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A Fireball Near Mexico City Lit Up the Sky and the Internet
by Aurelia Butler 18 April 2025, 22:52
The glowing object was a bolide, fireballs that explode in a bright flash, according to experts. It streaked across Mexico’s predawn skies on Wednesday.The bright object that streaked across the sky is called a bolide.Webcams de Mexico, Associated PressFor a few brief moments on Wednesday, a bright fireball lit up the predawn skies near Mexico City. The display awed residents and online viewers alike as videos of the object quickly spread.The glowing object was a bolide, according to The Associated Press. Bolides are fireballs that explode in a bright flash, often with visible fragmentation, according to the American Meteor Society.Whereas a meteorite is a space rock that reaches the ground, a bolide is “just the luminous phenomenon” associated with the object’s atmospheric entry, said Jérôme Gattacceca, the editor of The Meteoritical Bulletin of the Meteoritical Society, an organization that records all known meteorites.Meteors that are brighter in our sky than Venus are called “fireballs,” Dr. Gattacceca said. While meteors and fireballs are common, bolides are less so — though “still not rare,” he said.This echoes what Guadalupe Cordero Tercero, a researcher at the UNAM Institute of Geophysics and head of the Mexican Meteor Network project, told UNAM Global Magazine.It’s “estimated that every two and a half days an object at least one meter in diameter enters the Earth’s atmosphere,” Dr. Cordero Tercero said, according to the magazine. However most of these objects fall into the ocean or uninhabited areas, so they often go unnoticed.Denton Ebel, a curator of meteorites at the American Museum of Natural History in Manhattan, said that while he had seen only some footage of the fireball and heard stories, “it sounds really exciting.”Meteors are “not as uncommon as many people think,” Dr. Ebel said, but they are being reported more frequently because of fireball networks, which are cameras parked atop buildings that capture the objects as they enter the atmosphere.UNAM Global Magazine also reported that the fireball roared after streaking across the dark sky. A sonic boom is associated with its breaking apart, Dr. Gattacceca said.“This noise is usually a good indicator that the object fragmented at relatively low altitude and that meteorites actually reached the ground,” he added.The rumbling can sound almost like a freight train, Dr. Ebel said.Meteors are all created by space rocks hitting the atmosphere at high speed, Dr. Gattacceca said, and most of these space rocks originate from the asteroid belt.Their high velocity means that small rocks, even the ones as small as a walnut, will “generate a fireball because of its elevated speed,” Dr. Gattacceca said.The object’s dazzling display caught the attention of many of the more than 22 million people who live in Mexico City, who had nothing to fear.“Nobody has ever been killed by a falling meteorite in historical times,” Dr. Gattacceca said, adding, “So, not dangerous.” More
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in US Politics
What can the global left learn from Mexico – where far-right politics hasn’t taken off? | Thomas Graham
by Evelyn Reynolds 18 April 2025, 09:00
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If you were to summarise the 2024 election year, you might say: grim for incumbents, good for the far right. Yet Mexico bucked both trends. Its governing party, Morena, not only retained the presidency but – along with its partners in the Sigamos Haciendo Historia coalition – gained a two-thirds supermajority in the chamber of deputies, the lower house, while the far right failed to even run a candidate. That a self-described leftwing party could have such success by fixing on Mexico’s chasmic inequality has drawn attention from hopeful progressives worldwide. But Morena’s programme has some not-so-progressive elements too. It is not necessarily one others could – or would want to – copy in its entirety.Morena first notched a historic result in 2018, when Andrés Manuel López Obrador, an old face of the left who ran for president twice before founding the party, won a record 55% of the vote during the general elections. Mexico’s constitution limits presidents to a single term. But this time, Claudia Sheinbaum, a close ally of López Obrador’s, won 60% of the vote. Her victory was reminiscent of the heyday of Latin America’s “pink tide”, when leftist leaders like Hugo Chávez and Evo Morales were reelected for a second term with more votes than their initial victories.View image in fullscreenMeanwhile, the far right didn’t even get on the ballot. Eduardo Verástegui, an actor turned activist who produced Sound of Freedom, the surprise box office hit about a US federal agent busting a child-trafficking ring in Colombia, sought to bring Trumpian politics to Mexico but failed to collect the signatures required to run as an independent. Rather than developing a Mexican brand of far-right politics, Verástegui tried to transplant a distinctly American flavour that