tv After the Bell FOX Business August 31, 2016 4:00pm-5:01pm EDT
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you are bullish on the two names? >> i like the real estate sector right now. looking for yields, looking for things that correlated to the overall market, looking for u.s.-centric positions given what we were talking about. >> there is the bell. let's make our folks some money watching at home. that's it for us, send it over to david asman and melissa francis. david: thank you very much, stocks ending the day and the month in red all except for the nasdaq, the only major average wrapping up in positive territory. i'm david asman. melissa: and i'm melissa francis. this is "after the bell," we've got you covered on market movers. donald trump making impromptu trip to mexico meeting face-to-face with the mexican president just hours before he gives a major immigration speech in arizona. he's expected to make a joint statement any minute. we're going to take you there live. a new poll shows hillary clinton's disapproval rating
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hitting all-time high as new report shows she mishandled classified information after leaving the state department. this is new. and another irs scandal, more than a million americans had social security numbers stolen by illegal immigrants. the irs learned of the problem five years ago and has yet to notify any of the victims. david: just us taxpayers, that's all. back to the markets, first, the dow ending the day in the red for five out of the past six days, chevron, boeing, du pont a drag on the blue chips. phil flynn of price futures and fox business contributor has us covered from the cme. and lori rothman on the floor of the new york stock exchange. lori, first to you, the biggest winners and losers. >> reporter: as we wrap up the month of august. the dow and the s&p with today's losses will close out the month of august in the red. so on the s&p, the winners urban outfitters, good earnings up 20%.
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micron gaining 20% in august. other side of the coin, dollar general down 22%, weak quarterly sales, couldn't rebound from that disappointing earnings call. bristol-myers, a negative study on lung cancer drug plagued that stock, down 24% on the month. as for the dow jones industrial average you're looking at merck, goldman sachs two, winners there, goldman benefitting on unexpected right in rates, and verizon and pfizer down 6% on the dow in the last month. back to you. melissa: lori, thank you so much. phil oil taking a dive ending down nearly 4%. what happened? >> we had a big build in crude oil inventory the market is looking for a drawdown, i don't think it justifies the size of the drop we had. despite the big sell-off, of course, for the month, oil prices broke a two month losing streak, that was a positive. i think a lot of it was the end of the month. the last day of august.
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commodities records had a long position, the market took a hit. the other thing, of course, is that we're watching the tropical storm that is now hermine in the gulf of mexico, and it looks like the storm is going to miss some of the critical crude oil-producing areas, and actually got a report from the beee that follows that right now, and they said the crude oil production actually went up a percentage point from where it was just yesterday. so right now 19% of gulf oil production is down, natural gas production down 10%, so the uptick was negative for oil. melissa: all right, phil flynn, thank you so much for all that. david. david: the dow ending a touch in the red but investors are bracing for a volatile september. bring in market panel, jonathan hoenig, he's also a fox news contributor. james freemen from the "wall street journal." gentlemen, september is a stinko month for stocks is this year any different?
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>> that's a parlor game, david. get off the subjectivist fallacy that -- david: play the game, john, play the game. >> the most important part is what you started with, a weak -- it's been a weak summer leading into a weak fall, and that's the big thing. we still see more highs than lose in the new york stock exchange, but what the market did in 2006 and 2016 is nothing to do what it's doing in the current year. david: what is happening that people can't explain. jobs numbers out on friday. they haven't been bad. a couple of stinkos in there, basically been okay. the gdp number is terrible. we just had a revision downward to 1.1%, how could you have the disconnect between a bad growth number and on the other hand an okay jobs number? >> i don't think it can persist for very long, gdp continues in that stinko range you were
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talking about. i wouldn't expect great job news. also, hard to see how we're going to get a lot of great earnings news this fall. if you want to look at a reason why this september could be a little better, maybe we get a message from donald trump tonight that he's a little more reasonable on immigration, maybe makes it clear to people he doesn't want to trade more, maybe starts rising in the polls, could be a bullish signal. melissa: all right, the $14.5 billion tax on apple could be the beginning. the battle between the u.s. multinationals and european companies, being accused of unfair tax breaks, i love that phrase are google, starbucks, mcdonald's and amazon. james freeman, boy, what a >> yeah, total money grab. these aren't tax breaks, just to be clear. the law that applies to everybody and this is money that was not earned in ireland, but the european union is determined that taxes should rise in ireland.
