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The white house. His twitter feed has been slirnt the last few hours, he met earlier today with his trade team, trying to come up with a response to these new retaliatory tariffs from china, hes signaled that hes not backing down in fact hes trying to convince u. S. Companies to pull out of china all together. Saying the United States doesnt need china at all. And theres a big question this afternoon about what form will this response take. Will we see President Trump today, will he issue a written statement of some kind. Will there be more forceful measures coming from the white house. We dont know as of this moment, but as you pointed out, wall street economists, investors, they have been hanging on every word from President Trump. The markets reacting strongly to everything hes been saying on social media thus far. Really the stakes are quite high for what President Trump will say today. Just hours before he is set to get on an airplane and leave for france for the g7 summit for World Leaders. Lets talk about that, we have new reporting that folks familiar with conversations tell cnn that President Trump has complained about having to go to the g7 for his third time, asking why he had a to attend. So whats going on there, abby. The g7 has always been for President Trump, one of the more contentious of these summits that are convened multiple times in a year with other World Leaders. Remember last year, the president was at the center of this iconic photograph of german chancellor Angela Merkel staring at him over a table practically pointing at him, trying to convince him along with other World Leaders to sign on to this communique document. The president did not want to sign. Thats the kind of environment President Trump is going into. Our sources are telling us the president has been telling his aids, he doesnt understand why he needs to be at the g7 at all. Hes complained about some of the sessions which have been focused on the economy, the oceans. The president pulled the United States out of the climate paris accord the paris climate accord, which most of the other World Leaders signed on to. All of the other World Leaders signed on to. Theres some underlying tension there. The president has wanted to have more venues to brag about his own accomplishments and the american economy. Aids have tried to create some new venues this weekend for him to do that. Theres a sense of dread both from President Trumps part, and the World Leaders who know this is the kind of environment that the g7 often is, Emmanuel Mack roan said this week, theyre not going to have a communique this year, to eliminate the possibility that there will be a contentious fight over the wording of a document, a fight that President Trump might be the leader of, brooke. Wont even have a communique this year. Abby phillip at the white house, thank you very much. Well stand by for that response from the white house on the markets. Back here at home, Jerome Powell is speaking at an annual forum on the same day. The president of the United States questioned whether powell or the president of china was the nations biggest enemy. Alison kossic is tracking the action down at the new york stock exchange. You tell me, what are the det l details on powells speech today and how are investors reacting . Theyre not reacting well. Those tweets are stirring up the selloff youre seeing right now. Theyre close to session lows, you saw investors Pay Attention to all the tweets that President Trump made today both on china and as he sort of pulverized jay powell right there on twitter saying as usual the fed did nothing. But heres the thing. The fed meaning the fed members, the fed chief. Its not an actual fed meeting where decisions are historically made, the expectation that a rate cut or some sort of decision was supposed to happen is really unrealistic, and for the president to go ahead and lash out against jay powell was really out of line, what many investors have told me. Usually when you see a fed chief make a Rate Decision outside of a regular feds meeting, its for an emergency. The last time i looked, its not in any kind of economic emergency. The last meeting for the fed is september 17th and 18th, while there are expectations the fed could go ahead and cut rates again. Jay powell didnt give any indication that that would happen. He did acknowledge that in the three weeks since powell did have that rate cut happen, he has seen more turbulence in the economy. Brooke . Alison, thank you very much. Liz ann saunders, the chief investment strategist for charles schwab. Nice to have you on, liz. Thanks, brooke. Your thoughts on chinas moves today, what do you think their reasoning was for doing this now . Well, i think its reta retaliati retaliation, it was clearly tied to the initial decision to go to 10 on the remaining 300 billion. I think the only thing that was tied to the more recent news was when the Trump Administration split the tariffs, conceding there would be an impact on the consumer with only some kicking in on september 1st. The fact that china timed their implementation of tariffs to that same point made it a more direct retaliation, to have expected china not to retaliate i think was probably foolish to the extent people thought they would sit back. Theyve retaliated. Were basically more than a year and a half into this fight with china. You tell me, is there any hope of a deal being made . Because that is the biggest economic boost we could get. It is, and i