As President Trump announces changes to his tariff policy, NBC News’ Christine Romans breaks down what consumers need to know about the market impact.

Bloomberg reporters answer your questions about the rollout and market impacts of Trump’s so-called reciprocal tariffs.

The president's global raft of tariffs was dubbed "worse than the worst-case scenario" by experts, with Elon Musk reportedly begging Trump to reconsider.

Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed off his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%

US President Donald Trump's sweeping tariffs targeting most of the world are now in effect – and outside China, no other region has been hit as hard as South East Asia. Near the top of the list are Vietnam and Cambodia which have been hit by some of the highest tariffs: 46% and 49%.

US President Donald Trump’s sweeping new tariffs have gone into full effect. When Mr Trump announced the latest round of tariffs on April 2, he declared that the US would now tax nearly all of America’s trading partners at a minimum of 10% – and impose steeper rates for countries that he says run trade surpluses with the US.

Global markets continued to slide as President Donald Trump's sweeping tariffs went into effect and China and the European Union announced retaliatory tariffs against the U.S. NBC News' Brian Cheung reports on the uncertainty driving investors.

President Donald Trump is imposing tariffs on the world at will, spooking markets and straining alliances. When China announced retaliatory tariffs on US products, Trump made the unilateral decision to double down.

U.S. stocks soared to one of their best days in history on a euphoric Wall Street Wednesday after President Donald Trump said he would back off on most of his tariffs temporarily, as investors had so desperately hoped he would.