Apr 04 S&P drops 6 percent, closing worst week since COVID after China matches Trump tariffs By Stan Choe, Associated Press The Dow Jones Industrial Average plunged 2,231 points, or 5.5 percent Friday, and the Nasdaq composite tumbled 5.8 percent to pull more than 20 percent below its record set in December. Continue reading
Apr 04 China hits back with 34 percent tariff on U.S. imports as world weighs how to deal with Trump's hikes By Elaine Kurtenbach, Associated Press As world markets wallowed in heavy losses Friday, Taiwan's president promised to provide support to industries most vulnerable to the 32% tariffs Trump ordered in his "Liberation Day" reciprocal tariffs announcement. Continue reading
Apr 03 Officials in 19 states sue to block Trump's election order, saying it's unconstitutional By Lindsay Whitehurst, Christina A. Cassidy, Associated Press Democratic officials in 19 states filed a lawsuit Thursday against President Donald Trump's attempt to reshape elections across the U.S., calling it an unconstitutional invasion of states' clear authority to run their own elections. Continue reading
Apr 03 Senators introduce bipartisan bill to expand congressional authority over tariffs By Associated Press Legislation pushed by Iowa Republican Sen. Chuck Grassley and Washington Democratic Sen. Maria Cantwell would require presidents to justify new tariffs and secure congressional approval within 60 days, otherwise they would expire. Continue reading
Apr 03 Watch 7:02 Trump administration resumes family detention in immigration crackdown By John Yang, Shrai Popat, Taylor Bowie One of the most contentious immigration policies in recent decades has been the detention of undocumented immigrant families. The Trump administration plans to detain thousands more in an effort to crack down on border crossings and legal pathways to asylum. Continue watching
Apr 03 WATCH: Trump says market plunge 'expected' a day after announcing broad tariffs By Darlene Superville, Associated Press President Donald Trump offered a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, “I think it's going very well."… Continue reading
Apr 03 Federal judge plans to temporarily block billions in health funding cuts to states By Devna Bose, Associated Press A federal judge said Thursday that she will temporarily block President Donald Trump’s administration from cutting billions in federal dollars that support COVID-19 initiatives and public health projects throughout the country. Continue reading
Apr 03 How the White House calculated Trump's sweeping new tariffs By Will Weissert, Associated Press President Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what others assess as trade penalties on American goods. What he’s actually imposing is based on far more complicated math. Continue reading
Apr 03 Pentagon watchdog to review Hegseth's sharing of Houthi strike plans in Signal chat By Tara Copp, Associated Press The Pentagon’s acting inspector general announced Thursday that he would review Defense Secretary Pete Hegseth’s use of the Signal messaging app to convey plans for a military strike against Houthi militants in Yemen. Continue reading
Apr 03 A timeline of Trump's tariff actions so far By Wyatte Grantham-Philips, Associated Press Long-threatened tariffs from U.S. President Donald Trump have plunged the country into trade wars abroad — all while on-again, off-again new levies continue to escalate uncertainty. Continue reading