think absent a deal which does not look like theres any chance of that happening, at least in the near term. It doesnt look like either side is inned position to do the compromising that would be necessary to get not just a trade deal light, but something comprehensive in nature. I think the hit to Business Confidence and the denting of animal spirits which has led to a rollover of Capital Spending intention plans and eliminating the hope we would extends this expansion by having business spending kick in from what has been more of a consumer economy, i dont see absent a trade deal where you reignite animal spirits, and the notion that the fed, whether they cut by a quarter point or a half a point in september. How much would that whatever ails us. If they do that, if they cut theyre already low, if they cut any more, would that really juice the economy in the way that its necessary . Is infrastructure off the table or anything else that could achieve something i think on the emergencien. On the margin it helps things like housing, but it doesnt solve the uncertainty with regard to a trade deal. It may provide a boost to asset prices which is what monetary ease has done successfully in the last 10 years or so. Its not the elixir for what ails the United States economy. Housing as an example is not a big enough portion of the economy to offset the hit that has come from the lack of Business Confidence. Let me ask you about the fact that trump is demanding the u. S. Companies abandon china. These are the two biggest economies in the world. No ones pulling out. What are the implications when u. S. Business people dont listen to the president and does it show more weakness . Well, he no president has the authority to demand that of companies. You had he tweeted, i here by order you saw that. Those are the words, but he doesnt actually have the authority to do that. And you saw the Retail Federation come out and really push back, and talk about the intry kasi of the Global Supply chain, and this is not something that can be turned on a dime. I think this is what a lot of companies are facing, is that we are so integrated globally, that we have to concede that trade is not somebody wins, somebody loses. When youre dealing with the two biggest economies in the world, the ripple effects, not just through the confidence channels we talked about, but through the trade channels goes well beyond the United States and china. And has had a real dammenening effect on the economy, and i dont see a resolution for that dampening effect. There was a piece in the Washington Post this morning, on President Trump relying on his messaging skills versus hard data, facts from aids showing a slowdown. How much longer can he dismiss this . Well, i think that the fact are to some degree right in front of us, there has admittedly been and still exists a bit of a defining line, a hardline between whats going on in the manufacturing side of the economy and whats going on in the consumer side of the economy, the rub is that were starting to see some of the leading indicators associated with the consumer side. Some confidence measures, the average workweek condensing a pickup in claims. If we start to see the manufacturing weakness morph 23450 the consumer side of the economy in september through december. Then i think that represents a much more difficult economic environment. This notion that the hit from tariffs is still perspective, weve seen it already, weve seen it in the numbers. Weve seen it in the confidence measures, weve seen it in things like the ism Manufacturing Index in new waters and Capital Spending intention plans, its notte es not esoteric any more. We can do the math of what the impact would likely be if those addition altar is kick in, that doesnt include what china just did, and there will have to be some math associated with that too. Thank you for your expertise. I appreciate it. Thank you. As we have been talking, i want to point out that the president s new tweet, after hours of silence, the dow is down 573 points perhaps on the news that seth molten, whoever that may be, has dropped out of the 2020 president ial race. Im glad this is all funny to the president. Whether its farmers losing their livelihoods or workers losing party of their hard earned 401 k s, its hilarious, mr. President. Still ahead here on cnn breaking news about Ruth Bader Ginsburg, she has undergone a new treatment for pancreatic cancer. Plus, Vladimir Putin ordering a response to this weeks missile test. What that could look like. I will talk to the author of an opinion piece that claims President Trump may have inspired more hope and change than president obama. Hell explain exactly what he means by that. Boom goes the dynamite, feels like im taking flight. [sfx poof] [sfx squeaking eraser sound effect. ] i am who i wanna be who i wanna be who i wanna be. Im a strong individual feeling that power im so original, ya sing it louder. I am, oooh oooh oooh oooh Ehhh Ehhh Ehhh ehhh i am, oooh oooh oooh oooh i am his life is pretty comfortable. Then, he laid on a serta and realized his life was only just sorta comfortable. Ive been living a lie. laughs the Serta Icomfort hybrid mattress. Not just sorta comfortable, serta comfortable. [dog barking] [dog barking] [dog barking] [dog growling] [horn blaring] [cat meows] vo the subaru crosstrek. With starlink remote horn lights. Dog tested. Dog approved. I didnt have to call 911. Help. And i didnt have to come get you. Because you didnt have another heart attack. 