Steve Liesman, Senior Economics Correspondent for CNBC, Charlotte Howard, Executive Editor at The Economist and Michael Linden, Former Senior Advisor to President Biden at the Office of Management and Budget join Nicolle Wallace on Deadline White House with continued reaction to the fallout from the stock market plunge as a result of Donald Trump’s rollout of tariffs leading to widespread panic and uncertainty for American investors and consumers.

President Donald Trump offered a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, “I think it’s going very well.”

The price tag for Apple’s iPhones may increase by more than 40% after President Donald Trump announced sweeping reciprocal tariffs on U.S. trade partners, analysts said Thursday, as Trump’s trade policies will likely increase prices across several imported goods, including new cars, coffee, chocolate and other products.

By Jeff Mason, David Ljunggren and Satoshi Sugiyama WASHINGTON/OTTAWA/TOKYO (Reuters) - Countries around the world threatened to wage a trade war with the United States as President Donald Trump's sweeping tariffs fed expectations for a global downturn and sharp price hikes for swathes of goods in the world's biggest consumer market.