Trump Won’t Rule Out a Recession, and a Crackdown on Campus Protests
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What are the main topics covered in today's headlines?
From The New York Times, it's the headlines. I'm Tracy Mumford. Today's Monday, March 10th. Here's what we're covering.
Why won't Trump rule out a recession?
Are you expecting a recession this year? I hate to predict things like that. There is a period of transition because what we're doing is very big.
President Trump has declined to rule out the possibility that his economic policies, including waves of aggressive tariffs, could trigger a recession.
Our country's been ripped off for many decades, for many, many decades, and we're not going to be ripped off anymore.
How are Trump's tariffs affecting the economy?
In an interview that aired Sunday on Fox News, the president said that he was stopping America from being taken advantage of in trade, but acknowledged that his moves could take some time to pay off. His willingness to put tariffs on America's closest trading partners, even if he's then paused some of them, has been sending shockwaves through the stock market. And forecasts from Wall Street giants like J.P. Morgan and Goldman Sachs say a recession in the next 12 months has become more likely. Still, Trump has promised more tariffs as soon as this week, and other countries, including Canada and China, have responded in turn. Today, China's retaliatory tariffs on a lot of American farm products kicked in.
Chicken, wheat, corn, soybeans, and more are going to face a 10 to 15 percent levy. That could deal a blow to U.S. farmers. China is their biggest overseas market.
Meanwhile... I know that these are dark days. Dark days brought on by a country we can no longer trust.
What impact is the trade war having on Canada?
The trade war that Trump has kicked off was hanging over Canada this weekend as the Liberal Party chose its new leader. Mark Carney will replace Justin Trudeau as the country's prime minister, and he's vowed to push back on the U.S.
My government will keep our tariffs on until the Americans show us respect.
Who is Mark Carney, Canada's new prime minister?
Carney's never been elected to office. His background's in banking. He led the Bank of Canada and the Bank of England. Federal elections in a few months will determine whether Carney will keep the prime minister post. Some Canadian voters have said that a crucial question for them going into that election is, who will be the best choice to stand up to Trump?
This weekend, immigration authorities arrested a recent graduate of Columbia University who played a prominent role in last year's campus protests against the war in Gaza. The pro-Palestinian activist Mahmoud Khalil holds a green card and is a legal permanent resident of the United States.
Why was a pro-Palestinian activist arrested at Columbia?
But a spokeswoman for the Department of Homeland Security claimed that he led activities aligned with Hamas, which the U.S. has designated a terrorist organization. And Secretary of State Marco Rubio posted on social media, quote, We will be revoking the visas and or green cards of Hamas supporters in America so they can be deported. Khalil's lawyer told The Times that they haven't been able to find out where he's being held and said his arrest is part of a broader attack on activism and free speech. For the Trump administration, it's a significant escalation in its crackdown on what the president has called anti-Semitic campus activity. On Friday, the administration canceled $400 million in grants and contracts for Columbia in response to what it said was the school's failure to protect Jewish students from harassment. Columbia's president said it takes those concerns seriously and will work with the federal government to address them. In the meantime, she said the cuts will affect nearly every corner of the school.
In Syria, the country's facing the biggest flare-up in violence since the fall of its authoritarian leader, Bashar al-Assad. Assad was thrown out of power back in December, but in the past few days, his loyalists have attacked the new government's security forces along the country's west coast. And those forces have responded with a bloody crackdown. More than a thousand people have been killed, according to an independent monitoring group. The majority of them have been civilians.
Syria is very on edge right now. The roads leading into the coast have been closed down. There are new government checkpoints manning those roads. Very few people there have been leaving their homes for fear of what could happen if they do.
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Chapters
6 chapters
1
What are the main topics covered in today's headlines?
0:02–0:14
2
Why won't Trump rule out a recession?
0:14–0:44
3
How are Trump's tariffs affecting the economy?
0:44–1:53
4
What impact is the trade war having on Canada?
1:53–2:14
5
Who is Mark Carney, Canada's new prime minister?
2:14–2:58
6
Why was a pro-Palestinian activist arrested at Columbia?
2:58–7:26
Speakers
4 identifiedMore from The Headlines
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