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Trump’s very beautiful tariffs will fix America, masculinity and the family. It said so on Fox News | Arwa Mahdawi
There’s been a lot of doom-mongering about tariffs recently, hasn’t there? Oh no, my life savings are going to get wiped out and I’m never going to be able to retire! Oh no, grocery prices are going to triple! Oh no, it looks suspiciously as if Donald Trump has used ChatGPT to guide his fiscal policy and now we’re going to see another Great Depression! Moan, moan, moan.While it might be true that much of these predictions are coming from highly credentialed economists and people who tend to know what they’re talking about, I’d like to remind you that there are two sides to every story – and it’s always worth looking at both of them. You’ve already heard from voices who reckon Trump’s tariffs are misguided and dangerous. Now it’s time to focus on the people who support the president’s assessment that tariffs are a “very beautiful thing” that will usher in a new golden age.Where do we find such people? Fox News, of course. The place where up is down, left is right, and Oceania has always been at war with Eastasia if King Trump says that’s the case. As the stock market plunges, Fox News has wheeled out a bunch of pundits and anchors to explain how your savings getting obliterated is a good thing, actually.First, there’s Fox News host Jesse Watters, who is known for making thoughtful and nuanced statements such as: “When a man votes for a woman, he actually transitions into a woman”; and announcing that men shouldn’t eat soup in public because it isn’t “manly”. In a recent segment, Watters said that these tariffs – which will make life more expensive – are actually “going to make it easier for people to start families”. He added: “These tariffs are for the children.” I polled my own child, who is three, on this, and she would rather have an Elsa doll than a tariff, but what does she know, eh?While Watters believes the children are our future, and tariffs will help them lead the way, Free Press columnist Batya Ungar-Sargon reckons Trump’s economic policy is going to fix the “crisis of masculinity”. On Sunday, Ungar-Sargon told Fox News that the US had “shipped jobs that gave men who work with their hands for a living, and rely on brawn and physicality, off to other countries … and imported millions and millions of illegals to work in construction, manufacturing, landscaping, janitorial services – jobs that used to give men access to the American dream.”Ah yes, as the old adage goes: if you’ve got nothing intelligent to say, go on Fox News and demonise immigrants. There are in fact plenty of jobs available in the US that rely on “brawn and physicality”; the problem is many of them wreck your body and don’t pay a living wage. You know the workers who cut quartz slabs for kitchen countertops, for example? They’re predominantly young Latino men who are said to be suffering from lung disease because of the silica dust created by cutting said slabs. Meanwhile, construction workers are more likely to die of a drug overdose than those in any other occupation because the physical nature of the work results in an increased likelihood of injury and the subsequent prescription of addictive opioids. Romanticising these sorts of jobs – particularly when your own job consists of typing on a computer – does absolutely nothing to help men.As I said, it’s always important to look at both sides, even if one side of an argument appears completely demented. Still, I’m squinting very hard and I’m afraid that, despite Ungar-Sagon and Watters’s very persuasive arguments, I can’t see an upside to tariffs. Let’s say that more manufacturing jobs do open up in the US (a process that would take years). It seems unlikely Trump would fight for them to come with decent wages – he recently rescinded one of Joe Biden’s executive orders that raised the minimum wage for federal contractors. I’m not sure doing hard labour for a low salary gives you access to the American dream, unless your dream is going bankrupt from medical bills.But look at me: moan, moan, moan. You know what I’ve just realised my problem is? I think I need to watch more Fox News. And, if you’re feeling down about the state of the world, then you may need to, too. Now that Trump has started posturing over Iran, I can’t wait for Fox pundits to explain how accidentally inviting a nuclear war is going to be great, actually. Nothing like a little bit of radiation poisoning to fix the crisis of masculinity. More
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Trump news at a glance: Wild swings on global markets as Trump threatens further China tariffs
