Author: WTX News Editor

The WTX News Teams works around the clock to deliver, breaking news and news Briefings to you on a daily basis. It is our opinion that sometimes you need information, not speculation so we try to cut through the bull**** and give you that in your Daily News Briefing.

Trump slaps broad tariffs on imports Trump slaps broad tariffs on imports: U.S. President Donald Trump announced Wednesday his long-awaited plan to impose what he’s calling “retaliatory” tariffs on imports coming from dozens of countries — but the White House said there will be no more across-the-board levies applied to Canada than what has previously been announced. Musk backlash stings Tesla: Tesla sales declined 13% in the first three months of the year, another sign that Elon Musk’s…

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Trump puts 10% tariffs on all nations Trump Imposes 10% Tariffs on All Nations: Former President Donald Trump announces sweeping tariffs on all imports, with higher rates on key trading partners like China (34%), the EU (20%), and Vietnam (24%). He calls it “Liberation Day” for the U.S. economy. Democrats See Hope in Special Elections: Democratic wins in the Wisconsin Supreme Court race and closer-than-expected results in Florida’s congressional elections suggest weakening Republican margins, posing…

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World war fee Trump Imposes Major Tariffs on Imports: Former President Donald Trump announces sweeping tariffs on nearly all imported goods, including a baseline 10% tariff and much higher rates for certain countries (e.g., 34% on China, 20% on the EU, and 67% on Vietnam). Here’s a quick summary of the key story on the front page of the New York Post (April 3, 2025):

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Trump proudly touts sweeping tariffs Trump Announces Sweeping Tariffs: Former President Donald Trump unveils new global tariffs, raising U.S. import taxes to the highest level since WWII, sparking fears of a trade war. San Quentin Death Row Inmate’s Book Fair Collection: A death row inmate at San Quentin, Albert Jones, documents his life and sells journals and personal items at a prestigious book fair. Sierra Nevada Snowpack Breaks Records: The near-average snowpack marks the third…

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Trump announces fresh wave of US tariffs – Almost all of Thursday’s headlines are dissecting the tariffs announced by the US president yesterday. The UK was hit with a baseline 10% tariff, whilst the EU (who are preparing to retaliate) were hit with a 20% levy – some countries fared even worse with fees as high as 40%.

The UK newspapers generally express relief that the tariffs were not as bad for the UK as expected, with right-leaning media highlighting Brexit’s role in saving Britain from the 20% levy for the EU. The tariffs are set to come into effect on Saturday, with some headlines reporting there is still wiggle room for a deal to be carved out between the UK and US before the tax comes into effect.

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Thursday’s headlines are, of course, dominated by yesterday’s news that the US will introduce a baseline 10% tariff on the world, including the UK and other countries, and are facing far higher tariffs, including the EU being hit with a 20% levy. 

The headlines are in general agreement that the UK being hit with the baseline tariff is far less severe than what was expected, and there could be some wiggle room as the tariffs don’t come into effect on Saturday.

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Cliff Notes President Trump has implemented a 10% baseline tariff on imports from all nations, with higher tariffs on specific countries identified as "worst offenders," including 34% on China and 20% on the EU. The declaration of a national emergency allows Trump to regulate imports without negotiation, impacting countries like Canada and those in Southeast Asia, which face steep tariffs. The tariffs are expected to have significant repercussions for trade relations, particularly impacting China’s Economy…

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