tv After the Bell FOX Business March 6, 2018 4:00pm-5:00pm EST
4:00 pm
does that include your attorney general jeff sessions or cabinet secretaries. >> i don't want to talk about that i just said the white house tremendous energy, it has tremendous spirit. it's a great place to be working. many, many people want every single job. oh, gee, people don't want to work for trump. believe me everybody wants to work in the white house. they all want a piece of that oval office. they want a piece of the west wing and not only in terms of it looks great on their resume', a great place to work. it has tremendous energy. it's tough. i like conflict. i like having two people with two different points of view and i certainly have that. then i make a decision but i like watching it, i like seeing it and i think it is the best way to go. i like different points of view but the white house has tremendous energy and we have tremendous talent. there will be people, i will not be specific, but people always change. sometimes they want to go out to
4:01 pm
do something else but they all want to be in the white house. so many people want to come in. i have a choice of anybody. i could take any position in the white house i have a choice of 10 top people having to do with that position. everybody wants to be there. and they love this white house because we have energy like rarely before. okay? thank you very much. >> thank you, sir. >> mr. prime minister, last year you criticized president for drawing a link between immigrant crime and recent arrivals of refugees. this week one of our own flagship papers, "new york times," profiled a link between hand grenade violence and immigrant gangs in your country. do you stand by the criticism of the president. >> sweden, we have our share of domestic challenges, no doubt about that. we inherited a legislation that was not sustainable, legislation on migration. which meant that 2015, we
4:02 pm
received 163,000 refugees, seeking refugee. bear in mind, we're a country of 10 million inhabitants. that was a lot. 70% of them came from september to december. it was dramatic increase. we changed the legislation. we decreased the number of refugees entering sweden. we're putting pressure on other european union countries take their share of the responsibility. this is not a responsibility for one, two, three, four, countries. it is shared responsibility. we're working within that in the european union. so we of course, we also have problems with crime, organized crime in sweden, shootings but it is not like you have this no-go zones. we have, we have dealt with it. i'm dealing with it every day, allocating more resources to the police, more policemen trained. more resources to the security
4:03 pm
police. tougher law on crime, tougher law on terrorism, supporting terrorism, we do a lot to combat that and we can see some results in our three major cities, decreased shootings because we're attacking organized crime very tough. we'll keep on doing that because there is no space in sweden for organized crime because they decrease freedom for ordinary people. at the same time sweden have high growth. unemployment is going down. employment is going up. we have high investment rates. we're allocating resources to the welfare. we have a strong, strong economy. with surplus, huge surplus that we're now using to develop our society with, for example, the welfare that we want. so the picture of sweden need to be, it is two pictures. yes, we have our share of
4:04 pm
domestic problems and challenges, do doubt about that, but we're dealing with them. we also have good, good foundation for dealing with them, not at least, with the strong economy and the shrinking unemployment. okay. swedish radio. >> thank you. this is an election year for both of our countries and i want to ask you, mr. trump, what do you think sweden should learn from how the russian influence campaign affected the presidential election in the u.s.? >> well the russians had no impact on our votes whatsoever, certainly there was meddling and probably meddling from other countries and maybe other individuals and i think you have to be really watching very closely. you don't want your system of votes to be compromised in any
4:05 pm
way, and we won't allow that to happen. we're doing a very, very deep study and we're coming out with i think some strong suggestions on the '18 election. i think we'll do very well in the '18 election although historically those in the white house have a little bit of a dip but i think we'll do well because the economy is so good because we're protecting like our jobs are being protected finally like with what we're doing with the tariffs. the big thing would be the tax cuts and regulations cuts. also the judges. we have outstanding judges. judge gorsuch on the supreme court and many, many judges going on to the bench all over the country. i think we'll do very well. and i think it will be a tremendous surprise to people how well. the economy is so good. jobs are so good. black unemployment, hispanic unemployment, at all-time lows. we're reallying doing well. based on that i guess we should do pretty well, i hope so, but
4:06 pm