Global stock markets fell catastrophically on Monday following President Trump’s tariff rollout.Despite the economic turmoil, the US president doubled down on his plan, threatening to impose an additional 50% tariff on imports from China on Wednesday, unless the country rescinds its retaliatory tariffs on the United States by Tuesday.Trump has defended his sweeping tariffs, saying: “sometimes you have to take medicine to fix something”. Top officials in the administration have brushed aside fears of a recession and reiterated the tariff policy will be implemented as planned.Here are the key stories at a glance:Wild swings on global stock marketsExtreme volatility plagued global stock markets on Monday, with Wall Street swinging in and out of the red as Donald Trump defied stark warnings that his global trade assault will wreak widespread economic damage, comparing new US tariffs to medicine.A renewed sell-off began in Asia, before hitting European equities and reaching the US. It was briefly reversed amid hopes of a reprieve, only for Trump to threaten China with more steep tariffs, intensifying pressure on the market.Read the full storyEU offered ‘zero-for-zero’ tariff deal weeks agoThe EU has said it offered the US a “zero-for-zero” tariff deal on cars and industrial goods weeks before Donald Trump launched his trade war, but that it would not wait to defend itself. Maros Šefčovič, the EU commissioner for trade, said he had proposed zero tariffs on cars and a range of industrial goods, such as pharmaceutical products, rubber and machinery on 19 February.He said the EU and US were in early stages of talks while EU commission president Ursula von der Leyen said the offer remained on the table. However, later on Monday Trump appeared to quash any such discussions, telling reporters zero-zero tariffs were not on the cards.Read the full storySupreme court allows deportations under 18th century law Donald Trump may continue using a 1798 law to deport alleged gang members to Venezuela, the supreme court ruled on Monday, however it will apply certain limits. Despite siding with the administration, the court’s majority placed limits on how deportations may occur, emphasizing that judicial review is required.Read the full storyTrump unveils ‘direct talks’ with Iran on nuclear dealDonald Trump has announced that the US is to hold direct talks with Iran in a bid to prevent the country from obtaining an atomic bomb, while also warning Tehran of dire consequences if they fail.He said the talks were happening in an effort to avoid what he called “the obvious” – an apparent reference to US or Israeli military strikes against the regime’s nuclear facilities.Read the full storyIsraeli PM discusses Gaza and tariffs at White HouseThe Israeli prime minister, Benjamin Netanyahu, met with Donald Trump Monday for the second time since the US president’s return to office, marking the first effort by a foreign leader to negotiate a deal after Trump announced sweeping tariffs last week.Read the full storyRFK Jr claims anti-vax doctors healed kids with measlesRobert F Kennedy Jr followed up his attendance at the Texas funeral of a child who died from measles by praising two unconventional “healers”, one of whom was previously disciplined by the state’s medical board for “unusual use of risk-filled medications”.Read the full storyRepublican senator claims ‘kill journalists’ comments were ‘joke’ The Republican US senator and Donald Trump loyalist Markwayne Mullin has evidently sought to backtrack from comments suggesting politicians could “handle our differences” with journalists by shooting and killing them, insisting he was trying to make a joke.The Oklahoma lawmaker, a former mixed martial arts (MMA) fighter, on Saturday posted to X a video of himself at a stairway in the US Capitol building recounting the tale of the newspaper columnist Charles Kincaid.Read the full storyAnti-DEI purge of Harriet Tubman webpageThe National Park Service has removed a quote and an image of US abolitionist Harriet Tubman from a webpage about the Underground Railroad network that helped enslaved people escape captivity – and instead, the page now emphasizes what it describes as “Black/White Cooperation” as Donald Trump’s presidential administration continues its effort to sanitize the country’s history.Read the full storyWhat else happened today:
A libertarian group backed by Leonard Leo and Charles Koch has mounted a legal challenge against Donald Trump’s tariff regime, in a sign of spreading rightwing opposition to a policy that has sent international markets plummeting.
At least 39 international students have had their visas revoked in the past week without notice or clear explanation – with one student losing her legal status due to a speeding ticket.
