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12:20 PM ET, April 4, 2025

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 Top Items: 
New Republic:
“Horrifying”: Trump's Weird, Confused Rant to Media as Markets Tanked  —  After President Trump imposed sweeping tariffs on imports from all over the globe, prompting the markets to implode, he took a question about it on Thursday.  He ranted and rambled delusionally about how everything is just great.
RELATED:
Keith Bradsher / New York Times:
Trump's Trade War Escalates as China Retaliates With 34% Tariffs  —  The Chinese government said it would match President Trump's tariff, and also barred a group of American companies from doing business in China.  —  China has struck back at President Trump on Friday.
New Republic:
Transcript: Trump's Tariff Madness Can Be Stopped.  Here's How.  —  The following is a lightly edited transcript of the April 4 episode of the Daily Blast podcast.  Listen to it here.  —  Greg Sargent: This is The Daily Blast from The New Republic, produced and presented by the DSR network.
Financial Times:
America's astonishing act of self-harm  —  Trump's tariffs will upend the global economic order and tarnish US prosperity  —  If it endures, Donald Trump's decision on April 2 2025 to enact sweeping “reciprocal” tariffs on US trade partners will go down as one of the greatest acts of self-harm in American economic history.
South China Morning Post:
Breaking |  China hits back at US with 34% tariff on American imports in retaliation for Trump's duties  —  The tariff comes into effect on April 10 and is part of a raft of measures that includes more rare earths controls  —  China will impose a 34 per cent tariff on imported American goods …
Jeff Cox / CNBC:15 minutes ago
Powell sees tariffs raising inflation and says Fed will wait before further rate moves  —  Federal Reserve Chair Jerome Powell said Friday that he expects President Donald Trump's tariffs to raise inflation and lower growth, and indicated that the central bank won't move on interest rates until …
Scott Horsley / NPR:25 minutes ago
The job market remains incredibly healthy — but the tariff storm could upend things  —  The American labor market just provided a bit of reassuring economic news at the end of a rocky week.  —  U.S. employers added 228,000 jobs in March.  That's about twice the number added the previous month …
Politico:
Republicans play powerless as Trump tariff fears sweep across the globe
Ruxandra Iordache / CNBC:
China to impose 34% retaliatory tariff on all goods imported from the U.S.
CNBC:
Dow drops 1,400 points, Nasdaq set to close in bear market as Trump tariff sell-off worsens: Live updates
Ian Haworth / Washington Examiner:
At least Trump's swarm of sycophants supports his tariffs
Alexandra Hutzler / ABC News:
Trump says it could take 2 years before tariffs result in American manufacturing boomNEW!
Discussion: Reuters, New Republic and Roll Call
Nikki McCann Ramirez / Rolling Stone:   Trump Shares Video About How He Is ‘Purposely Crashing the Stock Market’15 minutes ago
Rebecca Robbins / New York Times:
Trump's Next Tariffs Target Could Be Foreign-Made Medicines
Discussion: Forbes
Wall Street Journal:
Trump and His ‘Little Disturbance’ From Tariffs
Ellen Nakashima / Washington Post:
National Security Agency and Cyber Command chief Gen. Timothy Haugh ousted  —  The director of the NSA, the powerful wiretapping and cyber espionage service, was fired and reassigned Thursday, according to U.S. officials.  —  just now  —  The director of the powerful wiretapping …
RELATED:
Julian E. Barnes / New York Times:
Head of National Security Agency and Cyber Command Is Ousted  —  No reason was given for the removal of Gen. Timothy D. Haugh, but the far-right activist Laura Loomer had called for his ouster in a meeting with President Trump, an official said.  —  The head of the National Security Agency …
Jonathan V. Last / The Bulwark:
The American Age Is Over  —  1. Canada  —  Fittingly, it was the Canadian prime minister, Mark Carney, who declared the official time of death. … And just like that, the age of American empire, the great Pax Americana, ended.  —  Share  —  We cannot overstate what has just happened.
Discussion: Lawyers, Guns & Money and Reuters
RELATED:
William Kristol / The Bulwark:
The Lamps Are Going Out Around Us  —  Another three-percent pummeling for Dow futures this morning on the heels of China's announcement of retaliatory tariffs against the United States—looks like we're shaping up for another fun day on the stock market.  Happy(?) Friday.  —  It All Falls Apart
Holly Otterbein / Politico:
Poll: AOC leads Schumer in head-to-head New York primary matchup by double digits  —  The liberal group Data For Progress conducted the survey of likely Democratic voters.  —  Alexandria Ocasio-Cortez is leading Chuck Schumer by double digits in a new head-to-head poll of the 2028 New York primary.
Michelle Ye Hee Lee / Washington Post:
South Korean court removes president from office, says he violated duties  —  The Constitutional Court upheld the impeachment of President Yoon Suk Yeol over his attempt to impose martial law, a decision expected to exacerbate political divisions.  —  Just now
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Siddarth S / Reuters:
Global brokerages raise recession odds; J.P.Morgan sees 60% chance  —  J.P.Morgan ratcheted up its odds for a U.S. and global recession to 60%, as brokerages scrambled to revise their forecast models with tariff distress threatening to sap business confidence and slow down global growth.
NPR:
Trump's VA is ending a rescue program that's saved 17,000 military veterans' homes  —  The U.S. Department of Veterans Affairs said Thursday that it will end a mortgage-rescue program designed to help veterans who have fallen behind on their mortgages keep their homes.
Lisa Rein / Washington Post:
Social Security faces thousands more job cuts even with service in tailspin  —  The agency has already seen 7,000 job losses from dramatic cost-cutting efforts by Trump and Musk — even as they promise no benefit reductions.  —  Just now  —  The Social Security Administration …
RELATED:
Steve Beynon / Military.com:
Army Planners Are Weighing Force Reductions of Up to 90,000 Active-Duty Soldiers
Discussion: RedState
Ben Quinn / The Guardian:
Russell Brand charged with rape and sexual assault  —  Actor and comedian charged with rape, indecent assault, oral rape and two counts of sexual assault, say police  —  The comedian and actor Russell Brand has been charged with one count each of rape, indecent assault and oral rape as well as two counts of sexual assault.
Ethan Gach / Kotaku:
Nintendo Halts Switch 2 Pre-Orders Over Trump's Tariffs  —  New tariffs threaten massive price hikes on gaming hardware and other consumer goods  —  Switch 2 pre-orders were supposed to begin on April 9.  No longer.  In an unprecedented move, Nintendo announced on Friday that it's halting pre-orders …
Jill Lepore / New York Times:
The Failed Ideas That Drive Elon Musk  —  President Trump has reportedly told cabinet members that Elon Musk may soon leave the administration.  If and when he goes, what will he leave behind?  —  Mr. Musk has long presented himself to the world as a futurist.
Yair Rosenberg / The Atlantic:
Trump's Jewish Cover Story … The Trump administration wants you to know that it's just looking out for Jews.  In recent weeks, the White House has cited anti-Semitism as the motivation for many of its controversial moves, whether deporting foreign students who allegedly engaged …
RELATED:
Emily Hallas / Washington Examiner:
Obama rips into law firms and universities bowing to Trump threats at Hamilton College
Paul Krugman:
How a Con Man President Is Destroying Confidence  —  Chaos and incompetence are bad.  Who knew?  —  1,185  —  Normally, I don't believe in confidence.  —  In the aftermath of the 2008 financial crisis, “confidence” was the first refuge of scoundrels.  That is, the supposed need to retain …
Mike Scarcella / Reuters:
US judge to hear lawsuit of man deported to El Salvador in error  —  A U.S. judge in Maryland is scheduled to hear arguments on Friday over the erroneous deportation of a Salvadoran man who was flown to El Salvador last month as part of an agreement by President Donald Trump's administration …
Discussion: CBS News, KTVZ-TV and USA Today
RELATED:
Politico:
Boasberg signals he may hold Trump officials in contempt over deportation flights
 
