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The US Constitution does not guarantee women equality. We intend to change that. | CNN

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The US Constitution does not guarantee women equality. We intend to change that. | CNN

Editor’s Notice: Senator Ben Cardin is the senior US Senator for Maryland. Senator Lisa Murkowski is the senior US Senator for Alaska. The views expressed on this commentary are their very own. Learn extra opinion articles on CNN.



CNN
 — 

The US Structure doesn’t assure girls the identical rights and protections as males. To the shock of many, it incorporates no specific safety towards discrimination on the idea of intercourse.

We intend to vary that to make sure that “Equality of rights beneath the legislation shall not be denied or abridged by america or by any state on account of intercourse.”

Lisa Murkowski

We characterize Alaska and Maryland, states with vastly totally different constituencies and geographies, however we’re working collectively to advance equality for all People as a result of authorized inequities proceed to persist between women and men.

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Written and proposed by Alice Paul and Crystal Eastman, the Equal Rights Modification (ERA) was first launched in Congress 1923 by Republican Senator Charles Curtis and Republican Congressman Daniel Anthony, nephew of Susan B. Anthony. The measure fell brief.

In 1972, after the ladies’s motion took maintain, an up to date model was launched, handed by Congress and despatched to the states for ratification in March of that 12 months. The decision placing forth the ERA included an arbitrary seven-year deadline for the states to ratify. Congress later prolonged that deadline by three years to 1982. Thirty-five states ratified the modification by this time. Three extra states have since: Nevada in 2017, Illinois in 2018 and Virginia in 2020, which turned the thirty eighth state to ratify.

Thirty-eight is three-fourths of the states and the constitutional threshold set for amendments, but the ERA nonetheless just isn’t a part of the Structure due to that extraneous deadline set again in 1972. Article 5 of the Structure incorporates no time restrict for ratification of amendments and the ERA itself incorporates no timeline. Congress has modified the deadline as soon as earlier than and now ought to remove it for good.

Most People suppose we already assure equal rights within the Structure, however we don’t. Regardless of important features within the courts to use the 14th modification’s equal safety clause to discrimination on the idea of intercourse, anchoring this precept in our Structure stays unfinished work.

What we now have now could be a patchwork of legal guidelines that change state by state. Whereas almost half of US states, together with Alaska and Maryland, have a model of the ERA written into their constitutions, girls in our nation won’t have equal safety beneath federal legislation till the ERA is ratified on the federal degree.

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Over the past two years, we witnessed important impacts to girls’s financial participation and prosperity.

On the peak of the pandemic, tens of millions of ladies left their jobs with a view to take care of members of the family or noticed their jobs disappear. The US Bureau of Labor Statistics estimates as many as 2.6 million girls left the workforce throughout the pandemic with about 1 million but to re-enter, leaving the ladies’s workforce participation charge at its lowest degree since 1988.

The Home of Representatives handed a joint decision final 12 months to take away the ratification deadline for the ERA, and we’re championing a decision to do the identical within the Senate. However we want our colleagues to hitch us to go it.

This isn’t a partisan subject. Each Republicans and Democrats help the ERA at this time, and agree it must be added to the US Structure. The vast majority of People agree girls ought to have equal rights with males. In accordance with a Pew survey, 78% of adults help including the ERA to the Structure.

The authorized case can be robust. Because the late Justice Antonin Scalia made clear in 2011, the Structure doesn’t prohibit discrimination on the idea of intercourse. An ERA not solely prohibits intercourse discrimination, it additionally provides – because the late Supreme Court docket Justice Ruth Bader Ginsberg as soon as stated – “an announcement of primary rights” that has been lacking from our Structure for much too lengthy.

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Girls aren’t asking for particular privileges, merely equality and to be afforded the identical authorized rights as males.

As America and our allies work to protect democracy in Ukraine, we’re proud to combat side-by-side on a bipartisan foundation, on behalf of People nationwide, to lastly make the ERA a part of the Structure, guaranteeing equality beneath the legislation for ladies.

