President Trump defends tariffs amid market mayhem: 'Sometimes you have to take medicine'
As U.S. stock futures pointed to another major drop, President Donald Trump defended his sweeping tariffs Sunday night, saying, βSometimes you have to take medicine to fix something.β The Dow futures fell about 1,000 points, signaling more market turmoil following the worst selloff since the COVID pandemic. Since Trump's tariff announcement last Wednesday, the Dow dropped 9.2%, the S&P 500 fell 10.5%, and the Nasdaq plunged 11.4%. Speaking from Air Force One, Trump said the U.S. would emerge stronger, but did not commit to a limit on how much stock market pain he would accept.
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As U.S. stock futures pointed to another major drop, President Donald Trump defended his sweeping tariffs Sunday night, saying, βSometimes you have to take medicine to fix something.β The Dow futures fell about 1,000 points, signaling more market turmoil following the worst selloff since the COVID pandemic. Since Trump's tariff announcement last Wednesday, the Dow dropped 9.2%, the S&P 500 fell 10.5%, and the Nasdaq plunged 11.4%. Speaking from Air Force One, Trump said the U.S. would emerge stronger, but did not commit to a limit on how much stock market pain he would accept.
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Trump closes loophole used by American shoppers to buy Chinese goods tariff-free
While President Donald Trump was levying massive tariffs on goods from around the world this week, he also moved to pinch off a popular trade loophole that allows American shoppers to buy low-cost goods directly from retailers in China and Hong Kong.
Popular e-commerce companies, including giants Shein and Temu, use the so-called "de minimis" exemption to ship tens of millions of packages β everything from end tables and lamps to shoes and underwear β to U.S. consumers every year. So long as each individual package is worth $800 or less, they aren't required to pay import fees or go through typical customs inspections. But under an executive order signed by Trump Wednesday, that loophole will close on May 2.
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While President Donald Trump was levying massive tariffs on goods from around the world this week, he also moved to pinch off a popular trade loophole that allows American shoppers to buy low-cost goods directly from retailers in China and Hong Kong.
Popular e-commerce companies, including giants Shein and Temu, use the so-called "de minimis" exemption to ship tens of millions of packages β everything from end tables and lamps to shoes and underwear β to U.S. consumers every year. So long as each individual package is worth $800 or less, they aren't required to pay import fees or go through typical customs inspections. But under an executive order signed by Trump Wednesday, that loophole will close on May 2.
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RFK Jr. visits epicenter of Texas measles outbreak after death of second child
U.S. Health and Human Services Secretary Robert F. Kennedy Jr. visited the epicenter of Texas' still-growing measles outbreak on Sunday, the same day a funeral was held for a second young child who was not vaccinated and died from a measles-related illness.
Kennedy said in a social media post that he was working to "control the outbreak" and went to Gaines County to comfort the families who have buried two young children. He was seen late Sunday afternoon outside of a Mennonite church where the funeral services were held, but he did not attend a nearby news conference held by the U.S. Centers for Disease Control and Prevention about the outbreak.
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U.S. Health and Human Services Secretary Robert F. Kennedy Jr. visited the epicenter of Texas' still-growing measles outbreak on Sunday, the same day a funeral was held for a second young child who was not vaccinated and died from a measles-related illness.
Kennedy said in a social media post that he was working to "control the outbreak" and went to Gaines County to comfort the families who have buried two young children. He was seen late Sunday afternoon outside of a Mennonite church where the funeral services were held, but he did not attend a nearby news conference held by the U.S. Centers for Disease Control and Prevention about the outbreak.
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Netanyahu is set to meet Trump to talk tariffs and hostages in Gaza
Israeli Prime Minister Benjamin Netanyahu is in Washington for a second meeting since President Trump took office and as Israel's war in Gaza marks a year and a half. Netanyahu says he expects to discuss efforts to release Israeli hostages from Gaza, as well as new U.S. tariffs. The Trump administration imposed 17% tariffs on Israel as part of new trade measures on goods from many countries.
Netanyahu is facing pressure at home from former Israeli security chiefs, protesters and the families of hostages still held in Gaza to return to ceasefire negotiations, which his far-right coalition has resisted.
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Israeli Prime Minister Benjamin Netanyahu is in Washington for a second meeting since President Trump took office and as Israel's war in Gaza marks a year and a half. Netanyahu says he expects to discuss efforts to release Israeli hostages from Gaza, as well as new U.S. tariffs. The Trump administration imposed 17% tariffs on Israel as part of new trade measures on goods from many countries.
