Trump Censures and Tariff Halts – 3/6/25

United States

  • U.S. House votes 224-198 to censure Rep. Al Green for disrupting Trump’s speech; 10 Democrats supported the move
  • Trump’s deportation efforts will focus on migrant families who crossed into the U.S. illegally with kids, per NBC
  • President Trump declares no tariffs on USMCA goods exported from Mexico
  • Trump announces a temporary halt on most Mexico export tariffs until April 2
  • Treasury Sec. Bessent notes Trump has ceased pushing for Federal Reserve rate cuts
  • Rep. Tim Burchett claims Epstein files likely don’t exist or are falsified if released
  • Sen. John Fetterman criticizes Democrats’ antics during Trump’s speech, saying, “We’re becoming the metaphorical car alarms that nobody pays attention to”
  • After House censures Rep. Al Green for interrupting Trump, Democrats sing “We Shall Overcome”
  • Trump suggests Trudeau may leverage tariffs as a reelection tactic in a recent statement
  • Gov. Gavin Newsom breaks from California liberals, tells Charlie Kirk men in women’s sports is “deeply unfair,” per Daily Mail
  • Trump restarts southern border wall construction, with Border Patrol adding 18-foot panels in Rio Grande
  • Rhode Island federal judge blocks Trump admin from pausing federal aid, per CBS
  • 25% of Harvard’s last spring grads remain jobless, up from 20% last year and 10% in 2022, per WSJ
  • Rep. Jasmine Crockett (D) claims President Trump aims to revive slavery, saying, “Clearly he is trying to make us go back to the fields”
  • Treasury Secretary Scott Bessent asserts, “Access to cheap goods is not the essence of the American Dream,” per WaPo
  • Atlanta Fed slashes Q1 2025 GDP forecast to -2.4% contraction, down from +3.9% a month ago, per The Kobeissi Letter
  • Climate-risk firm First Street predicts 84% of U.S. homes could lose value by 2055, with losses totaling $1.47 trillion
  • Utah pioneers law mandating age verification and parental consent for minors downloading apps, per CBS
  • Trump’s staff cuts at the Department of Education may leave student loan borrowers without support, agency workers warn, per NBC
  • House GOP budget targets aim to shrink Medicaid spending, according to Congressional Budget Office findings, per CBS
  • Bridgewater, NJ, Officer Noah Allat heroically rescues driver from burning car on Route 22, captured on body cam, per GMA
  • Companies balance DEI policies to align with values and reduce legal risks, says a corporate lawyer, per NBC
  • Pamela Bach, actor and David Hasselhoff’s ex-wife, passes away at 62, per AP

International

  • Norway doubles 2025 Ukraine aid to €7.2 billion, PM Støre says it’s to counter Russia and bolster Kyiv’s defenses, per AFP, Business Recorder
  • Russia extends Victory Day Parade invitation to Israel for Moscow event
  • Ukraine’s ex-military chief Zaluzhnyi reportedly cautions that U.S. actions are unraveling global order, per Bloomberg
  • UK’s Rachel Reeves plans welfare system overhaul to address public finance gaps, per Bloomberg Economics
  • Volunteers in Japan, led by Takamatsu Gushiken, uncover remains of hundreds in WWII caves, per CBS
  • Nigerian dollar bonds plummet amid fears of oil price drops hitting revenue goals, per Bloomberg Economics
  • ECB officials gear up for heated April debate on interest rate cuts versus a pause, per Bloomberg Economics