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Happening now, breaking news in the red. Mark is this morning down again. All the gains since the beginning of the year

wiped out a new warning from the White House just in. Welcome to our viewers here in the

United States and around the world. Pamela Brown is off today. I'm Wolf Blitzer. You're in the

Situation Room. room. This is CNN Breaking News.

And we begin with the breaking news.

Wall Street right now grappling with the fallout from its worst day of the year.

The down, down right now, 229 points. You can see it right there. There's a lot of

uncertainty over President Trump's trade war since stocks plunging Monday triggering further fears

today of a recession. And this morning, President Trump's Agriculture Secretary seemingly

acknowledging what investors already fear that things could get worse before they get better.

Listen.

The uncertainty is real and the farmers and our ranchers are concerned.

And he's been very clear. It's going to be a little bit bumpy for, you know maybe a few weeks or a few months but at the end his vision and again

what we're effectuating is that our American farmers and ranchers but truly

all Americans will be moving into an era of greater prosperity we call it the

Golden Age here at the White House than ever before well let's go live right now to see it in business and politics correspondent, Vanessa Yerkevich,

who's joining us from New York.

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