Trump Corruption

CNBC reports: Stocks plummeted Thursday, sending the S&P 500 back into correction territory for its biggest one-day loss since 2020, after President Donald Trump unveiled sweeping tariffs, raising the risk of a global trade war that plunges the economy into a recession. The broad market index dropped 4.84% and settled at 5,396.52, posting its worst day since June 2020. The …

The Washingtonian reports: Thousands of protestors nationwide are expected to participate in a series of anti-Trump demonstrations on Saturday, April 5. The progressive coalition organizing the Hands Off! rallies has planned more than 1,000 events across the country for its National Day of Action, with a flagship protest slated to descend on DC. As of Monday afternoon, a spokesperson for …

The Daily Beast reports: President Donald Trump’s response to a tanking U.S. stock market—brought on by his sweeping tariff announcement Wednesday—is to fly to Florida. The president is scheduled to jet to Miami on Thursday afternoon to attend a LIV Golf tournament at his golf course in nearby Doral. He is scheduled to hang there for two-and-a-half hours before attending …

Mediaite reports: Elon Musk has amplified a Roger Stone conspiracy theory that the Wisconsin Supreme Court election held on Tuesday was somehow stolen after the Tesla billionaire and close Donald Trump confidante shelled out millions in a failed bid to sway the race. On Musk’s X platform, he replied “Hmm” to an Alex Jones video in which former Trump adviser …

The New York Times reports: Laura Loomer, the far-right activist and promoter of conspiracy theories, met on Wednesday with President Trump in the Oval Office, where she pressed for him to fire National Security Council staff members whom she deemed disloyal to him, according to seven people with knowledge of the events. Mr. Trump may act on some of Ms. …

CNBC reports: Stocks cratered Thursday after President Donald Trump unveiled sweeping tariffs of at least 10% and even higher for some countries, raising the risks of a global trade war that hits the already sputtering U.S. economy. The S&P 500 dropped 3.4%, putting it on track for its worst day since September 2022. The Dow Jones Industrial Average tumbled 1,200 …

Politico Europe reports: Germany’s leaders aren’t concealing their preferred strategy on how to counter U.S. President Donald Trump’s “Liberation Day” tariffs: Retaliate hard enough to get Trump to come to his senses. Economy Minister Robert Habeck called for a firm response to what he termed Trump’s “tariff mania.” “The strategy [must] be aimed at, in the end, not risking or …

From the Wall Street Journal editorial board: Mr. Trump’s tariffs look “reciprocal” in name only. First he’s hitting every nation in the world with a 10% “baseline” tariff to sell in the U.S. market. For those he calls “bad actors,” he’s adding up the country’s tariff rate on U.S. goods, plus an arbitrary estimate of the cost of its “currency …

The Guardian reports: A group of barren, uninhabited volcanic islands near Antarctica, covered in glaciers and home to penguins, have been swept up in Donald Trump’s trade war, as the US president hit them with a 10% tariff on goods. Heard Island and McDonald Islands, which form an external territory of Australia, are among the remotest places on earth, accessible …

Mediaite reports: President Donald Trump announced a long list of new tariffs on Wednesday, and observers swiftly noticed a rather glaring omission. Numerous commentators have criticized the new tariffs for not just the economic havoc they were poised to spark, but for falsely categorizing value-added taxes and other sales or corporate taxes as tariffs. Not on the list? Russia. Also …

The New York Times reports: Calling his announcement a “declaration of economic independence,” President Trump imposed sweeping retaliatory tariffs at a Rose Garden ceremony. He said he would establish a universal baseline tariff of 10 percent, and additional rates that apply to certain countries. Some of the rates he announced — 34 percent for China, 26 percent for India, 24 …

The Washington Post reports: Senate Republicans — like investors and foreign governments — are nervously waiting for President Donald Trump to detail a new round of tariffs in a 4 p.m. speech at the White House. Trump has described the announcement for weeks as “Liberation Day,” but many Republican senators have expressed at least some concern about the tariffs’ impact …

Politico reports: Trump has told his inner circle, including members of his Cabinet, that Elon Musk will be stepping back in the coming weeks from his current role as governing partner, ubiquitous cheerleader and Washington hatchet man. The president remains pleased with Musk and DOGE, but both men have decided in recent days that it will soon be time for Musk …

Politico reports: Musk catapulted the state Supreme Court election into national view, vocally backing conservative candidate Brad Schimel — who also clinched President Donald Trump’s endorsement — and pouring millions into the efforts to get him elected. The Wisconsin election, Musk claimed, would decide the trajectory of not only the whole country, but perhaps all of “Western civilization” and “the …

Elektrek reports: Tesla has about $200 million worth of Cybertrucks in inventory in the US, as the truck is extremely difficult to sell. With Tesla having issues selling new Cybertrucks, the automaker is reportedly not taking any as trade-ins. Many Cybertruck owners reported trying to trade-in the truck for a new vehicle and they were told that the automaker currently …

ABC News reports: Donald Trump’s social media company on Monday filed paperwork with the Securities and Exchange commission that could allow the president’s trust to sell more than $2 billion of shares. Trump Media and Technology Group filed a registration with the SEC that would open the door for the president’s trust to sell up to nearly 115 million shares, …

From the Wall Street Journal editorial board: Democrats solidified their 4-3 progressive majority on the Wisconsin Supreme Court on Tuesday, and the ramifications are nationwide. The comfortable win by Democratic Judge Susan Crawford is the second sign in two weeks of a political backlash against the Trump Presidency. That’s a warning to the GOP that the Trump-Musk governing style is …

Mediaite reports: President Donald Trump’s claims that there are “methods” by which he could run for a third term are not being taken lightly by the electorate. A majority of Americans believe the president will ultimately try for a third term in office, according to a new poll by YouGov. In all, 56 percent of respondents think Trump will either …

Reuters reports: Former Costa Rican President and Nobel Prize winner Oscar Arias said on Tuesday that the U.S. had revoked his visa to enter the country, weeks after he criticized U.S. President Donald Trump on social media saying he was behaving like “a Roman emperor.” Arias, 84, was president between 1986 and 1990 and again between 2006 and 2010. A …

The Milwaukee Journal-Sentinel reports: Just how nervous is billionaire Elon Musk about allegations that he may be violating the state’s bribery statute by paying people to vote? On Tuesday, Musk’s super PAC, America PAC, pulled a video from X featuring $1 million giveaway winner Ekaterina Deistler in which she said she received the money, in part, to “vote.” “My name’s …