Stock Market Drops, Recession Dears Heighten & American Allies Raise Alarms

Following President Donald Trump’s “Liberation Day” tariff announcement, today’s headlines reflect the rising alarm and pressure felt both at home and abroad. Widely criticized as punitive and unprecedented, reciprocal tariffs threaten to undo economic gains and push the United States toward recession. Globally, markets are reeling, and with stock indexes falling, American investors are retreating and families are going to feel the pain at the point of purchase.

Here’s what Americans are reading this morning:

• ABC News: Trump’s Tariffs Could Cause A Recession, Experts Say. Here’s How.
• Reuters: Trump’s Tariffs To Lift Companies’ Costs And Hurt Exports
• CNBC: Dow Futures Tumble 1,200 Points On Fear Trump’s Tariffs Will Spark Trade War: Live Updates
• The Wall Street Journal: U.S. Stock Futures, Dollar Tumble On Trump Tariff Plans
• The Guardian: US Dollar ‘At Risk Of Confidence Crisis’ As Trump Tariffs Rattle Global Markets — Business Live
• Financial Times: Trump Tariffs Live: US Stocks Fall Sharply On Fears Of Economic Hit From Tariffs
• The Associated Press: US And Global Markets Plunge After Trump Tariffs Heighten Chance Of A Broader Trade War
• Reuters: Stocks, US Dollar Sink As Trump Tariffs Fuel Economic Worries
• CNBC: ‘Absolutely Nothing Good’ Coming Out Of Trump’s Tariff Announcement: Analysts React To Latest U.S. Levies
• The New York Times: ‘It’s A Disaster’: Global Markets Slide After Trump Unveils Tariffs