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The Chinese government said it would match President Trump's tariff, and also barred a group of American companies from doing business in China.
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The president's aides insist the fallout will be short and ultimately result in a better economy, as economists warn of higher inflation and slower growth.
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A GOP electoral warning points to Elon Musk in the hot seat, and President Trump employed a third-term distraction. Also, a trade war rages, and there were mass firings at key scientific agencies.
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Businesses of all sizes are reeling as President Trump expands his trade war. Stock markets fell sharply on Thursday. We also gauge how small U.S. retailers are responding to the new tariffs.
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President Trump's sweeping tariff announcement triggered a sharp drop in U.S. stock markets, a flashing-red warning sign of the economic fallout that's expected to result from the widening trade war.
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A manufacturer in China that makes apparel for the American market is warning of a price increase after President Trump's announcement on tariffs. NBC News' Janis Mackey Frayer visits one of the companies to talk about how the tariffs will impact prices in the U.S.
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A White House official says the Trump administration is planning to halt more than half a billion dollars in contracts and grants awarded to Brown University
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The first full day of Trump's expanded trade war rattled the global economy today as world leaders quickly responded to new tariffs and shaken investors ran for the hills. Catch up here.
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