Netanyahu is facing pressure at home from former Israeli security chiefs, protesters and the families of hostages still held in Gaza to return to ceasefire negotiations, which his far-right coalition has resisted.
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My friend loves to talk to people and tell them what he thinks. He is ________.
Anonymous Quiz
1%
ugly
95%
talkative
3%
strong
1%
sad
π1
Peter never gets upset or annoyed when things go wrong. He is a very ____________ man.
Anonymous Quiz
19%
hard-working
8%
attractive
70%
easy-going
4%
mad
π1
πAccount
ββββββ
πAn account is a record. We often use it to talk about recording money. If a bank looks after your money, you have an account with them. The arrangement that a business has with a client can also be called an account.
π You should put that money in a saving account.
π I'm responsible for the company's biggest account.
πAn account can also be a description of something that happened, or a story.
π The police wanted to hear his account of what happened.
πWe also use account in some common expressions. If you take something into account, then you consider it and if you account for something you explain why it happened.
π You'll need to take many factors into account to make this decision.
π We need you to account for your behaviour.
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ββββββ
πAn account is a record. We often use it to talk about recording money. If a bank looks after your money, you have an account with them. The arrangement that a business has with a client can also be called an account.
πAn account can also be a description of something that happened, or a story.
πWe also use account in some common expressions. If you take something into account, then you consider it and if you account for something you explain why it happened.
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Genetic Engineering Company βRevivesβ Dire Wolves After 13K Years Of Extinction, Prompting βJurassic Parkβ Comparisons
Colossal Biosciences, the genetic engineering company working to bring back the woolly mammoth, has announced that they have successfully brought back the dire wolf after nearly 13,000 years of extinction.
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Colossal Biosciences, the genetic engineering company working to bring back the woolly mammoth, has announced that they have successfully brought back the dire wolf after nearly 13,000 years of extinction.
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I can see the sunshine behind the ______.
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9%
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19%
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3%
C. sofa
69%
D. curtains
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Supreme Court lets Trump administration resume deportations under Alien Enemies Act
The U.S. Supreme Court has allowed the Trump administration to resume deporting certain immigrants, marking a partial victory for Trumpβs strict immigration stance. The ruling focused on a technicality, stating that immigrants challenging deportation filed in the wrong court (D.C. instead of Texas). While the Court didnβt decide whether Trump can use the Alien Enemies Act to deport alleged Venezuelan gang members, it lifted a lower court order blocking deportations. The 6-3 decision allows the Justice Department to continue using the 1798 law, with some dissent from liberal justices and Justice Amy Coney Barrett. Trump praised the ruling as a win for national security.
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The U.S. Supreme Court has allowed the Trump administration to resume deporting certain immigrants, marking a partial victory for Trumpβs strict immigration stance. The ruling focused on a technicality, stating that immigrants challenging deportation filed in the wrong court (D.C. instead of Texas). While the Court didnβt decide whether Trump can use the Alien Enemies Act to deport alleged Venezuelan gang members, it lifted a lower court order blocking deportations. The 6-3 decision allows the Justice Department to continue using the 1798 law, with some dissent from liberal justices and Justice Amy Coney Barrett. Trump praised the ruling as a win for national security.
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Wall Street leaders warn of harsh economic consequences from Trump's tariffs
Stocks swung wildly for a third consecutive day in response to the coming widespread U.S. tariffs, many of which are set to take effect on Wednesday. Now, some Wall Street leaders are warning that more economic pain could be ahead. The business community has generally tried to avoid criticizing Trump in public and has welcomed his promises of lower taxes and deregulation. But the ongoing market sell-off appears to have loosened more tongues in the financial sector.
JPMorgan Chase CEO Jamie Dimon, who runs the largest U.S. bank and is one of the most powerful leaders on Wall Street, on Monday warned that the tariffs will raise prices, slow economic growth, and hurt the country's global standing.
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Stocks swung wildly for a third consecutive day in response to the coming widespread U.S. tariffs, many of which are set to take effect on Wednesday. Now, some Wall Street leaders are warning that more economic pain could be ahead. The business community has generally tried to avoid criticizing Trump in public and has welcomed his promises of lower taxes and deregulation. But the ongoing market sell-off appears to have loosened more tongues in the financial sector.
JPMorgan Chase CEO Jamie Dimon, who runs the largest U.S. bank and is one of the most powerful leaders on Wall Street, on Monday warned that the tariffs will raise prices, slow economic growth, and hurt the country's global standing.
