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10.04.2025

10.04.2025 โ€” Tariff Whiplash Day

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This page is an archive of main headlines from the US for 10.04.2025.

It displays 318 headlines from many sources chronologically, as they appeared throughout the day, accompanied by AI overviews that were written in real time.

10.04.2025 โ‡ข Tariff Whiplash Day
โŒจMarkets tumbled sharply as the White House clarified tariffs on China totaled 145%, not the 125% initially reported Wednesday. The S&P 500 lost more than half its prior historic gain, with the Dow plunging nearly 2,000 points as reality of the trade war set in.

House Republicans narrowly passed Trump's budget blueprint after initial conservative resistance, providing the administration a legislative victory amid economic turmoil.

The Supreme Court unanimously ruled the administration must facilitate the return of a Salvadoran man mistakenly deported, a rare check on Trump's immigration policies.

A Hudson River helicopter crash killed six people, including a Spanish tourist family with three children.

Trump acknowledged "transition problems" with his tariff policies while threatening to return to higher tariffs without trade deals, as China condemned US tariffs as "selfish weapons."
10.04.2025
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00:55โ‡ขTrump's Strategic Tariff Pause

โŒจThe newspapers extensively report on President Trump's dramatic tariff policy shift, pausing most new tariffs for 90 days while increasing China's rate to 125% (ABC, Boston Globe, CBS, CNN, NYTimes, USA Today, AP). This reversal triggered a historic stock market surge with the S&P 500 seeing its best day since 2008 (Boston Globe, NYTimes). Media outlets frame this differently - some characterize it as a "retreat" forced by bond market fears (CNN, Atlantic), while others emphasize strategic negotiations. In Congress, House Republicans passed legislation limiting federal judges' power to block presidential actions (Fox News, USA Today), but failed to advance Trump's budget plan due to conservative opposition (Epoch Times, NBC).
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04:43โ‡ขTariff U-Turn Stuns Allies

โŒจThe newspapers report extensively on Trump's surprise decision to pause most tariff increases for 90 days while raising levies on China to 125% (Boston Globe, Breitbart, LA Times, NYTimes, Washington Post, AP News). This abrupt reversal triggered market rallies (LA Times, Washington Post) and caught many advisers and GOP allies off guard (NYTimes, The Daily Beast). Economic turmoil and rising bond yields reportedly influenced this decision (NYTimes, CNN). Simultaneously, Congress saw significant developments with the House passing legislation to limit federal judges' power (NBC News, Fox News) and Speaker Johnson forced to delay a budget vote due to Republican holdouts concerned about deficit reduction (Newsweek, USA Today).
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The escalating US-China trade war sets up an historic rupture that will cause pain beyond the worldโ€™s two largest economies. Yet neither side seems willing to blink
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Stocks in Asia and Europe rallied after President Trump paused punishing levies. But U.S.-China trade tensions accelerated and analysts said their full effects wouldnโ€™t be felt for weeks.
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10:42โ‡ขChina Slams US Tariffs As "Selfish Weapon"

โŒจThe newspapers report extensively on escalating US-China trade tensions following Trump's tariff decisions. China condemned US tariffs as "selfish" weapons (ABC News, AP News), while Trump issued warnings about American military capabilities (Newsweek). His surprising 90-day tariff pause excluding China caught advisers off-guard (NYTimes, The Hill, Washington Post), reportedly due to economic turmoil and bond market reactions (NYTimes). In other news, Russia freed US dual national Ksenia Karelina in a prisoner swap (CBS), and the government terminated National Endowment for the Humanities grants affecting projects nationwide (NPR).
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Stocks in Asia and Europe rallied after President Trump paused punishing levies. But U.S.-China trade tensions accelerated and analysts said their full effects wouldnโ€™t be felt for weeks.
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Stocks in Asia and Europe rallied after President Trump paused punishing levies. But U.S.-China trade tensions accelerated and analysts said their full effects wouldnโ€™t be felt for weeks.
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12:25โ‡ขMarkets Tumble Despite Tariff Pause