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what they really hate is that low corporate tax rate in ireland, 12.5%, harder for the other countries to compete, so they're contriving new ways to go after it and seize more money. melissa: jonathan, who ends up paying the bill in the long run? it's the consumer. you look at the products and those names, they're all things you use and buy and you'll be paying the bill. >> yeah, there's a risk to this melissa. no question. not just to the stocks and the companies involved here but more to the currencies in the countries in europe that are going on about the corporate shakedown. it's government. harder to predict than how many iphones apple will sell essentially what side of the bed the european union will wake up in terms of trying to extort more money out of the companies. i'd buy apple but short the euro. this is a sign of a desperate economy and desperate continent. get out of the european stocks right now. melissa: tim cook had a great quote, not how much apple pays
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in taxes, it's just which government collects them? >> right, they pay a lot of taxes to be clear. i believe they're the largest taxpayer in the united states, this money is that will be taxed when it comes home to the u.s. that's the law. nobody has violated it but the eu doesn't like it. it's not just on the tax side, there is a systematic attack on the tech companies on the regulatory side on the u.s. side as well. very hostile market as well. melissa: so the politicians can waste the money. all right, david. david: that's what happens when you let the eurocrats take control of the tax policy. the d.o.j. is filing antitrust lawsuit against john deere's planned purchase of monsantos citing a lack of competition in the industry and higher cost to farmers. deere saying the government is quote misguided and will fight the suit vigorously. james, give the government their due for a moment. saying this would combine the only two high-speed planting
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systems for farmers in the united states. so that is kind of the definition of a monopoly, only one that does that. >> well, look, this is the game that justice department lawyers always play. it's up to them to define the market and they draw the line around whatever they want to and say it's a monopoly. the fact is that is a very innovate i've oo. david: i'm sorry to interrupt you, james, donald trump is walk out of this meeting in mexico. the mexican president is speaking right now. this was a very sudden decision on the part of donald trump to visit mexico. i don't know if they have a translator. let's listen in and see if they do. >> i'm certain the electoral process will continue to be an intense deeshths a contrast of ideas and wide citizenship participation. all these characteristics of a great democratic tradition of the united states of america.
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mrs. hillary clinton as well as mr. donald trump have heard in public my respect to both, just as it was done with our president -- with the president and our friend, barack obama, the next american president will find in mexico a neighbor that wishes to work and strengthen even more willing between our nations and together face our common challenges. i believe that there are great opportunities for both countries. if we decide to take advantage of them together, as two friends, as good neighbors, and strategic allies, parting from a relationship that is based on mutual respect, even though we may not agree on everything, i trust that together we will be
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able to find greater prosperity and security without losing sight of the fact that freedom and independence are the basic principle of everything that we value. anything that is -- any new policy needs to be renewed and reviewed every once in a while. we must review what has worked and what has not. what are areas and opportunities of improvement on both sides of the border? how can we alleviate misunderstandings? in virtue of the spirit, i sent a letter to both presidential candidates to mrs. hillary clinton and mr. donald trump proposing, therein, a gathering where we can talk in a constructive fashion about the joint progress of our countries. today i have met with
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mr. donald trump and i hope to do the same with hillary clinton soon with whom i have had the pleasure of discussing and having gatherings in the past. we might disagree on several issues, but your presence here, mr. donald trump, shows that we do have fundamental common ground. our countries are important one to the other. the united states is highly important to mexico, just as mexico is highly important for the united states. we share the border where there's greater traffic of persons, where every day, in a legal fashion, over one million persons cross the border and over 400,000 vehicles trade between our countries, goes over $500 billion per year. we innovate and together we
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manufacture, and in terms of national security, the daily cooperation between our government is more important as time goes by in order to face the challenges of a complex world. mr. trump and i had an open and constructive discussion. the purpose of our meeting was to get to know each other and to exchange ideas and visions about bilateral relationship of our countries. in terms of trade, mr. trump and i talked about my condition that the free trade agreement of north america has benefitted both the united states and mexico. exports from the united states to mexico are close to $200 billion per year, and according to the chamber of commerce of the united states, more than
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six million of american jobs depend on exports to mexico. our country buys more from the united states than germany, spain, france, italy, japan and the united kingdom together. many jobs in the manufacturing industry in the united states were sent to other regions of the world precisely because together we have developed a competitive manufacturing platform in the north american region. in average, 40% of the export content of mexican exports is on american territory. we must work together to avoid that the sources of employment might leave our region.
