Since President Trump announced sweeping tariffs last Wednesday, markets around the world have tanked.

The Dow plunge more than 2,300 points.

S&B sank 322, NASDAQ, Dumbled, 962.

Now, Asian markets also plunged overnight.

U.S. markets losing trillions, over $5 trillion in just a matter of days.

European markets are also down about 4.5% across the board.

Economists warn that will tip the world's largest economy into a recession here.

College, panic, bloodbath doesn't even begin to cut it.

Our colleague Gregory Zuckerman has been covering markets for the Wall Street Journal since 1996.

This is the most disturbed and discouraged and disheartened.

I've seen people on Wall Street about policies in Washington, D.C.

How many market downturns have you seen?

I've seen a lot of crises. I covered the 1998, long-term capital collapse, covered the tech meltdown, it covered 2008,

and the housing collapse, the coronavirus crisis. So I've seen a lot of financial crises in my career.

How does this one compare? This is unique. This is the first time one can argue it's been self-inflicted.

It's a series of decisions that have resulted in a financial crisis.

I've never seen that before.

This is the first time I've ever seen government officials create a crisis.

And now, Wall Street is starting to push back on Trump's tariffs.

Welcome to The Journal, our show about money, business, and power.

I'm Kate Linebaugh.

It's Monday, April 7th.

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