It was the worst day for the stock market since 2020 as investors absorbed the potential impact of an escalating trade war. President Trump said that his sweeping tariffs on imports are designed to boost American companies that make products in the U.S. But for many popular brands that import their products from overseas, prices could rise. NBC News’ Christine Romans, Brian Cheung and Andrea Mitchell reports on how the Trump administration is defending its efforts to remake the global economy.
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