Welcome to meet the press now.

I'm Kelly O'Donnell.

At the end of a historically volatile day of trading on Wall Street, it has been a wild ride with huge swings in both directions after stocks plummeted last week. The Dow alone experienced a 2,600 point swing today. It's biggest ever. Finally, ending the day down more than 300 points. The S&P 500 at one point

today hit what traders call a bare market down 20% off recent highs. This is a time lapse of

trading today as investors seem to be hanging on every word and every tea leaf from the president

and the White House, with tariffs at levels not seen

in 100-plus years about to go into effect, and conflicting messages about potential off-ramps,

negotiations, or even more tariffs. The president today, threatening to impose an additional

50 percent levy on imports from China, unless it rescinds its retaliatory

tariffs on the U.S. The president also holding a meeting with his close ally, Israeli Prime Minister

Benjamin Netanyahu. After earlier today, touting on social media the possibility of, quote,

negotiations with other countries on tariffs.

Now, despite some White House officials saying just the opposite, moments ago, President Trump

told reporters that he is considering, he is not considering a short-term pause on the new

tariffs, but that he is willing to be engaged in negotiations.

We have many, many countries that are coming to negotiate deals with us, and they're going to be fair deals.

And in certain cases, they're going to be paying substantial tariffs.

There'll be fair deals.

We're going to have one shot at this, and no other president's going to do this, what

I'm doing.

We'll be talking to China.

We'll be talking to a lot of different countries.

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