vanessa yurkevich.'s over at the new york stock exchange. so do we know what's behind this whiplash? it went down big time. it opened about an hour or so ago. the markets now it's going back up. what's the latest? >> yeah, well, there was a brief rally initially because the european union said that it was willing to negotiate and that it was considering dropping tariffs to 0% on industrial goods. we actually saw the s&p move into the green. and there were cheers here on the floor of the new york stock exchange. and then there was a little bit of a rumor about moves that the president may be making around tariffs. and we saw the dow cross into the green and then the nasdaq as well. and cheers again on the floor here. but we are back down. we are back down again across all three indices. you can just see how investors are desperate for some good news about this trade war. any inclination that maybe major trading partners, which include the european union, are willing to negotiate is a good sign. as you re

vanessa. >> yeah. one of the items that people are probably going to see prices increase on first are food items. and this is because these are perishable items, things that come across the border every single day. and we import you can see right there on your screen, we import a lot of products and food products because we don't have the capacity or the climate to grow them here in the united states. bananas coming from ecuador, costa rica, brazil. now those countries have a 10% tariff. coffee. we get coffee from brazil, ethiopia, those countries now slapped with a 10% tariff. wine get a lot from italy and france now slapped with a 20% tariff. and ultimately, for the consumer, maybe the only way you could be shielded from prices is if suppliers in those foreign countries absorb the tariffs. however, most economists agree. dana, that's not what is going to happen. the supplier will pass the tax down to the business, and the business will ultimately pass that tax down to the consumer. >> yeah, absolutel

collect myself. >> and i immediately thought of vanessa.use as a parent and as a wife, but as a parent, you never think that you're going to lose your child. >> there were so many people that lost their lives that day. >> aboard were kobe. >> bryant. >> his daughter gianna, members of the altobelli family, john, his wife keri, and their daughter alyssa. sarah chester and her daughter payton were on board. the pilot, ara zobayan, and christina mauser. >> so sad indeed. >> they were simply. >> going to a girls basketball game. >> i think the world actually stood still for a moment. >> players taking 24 second. pauses to start the game to honor the man who, of course, wore 24 for much of his career. >> we all have. >> had our ups and downs and our trials and tribulations. >> he's gotten through all. >> of those and. >> and has come out on the other. end a better man for. >> that. >> hundreds of people. >> have gathered here at the staples center. >> like a family member. i haven't felt this way. >> since my father died. >> one of the. >> reaso

aquÍ estÁ vanessa ok con informaciÓn sobre esto. vanessa.aÑo para enfriar sus servidores. solo un centro de datos de inteligencia artificial gasta entre mil y 3 mil millones de litros de agua al aÑo para el 2027. la inteligencia artificial podrÍa consumir mÁs agua que dinamarca en un aÑo. chatgpt consume un poco mÁs de una botella de agua para escribir un correo electrÓnico de unas 100 palabras. generar una imagen avanzada de inteligencia artificial como esta utiliza la misma energÍa que cargar tu telÉfono mÓvil. la soluciÓn, por supuesto, no es no usar la inteligencia artificial, sino ser conscientes de que la creaciÓn de cada una de estas imÁgenes y cada consulta que hacemos contribuye a este gasto. tambiÉn, por supuesto, exigirle a las empresas reportes de su consumo de agua y crear tecnologÍas nuevas para la refrigeraciÓn que no consuman tanta agua. julio. >> quÉ importante, vanessa. muchas gracias. 100 palabras, una botella de agua. el nuevo torpedo de los yankees de nueva york desata polÉmica tras su rÉcord de jonrones. le mostramos cÓ

there are more people like vanessa and die coming to kenya. that's according to cuba, cash. oh, who runs an african american relocation business? she offers a fresh start for those who are able to afford it. we've gotten a lot of, uh, with tyree's and people who own businesses in the states and have sold their businesses so they live in optim residual income. to services. start at 14500 euros . nearly a quarter of what the average american takes home yearly. the wealth, it's in the defects. and so when we're bringing people to kenya, we're educating them with integrating them versus me painting because you're not me patriot. and so can you and you're not can your american g as employee? terry addresses the concerns that many local young people have about the impact of these new commerce, fun jobs and opportunities. many of the units in can you, i don't have work at that's of the moment. you might feel that's when the african americans are coming. yeah. they're gonna take you into a much cutting team once before i like just tom, if you're a not position, maybe to do an invest

