a lot of people this morning on twitter and facebook telling me, you know, what kind of low gas prices they've seen. in some states you've got a one at the beginning. >> amazing -- >> isn't it? >> that at the same time as demand for tesla's mass market model is sky high. >> fascinating. >> interesting. happy fourth of july. thanks for joining us. i'm christine romans. >> i'm dave briggs. "new day" starts right now. we are facing threat of the reckless and brutal regime in north korea. >> according to north korea, they have successfully tested an intercontinental ballistic missile. >> the u.s. administration, they want china to bring more pressure economically on north korea. >> what we have to do is prepare all options. the threat is much more immediate now. >> the tension only goes up. the consequences would be disastrous. >> the president prepares for the g-20 summit and his first face-to-face encounter with vladimir putin. >> we need to be very tough with russia. this isn't just business as usual.

this is "new day" with chris cuomo and alisyn camerota. we want to welcome our viewers in the united states and around the world. this is a special independence day edition of "new day." it is tuesday, july 4th, 6:00 here in new york. chris is off today. john berman joins me. >> happy birthday, america. >> great to have you here. we begin on the starting line with breaking news. a new provocation from north korea. the regime claims it successfully launched its first intercontinental ballistic missile, landing roughly 200 miles from japan's coast. if true, it would be a significant development in north korea's efforts to threaten the u.s. president trump reacting on twitter, asking if kim jong-un "has anything better to do with his life." suggesting china could increase pressure on north korea. >> the president is preparing for a crucial international trip where he will meet with leaders at the g-20 summit including a face-to-face session with russian president vladimir putin. this as new jersey governor

chris christie tries to move past his beach day controversy, signing a budget deal that ends a government shutdown and reopens all state parks and beaches today. we have this all covered. first, let's deal with north korea. we'll go to paula hancocks live in seoul, south korea, for the latest. paula? >> reporter: well, john, this is certainly a significant announcement from north korea. they have said it is an historic event for north korea, a successful testing of an icbm, an intercontinental ballistic missile. we've just heard from south korea's joint chiefs. they said they are still looking into it. they haven't accept ed it's an icbm. they are also not denying that could be the case. looking at the figures from north korea and the state-run media announcement. an altitude of over 1,700 miles for the missile. a distance of over 570 miles. they say it flew for 39 minutes. now that is different to what we heard from u.s. pacific command much earlier. so just after the launch there,

initial assessment. they said they didn't believe it was an icbm. we haven't heard an update from they say kim jong-un signed the order, we see an image of him as well giving his signature. he was there at the test site and he has claimed this a great success. so certainly much concern around the region. moon jae-in, the south korean president, says he warped north korea not to cross the bridge of no return also saying if north korea crosses the red line for u.s. and south korea, we don't know what our response would be but he doesn't specify what the red line is. john? >> paula han cox in seoul thanks so much. president trump scolded kim jong-un with a statement he put out on twitter. the president once again called on china to ramp up pressure on north korea and all of this as he prepares to travel to germany for the g20 summit where he'll

meet face to face with world leaders including for the first time with vladimir putin, this could reshape the global political landscape. suzanne malveaux live at the white house with the latest. >> reporter: good morning, john. north korea's aggression testing this president, putting pressure on him to see how he will respond, whether or not he will escalate the tension between the countries. at the same time he is also encouraging and pushing china for a much bigger role in confronting the north korean threat. president trump defiant in his response to north korea's 11th missile launch this year, competing about north korea leader kim jong-un. "does this guy have anything better to do with his life? hard to believe that south korea and japan will put up with this much longer. perhaps china will put a heavy move on north korea and end this nonsense once and for all." the president prodding china to do more to confront north korea, coming one day after a phone

