Welcome to meet the press now.

I'm Kristen Welker.

We have been watching an NBC News special report after a helicopter crashed into the Hudson River,

the extent of the injuries or whether there have been any fatalities

not yet clear. But we will continue to keep a very close eye on this story and bring you

developments as we get them. We do want to turn, though, to fear and uncertainty returning

to Wall Street as stocks tumbled again today, giving up a sizable chunk of yesterday's gains

on renewed concerns about the

president's economic agenda. The Dow ended the day down more than a thousand points,

falling roughly two and a half percent and giving up roughly half of yesterday's gains,

as yesterday's hopes of a trade war detente were replaced by new fears of a runaway trade war

with China and uncertainty over the

future of the tariffs imposed on other trading partners. The White House clarifying today that

tariffs on Chinese imports now total 145 percent. That's 20 percent higher than what was expected

based on yesterday's announcement. And even with yesterday's partial

rollbacks, the White House has still enacted across the board tariff increases in recent days,

25% on imported vehicles and auto parts, 25% on steel and aluminum, 10% on nearly every U.S.

trading partner, plus that enormous 145% tariff on Chinese goods.

During a cabinet meeting today, the president defended his actions while also warning of

short-term pain.

We have Scott here and Howard and some of the people that are working on deals.

And the biggest problem they have is they that I have enough time in the day.

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