Fast money starts right now.

Live from the Nasak market site overlooking New York City's Times Square.

I'm Melissa Lee.

Tonight's lineup is Carter Worth, Tim Seymour, Jeff Mills from PNC, and Dan Nathan.

Tonight, crude getting crushed, sinking another 5% a day now down 16% this

month is a commodity in for a crude summer. We've got the details plus apple

rotting. The stock coming it's worst month since November sticking deeper into a bare market,

but there might be some signs of life growing in the charts.

We start off with the market sell-off the Dow, dropping 300 points having its worst month of the year,

as President Trump announces a round of unexpected

tariffs on Mexico as trade talks stall out.

There's a fresh slate of trade victims.

Everything from autos, retailers, to restaurants, to railroads all taking hits today

as Wall Street tries to digest just how big this impact could be.

So now we are fighting a trade front, trade war with China on two fronts, China and Mexico.

What does a market look like with no end in sight for these trade battles, Tim?

Hi Mel, well, you know, it also tells you that tariffs are now being used really for any circumstances.

So this isn't about protecting intellectual property, this isn't about

control of technology, this is about politics, this is about people coming across the border, this is about

elections, and it's about what it's done on a two day move to look at bond yields.

You went from 228 to 211 to 212-ish, roughly on the 10-year.

Look at gold to two-day move of almost 1.5%.

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