tv Mornings With Maria Bartiromo FOX Business September 18, 2018 6:00am-9:00am EDT
this morning, futures are showing this, 59-point gain on the dow futures, this after declines across the board yesterday, the blue chip shedding 92 points yesterday, the technology sector hardest hit over, you guessed it tariff fears, checking global market action in europe, england, frabs and germany we have gains across the board although slight in asia overnight it was the same story, we had gains on all four major markets there with the shanghai gaining 1.8%. so making back and then some its loss from monday. from the latest battle on capitol hill, the nomination of brett kavanaugh, brett kavanaugh and accuser will both testify in public on monday. really incredible developments there. say so long to fomo, new acronym to learn, fobo, what it means, top challenges for people in the workplace. and elon musk makes it official,
he revealed who will be making the first trip to the moon as space tourist, we will tell you straight ahead, all of that and so much more, coming up this morning kat kempf and kevin kelly, lindsey bell, welcome one and all, we got a rebonn. kevin: yeah, we do, that's pretty interesting. one fedex is down, that's showing what companies can do for next year, they have to invest in businesses, the cost of labor which is one of the biggest costs they have is going up. the tariff situation will be playing out as well which could increase cost of goods, it'll be interesting to see earnings guidance next year. >> fedex said, they talked about china and they are starting to see economic indicators slow down, 10% of the volume, 2% of
revenue, something to see there, they've got the boots on the grounded there. we will see that china is starting to feel this impact from tariff. dagen: that plays into the entire trump administration's idea that we have a lot more lemple over china than china has over us and we can put the hammer and put pressure on stock market which is we have seen despite the rebound and shanghai, again, is it work will be the question, we will talk to peter navarro in an about an hour, can't wait for that. and love you too, kat. >> yeah, i'm excited to be here. i buzzed out of bed this morning. maria: kat kempf excitement. peter navarro will be coming up in the next hour, white house strategic communications adviser mercedes slap and ralph norman is here and fox news strategic analyst jack keane and singer
and song writer joy villa talking about the emmy's, moving onto incredible important story that we will continue to cover here on fox, the death toll from florence reaching 32 across carolinas and virginia as heavy rains make their way out to have area, residents will feel impact of the storm for a long time to come, jeff flock is in wilmington, north carolina with the very latest. good morning, jeff. jeff: in the midst of flood waters, man against man in the trade war but man against nature in the war on water in north carolina and that battle is still to be waged, this maybe d.-day along the cape fear river, we are not far from cape fear river but perhaps you see it, it's way outside the banks here, off in the distance is dark, maybe next hour we will get sunshine for you, dagen, and see homes back in the -- you can't hardly see them inundated with flood waters and this is the day we expect a crest along
the cape fear, at least in upper cape fear, i checked the gauge last hour, we are gaining at about 3-inches per hour, yesterday we were gaining 6-inches per hour, so that's maybe good news, rescues across, incredible pictures from the air, i think the drone pictures perhaps give you the best sense of the enormity of this, i mean, this is a over very large swath unlike houston flood where you had concentrated neighborhoods, homes side by side, many destroyed, entire neighborhoods, here it's a wide swath, people with much more land and much more space between them, i guess, that's good news but if your home is destroyed not so, we will watch this all day here along the cape fear river as the crest moves on down and perhaps causes even more havoc that it already has. dagen: jeff, thank you so much, i know people are literally trapped in north carolina and can't go anywhere and wait if r
the power to come back on, waiting for provision, this is a developing story and we are glad that you are there. >> can't get through. dagen: thank you so much jeff, we will see you later this hour -- later this morning. fresh round of tariffs on $2 trillion worth of goods, tariffs will start 10% going to effect next monday before climb to go 25% on january 1st, president trump teasing announcement promise to go reverse year's long unfair trade practices. >> i have a lot of respect for china but last year we lost $375 billion in deficits, we will be announcing something and it would be a lot of money coming into united states of america, a lot of money coming in. dagen: here now republican strategists kevin scott, kevin, your reaction to this because,
again, republicans back in the day would call this a tax. >> yeah, and i think it is a tax on american consumers. when we look at the reality of the situation a lot of republicans were giving the president pass early on, they believed the tax that he would be negotiating, this was a tactic to bring china to the table. i think some still believe that but for most people if we get to this 25% level it's going to really hit the bottom line of middle-class america, so overall as tactic to bring them to the table this is good, what it actually means for american consumers could be really bad. we don't see action soon from china i think you'll see a lot more people very concerned about the president's tactics here. kevin: kevin, you're talking about how it could be bad for american consumers, can this be very good for american businesses who had ip stolen forced 50-50 joint ventures in china, china is trying to become
dominant in a lot of the sectors and industries by their 2025 plan, isn't this a good thing for the overall economy because now the american businesses can actually keep a lot of the intellectual property? >> 100% if we bring them to the table. they don't budge and we end up with just a tariff without china coming to the table and actually changing practices i don't think it matters, i think that's why the president is stepping this up. you're exactly right, he will try to force them into actually making changes and practices, they haven't done it so far and that's my concern. >> hey, kevin, lindsey bell, question on timeline here, 10% tariffs going into effect on monday, we have the midterm elections just right around the corner and 10% turns into 25% at the beginning of the year, what do you think the strategy is within the trump administration for resolving issues with china or is there no strategy and we are going to wait it out to see if they come to the table? >> no, i think they have a strategy, that's why they announce the 10% and announced
escalating 25% further out. we know that president trump will be with the president of china in november, g20 summit, i think the idea is to try to put more pressure on him now, bring him to the table and hopefully resolve this before january, if that happens, i think it's a positive thing, if we are sitting here talking in january about 25% tariffs rolling out, i think we will see a whole lot more issues and i do think it's strategic that that happens after midterm elections. dagen: kevin, is it a win for this administration, you've already gotten the mexican half of nafta renegotiated and, again, there's kind of a loose deadline this week in terms of negotiations with canada, but if you can bring that deal together and have a new nafta, if you will, that would be major win not just businesses and cob assumers but this president? >> oh, the nafta deal would be a huge win but i don't think this administration is going to be satisfied with just
renegotiating nafta, they believe that china is such an essential trade partner that so we are importing so much from china that to just renegotiate nafta alone is not enough, so that's why i think you see the president continuing to focus on the issue with china. dagen: and you had alibaba chairman jack moss say on tuesday that trade frictions between the u.s. and china could last for two decades and would be a mess for all parties, two decades, again, based on term limits president trump will not be in the white house, that's the issue is that you can use tariffs the fight the battle today but china is willing to wait out this administration frankly. >> well, i think that's the concern of the people that are up in arms right now when you hear the national retail federation, national federation of independent businesses, when they are putting pressure, hey f china isn't moving, we can't just do this when it hits american consumers because ultimately this will affect
trade but it is going to end the short-term raise prices on consumer products that americans are going to be buying especially ahead of holiday season this year. dagen: turn to go brett kavanaugh confirmation battle, supreme court nominee to testify before committee on monday along with the woman accusing him of sexual assault back when they were teenagers in early 80's, president trump standing by his nominees e knackulate record, listen to this, kevin. >> will go through a process and hear everybody out, i think it's important, they believe it's important, but, again, one of the greatest intellects and one of the finest people that anybody has known, you look at references, i have never seen anything quite like it. dagen: kevin, what do you expect out of the hearings on monday but quite frankly to paraphrase there's no way to confirm the woman's story about 36 years and to let mr. kavanaugh's confirmation to stop the
confirmation would ratify what has all the earmarks of a calculated political ambush, what do you think? >> well, i think we have to look at this entire picture, first of all, we have to acknowledge, everybody has to acknowledge that sexual assault is always, always wrong and that's why even if a claim seems baseless that's why we take them very seriously, the move to have both testify is 100% the right move, my issue is not with the accuser it's with senator feinstein and these tactics, the reality is this letter was delivered in july and it was intentionally held until this moment to bring up and that is where it seems like dirty partisan politics and so i am very impressed with the way the senate is handling issue and i'm impressed with the president's restraint, we know ha his gut reaction to punch back and attack and he's listening to advisers on this, he is not attacking the accuser, he's
sticking by his nominee and i think what happens on monday is that they both testify, we probably aren't any closer but -- any close the other relate resolution, none of us know what happened 35 years ago but i think you're going to eventually see brett kavanaugh confirmed. dagen: kat kempf, what do you think? >> we have midterms coming up and if dems control over the senate we could be dealing with an entire situation here. >> i trust that mitch mcconnell is going to find a way to squeeze this through and i think ultimately this is my belief, i believe the democrats know that's going to happen but what they are going to do is turn around and use in midterm election this issue coupled with president trump's record and they will use it against vulnerable gop senators and congressmen to say that this is ongoing war against women and that republicans are part of this culture that's against
women and so this may not prevent them from keeping -- may not help democrats keep brett kavanaugh off the supreme court but it will 100% be aa tactic in pushing narrative against the gop. dagen: and if some republican decides to vote against brett kavanaugh it would be interesting to see what the fallout come november because that's why -- that's one of the major reasons why president trump was elected to the white house, immigration and supreme court nominees. i will leave it at that, kevin, thank you so much, kevin scott, great of you to get us so early for us this morning. coming up office politics at play, top 10 challenge that is workers are facing in workplace right now, we have the list. signing up for space, elon musk revealing who will fly to the moon on spacex new rocket.
