Trump Announces Next Move After China Tariffs, Leaves World Shocked? Full Cabinet Meet | 2025
What to know today
- President Donald Trump said this afternoon that he was not tracking a fall in the stock market as he met with his Cabinet secretaries amid worsening trade tensions with China. Markets declined, with the S&P 500 down more than 3%.
- At the same time, Trump acknowledged that his tariffs will pose "transition problems" but maintained that he thinks his policies will ultimately help the United States.
- The Supreme Court tonight ruled that the Trump administration must "facilitate" the release of Kilmar Abrego Garcia, a Maryland man who was wrongly deported to a prison in El Salvador.
- House Republicans this morning adopted a budget blueprint aimed at advancing Trump's policy agenda after concerns from some conservatives over the level of cuts delayed a vote on the measure yesterday.
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