By ADRIAN SAINZ, GEORGE WALKER IV and JOHN SEEWER, Associated Press

LAKE CITY, Ark. (AP) — Parts of the Midwest and South faced the possibility of torrential rains and life-threatening flash floods Friday, while many communities were still reeling from tornadoes that destroyed whole neighborhoods and killed at least seven people.

Forecasters warned of catastrophic weather on the way, with round after round of heavy rains expected in the central U.S. through Saturday. Satellite imagery showed thunderstorms lined up like freight trains to take the same tracks over communities in Arkansas, Tennessee and Kentucky, according to the national Weather Prediction Center in Maryland.

The National Weather Service’s Oklahoma-based Storm Prediction Center warned of a moderate risk of severe thunderstorms Friday along a corridor from northeast Texas through Arkansas and into southeast Missouri. That area, which has a population of about 2.3 million, could see clusters of severe thunderstorms in the late afternoon and evening, with the potential for some storms to produce strong to intense tornadoes and very large hail.

Those killed in the initial wave of storms that spawned powerful tornadoes on Wednesday and early Thursday were in Tennessee, Missouri and Indiana. They included a Tennessee man and his teen daughter whose home was destroyed, and a man whose pickup struck downed power lines in Indiana. In Missouri, Garry Moore, who was chief of the Whitewater Fire Protection District, died while likely trying to help a stranded motorist, according to Highway Patrol spokesperson Sgt. Clark Parrott.

Tennessee Gov. Bill Lee said entire neighborhoods in the hard-hit town of Selmer were “completely wiped out” and said it was too early to know whether there were more deaths as searches continued. He warned people across the state to stay vigilant with more severe weather predicted.

Gov. Bill Lee speaks about the storm damage during a news conference Thursday, April 3, 2025, in Selmer, Tenn. (AP Photo/George Walker IV)

“Don’t let your guard down,” he said during a Thursday evening news conference. “Don’t stop watching the weather. Don’t stop preparing yourself. Have a plan.”

With flattened homes behind him, Dakota Woods described seeing the twister come through Selmer.

“I was walking down the street,” Woods said Thursday. “Next thing you know, I look up, the sky is getting black and blacker, and it’s lighting up green lights, and it’s making a formation of a twister or tornado.”

Flash flood threat looms over many states

By late Thursday, extremely heavy rain was falling in parts of southeastern Missouri and western Kentucky and causing “very dangerous/life threatening flash flooding” in some spots, according to the National Weather Service.

Heavy rains were expected to continue there and in other parts of the region in the coming days and could produce dangerous flash floods capable of sweeping away cars. The potent storm system will bring “significant, life-threatening flash flooding” each day, the National Weather Service said.

Water rescue teams and sandbagging operations were being staged across the region, and the Federal Emergency Management Agency was ready to distribute food, water, cots and generators.

Water rescues were already underway in flooded parts of Nashville, Tennessee, where the rain could persist for days after an unnerving period of tornado warnings that drained the batteries of some city sirens, the fire department said.

Western Kentucky prepared for record rain and flooding in places that normally do not get inundated, Gov. Andy Beshear said. At least 25 state highways were swamped, mostly in the west, according to a statement from his office Thursday.

Flash flooding is particularly worrisome in rural areas of the state where water can quickly rush off the mountains into the hollows. Less than four years ago, dozens died in flooding across eastern Kentucky.

Extreme flooding across the corridor that includes Louisville, Kentucky, and Memphis, which have major cargo hubs, could also lead to shipping and supply chain delays, said Jonathan Porter, chief meteorologist at AccuWeather.

Forecasters attributed the violent weather to warm temperatures, an unstable atmosphere, strong wind shear and abundant moisture streaming from the Gulf.

Tornadoes leave path of damage, and more could be coming

Under darkened skies Thursday morning, the remains of a used car dealership in Selmer stood roofless and gutted, with debris scattered across the car lot and wrapped around mangled trees. Some homes were ripped to their foundations in the Tennessee town, where three tornadoes were suspected of touching down.

The Tennessee Highway Patrol released video of lightning illuminating the sky as first responders scoured the ruins of a home, looking for anyone trapped.

In neighboring Arkansas, a tornado near Blytheville lofted debris at least 25,000 feet high, according to weather service meteorologist Chelly Amin. The state’s emergency management office reported damage in 22 counties from tornadoes, wind, hail and flash flooding.

The home where Danny Qualls spent his childhood but no longer lives was flattened by a tornado in northeast Arkansas.

“My husband has been extremely tearful and emotional, but he also knows that we have to do the work,” Rhonda Qualls said. “He was in shock last night, cried himself to sleep.”

