US markets suffered their worst day of 2025 as the Dow plunged over 1,000 points after Trump refused to rule out a recession while defending his tariff strategy. The economic selloff intensified when Canada's new Prime Minister Mark Carney took immediate aim at Trump's policies, followed by Ontario imposing a 25% surcharge on electricity exports to the US.
Trump signaled an end to the Ukraine intelligence freeze that had devastated Kyiv's position in Kursk region over the weekend, with Zelenskyy reportedly sending an apologetic letter. Meanwhile, immigration enforcement controversies escalated after ICE arrested a Palestinian green card holder who led Columbia University protests, prompting a federal judge to temporarily block his deportation by evening.
The administration's restructuring continued as Rubio announced cancellation of 83% of USAID programs, while numerous federal agencies offered buyouts to employees. Social platform X experienced outages attributed to a "massive cyberattack" claimed by pro-Hamas groups.