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Breaking news, Ruth Bader Ginsburg has undergone Cancer Treatment this time for her pancreas. What do you know . We know she had this pancreatic tumor removed. And according to the press release, they say there is no evidence of disease we want to be careful with that term. No evidence of disease. Thats a good thing to here. There can later be evidence of disease unfortunately, and that doesnt happen to cancer patients. I was speaking to dr. Otis frawley. He explained she had pancreatic cancer ten years ago, you can tell from her treatment it was localized it was very small, it hadnt spread. They caught it because they were doing a ct scan for another any reason. Now theres a tumor on another part of her pancreas. He said, look, people can be treated for this and live for years hes seen it happen. He said im not going to give you a number. He didnt treat her, he doesnt know anything about her case. I have seen patients in this situation get treated and live for years. Its no guarantee, if i patient asked you, whats the prognosis, what are the chances, i would tell them, impossible. Shes beaten cancer several times over as you and i discussed last hour. Shes one tough 86yearold. Thats so important, that shes healthy. Thank you so much for that. Breaking news out of illinois, Health Officials announce what could be the first known death from a severe lung illness that could be connected to vap something. Yes, there are these cases popping up, typically Young Healthy people that develop these possess pir torespiratory symptoms. It could be from vapping, were not sure. The fact that so many of people were young and healthy, the only thing they can think of is that maybe its vapping, maybe its something else, theyre looking into it, the cdc just had a call with reporters where theyre looking into 193 cases like this that are being investigated in 22 states. People who get very sick and it may be because of vapping. They have to find out if thats the cause. Coming up next, this bizarre tail out of russia, government officials confirming a doctor tested positive for Radioactive Material after he treated patients from an explosion at a military site. Listen to this, russia claims that the doctor wasnt exposed to radiation from the blast, but rather seafood he ate that was contaminated by the fukushima disaster. Well ask a Nuclear Expert about that, well be right back. Your sleep number setting. Can it help keep us asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. And snoring . No problem. And done. So you can really promise better sleep. Not promise. Prove. And now, all beds are on sale save 50 on the sleep number 360 limited Edition Smart bed. Plus 0 interest for 24 months and free home delivery. Ends saturday. For adults with moderately to severely active Crohns Disease, stelara® works differently. 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In that press conference which as you said, was quite unannounced and came surprisingly, he seemed downright angry at this u. S. Missile test, the fact that this missile was tested 16 days after the imf treaty shows that the u. S. Got rid of that treaty on purpose, and that the u. S. Was planning this for a long time. The u. S. Says that it went out of this treaty because the russians were the ones they had been cheating. What Vladimir Putin is saying when he says theres going to be asymmetrical response as he put it, he says thats going to be a tit for tat response. Its unclear whether hes going to deploy new medium range weapons in the not too distant future, it seems judging by his body language, he could be one step closer to a Nuclear Arms Race between u. S. And russia. Thats a very real be possibility. Let me ask you about this bizarre Development Today in that Russian Military explosion that killed those five scientists. Officials confirmed that one of the First Responders was found to have radioactive isotope with cesium 157 in his muscle tissue. Youre hearing a strange explanation as to why. The russians said there was not a radiation spike, then there was. Now, russian opposition media, this is key. Is now reporting that two of the people were killed died of radiation poisoning. Official russia has not con 23ir78ed that yet, however, they did confirm today that one of the doctors who was treating the victims has the seize yum isotope in his muscle tissue. Now, they then said and this is where the explanation gets bizarre, that they dont believe this came from treating people who were exposed to some sort of radioactive explosion, but that he probably ate seafood as they put it, he was on vacation somewhere in asia, and they believe he may have consumed a crab from the fukushima region rather than it going back to the people he treated after a radioactive explosion. It is something that seems quite strange to say the least, brooke. Im no expert, but im about to talk to one. Edwin, seize yum 111. Is it in the realm of possibility that it could be in there from crabs from the fukushima area . Its in the realm of possibility but it could have come from a lot of other places as well. An isotope like cesium 1. Comes from a lot of different ways. It was injected when we tested atmospheric or Nuclear Weapons in the atmosphere when chernobyl exploded. When fukushima exploded and released cesium 1. If youre this doctor, how worried are you. We dont know what the level of exposure is, so its hard to tell. Its true you have to if you inhale or ingest cesium will end up lodged in your muscle. It does have a 30 year