“The Trump administration’s rapid slashing of the government workforce creates fertile ground for foreign adversaries to recruit disgruntled staffers who know some of the nation’s most closely guarded secrets, according to former intelligence officials and national security insiders.
Hundreds of intelligence and national security officials who had access to reams of classified information are among the tens of thousands of federal workers who lost their jobs since President Donald Trump returned to the White House.”
“The markets understand the basic truth about tariffs, which are taxes consumers in our country pay for imported goods. They raise prices, reduce our access to foreign goods and spark reciprocal tariffs that then punish our country’s farmers and manufacturers. They lead to less growth and more unemployment. They increase bureaucracy by requiring officials to calculate duties and enforce them. They create hostilities and have led to actual war.
As economist Robert Higgs explains, “Fiscally, protectionism is a poor source of government revenue that dries up completely as tariffs are increased so much that they reduce trade flows to zero. Morally, protectionism is vicious because it coercively substitutes the ill-informed and ill-directed judgment of government officials for the judgment of people making deals with their own private property.””
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“Trump threatened them to gain ill-defined concessions from our friendly, highly developed and peaceful allies to the north. Then, after it was clear Canada had already conceded to whatever it was our president demanded, he suspended them. His supporters claimed tariff critics didn’t understand that this was just a brilliant negotiating tool. But then this month the president imposed them anyway. True to form, MAGA shifted back to arguing that tariffs are great policy in and of themselves.”
“What Lutnick is talking about is central planning, plain and simple. It’s also just silly. How much of America’s aluminum supply should come from Canada if not 60 percent? Is 50 percent the right amount? Is it 17.54 percent? Lutnick doesn’t know—because no one does—because that’s a question without an answer.
Clearly, however, the Trump administration wants the figure to be lower. New 25 percent tariffs on aluminum imports might accomplish that, but at significant cost to American consumers and businesses, whose only offense is buying aluminum from sources located within a country that is a close American ally and the signatory of a trade deal that the current president negotiated just five years ago.”
“The country’s air force has recommended buying the jets, but the outgoing defense minister said “the predictability of our allies” must be taken into account when making procurement decisions.”
“Putin, meanwhile, has had the measure of his Washington opponents — and on Thursday, he demonstrated he understands Trump’s psychology. Praise the man while deflecting him; pat him on the head — something Ukraine’s passionate President Volodymyr Zelenskyy almost fatally forgot to do in his Oval Office meeting last month, prompting a hasty ejection from the White House.
There was no firm Russian nyet to stoke the U.S. leader’s anger, rather a teacher’s applause for Trump’s idea and effort.
The temporary truce was “correct” and “we support it,” the Russian leader said, but, alas, there were many sticking points. Ukrainian units had nearly been encircled in a salient in Russia’s Kursk region and could be forced to “surrender or die,” he explained. Why should they just be let go? “If we stop hostilities for 30 days, what does that mean? That everyone who is there will go out without a fight?”
During the pause in hostilities, will Ukraine be able to mobilize fresh troops and receive weapons from the West? “How will supervision be organized? These are all serious questions.” He then added: “I think we need to talk to our American colleagues … Maybe have a phone call with President Trump and discuss this with him.”
It was all drawn from the playbook that he and his lugubrious Foreign Minister Sergey Lavrov have used time and again: Obfuscate, delay, muddle, throw in some whataboutism, be sorrowfully unctuous, but make sure to dangle a carrot.”
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““Trump is much more concerned about this deal than about Ukraine,” Bondarev said. “That gives Putin leverage.””
“instead of trying to decouple unilaterally from China, let’s do it in an organized manner together. Let’s sit together at the negotiation table, because if 300 million Americans impose tariffs, that’s one thing. But if 300 million Americans plus 500 million Europeans and some of the largest economies in the world and other democracies from Japan to Australia are warm-heartedly invited to join, then I think we will have a much better outcome that is very much to the benefit of every non-authoritarian economy, but most importantly, for the U.S.
I would strongly suggest that “America First” will only work if it’s not America alone. And there are some issues where America will need partners in order to have the ultimate leverage, and I think that leverage would be increased by joining forces.”
“After more than three years of war, Ukraine has agreed to a U.S. proposal for an immediate ceasefire. The 30-day truce will come into effect if Russia signs up to the same terms, according to a joint statement from the Ukrainian and American governments.”
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“Trump’s team say they will now take the plan for a 30-day ceasefire to Moscow. “The ball is now in their court,” said Rubio. Russia has been delighted by Trump’s attitude so far, and the ceasefire does not impose any pre-conditions on the Kremlin, as far as is known, other than a pause in the fighting.
Under the outline ceasefire plan, the pause in the fighting would allow humanitarian steps, including the exchange of prisoners of war, the release of detained civilians “and the return of forcibly transferred Ukrainian children,” the joint statement said.”
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“After taking the radical step of cutting off the supply of military kit and intelligence to Kyiv, the U.S. has now agreed to resume sharing its secret information. It will also restart “security assistance.””
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“The terms of the proposal are for a temporary truce that can be extended if both sides agree. Once fighting is paused, negotiations will begin immediately on the terms of a permanent peace. Both the U.S. and Ukraine have promised to name their negotiating teams as soon as possible.”
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“Ahead of the talks, Rubio warned Kyiv that it would need to make concessions, including on territory. But during the eight hours of discussions in Jeddah on Tuesday, the topic of ceding territory did not even come up, according to a Ukrainian official. The point is certain to be brought up, however, if substantive negotiations begin on a permanent settlement.”
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“The U.S. president has made clear that he is not inclined to guarantee “very much” by way of Ukraine’s future security, seeing this as a job for Europe, not America. Nothing in Tuesday’s joint statement suggests that has changed.”
“The European Union hit back hard as U.S. President Donald Trump imposed 25 percent global steel and aluminum tariffs on Wednesday, announcing a two-stage retaliation covering €26 billion in EU exports that far exceeded a trade fight that blew up in his first term.
The European Commission said it would, from April 1, reimpose tariffs in response to €8 billion in U.S. tariffs — including on iconic American products such as Harley-Davidson motorcycles, bourbon and jeans. And, from mid-April, it will set further countermeasures over €18 billion in new U.S. tariffs, subject to the approval of EU member states.
“We deeply regret this measure,” European Commission President Ursula von der Leyen said in an early-morning statement.”
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“The 27-nation bloc — a common market spanning 450 million people — wants to send an unmistakable message that the EU is serious about defending its economic interests should Trump launch a full-scale trade war.”
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“The Commission left the door open to a deal with Trump, saying it “remains ready to work with the U.S. administration to find a negotiated solution” and adding that its measures “can be reversed at any time should such a solution be found.””
An immediate impact of tariffs is increased prices. Paying more means less money for other purchases and investments. Less purchases and investments means a smaller economy than there otherwise would be. A smaller economy means less wealth and jobs for most people.