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President Trump's Tariff Policies Cause Market Turmoil

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On April 4, 2025, President Donald Trump’s aggressive tariff policies sent shockwaves through global financial markets, triggering widespread turmoil and stoking fears of an economic downturn. The administration’s decision to impose sweeping tariffs—ranging from a 10% baseline on all imports to targeted rates as high as 50% on key trading partners like China, Canada, and Mexico—marked a dramatic escalation in Trump’s long-standing pledge to reshape U.S. trade. While the president touts these measures as a means to boost domestic manufacturing and reduce the $1.2 trillion goods trade deficit, the immediate fallout has been a steep market sell-off, with the S&P 500 plunging nearly 5% in a single day, its worst performance since June 2020. The tariffs, unveiled in a White House address, aim to retaliate against perceived trade imbalances and practices like currency manipulation. Trump argues they will force companies to relocate production to the U.S., creating jobs and strengthenin...
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No One Writes to the Colonel, In the Memory of A Grandfather

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Gabriel García Márquez, a renowned Latin American writer, penned this poignant novella. Unlike his other notable works, "One Hundred Years of Solitude" and "Love in the Time of Cholera", "No One Writes to the Colonel" is a concise and introspective novel.

The story revolves around an aging colonel and his wife, who struggle to make ends meet after the loss of their son. The colonel, a veteran of Colombia's 15-year war, anxiously awaits his pension. His daily routine consists of tending to his asthmatic wife and reminiscing about their deceased son.

When the mail arrives, the colonel eagerly checks if his pension notification has finally come. Despite the disappointment, he persists, holding onto hope. Márquez masterfully explores the human condition, revealing the resilience of the colonel and his wife amidst poverty and hardship.

Interestingly, the protagonist is modeled after Márquez's own grandfather. The author's vivid portrayal of his childhood memories, spent with his grandparents, adds depth to the narrative.

While this novella may not be as sprawling as Márquez's other works, it packs a powerful emotional punch. The colonel's story, though small in scope, resonates deeply, inviting reflection on the human experience.
Literature

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