The fallout continues after President Donald Trump's unveiling of severe tariffs against virtually all U.S. trading partners. On Sunday, ABC's "This Week" anchor George Stephanopoulos pressed White House National Economic Council Director Kevin Hassett about Trump reposting a video that said he was tanking the markets to force the Fed to lower interest rates.

World markets may not get any respite after President Donald Trump ’s widely criticized tariff policies prompted a $6.6 trillion stock market rout at the end of last week. Stock futures, oil prices, and bitcoin all fell on Sunday night,

The fallout is well underway after tariff-obsessed President Donald Trump effectively declared a world trade war and announced a long list of new tariffs on countries near and far. The global markets are still absorbing the shockwaves as nearly every economist in the world either scratches their head or pulls out their hair.

Major stock indexes plunged in Asia on Monday as U.S. President Donald Trump showed no sign of backing away from his sweeping tariff plans, and investors bet the mounting risk of recession could see the Federal Reserve cutting rates as early as May.

Tokyo’s Nikkei 225 index lost nearly 8% shortly after the market opened. An hour later it was down 7.1% at 31,375.71. South Korea’s Kospi lost 5.5% to 2,328.52, while Australia’s S&P/ASX 200 tumbled 6.

Chinese shares opened sharply down on Monday morning after Donald Trump’s tariff blitz last week and Beijing’s retaliation. Hong Kong’s Hang Seng index plunged 8.7 per cent in early trading, with tech stocks Alibaba and Tencent falling more than 11 per cent,

The big question as global stock selloffs point to another week of plunging markets in the US is how much pain President Donald Trump is prepared to inflict to test his tariff theories.

U.S. stock futures plunged, an indication that the market turmoil that began last week will continue when trading opens Monday. MSNBC's Stephanie Ruhle reports on the looming impact of the tariffs.

The declines signal another day of massive losses ahead when trading officially begins tomorrow. U.S. stock futures plunged Sunday evening, an indication that the market turmoil that began last week will continue when trading opens Monday.