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Global stock markets tumble as Donald Trump’s tariffs loom

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Global stock markets tumble as Donald Trump’s tariffs loom

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Global markets tumbled on Monday, with US stocks on track for their worst quarter since 2022, on fears of an escalating trade war led by President Donald Trump.

The S&P 500 was down 0.8 per cent in New York, having already fallen more than 5 per cent this quarter. The tech-heavy Nasdaq Composite dropped 1.9 per cent.

European and Asian stocks were also down sharply, accelerating a sell-off that began last week, after Trump said the reciprocal trade duties he is expected to announce on April 2 would apply globally. Europe’s broad-based Stoxx 600 index was 1.4 per cent lower, while the FTSE 100 lost 0.9 per cent.

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“We’re seeing another wave of US-led selling,” said Trevor Greetham, head of multi-asset at Royal London Asset Management. “There’s been no let-up from Trump.”

US technology stocks were hit on Monday, with chipmaker Nvidia’s share price falling 4.8 per cent and Tesla losing 6.6 per cent. The president last week announced a 25 per cent tariff on imports of foreign-made cars and parts, which would affect the electric-car maker.

Consumer-facing companies and other economically sensitive stocks also fared badly, with International Airlines Group down 7.1 per cent and United Airlines dropping 6.7 per cent amid concerns over demand for flights.

Trump’s tariffs threats have also had a big impact on the industrial commodities sector. London-listed Anglo American fell 5.1 per cent, while Glencore lost 3.2 per cent and BHP dropped 3.8 per cent.

“I don’t necessarily see the floor quite yet,” said Sharon Bell, senior equities strategist at Goldman Sachs.

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The US investment bank has increased its tariff expectations, while downgrading GDP forecasts for the US and Europe. It is now pricing in a more aggressive 15 per cent reciprocal tariff across Washington’s trading partners, and sees a higher probability of a US recession.

The tariff threat “ups the risk premium that you put on equities” said Bell, although she added that the US stock market has “other issues — some of the DOGE cuts, for example, and the general slowing in the pace of growth”.

Gold surged as high as $3,128 a troy ounce, a fresh record, while US Treasury yields declined, in a sign that investors were piling into safe assets. The 10-year yield, which moves inversely to prices, fell 0.03 percentage points to 4.22 per cent.

The latest moves came after Trump addressed reporters on Air Force One on Sunday, saying on tariffs: “You’d start with all countries, so let’s see what happens.” Last week he had hinted at concessions for some countries.

The US president singled out Asia for its trade practices. “Take a look at trade with Asia. I wouldn’t say anybody has treated us fairly,” he said.

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The chaotic rollout of Trump’s aggressive trade agenda has roiled markets and alarmed the US’s trading partners, many of whom have threatened to retaliate.

The US president has said that on Wednesday, which he has dubbed “liberation day”, he will impose levies on any country the White House deems to have an unfair trading relationship with the US.

Charles De Boissezon, global head of equity strategy at Société Générale, said cyclical stocks, whose performance tend to fluctuate with the economy, were suffering. “It is much more the uncertainty overall weighing on investor sentiment,” he said. “The [tariff] announcements keep on changing, but what they have in common is that [they’re] just not good for growth globally.”

The S&P 500 dropped nearly 2 per cent on Friday last week. The tech-focused Nasdaq Composite slid 2.7 per cent as gloomy data on the economy and consumer sentiment raised fears about stagflation.

In Asia on Monday, Japan’s benchmark Topix dropped 3.6 per cent and the exporter-oriented Nikkei 225 slid 4.1 per cent. South Korea’s Kospi fell 3 per cent, while Hong Kong’s Hang Seng retreated 1.3 per cent.

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“Many investors are [waiting] for actual tariffs to be announced, unwinding their positions and realising gains,” said Wei Li, head of multi-asset investments for BNP Paribas in China. “This tariff announcement . . . has affected the whole market sentiment.”

