How Trump changed his mind on tariffs
(4/13/2025)
WASHINGTON — “Liberation Day” just gave way to Capitulation Day.
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President Donald Trump pulled back Wednesday on a series of harsh tariffs targeting friends and foes alike in an audacious bid to remake the global economic order.
Trump's early afternoon announcement followed a harrowing week in which Republican lawmakers and confidants privately warned him that the tariffs could wreck the economy. His own aides had quietly raised alarms about the financial markets before he suspended a tariff regime that he had unveiled with a flourish just one week earlier in a Rose Garden ceremony.
Follow live politics coverage here
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The stock market rose immediately after the about-face, ending days of losses that have forced older Americans who've been sinking their savings into 401(k)s to rethink their retirement plans.
Ahead of Trump's announcement, some of his advisers had been in a near panic about the bond markets, according to a senior administration official. Interest rates on 10-year Treasury bonds had been rising, contrary to what normally happens when stock prices fall and investors seek safety in treasuries. The unusual dynamic meant that at the same time the tariffs could push up prices, people would be paying more to buy homes or pay off credit card debt because of higher interest rates. Businesses looking to expand would pay more for new loans.
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Two of Trump's most senior advisers, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, presented a united front Wednesday, urging him to suspend the tariffs in light of the bond market, the administration official said.
In a social media post, Trump announced a 90-day pause that he said he’ll use to negotiate deals with dozens of countries that have expressed openness to revising trade terms that he contends exploit American businesses and workers. One exception is China. Trump upped the tariff on the country’s biggest geopolitical rival to 125%, part of a tit-for-tat escalation in an evolving trade war.
Trump reversed course one week after he appeared in the Rose Garden and unveiled his plan to bring jobs back to the United States. Displaying a chart showing the new, elevated tariffs that countries would face, Trump proclaimed, “My fellow Americans, this is Liberation Day.”
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President Donald Trump pulled back Wednesday on a series of harsh tariffs targeting friends and foes alike in an audacious bid to remake the global economic order.
Trump's early afternoon announcement followed a harrowing week in which Republican lawmakers and confidants privately warned him that the tariffs could wreck the economy. His own aides had quietly raised alarms about the financial markets before he suspended a tariff regime that he had unveiled with a flourish just one week earlier in a Rose Garden ceremony.
Follow live politics coverage here
[url=https://skyiwredshjnhjgeleladu7m7mgpuxgsnfxzhncwtvmhr7l5bniutayd.org]skyiwredshjnhjgeleladu7m7mgpuxgsnfxzhncwtvmhr7l5bniutayd.onion[/url]
The stock market rose immediately after the about-face, ending days of losses that have forced older Americans who've been sinking their savings into 401(k)s to rethink their retirement plans.
Ahead of Trump's announcement, some of his advisers had been in a near panic about the bond markets, according to a senior administration official. Interest rates on 10-year Treasury bonds had been rising, contrary to what normally happens when stock prices fall and investors seek safety in treasuries. The unusual dynamic meant that at the same time the tariffs could push up prices, people would be paying more to buy homes or pay off credit card debt because of higher interest rates. Businesses looking to expand would pay more for new loans.
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Two of Trump's most senior advisers, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, presented a united front Wednesday, urging him to suspend the tariffs in light of the bond market, the administration official said.
In a social media post, Trump announced a 90-day pause that he said he’ll use to negotiate deals with dozens of countries that have expressed openness to revising trade terms that he contends exploit American businesses and workers. One exception is China. Trump upped the tariff on the country’s biggest geopolitical rival to 125%, part of a tit-for-tat escalation in an evolving trade war.
Trump reversed course one week after he appeared in the Rose Garden and unveiled his plan to bring jobs back to the United States. Displaying a chart showing the new, elevated tariffs that countries would face, Trump proclaimed, “My fellow Americans, this is Liberation Day.”
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celer bridge
(4/13/2025)
A long time in the making
Curiosity landed in Gale Crater on August 6, 2012. More than 12 years later, the rover has driven over 21 miles (34 kilometers) to ascend Mount Sharp, which is within the crater. The feature’s many layers preserve millions of years of geological history on Mars, showing how it shifted from a wet to a dry environment.