half life. This is not the only nuclear headline to come out of russia today. They Just Launched the worlds first Floating Nuclear reactor to the arctic. Greenpeace is calling it floating chernobyl are you concerned about this . Im concerned about it. I think floating chernobyl is a different situation i am concerned about the push for building small transportable reactors its not just russia doing, the United States wants to do it as well. The department of defense issing looing at building small reactors for deploying military basis overseas. Because theyre small and transportable. They dont have the containment structures that are needed to contain radiation in the event of an accident. Edwin, thank you very much, nice to have you on. After several incidents of bad behavior and scandal, the commander of the navy s. E. A. L. S. The dow still plummeting as the president warns businesses after china retaliates. And, of course, as the president sent out a tweet joking about all of this and his joke involves u. S. Congressmen and veteran who served this country in iraq. Banjo . man go home. woman banjo sorry, it wont happen again. Come on, lets go home. After 10 years, weve covered a lot of miles. 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S to write a memo a couple weeks ago saying, we have a problem. That got worldwide attention actually, and green ordered fixes within days. And now today we have admiral greens new memo about just how very unhappy he is about whats going on, and what hen watts to do about it, let me start with him saying right off 9 top, he says, our force has drifted from our navy core values of honor, courage and commitment and he says its due to a lack of action at all levels of leadership. He goes on to say, the drift stop now, it doesnt get much tougher than that. The actions admiral green is ordering, there will be more direct oversight over any allegations of misconduct, more attention paid to issues of misconduct involving sexual assault, alcohol abuse, more attention paid to issues like suicide, discipline action will be very heavily regulated. Even grooming standards that s. E. A. L. S have to show up to work on base in their uniforms with the correct haircuts and grooming standards. Hes trying to reinstill discipline. It is one thing for navy s. E. A. L. S to be the commandos who operate fairly secretly around the world, the toughest of the tough doing the jobs that are so difficult that no one else can do, but what admiral green is saying to the navy, and saying to the navy s. E. A. L. S, you are not that special, you have to adhere to discipline, you are part of the military community. And your duty, this is really his message, your duty is not to your teammates, not to protect them, but your duty is to the country honor, duty, courage, commitment, hes trying to reinstill this, the s. E. A. L. S know they have a big problem, admiral green knows he has to do something to fix it. Brooke. Bash remark thank you very much. Coming up next, a fascinating take on why the Trump Presidency may be good for progressive change in this country. The author of a cnn opinion piece, trump is doing what obama couldnt joins me next. Feels like im taking flight. [sfx poof] [sfx squeaking eraser sound effect. ] i am who i wanna be who i wanna be who i wanna be. Im a strong individual feeling that power im so original, ya sing it louder. I am, oooh oooh oooh oooh Ehhh Ehhh Ehhh ehhh i am, oooh oooh oooh oooh i am todays Senior Living communities have never been better, with amazing amenities like movie theaters, exercise rooms and swimming pools, public cafes, bars and bistros even pet care services. And theres never been an easier way to get great advice. A place for mom is a free service that pairs you with a local advisor to help you sort through your options and find a perfect place. A place for mom. You know your family we know Senior Living. Together well make the right choice. His life is pretty comfortable. Then, he laid on a serta and realized his life was only just sorta comfortable. Ive been living a lie. laughs the Serta Icomfort hybrid mattress. Not just sorta comfortable, serta comfortable. I like to make my life easy. romo mode. beep bang good luck with that one. Yes thats why i wear skechers slipons. Theyre effortless. Just slip them right on and off. Skechers slipons, with aircooled memory foam. Were staying on this breaking news today that Ruth Bader Ginsburg has undergone Cancer Treatment for her pancreas. Lets get to a director of the Pancreatic Cancer Center at nyu. Thank you so much for calling in. It said that Justice Ginsberg has a localized malignant tumor and no treatment is needed at this time. Is she okay . What do you make of that . Certainly locally confined pancreatic cancer, radiation can be an effective treatment for local control. I think knowing more of the details about the extent of the tumor. Whether that involves any of the major blood vessels in the area, would help us put things in more context it does sound that the tumor was blocking her bile duct. Which is not uncommon when there are tumors loched in this location. According to reports, shes had a biliary stent put in place, which should relieve any blockage of the bile duct at the current time. So sounds like this is a reasonable approach based on the information we have on hand, well await more details. We know that she has beaten cancer several times over, to quote one line out of this statement, the tumor was treated definitively, theres no evidence of disease elsewhere in