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tv   After the Bell  FOX Business  March 5, 2018 4:00pm-5:00pm EST

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the future. liz: amazon is total and utter winner. [closing bell rings] back up once again like the rest of the markets. bruce, christian, our dear thanks to you. stocks rallying big time, half the way, into the close. the dow snaps a four-day losing streak that will do it for the "claman countdown." david: here is what is going on. investors breathe a big sigh of relief as president trump eases up on the trade war talk after last week's selloff. looks like dow ending up 350 points to the positive after more than 570 point swing, snapping four days of loss, the longest losing streak since september. melissa: couldn't be more exciting, right? david: oh, absolutely. all the major averages closing in the green. they all now returned to positive territory for the year as well. hi, everybody, i'm david asman. melissa: i'm melissa francis. this is "after the bell." we have more on the big market moves but first here is what else we're covering for the very
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busy hour ahead. all but one of 30 dow stocks ending higher. nike the only one in the red. let's go straight to nicole petraeus at new york stock exchange. nicole, stocks seemed to like a comment from the president earlier that kind of downplayed the threat of a trade war seeming like this was his opening offer and you know the deal of the century. is that what is driving markets? >> first of all you're bouncing back off of a selloff from last week and worries about the trade war, worries about higher interest rates. it had been a little bit oversold some would say. had room to move to the upside. coupled with 100% what you're saying about donald trump's comments and idea, suggesting that canada, mexico could win exemptions from proposed tariffs on steel and aluminum. of the 29 of 30 dow components in the green. caterpillar, boeing, got hit hard last week on concerns they would pay for raw materials so they had room to move to the
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upside. 29 out of 30. only nike had a red arrow. dow up 1.3%. russell also participated. russell is up more than 3/4 of a percent. winning day across the board. we have movers worth noting. intel is shining star on the dow jones industrial average. well, micron, in that same sort of semiconductor sector moves out to a 17 1/2-year high on some very heavy trading. certainly outpacing the market. then there was disney, ultimately, don't forget they enespn which has had dwindling subscribers. they moved jimmy pitaro as the new president. he joined them back in 2010. he is known to be strong in technology, sports and media. they are hoping he can save espn a little bit. back to you. david: nicole. thank you very much. melissa: doubling down on tariffs, president trump is not backing down on imposing tariffs on steel and aluminum imports.
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blake burman live at white house with the latest on this one. what do you think. reporter: not backing down in one sense president's trade advisor peter navarro said no countries exempt from the steel and aluminum tariffs. they're still on the timeline making this for sure later this week or sometime early next week. but the president himself as you very well know on friday said trade wars are good as he put it on twitter. downplayed the possibility of a trade war actually occurring. >> i don't think it will happen. i don't think so. i don't think you're going to have a trade war, no. reporter: despite the head of the eu said they could impose tariffs on harley-davidsons and bourbon, for example that would cut right into the constituencies of paul ryan and mitch mcconnell. in apparent response over the weekend president trump also threaten attacks on vehicles coming out of the eu this morning he also tweeted that tariffs on steel and aluminum
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would apply to mexico and canada unless nafta is renegotiated and results in something that is fair. the president briefly touched upon those issues. listen here. >> if they want to do something we'll just tax their cars that they send in here like water. if they aren't going to make a fair fav at that deal. we nafta deal, we'll leave it ts wayport port one of the big skeptics remains house speaker paul ryan a spokesperson for the speaker stayed we're extremely worried about the consequences of a trade war and urging the white house not to advance with this plan. the new tax reform law has boosted the economy and we certainly don't want to jeopardize those gains. president asked about ryan's statement that he is not backing down. press secretary sarah sanders said a while ago, while those two have a great relationship, they certainly on this one don't have to agree on everything. melissa. melissa: it is so obvious. he to us this every time there's a negotiation.
