Trump's Tariff Shockwaves, Crypto Empire, and Third Term Talk
Trump's sweeping tariffs, crypto ventures, and third-term ambitions are shaking up politics and markets. Here's what you need to know.
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President Trump is set to announce sweeping new tariffs on Wednesday, calling it 'Liberation Day.' The plan includes
reciprocal tariffs that could match or undercut what other countries charge the U.S.
While Trump says the move will boost American industry, Republican senators and global markets are uneasy.
Sen.
Ron Johnson warned the tariffs could 'create pain' for manufacturers and farmers in Wisconsin.
Meanwhile, Japan and South Korea are already coordinating responses.
The Trump family has taken control of World Liberty Financial, a crypto firm that’s raised over $550 million.
The family now claims 75% of net revenues from token sales, despite the platform not yet launching.
Critics say the setup heavily favors insiders and raises ethical concerns.
One expert called it 'the perfect vehicle' for influence peddling.
Most of the funds came from anonymous wallets spending over $1 million each.
Trump has again floated the idea of a third term, saying 'people are asking me to run' and
suggesting there are 'methods' to do it.
Legal scholars say the 22nd Amendment clearly bars a third election, but some theorize Trump could return via
the vice presidency or succession.
Critics warn this could test constitutional limits and spark legal chaos.
Elon Musk’s time as a special government employee may be winding down.
Trump praised Musk’s work with the Department of Government Efficiency (DOGE) but said, 'At a certain point, it
will end.' Musk is limited to 130 days of service per year.
Trump added that agency heads have learned enough to continue DOGE’s work without him.
Trump’s new travel ban has been indefinitely delayed, but visa revocations are ramping up.
Over 300 student visas have been pulled, and several individuals have been detained or deported over alleged ties
to terrorist groups.
Critics say the actions lack transparency and could violate civil rights.
Trump is backing conservative Brad Schimel in Wisconsin’s Supreme Court race, calling it crucial for 'America First.' The
race could impact abortion rights and redistricting.
Trump falsely claimed he won Wisconsin three times, despite losing in 2020.
The outcome may signal voter sentiment heading into 2026.
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