The Hill's 12:30 Report: Trump takes gamble on new China tariffs

To view past editions of The Hill's 12:30 Report, click here: http://bit.ly/1M1mIfw

To receive The Hill's 12:30 Report in your inbox, please sign up here: http://bit.ly/1Tt4hqN

--> A midday take on what's happening in politics and how to have a sense of humor about it.*

*Ha. Haha. Hahah. Sniff. Haha. Sniff. Ha--breaks down crying hysterically.

 

The Hill's 12:30 Report: New Trump tariffs take effect | Trump defends move: 'No need to rush trade deal' | US, China talks resume in DC | Tariffs pose economic risk for Trump | GOP divided over Trump Jr. subpoena | McConnell tells Trump not to worry | Giuliani pushes Ukraine on probes that could help Trump | How an alliance with Ocasio-Cortez could boost Sanders | New dinosaur with bat-like wings discovered

  

TALK OF THE MORNING

So hike them up, up, up, hike them up, up, up

--> http://bit.ly/2PZmUHp ;)

 

 

Trump serenades the crowd with the altered Fall Out Boy hit song. ;)

 

President TrumpDonald John TrumpTrump: 'I will not let Iran have nuclear weapons' Rocket attack hits Baghdad's Green Zone amid escalating tensions: reports Buttigieg on Trump tweets: 'I don't care' MORE followed through on his threat to hike tariffs on Chinese goods, effective at midnight last night. http://bit.ly/2PYAYkl

The tariffs: "U.S. Customs and Border Protection raised duties from 10 percent to 25 percent on $200 billion worth of imports from China despite Chinese negotiators beginning talks in Washington on Thursday." 

ADVERTISEMENT

Happening in Washington: Chinese Vice Premier Liu He, U.S. Trade Representative Robert LighthizerRobert (Bob) Emmet LighthizerChinese, US negotiators fine-tuning details of trade agreement: report The Trump economy keeps roaring ahead Trump says no discussion of extending deadline in Chinese trade talks MORE and Treasury Secretary Steven MnuchinSteven Terner MnuchinWhite House encouraging investment in Middle East as part of peace plan Trump, China and trade: Who blinks first? On The Money: Treasury rejects Dem subpoena for Trump tax returns | Companies warn trade war about to hit consumers | Congress, White House to launch budget talks next week | Trump gets deal to lift steel tariffs on Mexico, Canada MORE negotiated in Washington yesterday. They are scheduled to meet again today. http://bit.ly/2vMvH6m

 

HERE'S A LIST OF AFFECTED PRODUCTS:

http://bit.ly/2Jv6TYA

 

HOW THE NEW TARIFFS POSE A RISK FOR PRESIDENT TRUMP:

http://bit.ly/2Hd8EYR

 

REACTION FROM CHINA -- GAME ON:

Via Reuters' David Lawder and Yawen Chen, China has vowed to retaliate against the tariff hikes. https://reut.rs/2VXYC61

This morning from Trump -- OK, hear me out:

This morning, President Trump defended the new tariffs on China, saying there is "no need to rush" a trade deal. http://bit.ly/2Hc374F

The first of Trump's tweets: "Tariffs will bring in FAR MORE wealth to our Country than even a phenomenal deal of the traditional kind. Also, much easier & quicker to do. Our Farmers will do better, faster, and starving nations can now be helped. Waivers on some products will be granted, or go to new source!" http://bit.ly/30bQaPW

Read Trump's full explanation: http://bit.ly/2vS59Rg

 

Happy Friday! I'm Cate Martel with a quick recap of the morning and what's coming up. Send comments, story ideas and events for our radar to cmartel@thehill.com -- and follow along on Twitter @CateMartel and Facebook.