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yet you watch the whole white house press corps he said trade wars can be won and they're easy. everybody falls for it every time. it is amazing. blake, thank you. david: you said it on friday. liz peek on "fiscal times" and adam lashinsky from "fortune" magazine. he is a fox news contributor. liz, it appears, i'm looking at a market settling up 336 on the dow. i think traders think that the war, the trade war stuff is over. what do you think? >> it may not be over but i think what we saw today it is not hard and fast. that there is some flexibility. i put out a piece this morning at "the hill," look this is strategy. we're in round seven of the nafta renegotiations. trump and head of mexico had a rather testy exchange last week. trump wants certain things included in the nafta rewrite. it is sort of now or never. i thought that was very clear. also the number two chinese finance guy was in town last week also talking trade and how
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we could reduce our trade deficit with china. so we're right in the midst of all these negotiations. what bert time for a strategic let's say assault than last week any think that is what he did. david: adam, might have been sloppy, might have been without discussing beforehand with his advisors but at the same time it seems to be more about nafta and setting the table for those next discussions than it does about steel, am i wrong about that? >> i have no idea what it is about, david. i'm flabbergasted. i'm being very serious, i'm flabbergasted we would say people fell for the president of the united states not meaning what he says. you know, it is just shocking. you can't negotiate with somebody who you don't know -- melissa: wait, wait. david: hold on hold on, hold on. everybody wants to jump in. adam i have to stop you there. don't you think -- negotiations have ever exaggerated or said
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things that weren't true in order to get a deal? if you don't, i got to tell you you're hopelessly naive my friend? >> i've been called worse than that we have a process. we have a process going on with nafta, that canada, mexico, united states are meeting. they have met what is it, seven or eight times. there is a perfectly good process for that. the process for getting movement on nafta is not to suggest that we're going to invoke national security reasons to put a tariff on steel. that makes absolutely no sense. you can call me naive all you like, david. david: liz, go ahead. i was calling you naive about presidents not telling the truth. >> i understand. david: certain discussions like this. go ahead, liz. >> no, i think this is totally trump tactics he has done it before. i liken to xi xinping's first visit to mar-a-lago, we sent missiles to syria, to announce to the chinese we meant business, this is a new administration. david: i think we were also
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sending messages to russia. >> maybe so. you know what? it got everybody's attention, told everybody new sheriff in town. trump is serious about the trade war that has gone on since china entered the wto. that is completely true. >> i agree with that. >> using a sledgehammer, instead after scalpel that is true. i think what markets are reacting to, the scalpel is yet to come. hoping there is refinement of these tariffs, and there will be flexibility. david: adam, what do you think about the market specifically and their reaction today to pullback, seeming pullback on some of this trade war talk? >> i agree with the first part of what liz said and not the second part. i think the president absolute means to use a sledgehammer. that is his intention. it is peter navarro's intention. the market is reacting, paul ryan said not so fast, half of his advisors say not so fast. the entire american business community will say not so fast.
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those are formidable forces even for a president with a sledgehammer. david: liz, the fact that peter navarro are not president trump. they are two different people. president trump will use peter navarro, sometimes use people who have very different views on trade. right now he is using peter fa varroa. tomorrow he might not be. >> exactly right. half of his advisors were arguing against it. half of his advisors were totally on board of this. we have seen this president go up against the chamber about commerce interests. that is establishment republican voices more than one time. he didn't get elected by those people. he got elected by workers. if he thinks this is in the best interests of workers, by the way he may be dissuaded of that he will move forward. david: liz, hold on a second, i want to asked a dam a question. put on your report ear es hat about carl icahn. there is this discussion about whether or not he had any advanced information before he sold stock in steel company. this is a steel fabrication company. they were the ones hurt by talk
