Trump tariffs reside updates: US and Asia inventory market plummets amid recession fears | EUROtoday
President Donald Trump is pushing forward along with his tariffs on U.S. allies and adversaries alike because the inventory market plummets amid rising fears {that a} recession could also be on the horizon.
The S&P 500 is ready to have its worst day of the yr, reducing by greater than three p.c by Monday afternoon. This comes simply someday after Trump refused to rule out the likelihood that his commerce conflict might result in a recession later this yr.
“I hate to predict things like that,” the president instructed Maria Bartiromo on Fox News’s Sunday Morning Futures when pressed in regards to the risk. “There is a period of transition.”
Meanwhile, Ontario has put in place retaliatory tariffs on power that it sends to New York, Minnesota, and Michigan. Trump’s commerce conflict with China additionally heated up because the Chinese began enacting retaliatory tariffs on U.S. farm merchandise.
This comes as Secretary of State Marco Rubio mentioned that Ukraine must hand over among the territory occupied by Russia in an settlement to finish the conflict, which started with Russia’s invasion of their neighboring nation in February 2022.
Homeland Security overhauls asylum cellphone app — now it is for ‘self-deportation’
The Trump administration has unveiled an overhauled cellphone app as soon as used to let migrants apply for asylum, turning it right into a system that enables folks dwelling illegally within the U.S. to say they need to depart the nation voluntarily.
The renamed app, introduced Monday and now referred to as CBP Home, is a part of the administration’s marketing campaign to encourage “self-deportations, ” touted as an easy and cost-effective way to nudge along President Donald Trump’s push to deport millions of immigrants without legal status.
“The app provides illegal aliens in the United States with a straightforward way to declare their intent to voluntarily depart, offering them the chance to leave before facing harsher consequences,” Pete Flores, the appearing commissioner for U.S Customs and Border Protection, mentioned in a press release.
Lauren Boebert slammed over ‘pimp cane’ insult directed at censured Democrat Al Green
In an interview with right-wing outlet Real America’s Voice, the Colorado congresswoman accused Green, who is Black, of shaking “his pimp cane” at the president, after he stood to give a vocal protest.
The Texas rep, 77, was escorted from the chamber by the Sergeant at Arms after repeatedly shouting “you have no mandate” at Trump. Green later instructed reporters: “It’s worth it to let people know that there are some people who are going to stand up” to Trump.
Mike Bedigan11 March 2025 04:00
NASA lays off top scientist and deputies as it implements DOGE’s job cuts that will see hundreds leave space agency
In an email sent out on Monday and shared on social media, Acting Administrator Janet Petro said the agency’s reductions were phased and occur in advance of a reorganization plan.
“We will close NASA’s Office of Technology, Policy, and Strategy, the Office of the Chief Scientist, and the Diversity, Equity, Inclusion, and Accessibility branch in the Office of Diversity and Equal Opportunity, along with reducing their workforce,” mentioned Petro.
Julia Musto11 March 2025 03:00
Greenland faces key election after Trump’s makes an attempt to realize management
The Inatsisartut parliament consists of 31 MPs to be chosen from six political events – two of that are within the governing coalition, Inuit Ataqatigiit and the Simiut events.
The chief of the social gathering that wins essentially the most seats in parliament within the March 11 vote turns into prime minister – presently Mute Egede of the left-wing Inuit Ataqatigiit social gathering.
Steffie Banatvala11 March 2025 02:15
EPA froze ‘inexperienced financial institution’ funds price billions, local weather group go well with says
A nonprofit that was awarded almost $7 billion by the Biden administration to finance clear power and climate-friendly tasks has sued President Donald Trump’s Environmental Protection Agency, accusing it of improperly freezing a legally awarded grant.
Climate United Fund, a coalition of three nonprofit teams, demanded entry to a Citibank account it acquired by the Greenhouse Gas Reduction Fund, a program created in 2022 by the bipartisan Inflation Reduction Act and extra generally referred to as the inexperienced financial institution. The freeze threatens its skill to concern loans and even pay workers, he group mentioned.
“The combined actions of Citibank and EPA effectively nullify a congressionally mandated and funded program,” Climate United wrote in a Monday court filing.
Michael Phillis, Matthew Daly11 March 2025 01:30
Leader of student protests at Columbia facing deportation after arrest by immigration officials
A prominent Palestinian activist who helped lead protests at Columbia University is facing deportation following his arrest by federal immigration agents over the weekend.
Mahmoud Khalil, who graduated from the university in December, was arrested Saturday by Immigration and Customs Enforcement agents. The Department of Homeland Security confirmed the arrest, saying it was a result of President Donald Trump’s executive orders prohibiting antisemitism. He has not been formally charged with a crime.
Khalil’s lawyer, Amy Greer, said the agents who took him into custody at his university-owned home near Columbia initially claimed to be acting on a State Department order to revoke his student visa. But when Greer informed them that Khalil was a permanent resident with a green card, they said they would revoke that documentation instead.
Jake Offenhartz, Cedar Attanasio, Philip Marcelo11 March 2025 00:45
Do US F-35 jets have a ‘kill switch’? European countries forced to deny claims Trump could cripple air force
Though there is no evidence to suggest such a ‘switch’ exists, Joachim Schranzhofer, head of communications at the German arms company Hensoldt, told Bild last week that it is “more than just a rumour”. He didn’t broaden on what he meant by this, although he added that it will be a lot simpler for the US to floor plane by blocking entry to key software program, which stays beneath American management.
Tom Watling11 March 2025 00:00
DHS launches new app where migrants can say they have deported themselves – so one day they can return
Under the Biden administration, migrants could make appointments on the CBP One app at a port of entry to seek asylum. DHS revoked that scheduler after President Donald Trump took office and the administration began its sweeping immigration crackdown, intending to remove anyone living in the U.S. without legal permission.
The department had previously announced its plan to roll out the app that has a “submit intent to depart” feature for migrants.
Rhian Lubin10 March 2025 23:15
Starmer tells Trump he hopes US-Ukraine talks allow support for Kyiv to resume
Sir Keir Starmer has told Donald Trump he wants US-Ukraine talks to have a “positive outcome” that will result in the resumption of military aid and intelligence-sharing.
The US President paused the supply of weapons and crucial intelligence for Kyiv’s war effort following his public spat with Ukraine’s Volodymyr Zelensky.
The Prime Minister, who spoke to Mr Trump on Monday, said he hoped peace talks in Saudi Arabia would allow the US President to restore support to Ukraine in its war with Russia.
David Hughes10 March 2025 22:30
JFK, RFK and MLK: The conspiracies behind each assassination that continue to enthrall amateur sleuths
Mobsters, a mysterious man with an umbrella, Ted Cruz’s dad — and aliens.
President Donald Trump’s deadline for officials to submit a plan for the release of the files is this weekend, according to the executive order he issued 43 days ago.
“That’s a big one, huh?” Trump said as he signed the order in January. “A lot of people have been waiting for this for years, for decades.”
Rhian Lubin10 March 2025 21:45
https://www.independent.co.uk/news/world/americas/us-politics/trump-recession-musk-mark-carney-tariffs-latest-news-b2712080.html