Trump’s ‘reciprocal’ tariffs take effect globally

[CRAIG NIGRELLI]

GOOD MORNING

I’M CRAIG NIGRELLI

IT’S WEDNESDAY APRIL 9TH, 2025 

AND THESE ARE YOUR UNBIASED UPDATES:

PRESIDENT TRUMP’S TARIFFS OFFICIALLY GO INTO EFFECT AND THE PRESIDENT TOUTS THEIR EFFECTIVENESS.  THIS MORNING HOW  CHINA AND THE EUROPEAN UNION APPEAR TO BE STRATEGIZING FOR WHAT TO DO NEXT.   

AND — ANOTHER SHAKE-UP AT THE I-R-S. THIS TIME OVER SO-CALLED DATA SHARING **AND** IMMIGRATION POLICY.  THIS MORNING, WHO’S OUT AND AN IN-DEPTH LOOK AT THE CIRCUMSTANCES, 

L3: TRUMP’S SWEEPING ‘RECIPROCAL’ TARIFFS TAKE EFFECT, INCLUDING 104% ON CHINESE GOODS

THIS MORNING — PRESIDENT DONALD TRUMP’S SWEEPING TARIFFS ON MORE THAN 100 COUNTRIES AROUND THE WORLD ARE OFFICIALLY IN EFFECT NOW… INCLUDING 104 PERCENT TARIFFS ON IMPORTS FROM CHINA, SPECIFICALLY.

THE IMPACTS ARE ALREADY BEING FELT AROUND THE WORLD — WITH ASIAN AND EUROPEAN STOCK SHARES SLIDING.

JAPAN’S NIKKEI  index DIPPING MORE THAN 5 PERCENT.  IT’S TAIWAN THAT LED the LOSSES IN ASIA — AS ITS market PLUNGED 5 POINT 8 PERCENT.

BIG TECH MANUFACTURERS WERE AMONG THE BIGGEST DECLINERS.

IN EUROPE, BRITAIN’S “FOOTSIE” 100 INDEX FELL ABOUT 1 POINT 5 PERCENT AS THE COUNTRY FACES president TRUMP’S “BASELINE” 10 PERCENT TARIFF.

MEANWHILE — U-S STOCK MARKET FUTURES POINT TO CONTINUED UNCERTAINTY.

DESPITE THAT — PRESIDENT TRUMP TOLD A REPUBLICAN GATHERING TUESDAY NIGHT THAT HIS TARIFF PLAN IS WORKING.

“We’re making a fortune with tariffs. Two billion dollars a day. Do you believe it? I was told two billion dollars a day.”

“In addition, we have a lot of countries coming to see us, they want to make a deal.”

“Japan is coming here as we speak. They’re in a plane flying, lots of them coming here as we speak. They’re in a plane flying, lots of them, all tough negotiators. But things that people wouldn’t have given us two years ago, wouldn’t even have thought of it — two years, three years ago. Five years ago — seven — they’ve given us everything. They don’t want tariffs on themselves.”

JAPAN IS FACING 24 PERCENT TARIFFS.

AND CHINA NOW SAYS IT WILL TAKE QUOTE “RESOLUTE MEASURES” TO DEFEND ITS TRADING RIGHTS — BUT OFFICIALS HAVE **NOT** SAID **HOW** THEY WILL RESPOND TO 104 PERCENT DUTIES LEVIED ON CHINESE GOODS.

CHINA’S LEADER XI JINPING HAS NOT PUBLICLY ADDRESSED THE NEW TARIFFS — BUT CHINESE STATE MEDIA IS REPORTING HE MET WITH A SMALL GROUP OF TOP OFFICIALS TO DISCUSS HOW TO BOLSTER TIES WITH CHINA’S NEIGHBORS AND “STRENGTHEN INDUSTRIAL AND SUPPLY CHAIN COOPERATION,” THAT’S ACCORDING TO THE NEW YORK TIMES.

CHINA HAS ALREADY RETALIATED WITH ITS OWN LEVIES ON AMERICAN PRODUCTS — THAT’S WHAT LED TRUMP TO SLAP AN ADDITIONAL 50 PERCENT IN TARIFFS ON CHINESE GOODS YESTERDAY, BRINGING THE TOTAL TO 104 PERCENT.

