The Daily Populous

Wednesday April 9th, 2025 morning edition

image for Trump's 104% tariffs on China to take effect at midnight, quashing earlier market gains

Japan's Nikkei saw a broad sell-off on Wednesday morning and other Asian markets were braced for falls, hours before the tariffs were set to take effect.

"These are tailored, highly tailored deals," Trump said at a White House event, where he signed executive orders aimed at boosting coal production.

But the White House made clear that country-specific tariffs of up to 50 per cent would nevertheless take effect at 12:01 a.m.

WATCH | How China is fighting Trump's tariffs: U.S. trade war: How China is fighting Trump’s tariffs Duration 25:39 China is hitting the U.S. in a vulnerable spot as the trade war escalates between the two.

Then, Andrew Chang explains why the math used to determine President Donald Trump’s global reciprocal tariffs is misleading.

Citing rising external risks, Citi cut its 2025 China GDP growth forecast to 4.2 per cent from 4.7 per cent.

Three out of four Americans expect prices to rise as Trump's tariffs kick in, according to a Reuters/Ipsos poll. »

AP wins reinstatement to White House events after judge rules government can’t bar its journalists

Authored by apnews.com

The decision, while a preliminary injunction, handed the AP a major victory at a time the White House has been challenging the press on several levels.

In its action filed on Feb. 21, the AP sued Leavitt, White House chief of staff Susie Wiles and deputy chief of staff Taylor Budowich.

“The government offers no other plausible explanation for its treatment of the AP,” the judge wrote. »

Cops investigating if Missouri foster mom traded a kid for a monkey to boost her exotic animal collection

Authored by independent.co.uk

A foster mom in Missouri has been taken into custody, as authorities investigate whether she gave up one of her children in exchange for a monkey.

Brenda Deutsch, of Winfield, Missouri, fostered more than 200 children over the years as well as reportedly being a collector of exotic animals.

open image in gallery Foster mom Brenda Deutsch faces three felony counts of neglect, child abuse and child endangering, according to Missouri officials. »