call with chinese president xi jinping. the white house saying in a statement that president trump raised the growing threat of north korea's weapons program. the chinese offering a more critical take. noting that the u.s./chinese relationship is being affected by some negative factors. president trump issuing this stern warning on friday, after meeting with the president of south korea. >> the era of strategic patience with the north korean regime has failed. frankly, that patience is over. >> reporter: national security adviser h.r. mcmaster confirmed publicly that the u.s. has updated its military options against pyongyang. >> we can't repeat the same approach, failed approach of the past. the president made clear to us that he will not accept a nuclear power in north korea. >> the president's posture towards china clearly changing in recent weeks. trump appearing to lose faith in

beijing's willingness to take on north korea. >> i wish we would have a little more help with respect to north korea, from china, but that doesn't seem to be working out. >> reporter: trump warning in april that he's willing to take unilateral action if china does not do more to contain the threat. >> they have a diplomatic responsibility to exert much greater economic and diplomatic pressure on the regime. >> reporter: this growing tension coming as president trump prepares to leave for the g20 summit this week in germany, where he is expected to sit down with president xi and the loo r leaders of japan and south korea, two other countries the u.s. considers essential to confronting kim jong-un. and president trump's meeting with president xi is just one of many high stakes significantly meeting with world leaders at the g20 summit in germany. look at a lot of anticipation for his first face-to-face meeting with russian president vladimir putin, also a sit-down with the german chancellor ang

lamerkel, who famously did not get a handshake when she was here at the white house. she talked about trump being very difficult especially when it comes to climate change. >> suzanne thank you very much. et let's bring in our panel to discuss the news, military analyst colonel is he rick leyton, from "the washington post," karoun and colonel, we do not know whether it was an intercontinental ballistic missile or intermediate range missile and the difference is whether or not it could actually reach the u.s.? >> well that's right, alisyn good morning. max minimum range of 3,400 miles. if it's intercontinental it's greater than that range and we

could put it within range of alaska, alaska in the range of this missile. what you're seeing here is the possible use of a north korean missile the kn-14 that's a development of another north korean missile, which has purported to have a similar range, but is a bit smaller than the kn-08 and what that means is they're getting more efficient how they use fuel and more efficient in how they're deploying this missile. >> colonel, there seems to be some question whether it's intermediate or intercontinental. doesn't seem to be any question north korea is getting better at this missile technology and doing more tests. i saw kim jong-un have more tests in the last year than his daughter did during his entire reign. this is something he's deeply interested in. how much further do the north koreans have to go before the u.s. is a direct threat? we don't know if they can

miniaturize the nuclear technology yet. >> that is what is stopping us from declaringint intercontinental missile with that nuclear capabilities. we're going into areas that require the types of things that would make it, in fact, a true intercontinental ballistic missile and if they miniaturize the nuclear capability, put a nuclear warhead on top of that missile, then you have another nuclear power that has intercontinental capabilities and that then becomes the game changer, becomes the one thing that makes it very difficult for us to deal with the north koreans, and it also makes it very hard for us to really put a stop to this development. we may want to put them on ice as far as nuclear developments are concerned but that's not going to happen. >> ron brownstein, this is a major challenge for president trump.

so he's given different signals. he's said via twitter it's time for china to step up but we understand from a conversation from president xi of china, he signaled the u.s. might be willing to do something. >> first of all it is a reminder there is a real world, real threats and challenges that go beyond wrestling videos. this is a job that literally at times can have the fate of the world seemingly in the balance and i think president trump is not the first president from either party, first of all, to have been frustrated by the lack of good options on north korea, and second, in his frustration, i think, with xi jinping, not the first president who kind of thought a personal rapport with a fortunately leader would overrule and override contrasting interests of the nations themselves. we saw it with george w. bush and vladimir putin when he looked in his eyes and saw his soul. i mean this is a fundamental

problem, a conundrum, where china is the one power that seems to have the ability, if it put all of its shoulder of the wheel to exert some leverage on north korea and yet for their own reasons they've been unwilling to go so far as any american president wants them. president trump accurately says, the problem grows deeper presidency after presidency in part because there are no easy options. we talk about military options the reality seoul is within easy reach of north korean conventional munitions, so there's a reason we have gotten to this point, and it is largely because we don't have an easy key to turn to make this go away, but that doesn't mean we're not going to be talking about it a lot more because the threat continues to advance. >> as ron points out, we heard president trump say in the rose garden the area of strategic patience has ended, and just didn't work. he was referring to president