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we find suspicious. if it's not your purchase, we'll help you resolve it. it's a new day at wells fargo. but it's a lot like our first day. >> a sheriff deputy killed in line of duty in california, cheryl casone has the details, good morning, cheryl. cheryl: that's right, dagen and good morning, sacramento deputy shot and killed in a shootout at pep boys store, officer and gunman all shot and injured during the shooting, fatal second injury for sacramento department excuse me in little over more than a year since start of 2018 at least 37 law enforcement across the united states have died from gunfire. well, cigna's plan to purchase express grips with cleared major hurdle, a decision that would
lead to lower cost, the deal a good sign that cbs 69 billion-dollar purchase of aetna will win antitrust approval. shares of both cigna and express scripts closing up sharply higher yesterday, well, senate republicans an democrats joining forces to pass legislation aimed at fighting the opioid crisis by a vote of 99 to 1, the bipartisan package of 70 bill focuses on prefnls 2006 prevents and treatment, cracks down on important drugs and increases efforts into research. that vote not enough to say one well known tv character at abc, reportedly be taking stage in roseanne barr. >> they killed her.
they have her killed of opium overdoes. cheryl: she said it was disrespectful to fans that loved she said her character will die due to sudden turn of events, dagen, there you have that, oh well. dagen: in the meantime i watched the emmy's last night. wardrobe malfunction. [laughter] dagen: thank you, cheryl, having trouble keeping up with work emails, the top 10 challenges that workers are facing in workplace, plus more trouble for moviepass, thousand parent company is looking to prop up the stock price again. friends, colleagues,
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dagen: new survey reveals that top workplace challenges and obstacles that employees face. lauren simonetti has all the details and she's sheer to tell kevin -- [laughter] dagen: what fobo stands for. lauren: we will leave that to the end. think about what you think it means, what are your top challenges, number one, finding work-life balance, managing workload, dealing with coworkers and workplace politics and managers and bosses, maintaining the passion that you might have once had, not having someone that you can ask for help and a lot of people also say they
don't like to ask for help, shows weakness, some would rather work an extra 6 hours a week than ask for help but then you're overworking and making yourself tired and maybe anxious but nonetheless we don't like asking for help, number 9 here is equal pay, negotiating a salary and here you go, getting through inbox, it is tough to answer all of those emails. my biggest problem is getting here. waking up and getting here. i think a lot of people can grow to that. >> a problem for me this morning as well. dagen: i've been doing it 9 years. lauren: does it get any easier. dagen: does not get any easier, hangover without the party a night before, that's what it feels like. lauren: we are happy if that's the biggest challenge in the workplace, right, kevin? kevin: i think we should fobo is fear of -- >> blacking out. kevin: that's true at the office
just fainting. lauren: good one. fear of better options. a lot of people stay with the job because they are afraid of change or they don't want to get to know a new political culture or even change your 401(k) or something like that, they stay where they are. kevin: show that is people are making the move. the number of quits has upped significantly, we have 6.6 million job openings because there's roles to be filled, it's so funny -- lauren: workers are confident that they can apply for a job and actually get it because there's jobs out there. pay more money. dagen: people need to know that you can make demands about perks in the workplace, story in wall street journal today about retailers struggling to fill all of the open that is they have ahead of holiday shopping season and that you can push for extra perks like profit sharing event paid time off, even for a seasonal worker which is really
incredible with low unemployment and as you pointed out so many job openings. lauren: if you the talents maybe the bosses are actually listening and will do something to get -- kevin: tell your bosses that you want them to let you be more like jeff bezos, he doesn't have first caller meeting till 10:00 a.m., he gets 8 hours of sleep at night, do you see economic -- lauren: 8 hours of sleep at night? i don't know any executives that does that. kevin: her forms better and thinks clearly, who knows, this guy -- >> i haven't had 8 hours of sleep since i was a small child. [laughter] lauren: 8 hours comes with living the life of luxury and the ability to pay people -- kevin: well, that's the difference between him and elon musk, both have companies that are sending things out into space and they have their other companies but one is operating really well and getting 8 hours a sleep and the other is kind of
having trouble on twitter. dagen: having trouble communicating after listening to joe rogan podcast, that was like pulling teeth getting him to answer questions. it was low on the list of equal pay, trying to negotiate bigger salaries. >> you have to stand up for yourself because nobody else will. dagen: absolutely, i wanted to point out all of this, my dad would look at this list and say, you should be thankful you have a job. shut up and get to work. that would be my father. lauren: times are changing, i know my parents would say the same thing, be happy, you're employed. kevin: wake up an hour earlier. dagen: my father doesn't say that for me and he's still afraid that i will move back with them. lauren: i'm sure he would love you back home. dagen: no, he would not.
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we have a live update. more tariffs, president trump ready to activate another round of tariffs on $200 billion worth of chinese goods, this as china readies the plan to retaliate against u.s. tariffs, we have the latest there, futures are showing that across the board, we have gains to report, all three major market gauges ending lower with the nasdaq composite shedding nearly 1 and a half percent, so tech stocks taking hard hit yesterday. it was the same story overnight in asia with every major market there ending to the upside, to the moon spacex unveiling tourist, blast off in 5 years, we will reveal who is heading to space, best an ad can get, gillette taking a swipe at nike
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fayetteville, here 15 miles south of new bern where there have been hundreds of rescues, we are in a town, not in it, outside of it, it's under water, they've done more than 150 to 200 rescues here, they are totally cut off from the entire world and we talked to yesterday with county manager as black hawk helicopters were bringing in much needed supplies, his name is frankie howard and here is what he had to say. >> we have resources coming in to help citizens, we've got -- they are delivering and bottled water, we have folks that haven't had bottled water, nobody is living in jones county. we experienced flooding back in floyd, we've exceeded all of those records now and it's pretty devastating. griff: as i was talking about new bern, the reason the river
here up in new bern they are cresting at or above record levels because prolonged storm surge and unbelievably historic rainfall, unbelieve and the people that are getting rescued, wasn't person that we watched getting rescued clayton was glad to get out, here is what he had to say. >> it was terrifying, i wasn't going to leave, god can move mountains, so i didn't want to be a fool so i left. griff griff i will show you a quick thing, it's dark but i think you can see it, this right here 10:15 p.m. the sheriff's office marked water line, receded maybe 3, maybe 4 feet, i won't go too far because we have seen two snakes already, it just tells with that amount of water a long time before they can go away and get recovery operations underway because they are still in rescue mode right now making sure everyone is evacuated and
out of this town sealed off and i can tell you that the president hopes to come down but secretary -- press secretary sarah sanders saying that the president won't come until he's sure he will not impede the rescue operations. dagen: the stories of heroism of survival and community and recovery, griff, thank you so much for that reporting, griff jenkins in north carolina. joining me now as fox news senior strategic analyst general jack keane, general, you spoke to the director of north com who is handling the department of defense's response to florence, can you tell what you say you learned about the military's, response? >> yeah, sure, they are responsible for the defense the the united states and they have mission to deal with disaster relief and he certainly cites what we just received in update that there's plenty of challenge with waters rising, he credits a
number of things that are going on with emphasis, one is that the robust states in north carolina, south carolina in terms of their strong state organizations and local organizations and their preparedness and ability to execute in nation national crisis situation, secretary of defense mattis took strong leadership here and provided the military bases that stretched from florida all the way to southern virginia, that's the largest density of military in the united states but any place in the world and gave them authorities to conduct immediate assistance for local communities and moved troops from new york to kentucky into the area to reinforce local authorities, the third thing is, dagen, when we are looking at an enemy, we call it the threat, and here the threat is rising waters and the engineers that are doing
modeling, they have overhead satellites and they have drones and they can anticipate where the crisis flooding will take place so resources can be focused to rescue operation and then the rescue as we are seeing and watching on television it's all in -- it's first responders, national guard, certainly the coast guard air rescue backed up by other military rescue from camp lajun military base, fort bragg, high-water rescue vehicles, the military is to assist local communities and state organizations to complement what the national guard is doing and looks to me, you know, i'm not sitting in the middle of it and just watching and talking to secretary mattis on friday and now general, that everything that can be done to save lives here certainly is being apply today this terrible situation. dagen: you mentioned the concentration of our military personnel on that part of the east coast but just in north
carolina, correct me if i'm missing any military installations, johnson air force base, cherry point, camp lajun and fort bragg right in the concentrated area of the state and that has probably prevented greater loss of life is that safe to say? >> yeah, it is, absolutely no doubt about it. fort bragg, 45,000 and camp lajun a little bit less, the density is extraordinary. the governor alerted the national guard early and brought them into position them, mobilized them and that's helpful. this is a hurricane area, these local communities are crucial and these leaders have lots of experience and this area of wilmington and most of the hurricanes that are coming to north carolina touch wilmington always have and their emergency operations know how to deal with this and it's crucial. dagen: it's important to continue to cover rescue of this
region, shows military commitment of safety of the american people here at home and abroad. i want to switch gears general to this, third summit between the koreas is under way starting with warming brace with kim jong un and moon jae-in, kim saying that meeting with trump helped stabilize the region, what do you say? >> well, i think it's a step in the right direction, what we are all waiting for is we have good public diplomacy to be sure between north carolina, south carolina and the united states and china's public diplomacy has been good but what we don't have, we don't have any indication that north korea is going to honor the commitment they made in singapore that is to denuclearize, there's no evidence yet of that, there's still rhetoric and what the evidence would be where are the sites, both nuclear and missile, let us look at the sites and
independent inspectors put together a plan and give us a schedule and let's inspect it as it goes and we don't have that yet and until we get something like that i think we still have to put in question whether the north koreans are going to fulfill the commitment they obligated themselves to at the singapore summit. dagen: then we move onto iran and this is connect today north korea in terms to have relationship between north korea and iran, florida senator marco rubio now urging the department of justice to look into whether former secretary of state john kerry is actually violating the law by meeting with firms from iran, what do you make of what the former secretary has been up to, general? >> i have never seen anything like that in my experience, i mean, he's trying to say that he goes to security conferences and these are natural things, but it's not, a lot of reporting on this and seems to be quite obvious who has been taking place here, he is actually
urging the iranians who are not an ally, they have been an enemy of ours since the early 1980's when they begin to kill americans and they killed us by the thousands to be frank about it over 38-year period, let's not call them competitor or adversary and yet he's there supporting a policy that's in opposition to current u.s. policy, never heard of anything like that and that is why you saw the extraordinary thing also that is unheard of where the current secretary of state calls out his predecessor for this kind of behavior. dagen: it's appalling. >> it is, i've never -- it's an absolute lowest of lows for a former government serving official. dagen: general, we are glad that you served and we are glad that you are here every morning that you can be, general jack keane thank you so much, you covered a lot for us this morning. >> good talking to you, dagen.
