Markets plummet as Trump rattles trade war sabre

[Daily Maverick] FIRST THING with JOHN STUPART TGIF, 23 March 2018 “I think that for those who have suffered unjustly, justice alone is not enough. They want the guilty to suffer unjustly too. Only this will they understand as justice.” Tadeusz Borowski STORY OF THE DAY [amaBhungane & Scorpio #GuptaLeaks: The Great Train Robbery, Part 2 – The Choo-Choo Switcheroo]( By AMABHUNGANE and SCORPIO. How Transnet’s substitution of a Japanese locomotive with a Chinese one was helped along by – and served – the Guptas. WHILE YOU WERE SLEEPING [Trump enacts trade tariffs on China]( If a trade war was ever to threaten the United States, President Donald Trump certainly pulled the pin on that grenade overnight. Trump announced $60-billion in tariffs on Chinese imports, sparking a harsh rebuke from Beijing. Trump defended the tariffs in defence of the "theft" of American intellectual property. In response, the Dow Jones plummeted 700 points, the sixth largest fall in 112 years. If this Makes America Great Again, it will defy most economic logic. [John Bolton to replace McMaster]( Not content with sparking a massive trade war and shooting the Dow in the foot, Trump has replaced his National Security Adviser. HR McMaster had been expected to be replaced soon, but his replacement defies explanation. John Bolton, the bellicose nutty professor who represented the US at the UN during the Bush junior presidency, will replace a hardened no-bullshit war veteran as Trump's national security adviser. If there's a plan in the White House, it sure would be nice to hear about it. [Chronicle journalists nab SAFTA]( The Chronicle has won a SAFTA award for Shaun Swingler's Nanlaban. Detailing Philippines President Rodrigo Duterte's brutal war against drugs, Swingler's hard-hitting journalistic account of the impact on the ground won the Best Short Documentary category. If you somehow have not watched it yet, you really should, and can, [right]([here]( . [NFL star fades at PGA debut]( Former Dallas Cowboys quarterback Tony Romo was the centre of attention at his PGA debut on Thursday. Playing on a sponsor's exemption at the Corales Championship, Romo actually held his own for much of his opening round. Keeping an even par, Romo sank to a five-over 77 by the end of the day. Nonetheless, the football star showed promise and enthusiasm for his next round. PICTURE OF THE DAY By Leila Dougan. Cape Town Mayor Patricia de Lille speaks to journalists outside Marks Building, Parliament on Thursday 22 March, 2018. She had objected to Pogiso Monchusi and Sheila Camerer being on the panel of her internal disciplinary hearing. The hearing has been postponed indefinitely. IN NUMBERS 5% The percentage of military working dogs that suffer PTSD. FACTS OF THE DAY Today in 1888 the English Football League, the world's oldest football association, meets for the first time. Uganda has a tooth rat instead of a tooth fairy. FEATURED ARTICLES [Crime Intelligence Top Job: Candidates on shortlist ‘wholly unsuitable’ warns Paul O’Sullivan, citing ‘criminal acts’]( [Crime Intelligence Top Job: Candidates on shortlist ‘wholly unsuitable’ warns Paul O’Sullivan, citing ‘criminal acts’]( BY Marianne Thamm [Analysis: The EFF vs …............. (insert next enemy’s Name/Acronym/Description)]( [Analysis: The EFF vs …............. (insert next enemy’s Name/Acronym/Description)]( BY Stephen Grootes [Parliament: National Minimum Wage Bill will not be rushed]( [Parliament: National Minimum Wage Bill will not be rushed]( BY Marianne Merten [Wild Coast: Bazooka Rhadebe’s murder probe ‘sabotaged’ by police]( [Wild Coast: Bazooka Rhadebe’s murder probe ‘sabotaged’ by police]( BY Tony Carnie [The Other News Round-Up: Broad Horizons]( [The Other News Round-Up: Broad Horizons]( BY Marelise van der Merwe [Sympathy for the Prisoner (Part 2): The people we love to hate]( [Sympathy for the Prisoner (Part 2): The people we love to hate]( BY Nkateko Mabasa [FLIXATION: Inside Brexit’s Bleak House; the (In)Humanity of Ricky Gervais]( [FLIXATION: Inside Brexit’s Bleak House; the (In)Humanity of Ricky Gervais]( BY Tony Jackman [Mazda MX-5 RF: When more is less]( [Mazda MX-5 RF: When more is less]( BY Deon Schoeman OPINIONISTAS [We treat death far too glibly in our media]( [We treat death far too glibly in our media]( A column by William Bird [Do not criminalise those who are marginalised]( [Do not criminalise those who are marginalised]( A column by Shaeera Kalla [Creating safe new ways of experiencing our cities]( [Creating safe new ways of experiencing our cities]( A column by Marcela Guerrero Casas [Mugabe Resurfaces: The implications of Mnangagwa’s predecessor speaking out]( [Mugabe Resurfaces: The implications of Mnangagwa’s predecessor speaking out]( A column by MANDIPA NDLOVU — Weather BFN: min: 11° max 21°, rainy CPT: min: 15° max: 24°, sunny DBN: min: 17° max: 21°, rainy JHB: min: 11° max: 15°, rainy KIM: min: 13° max: 24°, cloudy MHK: min: 14° max: 24°, rainy NLP: min: 16° max: 19°, rainy PE: min: 18° max: 32°, cloudy PMB: min: 13° max: 19°, rainy PTA: min: 14° max: 17°, rainy Financial Data Oil=$69.06 Gold=$1,327.96 Platinum=$949.58 R/$=11.80 R/€=14.53 R/£=16.66 BTC/$=8,650 JSE All Share=57,224.60 DJIA=24,121.06 FTSE 100=6,952.59 [FORWARD THIS EMAIL TO A FRIEND]( Copyright © 2017 Daily Maverick, All rights reserved. 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