The dollar was up 0.3 per cent against a basket of its major trading partners. Having strengthened after Trump’s election on the anticipation of tariffs feeding inflation, the greenback has weakened this year as investors grow more concerned about the impact of the trade war on the US economy.

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World braces for impact as Donald Trump’s reciprocal tariffs take effect on April 2: What to expect? | Today News

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World braces for impact as Donald Trump’s reciprocal tariffs take effect on April 2: What to expect? | Today News

US President Donald Trump is set to unveil a sweeping tariff plan on April 2, a date he has branded as “Liberation Day.” The plan, centered around so-called reciprocal tariffs, aims to rebalance global trade, boost American manufacturing, and generate substantial revenue for domestic policy priorities. However, the broad scope of these tariffs, potentially covering all nations, has stoked fears of a global trade war.

A plan without details

Despite the imminent rollout, the White House has not specified the exact tariff rates, how they will be calculated, or which countries might qualify for exemptions. Trump has also hinted that non-tariff barriers will be factored into the calculations, but no methodology has been provided.

“You’d start with all countries, so let’s see what happens,” Trump told reporters aboard Air Force One. “I haven’t heard a rumor about 15 countries, 10 or 15.”

Key sectors and trading partners targeted

The new tariffs will build on existing levies on aluminum, steel, and autos. Trump has also pledged a 25% tariff on imported vehicles, and has suggested increasing tariffs on pharmaceuticals, lumber, semiconductors, and copper. Mexico and Canada, the two largest US trading partners, are expected to be hit with 25% tariffs.

Additionally, Trump has warned of curbs on “all oil coming out of Russia” if Moscow refuses to comply with US demands regarding Ukraine.

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April 2, the ‘Liberation Day’ Trump promised

US President Donald Trump’s reciprocal tariff plan, set to begin on April 2, has sent shockwaves through the global economy. Branded as “Liberation Day” by Trump, the policy aims to rebalance trade by imposing tariffs on imports from all nations, unless they negotiate exemptions post-launch. The move, which includes hefty levies on autos, metals, and various other sectors, has sparked fears of a global trade war.

Global reactions

The announcement has triggered concerns among US allies and trading partners, with several governments scrambling to negotiate exemptions or alternative trade arrangements.

UK seeks exemption but braces for impact

The United Kingdom is among the many nations hoping to secure a deal to avoid the tariffs. Downing Street has acknowledged that the UK is “likely to be impacted” and is engaged in ongoing discussions with US trade representatives.

“When it comes to tariffs, the Prime Minister has been clear he will always act in the national interest,” said a spokesperson for UK Prime Minister Keir Starmer. “Our trade teams are continuing constructive discussions to agree on a UK-US economic prosperity deal.”

However, the UK government has signaled that talks may extend beyond April 2, raising concerns for British industries, particularly luxury car manufacturers like Rolls-Royce and Aston Martin, which face a 25% import duty.

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Canada’s energy industry on edge

Canada faces a looming 10% tariff on energy exports to the US, creating unease within the nuclear power sector. The US relies on Canada for over a quarter of its uranium supply, making the tariffs particularly disruptive.

“Utilities are waiting to see what this all means before they take action,” said Karen Radosevich, manager of nuclear fuel supply at Entergy Corp. “This uncertainty is paralyzing for the industry.”

Canadian officials have warned they may retaliate with their own export duties on uranium, potentially escalating trade tensions between the two allies.

EU delays retaliatory measures

The European Union, also in the crosshairs of Trump’s tariff plan, has opted to delay its first countermeasures until mid-April. This decision allows for additional negotiation time and reconsideration of targeted US goods.

Also Read | Explainer: Possible impact of Trumps reciprocal tariffs on India

Russia and Venezuela face additional pressure

Trump has extended his tariff strategy beyond traditional trade disputes, leveraging economic pressure in geopolitical conflicts. On Sunday, he announced a secondary tariff of 25% to 50% on all Russian oil unless Moscow agrees to a ceasefire in Ukraine.

