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>> trade war against america's. >> top trading partners. >> just moments ago. >> the president announcing. >> on his social. >> media website he is imposing an additional 25 to 50% tariff on all steel and aluminum coming into the us. from canada. that new tariff takes effect tomorrow morning. the president says this is in retaliation for ontario premier doug. ford placing a 25% surcharge on electricity coming into the united states. now, just moments ago, ford reacted to that. >> news. >> right here on msnbc. we will not back down. >> we will be relentless. >> i apologize to the american people that president trump decided to have an unprovoked attack on our country, on families, on jobs, and it's unacceptable. let's work together. let's get to the table if he has issues and let's sort this out, i will respond appropriately on the on the electricity. stay tuned. all of

this once again spooking the markets. take a look at this. >> the dow is down about 600. >> points at this hour. the nasdaq and the s&p 500 are also down right now. all of this comes one day after a major market sell off due to worries about the president's tariffs. sending the economy into a recession. with us now to talk more about this, nbc news white house correspondent aaron gilchrist and cnbc anchor frank holland. aaron, what else is the president threatening to do in retaliation against this latest canada reaction? >> yeah, so this is a brand new post on the president's social media site, where he's talked about now taking additional action against the canadians as a result of this surcharge that we learned about yesterday. coming from ontario, 25% surcharge on electricity in new york, minnesota and michigan. the president now saying that because of that, he will add an additional 25% tariff, meaning now a 50% tariff on all steel

and aluminum coming into the us from canada. he went on in this social media post to talk about other tariffs that the canadians have imposed, he says. and he says that if they are not dropped, that there will be a substantial increase in tariffs on canada starting on april 2nd. we talk about those reciprocal tariffs that the president has said he would institute around the globe. in this case. he said that the tariff on cars coming into the us would be a part of this new action he would take against the canadians. he also talked in this post about national security, saying that the canadians get $200 billion a year in subsidies for national security from the united states, something that he would be taking a look at as well. if these the tit for tat really here from between the us and canada, continues the president indicating that he's prepared to take additional retaliatory actions. jose. >> so, frank, it's so difficult to keep up. >> to exactly. >> what new tariffs threatens.

threats of tariffs are going on. what is the impact on the economy for what we have seen so. far as far as tariffs. >> well number. >> one, just. >> the surprise factor has an impact on the economy. because it reduces only not. >> only business confidence but also consumer confidence. but on a more measurable way, it has the potential to increase inflation. these tariffs where we see them they continue to raise prices. we continue to see economic reports and businesses say they are raising prices. very notably, the ceo of target said that produce prices would go up because of the tariffs. more recently. >> we've seen other economic reports when it comes. >> to manufacturing and industrials. >> saying that. >> prices are increasing. >> so when it comes to. this specific. >> tariff and this fight. >> between the. >> premier of ontario and the president. >> right now. >> that 25% surcharge on electricity going into new york state, michigan and also minnesota. >> i've seen estimates ranging. >> from an increase. >> of $69. >> to $100 per household. >> when it comes. >> to. their bill due to these surcharges. when it comes to this tariff fight. >> when it comes. >> to that increase of tariffs

from 25% to 50%. on canadian steel and aluminum. too soon to tell. we're actually going to. >> talk a lot more about that on my. >> show tomorrow with. >> a canadian. >> excuse me, a aluminum company, a company that produces aluminum here in the us. but more broadly, the inflation thing is something that is really being watched. >> by both. >> investors and of course, by consumers. tomorrow we get our latest read on inflation, cpi that has inflation coming in at 2.9% higher year over year. we also heard from the chair of the federal reserve, jay powell, on friday. he said the fed is maintaining its inflation target of 2%. next week we get another fed meeting not expecting any action there. but the question is if we continue to see these actions. by the president, whether it comes to tariffs or just kind of the impact. >> on the on. >> the markets and also consumer prices, will the fed take action to cut rates to try to ease some of the pain? >> yeah. and i mean, aaron, the pain that much of this could be causing causing that fear on wall street. i mean yesterday it was a brutal day. it looks as

