Morning Wire - Trade War Escalates & Coal's Comeback | Afternoon Update | 4.11.25

Episode Date: April 11, 2025

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promo code wire. The trade war between the U.S. and China escalates while the U.S. economy gets some positive news, and the commander of the U.S. space base in Greenland is removed. I'm Georgia Howe with Daily Wire, editor-in-chief John Bickley. It's Friday, April 11th, and this is your morning wire afternoon update. China raised tariffs on U.S. goods again today, this time to 125%. The move sent the U.S. dollar lower for a fifth straight day, while gold surged to new high. highs. The intensifying trade war continues to shake global markets. Major stock indexes have fallen as much as 7% since President Trump's tariff announcement. European and Asian markets have also seen declines as officials brace for more fallout and prepare potential countermeasures.

Meanwhile, the U.S. economy continues to show signs of strength. The producer price index dropped by 0.4% month over month to 2.7% annually, beating expectations. Economists, had forecast an increase of 0.2% monthly and 3.3% annually. The producer price index is a bellwether for inflation. The commander of the U.S. space base in Greenland has been relieved of her duties. The Pentagon cited a loss of confidence in her ability to lead that follows Vice President J.D. Vance's recent visit to the U.S. military outpost. Colonel Susanna Myers had pushed back on comments made by Vance during his March trip. Defense officials said actions seen as undermining the chain of command or the president's agenda would not be tolerated.

Colonel Sean Lee has been appointed to take over leadership as the U.S. continues to strengthen its strategic posture in Greenland. The ousted commander wrote in an email, quote, I do not presume to understand current politics, but what I do know is the concerns of the U.S. administration discussed by Vice President Vance on Friday are not reflective of Potapak Space Base. In a White House signing ceremony this week, Trump declared coal to be essential to America's economic and national security. Daily Wire reporter Tim Pierce has more on Trump's latest executive orders. Surrounded by coal miners and hard hats and vests, Trump signed executive orders this week directing federal agencies to prioritize coal production and exports. The orders designate coal as a critical mineral, lift leasing restrictions on federal lands, and call for a rollback of regulations that limit coal-fired energy.

Trump cited rising electricity demands for, AI data centers and manufacturing as a reason to reinvest in clean coal technologies. The move signals a major policy shift favoring fossil fuels amid ongoing debates over climate change and energy transition. This episode is brought to you by Good Ranchers. Support the tradition of American farmers and ranchers who have spent generations working to feed Americans with high-quality meat exclusively and locally sourced right here in the USA. Subscribe now at Good Ranchers.com for free bacon, ground beef, seed oil free, chicken

nuggets, or salmon in every order for a year, plus $40. off with Code Wire. Good Ranchers, American Meat Delivered. Robert Kennedy Jr. gave his first interview this week since becoming Health and Human Services Secretary. In the sit-down, he urged Americans to get the measles vaccine, pledged to push food manufacturers to eliminate artificial dyes, and laid out possible changes for insurance coverage for GLP1 weight loss drugs. Kennedy said Medicare and Medicaid coverage may come after patients try monitored diet and exercise. He also addressed public health cuts

and the layoff of thousands of HHS employees. Our agency grew by 38% over the past four years. We have 100 communication departments. We have 40 procurement departments. We have 40 IT departments. We have nine HR departments, and many of them have computer systems

that can't talk to each other, that are incompatible. Or that are faxing to each other, right? And then we also had 28 different institutes or sub-agencies, and many of them were redundant. What this reorganization is meant to do is to eliminate the redundancies, to streamline the agency, and to reorient it so that we are trying to make America healthy. Because a lot of times people, when they live in silos,

their mission comes to accomplish a very, very narrow task. I do it. And I want everybody at that agency to wake up every morning like I do and say, what do I need to do today? to make America healthy again. Tragedy has struck the Dominican Republic where roof collapses left more than 200 people dead. Daily Wire reporter Amanda Presta Giacomo has the details.

Recovery efforts continue at the jet set nightclub in the Dominican Republic. A roof collapsed during a concert has killed at least 221 people with more than 150 others injured. Incident occurred early Tuesday during a performance by Morangay singer Ruby Perez who was among the dead.

At least two former major, Major League Baseball players were also killed. Octavio Dotel and Tony Blanco. Rescue teams continued search efforts as officials confirm several prominent victims, including a provincial governor and a U.S. citizen. Authorities are investigating the cause, noting the club had substantial fire damage back in 2023. And golf's most iconic major is underway. Cran and Company co-host David Cohn has more. The 2025 Masters Open Play Thursday at Augusta National, 95, of of the world's best golfers are chasing the season's first major title. World number one and defending champion, Scotty Sheffler,

looks to add a third green jacket while Roy McElroy enters with momentum and hopes to finally complete the career grand slam. Tiger Woods will sit this one out, but the field remains stacked with elite names, including Bryson D. Chambot and Rising Star Ludwig A. Berg. Fans can catch wall-to-wall coverage all weekend, including live streaming. Those are your drive home updates this afternoon. To learn more about these stories, go to dailywire.com.

And in case you missed it, we covered some big stories this morning, including Trump's win on the budget, the FBI's warning about sex exploitation online, and activist judges granting dubious disability payments. Thanks for tuning in. We'll be back tomorrow morning with another full edition of MorningWire.