was heavy with God, guns and individualism. It didn’t take root.Morena’s success in building a leftwing movement stemmed from the party’s focus on socioeconomic justice. López Obrador developed a simple and powerful populist narrative, arguing that the country had been captured by corrupt elites, including the old political parties and their national and transnational business partners. This resonates for people in Mexico, a palpably unequal country in which roughly 27% of income accrues to the richest 1%.López Obrador promised to change that. His charisma and his long track record in Mexico made him a convincing vehicle for the message, which he hammered home in trips to every corner of the country and daily press conferences known as the mañaneras. In these, he touted his government’s achievements and lambasted its critics, shaping the media agenda. Morena’s message was amplified through state and social media, creating a kind of personality cult around López Obrador.And he delivered. López Obrador’s government doubled the minimum wage in real terms, while expanding social programmes and cash transfers for pensioners and the young, among others. It clamped down on the practice of outsourcing workers to avoid paying benefits and legislated that union contracts be put to democratic votes. And it focused infrastructure projects on the historically marginalised south, building trains and a new oil refinery. 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By putting inequality at the centre of his discourse, López Obrador created a committed base of supporters who were willing to overlook the shortcomings of his government. Although he came to power promising to improve corruption, insecurity and impunity, he achieved none of these things. His government had its own corruption scandals, and Mexico’s homicide rate remained high, with about 30,000 murders a year. In some ways, the situation worsened: extortion is now rampant. Despite this, large parts of the population felt increasingly confident in democracy. By 2023, 61% of Mexicans said they had faith in their national government, compared with 29% when he took office.But progressives elsewhere shouldn’t be too sanguine about the prospect of copying Morena’s model. While doing all the above, López Obrador also made expedient moves to the right. He cut deals with big business and swerved on tax reform. He kept fiscal austerity, meaning boosted social spending was funded with cuts elsewhere. He cracked down on US-bound migrants for political capital in Washington, and he refused to take a position on gay marriage or abortion, presumably to avoid limiting Morena’s appeal. And he embraced Mexico’s military, a popular but opaque institution with a record of human rights abuses, relying on them to deliver his programme. And although López Obrador set up several commissions to investigate historical abuses by the army, he later abandoned them.Criticisms came from across the political spectrum, but López Obrador brushed them off – and often insinuated they came from actors in hock to the corrupt elites of his narrative. By the end of his government, he had lost support from some feminists, environmentalists and victims of violence, to name a few. Yet his base continued to grow. He left power with approval ratings of about 70%.Once it became clear that Morena was on the up, politicians of all stripes, including some dubious characters, sought to join. Morena welcomed them, diluting principle with pragmatism. This shortcut to electoral success came at the cost of internal tensions. Still, Morena maintains a membership and grassroots activity that no other party can match. It has 2.3 million registered members, and wants to make that 10 million. Sheinbaum has commanded the party’s activists to get out to every part of the country. (It is an article of faith in the party that López Obrador’s success was born of visiting each of Mexico’s nearly 2,500 municipalities.) All of this no doubt helps ground Morena in local realities – in contrast to the fledgling far right.The party’s connection to local contexts limits how much progressives outside Mexico can draw from Morena’s example. Mexico is marked by its colonial history, and was under one-party rule for most of the 20th century before it transitioned to democracy in the 1990s. Today, organised crime exerts immense influence through violence and corruption, while Mexico’s economic dependence on the US is extreme. This sharp sense of injustice is a mobilising political sentiment.It would be tempting to frame Mexico’s political landscape as a story about the left successfully resisting the right. But progressives elsewhere must ask themselves how much they would want to draw from Morena. The focus on socioeconomic justice, the narrative control and the party organisation were tied up with some uglier aspects of populism, and an expedient adoption of rightwing positions. It’s hard to say whether the latter were necessary for Morena’s electoral success. But there is dissent on the Mexican left, where some, having weighed the results against their values, are no longer on board with the party.
