the u.s. helped elect the leftist in mexico. >> we lost about 251 points here. the market started cascading as soon as this was official. that the administration wasn't going to go past this extension and deadline. you saw the response here. we should stress for steel makers in this country, they were doing fine. they were one of the few sectors as a group that was up smartly today. market watcher, heather, is here with us what do you think? >> the markets could have been down more than they are. this was a shock to canada and mexico and the european union. it's no shock that these tariffs are imposed overall as they were announced march 8. industrials were getting slammed today. boeing and caterpillar, two big players in that space.