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In Venezuela’s case, Trump introduced a new economic tool—”secondary tariffs”—threatening 25% tariffs on any country that purchases Venezuelan oil. The executive order, signed on Monday, gives Secretary of State Marco Rubio discretion to impose these penalties.

Venezuelan President Nicolás Maduro responded defiantly: “They can sanction and impose tariffs on whatever they want, what they cannot sanction is the love and patriotism of the Venezuelan people.”

China, Venezuela’s largest oil buyer, condemned the US move. “We call on the U.S. to stop interfering in Venezuela’s internal affairs and abolish the illegal unilateral sanctions,” said Chinese foreign ministry spokesman Guo Jiakun.

Also Read | Trump tariffs shake US markets: S&P 500, Nasdaq hit 6-month low as April 2 nears

Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

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Trump Says He’s ‘Not Joking’ About Seeking a Third Term in Defiance of Constitution

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Trump Says He’s ‘Not Joking’ About Seeking a Third Term in Defiance of Constitution

President Trump did not rule out seeking a third term in office on Sunday, telling NBC News that he was “not joking” about the possibility and suggesting there were “methods” to circumvent the two-term limit laid out in the Constitution.

In wide-ranging remarks to “Meet the Press,” Mr. Trump said “a lot of people” wanted him to serve a third term, described himself as “pissed off” at President Vladimir V. Putin of Russia and vowed to impose tariffs on global rivals, according to a transcript of the interview provided by the network.

“A lot of people want me to do it,” he said to the program’s host, Kristen Welker, about the possibility of a third term. “But we have — my thinking is, we have a long way to go. I’m focused on the current.”

Any attempt to seek a third term would run afoul of the 22nd Amendment, which begins, “No person shall be elected to the office of the president more than twice.”

On Sunday, after the release of the interview, the White House reiterated Mr. Trump’s point that he was focused on his current term, and added that it was “far too early to think about” the idea.

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“Americans overwhelmingly approve and support President Trump and his America First policies,” Steven Cheung, the White House communications director, said in a statement. He added that Mr. Trump was focused on “undoing all the hurt” done by the Biden administration and “Making America Great Again.”

Mr. Trump has often mused about the idea of a third term, particularly in rallies and speeches that have delighted his supporters, though he has often treated it more as a humorous aside. The interview was the first time that Mr. Trump indicated that he was seriously considering the idea, which his allies have continued to amplify. Already he has likened himself to a king, shown an affinity for autocratic leaders and displayed governance tactics constitutional experts and historians have compared to authoritarianism.

Three days after Mr. Trump was sworn in for the second time, Representative Andy Ogles of Tennessee proposed an amendment to the Constitution that would make Mr. Trump eligible for a third term. Such a measure would be extraordinarily difficult: Constitutional amendments require approval by a two-thirds vote of Congress and then the ratification of three-fourths of the states.

In the interview, Ms. Welker noted that she had heard him joke about serving a third term a number of times. Mr. Trump made it clear he considered it a real possibility.

“No, no I’m not joking,” he said. “I’m not joking.”

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Ms. Welker asked Mr. Trump whether he had been presented with plans, and he said that he had not — but added that there were “methods which you could do it.”

Ms. Welker suggested one possibility: having Vice President JD Vance at the top of the ticket in 2028, only to pass the office on to Mr. Trump after winning. Mr. Trump acknowledged “that’s one” way it could happen.

“But there are others too,” he said. “There are others.”

Mr. Trump declined to say what those could be.

Derek T. Muller, a law professor at the University of Notre Dame and a scholar in election law, said there has been a dissenting view about the provision of the 22nd Amendment — which focuses on being “elected” president without addressing the idea of ascending to the office. However, he said, such a route would be complicated by the 12th Amendment.

