we can retaliate and put tariffs on u.s. products like peanut butter, cranberries and orange juice. as we heard the opening bell ring, we see the market falling more. the dow down about 300 points. john, back to you. >> christine romans here with me. i call this the gary cohn moan. you mocked me, but it was true. the minute that announcement was made yesterday, you saw all these financial indicators react. he is their guy, was their guy in the white house. he's a globalist. if you're a trump person, you say that's a bad word, globalist. but to stock market investors, globalism is a good thing because it's allowed the united states and other countries to grow and prosper for many, many decades now. gary cohn is someone who many thought helped the president stay away from tariffs like announced last week until now. he helped usher in the tax cuts which wall street loves.