5 things to know for Feb. 3: Tariffs, Global markets, DC air disaster, Santorini earthquakes, Grammy Awards

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More than 25 million Americans have a fear of flying, also known as aerophobia or aviophobia. This type of anxiety may be all too real right now, but don’t let it overwhelm you or inhibit your travel plans. These tips can help nervous flyers manage or overcome their fear of the skies. Here’s what else you need to know to Get Up to Speed and On with Your Day. President Donald Trump has fulfilled his promise to impose steep tariffs on America’s three largest trading partners — Canada, China and Mexico — citing a national emergency regarding the flow of fentanyl and undocumented immigrants into the US. The action, which is expected to take effect on Tuesday, includes a 25% duty on all imports from Mexico and most goods from Canada — and an additional 10% tariff on Chinese goods. The leaders of all three countries quickly announced they would take retaliatory measures. On Sunday, Trump acknowledged what economists and some members of Congress have been saying all along: Americans may find themselves paying the costs. Analysts have warned that such tariffs could increase the price of gas, groceries, automobiles, toys, clothing, lumber, beer and other goods. Global markets are tumbling amid fears that President Trump’s tariffs will start a full-blown trade war. US stock market futures plunged Sunday, with the Dow falling 1.4%, or over 600 points. The S&P 500 futures dropped 1.9%, while the tech-heavy Nasdaq was down 2.4%. Bitcoin was also down 3.5% over the last 24 hours. The selloff in the futures market implies the indexes will also open lower when trading kicks off today at 9:30 a.m. ET. Similarly, Asian markets declined on the tariff news: Japan’s Nikkei and South Korea’s KOSPI both closed lower by more than 2%, while Hong Kong’s Hang Seng was flat. China’s Shanghai index was closed for the Lunar New Year holiday. Recovery crews in Washington, DC, will resume their search today for the remains of a dozen people presumed killed in last week’s fatal midair collision. Dive teams have recovered 55 of the 67 crash victims from the debris in the Potomac River, officials said. The mangled wreckage of the American Airlines jet has made the recovery effort especially difficult for dive teams who have struggled to access parts of the plane’s fuselage. The Army Corps of Engineers will start working to remove the remnants of the jet today, according to a news release. Then, engineers will switch their focus to the wreckage of the Black Hawk helicopter involved in the collision. Around 200 earthquakes shook the iconic Greek island of Santorini in recent days, prompting schools and businesses to temporarily close. Authorities have also advised residents to avoid large indoor gatherings and steer clear of multiple ports, including the old port of Fira, just below the island’s capital. The most powerful quake was 4.6 magnitude, according to authorities. Santorini is no stranger to earthquakes, sitting as it does on several fault lines. The risk of tremors doesn’t stop a reported 3.4 million people from visiting the island each year — far outnumbering Santorini’s 20,000 or so residents.