Thursday, April 3rd, 2025 - WI SC election; Trump to distance himself from Musk, Tesla sales plunge; Tariffs tank stocks; TikTok sale looms

Today’s Headlines: Wisconsin’s Supreme Court election saw record turnout and spending, with liberal-leaning Judge Susan Crawford defeating Elon Musk-backed Brad Schimel, shifting the court’s balance. Hours later, reports emerged that Trump plans to distance himself from Musk, whose tough week continued as Tesla sales dropped 13%, and shares tumbled 44% since December. Meanwhile, Trump’s new tariffs—hitting China with a 54% effective rate and raising import costs across the board—sent the stock market into a tailspin, disproportionately impacting middle- and low-income Americans. Notably absent from the tariff list: Russia, as a top Putin ally, quietly visited Washington. Elsewhere, Amazon made a surprise bid for TikTok ahead of a looming sale deadline, and NYC Mayor Eric Adams’ corruption case was dismissed. Resources/Articles mentioned in this episode: AP News: Democratic-backed Susan Crawford wins Wisconsin Supreme Court seat, cementing liberal majority Politico: Trump Tells Inner Circle That Musk Will Leave Soon CNN: Tesla sales plunge: Biggest decline in history WA Post: Putin sends powerful economic envoy to court Trump administration Axios: Trump's tariffs list is missing one big country: Russia WSJ: AppLovin and Amazon Emerge as TikTok Bidders Ahead of Trump’s Deadline Axios: Eric Adams' federal corruption case dismissed by judge Morning Announcements is produced by Sami Sage alongside Bridget Schwartz and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices