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Spending. we are cutting taxes. we are putting ourselves in a much less fiscally responsible situation than we need to be for the next time there is a recession. and -- >> the kbrogrowth is up. >> growth is up, but, again, normally, you would expect that when growth is up, tax revenues would be up, and the opposite has happened. so this is historically anomalous. we've never seen this before. the only times when we have seen that decoupling that i mentioned was in times of war. was during the vietnam war. the korean war. that's when you saw, okay, look, we had to spend a little extra money bec...

We have breaking news. a global stock sell off after president trump has threatened an additional $200 billion in tariffs on chinese goods. beijing is warning it will strike back. this raises fears of a traditional war. look at all that red right there and now all eyes on this. these are the futures for the u.s. markets. you can see dow futures down 360 points already. set for a rocky open in about an hour. joining me now is david sanger, author of the new book, the perfect weapon. also cnn political commentator katherine ram pel. we saw all that red. the markets jittery across the globe this ...

It depends on who's running against him. >> martin savidge, cnn, iowa. >> here's another perspective of just how much these tariffs could hurt the gop in november. these are the top soybean producing states in the country, all but two of them voted for trump. let's bring in our panel, former special assistant to george w. bush, scott jennings. "washington post" poin columnist catherine ram pel, and matt lewis. scott, i want to start with you because you have advised a president before. when you see the map, you listen to the people martin talked to, what would you tell the president if you had...

And now, something that would have to be clarified on the white house team. nothing yet on the white house regarding this statement, ana. >> and thank you, for that. and keep us close. and now joining is catherine ram pel. and now, start with the hands of robert mueller. what have you learned? >> we have learned that anything that takes place whether it is your something that you observe or by way of the interview, you are putting it down contemporariously and you have to put it down when you see it or how many days necessary to put it into the testimonial document. clearly mccabe and comey we...

Questioned under oath? my colleague andrea mitchell asked her today. >> let's see what comes. i'm not going to sit here and prejudge. but what i will say is that the investigations that are underway as to the russian involvement in our electoral process are very important. i have an interest in that as an american citizen, as a former u.s. official. i would want to be helpful in that process if i could. >> chief national correspondent for the boston globe, catherine ram pel, opinion columnist at the washington post, chief washington correspondent for bloomberg news. first to you, annie. i thin...