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11:45 AM ET, April 9, 2025

memeorandum

 Top Items: 
Jamelle Bouie / New York Times:
Trump's Lust for Power Cannot Be Satiated  —  It is a fool's errand to try to rationalize President Trump's obsession with tariffs.  —  This is not to say that people haven't tried.  There are any number of theories that seek to explain Trump's preoccupation with tariffs and trade wars.
Discussion: PBS NewsHour
RELATED:
David E. Sanger / New York Times:
Trump's Tariffs Disrupt Global Trade Without a Clear Strategy  —  The global trading system is only one example of the administration tearing something apart, only to reveal that it has no plan for how to replace it.  —  As the breadth of the Trump revolution has spread across Washington in recent weeks …
Jesse Pound / CNBC:
China slaps 84% retaliatory tariffs on U.S. goods in response to Trump  —  China has pushed back again on U.S. President Donald Trump's tariff policies by hiking its levies on U.S. imports to more than 80%.  —  Tariffs on U.S. goods entering China will rise to 84% from 34% starting April 10 …
Reuters:
Has Trump cancelled Christmas?  China's decorations makers report no US orders  —  Chinese producers of plastic Christmas trees and other festive decorations say orders from U.S. clients, which are crucial for their business, should have started to come in by now.  But because of surging import tariffs, they haven't.
Discussion: American Thinker
New York Times:
Live Updates: Markets Slide Further as U.S. Imposes Punishing Tariffs
Rachel Wolf / Fox Business:
Trump reciprocal tariffs, additional China levies take effect
Heather Cox Richardson / Letters from an American:   April 8, 2025  —  Stocks were up early today as traders put their hopes in Treasury Secretary …
Nick Timiraos / Wall Street Journal:   Trump's Tariffs Put Fed Chair Powell in a ‘No-Win Situation’
Spencer Soper / Bloomberg:
Amazon Cancels Some Inventory Orders From China After Tariffs
more at Techmeme »
Anders Hagstrom / Fox Business:
Stocks turn higher as trade war escalates: Live Updates
Discussion: RedState
CNN:
China announces 84% retaliatory tariffs on US goods in showdown with Trump
New York Times:
How Musk and Trump Are Working to Consolidate Government Data About You  —  Databases that Elon Musk's team is trying to access include more than 300 personal details about members of the U.S. public.  —  The federal government knows your mother's maiden name and your bank account number.
RELATED:
Washington Post:
IRS chief to quit over deal to share data with immigration authorities  —  Melanie Krause clashed with Treasury Department officials who sought to circumvent IRS executives so immigration authorities could access taxpayers' information.  —  The acting head of the Internal Revenue Service plans …
William Kristol / The Bulwark:
A Clown in a China Shop  —  A weird split-screen underway this morning: With Liberation Day tariffs slamming in place pretty much everywhere overnight, the wheels are well and truly coming off the economic bus.  J.P. Morgan CEO Jamie Dimon said this morning on Fox News that a recession has become “a likely outcome.”
Jack Blanchard / Politico:
A minute past midnight
Discussion: New Jersey Online
Felix Salmon / Axios:
The bond market plunges as crisis brews  —  The price of U.S. Treasury bonds is plunging, in what Treasury Secretary Scott Bessent on Wednesday called “deleveraging convulsions.”  The effect is to raise borrowing costs just as recession fears spike.  —  Why it matters: The last thing America needed …
RELATED:
Financial Times:
US Treasuries drop for second straight day after weak demand at $58bn auction
Discussion: ING Think and Semafor
NOTUS:
Trump's Tariffs Are Costing Republican Donors.  Will They Cost GOP Campaigns Next?  —  Some major Republican donors are outraged about the president's tariff strategy, which makes midterm fundraising more complicated for the party.  — Copy  —  In the hours before the U.S.'s global …
RELATED:
Jennifer Rubin / The Contrarian:   It's Republicans' Fault
Zack Beauchamp / Vox:
Some elite Trump supporters are having regrets.  We asked them why.  —  President Donald Trump's tariffs haven't only demolished trillions in wealth and raised the chance of a global recession.  They've also led some prominent Trump supporters to wonder whether they made a huge mistake.
New York Times:
How Trump Is Putting Law Firms in a No-Win Situation  —  As Willkie Farr & Gallagher learned, cutting a deal with the White House can avert a financially punitive executive order.  But doing so can draw internal rebukes and external criticism.  —  Willkie Farr & Gallagher last week became …
Discussion: Raw Story and The Hill
Bloomberg:
About 90% of Migrants Deported to El Salvador Had No US Criminal Record  — Men were accused of ties to Tren de Aragua criminal gang  — US court records show just a few charges for serious crimes  —  Trump administration officials have described the men deported to El Salvador prisons last month as …
Wall Street Journal:
Dollar Confidence Crisis Is Here, Deutsche Bank Warns  —  The broad selloff in U.S. stocks and bonds, and the continuing decline in the dollar, represents a “simultaneous collapse in the price of all U.S. assets,” analysts at Deutsche Bank said Wednesday.  They warned that “unchartered territory” lies ahead.
Discussion: Bloomberg and Reuters
New York Times:
Trump Administration Freezes $1 Billion for Cornell and $790 Million for Northwestern, Officials Say  —  The funding pause amid civil rights investigations into both universities sharply escalates the Trump administration's campaign against elite colleges.  —  The Trump administration …
David Bauder / Associated Press:
AP wins reinstatement to White House events after judge rules government can't bar its journalists  —  A federal judge ordered the White House on Tuesday to restore The Associated Press' full access to cover presidential events, affirming on First Amendment grounds that the government cannot punish …
Fatima Hussein / Associated Press:
IRS Acting Commissioner Is Resigning After Deal To Share Immigrants' Tax Information With ICE  —  The Internal Revenue Service's acting commissioner is resigning over a deal to share immigrants' tax data with Immigration and Customs Enforcement.  —  The acting comissioner of the Internal Revenue Service …
RELATED:
Reuters:
US IRS chief to quit over deal to share data with immigration officials, report says
Discussion: IJR and The Hill
New York Times:
'Where's Alex?'  A Beloved Caregiver Is Swept Up in Trump's Green Card Crackdown … Alfredo Orellana, 31, was not just a caregiver for Luke Ferris, a 28-year-old with severe autism.  The pair worked out at the gym, got tacos and played video games together.  They exchanged elbow bumps.
Amanda Marcotte / Salon:
Fox News, desperate to defend Trump's tariffs, exploits MAGA's masculinity delusions  —  Right-wing social media has decided soaring inflation will somehow grant them all tradwives  —  With the stock market plunging and the threat of hyper-inflation bearing down, the propagandists at Fox News are in quite a pickle.
Wall Street Journal:
Parents About to Tap 529 College Accounts Can't Wait Out Market Turmoil  —  Ups and downs of stocks matter when it comes time to pull money out  —  Financial professionals say leave your money alone in a roller-coaster market.  Parents with college-age children don't necessarily have that option.
President Donald J. Trump / The White House:
Protecting American Energy From State Overreach  —  By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered:  —  Section 1.  Purpose.  My Administration is committed to unleashing American energy …
Wall Street Journal:
Why Musk vs. Navarro Matters  —  The fight reflects the competing factions in Trump's coalition.  —  Elon Musk opined on the internet Tuesday that White House trade adviser Peter Navarro is “truly a moron” and “dumber than a sack of bricks.”  Mr. Navarro had told a TV show that Mr. Musk …
KWTX-TV:
High school students post photo on social media standing in front of a Nazi flag  —  AURORA, Neb. (KSNB/Gray News) - A pair of students in Nebraska are facing consequences after they were seen on social media posing in their high school's locker room holding a flag symbolizing hate.
Sara Boboltz / HuffPost:
White House Confirms Trump Is Exploring Ways To ‘Deport’ U.S. Citizens  —  The administration could try removing American citizens if it identifies a pathway it can claim to be legal.  —  Video  —  White House press secretary Karoline Leavitt said Tuesday that President Donald Trump …
Shira Stein / San Francisco Chronicle:
DOGE head denies responsibility for mass firings in private group chat message  —  WASHINGTON — Amy Gleason, acting administrator of the Department of Government Efficiency, denied responsibility for widespread government layoffs in a message to industry colleagues obtained by the Chronicle.
Discussion: Raw Story
 
