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(Top headline, 1st story, link)
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Republicans have never lost more seats than they have after implementing major tariffs.
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(Main headline, 2nd story, link)
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DOW -1679
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MORE LAYOFFS ANNOUNCED
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As President Trump finally unveils his global tariff plan — setting a baseline 10% tariff on all imported goods, with additional hikes apparently based on individual countries' trade balances with the United States — economists like our guest Richard Wolff warn it will have grave economic effects on American consumers and lead to a recession. Wolff says the Trump administration's tariff strategy is borne out of an ahistorical "notion of the United States as a victim" despite the fact that "we have been one of the greatest beneficiaries in the last 50 years of economic wealth, particularly for people at the top." In response to the growing economic fortunes of the rest of the world and the associated decline in U.S. hegemony, Trump and his allies are "striking out at other people" in desperation and denial of an end to U.S. imperial dominance. "[It's] not going to work," says Wolff.
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"Mr. Smith Goes to Washington," starring Jimmy Stewart as a naïve senator, explores the idealism — and reality — behind the tactic.
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As stiff new tariffs on Canada, Mexico and China took effect on Tuesday, Prime Minister Justin Trudeau warned that Trump's moves are aimed at "a total collapse of the Canadian economy, because that'll make it easier to annex us." Canada relies on the U.S. for 75% of exports and a third of its imports. For more, we speak with a senior researcher at the Canadian Centre for Policy Alternatives, Hadrian Mertins-Kirkwood. "If there's one feeling in Canada right now, it's probably betrayal. We trusted this relationship with the U.S. for a century. We count on the U.S. as an economic partner. We're obviously very closely culturally tied. And this just kind of throws everything into question," says Mertins-Kirkwood.
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WASHINGTON - Today, the U.S. Department of Homeland Security (DHS) Science and Technology Directorate (S&T) announced the selection of Northeastern University to lead a consortium of U.S. academic institutions and other partners for a new Center of Excellence for Engineering Secure Environments from Targeted Attacks (ESE). S&T will provide ESE with a $3.6 million grant for its first operating year of a ten-year grant period.
"Researching and developing science and technology solutions to combat emerging threats is a top priority for DHS, and I am looking forward to continuing this important work in partnership with Northeastern University," "The new Center of Excellence will provide improved access to high-quality, university-led research and education resources for the Department and the broader homeland security enterprise, while at the same time training our Nation's next generation of homeland security leaders."
Each Center of Excellence is led by a U.S. college or university in partnership with other academic institutions, industry, National Laboratories, and other Federally Funded Research and Development Centers. Additionally, Centers of Excellence partner with other federal agencies; state, local, and tribal governments; non-profits; and first responder organizations.
"ESE's research agenda will foster a culture of ‘security by design' to integrate novel engineering design concepts, technologies, and capabilities to detect, deter, mitigate, and respond to targeted attacks." "By partnering with universities, S&T delivers innovative, practical, multidisciplinary, customer-driven solutions."
The ESE research portfolio brings together the best across the nation to en
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