On front next, breaking news. Trump retreats as the markets tank, new jobs numbers showing

a bleak picture. Price is going up still. Trump and his wealthy allies, though, say it is a small

price to pay. Plus, the top Ukrainian official accusing the U.S. of destroying the world order.

As the Kremlin makes it clear, Putin is not interested in peace. And Trump's nephew speaks out,

no longer just taking on his uncle, but also Elon Musk. Fred Trump is our guest. Let's go

Outfront. And good evening. I'm Aaron Burnett. Out front tonight, the breaking news. Trump backing

down as the market's nosedive.

The president pumping the brakes on his trade war as major concerns about the U.S. economy

grow tonight. The Dow losing 428 points right now on track for its worst week in two years.

And the NASDAQ is now in correction territory. That means it's down 10% from its peak,

7% since Trump took office. And they are down, even as Trump gave in to Mexico and Canada today, pausing

his 25% tariffs. Some of these exemptions that have been announced in some of these temporary

delays, have you been influenced in those decisions because of the market reaction?

Well, there are no delays at all. No, nothing to do with the market. I'm not even looking at the market.

Of course, there was delays, right? Because they were going to do them. Many of the calls with Trudeau and Scheimbaum and delayed them a month and now here we are, now they're delayed again.

As for not looking at the market, that would be new because for years, Trump has been aggressive about touting just how well the markets do when he's in charge.

Since the election, the stock market has broken one record after another.

The stock market is good because a lot of people think we're going to win the election.

We had a great stock bond.

We're hitting record stock market numbers.

Another great all-time stock market record.

The stock market's up again.

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