From New York Times, I'm Michael Bobarrow. This is the Daily.

Checked your 401k today. You know you lost a lot, a lot of money.

Monday was yet another dark day on Wall Street as global stocks whipsawed over President Trump's universal tariffs.

A bare market briefly became official in the U.S.

And tit-for-tat retaliation with China intensified.

President Trump is doubling down, now threatening even bigger tariffs on imports from China,

50% if the country does not revoke its retaliatory tariffs on American products sold there.

Now, as trillions of dollars in corporate value evaporates, Trump's support in the business

world is cracking, and even Republican members of Congress are debating whether to take away

Trump's power to wage a trade war. There's no escaping the fact that business leaders are really

losing confidence. Bill Ackman, a billionaire who helped to fund the Trump campaign, has called

for a pause in tariffs, warning of what he calls a self-induced economic

nuclear winter.

This is Wall Street screaming at the White House.

If this is help, we don't want your help.

Please stop now.

Today, Andrew Ross Sorkin with the view from the stock market and Jonathan Swan with

the view from the stock market and Jonathan Swan with the view from the White House.

It's Tuesday, April 8th.

Andrew, thank you for coming in the studio.

Thanks for having me. What a day.

Another what a day day day. Another what a day day day.

...