Trump news today: Thousands to protest at ‘Hands Off’ rally nationwide to push back on Trump and Musk agenda
Ending a historically bad week, stock markets plunged further across the world on Friday, and the risk of a U.S. recession rose as President Donald Trump tried to defend his sweeping global tariff agenda.
Having already insisted to reporters that the rollout of tariffs on all American trading partners was “going very well”, he posted on Truth Social on Friday: “ONLY THE WEAK WILL FAIL!” as $6 trillion in value was wiped out in two days.
On Friday morning, Trump dismissed China’s 34 percent retaliatory tariff against American goods, saying they had “PLAYED IT WRONG” and “PANICKED.” It is unclear what he meant by that.
He later revealed he was negotiating with Vietnam, a major source of U.S. imports, over the tariff rate he set for them. The president also implored Federal Reserve Chairman Jerome Powell to cut interest rates.
At the closing bell on Wall Street, investors looked back on a bloodbath of a day. The Dow Jones Industrial Average was down more than 2,200 points and the S&P 500 had lost 6% of its value.
While Americans fretted about their retirement plans and the prospect of slower growth and higher inflation, the president spent the day at his golf club.
Abrego Garcia was <a href=” to El Salvador on March 15, joining dozens of mostly Venezuelan immigrants on removal flights after the president secretly invoked the Alien Enemies Act to <a href=” deport alleged Tren de Aragua gang members.
Two of the planes were sent to <a href=” Salvador under that wartime authority, and a third plane was supposed to only be carrying immigrants with court orders for their removal. Abrego Garcia was on that plane — something administration officials have called an “oversight” — despite no orders for his removal from the country.
Alex Woodward has been following the case.
The <a href=” Security Administration is reportedly drafting plans to lay off thousands more employees overseeing benefits for the nation’s seniors as part of <a href=” Musk’s <a href=” of Government Efficiency initiative, even as it has struggled with reports of poor customer service following the loss of 7,000 workers who have left or been fired from the agency already this year.
Under the direction of Musk’s U.S. DOGE Service, the agency is looking at cuts across a variety of departments, including communications, personnel, legislative affairs, and retirement and disability policy.
“It’s just cut, cut, cut,” an official <a rel=”nofollow” target=”_blank” href=” The Washington Post, which reported on the plan.
Josh Marcus reports.
Amid an <a href=” market selloff and economists increasingly forecasting a global recession due to Donald Trump’s <a href=” across-the-board tariffs, the president’s loyalists at Fox News have been <a href=” searching for ways to positively spin the fears of a financial crash.