dagen: thank you, coming up signing up for space, elon musk revealing who will fly to the moon on spacex next rocket, plus more trouble for moviepass, we will tell you how its parent company is looking to prop up its stock price once again. what if numbers tell only half the story? at t. rowe price, hundreds of our experts go beyond the numbers to examine investment opportunities firsthand. like a biotech firm that engineers a patient's own cells to fight cancer. this is strategic investing. because your investments deserve the full story. t. rowe price. invest with confidence.
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dagen: tesla getting another rival, major investment from saudi arabia, cheryl casone has the details, hey, cheryl. cheryl: hey, dagen, saudi arabia fund investing, high performance electric car, the money expect today cover the costs of engineering first vehicle and start making it in arizona in 2020. the saudis also have nearly 5% stake in tesla, meanwhile audi taking the rafts of new electric suv, the audi etro in will go on sale in the u.s. next year 75,000 starts with 1,000-dollar deposit, shares of audi are down nearly so far this year, meanwhile, elon musk spacex company is making strides, they've introduced their first space tourist, japanese billionaire is going to blast off from earth in 2023.
>> finally i can say -- [inaudible] >> i can go to the moon. cheryl: art collector and invite 6 to 8 artists to participate in lunar voyage to inspire work, no price tag of ride. planning to undergo massive reverse stock split of 1 to 50 next month, second reverse split in less than 3 months, will bring share price to just over $8, the stock closed to 1.65, down almost 30%, though, on the news. wow, look at that. okay. and at the 70th prime time emmy awards, big night for streaming services for the first time ever netflix and hobo tied for most awards, snapping 23 wins each, notably game of thrones took
award for best drama series, amazon marvelous won best comedy series lead actress and yes, the fons, first role in hbo's berry, look, this is the acceptance speech i wrote 40 years ago. for more on that we will have singer and writer joy villa, she will be joining you to talk about her impressions of last night. i know you had impressions. kevin: you didn't mention it once. we have the fons but no crown which is amazing. cheryl: you have to give me time. kevin: sorry. [laughter] dagen: arthur and queen elizabeth in same sentence.
kevin: okay, this isn't the queen, ted cruz not like we are seeing the actual queen, this is a drama which is amazing. >> i have no interest in it. i watched the whole thing in one weekend. dagen: since i'm older than all of you combined i jumped out of my softa last night when henry winkler won and screamed fonsy. i have no life, i'll be watching everything that i can this evening. coming up, you might want to give this a shot, connor mcgregor unveiling new line of scottish whiskey still ahead. (vo) when bandits stole the lockbox from the wells fargo stagecoach,
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dagen: major league baseball history last night in milwaukee, jared max is here with this rarity. jared: when a player gets single, double in game it's a cycle but not in one season but last night after he got possible hits against the reds kristin did it again against the same team, you know what you call this cycle a bicycle, brewers won 8-0. young man named michael who caught the home run ball gave the ball in exchange from signed baseball, week 2 of nfl season,
last night wrapped up chicago as bears sunk claws into sidewalk quarterback russell wilson, not only sacked him six times but we saw the first pick 6, chicago touchdown, the bears send sea hawks and get this 11 days after pleading guilty likely sanctioned in january started last night, he played in place one-handed who was featured in gillette, similar campaign idea with colin kaepernick but truly about sacrifice in sport. >> let me give you a better understanding. >> one, two, three. >> it's all about work, putting
in the work, putting in the work and shakeen, he believed. >> i'm never going to start fighting, i'm never going to give up. jared: what a story, ultimate fighting champion connor mcgregor has gotten in whiskey business, irish whiskey and blend of triple destilled grain and cost around 25 bucks, so connor mcgregor stepping into the ring in another aspect of life. dagen: he can sell, he really has been the greatest star from the ufc and went onto fight floyd mayweather, he is going to mma, angry one but phenomena. kevin: someone guilty of insider trading played football last
night. unbelievable. dagen: we will talk about that as the morning wears on, jared, good to see you, straight ahead, everybody, the best and the worst of last night's emmy awards next hour on mornings with maria. so you'll still be here to help me make smart choices? well, with your finances that is. we had nothing to do with that tie. voya. helping you to and through retirement.
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- at afor the financialt's time world to stop acting the same old way. you need a partner that is willing to break free from conventional thinking. we are a different kind of financial company. we are athene, and we are driven to do more. dagen: tariffs go into effect on monday. ahead of the announce machine, he explained why it's so important for him to do. >> it will be a lot of money coming into the coffers into the united states of america. dagen: markets taking the news in stride. we have a 60 point gain on the dow futures right now after losses yesterday on all three major markets, the blue chip shedding 92 points to start this week. hardest hit were technology stocks. tariff fears one of the worries
there. checking global market action, we have slight gains across the board on the european markets. england, france and germany heading higher many i was the same story in overnight trading in asia. japan, shanghai, hong kong and south korea, those markets all to the plus side. florence fallout, devastating flooding wreaking havoc on the carolinas. a tornado slamming virginia. you look at these incredible picks. the latest on rescue efforts straight ahead. to the latest battle on cap l toll hill, the -- capitol hill, the nomination of brett kavanaugh, kavanaugh and his accuser will testify in public on monda monday. a new controversy for facebook over privacy. the company reportedly tried to get information from financial firms on their customers. that story ahead. the emmys get political before the show started. one star wearing a nike jersey in support of colin kaepernick.
we have the hits and misses later this hour. all that and so much more coming up this morning. cat temp is here, kevin kelly and cfra investment strategist lindsey bell. the markets are holding up this morning. >> i think the markets are seeing that china's response to these tariffs has been bretted . they said they're going to retaliate. they haven't mentioned about the trip, about the vice premier coming to continue talks and negotiation was the u.s. here in d.c. that's supposed to occur tomorrow. so i think that th the market's viewing this as trump calling china's bluff. >> or the market is caring about earnings and how the economy's doing. we've taken hit after hit for a couple years now and the market is resilient. it hasn't gotten expensive. dagen: the tariffs and the
trade fight relate to the profits in the economy. again, the economy is holding up, still expected to grow north of 4% this quarter despite the trade fights that we've gotten into, profits still growing handsomely so far. >> the market knows all of that. the market knows yields are going up. the markets knows the fed's going to raise rates. dagen: the united states is moving forward with tariffs on $200 billion in imported goods from china including things like cotton, seafood and toe ba toba. china vows to retaliate. joining me now the office of trade and manufacturing policy director, peter navarro. good to see you this morning. you heard the good news. >> giddy up. where's my horse. my kingdom for a horse. dagen: what can you tell us about china many coulding back -- china coming back to the
table, the vice premier coming to the united states about continued talks. can you give us insight into when and if that's going to happen. >> the chinese indicated they wanted to talk. we're happy to listen. it's no secret what needs to happen, dagen. there's a long list at my office at the white house, prepared a report that had over 50 different unfair trade practices the chinese engage in. the united states trade representatives did the report on the 301 investigation which documented how china steals our technology, how they force the transfer of literally dozens of and dozens of unfair trade practices. the chinese need to know what they do. i think the markets are getting this right in the sense that this is the time for china to be held accountable for its nonmarket economy behavior, for its cheating. going forward, we can't have a healthy global economy if one of the biggest economies is
basically a predator. so let's see what happens. but these tariffs are a necessary defense against the behavior of china and good for president trump. it takes both courage and vision to do this. we went through two presidencies going back to 2001 where the chinese had their way with the american economy. we lost over 70,000 factories, 5 million manufacturing jobs. now we've got a really strong economy. it's tax policy, it's regulatory policy, it's this president. dagen: this is a 10% tariff and correct me if this is wrong, this is based on the reporting so far, 10% tariff and then it takes effect september 24th and rising 25% at the end of this year. >> that's correct. dagen: this will be for the first time tariffs on a broad swath of consumer goods. we listed some of them earlier, seafood, luggage, to name a
couple. i'm sure you've had conversations about this. what do you think will be the impact on consumers? how will consumers react to these higher prices, if you will? >> well, the bigger picture here is these tariffs will lead to some what we call import substitution. in other words, we'll start making some of that stuff here. every week at the white house i have groups come in to me, come in to talk to me about how the chinese are playing unfair and driving them into the ground and putting them out of business. if we have those tariffs in place, american companies will be able to make things and american workers will make them with their hands. so that's a good thing. we'll also see some shift to other countries which is fine. we are free traders. what we don't like is when a country like china puts 25% tariffs on our autos and expects to be able to sell into this market at 2.5%. so we'll see, we'll basically see some adjustments. in the scheme of things, the
