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tv   Cavuto Coast to Coast  FOX Business  January 27, 2017 12:00pm-2:01pm EST

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thatcher, both countries were in disarray back then and both countries are in disarray now. a lot of hope. that is why we hand it to neil cavuto from here. neil, take it away. neil: i was too young to remember that, charles. thanks for pointing it out. unlike you i'm not going to sing which everyone is, thank you very much, buddy. we are focusing on this to your point, charles. couple big things. theresa may at the white house with president trump. to charles's point this could be a maggie thatcher redux with ronald reagan. behind the white house you have the national right-to-life march. i point that out to point this out. vice president pence will address the right to lifers. that is a big deal because he is the biggest deal to address a right to life crowd when they descend on washington. the highest ranking official to do so in person. other presidents, for example, have spoken to these crowds via
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audio address, sometimes on tape. sometimes live. ronald reagan was famous for that president. president bush senior, his son later on george w. bush, but this is the highest ranking in-person washington official, vice president of the united states to personally address the cause to say the cause is right. you have all of this going on. then talk of sort of a new reagan-thatcher revolution going on. former aide to margaret thatcher, nile gardiner. obviously you were there and kept your youthful good looks, good for you, but i don't buy that comparison not to besmirch the power duo now and the duo then. theresa may is not a the firebrand and pushed into these times of "brexit." i commend her for the political dexterity, i'm not buying that. what about you? >> great to be here on this
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wonderful day celebrating a special relationship. with regard to theresa may, as prime minister she has done very well. as you say she is not the same as margaret thatcher. there are some big differences. she possesses some of the same leadership qualities and skills of the iron lady. i think her sense of determination basically to implement the will of the british people over "brexit." i think she has shown tremendous leadership on the "brexit" issue, considering she was not actually a "brexit" supporter ahead of the referendum, but she does respect that the british people voted for exit from the european union and she vowed to implement the exit and she is going to do so. but i think there are very strong leadership qualities but i don't think we'll exactly see a repeat of reagan-thatcher period which is of course is very, very different time, very different leaders, but, at same time i do think it would be
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great for both theresa may and for donald trump to aspire to build the kind of relationship that margaret thatcher had with ronald reagan. after all, that was really the high point of the anglo-american special relationship. u.s. and uk led on the world stage. this was a tremendous time, actually for u.s.-british relations. neil: it is important to your point that the two are meeting first and this is president trump's first world leader to visit him as president. of course the japanese prime minister visited in new york when he was the president-elect having said that though, they do have some common economic ties and interests. this idea of bilateral trade agreement between ourselves and the brits. maybe that could be the start of something. she has to the prime minister has to dance around that not to overly offend or alienate the european community but how do you think that is going to go? >> i think that's right. you know, u.s.-uk free-trade
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agreement will be at the very heart of discussions between the british prime minister and u.s. president. it is a big priority for the british side, getting a deal with the united states, once the uk leaves the european union is huge, huge boost to great britain. it will lay the foundations for future trade deals around the world for the united kingdom. so i think the stakes are extremely high. at%same time, u.s.-uk trade deal is championed by donald trump who was very pro"brexit." he believes in bilateral trade deals. agreement with great britain, america's closest friend and ally would be a huge step in the right direction for the new trump presidency. send a very clear signal that special relationship really does matter. u.s.-uk free-trade agreement will be on the agenda today. i expect that deal to be negotiated at some speed. i think it will be fully implemented i believe within 90 days of britain leaving the
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european union in 2019. neil: nile, thank you very much. another country where relations are not as cozy or as they have been with the brits of course is mexico. i can't even repeat what i heard some of the mexican broadcasters saying. i'm not that great at spanish i think they mixed in some nasty words, i do. in fact they did. but i'm not going to repeat that right now. i will tell you though that this talk of maybe putting a tax on mexican imports, a tariff, whatever you want to call it, upwards of 20%, that is not going down well down there. even with at that lot of politicians up here. blake burman with the latest on all of that at the white house. hey there, blake. reporter: this is quite possibly the first major question mark hovering over the white house and the trump administration, just how to go about paying for wall at southern border. folks here at white house have promised and mexico, leaders there say no way. yesterday there were couple of
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different variations floated out there. started with white house press secretary sean spicer giving this -- neil: okay. depends on what can happen on a given day here. all the cameras apparently went to anyone british. just to make sure we've got it, i think we've got him back. just to be safe you might want to give remaining part in british accent. disproportionate number technology going to them and not necessarily to you. tell us what is going on with this whole mexican rift? >> you got me back here, neil? neil: i do indeed. reporter: i don't know where we cut off basically sean spicer, white house press secretary sean spicer floated this idea if you tax the deficit with u.s. and mexico, the trade deficit, about 50, $60 billion, tax that out 20%, you get $10 billion in just about one year could pay for that wall potentially. just after he floated that, the administration, top officials here kind of walked that back a
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little bit saying look, there is buffet of options available to them. to eventually pay for the wall. one of those they said is five to 20% tax along the border. there are a couple possibilities here at the white house. you have the border adjustability tax which is being pushed by folks on capitol hill, republicans there, including congressman kevin brady who is head of the house ways and means committee. you spoke with him yesterday and asked him one of the central questions surrounding taxing products that come back into the country. here it was. listen. neil: wouldn't a tax like that, sir, mean we pay for this? americans are the ones who would pay that. >> so, what i heard today from this president, tax reform they would level the playing field on imports around the world and level it with u.s. products here in america at the exact same
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rate. so i don't think they were singling out one country over another. reporter: not all republicans are on board. congressman will hurd, district from texas not too far from the border. said in texas newspaper, quote, this tariff wod be devastating to communities in my distribute rely on border trade, harmful to thousands of u.s. companies that work hand in hand with mexican companies that produce goods and services and expensive to middle class families who will feel the pinch as prices go up. neil, we have had a little technical difficult. interesting week at white house. we have to work the kinks out. neil: great work, blake burman. to charlie gasparino, fall out from the tariff tax, whatever you want to call it. no matter what you call it, charlie, it would involve americans paying for it. the question how much could we absorb? then would we stick with this? >> we broke the story on your show last week they were thinking, this is what we had, i didn't know it was mexico
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specific but i don't think it is. it was across the board import tax of five to 10%. now we're hearing 20%. usually those costs, if you do that, get passed along to the consumer no matter which way you put it. you tax them, it goes, anything that, they will retaliate. neil: charlie, hey, the rest of the world does it to us. should we do it back to them? >> well we have to see how much they do it to us and see what type of agreements we have. generally these types of things don't work. i will make this other point, this is where i think republicans, they're cowering worried about donald trump's next tweet against them because they refuse to ask common sense questions, do we really have to build a wall to contain illegal immigration? i mean -- neil: they are past that now. >> then they're idiots. mitt romney came out years ago, ran on voter i.d. card. there are way, technological ways -- neil: no doubt.
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i think they are past it. >> they're idiots. this is idiotic. neil: i'm saying do you think that if you're going to go through with the wall as he wants to make good on the promise, that this is the way to do it? that he wants mexico to pay for it? the whole meeting was canceled with the mex president because dust-up who will pay for it. he can find a backdoor way to pay for it whether they like it or not? >> i don't know. i kind of don't he think so. neil: really? >> listen, my view is this, if the wall was necessary as opposed -- i'm for border enforcement. always have been. i don't think you can have welfare state and massive illegal immigration. you can't have it. the question if the wall is necessary, i'm not sure it is, mexico should pay for it. because they're exporting their poverty to us. the question, can you make them pay for it. but the other question is it necessary? can we do this without spending a lot of money? neil: there are a variety of ways to make them he pay for it.