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of a trade war. how do you think this pans out, adam? >> i hope not for his case. that would be relatively easy to trace. having said that he doesn't use email. the president doesn't use email maybe i'm naive again this would be easy to trace. i don't know. david: what do you think, liz? >> i think a lot of reasons someone might have told the stock three days after pretty disagreeable release. >> good point. >> i think it could really be totally innocent. david: liz, adam, good to see you both, thank you very much. appreciate it. melissa. melissa: to another big story we're watching, president trump welcoming israeli prime minister benjamin netanyahu to the white house at a crucial time focusing on mid-east peace moving forward and the embassies moving. >> to our countries, our arab neighbors, it is encapsulated in one word, iran. iran has not given up its nuclear ambitions. it came out of this nuclear deal
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emboldened enriched. it is practicing aggression everywhere including on our own borders. melissa: here now is ambassador danny danon, israeli ambassador to the u.n. thank you so much for joining us. what's your take on the number one mission of prime minister netanyahu as he visits now? is it that, is it threat of iran? >> good afternoon, melissa. yes indeed. iranian, major threat not only for israel but for the middle east, for the u.s., for europe. prime minister netanyahu met president trump. actually they met five times during this year which shows a great relationship we are with the u.s. and focus on the iranian threat. we know that may 12th president trump will have to decide whether he is changing the agreement, whether he is nixing the agreement. we're looking forward to what would be the decision. we know that iranians spreading terror all oaf, yemen, syria,
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lebanon, gaza, all over the middle east. we need to work together to stop them from extending their empire from the gulf to the mediterranean. melissa: i have heard a number of commentators say that we are very close to war between the two parties, between israel and iran. that things have escalated so much in terms of proxy wars all over the place and you know, whether it's iran's strong hold now in syria, that things have gotten very dire, and that netanyahu will be feeling out our president to see if he would back israel in war. is it that serious? >> we don't want to see any escalation. we look for stability in the region but you have to ask yourself, melissa, why the iranians are sending so many troops into syria? thousands of militias. why they are building factories in syria. isis has been defeated. why continue to send troops into syria? they want to destablize the region. we will do what is necessary to
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protect our citizens. a few weeks ago we saw iranian drone crossing zone of israel, entering our airspace, reaching the sovereignty of israel. that is unacceptable. we reacted and continue to react to insure safety of people in israel. melissa: there are also people who say that part of the reason why benjamin netanyahu is here and is pressing is because the noose is tighten around him at home. that authorities are closing in on his own scandal, that he is here to prove he is indispensable on international stage. that he is very close to the united states president and that is more important than any sort of corruption allegations may be going on at home. how do you respond of that? >> we respect the rule of law and prime minister netanyahu is focused protect israel. i work closely to him. he case about those issues. he came here to speak at aipac conference to meet president trump. always you have people who
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attack the prime minister of israel. it is quite similar to what you have here in the u.s. part of the democracy but the prime minister is focused on his important work defending israel not only here in the u.s. but all over the world. melissa: how serious is the situation back home for him? >> well, i follow the news there like but, we are let the law decide those issues. some people want to attack the prime minister through those allegations but we are proud of the work he is doing and the way he is representing israel. melissa: real quick what would you like to see the united states do? what would be a satisfactory response from the president right now? >> we're grateful for his bold decision about jerusalem. the fact that the embassy is moving in may. something we're grateful for that. we will speak about issue of iran. it is very hard for us, i am at u.n. very hard to convince my colleagues it's a threat for everybody. we want to see the u.s. involved with this issue. we know that there is concern about the threat.
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melissa: danny danon, thank you very much. >> thank you very much. thank you melissa. david: that is tough job being israeli ambassador to the united nations. they don't have a lot of friend there. meanwhile "judicial watch" slapping the justice department with two lawsuits demanding records on a top agency official and his connection to the anti-trump dossier. chris pharrell, "judicial watch" director of communication is the man. he will join us next. melissa: why united is putting a pause on a program they were considering for their employees. wait until you hear this. david: is it a breakthrough or another trick by north korea? details of an historic meeting in pongyang and what the role of the u.s. is in all of this. that is coming up. >> our condition is, we only want to talk with the north koreans if the discussion on the table is denuclearizing north korea. did what?
