The 7 Thursday, April 10, 2025
Apr 10, 2025
President Trump's temporary tariff cuts spark a stock market rally, raising questions about trade relations. Chaos brews within the Republican Party as they grapple with internal conflicts and stalled legislation. A tragic shooting of an autistic teenager raises public outrage, while The Masters golf tournament offers thrilling updates. Meanwhile, astonishing archaeological finds in the Amazon challenge our understanding of ancient civilizations, keeping listeners engaged with the latest current events.
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Tariff Pause and Market Reaction
- Trump paused new tariffs on most of the world, reducing them to 10% after briefly raising them as high as 50%.
- This pause excludes China, where tariffs increased to 125%, but still caused a stock market rally.
Republican Infighting Stalls Bill
- House Republicans faced infighting over Trump's tax and immigration bill.
- Conservative hardliners stalled the bill to force spending cuts, leading to canceled votes.
U.S. Citizen Freed in Prisoner Swap
- Russia released Ksenia Karolina, a dual U.S.-Russian citizen, in a prisoner swap.
- Karolina was sentenced for treason after donating to a Ukrainian charity.