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there is talk about visa fees and taxes on those that visit here. >> usually when you tax something you get less of it. it is a disincentive. neil: numbers they crunched, i immediately thought on import fees and these border taxes it. revenue they can talk about raising, leaving aside what mexico pays for not, if this is such a grandiose number, why didn't this come up before? i never heard this raised before. >> during the campaign? neil: no, i'm talking about years past. oh, this is potentially hundreds of billions of dollars. >> here where's right about this we let down our borders. we let anybody in. we did not, we did not enforce borders. neil: talkg about tariffs an all these things, reciprocal taxes on imports that we didn't consider, they argue we essentially tax our exports. i'm thinking, well how would
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that, if that was such an easy revenue stream, democrats would have lept at it. >> it is not. listen, trade deals are incredibly complicated things. that comment that blake brought up was from a republican congressman from the border. neil: right. >> not some lefty basically said nafta has helped build certain communities. neil: he is a texan. i talked to lieutenant governor of texas, also texas, big fan of donald trump also worried that could boomerang them. >> my guess is that congressman is for tougher border enforcement. he is saying benefit to nafta. i'm for unscrambling trade deals. you're for and i'm for fair trade deals. we benefit from trading with people. we sell stuff. neil: we're focusing on right to life rally watching with mike pence, vice president of the united states he is going to address this crowd. it's a big deal, some this high-ranking has never spoken to
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a right to life group 40 some odd years since roe v. wade. presidents spoke to the group via phone and audio hookup. never like this. ronalreagan did each eight years of his office. both bush presidents have as well. never someone this high of government in person. before he speaks, obviously we'll look at room where theresa may, british prime minister are meeting. let me get a sense all your wall street pals and buddies, one week in. how do they think he is doing so far. >> i think he spins his wheels on some things, everybody says he is doing a pretty good job in this sense. look at all the stuff he has done. he has done a lot of stuff in a week. executive orders, keystone pipeline. neil: every promise. you might not like the promises. you might not like him. he is making good. >> he is working hard. the guy probably never sleeps. i think we know that about him. he is one of these buys up early
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tweeting, working, stuff like that. i think it's a productive week. it is interesting. the markets didn't sell off too much on the tariffs stuff. it should have sold off more. i think they think this guy really wants to do a good job. growing degree of confidence in him. neil: thanks, buddy, thank you very much. all right, vice president mike pence addressing right to lifers in washington, d.c., one week after being sworn in as president. of course the arrival of donald trump as president of the united states. [cheering] >> thank you, karen. charlotte, and thank all of you on behalf of president trump. [cheering] my wife karen, our daughter charlotte, i like to welcome you all to washington, d.c., for the 44th annual march for life.
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[cheering] it's a good day. and it's the best day i have ever seen for the in more ways than one. [cheers and applause] i'm deeply humbled to stand before you you today, deeply humbled to be the first vice president of the united states to ever have the privilege to attend this historic day. [cheering] more than 240 years ago our founders wrote words that have echoed through the ages. they declared these truths to be self-evident, that we are all of us endowed by our creator. [cheering] with certain unalienable rights
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and then among these are, life, liberty, and the pursuit of happiness. [cheering] 44 years ago our supreme court turned away from the first of these timeless ideals but today, three generations hence, because of all of you, and the many thousands who stand with us in marchs like this all across the nation, li is winning again. in america. [cheers and applause] that is evident in the election of pro-life majorities in the congress of the united states of america. [cheering] but it is no more evident in any way than in the historic
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election of a president who stands for stronger america, a more prosperous america, and a president who i proudly say stands for the right to life, president donald trump. [cheering] president trump actually asked me to be here with you today. [cheering] he asked me to thank you for your support. for your stand for life and for your compassion for the women and children of america. [cheering] one week ago today on the steps of the capitol we saw the inauguration of the 45th president of the united states. [cheering] i can tell you first-hand, our president is a man with broad
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shoulders and a big heart. [cheering] his vision, his energy, his optimism are boundless and i know he will make america great again. [cheering] from hess first day in office he has been keeping his promises to the american people. [cheering] i would like to say over there at 1600 pennsylvania avenue we're in the promise-keeping business. [cheering] that's why on monday president trump reinstated the mexico city policy to prevent foreign aid from funding organizations that promote or perform abortions worldwide. [cheering] that's why this administration will work with the congress to
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end taxpayer funding of abortion and abortion providers. we will devote those resources to health care services for women across america. [cheering] and that's why next week president donald trump will announce a supreme court nominee who will uphold the god-given liberties enshrined in our constitution, in the tradition of the late and great justice antonin scalia. [cheering] you know life is winning in america. and today is a celebration of that progress, the progress that we've made in this cause. you know i have longed believe a society can be judged how we care for our most vulnerable. the aged, the infirmed, the disabled and the unborn.
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[cheering] we've come to a historic moment in the cause of life, and we must meet this moment with respect and compassion for every american. [cheering] life is winning in america for many reasons. life is winning through the steady advance of science that illuminates when life begins more and more every day. [cheering] life is winning through the generosity of millions of adoptive familie w openheir hearts and homes children in need. [cheering] life is winning through the compassion of caregivers and volunteers at crisis pregnancy centers and faith-based organizations who minister to
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women in the cities and towns across this country. [cheering] and life is winning, through the quiet counsels between mothers and daughters, grandmothers and granddaughters, between friends across kitchen tables and over coffee at college campuses. the truth is being told. compassion is overcoming convenience and hope is defeating despair. [cheering] in a word, life is winning in america because of all of you. [cheering] so i urge you to press on but as it is written, let your gentleness be evident to all. [cheering] let this movement be known for love, not anger. [cheering]
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let this movement be known for compassion, not confrontation. [cheering] when it comes to matters of the heart there is nothing stronger than gentleness. [cheering] i believe we will continue to win the hearts and minds of the rising generation if our hearts first break for young mothers and their unborn children and if we each of us do all we can to meet them where they are with generosity, not judgment. [cheering] to heal our land and restore a culture of lif we must continue to be a movement that embraces all, cares for all, and shows respect for the dignity
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and worth of every person. [cheering] enshrined on the walls of the jefferson memorial are the words of our third president, who admonished so long ago to remember, that god who gave us life, gave us liberty. [cheering] on behalf of the president of the united states and my little family, we thank you for your stand for life. neil: all right. we are monitoring this also. the oval office president trump meeting with british prime minister, i don't know what we get out of this. let's dip in. [inaudible conversations] [cameras clicking]
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[inaudible conversations]. >> this is the original, folks. this is the original in many ways, many ways. it is a great honor to have win ton church hill back. >> thank you, mr. president. [inaudible]. >> thank you. >> thank you, guys. thank you, press. >> thank you. >> thank you very much. neil: all right. this is the point where they shoe the press out of the room, bye-bye, don't let the door slam on the way out. theresa may, british prime minister, first foreign leader
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to meet president trump in the oval office. vice president, mike pence wrapping up an address to right to lifers gathering in washington. they do this every year around the anniversary of roe v. wade. he represented the high-ranking public official to personally address this group. others have phoned in. the vice president showing up in person telling the right to lifers the trend is our friend. back to theresa may and donald trump powwow here. the two will be having a news conference at around 1:00 p.m., so 35 minutes from now. this special relationship some have likened to the one that ronald reagan enjoyed with maggie thatcher is on. to former national security staffer gillian turner on that. how special will this relationship be? a lot of difference, a lot of time gone by, very different countries, but what do you
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think? >> it is still unique for lack of attar word, relationship. they have been standing in front of the winston church hello bust. the whole time you talk about the meeting you can't avoid the echoes of reagan-thatcher era, we're hang percent visiting foreign government in the white house, representing conservative platform, maybe not traditionally conservative, but again the republican candidate who is now the president of the united states. so that will remain. the big question looming here how is that relationship going to change now that the uk is dropping out of "brexit." neil: one of the things donald trump is in favor of rye assessing trade agreements, whether it's the trans-pacific partnership essentially saying it is a no-go, to even looking to revisiting nafta. he might be in favor of more the type of bilateral trade deals he could get going with the
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british. but, is it that easy? in other words, for obviously theresa may it would be feather in her cap if she could obviously find an alternative to european deal, especially when they want out of that european club. how is this going to all go down for each? >> well, it is not just on the trade bilateral relationship. we're going to have to strike up bilateral partnerships with the, with the brits on defense, on intel, and so, it is a whole new world in terms of working with these very traditional, long-standing close allies. everything is going to need to be renegotiated and reconfigured. i think we can kind of look at it as the trade relationship will fall into this bucket of relationships to be rejiggered now going forward. i think that's what she was going to talk to him about today. also, i think probably something you'll see in the press conference at 1:00, they're going to talk about how much nato featured in their conversation. i think that in light of them
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dropping out of the eu we're looking for every available alliance to try to bridge the relationship. so it kind of stands by logical reasoning that nato should be bolstered. so what she is going to have to do, get president trump to walk back on some of the criticism, that he has been pretty hard-hitting about last couple month. neil: that would be a big switch on thinks part. butavingaid tha we're getting word that the president did chat on the phone earlier with mexican president pena nieto. it was about an hour. so obviously more than just some pleasantries. so what do you think that was about as the mexican president cancels his visit to the united states on the heels of this president saying not only will we build the wall but you'll pay for it and mexico says no? what do you think is going on there? >> the fact that the mexicans dropped out of the meeting first and unilaterally was a deep
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embarassment to the trump administration. i know die-hard trump supporters will insist that everything he does is sort of strategically motivated, and that is the case here but i don't think there is any optic by which this was good for the trump presidency. so what i hope they were doing on this phone call was having a powwow about how they might get this relationship back on track and move forward. really what doesn't matter what happened on the campaign trail, what donald trump said as a candidate about mexico, mexican-american immigrants in this country, what matters you how he will work with the head of their government moving forward. hopefully it was a meeting of the minds and it wasn't kind of rehashing the past year. we really need to see something more strategic than that going forward. neil: i would be interested getting your take, we're one week into the trump administration. how do you think it's gone? >> i can't believe it's only been a week.