Thomas Graham is a freelance journalist based in Mexico City More
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‘Shock to the system’: farmers hit by Trump’s tariffs and cuts say they need another bailout
by Evelyn Reynolds 15 April 2025, 12:00
Farmers across the United States say they could face financial ruin – unless there is a huge taxpayer-funded bailout to compensate for losses generated by Donald Trump’s sweeping cuts and chaotic tariffs.Small- and medium-sized farms were already struggling amid worsening climate shocks and volatile commodities markets, on top of being squeezed by large corporations that dominate the supply chain.In recent weeks, farmers in Texas and across the midwest have suffered millions of dollars of crop losses due to unprecedented heavy rainfall and flooding.The climate crisis-fueled extreme weather is compounded by the US president’s looming trade war and the administration targeting popular federal programs and staff, leaving farmers reeling and resigned to needing another bailout.“There’s a lot of uncertainty around and I hate to be used as a bargaining chip. I am definitely worried,” said Travis Johnson, who lost more than 1,000 acres of cotton, sorghum and corn after a year’s rain fell within 48 hours in the Rio Grande Valley (RGV) in southern Texas last month, turning parched fields into lakes.RGV farmers sell sorghum, wheat, corn and vegetables to Mexico among other crops, while buying fertilizer and equipment – and relying on Mexican farmhands for cheap labor. Mexico is the US’s largest trading partner, while China is the main buyer of American sorghum and cotton. All US products destined for China face a 125% tax thanks to Trump’s tariff war, and could cut farmers off from core markets.View image in fullscreen“I can see how some tariffs might help us compete with Mexico but are we really getting targeted by every other country or are we on the wrong side of this? We’ve already had two years of absolute disaster with falling prices and weather patterns … no farmer wants this but without a bailout this could be devastating and a lot more people could go under,” Johnson said.Rural counties rallied behind Trump in 2024, giving him a majority in all but 11 of the 444 farming-dependent counties last year, averaging 78% support, according to analysis by Investigate Midwest.Trump’s vote share rose among farming communities, despite his last trade war which required a $23bn taxpayer bailout for farmers in 2018-19.Yet anxiety is mounting among the agricultural base.First came widespread cuts to oversubscribed and chronically underfunded federal climate and conservation schemes designed to reduce costs and greenhouse gases, and improve yields and environmental health.Trump is also shuttering local food programs which provide farmers with stable domestic markets like public school districts and food banks, helping make farms more resilient to global economic shocks. The USAID, which purchased about $2bn every year in agricultural products particularly wheat, sorghum and lentils for humanitarian aid programs, has been dismantled.The loss in federal programs alone would have been tough to cope with, but then came the trade chaos. Trump’s tariff announcements began when most farmers already had spring crops in the ground – or at the very least had prepared the land and purchased inputs such as seeds and pesticides, making it impossible to switch to crops that could potentially find a market domestically.View image in fullscreenConsensus is growing among experts that the turmoil represents an opportunity for rival agriculture economies – and disaster for US farmers.“It’s all happening so fast and in the middle of the growing season, it’s a shock to the system that’s going to be tough for farmers, especially those growing commodities for export,” said Ben Lilliston, director of rural strategies and climate change at the Institute for Agriculture and Trade Policy (IATP). “Tariffs are not magical, they need to be used strategically as part of wider reforms to the domestic economic agenda.”“The volatility of the tariff policy decisions, with new tariffs frequently being announced, paused and placed will take a toll on the American agricultural industry,” writes economist Betty Resnick in an article for Farm Bureau, a right-leaning lobby group. “Without direct support from USDA or a farm bill with an updated safety net, farmers will almost certainly bear the brunt of these tariffs.”Ben Murray, senior researcher with the consumer advocacy group Food and Water Watch, said: “Without a bailout, we can only imagine how bad this will be for farmers and what an opportunity for Brazil – and this is all being done for a tax cut for the wealthy.”For decades now, US farmers have been heavily incentivized through the Farm Bill to grow commodity crops destined for export such as