Did someone forward this to you? Want your own copy? Sign up here to receive The Hill's 12:30 Report in your inbox daily: http://bit.ly/2kjMNnn

  

IN THE WHITE HOUSE

This is totally how the season of the Netflix drama would end:

President Trump's personal lawyer Rudy GiulianiRudy GiulianiDe Blasio pitches himself as tough New Yorker who can take on 'Don the con' Giuliani says Trump is 'doing the right thing' by resisting congressional subpoenas Giuliani strikes back at Comey: 'No one really respects him' MORE is traveling to Ukraine in the next few days to meet with the president-elect. https://nyti.ms/2E0EO83

Why: To push for investigations that could help President Trump

 

^ Which investigations:

-- "One is the origin of the special counsel's investigation into Russia's interference in the 2016 election." 

-- "The other is the involvement of former Vice President Joseph R. Biden Jr.'s son in a gas company owned by a Ukrainian oligarch." 

Why this is pretty crazy to think about: "Giuliani's plans create the remarkable scene of a lawyer for the president of the United States pressing a foreign government to pursue investigations that Mr. Trump's allies hope could help him in his re-election campaign. And it comes after Mr. Trump spent more than half of his term facing questions about whether his 2016 campaign conspired with a foreign power."

Giuliani told The New York Times: "We're not meddling in an election, we're meddling in an investigation, which we have a right to do." 

Giuliani elaborated: "There's nothing illegal about it. Somebody could say it's improper. And this isn't foreign policy -- I'm asking them to do an investigation that they're doing already and that other people are telling them to stop. And I'm going to give them reasons why they shouldn't stop it because that information will be very, very helpful to my client, and may turn out to be helpful to my government."

Read the full report from The New York Times's Kenneth P. Vogel: https://nyti.ms/2E0EO83

  

LATEST WITH THE MUELLER INVESTIGATION

So many people are fighting over Don Jr.:

Via The Hill's Alexander Bolton and Jordain Carney, "Senate Intelligence Committee Chairman Richard BurrRichard Mauze BurrOvernight Defense: Congressional leaders receive classified briefing on Iran | Trump on war: 'I hope not' | Key Republican calls threats credible | Warren plan targets corporate influence at Pentagon Key Republican 'convinced' Iran threats are credible Congressional leaders receive classified Iran briefing MORE's surprise decision to subpoena Donald Trump Jr.Donald (Don) John TrumpUkraine's top prosecutor says no evidence of wrongdoing by Bidens New financial disclosure forms provide glimpses of Trump's wealth Trump's Doral resort revenue has dropped since presidential campaign: report MORE has set off an internal fight among Senate Republicans, some of whom are now pressing the North Carolina Republican to back off the request." http://bit.ly/2JE7APx

What Republicans against the subpoena argue: They argue that Trump Jr. has spent enough time testifying before Congress and the Russia investigation should be closed after special counsel Robert MuellerRobert (Bob) Swan MuellerSasse: US should applaud choice of Mueller to lead Russia probe MORE's report. 

Reaction from President Trump: Trump said yesterday that he was "very surprised" by the subpoena. In Trump's words: "Frankly for my son, after being exonerated, to now get a subpoena to go again and speak again after close to 20 hours of telling everybody that would listen about a nothing meeting, yeah I'm surprised." http://bit.ly/2VeKfpu

  

This morning from Mitch McConnellAddison (Mitch) Mitchell McConnellBolton emerges as flashpoint in GOP debate on Iran On The Money: Treasury rejects Dem subpoena for Trump tax returns | Companies warn trade war about to hit consumers | Congress, White House to launch budget talks next week | Trump gets deal to lift steel tariffs on Mexico, Canada Schumer calls on McConnell to hold vote on Equality Act MORE -- fah-get about it:

Senate Majority Leader Mitch McConnell (R-Ky.) urged President Trump "not to worry" about the Senate Intelligence Committee's decision to subpoena Donald Trump Jr. http://bit.ly/2WvLl1A

McConnell told WHAS Radio in Kentucky: "I know the president's upset about that, but I think he ought not to worry about it. The chairman of the Intelligence Committee has already said the committee when it reports will find no collusion."

