Friday, April 04, 2025

Second Day of the Zenith, 22nd of Spring, 525 M.E. (Electra): OMG, just look at today's headlines:

"TRUMP TARIFFS SEND MARKETS REELING
S&P 500 Down Over 10% in 2 Days as Trump Upends the Global Order
  • Trump’s tariffs are rattling Meta
  • Airline stocks get hammered as investors worry about travel demand" (The New York Times)

"Stock-market rout continues as investors rattled by Trump tariffs; Slumps on S&P 500, Dow and Nasdaq cap dismal day for global indices but US president doubles down on tariff plan" (The Guardian)

"Stocks battered by sell-off over escalating trade war, Dow plunged as investors fear tit-for-tat tariffs could sink the US and global economies into a recession

  • Powell: Trump’s tariffs were far larger than expected
  • Nintendo postpones Switch 2 preorders in US because of tariffs" (CNN)

"Global stocks sink in second day of market turmoil over Trump tariffs" (BBC)

"Wall Street nosedives at close, Nasdaq ends in bear market, Federal Reserve Chair Jerome Powell said uncertainty is high, U.S. stocks extended already deep losses on his remarks

  • Stocks slump again after China fires back in trade war with tariffs on US goods
  • Nowhere to hide: Trump tariffs leave trading partners cornered
  • After tariff shock, Trump may weaponise finance against allies" (Reuters)

And then there's Fox News, whose headlines today read "Pro-life activist assaulted, bloodied during street interview about abortion. 
  • Federal judge directs Trump admin to return Maryland man deported to El Salvador prison
  • Kamala Harris’ reaction to Trump’s landslide victory revealed in bombshell book" 
Finally, in the fourth headline below the lede: "Long-suffering American industry embraces tariffs: Trump ‘threw us a lifeline.’"

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