re-electing him have failed, they're...
Continue reading...

Answering your questions about President Trump's reciprocal tariffs

  • News source: Christopher Rugaber | The Associated Press and
  • Replies: 0
  • Views: 9
After weeks of anticipation and speculation, President Donald Trump followed through on his reciprocal tariff threats by declaring on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States.
Continue reading...

General News Feed

Fact Checkers News Feed

Back
Top Bottom