@Lawrence: Tariff announcements and market swings

BREAKING: Trump’s Trade Genius Sparks Massive Stock Market Rebound In the heart of America’s economic resurgence, the stock market roared back to life today, April 8, 2025, opening with a thunderous buying trend. President Trump’s brilliant trade strategy; hammering out deals with nations scrambling to avoid his tariffs, lit the fuse, sending the Dow skyrocketing over 3%, the S&P 500 soaring 3.2%, and the Nasdaq leaping 3.6%. MAGA faithful knew this was coming; after a week of fake news driven panic, the market’s rebound proved Trump’s America First policies work. Wall Street, finally waking up to the winning playbook, piled in as businesses cheered the promise of fair trade.

This clip will go down in history: At 4:25 PM ET, S&P 500 futures were trading +1.7% higher. At 4:26 PM ET, Howard Lutnick handed a poster outlining "reciprocal tariffs" to President Trump. Stock market futures fell REAL-TIME as Trump read off tariffs name by name. By 4:42 PM ET, the S&P 500 erased over -$2 TRILLION in market cap. That's -$125 billion per minute.

NEW: CNN anchor cuts off a guest mid-sentence as he praises Trump’s economic rebound—just to push the network’s official talking points. Liberal commentator Elliot Williams was in the middle of an unusual moment: giving Trump credit for a surging stock market. “The news out of the market is wonderful today,” he said. “I don't know where we are at the moment—we're not running a ticker. But you know, the DOW was up 1,000 points a little bit earlier in the day.” “It’s responding to—” That’s when CNN’s Kasie Hunt jumped in to stop him. “Actually here, let me jump in because we do have...our sort of.....‘reportable lines’ on this,” Hunt said, quickly shifting the tone. She rattled off the network’s framing: “The DOW, Nasdaq and S&P 500 posted the single biggest day gains since April 9th, which was the day that Trump PAUSED most reciprocal tariffs.” “As of today the DOW, Nasdaq and S&P 500 have erased the losses, SINCE Liberation Day.” Then she smirked: “My 401K, it’s been liberated. Liberation Day!” Instead of letting a rare positive moment for Trump stand on the network, CNN swooped in with pre-approved spin—and a dose of sarcasm.