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Trump updates: US president vows to revive ‘ abandoned’ coal industry

These are the updates for Tuesday, April 8, 2025, as the markets decline amid concerns over Trump’s tariffs.

Donald Trump flexes his arm in front of an audience of coal miners in the White House.
Video Duration 27 minutes 35 seconds play-arrow27:35

Could US tariffs cause lasting damage to the global economy?

By Maziar Motamedi and Ali Harb
Published On 8 Apr 20258 Apr 2025

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This live page is now closed. You can continue to follow our coverage of Trump’s tariffs here. 

  • President Donald Trump has signed an executive order to usher in new investments for the United States coal industry in an effort to “double the energy” available to the country.
  • US stocks dove following another stunning reversal, with Wall Street veering from a huge gain at the opening of trading to more losses at the close,
  • China has pledged to “fight to the end” if there is a trade war, after Trump threatened to further increase tariffs if Beijing does not withdraw retaliatory levies of 34 percent on US goods.
  • In a social media post, Trump said the US was waiting for China’s call to make a deal, and the White House indicated that he would not waver in his negotiations. “ President Trump has a spine of steel, and he will not break,” said spokeswoman Karoline Leavitt.
  • live-orange
    8 Apr 2025 - 22:45
     (22:45 GMT)

    Thank you for joining us

    This live page is now closed. Thank you for joining Al Jazeera for coverage of day 79 of President Donald Trump’s second term.

    Read more here about how the US calculated its tariffs against other countries.

    Also, go inside the back-and-forth statements between the US and China over tariffs, here.

    And follow our broader coverage of the Trump administration here.

    Donald Trump speaks in front of rows of coal miners.
    Trump speaks during an event on energy production on April 8 [Alex Brandon/AP Photo]
  • live-orange
    8 Apr 2025 - 22:40
     (22:40 GMT)

    Here’s what happened today

    This live page is closing soon. Here’s a recap of today’s main events:

    • China has voiced defiance against the US’s imposition of tariffs against its imports, pledging to defend its interests and “fight to the end” if Washington does not change course.
    • Donald Trump has said he is waiting for a call from China to make a deal.
    • But White House Press Secretary Karoline Leavitt struck a more combative tone, saying that the US president “has a spine of steel, and he will not break”.
    • Trump has signed an executive order to boost the US coal industry, including by loosening environmental regulations and opening federal lands for mining.
    • Global markets have fluctuated amid a short-lived hope of Trump delaying or scrapping his tariff plans.
    • US officials have confirmed that additional tariffs on countries across the world will kick in on Wednesday, stressing that no exemptions will be granted immediately.
    • Canada has said its own retaliatory tariffs against the US will also take effect after midnight.
    • Trump aides have stressed that dozens of countries contacted the US for trade talks, touting the prospect of bilateral deals as an early achievement of Washington’s trade policies.
  • live-orange
    8 Apr 2025 - 22:30
     (22:30 GMT)
    Analysis

    A bumpy day on Wall Street

    By Kristen Saloomey

    Reporting from New York City

    It’s another day of extreme volatility on Wall Street.

    The Dow Jones Industrial Average, the S&P 500 and the Nasdaq stock indexes all closed 1-2 percent lower.

    It was the fourth day in a row that they were all in negative territory, as investors brace for the imposition of even higher tariff rates in the next 24 hours. That, on top of the 10-percent baseline rate that kicked in over the weekend.

    Earlier on Tuesday, it was a different story. The markets actually surged into positive territory for a bit, as investors seemed to get their hopes up that some break – some deals – might be possible to lower these rates in some instances. The Dow Jones, at one point, was up almost 4 percent, but those hopes were short-lived.

    The White House confirmed that Chinese tariffs totalling 104 percent would kick in during the next 24 hours. That sent the markets back down again.

    One example of a stock that’s caught in the crossfire would be Apple, the iPhone maker. It’s heavily dependent on trade with China. Their stocks were down 5 percent today and 22 percent over the last four days — some of the worst losses the company has seen in a long time.

    Investors watch stock screens.
    Trump speaks on a television screen on the floor of the New York Stock Exchange in New York on April 8 [Seth Wenig/AP Photo]
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  • live-orange
    8 Apr 2025 - 22:15
     (22:15 GMT)

    Employing Americans to build iPhones? A question facing Trump

    This month’s tariffs have spurred concerns that technology prices could shoot upwards, making products like Apple’s iPhones increasingly unaffordable.

