Crude oil prices have started to decline again today, after initially rising thanks to news that most of America’s trading partners will receive a 90-day tariff suspension. Donald Trump’s escalated tariff strategy against Beijing, which increased the overall rate on Chinese imports to 125% effective immediately, has further contributed to the negative market outlook. There are now strong indicators that long-term crude oil prices will continue to trend downwards.
A Pakistan-born Canadian citizen wanted for his alleged role in the deadly 2008 Mumbai siege has landed in New Delhi after his extradition from the United States.
Tahawwur Hussain Rana, 64, arrived at a military airbase outside the Indian capital under heavily armed guard late on Thursday, and will be held in detention to face trial.
India accuses Rana of being a member of the Pakistan-based Lashkar-e-Taiba (LeT) group, designated by the United Nations as a terrorist organisation, and of helping to plot the attacks.
After the April 19, 1995, Oklahoma City bombing, the FBI launched a massive manhunt for a mystery accomplice to Timothy McVeigh known as “John Doe 2”—only to later claim that he never existed, and that McVeigh acted largely alone.
Nearly 30 years later, an attorney in Utah named Jesse Trentadue is still working to unearth the truth through his ongoing Freedom of Information Act (FOIA) lawsuit for surveillance footage of the blast. According to FBI and Secret Service records, the footage shows McVeigh with another unidentified subject.
It’s easy to dismiss Donald Trump’s haphazard tariff barrage as silly and self-defeating, especially after so many days of global market turmoil. But critics among liberal Democrats and Republican free traders still need to address the overriding goal behind the seeming madness. The key strategic objective of Trump’s approach is simple: restoring American industrial power. Opponents of the US president ignore this at their peril.
Trump is organizing a global embargo of China. To get the elites to comply, he did the equivalent of saying, "Nice stock market you got there. It would be a shame if anything happened to it." That's what Americans will remember: Unlike in 2008, Trump put us ahead of Wall Street. pic.twitter.com/aUkIkooghL
— Batya Ungar-Sargon (@bungarsargon) April 10, 2025
Move over, “Big Balls.” That nickname rightfully belongs to President Donald J. Trump. He’s putting into practice the dictum of one of every real man’s favorite generals, George S. Patton: “Audacity, Audacity, Always Audacity” (to be fair, the pearl-handled butt-kicker may have lifted that bon mot from either Kaiser Wilhelm I or some Frenchman). Trump hasn’t panicked even as his bold plan to remake the economy using tariffs vapor-locked the Dow Jones. In fact, he savagely mocked the Panicans for their drawers-soiling sissiness as the stock market tumbled. And this is a guy with cause to panic – the worst-case scenario for you and me is that our 401(k)s shrink to the size of Robert Reich. If Trump loses, he ends up dead.
h/t DS
US President Donald J. Trump’s current trade stand-off with the People’s Republic of China (PRC) has already induced some Chinese companies, such as Shein, BYD, TikTok and Temu’s parent company PDD Holdings to move away from China and have induced some Western companies – including Apple, Dell, Hasbro, Microsoft, Hewlett Packard, Stanley Black and Decker, Foxconn, Nintendo, BYD Auto, TSMC, Intel, Mazda, Google and Samsung also to move away or diversify.
Canadian PM quickly pledges to negotiate ‘new economic and security relationship’ with US after Trump pauses tariffs on other nations
Canadian Prime Minister Mark Carney pledged Wednesday to negotiate a “new economic and security relationship” with the US – an announcement that comes on the same day President Trump paused tariffs for dozens of nations, but not Canada.
“The pause on reciprocal tariffs announced by President Trump is a welcome reprieve for the global economy,” Carney wrote on X, referring to the commander in chief’s 90-day pause on sweeping trade fees.
h/t PA Cat
Let’s face it, Canada’s not going to win a trade war with the US. Time to make a deal with Trump.’
Various news outlets have reported that Prime Minister Carney was thumping his chest, claiming that Canada is willing to lead if the US is not. This raises two questions.
First, lead based on what?
Second, lead in what?
Of the G7, Canada is ranked dead last in economic standing ― a ranking it has long held.
The far-left Variety is speculating (without evidence) that President Trump’s tariffs have caused China to consider banning Hollywood movies.
“This past weekend in China, Warner Bros. and Legendary’s A Minecraft Movie conquered the box office,” writes Variety. “But it might be a short-lived triumph thanks to U.S. President Donald Trump‘s tariffs.”
Stock market goes STRATOSPHERIC as Trump makes shock tariff U-turn… but China still faces onslaught
President Donald Trump on Wednesday said he will delay tariffs for 90 days for countries that did not launch a reciprocal tariff against the US.
He also increased tariffs on Chinese imports to 125 percent, citing China’s ‘lack of respect for global markets.
Trump attributed his decision to pause the tariffs to the fact that ‘more than 75 countries’ have reached out to the White House to negotiate solutions to the trade issues he raised with the new duties.
BREAKING: President Trump issues a 90-day pause on tariffs "and a substantially lowered Reciprocal Tariff during this period of 10%," except for China.
The president has raised tariffs on China to 125%, effective immediately. pic.twitter.com/XNBKA6uH7S
— Collin Rugg (@CollinRugg) April 9, 2025
US President Donald Trump’s latest wave of tariffs has come into force, with imports from China hit by a 104% rate amid an escalating standoff between the world’s two biggest economies.
Tariffs ranging from 11% to 104% now apply to imports from around 60 US trade partners, which Trump has dubbed the “worst offenders” for what he considers unfair trade practices.
China has since hit back by raising import duties on US goods arriving in China to 84%.
MONTREAL — Canadian border officials say there has been a steady rise in the number of people seeking asylum at a border crossing south of Montreal.
The rise in would-be refugees at the St-Bernard-de-Lacolle crossing comes as the temporary status of hundreds of thousands of migrants in the United States is set to expire over the next weeks and months.
Data from Canada Border Services Agency shows the number of asylum claims at the St-Bernard-de-Lacolle point of entry has increased since the start of the year, with 1,356 applications in March and 557 claims as of Saturday for April.
The head of Canada’s largest labour organization on Monday was blunt in her assessment of a powerful union leader south of the border over his support of U.S. President Donald Trump’s auto tariffs.
Bea Bruske, president of the Canadian Labour Congress, said United Auto Workers president Shawn Fain is “100 per cent” wrong in his support of Trump’s 25 per cent levies on auto imports.
Trump is delivering what he promised and yes it is a shame good people will be hurt. Compare that with Carney who will ensure Canada’s energy sector is destroyed.
The Trump administration is considering launching drone strikes on drug cartels in Mexico as part of an ambitious effort to combat criminal gangs trafficking narcotics across the southern border, according to six current and former U.S. military, law enforcement and intelligence officials with knowledge of the matter.
Discussions among White House, Defense Department and intelligence officials, which are still at an early stage, have included possible drone strikes against cartel figures and their logistical networks in Mexico with the cooperation of Mexico’s government, the sources said.
Former Senate Majority Leader Chuck Schumer recently admitted that he is responsible for confirming 235 “progressive” judges who are “ruling against Trump time after time.” Activist judges are Schumer’s Plan B.
Article I, Section 8 of the U.S. Constitution empowers Congress to make policy for the military. But as things stand now, unelected, unaccountable federal judges are overruling President Donald Trump’s executive orders and arrogating to themselves the power to run the armed forces.
