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Trump: Don’t Panic
Apr 8, 2025
President Trump is back in the headlines, threatening new tariffs on China amidst shaky stock markets. A recent Supreme Court ruling now allows the government to deport migrants under the Alien Enemies Act, stirring significant legal debates. Meanwhile, catastrophic flooding has claimed lives, prompting discussions on weather safety and preparedness. Plus, a new show dedicated to true crime has made its debut, perfect for those intrigued by the latest in criminal cases. Tune in for insights on these pressing issues!
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Quick takeaways
- The turmoil from President Trump's tariff announcements has led to significant stock market volatility, raising concerns among investors and lawmakers alike.
- The Supreme Court's ruling allows deportations under the Alien Enemies Act while stressing the necessity for due process protections for affected migrants.
Deep dives
Impact of Tariffs on the Stock Market
The announcement of significant tariffs by the President has created a sense of panic among investors, causing a sharp downturn in the stock market. A bear market is defined as a 20% drop from a recent peak, and markets fell dangerously close to this threshold in the days following the tariff announcement. In response, Republican lawmakers and business leaders expressed their dissatisfaction, with some even considering legal action against the administration. The President's social media posts urging calm only added to the volatility, as stocks initially surged on rumors of a possible pause on tariffs, only to plummet again when these rumors were debunked.
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