    Trump and his officials have sought to downplay those concerns, however.

    Over the weekend, Commerce Secretary Howard Lutnick said that the “tradecraft of America” would take over iPhone production.

    “The army of millions and millions of human beings screwing in little screws to make iPhones — that kind of thing is going to come to America,” Lutnick said.

    The White House faced questions about those comments on Tuesday, with Press Secretary Karoline Leavitt confirming that Trump would like to see iPhones built in the US.

    “Absolutely. He believes we have the labour, we have the workforce, we have the resources to do it,” she said.

    But at an event with coal miners later at the White House, Trump seemed to cast doubt on the idea that the US’s blue-collar workers would thrive in such jobs.

    He accused his 2016 Democratic opponent, Hillary Clinton, of trying to push tech jobs on coal miners.

    “She was talking about  how bad coal was and how they were going to teach coal miners how to make widgets and gadgets and technology, which they didn’t want to do. They want to mine,” Trump said.

    “One thing I learned about the coal miners – that’s what they want to do. You could give them a penthouse on Fifth Avenue and a different kind of a job, and they’d be unhappy. They want to mine coal. That’s what they love to do. And she was going to put them in a high-tech industry where you make little cell phones.”

    Donald Trump greets coal miners at the White House
    Trump signs a coal industry worker’s Make America Great Again (MAGA) hard hat at the White House on April 8 [Nathan Howard/Reuters]
  • live-orange
    8 Apr 2025 - 22:00
     (22:00 GMT)

    US stocks: S&P 500 hits lowest close in almost a year

    The S&P 500 has sold off sharply to close below 5,000 points for the first time in almost a year after it reversed a strong morning rally, while investor hopes faded for any imminent US delays or concessions on tariffs ahead of a midnight deadline.

    The benchmark index, which fell 1.6 percent on Tuesday, has lost $5.8 trillion in market value since US President Donald Trump unveiled hefty global tariffs against US trading partners late on Wednesday. This represented more than 12 percent for its biggest four-day percentage decline since the coronavirus pandemic, according to LSEG data.

    The S&P had risen more than 4 percent earlier on Tuesday as investors had hoped that Trump would soften his stance or postpone an April 9 deadline for tariffs.

    But White House press secretary Karoline Leavitt said Trump expects tariffs will go into effect even though she said nearly 70 countries reached out looking to begin negotiations to reduce the impact of US trade policies.

    Market participants “were optimistic this morning that we would get some sort of sign that we’re moving closer to a deal or a compromise with some of these bigger countries or that there would be a delay coming given that so many people wanted to negotiate”, said Lindsey Bell, chief market strategist at Clearnomics in New York.

    “That doesn’t seem to necessarily be the case as we are quickly approaching the midnight deadline and investors are losing confidence.”

  • live-orange
    8 Apr 2025 - 21:45
     (21:45 GMT)

    US Senate votes to advance Trump’s Israel envoy

    The Senate has pushed forward the nomination of Mike Huckabee, setting him up for a final confirmation vote to be the US ambassador to Israel.

    Huckabee has been facing strong opposition over his anti-Palestinian statements, including claiming that the West Bank is not occupied.

    The Senate voted 53 to 46 along party lines to advance Huckabee’s nomination, with the staunchly pro-Israel lawmaker John Fetterman becoming the sole Democrat to join the Republican majority.

    It was expected earlier that the final confirmation vote would take place today, but with the legislative day coming to an end, it is unclear when that will happen.

    🚨 Today, senators are voting on the confirmation of right-wing, fanatical Mike Huckabee as Ambassador to Israel.

    Huckabee’s embrace of annexation and extremist settlers makes him unfit for the role. Nothing gets an official's attention like a direct call. Here's a script: 1/5

    — J Street (@jstreetdotorg) April 8, 2025

  • live-orange
    8 Apr 2025 - 21:30
     (21:30 GMT)

    What is the ‘clean coal’ Trump keeps promising?

    In introducing his executive action to spur the coal-mining industry, Trump veered briefly into a question of branding.

    “ I call it beautiful clean coal. I told my people, ‘Never use the word coal unless you put ‘beautiful, clean’ before it,'” Trump told his audience in the White House.

