The fallout over President Trump’s tariffs has begun with layoffs and price hikes hitting Americans as the markets drop. NBC News’ Julie Tsirkin reports from Capitol Hill. Former chief strategist for the Romney 2012 campaign Stuart Stevens and former campaign manager for Julián Castro Maya Rupert join Chris Jansing to weigh in. For more context and news coverage of the most important stories of our day click here: https://www.msnbc.com/ » Subscribe to MSNBC: https://www.youtube.com/msnbc »