Billionaire investor Ray Dalio raised red flags about the potential economic fallout from President Trump’s trade policies, warning of a looming severe downturn if not managed effectively. In Los Angeles, a massive anti-Trump rally led by Bernie Sanders and Alexandria Ocasio-Cortez mobilized against authoritarianism and oligarchy. The Trump administration is considering new tariffs on semiconductors, while also deporting alleged gang members to El Salvador.

Amid market fluctuations, a certified public accountant reassured investors about the stock market’s resilience in the face of recent corrections. US stock markets showed signs of a rebound after Trump excluded smartphones and laptops from tariffs, easing concerns about rising costs. Harvard University professors filed a lawsuit challenging the administration’s review of federal grants, alleging an attack on academic freedom.

In Austin, a house explosion prompted investigations, while former LSU receiver Kyren Lacy’s tragic passing saddened many. A fire at Pennsylvania Governor Josh Shapiro’s residence raised suspicions of arson. White House trade advisor Peter Navarro defended Trump’s tariff decisions amidst criticism, as the Masters golf tournament saw a tight race between Rory McIlroy and Bryson DeChambeau.

Michigan Governor Gretchen Whitmer’s presence in the Oval Office alongside Trump garnered attention, while a troubling incident in New York City involving a helicopter crash claimed six lives. A Vanity Fair profile on Gwyneth Paltrow’s business ventures hinted at a corporate shift, and Trump’s commitment to safeguarding key social programs reassured Americans. The SAVE Act’s progress and Trump’s updates on various discussions added to the week’s news highlights.