so good to have you with us here. i'm christi paul. >> i'm victor blackwell. good to be with you. [ bell ] [ cheers ] >> and there goes the bell. look at those numbers, down 623 points. what a week. >> yeah. so this sell-off was driven by president trump's response to new retaliatory tariffs from china. and the fed policy. president trump is butting heads again with beijing over tariffs. he imposed more tariffs on china after being -- after beijing, rather, announced a fresh round of tariffs on about $75 billion worth of u.s. goods. >> president trump announced the tariff hike in a tweet. here is part of that series. starting on october 1st, the $250 billion of good the and products from china current lll being taxed at 25% will be taxed