Investors are reacting negatively to President Trump’s tariffs, with over $5 trillion of wealth being erased from the U.S. stock market in the past two days. China’s retaliatory move has caused markets to slide further. NBC News’ Christine Romans reports on the impact of the escalating trade war on the global economy. Trump’s tariffs have caused uncertainty and instability in markets, leading to significant losses for investors. This situation highlights the potential consequences of protectionist trade policies on the economy. The market downturn comes amidst other significant news stories, such as medical school students celebrating residency ‘Match Day’ and undocumented California farm workers facing deportation risks. The Texas measles outbreak and dangerous storms in the South are also causing concern. In addition to these domestic issues, major nationwide protests have erupted against the Trump administration’s policies. A Michigan couple detained in Mexico over a timeshare dispute has returned home, while a man deported to El Salvador in error has been ordered to be returned to the United States. The news cycle is dominated by stories of immigration, trade wars, protests, and natural disasters, highlighting the complexities and challenges facing the country at this time.
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