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Thursday, April 3rd, 2025 - WI SC election; Trump to distance himself from Musk, Tesla sales plunge; Tariffs tank stocks; TikTok sale looms

Published 11 months, 3 weeks ago
Description

Today’s Headlines: Wisconsin’s Supreme Court election saw record turnout and spending, with liberal-leaning Judge Susan Crawford defeating Elon Musk-backed Brad Schimel, shifting the court’s balance. Hours later, reports emerged that Trump plans to distance himself from Musk, whose tough week continued as Tesla sales dropped 13%, and shares tumbled 44% since December. Meanwhile, Trump’s new tariffs—hitting China with a 54% effective rate and raising import costs across the board—sent the stock market into a tailspin, disproportionately impacting middle- and low-income Americans. Notably absent from the tariff list: Russia, as a top Putin ally, quietly visited Washington. Elsewhere, Amazon made a surprise bid for TikTok ahead of a looming sale deadline, and NYC Mayor Eric Adams’ corruption case was dismissed.


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Morning Announcements is produced by Sami Sage alongside Bridget Schwartz and edited by Grace Hernandez-Johnson

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