Trump Said Tariffs Are Coming
President Trump said today that he would impose a 25 percent fee on all goods imported into the U.S. from Mexico and Canada, along with an additional 10 percent levy atop existing fees on goods from China. The tariffs, which are set to take effect at midnight and target America’s three largest trading partners, would be Trump’s most wide-reaching trade action to date.
The president has threatened the same levies against Mexico and Canada before, only to delay them after the countries promised to crack down on immigration and drug trafficking — his stated goal. But during a White House news conference today, Trump insisted that there was no chance for a last-minute deal to avert the measures.
“The tariffs, you know, they’re all set,” he said. “They go into effect tomorrow.”
The new import fees will have significant consequences for companies that rely on international supply chains, and are also likely to result in higher costs for American consumers. Carmakers like Nissan could be hit particularly hard. Toymakers, too, are bracing for financial troubles.
Trump said he would continue to negotiate with the president of Mexico, where there has been a sharp drop in the number of people trying to cross the border into the U.S. In contrast, the president has expressed a special brand of loathing for Canada, where the economy is expected to suffer a brutal blow under the new tariffs.
For more: Stocks sank after Trump’s comments on tariffs.
In other politics news:
Zelensky and Trump clashed over peace prospects
Ukraine’s president, Volodymyr Zelensky, returned home today after a whirlwind diplomatic tour that included humiliation, by President Trump, and a warm embrace, from European leaders. He vowed to use all diplomatic avenues to pursue an end to the war between Ukraine and Russia, but acknowledged that there was “a long way to go.”
Trump’s support still appears to be eroding. After Zelensky suggested that the path to peace would be long and difficult, Trump today dismissed his remarks as “the worst statement that could have been made,” adding: “America will not put up with it for much longer!”
In related news, drones now do most of the killing in the war in Ukraine. Soldiers have been forced to adapt.
Cuomo entered the New York mayoral race
Andrew Cuomo, a former governor of New York, jolted the race for New York City mayor when he announced his bid this weekend. Today, he introduced his first campaign promise: making the city more affordable by expanding free preschool, creating free bus routes and building affordable housing.
“He enters the race as a front-runner because of his name recognition,” our City Hall bureau chief, Emma Fitzsimmons said.
In L.A., two words lifted spirits: ‘Play ball’
This weekend was opening day for the Pacific Palisades youth baseball program, which had to relocate after record-breaking wildfires burned the neighborhood to the ground in January. It provided a modicum of normalcy for many families who, in the 53 days since the fires, have had to find new homes, schools and more.
“It used to be about playing baseball with my friends,” Wil Hoffman, 12, said. “Now it’s playing for my community.”
In related news, buying a house in Los Angeles has become even tougher.
More top news
-
Middle East: After the first phase of the Gaza cease-fire ended, Israel and Hamas are continuing negotiations but also preparing for a possible return to war.
-
Germany: A man drove a car into a lunch-hour crowd in Mannheim, killing at least two people. The driver has been arrested.
-
U.S.: The man accused of killing seven people during a Fourth of July parade in a Chicago suburb in 2022 pleaded guilty.
-
Pope: The Vatican said Pope Francis, 88, had two acute respiratory crises in the hospital today.
-
Gene Hackman: The actor and his wife, Betsy Arakawa, who were found dead at their home last week, lived a quiet life in New Mexico. Few neighbors ever even saw them.
-
Tech: TSMC, the world’s largest chip maker, plans to spend $100 billion in the U.S. over the next four years to expand production.
-
Bonds: Investors’ increasingly gloomy sentiment about growth appears to be driving down the 10-year Treasury yield.
-
Climate: A warming world is throwing plankton into disarray and threatening the entire marine food chain that is built on them.
-
Nature: The U.S. Fish and Wildlife Service has a suggestion to curb the growing population of nutria, an invasive rodent species: Eat them.
Sean Baker had a fairy tale night at the Oscars
There was plenty to take in last night during the Academy Awards, including a “Wicked” opener, Conan O’Brien’s gags and the memorable speeches (good and bad). But the biggest story was Sean Baker, the director of “Anora,” who took home four Oscars. He tied the record set by Walt Disney in 1954, though even Disney’s awards weren’t all for the same movie.
“Anora” won best picture, and its lead, Mikey Madison, upset Demi Moore for best actress. Baker’s success — he won best director, best original screenplay and best editing — validated his sensitive portrayals of people on the margins, a unifying theme across his films. Last night, he had a battle cry: Don’t abandon the big screen.
How to spot worrisome pain during a workout
It’s healthy to feel some strain during exercise; but there becomes a point when pain is a sign that something is wrong. Experts we spoke to suggested paying attention to a few key signs to know whether you can push through: Was there a sound? Are you wobbly or swollen? Is your range of motion affected? If your answer is yes, it’s probably smart to stop exercising.
Underwater masters of disguise
Cuttlefish, like their octopus cousins, use camouflage to hide from predators. They have the ability to almost instantly alter the color and texture of their skin, which allows them to convincingly blend in among rocks or algae on the seafloor.
New research shows that cuttlefish deploy similar tactics to bamboozle prey, like crabs. While filming a few feet from crabs around islands in eastern Indonesia, scientists documented four elaborate tricks the fish used, including imitating drifting leaves or corals. Watch them in action.
Have a transformative evening.
Thanks for reading. I’ll be back tomorrow. — Matthew
Sean Kawasaki-Culligan was our photo editor today.
We welcome your feedback. Write to us at evening@nytimes.com.
Source link