Tuesday, April 8 | By Cate Martel |
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It's Tuesday. Have you heard that scientists kind of brought back dire wolves after 13,000 years of extinction? *quietly starts humming the "Jurassic Park" theme song* I'll explain more below. | - Stocks regain some ground
- GOP tariff rebellion forms
- Johnson's growing Trump agenda hurdles
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Hey, the stock market had a pretty good morning!: |
*insert Victoria Ratliff's thumbs up* I usually feel like the bearer of bad news these days, but the U.S. stock market bounced back a bit at opening this morning. The numbers: The Dow Jones Industrial Average rose 3.4 percent at opening, the S&P 500 was up 3.2 percent and the Nasdaq composite was up 3.6 percent. What changed?: The Trump administration expressed willingness to negotiate with some countries. There have been mixed messages, though. Trump and Treasury Secretary Scott Bessent suggested they could reach agreements with Japan, South Korea and Vietnam — but Trump also said there can be "permanent tariffs" and "negotiations." When will Trump's tariffs kick in?: At 12:01 a.m. EDT Wednesday. 🗨️ Follow today's live blog |
➤ ELON MUSK VS. TRUMP'S TOP TRADE ADVISER: |
Tech billionaire Elon Musk called President Trump's trade adviser Peter Navarro a "moron" and "dumber than a sack of bricks" over tariffs. 😶 The gist: Navarro claimed Tesla is not a "car manufacturer" but a "car assembler" using parts from other countries. Musk did not like this comment — he argues Tesla "has the most American-made cars." |
President Trump is hedging an enormous bet with the U.S. economy — and Republicans are eager for an off-ramp. A GOP rebellion is forming: Seven Republican senators have signed onto a bill to restrict Trump's tariff power. The proposal would require the president to give Congress 48 hours' notice of any new tariffs, plus congressional approval within 60 days. The White House unsurprisingly opposes this: Trump threatened to veto the bill that would limit his tariff power. This morning, Sen. Ron Wyden (Ore.), the top Democrat on the Senate Finance Committee, announced that he's introducing a measure to curb Trump's tariff power. Republicans in farm states are particularly concerned: GOP senators from farming states like Arkansas, Indiana, Iowa, Kansas, North Carolina, North Dakota, Oklahoma and South Dakota are concerned about the economic pain their constituents may feel. |
A major reason Trump won the election in 2024 is because of the economy. Nagging inflation had been a major weak spot for the Biden administration. But depending on how these tariffs play out, his greatest electoral strength could become one of his biggest vulnerabilities. The Hill's Jared Gans examined recent polling, which shows growing opposition to his steep import taxes. "Though the situation is fluid and voter sentiment could change, the numbers suggest the president has found himself in new, more volatile political territory that has the potential to damage him and the rest of his party heading into the midterms." Read more: 'Trump risks losing ground with voters on the economy' |
The Washington Post: Trump wants to build a new economy with tariffs but faces a big obstacle: Himself The New York Times: Tech C.E.O.s Spent Millions Courting Trump. It Has Yet to Pay Off. The Wall Street Journal: Trump Turns Screws on China, Leaves Door Open to Deals With Other Countries Politico: Bessent flew to Florida to lobby Trump on tariff message |
Trump is revoking legal status for nearly 1M migrants: |
The Department of Homeland Security is terminating legal status for 985,000 migrants who entered the U.S. through the Biden administration's CBP One app. Who is affected?: Affected immigrants will receive email notices telling them to self-deport. An exemption: "Those who entered the country as part of the Uniting for Ukraine program and Afghans who entered under Operation Allies Welcome are not impacted," per The Hill's Rebecca Beitsch. |
It's becoming a 3D puzzle: |
Speaker Mike Johnson (R-La.) is hoping to unlock the process of passing President Trump's agenda with a Wednesday vote — but a GOP rebellion is making it an extremely heavy lift. Walk me through it: At least 10 House Republicans (but probably more) have said they will vote against the Senate-passed measure because it does not guarantee big spending cuts. Happening today: A group of House Republicans is meeting with Trump to discuss the stalled agenda as he pushes for them to get on board. Read The Hill's Mychael Schnell and Emily Brooks reporting: 'Growing opposition from House conservatives threatens to derail Trump's agenda' |
The Supreme Court gave Trump the green light: |
"The Supreme Court sided with the Trump administration Tuesday by enabling officials to fire thousands of federal workers in their probationary period, saying the government employee unions that sued don't have legal standing," reports The Hill's Zach Schonfeld. Keep in mind: Liberal Justices Sonia Sotomayor and Ketanji Brown Jackson both publicly dissented. For context: "The emergency ruling, for now, lifts one of two lower court orders reversing the mass terminations. The other injunction, which has not yet reached the high court, remains in effect and still protects many employees' jobs." |
This headline gives me serious déjà vu: |
Former New Hampshire Gov. Chris Sununu (R) announced that he will *not* run for the open Senate seat in 2026. Doesn't it feel like there's always speculation about Sununu running for another office? Sununu told WMUR: "It's just not the right decision for me or my family." 📹 Watch Sununu explain his reasoning Why this is interesting timing: Trump revealed that he met with Sununu in the Oval Office. Trump said he hoped Sununu would run. Keep in mind: This is expected to be one of the biggest Senate races in 2026. New Hampshire is very purple, and Sununu is well-liked in the state. Rep. Chris Pappas (D-N.H.) — of chicken tender staple Puritan Backroom fame — announced that he is running. And keep your eyes on former Massachusetts Sen. Scott Brown, a Republican who is eyeing a potential run for the seat. He praised Sununu this morning in a statement. |
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The House and Senate are in. President Trump is in Washington. (All times EST) |
12:30 p.m. Senators meet for weekly caucus meetings.
1 p.m. White House press secretary Karoline Leavitt briefs reporters. 💻 Livestream
2 p.m. State Department spokesperson Tammy Bruce holds a press briefing. 💻 Livestream 2:15 p.m. Two Senate votes. More votes are expected later. 📆 Today's agenda 3 p.m. Trump signs an energy-related executive order. 6:45 p.m. Trump speaks at a National Republican Congressional Committee dinner at the National Building Museum. 💻 Livestream |
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🥟 Celebrate: Today is National Empanada Day. 🐺 OK, so are dire wolves back …?: A company named Colossal Biosciences appears to have brought back the dire wolf by genetically modifying DNA extracted from fossils, reports The New York Times's Carl Zimmer. Three wolves that share DNA with the 13,000-year-old species were born. Their names are Romulus, Remus and Khaleesi (yes, Khaleesi is after the "Game of Thrones" character.) Sigh, have we learned *nothing* from the "Jurassic Park" series? 📸 Photos of the new dire wolves |
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© GIPHY / Game of Thrones |
🦚 I'm definitely not laughing at this: Former British Prime Minister Boris Johnson was pecked by a feisty ostrich during a sightseeing trip. His wife, Carrie Johnson, was a real one for posting the clip. 📹 Watch 🎈 It's my party and I'll have a military parade if I want to: The Trump administration is planning a military parade on June 14 to celebrate the president's 79th birthday — and the Army's 250th anniversary. It will stretch from the Pentagon to the White House, per Washington City Paper. 🍽️ Agree with this list?: Food and Wine announced its list of the airports with the best dining experiences. Atlanta, O'Hare and JFK top the list. 📝 Top 10 airports with the best food |
📺 Miss yesterday's newsletter? Catch up with a 1-minute video recap here. |
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