CNN 5 Things

Stocks tumble again, Musk vs. Navarro, Vance slammed by China & more

Apr 8, 2025
Stock markets plummet as new tariffs against China spark turmoil. A heated exchange erupts between Elon Musk and adviser Peter Navarro over trade policies. The National Weather Service's decision impacts non-English speakers, raising concerns during severe weather. Meanwhile, the Trump administration moves to dismantle Biden's immigration strategies. Attention turns to Vice President JD Vance, whose controversial remarks about China ignite backlash and stir international tensions.
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INSIGHT

Stock Market Decline

  • The stock market experienced another decline after the White House announced increased tariffs on China.
  • The Dow fell 320 points, the S&P 500 fell 1.57%, and the Nasdaq slid 2.15%.
ANECDOTE

Musk vs. Navarro

  • Elon Musk called Peter Navarro, a White House trade advisor, a "moron" and "dumber than a sack of bricks."
  • This was in response to Navarro's claim that Tesla uses too many foreign parts.
INSIGHT

Weather Alert Translations Halted

  • The National Weather Service stopped translating weather alerts.
  • This puts non-English speakers at risk, especially with high vacancy rates at NWS offices.
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