i met with vanessa. she arrived and i will be a few months ago with noah. her 4 year old sign. after traveling the world together there, now adjusting to life and their luxury apartment, i quite a lot. if i'm honest with you, if i move my community for also and it's going to take time to, to adopt and to build my new community. but listen, it happened events back in canada where she grew up. vanessa ran a successful business and was by all appearances living the dream. but she says that dream had limits was terrain. and when you, it's really easy to go back and take cancer to a cook and clean on top of that is too much for the average mom to do the her daily schedule. now things homeschooling, noah, after she leaves them with her nanny, which frees up her time to work on her travel, relocation business, and create content with her videographer hands. i never meet like that's less on hand, can you? and for me and i and can and make me see the wedding a different way. there are more people like vanessa and di coming to kenya, that's according to cuba castle who runs an african am

vanessa: i'm vanessa ruiz in for stephanie sy with "newshour west ." we begin with the search for answers from thursday's deadly crash of a tourist helicopter into new york's hudson river. eyewitness video captured the moment the chopper plummeted in pieces into the waters below, killing all six on board. the victims included a simmons executive -- siemans executive, his wife, and their three children. national transportation safety board investigators said they needed rotors and the propeller to complete a full picture of what happened. the chair said it was still too early to draw conclusions. >> we need to focus on finding some of the additional components and structures that we are looking for, conduct witness interviews, and gather the records that we need. we can review the records later so that probable cause will not occur for quite some time. vanessa: a russian-american dual citizen is safely back on american soil after being imprisoned for 18 months on charges of treason for donating to a charity that supported ukraine. she hugged her boyfrie

casey. >> vanessa. it's making me want to pop something a little stronger than that french champagne that you have there behind you. certainly. the italian wine that we drink a lot of in my house is going to get a lot more expensive. jeff zeleny, let me go to you. you are in west palm beach. the president set to touch down there any minute. what is he up to? what are people around him thinking? he. we know he's worried and focused. always. on what? wall street, on what the markets are doing. but in this case, he seems to be set on doing something that he has been focused on long term. but that obviously wall street does not like here, at least in the short term. >> well, casey, there's no doubt in this second trump administration, the president has gotten quite used to the financial markets recoiling at his policy decisions. but this is something of an entirely different level. so, of course, we know the president watches the markets. he says he doesn't guide his decisions by it. and in this case, you a

>> we start things off with cnn's vanessa yurkevich. vanessa. let's start with the question that just has to be on everybody's minds right now. cost of living. how much is this going to cost people every day? >> well, the place where people will feel the price increases first is on food. these are perishable items that come across the u.s. borders every single day. these are not things that can be stockpiled. so when these tariffs hit, you're going to feel immediate impacts in places like this. look at bananas. we get a lot of bananas from countries like ecuador, costa rica and brazil. well now those countries are slapped with a 10% tariff. coffee for example. we import a lot of coffee into the u.s. because we don't have the climate to grow it here. we get it from brazil and ethiopia. those countries now slapped with a 10% tariff and wine. we get wine from abroad, from italy, from france, from the european union, which is now facing a 20% tariff. also, let's look at cars. we know this tariff just went into effect today. so the increase for forei

vanessa, thank you so much. >> vanessa talked about. >> the uncertainty. so let's try to figure out what the president's. plan is right now to fight the trade war, the one that he launched. it is hard to tell because this morning he posted a message to investors, to americans, to the world on truth social. he said, quote, my policies will never change. three hours later, he signaled that his policy might change. he wrote that he might make an agreement with vietnam to reduce the tariffs. and those two messages, which were conflicting, came after other diametrically opposed messages from the president and his commerce secretary. >> every country. >> is called us. >> that's the beauty of what we do. we put ourselves in the driver's seat. if we would have asked some of these countries, almost most of these countries to do us a favor, they would have said no, now they'll do anything for us. the tariffs give us great power to negotiate. >> always have. i don't think. >> there's any chance they're going. >> to that president trump's going to back. >> off his. >>

