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A financial journalist laid out a "disaster scenario" that could be triggered by president Donald Trump's sweeping tariffs.

The president announced double-digit tariffs against nearly 100 nations, and CNN's global economic analyst Rana Foroohar warned that this week's stock market sell-off could be the beginning of a worldwide crisis.

Donald Trump's economic policies have damaged the U.S. economy in "historically unprecedented" ways, according to CNN's Harry Enten.

The president announced a wave of tariffs that quickly triggered a stock market sell-off, leading to the worst week since the early days of the Covid-19 pandemic, and Enten compared the financial wipeout to past plunges.

The Chinese government on Friday responded to U.S. President Donald Trump's sweeping new tariffs with 34% import duties on all American goods beginning next week, intensifying global blowback against the White House and accelerating a worldwide financial market tailspin.

China's tariffs on U.S. imports, which match the tariffs the Trump administration moved this week to impose on Chinese goods, are set to take effect on April 10. Trump's 34% tariffs on Chinese imports come on top of the 20% tariffs the U.S. president imposed earlier this year.

Donald Trump's treasury secretary's inability to answer questions about the president's sweeping tariffs announcement on Tuesday drew gales of laughter from the hosts on MSNBC's "Morning Joe" on Friday morning.

The segment began with a Comedy Central "The Daily Show" montage of clips of billionaire-turned-Trump cabinet member Scott Bessent answering, "We're going to wait and see how this plays out," "I just don't know if there are going to be negotiations," and "I don't know," when pressed by reporters on what Trump is doing.

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That led Comedy Central's Micheal Kosta to joke, "I have a question: do you know anything? Why are you out there doing interviews?" before doing a hilarious impression of the hapless Treasury secretary.

Cutting back MSNBC's Joe Scarborough and Jonathan Lemire, the two laughed as Scarborough quipped, "Treasury Secretary Scott Bessent not completely comfortable, I think, with this whole tariff thing," before turning to the release of the most recent jobs numbers.

You can watch below or at the link here.

President Donald Trump insisted his position on tariffs would not change despite the stock market entering a tailspin since they were announced.

The president announced tariffs on imports from nearly 100 nations worldwide, as well as the European Union, and China has already come out with reciprocal 34-percent tariffs to match U.S. duties, but Trump doubled down on his position and said he would not blink before they go into effect April 10.

"Read the writing on the wall," is the advice the Republican Party is getting from former RNC chair Michael Steele who advised a course correction if they don't want to experience a blowout in the 2026 midterms.

In a column for MSNBC, "The Weekend" co-host claimed the tighter-than-normal election in Florida to fill two Republican-held House seats as well as the wipe-out in Wisconsin for a far-right state Supreme Court nominee should send a chill down the backs of the GOP leadership.

Elon Musk has alienated others involved in the tech industry with his indiscriminate cuts to the federal government, but many of them say they're afraid to speak out publicly against Donald Trump's billionaire adviser.

Politico Magazine spoke to investors, engineers, startup founders and public relations professionals working in tech, many of whom asked to remain anonymous in fear of backlash, and they described a chilling effect over the industry in response as Musk and his Department of Government Efficiency dismantle much of the government.

The path that Donald Trump has chosen for America's economic future with his tariff war will result in the U.S. coming out on the bottom, claimed MSNBC "Morning Joe" financial analyst Steve Rattner.

On Friday morning, the noted investment analyst stood before a series of charts and explained that the president will do extensive damage to America's GDP, unless he changes course and backs down as the stock market downslides.

Getting deep into the weeds, he explained to co-hosts Joe Scarborough, Willie Geist and Jonathan Lemire, "Let's start with the stock market yesterday. We talked about the almost 5 percent drop. This is actually $5 trillion of wealth lost since the inauguration. The stock market had already been starting to go down as people got more and more nervous about what Trump was or wasn't going to do –– so a huge drop."

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"But here's what's actually quite interesting," he added as he pointed at his graphics. "The stock market dropped here was actually larger than the stock market drop in every other major index, every other major country. In Japan, it was down 2.8 percent. In Europe it was down 2.6 percent. In the U.K. just 1.6, and in China just 0.6%. So why is that?"

"Trump thinks he's hurting all these people," he continued. "He thinks everything is, you know, negotiation where somebody wins and somebody loses and he thought he was the winner and we turned out to be the loser."

You can watch below or at the link here.

China responded to president Donald Trump's trade war threats with its own 34-percent retaliatory tariffs on all U.S. goods, and a CNN correspondent warned that farmers could be hit hard by the move.

The president announced so-called reciprocal tariffs on imports from about 90 countries Wednesday, which he dubbed "Liberation Day," and claimed the new taxes were necessary to erase trade deficits between the U.S. and its trading partners, and China responded with a corresponding duty to that imposed by Trump.

A series of setbacks for Donald Trump over the past two weeks could be a harbinger of the reality that Donald Trump may have reached the last moments of his second term presidential "honeymoon," reports Eli Stokols and Jake Traylor of Politico.

Still dealing with the Signal war-planning chat fiasco that will now be investigated by the Pentagon's inspector general, reeling from GOP election losses in Pennsylvania and Wisconsin and now facing a Republican Party revolt over his "Liberation Day" announcement of a wave of tariffs that has the stock market in a panic, Trump now faces an uncertain future for his "maximalist" approach in his second term.

The head of the National Security Agency was fired Thursday on the recommendation of far-right influencer Laura Loomer, according to sources.

Two current and one former U.S. official told the Washington Post that Gen. Timothy Haugh, who also heads U.S. Cyber Command, was dismissed along with his civilian NSA deputy Wendy Noble, and Loomer confirmed that she had urged president Donald Trump to fire them the previous day in a White House meeting.

The conservative editorial board of the Wall Street Journal took its criticism of Donald Trump to new heights on Thursday when it ripped apart several aspects of his sweeping set of new tariffs – and offered the president a reality check.

The scathing rebuke centered around Trump’s defense that his aggressive tariff strategy would come with only “a little disturbance.”