Trump Tariffs and Netanyahu Visit – 4/7/2025

This morning, global markets reacted sharply to escalating trade tensions as President Trump threatened a significant tariff hike on China while hinting at potential negotiations, alongside the EU proposing tariff-free trade on industrial goods in response to U.S. pressure. Concurrently, domestic developments included Trump’s planned meeting with Israeli Prime Minister Netanyahu being altered and legal actions unfolding, such as the reinstatement of a National Labor Relations Board member and charges against San Diego border officers.

United States

  • Trump claims U.S. aims to abolish capital gains tax by 2025
  • JD Vance defends free speech, saying, “You do not have shared values if you silence them”
  • Trump scraps press conference with Netanyahu amid tariff talks
  • Texas Senate approves bill banning most birth certificate sex changes
  • DHS demands IRS tax records to find 7 million undocumented immigrants, per The Washington Post
  • Bill Maher praises Trump as “one of the most effective politicians” after White House visit, per NYP
  • Tesla shares sink below the level US Commerce Secretary Howard Lutnick called its lowest ever
  • Wall Street dives as S&P 500 nears bear market, driven by fears of Trump’s tariff impact
  • White House denies 90-day tariff delay rumors, contradicting earlier stock-boosting reports
  • CDC study finds invasive group A strep infections surged over twofold from 2013 to 2022
  • RFK Jr. pledges to boost Indian Health Service, but Native leaders remain skeptical
  • Trump admin cuts some USAID contracts, ending key aid programs, officials tell AP
  • DC Circuit reinstates Gwynne Wilcox to NLRB, reversing Trump’s unlawful removal

Western States

  • Two San Diego border officers charged with taking bribes to allow illegal immigrant crossings, per FOX

International

  • EU caves to Trump, proposes tariff-free trade on industrial goods
  • Trump threatens 50% tariff hike on China starting Wednesday unless retaliation stops
  • China accuses Trump of tariff “bullying”
  • Trump suggests China could see lower tariffs if it agrees to sell TikTok’s US business
  • Netanyahu to visit Trump at White House Monday after Israel ramps up Gaza offensive against Hamas
  • Trump warns of 50% tariff on China while signaling openness to negotiate with other nations

Middle East

  • Netanyahu to visit Trump at White House Monday after Israel ramps up Gaza offensive against Hamas