and vanessa is very receptive to hearing him and taking him for who he's presenting himself to be.even as young as she is, that had to be a feeling of euphoria for kobe. >> she was everything. >> to him. she stopped going to high school because it became problematic. i mean, kobe rolling up and i remember he had this white mercedes benz. and i'm like, you're going to her high school. they got engaged very quickly after they met. i think six months. everybody in his world was very adamant that there should be a prenup. 50% of marriages in the real world end in divorce. nba is even higher. he did not want a prenup. he wouldn't do it. i think joe was nervous about it. >> i mean, they thought that he was moving too quickly. they thought he was too young. >> i think. >> the first. time any of us. >> even knew about vanessa was when he brought her in the championship. >> the l.a. lakers. >> beat the indiana pacers to win their first nba championship in 12 years. >> i'm so excited. i get two rings this year, two rings. yeah, two rings. a wedding band in this championship ring. are. that m

vanessa, what has it been like there today? >> and what. >> does it mean that the numbers are where they are as that closing bell rings? >> yeah. and i'm just looking over my shoulder as these numbers, numbers settle. as you said, the dow down 2200 points. you have the s&p down almost 6% and the nasdaq down over 5.5%. you know the mood here today has been one of frustration, disbelief as investors really watch this trade war play out in real time and react in real time. i just spoke to an analyst before coming on air, and he said that consumers vote and this is wall street voting and this is not a good vote. they are waiting to see and have been waiting to see whether there would be a de-escalation of this trade war. that is certainly not what they are seeing. they were waiting to see how our biggest trading partners would retaliate, and they saw that this morning when china announced a retaliation of a 34% tariff on u.s. goods. investors here also seeing what's going to happen with the european union, another key trading partn

>> vanessa hauc noticias telemundo. >> y asÍ llegamos al final de esta emisiÓn.

instructors vanessa carrillo and victor ferrer are putting students through their steps, yet anotherdents' families. vanessa carrillo: a lot of the parents who used to dance in mexico just kind of see their children, this new generation of folkloristas, who are preserving their culture here in the us. victor ferrer: and now their children have the opportunity to do it and learn about their culture and traditions even though they were born here. for the suits, trajes, it's very elaborate and the kids really light up when they put the suit on. joe: there are times in luther burbank when the two art forms converge. victor: as we combine, and we play the music while they dance, and that's really what the music was intended to do. ♪♪♪ laura: sometimes there's a bit of a gap between people who were born here and who were raised here and then people who were raised in mexico who might not speak english that well, but then we're all connected through that music. joe: for these students, the free nonprofit program is a link of art forms and cultures, the old world and the new one all united i

so, vanessa, first, how are businesses preparing? >> yeah, we're expected to hear something unprecedented tomorrow. what kind of plan? tariff plan does the president have? we have a little bit of precedent in his first term, president trump slapped tariffs on about $380 billion worth of goods. that was in 2018. to date we're at about 1 trillion. that's all the tariffs that have gone into effect in his second term. up until now. but what is coming we don't know. it could be upwards of tariffs on $3.3 trillion worth of u.s. goods. that is the total amount of goods that comes into this country. now, an analyst at wells fargo tells me that businesses are actively gaming out different scenarios because they don't know what's coming. one scenario, as you can see, there, is jeremy jensen says that one scenario is that the supplier would absorb all of the costs, all of the costs of the tariffs. another scenario is that it would be split between the supplier and the business. and then the third scenario is that there would be a split between

vanessa yurkevich in new york for us. thank you very much, pamela. >> well, wolf, the white house and republican lawmakers concede that the ripple effect of the tariffs will cause some pain to americans. but the white house says it's the initial cost to revive manufacturing jobs in the u.s. here's what the vice president said this morning. >> for 40 years, we've had an economy that rewards people who ship american jobs overseas and raises taxes on american workers. and we're flipping that on its head. we're going to cut taxes for american workers and for american companies that build here. we're going to make it harder to ship american jobs overseas. it's a total shift in the way that we've done economic policy in the united states of america. but it was necessary. >> all right. let's go live now to cnn white house reporter elena. elena, what else are you hearing from the administration this morning? >> well, pamela, it's clear that the white house has been very intentional in its messaging. you know, despite some of the