wheat, corn, soy, sorghum, rice and cotton, rather than produce for domestic consumption. The price of commodities is tied to the global market, even if sold domestically. Meanwhile US imports of fruits and vegetables mostly from Latin America have risen, now accounting for more than 50% of consumption, according to USDA data.This globalized agricultural system favors large and corporate-owned operations, as smaller farms struggle more with boom and bust prices, and access to government subsidies and other credit. The number of farms continues to decline, while the average size continues to rise. Market consolidation and corporate profits tend to surge in the agriculture industry after every economic shock including the Covid pandemic, Trump’s last trade war and the banking crisis.Biden implemented a range of modest, imperfect policies to try to ease the pain for smaller-scale farmers including a greater focus on anti-trust, local and regional food systems, and climate resilience – all of which are under attack by the Trump administration.The vast majority of a $19.5bn funding package by the Biden administration for evidence-based conservation practices that improve soil health, air quality and reduce the use of costly fertilizers, pesticides and water will not be honored. The 10-year fund allocated through the Inflation Reduction Act was an addendum to money ring-fenced in the Farm Bill for four oversubscribed programs, after years of pressure from farmers to expand access to the initiatives.Two Biden-era healthy eating schemes worth a combined $1bn to local farmers have been canceled: the Local Food Purchase Assistance (LFPA) program matching producers to food banks, and the Local Food for Schools Cooperative Agreement Program which helped public schools add healthy, locally grown produce on to lunch menus. (The USDA recently agreed to unfreeze funding for existing contracts.)View image in fullscreen“My farm will survive because we’ve been working with school districts for 20 years, but for others in our coalition the funding cliff is very real,” said Anna Knight, who owns an 80-acre citrus farm in southern California.Piling on further misery are mass layoffs within the USDA that were seemingly orchestrated by the billionaire Trump donor Elon Musk.More than 10% of USDA staff have already reportedly agreed to voluntary buyouts, with more expected in coming weeks. This is in addition to several thousand probationary employees who were laid off last month – a move which disproportionately hit local offices beefed up under the Biden administration, and is being challenged in the courts.USDA field offices play a crucial role in rural communities, the place where farmers go for tailor-made technical help from agencies including the National Resource Conservation Service (NRCS) and the Farm Service Agency (FSA) on the latest pest control and planting practices, conservation programs, loans and disaster assistance programs.“It makes no sense taking billions of dollars off the table for programs that improve long-term farm viability and resilience – and which farmers have been lining up for years for – and then spend billions bringing back farmers from financial collapse,” said Jesse Womack, policy expert at the National Sustainable Agricultural Coalition. “It’s looking really bleak with a lot of pain ahead for farmers.”A coalition of environmental and agricultural groups is suing the USDA after it purged an array of climate-related online resources including information on the NRCS website helping farmers access federal grants for conservation practices, and technical guidance on cutting emissions and strengthening resilience to extreme weather like floods and drought.Even if there is a bailout, getting the money to farmers in time to avoid bankruptcy will be much more complicated this time, according to Lilliston from IATP.“Another bailout seems inevitable but there are serious questions about how quickly it could be implemented with such a dysfunctional Congress, local USDA offices shuttered and fewer staff. It’s a very messy situation and farmers are already experiencing harm.”And in the medium and long term: “The US reputation has taken a huge hit. We can no longer be considered a reliable trading partner which is terrible for farmers,” added Lilliston.Even before the current mayhem, almost two-thirds of US rural bankers surveyed in March expected farmer income to decline in 2025, with farm equipment sales dropping for the 19th straight month, according to the latest Rural Mainstreet Economy survey by Creighton University. Grain and cotton prices have plummeted since 2022.View image in fullscreen“We were already in a precarious situation but now, unless there’s a bailout or this trade war is resolved by harvest time, it will be disastrous and a critical mass of farmers could go out of business,” said Adam Chappell, 46, a commodities farmer growing corn, cotton, soybean and rice in Arkansas, where dozens of local USDA staff have reportedly been furloughed or fired in recent weeks.Chappell’s town Cotton Plant was hit with 13in of rain in early April, causing crop losses for many farmers. Chappell’s fields survived the rain but he spent a nervous few weeks after the USDA froze all conservation funds, unsure whether the government would reimburse him, as agreed, for an upfront investment in cover crops and a compost operation. Eventually, after a backlash, the administration backtracked and agreed to honor existing contracts.