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China vows retaliation and a 'fight to the end' after Trump's latest tariff threat
China said on Tuesday it will not back down in the face of President Trump's fresh threat to impose an additional 50% tariff on Chinese imports, as the trade war between the world's top two economies intensifies.
Trump said on Truth Social he would impose the new tariffs on China if Beijing did not retract a 34% retaliatory tariff on U.S. goods that it announced in response to Trump's initial salvo last Wednesday. In a strongly worded statement, China's commerce ministry said the country "will resolutely take countermeasures to safeguard its rights and interests."
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China said on Tuesday it will not back down in the face of President Trump's fresh threat to impose an additional 50% tariff on Chinese imports, as the trade war between the world's top two economies intensifies.
Trump said on Truth Social he would impose the new tariffs on China if Beijing did not retract a 34% retaliatory tariff on U.S. goods that it announced in response to Trump's initial salvo last Wednesday. In a strongly worded statement, China's commerce ministry said the country "will resolutely take countermeasures to safeguard its rights and interests."
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I have lost my ________. I donβt want to eat anything.
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11%
hungry
80%
appetite
6%
happiness
3%
life
π3π1π€―1
Jake has a lot of common sense. He always knows correct thing to do. He is a _______ boy.
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33%
sensitive
4%
sensual
61%
sensible
2%
nonsense
π2π2
Lora only thinks about herself. She is ________.
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1%
naughty
94%
selfish
2%
patient
3%
genius
π3π1
U.S. stock markets bounce back after Trump tariffs shock β but nerves abound
U.S. stock markets bounced back on Tuesday after several days of sustained sell-offs that saw equity markets crater since President Trump's announcement of global trading tariffs.
The recovery in Wall Street comes after shares in Europe and Asia rebounded earlier following a tumultuous day on global markets on Monday. The Dow Jones Industrial average was up over 1,200 points, or more than 3% in early trading on Tuesday after three sessions of steep falls. The S&P 500 and the Nasdaq were also up more than 3%.
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U.S. stock markets bounced back on Tuesday after several days of sustained sell-offs that saw equity markets crater since President Trump's announcement of global trading tariffs.
The recovery in Wall Street comes after shares in Europe and Asia rebounded earlier following a tumultuous day on global markets on Monday. The Dow Jones Industrial average was up over 1,200 points, or more than 3% in early trading on Tuesday after three sessions of steep falls. The S&P 500 and the Nasdaq were also up more than 3%.
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πDraw
ββββββ
π Draw is commonly used as a verb that means creating a picture or image
π My cousin drew our family using different coloured pencils.
π My daughter has just learned to draw!
πWe can also use the verb βdrawβ to mean attracting attention - someone wanting to look at something.
π The amazing singer drew a huge audience.
π A World Cup game is guaranteed to draw a large number of viewers!
π Draw as a noun can also describe competition results that are equal.
π The football match ended in a draw β it was 1:1.
π This boxer has never lost a fight - he has six wins and a draw.
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ββββββ
π Draw is commonly used as a verb that means creating a picture or image
πWe can also use the verb βdrawβ to mean attracting attention - someone wanting to look at something.
π Draw as a noun can also describe competition results that are equal.
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Tiffany Trump Throws βGlamβ Baby Shower, Announces Sheβs Having A Boy
Tiffany Trump, the daughter of President Donald Trump, joyfully celebrated her pregnancy at a lavish baby shower, where she finally revealed that she is expecting a baby boy.
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Tiffany Trump, the daughter of President Donald Trump, joyfully celebrated her pregnancy at a lavish baby shower, where she finally revealed that she is expecting a baby boy.
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IRS agrees to share tax information to help with Trump deportation plans: court records
The IRS has agreed to share tax information with federal immigration agents to help locate undocumented immigrants, according to court filings. This move aligns with President Donald Trump's pledge to intensify immigration enforcement. Millions of undocumented immigrants use Individual Taxpayer Identification Numbers (ITINs) to file taxes, giving the IRS access to their names and addresses. Following the news, acting IRS Commissioner Melanie Krause announced her resignation, though no further details were provided.
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The IRS has agreed to share tax information with federal immigration agents to help locate undocumented immigrants, according to court filings. This move aligns with President Donald Trump's pledge to intensify immigration enforcement. Millions of undocumented immigrants use Individual Taxpayer Identification Numbers (ITINs) to file taxes, giving the IRS access to their names and addresses. Following the news, acting IRS Commissioner Melanie Krause announced her resignation, though no further details were provided.
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