Live from the NASAC market site in the heart of New York City's Times Square, this is fast money.

Here's what's on tap tonight. President Trump announcing reciprocal tariffs on countries around the world,

34% on China, 20% on the European Union, 46% on Vietnam, and the list goes on and on.

We'll break down the impact on the economy, the markets, and a number of key sectors straight ahead. Plus shares of RH getting crushed after hours down close to 25% after missing

on the top and the bottom line and issuing weak guidance. What this says about the spring housing

market coming up. And later, our Elon's days in Washington numbered. Will Tesla shareholders

cheer? Corleave continue its post-IPO rebound up over 50% this week, and Newsmax comes crashing

back to Earth, and I mean crashing.

The details straight ahead.

I'm Melissa Lee, coming to you live from studio be at the NASDAQ on the desk tonight.

Bono and Eisen, Karen Feynman, Dan Nathan, and Guy Adami.

But we start off with the breaking news out of Washington. President Trump just wrapping up an event at the Rose Garden where he laid out his tariff plans. Stocks moving

sharply lower as he spoke in the last hour. The spy down more than a percent right now,

queues down as much as 3 percent at the lows after hours. Let's get to Megan Kisselin,

who's got all the details. Megan. Hey, Melissa,, absolutely a lot coming out from the president just in the last

hour. The top line being that the president is implementing a 10% across the board baseline

tariff on nearly all countries. That's effective on April 5th. So just a few days from now,

almost all imports will be subject to at least a 10% tariff. He is also going country by country

for about 60 of what the White House is calling the worst

offenders and imposing a higher, what they call reciprocal tariff against those countries.

To give you a little bit of a sampling, China subject to a 34% tariff on top of the 20%

tariff that's already in effect, the EU subject to a 20% tariff. Vietnam, 46%. All of those

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