Trade war escalation leads to market plunge

Investors are reacting negatively to the tariffs announced by President Trump, resulting in more than $5 trillion of wealth being erased from the U.S. stock market over the past two days. China retaliated, causing markets to slide even further. This has raised concerns about the impact on the global economy. In the midst of this economic turmoil, other news includes medical school students and graduates celebrating residency “Match Day,” undocumented California farm workers facing deportation risks, a measles outbreak in Texas reaching nearly 500 cases, dangerous storms hitting the South, nationwide protests against the Trump administration, a Michigan couple detained in Mexico over a timeshare dispute returning home, a man wrongfully deported to El Salvador ordered to return, and a Texas teen being stabbed in the heart at a track meet. The news also covers Russell Brand speaking out following rape and sexual assault charges in the UK, the firing of the head of the National Security Agency, historic rains and flooding in the South and Midwest, the impact of tariffs on prices of imports from top brands, a giant loggerhead turtle returning to the sea, deadly storms causing widespread damage, an investigation into encrypted Signal chat by the Pentagon watchdog, a program bringing hospital services to sick children’s homes, and the general response to President Trump’s tariffs causing markets to crater.

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