Trump Tariffs and House Voting Reforms – 4/10/25

Significant developments unfolded today as the U.S. House passed the SAVE Act, enforcing citizenship verification for voter registration, while facing strong Democratic opposition. Concurrently, President Trump’s aggressive tariff policies, including a corrected 145% tariff on Chinese goods, sparked global trade reactions and domestic economic debates.

United States

  • The Department of Government Efficiency exposed $59M in unemployment fraud by 24,500 “115-year-olds,” per DOGE
  • The House approved the SAVE Act, mandating citizenship proof for voter registration and purging non-citizens from rolls
  • House passes SAVE Act, enforcing citizenship verification for voting and removal of non-citizens from voter lists
  • Trump imposes 145% tariffs on Chinese goods, targeting Shein and Temu with a 120% hike on low-cost imports, per CNBC
  • Michigan Gov. Gretchen Whitmer backs Trump’s tariffs, saying, “We do need to make more stuff in America”
  • U.S. inflation drops to 2.4%, beating forecasts
  • White House corrects China tariff total to 145%, including a 20% fentanyl tariff omitted in earlier reports
  • House approves SAVE Act requiring citizenship proof to vote, with 208 Democrats opposing
  • DNI Tulsi Gabbard says her team is scouring FBI and CIA warehouses for undisclosed JFK files
  • NSA Mike Waltz vows to revive U.S. shipbuilding, noting, “Chinese received 1700 orders…America received 5”
  • Amazon halts China inventory orders due to tariffs, mulls $15B U.S. warehouse expansion
  • Intel CEO Lip-Bu Tan’s ties to Chinese military-linked firms spark concern over U.S. defense contracts, per Reuters
  • Janet Yellen calls Trump’s economic policies “the worst self-inflicted wound” to a strong economy
  • Market swings intensify as Trump’s shifting tariff plans unsettle investors, per UBS
  • S&P 500 drops 5%, losing half its prior gains amid U.S. trade policy turmoil, per Bloomberg
  • Inflation fell sharply in March, but economists warn Trump’s tariffs may soon reverse this trend, per NYT
  • House passes GOP bill mandating citizenship proof to vote, despite Democratic objections, per WSJ
  • White House sets 120% tariff on $800 China postal shipments, up from 90% earlier this week, per Axios
  • House votes to scrap a rule capping bank overdraft fees at $5, per More Perfect Union
  • Mayor Adams reinstates ICE access to Rikers Island, reversing sanctuary laws, per NYT
  • House narrowly passes budget with $880B Medicaid cuts over 10 years, per More Perfect Union
  • Trump hosts Schwab and others after tariff rollback, boasting “he made 2.5 billion today”
  • Democrats slam Trump for market tips before tariff pause, fueling stock trade ban calls, per Axios
  • Trump admits he eased tariffs as CEOs and markets grew “queasy” over bond prices, per Axios

Western States

  • Nevada lawmakers propose limiting corporate housing purchases to 100 units annually, per MPU
  • Visas of international students in 22 states revoked without cause, per NBC News

International

  • China signals willingness for U.S. talks after Trump’s 125% tariff increase, stressing mutual respect, per China’s Commerce Ministry
  • The EU is reportedly eyeing increased U.S. gas imports as Trump’s tariffs reshape trade dynamics
  • El Salvador earns a safer U.S. State Dept. rating than Germany, France, or the UK, per US Dept. of State
  • China and the EU will negotiate to eliminate EU tariffs on Chinese electric vehicles