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melissa: refusing a subpoena, former trump campaign advisor roger stone responding it news that former trump campaign aide sam nunberg is vowing to refuse a subpoena from special counsel robert mueller's team to appear before a grand jury. this as part of the russia probe. here is charlie gasparino, fox business senior correspondent. charlie, what have you heard on this one? how do you know? >> here is the subpoena, not to appear but to provide information on a number of people, sent to sam nunberg, former campaign aide to donald trump. maybe one of his earliest advisors averager stone. sam started working for donald trump back in 2011 and in this two-page subpoena they ask for information, correspondence with the likes of carter page, corey lewandoski,
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donald j. trump, the president, hope hicks, keith schiller, who is the bodyguard for president trump, long-time aide, michael cohen, personal attorney, paul manafort, rick gates, worked for paul manafort. both gentlemen have been indicted. roger stone who sam nunberg worked for directly as part of trump's earliest campaign advisors and steve bannon of "breitbart" and former senior advisor. they're looking for sam about, investigation, as you foe, sam is making the rounds today. i'll tell you on various shows. i tell you how i got the story. this is interesting because you know, we're journalists. we get paid to tell the truth. we also sometimes, when you know somebody will blow themselves up, which i think he is doing right now you try to stop him from doing it, essentially what i told him, don't go, be careful, do you really want to go public the fact you're going before a a grand jury on friday,
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do you want to go public with this as your subpoena? are you sure about this. mueller's office will not like it. and, you know, i just don't think he is of sound mind right now and he should seek help is my opinion, based on my conversation with him at the time, which is why i was question, why i was asking him to think twice about this. because people do things when you know, they have, had a couple of drinks they might not have done when at the didn't before they had a couple drinks. be it as it may he is out there. he basically said, what they're asking him, a wide-ranging investigation. he is already in mueller's office two weeks ago. we were first to report that he was being called. what they're asking him is very wide-ranging, everything from donald trump business issues, attempts to build the trump tower in moscow, to establish some link between crony capitalism, and officials in russia and asking him a lot
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about roger stone. denies he had any collusion with russia, whether stone through wikileaks may have gotten those hacked, may have incited, may have been part of the hacking of the, of the hillary clinton email system? again we've talked to stone. he gave us a comment today. he said this is completely untrue. but they are asking nunberg these questions. he is probably going to be asked those same type of questions, i would assume, since this is the grand jury subpoena asking about these same people. during the, during the grand jury testimony. i think it is interesting where they're going with this because it is so wide-ranging. not just collusion with the russians. it is establishing, at least they're to, not say they got him -- melissa: or giant fishing expedition. >> could be the greatest expedition ever, looking to dot the is, cross the ts, ask the questions, leave it alone. melissa: there you go. >> they're asking everything from the business interests to who paid off the women and how they were paid off, the women
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that claim to be, had affairs with the president. melissa: okay. >> it goes on and on and on. i will say one thing about, i have covered a lot of white-collar crimes and investigations. this does not smell like a fishing expedition, okay? melissa: okay. >> this smells like they are, they, you know, they're serious about this. melissa: okay. charlie, thank you. thanks for that. david? david: well conservative, meanwhile conservative watchdog "judicial watch" issuing lawsuits against the justice department for documents on ties to top officials to the clinton-funded trump dossier. here is investigator of investigations and research at "judicial watch," chris farrell. chris, i have to ask but the breaking news and nunberg thing, does it smell like a fishing expedition to you? it seems like a pretty wide net they're throwing out there? >> it does and literally a laundry list of the who's who. it is wildest dreams of the
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hillary clinton dnc-funded smear campaign that ironically they ended up indirectly paying the russian intelligence service for. so if you buy into this whole saga and there is yet to be a single indictment or, no one can articulate the criminal predicate, no one can tell you what crime has been committed yet, you can, it is like reading the steele dossier. if you throw out enough names long enough, maybe somebody somewhere will believe something. david: but it is up to the people in power, the people who have got the power to put out subpoenas, the people who have got the power to investigate a document like the trump dossier to find out whether it is real or not. that kind of documentation was not done. isn't that what you're trying to find out with your investigation of the department of justice? >> exactly. so we have sought, all communications, records, contacts, emails, texts
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concerning bruce ohr, the number four at justice. his wife, nellie ohr, fusion gps employee. david: reiterate, fusion gps was paid bit hillary campaign and the dnc and to get dirt on donald trump and they came up with that. go ahead. >> right. she is in the middle of that up to her neck. very senior justice department official bruce ohr and his wife who is working for people that are dreaming up this dossier and along with christopher steele and funneling money purportedly from hillary clinton and to steele's assets, using his sources arguably were co-opted by or actual agents of the russian government. you want to find coclusion, start there. david: it is clearly collusion, as ridiculous some of these reports in the trump dossier and unverified as james comey, still
