Anna's Daybreak News

_{Just facts, you think for yourself}

Thursday, 5:12 AM

April 3, 2025

Good morning news friend! Follow the sparks of change as today’s stories shape tomorrow’s world.📰🌟

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Trump's Reciprocal Tariffs

President Trump has imposed a 10% baseline tariff on nearly all imports, effective April 5. Tariffs on China will soar to 34%, Japan to 24% and India to 26%, while those on the European Union will reach 20%.

The average US tariff rate has jumped to 22%, an increase from 2.5% in 2024. Gold, aluminum and steel are exempt.

This marks the highest tariff level seen since 1910. In response, Canada and Mexico will maintain their existing 25% tariffs. The EU and China promised countermeasures.

View the list of reciprocal tariffs by country.

Sources: Bloomberg, APNews, Reuters, Reuters[2], Reuters[3], NYTimes, NewsWeek.

Senate Republicans Push for Tax Cuts and Debt Increase

Senate Republicans presented a budget plan to fast-track tax cuts and raise the national debt limit by $5 trillion.

This budget outlines a $4 trillion extension of President Trump's 2017 tax cuts, plus an additional $1.5 trillion in new tax cuts.

With a 53-47 majority, Senate Republicans can use a reconciliation process to pass the budget with fewer votes.

Sources: Bloomberg, APNews, NBCNews, WallStreetJournal, CBSNews.

Tesla's Declining Sales

Tesla reported a 13% decline in global vehicle deliveries for Q1 2025, totaling 336,681 units.

This figure fell short of the 396,960 expected by analysts and marks the lowest sales in three years. Production also dropped to 362,615 vehicles.

In Europe, Tesla's market share plummeted from 17.9% to 9.3% year-over-year, with significant drops in key markets like Germany (from 16% to 4%).

Tesla also experienced a 49% decrease in European sales year-over-year, despite overall EV sales growing by 28%.

Sources: WallStreetJournal, APNews, Reuters, CNBC, XTB.

Oracle’s Second Data Breach in a Month

Oracle reported a second cybersecurity breach within a month. A hacker accessed a legacy computer system and stole client log-in credentials.

This breach occurred just after another incident targeted healthcare clients in March.

The stolen data includes usernames, passkeys, and encrypted passwords. Oracle reassured clients that the compromised system has not been used for eight years.

The FBI and cybersecurity firm CrowdStrike are investigating the incidents. The attacker sought an extortion payment from Oracle.

Sources: Reuters, Bloomberg, BusinessWorld, Investing, BusinessTimes.

Quantum Entanglement Filter

Researchers developed the first optical filter capable of isolating and preserving quantum entanglement.

This technology enhances the reliability of quantum computing and communication networks.

They created a new type of filter that uses laser-written glass channels, called waveguides, to guide light. This filter can recover quantum correlations with 99% fidelity.

The breakthrough relies on a concept called anti-parity-time (APT) symmetry. This design allows the filter to guide light toward a stable entangled state effectively.

Sources: USC, SciTechDaily.

Tiny Pacemakers

Scientists developed the world's smallest pacemaker. It measures 1.8 mm wide and 3.5 mm long, smaller than a grain of rice.

This device can be injected via a tiny syringe and dissolves in the body after use.

The pacemaker is designed for newborns with congenital heart defects. About 1% of infants are affected annually and only need temporary pacing for about seven days post-surgery.

This device pairs with a wearable patch that detects heart irregularities. When such irregularities occur, the patch emits light signals, activating the pacemaker. Powered by a galvanic cell using body fluids, this device avoids external batteries.

Sources: ScienceAlert, NWU, CBS, DiscoverMag, PopSci.

“Economics is about making simple things more complicated, mathematics about making complicated things simpler.”

Did you know we also write in-depth deep dives? They are long, packed with insights, and have received rave reviews. If you’re up for a detailed, action-packed read, check them out:

• The Great Retirement Crisis

• Gene Editing

• Quantum Computing

Baked with love,

Anna Eisenberg ❤️