Catching up? Here’s what happened on 6 April 2025. More - in US Politics
Trump threatens additional 50% tariffs on China over retaliatory levies
Donald Trump has threatened to impose an additional 50% tariff on imports from China on Wednesday unless the country rescinds its retaliatory tariffs on the United States by Tuesday.The news comes on the third day of catastrophic market falls around the globe since Trump announced his trade war last Wednesday with tariffs on the US’s trading partners.As part of that move the White House announced it would impose a 34% tariff on Chinese imports. In response, Beijing announced a 34% tariff on US imports.In a statement on Truth Social on Monday morning, the US president said that China enacted the retaliatory tariffs despite his “warning that any country that Retaliates against the U.S. by issuing additional Tariffs” would be “immediately met with new and substantially higher Tariffs, over and above those initially set”.“If China does not withdraw its 34% increase above their already long term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th,” Trump wrote.“Additionally, all talks with China concerning their requested meetings with us will be terminated!” he added. “Negotiations with other countries, which have also requested meetings, will begin taking place immediately.”China’s US embassy said on Monday it would not cave to pressure or threats over the additional 50% tariffs. “We have stressed more than once that pressuring or threatening China is not a right way to engage with us. China will firmly safeguard its legitimate rights and interests,” Liu Pengyu, an embassy spokesman, told Agence France-Presse.A senior White House official told ABC News that the increased tariffs on China would be on top of the 34% reciprocal tariff Trump announced last week and the 20% already in place.Trump’s new ultimatum to China marked the latest escalation from the White House and came as US stocks swung in and out of the red on Monday morning as a report circulated that Trump was going to pause the implementation of his sweeping tariffs for 90 days, but then was quickly dismissed by the White House as “fake news”.Not long after Trump threatened China with additional tariffs on Monday morning, he participated in a White House visit from the Los Angeles Dodgers to celebrate their World Series title. More
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Netanyahu discusses Gaza and tariffs with Trump at White House meeting
The Israeli prime minister, Benjamin Netanyahu, met with Donald Trump on Monday for the second time since the US president’s return to office, marking the first effort by a foreign leader to negotiate a deal after Trump announced sweeping tariffs last week.Speaking alongside Trump in the Oval Office, Netanyahu said Israel would eliminate the trade deficit with the US. “We intend to do it very quickly,” he told reporters, adding that he believed Israel could “serve as a model for many countries who ought to do the same”.Trump said the pair had a “great discussion” but did not indicate whether he would reduce the tariffs on Israeli goods. “Maybe not,” he said. “Don’t forget we help Israel a lot. We give Israel $4bn a year. That’s a lot.”Trump denied reports that he was considering a 90-day pause on his tariff rollout. “We’re not looking at that,” he told reporters. “We have many, many countries that are coming to negotiate deals with us, and there are going to be fair deals.”Trump also announced that the US and Iran were beginning talks on Tehran’s nuclear program. “We’re having direct talks with Iran, and they’ve started. It’ll go on Saturday. We have a very big meeting, and we’ll see what can happen,” he told reporters. He warned Tehran would be “in great danger” if the talks collapse.Netanyahu expressed a cautious support for US-Iran talks but insisted Tehran must not have nuclear weapons. “If it can be done diplomatically … I think that would be a good thing,” he said. “But whatever happens, we must make sure that Iran does not have nuclear weapons.”The comments came in the Oval Office after Trump and Netanyahu held private talks. The White House canceled a joint press conference that was scheduled to take place afterward, without offering an immediate explanation.Netanyahu, announcing the last-minute meeting on Sunday, said he was visiting at the invitation of Trump to speak about efforts to release Israeli hostages from Gaza, as well as new US tariffs.The meeting came after the Trump administration announced his trade war last Wednesday with tariffs on the US’s trading partners, including a 17% tariff on Israeli goods.The US is Israel’s closest ally and largest single trading partner. Israel had hoped to avoid the new tariffs by moving to cancel its remaining tariffs on US imports a day before Trump’s announcement.Before his meeting with Trump, Netanyahu met with the US special envoy to the Middle East, Steve Witkoff. He also met with the US commerce secretary, Howard Lutnick, and the US trade representative Jamieson Greer on Sunday night in Washington. The Israeli government described the latter meeting as “warm, friendly and productive”.During Netanyahu’s last visit in February, Trump shocked the world by proposing