 

TIDBIT -- WHICH 2020 DEMS SAID THEY'VE READ THE FULL 448-PAGE MUELLER REPORT:

"Eight of the 22 Democrats we reached out to responded to BuzzFeed News; some say they've read the entire report, while others say they've read summaries and that they're waiting for the release of the unredacted report before they read it." http://bit.ly/2VWFm8Y 

  

ON THE CAMPAIGN TRAIL

Smart move, Bernie. Smart move:
Via The Hill's Niall Stanage, "Rep. Alexandria Ocasio-CortezAlexandria Ocasio-CortezThe unintended consequences of interest rate caps The Hill's 12:30 Report: Trump threatens jail time over 'treason' and 'spying' Lewandowski: Why Joe Biden won't make it to the White House — again MORE (D-N.Y.) joined with Sen. Bernie SandersBernie SandersButtigieg defends appearing on Fox News: Many Americans don't hear Dems' message Buttigieg: The future 'is personal' for me Donald Trump, president for life? We need term limits now MORE (I-Vt.) on Thursday to propose new restraints on predatory lenders -- and she may boost his 2020 prospects, too." http://bit.ly/2Jv04Gs

Keep in mind: AOC was an organizer for Sanders's 2016 presidential campaign.

How this could play out: http://bit.ly/2Jv04Gs

AOC has harsh words for the House subway:

 

NOTABLE TWEETS

Red Socks. Makes sense:

 

 

Wow, this is pretty cool:

Watch: http://bit.ly/2vV0vBH 

 

ON TAP

The House is in. The Senate is out until Monday. President Trump and Vice President Pence are both in Washington, D.C.

11 a.m. EDT: Vice President Pence meets with the Japanese Chief Cabinet Secretary Yoshihide Suga.

11:15 a.m. EDT: First and last votes in the House.

11:45 a.m. EDT: Vice President Pence meets with representatives from the U.S. Commission on International Religious Freedom.

3 p.m. EDT Monday: The Senate returns. The Senate's full schedule: http://bit.ly/2VSCABx

Sunday: Mother's Day. 

  

WHAT TO WATCH

1 p.m. EDT: Sen. Kirsten GillibrandKirsten Elizabeth GillibrandGillibrand says she would not detain immigrants De Blasio pitches himself as tough New Yorker who can take on 'Don the con' Gillibrand: 'President Trump has started a war on American women' MORE (D-N.Y.) campaigns in Goffstown, N.H. Livestream: https://cs.pn/2VenG4l

4:15 p.m. EDT: President Trump and first lady Melania TrumpMelania TrumpAlec Baldwin leads Trump Oval Office sing-along on 'Saturday Night Live' The Hill's Morning Report — Presented by Pass USMCA Coalition — Trump: GOP has `clear contrast' with Dems on immigration The Hill's 12:30 Report: Alabama abortion bill revives national debate MORE participate in the celebration of military mothers in the East Room of the White House. Livestream: http://bit.ly/2VymyxH

7 p.m. EDT: Presidential candidate John DelaneyJohn Kevin DelaneyMoulton rolls out plan to promote national service among young Americans From dive bars to steakhouses: How Iowa caucus staffers blow off steam Winter is here: How 'Game of Thrones' took over American politics MORE campaigns in Hollis, N.H. Livestream: https://cs.pn/2vOp1EG

8 p.m. EDT Monday: A server from the D.C. restaurant Stoney's will be on the Bachelorette. Details from PoPville: http://bit.ly/2DZcdQs

 

NOW FOR THE FUN STUFF...

Today is National Shrimp Day.

 

Omg the photo on this story:

Via CNN's Katie Hunt, "A new species of dinosaur with bat-like wings has been discovered in China, shedding light on the origin of flight and how dinosaurs evolved into birds." https://cnn.it/2WFxSoc

  

Bears.:

Via ABC News, a man captured video of two black bears fighting in his back yard. Watch -- yikeshttp://bit.ly/2Ha3Ovk

 

And to get your weekend off to an entertaining start, here's a puppy trying to figure out the mechanics of playing with a tennis ball: http://bit.ly/2VZgI7C