you have to be very vigilant and one of the things we're learning it is always good, it is old-fashioned, but always good to have a paper backup system of voting. it is call paper, not highly, complex computers, paper. and a lost states are doing that. they're going to a paper back-up. i think that is great idea. we're studying very closely. various agencies including homeland security are studying it very carefully. >> but are you worried about russians trying to meddle in the midterm elections. >> no. because we'll counteract whatever they do. we'll counteract it very strongly. we're having strong backup systems, we're working actually, we haven't been given credit for this, we've been working very hard on the '18 election and '20 election coming up thank you very much. >> mr. lofven, are you on the same page, 2018 the threat from
4:07 pm
russia when it comes to meddling in elections you think. >> we both agree upon the election in a country, the result of the election in the country should be decided by nobody else but the voters in that country. and that is also our players stance. that is why our intelligence agencies now also increasing their own capacity to detect and counter whether it is hacker attacks or financing or producing or spreading propaganda, whatever it is. we are increasing our capacity to handle that. we are cooperating with other european union countries. some of our agencies cooperating with american counterparts. this we will continue to do. so any foreign power that believes that can interfere with our election, we will find out, we will call them out very clearly, loud. >>-first time you two meet, two of you, where did you find most
4:08 pm
common ground and where do you differ most on political issues? >> we, first we -- >> maybe almost everything? >> yeah. first, we, we, i mean we both come from outside politics into politics. i have spent perhaps 30 years in industry as a welder, but also as trade unionist, trade union leader, spending 75, 80% of my time cooperating with company leaders, with employers organization in an effort to strengthen our industry. so that's perhaps a similar background. not similar because its different but we come from outside politics but of course also friend differ from time to time the importance of paris agreement. we stand by that we think it is important that we implement and fulfill the paris agreement because of the climate issue.
4:09 pm
on that we might differ. tariffs as well. but having said that, still, we know that the relationship is a good, yes, so we can take it that we differ as well because the values are there and we cooperate very, very good on economic issues, making sure we create jobs and growth and also on the security issues, both when it comes to combating terrorism, but also, when it comes to defend ourselves. >> finally, follow-up for mr. trump, do you think that trade is where sweden and u.s. differ most right now? >> i think we have very good relationships on trade. we have had, and, we are constantly in touch. we have, on the military great cooperation, including design of various components of aircraft, et cetera. and we are, we were discussing that. we have some of the great makers of these components in the room with us today. no, we have a very good relationship on trade. we always will have.
4:10 pm
sweden is a great country. it's small but it is very sharp, i will tell you. they are very sharp. thank you very much, everybody. i appreciate it. thank you. >> thank you very much. [shouting questions] david: the president of the united states and the prime minister of sweden. let's listen if he answer as question thrown to him. nope. just a little wave, good-bye. very interesting press conference not only for what the president said but some of what the prime minister said as well but the president's classic line that got melissa all ears was when he was talking about trade, he said we'll apply tariffs in a loving way. melissa: loving tariffs. david: got to be the first time in trade history, james freeman is over there laughing ever been applied in loving way. we'll have to see what the loving way is. i'm david asman. glad you could join us. melissa: i'm melissa francis. we're having a lot of fun with us. this is "after the bell." blake burman who is standing by at the white house obviously has
4:11 pm
a lot more details what loving tariffs actually look like. is blake ready for us yet? reporter: i'm right here. i'm not sure there is evolution what the president said last five days as it relates to trade, but certainly interesting to follow his rhetoric. you remember on friday, he said trade wars are good, they are easy to win. then yesterday there was a little bit of a shift, the president trying to dial that back a bit, saying we don't think there will be a trade war. up on capitol hill today, the treasury secretary steve mnuchin echoed that saying we don't think there will be a trade war. when he was asked about it a little while ago, president straight up said he doesn't think trade wars for the united states are necessarily bad. listen here. >> well, we'll have to see. when we're behind on every single country trade wars aren't so bad, you understand what i mean by that? when we're down by 30 billion, 40 billion, 60 billion, 100 billion, the trade war hurts them, doesn't hurt us.