though right now we're at about still about 600 down. what is. >> the. >> white house saying about this part of it? >> well, i think the white house is trying to convey confidence and strength through some of the messaging we've heard, but there has been mixed messaging as well, with the idea that there should be an expectation that there might be some a little disturbance, as the president phrased it in a speech he gave last week. and so as we've been watching the markets fluctuate, we've been listening to the concerns of business owners around the country about the change in prices for them and therefore for their customers. the white house did put out a statement last night saying that since the president was elected, industry leaders have responded to president trump's america first economic agenda on tariffs, deregulation and unleashing of american energy with trillions in investment commitments that will create thousands of new jobs. president trump delivered historic job wage and investment growth in hisir some

surveys that have come out recently that that were aimed at business leaders, ceos, for example, that they said showed that there there is improving sentiment about where the economy is going and where businesses are going. although some of that data was before we really started talking about and seeing these tariffs in earnest. jose. and so, as i said, a bit of a mixed message coming from the white house about encouraging people to have some patience and let the trump economic plan take hold, but also a message that says, obviously, these things, these tariffs, these concerns that are around them are probably not going to go away in the short term. >> and frank, i'm. >> looking. forward to your reporting on the aluminum folks that you're going to be speaking with. what has been the reaction of the american aluminum industry, the steel industry so far? >> we're going to get more insight tomorrow. we're going to be talking to one of the biggest aluminum producers here in the us, the ceo of century aluminum. but so far, when it comes to the business community in general, i

don't want to just isolate those different companies. just a lot of questions. about what's coming next in today's developments. >> certainly only. >> adds to that feeling of uncertainty. >> when it comes to the business community. >> oftentimes here on. >> cnbc, we talk. >> about the biggest businesses and the s&p 500 and the nasdaq. i want to point to a stat. >> that came out. >> last week. when we're. >> talking about. >> small businesses, they're actually the biggest job creators here in the us. small business payrolls. they declined for the first time last month after 14 months of increases. just to give you a sentiment when it comes to main street with these tariffs are doing more and more broadly when we're talking about bigger companies, we're hearing from a number of ceos. i've spoken to a number of them on my show as well. it's really a question of uncertainty. what happens next? we don't really know where we can spend money, what moves we can make, can we source products from this country or that country, or will there be tariffs coming up? and that also impacts hiring decisions. so it has just a broader impact. during the last jobs report we saw wage growth but it wasn't quite as high as expected. and of course the jobs number it came in a bit soft. a lot of people believe that's directly tied to the uncertainty around tariffs and businesses. just not

sure if they should hire. should they build new facilities, should they take other steps. and aaron, the white house is been reacting to specifically what we're seeing out of canada. >> yeah. my colleague garrett hake, just getting some information from a source with direct knowledge of some of the conversations happening at the white house in the last several hours. and apparently, president trump is very much focused on this idea of, of canada becoming the 51st state, as we've heard him speak about in interviews in the past, in speeches and in many of his social media posts, including the one that he just posted earlier this morning. this, as we understand it from this source, is really being driven more vigorously this morning as a result of the actions taken by ontario. obviously, we've been talking about the ontario creating this 25% surcharge on electricity for the three states, 1.5 million customers who receive

electricity from that province of canada. this was, we're told, a real jumping off point for sort of re-upping this conversation about canada becoming a 51st state. the president, in his post, as i noted, talked about national security and the us providing some degree of national security for canada, saying that if canada becomes the 51st state, then there would be no need for that sort of an expenditure on national security, because canada would be a part of the united states. and he said all of these tariffs would go away if that were to happen. of course, josie, we know that the canadians have pushed back almost en masse to say that they have no interest in becoming the 51st state. >> aaron gilchrist and frank holland, thank you very much. and frank was talking about how small businesses are indeed the backbone of american industry and of our economy. >> since he took. >> office in january, president trump has increased tariffs on goods coming in from china by 20%. and we've been seeing what's. >> going on with mexico. >> and certainly with canada.

