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Hey there from CNN. I'm Krista Bow with the five things you need to know for Monday, March 24th.

Two senior administration officials tell CNN President Donald Trump is holding a cabinet meeting today. It comes as the administration faces legal challenges over deportation flights

and prepares to unveil new tariffs beginning next month.

Trump has been hyping up April 2nd as Liberation Day, a moment where he has said sweeping

reciprocal tariffs would take place.

But now, Bloomberg and the Wall Street Journal's reporting the Trump administration is

dialing back on that, and the stock market's pretty happy to hear that.

The White House told CNN no final decisions have been made, and negotiations with trade partners

like the EU, Mexico, and Canada are ongoing.

CNN's Elizabeth Buckwalt's here to explain another tariff plan Trump just announced this morning.

So, Krista, just as we were starting to get comfortable with the idea that there might be some delays on tariffs,

Trump posted on truth social this

morning that any country purchasing Venezuelan oil can face a 25% tariff.

It's not clear exactly what it would be, but the U.S. does purchase a whole lot of oil

from Venezuela, so we could start to see gas prices move up here.

The U.S. quietly dropped terrorism charges against an alleged high-ranking MS-13 gang leader and deported him to El Salvador.

It's part of a controversial deal between the Trump administration and El Salvador's president to send migrants accused of crimes in the U.S. to the country.

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