Workers on bulldozers cleared rubble along the highway that crosses through Lake City, where a tornado with winds of 150 mph sheared roofs off homes, collapsed brick walls and tossed cars into trees.

Mississippi’s governor said at least 60 homes were damaged. And in far western Kentucky, four people were injured while taking shelter in a vehicle under a church carport, according to the emergency management office in Ballard County.

Walker IV reported from Selmer, Tennessee, and Seewer from Toledo, Ohio. Associated Press writers Andrew DeMillo in Little Rock, Arkansas; Jonathan Mattise in Nashville, Tennessee, Seth Borenstein in Washington; Isabella O’Malley in Philadelphia; Kathy McCormack in Concord, New Hampshire; Bruce Schreiner in Louisville, Kentucky; Jeff Martin in Atlanta; Hallie Golden in Seattle; and Ed White in Detroit contributed.

By JIANG JUNZHE and MATT OTT, Associated Press

Global markets slid further and Wall Street was on track for another day of crushing losses Friday after China responded to U.S. President Donald Trump’s latest set of tariffs with some of their own.

Futures for the S&P 500 fell 3.6% before the bell, while futures for the Dow Jones Industrial Average shed 3.4%, falling below the 40,000 mark. Nasdaq futures tumbled 4%.

That follows Thursday’s losses for the three major U.S. indices, which ranged between 4% and 6%. Thursday’s wipeout was Wall Street’s worst day in five years.

Markets in Europe were having an even rougher time Friday. By midday, Germany’s DAX had lost 5%, the CAC 40 in Paris slipped 4.2% and Britain’s FTSE 100 gave up 3.8%.

Oil prices fell as much as 8%.

China announced early Friday that it will impose a 34% tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following Trump’s “Liberation Day” slate of double-digit tariffs.

The new tariff matches the rate of the U.S. “reciprocal” tariff of 34% on Chinese exports Trump ordered this week.

The U.S. exports an array of goods to China, including machinery, soy, corn and aerospace products. Shares in companies that stand to suffer from China’s tariffs include Deere & Co., which fell 4.7% in premarket; and Boeing, which slid 6%.

Apple saw its shares decline 4.7%.

The Commerce Ministry in Beijing also said that it will impose more export controls on rare earths, which are materials used in high-tech products such as computer chips and electric vehicle batteries.

The Chinese government is also subjecting 27 additional U.S. companies to trade sanctions or export controls and filed a lawsuit with the World Trade Organization over the tariffs.

Everything from crude oil to Big Tech stocks to the value of the U.S. dollar against other currencies has fallen since Trump’s tariff announcement Wednesday afternoon. Even gold, a traditional safe haven that recently hit record highs, pulled lower.

Trump announced a minimum tariff of 10% on global imports, with the tax rate running much higher on products from certain countries like China and those from the European Union. Smaller, poorer countries in Asia were slapped with tariffs as high as 49%.

Economists say the tariffs increases the risk of a potentially toxic mix of weakening economic growth and higher inflation.

It’s “plausible” the tariffs altogether, which would rival levels unseen in more than a century, could knock down U.S. economic growth by 2 percentage points this year and raise inflation close to 5%, according to UBS.

Later Friday the U.S. government offers up its March jobs report.

Yields on Treasurys tumbled in part on rising expectations for coming cuts to rates, along with general fear about the health of the U.S. economy. The yield on the 10-year Treasury fell to 3.89% from 4.01% late Thursday and from roughly 4.80% in January. The last time it had fallen below 4% was in October.

U.S. benchmark crude oil shed $5.32 to $61.63 a barrel, its lowest level since mid-2021. Brent crude, the international standard, was down $5.26 at $64.88 a barrel.

Shares of Exxon Mobil slid 4.2% and Chevron fell an even 4%.

Markets in Shanghai, Taiwan, Hong Kong and Indonesia were closed for holidays, limiting the scope of Friday’s sell-offs in Asia.

Tokyo’s Nikkei 225 lost 2.8% to 33,780.58, while South Korea’s Kospi sank 0.9% to 2,465.42.

The two U.S. allies said they were focused on negotiating lower tariffs with Trump’s administration.

Australia’s S&P/ASX 200 dropped 2.4%, closing at 7,667.80.

In other trading early Friday, the U.S. dollar fell to 144.89 Japanese yen from 146.06. The yen is often used as a refuge in uncertain times, while Trump’s policies are meant in part to weaken the dollar to make goods made in the U.S. more price competitive overseas. The euro rose to $1.1074 from $1.1055.

By PAUL WISEMAN, Associated Press Economics Writer

WASHINGTON (AP) — The U.S. job market is slowing at a time when Americans are increasingly anxious about what President Donald Trump’s trade wars are going to do to the economy.

