Wednesday, March 12th, 2025 - Gov’t shutdown, market crash & Tesla updates; Ukraine ceasefire; Duterte arrested; Mel Gibson scandal

Today’s Headlines: Stock market turmoil continues as Trump’s tariff moves rattle investors, with the Dow dropping over 450 points. Meanwhile, Tesla struggles, prompting Trump to host a bizarre White House sales pitch for the brand. The House passed a spending bill to avoid a government shutdown, but its fate in the Senate is uncertain. The Education Department begins mass layoffs as part of a broader plan to dismantle the agency, while the Agriculture Department axes local food programs for schools. In foreign affairs, Ukraine and Russia have agreed to a temporary ceasefire, leading the U.S. to resume intelligence sharing. The Philippines arrested former President Rodrigo Duterte, extraditing him to The Hague on charges of crimes against humanity. And in Washington, the Justice Department’s pardon attorney was fired after refusing to restore Mel Gibson’s gun rights following his domestic violence conviction.

Resources/Articles mentioned in this episode:

• AP News: Trump halts doubling of tariffs on Canadian metals after Ontario suspends electricity price hikes
• NBC News: Trump turns the White House lawn into a Tesla showroom
• AP News: House passes bill to fund federal agencies through September — Senate prospects unclear
• AP News: Education Department cuts half its staff as Trump vows to wind the agency down
• Politico: USDA cancels $1B in local food purchasing for schools, food banks
• NBC News: U.S. to restart intelligence sharing and security assistance to Ukraine
• AP News: Philippine's ex-President Rodrigo Duterte arrested on ICC warrant
• NY Times: Justice Dept. Official Says She Was Fired After Opposing Restoring Mel Gibson’s Gun Rights 

Morning Announcements is produced by Sami Sage alongside Bridget Schwartz and edited by Grace Hernandez-Johnson

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