Trump to Unveil Country-Based Tariffs April 2 in Rose Garden…
What Does It Mean – President Donald Trump plans to announce a reciprocal tariff strategy targeting specific countries on April 2, 2025, at the White House Rose Garden. This policy aims to address trade imbalances by imposing tariffs proportional to those levied by trading partners on U.S. goods. Key points include immediate implementation post-announcement, as confirmed by his spokeswoman, and a focus on economic reciprocity. The move has sparked concerns over potential global trade disruptions, with Treasury Secretary Scott Bessent highlighting the 3 p.m. announcement time. Significant conclusions suggest a shift in U.S. trade dynamics, potentially escalating international tensions. Read more.
EU Readies ‘Strong Plan’ for Trump’s Global Tariff Strike…
What Does It Mean – The European Union is preparing a robust counterstrategy to President Donald Trump’s proposed reciprocal tariffs, set for announcement on April 2, 2025. EU Commission President Ursula von der Leyen emphasized a preference for negotiation but readiness to retaliate if necessary, targeting U.S. service exports, particularly Big Tech, where the U.S. holds a trade surplus. The plan includes potential suspension of intellectual property rights and exclusion of U.S. firms from public procurement. This response aims to mitigate the economic fallout from Trump’s tariffs, which could disrupt global trade and slow U.S. growth. Read more.
Harvard Threatened by Trump With $9 Billion of Funds at Risk…
What Does It Mean – The Trump administration is set to scrutinize approximately $9 billion in federal grants and contracts awarded to Harvard University, citing unchecked antisemitism on campus as the primary concern. Announced on March 31, 2025, this review targets $8.7 billion in multi-year grants and $255.6 million in contracts, reflecting a broader crackdown on perceived ideological issues in higher education. Education Secretary Linda McMahon emphasized that Harvard’s reputation is at risk, while the move has raised alarms among faculty and students about potential threats to academic freedom and research funding. Read more.
Intel CEO Lip-Bu Tan Says Company Will Spin Off Non-Core Units…
What Does It Mean – Intel Corp.’s new CEO, Lip-Bu Tan, has outlined a strategic shift to revitalize the company, emphasizing the recruitment and retention of top engineering talent as a critical priority. Announced on March 31, 2025, this initiative accompanies plans to spin off non-core assets and develop custom semiconductors to better align with customer needs. Tan aims to address Intel’s loss of engineering expertise, improve its financial position, and streamline manufacturing processes. This move signals a push to restore Intel’s competitive edge in the semiconductor industry amid evolving technological demands. Read more.
Child complains of ‘monster’ under the bed. Babysitter then comes face-to-face with man hiding there…
A babysitter looked under a bed to reassure a worried child that there wasn’t a monster hiding there — and came face-to-face with a man who wasn’t supposed to be there, a sheriff’s office in Kansas said in a news release.
The 27-year-old was booked into jail this week after a struggle with the babysitter that knocked the child to the ground.
The Barton County Sheriff’s Office said deputies were called late Monday to the home near Great Bend, a city of around 15,000 in the western part of the state. The suspect was gone when they arrived, but the babysitter told them that the child had been complaining about a “monster” before she found the suspect.
The man once lived in the home, but that there was a protection from abuse order issued against him to stay away from the property, the sheriff’s office said.
Deputies searched but were unable to find the man until the next day, when he was captured after a foot chase.
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