macroeconomic effects are negligible to positive because we need to restructure this economy and stop the chinese pre dation. we're getting hurt when china dumps steal or aluminum or autos oro bought ior robotics into s and depresses prices around the globe. dagen: i've been critical of steel tariffs, you know that. do you see a point when those steel and aluminum tariffs will be lifted on our allies. we're in negotiation was europe and particularly canada this week. do you have a date at which you would like to remove the steel and aluminum tariffs? >> that's a great question, dagen. let's be clear about the purpose of the steel and aluminum tariffs. it's not to punish our allies or anybody. it's to defend two key pillar industries that are critical to national security. what we need to do is we need to
reduce the amount of imports flooding into the market so we can have healthy steel and aluminum industries. our allies, canada and mexico, have been offered quotas in lieu of tariffs and we hope that that will happen as part of the nafta negotiations. but under no circumstances can we simply let any country, whoever it is, be free from tariffs or quotas because they would simply become trans shipment points for all the steel that's out there and it's a huge overcapacity. i'll tell you what, dagen, those steel and aluminum tariffs are working beautifully for this country. we're seeing a wave of new investment in both of those industries. we're seeing wages go up. those are good paying jobs in communities that desperately need those jobs. and it's been a highly successful policy as has been the solar tariffs and the dishwasher tariffs and this china policy -- dagen: i can put you on the phone with some manufacturers,
small manufacturers who are facing higher costs because of those steel tariffs. and i'm not going to speak for them but they will beg to differ with that. and there's been -- there are concerns, you saw it in the beige book last week that districts noted concerns prompted some businesses, this was about tariffs, to scale back or postpone capital investment. we don't want to see that in this economy. >> totally agree with you. but let's make sure that we particularly on a program like this look at the data rather than the anecdotes. dagen: listen, i will freely admit that. a lot of this information that you're hearing is anecdotal. it's concerns. it's people saying i'm worried. but in terms of it showing up in a significant way in the stock market or even in the economy, even in profits, you just aren't seeing it. but continue. >> for good reason, dagen. because the president, president donald j. trump has figured out long ago that we need to defend this country from unfair trade
practices. the ideal here is free trade. zero tariffs, zero subsidies, geazero nontariff barriers, zero currency manipulation. we would love to be in that world but we're not. every country takes advantage of us in some world. germany, 10% tariffs on autos, 2.5% here. china, they're like tariff-land. dagen: i'll push back on that. we've got a 25% tariff on imported light trucks in this country. if we're going to talk about tariffs, europe doesn't like those. >> what's interesting about that, dagen, that's one of the most healthy segments of this economy and it speaks to the point going back to william mckinley, tariffs can be a good thing for america. this is a world we live in. i think the bigger picture -- dagen: the unions love it. auto workers union loves it. >> in places like south
carolina, they love it too. dagen: that's true. bmw makes all -- it makes in south carolina makes the small crossover vehicles, the suvs down there. really quickly, i want to -- there's a couple things i want to get to. canada negotiations this week, what are the odds we get a deal? >> we're not in vegas here. i don't have my horse. no giddy up here. i've got the greatest amount of trust in ambassador robert light heisser to get a good deal for america that he can take to the president. if canada's willing to come on-board with the deal that was negotiated with mexico, it's a great deal for this hemisphere. the mexico deal basically with the domestic content in it and the rules for labor will basically turn north america back into a manufacturing powerhouse with a solid supply chain. i hope canada sees the wisdom of that. but i'm not going to handicap
that. that's up to the vegas folks. dagen: it seems like the stumbling blocks are few at this point. >> surprisingly, too. one wonders what the holdup is on the north side of the border. dagen: one more thing. president trump talks about these tariffs and we heard him -- we heard a piece of sound from him earlier about helping, how much money they're bringing in and maybe paying down the debt and the deficit. does the president or do even you view this as essentially a value-added tax not on americans but emerging markets who treat us badly? do you see it as a way to tax some of our trading partners to help pay down the debt and deficit? >> the way i view it as an economist is a defense against unfair, nonreciprocal trade practices. to the extent it brings in revenues, that's a great thing. if you go back in the history of our country, lincoln, mckinley, many, many of the presidents, they saw tariffs to be a useful
form of raising revenue and in this particular case it's a perfectly legitimate thing to do when these countries that we're dealing with charge very high tariffs, very high nontariff barriers and china in particular. dagen, look, we have to have this moment in this world where china has to stop stealing our stuff, they have to stop forces the technology transfer that could evade our export controls. when they get that money from us by cheating us, they come over here and they try to buy up silicon valley on our future. president trump says more, not on -- says no more, not on his watch and good for him. dagen: thank you, peter. a shakeup at the golden arches, the details as mcdonald's workers from 10 cities gear up to strike over sexual harassment. and the emmys getting political before it even started. the details ahead. ♪
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-so, this is covered, right? -yes, ma'am. take care of it for you right now. giddyup! hi! this is jamie. we need some help. dagen: the death toll from florence reaching 32 across the carolinas and virginia as the heavy rain makes its way out of the area, residents still feeling the impact from that storm for a long time to come. jeff lock is in wilmington, north carolina with the very latest. jeff. >> reporter: the sun is up now so we can see a little bit better in here. maybe you see the water behind me. we're a way back in here a bit. this is all over north carolina right now, scenes like this. it's not entire neighborhoods that are destroyed but individual houses here, there and everywhere across north carolina. the headline to me right now in wilmington, north of fayetteville, we just confirmed that we've had the crest here
and on th we're on the way down. we reduced several inches in the last couple hours. the gauge a lillington consistet firming'confirmsthat. the water is heading down towards fayetteville. it's still rising in fay vet fayetteville. next hour we'll show you what the bridges look like from one side of the cape fear river. this is cape fear river, not in the river banks, but there you go. dagen: jeff, thank you for that reporting as always, jeff in north carolina. all eyes on oracle after first quarter revenue came up short. cheryl casone has the details on this and more sc. cheryl: oracle trading lower in the premarket after they missed on revenue due to disappointing sales in the cloud services revenue and the revenue from license support disappointing. the cloud business is the
biggest division. oracle trails rivals such as microsoft, amazon and sales force.com in that space. mcdonald's workers in ten cities plan to walk out today to bring attention to sexual harassment. they want to highlight their struggle and call on the company to take action. the cities included in this chicago, los angeles, miami and san francisco. arresarby's is giving fans free sandwiches for life. here's the catch, you can't eat it. they announced they will pay devoted fans to get tattoos on sandwiches on their body. that's why they're calling it a free sandwich for life. get it? you have to travel to the port city tattoo parlor in long beach, california this saturday. otherwise, you have to get the tattoo on your own and have you to pay for it if you still want it, dagen. those are your headlines.
dagen.>> why would you put an as sandwich tattoo on your body. >> what i if i wanted to do it from new york. dagen: i would say no. >> you could take time off and head down there this weekend and get a roast beef sandwich tattoo on my face. dagen: i wonder if marge gunder sorgunderson would get an arby's tattoo. >> yesterday they were talking about how dominoes would give away free pizzas for life if you got the tattoo in russia. dagen: we did that story before it was on the front page of the wall street journal. >> i'm reiterating it. we're talking about free food tattoos. dagen: we're ahead of the tattoo food related stories. coming up, fisa warrant showdown, the details after president trump orders several documents to be declassified. shifting gears for ram pickup
trucks, the latest developments as this vehicle will now be made in the u.s. of a., straight ahead. (vo) when bandits stole the lockbox from the wells fargo stagecoach, agent beekman was one step ahead of them. because he hid his customers' gold in a different box. and the bandits, well, they got rocks. we protected your money then and we're dedicated to helping protect it today. like alerting you to certain card activity we find suspicious. if it's not your purchase, we'll help you resolve it. it's a new day at wells fargo. but it's a lot like our first day. ♪ ♪
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i have to wear a giant hot dog suit. what? where's that coming from? i don't know. i started my 401k early, i diversified... i'm not a big spender. sounds like you're doing a lot. but i still feel like i'm not gonna have enough for retirement. like there's something else i should be doing. with the right conversation, you might find you're doing okay. so, no hot dog suit? not unless you want to. no. schedule a complimentary goal planning session today with td ameritrade®. dagen: documents declassified, president trump ordering a wide range of documents including those tied to the fisa warrant on carter page and text messages between peter strzok and his then lover lisa page, all of these to be made public. house intelligence committee chairman devin nunes laying out why the revelations are important for the president and the american people with maria bartiromo on her show, sunday morning futures. >> if the president wants to
american people to really understand just how broad and invasive this investigation has been to many americans and how unfair it has been, he has no choice but to declassify and i will tell you, as we continue to move forward here it's in the best interest of our intelligence agencies to have full transparency on this. because you're really dealing with many americans who are living in an alternative universe who have drank this russia kool-aid. dagen: joining us now, mercedes callwin. what are we going to get in terms of these documents? what is going to be in these documents, potentially? >> there's 421 pages to this application, which is amazing. we're just scratching the surface. what the documents are going to zero in on is the allegations that there's been bias.
