Stock in the company has dropped every week since Musk went to Washington, wiping out more than $700 billion in market value. And Musk's personal net worth has dropped $148 billion since Inauguration Day, according to the Bloomberg Billionaire Index.

Trump Checks Out Teslas At White House As Musk's Auto Company Stock Sinks

President Trump's sweeping tariffs on foreign steel and aluminum went into effect on Wednesday, escalating America's trade spats with global competitors, including close allies already reeling from his on-and-off approach to trade penalties.

Mr. Trump's tariffs of 25 percent on the metals hit imports that enter the United States from any country in the world. The move, which many domestic steel and aluminum makers support, is expected to raise costs for American manufacturers of cars, tin cans, solar panels and other products, potentially slowing the wider U.S. economy.

Trump’s Worldwide Tariffs on Steel and Aluminium Take Effect

European Commission president Ursula von der Leyen announced a response to new US tariffs on steel and aluminium imports, unveiling a package of countermeasures aimed at US exports.

Early Wednesday morning, the EU executive launched a set of proportionate countermeasures on US imports into the EU, targeting a variety of American products, ranging from boats to bourbon to Harley-Davidson motorbikes.

EU Strikes Back Against US Steel and Aluminium Tariffs With Retaliatory Package

March 12 (Reuters) - Canada will announce C$29.8 bln in retaliatory tariffs on the United States on Wednesday in response to U.S. President Donald Trump's steel and aluminum tariffs, a Canadian official said.

Canada is the biggest foreign supplier of steel and aluminum to the United States.

Canada To Announce C$29.8 Billion In Retaliatory Tariffs On US, Official Says

U.S. President Donald Trump defended his tariff policies on Tuesday as he met the CEOs of America's biggest companies, including many whose market value has dipped in recent days as recession and inflation fears soured consumer and investor sentiment.

Trump Defends Tariffs Before Corporate America As Stocks Sell Off

How bad will the economic impact of the Trump administration's chaotic tariff policies be? Markets seem to think that if the president won't stop the damage, the Federal Reserve will. I think they're too complacent.

Trump’s Tariffs Will Be Worse Than Markets Think

SINGAPORE, March 12 (Reuters) - There is about a 40% chance of a U.S. recession this year and a risk of lasting damage to the country's standing as an investment destination if the administration undermines trust in U.S. governance, according to J.P. Morgan's chief economist.

J.P. Morgan Economist Sees 40% US Recession Chance and Risks To 'Exorbitant Privilege'

WASHINGTON, March 11 (Reuters) - The Republican-controlled U.S. House of Representatives voted on Tuesday to block the ability of Congress to quickly challenge tariffs imposed by President Donald Trump that have rattled financial markets.

The 216-214 vote, largely along party lines, delays lawmakers' ability for the rest of the year to force a vote that could revoke Trump's tariffs and immigration actions.

House Republicans Block Congress' Ability To Challenge Trump Tariffs

BEIJING, March 10 (Reuters) - China will continue to grow bilateral relations with Canada on the basis of mutual respect and equality, the foreign ministry said after Mark Carney won the race to lead Canada's ruling party and become the next prime minister.

China Says It Will Grow Relations With Canada On Basis Of Mutual Respect

The Department of Education initiated mass layoffs on Tuesday night, reducing its workforce by nearly 50%, sources told ABC News. The "reduction in force" notices began to go out at about 6 p.m. Some 1,315 employees were affected by the RIFs, leaving 2,183 employed by the department, according to senior officials at the DOE.

Department of Education Lays Off Nearly 50% Of Its Workforce

The Education Department announced on Tuesday that it was firing more than 1,300 workers, effectively gutting the agency that manages federal loans for college, tracks student achievement and enforces civil rights laws in schools.

The layoffs mean that the department, which started the year with 4,133 employees, will now have a work force of about half that size after less than two months with President Trump in office. In addition to the 1,315 workers who were fired on Tuesday, 572 employees accepted separation packages offered in recent weeks and 63 probationary workers were terminated last month.

Education Department Fires 1,300 Workers, Gutting Its Staff

Ayo Edebiri revealed on her Instagram story that she got “insane death threats” because of Elon Musk. The X owner shared a fake report in February 2024 claiming Disney was considering Edebiri as a replacement for Johnny Depp in the “Pirates of the Caribbean” franchise. Musk reacted to the report by writing: “Disney sucks.”

