Steve Bannon wants doge’s receipts
US President Donald Trump’s former adviser Steve Bannon has said that he is expecting “summer like no other” as the White House completes its first 100 days in office. “President Trump went in full force,” he added. Trump marked his 100th day in office today with a rally in Michigan. He also called his presidency the most consequential in history.
What has Trump done in his first 100 days?
Several federal employees told NPR that President Donald Trump’s administration has been searching for ways to cut their budget regardless of whether it is cutting staff, contracts or grants. “We are literally jumping for joy over here in our local office because HQ/DOGE has approved our expenses to pump [a] vault toilet at one of our field offices,” a Bureau of Land Management employee said.
He had a deal with Trump that was killed by tariffs
US Representative Ed Markey has said that President Donald Trump’s delay to the sale-or-ban deadline for TikTok is against law. “If…there is a deal…that can be used to delay the law as is written, it would be beneficial to keep your TikTok app updated,” Markey added. Earlier, Trump had signed a order stating that he wouldn’t impose penalties on TikTok for violating the law.
Nintendo is postponing the release of Switch 2 due to tariffs
Nintendo has announced that the preorders for the Nintendo Switch 2 won’t begin on April 9. The preorders had been set to begin on April 6 but were pushed back due to concerns about US President Donald Trump’s newly announced tariffs. Nintendo said that the preorders will not begin on April 9 due to concerns about Trump’s new tariffs.
Trump’s economists have an answer on how much tariffs will raise prices
China said that it has lodged a WTO dispute complaint against the US, alleging that President Donald Trump’s tariffs on Chinese goods are discriminatory and violate WTO rules. China added 16 new US entities to an export control list, banning them from acquiring Chinese products designated as “dual use” for civilian and military purposes. Earlier, Trump announced 10% tariffs on virtually all imports from China.
How new tariffs will affect small retailers
US President Donald Trump has announced tariffs on $50 billion worth of Chinese goods, including iPhones and washing machines, in response to Beijing’s alleged manipulation of the Chinese market. Trump has said that the tariffs will reduce Americans’ spending on Chinese goods by $294 billion. The US has already threatened to impose tariffs on $250 billion worth of Chinese goods.
According to Trump’s economists, what will tariffs do to prices?
US President Donald Trump has said that the US’ new tariffs on Chinese goods will raise prices of Chinese products by about 16%. He further said that the tariffs would encourage other countries to lower tariffs. This comes after the US announced that it will impose tariffs of up to 67% on $60 billion worth of Chinese products.
The markets in Asia and Europe fell
Asian stock markets fell on Thursday, following US President Donald Trump’s announcement of new tariffs on goods from around the world. Stock markets in Thailand, Japan, South Korea, Australia and India fell by up to 0.7%. In Japan, Mitsubishi UFJ financial shares fell as much as 7.2% as the potential impact of the 24% tariffs on export-dependent Japanese economy dashed expectations that the central bank will keep raising interest rates.
Venezuela expects to resume accepting deportation flights from the United States
The US has agreed to return to El Salvador a Venezuelan citizen who was deported from the country last month. The deportees’ families had argued that they were not criminal gang members and were instead sent there on humanitarian grounds. US President Donald Trump had ordered the deportation of the migrants after they were found vandalising a US-Mexico border fence.
The prime minister of Australia said that they wouldn’t retaliate against the US tariffs
Australia’s Prime Minister Anthony Albanese has said that his government will not retaliate against the US tariffs on Australian steel and aluminum. This comes after US President Donald Trump’s administration imposed a 25% tariff on imports of steel and aluminum. The UK has opted to not retaliate against Trump’s tariff because they were “pragmatic”, British PM Keir Starmer said.