cnn's vanessa yurkevich joins us now from the floor of the stock exchange. and, vanessa, can you give us a gut check on how today fared compared to yesterday, which was yesterday was obviously the first day after trump's tariff announcement. >> yeah. well, it got worse today. and the dow closed down more than 2000 points for only the fourth time in history. the nasdaq is in a bear market. and the s&p shed about $5 trillion worth of market value. and this is because of president donald trump's trade war. investors are essentially pricing in right now. the worst case scenario because they're not hearing any negotiation from the president with other countries to deescalate this trade war. one analyst, dan ives from wedbush, said it best really on social media this morning, kind of summing up what he feels like is going on. he said, essentially that this is the worst thing he's seen in 25 years covering markets. he pointed to the.com bubble, the financial crisis and covid because he says that this is self-inflicted and that this did not need to happen. investors

vanessa is keeping an eye on it. she's on this at the stock exchange for us vanessa thank you so much. back to you, sarah. >> all right. thank you. kate. let's go back now to diane swonk. she is the chief economist at kpmg. you are hearing this in real time. we are seeing the markets in a massive decline. they are plunging at this hour. this looks a lot worse than futures did this morning. what is your take on what we are seeing here today? >> well it is basically saying we believe we will go into a recession. and i think that's very important. the idea that, you know, even as a negotiating tool that the gold coast keep moving on, that negotiation makes it very hard to figure out if this is a negotiating tool. but also how do you raise revenues and actually onshore and achieve the other goals that the administration says they'd like to do with tariffs? if you are actually using them only as a negotiating tool? i think the points about small business are really important. restaurants, retailers, small businesses, smal

vanessa yurkevich reporting for us. thank you very much., as we've been reporting, is imposing this new 34% retaliatory tariff on all imports from the united states starting april 10th. i want to go live to beijing right now. cnn's mark stewart is watching all of this unfold. mark, this is a major escalation in an already very contentious trade war between the u.s. and china. what are you learning? >> no question, wolf, a very hectic evening here in beijing, as well as in washington as we try to sort out exactly how hard these tariffs are going to hit. as one analyst told me, this is a very strong response from china. let me just pick up on a few points that vanessa made about who these terrorists will target or hit the most. these specifically will hit american farmers and the agriculture industry very hard. china imports a lot of soybeans of all products from the united states. it's been a top customer. the fact that these products, these soybean products are going to cost even more is certainly going to be a big blow to american farmers,

vanessa yurkevich harry enten as well. coming up next, new reporting, the president's national security advisor, mike waltz, turns out used a signal out for a lot of other sensitive government communications. reaction from president obama's former white house chief of staff, rahm emanuel. later, the president's threats against prominent american law firms are paying off for him and his administration. in just the last 24 hours, two more big firms gave in, promising some $200 million in free legal services to the president. >> feeling anxious? i don't know what's going on. don't worry. put your feet up. don't panic. we can help you cope. it's called. disassociation. it's all on fire. >> did you not find that comforting? >> have i got news for you? saturday at nine on cnn. >> artificial intelligence is vital to america's economic future. we must lead in developing a.i., including open and closed source models. as the global leader in a.i. america can strengthen small businesses, create new jobs, and spread our tech innovatio

- [narrator] "firing line" with margaret hoover is made possible in part by: robert granieri, vanessaornell, the fairweather foundation, peter and mary kalikow, cliff and laurel asness, the meadowlark foundation, the beth and ravenel curry foundation, and by the following. corporate funding is provided by stephens inc. - ross douthat, welcome to "firing line." - thanks so much for having me, margaret. it's great to be here. - you've written a new book. - i have. - "believe." - "believe," yes. - "why everyone should be religious." - everyone. - examining the empirical and philosophical arguments for the existence of god and the value of organized religion. but not just any organized religion. in particular, the old religion. - the old one, the big ones. - who's the book for? - the book, so i think we're in a weird religious moment right now, margaret, where america has gone through this big period of secularization. religion has, institutional religion, has been in decline for a long time, but especially in the last 15 or 20 years. and we have a lot of people right now, especially youn