we've seen the text messages between strzok and page which have shown a deep bias for the president. look to see if there's a bias. what's being declassified? we have strzok and page. we have comey. we have ohr. we have mccabe. these are individuals that at least there's been allegations that there was a bias against the president. some of the bias may be reflected in what's in the documents. >> do you think these will become public. just because it's declassified doesn't mean it becomes public. >> great point. it depends on whether national security is at risk. there's an analysis that goes in. there will be a vetting process as to whether or not the american people will get to see it. >> the biggest issue i think that we're seeing come across is that they were so focused on potus as opposed to focusing on the issue which was hillary clinton and what was going on with her e-mails and her server. they weren't investigating that. that was kind of like they weren't actually doing their job on what they should have been doing as opposed to using the fisa application to then concoct
and go after this russian meddling situation. >> that's part of it. it's part of the equation. that's why i'm saying there's so many documents that are in this application. 421 documents at issue, we're seeing just small drips and drabs. it's so broad. it's important to see what's the rest. if they're going to be declassified. dagen: so many people in america just know better. it's not just a coincidence that peter strzok and lisa page are talking about we'll stop it, an insurance policy, and then bob mueller when he dismisses peter strzok, then fbi agent from his investigation team, never questioned him about bias at all, never asked him about the text messages. we know that from peter strzok's testimony in front of congress and then a warrant to spy on or surveil an american citizen that was in large part based on an unverified dossier that was paid for indirectly by the clinton
campaign, that's astonishing to people and the fact there isn't more universal outrage over this is perplexing. >> a lot of it was done in secrecy. a lot of it is that's why we have to ferret it out. that's why the american people want to know what's in the p application, what are in the documents. >> what happens after the documents are released? what's the next step. >> it depends. more documents may be released. there might be this -- mueller's focus will be on -- look at, this is part of the investigation, you're relying on this. this is showing a deep bias. it will start to dismantle that investigation. maybe, frank lirk frank lirks ie it -- frankly, it will close it once and for all. dagen: all eyes will be on brett kavanaugh, the supreme court nominee and the woman accusing him of sexual misconduct, will testify publicly. the hearing before the senate judiciary committee, mercedes,
what are your expectations of this? the wall street journal has a long editorial about it today. >> look, frankly, any accuser that comes forward and says there's allegations, they should have their voice, there should be a due process, they should be able to come forward and say this is what happened to me, this is what occurred. give them the platform, give them the voice and have the accused come forward, which obviously judge kavanaugh will have the opportunity to rebut it. he's already said, he had a statement published on friday saying this never happened, i have no idea why these accusations have come forward. >> do you think this should be -- this hearing should be held in front of an outside counsel instead of the senate to make it less of a political situation, make it more about the truth? >> that's a great point. i really think when you put individuals under oath, i've been practicing a long time, people will come forward and be presumably truthful. there are penalties of perjury. whether you have -- you're in the center floor, in an office,
wherever you are, if you're sworn to tell the truth, presumably you're going to tell the truth. dagen: i'll quote the wall street journal, the vaguery of knowledge are well-known. we know from this accuser, she never told anybody about this until 30 years after the incident happened during a therapy session for her marriage. there's so many issues. to your point, how can these republican senators, men, go after this woman and really press her. if they hold back, they lose. if they attack her, they lose and will be basically accused of being sexist by the left. there's no win here. >> with her coming forward, she'll state it. obviously there's already issues about her credibility. obviously the length of time and the record -- at least it's reported that the records of her therapist never mentioned judge kavanaugh by name. those are private, confidential
documents. how come you didn't mention the individual that you claim harassed you many years ago. there will be a lot of issues here. they'll have the due process. dagen: she retained a lawyer earlier this year after she brought her story to a democratic official who has a history of democratic activism who spoke in public in defense of bill clinton against accusations by paula jones, this is from the editorial. i'm talking about the woman's lawyer. thank you again. escalating trade tensions with china, we explain how beijing officials may use the company's property market as leverage against new tariffs. and the emmy awards getting plight call. >> the only white people that thank jesus are republicans and ex-crack heads, so. dagen: there's more to the joke that we will show you in detail, youd head. ♪ ♪
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dagen: wag. i'm dagen mcdowell, in for maria bartiromo. it's tuesday, september 18th. your stotop stories. florence fallout, at least 32 people dead after florence leaves the carolinas with historic flooding. more than 100,000 people are still without power and trapped in the city of wilmington, north carolina. we have a live update. more tariffs, president trump announces another round of tariffs on $200 billion worth of chinese goods. the trump administration still willing to deal with china. >> we are ready to negotiate and talk with china any time that they are ready for serious and substantive negotiations. dagen: china planning to retaliate against the u.s. tariffs. we have the very latest. futures are showing gains across the board, a 55 point gain on the dow futures this after all three major market gauges ended
lower yesterday with the nasdaq composite especially hard-hit. those technology stocks taking a beating. the nasdaq yesterday falling almost 1.5%. in europe, right now as the trading day moves on we have slight gains across the board. asian markets finished higher overnight, all four major markets there gaining, the biggest winner the shanghai, up 1.8%. facebook and finances, the social media company reportedly asking financial firms for access to user data on its messenger app. details on the latest privacy concerns. made in the u.s. of a., ram reportedly will build its next mid-size pickup truck here in the good old u.s. of a., more on how the company is bringing manufacturing back home. the emmys going political, a few celebrities taking the opportunity to make a statement. the hits and misses and some laughs, that's ahead. but first, florence's fallout,
flooding from the storm expected to swamp the carolinas for days. griff jenkins is on the ground in pollaksville, north carolina with more. good morning,. >> reporter: it's all about the rivers now, whether the cape fear river, the lumber river, or the trent river that crested at record levels, flooding the entire little town of pollaksville, cutting it off from civilization. they had helicopters bringing in supplies yesterday, local and federal resources trying to get aid for these people and bring them out because they're trapped. i just want to take a moment, dagen, to bring in a life-long resident and local business owner, darryl bell. come over here for a second if you would. what has this done to your community here? >> it's devastating to our community, our little town is flooded and everybody's moved out, moved up to higher ground and hopefully we can get the water out of here and assess the damages and see what we've got to work with. like i say, it's totally devastating, highway 17, main
road is under water, the bridge may be compromised and we're in trouble this morning. we're going to do the best we can. >> reporter: when and how will you recover from this? >> well, we never had to do anything like this before. we had a flood in '99. it was devastating. but this is much more. we'll have to adjust our scale a little bit and see what we've got and help out and move on from here and hopefully we can overcome it. once again, it's the biggest thing this little town has ever seen. it's bad. >> reporter: i want to ask you, quickly, behind us the main bridge going over the trent river which is about 100 feet wide. you were talking about infrastructure. that bridge may be damaged well beyond the flood water. >> the bridge was compromised before the flood. the rain waters have washed a portion of the highway out on the edge of the bridge, washed it out and i had no idea. i talked to d.o.t. fellow the other day. he said he did not have a clue
what it will look like when the flood is over. it's man had many millions of gallons of waters rushed over and it may be compromised where you can't travel on the bridge. they'll have to inspect it, they say. >> reporter: the business owners, like yourself, you had a mechanic shop for more than 40 years. what will this do to the businesses locally? >?>> i'm local, been here 45 years. i know everybody, everybody knows me. hopefully we can get together and proceed on from where we're at. once again, we're a small town and we're going to try to do the best we can. that's all we can do. >> reporter: all right, mr. bell. we'll be thinking about you. thank you very much. that's what we're dealing with here, dagen, they can't even get to the full recovery because the water hasn't left yet. when they do, they're going to get together and try to do the best they can. dagen: thank you so much for that reporting. blessings to people of that town and that state and everybody impacted by the storm.
we'll keep covering it because it is important. thank you, griff. switching gears. escalating trade tensions between the world's largest economies. china vowing to retaliate after president trump announces a 10% tariff on roughly $200 billion in chinese goods. the new tariffs go into effect next week. they will rise to 25% on januar. here's what white house office of trade manufacturing policy peter navarro told me earlier this hour. >> every week at the white house i have groups come in to me, come in to talk to me about how the chinese are just playing unfair and driving them into the ground and putting them out of business. if we have those tariffs in place, american companies will be able to make things and american workers will make them with their hands, so that's a good thing. dagen: china may use the country's rising property price as leverage against president trump's new tariffs. joining us now, real estate attorney, ed marblestein. how can china use that against
us? >> if they're going to prop up their economy by relaxing lending on real estate, the likelihood is that we're going to start seeing prices escalate, more construction, more purchases, and the market's going to some degree take off in a similar fashion that we saw in the united states back in 2003, 4, 5. >> okay. so the reason it's important is about two-thirds of the chinese people, their assets are tied up in property. it's also part of the government revenue, et cetera. like you said, this will create new jobs. prices have been rising for about three years now over in china and they are starting to put restrictions on some corporations from investing in residential property, i know that. so how do you see -- what's the best way to move forward and continue the momentum in the housing market and how much will really offset the pain coming from tariffs? >> we're going to watch how
things play out because we saw in the united states it didn't work out that well, only 10, 12 years ago, so most likely we're going to start seeing similar situation in china where there is going to be somewhat of a short pop, similar to what we're seeing in our tax situation here in the united states. but in terms of long-term effect, that's yet to be seen and the expectation it's not going to last. >> i think it's important to note that in the chinese markets you actually have private equity firms raising billions of dollars to invest over there in property. black stone, their new fund, in the united states we have over $25 billion raised for real estate, it's showing inflationary environment real estate is a way to seek refuge. >> carlisle stepped out of china recently. we're seeing the repercussions of overheated market in china.
dagen: ed, thank you so much for being here. >> my pleasure. dagen: come back and keep us posted. google says sorry, the backlash after the company changes settings on some phones without the user's consent. plus, a shift in gears for ram pickup trucks, the latest development as the vehicle will reportedly be made in the u.s. of a., straight ahead. ♪ - at athene, we think it's time for the financial world to stop acting the same old way. you need a partner that is willing to break free from conventional thinking. we are a different kind of financial company. we are athene, and we are driven to do more.
