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China announced Friday that it will impose a 34% tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following U.S. President Donald Trump’s “Liberation Day” slate of double-digit tariffs.
Other news we’re following:
- Republicans move ahead with Trump’s ‘big’ bill of tax breaks: More than a month after House Republicans surprised Washington by advancing their framework for Trump’s $4.5 trillion in tax breaks and $2 trillion in spending cuts, Senate Republicans voted Thursday to start working on their version. The largely party-line vote, 52-48, sets the stage for a potential Senate all-nighter Friday, spilling into the weekend.
- Top Democrats protest firing of NSA director: Top congressional Democrats on Thursday protested the reported firing of Gen. Tim Haugh as director of the National Security Agency, with one lawmaker saying the decision “makes all of us less safe.”
- Trump administration halts funding to Brown: The Trump administration is planning to halt more than half a billion dollars in contracts and grants awarded to Brown University, adding to a list of Ivy League colleges that have had their federal money threatened as a result of their responses to antisemitism, a White House official said Thursday.
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