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step forward. >> colonel jack thank you for coming on. the big board down 300 points now. that's because stocks are in a free fall this morning. why? klein. the new tariffs on u.s. products, trains planes and more. the white house has basically said stop freaking out this is all going to be over soon enough. here's wilbur ross. >> this has been coming for quite a while, anyone who thought the chinese wouldn't do nothing when we put on the measures that we did just wasn't paying attention. this is not world war iii. >> msnbc stephanie ruhle is back with us. i have a feeling you may have a thought on that -- >> really. anyone who thought china was going to do nothing. just a few weeks ago his side quick said other countries are

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