obama's strategy. whatever new strategy of the trump administration, karoun hasn't worked either. january 2nd a bold statement about the north korean missile tests and north korea said it's in the phenfinal stages of developing a nuclear weapon capable of reaching the continental u.s., he says it won't happen. it's possible the president is learning limits of some of these statements. >> it's interesting to note his tweets about doesn't north korea have big better to do came before this might be an intercontinental ballistic missile. he hasn't comment since that bit came out from north korea. the president clearly thought that north korea is a major threat. it's been in the forefront of his mind, well reported that that was something that concerned them the most, he was getting his earliest briefings about the situation in the blown. he hasn't defined his strategy

from north korea even though he's taken steps to suggest he may be trying to sur sue a different strategy. thanks for trying, china, didn't work out as well as we hoped it to. is he going to deploy those milita military options? military options to use that is a very serious step. it could escalate a situation beyond what we could control. you played a tape of tillerson how chinese exert more economic and diplomatic and that is true. we've been stopping short of exercising what diplomatic and economic pressure we can on china to exert that pressure on north korea, because it's been limited because we have a relationship with china that we're afraid of blowing up and anning itizing as well. as much as the president said these things are on the table and things are changing with the military option, to do that is not something he's done in a measurable way to change the course of this and now we're dealing with this first very serious test for him if all this talk is going to lead to actual

change in what they do. >> colonel, what action could president trump take? it's obviously unacceptable to everyone that north korea keeps escalating. what if the u.s. had to take action, go it alone, what would that look like? >> that would be a drastic situation. what you could see is some kind of effort to suppress the missiles before they actually start their path toward a target. so that would mean actually actively seeking out these missiles. they are probably on mobile launchers which makes it even harder for us to track them and to find out where they are and where they're going. so these types of things would be very difficult to do. it could involve covert action. there's always the favorite of using cyber techniques to go after the north koreans but that has limited utility in a country that is not really connected to the internet and certainly doesn't use the internet like we

do to exercise command and control over its forces. so it would require a combination of conventional and unconventional military efforts and it would be a very risky proposition, because as i think ron pointed out, this puts seoul right in the crosshairs of north korea conventional artillery, and that is a dangerous proposition right there. >> the russians just came out with a statement saying they believe it's an intermediate range missile. again we don't know if that's true. it's more convenient diplomatically for every country if it's intermediate and not swer continental. we will wait for more information from the pentagon. >> panel thank you for helping us break down this breaking news. we'll check back with you. back at home the government shutdown in new jersey is over but the fallout continues for governor chris christie. wait until you hear what he's saying after getting caught soaking up the sun at a beach that he closed to the rest rest of the public? the latest on beachgate when

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beach he had ordered closed to the public. jason carroll is live in new jersey with the latest. give us how this got resolved. >> reporter: first of all, the governor signed that $34.7 billion budget measure last night. so parks like liberty state park like this one will be open, the beaches will be open. the state will be back in business but as you say, no one in this state or across the country for that matter are going to forget these pictures of the governor and his family lounging out on that state beach that had been closed you'll remember because of the budget shutdown. they're not going to forget the pickeurs any time soon. the governor initially saying that he didn't get any sun but then once a reporter noticed he looked like he had a tan he later said that actually his spokesperson came out and said he actually did get sun or actually that he was wearing a baseball cap so he was able to be out there but didn't get the sun he said he initially had.

