Top economists at some of the world’s largest money management firms took a region-by-region approach to their outlook interviews with Pensions & Investments, revealing that what happens in the U.S. under a second Trump administration is key for the rest of the world.

From the impact of Trump’s tariff proposals to tips for setting your financial goals for the new year, NBC’s Christine Romans joins TODAY to break down what you need to know about the economy heading into 2025.

Bloomberg’s Peggy Collins weighs in on President-elect Trump saying he will not pare back his tariff policy and states Trump sees his tariffs as a negotiation tool and revenue raiser. Peggy speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s “.

The Washington Post reported, citing three people familiar with the matter, that Trump's aides were drawing up plans that would see an across-the-board tariff that applies to every country but only covers imported goods deemed critical to national or economic security,

President-elect Donald Trump took to Truth Social on Monday to deny a report that he might moderate plans for across-the-board tariffs when he retakes the White House, fanning uncertainty about one of the most hotly anticipated policy moves he’s set to make.