“The weather is getting stranger and more challenging to deal with every year, while big monopoly corporations are allowed to manipulate the system and squeeze us at every part of the supply chain. Farmers like me lean heavily on the NRCS conservation programs to improve soil health and reduce input costs,” said Chappell. “The tariffs are like adding salt on the wound.”Despite last week’s partial U-turn, Trump’s ongoing and increasingly chaotic trade war risks causing irreparable harm to international markets for farmers, especially but not exclusively China, as well as pushing up the cost of agricultural imports such as pesticides, fertilizer and machinery.China is the US’s third biggest agricultural export market, worth $24.7bn in 2024, down 15% from 2023, as soybean, corn and sorghum sales fell amid rising competition from South America, according to USDA data. China’s top imports from the US are oilseeds and grains. US exports to China supported almost a million US jobs in 2022, according to the US-China Business Council, mostly around agriculture and livestock production.As of Friday, at least 15 agricultural department programs worth billions of dollars to American farmers and rural communities remain frozen, according to Politico, more than two months after they were halted for review to ensure compliance with Trump’s priorities opposing diversity, equity and inclusion (DEI) efforts as well as his crackdown on climate change initiatives.This includes the Biden-era partnerships for climate-smart commodities (PCSC) program – a five-year $3.2bn real-life study into the effectiveness of conservation practices such as cover cropping and reduced tillage for commodity farms.“PSCS was about increasing our evidence base on climate benefits that also help commodity farmers improve soil health, air and water quality – and their bottom line,” said Omanjana Goswami, a scientist with the food and environment program at the Union of Concerned Scientists. “Abandoning this will come at a cost to American farms and the taxpayer.”On Monday, the agriculture secretary, Brooke Rollins, defended dismantling PSCS, claiming it amounted to a Biden-era “climate slush fund” of which less than half the money went to farmers.A spokesperson added: “The USDA has a variety of programs available to producers who have been impacted by recent disasters … [and] is currently building a framework to deliver over $20bn in congressionally appropriated funds to producers who suffered losses during the 2023/2024 crop year. With 16 robust nutrition programs in place, USDA remains focused on its core mission: strengthening food security, supporting agricultural markets, and ensuring access to nutritious food.”And some Trump supporters are keeping the faith.“There are some concerns out there but our farmers are willing to make sacrifices for long-term gains,” said Sid Miller, the Texas agriculture commissioner. “Tariffs are a temporary tool, they won’t be permanent, China needs our grains, they are prideful but will come around like last time.” More
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Trump authorizes US military to take control of land at US-Mexico border
by Evelyn Reynolds 12 April 2025, 15:44
Donald Trump has authorized the military to take control of land at the US-Mexico border as part of the president’s broader efforts to crack down on undocumented immigration.The authorization came late on Friday in a memorandum from Trump to interior secretary Doug Burgum, defense secretary Pete Hegseth, homeland security secretary Kristi Noem and agricultural secretary Brooke Rollins, outlining new policies concerning military involvement at the US’s southern border.The memorandum, entitled “Military Mission for Sealing the Southern Border of the United States and Repelling Invasions”, allows the US’s armed forces to “take a more direct role” when it comes to securing the boundary in question.