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feels a lot longer than that. it's exciting and interesting from the perspective that everything is on the table. everything, our long-standing alliances. our you know, traditional adversaries like russia, everything is up for grabs, not up for grabs. everything is now potentially going to be renegotiated under the trump presidency. so i'm glad to see you know, a shake-up in washington. i think some of that is rely good for democracy and for our national interests but there is a lot of risk associated with it too. so there is a little bit, you know the kind of the establishment holding its breath to see, we hope we shake out in a good trajectory on a lot of these relationships. obviously too early to tell but i think, again, it really, to me, it is heartening that he chose to meet with uk leadership first. i think that was a really solid
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move, so i applaud that. neil: i agree with you, hard to believe, just a week. gillian, good catching up with you. >> thanks, neil. neil: all right, you obviously have been hearing a lot about a right to life protest going on at a rally, to overturn roe v. wade, that might be easier than done. vice president of the united states spokespersonly to the group the as i mentioned earlier we have never seen a high-ranking official as this address the right to lifers this comes a week after the million woman march in the same city. just a quiz for you, what do you think will get more coverage? think will get more coverage? after this. >> consider susan b. anthony. well, i feel pretty smart. well, we're all about educating people on options strategies. well, don't worry, i won't let this accomplishment go to my head. i'm still the same old gary. wait, you forgot your french dictionary.
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>> 44 years ago our supreme court turned away from the first of these timeless ideals but today, three generations hence, because of all of you and the many thousands who stand with us in marches like this all across the nation, life is winning again in america. neil: republican presidents and vice presidents have been known to their right to life, it is unusual for them to pop up in person at a life to write event, 44 years after roe v wade but they were there and the vice
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president of the united states, highest-ranking official to ever address this group so it does raise some notes that that is a big deal and the news networks run it simultaneously and business networks when he was washing to the washington examiner. let's begin with you, what do you think of the significance of that? >> it in the clear message this administration values life as defined by the marchers that are out there today and i really appreciate the news media being able to turn to the march for life compared to the paltry couple of minutes given to this march for the past few years. neil: we would not have gotten that response if it were not for the vice president addressing them. that was unusual. >> that is a fair assessment to
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make. >> it is very likely the vice president being there is going to be a reason the media will pay a little more attention than in years past but the fact there was so much attention on the women's march over the past week and gave a lot of conservatives the opportunity to point out to reporters there seems to be an imbalance, there seems to be a lot of attention paid to one but has it ever been to watch for life? i wonder to what extent the media, still don't think it will cover this as much as those rallies from last weekend, this is a clear-cut example of look where bias exists where you'd think it doesn't exist. neil: that rally was on saturday, the day after the inauguration so weekends coverage would be in the moment day of, don't know if it carries over after today. >> it might but there is a lot going on in the news. given major issues and the fast
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pace with which this administration is pursuing the agenda i am not sure we will see a lot more but i am pleased to see more balanced coverage. i will say women's issues are not just women into abortion rights and reproduive rights, women care about more than that and i would like to see that be a part of the narrative. neil: i wonder if i get your thoughts on some other developments we are hearing out of the trump white house, the president and mexican president did speak on the phone and apparently it was an hour long phone call. i don't know what they were saying, whether they were just trying to be -- agitate contentions yesterday that cancels powwow in washington next week but it is one thing to exchange pleasantries or ask how you are doing but when you do that for an hour something else must we going on. what do you think it was? >> i expect they were talking
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about the wall. i expect they were talking about trade. there are a lot of issues where there has been a ton of rapid change that is come down the pipeline in washington in the last week and a lot of it does pertain to our neighbor to the south. you have the president of mexico with low approval ratings, a political tough spot down there needs to show he is taking a tough strong stand against donald trump. for the political dynamics between these two heads of state are fascinating but there is a lot of business whether it is trade, immigration on the trump administration's agenda that has to do with mexico. neil: the wall street journal had editorialized the president's approach pinned the mexican president into a corner and there was no way out for the guy and not exactly the way you convince the art of the deal but did donald trump overplay it was this just what he really wanted
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to do and let the mexicans know not only am i building the wall, you are going to pay for it but there is no middle ground for him? >> hard to get into the president's mind to know what he intended but he was sending a clear message and trying to deliver on a lot of the promises he made in the campaign and this is one of the biggest ones. neil: is that going to be the issue? what i was discussing with charlie gasparino, we can debate the effectiveness of the wall or not, it is a done deal, the wall is coming. the question is the way we pay for it or have the mexicans pay for it or the way we are going about it, border tax, tariff, whatever we call it is the way to go. how is that going to go down? >> i'm curious about the way the public perceives something like a order tax. if we are slapping attacks on any goods produced in mexico that come here is that actually mexico paying for the wall or is that american consumers paying
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for the wall through taxes? whether you are talking about a border adjustments, broader part of tax reform, taking the revenue out of the border adjustments tax, offset some other things and using it, does it make it revenue neutral anymore and how do consumers view this? the dollar is getting stronger but goods getting more expensive, tax on their goods how does that play out? i am interested in do americans think this border tax counts as mexico paying for the wall? neil: we are going to pay it initially and whether they represent that or cut the price of their goods to confiscate is anyone's guess. thank you very much. you might have noticed as they were talking, the peso is up nominally. don't know what the timing of that has to do with word of this phone call between the two leaders, the president of the united states and the president of mexico chatting for an hour on the phone but the peso is up from a hit yesterday even though
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it came off of its worst levels from yesterday. the sanctuary cities you hear so much about have been saying we are going to remain what we are, protect illegals in our midst. someone blinked. that someone is next. ♪ you know how painful heartburn can be. for fast-acting, long-lasting relief, try doctor recommended gaviscon. it quickly neutralizes stomach acid and helps keep acid down for hours.