to take over the Gaza Strip, removing more than 2 million Palestinians and redeveloping the occupied territory as a “Riviera of the Middle East”, in effect endorsing the ethnic cleansing of the people of Gaza.Since then, Israel has resumed its bombardment in Gaza, collapsing nearly two months of ceasefire with Hamas that had been brokered by the US, Egypt and Qatar.Nearly 1,400 Palestinians have been killed in the renewed Israeli operations in Gaza, according to Palestinian health officials, taking the total death toll since the start of the war to more than 50,000. Israel has also halted all supplies of food, fuel and humanitarian aid into Gaza.Netanyahu’s visit to the US comes as he faces pressure at home to return to ceasefire negotiations and secure the release of the remaining hostages in Gaza.Netanyahu told reporters on Monday that he and Trump had discussed the US leader’s “bold” vision to move Palestinians from Gaza, and that he is working with the US on another deal to secure the release of additional hostages. “We’re working now on another deal, that we hope will succeed,” he said.Netanyahu also claimed that Israel is committed to “enabling the people of Gaza to freely make a choice to go wherever they want”. Last week, he said Israel was “seizing territory” and intended to “divide up” the Gaza Strip by building a new security corridor, inflaming fears that Israel intends to take permanent control of the strip when the war ends.Netanyahu arrived in Washington on Sunday night from Hungary, after a four-day official visit that marked the Israeli leader’s first visit to European soil since the international criminal court (ICC) issued an arrest warrant for him over allegations of war crimes in Gaza.Hungary’s prime minister, Viktor Orbán, made it clear he would defy the court to host Netanyahu, and announced that he would take Hungary out of the ICC because it had become “political”. The US is not a member of the court. More
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Rightwing group backed by Koch and Leo sues to stop Trump tariffs
A libertarian group backed by Leonard Leo and Charles Koch has mounted a legal challenge against Donald Trump’s tariff regime, in a sign of spreading rightwing opposition to a policy that has sent international markets plummeting.The New Civil Liberties Alliance filed a suit against Trump’s imposition of import tariffs on exports from China, arguing that doing so under the International Emergency Economic Powers Act (IEEPA) – which the president has invoked to justify the duties on nearly all countries – is unlawful.The group’s actions echo support given by four Republican senators last week for a Democratic amendment calling for the reversal of 25% tariffs imposed on Canada.Last Wednesday’s amendment passed with the support of Mitch McConnell, the former Republican Senate majority leader, and his fellow GOP members Rand Paul, Susan Collins and Lisa Murkowski, who argued that tariffs on Canada would be economically harmful.The action from the alliance has the potential to be even more emblematic, given its backing from Koch, a billionaire industrialist, and Leo, a wealthy legal activist who advised Trump on the nomination of three conservative supreme court justices during his first presidency, which has given the court a 6-3 rightwing majority. The group received money from organisations affiliated with Leo and Koch in 2022.The alliance has tabled its action on behalf of Simplified, a Florida-based home goods company whose business is heavily reliant on imports from China. It argues that the president has exceeded his powers in invoking the IEEPA to justify tariffs.“This statute authorizes specific emergency actions like imposing sanctions or freezing assets to protect the United States from foreign threats,” the alliance said in a statement. “It does not authorize the president to impose tariffs. In its nearly 50-year history, no other president – including President Trump in his first term – has ever tried to use the IEEPA to impose tariffs.”The alliance also argues that power to impose tariffs lies not with a sitting president, but with Congress, and warns that those imposed by Trump could run afoul of US supreme court rulings.“His attempt to use the IEEPA this way not only violates the law as written, but it also invites application of the supreme court’s major questions doctrine, which tells courts not to discern policies of ‘vast economic and political significance’ in a law without explicit congressional authorization,” its statement said.Mark Chenoweth, the alliance’s president, said the court in Pensacola – where the suit has been filed – would have to observe this legal precedent.“Reading this law [IEEPA] broadly enough to uphold the China tariff would transfer core legislative power,” he said. “To avoid that non-delegation pitfall, the court must construe the statute consistent with nearly 50 years of unbroken practice and decide it does not permit tariff setting.”The suit argues that there is no connection between the fentanyl epidemic – which Trump has cited as a reason for invoking the emergency powers – and the tariffs.