President Donald Trump’s tariffs stun the world and cause a stock market selloff, but his team is standing strong. Defense Secretary Pete Hegseth announces the end of different military standards for men and women. And Colorado’s Democrat-run legislature moves to make the state a “transgender sanctuary.”
It’s Friday, April 4, and this is the news you need to know to start your day. If you’d rather listen to your news, today’s edition of the Morning Wire podcast can be heard below:
“Liberation Day” Tariff Fallout

(Photo by BRENDAN SMIALOWSKI/AFP via Getty Images)
Topline: As promised, Donald Trump reset the global economy this week with unprecedented tariffs — now foreign leaders, markets, and businesses are racing to react.
For decades, presidents in both parties have almost universally embraced free trade policies and kept tariffs at a minimum. Trump’s…