โŒจThe newspapers extensively report on the aftermath of Trump's surprise 90-day tariff pause, which excluded China. Markets initially rallied (NPR, MSNBC) but are now tumbling again as economic reality sets in (CNN, MSNBC). The pause is characterized as Trump pulling back from the brink after pushing the global economy to the edge (Boston Globe, The Atlantic). The EU has reciprocated by pausing countermeasures for 90 days (Epoch Times, Newsweek), while China reaches out to other nations to form a united front (AP News, NYTimes). Some sources raise insider trading suspicions around the tariff pause announcement (Common Dreams, MSNBC), while House legislation reining in federal judges advances amid Trump's attacks on courts (NBC News).
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ELECTION DENIER... FAKE COVID CURE PUSHER... *TRUMP TARIFF GURU*...
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The Trump administration wants to slash health care under the guise of โ€œgovernment efficiency.โ€ In case you wondered how sincere that rationale is, they also want to funnel unprecedented sums to a military that canโ€™t even pass an audit.
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14:16โ‡ขMarket Tumble Despite Tariff Pause

โŒจThe newspapers extensively report on Trump's decision to pause tariff increases on most countries except China (ABC, Boston Globe, CNN, MSNBC, Washington Post). This move prompted the EU to suspend its retaliatory measures (ABC, Epoch Times), but markets continued falling despite the pause (Boston Globe, CNN). Media sources frame this differently - some call it a "blink" or "retreat" (MSNBC, Daily Beast), while others note unexpected deflation in March consumer prices (Breitbart). Meanwhile, China appears to be hardening its position, with reports of Chinese sellers hiking prices (Newsweek) and Beijing channeling Maoist rhetoric about victory in trade war (NBC News).
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15:51โ‡ขTrump Budget Blueprint Victory

โŒจThe newspapers extensively report on the House passing a budget blueprint to advance Trump's agenda, a significant legislative win after initial conservative resistance (ABC News, CBS, Common Dreams, Epoch Times, Fox News, NY Post, The Hill, USA Today). The plan faced opposition from GOP holdouts concerned about deficit reduction, but ultimately passed after negotiations (CBS, The Hill, USA Today). Media outlets frame this differently - some highlight it as a victory for Trump's tax agenda (Fox News), while others characterize it as dangerously expanding presidential power (Common Dreams, Vox). Meanwhile, financial markets continue declining despite Trump's tariff pause (Boston Globe, CNN), and a Russian-American ballerina was freed in a prisoner swap (One America News).
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Chinaโ€™s increasingly shrill and desperate efforts to prove itself tough and fearless against President Donald Trumpโ€™s tariffs hit a new low on Thursday, when Chinese Foreign Ministry spokeswoman Mao Ning decided to post old footage of Mao Zedong, the founder of the Chinese Communist Party โ€“ and the worst mass murderer in history.
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17:25โ‡ขStock Markets Crash As China Tariffs Hit 145%

โŒจThe newspapers extensively report on market turmoil following White House clarification that US tariffs on China total 145%, including a previous 20% over fentanyl (Boston Globe, CNN, NYTimes, AP News). This announcement triggered a major selloff with the Dow plunging nearly 2,000 points and the S&P 500 losing more than half its previous gains (Boston Globe, CNN, AP News). The House narrowly passed a budget resolution supporting Trump's agenda after conservative pushback (CBS, Fox News, One America News). Chinese-US tensions escalate with Chinese officials invoking Maoist rhetoric (Breitbart), while some outlets note the wealthy gained $304 billion during market volatility (Common Dreams).
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18:41โ‡ขMarkets Plunge As Tariff Whiplash Continues

