Trump News for Saturday, April 12, 2025
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Time to go back to the basics and buy stocks like these
The Australian Financial Review
We, like almost every other investor on the planet, underestimated Trump’s resolve to reshape global trade and just how far he appears willing to go to do this.
Apr 12, 2025, 11:11 PM
US President Donald Trump excludes smartphones and computers from tariffs
7NEWS.com.au
The move benefits major US technology firms and countless other importers.
Apr 12, 2025, 11:09 PM
Trump says nuclear talks with Iran ‘going pretty good’
BreakingNews.ie
US Middle East envoy Steve Witkoff and Iranian foreign minister Abbas Araghchi ‘briefly spoke’ together in Oman.
Apr 12, 2025, 11:00 PM
Talks on Russia-Ukraine peace deal 'going fine'
RTE.ie
US President Donald Trump has said that talks aimed at ending the war in Ukraine may be going OK, but "there's a point at which you just have to either put up or shut up."
Apr 12, 2025, 11:00 PM
Trump’s commerce secretary says electronics tariff exemptions are temporary
BreakingNews.ie
Howard Lutnick said semiconductor tariffs ‘are coming in probably a month or two’.
Apr 12, 2025, 11:00 PM
Is Trump already living in China's world?
RTE.ie
As the smoke cleared from President Trump's tariff-induced global economic explosion, one clear target emerged - China.
Apr 12, 2025, 11:00 PM
Trump ‘fully fit’ to serve as president, says doctor
BreakingNews.ie
His blood pressure was 128 over 74, which is considered elevated.
Apr 12, 2025, 11:00 PM
Trump lawyers confirm wrongly deported Maryland man in El Salvador prison
The Guardian
Administration fails to show they have taken any steps to facilitate the return of Kilmar Abrego García
Apr 12, 2025, 10:50 PM
U.S. State Department reveals status of Maryland man mistakenly deported to El Salvador
CBS News
In a filing on Saturday, the U.S. State Department, however, did not address a judge's demands that the Trump administration detail what steps it is taking to return Kilmar Abrego Garcia to the United States.
Apr 12, 2025, 10:50 PM
After market tumult, Trump exempts smartphones from massive new tariffs
Ars Technica
Some consumer electronics are also exempted in a major boost to Big Tech.
Apr 12, 2025, 10:25 PM
Harvard University faculty sue to block Trump review of nearly $9bn in funding
The Guardian
Lawsuit filed along with motion for temporary restraining order calls threats an existential ‘gun to the head’
Apr 12, 2025, 10:07 PM
'Could be a different ending': GOP lawmakers reportedly teeing up break with Trump
Raw Story
Republican lawmakers who have continued to give in to Donald Trump's demands could be making preparations for a potential rebellion.Republicans like Chip Roy and Thomas Massie have challenged the President, but things have ultimately gone his way, according to a Washington Post report Saturday.Paul ...
Apr 12, 2025, 10:06 PM
US won't say whether it's facilitating return of mistakenly deported man, despite judge's order
Toronto Star
The Trump administration confirmed to a federal judge Saturday that a Maryland man who was mistakenly deported last month remains confined in a notorious prison in El Salvador.
Apr 12, 2025, 9:53 PM
Trump floats boycotting G-20 over ‘Land Confiscation and Genocide’ in South Africa: ‘Is this where we want to be?’
New York Post
President Trump suggested the US may boycott the G-20 summit in South Africa over a “Land Confiscation” law and “Genocide” talk in the formerly white-ruled nation.
Apr 12, 2025, 9:45 PM
Trump exempts smartphones from China tariffs in climbdown
The Australian Financial Review
The US administration’s move is the first sign of a softening of levies against China and provides a big boost for Apple and Nvidia.
Apr 12, 2025, 9:15 PM
Harvard professors sue over Trump’s review of $9bn in funding
The Irish Times
Administration accused of trying to unlawfully undermine academic freedom and free speech
Apr 12, 2025, 8:37 PM
Countries agree to reduce maritime emissions, tax carbon offenders
UPI News
More than 100 nations in the International Maritime Organization have agreed to fuel standards for ships and fees for carbon emissions offenders, which the Trump administration opposes.
Apr 12, 2025, 8:01 PM
U.S. exempts smartphones, computers from global Trump tariffs
CBS News
The exemptions, published late Friday in a notice by the U.S. Customs and Border Protection office, cover various electronic goods, including smartphones.
Apr 12, 2025, 6:57 PM
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Arabic news outlet Al Hurra fires staff & suspends operations, blames Trump and Musk-linked agency for funding choke
Firstpost
The US-backed news organisations were set up starting in the Cold War between the West and Soviet Union. Their designated goal was to provide objective news about the United States and other subjects overseas, often to people under authoritarian governments without access to a free press.
Apr 12, 2025, 6:49 PM
Pressures from Kyiv and Washington led to US ambassador’s resignation, sources say
Cable News Network
When US Ambassador to Ukraine, Bridget Brink, resigned her post two days ago, she was under pressure from President Zelensky’s office in Kyiv, and feeling the strain of working for her ultimate boss in Washington, President Trump, according to people who knew her.
Apr 12, 2025, 6:43 PM
Donald Trump is now badly wounded. Europe and the UK can seize an advantage
The Guardian
It’s time to fashion a new global trade order without the US
Apr 12, 2025, 6:35 PM
Trump Keeps Backing Down, Exempts Phones and Computers from Tariffs
Gizmodo
It's the Art of the Deal.
Apr 12, 2025, 6:30 PM
How Trump’s advisors got tied up in knots over his tariff obsession
Livemint
Rarely has the US seen such a spectacle of confusion over policy. Most of Trump’s team lost credibility, though Treasury Secretary Scott Bessent seemed to emerge as a voice of reason.
Apr 12, 2025, 6:30 PM
Trump tariffs: The global bond market achieved what diplomacy couldn’t
Livemint
It was ultimately a sharp sell-off of Treasury bonds that made the US pull back from its ‘reciprocal tariff’ misadventure. It has revealed a limit to how far Trump can push his trade agenda.
Apr 12, 2025, 6:30 PM