but the. >> issue of. >> china, the 20% tariffs there, it's a move that could make many products more expensive here. it's also having a big impact on the bottom line of small businesses. with us now, one of the business owners that supports our economy and is affected by these tariffs. kim vaccarella is founder and ceo of the beach tote bag company, bog bag. and kim, i am very grateful for your time. i know that a lot of your products are made in china. how is this affecting your business so far? >> the uncertainty. >> is what's killing. >> us right now, right? we started with 10%. we went to 20%. where is it going to end? you know, we have to worry about what's happening in canada. if china pushes. back like canada is. pushing back, are those going to double and go to 40%? >> we lived. >> through the 2018 tariffs, you know, which was difficult. but moving on to this new round of

tariffs there's. >> you know. >> we're spinning on. >> our heads. >> trying to figure out what our next steps are. >> kim. >> if you. >> would kind of. >> give us. >> a behind the scenes picture of why is china and manufacturing in china so critical to your business? and why is it that china is needed, in many cases by small and medium sized businesses? >> you know. cost is. >> is one of the largest things. in our particular case, our bags. >> are very big. they have. >> steel or aluminum molds. >> so just in. >> in one factory alone, we probably have north of 100, 150 molds. so, you know, looking at bringing that all to the us, can it be done? i wish it could. and but. >> the.

>> factories are very large. the labor is intensive, the machinery is intensive. and everything has to come from china anyway as far as we've been able to see. so it puts you in a predicament. we would love to be able to move our operations here, but it's just not cost effective. >> so what would it. >> take him? and you know, i'm just thinking, you know, labor is effective there. and it certainly because among other things, you know, the human rights and workers rights aren't exactly i would. >> say. >> gold medal winning in in china. but what would it take him for, for. >> you to. >> be able to, to make those bags in the united states. >> a substantial amount of money and training? and again, the machinery and the materials, these are all things. >> that we get overseas. >> so it wouldn't be such a, you know, an easy thing to bring here. and i've looked believe me, if there's anybody that does

injection molding in the us and they want to reach out, we're happy to talk. but at this current state we're looking at other options we're looking in. i just traveled to vietnam and sri lanka just to see what kind of capabilities they had there. but again, you run into the same problem, the machinery and the material are from china. >> and kim. >> why did you follow your. >> dream via making these bags? >> it's the american dream, right? you want to build a small business. and a couple of years ago, we were a very, very small business. we've been very successful over the last couple of years and we've done our part. we've been able to employ many people across the country, and we've been able to support our mom and pop shops that have been really struggling. so those are things that are super important to me. so bringing that all together, it became more about the product and about sales, but more about the people

that we've built relationships with. >> the interconnectivity. >> of so. >> many things. kim vaccarello, it's a real pleasure to, to meet you and to speak with you. i thank you for your time. >> thank you so much, jose. appreciate it. >> up next. ukraine launches what could be its largest ever. drone attack on moscow. >> just hours. >> before peace talks with the us. we're live with the latest on the negotiations back at home. an nbc news exclusive. new data showing ice. agents deported fewer immigrants than they did under biden. there's a reason for that. we'll tell you what it is next. and later, how president trump is stepping in to help head off a government shutdown with just three days to go. we're back in 90s and you are watching jose diaz-balart are watching jose diaz-balart with fatigue and light-headedness, i knew something was wrong. then i saw my doctor and found out i have afib, and that means there's about a 5 times greater risk of stroke. symptoms like irregular heartbeat, heart racing, chest pain,

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>> attack ever. >> directed at the city. joining us now from. >> jeddah. >> saudi arabia, is nbc's keir simmons. >> keir. >> great seeing you. what are officials saying about the summit and what they've been talking about just today? >> there's a positive atmosphere jose. tammy bruce, the state department spokeswoman, as they went back into the meetings saying, fingers crossed. there are a lot of things to talk about. and that may be why they've been in there for hours now with a short break. and they are still in there. but when you think about just all of the different issues that have been laid out by secretary rubio, for example, saying that they want to hear what the position of the ukrainians, that there will be conversation potentially around territory and whether the ukrainians would have to give up territory. we know also from president zelenskyy that he wants to talk about handing back prisoners, including children, that he wants to talk about reconstruction, that he wants to talk about security guarantees. that's still being talked about the ukrainians, despite the bust up in the oval office. and then

there is this proposal from the ukrainians of a kind of partial ceasefire in the air and in the sea. hard to know exactly how that's going to work. it seems as if the idea is going to be that it is presented to the russians, and they are going to see whether they can get somewhere. but i don't think at the end of all this, we're necessarily going to have a big announcement or the signing of a minerals deal or something like that, more of a potentially. and we're not there yet, but potentially kind of just positive statements. one more thing, jose. you mentioned those drone strikes on moscow, strikes two on ukraine in recent days. the russians escalating. so it's the language of war between ukraine and russia when they speak to each other directly, and the russians saying, we're not in a hurry. the kremlin spokesman saying we shouldn't be wearing rose tinted glasses. steve witkoff, the us envoy for president trump, on his way to moscow, according to a source familiar with his movements. jose. >> keir simmons in jeddah, thank you so very much, kira. appreciate it. and joining us

now is ambassador steven pifer, a nonresident senior fellow at brookings. he's also the former senior. director for russia, ukraine and eurasia on the national security council and former u.s. ambassador to ukraine under president clinton. ambassador, it's always a treat. >> to see you. >> what's your read. >> so far on what may or may not be happening in these meetings in in saudi arabia? well, the. >> few hints that you. >> have seen thus. >> far say the talks may be making a little bit of progress. i think secretary rubio's task. >> was to understand. >> where ukraine might have some flexibility. and. hopefully he's getting also. >> a sense from the ukrainians of what ukraine will need. >> i mean, there's been a lot of talk. >> for example, that ukraine. >> needs to make territorial concessions. and i think that's probably understood in kyiv. >> but what. >> the ukrainians want, though, is some firm security guarantees, because what they don't want to do is accept some territorial loss now. >> and then, three. >> years from now, have the

russians invade again. >> yeah. i mean, and this whole issue that heading into this and it does seem clear that even before that blow up at the white house, that the united states, through secretary of state, rubio and others had been speaking with the ukrainians specifically about that joint venture on rare earth minerals, as well as, for example, the discussion about and you just mentioned it, the possibility that ukraine may, as part of a final peace agreement, have to lose some land that they lost to the russians recently. i'm just wondering, with all of that, there is do you. >> see a. >> possibility for a substantial peace. agreement that could be carried out? >> i think it's possible, but it's going. >> to be a very. >> difficult negotiation. >> and sometimes i worry that when president trump talks. >> about a fast negotiation.

>> he may not fully understand. >> the. complexities of these issues and how deeply. >> the sides are. >> dug in. and also. >> there's a missing piece, i think. >> is while we've. >> seen pressure last. week on ukraine, with the decision by the white house to cut off the flow of american arms and to. cut off. >> intelligence sharing, we have. >> not seen. >> any pressure by washington. >> on. >> the recalcitrant party, which is moscow. >> i mean. >> zelensky has suggested he's prepared to be flexible. last thursday. >> in moscow, putin. >> said. >> we're not going to make any concessions. >> and if the. >> administration wants to bring the sides together, it's got to be. >> looking at ways to put pressure. >> on the. >> russians and to make clear to the russians that if they don't end the war, the. costs to moscow will increase. >> now it's the. >> cost of war. increasing may be a price that putin is willing to pay, at least for the short or even mid term. right? because

he doesn't have the same pressures that other countries or governments would have. >> by just. >> the bleeding of, you know, his armed forces. nbc news has learned that president trump's envoy, steve witkoff, is expected to travel to moscow this week. what do you think that would do? and what are the issues that mr. witkoff could demand from the russians? well. >> i. >> would hope. >> that when he goes to. >> moscow, he tries to. get a sense from the russians. where is there some flexibility. >> in the. >> russian position? if you look at the russian position going back to february 2022, it's. only hardened. and let me just give you. an example of how i think. outlandish the. >> russian demand. >> is. >> right now. the russian. >> demand is that. >> ukraine has. >> to cede territory to russia, that the russian military does not even occupy. and so. >> again, if. >> there's going to be a. >> serious negotiation. >> there has to be some indication. >> that the russians are prepared to moderate.

