Friday, 11 April 2025

China raised retaliatory tariffs on U.S. imports to 125% following Trump's escalation of tariffs on Chinese goods to 125% on top of existing 20% tax, marking a significant escalation in the trade war. Stock markets experienced volatility with European markets slipping into red amid trade war fears.

Trump's tariff policies have created concerns about the U.S. dollar's safe-haven status and the stability of Treasury bonds, with some experts warning that unpredictable trade policies are undermining confidence in U.S. financial assets once considered 'risk free.'

Trump will end Temporary Protected Status (TPS) for Afghans and Cameroonians, putting more than 10,000 people on track for deportation in May and June. The Department of Homeland Security announced this action as part of Trump's immigration enforcement efforts.

The Supreme Court ordered the Trump administration to return a Maryland man who was wrongly deported to El Salvador to the United States. The Department of Justice initially told the court it could not locate the man, which a U.S. judge called 'extremely troubling.'

Human rights advocates filed a lawsuit challenging Trump's executive order imposing sanctions on the International Criminal Court, arguing it violates constitutional rights to share information with the court's chief prosecutor.

Immigration agents were turned away after attempting to enter an Los Angeles elementary school to locate five students in first through sixth grades. The school district barred the Department of Homeland Security agents from entering the campus.

Documents reveal Trump's budget plan would significantly cut funding for NASA and climate science, with critics warning NASA faces an 'extinction-level event' and climate research funding will be slashed.

Ukrainian allies promised €21 billion in military support for Kyiv at a defense contact group meeting, with Trump urging Russia to 'get moving' on a potential deal. Russian media reported Trump's envoy Steve Witkoff would meet Putin for Ukraine talks.

Trump threatens additional tariffs and sanctions on Mexico over a long-standing water dispute, citing the growing water debt Mexico owes the United States under a treaty governing shared river use between the two countries.

Major law firms including Cadwalader and Latham & Watkins agreed to provide $600 million in pro bono work to Trump-backed causes to avoid punitive executive orders. Separately, dozens of prestigious law firms have scrubbed DEI references from their websites.