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Morning Report — Markets brace for another week of tariff roller coaster

In today’s issue:   President Trump’s tariff rollout has world leaders and economists on edge as White House messaging about the levies remains inconsistent. Last week, Trump abruptly delayed most “reciprocal” tariffs while keeping a 10-percent baseline levy and raising tariffs on Chinese goods to 125 percent, prompting backlash from Beijing. Chinese President Xi Jinping warned Monday that protectionism "leads...

Spotlight shifts to Medicaid, a make-or-break issue for Trump

The adoption of the Republicans’ budget bill has thrown a spotlight onto the hot-button issue that could make or break President Trump’s domestic agenda: Medicaid. The massive government health care program is at the heart of the GOP’s plan to slash federal spending in order to trim deficits and make budget space for Trump’s new...

Trump pharma tariff threat raises specter of shortages, price hikes

The pharmaceutical industry is bracing for chaos if President Trump follows through on his threat to impose "a major tariff" on prescription drug imports.   Tariffs would disrupt international supply chains, force companies to decide whether to pass increased costs on to patients and exacerbate existing drug shortages.  The administration wants more drug companies to...

UK urged to align with Trump on China or lose favored status in Washington

A new report warns that the U.S.-UK special relationship could fracture under a second Trump administration unless Britain gets tougher on communist China.

‘Mississippi Musk’: State auditor’s MOGE report finds $400M in government waste

Mississippi state auditor Shad White said the Magnolia State is pursuing its own version of DOGE, finding $400 million in waste.

First on Fox: Republican launches second straight bid to flip Democrat-held Senate seat in key battleground

Former Rep. Mike Rogers, who was the GOP Senate nominee in Michigan, is launching a second straight Republican run for the Senate in the crucial Great Lakes battleground state.

Scoop: GOP group dedicated to electing Republicans at state level spotlights record fundraising haul

The Republican State Leadership Committee, which works to elect GOP lawmakers to legislative and executive offices, is spotlighting what it calls a "record" fundraising haul during the first three months of the year.

Trump’s 13th week in office expected to include tariff negotiation blitz, visit from El Salvador leader

President Donald Trump's 13th week back in the Oval Office is expected to again heavily focus on tariffs after putting a 90-day pause on customized tariffs.

President Trump bids ‘HAPPY EASTER!’ as Christian holiday approaches: ‘We need God’

President Donald Trump declared 'HAPPY EASTER!' in a Truth Social post on Palm Sunday a week ahead of Easter Sunday.

Democrats warn state ‘trigger’ laws could end opioid treatment for thousands if Medicaid sees cuts

A report from the Congressional Joint Economic Committee Minority will be released Monday reportedly showing cuts to Medicaid Expansion funding could endanger medical treatments for drug addiction.

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