The Trump administration froze $2.2 billion in grants to Harvard University on Monday after the elite university announced it would not comply with demands for reforms to stop antisemitism and other forms of discrimination. As Breitbart News reported: Harvard University revealed that it will not comply with the Trump administration’s list of demands for the university to make changes to its policies regarding hiring, governance, student admissions, and antisemitism. In response, the Trump administration has suspended some $2.2 billion of nearly $9 billion in federal grants at risk. Nvidia has announced plans to build AI supercomputers in Texas and invest up to $500 billion in AI production within the United States. Barron’s reports that AI powerhouse Nvidia has commissioned over a million square feet of manufacturing space in Arizona and Texas to build and test its Blackwell chips and AI supercomputers. This marks the first time that Nvidia will be producing its cutting-edge AI technology entirely within the United States. The tariff doomsday machine is roaring again. This time, it’s over talk of a 50% tariff on certain imports. Predictably, the panic-peddlers are out in force, warning that such a tariff means retail prices will skyrocket 50%. It’s an easy line to chant, but it’s wrong — flat wrong — and anyone with a basic grasp of economics should know better. Let’s make one thing clear: a tariff applies to the transaction value, not the final retail price. The transaction value is what the importer pays the exporter, plus freight and insurance. That cost is just the first step in a long supply chain. By the time a product reaches the consumer, it’s been marked up to cover domestic shipping, warehousing, employee wages, utilities, sales tax, and profit margins for every hand it passes through. The tariff is just one input among many. Take a simple example. A retailer imports a widget with a $100 transaction value. Add a 50% tariff, and the cost to the importer becomes $150. That importer then sells it wholesale — perhaps at $200 — to a retailer, who marks it up again to $300 for sale. That $50 tariff is now 16.7% of the retail price. Even if every penny of the tariff is passed along, you’re not looking at a 50% increase in retail price — you’re looking at something closer to 17%. But here’s the kicker: tariffs are not always fully passed on to the consumer. Importers and retailers know they can’t raise prices beyond what the market will bear. Sometimes they absorb part of the cost, cut expenses, renegotiate contracts, or shift to different suppliers. The market reacts; it doesn’t just lie down and take it. The National Bureau of Economic Research analyzed the 2018–2019 U.S. tariffs on Chinese goods. They found that for every 10% tariff, retail prices rose 1–2%. So even a 50% tariff, if applied, might cause retail prices to edge up 5–10% — not 50%. That’s a far cry from the alarmist headlines. https://www.zerohedge.com/political/no-50-tariff-doesnt-mean-50-price-hike The Trump administration is turning up the heat on Harvard University. According to a report from CNN, the Trump administration has ordered the Internal Revenue Service to draw up plans to rescind Harvard’s tax-exempt status. The move could potentially cost Harvard billions of dollars a year, threatening its status as one of the world’s leading academic institutions. New damning details have emerged regarding an alleged MS-13 gangster from El Salvador that the corporate media affectionately calls a “Maryland man.” As TGP readers know, the Trump administration recently sent Kilmer Abrego Garcia, who illegally entered America in 2011, back to his home country. The administration cited two court rulings that found that he was an MS-13 gang member. This made him a designated foreign terrorist and an El Salvadorian citizen who was in the United States illegally. The Supreme Court has ordered the Trump administration to ‘facilitate‘ Abrego Garcia’s return. This ruling came after an Obama judge demanded the administration not just “facilitate” but also “effectuate” the man’s return. TGP’s Jordan Conradson has also revealed that Abrego Garcia had TWO protective orders for domestic violence filed against him by his wife, Jennifer Vasquez. One of these was in 2020, and the other in 2021. Court documents showed he repeatedly scratched and beat his helpless wife on multiple occasions, yet the media remains silent. He was arrested with two other members of MS-13 named Christhyan Hernandez-Romero and Jose Guillermo Dominguez. A fourth individual was unnamed in the interview sheet. When Abrego Garcia was arrested, he was wearing MS-13’s uniform. The US Supreme Court agreed to hear oral arguments in response to President Trump’s emergency request to stop nationwide injunction against his birthright citizenship executive order. President Trump asked the Supreme Court to stay the nationwide injunctions issued by the federal judges. The high court agreed to an expedited schedule and set arguments for May 15. https://www.thegatewaypundit.com/2025/04/new-supreme-court-agrees-hear-arguments-trump-birthright/ The Trump administration has issued its starkest warning yet on the future of U.S. involvement in the Ukraine-Russia conflict, declaring it will pull out of peace negotiations entirely if clear progress is not made within days. President Donald Trump and Secretary of State Marco Rubio dropped the hammer Friday, making it clear: America is done playing global babysitter. Speaking to reporters, Trump made it clear that his patience is wearing thin with the endless back-and-forth between Kyiv and Moscow. ...Secretary Rubio warned that if both countries continue to stall, the U.S. will “take a pass”—and rightly so. Marco Rubio: ...we’re not going to continue with this endeavor for weeks and months on end. We need to determine very quickly now—and I’m talking about a matter of days—whether or not this is doable over the next few weeks. If it is, we’re in. If it’s not, then we have other priorities to focus on as well.” Director of National Intelligence Tulsi Gabbard has announced that she has released 10,000 pages of files “directly related to the assassination” of former US Senator and US Attorney General, Robert F. Kennedy (RFK), who was assassinated in a hotel kitchen in Los Angeles in 1968. “In the course of searching FBI and CIA warehouses for records not previously turned over to The National Archives, an additional 50,000 pages of RFK assassination files were discovered,” her office announced in a press release. “The agencies are working to make these records available and will continue to search government facilities for additional files.” Health and Human Services Director Robert F. Kennedy Jr. commended President Trump in a statement “for his courage and his commitment to transparency” in paving the way to release the long-hidden files on his father’s assassination. Franklin Graham Leads Easter Prayer At The White House: ‘There Has Been A Spiritual Drought In This City’: Franklin Graham, president and CEO of the Billy Graham Evangelistic Association and Samaritan’s Purse, led prayer at a White House Easter Prayer Dinner hosted by President Donald Trump Wednesday night. Franklin was also invited to share an Easter message at the Holy Thursday staff worship service in the White House. Before he prayed, Franklin expressed his thanks to Trump for his Palm Sunday message, which acknowledged Easter as a day to celebrate Christ’s resurrection. “There’s been a spiritual drought in this city for the past few years,” Franklin said, “and so I’m very grateful for the Easter declaration you put out.” Trump’s Easter presidential message announced that he and first lady Melania Trump were “celebrating the crucifixion and resurrection of our Lord and Savior, Jesus Christ—the living Son of God.” The White House Faith Office planned events throughout the week to observe Easter, including the Wednesday night event. Franklin’s prayer focused on salvation through Christ’s sacrifice on the cross and His victory over death. While Franklin was invited to preach in today’s Holy Thursday staff worship service, pastor and evangelist Greg Laurie was invited to pray and read Scripture. The White House also planned a time of communion, and Liberty University students were invited to lead worship music.
America ‘Divests’ from Harvard: Trump Admin Freezes $2.2 Billion in Grants:
America Winning: Nvidia to Invest $500 Billion to Build AI Chips and Supercomputers in Texas:
No, A 50% Tariff Doesn't Mean A 50% Price-Hike:
Trump Orders IRS to Draw Up Plans to Rescind Harvard’s Tax-Exempt Status:
JUST IN: Attorney General Pam Bondi Releases Damning New Details Regarding Salvadorian Illegal Alien Kilmar Abrego Garcia:
NEW: Supreme Court Agrees to Hear Arguments in Trump Birthright Citizenship Case:
Trump Administration Threatens to Walk Away from Ukraine-Russia Peace Deal If No Progress Is Made Within Days: ‘The Ukraine War Is Not Our War… We Have Other Priorities to Focus On’:
JUST IN: Tulsi Gabbard Releases 10,000 Pages of RFK Assassination Documents — 50,000 More Pages Incoming:
