🥞 Good Saturday morning!
Situational awareness: "The Trump administration’s trade dispute with Beijing could slam U.S. retailers if tariffs are implemented and lead to higher prices or a shortage of merchandise." (Reuters)
We can’t overstate the severity of President Trump’s buyer's remorse from signing last month's spending bill.
It could even be a turning point in his presidency, on the issue of immigration and his level of cooperation with Republican leaders, Axios' Jonathan Swan reports:
Why this matters: Conventional wisdom on Capitol Hill has been that nothing will happen on immigration after the early failure to cut a deal this year. Republican leadership sources were telling us that the court decision to keep DACA alive took away Trump’s deadline and removed the pressure on Congress to act. But now some of those sources are nervous, realizing that Trump won’t let the issue fade into the background.
Be smart: An election eve fracas that forces Republicans to contemplate a government shutdown vs. harsher immigration laws will motivate some Republican voters. But it could further endanger vulnerable Republican incumbents in swing seats, in a campaign year already stacked against them.
March For Our Lives at Boston Common on March 24 (John Tlumacki / Boston Globe via Getty Images)
"Rallying nation: In reaction to Trump, millions of Americans are joining protests and getting political," by WashPost's Mary Jordan and Scott Clement:
Posters mock Pruitt. (Bill Clark / CQ Roll Call)
"Environmental Protection Agency chief Scott Pruitt's concern with his safety came at a steep cost to taxpayers as his swollen security detail blew through overtime budgets and at times diverted officers away from investigating environmental crimes," according to AP's Michael Biesecker:
"EPA spokesman Jahan Wilcox said ... Pruitt has faced an 'unprecedented' amount of death threats."
Winner detail from N.Y. Times lead story yesterday:
Sylvester Stallone visits "Rocky" statue in Philadelphia yesterday.
According to Agence France-Presse, these photos taken yesterday show several men helping a border jumper to climb a 20-foot wall to cross to Sunland Park, N.M., from Ciudad Juarez, Mexico.
Dow Jones Industrial Average return, if you invested in that basket of stocks, for a president's first 444 days (ranked since 1900), per Bloomberg:
"A Spoonful of Sugar Helps the Sales Go Up: Cereal Makers Return to the Sweet Stuff Out," by Wall Street Journal's Annie Gasparro:
P.S. Is this you? Mintel, a consumer research firm, found that 43% of adults eat cereal as a snack at home.
☕️ Happy weekend. We'll have updates all day on Axios.com ...