Tag #Donald Trump

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theguardian.com

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Apr 23, 04:12

Trump Announces Significant Reduction in China Tariffs

President Trump announced that tariffs on Chinese goods will be substantially reduced, but not eliminated, following comments from Treasury Secretary Bessent indicating the current high tariffs are unsustainable; the S&P 500 rose 2.5% following the news.

Trump Announces Significant Reduction in China Tariffs

President Trump announced that tariffs on Chinese goods will be substantially reduced, but not eliminated, following comments from Treasury Secretary Bessent indicating the current high tariffs are unsustainable; the S&P 500 rose 2.5% following the news.

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Decent Work and Economic Growth

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What factors contributed to Treasury Secretary Bessent's assessment that current tariffs are unsustainable?

Trump's statement reflects a potential de-escalation in the US-China trade war, impacting global markets and investor confidence. The high tariffs imposed by both countries have led to economic uncertainty, prompting calls for a resolution. The stock market's increase indicates a positive reaction to the prospect of reduced tariffs.

kathimerini.gr

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Apr 23, 07:12

Meritocracy Increases Inequality, Yale Professor Argues

Yale Law professor Daniel Markovits contends that meritocracy increases inequality by giving wealthy children an educational advantage, leading to higher scores on standardized tests like the SAT and disproportionately more success than their middle-class counterparts. Despite overall poverty reduct...

Meritocracy Increases Inequality, Yale Professor Argues

Yale Law professor Daniel Markovits contends that meritocracy increases inequality by giving wealthy children an educational advantage, leading to higher scores on standardized tests like the SAT and disproportionately more success than their middle-class counterparts. Despite overall poverty reduct...

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Reduced Inequality

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How does meritocracy in Western democracies exacerbate social inequality, despite overall economic growth and poverty reduction?

Daniel Markovits, a Yale Law professor, argues that meritocracy, while seemingly promoting economic growth, exacerbates inequality. He points to the significant advantage wealthy children have in education, leading to higher SAT scores and disproportionate success compared to their middle-class peers. This widening gap between the rich and the middle class, despite overall poverty reduction, fuels social unrest.

bbc.com

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Apr 22, 10:15

Harvard Sues Trump Administration Over \$2 Billion Funding Cut

Harvard University sued the Trump administration on April 14th for attempting to withhold over \$2 billion in federal funding after the university rejected the administration's demands, including reporting on students deemed to be anti-American. The lawsuit argues that the administration's actions c...

Harvard Sues Trump Administration Over \$2 Billion Funding Cut

Harvard University sued the Trump administration on April 14th for attempting to withhold over \$2 billion in federal funding after the university rejected the administration's demands, including reporting on students deemed to be anti-American. The lawsuit argues that the administration's actions c...

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Quality Education

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What are the potential long-term consequences of this legal battle for academic freedom and research funding?

This legal challenge could set a significant precedent, impacting the relationship between the federal government and higher education institutions. The outcome will influence how future administrations approach funding and oversight of universities, potentially shaping academic freedom and research agendas. The long-term effects could include reduced research funding and a chilling effect on academic discourse.

abcnews.go.com

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Apr 22, 04:08

5 Million Americans Face Student Loan Collections Resumption on May 5

The Department of Education announced that on May 5, 2024, it will resume collections on defaulted student loans for approximately 5 million borrowers, marking the end of a pandemic-related pause and raising concerns about the impact of staff cuts within the department.

5 Million Americans Face Student Loan Collections Resumption on May 5

The Department of Education announced that on May 5, 2024, it will resume collections on defaulted student loans for approximately 5 million borrowers, marking the end of a pandemic-related pause and raising concerns about the impact of staff cuts within the department.

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What are the immediate consequences of the May 5th resumption of student loan collections for the 5 million affected borrowers?

On May 5th, 2024, approximately 5 million Americans with defaulted student loans will re-enter the collections process. This marks the resumption of loan collections after a pandemic-related pause, impacting borrowers' credit scores and potentially affecting access to future aid. The Department of Education asserts this protects taxpayers.

themarker.com

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Apr 22, 10:15

Asian Markets Fall After Trump Attacks Fed Chair

Asian markets fell following a 2%+ drop in US markets after President Trump attacked Federal Reserve Chairman Jerome Powell for not lowering interest rates, citing concerns over trade wars and the Fed's independence; JD.com and Meituan stocks also fell significantly in Hong Kong due to a growing con...