4:12 pm
reporter: perhaps the most interesting thing here what the swedish prime minister said right off the top. david and melissa, normally the two leaders stand up, exchange pleasantries about the two countries, that was no different today but right at very beginning the leader in sweden came out in his opening statement he does not agree what the president is planning on doing. >> swedish prosperity is built on cooperation, competitiveness and free trade and i'm convinced that increased tariffs will hurt us all in the long run. as a swede i support the efforts of the european union to achieve trade with fewer obstacles, as few as possible. reporter: spokesperson for the european union told me earlier today, david and melissa, the swedish prime minister got a phone call from the head of the eu jean-claude juncker, to coordinate a message. the eu says if the president
4:13 pm
goes through what he says he going through with, there will be a swift and proportionate response. we have had, i will leave you with this, we had a dozen of these in this room so are far, normally there is a lot of messages that align. it was very clear here, that swedish leader, a part of the european union and president on two very different pages with this one. david, melissa. melissa: that is negotiating. blake, thank you so much. david. david: blake is so good. correspondents on either side didn't bother him. here so react, gary kaltbaum, from kaltbaum capital management, john layfield, layfield report ceo is with us as well from bermuda of all places. james freeman from "the wall street journal" is right here in new york. gary, james, are both fox news contributors. gary, i watched the market tick, at one point he actually talked about cars. he was bringing up the subject of, you know if we go through with these tariffs, domestic car companies will have to pay more
4:14 pm
for raw materials. that might make foreign cars cheaper in the united states which means people might buy fewer u.s.-made cars and more foreign-made cars. the question whether there will be questions on foreign cars. the question how it escalates. you know, they're already getting away with murder, foreign car companies, european car companies, maybe 25% would turn them around, and the market didn't move. why not? >> i think lovingly loving the tariffs what is happening at this point. look, here's the problem. one thing i hated about the last eight years before trump was the uncertainty in the system by the last president, whether it was taxes, fees, fines, rules, regulation, mandates. all we're talking about now is the uncertainty. david: right. >> we don't know where we're going with this. we started with a. we went to b, we went to c, we're not doing tariffs, we're doing tariffs.
4:15 pm
we'll do it on a few countries. david: gary, forgive me, we know that the president is negotiating. that is what he is doing right now. we don't know what the end product is going to be. to -- go ahead. >> therein lies the problem. i love the fact he is addressing trade. the fact there are bad players across the area. china has been dumping steel. david: yes, they have. >> this is something you get behind closed doors with the trade negotiators and you're the great donald trump, the great negotiator. david: no doubt some of that. >> come up with a great deal. david: john the fact it is going on now in a very public way. this is where you set the bars. then maybe you do behind closed doors negotiations. to gary's point, look at china, we only get 2% of our foreign steel from china, but at same time, that is where the overcapacity i was. that is it what is really driving some of these cheap prices. nine of the 10 largest chinese steel companies are private, and one that is, are public, excuse me. are owned by the government.