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people support, a huge piece appeared in the "new yorker" magazine, 15,000 word piece by jane mahre, one of the people that fusion was dumping information from trump dossier to, trying to defend not only christopher steele, also glenn simpson, founder of fusion g gps and trump dossier. >> jane maher never encouplerred about by the truth. she has a long track record. there are sloppy elements of reporting in this long piece. and it is really an attempt to rehabilitate and make steele seem like some sort of a sympathetic character. look, there is all sorts of propaganda organs out there. she is going to write what she will write. look at her track record. it speaks for itself. david: look at the track record of fusion gps which is a smear merchant. they go out and often smear
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decent people, the magnitsky family, the person killed by putin in a jail and fusion gps did its best to smear them. one must assume, working with elements who if not were directly connected with putin, at least were sympathetic to the concern that putin had about the magnitsky act which prevents trade with russia. very interesting. best of luck. let us know when you get information if you do from the department of justice? >> we certainly will, david. david: melissa. melissa: 2008 financial crisis forcing the federal reserve to keep a more watchful eye on banks. that could change this week. we'll tell you why the senate is close to rolling back some of the regulations. plus could the bank of amazon be coming? i bet. we'll tell you why amazon is talking with some big financial institutions. eastern united sts
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melissa: banking regulations passed after the 2008 financial crisis may be a thing of the past. the senate is considering rolling parts of dodd-frank back this week. adam shapiro live in the washington bureau with more. reporter: we're talking about the economic growth regulatory relief and consumer protection act. mike crapo's bill would loosen lending requirements of mortgages from banks with less than $10 billion in assets but raise a threshold of tighter oversight of banks from $50 billion to 250 billion in assets. who is for all of this? a lot of democrats actually. democrats who are trying to win re-election or come from trump states, state has voted for president trump. people like joe manchin, claire mccaskill, jon tester, doug jones in alabama, that's a trump state. you have also got democrats in favor of the original dodd-frank bill. that is mark warner, tim kaine, tom carper. so different democrats in favor of this. but will it pass? here is what white crapo said
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during the hearings with jay powell, federal reserve chairman last week, about this bill. >> is it accurate this provision does not in any way restrict the fed's supervisory, regulatory, enforcement authorities to insure the safety and soundness of financial institution? >> yes. >> finally nothing in provision would restrict the fed's ability to make sure large financial institutions are well-capitalized? >> yes. reporter: same hearing, different senator, ranking senator on banking sherrod brown from ohio, opposed to rolling back dodd-frank regulations. here is what sherrod brown said at the hearing. >> your focus should be on fed doesn't permit the build-up of risk in the market and hubris at the fed. great moderation turned out to be not so great. we forget that lesson at our peril. the fed needs to take the side
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of consumers making sure the financial system stays strong and regulations are enforced. reporter: senate begins debate on bill tomorrow. we expect a vote sometime this week. then it goes back to the house. thank you. melissa: adam shapiro, thank you. david: amazon is turning to the banking industry for its new idea. "the wall street journal" is reporting that the tech giant is in talk with big banks including jpmorgan. in order to create what they're calling a checking account-like product that would appeal to younger customers and appeal to those who don't have bank accounts. good for them. melissa: putting global competition at risk. growing fears over industry leaders over president trump's terror plan. the deal will disrupt the supply chain and raise costs. we have the an association president sounds off next. real-time analytics, you'll get clear, actionable alerts
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melissa: president trump's proposed import tariffs are not yet official but the concerns for american industries can be felt nationwide. our next guest says the president anticipated tariffs will raise costs and disrupt the supply chain putting u.s. global competitiveness at risk. here is eric fanning, aerospace industry association president and ceo. so your association thinks that, he is serious? you think he will go through with this and you're concerned? >> he said he is going through with it so that does concern us. it is not just increased prices
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and destruction to the supply chain but the fear of retaliation already been stated by foreign leaders around the globe. the aerospace and defense industry and our country is the largest trade plus, surplus contributor in the manufacturing sector. it is 2.4 million jobs, jobs that pay almost twice the national average and they are dependent on those overseas sales. melissa: okay. and your fear of retaliation, do you source a lot of your steel oversees. >> we source it from all over the world. the supply chain is a global supply chain, what we can't get from oversease find it in the united states with some people looking for it as well, without any sense how long that market, that capability, the capacity would be replaced in this country. melissa: my only question, there were a lot of car manufacturers on friday quick to say, you know what this doesn't really impact us that much because we buy american already.
