[Saturday, April 5] US News Headlines from r/politics
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1. ECONOMIC AND TRADE POLICY
1.1 Market Impact and International Response
Trump’s tariff implementation has triggered immediate market consequences, with the S&P 500 losing approximately $5.4 trillion in value over just two days [1] and tech megacaps losing $1.8 trillion in the same period [2]. Major tech leaders face personal wealth reductions exceeding $23 billion each [3]. China has responded with 34% retaliatory levies on U.S. imports [1], particularly targeting American farm goods like soybeans, benefiting Brazilian exporters [4]. Tourism to the United States is reportedly declining [5], while Germany is reportedly considering withdrawing its 1,200-ton gold stockpile from the US in response to tariff policies [6].