very strange explanation, the hypocrisy not lost on many, upset over the prospect of not being able to celebrate the fourth of july on state beaches or in parks like this one. christie for his part though remaining defiant as ever. >> the way i took claude's question was, hey, were you like out laying out getting a tan today? that wasn't what i was doing and that's not what those pictures show. i'm sit there with a baseball hat, shorts and t-shirt talking to my wife. if they flew that plane over the beach and i was sitting next to a 25-year-old blond in that beach chair that's a story. >> still trying to make a joke out of it. once again, alisyn, there is some thought he'd have a spot in the trump administration but after you had this particular incident that happened, you had

another political scandal even before this one, that prospect now very much in question. you also have to remember despite all the political scandals, this is a governor who has the lowest approval rating not just of any governor in recent memory here in the state, but across the country, hovering at just 15%. christie for his part saying he doesn't care about approval numbers but as you know we always hear politicians say that when they don't have the numbers. >> thank you very much for all of that. >> let's bring back our ponl, errol louis, ron brownstein. john mccain has approval ratings he says down to paid staffers and close family. this is below that. 15% here. and it's a staggering, stunning fall for chris christie who may have been one of the front-runners for the republican nomination. he gave the keynote in the 2012

republican convention and now he's at 15% with photos of him on a beach. >> i remember the sound check at the tampa convention, out on the floor and people flocked to him, there was this flow before he gave the me-note, and mitt romney who he was there to nominate. things went badly for chris christie and some of the problems were evident before 2012. christie came in and had a serious structural pension problem and they are now in the worst state of any state of the country. he had other kinds of budget tearle challenges, the bill eventually came due. his absences, he spent something like 190 days on the road when he thought he could become president in 2015, that never sat well with the residents of his state. he has a bipartisan gridlock

problem familiar to anybody following what's going on in washington he always had a narrow path to success. he thought he could walk that path to success by running for president, and when that sort of blew up in his face, when i think he pulled seventh or something like that in new hampshire, really poor showing, it was really all over and this is sort of the final chapter. >> karoun it's interesting to look at chris christie. he's this big personality guy, this fall from grace is always interesting to chart but the pension crisis is taking root around the country, that it's not unique to him. how do you explain what we've seen from chris christie? >> i mean, it's -- he's -- it's like errol was saying, remarkable to watch the whole trajectory of what's happened. he started off with a lot of goodwill from both parties. he made alliances with people found unpopular, the transportation scandal and now

this. you wonder if the speech episode is just him washing his hands of the whole thing. you have to wonder what he's thinking himself looking at the numbers and how much he cares about trying to resuscitate his own image. if he was trying to be a guy on the make again, having aims at national office, you'd probably be pretty careful about the optics of anything that you do and it was interesting the photographer that took the. ic tours wrote in on account in "the star ledger" what happened and he was pretty sure christie saw him, he made eye contact and he still went out later and said no, that never happened. so it's an interesting mind-set for him and you wonder at what point he maybe decided i'm heading towards the end of my career politically at least and it's not about trying to do traditional politician things >> that was a few weeks or months ago based on the pictures, clearly not concerned about optics. ron brownstein shifting gears politically speaking to the

voter fraud commission, more than 40 states say they are not going to comply with all or parts of this commission led by chris cobach. has this backfired on the administration or does this provide some sort of political in for the administration here? >> i think this maneuver has backfired but this is the first inning of a very long struggle. chris christie, i don't think the issue is so much what he's done to himself. it's what he's done to his lieutenant governor who is the republican nominee in new jersey, already laboring under terrible approval ratings for donald trump in the state and now caught in this giant undertoe chris christie created. the new jersey and virginia governors race this is fall we'll watch closely politically the rest of the year. republicans are looking uphill because of trump's we canness on the states. . is a big struggle. this could have come out and

could you have seen blue states being the only ones to say no. that would have been a very different dynamic. the fact that you essentially have across the full range of states across entire country saying no to this is a sign of how clearly they overreach but the concern of voting rights advocates, given the role of chris covac on this commission and the others president trump appointed is that this will become the basis for arguing there should be further limits on access to the ballot box, when in fact you see oregon move toward universal registration, and i do think access to voting is going to be yet another issue, put it on the list, that divide red states from blue states so no, i don't think this is the end. this was a serious rebuff for the administration, because it ended up being a broad range of states but they're going to be more rounds in the fight. >> this is confusing errol because the request coming from the commission to the states they say is it's just public information. we need help compiling public information and the states individually are saying no, it's

