The president’s aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.
Clothing and apparel makers have expressed alarm that “obviously the prices are going to go up,” since apparel sold in America is manufactured in countries facing high tariffs, like China.
Higher prices could also be coming soon for seafood, sugar and coffee. But it may be a while before importers and retailers can gauge the effects of the new fees.
Market gains historically have come in unpredictable spurts, so don’t think you can bail out of stocks now and then jump back in when the market stabilizes.
Demanding an end to the war, hundreds pressed the militants to relinquish control of the enclave, a rare demonstration against a group that has suppressed dissent with violence.
In recent days, Kash Patel, the F.B.I. director, and Dan Bongino, his deputy, have promised to bring change to what they have called a broken institution.
Kash Patel, the F.B.I. director, during a hearing at the Capitol last month. Before ascending to his post, Mr. Patel repeatedly distorted the facts about the bureau’s investigation of Russian meddling into President Trump’s 2016 campaign.
Immigration officers asked Kilmar Armando Abrego Garcia if he was a gang member, and refused to believe him when he denied it, according to court papers.
Kilmar Armando Abrego Garcia has denied he was a member of a gang, and told an immigration judge about his family’s struggles with gangs in El Salvador.
A standoff between garbage collectors and municipal officials in Britain’s second largest city has left an estimated 17,000 tons of trash on the streets.
Defense lawyers had argued that diaries by a former adherent of the OneTaste group were tainted by the way they were prepared and edited for a Netflix documentary.
Every week political cartoonists throughout the country and across the political spectrum apply their ink-stained skills to capture the foibles, memes, hypocrisies and other head-slapping events in the world of politics. The fruits of these labors are hundreds of cartoons that entertain and enrage readers of all political stripes. Here's an offering of the best of this week's crop, picked fresh off the Toonosphere. Edited by Matt Wuerker.
The Republican-controlled US Senate voted to confirm Dr Mehmet Oz on Thursday
Celebrity doctor and former TV host Mehmet Oz has been confirmed by the US Senate to run the agency that oversees the healthcare of millions of Americans.
Oz, who has never held public office, was picked last year by President Donald Trump to lead the Centers for Medicare and Medicaid Services (CMS).
On Thursday, he was confirmed to the role by the Republican-controlled US Senate by a party-line vote of 53-45.
The 64-year-old, whose approaches have come under scrutiny, trained as a surgeon before finding fame on The Oprah Winfrey Show in the early 2000s.
Health experts have previously criticised Oz's promotion of what they deem to be bad health advice about weight-loss drugs and "miracle cures", and for suggesting malaria drugs could be used as a cure for Covid-19 at the start of the pandemic.
After picking Oz to lead CMS, Trump said in a statement there "there may be no physician more qualified and capable...to make America healthy again".
Ahead of his inauguration, Trump's transition team said Oz would "work closely" with US Health Secretary Robert F Kennedy Jr to "take on the illness industrial complex".
The CMS oversees the country's largest healthcare programs, providing coverage to roughly half of Americans.
It regulates health insurance and sets policy that guides the prices that doctors, hospitals and drug companies are paid for medical services.
In 2023, the US government spent more than $1.4tn (£1.1tn) on Medicaid and Medicare combined, according to the Congressional Budget Office.
Oz also hosted The Dr Oz Show, in which he offered health advice to viewers, from 2009 to 2022.
But he was scrutinised for recommending homeopathy, alternative medicine and other treatments that critics have called "pseudoscience".
Democrats have previously claimed a review of his financial records suggests Oz may not have paid $403,739 in Medicare taxes on more than $10 million of income from his media company between 2021 to 2023.
However, a spokesperson for Oz said a review by the Office of Government Ethics found he had complied with the law.
Veteran Bollywood actor and director Manoj Kumar has died at the age of 87 in India's financial capital, Mumbai.
The actor died of "age-related health issues", Dr Santosh Shetty of Kokilaben Dhirubhai Ambani Hospital, where the actor was admitted, said.