When the Labor Department releases employment numbers for March on Friday, they are expected to show that U.S. businesses, government agencies and nonprofits added 130,000 jobs last month, down from 151,000 in February, according to a survey of forecasters by the data firm FactSet. The unemployment rate is forecast to tick up to 4.2% in March from 4.1% in February.

Those would unspectacular but not terrible hiring numbers. But the fear is that things might get worse from here.

President Donald Trump’s trade wars – including the sweeping “Liberation Day’’ import taxes he announced Wednesday – threaten to drive up prices, disrupt commerce and invite retaliatory tariffs from America’s trading partners.

Another threat comes from the president’s promise to deport millions of immigrants who are working in the United States illegally. In the past several years, those workers have eased labor shortages and helped the economy keep growing. If they’re deported or frightened out of the job market, companies could have to cut back on what they do or increase wages and raise prices, potentially feeding inflation.

Likewise, purges of the federal workforce by Elon Musk’s Department of Government Efficiency (DOGE) to threaten weigh the labor market and push up unemployment.

Still, the impact of Musk’s firings is only starting to show up.

“We do not expect DOGE-driven job cuts to be a sizable drag” in the overall March hiring numbers, Shruti Mishra, economist at Bank of America, wrote in a commentary. “The numbers are too small to move the needle on the broader labor market.’’

Mishra forecasts 185,000 new jobs last month, considerably higher than economists’ consensus, partly because she expects hiring at leisure and hospitality companies like hotels and restaurants to rebound after being pushed down by unusually cold weather in January and February.

The job market has cooled from the red-hot hiring days of 2021-2023. Employers added 151,000 jobs in February and 125,000 in January. Not bad but down from monthly averages of 168,000 last year, 216,000 in 2023, 380,000 in 2022 and a record 603,000 in 2021 as the economy surged back from COVID-19 lockdowns.

The economy has been remarkably durable in the face high interest rates.

In 2022 and 2023, the Federal Reserve raised its benchmark interest rate 11 times to combat inflation. Economists expected the higher borrowing costs to tip the United States into recession. But they didn’t. Consumers kept spending, employers kept hiring and the economy kept growing.

Inflation came down – allowing the Fed to cut rates three times last year. But then progress against inflation stalled, forcing the Fed to put off more rate cuts this year.

Now there are increasing worries about the health of the economy. The University of Michigan’s consumer sentiment survey last month showed that two-thirds of American consumers expected unemployment to rise over the next year — the highest reading in 16 years.

“The U.S. economy is in good shape at the start of the second quarter, but the ongoing trade war has increased the risk of near-term recession dramatically,” Ershang Liang of PNC Economics wrote in a commentary Thursday.

Still, the slowdown, if one is coming, may not show up in Friday’s job numbers.

Thomas Simons, chief economist at Jefferies, says the March numbers may be inflated by seasonal adjustments and end up getting revised lower in coming months. “After we see more data, and eventually a number of revisions, this period of time in the labor market will probably look quite a bit worse than it does now,” he wrote in a commentary Thursday.

BANGKOK — Countries and industries were scrambling Friday to respond as President Donald Trump’s latest tariffs hikes upend global trade and world markets.

China responded to the 34% tariffs imposed by the U.S. on imports from China by announcing it will impose a 34% tariff on imports of all U.S. products beginning April 10.

Taiwan’s president promised to provide support to industries most vulnerable to the 32% tariffs Trump ordered in his “Liberation Day” reciprocal tariffs announcement.

Shipping containers line the Ever Most cargo vessel docked at the Port of Oakland on Thursday, April 3, 2025, in Oakland, Calif. (AP Photo/Noah Berger)

Vietnam said its deputy prime minister would visit the U.S. for talks on trade. Some, like the head of the EU’s European Commission, have vowed to fight back while promising to improve the rules book for free trade. Others said they were hoping to negotiate with the Trump administration for relief.

Fighting back

As with earlier countermoves to U.S. trade penalties, Beijing hit back with targeted action, as well as its universal 34% tariff on all products from the U.S.

The Commerce Ministry in Beijing said it will impose more export controls on rare earths, which are materials used in high-tech products such as computer chips and electric vehicle batteries. Included in the list was samarium and its compounds, which are used in aerospace manufacturing and the defense sector. Another element called gadolinium is used in MRI scans.

China’s customs administration said it had suspended imports of chicken from two U.S. suppliers, Mountaire Farms of Delaware and Coastal Processing. It said Chinese customs had repeatedly detected furazolidone, a drug banned in China, in shipments from those companies.

Cargo containers line a shipping terminal at the Port of Oakland on Thursday, April 3, 2025, in Oakland, Calif. (AP Photo/Noah Berger)

Additionally, the Chinese government said it has added 27 firms to lists of companies subject to trade sanctions or export controls.

