All eyes are on the stock market as President Donald Trump’s tariffs fallout on dozens of other countries continues. What to expect at the opening bell and the president’s remarks on the nation’s trade deficit. Also, deadly spring storms — ranging from tornadoes to rising rivers and flooding — are predicted to persist this week, impacting areas most susceptible to severe weather. These stories and more highlight your Unbiased Updates for Monday, April 7, 2025.
European, Asian stocks plummet amid Trump’s new tariffs
Stock shares continue to plummet worldwide as increased U.S. tariffs and retaliation from China trigger massive sell-offs.
European shares tracked Asian markets downward, as Germany’s DAX fell 6.5%, while France’s benchmark stock index declined 5% and Britain’s FTSE (Footsie) 100 dropped 4.5%.
Meanwhile, U.S. futures indicated further weakness ahead of trading on Wall Street on Monday, April 7.
The futures for both the Dow and the S&P 500 are down more than 4%, while the Nasdaq futures are down by more than 5%. Monday could be another rocky day on Wall Street as it heads toward bear market territory.
On Friday, April 4, the worst market crisis since the COVID pandemic shifted into high gear occurred, as the S&P plummeted 6%, the Dow plunged 5.5% and the Nasdaq composite dropped 5.8%.
Still, President Donald Trump won’t back down from his tariffs.
“I don’t want anything to go down, but sometimes you have to take medicine to fix something,” Trump said.
He continued, “We will be taking in over a trillion dollars over the next short period of time with the tariffs that I’ve already instituted. They’re already in place. Now, what’s going to happen with the market? I can’t tell you, but I can tell you our country has gotten a lot stronger.”
Trump administration officials said more than 50 nations have already called about launching negotiations to lift the tariffs.
“We have massive financial deficits with China, the European Union and many others. The only way this problem can be cured is with tariffs,” Trump posted to Truth Social.
Deadline looms for Trump administration to return deported Maryland man to US
A federal judge gave the Trump administration until 11:59 p.m. on Monday, April 7, to return a Maryland man to the U.S. after his wrongful deportation to a high-security prison in El Salvador.
The Trump Administration asked the federal judge on Friday, April 4, to postpone the deadline for returning Kilmar Abrego Garcia to the U.S. However, the judge determined that Abrego Garcia’s deportation was a “grievous error” that needed rectification.
The Trump administration admitted to mistakenly deporting Abrego Garcia, who was under a 2019 court order not to be sent to El Salvador due to fears of reprisal from a violent gang.
Meanwhile, the Justice Department placed the attorney who argued on behalf of the government on Friday, April 4, on indefinite paid leave for what Attorney General Pam Bondi called a failure to “zealously advocate on behalf of the United States.”
Last week, Vice President JD Vance called Abrego Garcia a convicted MS-13 gang member who has no legal right to be here.
Dangerous flooding to persist for days in South, Midwest following deadly storms
Forecasters warned of dangerous conditions in the days ahead following a storm system that swept through parts of the South and Midwest, from Texas to Ohio.
Since Wednesday, April 2, officials reported that at least 20 people have died across seven states due to the outbreak of severe weather. This includes a 9-year-old boy from Kentucky who was swept away by floodwaters while walking to a bus stop.
A strong EF-3 tornado ripped through Selmer, Tennessee, killing several people on Thursday, April 3.
In Kentucky, rising and churning rivers have prompted evacuations and warnings for people to move to safer ground. Rescues continue in flooded areas.
Residents in low-lying areas are preparing for potential flooding. Forecasters predict that the Kentucky River will reach a historic crest on Monday, April 7, putting to the test the flood walls constructed to protect against severe flooding.
RFK Jr. touts MMR vaccine following second US measles death
Health and Human Services Secretary Robert F. Kennedy Jr. has touted the measles, mumps and rubella vaccine as the “most effective” way to prevent the spread of measles.
Kennedy visited Texas and met with the family of an 8-year-old girl who died from the disease.
