SmartNews

President Donald Trump remains entrenched in his belief that tariffs will boost the U.S. economy, despite last week's historic sell-off — but MSNBC's Jonathan Lemire said his allies are wondering if there's an off-ramp.

Stock futures jumped by 2 percent Tuesday after another volatile day on Wall Street, which witnessed the highest trading volume in nearly two decades. Lemire reported on "Morning Joe" that Republicans are starting to freak out about the sweeping tariffs against nearly 100 trading partners worldwide and their impact on the American economy.

With economists warning that U.S. President Donald Trump's trade war will raise the cost of living for millions of American families and could soon fuel a recession, the economic justice group Patriotic Millionaires on Monday unveiled a "bold, surprisingly simple economic framework" to stop the oligarchy from amassing more power at the expense of working people and "permanently stabilize the economic lives of working people."

Four pieces of legislation would form the basis of America 250: The Money Agenda, which Patriotic Millionaires proposed at an "expert town hall" titled "How to Beat the Broligarchs."

For nearly three decades, a little-known federal agency has provided millions of dollars in support and funding to Mississippi’s colleges and universities museums, to libraries and to cultural institutions, including the Margaret Walker and COFO Civil Rights Center at Jackson State University.

In 2011, the state’s largest historically Black university’s cultural center and museum, received a $48,000 grant from the Institute of Museum and Libraries Services. The grant paid for staff to travel and learn about the historical preservation work from larger museums and institutions across the country.

"As DOGE rips through the federal government, Texans wonder what it means for them" was first published by The Texas Tribune, a nonprofit, nonpartisan media organization that informs Texans — and engages with them — about public policy, politics, government and statewide issues.

Sign up for The Brief, The Texas Tribune’s daily newsletter that keeps readers up to speed on the most essential Texas news.

CNN's Stephen Collinson believes that there is no easy way out for President Donald Trump when it comes to his trade war — and that means the American economy is headed for what he describes as an "ugly endgame."

In his latest analysis, Collinson makes the case that Trump has backed himself into a corner by refusing to budge from his trade wars with nearly every nation on the planet, including a remote island that is primarily populated by penguins.

Former Wisconsin Supreme Court Justice Michael Gableman, who led a widely derided review of the 2020 presidential election, searching for evidence for baseless accusations of fraud, will have his law license suspended for three years, according to a stipulated agreement between him and the state Office of Lawyer Regulation (OLR).

Law Forward, the progressive voting rights focused firm, filed a grievance against Gableman with the OLR in 2023. The OLR filed a complaint against Gableman in November that alleged, among other counts, that he had failed to “provide competent representation” and to “abstain from all offensive personality” and of violating attorney-client privilege.

Conservative Justice Amy Coney Barrett once again found herself the subject of a full-on MAGA meltdown on Monday as allies of President Donald Trump targeted her for siding with the high court’s liberal justices in a brutal takedown of the Trump appointee.

Barrett was noticeably missing from the Supreme Court’s conservative majority ruling that handed Trump a legal victory as it upheld the administration’s use of the Alien Enemies Act to deport migrants it alleges are gang members.

The Wall Street Journal's conservative editorial board laid into the Trump administration again Monday night as it actively fights against efforts to return a wrongfully deported man from a notoriously brutal Salvadoran prison to the United States.

Kilmar Abrego Garcia of Maryland was mistakenly sent to a mega-prison last month, and the Trump administration acknowledged his deportation was due to an "administrative error."

As President Donald Trump moves ahead with his plan to impose sweeping tariffs on imported goods from the rest of the world, one typically vocal pro-Trump figure has remained largely absent from the cheerleading — tech billionaire Elon Musk, who, according to The Washington Post, has fruitlessly tried to lobby Trump against his scheme.

Musk, the de facto leader of the Department of Government Efficiency task force, has enthusiastically moved to lay off huge swathes of the civil service and suspend government agencies and programs across the board — but he and his businesses stand to lose billions from a shutdown of world trade.

A key Cabinet member for President Donald Trump has confused the business community and even gotten under the MAGA leader's own skin, according to a report.

Commerce Secretary Howard Lutnick has played a key role in shaping Trump's economic policy — including helping craft the president's market-plunging tariff policy. But Lutnick is "frustrating" executives and senior White House officials, who have come away from encounters with Lutnick "exasperated," the Wall Street Journal reported late Monday, citing roughly a dozen people.

President Donald Trump’s new trade threats targeting China prompted officials in Beijing to hit back with their own cryptic message on Monday – an escalation that CNN’s Erin Burnett demonstrated will have real-world effects on American consumers.

“China punching back, aiming an ominous tweet moments ago at Trump,” Burnett said as she summed up Monday’s fast-moving events, which included the Chinese embassy’s official social media account simply tagging “@realDonaldTrump” in a post.

President Donald Trump has already perturbed markets and boosted the risk of a recession with his draconian worldwide tariff scheme — but there's another plan from his administration, less noticed by the media, that could also devastate U.S. markets, said Flexport CEO Ryan Petersen, and it concerns expensive new fees on container vessels bringing goods into America.

Specifically, wrote Petersen, "On April 17th the U.S. Trade Representative's office is expected to impose fees of up to $1.5M per port call for ships made in China and for $500k to $1M if the ocean carrier owns a single ship made in China or even has one on order from a Chinese shipyard."

Supporters of President Donald Trump’s hardline deportation policy took a victory lap on Monday following the Supreme Court’s decision to uphold the administration’s use of the Alien Enemies Act to deport Venezuelan migrants.

The Monday legal win for Trump overturned U.S. District Judge James Boasberg’s ruling temporarily blocking administration officials from moving forward with deportations under the wartime act– which an appeals court left untouched last week.