Trump's 'Liberation Day', Wisconsin Supreme Court Race, Mistaken Deportation
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What are the implications of President Trump's 'Liberation Day' and tariffs?
President Trump calls this Liberation Day, as in Tariff Day.
We are going to be very nice by comparison to what they were.
Markets have been jittery in anticipation. Will tariffs help or hurt the economy?
I'm Steve Inskeep with Leila Fadal, and this is Up First from NPR News. It was the most expensive judicial race in U.S. history. And despite Elon Musk putting his money and support behind a conservative candidate, liberals held on to their state Supreme Court majority in Wisconsin.
I never could have imagined that I'd be taking on the richest man in the world.
How did this race become a referendum on Musk?
And the Trump administration has admitted to deporting a Maryland father by mistake.
If they're allowed to get away with this, then it means that the immigration laws are meaningless, all of them.
Stay with us. We'll give you the news you need to start your day.
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This is Ira Glass. In Lily's family, there's a story everybody knows by heart.
If this story had never happened... All of us wouldn't be here right now. Sammy wouldn't be here. Nana wouldn't be here. Wally wouldn't be here. Anyone that we know wouldn't be here.
So what happens when Lily's mom tells her this story is not true? This American Life, surprising stories every week.
This message comes from Mint Mobile. Mint Mobile took what's wrong with wireless and made it right. They offer premium wireless plans for less and all plans include high speed data, unlimited talk and text and nationwide coverage. See for yourself at mintmobile.com slash switch.
How did Wisconsin's Supreme Court race become the most expensive in history?
It's a big day on President Trump's calendar, something he's been calling Liberation Day.
A day when he says he's going to make good on a promise to impose tariffs on many, many countries.
I think people will be pleasantly surprised, but it's going to make our country very rich because we're the piggy bank that everybody steals from. And they've been doing it for many years, for decades, and we're not going to let it happen.
The president says he's made up his mind on which tariffs to impose where, although we don't know the details yet. Markets have been nervous leading up to this day amid concerns that taxes on imports hurt rather than help the U.S. economy and also raise consumer prices.
NPR White House correspondent Danielle Kurtzleben is here to tell us what to expect. Good morning, Danielle. Hey, good morning. What do we know about these tariffs?
Well, we know Trump's going to lay them out at a big Rose Garden event at 4 p.m. Eastern, but his team has given few details on this. He and his advisers, in fact, were still working on the tariffs yesterday, which is itself notable. I mean, this is a potentially sweeping trade policy that has not been clearly communicated yet. But as for what he's announcing, these are what he's been calling reciprocal tariffs, which he has said could apply to many different items and all countries. And he's long described them as mirroring other countries' tariffs. So give us an example there. Sure. So this week, White House Press Secretary Caroline Leavitt showed reporters a graphic of all kinds of tariffs on U.S. goods.
And one example was Mexico's 150 percent tariff on American alcohol. So a reciprocal tariff in this example could be the U.S. imposing a 150 percent tariff on Mexican alcohol. Now, again, I want to stress this is just a hypothetical I'm giving. But in this example, that would mean U.S. importers would pay a 150 percent tax to bring that alcohol into the country. And in most cases, we could expect American businesses to either eat that cost or pass it on to consumers. OK, so that sounds like it could get pretty expensive. Yeah, it could. And stock markets and consumers are taking Trump seriously on this. Consumer confidence and stock indexes have been plummeting as reciprocal tariff day has grown closer.
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