President Donald Trump maintains that the market will rebound, much like a patient heals after surgery, following a loss of around $3 trillion in U.S. stocks on Thursday—the largest one-day decline in five years. This comes as investors grapple with concerns about new tariffs.

Countries around the world are reacting to Trump’s new tariffs. Canada’s Prime Minister Mark Carney has announced a tariff on American vehicles, while Mexico is celebrating its exclusion from the new tariffs. China, however, is urging the United States to cancel the latest tariffs immediately.

The Justice Department was back on the defensive Thursday at another hearing, discussing whether the Trump administration defied a federal judge’s order by failing to recall planes deporting more than 200 alleged illegal immigrant gang members to El Salvador.

Severe tornado storms, stretching from Texas to the Northeast, have claimed several lives and left tens of thousands without power. Officials are warning that more tornadoes and heavy rain are expected.