the body. Thank you so much. President trump has brought plenty of chaos and change to his first term in office. Trump has become this unintentional catalyst for progressive change in america by angering and energizing the left with his tweets. Some around eye that trump is inspiring that progressive change. The kind of change that president obama could only hope for. John blake is a Senior Writer and wrote this article for cnn. Com. John, you know when you get into the beginning of your piece, its trump thats bringing more hope and change than obama ever could. And you note that some people are looking at that and thinking, that may be blasphemy. State your case . When i first had the thought myself, it made me uncomfortable. I thought it was mass if a my too. I thought about it, because im a student of history. And when i look at significant change in our countrys history. It always comes through some sort of crisis and chaos. The new dereforms would have never come without great tradition. I think people took the wrong lesson from president obamas election. I think some people thought change comes through the better angels of our nature. But i dont think thats how it works, in an unintentional way, President Trump has galvanized so many progressives, theyre doing things she you this have done but didnt do when president obama was in office. When you talk about galvanizing progressives, you use this term trump lash. Right. What is that . The trump lash is what you see when you see so many people that showed up in the midterms. For example, the socalled obama coalition, they evaporated in the midterms in 2010 and 14, they were nowhere to be found. You look at what happened in the last midterm, all these young people that dont vote showed up, all these women that ran for office, Record Number of muslim americans. Latino people being energized, i mean, trump is like a great friend to the Democratic Party in an add way to mobilize these people to get involved. I think apathy and cynicism is the big enemy. You have someone that mobilizes people, even if its anger, the fact that theyre involve d is good. A lot of folks said, we have had a black president. And then along came donald trump. You explain how the 45th president has performed a Public Service when it comes to racism . Yes, well, i think the phrase i use is that before under obama and even before president obama, people had plausible deniability. They could say its no longer a problem we have a black president. You have the tweets, the statements out of charlottesville, we have to face race in this country. We have to deal with issues we would have ignored or denied before. In a sense, you cant President Trump has performed a Public Service. I think also one of the problems with president obama when he was in office. He could not talk bluntly about race. He was a black president who couldnt be too black. And, you know, i think it would have sparked too much of a backlash. Now we have all these ugly issues we have to deal with and thats why we have these conservatives saying, i never knew how bad racism was until President Trump came into office. We have max on all the time, you cite all these examples of how the trump lash has pointed out progressives. I was left thinking, all right, what do we do about it . So there are these two possible futures for america, in the end you quote this poem where she we are the ones we have been waiting for. I love that poem. We live in a time where people love marvel comic books and the avengers. Were always looking for this hero. On the left its president obama, on the right its President Trump. Were looking for that person to save us. But we are the heroes. Right, in a democracy thats how it works, ordinary people have to do it. Its not up to them. Its up to us. We. We are the heroes here. John blake, your piece is phenomenal. Please, everyone, read it, go to cnn. Com. Thank you very much. Thank you. We are ten minutes away from the closing bell. The dow is down 650 points after china threatened another 75 billion in tariffs. Were waiting to see if President Trump retaliates before he leaves for the g7 summit tonight. Waiting for that response from the white house. But first we want to honor this weeks cnn hero, a High School Student by the name of zach weigel, set out to prove that gamers can also be dogooders and today hes making video games a part of recovery for children in more than 200 hospitals nationwide. Sometimes people believe that video games are corrupting the minds of americas youth, but video games are incredible tool for helping kids find a source of fun and relief during stressful and difficult times. To people who think that games are just games, they are so much more than that. Thats all you. You dont have to talk about me being sick. We can play the game, because thats way more cool than having to talk about me being sick. To see zachs team in action go to cnnheroes. Com. [dog barks] [dog panting] [dogs barking] [dogs growling] [dogs whimpering] vo the subaru crosstrek. Dog tested. Dog approved. [dog barks] thinyou can earn more whenwab you invest your cash. You can get a satisfaction guarantee. You can also wonder why our competitors dont offer that. Schwab, a modern approach to wealth management. He borrowed billions donald trump failed as a businessman. And left a trail of bankruptcy and broken promises. He hasnt changed. I started a tiny investment business, and over 27 years, grew it successfully to 36 billion dollars. Im tom steyer and i approve this message. Im running