โŒจThe newspapers extensively report on continued market volatility following Trump's tariff policies. After yesterday's brief rally, stocks fell sharply again (ABC News, Boston Globe, CNN, NPR, NYTimes, Newsweek, AP News, HuffPost) with the S&P 500 down 4% by early afternoon. Trump threatened to return to higher tariffs (ABC News) while the White House clarified that Chinese tariffs total 145% (NYTimes, USA Today). Several sources highlight economic confusion with "transition problems" (CNN) and unpredictability (Vox) in Trump's trade approach. Food prices continue rising, with egg prices breaking records for the third straight month (Common Dreams). Some articles note allegations of insider trading related to the tariff pause (Fox News).
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20:40โ‡ขHudson River Helicopter Crash Claims Multiple Lives

โŒจThe newspapers extensively report on a fatal helicopter crash in the Hudson River in New York. At least three people are confirmed dead according to ABC News, while AP News reports six fatalities. The helicopter was carrying five passengers and reportedly "split in half" (NY Post, Fox News, USA Today). Meanwhile, market turmoil continues as the S&P 500 sank 3.5% amid renewed US-China trade war concerns (Boston Globe, NBC News). The House passed significant legislation: the GOP-backed SAVE Act requiring proof of citizenship for voter registration (NPR, Mother Jones) and a Republican economic plan characterized as benefiting billionaires while cutting support for the poor (Common Dreams, Jacobin).
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At least six people have been killed after a helicopter carrying a family, two adults and three children, who were reportedly from Spain, crashed into the Hudson river on Thursday afternoon. The sixth death was that of the helicopter pilot.
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21:39โ‡ขHudson River Helicopter Disaster Claims Six Lives

โŒจThe newspapers extensively report on a helicopter crash in the Hudson River in New York City that killed all six people aboard, including three children from what appears to be a Spanish family and the pilot (ABC News, CBS, Fox News, NY Post, One America News, USA Today, AP News). Witnesses described a "loud thumping noise" and reported seeing a broken propeller (NY Post). Meanwhile, financial markets continued their decline, with the S&P 500 falling 3.5%, reversing about a third of yesterday's gains (NBC News, NYTimes, Washington Post). The White House clarified that tariffs on Chinese goods now total 145% amid ongoing trade war concerns (NBC News, NYTimes).
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After stock markets plummeted in response to Donald Trumpโ€™s announcement of widespread tariffs, he suddenly announced a 90-day pause on the new policy. Capital will resist any measure that threatens profits โ€” and thatโ€™s just what happened yesterday.
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22:55โ‡ขSpanish Family Among Six Dead in Hudson Helicopter Crash

โŒจThe newspapers extensively report on a tragic helicopter crash in the Hudson River that killed six people, including a Spanish tourist family with three children (ABC News, AP News, Boston Globe, CBS, Fox News, NY Post, USA Today). Meanwhile, Trump's tariff policies remain a major focus, with continued analysis of their economic impact. Breitbart defends tariffs based on economic theory, while Reason and Jacobin criticize them as ineffective and submitting to capital interests. The administration is also pursuing aggressive immigration policies, with plans to revoke migrants' Social Security numbers to force self-deportation (NYTimes, Washington Post).
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23:56โ‡ขSupreme Court Orders Return of Wrongly Deported Man

โŒจThe newspapers extensively report on the Supreme Court ruling that the Trump administration must "facilitate" the return of Kilmar Armando Abrego Garcia, a Maryland man mistakenly deported to El Salvador due to an "administrative error" (ABC News, AP News, CBS, Common Dreams, NPR, NYTimes, The Blaze, The Hill, USA Today, Washington Post). A tragic helicopter crash in the Hudson River killed six people, including a Spanish tourist family with three children (Boston Globe, Fox News). Meanwhile, trade tensions with China continue as Trump waits for Xi to call amid an "unprecedented trade war" (CNN), with ongoing analysis of tariff policies and their economic impact (The Epoch Times, MSNBC).