Stocks tumble following Fed chair's concerns over economy, tariffs

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The stock market took another tumble Wednesday amid a new warning from Federal Reserve Chair Jerome Powell about the impact of President Donald Trump’s global trade war. Trump is defending the tariffs, falsely inflating the revenue they’ve brought in. NBC’s Garrett Haake reports for TODAY from the White House.

The stock market took another tumble Wednesday amid a new warning from Federal Reserve Chair Jerome Powell about the impact of President Donald Trump’s global trade war. Trump is defending the tariffs, falsely inflating the revenue they’ve brought in. NBC’s Garrett Haake reports for TODAY from the White House.

April 17, 2025.