4:16 pm
the one that is private is largely owned by the government. that means that the government can essentially assist the dumping of steel. there are ways to deal with it. why punish u.s. consumers. are there ways to deal with it without punishing u.s. consumers, john? >> yes, there is. reciprocal tax, the bush administration learned something, karl rove was on fox business earlier today. they talked about this. they lost 200,000 jobs because of steel tariffs. highest sanction by the world trade organization in history of $2 billion, had to take it off within 18 months because of retaliatory pressures from around the world. that is what happens right now. you do reciprocal tax, deal with the trade problems. start putting a tariff on steel and aluminum imports, canada, mexico, this is absolute disaster. the president of the european commission said by the way, we also can do stupid. we'll tax something of theirs, bourbon from kentucky, mitch mcconnell, harley david
4:17 pm
sons, wisconsin, paul ryan, that is what they after. david: foreigners know election year. they're trying to hurt vulnerable states in the gop. james, a lot of this has to do with nafta which is up for renegotiation. a lot of people, even people that support nafta, say it really needs to be updated from where it is now. a lot of advantages that mexico has that we don't have as a result of changes over the years. now, what the president can do since mexico sent so much steel to the united states, they can say okay, if you do what we want to you do, we'll get rid of the tariffs. now he has a bargaining position, dangled this out for the whole world to see, he can say unless you get rid of things we don't like about nafta we'll slap tariffs on. he already said, mnuchin, said mexico and canada could be exempt from the tariffs if they do right thing. >> also an election year in mexico. if we get a left-wing government there in part of because of
4:18 pm
deteriorating relationship with the united states, we shouldn't expect a lot of good free market policy to come out of that. look, the president said, he will have a loving approach. i think make love, not trade war is great message for the whole world. that is why the markets this week are not tanking, they think as you suggest this is just setting the table. this is the "art of the deal." i hope really he doesn't think we lose everywhere we run a deficit in goods. we run surpluses in services all over the place. david: all right. >> even where we have so-called deficits we have great economies often with trade deficits. we're getting stuff we need. david: gary, very quick on this, just to prove our good our economy is, steel companies dealing with 15% increase in foreign steel were way up in 2017, quickly. >> u.s. steel, nucor, you name them, they have done very well. the stocks are doing very well. earnings and sales doing very well. david: gary, we have to leave it
4:19 pm
at that john, james, good to see you all. thank you very much. melissa. melissa: potential big news coming out of north korea what could mean the end of the nuclear threat. can it be believed? retired lieutenant-general thomas mcinerney with his take next. is why 7 million investors work with edward jones.
4:20 pm
4:21 pm
sure. momwhat's up, son?alk? i can't be your it guy anymore. what? you guys have xfinity. you can do this. what's a good wifi password, mom? you still have to visit us. i will. no. make that the password: "you_stillóhave_toóvisit_us." that's a good one. seems a bit long, but okay... set a memorable wifi password with xfinity my account. one more way comcast is working to fit into your life, not the other way around.
4:22 pm
david: another wild ride for the markets. the dowing logging 286 point swing from highs to low, crossing the unink chained line for than 70 times led by caterpillar and intel. nicole petallides on floor of new york stock exchange. were trade issues driving the markets today? >> i mean the big picture people are looking at all the headlines and you're 100% correct. talking about trade, international trade, tariffs, what does it mean? what are the economic
4:23 pm
implications for our country? the big picture people remain optimistic but we're somewhat choppy seesaw market range-bound and traders know it. volatility you just noted over that unchanged line over 70 times. the dow managed to squeeze out a gain, tacked on to more than 300 points yesterday. up 1.4% for this week. the dow, nasdaq, s&p all up about that amount for those two trading days. but the big picture it has been 26 sessions we had not a record close across the board. that was january 26. they're comfort talking about with north korea which i know you will delve into. david: nicole, thank you very much. melissa: major break through, south korean officials saying the north is ready to talk to the united states including possibly giving up its nuclear weapons. sure they are, under the right conditions. president trump, while hopeful is not buying this diplomatic olive branch just yet. >> these sanctions have been very, very strong and, very
4:24 pm
biting and we don't want that to happen. so i really believe they are sincere. i hope they're sincere. we're going to soon find out. melissa: nah. here is retired lieutenant-general thomas mcinerney. what do you think about this? do you believe them? >> no. melissa: well. >> but fact is they never agreed or stood by any agreement we had with them, melissa but, does the president have to at least look at this, yes, sir he does. he has to be very sober. that they're trying to play a game. they're on the 2-yard line, to push the ball over to make a touchdown. we have tock very careful. melissa: are they buying time? is there an opening -- you don't believe this first move, saying yes we'll sit down and pause but is there an opening in there somewhere for something? >> well there may be and that's what we'll have to see. that is what the president is really stated. we'll look at what they're talking about. if they stop their nuclear and