    “ So, we call it beautiful, clean coal. Beautiful, clean coal!”

    Experts say the phrase “clean coal” largely came from mining lobbyists, who sought to deflect concerns that coal is one of the most polluting forms of energy production.

    The term is vague, and Trump has avoided defining what precisely he means by “clean coal”. But generally speaking, “clean coal” enterprises attempt to use technology to capture carbon emissions and store them underground, so as to avoid contributing to climate change.

    However, even with such measures, critics warn that coal is still far more harmful to the environment and public safety than alternatives like natural gas or nuclear power.

    Trump holds up an executive order to streamline coal mining
    EPA Administrator Lee Zeldin, Secretary of Energy Chris Wright and Secretary of the Interior Doug Burgum stand behind Trump as he holds an energy-related executive order [Nathan Howard/Reuters]
  • live-orange
    8 Apr 2025 - 21:20
     (21:20 GMT)

    Trump makes continued jabs at Biden’s age

    During his first term, Trump, now 78, faced questions about his age and mental health.

    But as Trump ran in the 2020 and 2024 presidential elections, he deployed a similar criticism against his Democratic rival, Joe Biden.

    Concerns about Biden’s health ultimately forced him from the 2024 race, despite his incumbency in the White House.

    Speaking at an event to promote the coal industry on Tuesday, Trump continued to take jabs at Biden’s fitness for office, spurred on by a recent exposé about his health.

    Author Chris Whipple released a book this year – Uncharted: How Trump Beat Biden, Harris, and the Odds in the Wildest Campaign in History – arguing that Biden’s inner circle was in denial about his declining health.

    Looking at his notes, Trump noted that he could not speak about coal mining without mentioning West Virginia, which he said had been left off the document.

    “Do you think Joe Biden would’ve picked that up? I don’t think so. ‘Geez, I didn’t mention West Virginia.’ I don’t think so. I don’t think he’d be standing up here either,” Trump said in his latest dig at Biden.

    A view through golden doors of Trump's coal event at the White House
    Trump speaks next to coal industry workers on April 8 [Nathan Howard/Reuters]
  • live-orange
    8 Apr 2025 - 21:13
     (21:13 GMT)
    Houthi

    Judge orders White House to lift restrictions on AP access

    A US judge has ordered the White House to lift restrictions imposed on the Associated Press news agency on access to Trump’s official events.

    “If the Government opens its doors to some journalists — be it to the Oval Office, the East Room, or elsewhere – it cannot then shut those doors to other journalists because of their viewpoints,” Judge Trevor McFadden said.

    AP journalists and photographers have been barred from the Oval Office and from travelling on Air Force One since February 11 because of the outlet’s decision not to refer to the “Gulf of Mexico” as the “Gulf of America” as decreed by Trump.

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  • live-orange
    8 Apr 2025 - 21:10
     (21:10 GMT)

    Trump mocks concerns over climate change

    The US president, who has long dismissed climate change as a “hoax”, has mocked scientists and politicians who have been warming about the rise in global temperatures.

    “You don’t have to worry about: ‘The air is getting warmer. The ocean will rise one-quarter of an inch within the next 500 to 600 years, giving you a little bit more waterfront property,” he said.

    The UN has dubbed climate change the “defining issue of our time”.

    A 2024 UN report found that sea levels are rising at an unprecedented rate due to “human-induced global warming”.

    “It can pose major risks to the safety, security, and sustainability of many lowlying islands, populous coastal megacities, large tropical agricultural deltas, and Arctic communities,” the report said of the rising waters.

    In recent years, the US has seen an increase in deadly natural catastrophes, including heatwaves, wildfires and hurricanes, which scientists have linked to climate change.

  • live-orange
    8 Apr 2025 - 21:00
     (21:00 GMT)

    Trump to use targeted law firms to streamline energy push

    Since taking office for his second term, Trump has threatened major law firms with executive orders that would strip them of the security clearances needed for sensitive work — and bar their personnel from entering federal buildings like courts.

    To avoid such punishments, several law firms have cut deals, each offering anywhere from $40m to $100m in pro bono legal services to causes of Trump’s choice.

    On Tuesday, at an event to promote the coal mining industry, Trump indicated a way he plans to use those services.

    “Have you noticed that lots of law firms have been signing up with Trump?” he asked.

