NEW YORK, April 05, 2025 (GLOBE NEWSWIRE) --
Trump goes all in with bet that the heavy price of tariffs will pay off for Americans
President Donald Trump's new tariffs mark an all-in bet that his economic vision will pay off for Americans. It's the realization of his decades of advocacy for a protectionist foreign policy and the belief that free trade was forcing the United States into decline. The early reviews have given Democrats some hope for a turnaround for their party. Democratic activists are planning to participate in rallies across the country Saturday to protest Trump's policies. A leader of one of the many organizing groups says “the winds are changing.” Trump has promised that the taxes on imports will bring about a domestic manufacturing renaissance and help fund an extension of his 2017 tax cuts.
The Latest: Trump's tariffs unleash trade war and calls for negotiations
The death toll from a Russian missile strike in the central Ukrainian city of Kryvyi Rih has risen to 18, including nine children, regional governor Serhii Lysak said. A further 61 people were wounded in Friday’s attack, ranging from a 3-month-old baby to elderly residents. Forty remain hospitalized, including two children in critical condition and 17 people in serious condition. Local authorities said the strike damaged about 20 apartment buildings, more than 30 vehicles, an educational building and a restaurant. The Russian Defense Ministry claimed that it had carried out a high-precision missile strike with a high explosive warhead on a restaurant where a meeting with unit commanders and Western instructors was taking place.
The confirmed death toll from last week’s massive earthquake in Myanmar has risen to 3,354, as U.N. agencies and foreign aid donors continued to ramp up their emergency relief efforts. The 7.7 magnitude quake hit a wide swath of the country on March 28, causing significant damage to six regions and states including the capital Naypyitaw. The quake also worsened an already dire humanitarian crisis triggered by the country’s civil war that has internally displaced more than 3 million people and left nearly 20 million in need, according to the United Nations.
Alex Ovechkin and Wayne Gretzky are tied at 894 goals. Ovechkin can break the record Sunday
A street money exchanger poses for a photo without showing his face as he counts U.S. dollars at Ferdowsi square, Tehran's go-to venue for foreign currency exchange, in downtown Tehran, Iran, Saturday, April 5, 2025. (AP Photo/Vahid Salemi)