terrified of doing that and i think it would be a complete disaster if the president did it himself. lou: byron york, thanks for being with us. being with us. >> the biggest problem is china. we lost $500 billion. how previous presidents allow that to happen is disgraceful. but we're going to take care of it. lauren: breaking news this morning. president trump not backing down on his terror plan but there's growing opposition within his own party and that is fueling optimism among investors that the tariff might not go through. >> the dow surging 366 points yesterday. lauren: stock market futures higher overnight. dow up 72 and nasdaq futures gaining 28.

the >> in europe, stocks opening the day higher in the back of wall street's gains. lauren: stocks in asia, the hang seng in hong kong up 2%. the nikkei in japan up over 2% in the shanghai composite in china up 1%. >> politics and the academy awards appear may not winning with record low ratings down 19%. lauren: how flip is a robot may spell the end of the short order cook. "fbn:am" starts right now. >> 5:01 a.m. in new york on tuesday march 6th. i'm gerri willis and for cheryl casone. lauren: good to see you. i'm lauren simonetti. good to see you. are you ready for this now? more coming.

we are seen worldwide momentum rebound as trade war fears recede. republican lawmakers, some of them expressing concerns over the president to impose new terrorist on steel and aluminum. gerri: blake burman at the white house with more. >> the president top trade advisors is no country will be exempt from the steel and aluminum tariffs had to go and play in a later this week or at some point next week. however, the president said trade wars are good on monday downplayed the possibility of a trade were occurring. the >> i don't think so. i don't think i have a trade war. >> they can impose tariffs as retaliation harley davidson and bourbon to look right into the constituencies of paul ryan and mitch mcconnell. in an apparent response to my president trump attacks on vehicles coming out of the e.u. monday morning he treated that

tariffs on steel and aluminum would apply to mexico and canada and less nafta renegotiated in result in something that is fair. the president touching upon both issues. >> if they want to do something we will tax their cars that they stand in your lake water. trini ryan continues to remain one of the biggest take scene in a statement, quote, we're extremely nervous and are working the white house to not advance of this plan. the tax reform law has boosted the economy and reseller country and certainly don't want to jeopardize those claims. the president is not backing down. back to you in new york. train to the canadian government saying prime minister justin trudeau called president trump last night to express about the tariffs and largest supplier of steel to the u.s. meanwhile, reports the european

union has a retaliatory tariffs of 25% against american goods being in the present plan. lauren: everything from blue jeans, t-shirts here. the president set to meet with sweden's prime minister this afternoon. the two expected to discuss economic growth as well as job creation. the president's plan for new tariffs likely to come out. u.s. trade deficit was sweetened with $7 billion last year and fox business will carry the joint press conference at 3:30 p.m. eastern time later today. gerri: sunday's oscar ratings for the lowest they've ever been, lower. it begs the question, is hollywood out of touch? lauren: i watched a i watched it, too. tracee carrasco joins us with the other headlines making news. >> i did not watch it come to sunday nights when or not the academy awards.

jimmy kimmel as he said was the latest oscar ever pulling in a record 26.5 million viewers down from eight teen% from last year's broadcast, which drew 32.9 million viewers according to nielsen. previous low was 32 million in 2008. meanwhile, oscar winner francis mc dermot and her statute have been reunited after was briefly stolen from her while at the governors ball. terry brand was arrested on suspicion of stealing it after posting this video to facebook. >> we've got tonight, baby. >> that is what happens when you post things on the internet for everyone to see. lauren: was he trying to do a viral story or something?

>> euros or in the bathroom? lauren: talk to me about amazon. shopping online but she don't have a bank account. amazon in talks with events including jpmorgan chase about building a product to offer customers. oscar is not looking to become a bank that wanted to appeal to young customers by offering a product that is similar to a bank account could help reduce financial firms and provide valuable data on customers income and spending habits. gerri: i had to work on that story yesterday and it is fascinating. no one else or two to three times more likely to change institutions when they are sick of high fees and the checking account to set a record for the 10th year in a row. i think this is a line of business ready for disruption.

