President Donald Trump's tariffs were expected to be a problem for markets and the economy, but a manageable one. What actually emerged, though, has been economic and geopolitical mayhem. Markets recoiled at the developments,

Two days after sending the global economy reeling by announcing tariffs on foreign imports, President Donald Trump insisted his trade policies will “NEVER CHANGE” as he remained ensconced in a bubble of wealth and power in Florida.

The US president, who has vowed to remake the global trade order, dismissed concerns, noting the US jobs market is strong.

Stocks dropped sharply for a second day after China set retaliatory tariffs countering President Trump's own steep import duties.

China slapped a 34% tariff on U.S. goods starting April 10 in retaliation to Trump's tariff plans. Global markets tumble as the trade war begins. Follow along for live updates on how the Dow, S&P 500 and Nasdaq are reacting.

Steve Liesman, Senior Economics Correspondent for CNBC, Charlotte Howard, Executive Editor at The Economist and Michael Linden, Former Senior Advisor to President Biden at the Office of Management and Budget join Nicolle Wallace on Deadline White House with continued reaction to the fallout from the stock market plunge as a result of Donald Trump’s rollout of tariffs leading to widespread panic and uncertainty for American investors and consumers.

Over the past two days, more than $5 trillion of wealth has been erased from the U.S. stock market as investors react to the tariffs announced by President Trump. China’s retaliatory move today sent markets sliding.

The Dow fell 10% from its record closing high in December, putting it on track to confirm a correction on Friday, after China retaliated with fresh tariffs a day after the Trump administration announced sweeping levies on trade partners.