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07.04.2025

07.04.2025Market Meltdown Monday

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This page is an archive of main headlines from the US for 07.04.2025.

It displays 325 headlines from many sources chronologically, as they appeared throughout the day, accompanied by AI overviews that were written in real time.

07.04.2025Market Meltdown Monday
Global markets crashed spectacularly as Trump's tariff standoff intensified. Asian markets plummeted first, with Japan's Nikkei dropping nearly 8%, followed by European markets and then US stocks, with the S&P 500 briefly entering bear market territory.

Trump remained defiant throughout the day, calling tariffs "medicine" and labeling critics "PANICANS." By afternoon, he escalated tensions with an ultimatum threatening China with additional 50% tariffs if Beijing doesn't withdraw its 34% retaliatory measures by Tuesday.

The EU offered a "zero-for-zero" tariff resolution on industrial goods, showing willingness to negotiate. Netanyahu met with Trump and discussed eliminating Israeli tariffs on US goods.

In immigration news, the Supreme Court handed Trump a victory in a 5-4 decision allowing deportations of Venezuelan migrants to continue under the Alien Enemies Act, temporarily halting a lower court's order to return a deported man from El Salvador.
07.04.2025
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Dr. Sebastian Gorka, the Senior Director of Counterterrorism for the National Security Council (NSC) and a Deputy Assistant to President Donald Trump, told Breitbart News in a lengthy exclusive interview at the White House that Trump has totally reframed how the United States approaches the elimination of jihadist terrorists.
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Dr. Sebastian Gorka, the Senior Director of Counterterrorism for the National Security Council (NSC) and a Deputy Assistant to President Donald Trump, told Breitbart News in a lengthy exclusive interview at the White House that Trump has totally reframed how the United States approaches the elimination of jihadist terrorists.
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01:04Markets Plunge as Trump Defends Tariff Strategy

The newspapers extensively report on Trump's tariff policies causing global market turmoil. Stock futures are plunging and Asian markets opening sharply lower after Trump's tariff announcements (NBC, NYTimes, HuffPost), with over 50 countries reportedly reaching out for tariff talks (Epoch Times). Trump is closing a loophole used by American shoppers to buy Chinese goods tariff-free (NPR) and defending his policies despite market chaos (Fox News, Daily Beast). Immigration issues continue to dominate headlines, with colleges having student visas revoked (Boston Globe), South Sudan visas being revoked (OANN), and reports of a gay makeup artist being deported to El Salvador (CBS, AP).
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05:51Trump Defiant As Asian Markets Crash

The newspapers extensively report on Trump's refusal to back down on his controversial tariff plans despite significant market turmoil. Trump is defending the tariffs as "medicine" (Boston Globe, USA Today, AP) and "a beautiful thing to behold" (NY Post), even as Asian markets plunge dramatically, with Tokyo's Nikkei 225 falling nearly 8% (CBS, CNN, Washington Post). Stock futures indicate continued selling when US markets open (HuffPost, CBS). Financial experts are warning of severe consequences, with investor Bill Ackman describing a potential "economic nuclear winter" (Daily Beast). Amid the economic news, media also covers the shocking season finale of HBO's "White Lotus," which featured unexpected character deaths (LA Times, Slate).
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08:05Global Markets Crash As Trump Defends Tariffs

The newspapers extensively report on Trump's tariff policies causing global market chaos. Asian stock markets are plunging, with Japan's Nikkei diving nearly 8% (ABC News, NYTimes, AP News, CBS) as Trump refuses to back down, calling tariffs "medicine" (Boston Globe, USA Today) despite widespread market turmoil. China's retaliation has triggered fears of recession (Washington Post, AP News) with global markets experiencing significant selloffs (CNN, NYTimes). Meanwhile, the Trump administration has ordered national parks to remain open despite cutting over 1,500 jobs (LA Times), and media continues coverage of HBO's "White Lotus" controversial season finale (Slate).
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10:48Global Markets Collapse As Tariff Crisis Deepens