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that would be, i am wondering why your manufacturers don't have the same response as carmakers? >> like i said, our supply chain is global but our bigger concern is the retaliation because this is an industry that exports so much around the world, that those markets, dry up or are inhibited in some way that will have significant impact on companies and workforce. melissa: i happen to be one of the people that believes this is the way he negotiates deals and throws something outrageous out at the beginning but at the same time i heard from other people, for example, people that manufacture kitchen and bath equipment, say the price of steel and aluminum already has gone up in the past month, basically since the election, in anticipation of this, that people are all chasing the same supply, whether it is going to be true or not, prices have already gone up. have you seen that? >> we see it t happens very quickly in industry and our industry when there is force like this. people chasing the same supplies.
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it only increases price but disruption can delay delivery which has its own way increasing prices. >> he makes the argument about national security. obviously that is the industry that you're in. the president makes the argument if we don't manufacture our own steel here in time of war, no one will give you steel, they all keep it for themselves, how do you respond to that? >> i don't see the national security argument here. the pentagon reports that it only consumes 3% of domestic steel and aluminum production today. there is plenty of headroom inside of that domestic supply chain. i think you could easily make the argument these tariffs are bad for national security because how they are disruptive to the global marketplace, to our defense industrial base. i also think to relationships. >> if we're barry consuming our own steel, why would a 25% tariff coming in, it is not going to actually impact anybody because it sounds like from what you're saying we're not importing a lot of steel?
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>> we're not importing a lot of our steel. we get a lot from inside the united states but weigh -- we emport a part steel and aluminum but we import parts overseas. this is complicated supply chain in terms of sourcing and manufacturing. melissa: eric fanning, we appreciate your time. we appreciate it. >> thank you. david: north and south korea coming to the table, is that a good thing or a bad thing? what we know about this meeting with kim jong un coming up. melissa: backlash heading into the midterms. why some republican leaders say trump's tariff plan could undermine the party's efforts to keep majorities in congress. we'll talk to dan henninger of "the wall street journal" that's next. but before you decide, you should know that chevy silverado's are the most dependable, longest lasting full-size pickups on the road.
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david: markets reverse course from dramatic losses if premarket activity after president trump released following tweet this morning. quote, we have large trade
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deficits with mexico and canada. nafta which is under renegotiation right now has been a bad deal for the usa. massive relocation of companies and jobs. this is the important part. tariffs on steel and aluminum will only come off if new and fair nafta agreement is signed. then the markets turned around. is the president reining back last week's endorsement of trade wars? we have dep i editor dan henninger and fox news contributor. markets seem to think so, dan. the markets had a remarkable turn around when the president said, if there is fair negotiation or renegotiation of nafta, they will get rid of these tariffs. >> i don't know what the markets are thinking. i think they're guessing what trump might do on this. they're hoping this is true. you could read the statement either way. david: but he didn't double down on trade wars is a good thing, stuff last week. in fact he said i don't think
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we'll get into a trade war. >> every cloud has a silver lining. paul ryan put distance between himself and the president saying we do not need a trade war. paul ryan was speaking for republican members of the house who will be running in november. that was a cry of the heart, from the republicans saying look, president trump, mr. trump, we understand you're doing a lot of these things because you feel you owe it to the base in steel-producing losing 140,000 jobs. bear in mind, there are trump voters work in steel fabricating industries and aluminum-related industries in wisconsin and pennsylvania and those could be trump voters who are hurt. david: you guys point out in the editorial page, 6 1/2 million workers work in prefab indicating steel. just 140,000 work in the steel companies taking advantage of this. plus nucor the largest steel
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manufacturer in the u.s., yes they're dealing with a lot of foreign competition, increase of 15% in 2017 but 2017 was their best year since the financial crisis. they had 25% increase in revenue, huge increase in profit. >> everybody seems to benefit from that. part of the reason the stock market so much today, the services industry index was so high, higher than the economists predicted. the economy is still gaining strength. david: because of tax cuts, because of deregulation, because of all good things that have been done. >> that is what the republicans running in the house want to run on. they can't lose 24 seats. typically when the president's approval rating is below 50% you lose average of 40 seats. so these republicans are trying to fill an inside straight in november. they don't need static. david: they're giving me a rap. do you think the president pulls back or follows through on tariffs? >> will find a middle way.
