Today’s edition of quick hits.
* I wonder what Trump would be tweeting if this happened during a Democrat’s presidency: “Major U.S. stock indexes on Thursday saw their worst one-day drawdowns since the onset of the Covid-19 pandemic. The S&P 500 fell 4.8%, while the Nasdaq fell 6% — both their worst since 2020. The Dow Jones Industrial Average declined 4%, or more than 1,600 — its worst sell-off since 2022.”
* How he defines ‘well’ is not yet clear: “President Trump on Thursday insisted that the rollout of his new reciprocal tariffs is ‘going really well’ despite markets taking a plunge and foreign leaders appearing rattled by the prospect of a global recession.”
* The inevitable pushback: “The government of Canada will be responding to automotive tariffs from the United States by matching 25% tariffs on all vehicles imported from the U.S. that are not compliant with CUSMA, our North American free trade agreement, and on the non-Canadian content of CUSMA-compliant vehicles from the United States, Prime Minister Mark Carney announced today.”
* In the White House: “A Kremlin envoy met in the White House on Wednesday with President Trump’s senior aide on Russia negotiations, Steve Witkoff, according to a U.S. official in Washington with knowledge of the talks. The Russian envoy, Kirill Dmitriev, said online on Thursday that he had been in Washington to meet with Trump administration officials. Mr. Dmitriev’s visit is the first time in years that a senior Russian official was known to have traveled to the United States for talks with American counterparts.”
* ICC news: “Hungary said on Thursday that it would pull out of the International Criminal Court, announcing its decision just hours after Prime Minister Benjamin Netanyahu of Israel arrived there for a visit despite facing an international arrest warrant.”