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Perhaps one of the most valuable samples Curiosity has gathered on its mission to understand whether Mars was ever habitable was collected in May 2013.
The rover drilled the Cumberland sample from an area within a crater called Yellowknife Bay, which resembled an ancient lake bed. The rocks from Yellowknife Bay so intrigued Curiosity’s science team that it had the rover drive in the opposite direction to collect samples from the area before heading to Mount Sharp.
Since collecting the Cumberland sample, Curiosity has used SAM to study it in a variety of ways, revealing that Yellowknife Bay was once the site of an ancient lake where clay minerals formed in water. The mudstone created an environment that could concentrate and preserve organic molecules and trapped them inside the fine grains of the sedimentary rock.
Freissinet helped lead a research team in 2015 that was able to identify organic molecules within the Cumberland sample.
The instrument detected an abundance of sulfur, which can be used to preserve organic molecules; nitrates, which are essential for plant and animal health on Earth; and methane composed of a type of carbon associated with biological processes on Earth.
“There is evidence that liquid water existed in Gale Crater for millions of years and probably much longer, which means there was enough time for life-forming chemistry to happen in these crater-lake environments on Mars,” said study coauthor Daniel Glavin, senior scientist for sample return at NASA’s Goddard Space Flight Center in Greenbelt, Maryland, in a statement.
Curiosity landed in Gale Crater on August 6, 2012. More than 12 years later, the rover has driven over 21 miles (34 kilometers) to ascend Mount Sharp, which is within the crater. The feature’s many layers preserve millions of years of geological history on Mars, showing how it shifted from a wet to a dry environment.
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Perhaps one of the most valuable samples Curiosity has gathered on its mission to understand whether Mars was ever habitable was collected in May 2013.
The rover drilled the Cumberland sample from an area within a crater called Yellowknife Bay, which resembled an ancient lake bed. The rocks from Yellowknife Bay so intrigued Curiosity’s science team that it had the rover drive in the opposite direction to collect samples from the area before heading to Mount Sharp.
Since collecting the Cumberland sample, Curiosity has used SAM to study it in a variety of ways, revealing that Yellowknife Bay was once the site of an ancient lake where clay minerals formed in water. The mudstone created an environment that could concentrate and preserve organic molecules and trapped them inside the fine grains of the sedimentary rock.
Freissinet helped lead a research team in 2015 that was able to identify organic molecules within the Cumberland sample.
The instrument detected an abundance of sulfur, which can be used to preserve organic molecules; nitrates, which are essential for plant and animal health on Earth; and methane composed of a type of carbon associated with biological processes on Earth.
“There is evidence that liquid water existed in Gale Crater for millions of years and probably much longer, which means there was enough time for life-forming chemistry to happen in these crater-lake environments on Mars,” said study coauthor Daniel Glavin, senior scientist for sample return at NASA’s Goddard Space Flight Center in Greenbelt, Maryland, in a statement.
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In a quest to see whether amino acids, the building blocks of proteins, existed in the sample, the team instructed the rover to heat up the sample twice within SAM’s oven. When it measured the mass of the molecules released during heating, there weren’t any amino acids, but they found something entirely unexpected.
An intriguing detection
The team was surprised to detect small amounts of decane, undecane and dodecane, so it had to conduct a reverse experiment on Earth to determine whether these organic compounds were the remnants of the fatty acids undecanoic acid, dodecanoic acid and tridecanoic acid, respectively.
The scientists mixed undecanoic acid into a clay similar to what exists on Mars and heated it up in a way that mimicked conditions within SAM’s oven. The undecanoic acid released decane, just like what Curiosity detected.
Each fatty acid remnant detected by Curiosity was made with a long chain of 11 to 13 carbon atoms. Previous molecules detected on Mars were smaller, meaning their atomic weight was less than the molecules found in the new study, and simpler.
“It’s notable that non-biological processes typically make shorter fatty acids, with less than 12 carbons,” said study coauthor Dr. Amy Williams, associate professor of geology at the University of Florida and assistant director of the Astraeus Space Institute, in an email. “Larger and more complex molecules are likely what are required for an origin of life, if it ever occurred on Mars.”
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