for president because unlike other candidates, i can go head to head with donald trump on the economy, and expose him fo what he is a fraud and a failure. Know what more shrimp ith steak and shrimp . And you know what goes great with that shrimp . Steak and unlimited shrimp and this year, with two freshly made sides, youll get more than you imagined. Hurry into outback now for our steak and unlimited shrimp. Outback steakhouse sleep number 360 smart bed. You can adjust your comfort on both sides your sleep number setting. Can it help us fall asleep faster . Yes, by gently warming your feet. But can it help keep us asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. So you can really promise better sleep. Not promise. Prove. And now, all beds are on sale save 50 on the sleep number 360 limited Edition Smart bed. Plus 0 interest for 24 months and free home delivery. Ends saturday hey i live on my own now ive got xfinity, because i like to live life in the fast lane. Unlike my parents. You rambling about xfinity again . Youre so cute when you get excited. Anyways. Ive got their app right here, i can troubleshoot. I can schedule a time for them to call me back, its great you have our number programmed in . Ya i dont even know your phone anymore. Excuse me . what . I dont know your phone number. Aw well. He doesnt know our phone number you have our fax number, obviously. Todays xfinity service. Simple. Easy. Awesome. Ill pass. During the height of his fame in the 70s, the name halston was synonymous with fashion and style and grand slammer. A new cnn film looks at the iconic designers meteoric rise to fame and his status as a groundbreaking stylist to stars like Jackie Kennedy. He was dealing with the creme de la creme of women in the world. Were you the person who put the pill box on Jackie Kennedy . Yes, i was. That hat was genius. If you look at the inauguration, most of those ladies wore a mink coat. Jackie was in a cloth coat, and a cloth hat. I never forget the impact that hat had. It was even out in montana, where i was sitting at the time. It was a funny story. It was a rather windy day and she put her hand on the hat and it ended up to have a dent in it, so when doing all the ceremonies it had a dent in the hat, and everybody copied it put a dent in it, which was so funny. The film also follows the ultimate loss of his fashion and life sometime empire that mystified industry insiders and the general public alike. Lisa zaye was halstons assistant for nearly ten years at the end of his career. She also we know her, we love her at cnn. She works with us at cnn. So good to have you on. Thank you. Lets talk about your past life with halston. What was he like behind the scenes . He was demanding. He was a perfectionist, and he was very generous. What was it in terms of his designs . What was so special about them that made them so glamorous, yet also so approachable . The simplicity of it. I mean, they werent fancy. I mean, you had the beads, of course, but they werent fancy. They were very simple. They were timeless. Could you wear them forever. I mean, i still have a couple of items that if they fit, i could wear them. How special is that . It is very special. Yes. At some point he sold his company to the norton Simon Corporation and was eventually pushed out completely unable to design under his own name. Umhum. What kind of toll did that take on him . It was very hard. It was very hard. It was his life. He was sad. He was angry. You know, maybe did a couple things that maybe he shouldnt have done, but business wise . Yes, maybe choices. Yes. But you know what . He was always positive. He was trying to get back in the saddle, so to speak. He was looking to start another company under his initials that you know, that would have the halston name but would have the halston style. Thats what he was working on before he died. That was lisa zay. We love you, lisa, thank you for that. Reminder, halston airs this sunday night at 9 00 eastern and pacific only here on cnn. Im brooke baldwin. The lead thanks now. I hereby order a margarita on this desk at 5 00 p. M. I wanted to see if that can work. The lead starts right now. President trump tosses a grenade into the market, sending an order fit for a communist leader. And says that chinas president might actually be a safer choice than the head of the fed. Breaking this afternoon, news from the supreme court. Justice Ruth Bader Ginsburg treated for pancreatic cancer. The latest on the 86yearold icons recovery and what it could mean for the court. Plus a scam almost as old as the internet itself. Still costing many vulnerable elderly women millions. A massive fbi bust and why you should just delete any message asking you to help smuggle diamonds. This is cnn breaking news. [ bell ringing ] welcome to the lead. Im erica hill in for jake. Breaking news in the money lead. You just heard the closing bell there on wall street, and you can see wall street nose diving. President trump dramatically escalating his fight with china, and his own Federal Reserve chair. The dow plunging more than 600 points ahead of the president s critical trip to the g7 summit this weekend. Cnns alison kosik is at the new york stock exchange. China slapping tariffs on 75 billion in u. S. Products today. Is that what spooked wall street to this point . You know what, erica, i think thats part of it but i think the bigger part impacting the market was President Trumps tweet tirade that he would be responding to chinas

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