By china. There it is right now. You can see the dow other indexes all down after china retaliated over the u. S. Tariffs. The dow currently off more than 530 points right now. It started the morning down about 460. Chinas new tariffs as high as 25 on some goods,s 5 to 10 , on about 0 billi60 billion in. In large part targeting u. S. Farmers according to cnbc. Here to try to make sense of all of it, a cnbc contributor and chief economic correspondent for politico. And on duty for us from the white house, and hans, start with you. Any clue how the white house may respond to this . Reporter not yet, craig. Still waiting from white house reaction since we really saw the market open, and those initial tweets from the president this morning. That was, of course, before china decided to threaten to impose these retalia tear tariffs. You mentioned, they dont take effect until june 1. Here was the president s warning, i dont want to say taunt, earlier this morning. I say openly that china will