    He then told the energy executives in the room that they could expect assistance from those firms.

    “We’ll use some of those people, some of those great firms,” he said. “We’re going use some of those firms to work with you on your leasing and your other things.”

    He also hinted that the law firms in question had done something wrong, though critics say they did little more than represent causes and Democratic lawmakers Trump disagreed with.

    “They give you a hundred million, and then they announce that, ‘But we have done nothing wrong.’ And I agree they’ve done nothing wrong. But what the hell? They give me a lot of money considering they’ve done nothing wrong,” Trump said to chuckles.

    To read more about the executive orders facing the law firms, check out our coverage here.

    Donald Trump speaks at a podium in the White House, surrounded by coal workers.
    Trump speaks next to coal industry workers on April 8 [Leah Millis/Reuters]
  • live-orange
    8 Apr 2025 - 20:50
     (20:50 GMT)

    Trump says US taking in $2bn a day from tariffs

    Without providing details, Trump says US tariffs are bringing in $2bn per day.

    He added that his government was making “tailored deals” with trading partners after Washington imposed punishing tariffs based on trade imbalances with countries around the world.

    “We’re doing very well and making – I call them tailored deals, not off the rack. These are tailored, highly tailored deals,” Trump said. “Right now, Japan is flying here to make a deal. South Korea is flying here to make a deal. And others are flying here.”

  • live-orange
    8 Apr 2025 - 20:40
     (20:40 GMT)

    Trump touts coal as ‘the best’ at White House event

    Trump has touted coal as playing an integral part in the future of the US energy sector at a White House event on Tuesday.

    “This is a very important day to me, because we’re bringing back an industry that was abandoned, despite the fact that it was just about the best — certainly the best in terms of power, real power,” he said.

    He added that he planned to boost energy output. “ We need more than double the energy, the electricity that we currently have.”

    Donald Trump walks down a red carpet in the White House.
    US President Donald Trump walks to the coal-mining event on April 8 [Leah Millis/Reuters]
    Donald Trump greets the coal workers lined up behind his podium.
    Trump greets the coal miners lined up behind his podium [Leah Millis/Reuters]
    Coal miners listen to Trump speak.
    A coal industry worker wears a Make America Great Again (MAGA) hard hat [Leah Millis/Reuters]
  • live-orange
    8 Apr 2025 - 20:30
     (20:30 GMT)
    Developing

    Trump vows to ‘turbo-charge’ US coal industry

    The US president is signing an executive order that he said will slash regulations on the coal industry, “rapidly expedite leases for coal mining on federal lands” and streamline permitting for new mines.

    He also said the order will invoke the Defense Production Act, which gives the president broad authority over industries related to national security during an emergency.

    That, he said, would allow him to “turbo-charge coal mining in America”.

    Trump also bemoaned his Democratic rivals’ environmental regulations, saying that they aimed to kill coal mining.

    Trump
    US President Donald Trump at an energy production event at the White House on April 8 [Alex Brandon/AP Photo]
  • live-orange
    8 Apr 2025 - 20:20
     (20:20 GMT)

    Risk of recession is ‘very, very real’

    Michael Strain — the director of economic policy studies at the American Enterprise Institute (AEI), a conservative think tank — says that Trump’s tariffs will hike prices and hurt exports, leading businesses and consumers to curb their spending.

    “The risk of recession from the policies the president announced is very, very real,” Strain told Al Jazeera’s the Bottom Line programme.

    A recession is a significant decline in transactions across broad sectors of the economy.

  • live-orange
    8 Apr 2025 - 20:10
     (20:10 GMT)

    Cocoa prices dip to five-month low

    Since Trump announced this month’s two-tiered tariff scheme, prices for goods like cocoa have been on a downward slide.

    Today, cocoa prices hit a five-month low. The industry has been rocked by fears that Trump’s tariffs could increase consumer prices and thereby dampen demand.

    Cocoa is made from cacao beans, and countries like the Ivory Coast have been particularly hard hit: It faces a 21-percent “reciprocal tariff” from Trump.

    Other main sources of cacao, like Ecuador, face the baseline 10-percent tariff Trump has imposed across the board.

  • live-orange
    8 Apr 2025 - 20:00
     (20:00 GMT)

    What’s the link between coal and AI?

    Coal has long been seen as a declining energy source — soon to be of the past — due to the pollution it produces, amid the rise of reliable, cleaner alternatives.

