Good morning. We're covering the start of a global trade war and Israel's moves into Gaza. Plus: A blockbuster David Hockney exhibition.
Trump imposed sweeping tariffs on importsIn a ceremony at the White House Rose Garden, President Trump unveiled his most expansive tariffs to date yesterday, including tariffs of at least 10 percent on all trading partners except Canada and Mexico, with duties stretching past 20 percent, 30 percent and even beyond for some nations. He framed his policies as a response to a national emergency, saying that tariffs were needed to build up domestic production. Read more about his justification.
Wall Street shuddered in response, with early market reaction pointing to a further slide in the stock market and a weakening dollar. Analysts were still trying to work out how the tariff levels had been derived, and some said they were confused about the numbers. My colleagues are covering the reaction from around the world. European officials are poised to respond with countermeasures. Although the E.U. has so far concentrated on imposing higher tariffs on a wide variety of goods, officials have discussed placing penalties like tariffs or market access restrictions on U.S. technology companies and even limiting American banks' access to certain E.U. markets. Quotable: "This is liberation day," Trump said. He called the announcement "our declaration of economic independence" and described it as one of the most important moments in American history. Analysis: Even amid the expectation that Trump would announce high tariffs, "the numbers that he just revealed are stunning," said my colleague Ana Swanson, who covers international trade. The duties, she added, "will likely force some manufacturing back into the U.S., but also raise costs for American consumers and manufacturers and incite trade wars on many fronts."
Israel expanded its offensive in GazaIsrael has captured a new strip of territory in the Gaza Strip, the Israeli leader, Benjamin Netanyahu, said yesterday, as part of a strategy to seize large parts of the enclave after the cease-fire with Hamas collapsed last month. The occupation of territory, and a new round of airstrikes, are aimed at forcing Hamas to release more Israeli hostages, Netanyahu said. Hamas argues that Israel is violating the agreement it signed in January, which created a path toward ending the war. Both sides have been speaking to mediators about restoring the truce — so far without success. In Gaza, where more than 1,000 people are reported to have been killed since the cease-fire broke down, some anti-Hamas protests have broken out, and more than two dozen bakeries run by the World Food Program, a U.N. agency, have closed because of a lack of flour after Netanyahu ordered a halt to all humanitarian aid. One family's story: The Abu Teirs thought a cease-fire in Gaza might mean they could start to rebuild their lives. But a new round of Israeli airstrikes dashed those dreams and left eight family members dead. U.S.: American Jews have watched, some with alarm and others with enthusiasm, as strong-arm tactics, including arrests of pro-Palestinian activists, have been deployed in their name. "This is not going to protect Jews," one rabbi said. Another Jewish leader praised President Trump as the "new sheriff in town."
Anger at Elon Musk put Tesla in a slumpTesla said yesterday that its global sales in the first quarter of 2025 fell 13 percent from a year earlier. Even in Norway, where electric vehicles account for more than 90 percent of new car purchases, sales dropped sharply. The change partly reflects consumers' anger at Elon Musk for his right-wing politics and his prominent role in the Trump administration. But there are other explanations, among them that other E.V. makers are catching up to Tesla's technology and offering a wider range of vehicles. What's next: Despite a humiliating political defeat in Wisconsin this week, two people with knowledge of the president's thinking said that Trump had no intention of cutting ties with Musk.
More than a century later, the U.S. Army has not fully faded from memory in Cantigny, the tiny French village that it helped to save in World War I. But as people age and direct connections grow fainter, a local history teacher has hatched a plan to try to keep the communal memory alive. "It's a project to show how Americans helped France," he said. Lives lived: Val Kilmer, a Hollywood film star who played Jim Morrison and Batman, died at 65. Here's seven of his best films.
The exhibition of a lifetimeWhen the Louis Vuitton Foundation in Paris asked David Hockney two years ago about staging a retrospective of his work, he assumed he wouldn't be around to see it. Now, at 87 and with 24-hour medical care, the artist is determined to attend what will be his biggest show ever. "David Hockney 25," which opens April 9, features more than 400 works, including many early pictures that will be shown in the same space for the first time. Hockney, who has become one of the most recognizable artists of his time by playing by his own rules, said he wanted visitors to take away just one thing from the show: "Joy, some real joy!" We hope you've enjoyed this newsletter, which is made possible through subscriber support. Subscribe to The New York Times.
Cook: These skillet pork chops lean on sweet and spicy Yucatán flavors. Watch: "Truelove" is a thoughtful British mini-series that explores the bonds among aging friends. Read: In "Flesh," David Szalay offers unvarnished scenes from a lonely, rags-to-riches life. Listen: Ten writers and musicians share the Billie Holiday songs they love. Connect: How healthy is your social circle? Take this quiz and find out. Play the Spelling Bee. And here are today's Mini Crossword and Wordle. You can find all our puzzles here. That's it for today's briefing. See you next time. — Natasha Reach Natasha and the team at briefing@nytimes.com.
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jueves, 3 de abril de 2025
Thursday Briefing: Trump’s “liberation day”
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