- [announcer 1] "firing line" with margaret hoover is made possible in part by: robert granieri, vanessa and henry cornell, the fairweather foundation, peter and mary kalikow, cliff and laurel asness, the meadowlark foundation, the beth and ravenel curry foundation, and by the following. corporate funding is provided by stephens inc. - bob shrum, adam nagourney, jonathan martin, welcome to "firing line." - thank you. - thank you. - donald trump is the second president to return to office in a non-consecutive term. and i want to know what the unique challenges and responsibilities of covering a second trump presidency are for journalists. jonathan martin. - look, the challenge with trump is that you're damned if you do, you're damned if you don't. and i don't say that to look for sympathy. i don't say that to say "woe is me." covering politics is the great joy of my life, and i think it's the best job in the world. but here's what i mean. if you cover trump straight, and cover him for what he is and what he says and how he conducts himself, it basically demands page one, "pearl harbor," o

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vanessa yurkevich is live for us with new york stock exchange. and we're also joined by cnn anchor erin burnett. jeff, i want to start with you, because these words from the president were what wall street was hanging on all day long. there was supposed to be a full press conference at 230 this afternoon. it was canceled. amid all of this volatility. what did we learn from the president? >> well, look, it pretty much turned into a full press conference, just in a different setting there. but he was able to control that a bit more by calling on select reporters. but i think you hit the the news there right at the beginning. he said, no, we're not looking at putting a pause on this. overall tariff plan. and in the next breath said yes. he and the administration are very much open to a negotiating. so that has been one of the central things hanging over all of this. some of his advisers, like peter navarro, have been saying he's not open to a negotiation. in fact, the president himself said it last week when he declared this national emergency. he s

vanessa yurkevich harry enten as well. coming up next, new reporting, the president's national security advisor, mike waltz, turns out used to signal out for a lot of other sensitive government communications reaction from president obama's former white house chief of staff, rahm emanuel. later, the president's threats against prominent american law firms are paying off for him, and his administration. in just the last 24 hours, two more big firms gave in, promising some $200 million in free legal services to the president. >> our country, not people that. >> my happy place. one place i could truly be myself. >> i want people to experience this beautifully diverse city. there's no other place like it. >> my happy place premieres sunday, april 27th on cnn. >> at fisher investments, we may look like other money managers, but we're different. >> how so? >> we're a fiduciary, obligated to act in our client's best interests. so we don't sell any commission based products. >> then how do you make money? >> we have a simple manag

vanessa yurkevich. thank you so much, wolf. >> and new this morning, irs employees could soon learn whether they'll still have a job after tax season. sources now telling cnn that the agency will begin announcing who will be laid off and who will be spared by the end of this week, which just so happens to be the busiest time of the year for irs workers. today is the deadline for filing your 2024 tax return. cnn's rene marsh is here in the situation room watching all of this unfold. this is a big issue. >> yeah. and the timing of it, certainly adding to the upheaval at the irs. but this follows a pattern that we've seen right ahead of plans to dismantle the department of education that came right before a key deadline for college admissions and financial aid. so again, something that we've seen as far as questionable timing. but back to the irs. sources are telling us that the agency is will announce these cuts starting at the end of the week. the agency is looking to cut as much as potentially 20%. that

. >> know what those conversations were like with vanessa. but. >> you know, i think. >> in. >> the back. >> of his mind, he was thinking about what have i done to my wife? what have i done to my family? >> she's like., grasping and clutching his hand for dear life. >> no matter what you believed about the case, it was painful to watch. >> kobe bryant is innocent of the charges that were filed against him today. he had a really good attorney and that was pam mackey. i am sure that they were very clear as to what he should say. >> i'm innocent. you know, i didn't force her to do. anything against her will. i'm innocent. you know. i sit here in front of you guys. furious at myself. you know. disgusted at myself for making a mistake of. adultery. i love my wife with all my heart. she's my backbone. you're a blessing. well, it beats in my heart. you're the air i breathe. >> when i. >> saw on. that. i wasn't getting the. i didn't do anything wrong. >> if i could just turn back the hands of time. >> i got the. i am so scared. and i'm saying this be

vanessa, we see things aren't looking so great there. what's the reaction?>> yeah, it's very much more of the same and getting worse. i'm just looking over my shoulder here, checking the board. the dow down more than 2000 points. the s&p down over 5.5%. and the nasdaq also down more than 5.5%. i think one analyst, dan ives from wedbush, he's an analyst there, said it best. he says he's been covering the markets and tech stocks for 25 years, and he's never seen anything like this. he referred to the.com bubble, the financial crisis and covid. he says he's never seen anything like this because this is self-inflicted, in his words that this did not have to happen. we do not have to be seeing these numbers right now on wall street. but the president's trade war and the escalations that have followed have put us in this position. essentially, investors are planning for the worst case scenario. yes, there have been some conversations with other countries about scaling back on some of these tariffs, but nothing concrete just yet. you mentioned vietnam saying that t