sensitive information that we should not be uploading to your online insecure, unsecured website. >> that's right. public information in new york like in other states if you go down to the board of elections you can find a particular voter registration card for donald trump, evan ta trump, find out how many times they voted, what party affiliation but you have to go down there and do that. it's not something you can order up by the millions. this is not just a privacy issue, but it's also sort of a ballot security issue. 3,100 counties, each with their own way of doing things and you've got to go down to 3,100 county boards if you really want that data on some level, and that's important. there are also some clues here that their intentions were not entirely pure, asking for party registration, that has nothing to do with voter fraud. so why does somebody need to have a centralized file to be able to tell who registered in what party? >> why do they?

>> it seems to me clear the voter suppression was always the goal here. building on what ron said. the idea here is to sort of take the false charge that was thrown out by the president, 3 million to 5 million illegal people somehow voted, you can't find them, there's no evidence it ever happened and take that based on this we'll curtail early voting, we'll block automatic registration. we'll allow you as is true in some states to use a gun permit as your i.d. but we won't let you use state issued state university i.d. we want gun owners and not students to vote. it's clear where chris covac has gone. he's made a specialty. it was the great fear this is all about voter suppression from day one and i think that's what we're going to sort of remember about this when it's all over. >> panel, thank you very much for all of that information. we should let you know we will be speaking with two secretaries of state about this request from

the national voter commission, we're going to have new mexico's maggie toulouse oliver and colorado's wayne williams with us. they have different opinions about that. a new provocation from north korea has the trump administration pressuring china to take action. will beijing crack down on north korea or will the u.s. relationship with china now suffer? an't connect? michael, can we get this data to...? look at me...look at me... look at me... you used to be the "yes" guy. what happened to that guy? legacy technology can handcuff any company. but "yes" is here. so, you're saying we can cut delivery time? yeah. with help from hpe, we can finally work the way we want to. with the right mix of hybrid it, everything computes. ♪ at johnson's we care about safety as much as you do.

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what should i watch? show me sports. it's so fluffy! look at that fluffy unicorn! he's so fluffy i'm gonna die! your voice is awesome. the x1 voice remote. xfinity. the future of awesome. breaking news from the korean peninsula. north korea hailing its first successful launch of an intercontinental missile. president trump suggest china "put a heavy move" on north

korea to stop it. thank you both for being here. andrew stevens, what have we learned this morning? >> we've learned that china is not changing its tone at all since the launch of that missile icbm, if it is indeed that. china's ministry of foreign affairs coming out with a statement this afternoon saying china is doing everything it can to restrain north korea and it's urging other people particularly the united states to engage in dialogue with north korea, not in economic leverage, because donald trump has been putting pressure for china to try to put some sort of economic sanctions or increase economic sanctions on north korea. it can do that. it's got 90% of fk hnorth korea foreign trade goes through china. china says the reason it's not

doing that because it doesn't want to destabilize the country. china's mind it's business as usual. >> this missile test landed some 200 miles off the coast of japan, pretty close, after overnight president trump said how much longer will japan stand for this? really what are the range of options for japan in this situation? >> i think the options are very limited, and it's very clear that japan is in an extremely vulnerable situation, highlighted in the comments from the prime minister in japan who said the threat from north korea is increasing. i think really what people are talking about right now is that the only option that japan has in order to do something on its own is to engage in diplomacy, trying to use the g20 meeting not to just talk to korea, not just to talk to the u.s., but try to engage better with china and russia to try to bring them to the table to take some kind of constructive action, is what

the prime minister said, because frankly, abandoning the diplomatic route for japan would have dire consequences, and frankly, a lot of people here say the other options are probably not feetible for japan, the ramping up of the military is not possible under the japanese and would have grave consequences to the stability of the region as a whole. the other option of perhaps upgrading its defense system so that it perhaps buys something like the thaad missile system for the u.s., the defense minister said they might consider that. china was upset with the south korean deployment of the thaad missile system. imagine what their response would be if japan did the same? >> andrew, what do you think this means for u.s./china relations? >> well, as we heard earlier on the show, alisyn, u.s./china relationships are already strained or becoming increasingly strained. the chinese have reacted very badly to the fact that the u.s.

