Steep new tariffs triggered a stock market sell-off Thursday, upping pressure on Republican lawmakers, some of whom are worried about the political fallout.

The fallout over President Trump’s tariffs has begun with layoffs and price hikes hitting Americans as the markets drop. NBC News’ Julie Tsirkin reports from Capitol Hill. Former chief strategist for the Romney 2012 campaign Stuart Stevens and former campaign manager for Julián Castro Maya Rupert join Chris Jansing to weigh in.

Global markets were in a tailspin on Thursday as policymakers and trade partners expressed dismay over president’s latest trade-war salvo.

President Donald Trump is placing steep new tariffs on virtually all U.S. trading partners, stoking fears of rising prices for consumers and deepening trade wars

Donald Trump has just turned the world economy upside down with a wave of aggressive tariffs on America’s trading partners.

President Donald Trump has announced plans for sweeping tariffs. He said Wednesday, “Our country has been looted, pillaged, raped, plundered” by other nations. The aggressive rhetoric came as Trump sh

Americans are bracing for price increases and other potential consequences of President Trump's tariffs. Sterling Heights, Michigan Mayor Michael Taylor joins Ana Cabrera to explain how the tariffs are going to impact his residents and local businesses.

President Trump will announce sweeping new tariffs today at the White House. NBC News’ Vaughn Hillyard spoke with farmers in Iowa on how they're anticipating the tariffs to impact them. NBC News senior business correspondent Christine Romans and incoming MSNBC host Catherine Rampell join Chris Jansing to explain more on the economic impact.

Following President Trump’s announcement of sweeping tariffs on goods imported to the U.S., many world leaders are vowing to impose their own countermeasures. NBC News’ Molly Hunter breaks down which countries could be the most affected by the president’s tariffs and how world leaders are responding.