In Seminole, Texas, with Jake and Tina Fehr whose 2-year-old daughter, Helena was just discharged after three weeks in the ICU, Peter and Eva Fehr whose daughter, Kayley, 6, passed in February, and Pete and Eva Hildebrand whose daughter, Daisy, 8, we buried this afternoon. I also… pic.twitter.com/BjErlRkCJX
— Secretary Kennedy (@SecKennedy) April 7, 2025
Two Texas children have now died from the preventable disease.
According to The New York Times, the hospital in Lubbock, where the second child died, confirmed that the child was not vaccinated.
The first child to die from the outbreak occurred in late February.
At the time, Kennedy, who has a history of vaccine skepticism, appeared to downplay concerns about the significance of the outbreak.
The measles outbreak has spread rapidly since January in the South Plains and Panhandle regions of Texas, with nearly 500 people infected, many of whom are school-aged children.
Trump to meet with Netanyahu about war in Gaza, tariffs
On Monday, April 7, Trump will host Israeli Prime Minister Benjamin Netanyahu at the White House.
The Israeli leader posted on Sunday, April 6, that he will be talking with Trump about several issues related to the war in Gaza. One of his main concerns includes the hostages that Hamas continues to hold since it attacked Israel in October 2023.
Netanyahu will likely discuss Israel’s strategy for achieving victory in Gaza, where a ceasefire collapsed in March due to Israel’s massive ground offensive. He also hopes to discuss and resolve Trump’s tariffs on the Middle Eastern nation.
Netanyahu expressed his hope to be able “to help on this issue.”
He pointed out that he is the first foreign leader to meet with Trump regarding the tariff issue, which is important to the Israeli economy, and that a long line of other leaders wishes to do the same.
On Wednesday, April 2, Trump imposed 17% tariffs on Israeli goods. Israel had canceled its tariffs on American products to “strengthen the alliance and ties between Israel and the U.S.”
UConn sweeps South Carolina for record 12th championship win
As the Florida Gators and Houston Cougars prepare for Monday night’s showdown on the hardwood for the NCAA Men’s Basketball Championship game, the women’s side has already crowned its top team.
CHAMPIONS.#MarchMadness x #WFinalFour x @UConnWBB pic.twitter.com/enjPld9ndU
— NCAA March Madness (@MarchMadnessWBB) April 6, 2025
The UConn Huskies blew out South Carolina on Sunday, April 6, to win their record 12th national title, 82 to 59.
It was the team’s so-called “Big Three” players who shined.
Paige Bueckers, Sarah Strong, and Azzi Fudd scored a combined 65 points, surpassing South Carolina’s total for the game.
Strong recorded a double-double with 24 points and 15 rebounds, Bueckers finished with 17 points and Fudd had 24.
UConn Huskies 2025 🏆#MarchMadness x #WFinalFour x @UConnWBB pic.twitter.com/Q05r1VDPzo
— NCAA March Madness (@MarchMadnessWBB) April 6, 2025
They are the first trio of teammates to each score 100 points in an NCAA tournament since the 2009 UConn group of Maya Moore, Renee Montgomery and Tina Charles.
Strong is the first player in history to record at least 20 points, 15 rebounds, and five assists in a national championship game.
Capitals’ Alex Ovechkin surpasses Wayne Gretzky’s all-time scoring record
Hockey star Alex Ovechkin made history this weekend by officially breaking “The Great One” Wayne Gretzky’s all-time scoring record.
Ovechkin netted his 895th goal during the Washington Capitals game against the New York Islanders on Sunday, April 6, beating fellow Russian Ilya Sorokin in the second period.
ALEX OVECHKIN IS THE GREATEST GOALSCORER IN NHL HISTORY! 🚨🚨🚨 #Gr8ness pic.twitter.com/NKef3VvNaJ
— NHL (@NHL) April 6, 2025
It was the first time Ovechkin had ever scored on Sorokin, making him the 183rd different goaltender Ovechkin has scored on.
Gretzky was there to congratulate Ovechkin on the achievement and participated in the festivities. Ovechkin and Gretzky have played exactly the same number of games: 1,487.
However, despite the big win for Ovechkin, it was the Islanders who defeated the Capitals 4 to 1.