NBC Meet the Press Meet the Press NOW — April 3
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Apr 3, 2025 
Rep. Steven Horsford, a Democratic Congressman from Nevada, discusses the economic fallout from Trump's tariffs, emphasizing the need for a Democratic strategy to counter these policies. Meanwhile, Rep. Mike Lawler, a Republican from New York, defends the tariffs as necessary negotiating tools. CNBC's Steve Leisman offers insight into market reactions and warns of a potential recession. The conversation explores bipartisan concerns over tariffs, their implications for American families, and the complexities of congressional powers in these turbulent economic times.
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Market Impact of Tariffs
- President Trump's tariff announcement shook global markets, raising recession odds.
- Markets tumbled with Dow, S&P, and Nasdaq experiencing significant declines.
Trump's Optimism
- President Trump, departing from Mar-a-Lago, expressed optimism about the market's performance.
- He highlighted almost $7 trillion of investments coming into the country.
Tariff Goals
- Administration officials aim to reorder the global economy with these tariffs.
- The focus is on addressing non-tariff trade barriers, not exemptions.