 
 New Item Finder: 
5 minutes ago
Alexandra Hutzler / ABC News:
Trump says it could take 2 years before tariffs result in American manufacturing boom   Find
10 minutes ago
Mother Jones:
Top Prosecutor Spoke at Event Attended by January 6 Seditionists Who Are Appealing Their Convictions   Find
15 minutes ago
Wall Street Journal:
Americans Rush to Buy TVs, Soy Sauce, Lululemon Workout Gear   Find
15 minutes ago
Nikki McCann Ramirez / Rolling Stone:
Trump Shares Video About How He Is ‘Purposely Crashing the Stock Market’   Find
15 minutes ago
Jeff Cox / CNBC:
Powell sees tariffs raising inflation and says Fed will wait before further rate moves   Find
25 minutes ago
Scott Horsley / NPR:
The job market remains incredibly healthy — but the tariff storm could upend things   Find
 
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 More Items: 
Mother Jones:
Top Prosecutor Spoke at Event Attended by January 6 Seditionists Who Are Appealing Their Convictions10 minutes ago
Discussion: Reuters
Wall Street Journal:
Americans Rush to Buy TVs, Soy Sauce, Lululemon Workout Gear15 minutes ago
Samantha Hancox-Li / Liberal Currents:
The New Gender Synthesis  —  The new right is a great purveyor of images.
Jason Wilson / The Guardian:
Wisconsin recipient of $1m from Musk was active in Republican campaigning
Reuters:
Trump layoffs begin to erode FDA drug review system
Discussion: New York Times and Washington Post
Charlie Savage / New York Times:
Trump Sidelines Justice Dept. Legal Office, Eroding Another Check on His Power
 Earlier Items: 
Mark Hertling / The Bulwark:
When American Soldiers Were in Trouble, Our Allies Showed Up
Discussion: Military.com and Associated Press
Richard Cowan / Reuters:
US Senate Republican calls top Democrat Chuck Schumer ‘Fuhrer’
Discussion: Plain Dealer
Damian Carrington / The Guardian:
Climate crisis on track to destroy capitalism, warns top insurer
Discussion: Ace of Spades HQ
Max Kozlov / Nature:
Exclusive: Trump White House directs NIH to study ‘regret’ after transgender people transition
Discussion: The Daily Signal
New York Times:
Trump Administration Set to Pause $510 Million for Brown University
 

 
From Techmeme:

Emma Roth / The Verge:
Nintendo delays preorders for the Switch 2 from April 9, 2025 due to concerns about Trump's tariffs but the June 5 launch date remains unchanged

Wall Street Journal:
Sources: Klarna has halted its planned IPO in the wake of Trump's tariffs turmoil; StubHub has also delayed its IPO plans

Kyle Wiggers / TechCrunch:
Sam Altman says OpenAI plans to release o3 and o4-mini “after all” and GPT-5 “in a few months”, citing challenges in “smoothly integrating everything”
 
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