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neil: if the markets are panicking about the possibility of the protectionist policy, border tax across-the-board tax or terrified imports from around the globe they have a funny way of showing it is don't know if they are dismissing the possibility or if they can deal with it the way the media made it out to be but so far sort of
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a non-response to that as markets are around market terry, not down by a lot, a 10th of 1% as we speak. a lot of that has to do with strength and companies, one that is maybe surprising on the downside. gerri willis to factor it out. gerri: who would you think are doing better off the top of your head? would have been starbucks or microsoft, starbuck is superhip, not so much this earnings season, they did okay but i being penalized, their share price is down because they are not doing as well as expected. what has gone wrong they put a lot of money into mobile ordering, they want people to order on their phones and come pick up the copy. it is not going well. people are feeling like this
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isn't the exciting play we thought. microsoft has been around forever, they are doing great because they are trying to leverage new technology, cloud computing, competing with amazon in a specialized arena and doing really well. i don't know if you have seen the software for their tablets. it is really cool. it is not the old-fashioned only engineers need apply approach to personal computing. they are doing lots of things that look newer, fresher, more cutting-edge, starbucks is having trouble. i want to mention something you might not have known. these two companies are really founded contemporaneously. microsoft was founded in 1975, starbucks in 1971, four years separates when they were founded. you think of them is different
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companies with starbucks coming later, not so. they were actually founded at the same time and it is interesting to see as time goes by who keeps their look fresher. on the topic of technology i nt to mention something very interesting. a power dinner with some interesting players. gerri kirschner, kim jong un trump, who are they having dinner with? tim cook and lisa jackson, former epa administrator, now working for apple. new vice president of environment am a member of the board of the clinton foundation and what do you think they were talking about? i wish i knew. i wish i had been a fly on that while but apple ceo tim cook meeting with the president's daughter and her husband in washington at a restaurant. neil: you are getting interesting info on the health
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care law. republicans are trying to find a way to replace it. they'll appeal on replay light -- repealing it but the replacement they are having differences. what are they waiting >> they are waiting for the president. the president said days ago that they had a plan in place. they were ready to go with their own ideas for this but they haven't given them to congress yet. congress is waiting on the president at this point presumably because they don't want to put anything the president doesn't like or get caught in the twitter account barrage. it is interesting that they are not coming forward because they are the lawmaking body, the president is not, they are waiting for him. yesterday i said donald trump was not all-powerful but maybe i am wrong, maybe they're waiting for him on everything. interesting how this is playing out.
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we are following this closely because we want to know the details and i have been bringing lots of people talking about their experiences with obamacare and it is pretty tough out there. neil: they are trying to come up with a way to get a replacement plan in there for the affordable care act. almost up to the time they repeal it, some sort of bridge gap, rand paul started this movement to say we will have people jumping ugly all over us if we don't have a replacement immediately and millions who have a plan and coverage who presumably would be covered, republican say we have an interim plan to protect them. donald trump entered this before he was inaugurated saying we have got to get something in very quickly. if they are waiting for him they are sending a signal they might have a plan that might be a
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replacement plan sooner rather than later. a lot more from washington including the president's first meeting with a foreign leader, joint press conference with the prime minister of great britain. the relationship many are likening to that of ronald reagan and margaret thatcher. donald trump and teresa may after this.
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neil: a couple things we are waiting on, joint press conference with the prime minister and president trump, although some new actions he is taking, executive orders or whatever you want to say, peter barnes on what is expected. >> president trump will wrap up these executive orders with a big one, he is going to go to the pentagon after a press conference and lunch with the british prime minister teresa may and at the pentagon he will
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be signing three executive orders or memorandums, the big one being to start the process of extreme vetting of immigrants, applicants for immigration from countries that had records of terrorist activities. on the campaign trail president trump called for a ban on muslims, muslim immigrants until washington could figure out what the problems were with extremists heading into the country and getting into the country and terrorists getting into the country, he later changed that position to the extreme vetting one not to single out muslims specifically. last night in his interview with sean hannity, sean asked president trump about this and here is what he said. >> right now the fbi has over 1000 investigations going on,
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1000 all over the place. these are people we let in. we don't need this. we don't need this. some people have come in with evil intentions. most haven't i guess but we can't take chances. >> the other executive orders the president will sign at the pentagon involve military readiness and preparation. neil: we will bring you up to speed what is going in washington at the white house. the president of the united states meeting with the prime minister of great britain, wanting to forge a new relationship, bilateral trade relationship. the president indicated he has a new vision for trade deals.
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neil: all right. so the white house where we're
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awaiting to hear from president trump, british prime minister theresa may. this is the president's first foreign visitor. the japanese prime minister came to stop by when he was in new york at trump tower to visit mr. trump when he was still president-elect. now, of course he is the president of the united states. so these things carry significance. also word that we're getting that earlier today the president spoke to the president of mexico on the phone for upwards of an hour. we don't know what was said but that is a long time to maybe kind of deintensify things. we're told it was president trump who called the mexican president. reaction from former minnesota governor, financial services industry representative tim pawlenty on the significance of that. what do you think that was about, governor? >> well, hopefully it is about two countries that have common interests that have been friends to try to resolve some of their differences. i hope it was constructive to
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agree to talk, meet, and solve these problems because just yelling at each other isn't going to get it done. neil: do you think a tariff, a border tax, anything like that could get it done to pay for it and that the mexicans would have to go along with that? they technically wouldn't be the ones paying that. american consumers would. i guess it is how it is structured but what do you think of that? >> coincidentally neil, u.s. house or u.s. senates considing a border adjustmen tax, vat tax, not just for mexico but for the rest of the world. if they actually impose that, the people who pay that initially will be retailers and people who import products into the united states and buy them. in other words, all of us, but the argument for it is, it will pay for reductions in other taxes like personal income taxes and other things that will offset or more those additional costs. we'll see, the proof is in the pudding. that is the argument.
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if you apply it to mexico i suppose donald trump or somebody could say money we're getting from mexico making them pay on their imports is going to be earmarked for the wall. neil: what i didn't realize until maybe this is my idiocy here, governor, that this has been out there, this potential pool, wheelbarrow of money has been out there if we wanted to tap it. theorgment the trump administration is raising, exports are taxed from other countries and what we send to them. so fair is fair. i don't even know if that is consistently the case. i do know and i fear these kind of, you know, taxes, tariffs, whatever you want to call them, tit-for-tat, gets building can lead to some problems. what do you think? >> well there are concerns about it. one which is if you want to do big tax cuts in the u.s. and you assume you can't grow your way out of what that does to the
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deficit you have to pay for it. they're called pay force. this vat, border adjustment tax could raise $10 million a year. this is big pot of money. there is concern of camel's nose under the tent to the vat, value-added tax. what this does in terms of other companies adjusting their border adjustment tax. 160 countries already have one. neil: why, for example, didn't democrats seize on that? that is a huge pool of money? >> i think because in order to justify it, the only way you can justify it or main way i should say, you have to dramatically reduce other taxes and democrats are not really interested in doing that. neil: i see. one way or the other i think people were debating, i had charlie gasparino here, governor, talking about we're going to see this wall go up. i think that is now a given. i don't know what kind of wall, i don't know how high, physical
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wall, all the way across the border but it is going to happen. the thing that looks more problematic how it is paid for. we had some money set aside dating back to 2006 with then president bush, but the president seems keen and convinced on this mexicans will pay for it. how likely in the end do you think that the mexicans will? >> i think what is going to happen is, they will refuse to pay for it directly but through a series of either border adjustment taxes, surcharges or other special charges to mexican imports president trump will say, we essentially are collecting the money that will pay for the wall. by the way, if the number is say 10 to $20 billion and built over five years, so in any one year it's a few billion dollars, that is a lot of money, but compared to the overall flow of money between us and mexico, that is not big of a number and i think he will say they paid for it indirectly. neil: what is your sense how quickly this happens?
