The Daily Editor

At the same moment President Donald Trump claimed his universal tariffs were sure to send the stock market rocketing upward, unbeknownst to him, the values of the world’s largest companies were falling off a cliff.

Viewers of CNBC’s broadcast of the president’s so-called “Liberation Day” speech could see this process unfolding live: the network showed the real-time after-hours stock prices for Apple (-4.5 percent),

 » Read more about: Watch Trump Wipe Billions Off Stock Market With Wild ‘Liberation Day’ Speech  »

By JOSH BOAK Associated Press

WASHINGTON (AP) — President Donald Trump announced plans for sweeping tariffs Wednesday, saying “our country has been looted, pillaged, raped, plundered” by other nations.

The aggressive rhetoric came as Trump showed a willingness to dismantle a global economic system that the United States helped to build after World War II.

 » Read more about: Trump launches tariffs, saying global trade has ‘looted, pillaged, raped, plundered’ US economy  »

Starting Thursday, the United States will levy significantly higher tariffs on imports, he declared, a minimum of 10 percent and in some cases higher based on what other countries charge on US products. Goods from the European Union will face a 20 percent tariff and Chinese goods will be hit with a 34 percent tariff.

 » Read more about: Trump is trying to use tariffs to impose his will on the economy. It doesn’t work like that.  »

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Talphera (TLPH – Research Report) and Cardiol Therapeutics (CRDL – Research Report) with bullish sentiments.

Don’t Miss Our End of Quarter Offers:

Talphera (TLPH)

In a report issued on March 31,

 » Read more about: Wall Street Analysts Are Bullish on Top Healthcare Picks  »

• The Dow Jones rose on Tuesday, climbing 250 points as markets digest tariffs.
• The Trump administration laid out widespread “reciprocal” tariffs.
• Tariff package includes 25% tariffs on automobiles and car parts.

The Dow Jones Industrial Average (DJIA) took a step higher in early Tuesday trading,

 » Read more about: Dow Jones holds bullish tilt after Trump tariff unveiling  »

 » Read more about: Why Tesla Stock Is Soaring Today  »

Elon Musk has had a roller coaster of a day.

On Tuesday night, Musk’s favored conservative candidate failed to win a Wisconsin Supreme Court election despite the billionaire and his super PAC dropping at least $15.5 million on the race.

On Wednesday morning, Musk received more bad news. Tesla reported first-quarter deliveries were well below analysts’

 » Read more about: Elon Musk's wild day: A big loss in Wisconsin, awful Tesla numbers, and then a stock surge  »

Tesla released some terrible news about sales this morning, but then a funny thing happened: after an initial crash, its stock started to rise significantly.

Why? Well, it seems a lot like it has to do with a Politico story reporting, per three unnamed insiders,

 » Read more about: Tesla Stock Is Soaring for the Funniest Possible Reason  »

President Donald Trump has favored tariffs for years. His expanding trade war is sure to ripple through the global economy for a long while, too.

That’s because ramping up tariffs on foreign governments frequently draws retaliation — a likelihood that even industries Trump aims to support are already bracing for.

 » Read more about: Trump’s trade war is just getting started  »

 » Read more about: Donald Trump’s beautiful trade war  »