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In the news today: President Donald Trump unveils sweeping new tariffs; Hungary announces plans to withdraw from the International Criminal Court; and a look at the people ensnared in Trump's campaign against pro-Palestinian activism at US colleges. Also, archaeologists discover a Roman mass grave in Vienna, which may hold a key to the founding of the city. |
President Donald Trump holds a signed executive order during an event to announce new tariffs in the Rose Garden of the White House, Wednesday. (AP Photo/Evan Vucci)
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Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars |
President Donald Trump on Wednesday announced far-reaching new tariffs on nearly all U.S. trading partners that threaten to dismantle much of the architecture of the global economy and trigger broader trade wars. Read more. |
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- Trump said he was placing elevated tariff rates on dozens of nations that run trade surpluses with the United States, while imposing a 10% baseline tax on imports from all countries in response to what he called an economic emergency. The 10% rate will be collected starting Saturday, and the higher rates will be collected beginning April 9.
Trump was fulfilling a key campaign promise as he imposed what he called "reciprocal" tariffs on trade partners, acting without Congress under the 1977 International Emergency Powers Act. But his action Wednesday could jeopardize Trump's voter mandate in last year's election to combat inflation. Several Republican senators, particularly from farm and border states, have questioned the wisdom of the tariffs. U.S. stock market futures sold off sharply overnight in anticipation of the economy weakening, after having already dropped since the start of this year.
Longtime trading partners are preparing their own countermeasures.
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Hungary welcomes Netanyahu and announces it's quitting top war crimes court
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Israeli Prime Minister Benjamin Netanyahu arrived in Hungary's capital early Thursday to red carpet treatment, despite a warrant for his arrest issued by the world's top war crimes court. Hungary's government, led by its populist prime minister and Netanyahu ally, Viktor Orbán, used the occasion of the Israeli leader's visit to announce it will begin procedures to withdraw from the International Criminal Court. Read more. |
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The ICC said when issuing its warrant that there was reason to believe Netanyahu and former Israeli Defense Minister Yoav Gallant used "starvation as a method of warfare" by restricting humanitarian aid to the Gaza Strip, and intentionally targeted civilians in Israel's campaign against Hamas — charges that Israeli officials deny.
Member countries of the ICC, such as Hungary, are required to arrest suspects facing a warrant if they set foot on their soil, but the court has no way to enforce that and relies on states to comply. After the ICC issued the warrant in November, Orbán accused the world's only permanent global tribunal for war crimes and genocide of "interfering in an ongoing conflict for political purposes," saying the move undermined international law and escalated tensions.
- Neither the United States or Israel are signatories to the ICC. Trump in February issued sanctions against the court for its investigations into Israel's conduct of the war in Gaza which has killed tens of thousands of Palestinians, many of them children.
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A look at the people ensnared in Trump's campaign against pro-Palestinian activism at US colleges
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Since President Donald Trump took office, the U.S. government has used its immigration enforcement powers to crack down on international students and scholars at several American universities who had participated in pro-Palestinian demonstrations or criticized Israel over its military action in Gaza. Many protesters have said they were speaking out against Israel's actions in the war. Read more. |
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Neapolitan meatballs with ragu sauce. (Milk Street via AP)
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These streamlined Neapolitan meatballs are made with panko breadcrumbs
Naples may be famous for its pizza, but the meatballs are just as deserving of worldwide acclaim. Despite their impressive size, the meatballs in this recipe are light and ultra-tender, thanks to a high ratio of bread to meat. |
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Please let us know what you think of this newsletter. You can sign up for more and invite a friend here. For news in real time visit APNews.com. - Sarah |
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