>> their demands and move towards. some middle ground. so far we haven't. >> seen that. >> and the trump administration is not going to be able to succeed unless it can persuade moscow that it. >> has to come. >> and meet some of the. >> towards the middle and. >> and find some compromises. i think at the end of the day. >> that's going to. >> require that the trump administration begin to apply more pressure, tighten sanctions on russia, perhaps move with the g7 to seize russian central bank assets. but things that will convince putin that if he continues the war. >> he's only. >> going to see more casualties. on top of 800,000 russian soldiers killed and wounded. and there will be more pressure on the. russian economy. >> ambassador steven pifer, it's always a pleasure. >> to. >> see you. i thank you for your time. >> thank you. >> up next, breaking news surrounding president trump's crackdown on immigration. the ruling just moments ago on his effort to restrict citizenship. i want you to know that diaz i want you to know that diaz balart reports on upset stomach

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>> mounting questions over the future of tiktok in the u.s. >> reporting from philadelphia. >> to. >> el. >> paso in the palisades, virginia. >> from msnbc. >> world headquarters here in. >> new york. >> stay up to date on the biggest issues of the day with the msnbc daily newsletter. get the best of msnbc all in one place. sign up for msnbc daily@msnbc.com. >> 28 past the hour. this morning, nbc news has exclusive reporting. >> ice agents. >> deported fewer people last month than during the same month a year ago under the biden administration. it comes as february's border crossings marked the lowest month since records began 25 years ago. nbc's julia ainsley joins us now. julia. good morning. what more did you learn? >> well, this is interesting,

jose, because we've heard those arrest numbers that you just put up. those were the border numbers. and we know that's something the trump administration has really been able to boast about. they've been able to arrest 20,000 migrants. that's over 110% increase since biden's monthly average. and then, of course, you have this low order numbers there. but when it comes to deportations, that's something that's been really hard to figure out. and of course, that's what trump ran on, not mass arrests, but on mass deportations. and my colleague laura strickler and i, we got exclusive data from ice that showed that actually, in february 2025, there were around 11,000 deportations. in february 2024, there were over 12,000 deportations. now, that seems like a small number. but when trump campaigned on millions and millions being deported, it is significant to show exactly how successful they've been. now, some of the reasons why those numbers aren't higher and why they were higher under biden is because more people were crossing the border. so deportations included people who were stopped by cbp at the

border, where it's easier to find immigrants and arrest them than in the interior of the country and be deported. so that's one thing. the other, of course, is that they haven't been able to deport people as quickly as they would like, mainly because of a cash issue. they haven't been able to find the detention space, to be able to hold and deport as many people as they're arresting. >> yeah. i mean, julia, the fact that many, if not most of the deportations traditionally occurred at the border when they crossed over, if there are very few or almost none, no one crossing over, you know, that's going to take a hit on the numbers. meanwhile, julia, the u.s. circuit court. >> of appeals. >> has just denied the trump administration's request to lift a ban on the birthright citizenship. executive order? what does that mean? >> that's right. this was in answer to an appeal from the trump administration after a ruling from a judge in massachusetts said that that birthright citizenship, executive order that would make it so that any child born to someone who is not a permanent legal resident or u.s. citizen

would not be considered a u.s. citizen. the massachusetts court ruled that that was not constitutional, and the trump administration appealed that to the first circuit. the first circuit is agreeing with that lower court ruling. now, i have to say this now marks, by my count, at least five courts, three district courts, and now two appeal courts that have said that trump's executive order on birthright citizenship was unconstitutional. so if this goes to the supreme court, which is likely, it will be interesting to see if they will rule against all of these other courts. >> julie ainsley, thank you so very much. appreciate it. up next, vice president vance gives house republicans a pep talk ahead of a vote to avert a government shutdown. but is this going to work? and a palestinian grad student at columbia university detained by ice agents now facing threat of deportation. we've got the very deportation. we've got the very latest. you're watching jose my moderate to severe crohn's disease... ...and my ulcerative colitis symptoms... ...kept me... ...out of the picture. now... ...there's skyrizi.

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>> you. >> 36 partial. >> we are. >> just three. >> days away from the first funding deadline to avert a government shutdown during president trump's second term, and everything is on the line for speaker mike johnson. the house is expected to vote today on a bill crafted by republicans that will fund the government for six months. this morning, johnson urged democrats to back the bill, but he insisted republicans already have the votes. >> we'll have. >> the votes. we're going to pass the cr. we can do it on our own. but what i'm saying is democrats ought to do the responsible thing, follow their