is selling $1.4 billion of arms to thai juan, the u.s. naval warship in the disputed waters in the south china sea, the u.s. went after a chinese bank which had dealings with north korea. these are all brought up by the chinese president xi jinping as far as we're aware in that conversation with donald trump, a little more than 24 hours ago. as far as leverage from the u.s. president on a personal basis with the chinese president, it's getting more and more difficult because the relationship is widening rather than getting closer. >> the g20 will be fascinating with all the leaders in the same room at the same time. thank you so much for being with us. appreciate it. up next, isis on the run. u.s.-backed forces close to driving the terrorists out of two key cities. how intense were the battles right now? we'll speak to a top ranking member of the u.s. anti-isis coalition, with a special july 4th edition of "new day" continuing. you're not taking these.

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the fight against isis ramgz in mosul. iraqi forces are locked in an intense bat well a small pocket of terrorists remaining in the city. joining us from baghdad is the spokesman for the combined joint task force operation inherent resolve, u.s. central command colonel ryan dillon. happy independence day. >> thank you very much, alisyn how are new. >> i'm well. thank you very much. what is the status of what's happening in mosul today? >> the iraqi security force this is last week had a significant push into the old city and the final kilometer, square kilometer remains in the old city before total liberation of mosul can be declared by the government of iraq. >> how do we know there is only

a small pocket, a "small pocket" of terrorists left there? >> we are able to track, through many different means, the progress from the iraqi security forces, and then also just keep in mind that we have advisers from the coalition that are with iraqi throughout the fight so we have a very good picture and definition of what the battlefield looks like and what remains before total liberation can be called. >> we know that this has been a hard-fought battle for mosul. this has been very important for the coalition. why, once this small pocket of terrorists is eradicated as it looks like they will be, what does mosul mean? >> well, one of the biggest things to recognize is that mosul has been the largest city that isis has ever held control of. it is also considered their capital of their so-called caliphate in iraq.

so mosul holds a great significance to them. it is exactly three years to the day that abu bakr al baghdadi announced from the al nuri mosque, which was captured this week by the iraqi security forces, but three years ago to the day is when abu bakr al baghdadi announced his so-called caliphate, so it is very symbolic, and while that is one of the two twin capitals over in syria, the de facto capital of isis is also being taken from them every single day. >> and just tell us a little bit more about the great mosque of al nauri, the significance of getting that back. >> so the al nuri mosque is a symbolic, not just for iraqis and those from mosul, because it stood for over 800 years a symbol of faith for the iraqis and the muslawis and symbolic

for isis and their so-called caliphate has been a false caliphate and they destroyed it themselves, when the counterterrorism service rolled in to within 50 meters of the al nuri mosque, isis destroyed that, so that the iraqis, the muslawis from that area would not be able to have it. this is similar to many of the other types of atrocities that we have seen from isis throughout the last three years. >> tell us how our troops today are celebrating july 4th overseas. >> well i can say that any soldier, airman anywhere in any deployment is always going to find a way to celebrate and whether that be the fourth of july or christmas, we just always find a way but just right

outside of my office here, old glory is flying throughout this installation, probably 100 flags are waving in the iraqi breeze right now. so we will always find a way, but another thing i would like to highlight is that this coalition, a true coalition with 23 partner nations that are contributing forces, it's not often that or not often, it's almost every week we can celebrate something. canada day was just on the 1st of july, so we can celebrate pretty regularly here. >> that's good to know, 23 partners is important. i'm glad you're highlighting that, and thank you very much. happy fourth of july. thank you very much for your service, colonel. >> thank you, alisyn, have a good one. >> great they're getting a chance to celebrate there. freddy galves called it a good day. an understatement. started with the birth of his daughter. we'll tell you how it ended in "the bleacher report" next.

