NBC: Top Stories

• Markets plunge as Trump tariffs spark fears of a trade war

  Stocks nosedived at the opening bell after President Donald Trump upended global markets by announcing tariffs on almost all imports coming into the United States. NBC News' Brian Cheung reports on how the markets are reacting to the tariffs.

• Trump launches 10% minimum tariffs on every US trading partner

  President Donald Trump announced an across-the-board minimum 10% tariff on all trading partners, with some "reciprocal tariffs" imposed on dozens of countries he says are ripping the United States off the most. Many economists say the actions are certain to hit consumers' wallets. NBC’s Peter Alexander reports for TODAY.

• Stellantis idles plants in Mexico and Canada due to tariffs

  DETROIT — Stellantis is pausing production at two assembly plants in Canada and Mexico as the company attempts to navigate President Donald Trump’s new round of 25% automotive tariffs, the company confirmed Thursday.

• China threatens retaliation after Trump hits it with highest U.S. tariff on any country

  China said Thursday it would take all “necessary measures” to protect its legitimate interests after it was hit particularly hard by President Donald Trump’s sweeping tariffs on U.S. trading partners around the world.

• Democratic performance is improving in a slew of special elections, as a weary party looks for signs of hope

  Democrats have spent the first months of Donald Trump’s second administration wandering the political wilderness — facing record-low popularity while competing factions battle over how exactly to take on the president.