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he will pull back on some. i don't think you will see 25% tariff imposed. david: melissa. melissa: kim jong-un, hosting a meeting with a high level delegation from south korea, the most senior level officials to meet the leader since he took power in 2011. the the envoy hoping to jump-start talks between the rogue regime and the united states who still remain at odds over the north's nuclear program. david: a tough crowd on the left. mainstream media is absolutely freaking out about a joke, a joke, that the president made. ned ryun joining us on the fallout from that coming next. i think there are some ways to help keep you on track. and closer to home. edward jones grew to a trillion dollars in assets under care, by thinking about your goals as much as you do.
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>> china's leader became an absolute dictator for life, praised by the president, by president trump. >> jokes about the fact, that sound pretty good. maybe i could have that. that need to be in the center of action is so great with him. >> what about the fact he is praising president xi who is, lead as repressive country and just consolidated his power? >> his comments about power saying we should copy their dictatorship. some senses that is what he wants. melissa: i mean, seriously. these people can not take a joke. in closed doors remarks this weekend president trump suggesting that the president take a page out of china's book where president xi xinping may abolish term limits. joining me ned ryun, former presidential writer for george w. bush and founder and ceo of the american majority. people don't understand, this was at the gridiron dinner, which is a roast, and you are supposed to come with comedy ready. all presidents in the past have done that. he skipped the correspondents
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dinner. he came in, actually made fun of himself, which is something he is not great at doing, hasn't done a lot in the past. one of his other jokes was, i don't know if they realize when i'm dealing, north korean leaders realize they're dealing with a madman, meaning himself. do they think he was really referring to himself as a madman? isn't this ridiculous, when you see this serious conversation that he wants to be president for life, after a roast dinner, your thoughts? >> i think the left, becoming clear to me that the left has lost its sense of humor in pretty much everything. with the opposition party also known as mainstream media, everything is defcon 1 with him. the great white whale and bring him down and. president for life are known as dictators. there is nothing to applaud,
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nothing great about them. this is just another one of those examples, trump has to be more careful moving forward. in what i actually says. melissa: does though? what he is really doing, he is chumming the water. they leap to the bait. >> he is. melissa: then they look ridiculous. and it is very much like when the michael wolff book came out, they're having serious conversations whether he was mentally fit to be president. brian stelter at cnn, oh, my gosh this is a serious question of his mental fitness. he put the doctor out there and they started asking questions, does he watch too much tv and have more salad. >> the gorilla channel. melissa: he keeps showing them to be the partisans that they are. i don't know if he should be more careful because they fall into the trap. >> i mean it is funny to see, many ways donald trump is the paid piper of the media. every day he calls a new tune. they fall for the bait every
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time. they have been doing it for years. i think moving forward the thing i would love to see, voters decided they trust republicans, economy, jobs, national security by double digits. i would think moving forward i would like trump to be boring, stick to the script, stick to the message. i want him to have republican majorities. i don't want the opposition party to have clean shots. be more boring and stick it to him in 2019. melissa: i don't think he is capable of being more boring. everyone has to get a funny bone out. if you don't have one, grow one. we have several more years of this ahead at least. >> at least a few more, hopefully seven. melissa: ned ryun, thank you for your time. appreciate it. david: remember overall, what he wanted to do was shake things up. he will never shake things up. the fact is washington, d.c. is a swamp. has been for a long time.
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on both sides. by its roots. melissa: very true. david: feuding in the friendly skies, did you hear about this, some united workers are furious, completely furious with the airline. we have the details, and their turn around coming next.
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a quick clarification first. the jokes they made were delivered to republican donors in florida on saturday. it wasn't at the grid iron dinner that night. still it was a joke. replacing it with a lottery system where they can win at different prices different prizes including vacation
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packages. they misunderstood how the changes would be received by many of you. there you go. risk and reward starts right now. if i've to say what is the greatest challenge in the middle east. it is encapsulated in one word. they have not given us nuclear ambitions. they are practicing aggression everywhere. on their own borders. and i think we have to stop this country i iran must be stopped. it is rebounding. presen


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