“The means of an across-the-board tariff does not fit the end of stopping an influx of opioids, and is in no sense ‘necessary’ to that stated purpose,” the complaint filed on behalf of Simplified argues.“In fact, President Trump’s own statements reveal the real reason for the China tariff, which is to reduce American trade deficits while raising federal revenue.”The legal case adds to rumbling disquiet on tariffs among some of Trump’s usually vocal supporters, including the billionaire hedge fund manager Bill Ackman.Paul, a senator from Kentucky who has been one of the most consistent congressional anti-tariff voices, told the Washington Post that other Capitol Hill Republicans shared his concern.“They all see the stock market, and they’re all worried about it,” Paul said. “But they are putting on a stiff upper lip to try to act as if nothing’s happening and hoping it goes away.”Speaking in support of last week’s Democratic amendment, sponsored by the Virginia senator Tim Kaine, Paul said: “I don’t care if the president is a Republican or a Democrat. I don’t want to live under emergency rule. I don’t want to live where my representatives cannot speak for me and have a check and balance on power.”Trump attacked Paul and the three other Republican senators who backed the amendment and suggested they were driven by “Trump derangement syndrome”.In another sign of Republican concern, the GOP senator from Iowa Chuck Grassley – along with a Washington Democrat, Maria Cantrell – introduced a bill that would limit Trump’s ability to impose or increase tariffs by requiring Congress to approve them within 60 days. The White House budget office said on Monday that Trump would veto the bill. More
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Volatility grips global stock markets as Trump insists on tariff ‘medicine’
Extreme volatility plagued global stock markets on Monday, with Wall Street swinging in and out of the red as Donald Trump defied stark warnings that his global trade assault will wreak widespread economic damage, comparing new US tariffs to medicine.A renewed sell-off began in Asia, before hitting European equities and reaching the US. It was briefly reversed amid hopes of a reprieve, only for Trump to threaten China with more steep tariffs, intensifying pressure on the market.On Wall Street, the benchmark S&P 500 dropped by as much as 4.1% – entering bear market territory after falling more than 20% from its most recent peak, in February – before launching an extraordinary reversal to turn positive.While markets were fleetingly boosted after Kevin Hassett, director of the White House national economic council, signaled that Trump was open to considering a 90-day pause on tariffs for all countries but China, the relief did not last long.After hours of turbulent trading, the S&P closed down 0.2%. The Dow Jones industrial average finished down 0.9%.“We’re not looking at that,” Trump told reporters, when asked about the prospect of a pause. Pressed on whether the tariffs set the stage for negotiations with countries, or were permanent, he replied: “Well, it can both be true. There can be permanent tariffs, and there can also be negotiations.”The FTSE 100 closed down 4.38% in London at 7,702.08 – the lowest close in more than a year – after the Nikkei 225 slumped 7.8% in Tokyo. Other major European also ended the day sharply lower, including Germany’s DAX and France’s CAC which both fell more than 4%.Trump, who has previously used market rallies as a barometer of his success, tried to brush off the sell-off this weekend. “I don’t want anything to go down,” the US president said on Sunday. “But sometimes you have to take medicine to fix something.”He stood firm on Monday. “The United States has a chance to do something that should have been done DECADES AGO,” Trump wrote on his Truth Social platform. “Don’t be Weak! Don’t be Stupid!”As China prepares to retaliate, Trump threatened to further increase US tariffs on the country – an additional rate of 50% – if it hits back. All talks with Beijing over potential meetings have been “terminated”, he said.Major share indices have fallen dramatically since he unveiled his controversial plan to overhaul the US economy last week. The Trump administration imposed a blanket 10% tariff on imported goods this weekend, and is set to follow with higher tariffs on products from specific nations from Wednesday.While senior figures in corporate America have been reluctant to criticize Trump since his inauguration in January, a handful have started to sound the alarm in recent days.Larry Fink, CEO of the investment giant BlackRock, expressed concern on Monday over the threat of a downturn. “The economy is weakening as we speak,” he said at the Economic Club of New York, according to Bloomberg. “Most CEOs I talk to would say we are probably in a recession right now.”The JPMorgan Chase boss, Jamie Dimon, one of the most influential executives on Wall Street, warned that Trump’s tariff plan was “likely” to exacerbate inflation. “Whether or not the menu of tariffs causes a recession remains in question, but it will slow down growth,” he wrote in his annual letter to shareholders.Dimon added: “The quicker this issue is resolved, the better because some of the negative effects increase cumulatively over time and would be hard