Ayo Edebiri Got Death Threats After Elon Musk Shared Pirates Rumor

In Canada, where the American national anthem has been booed during hockey matches with US teams, a slew of apps has emerged with names such as “buy beaver”, “maple scan” and “is this Canadian” to allow shoppers to scan QR barcodes and reject US produce from alcohol to pizza toppings.

Figures released this week suggested the number of Canadians taking road trips to the US – representing the majority of Canadians who normally visit – had dropped by 23% compared with February 2024, according to Statistics Canada.

In Sweden, about 40,000 users have joined a Facebook group calling for a boycott of US companies – ironically including Facebook itself – which features alternatives to US consumer products.

In Denmark, where there has been widespread anger over Trump’s threat to bring the autonomous territory of Greenland under US control, the largest grocery company, the Salling group, has said it will tag European-made goods with a black star to allow consumers to choose them over products made in the US.

More striking, perhaps, is the decision by companies to cut ties with the US. Norway’s largest oil bunkering operation, the privately owned Haltbakk, recently announced a boycott of its occasional supplying of fuel to US navy ships.

‘I Feel Utter Anger’: From Canada to Europe, a Movement to Boycott Us Goods Is Spreading

Canadian opinion of the United States has fallen so far so fast that it is driving a historic “realignment” of which countries Canadians see as their main allies, a new survey suggests.

The European Union and United Kingdom have quickly emerged as the countries Canadians feel best about, just by staying positively viewed by about three-quarters of Canadians, as usual.

Almost two-thirds (63 per cent) say U.S. President Donald Trump’s “expressed interest to make Canada the 51st American State” must be taken “very seriously,” and a slim majority of respondents to the new survey say they are personally willing to defend Canada from a military threat.

“In 25 years of polling I don’t recall it ever being this low. And to see the United States viewed only a little more positive than say China, with whom we’ve had problems, shows how much damage has been done to a relationship with a country that has long seen us as its closest ally,” he said.

The survey tracked positive opinions of different countries from June of last year to today, and the only one to change significantly was the American number, from 52 per cent to 33.

Canadian Opinion of U.S. Dives; 63% Take Trump Threats ‘Very Seriously’

The U.S. government's recent move to designate Korea as a "sensitive country" in the energy sector is seen as a subtle warning amid growing calls within Korea to develop its own nuclear arsenal, analysts said, Tuesday.

According to diplomatic sources, the U.S. Department of Energy (DOE) is reviewing whether to classify South Korea as a sensitive country on its internal list, a measure that will take effect on April 15.

A "sensitive country" is one that requires "particular consideration for policy reasons, including national security, nuclear nonproliferation, regional instability, threats to national economic security, or support for terrorism," according to the DOE website.

Us Move to List South Korea as ‘Sensitive Country’ Seen as Warning on Nuclear Ambitions: Experts - The Korea Times

The Department of Agriculture has slashed over $1 billion in funding aimed at helping schools and food banks purchase from local farmers, according to a nonprofit.

“Multiple states” were recently notified of these cuts, the nonprofit School Nutrition Association said in a statement Tuesday.

An estimated $660 million in funds through the Local Food for Schools program for 2025 will no longer be available to support childcare institutions and schools, the group added.

Trump Freezes $1 Billion in Food Aid Given to Local Schools and Food Banks to Help Low-Income Families

“The Day of Hope resolution also recognized “the need for a more inclusive, equitable and balanced approach to economic growth that promotes sustainable development, poverty eradication, happiness and hope for all peoples.”

A U.S. representative to the UN said the measure “contains references to diversity, equity and inclusion that conflict with U.S. policies that seek to eliminate all forms of discrimination and create equal opportunities for all.”

Trump’s u.s. Only Country to Vote Against International Day of Hope

International Day for Judicial Well-being

First, the General Assembly took up the draft resolution titled “International Day for Judicial Well-being” (document A/79/L.52).  Introducing the text, Lionel Rouwen Aingimea, Minister for Foreign Affairs and Trade of Nauru, stressed that — while the judiciary “serves as a cornerstone of justice” — challenges faced by judicial officers have long been overlooked.

However, the representative of the United States said that his delegation will request a recorded vote — and vote no — “because this resolution represents the internationalization of the self-care movement and the migration of it into domains where it does not belong”.

The Assembly then adopted the resolution by a recorded vote of 160 in favour to 1 against (United States), with 3 abstentions (Haiti, Madagascar, Syria).  Through the text, the General Assembly decided to proclaim 25 July of each year the International Day for Judicial Well-being.