For good measure, China also filed a lawsuit with the World Trade Organization, saying the U.S. tariffs were “a typical unilateral bullying practice that endangers the stability of the global economic and trade order.”

Seize the day

India was hit by a 26% tariff rate, lower than the 34% for Chinese exports and 46% for Vietnam. Its Commerce Ministry that it was “studying the opportunities that may arise due to this new development in U.S. trade policy.” It said talks were underway on a trade agreement, including “deepening supply chain integration.”

The U.S was New Delhi’s biggest trading partner in 2024 with two-way trade estimated at $129 billion, according to U.S. data. They have set an ambitious target of more than doubling their bilateral trade to $500 billion by 2030. Most pharmaceuticals and other medicines, important Indian exports to the U.S., are exempt from the reciprocal tariffs.

A hand-embroidery dress fabric made in India, costing a couple hundred dollars per yard, is sold at the Francia Textiles fabric store in the Fashion District in Los Angeles on Thursday, April 3, 2025. (AP Photo/Damian Dovarganes)

However, diamonds and other gems, another major export industry, are subject to the higher duties.

Business groups said they viewed the challenge as a chance to improve India’s competitiveness. “At a time when global trade dynamics are shifting rapidly, Indian exporters must be equipped with the right policies, strategies, and support to compete effectively,” S.C. Ralkan, head of the Federation of Indian Export Organizations, said in a statement.

We need to talk

Most U.S. trading partners have emphasized they hope negotiations can help resolve trade friction with Washington. Japanese Prime Minister Shigeru Ishiba said he was prepared to fly to Washington, in a last-ditch effort to forestall the 24% tariffs Trump ordered for exports from the biggest Asian U.S. ally.

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“The global trading system has serious deficiencies,” the president of the EU’s European Commission, Ursula von der Leyen, said Thursday while on a visit to Uzbekistan. But she chided Trump, saying that “reaching for tariffs as your first and last tool will not fix it. This is why from the onset we have always been ready to negotiate with the United States.”

In Italy, Premier Giorgia Meloni told state TV she believes the 20% U.S. tariffs on exports from Europe were wrong, but “it is not the catastrophe that some are making it out to be.’’ Her government planned to meet next week with representatives of affected sectors to formulate plans. “We need to open an honest discussion on the matter with the Americans, with the goal, at least from my point of view, of removing tariffs, not multiplying them,’’ Meloni said.

Vietnam’s Foreign Ministry spokesperson, Pham Thu Hang, said Hanoi would keep talking with the U.S. to “find practical solutions” as 46% U.S. tariffs threatened to decimate exports of footwear, electronics, textiles and seafood.

“If enforced, would negatively impact bilateral economic and trade relations as well as the interests of businesses and people in both countries,” Hang said in comments cited by state-run media, which reported that the deputy prime ninister and former finance minister Ho Duc Phoc was scheduled to visit the U.S. for trade talks next week.

A helping hand

Taiwan President Lai Ching-te said he will offer the “greatest support” to industries most impacted by the new tariffs. Taiwan’s trade surplus with the U.S. is relatively high partly because the island is a major source of computer chips and other advanced technology. Lai said in a statement on his Facebook page that “We feel that this is unreasonable and are also worried about the subsequent impact these measures may have on the global economy.”

Lai said he instructed Premier Cho Jung-tai to work closely with industries that are impacted and to communicate with the public about their plans to stabilize the economy.

Japan’s leader Ishiba and other governments also said they were preparing countermeasures to help industries cope.

Likewise, von der Leyen said the EU was consulting with steel and auto makers, pharmaceutical companies and other industries about how to give them more “breathing space.”

Looking elsewhere

Trump’s decision to sharply raise tariffs on countries spanning the globe is “self-defeating,” Wang Huiyao, president of the Chinese think tank Center for China and Globalization, said in an interview.

The latest tariffs impose heavy burdens on some countries in Latin America, the Middle East, Africa and Asia.

A La Segunda Chilean newspaper leads with an image of President Donald Trump and a story about his imposed “reciprocal” tariffs, clipped to a kiosk in Santiago, Chile, Thursday, April 3, 2025. (AP Photo/Esteban Felix)

It’s a trade war with the world, Wang said, while China’s strategy is to trade more with Southeast Asia and Latin America, with Europe, the Middle East and other developing nations.

“The likely outcome is that China will become the largest trading nation and its economy will be trading more with other nations and the U.S. may … become more isolated,” Wang said.

Europe will work to build more bridges and as a regional economic bloc of 450 million people, larger than the United States, it also has its own huge market, said von der Leyen, the EC president.

The EU is its own “safe harbor in tumultuous times,” she said.

AP journalists from around the world contributed.