Trump live updates: US stocks plunge day after historic soar in response to president’s 90-day tariffs pause – UK Times

President Donald Trump on Thursday expressed continued optimism that his unprovoked trade war would bear fruit for American industries even as he acknowledged some negative consequences to financial markets in the near term.

Speaking at the outset of a cabinet meeting, Trump said he and his cabinet had been “talking about a lot of different things” and touted recent economic indicators showing inflation and interest rates on a downward trajectory.

He also described the turmoil in stock and bond markets that led to his abrupt decision to reverse massive increases in import taxes from nearly every country in the world as “a big day,” highlighting the record stock market gains in the hours after he announced the move.

While she has not submitted the required paperwork, she has been making calls to say farewell to colleagues.

A top U.S. official told the network that the reason for the upcoming resignation was partly because of personal reasons and partly because of policy concerns, such as the USAID cuts.

Brink is serving in Kyiv, a war zone, without her family, as the Ukrainian capital has been designated as an unaccompanied posting.

Six people have been arrested after Greenpeace activists poured hundreds of litres of blood-red dye into the US embassy’s pond in protest against arms sales to Israel.

Greenpeace UK said 12 activists tipped 300 litres of “non-toxic, biodegradable dye from containers emblazoned with the words Stop Arming Israel” into the pond in front of the embassy building in Nine Elms, south-west London, on Thursday.

The Metropolitan Police said six people had been arrested on suspicion of criminal damage and conspiracy to cause criminal damage.

Steffie Banatvala writes:

A US ballerina jailed for 12 years in Russia after donating $51 to a charity supporting Ukraine has been freed.

On Thursday, Secretary of State Marco Rubio confirmed she had been released and was on a plane home to the U.S. in a post on X.

He signed an executive order on Wednesday that would maintain “acceptable pressure in showerheads” and combat “the Obama-Biden war on showers.” The order targets Biden-era regulation that restricts the number of gallons of water per minute that flow through the hardware and other appliances.

“What you do is you end up washing your hands five times longer, so it’s the same water,’’ he added. “And we’re going to open it up so that people can live.”

On the same day a Delaware judge ruled that MAGA cable channel Newsmax had made false and defamatory statements about Dominion Voting Systems following the 2020 election, President Donald Trump signed an executive order targeting the law firm representing the voting software firm.

Having already helped Dominion grab a landmark $787.5 million settlement from Fox News over its election lies, Susman Godfrey is just the latest firm singled out for punishment by the president for assisting or employing Trump’s political rivals.