“Our southern border is under attack from a variety of threats,” the order claimed. “The complexity of the current situation requires that our military take a more direct role in securing our southern border than in the recent past.”The memorandum added that the Department of Defense should be given jurisdiction to federal lands, including the Roosevelt Reservation, a 60ft-wide strip that stretches over California, Arizona and New Mexico. Doing that would give troops stationed there the legal right to detain immigrants accused of trespassing on what in effect is an elongated base – and unauthorized immigrants would be held in custody until they could be turned over to immigration agents.Military activities that could be carried out on federal land include “border-barrier construction and emplacement of detection and monitoring equipment”, according to the memorandum.After 45 days, the defense secretary, Pete Hegseth, will assess the “initial phase” of the order. But at any time, Hegseth could extend the amount of federal land included in the memorandum.The ordered military takeover excludes Native American reservations, according to the memorandum.Friday’s order is the latest step from Trump in his administration’s ongoing focus on immigration enforcement, which has involved declaring a national emergency on the southern border.On Thursday, a US federal judge ruled that the Trump administration was allowed to require people who are in the country but not citizens to register with the federal government, a requirement that advocates say hasn’t been universally implemented since it was enacted as a law in the 1940s.skip past newsletter promotionafter newsletter promotionThe ruling comes after the Department of Homeland Security (DHS) announced the new requirement on 25 February, adding that those who failed to report could face fines or possible prison time.The DHS’s announcement was widely seen as a workaround of the Posse Comitatus Act, a federal law that bars US military troops from participating in most civilian law enforcement actions.One of the purported justifications for militarizing the US border most commonly cited by Trump and his Republican colleagues is that people crossing the border with Mexico without permission carry much of the fentanyl sold in the US. Yet official statistics show 90% of convicted fentanyl peddlers are US citizens. More
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Trump Threatens More Tariffs and Sanctions on Mexico Over Long-Running Water Dispute
by Aurelia Butler 11 April 2025, 01:45
President Trump on Thursday threatened additional tariffs and other sanctions against Mexico over a long-running water dispute in a potential escalation of tensions with one of America’s biggest trading partners.In a social media post, Mr. Trump accused Mexico of failing to provide 1.3 million acre-feet of water — or more than 420 billion gallons — under a 1944 treaty mediating the distribution of water from three rivers, the Rio Grande, the Colorado and the Tijuana.“Mexico has been stealing the water from Texas farmers,” Mr. Trump said, adding that “we will keep escalating consequences, including TARIFFS and, maybe even SANCTIONS, until Mexico honors the Treaty, and GIVES TEXAS THE WATER THEY ARE OWED!”Responding to Mr. Trump’s post, Mexico’s president, Claudia Sheinbaum, acknowledged that her country had fallen short of its treaty commitments, saying that a yearslong drought had significantly hindered its ability to provide the full amount of water the agreement called for. She said that her government had sent “a comprehensive proposal” to U.S. diplomats to deliver water to Texas and find a solution satisfactory to both countries.“To the extent of water availability, Mexico has been complying,” she wrote on social media. “I am sure that, as in other matters, an agreement will be reached.”Mexico has struck a conciliatory tone in negotiations with the Trump administration, prioritizing dialogue over threats and a cool-headed approach over retaliatory measures. The strategy seems to have earned Ms. Sheinbaum some respect from Mr. Trump, who earlier on Thursday called her “a terrific person” and “a fantastic woman.”There have been longstanding tensions over water between Mexico and the United States. In 2020, those tensions exploded into violence, with Mexican farmers seizing control of a dam in the border region in an effort to shut off water deliveries to the United States.Rising temperatures and long droughts have made water more scarce, making the water from rivers Mexico and the United States share all the more valuable.According to data provided by the International Boundary and Water Commission, which mediates water disputes between the two countries, Mexico has fallen well short of its treaty commitments on water delivery in the last five years. Between October 2020 and October 2024, Mexico provided just over 400,000 acre-feet of water, far less than the roughly 1.4 million acre-feet called for under treaty stipulations. The debt has only grown since. More
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Ford offers discounts on cars and trucks as auto tariffs kick in.
