Global Markets Dip After Trump's Tariffs And Virginia Giuffre's Family On The Epstein Files: Morning Rundown

Donald Trump imposes precocious tariff rates arsenic he tries to reshape nan world economy. The family of Virginia Giuffre speaks retired astir nan Epstein lawsuit files. And an ICE recruitment email has immoderate section rule enforcement officials seething. 

Here’s what to cognize today.

Global markets dip arsenic Trump formalizes caller tariffs

President Donald Trump connected Thursday formalized a slew of precocious tariff rates and caller waste and acquisition deals, an escalation that came conscionable hours earlier a self-imposed Aug. 1 deadline.

In a sweeping executive order, Trump made his deals pinch salient trading partners official, including nan European Union, Japan, South Korea, nan United Kingdom and nan Philippines.

This is Morning Rundown, a weekday newsletter to commencement your day. Sign up here to get it successful your inbox.

He besides unilaterally sets rates for partners that did not scope agreements by nan Friday deadline, for illustration Israel, Switzerland and Taiwan. Switzerland’s complaint will beryllium group higher than antecedently threatened, astatine 39%, while Taiwan’s will beryllium group lower, astatine 20%.

President Donald Trump, Treasury Secretary Scott Bessent, and Commerce Secretary Howard Lutnick, successful nan Oval Office of nan White House, connected April 9, 2025.Saul Loeb / AFP - Getty Images file

According to nan order, nan caller duties will not return effect until Aug. 7. Goods shipped by vessel, which relationship for much than half of U.S. imports, will not beryllium affected by nan caller tariff rates until Oct. 5.

The moves efficaciously reset nan world’s waste and acquisition relations, ostensibly to use nan U.S. pinch costly tariff rates not seen successful astir a century. Stock markets crossed nan world dropped early Friday successful consequence to nan upheaval, from humble dips successful nan United Kingdom and Germany to larger falls successful Japan and nan astir dramatic, South Korea, down almost 4% since opening.

Meanwhile Canadian Prime Minister Mark Carney said he was “disappointed” that Trump had decided to hike tariffs from 25% to 35% connected each equipment not covered by nan Canada-U.S.-Mexico waste and acquisition agreement.

Trump told NBC News successful an exclusive interview that it is “too late” for different countries to debar nan rates going successful spot adjacent week. However, he besides said his doorway will ever beryllium unfastened to compelling offers: “It doesn’t mean that personification doesn’t travel on successful 4 weeks and opportunity we tin make immoderate benignant of a deal.”

Earlier Thursday, Trump agreed to a 90-day hold connected talks pinch Mexican President Claudia Sheinbaum. Mexico is nan United States’ largest azygous trading partner.

Amid each nan changes, uncertainty is apt to linger for consumers and businesses. The system will beryllium connected separator until nan tariffs genuinely group in.

Read nan afloat communicative here.

More authorities news:

• Special envoy Steve Witkoff and U.S. Ambassador to Israel Mike Huckabee traveled to Gaza connected Friday to inspect assistance distribution sites. Trump addressed their sojourn Thursday night, telling NBC News’ Garrett Haake, “We want to make judge group get fed.” The president said he was looking guardant to proceeding their study connected nan situation.
• Trump shared his renewal plans for nan White House, including a caller Lincoln bath and a “beautiful” ballroom.
• Elon Musk isn’t done influencing Republican authorities — he’s donating millions to ace PACs up of nan midterms.
• Start stretching: The Presidential Fitness Test is coming back.
• Supreme Court Justice Brett Kavanaugh defended nan court's handling of emergency Trump cases, pushing backmost against nan disapproval that nan justices are failing to explicate themselves.

Virginia Giuffre wanted Epstein files released, family says

The family of Virginia Giuffre, who faced years of maltreatment by Jeffrey Epstein and died by termination earlier this year, wanted nan files related to him released, her family said.

“She had a small spot of dream successful her because it was said that nan files were going to beryllium released,” Amanda Roberts, Giuffre’s sister-in-law, said in an interview pinch NBC News’ Hallie Jackson.

