Next week is Holy Week! Good….. we certainly need at least one week dedicated to God’s work.
In the meantime, prep your heart for the most spiritually significant anniversary ever by checking out Desiring God’s Holy Week Devotional. One Week to Save the World is an 8-day journey through Jesus’s final days, with short, daily devos (just 7-8 minutes) to help you reflect on Christ’s sacrifice and victory.
On Wednesday, President Trump announced a 90-day pause––during which, most countries will face a “substantially lowered reciprocal tariff” of 10%.
The White House pitched the move as the “art of the deal” in action, saying it has kick-started trade negotiations with dozens of countries. China, notably, isn’t one of them. Trump further hiked Chinese tariffs to a cumulative 145%, citing the “lack of respect that China has shown to the world’s markets.” Earlier Wednesday, China announced 84% retaliatory duties on American imports.
It’s led to an (extra) wild week on Wall Street.
Following the pause, the S&P 500 rose 9.5%—its third-largest single-day gain since WWII—and the Nasdaq climbed 12%, nearly erasing a week of losses. But… markets gave up some of those gains yesterday, with the S&P falling 3.5%.
“For you know the grace of our Lord Jesus Christ: Though he was rich, for your sake he became poor, so that by his poverty you might become rich.”
2 Corinthians 8:9 (CSB)