Trump Tariffs, California Earthquake, Meta Antitrust Trial & More | CBS News 24/7

Market Reactions to Tariff Policy

• 📈 Wall Street saw gains as President Trump indicated flexibility on tariffs, particularly for automakers and tech companies like Apple.
• 💡 The White House announced an exemption for smartphones and computers from tariffs on China, leading to a rally in related stocks.
• ⚠️ Despite positive market movements, analysts noted lingering uncertainty due to the constantly changing tariff landscape.
• 📊 A CBS News poll revealed that 75% of Americans are concerned about tariffs raising prices, with a significant portion feeling Trump's policies are making them financially worse off.

Nvidia's US Manufacturing Plans

• 🚀 Nvidia announced plans to invest $500 billion over four years to bring AI infrastructure to the US, including fully manufacturing AI supercomputers domestically.
• 🏭 This move is touted as an example of how tariffs can incentivize companies to relocate manufacturing to the United States.

El Salvador Partnership and Deportation Case

• 🤝 President Trump hosted El Salvador's President Nayib Bukele, highlighting a partnership critical to the administration's deportation operations.
• ⚖️ A Supreme Court ruling affirmed that the US cannot be compelled to forcibly retrieve a citizen from El Salvador, impacting the case of Kilmar Abrego Garcia, accused of MS-13 affiliation.
• 🏛️ The Trump administration is exploring the possibility of sending violent American criminals to El Salvador's prisons, raising constitutional and civil liberties questions.

Southern California Earthquake

• ⚡ A magnitude 5.2 earthquake struck San Diego County near Julian, California, with tremors felt dozens of miles away.
• 🏠 Video captured a mother grabbing her baby and fleeing during the shaking, while reports indicated cracks in walls and ceilings in affected areas.
• 🛤️ Service was suspended on the Orange County train line as a precaution due to potential debris on the tracks.

Meta's Antitrust Trial

• ⚖️ Meta, the parent company of Facebook, Instagram, and WhatsApp, is facing an antitrust trial brought by the FTC, which seeks to break up the company.
• 📱 The government argues Meta illegally bought competitors like Instagram and WhatsApp instead of competing, while Meta contends these acquisitions were necessary for survival against rivals like TikTok.
• 🎤 Mark Zuckerberg testified, with his past engagement with the Trump administration noted as a potential factor in the case.

Space Tourism and Blue Origin Flight

• 👩‍🚀 Blue Origin's Shepard spacecraft successfully launched an all-female crew, including CBS's Gail King, into space for a four-minute experience in microgravity.
• 🌌 The event is seen as a significant step in the space tourism industry, though the high price tag remains a barrier to accessibility.

Other News Briefs

• ✈️ A company involved in a deadly helicopter crash on the Hudson River is shutting down operations, and the FAA is reviewing its license.
• ✈️ Six people, including former NCAA Woman of the Year Karetta Grath, died in a small plane crash near Albany, New York.
• ☢️ A study suggests 103,000 radiation-induced cancers may result from CT exams performed in 2023, raising concerns about unnecessary scans.
• 🧑‍⚕️ A Stanford professor with terminal lung cancer is teaching a class on dying from cancer, sharing his real-time battle and ethical considerations.
• 🏛️ Protesters in Nashville, Tennessee, opposed a bill that would allow school districts to unenroll undocumented students or charge them tuition, challenging the Plyler v. Doe Supreme Court ruling.
• 🇺🇸 A teenager in Wisconsin is charged with killing his parents and allegedly planned to assassinate President Trump and overthrow the government, influenced by extremist ideology.
• 🔥 A man was charged with arson for setting fire to the governor's mansion in Pennsylvania, with the suspect reportedly harboring hatred towards Governor Shapiro.
• 💥 The Justice Department criminally charged a man in connection with arson attacks at a Tesla dealership and the New Mexico Republican Party headquarters.
• 🇺🇦 Russia launched a deadly missile strike on Ukraine, with President Zelenskyy calling for a global response and inviting President Trump to witness the destruction.
• ⛳ Rory McIlroy won the Masters in a playoff, achieving a career grand slam in golf.