welcome everybody at the Jim Acosta show. It is Thursday. Apparently, I guess it's one day after

Liberation Day, and a lot of people are feeling liberated from the money that was in their

bank accounts 24 hours ago, 48 hours ago. We're going to call this Trump's Market Meltdown

today. You can see Elise Labett,

foreign policy correspondent is with me. And we're going to talk to at least in just a moment.

I'm going to run through some of these headlines here because it's extraordinary what's

happening right now. I just checked the CNBC website a few moments ago. And as of 4 o'clock

Eastern time, the close of the markets, the Dow is down

almost four percentage points, down nearly 1,700 points. Just extraordinary. The Drudge Report main

page has George Washington with a black eye on the dollar bill. The headline is tariffifying,

if you guys are following along there. At least I'm sure you get that. And indeed it is.

The Associated Press reports, U.S. companies had billions of dollars in value wiped out after

President Donald Trump slapped sweeping tariffs on foreign imports.

CNBC reports. Stocks took a nosedive today, sending the S&P 500 back into correction territory.

Shares of multinational companies tumbled.

Elise, I was looking at this earlier this afternoon.

Big names, Nike and Apple dropping 13%, 9% respectively. Big sellers of imported goods were among the

hardest hits. Companies, five below, lost 26%. These are names people recognize folks in Main Street

America, MAGA America, Dollar Tree tumbled 11%. The gap plunged 20%. Invvidia, a lot of guys out there are invested in

Nvidia. That was off 7%. City Bank, Bank of America, down 11% and 10% respectively. And this was the one,

at least you and I might relate to this one. I mean, anybody who likes to go shopping for furniture,

restoration hardware is a

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