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nonetheless, this does not mean that the free trade agreement of north america doesn't have room for improvement for the benefit of both. telecom is an agreement that was signed 22 years ago, the next president of the united states will find in my government an ally with the willingness to continue, erode, to modernize telecam with the view to make it more effective and generating quality jobs, better paying jobs in both countries. i do not believe that trade must be considered to be an effort that gives no results. we are for one to win the other must lose. on the contrary, it must be viewed as an effort that generate value to both parts, and that makes our region in north america the most competitive and innovative in the world.
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as to border issues, my vision is very clear. the border must be transformed into an asset for our region. we have made great developments in the last few years working very closely together with the obama administration and with the upcoming administration, we must fast track these efforts so that the border between the u.s. and mexico might become more efficient and safer. however, an important number of americans or united states citizens see the border as a great problem because undocumented persons and illegal drugs cross to the united states. undocumented immigration from mexico to the united states reached its highest point ten years ago and has been reduced consistently ever since, to the
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point where it's negative in net terms. even so we know that there is still a challenge including the increasing number of non-mexicans who cross through our country in order to reach the united states, therein creating serious human crises. however, this is a vision that is clearly incomplete of the true border issues because it does not take into account the illegal influx of weapons and money. every year thousands of weapons and millions of dollars come into mexico illegally from the north, strengthening drug cartels and other criminal organizations that generate violence in mexico and that obtain profit from the sale of drugs in the united states.
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this flow must be stopped. what we need is an integral approach as to the border that might address the issue of undocumented traffic and the flow of illegal drugs, weapons and money -- cash money. many lives could be saved on both sides of the border if criminal organizations stop receiving the amount of weapon and cash that right now promote their criminal activity. illegal flow of weapons, drug and cash money in both directions has multiple negative consequences on both sides of the border. our border must be viewed as a joint opportunity. both countries must invest more in it.
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more in infrastructure, more people, and more technology in order to make it more efficient and secure, and if i do -- and though i do recognize the fundamental right that each the countries has to defend its border, i also believe that a true effort of collaboration between neighbors and allies is the most effective road in order to achieve this. i also express to mr. trump that to make mexican border more secure for our central american neighbors, it is of great importance to mexico and the united states. likewise, in terms of national security, mexico and the united states work together to face the challenges that this complex world present us to. every day, homeland security from both countries interchange or exchange action and information independently from
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the result of the upcoming elections in the united states, the new american and united states administration can expect willingness and collaboration from the mexican administration in order to make the north american region more safe. mr. trump, i would like to reiterate what i mentioned to you in private a few moments ago. my priority as the mexican president and my administration's priority is to protect mexicans wherever they may be. that is my responsibility, and i shall continue to abide by it with great passion. the mexican community in the united states make daily contributions through talent, work and creativity. they contribute to the prosperity and advancement of the united states and mexico. mexicansn the united states
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are honest and hard-working people. they're persons that are decent, that respect family, life and community, and that respect the law. as such, mexicans deserve everyone's respect. let's continue to work together to solidify the relationship between mexico and the united states based on mutual respect, trust and joint attention to the challenges that we share in common. i shall conclude by reiterating that the mexican government shall be completely respectful of the electoral process in the united states. i recognize, acknowledge your decision to have a constructive dialogue.