marc stewart and vanessa yurkevich, thanks to both of you. let's discuss this all now with mark zandi. he's the chief economist at moody's analytics. and you're not wearing a neck brace there from all the whiplash that we're experiencing. mark, do you believe the treasury secretary when he says this was always the plan to pause tariffs after using them as leverage? or do you think they're just winging it? >> jake, i it feels pretty haphazard to me. i don't see the strategy. i mean, it's very reactive, but you know, to some degree, thank goodness. i mean, the stock market, when i got up this morning, i took a look. the futures were down. we were in bear market territory, you know, down more than 20% from the previous peak. and it felt like it was going to be a lot of red today. and the bond market, you know that's really something. bond yields are rising, which is really a sign that perhaps global investors are losing faith in the safe haven status of the united states, which is a very big deal. so they reacted to that. and that's good news. b

cnn's business and politics correspondent vanessa yurkevich joins me now., vanessa, i do think that's a real question about how not just companies, but also the average american consumer who is also trying to outlook what this is going to mean for them, how they're preparing in these final 24 hours. >> yeah, it's such. >> a big question. how do you prepare for the unknown? but businesses have faced tariffs before. just look at in 2018 when president trump imposed tariffs on $380 billion worth of goods. and then to date he's imposed tariffs on about $1 trillion worth of goods in his first term. the big wildcard is what is to come. the maximum he could impose is tariffs on $3.3 trillion worth of u.s. goods that are imported. that is the total amount imported every single year. but behind the scenes, you have businesses, vendors and suppliers having conversations about how to share this tariff. one scenario is that suppliers pick up the entire tab to try to keep business. the second scenario is that they split it between the businesses 5050. and the third scen

so, vanessa, there's a lot of mixed messaging from the white house. let's listen to the public comments yesterday. >> the policy is no exemptions, no exclusions. the policy is in effect. there were not exclusions. >> what he's doing is he's saying they're exempt from the reciprocal tariffs, but they're included in the semiconductor tariffs which are coming in probably a month or two. >> what happened is it's not really an exception. that's not even the right word for it. what happened is this type of supply chain move from the tariff regime for the global tariff, the reciprocal tariff, and it moved to the national security tariff regime. >> so these officials all fanned out over the weekend after friday night, officials said that certain electronics would essentially be exempt from the tariffs. this is how they're explaining it now. i'm not sure most americans can tell you with any level of confidence about what the tariffs will target and when. help us sort through this. >> yeah, pamela, it is really hard for the average consumer to keep up with all

no vanessa job and businesses all facing future, whether it's.

vanessa, thank you so much for walking us through all of that. boris. >> let's get some perspective now from former trump economic adviser stephen moore. stephen, thank you so much for being with us. thank you. i'm not going to lie, it's been hard to keep track of all the tariff moves from this administration. i imagine it might have been that way. >> what hour is it? >> yeah, because they they announced tariffs. they scaled them back. they announced the wrong number. they have to correct it. they announced exceptions. doesn't all of that just add to volatility. >> a little bit. >> no question. >> about it. you know we've. >> seen that roller. >> coaster ride of the stock market over the last week. although nice to nice to see some green on the screen today. i'm not a big fan of the kind of. government picking the winners and losers. if we're going to have a tariff policy, i think you should apply it to everybody across the board. and the problem is that then whoever gets to knock on the door of the white house and gets the meeting with the presi

vanessa yurkevich at the new york stock exchange, thanks so much. with us now to discuss lael brainard, vice president of the brookings institute, also a former national economic council director under president biden and former federal reserve vice chair. also with us, greg mankiw, a mankiw, a harvard professor of economics who served as chairman of the council of economic advisers under president george w. bush. lael, let me start with you. goldman sachs today raised its recession odds to 45%. that number is based on the assumption that trump will not allow his tariffs to kick in. goldman says if trump doesn't blink, a recession is coming. the last recession, of course, during the 2020 covid pandemic. assuming this happens, how might this recession differ? >> well, look, this is. >> a. self-inflicted recession if. >> that is. >> indeed where we're headed. what is. >> really remarkable here. >> is that. >> american consumers. >> the american. >> economy. >> is going to pay the price. the consequences of this path are already really visible. we're s