let's talk about this. >> calorie burger chain says they can't keep burger flipper deployed. a $100,000 robot programmed to flip hamburgers all day long and is capable of slipping as many as 2000 workers. he officially started working this week in pasadena, california, places the patties on the grill, monitors temperature, flips them and takes them off to cool. they may soon be making burgers in seattle, washington d.c. and annapolis with the goal of being in all 50 burger chains. the chain says this isn't to replace humans. lauren: yeah right. >> a third hand to help out. >> what would humans do? put them on the buns. >> yes. and they also put the burgers

on. >> in flippy queen? lauren: thank you very much. dramatically video with a massive blaze. take a look at that in brooklyn, new york. still cleaning up from last week stories, another one coming our way. fox senior meteorologist janice dean is tracking the new storm set to storm the northeast tomorrow. let's check in on u.s. stock index futures after a 330-point gain yesterday for the dow appeared futures up this morning last seven days. we'll be right back.

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earth hour is more than just switching off the lights, it's a commitment to unite and protect earth, our only home. ♪ lauren: welcome back the new allegations against the ph and peter strock. he failed to follow up on the lead about a possible breach in hillary clinton's server. stzrok was told about the issue in 2015 but did nothing about it. all of this after report from the justice department inspector general failed to seal up the doj and fbi handling of the clinton e-mail case. president trump sitting down with benjamin netanyahu for the fifth time yesterday since he became president in raising the possibility he might even visit

jerusalem for the opening of the american embassy there. >> thank you very much. i may. we will be talking about that and other things. >> the opening of the u.s. embassy is planned for may. space access made history while you were sleeping. >> three, two, one. that gives me the chills. the largest satellite ever, and this one marking the 50th lock for the falcon nine rocket. train to a terrifying moment for firefighters battling a blaze in brooklyn as debris from a burning building falls right on top of them.

frightening. for the firefighters were injured, taken to hospitals, treated release. minor injuries. it is unclear what sparked the fire, but that video sure is dramatic. lauren: fiery hot to cold, and the northeast is bracing for yet another nor'easter. gerri: fox senior meteorologist janice dean is tracking the latest. >> they might even have a storm on the weekend. the bottom line is stay tuned. the northern plains have a blizzard here but the energy to feel the nor'easter starting tonight, overnight into all day wednesday. if the low tracks a little more coast-to-coast than it's going to be a rain snow mix that might come down from the stone tools. it attracts more to the east

it's an all snow event. right on the border of new york city between the rain snow line. six to eight inches is possible in the new york city area north and west we see the chat but it's no good winter weather advisories, winter storm warning in effect for the areas you see them being. it's going to last much of the day on wednesday and went to rain snow line sets up will be the difference between an all snow event or a mixture for all main event or this one will be tricky. i can tell you the worst of the travel is going to be throughout the day starting tomorrow morning into the afternoon hours so you need to be on alert and there's going to be school closures. if your apparent commanders whenever snowfall forecast maps on the line in new york city. north and west is where we see some of those chat.snow totals. this won't be as strong as an event you saw over the weekend, but a lot of people still

without power. the salt from the wounded areas dealing with a difficult situation from last weekend storm. when just 30, 40 miles per hour. i don't think it's a blizzard that it will triple travel among the i-95 corridor. i will be here making sure everyone knows that the latest forecast details are. back to you. lauren: thank you so much. the one-two punch. talk to you in a bit. a rift in the republican party over there publicans trade and tariff. >> why in the world are we going through this like that. nobody ever wins trade wars. trade wars are only lost by all involved. lauren: will the president change his mind? martin shelley to give up over

$7 million. but remember that $2 million wu-tang clan album? what about that? we will be right back on "fbn:am."

>> the dow up more than 300 points today, closing in on the green and worried about a potential local trade wars. president trump is not backing down on his plan to impose new tariffs on steel and aluminum. u.s. futures as you can see up 54 points right now, but cannot hold me with reports out of the e.u. showing retaliatory actions may be made by the e.u.