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a dialogue is the proper road because it bridges gaps. dialogue is the road because it enables us to reach greater understanding. thank you very much. let's now hear from the republican candidate for the presidency of the united states, mr. donald trump. >> the united states of america, mr. donald trump. >> thank you. it is a great honor to be invited by you, mr. president, a great, great honor. thank you. we had a very substantive, direct and constructive exchange of ideas, over quite a period of time. i was straightforward, instructive, exchange of ideas over quite a period of time. i was straightforward in presenting my views about the
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impacts of current trade and immigration policies on the united states. as you know, i love the united states very much and we want to make sure that the people of the united states are very well protected. you equally expressed your feelings and your love for mexico. the united states and mexico share a 2,000--mile border. half a trillion dollars in annual trade, and one million legal border crossings each and every day. we are united by our support for democracy, a great love for our people, and a contributions of millions of mexican-americans to the united states, and i happen to have a tremendous feeling for mexican-americans, not only in terms of friendships but in terms of the tremendous numbers
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that i employ in the united states. and they are amazing people. amazing people. i have many friends, so many friends and so many friends coming to mexico and in mexico, i'm proud to say how many people i employ, and the united states, first, second and third generation mexicans are just beyond reproach. spectacular, spectacular, hard-working people. i have great respect for them and strong values of family, faith and community. we all share a common interest in keeping our hemisphere safe, prosperous and free. no one wins in either country when human smugglers and drug traffickers prey on innocent people, when cartels commit
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acts of violence, when illegal weapons and cash flow from the united states into mexico or when migrants from central america make the dangerous trek, and it is very, very dangerous, into mexico or the united states, without legal authorization. i shared my strong view that nafta has been a far greater benefit to mexico than it has been to the united states, and that it must be improved upon to make sure that workers and so important, in both countries, benefit from fair and reciprocal trade. i expressed that to the united states and that of the united states that we must take action to stem this tremendous outflow of jobs from our country.
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it's happening every day, it's getting worse and worse and worse, and we have to stop it. prosperity and happiness in both of our countries will increase if we work together on the following five shared goals: number one, ending illegal immigration, not just between our countries, but including the illegal immigration and migration from central and south americans and other regions that impact security and finances in both mexico and the united states. this is a humanitarian disaster. the dangerous treks, the abuse by gangs and cartels, and the extreme physical dangers, and it must be solved, it must be solved quickly. not fair to the people anywhere
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worldwide, you can truly say, but certainly not fair to the people of mexico or the people of the united states. number two, having a secure border is a sovereign right, and mutually beneficial. we recognize and respect the right of either country to build a physical barrier or wall on any of its borders, to stop the illegal movement of people, drugs and weapons. cooperation toward achieving this shared objective, and it will be shared, of safety for all citizens is paramount to both united states and to mexico. number three, dismantling drug cartels and ending the movement of illegal drugs, weapons and funds across our border. this can only be done with
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cooperation, intelligence and intelligence sharing and joint operations between our two countries. it's the only way it's going to happen. improving nafta. number four. nafta is a 22-year-old agreement that must be updated to reflect the realities of today. there are many improvements that could be made that would make both mexico and the united states stronger and keep industry in our hemisphere. we have tremendous competition from china and from all over the world. keep it in our hemisphere. workers in both of our countries need a pay raise very desperately. in the united states, it's been 18 years. 18 years. wages are going down. improving pay standards and
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working conditions will create better results for all and all workers in particular. there's a lot of value that can be created for both countries by working beautifully together, and that, i am sure, will happen. number five, keep manufacturing wealth in our hemisphere. when jobs leave mexico and central america it increases pressure on social services as well as pressures on cross-border migration. tremendous pressure. the bond between our two countries is deep and sincere and both our nations benefit from a close and honest relationship between our two governments. a strong, prosperous and
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vibrant mexico is in the best interest of the united states, and will keep and help keep for a long, long period of time america together. both of our countries will work together for mutual good, and most importantly for the mutual good of our people. mr. president, i want to thank you, it's been a tremendous honor, and i call you a friend. thank you. >> mr. trump? are you taking questions, sir? . >> i think they are going to take some questions. melissa: let's see here. >> i think excellent, excellent. a tremendous respect for the president. we were actually together for quite some time, and i think excellent. i was with, as you know, senator sessions and it was
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tremendous, more than an hour. very good. [inaudible] >> say it, yes? >> no, not at all. we want what's good for the united states, and the president wants what's good for mexico and in sitting down and in talking, we both realize we realized this from the beginning, it's good for both of us. better for both of us, actually, yes, john? [inaudible] >> we didn't discuss that. who pays for the wall? we didn't discuss. [inaudible]. >> the wall, is it a non-starter? is mexico paying for the wall? >> well, i'll start, nothing like an easy question like that.
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we did discuss the wall, we didn't discuss payment of the wall. that will be for a later date. this was a very preliminary meeting. i think it was an excellent meeting, and we are, i think we're very well on our way. a lot of the things i said are very strong, but we have to be strong, we have to say what's happening. there is crime, as you know, a lot of crime and a lot of problems but i think together we'll solve those problems. i really believe that the president and i will solve those problems. we will get them solved. illegal immigration is a problem for mexico as well as for us. drugs are a tremendous problem for mexico as well as us. it's not a one-way street, and we'll work together and we'll get those problems solved. mr. president? >> the mexican government has complete respect for the electoral process in the united states.