own advice in every previous scenario and keep the government open. it's their choice. >> joining us now, nbc's julie circuit on capitol hill. julie good morning. so with that razor thin majority for republicans, can they carry this. bill through without democrats? >> josie good morning. well, speaker johnson just passed by me and i asked him that very question again. and he reiterated that they have the votes to pass this bill today. a couple of moments ago, house republican leadership actually canceled votes for tomorrow. another positive sign, perhaps, that republicans can get this over the finish line in the lower chamber, which will put a ton of pressure on democrats in the senate. they need seven of them to join all republicans. of course, senator rand paul, for example, a republican who no never votes for crs, already said he's against it. maybe they'll need some more than seven. but nonetheless, if republicans manage to get this through the house today, it will squeeze democrats in the senate who have the choice will be presented with the choice of shutting down the government or keeping it open. that is the

message that johnson had today at his leadership press conference. never mind that republicans, including speaker johnson, before he was in this leadership position, have traditionally voted against continuing resolutions. many of them have voted against. so during the biden administration, under the first trump administration, they don't like these bills. but johnson insists that this time is different. he also told my colleague ryan nobles that this is the last continuing resolution that he will put up. we'll see if he sticks to that. he says the white house wants to get back to regular order. this funding bill, remember, maintains status quo, essentially maintains biden era spending levels. it pluses up some defense spending, which is good for defense hawks in the republican party. but it does cut back some non-defense discretionary items, which is why democrats part of the reason they're voting against this today in the house. of course, we heard leader jeffries say they're going to be a no. we'll see if any democrats break. but johnson feeling confident that they won't need them. jose. >> julie sirkin, thank you so very much. and joining us now, former republican congressman carlos curbelo from florida and former democratic senator heidi heitkamp from north dakota. she

is a director of the university of chicago's. >> institute of politics. >> carlos, i see that you're in d.c. today. how do things look for speaker johnson? right behind you. well, it's a beautiful. >> day in d.c. we'll see. >> what kind of a day it is. >> inside the capitol. >> and i'll. >> tell you. >> this vote this evening is very important because it could mark a shift in power dynamics in the capitol. we know that for years, over a decade, republican speakers have. relied on democrats to fund the government for these big votes. to omnibus bills, continuing resolutions. if house republicans can pass a bill on their own. tonight without democratic votes, that would mark a big change. that would mean that house republicans now are more coherent, are organized, can rely on their own party to get basic things done, and it would significantly weaken the democratic majority, even though it's a significant majority,

just a handful of votes away from being a majority. this would mark a very, very big shift in what we've seen on the hill for quite some time now. >> senator. >> how do you see that? is there a potential. >> shift in the power dynamics in washington, d.c, on capitol hill? if speaker johnson is able to carry this cr through without one democrat vote? >> well. >> his first big test. >> was the budget, and he. >> was able. >> to. >> get that budget resolution. >> passed with no democratic votes. so i, i this isn't shouldn't be a big surprise for a lot of. people that he. >> can. >> do it. i think that. >> having president. >> trump be basically i wouldn't say. >> bully. >> but pull out all the stops and. >> get. >> people in line. >> i think. >> that. >> the more interesting question is speaker johnson's been in charge now. >> for two congresses. >> but yet we're still in. >> the cr business. and so he passed a budget. he got. >> his his. >> budget target numbers. why

isn't he actually. back to. >> regular order? >> and i'll tell you why. >> because there's no way you can cut almost $1 trillion. >> out of. medicaid and get. >> your people. >> to vote. >> for it. so this is the easy stuff. this is the easy stuff. and i think it puts a lot of pressure on chuck schumer. >> it puts. >> a lot of pressure. >> on the democrats in. >> the senate. >> we'll see how they respond. >> but i this doesn't surprise me. >> and i don't. think it's a shift necessarily. i think it's a punt. >> and, senator, so what is the responsibility of the senate and senate democrats if this cr bill does get through the house? >> well. >> i don't think that. >> the democrats. >> are going to want to be responsible. for shutting down government. and that's that's exactly. >> where the pressure. >> is going to be. it's going to be on senate democrats. and so i think it's. >> a question of whether you you. >> do this and live. >> live to argue. >> another day. but one of the things there is a pretty. sizable shift in this, in this. cr from. plussing up. >> defense spending at the same