by Aurelia Butler 3 April 2025, 15:18
Ford Motor said on Thursday that it was lowering prices on most of its vehicles to the same levels it charges employees in a bid to boost sales as President Trump’s tariffs on imported cars took effect.The tariffs began on Thursday on vehicles imported from Mexico, Canada, Japan, Germany and other countries. The duties — 25 percent of the value of the vehicle in most cases — are expected to increase prices of new cars and trucks and dampen demand.About half the vehicles sold in the United States each year are produced in other countries. Mexico is the top source of those cars and Canada is among the largest. For three decades, the United States, Canada and Mexico have had a free-trade zone, and automakers have moved parts and vehicles freely among the three countries.Ford’s new program, which the company is calling “From America, for America,” could help reduce a large inventory of unsold cars. In February, Ford had more cars in inventory as measured by how many days it would take to sell them all than all but three other brands — Jaguar, Mimi and Dodge — according to Cox Automotive, a research firm.Ford’s new discounts apply to all new 2024 and 2025 vehicles, except for specialty versions of the Bronco sport-utility vehicle; the Mustang sports car; Super Duty versions of F-Series pickups; and a few other models.“Consumers will pay what we pay,” Rob Kaffl, Ford’s director of U.S. sales and dealer relations, said in a statement.The automaker also said it was extending another incentive program in which buyers of new electric models get a home charger for free, along with the cost of installation. That offer is now valid until June 30.Ford had more than 568,000 vehicles in inventory at the end of March, up about 8 percent from a year ago. More
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Trump announces sweeping new tariffs, upending decades of US trade policy
by Evelyn Reynolds 2 April 2025, 20:47
Donald Trump announced sweeping tariffs on some of its largest trading partners on Wednesday, upending decades of US trade policy and threatening to unleash a global trade war on what he has dubbed “liberation day”.Trump said he will impose a 10% universal tariff on all imported foreign goods in addition to “reciprocal tariffs” on a few dozen countries, charging additional duties onto countries that Trump claims have “cheated” America.The 10% universal tariff will go into effect on 5 April while the reciprocal tariffs will begin on 9 April.“This is one of the most important days, in my opinion, in American history,” Trump said, in a long-winded speech on the White House lawn. For decades America had been “looted, pillaged and raped” by its trading partners, he said. “In many cases, the friend is worse than the foe.”Over the past few months, Trump has rattled global stock markets, alarmed corporate executives and economists, and triggered heated rows with the US’s largest trading partners by announcing and delaying plans to impose tariffs on foreign imports several times since taking office.But for the start of what appears to be a dramatic shift in American trade policy, one that could cause ricochets in the global economy, Trump tried to sell the tariffs with a celebratory tone.Nine giant US flags flanked Trump onstage in the Rose Garden, as the president spoke in front of his cabinet and a crowd of union workers wearing hard hats and fluorescent construction worker vests. Before Trump came onstage, a marine band played celebratory music to excite the crowd.At one point, Trump paused his speech to throw a Maga hat into the crowd. In the next breath, he announced the 10% universal baseline tariff.In the middle of his hour-long speech, the president displayed a chart that showed the “unfair” fees that countries placed on the US, alongside the new “USA Discounted Reciprocal Tariffs”. China charged the US 67% in “unfair” fees, and said the US would now levy a 34% fee. The EU charges 39% on imports, according to the White House, and will now be levied at 20%. Trump said the UK would be charged 10% – the baseline tariff – equal to the Trump administration’s calculations of the UK’s fees on US imports.Special exceptions were made for Canada and Mexico, though the countries were previously targets of proposed broad tariffs. The White House said that goods covered by an existing trade deal with Canada and Mexico will continue to see no tariffs.Trump said the tariff calculations also include “currency manipulation and trade barriers”, though the White House has not elaborated on how it calculated the new tariffs.It appears Trump has zeroed in on the industry-specific tariffs the countries have placed on American exports. In his speech, Trump criticized policies like the EU’s ban on imported chicken, Canadian tariffs on dairy and Japan’s levies on rice.Trump said the US would charge half of the fees he feels trading partners unfairly impose on the US because the US people are “very kind”. The countries have “placed massive tariffs on [US] products and created non-monetary tariffs to decimate our industries”, Trump said, calling them “common sense reciprocal tariffs”.“Reciprocal: that means they do it to us and we do it to them. Very simple, can’t get any more simple than that,” he said. “This indeed will be the golden age of America,” he said.Trump was ultimately following through with a promise he made during the election: on the campaign trail, Trump floated the idea of a 10% universal tariff on all imported goods.The new tariffs come on top of a lineup of levies that Trump has already implemented: an additional 20% tariff on all Chinese imports and a 25% tariff on all steel and aluminum imports. There is also a 10% tariff on energy imports from Canada.skip past newsletter promotionafter newsletter promotionTrump also announced in March a 25% tariff on all imported vehicles and, eventually, imported auto parts, which will start going into effect on Thursday.“These tariffs are going to give us growth like you’ve never seen before, and it’ll be something very special to watch,” Trump said.Trump has made clear the goals he wants to accomplish through his tariffs: bring manufacturing back to the US; respond to unfair trade policies from other countries; increase tax revenue; and incentivize crackdowns on migration and drug trafficking. But the implementation of his tariffs has so far have been haphazard, with multiple rollbacks and delays, and vague promises that have yet to come to fruitionBut the threats have soured US relations with its largest trading partners. Canada’s prime minister, Mark Carney, has called them “unjustified” and pledged to retaliate. The European Union has said it has a “strong plan” to retaliate. Other retaliatory tariffs could eventually lead to higher prices that would hurt American exporters.The US stock market closed slightly up on Wednesday, ahead of Trump’s announcement, with a slight boost from news that Elon Musk may step away from his role in the White House soon to focus on his businesses.Even with the slight upswing, two of the three major stock exchanges saw their worst quarter in over two years after Monday marked the end of the first quarter.In March, consumer confidence plunged to its lowest level in over four years. Polls have shown that tariffs are unpopular with Americans, including Republicans. Only 28% of people in a poll from Marquette Law School released Wednesday said that tariffs help the economy.The uncertainty around Trump’s tariff policies have increased the likelihood of a recession, according to recent forecasts from economists at Goldman Sachs, JP Morgan and other banks. More
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Trump Says He ‘Couldn’t Care Less’ if Auto Tariffs Raise Car Prices in the U.S.
