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U.S. stocks fell sharply Monday after China retaliated for President Trump's latest round of tariffs. Here, a trader works on the floor at the New York Stock Exchange as a TV shows the state of the market. Brendan McDermid/Reuters hide caption

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Brendan McDermid/Reuters

An Iranian woman walks past the former U.S. Embassy in Tehran, which bears a mural depicting the Statue of Liberty with a dead face. With just days to go until the U.S. plans to snap more sanctions back into place, questions linger about what the move spells for the world. Aatta Kenare/AFP/Getty Images hide caption

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Aatta Kenare/AFP/Getty Images

President Trump delivers remarks before signing tariff proclamations on steel and aluminum imports at the White House on March 8. Treasury Secretary Steven Mnuchin (second from left), Commerce Secretary Wilbur Ross, U.S. Trade Representative Robert Lighthizer and White House National Trade Council Director Peter Navarro look on. Chip Somodevilla/Getty Images hide caption

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Chip Somodevilla/Getty Images

On Trade, Trump Administration Likes to Leave Other Countries Guessing

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Treasury Secretary Steven Mnuchin (center left) and Commerce Secretary Wilbur Ross (center right) walk through a hotel lobby as they head to a state guest house to meet Chinese officials in Beijing on Friday. The talks included a "thorough exchange of views," Chinese media report. Nicolas Asfouri/AFP/Getty Images hide caption

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Nicolas Asfouri/AFP/Getty Images

U.S. Trade Team Leaves China Talks Without Any Big Breakthroughs

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The Gridiron dinner, like Fight Club, has rules. Rule No. 1: "Singe, don't burn" with your roast-style jokes. Rule No. 2: No photographs, video or tweeting during the ceremony. There are a few more rules, but really, we're just trying to explain why the photograph above is a shot of Trump from last month. Olivier Douliery/AFP/Getty Images hide caption

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Olivier Douliery/AFP/Getty Images

White House Budget Director Mick Mulvaney leaves a Republican strategy session in which he and Treasury Secretary Steven Mnuchin were blasted by lawmakers over President Trump's deal with Democrats. J. Scott Applewhite/AP hide caption

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J. Scott Applewhite/AP

With her Instagram response, Louise Linton, shown at a 2014 Grey Goose promotional event in Scotland, has opened the door for a discussion on a progressive tax system. Martin Grimes/Getty Images for Grey Goose hide caption

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Martin Grimes/Getty Images for Grey Goose

Sen. Sherrod Brown, D-Ohio, questions Treasury Secretary-designate Steven Mnuchin at his confirmation hearing in January. On Thursday, Brown asked Mnuchin for a list of Trump business associates. J. Scott Applewhite/AP hide caption

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J. Scott Applewhite/AP

Senate Majority Leader Mitch McConnell and Scott Pruitt, Oklahoma's attorney general and President-elect Donald Trump's nominee to head the EPA, earlier this month. Mark Wilson/Getty Images hide caption

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Mark Wilson/Getty Images