US president insists country is going to flourish as markets close sharply down; Republican ex-leader Mitch McConnell says tariffs are a ‘bad policy’

• US stock markets have worst day since Covid over Trump tariffs
• Global markets in turmoil amid Trump tariffs
• Trump’s chaos-inducing global tariffs, explained in charts

In the aftermath of the disastrous debate against Donald Trump that ultimately ended his political career, Joe Biden skipped a White House meeting with the congressional Progressive caucus in favor of a Camp David photoshoot with the fashion photographer Annie Leibovitz, a new book says.

“You need to cancel that,” Ron Klain, Biden’s former chief of staff and debate prep leader, told the president, as he advocated securing the endorsement of the group of powerful progressive politicians perhaps key to his remaining the Democratic nominee.

Trump says he intends to impose ‘reciprocal tariffs’ on foreign imports and revealed varying amounts against the top US trading partners

• Full report – Trump announces sweeping new tariffs

Donald Trump’s planned tariffs will be negative across the world, with the damage depending on how far they go, how long they last and whether they lead to successful negotiations, the European Central Bank head, Christine Lagarde, said on Wednesday.

The Trump administration on Wednesday is set to announce “reciprocal tariffs” targeting nations that have duties on US goods. That move would come after it slapped new import levies on products from Mexico, China and Canada – the top US trading partners – as well as on goods including steel and autos.

Wisconsin beat the billionaire.

Wisconsin cannot be bought. Our democracy is not for sale. And when we fight, we win. Congratulations, @CrawfordForWI

In interview Trump said he wasn’t joking when he alluded to a purported loophole for a third term as president

Donald Trump has said there are “methods” – if not “plans” – to circumvent the constitutional limit preventing US presidents from serving three terms.

In an interview aired Sunday on NBC, Trump was asked about his trying to stay in office beyond his second presidency, a specter he has repeatedly raised while sometimes claiming he is just joking.

Group of Sipa graduates demonstrate against government’s jailing of graduate student, who spoke up for Palestinians

A handful of alumni from Columbia University’s school of international and public affairs (Sipa) ripped their diplomas in a show of protest against the federal government’s jailing of graduate student Mahmoud Khalil’s over his activism for Palestinians.

On Saturday, instead of participating in the university’s annual Sipa alumni day, a few dozen alumni and students gathered outside campus as part of a protest organized by Sipa’s and Barnard Alumni for Palestine groups.