 
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 More Items: 
NBC News:
Pete Hegseth senior adviser pushing for Pentagon to cut ties with Scouting America
Lisa Needham / Public Notice:
Trump tries to restore a grim era for American workers
Discussion: The Nation and Futurism
Nate Weisberg / Washington Monthly:
Who is Batya Ungar-Sargon?  —  It's March, and Batya Ungar-Sargon is appearing on HBO's Real …
Discussion: The Independent
Nicole Narea / Vox:
The real losers from Trump's stock crash, explained in 2 charts
Washington Post:
Kari Lake to be detailed to State Department to dismantle VOA parent agency
 Earlier Items: 
John Heilemann / Puck:
The Committee to Crash the World
Discussion: CNN and New York Times
Erin Reed / Erin In The Morning:
17 Montana Republicans Cross Party Lines, Defeat Anti-Trans Bill After Nonbinary Rep's Speech
J. David Goodman / New York Times:
Ken Paxton Says He Will Challenge Senator John Cornyn in 2026
Center for Constitutional Rights:
Video of arrest, new details in Trump administration's case targeting Georgetown postdoctoral fellow Dr. Khan Suri for speech on Palestinian rights
 

 
From Mediagazer:

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

The Guardian:
Ireland, Spain, Slovenia, and the Netherlands exit Eurovision after Israel received an all-clear to compete; the BBC and Germany's SWR plan to participate

Mark Stenberg / Adweek:
Bloomberg Media COO Julia Beizer is leaving the company, a source says to lead Microsoft's AI news product, working under Microsoft AI CEO Mustafa Suleyman
 
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