venus williams in tears after a match at wimbledon. of she was asked about a fatal car accident she had earlier this month in florida. coy wire has who are. >> according to ace police report venus is responsible for the car accident in which a 78-year-old man was severely injured, he later died.

police say venus violated the right of way at an intersection where her car was t-boend. she is being sued by the family in a wrongful death suit. venus was overcome with emotion when she was asked about that accident after an opening round match at wimbledon. >> there's really no words to describe like how devastating and -- yeah. i'm completely speechless and it's just -- yeah, i mean i'm just -- maybe i should go. >> yes. >> venus won her first match in wimbledon over unseeded ehis mertens but clearly this tragic accident weighen on her emotions, took the best of her after this match. phillies player freddy galves arrived at the hospital yesterday with his wife anna,

when she went into labor at about 6:00 a.m. they were blessed with the birth of their second daughter nicole. the two decided freddy should go to work so the phillies posted this photo on the jumbo tron congratulating the new parents saying "our family grew today." with the hospital band still on his wrist, on a couple hours of sleep, he swung at the first pitch he saw and hits the home run. he marches around those bases as phillies beat the pirates 4-0. but galvis delivering a home run and his wife delivering a baby girl. >> i guess it's a good thing he went to work that day. that's great. great story coy, thank you. >> you're welcome. a surging job market, strong job numbers. president trump taking credit for both. we'll fact check the president's claims on these next. to book a hotel room, i want someone that makes it easy to find what i want.

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. from job creation to surging stock prices president trump is quick to take credit. "don't like steel and aluminum dumping? dow hit a new intraday all-time high. i wonder whether or not the fake news media will so report?" breakdown the numbers and look at how much credit really goes to the president, joining us cnn chief business correspondent, christine romans, and cnn global economic an least rana farouhar.

listen to what the president says about jobs. >> probably seldom has any president or administration done more or had so much success early on, a record number of resolutions to eliminate job killing regulations and we see it all over the country where jobs are starting that would never have started ever under any circumstances. >> the unemployment rate is historically low. >> it is. >> is the job situation any better under president trump than it was at the end of the obama administration? >> absolutely not. the most important thing is we're actually at the end of a recovery cycle. we have been in economic recovery for almost a decade. it may not feel like that always but jobs have been created for a long time and it's true, unemployment at near record lows in the post crisis era. wages haven't ticked up and that's what people feel in their pocketbooks, why a lot of people are saying where is the

recovery. either way, under obama or under trump. >> and if you look at the last three months aside from the unemployment rate the job growth is slower. >> it's slower than it was the last couple years. this is just february to may. we'll have a new jobs report on friday and it's expected to show wages maybe 1.3% wage growth. the president has promised wages will start to come back. he has made that promise. we don't know exactly how. it has been a tremendous recovery in terms of the number of jobs created, over the past few years and now it seems to be stalling a bit. >> things are good. things are pretty good right now. they're just not markedly better than they were before, which is what the president was claiming and that gets to the stock market here which is something the president says that we don't talk about. i happen to know because i used to sit next to you every morning. you talk about it every day. >> this is the trump -- look, the s&p 500, that's 500 stocks, the broadest gauge of the american stock market, 16% almost since the president was elected.

