Thursday, April 3, 2025

Dow drops 1,400 points, S&P 500 loses 4% as stock market rout on Trump’s tariffs worsens: Live updates

Brian Evans, John Melloy, Pia Singh

Stocks nosedived Thursday, sending the S&P 500 back into correction territory, after President Donald Trump unveiled sweeping tariffs of at least 10% for some countries. The news intensified a recent sell-off and raised the risk of a global trade war that hits the already sputtering U.S. economy.

Carney says Canada will match Trump’s 25% auto tariffs

By Yiannis Damellos 

The Greek Courier

Canada is responding to U.S. President Donald Trump's tariffs by imposing matching counter-tariffs on vehicles, Prime Minister Mark Carney announced on Thursday.

Liberals increase lead to 9 points over Conservatives while NDP stays in single digits in latest Nanos tracking

Updated: April 03, 2025 at 7:13AM EDT
Published: March 30, 2025 at 8:57AM EDT
(Nanos Research)

The federal Liberals have increased their lead to nine points over the Conservatives on Day 12 of the federal election campaign.

Mark Carney and the Premiers respond to Trump's tariffs as Liberals lead by 6 points in new CBC poll








Yiannis Damellos

After much anticipation about the implications of Trump's "Liberation Day" for Canada, it appears that little has changed. This lack of change has not brought relief to Canada, as much of the American tariff scheme on the country remains intact, including a blanket 25% tariff on most goods, except those covered under the North American Free Trade Agreement. Energy and potash face a lower 10% tariff, while a 25% levy on Canadian steel and aluminum remains in place. Prime Minister Mark Carney is expected to deliver his response to the duties after meeting virtually with provincial and territorial leaders. A new CBC poll shows that the Liberals are leading the Conservatives by roughly six points nationwide and would be heavily favored to win a majority government if an election were held today. 

Wednesday, April 2, 2025

Amid annexation fears and the call for Canadian unity, Alberta's Premier aims to discuss provincial autonomy with Quebec

Yiannis Damellos
Sources: CBC, The Conversation

At a challenging juncture in our nation's history, amid fears of annexation by the Trump administration and calls for Canadian unity, Alberta Premier Danielle Smith is determined to work with her Quebec counterpart to uphold provincial sovereignty. She couldn't have chosen a more unsuitable moment. In a letter to Quebec Premier François Legault dated March 21, Smith highlighted the common interests shared by Alberta and Quebec in countering federal government interference in matters falling within exclusive provincial jurisdiction. 

Simultaneously, she is under intense scrutiny for traveling to Florida to advocate Alberta's position to a conservative American audience. Critics now question the rationale behind her rhetoric, as they argue that her response to Trump's anti-Canada actions does not resonate with Canadians who are democratically opposing through consumer boycotts of American goods. What is the reason behind her subservience?

U.S. stocks drop after hours as Trump imposes sweeping tariffs, S&P 500 ETF falls 2%: Live updates



CNBC - U.S. stocks fell in after hours trading as 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 U.S. economy. 

Trump says he will impose 10% tariff on all imports, with higher rates for some



Summary
  • Trump announces 10% baseline tariff
  • Higher reciprocal tariffs on many US trading partners
  • Other details not immediately known
By Andrea Shalal and David Lawder
WASHINGTON, April 2 (Reuters) - President Donald Trump said on Wednesday that he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partners, in a move that ratchets up a trade war that he kicked off on his return to the White House.

Tuesday, April 1, 2025

Liberals hold Wisconsin Supreme Court after campaign shaped heavily by Musk


The state court, on which liberals hold a 4-3 majority, could determine the future of abortion in the state.

Grace Panetta Political reporter

April 1, 2025, 6:44 p.m. PT

Liberal Susan Crawford has won the race for a seat on the Wisconsin Supreme Court, an election in which the richest person in the world featured prominently and one that could determine the future of abortion in the state.

Giant, mysterious organisms discovered are impossible to categorize

BySanjana Gajbhiye

Earth.com staff writer

For over 165 years, scientists have puzzled over a strange fossil called Prototaxites. Even its appearance was unusual. It stood up to 8 meters tall and resembled a towering tree with no leaves.

Amazing!!! Cory Booker breaks Senate record for longest known speech, bashing Trump, and beating Strom Thurmond




WASHINGTON – Senator Cory Booker delivered the longest-recorded floor speech in Senate history on Tuesday, surpassing the record set by segregationist Senator Strom Thurmond in 1957. Booker commenced his speech at 7 p.m. on Monday evening to voice his opposition to President Donald Trump's policies.

Top U.S. & World Headlines — April 1, 2025

Cory Booker Has Been Bashing Trump On Senate Floor For 20 Straight Hours … and counting

The Rolling Stone Magazine

By RYAN BORT

Sen. Cory Booker (D-N.J.) said as he began speaking on the Senate floor Monday night that he intended to disrupt “the normal business of the United States Senate for as long as I am physically able,” citing his belief that “our nation is in crisis.”

He wasn’t kidding.

A new era dawns as South Korea, China, and Japan unite to bolster regional trade in the face of looming Trump tariffs

On Sunday, South Korea, China, and Japan convened their first economic dialogue in five years to enhance regional trade amid concerns over U.S. President Donald Trump's tariffs. 

Another round of mass layoffs begins at the Department of Health and Human Services; 10,000 people lose their jobs


The cuts are expected to have far-reaching impacts on public health

By Cheyenne Haslett and Will McDuffie

April 1, 2025, 

Employees at the Department of Health and Human Services began to receive notices of mass layoffs on Tuesday, days after HHS Secretary Robert F. Kennedy Jr. announced that 10,000 people would lose their jobs, including employees working on tobacco use, mental health, and workplace safety.

US prosecutors to seek death penalty for Luigi Mangione


Coral Murphy Marcos

Federal prosecutors are seeking the death penalty against the man accused of fatally shooting the UnitedHealthcare CEO, Brian Thompson, outside a Manhattan hotel on 4 December, the US attorney general, Pam Bondi, said on Tuesday.

EXCLUSIVE: Conservative candidate booted after CTV News uncovers audio of him joking Trudeau should receive death penalty

By Stephanie Ha and Vassy Kapelos

Published: April 01, 2025 at 8:33AM EDT

A Conservative candidate who once voiced his support for “public hangings” – even joking that former prime minister Justin Trudeau should receive the death penalty – will no longer be running to represent the party after CTV News first obtained audio of his comments.

GOP senators line up with Democrats to oppose Trump’s Canada tariffs


A loss on the Senate floor Tuesday would represent the most significant Republican rebuke of Trump’s second term.

By Lisa Kashinsky, Jordain Carney, and Meredith Lee Hill

Republicans could be poised to deal a symbolic blow to President Donald Trump’s trade policy, with several GOP senators indicating they planned to join Democrats in a Tuesday vote to block blanket tariffs on Canada.

Monday, March 31, 2025

Trump forces Canada to rethink trade and energy flows


Tariff threats prompt provinces to tout “east-west” corridors, rather than “south” to the U.S.

By Mike Blanchfield

The return of Donald Trump has forced a reckoning in Canada with the potential to reshape the Canadian economy including the direction its energy flows. “We will need to do things previously thought impossible, at speeds we haven’t seen in generations,” Prime Minister Mark Carney said last week, as he declared Canada’s traditional economic relationship with the United States “over.”