His son, Kunal Goswami, told ANI news agency that Kumar had been battling health issues for a long time.
Kumar leaves behind a rich legacy of patriotic films, which propelled him to fame in the 1960s and 1970s.
Kumar, who was originally named Harikrishan Goswami, was born in 1937 in the northern state of Punjab.
He carved a niche for himself in the Hindi film industry with films like Shaheed, Roti Kapada Aur Makaan and Kranti. Known for their patriotic fervor, his films struck a chord with the Indian public.
Kumar received numerous awards over the years, including the Padma Shri - the fourth highest civilian award in India.
His contributions earned him the Dadasaheb Phalke Award, India's highest cinematic honour.
Tributes have been pouring in on social media to mourn his death.
Indian Prime Minister Narendra Modi called him an "icon of Indian cinema".
"Manoj Ji's (a term of respect in Hindi) works ignited a spirit of national pride and will continue to inspire generations," he wrote in a post on X.
Filmmaker Ashoke Pandit said his death was "a great loss to the [film] industry" and that the entire industry would miss him.
Next, let's go back nearly two decades to the financial crisis and the historically poor growth and negligible average earnings growth that has afflicted the UK ever since.
What is happening to economic growth? It is flatlining.
And now this: Donald Trump's tariffs.
The implications are four dimensional, complicated, disrupting – and the precise reactions and consequences of those reactions are largely unknowable and unmappable.
But let's be frank, they don't provide a benign backdrop conducive to predictable, steady economic growth.
President Trump's lament about the consequences of deindustrialisation in America and his reaction to that is prompting the UK and others to have to think nimbly and devote considerable bandwidth to preparing contingencies for what might happen next.
How should we understand and grapple with the magnitude of what we are witnessing?
The prime minister is not a man known for flights of rhetorical fancy.
So it is instructive to see how he is articulating this moment.
He claimed it was "the beginning of a new era for trade and the economy" and not just this, but was the second such paradigm shift we have witnessed just in the last few months.
There was already the beginnings of a new era for defence and security, he suggested, with the UK, Germany and others committed to ramping up spending on the military.
The economic shift also under way, he said, needed the "same recognition".
I know what you might be forgiven for thinking.
Politicians and, yes, journalists both have a weakness for hyperbole, and so maybe all of this is a bit self serving and over the top?
Perhaps.
But one of the most memorable conversations I had at Westminster this week was with a vastly experienced senior figure, thoughtful and reflective and also not prone to exaggeration.
(And, incidentally, not instinctively warm towards the Labour Party).
He was convinced, after a half century in politics that has taken in the Cold War, the Gulf War, 9/11, the Iraq war and the 2008 financial crisis that it is this moment, not those, that represents the single most profound for colossal, unpredictable, upending change.
Tariffs will "clearly" have an economic impact in the UK and globally, Starmer says
Look beyond the actions and theatre of the Trump White House to the macro trends of the 21st century.
There is the migration of economic and political heft to the East.
There is the migration of many, many people towards the West, digitally savvy about the relative riches here, climate change and conflict among the push factors for some too.
There is the internet revolution upending business models and working patterns, inventing social media and concentrating vast wealth and influence among a clutch of global behemoths like Apple, Meta, Amazon and X.
And there is the artificial intelligence revolution in the infancy of its influence.
All this is the context and in part the explanation for the political tussles playing out and the personalities at the centre of them.
And, my goodness, it is not an easy time to be leading a western democracy.
Ask any of those in office now, or any of those recently ejected.
President Trump is arguably an illustration of this and a collective reaction from America to some of the changes I've mentioned above.
And meanwhile, the prime minister is hoping for the best – that he can find the money to boost defence spending, convince the country and the markets that he can manage the national finances and negotiate a better trade deal with President Trump.
Pull these things off and perhaps a few others and maybe just maybe that longed for economic growth comes next.
But again and again events pop up to complicate and confound any apparently linear path towards it.
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