cnn's vanessa yurkevich is at a new york city grocery store. vanessa, give us an idea. what are some of the products that will be immediately impacted by tariffs, and how are local businesses, stores like the one you're in preparing? >> yeah, the grocery store is the place where americans are likely to feel these higher tariffs and these price increases. first, on things like fresh produce that come in and out of the country every single day here at morton williams where we are. they haven't seen the high prices yet, but they are bracing for them on fresh produce like bananas. they get shipments in six days a week. these are from costa rica. these over here are from ecuador. both countries hit with that 10% universal tariff that went into effect on saturday. i want to take you to the seafood section here, because this is where some of the prices might rise the most, because those countries where morton williams this store gets their seafood are getting hit with those high reciprocal tariffs set to take effect at midnight. this shrimp over here, they get it from indonesi

trump: well, i love tiger and i love vanessa. i happen to think their relationship with my son, i happen to think the relationship was hurt very badly by the witch hunt that went on, russia and all the crap that they put don through which i -- which he knew nothing about it. they have five incredible children, all good athletes, great students. they broke up quite a while ago, which was to me very sad because i think they're both great. don and vanessa, and tiger actually called me a few months ago and he and i have a very special, very good relationship with tiger. i played golf with him a couple times over the last month and he's a fantastic guy and a fantastic athlete. he tell me about it, and i said, tiger, i said, i'm very happy for both -- let them both be happy. they're both great. >> china, south korea and japan say they will work together in cooperation to respond to the tariffs. are you concerned that this move on the tariffs this week would push the united states closest allies to work with china? pres. trump: no, i'm

vanessa, how wide of an impact will americans likely see? >> yeah, well, we're here at morton williams in new york city, and they say that they haven't seen that 10% universal tariff hit just yet. but when it does, it's going to hit perishable items, fruits and vegetables, for example. these bananas come from costa rica. these right over here come from ecuador. these countries are now hit with a 10% tariff. i want to take you over to the seafood section really quickly, because this is where some of these higher tariffs, these higher reciprocal tariffs are going to go into effect on wednesday and hit seafood products. let's look at the shrimp over here. morton williams gets their shrimp from indonesia and vietnam. we're talking about a 32% tariff from indonesia 46% from vietnam. and the salmon over here, this is coming from norway. and norway is going to be hit with a 15% tariff. the u.s. imported about $1 billion worth of salmon last year. i also want to take you over to the coffee section. this is where these are nonperishable items. so the

vanessa yurkovich in new york for us. thank you very much, pamela. >> all right. coming up, two stories about something your child may be using right now. the raising safety concerns. i know that my baby is using it. i'll speak with an expert about the possible health risks of certain bedding and mattresses, and which ones you should look out for. up next. >> the source with kaitlan collins tonight at nine on cnn. >> you know, sometimes my life can be a little crazy. that's why when you find stability, you got to grab it and hold on to it. like how verizon just lets you lock in a low price for three years, even if you're already a customer. is that even real? that's not just for me. and they give you a free phone on any plan. who's doing that? nobody. come on. what's better than that? probably nothing. yeah. nothing. >> ever feel like a spectator in your own life with chronic migraine? 15 or more headache days a month, each lasting four hours or more. botox prevents headaches in adults with chronic migraine. in a survey, 91% of users wish they'd started sooner. so

vanessa, what is behind this market? whiplash. >> yeah. pamela. just after 10 a.m., a tweet went out saying that the president was considering a 90 day pause on tariffs for all countries except for china. shortly after that tweet went out, we saw the s&p, the dow and the nasdaq all enter the green. and there were cheers here on the floor of the new york stock exchange. but shortly after the white house came out and said that that was fake news that the president is not considering a 90 day pause for all countries except china. and then you saw markets go back down into the red. this is just a classic case of what happens when there's a rumor, an unfounded rumor, but just shows the desperation that investors have right now for some sense of an indication that this trade war may be pausing or there may be a de-escalation of this trade war. now, as you can see on your screen, this may have broken the ice a little bit, even though it turned out not to be true. you can see the nasdaq up there, the s&p as well. the dow down just about 115 points. but i