Asian Markets Fall After Trump Attacks Fed Chair

Asian markets fell following a 2%+ drop in US markets after President Trump attacked Federal Reserve Chairman Jerome Powell for not lowering interest rates, citing concerns over trade wars and the Fed's independence; JD.com and Meituan stocks also fell significantly in Hong Kong due to a growing con...

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What is the immediate impact of President Trump's criticism of Jerome Powell on global markets?

Asian markets largely declined following Wall Street's drop, attributed to President Trump's attack on Federal Reserve Chairman Jerome Powell. Tokyo fell 0.1%, while Hong Kong rose 0.8%, Shanghai 0.5%, Seoul 0.1%, and Sydney closed down 0.1%. This follows Wall Street's over 2% plunge after Trump criticized Powell for not lowering interest rates, calling him "behind the curve" and a "big loser.

tr.euronews.com

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Apr 22, 19:17

US-China Trade War Costs "Magnificent Seven" $4.2 Trillion

The "Magnificent Seven" tech giants experienced a $4.2 trillion market value drop since President Trump's inauguration, largely due to the US-China trade war's impact on supply chains and market uncertainty, exemplified by Nvidia's $5.5 billion charge from a China sales ban.

US-China Trade War Costs "Magnificent Seven" $4.2 Trillion

The "Magnificent Seven" tech giants experienced a $4.2 trillion market value drop since President Trump's inauguration, largely due to the US-China trade war's impact on supply chains and market uncertainty, exemplified by Nvidia's $5.5 billion charge from a China sales ban.

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How did the US-China trade war specifically impact Nvidia, and what were the financial consequences?

President Trump's trade war with China had a devastating impact on the tech sector. The tariffs, though partially eased, created uncertainty, affecting supply chains, inventories, and demand. This uncertainty was further compounded by conflicting White House statements, leading to massive market volatility.

nbcnews.com

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Apr 23, 04:13

Trump Calls Shapiro Following Arson Attack on Governor's Home

President Trump called Pennsylvania Governor Josh Shapiro on April 22nd to discuss the April 13th arson attack on Shapiro's home in Harrisburg, Pennsylvania; the conversation, which lasted approximately 20 minutes, also covered other topics such as tariffs.

Trump Calls Shapiro Following Arson Attack on Governor's Home

President Trump called Pennsylvania Governor Josh Shapiro on April 22nd to discuss the April 13th arson attack on Shapiro's home in Harrisburg, Pennsylvania; the conversation, which lasted approximately 20 minutes, also covered other topics such as tariffs.

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Peace, Justice, and Strong Institutions

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What are the potential long-term implications of this incident, and what broader trends does it reflect regarding political violence and cross-partisan relations?

The incident underscores the heightened political polarization and potential risks faced by political leaders. Governor Shapiro's call with President Trump, despite their political differences, suggests a potential for bipartisan cooperation on certain issues. However, differing responses to similar incidents may continue to fuel partisan divisions.

news.sky.com

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Apr 22, 07:15

Harvard Sues Trump Administration Over $2.2 Billion Funding Freeze

Harvard University is suing the Trump administration after $2.2 billion in research funding was frozen following accusations of antisemitism and ideological bias, prompting a legal battle over academic freedom and government oversight.

Harvard Sues Trump Administration Over $2.2 Billion Funding Freeze

Harvard University is suing the Trump administration after $2.2 billion in research funding was frozen following accusations of antisemitism and ideological bias, prompting a legal battle over academic freedom and government oversight.

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What are the immediate consequences of the Trump administration freezing $2.2 billion in funding for Harvard University?

Harvard University is suing the Trump administration after $2.2 billion in federal funding was frozen due to accusations of ideological bias and antisemitism. The university rejects these claims and argues the funding freeze is arbitrary and violates its First Amendment rights. The lawsuit alleges no connection between the alleged antisemitism and the frozen research funding.

bbc.com

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Apr 22, 04:08

Trump Considers Invoking Insurrection Act Amidst Record Low Border Crossings

President Trump is considering invoking the Insurrection Act of 1807 to deploy active-duty military at the US Southern border, citing a "national emergency" despite border crossings reaching a 25-year low of 8,300 migrant apprehensions; the 19th-century law allows military personnel to perform domes...