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i invited both candidates, to which received a quick response from presidential candidate trump to talk about the bilateral issues, and in the private meeting, in addition to the meetings -- to the issues we have highlighted, we have talked about the relevance that it has in terms of the relationship of both countries, how important the strategic alliance between both countries is. i also expressed as to the great responsibility that i as the mexican president have to defend the mexican people, to defend the mexicans that are here and out of mexico. have there been misinterpretations or statements that unfortunately had hurt and impacted mexicans in terms of the perception that
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the candidate had expressed in which i absolutely respect that the mexican people had felt insulted by certain comments, but i was certain that his genuine interest is to build a relationship that might lead us to provide both our societies better conditions; that the willingness proposed by the mexican president to gather with both candidates for the presidency of the united states is, in fact, on the premise to be able to together build, but mostly on the basis of respect, mutual respect between our nations. i have shared this with the presidential candidate trump. ladies and gentlemen, we thank u for your attendance. >> and we thank all of you for your attendance. david: okay, once again, melissa and i have been
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watching with great interest. president of mexico pena nieto meeting with donald trump in mexico. this is the day before president of mexico meets before the full house of congress in mexico for something called the infortame. he will get feedback from fellow mexicans. melissa: trump talking about immigration both into the united states and mexico, securing the border, dismantling the flow of drugs and cartels and keeping manufacturing wealth within this hemisphere, the tone there, very friendly between the two. both saying it was constructive and talking about having solved any previous misunderstandings. that was from the president of mexico. david: let's bring in daniel garza, the national executive to weigh in on donald trump's visit to mexico.
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dan, i have to say this was a presidential moment for donald trump. there's no other way to put it. he met on equal terms with a president of a sovereign nation, one he's had a lot of conflicts with. that president went out of his way to talk about cooperation, to how much they had in common. their mutual interest, donald trump for his part said together we will solve problems. this is a different donald trump. it's a different president of mexico, and hillary clinton nowhere to be seen. >> look, i have to agree. i think they struck a chord of interdependence, of mutual cooperation. if people were thinking this was going to be the theater of the absurd, what you saw was donald trump actually looking statesman, he had the imprimatur of the mexican government behind him with the trappings and the environment of what is two men who are governing in this case, two leaders who seek to govern and to try to address mutual differences they may have or
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understandings and tackle the challenges that our immigration, that our energy development. that have to do with trade and commerce, and the american people want to see this, there's going to be economic opportunity and people are going to govern sensible rights. david: the american people want to see, it hillary clinton's campaign has been going out of its way to say elect this man and america will be in trouble. he doesn't know how to cooperate with foreign leaders let alone people he's disagreed with in the past. this shows he does in fact know how to agree with people he might have individual difficulties with, and perhaps solve the difficulties by dialogue such as the one he's having in mexico today. >> a lot of americans have the sense that hillary is a continuation of obama politics, and the obama administration has ignored latin america, given it no priority and criticized donald trump for making a visit to meet with the mexican leader.
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look, you have to get to the business of governing, and people need to dialogue and have an understanding as to how they're going to cooperate binationally. this was an important event and meeting for him. david: very important event. tonight emphasize what's happened. what's happened in the hemisphere, we talk about the middle east and russia, you look at venezuela falling apart, cuba, we've gone out of our way to court and i don't see it doing much good for the cuban people. you look at situations in latin america and there are problems. one might think from the rhetoric coming out of clinton administration, when you look at it, things have gone to hell in a hen basket. >> the people of argentina got fed up with the kirchner administration and brought in a leader.
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david: which is not somebody the administration was looking favorable on. they were much closer to the kirshners than they were to this person, and look at brazil, that's falling apart. >> i was happy to hear the constructive dialogue between the mexican president, enrique pena nieto and the republican candidate donald trump, talking about trade, what is going to generate opportunity and remove barriers to the opportunities for americans? that is a critical point to underscore between the two leaders. david: great to talk to you, dan garza from la libre initiative. melissa: what can we expect from trump's immigration speech? here is the democratic strategist, also kirsten haglund and tony sayegh. tony, first, that was a huge mistake for hillary clinton to let that happen, what just went by there. what a setup to the speech tonight?