vanessa, thank you for the report. we have much more coverage on the impact of these tariffs that are set to take effect at midnight. ahead. we'll be speaking to a small business owner who made the tough decision to shut down. and the supreme court giving the trump administration a temporary win on immigration, saying it can use the alien enemies act for deporting suspected gang members. that's not the end of the legal fight, though. we'll explain. >> plus, health and human services secretary robert f. kennedy jr. says he will tell the cdc to stop recommending fluoride in drinking water. you're watching cnn news central. we'll discuss the implications when we come back. >> as trump's policies reshape america. >> we have liberation day. >> democrats search for momentum and a path forward. what's next for the left? senator bernie sanders joins anderson cooper to take questions in a cnn town hall wednesday at 9 p.m. eastern on cnn. >> hands free sketcher slip ins now come in glide step max cushioning. it's actually gave m

vanessa, what's the reaction. >> there like right now? >> yeah, i spoke to a trader a little earlier and asked him directly, how is the day going? and he just grunted. really no response beyond that. but that just shows what frustration traders are feeling down here. and also just this air of uncertainty about what this trade war is going to escalate into at the end of the day. we know that the trade war is in full effect, and many investors here are just pricing in the worst case scenario right now. one thing i do want to point out is that we have heard a bit of news on the economic front. we got the jobs report that came in better than expected, about 228,000 jobs added. we heard from jerome powell earlier today who said that the that the economy is in a good place, but we should expect higher inflation. and we also heard reports, reports from reuters that vietnam was willing to come to the table to negotiate. but that's not being reflected in the markets right now. investors saying that that's not enough to move the needle. they want t

cnn's vanessa yurkevich is watching the markets for us. vanessa, what's going on? >> yeah.ell, at last check markets were up on just ahead of an hour away from this announcement. you see it right there. the dow nasdaq s&p, you know, up slightly just kind of waiting to see what happens like the rest of us. but i want to talk about what we actually do know. and guys we actually know more about tomorrow than we do about today. tomorrow. we know that tariffs on autos, foreign imports of autos are going to take effect 25%. and then in may there's going to be a tariff on car parts. and we're hearing from analysts, one in particular, dan ives, who says that he believes that this is going to add $100 billion in costs to automakers and that it will be passed down to the consumer and it will erode demand on day one of these tariffs. now the united auto workers union, which represents workers who build these cars, says the companies can afford it. but what we don't know about today is what is coming. what is the percentage rate of these tariffs on which countries are they sector speci

vanessa yurkevich and phil mattingly, thanks so much. let's bring in former biden senior economics aide gene sperling. he left the administration to work with the kamala harris presidential campaign. gene are there any of the tariffs, any of the moves that president trump announced today that you think could benefit the united states? >> i think. >> that in general. >> the focus. >> on. relocating manufacturing, where it's going to be part of. our economic future is one that was a major biden message. i think the focus on using tariffs in strategic areas. where we think it either we've been treated unfairly. or it's. >> important to our. >> future, like semiconductors. >> the chips. >> program, electric batteries. >> those are. so the overall. >> message done right is one. president biden focused on. but what you see here is the fact that, you know, what might be a good simplistic, historically rewritten speech in a campaign will ultimately turn out come down to the effect on the economy. the expression. >> the devil's. >> in the details

vanessa, over to you. given the state of play and everything we heard from treasury secretary scott bessent, what jumps out most to you? >> well, we're watching markets. >> right now and. >> they're up across the board. one investor told. >> me sam stovall he's been in the industry for decades. >> he says that. traders are like. >> surfers and oftentimes they make their own waves. and he says that's kind of what's playing out here. you have investors who maybe doing a little bit of bargain shopping right now, trying to buy some of these stocks at their lows. we've seen apple tech stocks like apple and nvidia up today. and it's worth noting, though, that this is a snapshot in time right. this is one single moment. this is not a race. everything that has happened over the last week and and more really as investors are still really trying to game out what is happening here. where is this going to go? a lot of investors i spoke to earlier in the week said that they're still planning for the worst case scenario