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U.S. markets reversed an early morning rally on Tuesday and closed down for a fourth-straight day.
What to Know
- Stocks fell Tuesday afternoon, losing their gains from earlier in the day, as Trump's tariff deadline nears.
- Trump's sweeping tariffs will go into effect at midnight tonight, including an expected 104% tariff on China.
- The Supreme Court blocked a lower-court order directing the Trump administration to rehire 16,000 fired federal workers who had been on probationary status.
- Trump signed an executive order aimed at expanding U.S. coal production in an attempt to revive the industry.
This live blog on the Trump administration for Tuesday, April 8, 2025, has ended. See more coverage here.