Trump Considers Invoking Insurrection Act Amidst Record Low Border Crossings

President Trump is considering invoking the Insurrection Act of 1807 to deploy active-duty military at the US Southern border, citing a "national emergency" despite border crossings reaching a 25-year low of 8,300 migrant apprehensions; the 19th-century law allows military personnel to perform domes...

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How does President Trump's consideration of the Insurrection Act relate to his broader immigration policies and past actions, and what are the potential consequences?

Trump's consideration of the Insurrection Act stems from his campaign promise to crack down on illegal immigration. He views the border situation as a "national emergency," justifying the use of extraordinary measures. Historical uses of the Act, such as during the Civil War and in response to the Los Angeles riots, demonstrate its potential for wide-ranging deployment.

kathimerini.gr

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Apr 22, 10:15

Harvard Sues Trump Administration Over $2.2 Billion Funding Freeze

Harvard University filed a lawsuit against the Trump administration on Monday, September 25, 2023, challenging the withholding of $2.2 billion in federal funding due to allegations of antisemitism on campus, which the university denies; this is part of a wider conflict between the administration and...

Harvard Sues Trump Administration Over $2.2 Billion Funding Freeze

Harvard University filed a lawsuit against the Trump administration on Monday, September 25, 2023, challenging the withholding of $2.2 billion in federal funding due to allegations of antisemitism on campus, which the university denies; this is part of a wider conflict between the administration and...

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What are the long-term implications of this lawsuit for academic freedom and government oversight of universities?

The implications of this case extend beyond Harvard, potentially impacting other universities facing similar accusations. The outcome will determine the extent to which the government can use financial pressure to influence academic freedom and institutional policies. The lawsuit sets a precedent for future conflicts between government and academic institutions.

dw.com

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Apr 22, 16:17

US Academics Condemn Trump Administration's Interference in Higher Education

One hundred US university presidents and academics, including Harvard, Yale, and Princeton, publicly criticized Donald Trump's administration on April 22, 2025, for unprecedented interference in higher education, following Harvard's lawsuit against the government over frozen federal funds.

US Academics Condemn Trump Administration's Interference in Higher Education

One hundred US university presidents and academics, including Harvard, Yale, and Princeton, publicly criticized Donald Trump's administration on April 22, 2025, for unprecedented interference in higher education, following Harvard's lawsuit against the government over frozen federal funds.

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How does the collective statement from university leaders balance the need for governmental oversight with the protection of academic freedoms?

The statement, supported by the American Association of Colleges and Universities, opposes undue government intrusion into campus life while acknowledging the need for legitimate oversight. The signatories, including Harvard, Yale, and Princeton, fear that limiting academic freedoms will harm students and society.

forbes.com

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Apr 22, 01:12

Mantra's OM Token Crashes 90%, Losing \$5.4 Billion

Mantra's OM token crashed over 90% last Sunday, losing \$5.4 billion in market cap after 17 wallets moved \$227 million worth of tokens to exchanges Binance and OKX in preceding days, triggering a liquidity crisis and forced liquidations; comparisons to the Terra/LUNA collapse abound.

Mantra's OM Token Crashes 90%, Losing \$5.4 Billion

Mantra's OM token crashed over 90% last Sunday, losing \$5.4 billion in market cap after 17 wallets moved \$227 million worth of tokens to exchanges Binance and OKX in preceding days, triggering a liquidity crisis and forced liquidations; comparisons to the Terra/LUNA collapse abound.

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What were the primary factors contributing to the dramatic 90% price drop of Mantra's OM token, and what are the immediate consequences for investors and the broader cryptocurrency market?

Mantra's OM token price plummeted over 90% in a single day, wiping out over \$5.4 billion in market capitalization. This followed the transfer of \$227 million worth of OM tokens to exchanges Binance and OKX by 17 wallets in the days leading up to the crash. The incident sparked comparisons to the Terra/LUNA collapse, highlighting the risks inherent in volatile crypto markets.

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