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

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reciprocal tariffs that could match or undercut what other countries charge the U.S.

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While Trump says the move will boost American industry, Republican senators and global markets are uneasy.

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Sen.

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Ron Johnson warned the tariffs could 'create pain' for manufacturers and farmers in Wisconsin.

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Meanwhile, Japan and South Korea are already coordinating responses.

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The Trump family has taken control of World Liberty Financial, a crypto firm that’s raised over $550 million.

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The family now claims 75% of net revenues from token sales, despite the platform not yet launching.

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Critics say the setup heavily favors insiders and raises ethical concerns.

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One expert called it 'the perfect vehicle' for influence peddling.

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Most of the funds came from anonymous wallets spending over $1 million each.

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Trump has again floated the idea of a third term, saying 'people are asking me to run' and

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suggesting there are 'methods' to do it.

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Legal scholars say the 22nd Amendment clearly bars a third election, but some theorize Trump could return via

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the vice presidency or succession.

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Critics warn this could test constitutional limits and spark legal chaos.

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Elon Musk’s time as a special government employee may be winding down.

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Trump praised Musk’s work with the Department of Government Efficiency (DOGE) but said, 'At a certain point, it

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will end.' Musk is limited to 130 days of service per year.

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Trump added that agency heads have learned enough to continue DOGE’s work without him.

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Trump’s new travel ban has been indefinitely delayed, but visa revocations are ramping up.

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Over 300 student visas have been pulled, and several individuals have been detained or deported over alleged ties

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to terrorist groups.

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Critics say the actions lack transparency and could violate civil rights.

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Trump is backing conservative Brad Schimel in Wisconsin’s Supreme Court race, calling it crucial for 'America First.' The

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race could impact abortion rights and redistricting.

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Trump falsely claimed he won Wisconsin three times, despite losing in 2020.

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The outcome may signal voter sentiment heading into 2026.