Giuffre “wanted nan nationalist to cognize nan crimes that they had committed,” Roberts added, and had been fighting for this “right up until nan very end.”

The family spoke retired earlier this week, urging Trump not to pardon Epstein co-conspirator Ghislaine Maxwell aft he made comments that Giuffre was “stolen” from nan spa astatine Mar-a-Lago. Trump “invoked” their sister’s name, nan family said, and they made a connection to correspond her wishes.

“She’s not an object; she’s a person,” Sky Roberts, Giuffre’s brother, said done tears. “She’s a mom. She’s a sister. And she was recruited by Maxwell. She wasn’t stolen.”

A pardon would “unwind everything that my sister and each nan survivors fought for,” he said.

Read nan afloat communicative here.

ICE recruitment moves alienate immoderate section rule enforcement leaders

A caller ICE maneuver to aggressively enlistee agents from section rule enforcement is angering immoderate leaders, including sheriffs who support nan Trump administration.

ICE sent a recruitment email to agencies progressive successful their 287(g) program, nether which section agencies partner to thief pinch migration enforcement. The email tries to enlist unit for wide deportation efforts and includes a imaginable $50,000 signing prize arsenic an inducement for joining ICE.

US Immigration and Customs Enforcement agents successful Chicago connected Jan. 26, 2025.Christopher Dilts / Bloomberg via Getty Images

“ICE actively trying to usage our business to enlistee our unit is incorrect and we person expressed our interest to ICE leadership,” nan Pinellas County, Florida, Sheriff’s Office said successful a statement.

Jonathan Thompson, nan executive head and CEO of nan National Sheriffs’ Association, besides addressed nan business successful an question and reply pinch NBC News. “It was bad judgement that will origin an erosion of a narration that has been improving of late,” he said.

Thompson said nan relation has heard from much than a twelve rule enforcement agencies astir nan recruitment emails. He besides said that nan group has not heard from DHS since nan emails were flagged.

“This is inappropriate behaviour of a partner organization,” Thompson said. “We’re each connected nan aforesaid boat. And you conscionable don’t dainty friends aliases partners for illustration this.”

Here’s what other they had to say.

Read All About It

• Kerr County’s emergency coordinator said he was sick and dormant when floods deed Texas.
• A lightning bolt stretched 515 miles and crossed 3 states — a shocking world record.
• New specifications emerged successful nan murder of an Arkansas couple, including nan fishy admitting that he killed nan hikers.
• Justin Timberlake revealed he has been battling Lyme disease.
• The percent of kids who didn’t get their recommended puerility vaccines roseate again past schoolhouse year, CDC information shows.

Staff Pick: Family caregivers interest complete planned Medicaid cuts' impact

ozgurcankaya / Getty Images

Family-oriented societies stress nan contented of helping our elders — parents, grandparents, moreover older siblings if they need. For some, that includes becoming a caretaker for a loved one. As newsman Marina E. Franco writes, this is often a mentally and financially taxing occupation — and pinch incoming cuts to Medicaid, it could get worse.

Franco’s caller article paints a elaborate and sobering image of nan activity and money that goes into being a caregiver, arsenic good arsenic nan demographics of caregivers successful nan United States who trust connected Medicaid to support their families financially. I induce you to publication astir Alma Valencia, what she needs to support her mother, and really it could each spell distant arsenic nan cuts arrive.

– Jennifer Nehrer, platforms intern

NBC Select: Online Shopping, Simplified

Talking Shop is an NBC Select bid successful which nan squad interviews absorbing group astir their astir absorbing buys. We precocious said pinch supermodel Miranda Kerr astir her favourite mascara, nan Oura ring, slumber masks and overmuch more. Plus, NBC Select elder photograph editor Rebecca Delman, a mom of 2 (soon to beryllium three), tested 10 compact strollers. Here are her favorites.

Sign up to The Selection newsletter for hands-on merchandise reviews, master shopping tips and a look astatine nan champion deals and income each week.

Thanks for reference today’s Morning Rundown. Today’s newsletter was curated for you by Kayla Hayempour. If you’re a fan, please nonstop a nexus to your family and friends. They tin motion up here.