cwc partner, mitch rochelle and chief investment officer. i'll start with you, mitch. a story on this today appeared retaliatory tariffs of 25% against 3.5 billion in u.s. goods talking about putting the flash on stories we've been hearing all week. cosmetics, is this a trade war? is it happening right now? >> looks like a trade work, smells like a trade war. i think it is a trade war. it makes all the sense because if you're a nation whose importing goods and you see another nation that is going to tariff imports into the nation coming will retaliate. it makes sense if you're a sovereign nation to do it. gerri: the dow up 58. indicated opening for this morning. could the market gains we saw

yesterday, could they fizzle as we get more news on the e.u. retaliatory action if trump doesn't back up his promise of instituting these terrorists? >> i don't think the e.u. retaliatory action has been imposed on the market. motorcycles, bourbon, harder at the congressional leadership to try to get them to work with president trump, to back off. the e.u.'s biggest worry is the steel otherwise targeted for the u.s. winds up in europe and hurts them more. gerri: mitch, canadian pm trudeau: the president last night and same look, we don't want you to impose these tariffs in canada is the biggest supplier commended his sources steel to the u.s. with the cost of offending our closest ally? >> canada and mexico the next -- much bigger trade deficit. also bargaining trip for the

next round of nafta negotiations. very hard to ever figure out within the calculus in terms of why they do what they do and say what they say. let's not lose sight of the fact we are in the nafta renegotiation which was a campaign promise the administration made and that is at play as well even though the announcement is about china in steel or aluminum. gerri: yesterday paul ryan saying he was extremely worried about the imposition of tariffs. they trade war seems to be bringing volatility back yet again. what small investors can impact for the coming weeks as the story plays out. >> volatilities back not because of trade negotiations are tariffs. volatility is back because the market is reassessing the inflation picture. we are working into the report coming friday and if you

remember the last employment report put the inflation shock into the market. if it looks inflationary again, this friday we'll see some more volatility that could recess to february lows. gerri: and of course mitch, to wrap this up, and the gop coming apart on this issue doesn't bode well for the november elections for republicans certainly. when you make of paul ryan and other gop members say we don't like the sanctions. >> it's interesting and joe nailed it. the retaliatory measures are playing right to the base of some of the leaders in the gop. obviously, steel and aluminum workers are part of trunk space what's going on as we go into midterm elections sort of poking some of the reporters. it's going to be an issue between now and november for sure. gerri: and on it goes.

thank you so much. lauren: coming up yesterday we told you about united airlines controversial plan to scrap bonuses and replace them with a lottery system. they are now having second thoughts. just in time for march madness. coming back with pizza ordering hightops. we will discuss in just a bit. ♪ great, another dead end. sarge, i just got a tip that'll crack this case wide open! turns out the prints at the crime scene- awwwww...did mcgruffy wuffy get a tippy wippy? i'm serious! we gotta move fast before- who's a good boy? is him a good boy? erg...i'm just gonna go. oh, you wanna go outside? you gotta go tinky poo-poo? i already went, ok? in the bathroom! as long as people talk baby-talk to dogs, you can count on geico saving folks money. fifteen minutes could save you fifteen percent or more on car insurance.

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>> the biggest problem is china. $500 billion. the previous president to allow that happen is disgraceful. we are going to take care of it. lauren: president trump is not backing down on this controversial tariff plan the growing opposition within his

own party is failing optimism among investors that maybe he does back down. gerri: the dow surging 336 points with a four-day losing streak. lauren: up for the second day up 54 and nasdaq gaining 24. gerri: europe stocks open higher in the day on the back of wall street gains. the export had the dax doing better up 128 points. lauren: been making in japan getting 1.8% in the shanghai composite up 1%. gerri: martin shkreli have to give up over $7 million plus the wu-tang clan album. "fbn:am" starts right now. lauren: almost 530 in 530 am in new york. tuesday, march 6. on lauren simonetti.

gerri: good morning. i'm gerri willis and for cheryl casone. good to be here waiting for the snow. lauren: i can't believe we are here already. officially kicking off the midterm election season. here we go again. voters headed to the poll in texas. we seen a spike in early voter turnout to suggest there is a blue way of potentially getting the deep red lone star state. a sign of what's to come in the interim country another midterm races. lindsay frantz, good morning to you. democratic strategists and ceo blueprint strategist antwan seaway. good morning. i want to talk about texas. i also want to talk about pennsylvania. we'll start with you. first primary of 28 team chemistry in an unprecedented number of democrats run. can you see this deep red state go booher pro pro -- purple?