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apparently those on the border say we have the equipment and supplies, we can go like now. can they really? >> well the border that the, the part of the border doesn't have a wall on it currently is still substantial. there is a lot of interesting terrain. some of the land in texas is privately owned. if you put your mind to it, put contractors on it, gave them a premium for getting it done quickly. doesn't need to take a decade. i think you could get it done realistically next few years. neil: when you talk to people you represent and financial services guys and banking interests and all, their issues, their stocks, their business has been booming, largely on optimism that president trump is going to deliver the goods. do you ever think today is kind of soft market not withstanding they're getting ahead of themselves? or that they have the right to be excited? >> well any group, whether it's the industry that i am involved with or others, who say they know for sure what is going to happen in washington, d.c. is
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probably being a little too, shall we say filled with hubris, where there are hopeful signs but you never know how things are going to turn out in washington, d.c., and politics and policy. it looks good but until it is done that is all it does, looks good. neil: tim pawlenty, thank you. we're waiting for the president of the united states and the british prime minister. first press conference between two leaders of and that is one week old. look who we have. connell mcshane. seems fitting the british leaders that we have the closest ties. these are not quite the same as reagan and thatcher. we make a big deal of it. but they're philosophically different and different with each other. so how is this relationship going to be forged. what are you hearing? >> i the incentives are aligned to make some sort of deal on trade from both sides when you think how theresa may comes into
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the ing being fairly new on the job, b, coming through the "brexit" situation and ving to leave the uk it, would look great from her point of view and this may take a while because the actual mechanics of leaving the european union take a while and for them to actually go forward with this but to have some sort of agreement, bilateral in place with the united states on trade would be something terrific for her to take home. did toe for donald trump, especially with mexico, to go to a major ally, this is how i'm going to do it, one-on-one with individual countries. it would look great for him to put in place. one of the problems is political pressure being put on prime minister may overseas has nothing to do with economics. you talked a little bit about this yesterday, she was getting a lot of pressure in her parliament to confront the president united states and do on things like torture and really go at him. neil: she kind of signaled that a little bit yesterday meeting with republicans, got to be leery of this guy putin. got to be watching our step on certain other aspects here. >> we know what political
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pressure is like. sometimes i think we look at it through our own lens all the time but we forgot sometimes to take a step back to look at it from the other side and what is this leader dealing with in her, in this case her own constituency. she will owe them something or at least in her own parliament, yeah i stood up to him. we, as great britain, we're not for torture and this and that. she has to have some of that. on economics there are incentives to make a deal. it would be great for both sides to make a deal. neil: she needs a deal more than he does. >> he knows that. neil: to divorce herself from the european union. she doesn't want out of europe. she just wants out of the european union. european union, angela merkel, can come back out this is penalty you pay. she can say look i have a great trade deal with the united states to compensate for whatever you're drying to do. each can work the other. >> she would have better chance getting deal with this president than the former president, that
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great britain would famously go to the back of the queue. president trump says you would be at the front of the line. if incentives are there on both sides. donald trump knows that. president trump knows that, she needs the deal or needs it more than he does. neil: you're looking at east room of the white house where they are going to be meeting very soon and it's interesting how different presidents, different administrations, same backdrop here. this is a challenging one for donald trump because obviously he took time today in the middle of all this to phone, he initiated phone call to president of the mexico. do you think dial things back or tension back or what? >> what is interesting, as we look at the east room of the white house. only time i can think president trump, candidate trump, having dual conferences with a world leader was when he went down to mexico. neil: that was last experience. that went a lot better than the follow-up to the mexican president. easy up.
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>> they floated this idea yesterday which i have to think was on purpose. first with sean spicer and then rolling it back of this border tax that you were talking about at 20%. i mean i think that a lot of people on wall street, certainly some republicans as well looked at that, wait a second. import tax like that eventually gets passed on to american consumers, especially people in the middle or lower income that essentially elected donald trump in some of these key states. does he want to go forward with something like that? think about president trump what he is, which is a negotiator, this is the type of thing you would do, right? maybe throw something out as the opening of a negotiation and you would love to be a fly on the wall to see what was discussed on a one-hour phone call between the two today which is the start of a negotiation. easier to do it on the phone. neil: long phone call, one hour. >> for anybody. neil: even with the translation, eventually. lizzie macdonald is joining us right now. lizzie, we talk about the tariff tax, border or otherwise. the argument that is a way to
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pay for it. you can raise a ridiculous amount of money. i didn't realize the amount of money we're talking about which would easily pay for this but easier said than done, right? >> that's right. we have companies like walmart, target, kohl's, best buy, williams-sonoma saying hey, wait a second we get a lot of our supplies and products from overseas, supplies for the goods that we sell. inputs come from overseas and we would be hit hard. rbc capital markets said that would -- i think you have the them coming out. i'm sending it back to you, neil. neil: thank you. right now, it begins. >> thank you very much. i am honored to have prime minister theresa may here for our first official visit from a foreign leader. this is our first visit.
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so, great honor. the special relationship between our two countries has been one of the great forces in history for justice and for peace and, by the way, my mother was born in scotland. steryay, which is serious scotland. today the united states deep bond with britain, financial cultural and political. we have one of the great bonds. we pledge our lasting support to this most special relationship. together america and the united kingdom are a beacon for prosperity and the rule of law. that is why the united states respects the sovereignty of the british people and their right of self-determination. a free and independent britain is a blessing to the world and
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our relationship has never been stronger. both america and britain understand that governments must be responsive to everyday working people. that governments must represent their own citizens. madam prime minister, we look forward to working closely with you as we strengthen our mutual ties and commerce in business, and foreign affairs. great days lie ahead for our two peoples, and our two countries. on behalf of our nation, i thank you for joining us here today as a really great honor. thank you very much. >> well, thank you very much, mr. president, and can i start by saying that i'm so pleased that i have been able to be here today. thank you for inviting me so soon after your inauguration. and, i'm delighted to be able to
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congratulate you on what was a stunning election victory. as you say the invitation is indication of the strength and importance of the special relationship that exists between our two countries, a relationship based on the bonds of history, family, kinship and common interests. and in a further sign of the importance of that relationship, i have to today been able to convey her majesty the queen's hope that the president and mrs. trump, the first lady would pay a visit to the united kingdom later this year and i'm delighted the president accepted that invitation. today we discuss ad number of topics and a number by we agree. the president mentioned on foreign policy we discussed how we can work more closely together to defeat daesh and idea of islamic extremism wherever it is found. our two nations aralready leading efforts to face up to this challenge and we're making progress with daesh losing territory and fighters but we need to redouble our efforts. today we're discussing how we can do this by deepening
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intelligence and security cooperation and critically by stepping up our efforts to counter daesh inside their space. we know we will not irrad kate this threat until we stop the ideology behind it. we'll talk about other topics, syria and russia. on defense and security cooperation we're united in our recognition of nato as the bulwark of our collective defense and today we reaffirmed our unshakable commitment to this al alliance, the president confirmed you're an 100% behind nato but we're discussing the importance of nato continuing to you insure it is equipped to fight terrorism and cyber warfare as it is to fight more conventional forms of war and i have agreed to continue my efforts to encourage my fellow european leaders to deliver on their commitments to spend 2% of their gdp on defense, so the burden is more fairly shared. it is only by investing properly
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in our defense can he can insure we're properly equipped to face our shared challenges together. finally the president and i have mentioned future economic cooperation and trade. trade between our two countries is already worth over 150 billion pounds a year. the u.s. is the single biggest source of inward investment from the uk and we have $1 trillion invested in each other's economies and uk-u.s. defense relationship is the broadest, deepest most advanced of two countries sharing military hardware and expertise. the president and i are ambitious to build on this relationship in order to grow our respective economies, provide high-skilled, high-paid jobs in the future for working people across america and across the uk. and we're discusng how we can establish trade negotiation agreement, take forward immediately high level talks, lay the groundwork for u.s.-uk trade agreement and identify the practical steps we can take now inrd to able company in both
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countries to do business with each other more easily. i'm convince ad trade deal between the u.s. and the uk is in the national interests of both countries and will cement the crucial relationship that exists between us particularly as the uk leaves the european union and reaches out to the world. today's talks i think are a significant moment for president trump and i to build our relationship. i look forward to continuing to work with you as we deliver on the promises of freedom and prosperity for all the people of our respective countries. thank you. >> thank you very much. that's very nicely-stated. steve holland. where is steve? steve, yes. >> thank you, you will be speaking tomorrow with the russian president. what message would you like to convey to him? how close are you to lifting some. sanctions imposed on russia over its ukraine incursion? what would you expect in return and prime may, do you for see ay
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changes in british attitudes towards sanctions against russia. >> i hear a call was set up, steve. we'll see what happens. as far as sanctions too early to talk about that. we look to have a great relationship with all countries ideally. that won't necessarily happen. unfortunately will not happen with many countries but if we can have as we do with prime minister may and the relationship we've all developed and even in the short relationship that we've just developed by being with each other and we had lunch and really had very interesting talks and really productive talks. if we have a great relationship with russia and with china and with all countries, i'm all for that. that would be a tremendous asset. no guaranties but if we can, that would be a positive, not a negative. okay. >> we have, as far as the uk is concerned on sanctions, russia in relation to their activities in the ukraine, we have been very clear that we want to see
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the minsk agreement fully implemented. we think the sanctions should continue until we see the agreement fully implemented. we continue to argue that inside the european union. laura? >> thank you very much, prime minister. bbc news. prime minister, you talked about where you agree but you also have said you would be frank where you disagree with the president. can you tell us where in our talks you diddies agree -- and do you think the president listened to what you had to say? >> [inaudible]. >> we'll see what she says. mr. president you said before torture works. you praised russia. you said you want to ban some muslims coming to america. you suggested there should be punishments for abortion. for many people in britain, those sound like alarming beliefs. what do you say to our viewers
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at home who are worried about some your views and worried about you becoming the leader of the free world? >> this was your choice of a question? [laughter] there goes that relationship. [laughter] >> on the, on the issues you raised with me, laura, can i confirm that the president, i've been listening to the president and the president has been listening to me. that is the point of having a conversation and a dialogue. and we have been discussing a number of topics. we'll carry on after this press conference meeting and discussing a number of other topics. there will be times when we disagree on issues we disagree. the point of the special relationship is that we are able to have that open and frank discussion. so we are able to make that clear when it happens. but i'm clear also that there are many issues on which the united kingdom and united states stand alongside for one another. many issues on which we agree. i think as i said yesterday in my speech that we at a moment
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now when we build an even stronger special relationship which will be in the interests not just of the uk and the united states but actually in the interests of the wider world as well. >> very good. we have a great general who has just been appointed secretary of defense, general james mattis and he has stated publicly that he does not necessarily believe in torture or waterboarding or however you want to define it, enhanced interrogation would be a word, words a lot of people would like to use. i don't necessarily agree but i would tell you that he will override because i'm giving him that power. he is an expert. he is highly respected. he is the general's general. got through the senate very, very quickly, which in this country is not easy, i will tell you. and so i'm going to rely on him.
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i happen to feel it does work. i've been open about that for a long period of time. but i am going with our leaders. and we're going to, we're going to win with or without but i do disagree. as far as again putin and russia, i don't say good, bad or indifferent. i don't know the gentleman. i hope we have a fantastic relationship. that's possible and it's also possible that we won't. we will see what happens. i will be representing the american people very, very strongly, very forcefully and if we have a great relationship with russia and other countries, and if we go after isis together, which has to be stopped. that is an evil that has to be stopped, i will consider that a good thing, not ad ba thing. how the relationship works out i won't be able to tell you that later. i had many times where i thought i would get along with people and i don't like them at all.
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[laughter]. and i've had somewhere i didn't think i was going to have much of a relationship, and it turned out to be a great relationship. theresa, we never know about those things, do we? i'll tell you one thing, i will be representing the american people very strongly. thank you. how about john roberts, fox. >> mr. president, thank you so much. madam prime minister. it's my understanding, mr. president, that you had an hour-long phone call this morning with president enrique pena flee -- nieto of mexico. can we get up on relationship. what do you say to the critics that you already soured a relationship with very important u.s. ally? madam prime minister, if i may ask you as well, are you concerned about the state of relations between the united states and mention co? mexico. >> i think the prime minister first of all has other things
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she is much more worried about mexico and the united states relationship but i will say that we had a very good call. i have been very strong on mexico. i have great respect for mexico. i love the mexican people. i work with the mexican people all the time, great relationships but as you know, mexico, with the united states has outnegotiated us and beat us to a pulp through our past leaders. they have made us look foolish. we have a trade deficit of $60 billion with mexico. on top of that, the border is soft and weak. drugs are pouring in. and i'm not going to let that happen and general kelly is going to do a fantastic job at homeland security. as you know, we swore him in yesterday. we have a really, i think a very good relationship, the president and i, and we had a talk that lasted for about an hour this morning. and we are going to be working
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on a fair relationship and a new relationship but the united states can not continue to lose vast amounts of business, vast amounts of companies, and millions and millions of people losing their jobs. that won't happen with me. we're no longer going to be the country that doesn't know what its doing. and so we are going to renegotiate our trade deals and we're going to renegotiate other aspects of our relationship with mexico, and in the end i think it will be good for both countries t was a very, very friendly call. i think you will hear that from the president and hear that from the people of mexico that represent him and represent him very well. and i look forward to over the coming month we'll being negotiating and we'll see what happens. but i'm representing the people of united states, and i'm going to represent theas somebody should represent them, not how
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they have been represented in the past where we lose to every single country. >> as the president him seven has said, the relationship with the united states and with mexico is mat for the united states and mexico. tom? >> mr. president, said you help us with the "brexit" trade deal. you said, you said you would help us with "brexit" trade deal. you said you would stand by us with nato but how can the british prime minister believe you? you have been known in the past to change your position on things? question to both of you. people are fascinated to know how you get on with each other. you're so different. hard-working daughter of a available car. the brash tv extrovert. have you found anything in common personally yet? >> actually i'm not as brash as you might think. [laughter] and i can tell you that i think we're going to get along very well. you know, interesting because i am a people person. i think you are also, theresa.
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and i can tell how i get along with somebody very early. i believe we'll have a fantastic relationship. "brexit," i really don't change my position very much. if you go back and look my position on trade has been solid for many, many years, since i was a very young person, talking how we were getting ripped off by the rest of the world. i had never knew i would be in this position where we could actually do something about it but we will be talking to your folks about "brexit." "brexit" was an example of what was to come. i happened to be in scotland at turn bury cutting a ribbon when "brexit" happened. we had a vast amount of press there and i said, "brexit," this was the day before, you probably remember, i said "brexit" is going to happen. i was scorned in the press for making that prediction. i was scorned. i said i believe it is going to happen because people want to know who is coming into their country and want to control their own trade and various
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other things and, lo and behold the following day it happene and the odds weren't looking good for me when i made that statement, as you know everybody thought it was not going to happen. i think "brexit" will be a wonderful thing for your country. i think when it irons out you will have your own identity and you're going to have the people that you want in your country and you're going to be able to make free trade deals without having somebody watching you and what you're doing. i had a very bad experience, i have, i had something when i was in my other world, i had something in another country and getting the approvals from europe was very, very tough. getting the approvals from the country was fast, easy and efficient. getting approvals from the group, i call them the consortium was very, very tough. but i thought "brexit," i think, and i think it will go down end up being a fantastic thing for the united kingdom.
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i think in the end it will be a tremendous asset, not a tremendous liability. okay? >> just on the question you asked me, tom, i mean i think as the president himself has said, i think we have already struck up a good relationship. but you asked what we had in common? i think if you look at the approach that we're both taking, one of the things we have in common we want to put the interests of ordinary working people right up there center stage. those people who you know, working all the hours. they're doing their best for their families. sometimes they feel the odds are stacked against them. it is that interest in ensuring that what we do, that the economies, our economies and our government actually work for ordinary working people, work for everyone in our country, i think we both share that. >> thank you very much. >> thank you. >> thank you very much, everybody. [shouting] neil: wow, i don't know what
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your views are in these type of forums with foreign leaders speaking but fast. rifling through at least half a dozen questions i think in the prior ones i think we would still be on the first answer. not disparage anyone, this is not your traditional presidential joint press conference, and that just proved it. little more than 20 minutes, covering a lot of ground, including relations between two countries are probably the closest on the planet and donald trump indicating that they're off to a good start. connell, we he were watching this, and there was a great deal of entertainment value. >> i don't think that surprises you, right? i was ready for another half hour easy. neil: really. >> there is news, president accept ad invitation for state visit to the uk later this year. neil: picture that. just that. >> it will be terrific. neil: look at you. >> speaking of entertainment value. neil: right. >> when theresa may speaking
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initially first or second question she made a point saying a trade deal, if they were able to work one out would obviously be in the interests of both countries what we talked about going in. they covered most of it. mr. trump had a little bit of fun with reporters who were present, seemed to enjoy that frankly going back and forth. neil: one brit zinged her and him. he referenced you picked this guy. >> this is your guy? this is the idea of a question? neil: we'll see a lot of that i think we're so used to these things being very stiff up there, give-and-take but you know, that is more in keeping of the sort of, i'm really going back in history, but john f. kennedy approach to this. rat at that time at that -- tatt moving and engaging. they don't have to be so laborious, right? >> this age we're in, not only television you but also social
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media it probably makes more sense to do it that way, if you want to get your message out, speak in sound bides. i think he spoke in sound bides thatet picked up and repeated over and over later on, from a strattic point of view is not a terrible idea. seemed to be handled pretty well on both sides. the idea there is a relationship is here is important to both of them -- neil: that is crucial. he did kind of contradict himself a little bit saying in the beginning. some people i initially like i regret it bottom line, some people i don't like -- i already met with the prime minister and i like her a lot. i think how long is that go. he handled zinger questions effectively. by the way so does she. they're both quick on their feet. >> in other settings, one of the things people said about donald trump even before he was president he knows how to read a room, in some settings where it is one-on-one interview, for example, or a press conference
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with just american reporters as we've all experienced here during the campaign, even during the transition he is not afraid to go after people, get in people's face and be to use the term came up in this news conference, brash. not that -- neil: by the way this notion it is just american journalists can be part of fake news outfit, apparently he extended that to some foreign press. >> humor to disarm them a little bit. neil: most effective way to do that. >> he is good when he wants to be and he was there in that situation. that is a serious question. that is what the british press would be focused on torture. because that is the word that has been used and term come up to leading up -- parliament, theresa may had to defend it. sure enough this is the first question. this is the kind of question you are going to ask? he answered it. neil: he said i will defer to -- >> mattis. neil: my defense second secretary -- flowed flexibility. people try to trap him or
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enshare him that didn't happen. this over you're sounds like donald trump made to the mexican president after the brouhaha yesterday, whether he did that of his own volition, look i might have locked this guy into a corner. i don't want to get him locked into an hour, don't want to go into details but he cast complimentary of the mexican president, contrary ray to the signal he sent republicans at the retreat. what happened? >> i look what he does covering him leading up to this, leading into this first week as negotiation. the first step in the negotiation was apparently to float the idea of a 20% tax, knowing very well in floating it there would be blowback to that. if he, the president, works up to a point he makes argument, remember we were talking about taxing imports at 20%. now it is not that. whatever the agrment ends being in theong run he paint that as a win.
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the thought you don't want to be too adversarial here, if you say to mexico, you guys have to pay for the wall, at the end of the day everybody knows it is american consumers in effect paying for that, that tax gets passed down to them that is not necessarily a win. neil: how you sell it. >> exactly. at some point that changes slightly, a little bit different but still get the end result which is wall being built. which he said seems to be foregone conclusion. neil: look like that. >> eventually being paid for it by somebody. neil: by somebody. thanks very much, connell mcshane. just to let you know, we have no hard numbers to go by you're going off my memory which is always dicey, this entire joint press conference lasted a little under 20 minutes and the average of barack obama's was just a little under 60 minutes. now, i'm not saying that means anything. this is recent phenomenon where two leaders are talking and addressing the press. the closest analogy i can make
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timewise to that for answering reporters questions is john kennedy in terms of brevity and rat-tat-tat nature. more formal were richard nixon on down. having said that, rapid-fire questions not going on and on a and if you didn't feel like going on and on entertaining it, that is uniquely presidential choice, and likes of which we have not seen since john kennedy. blake burman at the white house with reaction on that, timing and otherwise, blake? reporter: neil i was bringing up that exact point. this thing felt like it flew by. 20 minutes. brief statements and two questions total. a whole lot of news came out of here in 20 minutes or so. started with prime minister may in her opening statement talking about relations between the uk and the night, how they will get better, basically what you would expect her to come out and say.
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but she also talked about how the president gave her a commitment tard nato. >> on defense and security cooperation we're united in our recognition of nato as the bulwark of our collective defense. today we reaffirmed our unshakable commitment to this alliance, mr. president, you said you confirmed you're 100% behind nato. reporter: as for president trump we're expecting a phone call with him and his counterpart in russia, vladmir putin over the weekend. and the president was asked about that, or at least relations and sanctions with russia, first question from the united states media. and the president reiterate ad line which he said before. hopes it works out. if it doesn't he expects it to go in another direction. that too he says works well for china. >> if we can have a great relationship with russia and with china and with all countries i'm all for that. that would be a tremendous asset. no guaranties but, if we can,
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that would be a positive, not a negative. reporter: two other items of note, neil. the president had a phone call today, an hour long he said, with his counterpart in mexico, enrique pena nieto. he described the phone cull as a very good call. he thinks they will have quote, a fair relationship. one thing you and connell were talking about related to torture or enhanced interrogation he likes to describe it, he said he would defer to general james mattis, the head of the department of defense. mattis is on the other side of the argument saying he does not believe it would work. he says on this issue he would defer to his top general. neil. neil: i thought of that too, blake, knowing his position on this john mccain, senator john mccain, president, i'm paraphrasing can issue all the executive orders he wants. this is the law, and it would not stand up. so seems to be a case of the president, you know, indicating he is flexible on this.
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and, that in the end, he will defer to his generals, in this case his defense secretary. reporter: yeah, that's exactly right. my camera moving. we're getting the boot out of here, neil. neil: they're not in trouble about that. >> i'm gone. see you, buddy. neil: first i thought maybe earthquake is going on. very interesting developments on the first joint press conference with a foreign leader on the part of a president trump. fast, to the point. rocketed by a lot of humor, whether you liked the president or you dislike the president, let's just say it is not business as usual. as if you didn't know. more after this. hi my name is tom. i'm raph. my name is anne.
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>> i will say, we had a very good call. i have been very strong on mexico. i have great respect for mexico. i love the mexican people. i work with the mexican people all the time.
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great relationships. but, as you know, mexico, with the united states, has outnegotiated us and beat us to a pulp through our past leaders. they have made us look foolish. neil: all right. that is a very interesting development here, whether that was the case of president trump trying to dial back some of this hostility following yesterday's announced canceled meeting between mexican president enrique pena nieto. that was scheduled for the 31st. that meeting is canceled. that has to do with the wall thing and mexicans paying for it. they say you're crazy. we're not paying for that. donald trump said if you're not entertaining that, don't even come. you know what happened. sounds like he made the call to dial the tension back. the two sides agreed not to sort of talk about this in public on the wall payment or anything else. i, sort of a lesson or progress in diplomacy how you handle
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things, whatever. part of an interesting week after new president fast and furious with directors and executive orders and even fast and loose diplomacy here, very entertaining joint press conference a few moments ago wrapping up with the prime minister of britain, very engaging, very riveting. whether you like this leader or that leader, the matter of the fact it is very different. does charlie gasparino know it. he by the way, textbook definition of different. charlie, what do you make first of all this mexico phone call? secondly, the fact that we put out a statement we deal with each other in private on these matters, not in public? >> that is a good thing. some of this, donald is businessman. he is not a politician. some is on-the-job training. i will say this, he hand i would
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that press conference brilliantly. reminded me of at really top-notch company how you would handle internal meeting. fast, you get through it. answer all the questions and you move on. it wasn't this laborious thing t took barack obama like an hour to answer a simple question about the weather. i mean that is not happening thank god. what is funny about donald, for all his brashness he can be incredibly charming, and he can deal with the press. he knows how to deal with the press. he has been doing it for years. that was an excellent press conference. the mexico thing wasn't excellent, we were making huge thing out of a wall, in reality something really simple helped propel donald trump to the election. i'm sure the wall played a role but defining characteristic between him and hillary clinton was the economy. how she wanted more of the same obama-nomics. rammed up obamanomics with taxes and screwingsmall businesses.
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he didn't. he wanted the opposite. one of the problem with all the wall nonsense it is taking him off the central premise, reason why markets are up. markets are up, not just fat cats making money. what it is investors believing the economy will improve more thant is now. we're not talking about taxe we're not talking about cutting regulations. we're talking about building a friggin' border wall. if you're worried about illegal immigration there are other ways to get rid of it that are probably cheaper. neil: it is probably a moot point on that. >> that's true. neil: let me ask you something else developed here. we're getting word now there is some confusion among republicans is saying behind closed doors are not on the same page about repealing obamacare. as you know, the president wants the repeal and replace option. as you get rid of it you have a replacement in. republicans are saying that is not doable. but that is the consternation and they seem to be, according
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to "the washington post," looking to him, that is the president to come up with a plan they can rally around and maybe deal with that in repeal and replace motion. but it is not devastating but it is a sign they're really not quite in sync on this one. >> i don't think they're in sync on a lot of issues. we've been doing a lot of reporting on this one of the things about obamacare that scares people, what do you replace it with? republicans i'm mainly thinking about here. they don't want to hold the bag on something that could be worse or you know, at least temporary worse where people are not getting coverage because there is some sort of a goop between the repeal and the replace. so, that is where the consternation came in. we should point out, that obamacare putting that at the front of the agenda was something i understood, from my sources inside of the trump world was pushed by mike pence. he you thought that was key to the getting through the rest of the agenda. they had to make a mark early
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on, obamacare. there is disagreement on that. i happen to think, a lot of free market people think, get taxes in. get regulations done. get the economy going and of course repeal and replace obamacare. by the way, while you're doing, that hopefully the economy starts growing and repeal and replace it in better economy. that was mike pence's deal. why he did that, i don't know why he did that. ultimately the president's call. he agreed with him. there will be a lot of issues that will freak out republicans. even the border tax as you keep seeing, the tariffs. it is more than just mexico. what we reported last week. they want sort of broad range tariffs. they're talking about that. whether that's good or not, you know, most economists think it's not. i'm telling you. i get my twitter feed with people not taken a single economic course think it is good. most economists think tariffs
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are passed on to the consumer and it is never a good thing. neil: all right. do you subscribe to trump's view, the president's view, sometimes you can get along with a person seem like you're going to and end up not and conversely someone you don't like end up doing -- >> i thought i hated you when i first got here. neil: me too. i hated myself. >> we still hate each other. what can i tell you. neil: that is very honest answer on his part. that is funny but honest answer, kind of personalizing whether you like the guy or his policies or not, but sheer entertainment value it is different, all right? it is very, very different. we're one week into this presidency. more after this.
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>> our economies and our governments actually work for ordinary working people, work for everyone in our country. i think we both share that. >> thank you very much. thank you very much, everybody. [shouting] neil: that was my favorite part of the press conference. he was wrapping it up. he was done. i don't know who gives him the cue or tells him that, as soon, putting paper in, he is still talking. i'm out of here. [laughter]. i just, i love that. i think that is so, i'm still talking here. but whatever. that lasted about 20 minutes, i don't know. but that might hold a world record as far as joint leader
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press conference. i don't know, we're looking into that. follow-up what led to this call that president trump had with the president of the mexico to trto make ce. to try to settle differences over the wall, who will pay for it. what they have agreed to, they will deal a lot not in public, maybe privately. maybe that phone call was a start here. adam shapiro, the new york stock exchange whether nafta, that agreement or whether the mexicans are taking advantage of us as the president has claimed? reporter: neil, what of president trump is claiming verified in a study that the folks at wharton, university of pennsylvania, men and women who are experts in this kind of stuff wrote in september of last year. let me read you kind of the headline that makes most sense. most studies conclude nafta has had only modest positive impact on u.s. gdp, roughly adding $127 billion to our gdp in any given year.
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what these studies nafta did not work out in any of the ways the politicians in 1993 promised. they told the american public raising living standards of our neighbors to the south would slow down immigration into the united states. what did not happen. it made us more integrated with the mexicans. but the bottom line according to this study, find it online, called, nafta's impact on u.s. economy, what are the facts? the facts zoom to verify a lot of what president trump is saying. not the best thing for us. back to you. neil: do you think, adam, i'm sure you haven't had a chance to talk to a lot of folks given where you are, that this move to make a phone call to the mexican president was donald trump's way of sort of like, even for me, i have to dial this back a little bit because i have locked this guy into a corner? reporter: i would not tell you what i think. i will tell you what charlie gasparino said. neil: that is dangerous right there. >> well, yes, but charlie pointed out president trump is only one week into the job and
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learning as he is going. he is a skilled business negotiator. politicians talk a language none much us really understand. he is having to learn that language. bottom line actions ll count far more than the words. if the president can get the mexicans to the table, to negotiate improvements to nafta, which a lot of people say need to happen. this is a 25-year-old treaty, so be it, he wins. neil: he does indeed. thank you, buddy. adam shapiro. you have learned something here watching the president today, when he is doing one of these things, over. more after this.
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>> general james mattis and he has stated publicly that he does not necessarily believe in torture. i don't necessarily agree, but i will take you that he will override because i'm giving him that power.
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i happen to feel that it does work. i have been open for a long period of time. i am going with our lauders. neil: all right. another reminder in a very revealing press conference that it's not always donald trump's way or the highway, so does say donald trump. big stuff. trish: lots of big stuff. thanks so much, niel. president trump and theresa may just wrapping up joint news conference at the white house where the president reassured one of our greatest allies, long-time allies that america will not be turning its back on our friend, the uk and the two countries must work together to restore broken relations and restore law and order. i'm trish regan. president trump and theresa may vow to go work together whether it's on trade, very important, or defeating isis, equally important. watch. >> today the united states

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