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After stocks plunged last week, losing nearly $6 trillion in market value, Wall Street is bracing for another bumpy ride triggered by President Donald Trump’s global trade war. JPMorgan now expects the economy to “contract under the weight of the tariffs” and that a recession will drive unemployment up to 5.3%. This comes as more than 1,400 demonstrations took place around the country over the weekend over the Trump administration’s policies. NBC’s Christine Romans reports for TODAY.April 7, 2025
How Trump admin could change access to weight-loss drugs
01:50
RFK Jr. makes new push for vaccine after 2nd child dies of measles
02:05
Why some business leaders are ‘afraid’ to speak out against tariffs
03:09
Trump calls his tariffs a ‘beautiful thing to behold’ amid stock selloffs
02:03
Now Playing
Global markets plunge for 2nd week, triggered by Trump’s tariffs
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UP NEXT
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