Welcome to the beat. I am Ari Melbert, and we have a lot for you tonight. We begin with the top

story. President Trump has reached a record before the 100 days, and it is a record of complete

measurable failure. Many of his own advisors and Wall Street allies view it as humiliating.

It is something that will not only affect so many people in our country and around the world,

but even if you look at it by narrow terms of just the president's record in history,

this is now the blemish on his record, not only for the second term, but forever.

The record is the self-inflicted choice to wipe out this much value in the stock market over just two days.

We've been reporting how people are holding onto their hats during this tariff-inflicted meltdown over the last day.

Well, tonight as we end the week and have a whole other day of markets, the U.S. stock market has now lost $6.4 trillion in just two days.

This is Trump's trade war. We are losing because of Trump,

because of the choices he's made. The market's tanking. Recession fears deepening. And of course,

it's the economy stupid. This is not something the Republican Party will be able to lie out of,

or to pardon their way out of,

or to trick people into thinking that all of the problems they have, from rising prices to job

fears to rising costs, that they're not real or there's somebody else's fault, we're also

seeing the fear of an anti-Trump, anti-Maga,

political backlash as people start to see this candidate who promised to focus on your concerns

in the economy has actually, according to many, sold out the American worker.

Mark is it looks set to sell off as Donald Trump imposes the steepest U.S. import levies in a century.

Stocks set to wipe out nearly $2 trillion in market value.

Taking a plunge as investors react to the sweeping tariffs.

Right now, angry heads are prevailing, and right now circumstances are prevailing that sends stock prices much lower than where they are right now.

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