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9:30 PM ET, April 3, 2025

memeorandum

 Top Items: 
The Economist:
President Trump's mindless tariffs will cause economic havoc  —  But the rest of the world can limit the damage  —  If you failed to spot America being “looted, pillaged, raped and plundered by nations near and far” or it being cruelly denied a “turn to prosper”, then congratulations …
RELATED:
Zack Beauchamp / Vox:
The real reason Trump is destroying the economy  —  The Trump administration's tariffs are, by every reasonable account, an economic catastrophe in the making.  So why are they happening?  —  One explanation is that this is simply democracy at work.  President Donald Trump campaigned …
Washington Post:
Trump contradicts aides, talking points on purpose of global tariffs  —  Investors and global leaders have been trying to understand the purpose of sprawling new import duties.  —  President Donald Trump on Thursday contradicted his top aides on the purpose of his sprawling new global tariff regime …
Discussion: Politico, The Hill and Raw Story
Josh Fiallo / The Daily Beast:
Trump Jets Off to Watch Golf as U.S. Economy Goes Up in Flames  —  TRUMPENOMICS  —  The stock market is in free fall, but the president is headed to Florida.  —  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.
Dominic Preston / The Verge:
Trump's new tariff math looks a lot like ChatGPT's  —  ChatGPT, Gemini, Grok, and Claude all recommend the same “nonsense” tariff calculation. … When President Donald Trump began yesterday's announcement of the White House's latest trade policy brandishing a novelty-sized cardboard sign labeled …
Paul Krugman:
Will Malignant Stupidity Kill the World Economy?  —  A quick thank you to my readers.  When I struck out on my own, I wasn't sure if anyone would follow.  But I just passed 300K subscribers.  I'll try to be worthy of your support.  —  America created the modern world trading system.
Zach Schonfeld / The Hill:
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 Wednesday's broader announcement.  —  It marks the first known legal challenge against Trump's tariffs, which have fulfilled a campaign promise and rattled financial markets.
David Dayen / American Prospect:
They're Not Tariffs, They're Sanctions  —  Stop trying to place coherence on a policy that's really just a mob boss breaking legs and asking for protection money.  —  President Donald Trump departs after signing an executive order on tariffs in the Rose Garden at the White House, April 2, 2025, in Washington.
Susan B. Glasser / New Yorker:   Donald Trump's Ego Melts the Global Economy
Ilya Somin / Reason:   Why Trump's “Liberation Day” Tariffs are Illegal
Josh Wingrove / Bloomberg:
Trump's ‘Reciprocal’ Tariff Formula Is All About Trade Deficits
Ben Leonard / Politico:
Top Republican leads bill to reassert Congress' tariff power amid Trump trade war  —  Sen. Chuck Grassley, a senior Republican lawmaker from the farm-heavy state of Iowa, is spearheading new legislation that would reassert Congress' authority over tariffs amid President Donald Trump's trade war escalation.
RELATED:
NBC News:
Republicans weigh using the power of Congress to rein in Trump on tariffs
NBC News:   California, Connecticut and Washington lose federal grant funding for local libraries and museums
NBC News:
Coalition of 19 states sues to block Trump's election order
Discussion: The Hill
Jordain Carney / Politico:
Senate GOP budget plan hits stumbling block
Discussion: Washington Examiner
New York Times:
Trump Fires 6 N.S.C. Officials After Oval Office Meeting With Laura Loomer  —  During the 30-minute meeting, the far-right activist excoriated National Security Council officials in front of the president and Michael Waltz, the national security adviser.  —  President Trump fired six National …
RELATED:
CNN:
White House fires three NSC staffers after president meets with far-right activist Laura Loomer  —  The White House has fired at least three National Security Council staffers, three sources familiar with the move told CNN.  —  The firings came after Laura Loomer, the far-right activist …
Axios:
Scoop: Multiple firings on Trump's National Security Council after Loomer visit  —  Several members of President Trump's embattled National Security Council have been fired, a U.S. official and a second source familiar told Axios on Thursday.  —  Why it matters: The firings come …
Lily Meier / Bloomberg:
‘Oh Sh-t’: RH Chief Is Shocked as Tariffs Drag Down Stock 44% … “Oh sh-t.”  That was RH Chief Executive Officer Gary Friedman's reaction to what was happening to the luxury furniture maker's stock price on Wednesday evening.  —  Donald Trump had just announced plans for an avalanche …
Discussion: HuffPost, CNBC, Fortune, Quartz and Fox Business
RELATED:
Stan Choe / Associated Press:
Dow drops 1,400 as US stocks lead worldwide sell-off after Trump's tariffs ignite a COVID-like shock  —  Financial markets around the world are reeling Thursday following President Donald Trump's latest and most severe set of tariffs, and the U.S. stock market is taking the worst of it so far.
Wall Street Journal:
Trump Tariffs Send Dow to 1600-Point Decline, Dollar Slumps
Cheyenne Haslett / Associated Press:
RFK Jr. announces HHS reinstating some programs, employees cut by mistake  —  He didn't indicate when the reinstatements would happen.  —  Health and Human Services Secretary Robert F. Kennedy Jr. arrives before President Donald Trump speaks during an event to announce new tariffs …
RELATED:
Alexander Tin / CBS News:   RFK Jr. cuts CDC labs investigating outbreaks of STDs and hepatitis
Sean Burch / The Wrap:
Eugene Robinson Leaves the Washington Post After Jeff Bezos' ‘Significant Shift’ to Opinion Section  —  “I wish nothing but the very best for the paper and for all of you.  I won't be a stranger,” the political columnist tells his colleagues after 45 years at WaPo
RELATED:
Corbin Bolies / The Daily Beast:
Pulitzer Winner Quits Washington Post and Slams Bezos
Discussion: Fox News
Jonathan V. Last / The Bulwark:
The American Age Is Over  —  1. Canada  —  Fittingly, it was the Canadian prime minister, Mark Carney, who declared the official time of death. … And just like that, the age of American empire, the great Pax Americana, ended.  —  Share  —  We cannot overstate what has just happened.
Discussion: Reuters
Robert King / Politico:
Senate confirms Dr. Oz to lead Medicare and Medicaid  —  He will oversee how physicians are paid through Medicare.  —  Dr. Mehmet Oz, the heart surgeon turned daytime television star, has a new job — overseeing the nation's largest health insurance programs.
RELATED:
Lauren Weber / Washington Post:
Oz confirmed to oversee health insurance for millions of Americans
Discussion: USA Today and Washington Examiner
Michael Wayland / CNBC:
Stellantis idles plants in Mexico and Canada due to tariffs … DETROIT — Stellantis is pausing production at two assembly plants in Canada and Mexico as the company attempts to navigate President Donald Trump's new round of 25% automotive tariffs that took effect Thursday.
RELATED:
New York Times:
Trump Administration Set to Pause $510 Million for Brown University  —  The administration has now targeted five schools' federal funding as part of a pledge to combat what it considers to be antisemitism on university campuses.  —  The Trump administration intends to block $510 million …
Jacob Rosen / CBS News:
Federal judge temporarily blocks $11 billion in Trump administration's cuts to public health funding  —  A federal judge on Thursday temporarily blocked the Trump administration's move to cut over $11 billion in public health funding to states after 23 states and the District of Columbia sued to keep the funding intact.
RELATED:
Zach Montague / New York Times:   Judge Blocks H.H.S. From Terminating $11 Billion in Public Health Grants
Wall Street Journal:
Trump Officials Could Be Held in Contempt for Deportation Flights, Judge Says  —  Judge says administration ‘acted in bad faith’ in removal of alleged Venezuelan gang members under wartime law  —  WASHINGTON—A federal judge said he was considering whether to hold Trump administration officials …
RELATED:
Politico:
Boasberg signals he may hold Trump officials in contempt over deportation flights
Matt Taibbi / Racket News:
A Response to a Member of Congress  —  Sydney Kamlager-Dove, Democrat of California, accused me of serial sex offenses in a public hearing, then said my lack of response was “telling.”  It's listed below  —  1,746  —  Sydney Kamlager-Dove, a Democrat representing California's 37th district …
The Straits Times:
Radio Free Europe says US switches off satellite transmitting Russia broadcast  —  PRAGUE - The head of Radio Free Europe/Radio Liberty said on April 3 that the US government had switched off a satellite that transmitted its Russian-language programme into Russia.
 