to reverse.”The billionaire fund manager Bill Ackman, who backed Trump’s campaign for the presidency, has also demanded the administration reconsider its plan. “We are heading for a self-induced, economic nuclear winter,” he wrote on X, formerly Twitter.Even Elon Musk, a close ally of Trump, currently leading the so-called “department of government efficiency” inside the government, appeared to break with the administration on the issue. Peter Navarro, Trump’s top trade adviser, “ain’t built shit”, Musk wrote on X, which he owns, this weekend.Navarro, for his part, insisted in a television interview on Monday morning that the stock market would find a bottom. Less than hour later, when New York opened for trading, the search continued.The technology-focused Nasdaq Composite started the day down 4.3%, before switching in and out of the red. It ended the day broadly flat, up by 0.1%. The VIX “fear index” of volatility rose as high as 60 for the first time since August.Oil prices also came under pressure, with Brent and WTI benchmarks stooping to their lowest levels in four years, as growing economic tensions between Washington and Beijing stoked fears that a global downturn would challenge demand.Sir Richard Branson, co-founder of Virgin Group, argued the “predictable and preventable” market chaos would have “catastrophic” implications for people in the US and around the world, and claimed companies were already going bankrupt as a result of the weaker dollar and higher costs.“This is the moment to own up to a colossal mistake and change course,” Branson wrote on X. “Otherwise, America will face ruin for years to come.” More
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The Guardian view on Starmer’s choices: time to be bold | Editorial
In his speech to the Labour party conference in 2005, Tony Blair used a seasonal analogy to make the case for embracing disruptive but inevitable change. “I hear people say we have to stop and debate globalisation,” Mr Blair told delegates. “You might as well debate whether autumn should follow summer.”Twenty years on, to quote the billionaire US hedge fund manager Bill Ackman, it is the threat of a self-inflicted “economic nuclear winter” that haunts the global economy. Donald Trump’s imposition of swingeing US tariffs has unleashed mayhem on stock markets across the world, upending assumptions governing the world trade order since Bretton Woods. As Darren Jones, the chief secretary to the Treasury, said at the weekend: “Globalisation as we’ve known it for the last couple of decades has come to an end.”What that means for the Labour government he serves and for Britain is both fraught with consequence and, to a significant degree, beyond Whitehall’s control. Second-guessing Mr Trump’s ultimate intentions – and the political and economic risks that he is willing to take, as consumers suffer the consequences of a trade war – is a futile exercise. But as the White House seeks to bully, intimidate and coerce its way to a new settlement between the US and the rest of the world, the risk of a global recession is clear.What Sir Keir Starmer described on Monday as a “new era” will require strategic boldness from an habitually cautious prime minister. Sir Keir should, for example, now go further and faster to reset relations with the EU, the UK’s biggest trading partner by far. That may involve an uneasy balancing act if EU countries decide to retaliate against Mr Trump, as the government seeks a trade deal with the White House and related tariff mitigation. But the alternative is unsplendid and impotent isolation, and a future “special relationship” with the US that approximates ever more closely to vassal status.Domestically, a reset is also required. Speaking in the West Midlands, Sir Keir announced modest measures to assist the UK car industry, hammered by 25% tariffs on exports at a time when it is also dealing with the pressures of the green transition. The prime minister described this as a “downpayment” on future support. But supply-side plans to relax electric vehicle targets for manufacturers send the wrong environmental message, when what is needed are radical measures to turbocharge consumer demand.The problem, paradoxically for a prime minister who defines himself as a pragmatist, is ideology. As the UK faces potentially huge economic headwinds, Labour’s industrial strategy will need to be bigger, more interventionist and less constrained by the redundant economic orthodoxies to which it continues to pay obeisance. Aspirations to drive significant growth through a combination of budgetary conservatism and deregulation were already looking doomed prior to Mr Trump’s act of sabotage last week. Following “liberation day”, Sir Keir’s ongoing insistence that the government will stubbornly persist with its fiscal rules begins to look like an act of national self-harm.Mr Blair’s old message on globalisation, addressed to post-industrial regions suffering the effects of unleashed market forces, used to be to adapt or face the consequences. As Mr Trump gambles on the fate of the world economy, making up the rules as he goes along, Labour will need to do precisely that, and at pace.
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