Trump Fires NSC Officials; Tariffs Trigger Market Turmoil
Key Takeaways
- Trump fired six NSC officials, including NSA director Tim Haugh, after meeting with Laura Loomer.
- Trump's tariffs triggered market turmoil, with the Nasdaq falling 6% and increasing recession fears.
- 19 Democratic AGs sued Trump over an executive order seeking to overhaul the nation’s elections.
- Trump threatened to freeze $510M in grants to Brown University after Palestinian solidarity protests.
- Mel Gibson, a Trump supporter, will own guns again after DOJ approval by Attorney General Pam Bondi.
White House Watch
Trump fired NSC officials, Democrats denounce Haugh dismissal
On April 3, 2025, President Trump fired six National Security Council officials after a meeting with Laura Loomer. On April 3, 2025, Donald Trump reportedly fired NSA director Gen Tim Haugh, civilian deputy Wendy Noble, and Maggie Dougherty, according to a 2025-04-04 report, leading to denouncement from top congressional Democrats.
Trump threatens to freeze funds to Brown University
As reported on 2025-04-04, Governor Gavin Newsom plans to request exemptions from President Trump's retaliatory tariffs for California's exports. On 2025-04-04, it was reported that President Trump has threatened to freeze $510m in grants to Brown University in Rhode Island following last autumn’s Palestinian solidarity protests.
Mel Gibson to own guns again after DOJ approval
Dr. Mehmet Oz confirmed to lead Medicare/Medicaid
Trump threatens to withhold funding over DEI programs
TikTok divestiture deadline looms on April 5
JD Vance: Musk to remain advisor to Trump
Emhoff's firm reached agreement with Trump administration
Tariff Fallout
Trump's tariffs trigger market turmoil, recession fears
On April 3, 2025, Trump's tariff announcement triggered global financial market turmoil, causing trillions in losses and increasing recession fears. The three major US stock funds experienced their worst day since June 2020, with the Nasdaq falling 6%, and the Dow Jones dropping significantly, according to a report published on the same day.
Canada to retaliate with 25% tax on US vehicles
Republicans criticize Trump's tariffs amid market decline
On April 3, 2025, Republican senators began to publicly criticize Trump's tariffs as bad policy in response to the tanking stock markets and international criticism. Four Republican senators openly defied Trump by voting for a Senate resolution from Democrats demanding the reversal of 25% tariffs on Canadian products, with senators Paul, Collins, Murkowski and Tillis expressing concerns.
Experts disagree with Trump's 'reciprocal' tariff claim
Trump's tariffs based on trade deficits, not other tariffs
Trump announces 10% baseline tariff on all imports
On April 2, 2025, President Trump announced a baseline of 10% tariffs on imports into the United States, with higher tariffs on goods from some countries. On 2025-04-03, Trump announced that the U.S. would begin applying a universal baseline tariff of 10% on imported goods from all foreign countries, in addition to existing tariffs.
Restaurants warn tariffs will hit them hard
Trump announces new tariff campaign, mixed reactions
Lutnick: Tariffs will bring factories to the U.S.
Economists disagree tariffs will shrink trade deficit
Economist: Trump's trade view overly simplistic
China condemns US's new tariffs on Chinese goods
UK politicians react to Trump's tariffs
On 2025-04-02, Jonathan Reynolds mentioned that business leaders are advising the government to remain calm regarding US tariffs. Badenoch offered to help Labour with US trade talks, stating that Trump's tariffs will make 'all of us poorer', and Keir Starmer stated that Trump's tariffs are the start of a 'new era'.
Courts & Laws
AGs sue Trump over election overhaul executive order
On 2025-04-03, a coalition of 19 Democratic attorneys general filed a lawsuit against the Trump administration, challenging an executive order seeking to overhaul the nation’s elections, arguing it was “unconstitutional, anti-democratic, and un-American”. The lawsuit, filed in federal court in Massachusetts, challenges proof-of-citizenship requirements for voter registration and new rules for mail ballots.