Trump Report #5: 04/08/2025
The Jack Hopkins Now Newsletter: Trump Report
Here we are for the latest Trump Report.
Trade and Tariffs:
New Tariffs Announced: On April 2, President Trump declared a 10% baseline tariff on all imports, effective April 5, aiming to address trade imbalances. New York Post+3Wikipedia+3Wikipedia+3
Escalation with China: Following China's implementation of a 34% retaliatory tariff, Trump threatened an additional 50% tariff unless China withdrew its measures by April 8. Investor's Business Daily+2New York Post+2Aktuelle Nachrichten | BILD.de+2
Market Impact: These trade tensions contributed to significant stock market volatility, with major indices experiencing sharp declines. Al Jazeera+9Wikipedia+9Investor's Business Daily+9
International Reactions: The European Union and other nations criticized the new tariffs, with the EU considering countermeasures. The Guardian+2Wikipedia+2DIE WELT+2
Domestic Policies:
Coal Industry Support: On April 8, President Trump signed an executive order aimed at revitalizing the U.S. coal industry. Al Jazeera+2YouTube+2Reuters+2
Deportation Policy: The administration resumed deportations under the Alien Enemies Act, affecting Venezuelan migrants. AP News+1People.com+1
TikTok Ban Delay: Trump extended the deadline for enforcing a U.S. ban on TikTok by 75 days, citing progress in negotiations with China. People.com
International Relations:
Engagement with South Korea: Trump praised a recent call with South Korea's acting President Han Duck-Soo, highlighting ongoing trade discussions. New York Post
Middle East Actions: The administration conducted a military airstrike against Houthi rebels in Yemen, as confirmed by Trump. Wikipedia
Public Sentiment and Protests:
'Hands Off!' Protests: On April 5, nationwide demonstrations occurred, with participants expressing opposition to Trump's policies, including trade tariffs and cuts to federal programs. Latest news & breaking headlines+2Wikipedia+2Wikipedia+2
Editorial Perspectives:
Critical Editorials: Major publications, such as The Washington Post and The Wall Street Journal, published editorials expressing concerns over Trump's tariffs and their potential economic impact. AP News
This concludes Trump Report #5 for April 8th, 2025.
Best,
Jack
Thank you, Jack, for taking the time to research these issues and to document them. Things are moving rapidly, and I appreciate the attention that you’re giving to all the details, and mostly for keeping us apprised of the truth.
Grazie mille for the update. He is causing so much crap that it is hard to keep up.