US News: Markets suffer worst day since 2020; fears of recession loom

Laura Loomer, a right-wing personality known for her incendiary social media presence, appeared to have been sidelined at points by Donald Trump’s campaign and then by his administration. But she has long had the president’s ear and may have it again, at least for now. In an Oval Office meeting on …

Democratic officials in 19 states are suing over President Donald Trump’s attempt to reshape elections across the U.S., calling it an unconstitutional invasion of states’ clear authority to run their own elections.

Whatever you think of President Trump’s tariffs, there’s one point you have to concede: his interest in them is not a passing whim. He noted that on Wednesday, in the Rose Garden, when he was announcing the latest, massive round of tariffs. “I’ve been talking about this for 40 years,” he said.The use of tariffs are a core belief for Donald Trump. Trade deficits are bad, other countries take advantage of the U.S. and tariffs are the way to fix this.Since the Rose Garden announcement, markets have plunged, other countries have promised to retaliate, and members of his own party have spoken out against the tariffs.Trump’s tariff plan is designed to eliminate U.S. trade deficits. Are trade deficits actually bad?For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.Email us at considerthis@npr.org.

President Donald Trump offered a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, “I think it’s going very well.” “The markets are going to boom, the stock is going to boom, the country is going to boom,” he said when asked about the market as he left the White House to fly to one of his Florida golf clubs. The Dow Jones Industrial Average dropped more than 1,600 points on Thursday as U.S. stocks led a worldwide selloff after the Republican president’s announcement of tariffs against much of the world ignited a shock like none seen since the COVID-19 pandemic.

India is the world’s fastest-growing major economy. How it deals with Trump will define its economic trajectory.