Trump's Global Tariff Shakeup Sparks Worldwide Economic Tensions

President Trump has unveiled sweeping new tariffs, marking the most significant overhaul of global trade policies since World War II. The new regime sets a baseline 10% tariff on all imports, escalating to over 50% for some countries, citing long-standing "unfair trade practices". Major economies, including China, the European Union, and South Korea, face steep levies, while allies like Canada, Mexico, and Australia received exemptions or lower rates, although they were not spared from earlier rounds of tariffs. The decision immediately triggered market turmoil, with Asian stocks plunging and governments preparing countermeasures or seeking negotiations. China, the primary target, condemned the move and hinted at retaliatory actions, while countries such as Japan, South Korea, and India warned of serious economic disruptions. Particularly hard-hit industries include automobiles, electronics, and fast fashion, with companies like Shein and Hyundai expected to suffer significant losses. Trump’s closure of the “de minimus” loophole further tightens restrictions on low-value imports, disproportionately impacting Chinese e-commerce. The tariffs are set to roll out progressively between April and May, with the global economic and geopolitical fallout still unfolding.

Judge Permanently Dismisses Corruption Case Against NYC Mayor Eric Adams

A federal judge permanently dismissed the high-profile corruption case against New York City Mayor Eric Adams, ending a six-month legal battle that began with Adams’ indictment on charges of wire fraud and bribery. The Trump administration's Justice Department, under Acting Deputy Attorney General Emil Bove, had moved to drop the case, citing concerns that the prosecution was interfering with Adams’ ability to govern and cooperate on federal immigration priorities. However, Judge Dale Ho rejected DOJ's unusual request to retain the option of refiling charges, warning it could make Adams beholden to the Trump administration’s policy demands. The case’s dismissal alleviates immediate legal jeopardy for Adams, who is facing a tough reelection fight but leaves him politically vulnerable, especially amid accusations that the Trump administration may have used prosecutorial power for political leverage.

Myanmar Declares Ceasefire Amid Earthquake Crisis, But Violence Reportedly Continues

Myanmar's military junta has announced a temporary ceasefire with armed opposition groups to focus on rescue and recovery efforts following a devastating 7.7 magnitude earthquake that has killed over 3,000 people. The ceasefire, set to last until April 22, aims to allow humanitarian aid to reach survivors and facilitate relief operations in the hardest-hit areas. However, reports from Amnesty International suggest that despite the declared truce, junta airstrikes have continued in some regions. The earthquake has triggered a severe humanitarian crisis, compounding the country's ongoing civil war and collapsing health infrastructure. Aid groups warn of a looming health emergency due to widespread shortages of clean water, rising cases of diarrhea and heat-related illnesses, and the risk of epidemics. The UN estimates that over 300,000 people urgently require clean water, but current efforts are only reaching a fraction. Meanwhile, Myanmar’s shadow government, the National Unity Government (NUG), has also declared a limited ceasefire, permitting only defensive actions. Junta leader Min Aung Hlaing is scheduled to attend a regional summit in Thailand, where the international response to the disaster will be discussed.

Israel Expands Gaza Offensive

Israel announced a significant expansion of its military operations in Gaza, including the seizure of large portions of the territory, as the conflict surpasses 17 months with no end in sight. Defense Minister Israel Katz stated that the goal is to "destroy terror infrastructure" and establish new security zones, following the full evacuation order for Rafah and surrounding areas. Prime Minister Benjamin Netanyahu confirmed the creation of a new security corridor dividing Gaza further. However, the move has triggered backlash, even from Israeli hostage families, who accused the government of prioritizing land over rescuing captives. Humanitarian organizations warn that the situation in Gaza is becoming catastrophic, with severe shortages of food, water, medicine, and fuel due to Israel’s blockade. Aid agencies, including the World Food Program and Doctors Without Borders, report they are running out of supplies, while the UN disputes Israeli claims that Hamas is hoarding aid.

Amazon Makes Surprise Last-Minute Bid for TikTok as U.S. Deadline Looms

Amazon has submitted a last-minute bid to acquire TikTok as the popular social media app faces a U.S. government-imposed deadline to change ownership or face a ban. The move, revealed by three sources familiar with the situation, comes just days before the Saturday deadline set under a law requiring TikTok to sever ties with its Chinese parent company, ByteDance, over national security concerns. While Amazon's offer is reportedly not being treated as a serious contender by those involved in the talks, it reflects the heightened activity and uncertainty surrounding the app’s fate. President Trump, who has delayed enforcement of the law despite its unanimous Supreme Court approval, is exploring alternative solutions such as bringing in new American investors like Oracle and Blackstone without requiring a full sale. Amazon’s interest likely stems from TikTok's growing role in e-commerce, where influencers drive substantial sales to Amazon’s platform. However, TikTok has signaled it is not for sale, citing potential opposition from the Chinese government.