 
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 More Items: 
Meredith Lee Hill / Politico:
Trump administration ramps up farm aid discussions amid tariff fallout
Steve Beynon / Military.com:
Army Planners Are Weighing Force Reductions of Up to 90,000 Active-Duty Soldiers
Taylor Lorenz / User Mag:
YouTube removes ‘gender identity’ from hate speech policy
Adam Satariano / New York Times:
E.U. Prepares Major Penalties Against Elon Musk's X
more at Mediagazer »
David French / New York Times:
The Donald Trump Leap of Faith
 Earlier Items: 
David A. Super / The Hill:
The hidden patterns in Trump's executive orders
Collin Binkley / Associated Press:
K-12 schools must sign certification against DEI to receive federal money, administration says
Tara Copp / Associated Press:
Pentagon watchdog to review Hegseth's use of Signal app to convey plans for Houthi strike
Janna Brancolini / The Daily Beast:
Newsmax Shares Plunge 80 Percent After Briefly Being Valued Higher Than Fox
Associated Press:
US bans government personnel in China from romantic or sexual relations with Chinese citizens
Robin Wigglesworth / Financial Times:
‘Beware a dollar confidence crisis’ — DB
Discussion: Reuters and Semafor
 

 
From Techmeme:

Daniel Thomas / Financial Times:
Netflix agrees to acquire WBD's studios and streaming business in an $82.7B cash-and-stock deal, including debt, to close after WBD splits in two in Q3 2026

Liv McMahon / BBC:
Vice President JD Vance, US Secretary of State Marco Rubio, and FCC Chairman Brendan Carr denounce the EU's €120M X fine

New York Times:
The New York Times sues Perplexity, claiming the AI startup violated its copyrights and kept using its content despite repeated demands over the past 18 months
 
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