that's really remarkable. i want to show you that on top of the last several years. this is what it looked like before the president came into office and you're going to see it in one second. the trump bump is a little bit on the end of what has been a very long and robust rally there. that puts it in context. what is so interesting to me is this president of the united states takes credit for that red line, but gives no credit to nibble for the blue that gets up to that point. >> more than that, he ran against it. >> he did. he did. >> also, if you wanted to say who is in charge of the stock j kept interest rates low, they pumped $4 trillion into the markets over the last few years. really it's neitherby ma or trump that deserves credit. >> what i find interesting is that shows an investor class enriched under had presidency. the investor class has done very well. donald trump has not shown he can connect the investor class to the working class. working class voters except for

low gas prices which the white house doesn't get credit for. >> let's talk about the low gas prices. today's average is $2.23 per gallon, which is really low. >> good. >> it's as low as it's been since 2005. again, this is undeniably good, and i'm more than willing to give whoever is in office credit but then everyone else deserves credit as well. >> if you want to talk about low gas prices, talk about china. china's slowing down. that's one of the reasons the demand in the global economy for oil and for gas is actually decreased. it really has nothing to do with the administration global markets price oil and gas. >> romans, gas? >> i think prices are going to start to go up a little bit but look, you have a supply glut, weakening demand and low gas. what is funny to me, every four years candidates campaign on i can low he your gas prices and none of them really can. it say global market, but i think that for the working class voters who voted for donald trump in particular the number

one indicator are those lower gas prices. i haven't seen a big change in the jobs situation for those workers yet, and he's promising that's going to come. >> there is an interesting economic numbers out just today this week, which may be a little bit of a warning sign and that has to do with auto sales. >> six months in a row stalling auto sales. these are big manufacturing parts, part of the manufacturing base of the united states and it's a cyclical industry. we're at the end where things are starting to taper off. another interesting point about auto sales is the average car loan right now is 69 months. that's a long time. i think that shows a little bit of distress for so many of the people who have been buying record numbers of cars. >> one of the areas the people are actually defaulting on these days has been auto loans so there's a little bit of trouble in that market. student loans, too. we haven't talked about that. >> even as the president is

talking about having these companies, make more of their cars here, sell their cars here, starting to see that slowdown. >> i have two questions, leading questions. bottom line, is the economy pretty good right now? >> relative to what it's been, you know, pre-crisis, yes, but if you think about over the long haul, every recovery since the '90s has been longer and weaker than the one before, so we're dealing with big, long-term problems in the economy, that really have nothing to do with this president. >> the other question the follow-up question, does he deserve, the president deserve any more credit than any other president does? >> i think presidents get too much credit and blame for what's going on in the economy. >> i agree with that. >> the numbers, the irony for this president, the numbers he absolutely did not agree with a year ago now he is calling his own. so that's -- >> he says he's not a politician but in fact that is the epitome of politics. rana and christine, thank you so much. thanks to our international viewers for watching.

for our u.s. viewers a special july 4th edition of "new day" continues right now. north korea claimed a successful test of an icbm and intercontinental ballistic missile. >> the nuclear and ballistic missile programs of that regime require a determined response. >> the real key to this has got to be china. they're the ones of that the power to influence the behavior in north korea. >> all options are on the table. we want to bring kim jong-un to his senses, not to his knees. >> the president is preparing for a crucial international trip that could reshape the global political landscape. >> german chancellor angela merkel warning ahead of the g20 she's going to be publicly confronting donald trump on very big policy issues. >> this is "new day" with chris cuomo and alisyn camerota. >> welcome to a special independence edition of "new day." chris is off. john berman joins me. >> happy fourth. >> happy fourth.

north korea claims it's had its first successful test of an intercontinental ballistic missile, a potential major advance in the regime's efforts of building nuclear weapons capable of reaching the u.s. mainland. >> president trump seemed to mock the north korean leader. "does this guy have anything better to do with his life?" he said that before suggesting china put more pressure on kim jong-un, as president trump prepares for a critical overseas trip that includes a face-to-face meeting with russian president vladimir putin at the g20 summit in germany. first to paula hancocks live in seoul, south korea. north korea says it's an icbm test which would be a major advancement. >> reporter: absolutely, john, they say it was a success and icbm and claim in the statement television broadcast that it could actually now show they can hit any country anywhere in the wo