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PBS NewsHour

Trade war and tariffs drag markets to worst week in years

Season 2025 Episode 94 | 6m 59s

Stocks were in free fall again Friday as markets saw their worst week in years. The trade war heated up as China responded to President Trump with their own 34 percent tariffs on imported U.S. goods. Markets fell further after Federal Reserve Chair Jerome Powell said the tariffs are expected to lead to higher prices and weaken the economy. Amna Nawaz discussed more with Justin Wolfers.

Major corporate funding for the PBS NewsHour is provided by Care.com, Consumer Cellular, and Fidelity. Funding for the PBS NewsHour Weekend is provided by Mutual of America. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
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Clip: S2025 E94 | 10:17
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