by Aurelia Butler 31 March 2025, 01:59
President Trump has said that “tariffs are the greatest thing ever invented.” For someone who once called himself a “tariff man,” tariffs are the solutions to many economic problems.He has argued that imposing tariffs would protect American factories, spur manufacturing, create new jobs and bend uncooperative governments to his will. Since his inauguration, while imposing and then suspending and then imposing tariffs again, Mr. Trump has upended the global trading system.But over that time Mr. Trump has also begun conceding that tariffs could cause financial discomfort for Americans. That possibility came up in stark terms in an interview with NBC’s “Meet the Press” from Saturday, when Mr. Trump said that he “couldn’t care less” about the prospect of higher car prices.The president repeated the sentiment twice when asked about the 25 percent tariffs on imported cars and auto parts that he has promised will go into effect on Thursday. He told the NBC News host Kristen Welker that the tariffs were permanent, and that he would encourage auto companies and their suppliers to move to the United States.In one exchange, Ms. Welker asked Mr. Trump if he was at all concerned with the effect of tariffs on car prices, which experts have said could go up by thousands of dollars. “No, I couldn’t care less,” he said, “because if the prices on foreign cars go up, they’re going to buy American cars.”After the interview, an aide to the president told NBC that Mr. Trump was referring to the increase in foreign car prices.While the White House sought to emphasize foreign-made vehicles, the tariffs will affect American companies like Ford Motor and General Motors, which build many of their vehicles in Canada and Mexico. Nearly half of the vehicles sold in the United States are imported, according to S&P Global Mobility data, and almost 60 percent of auto parts in cars assembled in the country.A study by the Yale Budget Lab, a nonpartisan research center, forecast that tariffs would cause vehicle prices to increase by an average of 13.5 percent — an additional $6,400 to the price of an average new 2024 car.On Sunday, Shawn Fain, the president of the United Automobile Workers union, said that the tariffs were indeed a “motivator” for carmakers to bring jobs back to the United States. But, he said on CBS’s “Face the Nation,” they were not an “end-all solution” to help American auto workers. If jobs are being brought back to the United States, Mr. Fain said, they need to be “good paying union jobs that set standards.”Peter Navarro, a senior trade adviser to Mr. Trump, defended the tariffs and said they would raise about $100 billion, which would translate to tax credits for people who buy American cars. He, too, told Americans not to worry about the effects of the tariffs.Instead, he said on Sunday, they should “trust in Trump.” More

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‘Shock to the system’: farmers hit by Trump’s tariffs and cuts say they need another bailout

Trump authorizes US military to take control of land at US-Mexico border

Trump Threatens More Tariffs and Sanctions on Mexico Over Long-Running Water Dispute

Ford offers discounts on cars and trucks as auto tariffs kick in.

Trump announces sweeping new tariffs, upending decades of US trade policy

Trump Says He ‘Couldn’t Care Less’ if Auto Tariffs Raise Car Prices in the U.S.

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