    Artificial intelligence (AI), meanwhile, is seen as the future of cutting-edge technology.

    Trump is linking the two. Later this afternoon, the US president is expected to sign an order to boost coal plants to answer the growing energy demands of AI and other technologies.

    According to the US Energy Information Administration, burning coal emits numerous harmful gases for humans, including sulfur dioxide, “which contributes to acid rain and respiratory illnesses”.

    It also produces carbon dioxide, the main greenhouse gas fuelling climate change.

    Coal plant
    A coal preparation plant outside of Welch, West Virginia, the US, on March 16 [File: Evelyn Hockstein/Reuters]
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  • live-orange
    8 Apr 2025 - 19:48
     (19:48 GMT)

    Canada’s retaliatory tariffs against US will kick in after midnight: PM

    Prime Minister Mark Carney says Canada’s 25 percent tariffs on US cars that are not compliant with the free trade agreement between the two countries will come into effect at 12:01 Eastern Time (4:01 GMT).

    “President Trump caused this trade crisis — and Canada is responding with purpose and with force,” the Canadian PM wrote in a social media post.

    At 12:01 EDT tonight, Canada’s counter-tariffs will come into force.

    There will be 25% tariffs on all non-CUSMA-compliant vehicles from the U.S., and 25% tariffs on the contents of CUSMA-compliant vehicles that are not from Canada or Mexico.

    President Trump caused this trade…

    — Mark Carney (@MarkJCarney) April 8, 2025

  • live-orange
    8 Apr 2025 - 19:40
     (19:40 GMT)

    Congress debates how Trump spending cuts will affect low-income grocery benefits

    Democrats in Congress have raised concerns that proposed spending cuts would whittle away funding for the Supplemental Nutrition Assistance Program (SNAP), sometimes known as food stamps.

    As part of the US Department of Agriculture, SNAP provides benefits to low-income households so they can buy essential groceries.

    But with Republicans in the House of Representatives pushing a $230bn cut to agriculture spending, Democrats fear programmes like SNAP could disappear.

    They also warned that cutting SNAP would essentially cut consumer spending on farm products.

    “This cut would slash farm revenue by approximately $30bn on top of the markets they’re losing because of the dumbest trade war in history,” Democratic Congresswoman Angie Craig said.

    The Republican chairman on the House Agriculture Committee, Glenn “GT” Thompson, said he would aim to preserve SNAP while tightening requirements for recipients.

    “We must preserve benefits for those truly in need but also ensure that SNAP guides participants to independence and self-sufficiency,” Thompson said.

    But Democrats argued that reducing SNAP eligibility is tantamount to a cut in the programme.

  • live-orange
    8 Apr 2025 - 19:30
     (19:30 GMT)
    Analysis

    A deep dive into today’s tariff-heavy White House news briefing

    By Shihab Rattansi

    Reporting from the White House

    This is the fundamental problem that Karoline Leavitt was trying to explain away at today’s press briefing: What is the underlying philosophy – the purpose – of these tariffs, of this trade war?

    On the one hand, you have Donald Trump and various trade advisers saying this is about a long-term policy of reshoring an industry, bringing factories back to the United States and of revenue generation.

    Karoline Leavitt said it there: They expect trillions of dollars of revenue to be brought in through the tariffs. And in some ways, that’s in part to offset the huge income tax cuts we’re expecting for the rich, to be extended by the Trump administration.

    So that suggests then that this is the new financial, economic, developmental architecture of the United States moving forward for the long term.

    Yet, at the same time, there’s a great deal of market turmoil clearly at the moment. And we know that there are elements in the administration saying, “Look, can you talk about the endgame?”

    So now they’re saying, well, there is an endgame and that individual countries can negotiate out of these tariffs if they make a deal, and we can have a tailor-made trade deal with each individual country.

    But what happens then to the long-term industrial policy and all that revenue that they’re supposed to be getting? Because if you are, again, negotiating away the tariffs, then you don’t get the factories back and you don’t get all that revenue. So there’s that fundamental disconnect that has been plaguing this for some time.

    Karoline Leavitt speaks behind a podium to a room full of reporters at the White House
    White House Press Secretary Karoline Leavitt speaks with reporters on April 8, 2025 [Alex Brandon/AP Photo]

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