President Trump confirmed plans to add another 50% to China's tariffs if the country doesn't lift its retaliatory tariffs on the U.S. Markets saw a slight pop following the news, which Kevin Green believes adds risk to further downside. He urges investors to stay alert to tariff risk from China over the next 24 to 48 hours. Additionally, Kevin turns to "extreme levels" in the VIX and its potential for an upside blowout.