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dagen: facebook reportedly sought financial firms customer data. cheryl casone has more on this story. cheryl: yeah, dagen. the wall street jury l nail is reporting that facebook was seeking sensitive data from financial firms for years. the paper says that facebook pressed banks for the access to the data as recently as 2017. facebook has been under scrutiny for months over its handling of personal data. political analytics firm cambridge analytical accessed information on as many as 87 million facebook users without their consent. shares of facebook are down 8% so far this year. well, google is apologizing for accidentally changing a setting for the battery on some people's smartphones. the company says it experimented test battery saving features was accidentally rolled out to more users than planned. the move meant that some users' phones couldn't search for
e-mail and couldn't get updates for apps. meanwhile, google wants to put some of the technology in its phones to work in millions of cars. they're teaming up to use the android operating system to power dashboards. the new system comes out in 2021. shares of alphabet, google's parent are up nearly 12% so far this year. well, dodge is bringing back the mid-size ram pickup to the u.s. in more ways than one. automotive news reported they're going to build the ram truck in a factory in toledo. the speculation was they would build it in mexico. the time line is moved up by a year. ist will be available sometime in 2021. it will replace the dakota, which was built in warren, michigan. taking a look at the shares of fiat chrysler, up about half a percent. those are your headlines. dagen: coming up an awards show
with a side of politics. the highlights and low lights from the emmys last night. that's next. ♪ hey, what are you guys doing here? we've been helping you prepare and invest for retirement since day one. why would we leave now? because i'm retired now. so? we're voya. we stay with you to and through retirement... with solutions to help provide income throughout. so you'll still be here to help me make smart choices? well, with your finances that is. we had nothing to do with that, uh, tie. or the suit. or the shirt. voya. helping you to and through retirement.
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my mother's not watching. >> what? >> she said she doesn't like watching white award shows because you guys don't thank jesus enough. >> that's true. [ laughter ] >> the only people -- the only white people that thank jesus are republicans and ex-crack heads. dagen: it didn't take long for the emmys to get political last night. joining us now is joy vila.
what was your reaction to the show last night and that particular joke? i read that joke a different way. what do you think? >> i think it was boring. i think it was just disgusting. i mean, i hate their humor. it fell flat. not even the audience was laughing. usually at the award shows they have to put in canned laughter. dagen: i felt michael che was making a joke at the secularist, atheist members of the hollywood community, that they didn't know what he was talking about when he was referencing his mother. that was my take-away on that. cat, you've got a question? >> do you think these award shows are relateable to most americans, everyday americans, and if not, how would you like to see them change? >> they're not relateable to most americans because most americans don't get tons of golden awards simply for showing up. i mean, they're hollywood eliteists, praising each other, making a few jokes.
he did mention the me too movement. there's no glamour. they're not talking to their audience, which are rural america, millions of people who don't live this life and they want to see something that takes them away from the mundane, not this boring, trump bashing, political nonsense. it's supposed to be about graham. what happeneabout --glam. that's what americans want to see. dagen: jennifer louis wore a nike sweatshirt in support of colin kaepernick and the nike advertisement, them using him as a spokesman. the wife of an emmy nominated director appeared with stop kavanaugh written on her arm with what looks like a sharpie and the phone number. that's the u.s. capitol switchboard number. i thought this was kind of really stupid, but what do you think? >> oy vay. it is really stupid.
they can't even get beautiful with what they're doing. when they protest, they get ugly, they get degraded. i can't imagine making a career out of wanting to stop a sitting president, wanting to stop an elected official and wanting to protest america which gave america rights and freedom. this is not what the red carpet is made for. if you having to top, then do it in a message that's beautiful. it's just crazy. tom arnold, we saw that he attacked mark burnett, the apprentice star, at the after party of the emmys and he's insane. he's making a career out of hating the president. he's attacked me on twitter multiple times for being black, for being a conservative, and for being a woman. so this is hollywood now. but this is not america. dagen: i think some of that has been screaming for attention a little bit on whether it's on television or on social media. really quickly, joyce, netflix
and hbo racked up the mos most awards. fonzie won, after winning directing for a variety special for the oscars, glen weiss shocked the crowd with a surprise proposal to his girlfriend. she said yes. watch this. >> you wonder why i don't like to call you my girlfriend. because i want to call you my wife. [ cheering and applause ] dagen: i teared up when henry winkler won and i teared up when i saw that. that was a win-win for the night for me. >> those were beautiful moments. that saved the emmys for me because there was something that we could all get behind. it was a beautiful, happy moment. it wasn't a protest. it wasn't something negative. it wasn't hollywood eliteist trying to be like we love our people by wearing a nike sweatshirt. i'm over this nonsense. but that was beautiful. dagen: thank you, joy.
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. dagen: good morning, everybody. i'm daipg dag for maria bartiromo. it tuesday, september 18 top stories 8:00 a.m. eastern. >> florence fallout the death toll rigs to 32, as that storm brings more flooding, it is also creating tornados in virginia. >> we have the very latest. >> the tariff threat a reality, the united states will hit china with a new 10% tariff on 200 billion dollars worth of imported goods many consumer goods next week the administration, doubling down on why it is making this move. >> groups come in come into talk to me about how chinese just playing on fear driving into the ground putting them out of business, if we have those tariffs in place american companies will be able to take things american workers will make them with
hands. >> we are looking at a rebound in the futures a 71-point gain on the u.s. futures on dow futures this moment. this after declines across the board yesterday. the technology sector hard hit over tariff fears nasdaq composite monday losing nearly 1 1/2% checking global market action in europe we have buying across the board slight gains in england francisco germany same overnight in asia all four major markets there, to the plus side. >> the latest battle on capitol hill, over the nomination of brett kavanaugh to the supreme court. he and his accuser will both testify in public, the timing still unclear. what are the democrats up to we asked that question look for answers. plus a new controversy for european auto makers "the wall street journal" reporting that
advocacy waggen gaidz for includings elon musk of valleying who will make first trip on the moon as a space tourist we tell you who, but that golden ticket bought that ticket coming up fox news contributor, benchmark managing partner, cfra investment strategist lindsey bell would you go to the ploon if somebody bought you a ticket. >> i would go to the moon why not i haven't been there. >> given what is happened on earth i bet you want to say. >> probably nice we will cover that watching market action, good news, because again investors seem to be not thinking that china is going to retaliate in any significant way. >> two bell with with he with weather fedex down labor comforts up other important thing i think oracle pretty telling, because useful got three dominate players hybrid cloud one who maria
interviewed, microsoft du jour amy hood say reinvesting gross margins going up google oracle trying to fight to get fourth spot ibm seems there playing out in stock. >> when you look at technology, and just the market overall this is a tough season bar high for third quarter in a row for 20% plus earnings growth, and people are going to be razor focused on guidance they are, but now that 200 billion dollars in tariffs are in place, going to want to see what that goes to guidance. dagen: 20% plus a convertible earnings growth three quarters in a row how along ago that actually happened. >> you have to go back to 2010-11 coming out of the recession, where you are seeing outsized growth, down 50% now. >> storm has given every company in the excuse as well as government, if we get a weak first quarter of next year going to blame the storms
not going to blame tariffs. >> let's move on to the impact of florence death toll hitting 32 people dead this is across carolinas virginia heavy rains made their way out of the area, but impact of this storm, will be felt for a long time to come, jeff flock is in lillington north carolina with more hey jeff. reporter: you may get a boost in the economy a little bit, down the road as this rebuilding takes place there is a lot of rebuilding to do this promised cape fear river behind me perhaps you see it sun reflects off the river nice blue beautiful sigh day boats not sailing soon perhaps you see out there this was what they were concerned about two bridges that go into lillington, north carolina over the cape fear there is this one and one behind it you can't see lower bridge thinking might have to shut that don we have seen crest we believe on the way down people
still amused in some ways by river, able to come back around maybe you will see group of people just come down to photograph this river they haven't seen this since matthew somebody talking about flood 1945 in lillington apparently was all time winner. from the air, perhaps you see the best indication of the wide swath of damage that is playing out all over north carolina as i said a lot of rebuilding to do, dagen perhaps that will give the economy a boost some point that is tends to be whatever slowdown you have going into it. coming out of it. a lot of hamers nails boards and the rest. dagen: thank you so much from lillington north carolina thank you for the reporting as always. here now is south carolina congressmcarolina. >> how are operations going. >> going well the issues we
have are flooding the lake, is -- the rivers are full. and some of the bridges the water is hopefully have crested but the downed trees 800 people without power in three counties devastating hit not like fayettevilles and wilmingtons the water damage, damage it is doing to our roads is goeblth as soon as he a long time is it rescue missions going well reaction has been great, to from most of the authorities, and we've came out as well as can be expected. >> congressman it is kevin kelley i am glad you are here today because you are on the house small business committee, and one of the things that is happening today is the tariffs are being enacted i talked to several small businesses that they are actually pleased by some of the tariffs and this administration going after the chinese government just given the fact a lot of their the -- the products they make have been knocked off go over to china get moldsmade, all of a
sudden chinese flooding them into market undercutting twhaem are you hearing from small businesses you speak with in regards to chinese tariffs. >> well, you know, the businesses in my district are excited about the fact that we finally getting tough with a country like china stealing intellectual property i have been in businesses walled off areas chinese have bought the people used to work there taking the properties, as people know, when they go to china, it is they own 51% they control it. so the o% i think is -- 10 percent fair why should china charge a 10 percent us 2 1/2% doesn't make sense most people are excited about the jobs going to be created, and the fact we are going to make it in america not china. >> to push back on that a little bit, this is to quote
"the wall street journal" politically managed trade in the sense it kind of goes against deregulation fr administration pushed freed up businesses to operate and without the regulations and being tied up if you will. but this is called businesses to ramp-up lobbying, you have thousands of applications for waivers from the steel and aluminum tariffs it complicates doing business, and makes the washington swamp even swam pier in ways. >> the policy knew makes it worse when trying to -- basically, clean the swamp and drain the swamp, they threw algae into it. >> i what they are doing lobbyists are doing their job what we have got to do is think about the country, we've got to think about as you say the regulations that have been lifted factories that are running full bore, that the
issue that we have now getting workers to fill the orders, that the companies that are expanding for the most part because of the regulations lists, the federal registry is down 20% in regulations alone a good thing. it is going to hurt for a while but, again, we have had talk for years and years getting the tough with china this president has been o tangential one actually putting into effect, if you remember, he was the president talking about 25% tariff on 200 billion to 300 billion, what the reality is now, to date 10% on 200 billion, so i think, that the effects on this country, will be good long term the medicine, is bitter for a a bill i think in effect will pay dividends for this country. >> lindsey bell when we get to january 1, 2019 tariffs go up to 25% at which point you put a significant more -- more amount of pressure on the u.s.