The newspapers extensively report on a global stock market crisis triggered by Trump's tariff policies. Financial markets across Asia and Europe have plummeted, with Japan's Nikkei dropping nearly 8%, as investors fear a global economic downturn (ABC News, CBS, AP News, NPR, NYTimes). Trump remains defiant, refusing to back down on tariffs despite the market turmoil, calling them "medicine" (Boston Globe, Fox News, USA Today). A constitutional challenge to Trump's tariff authority has emerged (MSNBC), while China has accused the US of "bullying" (AP News). Simultaneously, Democrats are holding "shadow hearings" to spotlight Trump's Justice Department actions (NBC News), and migrants at the US-Mexico border are considering illegal entry after asylum hopes fade (LA Times).
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When I joined the conservative movement in the 1980s, there were two types of people: those who cared earnestly about ideas, and those who wanted only to shock the left. The reactionary fringe has won.
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Stocks in Asia and Europe fell after President Trump said he would not back off his trade war, reinforcing fears of a global economic downturn.
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12:48Markets Crater As Trump Doubles Down On Tariffs

The newspapers extensively report on global markets crashing as Trump refuses to back down on tariff policies. Markets in Asia and Europe have plunged dramatically (CBS, Common Dreams, Epoch Times, NPR, AP News), with US futures indicating more losses (NYTimes, USA Today, HuffPost). Trump has called the tariffs a "beautiful thing to behold" (Common Dreams) and necessary "medicine" (NPR), despite billionaire Bill Ackman warning of an "economic nuclear winter" and begging Trump to pause (NY Post). Economists warn of potential stagflation (Vox) as investors fear recession (NPR, AP News). Meanwhile, men's college basketball national championship between Houston and Florida approaches (NBC News).
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U.S. stocks fell after losses in Asia and Europe. President Trump said he would not back off his trade war, reinforcing fears of a global economic downturn.
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Marine Le Pen’s conviction shone a spotlight on her party’s misuse of public funds. Where the party already runs the government, in the southeastern town of Fréjus, its mayor, David Rachline, stands accused of a massive web of corruption.
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13:57Bloody Monday Market Meltdown

The newspapers extensively report on a global market meltdown triggered by Trump's tariff policies. US stocks have plunged dramatically, with the Dow dropping 1,200-1,300 points and both S&P 500 and Nasdaq entering bear market territory (ABC, Boston Globe, HuffPost, NYTimes, USA Today). Trump remains defiant, refusing to back down despite worldwide market turmoil (Fox News, Newsweek, NYTimes). The tariffs are already causing economic disruption, with Bangladesh reporting US buyers halting garment orders (Breitbart). Critics have filed constitutional challenges (MSNBC) and some view the tariffs as a power consolidation attempt (Common Dreams), while Trump insists they will boost the economy (Fox News).
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U.S. stocks fell, in range of a 20 percent drop since the last peak, after losses in Asia and Europe. President Trump said he would not back off his trade war.
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15:06Market Whiplash As EU Offers Zero Tariffs Deal

The newspapers extensively report on extreme market volatility as the Trump tariff crisis intensifies. Stock markets experienced dramatic swings, with the Dow dropping 700-1000 points (Epoch Times, USA Today) and the S&P 500 briefly entering bear market territory (NYTimes). Trump urged Americans "not to panic" (ABC News) and claimed world leaders are "ready to level the trade field" (Fox News). The European Union has offered to drop industrial tariffs to zero (CNN, NY Post), showing willingness to negotiate amid global market turbulence. Meanwhile, some analysts suggest the tariffs are splintering Trump's political coalition (Jacobin, Vox), potentially threatening his voter base.
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U.S. stocks fell, in range of a 20 percent drop since the last peak, after losses in Asia and Europe. President Trump said he would not back off his trade war.
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16:13Trump Threatens Additional 50% China Tariffs

