Daily Summary
Trump has unveiled a sweeping set of tariffs—dubbed “Liberation Day”—that impose hefty duties on goods from countries like China, Vietnam, Taiwan, and the EU, fueling fears of increased inflation and global market volatility. In other developments, a federal judge has permanently dismissed a corruption case against NYC Mayor Eric Adams amid allegations of politicized legal maneuvers, while reports that Elon Musk may exit Trump’s inner circle are being welcomed by some Republican lawmakers. Local elections in Coral Gables are also heating up as voters prepare to choose their mayor and commissioners, signaling potential shifts in city governance as investors remain jittery over the broader economic implications of Trump’s aggressive trade policies.
Trump Announces Sweeping Tariffs to Reshape U.S. Economy and Global Trade Order
On April 2, 2025, former President Donald Trump announced broad reciprocal tariffs—including rates of 34% on China and up to 35% on Vietnam—as a measure to reshape the U.S. economy and global trade order amid concerns over rising market uncertainty.
Hear from the Candidates in Coral Gables Mayoral and Commission Races
On April 8, 2025, Coral Gables voters will choose a mayor and city commissioners in a contest focusing on ethics, transparency, and smart growth, with incumbent candidates facing robust challenges.
Musk’s Exit from Trump’s Inner Circle Celebrated by Hill Republicans
Elon Musk’s anticipated departure from Trump’s inner circle—driven by controversial policy shifts and a turbulent tenure—is being welcomed by Republican lawmakers on Capitol Hill.
Trump's 'Liberation Day' Tariff Plan Sparks Market Volatility
Investors are on high alert ahead of President Trump's tariff plan announcement on April 2, as fears grow over its potential impact on global trade, corporate earnings, and overall market volatility.
Judge Dismisses Corruption Case Against NYC Mayor Eric Adams
On April 2, 2025, a federal judge dismissed the corruption case against NYC Mayor Eric Adams with prejudice, amid accusations of politically motivated pressure from the Justice Department.