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>> exactly right, melissa and relegated to the sidelines having her campaign make snarky jabs at what is undoubtedly a powerful presidential moment for donald trump. you see there two leaders of political party and a country come together in spite of differences and do what statesmen do, to talk about shared and common ground and set context for potentially working together in the future to resolve differences. that's what we need to see happening from at least the american perspective with mexico. tonight it's followed by what i'm going to anticipate is a very powerful speech by donald trump that sticks to the very key principles of his immigration policy which most acknowledge needs to fixed in this country today. while going into more details in a way i think continues to add the context to what a trump position will look like once he's president on immigration. melissa: kirsten, you take a tinge of racism or xenophobia
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out of the idea of building a wall when you're standing next to the president of mexico who stands there and agrees that a strong border benefits everyone, and that they have just talked about the idea of not wanting to have drugs and illegal money flow back and forth over either border, i mean, didn't hoe take any sort of tinge of racism out of it by standing there and having that president agree? >> certainly looks that way us to standing here that watched it. visual was powerful. of course, that's a question better directed to the hispanic community and the united states themselves. but i agree this was a really great moment for donald trump. so far in this campaign, what's interesting is the follow-up. it seemed they agreed on a lot of things, they came together and really seemed to me and observers as more evidence of that softening. he's looking to get together with mexico and see how we can find common ground and solutions that benefit both countries and be interesting to
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see how that's interpreted among his followers and most die hard supporters as something they can get behind and a policy that's actually going to work once implemented not just a fantasy. melissa: mustafa, he stood there and said we put out an invitation to both candidates, donald trump quickly responded and came down here. he said your presence shows us we have common ground. how does hillary clinton battle back against that? >> first of all, i want to say, this was a good, strong moment for donald trump, and anything he can do to improve his knowledge of world events and world leaders is definitely a plus. but i could not help but remember marco rubio's words and he says he stands by them, that donald trump is a con man, and he really put off a fairly good con here, where he got on stage with the president of mexico, who's probably got the lower approval rating than hillary clinton and donald trump and was able to turn it into a moment for himself going
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into a speech tonight. it was certainly a good con on his part and done his campaign quite well. >> there is a cynical way to look at it. >> i'm using marco rubio's words, he stands by that. >> marco rubio was his primary opponent, that's fine. the reality is today you saw donald trump, in my opinion, take a very reaganesque tone. he was very open, warming relationships, softer tone no doubt, but he held steadfast his principles. everything he does is to put america first, and he acknowledged there were still differences but the platform to resolve them is through cooperation. this was a very important overture from donald trump that shows his ability to be there. melissa: with that take, marco rubio lost. >> that's what people have been talking about. will he be able to continue that and be able to continue to give america pictures of him,
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visuals of him being presidential, that they can hold in their minds until election day. melissa: we've got to go. i'm sorry, thank you so much. david: mustafa, we'll start with you next time. stay tuned to fox business for donald trump's immigration speech. i'm filling in for lou dobbs, followed by special edition of "the intelligence report" at 8:00 p.m. eastern. we've got it all covers. melissa: mishandling of classified information in hillary clinton's e-mails. we've got the details of that coming up. if a denture were to be
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. melissa: putting our national security at risk, hillary clinton continuing to mishandle classified information after leaving office, this after the state department says it uncovered 30 e-mails that could be related to benghazi despite promises from the democratic nominee, that she had provided all work related e-mails. here now is manny gomez, former
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fbi agent and m.g. security president. thank you for joining us. why is this significant? this is new information we didn't have before. why is it significant she kept sending classified information after she left office. >> it's significant because she said time and time again that was all the information that was out there, that was all the e-mails that were out there. now we're seeing that wasn't the case. she's being disingenuous, there are a lot more e-mails and information, classified e-mails obviously, if they have to deal with benghazi, that we haven't seen, that the fbi still has not revealed, and when they do reveal it, they will be blacked out because they're classified by definition, and so this is a situation where myself as an fbi agent, if i were in this situation, i'd be indicted and prosecuted. she's getting a pass on. melissa: it's believed she sent 2101 e-mails that contained at least some classified information.
