April 7, 2025: State Highlights
April 7, 2025: 11:00 p.m.:
April 7, 2025: State Highlights
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President Trump announced that the U.S. has initiated direct talks with Iran concerning its nuclear program, with a high-level meeting scheduled for Saturday.
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The U.S. Supreme Court permitted the Trump administration to resume deportations of Venezuelan migrants under the rarely used Alien Enemies Act, ruling 5-4 that legal challenges to deportation must occur in Texas.
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President Trump threatened to veto a bipartisan bill proposed by Senators Chuck Grassley and Maria Cantwell that would require congressional approval for all new tariffs, arguing it would hinder the President’s authority to address national emergencies and foreign threats.
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Global markets plunged into turmoil due to President Trump’s imposition of sweeping tariffs on major trading partners, igniting fears of a recession. Major indexes like the S&P 500 have entered a bear market, crashing over 20% from recent highs.
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President Trump announced the imposition of a 10 percent baseline tariff on all countries beginning on April 5, 2025, and higher individualized tariffs on countries with which the U.S. has the largest trade deficits beginning on April 9, 2025.