The Intelligence from The Economist - Art of the real: Trump bows to markets
Just 12 hours after Donald Trump launched his searing regime of tariffs, he paused many of them for 90 days. What's next for global trade? An outlandish proposal to build data centres in space (8:14). And why “The Great Gatsby” is just as relevant, 100 years on (15:58).
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The Daily Detail - The Daily Detail for 4.10.25
The Daily Signal - Stocks Surge, Democrats & China are Mad, Tim Walz Gets Booed | April 10, 2025
On today’s Top News in 10, we cover:
- The stock market surges in record-breaking recovery after Trump issues tariff pause for almost everyone but China.
- Democrats respond by accusing Trump of market manipulation.
- Tim Walz gets booed by veterans for his stolen valor.
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Honestly with Bari Weiss - Niall Ferguson: The Trade War and the Battle for the 21st Century
If your head has been spinning since Donald Trump walked into the White House Rose Garden and declared “Liberation Day” last Wednesday, we don't blame you. And not just because it was nauseating watching the stock market or your 401(k) crash down, but because it wasn't clear what exactly we were looking at.
As our guest today, economic historian and Free Press columnist Niall Ferguson, wrote in our pages last week:
"Depending on your worldview, you probably think Trump’s tariff blitz is one of two things. Either a committed protectionist is trying to Make America Great Again by killing “globalism,” ending “forever wars,” and bringing manufacturing jobs back to the United States. Let’s call this Project Minecraft. Alternatively, an unhinged demagogue is crashing both the world economy and the liberal international order, mainly to the advantage of authoritarian regimes…But here is what is actually happening: The American empire that came into existence after the failed autarky and isolationism of the 1930s is being broken up after 80 years. Despite Trump’s imperial impulses—wanting to annex Greenland, calling for Canada to become the 51st state—he is engaged right now in a kind of wild decolonization project."
Whether or not you agree with Niall’s conclusion, there’s no question that the real story here is not about the particular tariff rate for Cambodia or Taiwan; rather, it’s fundamentally about reordering America’s place in the world.
Over the past decade, there’s been an intense debate over what role America should play on the world stage, in geopolitics, in trade, and in technology. Trump has made a very clear set of decisions on that question. And that’s the case whether or not most Americans understand the consequences.
So what are the consequences when the U.S. acts unilaterally to upend the global trading system? What is the outcome when the U.S. weaponizes its own economic power? What happens when the world order, as we know it, is upended? Will these actions embolden our adversaries, or weaken them? Will this ultimately make us poorer, or better off? Has the American empire reached its end? And, was this inevitable or self-inflicted?
One note: While Bari and Niall were recording this conversation, Trump announced a 90-day pause on the reciprocal tariffs. Notably, there’s no pause on the tariffs for China. In fact, it went up to 125 percent. But the point remains. And the face-off between America and China has only heated up. What does that mean? Is the twenty-first century destined to be ours, or China’s? All these questions and more with Free Press columnist Niall Ferguson.
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Everything Everywhere Daily - The Greatest Nobel Prize Snubs
As of the recording of this episode, 1,012 people have been awarded Nobel Prizes across every category.
This episode is not about any of them.
This episode is about the people who didn’t win a Nobel Prize but arguably should have.
Whether they were the victims of personal petty politics, geopolitics, or sexism, there have been many people who were deserving of Nobel Prizes who never got one.
Learn more about the greatest Nobel Prize snubs in history on this episode of Everything Everything Daily.
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First Things Podcast - The Mystery of Angela Merkel (ft. Christopher Caldwell)
Talk Python To Me - #500: Django Simple Deploy and other DevOps Things
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NBN Book of the Day - Ryan M. Nefdt, “The Philosophy of Theoretical Linguistics: A Contemporary Outlook” (Cambridge UP, 2024)
Between the study of specific languages and the philosophy of language lies what Ryan Nefdt calls a “Goldilocks zone” of theoretical issues related to language. In The Philosophy of Theoretical Linguistics (Cambridge University Press, 2024), Nefdt introduces and explores the elements in this zone, including different theories of syntax, semantics, and pragmatics, and differing views of how language evolved, which languages are possible, and what defines language. Nefdt, a professor of philosophy at the University of Cape Town, shows where dominant linguistic theories, such as Chomskian syntactic theory and truth-conditional semantics, fit in a generalized framework where a key theoretical dimension is the role of social context.
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What A Day - Trump: Now You Tariff… Now You Don’t
When most of us woke up Wednesday morning, President Donald Trump was still very excited about the tariffs he imposed on dozens of countries that had gone into effect just after midnight eastern time. At the National Republican Congressional Committee dinner the night before, he even claimed the scheme would be ‘legendary in a positive way’ and bragged, ‘These countries are calling us up. Kissing my ass.’ But by Wednesday afternoon, Trump had blinked, announcing a 90-day pause on nearly all of the ‘reciprocal’ tariffs he unveiled last week (China was the exception; he boosted tariffs to 125 percent after Beijing retaliated with it’s own reciprocal tariffs). Alex Jacquez, chief of policy and advocacy at the progressive think tank Groundwork Collaborative and a member of former President Biden’s White House National Economic Council, explains why all this volatility leaves America worse off economically.
And in headlines: Michigan Gov. Gretchen Whitmer made an uncomfortable guest appearance in the Oval Office, The White House said it’s freezing hundreds of millions in federal funding for Cornell and Northwestern universities, and two federal judges put limits on the Trump administration’s use of the Alien Enemies Act to deport alleged foreign gang members.
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- For a transcript of this episode, please visit crooked.com/whataday