FOR THEIR PART — EUROPEAN UNION OFFICIALS SAY THEY’RE DRAWING UP PLANS TO TARGET AMERICAN EXPORTS,  HEIGHTENING FEARS OF AN ALL-OUT TRADE WAR AND A POSSIBLE GLOBAL RECESSION.

L3: TRUMP ALLY MUSK CALLS OUT TOP TRADE ADVISER NAVARRO OVER TARIFFS

IN A RELATED TOPICS — TESLA C-E-O AND STAUNCH TRUMP ALLY ELON MUSK CONTINUES TO CRITICIZE THE PRESIDENT’S TARIFFS.

NOW, AN INNER CIRCLE FEUD BETWEEN MUSK AND THE PRESIDENT’S TOP TRADE ADVISER, PETER NAVARRO, IS ESCALATING PUBLICLY…

WITH MUSK TAKING TO HIS SOCIAL MEDIA PLATFORM X TUESDAY TO SAY NAVARRO IS QUOTE “TRULY A MORON.”

IT COMES AFTER NAVARRO TOLD C-N-B-C ON MONDAY TESLA IS MORE OF A “CAR ASSEMBLER” THAN A CAR MANUFACTURER,  SAYING THE VEHICLES ARE MADE FROM PARTS, MANUFACTURED BY OTHER COUNTRIES.

IN A SEPARATE POST, MUSK CLAIMED QUOTE “TESLA HAS THE MOST AMERICAN-MADE CARS”,  CALLING NAVARRO “DUMBER THAN A SACK OF BRICKS.”

WHILE TESLA HAS DOMINATED CARS DOT COM’S AMERICAN-MADE INDEX SINCE 20-21 — BASED ON CRITERIA INCLUDING ASSEMBLY LOCATION, WHERE THE PARTS ARE MADE, ENGINE ORIGIN, TRANSMISSION ORIGIN AND AMERICAN MANUFACTURING WORKFORCE — TESLA IS STILL FEELING SOME OF THE IMPACTS OF PRESIDENT TRUMP’S TARIFFS.

MUSK HAS ALSO PUBLICLY SEPARATED FROM DONALD TRUMP ON TARIFFS — POSTING VIDEOS ABOUT FREE TRADE AND SAYING HE BELIEVES THERE SHOULD BE “ZERO TARIFFS” BETWEEN THE U-S AND EUROPE.

THE WASHINGTON POST REPORTED MONDAY MUSK ALSO MADE A “DIRECT APPEAL” TO THE PRESIDENT.

L3: IRS REACHES DEAL WITH ICE TO SHARE IMMIGRANT TAX DATA

MORE TURMOIL AT THE I-R-S — THIS TIME A HIGH-LEVEL RESIGNATION THAT APPEARS TO HAVE SOMETHING TO DO WITH THE TRUMP ADMINISTRATION’S CRACKDOWN ON ILLEGAL IMMIGRATION.

STRAIGHT ARROW NEWS REPORTER LAUREN KEENAN EXPLAINS WHO’S OUT… AND WHY NOW.

IMMIGRANT RIGHTS GROUPS HAVE FILED A LAWSUIT TO BLOCK THE DATA-SHARING ARRANGEMENT — ARGUING IT BREACHES TRUST AND MAY DISCOURAGE UNDOCUMENTED IMMIGRANTS FROM PAYING TAXES, THOUGH A JUDGE DECLINED TO ISSUE AN EMERGENCY ORDER.

L3: TRUMP ADMIN GIVEN DEADLINE TO PROVIDE EVIDENCE AGAINST DETAINED PROTESTER

NEW DEVELOPMENTS IN THE CASE OF COLUMBIA UNIVERSITY PRO-PALESTINE, ANTI-ISRAEL ACTIVIST, MAHMOUD KHALIL — WHO’S IN FEDERAL CUSTODY FOR HIS ROLE IN CAMPUS PROTESTS AT THE UNIVERSITY BUT HAS NOT BEEN CHARGED WITH A CRIME. 

AN IMMIGRATION JUDGE IN LOUISIANA SAYS SHE WILL DISMISS THE CASE AGAINST KHALIL… IF THE GOVERNMENT DOES NOT PROVIDE EVIDENCE THIS WEEK, OF WHY KHALIL SHOULD BE DEPORTED.

THE JUDGE GAVE THE TRUMP ADMINISTRATION 24 HOURS TO DO SO.

