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Markets plunge worldwide for a second day straight following China's tariff retaliation
The worldwide sell-off for financial marketsslammedinto an even higher, scarier gear on Fridayafter China matched U.S. President Donald Trump's big raise in tariffs in an escalating trade war, with markets facing their worst crisis since the COVID crash.
Published on: April 04, 2025 | Source:
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Sean (Diddy) Combs faces 5 criminal counts in new indictment
Sean (Diddy)Combs was hit with a new federal indictment on Friday charging the hip-hop mogul with five criminal counts, including racketeering and sex trafficking, court records showed. Combs, 55, had previously faced three criminal counts. He has pleaded not guilty.
Published on: April 04, 2025 | Source:Lesotho puzzled by whopping U.S. tariff rate, which could decimate its economy
Lesotho scrambled to put together a delegation on Friday to head to Washington to engage with the United States on tariffs that risk wiping out nearly half of its exports, its trade minister said, in what could be a death blow to its economy.
Published on: April 04, 2025 | Source:Actor-comedian Russell Brand charged with rape in the U.K.
British police chargedactor-comedianRussellBrandwith rapeand multiple counts of assault connected to a number of allegations between 1999 and 2005,a police statement on Friday said.
Published on: April 04, 2025 | Source:China slaps 34% retaliatory tariff on the U.S., says Trump's levy 'seriously violates' world trade rules
China announced Friday that it will impose a 34 per cent tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following U.S. President Donald Trump's "Liberation Day" slate of double-digit tariffs.
Published on: April 04, 2025 | Source:Panama Papers leak has led to nearly $2B in recouped taxes for governments
Almost exactly nine years after the Panama Papers were revealed, two dozen countries' tax agencies say they've recovered nearly $2 billion combined in tax arrears thanks to information in the leak about hidden bank accounts and offshore shell companies.
Published on: April 04, 2025 | Source:South Korea's constitutional court upholds president's impeachment over martial law order
Published on: April 04, 2025 | Source:
South Korean court to rule on political fate of impeached president over martial law order
South Korea's Constitutional Court is set to rule on the impeachment of President Yoon Suk Yeol on Friday, either removing him from office or restoring his powers four months after the conservative leader threw the country into turmoil with an ill-fated declaration of martial law.
Published on: April 03, 2025 | Source:Trump sued over China tariffs
President Trump was sued Thursday over the 20 percent tariffs he imposed on Chinese goods in the weeks leading up to Wednesdayโs broader announcement. It marks the first known legal challenge against Trumpโs tariffs, which have fulfilled a campaign promise and rattled financial markets. The lawsuit contests Trumpโs use of the International Emergency Economic Powers Act...
Published on: April 03, 2025 | Source:Kennedy suggests 20 percent of HHS cuts may be reversed
Department of Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. said that he expects about 20 percent of fired employees to be reinstated as the agency backtracks after making cuts directed by the Department of Government Efficiency (DOGE). โSome programs that were cut, theyโre being reinstated,โ Kennedy told reporters Thursday. โPersonnel that should...
Published on: April 03, 2025 | Source:Senate advances blueprint for Trump tax cuts, other top priorities
The Senate on Thursday advanced its budget resolution, teeing up a weekend vote on a blueprint for President Trump's tax agenda and other top priorities. Senators voted 52-48 to kick off consideration of the measure. A simple majority was needed. The resolution sets out instructions that both chambers will eventually use to craft a bill they...
Published on: April 03, 2025 | Source:Democratic attorneys general join legal fight over Trumpโs election orderย
Nineteen Democratic attorneys general sued Thursday over President Trumpโs executive order that aims to strengthen proof of citizenship requirements in voting and prevent states from tabulating mail-in ballots received after Election Day. The new lawsuit adds to three existing cases filed by the Democratic National Committee (DNC) and separate coalitions of private groups, who accuse Trump...
