Top Items:
New York Times:
After a Blowout Week, Wall Street Decision Makers Brace for More Chaos — The financial titans who backed Trump are now dealing with the fallout from his tariffs. They spent the weekend surveying the damage of last week's major sell-off. — There was little rest on Wall Street this weekend.
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Reuters, Bloomberg and Fortune, more at Mediagazer »
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CNBC:
Dow futures fall 1,500 points Sunday as Trump tariff market rout escalates: Live updates — U.S. stock futures dropped on Sunday evening as the White House remained defiant even after a two-day historic stock market rout that followed President Donald Trump's rollout of shockingly high tariff rates on most key U.S. trading partners.
Dan Diamond / Washington Post:
As the markets fell, Trump putted — The stock markets have lost more than $6 trillion in value since Trump imposed sweeping tariffs. But on Sunday the president won — at golf. — OUTSIDE TRUMP NATIONAL GOLF CLUB, JUPITER — The stock markets have lost more than $6 trillion …
Discussion:
Associated Press
Rolling Stone:
Trump to America as Markets Crash: ‘Sometimes You Have to Take Medicine’ — The president said Sunday he is not deliberately tanking the markets, as U.S. market futures dropped again following his tariff announcement — Donald Trump said Sunday he is not deliberately tanking the stock market …
Piero Cingari / Euronews:
Bloodbath for European markets as stocks see worst fall since March 2020 — European equities plunged in their worst session since March 2020, as the global market rout intensified. Safe-haven assets gained as investors brace for prolonged volatility amid rising inflation fears and no immediate central bank support.
Wall Street Journal:
Wall Street Starts to Speak Out Against Trump's Tariffs — Veteran investor Stan Druckenmiller and Pershing Square's Bill Ackman are among those raising concerns about the president's steep, across-the-globe levies — For weeks, as the contours of President Trump's sweeping tariff plans came …
Discussion:
Wide World of News, Raw Story and Bloomberg
Wall Street Journal:
U.S. Stock Futures, Nikkei Plunge as Tariff Turmoil Deepens — Oil prices and Treasury yields also fell as President Trump stood firm on imposing tariffs that investors fear will clobber the global economy — More pain appears to be in store for markets after their worst week to start a quarter since 2008.
Discussion:
Associated Press, Reuters and Lawyers, Guns & Money
Focus Taiwan:
Taiwan shares suffer steepest daily decline amid Trump tariff scare
Discussion:
Al Jazeera, more at Techmeme »
Elaine Kurtenbach / Associated Press:
World markets plunge, with Japan's Nikkei diving nearly 8%, after the big meltdown on Wall St
Discussion:
The Hill, Washington Examiner, The Guardian, Associated Press and WHDH-TV
Associated Press:
Trump says he's not backing down on tariffs, calls them ‘medicine’ as markets reel
Discussion:
Washington Examiner, CNN, The Hill, NBC News, Associated Press, Reuters, Noahpinion, NH Journal, New York Post, CBS News, Washington Times, Boston Herald, The Independent, Wausau, Bloomberg, WISH-TV, CNBC, Al Jazeera and Fortune
New York Times:
Stocks in Asia Fall Sharply, Extending a Rout Caused by Trump's Tariffs
Discussion:
Washington Post, New Jersey Online, The Dispatch, CNN, The Hill, Hong Kong Free Press HKFP, Associated Press and The Guardian
Graig Graziosi / The Independent:
Musk again distances himself from Trump tariffs by scoffing at Lutnick's attempt to explain duties on penguin island
Discussion:
Al Jazeera, New York Post, Business Insider, Washington Times, Washington Examiner, Forbes, Axios, The Gateway Pundit, USA Today, Mother Jones, Raw Story, CNN and The Independent
Amala Balakrishner / CNBC:
Hong Kong's Hang Seng plunges nearly 10%, mainland's China CSI 300 slumps about 5% on trade war worries
Discussion:
Reuters, The Gateway Pundit and NBC News, more at Techmeme »
Tanaya Macheel / CNBC:
Trump says he doesn't want stocks to go down, ‘but sometimes you have to take medicine’
Discussion:
Axios, Al Jazeera and Business Insider
Cecilia Vega / CBS News:
Trump administration deports gay makeup artist to prison in El Salvador — Andry Hernandez Romero, a gay makeup artist who came to the United States last year in search of asylum, is one of 238 Venezuelan migrants who were flown from the U.S. to a maximum security prison in El Salvador three weeks ago.
