Friday Briefing: Trump orders new global tariffs
Good morning. We’re covering President Trump’s plan for new global tariffs and Ukraine’s concerns about peace talks. Plus, “Saturday Night Live” turns 50.
Trump ordered tariffs that could upend global tradePresident Trump yesterday ordered his advisers to calculate new “reciprocal” tariffs that would affect nearly every country around the world. India, Japan and the E.U. could be the hardest hit. The new tariffs, which could go into effect on or after April 2, would be calculated by taking into account tariffs other countries place on goods from the U.S. as well as other taxes, subsidies given to their own industries and other practices Trump deems unfair. He made clear that his ultimate goal was to force companies to bring manufacturing back to the U.S. “If you build here, you’ll have no tariffs whatsoever,” Trump said at the Oval Office. The order came just hours before Trump was to meet at the White House with Prime Minister Narendra Modi of India, whose country charges the kind of higher levies on U.S. imports that Trump has found problematic. The leaders are scheduled to hold a news conference, and we will have live updates here. Context: For decades, U.S. tariff levels have been decided in negotiations at international bodies like the World Trade Organization. Trump wants to effectively scrap that system in favor of one determined solely by U.S. officials and based on their own criteria. Quotable: “These tariff proposals amount to a declaration of an all-out trade war against practically all major U.S. trading partners,” said Eswar Prasad, a trade policy professor at Cornell University. “It is stunning and disappointing to see the country that had been the leading proponent of free trade now engaged in a direct assault on the rules and principles underlying that system.”
Ukraine and E.U. fear being sidelined in peace talksPresident Volodymyr Zelensky of Ukraine and European leaders yesterday insisted that they must have a seat at the negotiating table after President Trump moved to open talks with Russia on ending the war. On Wednesday, after speaking with President Vladimir Putin of Russia, Trump suggested that Ukraine’s borders could be redrawn and its NATO bid could be withheld. My colleague Steven Erlanger, our chief diplomatic correspondent in Europe, told me that leaders on the continent “are unhappy about concessions made to Putin that seem to have been granted without any negotiation or recompense.” Some of America’s closest allies, including Britain and Germany, tried to assert a role in the peace effort. Boris Pistorius, Germany’s defense minister, said after a NATO meeting that Europe “will have to live directly” with the consequences of any deal and may have “to play a central or the main role in the peace order.”
“We, as a sovereign country, simply will not be able to accept any agreements without us,” Zelensky said. The thaw in U.S.-Russia relations has left Ukraine in a tough spot. What’s next: Trump said that he may meet Putin in Saudi Arabia for talks. For Putin, the call with Trump was a turning point in the three-year war. Ukrainians expressed a mixture of fear and hope over the idea of peace talks.
Hamas said hostage releases would continueHamas said yesterday that it was ready to release Israeli hostages this weekend as long as Israel upheld its end of the cease-fire agreement. Earlier this week, the militant group said it was indefinitely suspending the next release to protest what it described as Israeli violations of the deal. Israel has not yet commented.
Sports
A dam project to protect a river near Prague and the endangered animals living in it was held up for years by negotiations. Then, nature took its course: A group of beavers built the dams themselves practically overnight, creating a wetland twice as large as planned and saving authorities about 1.2 million euros. Lives lived: David Edward Byrd, who captured the spirit of eras with posters for concerts by Jimi Hendrix, the Who and the Rolling Stones, died at 83.
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50 years of being funny on American TV“Saturday Night Live” celebrates its 50th anniversary this weekend. The American sketch comedy and satire show has built a reputation of being cool, silly and endlessly quoted. It has also provided a launchpad for stars like Eddie Murphy, Tina Fey and Bill Murray. Most alumni of the show would agree that one man has anchored it all: its creator, Lorne Michaels. A monumental biography of the impresario of funny digs into how he built the house of “S.N.L.” Read about “Lorne” here. Losing it: Breaking character isn’t planned, but it’s become an “S.N.L.” signature move. Lingo: The show’s many catchphrases have become permanent parts of Americans’ daily conversations. Peak “S.N.L.”: Our chief TV critic thinks this is the greatest episode ever.
Bake: For Valentine’s Day, consider this chocolate cheesecake with raspberry swirl. Watch: In “Paddington in Peru,” the gentlemanly bear goes on a journey of self-discovery. Game: Avowed presents players with weighty choices and an impressive narrative. Prepare: Here’s how to get ready for your digital afterlife. Travel: Spend 36 hours in Guadalajara, Mexico. Play: Spelling Bee, the Mini Crossword, Wordle and Sudoku. Find all our games here. That’s it for today. See you next week. — Emmett We welcome your feedback. Send us your suggestions at briefing@nytimes.com.
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