>> democrats are successfully pouring a lot of money into the state races. to be honest with you i think their make in a huge investment here and we need to remember texas is a slightly open primary. you don't have to declare when you go in. you have to sign a pledge, which is kind of weird, but she don't have to be declared to vote. what we've seen so far, we could see a total change. too early to tell. measurements are coming out of big urban areas. lauren: it also begs the question particularly in texas, is a trump endorsement good or bad for that endorsement? something at the end of february he said i encourage all of my many texas friends to vote in the primary for governor greg abbott, ted cruz, dan patrick and attorney general ken parks and they are helping make america great again.

antjuan, and as a trump endorsement help at this point or hurt? >> was solid in alabama what we've seen in legislative state, new jersey and virginia the candidates on the republican side are full back from donald jay trump because he's the most toxic president we've seen in a long time. his poll numbers give a true indication of how the american people feel about donald jay trump. my friend on the other side reference we don't know how much dirty money is being poured into texas when the republican party is clearly the party of deep, deep corruption. here's what i believe will happen and it's happened all across the country. there will be a major wave across this country, especially going into the 2018th cycle just as the scene in the 2006 cycle. the generic ballots we've seen so far that during 20 team than they were in 2006 when democrats

took control of the congress. lauren: maybe republicans made turnout here. you just said candidates are running away from donald trump, but they're also running away from nancy pelosi. that is a republican strategy that might be used by democrats successfully. pennsylvania next week special house election. the 18th congressional district in blue-collar right near pittsburgh. the democrat mayor connor land is going against rick sitcom, but land is distancing himself very firmly for business as usual under nancy pelosi. >> i think it's a good thing to try because remember trump one that's by 20 points. not only that, i've got to say you've got a lot of unionists who went republican in there.

in december they would lose their jobs. guess what, steel tariff jobs could come back one mill out of 207. what if those come back? i'm not saying it's for sure going to happen, but those voters could see that. so who goes to close primaries? galvanize voters. you've got to be republican or democrat. i was tried before trump was strong. lauren: very interesting. a soundbite from each candidate and antjuan, you respond. >> please. >> many competitors around the world has planted the playing field. i think president trump is trying to even the scale out. >> too long china has been making cheap steel and flooding the market. i think this is long overdue. lauren: both sides, antjuan,

saying tariffs might be more popular than we think. >> i totally disagree and that's why you're seeing pushback from trump some party on this. keep in mind that people impact did most private terrace will be middle-class working families vote is like in the special house seat in pennsylvania next week you should also keep in mind that some think he won across this country lifecycle. democrats have been blowing seats out of the water when you buy 20 and 30 points in some cases. no one in the world should deceive even close because it is a very strong republican district. the race is in place. millions of dollars pumped in by both parties and there will be about turnout. me as a democrat i'm so glad for the implementation because guess what, that will motivate and galvanize our voters. lauren: i can't wait to have you back after the results are in. >> thank you.

gerri: united airlines walking back so unpopular. transfer out the knife he won the lottery for $100,000 bonus and i got nothing. gerri: am not sure i would share. >> it's not fair and that is why united is reversing course on this decision to get rid of those quarterly employee bonuses. a huge backlash after they announced a lottery son draw with prices ranging from two to $40,000 and the $100,000 prize. here is what the president of the -- united side. our plan was to introduce a better more exciting program but we misjudged how these changes would be received by many of you. even an online petition started by one of the employees with more than a thousand signatures and dozens of angry comments about this.

lauren: at least they are listening. gerri: do they have a choice with the labor market is tight as it is? lauren: martin shkreli about to lose a pretty important problem? >> the one he's talked about quite extensively. federal judge revealed that martin shkreli will have to -- to describe and conspiracy conviction including a one-of-a-kind album from wu-tang clan as well as any proceeds from the alban see how also by lil' wayne. the cash currently held in a brokerage account as pale and all of his shares an interest in the pharmaceuticals from a company where he gained notoriety by implementing the 5000% price hike for a drug used to treat a patient than others.