time that the president is telling the new. >> secretary of defense. cut, cut, cut. >> well, i mean, why do you need to plus it up if you're. cut, >> cut cutting it. and it also. >> does take some. >> money out of discretionary domestic spending. and so that's always been the bargain. >> for exchange. >> between democrats and senate. you know, we will cut the exact same amount or plus up the exact same amount in defense. if you give us discretionary domestic spending. and so. >> we'll see. >> how that bargain holds. >> but you know. >> thi is going to this is going to play. out i. think that we aren't going to shut down government. that's my prediction. >> and carlos meanwhile the markets are they i mean yesterday. was just a one of the worst days on wall street in some time. and there's still talk, of course, about where could we be heading towards a recession. the white house defended the. president's agenda in a statement last night. it read it reads partially, quote, president trump delivered historic job wage and investment growth in his first term and is

set to do so again in his second term. >> how do. >> you see it so far, carlos? >> look. >> this is. >> the. >> number one issue. and president biden and his team, vice president harris learned this the hard way. they did not win the last election because americans were frustrated about the economy. now the trump administration is asking for patience for time. >> but at the end. >> of the day, what people care about is the cost of goods. it's their 401 k plans, their bank accounts, and. these first few weeks have been very unstable. and we know the president is trying to introduce new economic dynamics. all this whole tariff regime, i think the american people might give him a little bit of time. but if we continue seeing this instability in the markets, if people's bank accounts 401. s keep going down, it's really going to put pressure on the white house and specifically on congressional

republicans who will face voters next year to try to. stabilize this economy a little bit, introduce some predictability so that things can get. back on track. >> and senator, last night, president trump adviser elon musk discussed his priorities at d.o.j. on fox business. take a listen to some of what he said. >> the goal here is let's not have america go bankrupt with waste and fraud. the waste and fraud in entitlement spending, which is all of the which is most of the federal spending, is entitlements. so that that's that's like the big one to eliminate. >> waste and fraud in the entitlements but entitlement. senators, you know better than anybody else include medicaid, medicare, social security, so many other things. so what do you think people hear when they think that? when they hear that. >> well, they. >> hear if he's going to do to social security and to medicare what he's been doing to the rest of the federal government, we're in big trouble. i mean, he

didn't get the memo. this is the. >> holy grail. you even mentioned. >> any kind of restrictions or. reductions in those programs. medicare and social security in particular. you are touching on an area that is going to ignite a lot of concern in even my parts of the country. >> and so, you know. >> as it relates. >> to running the economy. >> it's amateur hour over at. the at the white house, you saw that he's. doubling now the aluminum and. >> steel. >> tariffs on. on the folks from. >> canada on the. >> imports from canada. that's going to have a ripple effect in the. >> supply chain. >> they don't really know what they're doing. they're reacting emotionally and not in any smart way with this economy. and you're seeing the stock market. which isn't the economy, but it certainly is an indication of confidence in the economy. you're seeing the stock market respond to amateur hour in the in the white house and running this economy. >> carlos curbelo and heidi

heitkamp, thank you both so very much. up next, more protests expected today in new york city demanding the release of a columbia university grad student who helped lead a pro-palestinian protest last year. he is now facing deportation despite having a green card. you're watching jose green card. you're watching jose diaz-balart reports on you know what's brilliant? boring. think about it. boring makes vacations happen, early retirements possible, and startups start up. that's why pnc bank strives to be boring with your money. the pragmatic, calculated kind of boring. my mental health was better. but uncontrollable movements called td,tardive dyskinesia, started disrupting my day. td felt embarrassing. i felt like disconnecting. i asked my doctor about treating my td, and learned about ingrezza. ♪ ingrezza ♪ ingrezza is clinically proven to treat td, quickly reducing td by greater than five times at two weeks. number-one prescribed ingrezza has dosing that's always one pill, once daily. and you can keep taking most mental health meds.

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columbia grad student. a permanent u.s. resident with a green card who led pro-palestinian protests on campus and was arrested and detained by ice. a hearing for mahmoud khalil is scheduled for tomorrow, a day after federal judge ordered he not be deported by the trump administration. as the court considers a legal challenge. nbc's emilie ikeda joins us now from columbia university. emily, good morning. what's happening today? >> hey there. good morning. >> well, a. >> petition calling for mahmoud. >> khalil's release has. >> now exceeded. >> 2 million signatures. as anger and outrage spills into the streets, not just here in new york city, but in cities across the country, coast to coast, including protests planned for chicago today. also across the country. >> in california. >> as well, with protesters saying this is an infringement. infringement on the freedom of speech, some people saying it is one of the biggest threats to the freedom of speech in some 50 years or so to. you may recall that khalil was arrested from

