CNN 5 Things Stock markets fall, US storm deaths, transgender travel warnings & more
Apr 3, 2025
Global stock markets are reeling from a recent U.S. tariff announcement, causing widespread concern. Meanwhile, severe storms in central America have led to tragic deaths and devastating damage. Health alarms ring as Louisiana experiences a rise in whooping cough cases, resulting in infant fatalities. In a political shift, Hungary announces its departure from the ICC while hosting controversial talks. On the travel front, some European nations issue warnings for transgender tourists heading to the U.S., highlighting increasing safety concerns.
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Global Stock Market Reaction to Tariffs
- Global stock markets fell after President Trump's tariff announcement.
- Every nation faces a minimum 10% tariff, with higher rates for countries with high trade deficits with the US.
Asian Markets React to Tariffs
- Asian markets, especially Japan's auto industry, were hit hard by the tariffs.
- China, facing the harshest tariffs, has not yet retaliated but called for diplomacy.
Republican Opposition to Tariffs
- Trump faced opposition from within his own party regarding the tariffs.
- Four Senate Republicans joined Democrats to block duties on Canadian imports, likely to be blocked by the House.