Tony Katz and the Morning News 1st Hr 4/10/25: Market rally on tariff pause, House not voting on Trump tax cut, Iran, Tostitos recall, The property tax compromise

Tony Katz and the Morning News 1st Hr  

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1. The market rally and the tariff pause

The market rally and the tariff pause – https://nypost.com/2025/04/09/us-news/trump-pauses-tariff-hikes-for-90-days-against-most-countries-hikes-china-rate-to-125/

….this is what America will take away from Trump’s move – https://www.wsj.com/world/china/china-trump-trade-tariff-war-98676e74?mod=WSJ_home_supertopperbottom_pos_2

….”Do not retaliate. You will be rewarded.” – https://www.cnbc.com/2025/04/09/trump-tariffs-live-updates.html

2. Looks like the trade war was all about China

3. House not voting on Trump tax cuts. Yet.

House not voting on Trump tax cuts. Yet. – https://www.newsnationnow.com/politics/johnson-scraps-vote-on-trump-budget-blueprint-in-face-of-conservative-opposition/

….and this is just nonsense. Elizabeth Warren must be thrilled – https://www.washingtontimes.com/news/2025/apr/9/republicans-mull-higher-taxes-wealthiest-americans-pay-cuts/

….but they are moving on activist judges – https://www.foxnews.com/politics/trump-backed-bill-stop-rogue-judges-passes-house

4. Trump, Iran and force

Trump, Iran and force – https://www.newsmax.com/politics/iran-nuclear/2025/04/09/id/1206323/

Satellite image shows US aircraft carrier USS Carl Vinson nearing Iran 

5. Frito-Lay Tostitos chip recall upgraded to highest risk level — consumption ‘could cause death’

6. The property tax compromise

The property tax compromise – https://www.ibj.com/articles/house-increases-homeowner-relief-in-property-tax-compromise-with-braun?utm_source=ibj&utm_medium=home-latest-news

….vote coming Thursday – https://wibc.com/600032/final-vote-on-the-property-tax-bill-expected-thursday/