16:26⇢Wall Street Tanks As Recession Fears Mount
⌨The newspapers report on the deepening U.S.-China trade war, with China raising tariffs to 125% on U.S. goods in retaliation to Trump's policies (AP News, Newsweek, OANN, The Epoch Times). Markets are reacting negatively, with stocks volatile, dollar value sinking, and recession fears growing (Boston Globe, CNN, Daily Beast, HuffPost, Slate). Several financial experts express skepticism about Trump's claim he can negotiate 150 trade deals in 90 days (CNN, Daily Beast). In other news, Trump's environmental executive order is being criticized as illegal (Common Dreams), a Space Force commander was fired over comments about J.D. Vance (NY Post, The Blaze), and a small plane crash in Florida killed three people (ABC News, NBC News, USA Today).