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U.S. stocks fell sharply as investors reckoned with an uncertain economic outlook.

Plus, how President Trump's tariffs threaten a major U.S. export, services.

This could impact service exports by just damaging the American brand.

And you're seeing this around the world.

There's all these people that are now basically souring on American companies

because they feel the U.S.

is being hostile, attacking their country, it's trade war.

And the House has narrowly passed the budget blueprint for Trump's one big, beautiful bill.

But that may have been the easy part.

It's Thursday, April 10th.

I'm Alex O'Sullough for the Wall Street Journal.

This is the PM edition of What's News, the top headlines and business stories that move the world today.

If yesterday's stock market rally was a party, today investors were failing the hangover.

U.S. stocks declined sharply as investors sort through a global economic outlook that remains uncertain, despite drastic improvements over the U.S. stocks declined sharply as investors sort of through a global economic outlook that

remains uncertain, despite drastic improvements over the past 24 hours. A softer than expected

...