[inaudible conversations] going to go back and look at my albums. pizza hut bringing back this old idea. they are called power tops. get it, hi tops, like sneakers? you can order your pizza by pressing a button on the time of the sneakers. there is bluetooth technology that hooks up to add that hooks up to your smartphone and by pushing the button you can order a pizza from your hi tops. and on the other side, on the other shoe a little button that will pause your tv when your pizza is delivered. gerri: i kind of like them. >> there are only a few pairs of these available going on until the week of march 9 team from the online site. 50 pairs.

lauren: jerry does actually wear the sneakers i have to say. lauren: thank you, tracey. lauren: coming up, nordstrom rejecting the family buyout offer. we'll tell you why in just a bit. billionaire paul allen of microsoft making his storage discovery this time off the coast of australia. we'll show you. ♪ with me when this guy got a flat tire in the middle of the night, so he got home safe. yeah, my dad says our insurance doesn't have that. what?! you can leave worry behind when liberty stands with you™. liberty mutual insurance.

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gerri: from the back, let's get you caught up on what's happening now. 80-year-old republican senator todd cochrane resigning. poor health with his four decade congressional career. republican governor and the special election held in november to fill out the remainder of the term. from the world of retail, and the nordstrom family rebuffed again in its attempt to take the same departments are private. special committee of the retailer's board has a ba $.4 billion offer to buy the companies say the price is too

low. retail just keeps on struggling. billionaire paul allen has discovered wreckage from uss lexington. sent by the japanese during world war ii. one of the first u.s. aircraft carriers ever built located on the bottom nearly two miles below the surface about 500 miles off the estonian coast. amazing footage they are. that is what is happening now. warren. >> president trump eight sam nunn berg backing off statements about subpoena from special counsel robert mueller. >> i'm the first person to go out here. >> the idea once again that donald trump colluded with russia is a joke. lauren: he would be more willing to comply with mueller steam limits the scope, which includes thousands of e-mails, text messages and workpapers for tax

officials including his mentor, robert stone is also a long-term advisor to president trump. for more on this, david bruno. what does it tell you that the mueller probe is widening and widening? who is next? >> i'm surprised they didn't do this earlier. this is a subpoena returnable on friday. yesterday he basically defied mueller on the grand stage in the national media and late yesterday there's probably some legal intervention because he had no right to defy it. he would have landed in jail and it's going to be interesting moving forward because this is not over. you better comply with this because i know mueller probably has these and if you delete some he may land in jail on an obstruction charge.

lauren: wow. it was bizarre last night. he named the media, particularly the mainstream media circuit last night, spoke to all the shows. they seem to be obsessed with the fact he might have had something from the campaign showing the trump campaign colluded with russia. then we have better destiny? >> i don't think so at all. he was removed from the campaign in 2015. he was not part of the campaign. now part of the white house. he has limited knowledge of the inner workings. lauren: but he seems to a donald trump and stand by his mentor, trump adviser roger stumpf. >> kearsarge wants in the business and wants on the campaign. donald trump suit him in july of 2016 during the period of the campaign for $10 million for breaching a confidentiality agreement which ultimately settled or does he hate him?

yeah, that's apparent. lauren: does he have immunity? >> community has been thrown around a little bit yesterday. he was offered immunity and he turned it down. that is up to robert mueller in the special counsel. that is a possibility that he would be the first we've heard of that has been offered immunity. lauren: if you have immunity i wonder why he would be a good like this. >> agreed. very bizarre i agree. lauren: quite the media frenzy. thank you very much. trade do coming up in sports, philadelphia eagles at the super bowl that area. may be heading to another seat. espn has a new leader in business insider. u.s. stock index futures looking pretty good here. the dallas pd points. you are watching "fbn:am."

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>> to my men's college basketball teams, but the winning team at connecticut made the greatest statement last night. >> garrett maxes here with it all. >> huskies are unbelievable. connecticut basketball program continues to add to its dynasty. the semi finals of the aau tournament last night. uconn huskies, watch this. >> 44 to nothing ron. >> outscoring cincinnati 26 nothing in the second quarter. 38 straight points between the first quarter in the third. cincinnati five points at turnout records presented their scoreless second quarter. total number of field goals eight to the entire game. since the aau inception of 2013. they won 75 netanyahu 21. tyler nelson shared a moment

with head coach sidney johnson last may. nelson likely playing his final game who lost the mac championship game. in the same last night for umc greensboro, which won the southern conference championship game against east tennessee state. super bowl mvp quarterback is on the trading block as he enters the final year, not been actively shocked by the eagles rather than a field calls from several teams inquiring about acquiring foals. eagles looking for more than just a first in fourth-round draft pick. nfl teams will have $5.2 million more to spend on their salaries next season. the 6.11% increase had the smallest increase since 2013. what's old is new again. phil mickelson won the golf tournament. tiger woods on a comeback in each of the suzuki back to

