President Donald Trump is set to meet with Israeli Prime Minister Netanyahu at the White House, marking his second visit since January. The leaders will discuss Trump’s new tariffs on Israel, the war with Hamas, and other key issues. The meeting comes as US stocks have been extremely volatile, with the S&P 500 entering bear market territory.

Trump’s trade policies have sparked fears of a global recession, with the European Union offering to scrap tariffs on industrial goods. Meanwhile, Trump has escalated the global trade war, threatening to slap new 50% tariffs on China if Beijing doesn’t remove its 34% retaliatory tariff by Tuesday.

“If China does not withdraw its 34% increase above their already long-term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th,” Trump wrote on Truth Social. This would bring Chinese goods arriving in the US to tariffs of 104%.