We spring ahead on Sunday. 100 years ago, in March 1918, Congress enacted — and President Woodrow Wilson signed — the first daylight saving law, the Standard Time Act, during World War I as a way to save coal.
President Trump's "breathtaking gamble" (as the N.Y. Times calls it) in agreeing to meet with North Korean dictator Kim Jong-un reflects the winging-it approach he has always taken to life, business and politics:
Swan remembers a senior White House official telling him there are three ways to get Trump to do something, all of which we're seeing this week (with his tariffs announcement as well):
The skeptics ... Tommy Vietor — former Obama national-security spokesman, and now co-founder of Crooked Media, co-host of Pod Save America and host of Pod Save the World— tweeted:
Some prominent Democrats praised the North Korean engagement, while warning of pitfalls that could await Trump:
But, but, but ... A senior GOP foreign policy official (whose cynicism is built on a couple of decades of watching North Korea lie and cheat every step of the way), articulated the risks in a series of emails to Swan:
"It's not normal" has become so inadequate to what's unfolding. The N.Y. Times' Mark Landler wins the day with these two paragraphs:
"Across corporate America, the race is on to dodge the tariff," Bloomberg reports:
Bite of the day ... Gary Shapiro, president and CEO, Consumer Technology Association: "Today's action could ultimately cost far more American jobs than it would create, and raise costs on consumer products."
N.Y. Times Quote of the Day ... Mario Draghi, president of the European Central Bank:
This year's South by Southwest conference, which starts in Austin today, will be packed with events on digital currencies, health data, and artificial intelligence, Axios' Kia Kokalitcheva and Sara Fischer write:
Catch Axios at these events:
Go deeper: Lookahead list of trends.
China's capability to retaliate against Trump's tariffs now rivals that of the entire EU, and with Beijing's economic clout continuing to grow these tariffs may be the last time the U.S. gets to set the terms of engagement with China.
Terry McAuliffe — governor of Virginia until January, and former DNC chairman — has a New York Times opinion piece that reflects his soundings on a presidential race, "Democrats Should Embrace an Open Economy":
Students ride camels in the United Arab Emirates. Photo: David Burke (taken with an iPhone!)
"Hands-on learning, out of the classroom and around the world," by Mark Brzezinski, a managing director at Makena Capital, and former U.S. ambassador to Sweden; and Dave Burke, CEO and cofounder of Makena Capital:
See their "Stops along the way."
For The New York Times Magazine's third annual Music Issue, 25 writers choose significant songs to dissect, resulting in a far-ranging playlist designed to tell us where music is going.
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