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Mr. Muller pointed out that the 12th Amendment states that “no person constitutionally ineligible to the office of president shall be eligible to that of vice-president of the United States.”

Mr. Muller said he very much doubted that would provide a path to a third term for Mr. Trump.

“You’d have to have so many pieces fall into place for this even to be practically viable, on top of this complicated legal theory,” he said.

In his remarks to Ms. Welker, the president also leveled his strongest criticism to date against Mr. Putin, threatening to impose “secondary tariffs” on Russia’s oil if the country thwarted negotiations on a cease-fire deal with Ukraine that would stop the fighting.

The comments signaled growing impatience with the negotiations. Mr. Trump said that tariffs of 25 to 50 percent on Russian oil could be imposed at “any moment” and that he planned to speak with his Russian counterpart this week.

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“If Russia and I are unable to make a deal on stopping the bloodshed in Ukraine, and if I think it was Russia’s fault — which it might not be — but if I think it was Russia’s fault, I am going to put secondary tariffs on oil, on all oil coming out of Russia,” Mr. Trump said.

Mr. Trump has previously referred to secondary tariffs as levies on imports from countries that purchase products from a nation he’s targeted in his foreign policy. The White House did not immediately respond to a request for comment.

The comments were notable given the steps that Mr. Trump has taken to align himself with Mr. Putin, despite the United States’ support for Ukraine since Russia’s full-scale invasion more than three years ago. Since taking office, Mr. Trump has declined to acknowledge that it was Russia who started the war, falsely declared President Volodymyr Zelensky of Ukraine a “dictator,” but not Mr. Putin, and accused Mr. Zelensky of not wanting peace.

Mr. Trump’s remarks also underscored his increasing promise to use tariffs to compel countries to bend to his domestic and foreign policy goals. In the same phone call, he said he would consider secondary tariffs on Iran if it did not reach a deal with the United States to ensure it did not develop a nuclear weapon, Ms. Welker said.

Mr. Trump told Ms. Welker that he was “very angry, pissed off” at Mr. Putin for questioning the credibility of Mr. Zelensky, and for discussing the prospect of new leadership in that country. Mr. Trump suggested that such comments could set negotiations back, and that they were ”not going in the right location.”

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“New leadership means you’re not going to have a deal for a long time, right?” Mr. Trump said.

Russia and Ukraine have agreed to a limited truce, but that has fallen short of the complete pause in combat that Trump administration officials have sought, with Ukraine’s support. The limited cease-fire remains tenuous as Russia seeks more concessions and Ukraine has expressed doubt that a truce would be upheld.

On negotiations about Iran’s nuclear capabilities, Mr. Trump said officials from both countries were “talking,” according to NBC’s account of Ms. Welker’s call with the president, although he raised the prospect of military action if economic and other measures do not succeed.

“If they don’t make a deal,” Mr. Trump said about Iran, “there will be bombing. It will be bombing the likes of which they have never seen before.”

Earlier this month, Mr. Trump sent a letter to Iran’s supreme leader, Ayatollah Ali Khamenei, urging direct negotiations with the government in Tehran on a deal to curb the country’s advancing nuclear program. The letter said Mr. Trump preferred diplomacy over military action.

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Mr. Trump’s raising of secondary tariffs on oil from Russia and Iran was the latest example of the president’s interest in using the prospect of economic pressure on third-party nations.

Last week, he issued an executive order on Monday to crack down on countries that buy Venezuelan oil by imposing tariffs on the goods those nations send into the United States, claiming that Venezuela has “purposefully and deceitfully” sent criminals and murderers into America.

Mr. Trump called the new levies he threatened on buyers of Venezuelan oil “secondary tariffs,” a label that echoed “secondary sanctions” — penalties imposed on other countries or parties that trade with nations under sanctions.

Some trade and sanctions experts said existing secondary sanctions associated with countries such as Russia and Iran already were not well enforced, and questioned whether the United States would have the capacity to pull off new tariff-based penalties.

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