Hallie Jackson NOW - April 4 | NBC News NOW

U.S. markets suffered the worst two day loss since March 2020 with growing fears tariffs could lead to a recession, the escalating trade war is set to impact the retail industry and how to weather an uncertain economy depends on where you are in life. 

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[MemoryAmethyst]

Why aren’t you talking about Russia not being tariffed? That is a huge oversight for a news outlet to make.

[michelekuahine]

There's almost no real risk to billionaires. They have the wealth to wait out market crashes, buy in when stocks are low, and shift assets to protect their interests.

But for everyday Americans—especially retirees, low-income families, and those living paycheck to paycheck—these tariffs hit immediately through higher prices, shrinking retirement accounts, and job instability.

It’s a high-risk game where only the rich are protected, and everyone else pays the price.

[juanpuyosa]

Good night for you, Tom Costello, and for everybody, and God bless and protect all of you as a whole. Have a nice Friday for you and for everybody.

[FreddyJong-cocb]

Where's hallie jackson not watching now 😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢

[ChaosCuteness]

Where's hallie jackson not watching now 😢😢😢😢😢😢

[LogicalWonderz]

If you can, take advantage and INVEST while things are LOW, and wait for rebounds and growth in the long term, if you can.

[rakm]

There are calls for greater transparency in political donations and lobbying.

[nola]

JP Morgan and NBC literally always wrong

[annaanna-lg]

Are they actually making progress, or just buying time?

[zenmusic]

You invest for long term. You keep your money in the market regardless of what happens. You’re suppose to live off the dividends for retirement, not the initial investment amount. People who don’t understand this take all their money out to live off of, idiots

[hattsho]

No one complained about the Biden slump.

[Matt-kcko]

Maybe prices are already way to high because of the tariffs from other countries....

[michellebrunache]

These tariffs i don't think will do good for many of us only for the wealthy ones remember inflation

[RONALD]

Compromise our economy to secure a sale for some buddies!🤬🤬🤬

[rebeccamay]

We have been too nice for too long
It's time to get tough. Stand firm and not give in. They will fold, they are bluffing. We as Americans are spoiled and entitled. Time to grow up.

[AlfonsoFlores-qm]

I saw a documentary on Tariffs and they said it all starts during a second quarter April, May, June stock market crashing and the unemployment rate at 9.2 percent with in 8 months and then a major war to get rid of people who want something to do

[zenmusic]

I’m down $20K in equity today lol. When COVID hit I was down $30K. It went back up though and did not loose anything. Just invested $2K into my ROTH IRA today, index fund. If you can’t handle this, don’t invest.

[w_handle]

Wow, last time it took Trump two years to destroy the Economy. This time, two months!

[johnglenn]

Car's aren't food, why would we Care. Except we all need food, so why prices keep going up, food you fool. Seniors need food too. Children need food, family's going hungry. Smart people

[DasGoravaniJyotish]

Apple pays max $485 for an iPhone from china. This will cause a tariff payment of $194 which if apple adds to the price it won't go up more than that. People are wrong about future huge iPhone prices. Plus, China might make a deal like Vietnam did where tariffs are taken off in both directions- if they do that then there won't be any tariff on Chinese goods from China to the US or exports going from US to China. That is the best world and it may happen. Trump is probably looking forward to making many such deals with key partners. If that is done then the tariffs will do nothing to make manufacturing return to the US but removing tariffs other countries have on US goods will help increase business in the US.

Otherwise, if countries don't make deals removing both direction tariffs then there will be inflation in the US. More. That will encourage production to return to the US SOME but perhaps not much as tariffs cannot be relied upon and manufacturing, to set it up, is a long term thought process... flimsy tariffs may not be enough to encourage that.