Stock futures drop sharply, Jim Cramer warns of new 'Black Monday'
Share and Follow


The whiplash from President Trump’s fresh tariff agenda has lasted into the weekend as Trump’s approval rating takes a dip as Republicans on Capitol Hill work to carry out his domestic agenda.

Financial markets took a dramatic tumble after the president implemented a flat 10 percent tariff on all goods coming into the country, alongside steeper reciprocal tariffs against dozens of nations.

On Wednesday, Trump temporarily paused most tariffs while increasing tariffs against Chinese goods by 125 percent on top of the 20 percent duty levied against the world’s second largest economy earlier this year. 

China fired back Friday morning, announcing it would institute a 125 percent tariff on all U.S. goods coming into Beijing. 

Bridgewater Founder Ray Dalio, who will join NBC’s “Meet The Press,” is also slated to weigh in on Trump’s tariffs.

U.S. Trade Representative Jamieson Greer, who will sit down on CBS News’ “Face the Nation,” has said he has talked to multiple countries since Trump decided to roll back most of the tariffs.

Meanwhile, House Republicans on Capitol Hill were busy this week trying to pass the Senate’s budget framework, which they succeeded on Thursday.

Sen. Ron Johnson (R-Wis.), who backed the Senate plan and will appear on NewsNation’s “The Hill Sunday,” will likely touch on Congress’s efforts to pass the president’s legislative agenda.

Read the full Sunday show list here and follow along below for today’s updates.

Share and Follow
You May Also Like

October Job Surge: ADP Reports 42,000 New Private Sector Positions

Payroll management firm Always Designing for People (ADP) has revealed in its…

Ramaswamy Reveals the Two Key Issues Costing Republicans at the Polls

Vivek Ramaswamy, a GOP gubernatorial contender in Ohio, emphasized on Tuesday that…

Rosen Alleges Moreno of Unauthorized Surveillance on Employee Vehicles

During what was intended to be a routine Senate Commerce Committee hearing…

Houston Police Union Courts Discontented NYPD Officers Following Mamdani’s Controversial Victory

The Houston Police Officers’ Union is actively seeking to attract New York…

Marjorie Taylor Greene Dismisses 2028 Presidential Run Speculations: Truth Behind the Rumors

In a recent statement, Representative Marjorie Taylor Greene has firmly denied any…

Shocking Mistake: HMP Wandsworth Releases Convicted Fraudster and Sex Offender – Public Urged to Stay Alert

HMP Wandsworth finds itself under scrutiny once again following the erroneous release…

Supreme Court Faces Critical Test as Trump’s Tariff Policies Come Under Scrutiny

The Supreme Court is set to scrutinize President Trump’s extensive tariff policies…

Mamdani’s Victory: A Historic Political Upset, Says Sanders

Senator Bernie Sanders from Vermont has praised New York City’s Mayor-elect, Zohran…