NBC Nightly News with Tom Llamas Nightly News Full Broadcast (April 3rd)
Apr 4, 2025
Markets take a nosedive, losing $2 trillion due to new tariffs, leaving consumers feeling the pinch. Severe storms wreak havoc across the South and Midwest, impacting communities. A touching story emerges from Texas, where a student's tragedy brings focus to the need for compassion. Innovative medical care is changing how sick children receive treatment at home. Meanwhile, a loggerhead turtle's brave rescue highlights the power of dedicated care for wildlife.
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Market Reaction to Tariffs
- The stock market reacted negatively to President Trump's new tariffs, with a $2 trillion loss.
- This sell-off, reminiscent of the 2020 pandemic's start, signals market disapproval of the tariffs.
Financial Advice for Investors
- Consult a financial professional if you are near retirement or have a child approaching college age.
- Younger savers have more time to recover from market fluctuations.
Tariff Impact on Consumer Goods
- Many U.S.-sold products, like smartphones, appliances, and shoes, are manufactured in countries now facing higher tariffs.
- This could lead to increased prices for consumers as businesses grapple with added import costs.