his university owned apartment. >> on saturday. >> night in front of his his pregnant wife. she's eight months pregnant. she's speaking out for the first time. releasing a statement, pleading. >> for his. >> release. >> asking people to see. >> it through her eyes and that she hopes and wants him to be by her side when they deliver their first baby. overnight, we are gaining some new insight from court documents that shows that khalil had actually reached out to the interim president here at columbia university the day before he was arrested, asking for legal protection and legal help. expressing concerns over recent threats, he said he was being doxxed. >> in the. >> days leading. >> up to his arrest. i spoke with protesters who are. >> calling. >> for his release. take a listen here. >> it's a. >> terrifying moment. >> people are being disappeared under our government's. >> watch with no recourse. >> no charges. and it's a massive. >> escalation that everybody. >> should be. >> concerned about. >> and president trump says that this is the first of many

arrests to come. the dhs saying that khalil, quote, led activities aligned to hamas. though it's not clear if. >> he. >> is facing. >> a what, if any, charges. >> so say. >> emily in new york city. thank you very much. up next, what's behind a deadly wave of violence in syria? we're talking about in syria? we're talking about hundreds dead. you're watching baby: liberty! mom: liberty mutual is all she talks about since we saved hundreds by bundling our home and auto insurance. baby: liberty! biberty: hey kid, it's pronounced "biberty." baby: liberty! biberty: biberty! baby: liberty! biberty: biberty! baby: liberty! biberty: bi-be-rty! baby: biberty! biberty: and now she's mocking me. very mature. mom: hey, that's enough you two! biberty: hey, i'm not the one acting like a total baby. mom: she's two. only pay for what you need ♪ liberty. liberty. liberty. ♪ baby: liberty.

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with everyone in their area. oooh. you know, it's kinda like when you bring a really big cake for your birthday, and then there's only a little, tiny sliver left for the birthday girl. aw. well, wish her a happy birthday. happy birthday... -it's... ...to her. -no, it's me. have your cake and eat it, too. don't settle for t-mobile or verizon 5g home internet. get super fast xfinity internet you don't have to share. forty's going to be my year. mason. >> 57 past the hour. right now, syria is facing one of the deadliest eruptions of violence the country has seen since its civil war broke out 14 years ago. over the course of just the last three days, more than 1300 people have been killed, including more than 900 civilians, according to the britain based syrian observatory for human rights. many of those christians. joining us now is nbc's matt bradley. matt, what exactly is going on there?

>> yeah, well, we're seeing. >> actually an interesting split screen in syria right now, two very. different developments on polar opposite sides of the country, both of them saying. >> very different. >> things about the future of this fractured and still delicate nation following 15 years of civil war that has really broken it apart. >> now, as you mentioned, just a moment ago. >> there was. >> that fighting in the northwestern part. >> of syria that has killed, well, more than. >> a thousand people. >> and this all started late last week when members of the alawite. >> minority. >> and that is a minority, a religious minority. >> that. >> is. >> connected to. >> the former. >> dictator. >> bashar al-assad. bashar al-assad and his family are alawites. they attacked members of this new regime and. >> that invited. >> a huge muscular retribution by the forces in damascus, joined by. it sounds like it looks like sunni jihadists from elsewhere in the country. >> who are not. >> necessarily regular army. they attacked members of that alawite, again, a shia. >> offshoot minority in the northwestern part. of the.

>> country, right along the mediterranean coast, there killing, well, more than a thousand people and really shaking expectations that. syria might be able to get over its sectarian civil war, the 15 year. long civil war, and move into a new era of liberalism. but then we saw a. new deal between the sdf, the kurds and the northeastern part. >> of the. >> country and the government in damascus that has injected. new hope into the future of this divided nation. >> jose. >> and 1300 plus people lost their lives. matt bradley, thank you very much. that wraps up the hour for me. i'm jose diaz-balart. you can always reach me on social media at jd balart. you can watch clips from the show at youtube, at msnbc.com/jdb. thank you for the privilege of your time. katy tur picks up with more news right now. >> good to be with you. i'm katy tur. we're going to start with breaking news because if you thought yesterday's dc