The newspapers extensively report on Trump's tariff escalation against China. Trump has threatened to impose an additional 50% tariff on China if Beijing doesn't withdraw its retaliatory measures (ABC, Breitbart, CBS, Epoch Times, Fox News, Washington Post, Daily Beast, USA Today). Global markets continue to experience wild swings, with the S&P 500 approaching bear market territory (AP News, NYTimes, Boston Globe). Meanwhile, the EU has offered a "zero-for-zero tariff" arrangement on industrial goods, showing willingness to negotiate amid the crisis (Breitbart, CNN, NY Post). UAW President Shawn Fain expressed support for auto industry tariffs specifically while calling broad tariffs "reckless" (NPR).
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18:37Trump's 50% China Ultimatum

The newspapers extensively report on Trump's escalating trade war with China. Trump has threatened to impose an additional 50% tariff on Chinese goods if Beijing doesn't remove its 34% retaliatory tariffs by Tuesday (ABC, Boston Globe, Breitbart, CBS, CNN, Washington Post). Global markets have experienced wild swings in response, with major selloffs in Asia, Europe, and the US (AP News, NYTimes, USA Today). Economic experts warn of severe consequences, with Goldman Sachs increasing recession odds (Common Dreams) and some analysts warning of potential stagflation (Vox). Trump has vowed to veto any congressional attempt to limit his tariff authority (Daily Beast).
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20:03Trump-Netanyahu Meeting Amid China Tariff Escalation

The newspapers extensively report on Trump's meeting with Netanyahu amid escalating trade tensions. Trump has threatened additional 50% tariffs on China if they don't remove retaliatory measures (Breitbart, CNN, Epoch Times, Fox News, HuffPost, NYTimes, Washington Post). Global markets continue experiencing dramatic volatility (AP News, Boston Globe), with the 500 richest moguls reportedly losing half a trillion dollars while Warren Buffett's cash strategy pays off (NY Post). In immigration news, the Supreme Court's Chief Justice temporarily halted a deportation order for a Maryland man (CBS), while some sources report potential IRS-DHS collaboration to locate undocumented immigrants (The Blaze). In scientific news, a genetic engineering company claims to have "revived" dire wolves after 13,000 years (OANN).
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21:02Trump Threatens 50% China Tariffs

The newspapers extensively report on Trump's escalating tariff threats against China. Trump is now threatening an additional 50% tariff on Chinese goods if Beijing doesn't remove its 34% retaliatory tariffs by Tuesday (ABC, Breitbart, CNN, NYTimes, USA Today, HuffPost). Markets continue experiencing extreme volatility, with stocks ending mostly down after wild swings (AP News, Boston Globe, Washington Post). A false headline briefly triggered a market rally, highlighting investor nervousness (Slate). In legal news, Chief Justice Roberts temporarily halted an order to return a deported Maryland man (CBS, MSNBC). Other headlines mention Trump's announcement of direct talks with Iran over nuclear issues (Fox News) and a report submitted to the UN charging US officials with genocide in Gaza (Common Dreams).
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22:17Trump Doubles Down on Chinese Tariffs

The newspapers extensively report on Trump's escalating tariff threats against China. Trump has confirmed he won't pause his tariff plan but maintains the measures are negotiable (ABC, CNN, Epoch Times, USA Today), now threatening an additional 50% tariff on Chinese goods if Beijing doesn't remove retaliatory duties (CNN, Epoch Times, Newsweek, Vox). Markets continue facing extreme volatility, with Wall Street potentially heading for a bear market (AP News, Slate, Vox), losing over 4,000 points since tariff implementation. Some border towns are already experiencing recession (Atlantic). In legal news, Chief Justice Roberts temporarily blocked a court order requiring the return of a man deported to El Salvador (Common Dreams, The Blaze), while Trump announced direct talks with Iran over nuclear issues (Fox News).
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