<p style="font-weight: 400;">Over the weekend, reports surfaced that President Donald Trump is considering narrowing the range of tariffs he wants to impose on foreign countries starting April 2, targeting 15% of the countries with chronic trade imbalances with the United States.</p>
<p style="font-weight: 400;">“April 2nd is Liberation Day in America!!!” Trump exclaimed on Truth Social. “For DECADES we have been ripped off and abused by every nation in the World, both friend and foe. Now it is finally time for the Good Ol’ USA to get some of that MONEY, and RESPECT, BACK. GOD BLESS AMERICA!!!”</p>
<p style="font-weight: 400;">On Monday, U.S. stocks soared as news of the narrower range of tariffs broke; the Dow Jones Industrial Average rose 600 points, the S&amp;P 500 climbed 1.76%, and Nasdaq increased 2.27%, Market Watch <a href="https://www.marketwatch.com/livecoverage/stock-market-today-dow-s-p-500-and-nasdaq-set-for-early-gains-on-reports-of-lighter-tariffs" target="_blank" rel="noopener">noted</a>.</p>
<p style="font-weight: 400;">“One of the things we see from markets is they’re expecting &#8230; these really large tariffs on every single country,” Kevin Hassett, Trump’s National Economic Council director, <a href="https://abcnews.go.com/Business/trumps-tariffs-april-2-narrower-previously-threatened-sources/story?id=120091898" target="_blank" rel="noopener">explained</a>. “I think markets need to change their expectations, because it’s not everybody that cheats us on trade, it’s just a few countries and those countries are going to be seeing some tariffs.”</p>
<p style="font-weight: 400;">An administration official said the specific sectors the Trump administration will target will likely not be announced on April 2, The Wall Street Journal<a href="https://www.wsj.com/politics/policy/trump-tariff-reciprocal-deadline-industrial-delay-97508838" target="_blank" rel="noopener"> reported</a>.</p>
<p style="font-weight: 400;">“Targeted nations are expected to be close to those laid out by the U.S. trade representative in a Federal Register notice last month, which directed commenters to focus on nations with trade imbalances with the U.S., like the G-20 nations and Australia, Brazil, Canada, China, the European Union, India, Japan, South Korea, Mexico, Russia, Vietnam and more, said a person with knowledge of the plans,” the Journal added.</p>
<p style="font-weight: 400;">The narrowing of tariffs may bolster consumer confidence that has been languishing recently. On Tuesday morning, the Conference Board announced its Consumer Confidence Index dropped by 7.2 points in March to 92.9.</p>
<p style="font-weight: 400;">“That&#8217;s the fourth consecutive monthly decline, which brings the Index below the relatively narrow range that prevailed since 2022. The #PresentSituation Index fell 3.6 pts to 134.5,” the Conference Board stated. “The #ExpectationsIndex — based on consumers’ short-term outlook for income, business, and labor market conditions — fell 9.6 pts to 65.2.  That&#8217;s well below the threshold of 80 that usually signals a #recession ahead, and #expectations for the future now stand at a 12-year low.”</p>
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
<p lang="en" dir="ltr">The <a href="https://twitter.com/hashtag/ExpectationsIndex?src=hash&amp;ref_src=twsrc%5Etfw">#ExpectationsIndex</a> — based on consumers’ short-term outlook for income, business, and labor market conditions — fell 9.6 pts to 65.2.</p>
<p>That&#39;s well below the threshold of 80 that usually signals a <a href="https://twitter.com/hashtag/recession?src=hash&amp;ref_src=twsrc%5Etfw">#recession</a> ahead, and <a href="https://twitter.com/hashtag/expectations?src=hash&amp;ref_src=twsrc%5Etfw">#expectations</a> for the future now stand at a 12-year low. <a href="https://t.co/VOvOylUMSs">pic.twitter.com/VOvOylUMSs</a></p>
<p>&mdash; The Conference Board (@Conferenceboard) <a href="https://twitter.com/Conferenceboard/status/1904535719936172406?ref_src=twsrc%5Etfw">March 25, 2025</a></p></blockquote>

<script async src="https://www.tiktok.com/embed.js"></script>
<script async src="https://www.instagram.com/embed.js"></script>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

Stock Market Rallies At News That Trump Considering Narrowing Tariffs

House Strikes Rep’s ‘Terrorist’ Jab At Rashida Tlaib — But Her Own Record Tells The Story

Trump Blasts ‘Big Cheating’ In California As Votes Trickle In

California CEO Arrested For Smuggling U.S. Tech To Iran’s Nuclear Program

Fetterman Says There’s One Thing Trump Can’t Afford To Do On Iran

The Chilling Six Seconds Before A Great-Grandmother Was Butchered On A Train

Bernie Sanders Wants To Cripple America’s AI Advantage

News

Consumer confidence

Donald Trump

Stock Market

Tariffs

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Evening Wire: Lebanon Ceasefire Begins & Murder-Suicide Rocks VA | 4.16.26

The Pendragon Cycle

Menu

— News —

Stock Market Rallies At News That Trump Considering Narrowing Tariffs