saddle. now 44 years old come in 17 years older than when he broke into the majors seattle mariners spent 11 seasons with the 10 time all-star with a one-year agreement to return to the mariners riddled with injuries and played 186 games last year for the marlins. the latest to bolt from miami this off-season. keeping it in the sunshine state monday for the varsity hockey team in parkland, florida. not only did the team practice at the florida panthers home arena. the stanley cup players got to hoist as they prepare for the u.s. national championships in minnesota. they will fly there later this month on the time of the florida panthers hockey team. great story. >> that's a big award. the trophy is massive. >> all the names etched into there with misspellings that team names and player names. i've gotten a hold of before.

the nfl commissioner roger goodell and that yard dash. we'll show it on "mornings with maria" at 6:50 eastern. garrett max, fox news headlines 24/7 nine sirius xm channel 115. gerri: of politics turned european bakers hawkish? we will go to london, not. ♪ oh good, you're awake! finally. you're still here? come on, denise. we're voya! we stay with you to and through retirement... with solutions to help provide income throughout. i get that voya is with me through retirement, i'm just surprised it means in my kitchen. oh. so, that means no breakfast? i said there might be breakfast. i was really looking forward to breakfast. i know... voya. helping you to and through retirement.

gerri: the european central bank meeting thursday with some speculation it may be shifter ready -- away from policies angered italian election gave another list of populous arab. while they play a role in center banks direction? joshua mahoney of the ig group. so is this italian election going to be a big deal? >> good morning. you've got a look at it in its entirety. the ecb are always very risk-averse. whenever we think they might be more hawkish they come back with more dovish stance. on this occasion what we are looking on in terms of the italian economic picture and political picture, we saw what is happening in terms of potential for it to flare up at the trade war and the terrorist

donald trump has recently imposed. the suit things will really tie the hands in the ecb. it's the big meeting of the week for us in europe. everything happened over the weekend of pics with happiness we. transfer the possible of the global trade work, joshua is catching everyone by surprise. reports the e.u. is imposing a 25% tariff against $3.5 billion worth of u.s. goods come in t-shirt, whiskey. when you make of this tit-for-tat we are seeing? >> quite honestly, it doesn't end well. free trade is better for all and when people putting back of of it previously was retaliated to raise taxes. the most powerful people within the e.u. will certainly hit them in particular. it's very difficult for the e.u.

to know whether they should retaliate or simply just swallow it. actions will speak louder than words. at the moment there is talk of a possible retaliation from the e.u. and that will really undermine the confidence slowly trying to creep back into financial markets and we would see a decent sized selloff if we did see the europeans retaliate back to the u.s. he's the one who took steps in the first place with more terrorists and more taxes. >> joshua, thank you for that. appreciate your time. >> thank you for joining us on "fbn:am." good morning to maria bartiromo. >> thanks so much. good morning to you. i maria bartiromo. tuesday, march 6th at 6:00 a.m. on the east coast.

stack searching for the first time in five trading days yesterday. all the major indices closing up at least 1%. futures this morning but the possible trade war over tariffs. as president trump remaining strong in his message. >> people have to understand our question on trade has been ripped off a virtually every country in the world, whether friend or enemy. everybody. train to the european imposing retaliatory tariff of 25% against u.s. goods. european markets this morning across the board up about 1%. cac in paris that three quarters of a percent and the dax of better than 1%. asia overnight with stocks closed sharply higher. as better than 2%. nikkei average in japan up one quarters than 3%. rolling back dodd-frank said to

take steps to undo parts of the obama era legislation today. major impact of the services sector coming out. gun sales falling. fewer people are purchasing firearms in the wake of the deadly school shooting in parkland. the latest as the florida senate has voted to restrict gun sales including raising the age to buy a gun in the state to 21 years old that are 18. also voting to arms and school personnel. protesting the protesters. houston texans will avoid players who choose not to stand during the national anthem. the commission basis. roger goodell ran a 40-yard dash in his office wearing a full suit. find out his time this morning. jamie talk about it, fox business network dagen mcdowell. tom shane in the hill contributor, author of how do i tax base, kristen tate is