Discussion:
WISH-TV
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Cecilia Vega / CBS News:
U.S. sent 238 migrants to Salvadoran mega-prison; documents indicate most have no apparent criminal records — Three weeks ago, 238 Venezuelan migrants were flown from Texas to a maximum security prison in El Salvador. — That country's president offered to take them and the Trump administration used …
Discussion:
The Bulwark
Associated Press:
Judge says deportation of Maryland man to an El Salvador prison was ‘wholly lawless’
Discussion:
Fox News, New York Times, Civil Discourse …, The Hill, Townhall, Associated Press, The Guardian, New York Daily News, Rolling Stone, Washington Examiner, Politico, CBS News, Axios and RedState
Washington Post:
Tariffs are taxing GOP unity — Just now … Good morning, Early Birds. Congratulations to the record-breaking winners of yesterday's Cherry Blossom 10 Mile Run. Taylor Roe not only broke a U.S. record for women — but also a world record. Send tips to earlytips@washpost.com.
Discussion:
emptywheel
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Meredith Lee Hill / Politico:
Johnson and Trump scramble to show agenda progress amid market plunge
Discussion:
The Hill, Los Angeles Times, Roll Call and One America News Network
Noah Berlatsky / Public Notice:
Trump's tariffs insanity begins to fracture the MAGA cult
Discussion:
Bloomberg
Carolyn Y. Johnson / Washington Post:
NIH scientists have a cancer breakthrough. Layoffs are delaying it. — A big step forward in cancer therapy has been slowed by layoffs and new restrictions at the National Institutes of Health, where it was developed.
Christian Paz / Vox:
Trump's tariffs risk destroying his winning coalition — As markets tank and the prospect of higher prices becomes more real, the future of President Donald Trump's winning coalition might be on a precipice, too. — Trump's tariff policy, unpopular with the American public in general …
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Yvonne Wingett Sanchez / Washington Post:
Among some Ariz. retirees, views on Trump tariffs split along party lines
Washington Post:
Social Security website keeps crashing, as DOGE demands cuts to IT staff — The worsening problems come as Elon Musk's DOGE team pushes for more cuts at the agency, including in the department that oversees the website. — Retirees and disabled people are facing chronic website outages …
Discussion:
Raw Story and Business Insider
David Goldman / CNN:
Jamie Dimon sounds the alarm bell on tariffs — JPMorgan CEO Jamie Dimon has issued a blunt warning about President Donald Trump's tariff policy: It threatens to raise prices, drive the global economy into a downturn and weaken America's standing in the world.
Sam Mednick / Associated Press:
Israel controls 50% of Gaza after razing land to expand its buffer zone — Israel has dramatically expanded its footprint in the Gaza Strip since relaunching its war against Hamas last month. It now controls more than 50% of the territory and is squeezing Palestinians into shrinking wedges of land.
Discussion:
Reuters and Associated Press
Danny Nguyen / Politico:
Kennedy announces support for measles vaccine amid outbreak — The statement is a surprising turn for the health secretary and comes amid reports of a second child's death. — Health Secretary Robert F. Kennedy Jr., who spent years promoting debunked theories and sowing doubts about the safety …
Discussion:
STAT, The Hill, Daily Mail, Scientific American, Fox News, One America News Network, Axios, Washington Examiner, WAGA-TV, New York Daily News, Hollywood Life, Forbes, Reuters, UPI, NBC News and New York Times
Maeve Reston / Washington Post:
Democrats launch new ‘war room’ to counter Trump and Republicans — The effort includes working with influencers who can connect with hard-to-reach voters and comes as Democratic voters urge leaders to fight harder against the Trump administration. — Just now
Tom Sherwood / Washington City Paper:
Trump Will Get His Showy (And Likely Expensive) Military Parade in D.C. — President Donald Trump for years has lusted after a big military parade over which he could preside—just like he sees leaders do in other mostly authoritative countries. — During his first term in 2018 …
Discussion:
Raw Story
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