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President Trump's Tariff Policies Cause Market Turmoil

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On April 4, 2025, President Donald Trump’s aggressive tariff policies sent shockwaves through global financial markets, triggering widespread turmoil and stoking fears of an economic downturn. The administration’s decision to impose sweeping tariffs—ranging from a 10% baseline on all imports to targeted rates as high as 50% on key trading partners like China, Canada, and Mexico—marked a dramatic escalation in Trump’s long-standing pledge to reshape U.S. trade. While the president touts these measures as a means to boost domestic manufacturing and reduce the $1.2 trillion goods trade deficit, the immediate fallout has been a steep market sell-off, with the S&P 500 plunging nearly 5% in a single day, its worst performance since June 2020. The tariffs, unveiled in a White House address, aim to retaliate against perceived trade imbalances and practices like currency manipulation. Trump argues they will force companies to relocate production to the U.S., creating jobs and strengthenin...
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J&K Weather: Heavy Rain Wreaks Havoc in Ramban, 3 Dead; Valley Schools Shut

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Heavy rain has caused havoc in Jammu and Kashmir's Ramban district, claiming at least three lives. The rains, which intensified late last night, resulted in flash floods and landslides, causing life to be disrupted throughout the valley. Roads have been blocked, houses damaged, and many families left in distress. Rescue efforts have been launched by authorities to assist the affected, with evacuations in some of the worst-affected areas. Local police and National Disaster Response Force (NDRF) teams are collaborating to secure the residents.
As a response to the inclement weather conditions, the administration in Jammu and Kashmir has announced a holiday for schools throughout the Kashmir Valley today. Schools were closed in order to maintain the safety of the students and staff as the rain and the landslides, which have been happening all along, have produced hazardous travel conditions. Parents and locals have been asked to remain indoors and make unnecessary journeys no longer. The rainstorm has brought about general disruption of day-to-day life, most affecting the transportation network. Several roads are impassable because of debris and flooding, making it difficult to bring aid to stricken areas. Power outages have been witnessed in various regions as downed trees and landslides damaged electrical infrastructure. The authorities are still on the lookout and weather reports indicate that the rains may continue for a few days more, threatening further damage. Emergency services remain on high alert, and the public is recommended to exercise restraint as the region struggles to pick up the pieces from the cyclone.

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