Global Markets React to President Trump's Sweeping Tariffs that Target Decades of Unfair Trade

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President Donald Trump says markets will “boom” as stocks fell Thursday over his new tariffs. What’s the president’s prediction on the economy’s direction, and what does the White House say about relief for Americans?

How do Trump’s reciprocal tariffs relate to U.S. national security and food security? And what is the history behind tariffs and trade? We hear insights from Charles Benoit, trade counsel for the Coalition for a Prosperous America.

Israeli forces have now taken control of the city of Rafah in southern Gaza. Meanwhile, Israel’s prime minister travels to Hungary, defying an international arrest warrant.

The United States wants NATO allies to step up their defense spending. Secretary of State Marco Rubio and the newly confirmed U.S. ambassador to NATO met in Brussels Thursday with NATO foreign ministers.

David Perdue, Trump’s pick to be next ambassador to China, faces a confirmation hearing—the day after the heaviest tariffs were levied on the U.S. adversary.

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