Published on: April 03, 2025 | Source:Leavitt: Trump tariffs wonโt lead to 'pain' for American-owned businesses or US workers
White House press secretary Karoline Leavitt said President Trumpโs tariffs wonโt lead to โpainโ for U.S. workers or American-owned businesses amid concern after โLiberation Day.โ Leavitt joined NewsNationโs โMorning in Americaโ on Thursday morning, just a day after Trump announced a 10 percent general tariff on all imports to the U.S. and targeted tariffs on...
Published on: April 03, 2025 | Source:Markets plunge in wake of Trump’s new tariffs and fears of global trade war
U.S. markets plunged in the wake of President Trump's announcement of new tariffs. Many stocks had their worst single day since the start of the pandemic in 2020. Leaders around the world denounced the tariffs and experts warned the president's action could risk more inflation, stall growth and even trigger a recession. Lisa Desjardins reports and Geoff Bennett discusses more with Ron Insana.
Published on: April 03, 2025 | Source:Officials in 19 states sue to block Trump’s election order, saying it’s unconstitutional
Democratic officials in 19 states filed a lawsuit Thursday against President Donald Trump's attempt to reshape elections across the U.S., calling it an unconstitutional invasion of states' clear authority to run their own elections.
Published on: April 03, 2025 | Source:GOP Sen. Johnson says Wisconsin bracing to see ‘how painful’ tariff fallout will be
Financial markets sank in the wake of President Trump's decision to impose tariffs on practically all goods being imported to the U.S. Republican Sen. Ron Johnson is a member of the Senate budget and finance committees. His state of Wisconsin exports more than $27 billion in goods to international markets and he joined Amna Nawaz to discuss the tariffs.
Published on: April 03, 2025 | Source:NSC staff ousted
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story National Security Council staff ousted at White House Multiple staff members on the White House National Security Council were fired Thursday following a meeting President Trump had this week with far-right activist Laura Loomer. AP...
Published on: April 03, 2025 | Source:News Wrap: Trump fires several National Security Council members
In our news wrap Thursday, President Trump will fire several members of his National Security Council after he met in the Oval Office with conservative activist and conspiracy theorist Laura Loomer, the Senate confirmed Dr. Mehmet Oz to lead the Centers for Medicare and Medicaid Services and a string of violent storms across the Midwest and South killed at least six people.
Published on: April 03, 2025 | Source:Senators introduce bipartisan bill to expand congressional authority over tariffs
Legislation pushed by Iowa Republican Sen. Chuck Grassley and Washington Democratic Sen. Maria Cantwell would require presidents to justify new tariffs and secure congressional approval within 60 days, otherwise they would expire.
Published on: April 03, 2025 | Source:Mehdi Hasan on talks of Booker's rise in Democratic Party: 'Let's calm down'
Former MSNBC host Mehdi Hasan said itโs premature for Democrats to talk about Sen. Cory Booker (D-N.J.) potentially running for president in 2028, saying news cycles pass quickly in President Trumpโs Washington. In an interview on NewsNationโs โOn Balance,โ host Leland Vittert asked Hasan, a left-leaning commentator, whether he thinks โeverybody [is] getting a little...
Published on: April 03, 2025 | Source:Cruz: High tariffs 'in perpetuity' would not be good economic policy
Sen. Ted Cruz (R-Texas) on Thursday warned that if President Trumpโs tariffs on trading partners last for months it will hurt the economy and American consumers. โI think it is a mistake to assume that we will have high tariffs in perpetuity. I donโt think that would be good economic policy. I am not a...
Published on: April 03, 2025 | Source:How Taiwan is boosting its defenses to resist Chinese aggression
Taiwan has long been the most tense flashpoint between Washington and Beijing. By law, the U.S. is required to help Taiwan defend its democracy. This week, Chinaโs Peopleโs Liberation Army launched new drills and sent ships around Taiwan. The U.S. said the moves โput the regionโs security, and the worldโs prosperity, at risk.โ Nick Schifrin reports for our series: Taiwan: Risk and Resistance.
Published on: April 03, 2025 | Source:Tariffs roil Big Tech
{beacon} View Online Technology Technology The Big Story Why Trump's tariffs are roiling Big Tech President Trumpโs sweeping new tariffs are poised to strike a blow at the tech industry, as massive import taxes on China and Taiwan disrupt trade flows central to tech firmsโ business. AP Photo/Seth Wenig Trump announced new tariffs...
