take that podium. she will have a lot to answer to, including the president not being a target in the russian probe. china, beijing wasting no time, counterpunching against the president's latest tariff on its products, china announcing tax on 106 exports, including the crucial soy bean. more on how that really matters in a moment. watch this scroll here of the nearly 1300 chinese goods the u.s. is proposing will be taxed. aviation parts, scales, so much more on the list. and that news sent markets deep, deep in the red, tumbling some 500 points by mid morning. we'll take a look at the dow now. all right. so rebounded up 131 points. first signs of the upswing came after these comments from president trump's new chief economic adviser, larry kudlow.