Reporter

President Donald Trump said he would impose additional, additional 10% tariffs on imports from the world's second largest economy.

You're welcome. If we could just step back for a second. When President Trump last addressed the BRT when he was on the campaign trail, his big push was on tax cuts. He's going there today as he's proposing tax hikes in the form of tariffs. And I'm curious for why he's prioritizing that over the tax cuts.

You're welcome. If we could just step back for a second. When President Trump last addressed the BRT when he was on the campaign trail, his big push was on tax cuts. He's going there today as he's proposing tax hikes in the form of tariffs. And I'm curious for why he's prioritizing that over the tax cuts.

You're welcome. If we could just step back for a second. When President Trump last addressed the BRT when he was on the campaign trail, his big push was on tax cuts. He's going there today as he's proposing tax hikes in the form of tariffs. And I'm curious for why he's prioritizing that over the tax cuts.

You're welcome. If we could just step back for a second. When President Trump last addressed the BRT when he was on the campaign trail, his big push was on tax cuts. He's going there today as he's proposing tax hikes in the form of tariffs. And I'm curious for why he's prioritizing that over the tax cuts.

You're welcome. If we could just step back for a second. When President Trump last addressed the BRT when he was on the campaign trail, his big push was on tax cuts. He's going there today as he's proposing tax hikes in the form of tariffs. And I'm curious for why he's prioritizing that over the tax cuts.

You're welcome. If we could just step back for a second. When President Trump last addressed the BRT when he was on the campaign trail, his big push was on tax cuts. He's going there today as he's proposing tax hikes in the form of tariffs. And I'm curious for why he's prioritizing that over the tax cuts.

Because I have. They don't get charged on foreign companies. They get charged on the importers.

Because I have. They don't get charged on foreign companies. They get charged on the importers.

Because I have. They don't get charged on foreign companies. They get charged on the importers.

He said around $500 to $700 billion. There was no evidence to claim that. And also, if that is the case, that would represent more than a third of what Social Security paid out last year, maybe 20% of Social Security and Medicare.

He said around $500 to $700 billion. There was no evidence to claim that. And also, if that is the case, that would represent more than a third of what Social Security paid out last year, maybe 20% of Social Security and Medicare.

He said around $500 to $700 billion. There was no evidence to claim that. And also, if that is the case, that would represent more than a third of what Social Security paid out last year, maybe 20% of Social Security and Medicare.

Thanks, Caroline. Just back on the markets, you said that what we're seeing this week right now on Wall Street is a snapshot of a moment in time. But does the president think he bears any responsibility for the turmoil in the stock market this week?

Thanks, Caroline. Just back on the markets, you said that what we're seeing this week right now on Wall Street is a snapshot of a moment in time. But does the president think he bears any responsibility for the turmoil in the stock market this week?

Thanks, Caroline. Just back on the markets, you said that what we're seeing this week right now on Wall Street is a snapshot of a moment in time. But does the president think he bears any responsibility for the turmoil in the stock market this week?

Conversations between the administration and the Canadians going on over this tariff because the Ontario premier says the next step is to cut off electricity to the U.S.

Conversations between the administration and the Canadians going on over this tariff because the Ontario premier says the next step is to cut off electricity to the U.S.

Conversations between the administration and the Canadians going on over this tariff because the Ontario premier says the next step is to cut off electricity to the U.S.

Really, really appreciate you having me, Caroline. A couple of questions for you, if I may. First is first on this stock market. So currently it's the 25th anniversary today of the dot-com bubble crash. There's a lot of concern for a lot of Americans right now about the state of the economy. President Trump has refused to rule out a recession.