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how big of a deal is that? what kind of danger does it create, in your opinion? >> it's a huge deal. here you have somebody in charge of our foreign policy, the secretary of state, who answers basically only to the president of the united states and is doing business on an unprotected server, and everybody is trying hack us on protected servers. here she is doing business on unprotected server, giving our nation's secret away to people who are going to use the information to do us harm. melissa: she was on late night comedy saying what's embarrassing about all this is my e-mails are so boring. that is revealed and embarrassing to me. what do you think about statements like that? >> it's unaccept believe that she's making jokes about our national security. the fact she's making comedy
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about the fact that she can't secure our secrets and that she let them out and that she's not taking responsibility and ownership for her actions, it's really unacceptable and i hope the american public knows to understand this. people in the military, and the people that have served our country, like myself and hundreds of thousands of others are held to a higher standard, and if we are held to that standard, certainly the secretary of state knows that standard and should identify and respect that standard. melissa: manny, thank you so much for coming on, we appreciate it. david? david: that is pure common sense. i love common sense from guests. meanwhile, while the clinton foundation might have been used to launder foreign money? details you have not heard before coming next.
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. david: even friends of hillary clinton say the family needs to sever all connections to the clinton foundation, but that might not be enough to end questions of how it was used to cash in on her position as secretary of state? and now even the possibility it was used to launder foreign money. here now is charles ortel, the financial whistle-blower who previously found major gaps in clinton records. charles, there are several foreign entities that the clinton foundation had, they call them little brothers, if you will, one of which was in sweden. this was a time in 2009 until 2014 when sweden had a couple of big companies like volvo and ericsson dealing with iran and the state department was reviewing whether that was proper or not. at the same time, the little brother clinton foundation was receiving a lot of money from sweden in the form of checks from the lottery and other institutions.
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that by the way is their 990 form, the clinton foundation that shows the stockholm branch. but switch to how much money they were getting from the stockholm branch. in 2014, almost 7 million. in 2013, almost 10 million. 2012, 5 million. at the same time when the state department pulled back on investigating these swedish companies. is there a connection? >> yeah, i think the first point that your viewers should understand is there is no real independent check of any of these numbers, as is required by federal and state law here. so the numbers you're throwing around on the 990 have never been independently verified by anybody. so we really don't know whether that's a lowball estimate, high estimate or what. david: you're not supposed to lie to the irs, most of us get in big trouble if we do that? >> absolutely. the irs has one set of rules but new york state has a tougher set of rules which requires you to reconcile the general line on the income
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statement on 990 of government grants, grants that provide tremendous e-mails. clinton foundation has never done that since inception. david: here's the question, charles as far as the swedish group is concerned. they were a shell organization, they didn't have an office or employees, they were a pass through. swedish companies gave it to the swedish entity which passed it onto the u.s. clinton foundation. that seems like money launderring to me, does it to you? >> absolutely. and there's another provision that most people don't know about, and that is that a u.s. public charity has to control foreign operations tightly. you are supposed to have tight controls, board minutes and accounting firm to check all. this the firm they used in the early period, 2011-12 was a firm called bkd which doesn't have international capabilities to speak of. david: unbelievable. other thing is they weren't
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straightforward, the state department, whether the entity existed, correct? >> absolutely. a normal human being would be severely reprimanded by governments for all of this activity. david: thank you very much, charles ortel for digging it up. >> my pleasure. david: donald trump holding a joint press conference with the mexican president moments ago. extraordinary. hours before his major immigration speech tonight. more on what he said that is making headlines now. did you read every word? no, only lawyers do that. so when you got rear-ended and needed a tow, your insurance company told you to look at page five on your policy. did it say "great news. you're covered!" on page five? no. it said, "blah blah, blah blah blah blah blah..." the liberty mutual app with coverage compass™ makes it easy to know what you're covered for and what you're not. liberty stands with you. liberty mutual insurance. everyone thought i was crazy to open a hotel here.
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was a sentimental moment. donald trump making the moments in the comments in mexico. tonight the big immigration speech. stay with us for live coverage. i will be filling in for lou dobbs. and then we go on to trish regan. risk and reward starts now. >> the 19th and mexico share 2000 mile border. each and every day. we are united by our support for democracy a great love for our people and the contribution of millions of mexican americans to the united states. donald trump was in mexico city. this is risk and reward. i'm deirdre bolton.
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