Trump says tariff policies ‘WILL NEVER CHANGE’ amid plunging stocks, Chinese response
The president’s sweeping tariff plan has thrown markets into chaos and risks sparking a global trade war.
The president’s sweeping tariff plan has thrown markets into chaos and risks sparking a global trade war.
He also said he isn’t worried about stock market turbulence, following the worst week in the market in two years.
The normally bullish Trump over the weekend declined to rule out the possibility of a full-blown recession as his tariff policies threaten to spark a massive global trade war.
As federal agencies face crippling cuts and are forced to cut essential services, President Trump has announced he will seek a $1 trillion budget for the Pentagon, a record-setting number that would mark the highest level of U.S. defense spending since World War II.
This story was updated on April 10, 2025 at 9:27 pm.
America has reached a very dangerous moment, as the Supreme Court’s indulgence of President Donald Trump’s belief in his own untrammeled authority collides with the justices’ expectation that he will abide by their decisions.
Speaker Mike Johnson flashed a grin as he chided reporters in the Capitol this morning: “I told you not to doubt us.” Moments earlier, the House had approved a budget proposal that could allow Republicans to pass the president’s “one big beautiful bill”—a boost for not only Donald Trump’s legislative agenda but also Johnson’s job security.
In fairness to the speaker’s doubters, they had good reason to question whether the budget would pass.
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A tension has always existed between President Donald Trump’s push for American retrenchment and his desire to “Make America great again,” but the gulf has grown yawningly wide in the past three months.
This is an edition of Time-Travel Thursdays, a journey through The Atlantic’s archives to contextualize the present and surface delightful treasures. Sign up here.
Looking at a picture of Abraham Lincoln in October 1860, the 11-year-old Grace Bedell claimed to have solved the problem of Lincoln’s face and wrote him a letter to tell him about it. The presidential candidate was well aware of the problem. As he came into public view in 1860, jokes about Lincoln’s appearance abounded.
At the end of the Season 4 premiere of Hacks, Deborah (played by Jean Smart) and Ava (Hannah Einbinder) pose for the cover of a prestigious magazine. Glamorously dressed and impeccably lit, they look ecstatic, beaming in every shot.
The National Institutes of Health is the latest agency to break from Trump’s billionaire adviser.
Republicans are seeking billions in savings from the insurance program for low-income people to pay for tax cuts.
Columbia University professor Marianne Hirsch’s new article in The Forward is titled “I grew up under a terrifying authoritarian regime. Mahmoud Khalil’s arrest is right out of their playbook.” She tells Democracy Now! that seeing footage of the ICE arrests of Khalil and Tufts University student Rumeysa Ozturk “brought back these feelings of terror that I had as a child.
As the U.S. and Iran prepare for talks this weekend in Oman to discuss Iran’s nuclear weapons program, we speak to journalist Negar Mortazavi about the Trump administration’s negotiation strategy of “threats and pressure” and his diplomatic doctrine of “peace through strength.
President Trump has announced a 90-day pause on new tariffs for most countries and a steep increase to tariffs on China. The 125% tariff rate on China comes after China retaliated in an escalating trade war between the two largest economies in the world. For most other countries, a 10% tariff remains in place, but higher tariffs were paused just hours after they went into effect, causing global stock markets to shoot back up after a historic plunge.
He’s turning basic groceries into luxury items.
David Enrich joins to discuss his book on the legal war being waged on journalism.
RFK Jr. also said he’s assembling a task force to focus on the issue.
The statement is a surprising turn for the health secretary and comes amid reports of a second child’s death.
The Waves also discusses the Riverside Church controversy and the case of Sarah Milov.
What we say matters, especially depending on whom we say it to.
The Waves also discusses the case against Jeffrey Epstein and Taffy Brodesser-Akner’s Fleishman Is in Trouble.
The president is foreshadowing deals with multiple trading partners in an apparent effort to quell economic anxiety and prove his tariff plan is working.
Recent polls showed Americans were wary of tariffs, even before the president launched his plan to realign the global trade order.
The president’s sweeping tariff plan has thrown markets into chaos and risks sparking a global trade war.
He also said he isn’t worried about stock market turbulence, following the worst week in the market in two years.