Education for Democracy

Next, the Assembly considered the draft resolution titled “Education for democracy” (document A/79/L.56).  The representative of Mongolia introduced that text, emphasizing that an inclusive education system empowers individuals and strengthens governance institutions.  The text therefore calls for investments in quality education and lifelong learning, also urging Member States to harness the potential of digital technologies to advance education for democracy, he said.

The representative of the United States said that his delegation will again call for a recorded vote — and vote no — on this draft “because much of the text violates United States policies”.  Specifically, he said that its discussion of misinformation and disinformation is an “unequivocal red line for the United States”, as these terms are “intentionally nebulous and ill-defined so they can be wielded as tools of censorship”.

The Assembly then adopted the resolution by a recorded vote of 151 in favour to 1 against (United States), with 8 abstentions (Argentina, Belarus, Fiji, Madagascar, Russian Federation, Samoa, Solomon Islands, Syria).  Through the text, the Assembly strongly encouraged Member States and education authorities to integrate education for democracy — along with civic education and human-rights education, among others — into their education standards.

International Day of Peaceful Coexistence

The Assembly also considered the draft resolution titled “International Day of Peaceful Coexistence” (document A/79/L.53).  Abdulla bin Ahmed Al Khalifa, Minister for Transportation and Telecommunications of Bahrain, introducing that text, said that it reaffirms the role of Member States and other stakeholders in promoting tolerance, respect for religious and cultural diversity and human rights.

The representative of the United States again said that his delegation will call for a recorded vote on this text — and vote no — expressing concern that the resolution “advances a programme of soft global governance that is inconsistent with US sovereignty”.  He added:  “Simply put, globalist endeavours like Agenda 2030 and the SDGs lost at the ballot box; therefore, the US rejects and denounces the Agenda 2030 for Sustainable Development and the SDGs.”

He also expressed concern that the resolution’s titular reference to “peaceful coexistence” could be “co-opted to imply the United Nations’ endorsement of China’s ‘Five Principles of Peaceful Coexistence’”.  Speaking in exercise of the right of reply, China’s representative said that such principles are “widely recognized by the international community and contained in many international instruments”.

Adopting the resolution by a recorded vote of 162 in favour to 3 against (Argentina, Israel, United States), with 2 abstentions (Paraguay, Peru), the Assembly decided to proclaim 28 January as the International Day of Peaceful Coexistence, to be observed annually.

International Day of Hope

The Assembly then turned to the draft resolution titled “International Day of Hope” (document A/79/L.54).  Introducing it, Kiribati’s representative said that hope is “a force that has carried humanity through the darkest of times and propelled us towards a future of possibility, resilience and renewal”.  However, he expressed disappointment over the decision by the United States to force a vote.

On that, the delegate of the United States said that the text “contains references to diversity, equity and inclusion that conflict with US policies that seek to eliminate all forms of discrimination and create equal opportunities for all”.  He added: “In a world that faces many challenges, funding and effort should be allocated to critical causes and crises, rather than International Days.”

The Assembly then adopted the text by a recorded vote of 161 in favour to 1 against (United States), with 4 abstentions (India, Paraguay, Peru, Türkiye), through which it decided to declare 12 July the International Day of Hope.

“What we’ve just seen this morning is a clear example of the lack of commitment by the United States to a culture of peace, to the United Nations as a whole and to multilateralism in general,” stressed the representative of Cuba, after the vote.

Meetings Coverage and Press Releases

Hilarious.

It's Israels whole MO, next to turning reality upside down. Trump is following Netanyahu's tactics to a T, he just doesn't have as good a hasbara team behind him. (yet) Hence cozying up to Putin for more propaganda advice... He's got his supporter base fooled anyway.

I can't believe the President just openly shows the corruption with "buying a Tesla" in front of the White House from the guy who paid him already hundreds of millions who surprisingly also got his special job from Trump to fire "everyone" he wants. You can't even imagine to see something like that in most Third World countries.

Oh, yeah, remember when Twitter was banned in Brazil because they refused to give information of and block accounts that were using misinformation to directly attack our democracy? And then the Apartheid billionaire proceeded to call our supreme court ministers, dictators? I'm glad Musk's America is the land of the free.

Oh, yeah, and remember when the Tesla owner was buying votes in all 7 swing states? Ha ha, funny guy that Elon.