consumer that will be a problem for the economy. >> i think that is where exemptions come in i think what this president has done there's been exemptions you have to ramp-up not put into effect immediately. and i think he has been fair on-ramping the tariffs, putting an amount in that is fair, and then giving time to ramp-up, he did have a with samsung, as an example, washing machines in a area that a company samsung making washing machines instead of calling for 50%, it ended up he ramped up 20%, 15, then 12 i think is fair, so for the companies themselves, to give those companies time to put the proper procedures if place to make products particularly in automobile industry, which is very important in south carolina. >> what about increased manufacturing comforts are you concerned that would have
political implications for the president. >> yeah i don't think he is i think he is -- the -- the political side of it comes way down the list, he is doing it for the sake of the country. and we can't be a country that flips hamburgers sells milk shakes we've got to be manufacturing country as we were in the 30s, 40s, 350's that is what makes this country great, should we make steel? i would make the argument yes should we make aluminum? yes, should we grow our own products the farmers produce? yes, instead of relying on imports that goes for every other sector look what is happening in the energy, with oil, with gas. i think that is a good thing. >> -- linespipe lines being planned, pipelines planned hit by steel tariff sourcing their steel on planned pipeline from the permian basin out of europe, again there are
knock-on effects congressman i would argue growing up in the rural south there are pluses and mine uses to open trade+ being since 1940s quality of life in the things that people could own, and buy the -- quality of life many ways improved in the rural south because we people could go out and buy cheaper goods that were less expensive because they are he weren't made in the united states. >> well -- but it is he overall picture, that this presidency in my opinion you mentioned regulations that have been cut had it been just one thing just been tariffs, that would be the one thing the fact regulations are coming down costs of doing business the fact that people now are not applying for the benefits like they were. i think it is a good thing for this country i think, the overall you are going to see positive results politically americans get it. particularly the manufactures
that i talk with in my district. >> and i just want to be clear i grew up in a small town that textile, around the furniture manufacturing jobs decided disappear in my own parents put out of business because of walmart sam's club ran a wholesale grows prei do understand the impacts of quote/unquote free trade it wasn't free for many there are benefits i wanting to point out thank you for being here. >> my pleasure. >> coming >>. >> the one luck man rich enough to become first the automotive to loop the man. ♪
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california. >> sack meanto county sheriffs deputy shot and killed in shoot out at pep boys store another officer, the suspected gunman and a bistander shot and injured in this shooting, this is the second fatal incident for sacramento county sheriff's department little more than a year since start of 2018 at least 37 law enforcement officers across u.s. have died from gunfire. >> well, overseas a russian spy plane accidental shot down by syrian government forces killing all 15 onboard. moscow is blaming israel russia military claims plane disappeared from radar nears syrian city just as israeli teams launching air strikes in that area, russia says israeli
pilots used its plane as a shield, pushed it into line of fire russia says i'll military gave too little warning for plane to get out of the way. >> now to north korea kim jong-un reportedly saying his summit with president trump in june has stabilized the security situation on korean peninsula making comment in third summit with so you can't korean president thanking him for arranging the summit with trump more talks of two are set for tomorrow, elon musk spacex strides first space tourist japanese billionaire yusaku maezawa blasting off from earth in 2023. >> i can tell you -- i can go to the moon. >> maezawa art collector says
going to invite 6 to 8 artists to participate in the vieage to inspire their work no price tag disclosed you can bet not cheap dagen: thank you, cheryl. >> get a tesla, does its come with a free tesla? >> why not. >> if spacex right like -- >> i am sure he owns several. >> yeah. >> he made all money in e-commerce. >> the promising golfer found dead on golf course latest as suspect is charged in her death, national anthem protesters return to "monday night football" we have to low lights ahead.
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admissibility president trump -- leveling tariffs on 200 billion dollars worth of chinese goods, if futures in positive territory, this morning, up 51 points on the dow futures after losses across the board yesterday, lindsey bell if we go back and look at how the markets have done, since the tariffs were first idea introduced this is markets sense tariffs first announced the end of february. we have gains across the board and the s&p 500 is pretty doggone close to new all-time high. >> right i think what you will see though if you look at the chart over the period of time since february you have seen volatility markets within shaud on positive news seemingly you see markets spike, negative news, usually see it come down you saw the markets come down yesterday in reaction to trump's tease to the announcement of new tariffs, but day market is up i think the market believes continued to believe the next
step in negotiating tactic that trump calling china you are seeing them make changes there they are making they have devalued their currency reduced reserve confinements for banks opening credit markets trying to stimulate the economy in the wake of new tariffs. >> i think the most important thing that we didn't put up was the is we put up s&p 500 small caps. >> you see not doing a good job? >> no, no that is fine i am just saying small caps performed better than large caps the ones we put up on screen, so it is important to note that that is more of the -- theying the russell 2000 better than larger brethren tethered to u.s. economy trump clearly focused on midterm elections to maintain house the senate going out there, and say he had promises made promises kept as campaign slogan, and what did he say
when he was running for president he could levyy up to 30% tariffs on chinese what is he starting out request starting out with 10% on 250 billion dollars worth of goods, so he is trying to show he is walking the walk, and now we are going to hear him talk about boarding wall part of president trump, and how he operates. >> let's go to leo kelly what do you think it means because this again takes us up to about half of the amount of goods that we import into this country every year, just from china that will now have tariffs on that the administration starting out with 10% tariffs, 25% before end of the year smaller before midterm elections. >> do you say classic trump negotiating tact boundaries on either side of point going to try to push boundaries in his favor so that when a
compromise in the middle more favorable to the u.s. the is the strategy that has happened over and over and over again, i think what is important here is to keep in mind that this is 10% of a large number and this is a game where china's strengths historically are going to put them at disadvantage when you have tariffs, about restrictive on business coming into your country helps in you growth phase, but now in maturity phase that tends to have a problematic effect on negotiating ability and let's not forget they have been pegged to the dollar why that is starting to release going to take time, and so china is in a very precarious situation, i think we know it. i think this is a classic negotiating tactic main point
remain calm keep in mind long-term view on markets. >> short run lindsey we need to see a deal get done with canada there is dined of a loose deadline this week -- a deadline this week we've negotiations under way with kai can adrian piece of nafta in front of mexico before the current president nieto leaves. >> a huge benefit i think the market will receive that well leo how do you invest in this market when we don't know where things are going, and if this is a negotiating tactic when does the game end? >> well, i think the way you invest in this market is how you al invest in the market. that is take a long-term view and look for fundamental valuations that make sense. to be fair our concerns are not the tariffs, they are the fed raising interest rates in a more aggressive posture as wages start to improve, our
concerns are high valuations pockets of the market and so if you look back in time, there is always something in front of the market that is going to cause concern and have folks thinking this is the moment where the 10 year bull market comes to end? i think you stay calm look for value right now there's plenty of opportunity in the market, but there is there is also some overvaluation in the market you have to be aware of let's not forget for ever tariff dollar into the economy we hear stories about certain industries businesses that have challenges because of the tariffs, there is another group of businesses that benefit from those tariffs. >> this you lee -- good to see you, joining us this morning. >> pleasure. >> supreme court showdown white house senior adviser for strategic communications weighs in on latest controversy around brett kavanaugh confirmation the
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we protected your money then and we're dedicated to helping protect it today. like alerting you to certain card activity we find suspicious. if it's not your purchase, we'll help you resolve it. it's a new day at wells fargo. but it's a lot like our first day. dagen: welcome back. i'm dagen mcdowell in for maria bartiromo. tuesday, september 18, stop stories 8:30 a.m. eastern. >> florence fallout, storm leaving at least 32 people dead in its wake, and historic flooding in the region. more than 100,000 people are trapped in one north carolina city trapped without power in wilmington. >> more tariffs, president trump set to activate another round on 200 billion dollars worth of goods comortimported f china many consumer goods
peter navarro telling why these are in he is. >> this is the time for china to be held accountable for any one particulate economy behavior, for cheating going forward we can't have a healthy global economy if one of the biggest economies is basically a predator. >> china reportedly readying a plan to retaliate against u.s. tariffs a lot in other to lose than we do according to the white house, futures gains across the board, 61 point gain on dow futures same in europe we have buying across the board england france will germany up markets galore in asia overnight all four markets there to the plus side. >> eye on earnings, mixed reports from autozone general mills a toll on both stocks premarket trading general mills kicked upside autozone down 5%, we break down those numbers gridiron bears beating seahawks last night this after two players chose to snub our
