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Morning Announcements

Tuesday, April 8th, 2025 - Tariff & global market crash updates; SCOTUS splits on deportations; 238 Venezuelans deported

Morning Announcements

Betches

News Commentary, Daily News, News, Politics

4.81.4K Ratings

🗓️ 8 April 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

Today’s Headlines: The global economy is spiraling as Trump doubles down on tariffs, threatening a 50% increase on China if they don’t back down. Markets tanked again, swinging wildly after a false report hinted at a delay, and the chaos isn't just domestic — Japan’s Nikkei dropped 8% and Europe’s markets fell 4%. Congress remains largely inactive but a few Republican lawmakers are attempting to push back, Trump has already vowed to veto any bill on tariffs. The U.S. also slapped a 17% tariff on Israeli imports, despite Israel dropping theirs in solidarity. Meanwhile, the Supreme Court made two big moves: they temporarily blocked the return of a wrongfully deported Maryland man to El Salvador, but also allowed the administration to keep using an 18th-century law to deport immigrants with minimal due process — a decision so extreme even Amy Coney Barrett joined the dissent. And in Texas, 238 Venezuelan migrants — most with no criminal records — were deported to a maximum security prison in El Salvador. Resources/Articles mentioned in this episode: Bloomberg: Trump Threatens 50% More China Tariffs, Teases Talks With Others Axios: Stock markets lurch on false Trump tariff pause report Axios: Scoop: Trump issues veto threat on tariff bill  Times of Israel: Iran denies Trump's claim sides to hold direct nuclear talks, says Oman will mediate  Ap News: Chief Justice Roberts pauses order for return of Maryland man deported to El Salvador Axios: Supreme Court allows Alien Enemies Act deportations to resume  CBS News: U.S. sent 238 migrants to Salvadoran mega-prison; documents indicate most have no apparent criminal records Morning Announcements is produced by Sami Sage alongside Bridget Schwartz and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello, U-Up listeners.

0:02.0

It's been a while since we've met in person, and we were thinking maybe it's time we set up another date.

0:08.2

We're so excited that we're going to be hosting a very special U-Up live event in New York City on April 30th at the Palladium Times Square.

0:17.8

Expect the games you love, spicy dating reveals, and even a live dating app

0:22.5

Maygover. But this time with you in the audience. Rally your friends, bring your craziest dating

0:28.6

stories, and join Jared and I live for a night of laughs that you won't want to miss.

0:33.8

Tickets are on sale now, so visit betches.co slash you up live to get yours before they're gone.

0:41.6

Today is Tuesday, April 8th, and you're listening to the morning announcements presented by

0:46.2

Betches Media. I'm your host, Sammy Sage, and the morning announcements is your daily five-minute

0:51.0

breakdown of the headlines that isn't a megaphone for the loudest voices,

0:54.8

but a magnifying glass for the most important news.

1:00.2

The self-inflicted trade war continues with another day of plummeting stocks, made worse midday

1:06.2

by President Donald Trump posting on Truth Social in response to China's 34% tariff, which was in

1:12.8

response to our tariffs, that if China does not withdraw its quote, 34% increase above their

1:18.8

already long-term trading abuses by tomorrow, that's today, April 8th, the United States will

1:24.4

impose additional tariffs on China of 50%, effective April 9th.

1:29.6

That's tomorrow.

1:31.0

So hit the Sapphora sale this year before Foundation becomes the price of Botox and Botox becomes

1:36.7

the price of a facelift.

1:38.6

At one point yesterday, the market swung by 8% within 30 minutes in response to a false

1:43.8

headline that Trump was considering

1:45.4

a 90-day extension on implementing the tariffs so that he could negotiate trade agreements,

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