FEDERAL AGENTS TOOK KHALIL INTO CUSTODY LAST MONTH AND TRANSFERRED HIM TO A DETENTION CENTER IN LOUISIANA.

THE DEPARTMENT OF HOMELAND SECURITY ORDERED HIS DEPORTATION, ALLEGING THAT HIS ACTIONS, AS A DEMONSTRATOR COULD, HAVE **POTENTIALLY SERIOUS ADVERSE FOREIGN POLICY CONSEQUENCES FOR THE UNITED STATES**.

THE 30-YEAR-OLD ACTIVIST, WHO WAS BORN IN SYRIA, HAS LEGAL PERMANENT STATUS IN THE UNITED STATES.

HIS SUPPORTERS HAVE BEEN DEMANDING HIS RELEASE SAYING HIS ACTIONS AT COLUMBIA WERE COVERED BY FREE SPEECH.

HIS ATTORNEY TOLD THE COURT, HE HAS NOT RECEIVED A SINGLE DOCUMENT IN  REQUESTS TO THE GOVERNMENT FOR EVIDENCE AND ASSERTIONS IN THE CASE. 

JUDGE JAMEE COMANS GAVE THE FEDERAL GOVERNMENT UNTIL 6 PM EASTERN TONIGHT TO PRESENT THE EVIDENCE AND SAID THAT SHE WILL HAVE A RULING BY FRIDAY. 

L3: SINGER, 2 FORMER MLB PLAYERS AMONG 98 KILLED IN NIGHTCLUB ROOF COLLAPSE

IN THE DOMINICAN REPUBLIC — RESCUE WORKERS CONTINUE THEIR FRANTIC SEARCH FOR SURVIVORS AFTER THE ROOF OF AN ICONIC NIGHTCLUB COLLAPSED EARLY TUESDAY, KILLING AT LEAST 98 PEOPLE AND INJURING MORE THAN ONE-HUNDRED others. 

LOCAL AUTHORITIES SAY about  300 PEOPLE WERE INSIDE THE JET SET NIGHTCLUB IN THE CAPITAL OF SANTO DOMINGO WHEN THE ROOF CAME DOWN. 

THE CATASTROPHE HAPPENED DURING A PERFORMANCE OF MERENGUE ARTIST RUBBY PÉREZ AND HIS ORCHESTRA.

PÉREZ’S MANAGER CONFIRMS THE SINGER WAS AMONG THOSE KILLED.

ALSO AMONG THE VICTIMS — TWO FORMER MAJOR LEAGUE BASEBALL PLAYERS, 

INCLUDING FORMER PITCHER OCTAVIO DOTEL…

AND TONY BLANCO — WHO WAS ALSO THE FATHER OF CURRENT PITTSBURGH PIRATES PROSPECT TONY BLANCO JR.

L3: ARCHAEOLOGISTS DISCOVER TOMB OF UNKNOWN EGYPTIAN PHARAOH

FINALLY THIS MORNING — ARCHAEOLOGISTS HAVE DISCOVERED AN ANCIENT EGYPTIAN TOMB… BELONGING TO A MYSTERY PHARAOH.

THE MASSIVE LIMESTONE BURIAL CHAMBER WAS DISCOVERED IN JANUARY IN ABYDOS (ABB-i-DOS) BY ARCHAEOLOGISTS WITH THE UNIVERSITY OF PENNSYLVANIA’S PENN MUSEUM — ALONG WITH EGYPTIAN ARCHAEOLOGISTS.

THE LAVISH TOMB’S INTENDED OCCUPANT REMAINS A MYSTERY.

GRAVE ROBBERS DAMAGED THE HIEROGLYPHICS PAINTED ON BRICKS AT THE ENTRYWAY — LEAVING THE NAME UNREADABLE.

THE TOMB ALSO DID NOT CONTAIN A MUMMY OR REMAINS THAT COULD HELP IDENTIFY THE PERSON.

HOWEVER, THE RESEARCHERS, WHO MADE THE DISCOVERY, SAY IT’S LIKELY THE RESTING PLACE OF A KING WHO RULED UPPER EGYPT MORE THAN 36-HUNDRED YEARS AGO.

THEY SAY THE SO-CALLED MYSTERY KING MIGHT BE ONE OF SEVERAL WHO ARE NOTORIOUSLY MISSING FROM THE TRADITIONAL RECORDS OF MONARCHS THAT ONCE RULED THE REGION.