nation, during the national an them. now latest battle on capitol hill the nomination of brett conservative, conservative and woman accusing him of sexual assault when teens in early 1980s both testify in public, but blake burman is covering the story from white house has more on these developments, hey, blake. >> hi, dagen the question surrounding brett kavanaugh nomination to the supreme court, continues to pile up, kavanaugh is scheduled to head back to capitol hill on monday, to testify before the senate judiciary committee, christine ford has been invited should committee ask for temperature should he would go to capitol hill fox is told ford has not responded to the invitation. as for the allegations hereford accuses kavanaugh of sexual assault during teenager years at high school party kavanaugh continues to deny
those accusations, saying in a statement yesterday quote, this is a completely falls alleges i have never done anything like being what the accuser describes to her or to anyone president trump, is standing by his supreme court nominee. >> i want him to go in at the absolute highest level, and i think to do that you have to go through this, if it takes a little delay it will take a little delay. >> kavanaugh nomination a mere form mallity now the committee vote thursday scrapped ahead of monday's scheduled hearing jeff flake lisa murkowski susan collins want to hear from fortitude before th. >> ford before they cast any vote. >> obviously if judge kavanaugh has lied about what happened that would be disqualifying. >> republicans had hope for full senate vote next week, the supreme court gets back in session, on october 1 so that
was the time line hoping for, but most everything paears up in the air. >> to reiterate something creates foo creates. >> ford has been asked to testify we don't know when knee her attorney said if asked to testify would show up yesterday afternoon, chuck grassley went ahead of the senate judiciary committee said there is a hearing on monday fox is told that ford has been contacted or at least her torn so far has not yet accepted the invitation, not to say she won't, but just that so far it has not been accepted. >> blake burman thank you so much for that reporting joining me now white house senior advisory for strategic communications mercedes schlapp, mercedes we are waiting for confirmation that brett kavanaugh accuser will appear and when, in front of the senate judiciary committee. but could this be another day
tactic by democrats when clearly politicized to the extreme this woman's accusations? >> it has been incredibly unfortunately that we've seen at a democrats in particular senator feinstein play these delay tactics during this time let's think this through in terms of a process, senator feinstein knew about this letter back in july. she met with brett kavanaugh never even brought up a question on this on this accuser allegations secondly closed committee meetings where again, they are able to talk about any sensitive topics, us do ent come up thirdly, then the judge kavanaugh sent over 1,000 reason i questions democrat one question included this he allegation so to bring it up in the last minute is incredibly disturbing we know exactly what the democrats are trying to accomplish here because they have made it very clear that they are refusing
to support an incredibly qualified individual someone has served our country with dignity both in the executive branch and in judicial branch judge kavanaugh has been confirmed six times, so he is an individual that is so highly respected, by so many, in the legal community, those of us who have worked with him personally, like i have, in the bush administration, and all i can tell you he is a man of great integrity great character, and should be confirmed. dagen: mercedes you had chuck schumer democratic from new york talking about allegations need a full investigation before moving ahead with a vote but i have heard many people outside of politics ask the question, how do you investigate something that happened 36 years ago when these two individuals were teenagers? and investigation is impossible. that you have one woman saying
one thing and remembering one thing and then not just brett kavanaugh but friend mark judge saying something altogether different in terms of denial. >> judge kavanaugh made it very clear this is completely false he called members of the senate judiciary committee yesterday one thing he said i am ready to talk today i want to go public i want to be able to clear my name i have to tell you i spent a lot of time with judge kavanaugh, during our are younger years i would like to say one of the things i learned about him was that he was so incredibly professional i was a young female stauffer we worked endless hours in the white house, and i have to tell you, he was always professional always respectful beloved by our staff in the white house, and you know i also pride myself because i was able to see how he met his wife ashley went to their wedding, i have
been a part of his life i have seen him and how he is just an incredibly professional respectful individual with the highest of character. >> "the wall street journal" editorial today, on this subject, titled the me too kavanaugh ambush is especially blunt wrote in part no one including president trump needs to attack the accuser she believers what she believes but this is not a he said/she said this is case of alleged he teenager encounter partially recalled 30 years later without corroboration, and brought forward to ruin mr. kavanaugh's reputation for partisan purposes. >> look we have allowed the senate judiciary committee to set up the process and as the president mentioned yesterday he talked about that we want a thorough process we want to make sure we get this right so they are going to allow for this public hearing, whoa we know that judge kavanaugh is ready to go today ready to testify today. and with so is disturbing that
is the democrats this is like their october surprise willingness to or september surprise i should say to that willingness to stop kavanaugh any way they can. and i have to tell you it is incredibly disrespectful in the terms fact when you look at judge kavanaugh's life the fact that he has received highest ratings when he comes to his work and what he has done as a judge, but i can talk about him as a human being, and the fact that he has someone who really is would take responsibility of a supreme court justice he understands the grave responsibility incredibly reinspect full respectful to women many view him in high school college come out with statements we stand with brett kavanaugh this is just disgraceful trying tear down the name. >> "the wall street journal" kind of goes into this, the
republicans senate republicans need to be careful that they don't give in to this cal calculated ambush quickly russian investigation president trump ordering documents text messages rattled to probe to be declassified including selected portions of sufficesa application lisa and the carter page. >> why so important now. >> committees in congress can go for materials to be declassified wants to be cooperative transparent in situation with russian investigation that is why asking for department of justice to declassify these materials. >> mercedes schlapp, driving into controversy what volkswagen other european carmakers are gaitdz for collusion bears trounce seahawks a wrap-up of "monday night football" game the kneeling protests did
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celia bark lan, found yesterday on a course in ames iowa finishing citizens to for civil engineering degree at iowa state named female athlete of the year the president said there was no doubt she was headed for the very top was already invited do the women's british open next year police arresting 22-year-old colin daniel richards charging him with first-degree murder according to rotdz has -- reported has a long record. >> seahawks players did not stand on sidelines for national anthem jefferson and dwayne brown stayed back in the tunnel something they did in opener and preseason. after game chicago bears sunk klaus in seahawks quarterback wilson, picked off first, wilson has thrown 2770 pass
attempts. >> winning 24-17, the record, german carmaker investigated for possible conclusion eu wants to know if they worked to limit development of clean air technology after regulatoryr regulators had surprise inspections prompted from informational that companies jointly discussed development of technology to limit emissions volkswagen committed to rigging nearly 11 million diesel powered vehicles to cheat on tests. >> commutes longer in america census bureau says commuters sent extra 2 1/2 hours in transit average commute time 26.9 minutes from 26.6 in 20167 new york shocker top, 37 minutes one way trip to work last year or longer seems from
what i know of the commute. >> thank you so much, cat you walk to work. >> i do. >> you worked on that -- you really do walk. >> i with a you can to work in winter i generally take uber pool or something like that that is brutal only examinercisi get. >> i have 30 minute commute. >> serious implications on quality of life on local economies in terms of you have the -- cities one small have become gigantic spread out infrastructure has not kept up with their growth, i think about even raleigh charlotte north carolina. >> a booiig infrastructure question people need think about carpooling. >> autonomous driving we need more structure built out in small cell towers we can about kick back let car have
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floor of the new york stock exchange with details, good morning. >> good morning, dagen that is right two companies reporting earnings beat a revenue miss let's start with autozone, that company disappointing investors this morning and the tone in release this morning, tepid outlook we find out the more at 10 a.m. when a conference call concern this morning down almost 6% now, general mills also down, similar concerns here, a revenue miss lower margins a decline in the company north american bins predominantly a big piece of 350i. >> battling rising freight costs more for general mills very important, quickly one bright spot, pepsi sales higher bought blue buffalo up 14% for general mills good news. >> thank you so much, good to
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final thoughts fromhe panel. lindsey bell. >> keep an eye on situation. i kind of think trump has the upper hand. so i'm on trump's side. >> if you're using tariffs as negotiating tool. people at the end of the day expect deals to get done. mexico that slice of nafta got done. on to canada. see if they put something together. >> i think the president missed out on opportunity saying #cofefe at the end. i bought the iphone xs. it is the 10-s. how. can't photoshop that out, that is a bummer. >> take a look at kevin's wedding photos. >> i am fine with the phone. it is small. it works. i don't need the xs all that
much. >> at least you have a smartphone. my father still has a bag phone. our thoughts and blessings to all the people in the carolinas and southeast and battling against floodwaters. we'll keep covering this story. on to varney company. mr. charles payne. >> dagen, thank you very much. i'm charles payne. stuart is back tomorrow apple getting break from the tariffs. headphones and pods won't be affect the by the next round of tariffs. it is official the rescue diver who elon musk called a chide ra f