Markets Slide, Iran Warning, SOTU Stakes Rising
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Markets Slide, Iran Warning, SOTU Stakes Rising
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- Markets Drop as Tariff Uncertainty Grows: Stocks fell nearly 2% as President Trump's 15% global tariff policy fuels economic uncertainty. The EU is reconsidering a trade deal, while Middle East tensions and AI disruption add pressure to the markets.
- Joint Chiefs Chairman Urges Caution on Iran: General Caine, Chairman of the Joint Chiefs of Staff, reportedly warns against a prolonged military campaign in Iran, citing risks to American lives and strained weapons stockpiles.
- Rock Bottom Approval Among Independents: Ahead of the State of the Union, the president faces low approval from independents, largely driven by economic concerns — though Republicans still lead Democrats on immigration and crime.
- Hockey Teams and Bipartisanship at the State of the Union: House leadership hopes to bring the U.S. men's and women's Olympic hockey teams to the State of the Union as a rare show of unity in a deeply divided political climate.
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