Published on: April 03, 2025 | Source:Trump administration resumes family detention in immigration crackdown
One of the most contentious immigration policies in recent decades has been the detention of undocumented immigrant families. The Trump administration plans to detain thousands more in an effort to crack down on border crossings and legal pathways to asylum. John Yang discussed more with Caitlin Dickerson of The Atlantic.
Published on: April 03, 2025 | Source:What tariffs could mean for US workers, consumers and the economy
President Trumpโs Wednesday tariff announcement was larger in scope than many businesses and policy analysts were predicting, with the imposition of a 10 percent general tariff on imports to the U.S. and additional targeted tariffs on dozens of other countries. The taxes on U.S. importers of foreign products are a major unilateral escalation of Trumpโs...
Published on: April 03, 2025 | Source:Conservative constitutional lawyer weighs in on Trump’s aggressive use of executive power
President Trump has an expansive view of presidential authority and is claiming sweeping powers over the executive branch, including independent federal agencies. Amna Nawaz spoke with Joel Alicea, a professor of law and director of the Center for The Constitution and the Catholic Intellectual Tradition at the Catholic University, for his take. It's part of our series, On Democracy.
Published on: April 03, 2025 | Source:Trump's tariffs spur stock meltdown
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Wall Street suffers worst day of losses since 2020 The stock market cratered Thursday as fears of global economic slowdown driven by President Trumpโs new tariffs spurred Wall Streetโs worst day of losses since the outbreak...
Published on: April 03, 2025 | Source:WATCH: Trump says market plunge ‘expected’ a day after announcing broad tariffs
President Donald Trump offered a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, โI think it's going very well."
Published on: April 03, 2025 | Source:CDC cuts environmental health employees
{beacon} Energy & Environment Energy & Environment The Big Story Staff who worked on lead, asthma let go from CDC Staff members who fought childhood lead exposure and those who worked on cancer clusters were among those fired from the Department of Health and Human Services (HHS), a now-former employee told The Hill. ...
Published on: April 03, 2025 | Source:Dr. Oz takes the helm of CMS
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Oz takes helm of Centers for Medicare & Medicaid Services Television personality Dr. Mehmet Oz was confirmed by the Senate to lead the Centers for Medicare and Medicaid Services in a party-line 53-45 vote Thursday. Greg Nash,...
Published on: April 03, 2025 | Source:Former Trump economic adviser calls tariffs a โsledgehammerโ
President Trumpโs former economic adviser Stephen Moore likened the administrationโs newly announced tariffs to a โsledgehammer.โ Moore joined CNN on Thursday, just a day after Trump announced a 10 percent general tariff on all imports to the U.S. and targeted tariffs on dozens of other countries around the world. โIโm not a big fan of...
Published on: April 03, 2025 | Source:Stocks plummet as Trump leans in on tariffs
Presented by National Council on Aging {beacon} Trump leans in on tariffs as stocks plummet President Trump's new tariffs on dozens of countries exporting goods to the U.S. sent markets into a massive meltdown Thursday, prompting fears of a global recession. The Dow Jones Industrial Average closed with a loss of more than 1,680...
Published on: April 03, 2025 | Source:Federal judge plans to temporarily block billions in health funding cuts to states
A federal judge said Thursday that she will temporarily block President Donald Trumpโs administration fromcutting billions in federal dollars that support COVID-19 initiatives and public health projectsthroughout the country.
Published on: April 03, 2025 | Source:How the White House calculated Trump’s sweeping new tariffs
President Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what others assess as trade penalties on American goods. What heโs actually imposing is based on far more complicated math.
Published on: April 03, 2025 | Source:Pentagon watchdog to review Hegseth’s sharing of Houthi strike plans in Signal chat
The Pentagonโs acting inspector general announced Thursday that he would review Defense Secretary Pete Hegsethโsuse of the Signal messaging appto convey plans for a military strike against Houthi militants in Yemen.
Published on: April 03, 2025 | Source: