Markets plummet, a House revolt, and other big Washington news

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  Hey there, it's shemitha.

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  It helps other people find our show and it helps us know what you like about it.

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  Thanks.

• 00:22

  Good morning.

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  It's Friday, April 4th.

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  I'm Shemitah Basu.

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  This is Apple News Today.

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  We begin with the immediate fallout from Trump's sweeping tariffs enacted on Wednesday.

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  Markets slid with US Stocks seeing their steepest decline in market value since March of 2020.

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  JP Morgan economists said yesterday they believe there's a 60% chance of a global recession.

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  President Trump defended the tariffs while standing outside Air Force One yesterday,

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  saying they put America in the driver's seat.

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  The markets are going to boom, the stock is going to boom, the country is going to boom.

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  And the rest of the world wants to see is there any way they can make a.

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  But lots of economists, from more liberal ones to more conservative ones,

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  are waving red flags saying the math just doesn't add up.

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  Here's some reaction from CNBC's Jim Cramer on CNN Yesterday the President said, listen.

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