Trump secures legal wins on immigration and cutting down the federal workforce, The stock market continues to see tariff turbulence, and Trump announces talks with Iran. Get the facts first with Morning Wire.Fast Growing Trees: Get 15% off your first purchase when using the code WIRE at checkout or by visiting https://fastgrowingtrees.com/wireNetSuite: Download the CFO's Guide to AI and Machine Learning for FREE at https://NetSuite.com/MORNINGWIRE
Chapter 1: What Supreme Court wins did Trump secure?
The Supreme Court hands President Trump two wins, one on deportation and another on downsizing the government.
We are going to keep America safe, and a liberal district judge is not going to stop us. And that's what the Supreme Court ruled.
What do the rulings mean for President Trump's agenda?
I'm Daily Wire Editor-in-Chief John Bickley with Georgia Howe. It's Wednesday, April 9th, and this is Morning Wire. As countries seek to talk tariffs with Trump, the stock market sees another turbulent day full of ups and downs.
Chapter 2: How is the stock market reacting to Trump's tariff policies?
The first shock is not always the end shock. There are aftershocks, as you saw today.
And Trump is set for nuclear negotiations with Iran, but warns that the regime may be in jeopardy if talks go south.
Chapter 3: What are the implications of Trump's talks with Iran?
Hopefully those talks will be successful, and I think it would be in Iran's best interest if they are successful.
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Chapter 4: What are the details of the Supreme Court's deportation ruling?
The Supreme Court on Monday cleared the way for the Trump administration to deport illegal alien gang members under a 1798 law. But the decision had both sides of the case claiming a victory.
Daily Wire reporter Tim Pearce is here to talk about what the Supreme Court's decision means, as well as a few other key rulings. Hey, Tim. So first, why are both sides claiming victory after this deportation case?
Well, both sides do have something to point to here as a win. So the Supreme Court ruled five to four that President Trump may use the 1789 Alien Enemies Act to deport gang members, the most important aspect of the ruling. But the court also said those deportees have a right to due process. The Trump administration has taken the decision as a major victory.
Here's Homeland Security Secretary Kristi Noem on Monday.
Today is a bad day to be a terrorist in the United States of America. Today, the Supreme Court came out with a decision that reaffirmed President Trump was correct in using his authority on using the Alien Enemies Act to deport terrorists out of this country.
Of course, it also has something for the illegal aliens who brought the case. The justices unanimously agree that in each case, the alien has a right to have his deportation order reviewed by a judge. And what's the background of this case? Who brought this? The case was brought by a group of Venezuelan nationals. They filed suit in the D.C.
District Court, and the case fell to Judge James Boasberg. He may already be familiar to many of our listeners. Boasberg put a freeze on not only the deportations of the plaintiffs, but any other similarly impacted individuals as well. Another example of what Republicans have said is vast judicial overreach.
The Supreme Court took that case away from Boasberg because it said the lawsuit should have been filed in Texas, where the deportees were being held. Here's White House advisor Stephen Miller.
What does this mean for you and your family watching at home tonight? It means that the Department of Justice, FBI, DEA, ATF, the U.S.
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Chapter 5: How is Trump impacting federal workforce downsizing?
The administration said that that timeline was impractical because of the jurisdictional issues now at play. And the Supreme Court decided with the administration. So it still remains to be seen how this case will work out, but the high court sided with the administration in this round. And then there's the downsizing the federal government case.
The Supreme Court knocked down a lower court order that blocked Trump from cutting 16,000 probationary workers from the federal government. That's a big legal win for Trump's push to reduce the size of the government.
So the federal government just got a little leaner. All in all, a solid couple of days for the Trump team in the courts. Tim, thanks so much for joining us. Thanks for having me on.
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One week after Liberation Day, President Trump is gearing up for formal tariff negotiations with trade partners, offering some optimism for consumers and markets.
Daily Wire senior editor Cabot Phillips has the latest. So Cabot, this remains the biggest story in the world for good reason. And now it seems President Trump is moving fast on some of these potential deals. What are we seeing from Washington?
Yeah, I've been the bearer of bad news lately, so it's nice to have some positive news here. On Tuesday, the president announced major developments on a trade deal with South Korea, America's sixth largest trading partner.
Writing on Truth Social, he said he just finished a, quote, great call with acting President Han Deok-soo, adding that, quote, we have the confines and probability of a great deal for both countries. Their top team is on a plane heading to the U.S. and things are looking good.
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Chapter 6: What new trade deals is Trump negotiating?
The world knows that they need the United States of America. They need our markets. They need our consumer. The president has a lot of leverage on his side because he has the best economy and the best country in the world that he leads. He knows that. And it's about dang time we finally have a president who uses that economic leverage to benefit American workers.
Now, those seemingly imminent deals sparked optimism on Wall Street as markets jumped 3% to 4% Tuesday morning. But ultimately, that run was short-lived as the Dow, Nasdaq, and S&P each began to slump around noon and ended the day in the red.
So a very short bounce. What drove that rise and then fall?
Well, the main corporate appears to be China. On Tuesday afternoon, it became clear that Beijing was prepared for a drawn-out trade war. Remember, while other countries responded to tariffs by seeking a deal, China went the other way, saying they would, quote, never accept such treatment. and slapping additional 34% tariffs on U.S. imports.
They accused the White House of economic, quote, blackmail, and Trump responded with a 50% tariff on top of those already in place. So starting at midnight last night, the Chinese began facing 104% tariffs on all goods coming to the U.S., It's not exactly breaking news that the U.S. imports a lot of stuff from China, and the expected price increases on those goods is clearly spooking investors.
In the meantime, the president said he will cease all negotiations with the Chinese until they make an offer. According to Levitt, they can only hold out for so long.
It was a mistake for China to retaliate. When America is punched, he punches back harder. That's why there will be 104% tariffs going into effect on China tonight at midnight. If China reaches out to make a deal, he'll be incredibly gracious.
Now, these tariffs were at the forefront in Congress yesterday. What did we hear on the Hill?
Right. So the Senate Finance Committee held a hearing yesterday where United States Trade Representative Jameson Greer appeared before lawmakers to defend the president's trade agenda. And it got heated. Here's Virginia Senator Mark Warner, for example, grilling Greer on tariffs against Australia.
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