4:25 pm
missile testing we'll look to see what the conditions are. i think they will throw conditions they want all the sanctions released because the sanctions are putting a big hurt on them right now despite the chinese still moving fuel and other things into north korea, to keep them alive, and so they will want that. plus they will want us to cancel or do something to the exercises we've got coming up in april over there. melissa: yeah. so, what could we possibly do at this point? even if they stop missile testing they're still working on other stuff, right? >> sure they are and they're doing development work with their engineers, et cetera. they're just not testing it. they did horrendous, 30 some missle launches. so they have a lot of data that they have got to go through and work on. that is why we have to be extremely cautious about this. i do not trust them. melissa: yeah. what, what is our option at this point? because, it seems like it is down to, you know, some sort of
4:26 pm
military option? at the same time, this is what everybody was saying during the cold war as well, and that worked out at least until recently. so you know, what would be our option besides military force? >> i think we ought to continue on the economic sanctions. we can break them economically, if the chinese participate and the russians. we'll see if they're sincere. if those sanctions do not work, and they are hurting them now but if they fail the own oy option we have is military. melissa: general, thank you for your time and we appreciate your insight, sir. >> thank you, melissa. >> igniting another divide between congress and president trump. will the congress try to block the commander-in-chief? we'll ask congressman jason lewis after a short break. as opponents of the tariffs bash the idea does president trump have a negotiating trick up his sleeve or several? guy benson joining us on the
4:27 pm
president's tactics coming up. i want you to pick a new truck for your mom or dad, knowing that they could possibly pass it down to you one day. cool. but before you decide, you should know that chevy silverado's are the most dependable, longest lasting full-size pickups on the road. which means that ford f-150s are not.
4:28 pm
4:30 pm
melissa: not backing down. president trump facing a new battle in his own political party as top republicans are pushing back on his plan to impose tariffs on steel and aluminum. so what happens next? here is republican congressman jason lewis from minnesota. he is on the house budget committee. sir, thank you so much for joining us. we feel like this is an opening salvo in a negotiation. do you think the president is really committed to this idea of 25% steel tariffs or do you feel like he is negotiating with nafta and everyone else? >> i don't know but he has a history of doing that. taking a tough position on north korea, on daca, for instance, to begin as a starting point for some adjustments later on and that may very well be the end fame here. we'll see what happens. melissa: is there any proposal on legislation or any working of an executive order? it seems like it was sort of an idea, while he has, keeps
4:31 pm
talking about it, he talked about it a few minutes ago, we heard it, to get the ball rolling what action do you need to see? >> talking about legislative action? melissa: writing something up? he has authority to do that for national security purposes to enact tariffs. some people say it gets abused. i don't see a well lot of legislative action in the near future. i think this plays out like a number of negotiations play out. everybody is sort of on hold and see what happens. melissa: yeah. i mean, you brought up immigration and daca as well. seems like in that case the president made an offer for three times as many dreamers. >> right. melissa: to get basically amnesty versus what president obama said. we haven't seen it pushed much further beyond that. that was opening salvo, it hasn't gone further. is there movement behind the scenes? >> that is true because the democrats won't just come along.
4:32 pm
instead of negotiating the 730,000 or the president's case 1.8 million, the president said i will do this, enhanced border security, end to chain migration, end to visa lottry, put other conditions on the quote, deal. there is a lot of that in this trade negotiation. whether it is for nafta or something else we'll see what happens but i do think he is sort of flipped the tables on the democrats who wanted this to be a debate just about the deferred action. instead it became a larger debate which the president was wise to do. melissa: a lot of people believe the president was sent to washington to shake things up, to do things differently. he wasn't a politician. his negotiating style says that how could the president say something if he didn't mean it. >> i can't hear audio. melissa: you can't hear me at all. that's a shame. our apologies, congressman lewis. david: we'll get back to him. cracking down on bitcoin. the sec is considering brand new
4:33 pm
regulations. latest details you can't afford to miss from the head of the sec in a fox business exclusive coming next. how many kids? my two. his three. along with two dogs and jake, our new parrot. that is quite the family. quite a lot of colleges to pay for though. a lot of colleges. you get any financial advice? yeah, but i'm pretty sure it's the same plan they sold me before. well your situation's totally changed now. right, right. how 'bout a plan that works for 5 kids, 2 dogs and jake over here? that would be great. that would be great. that okay with you, jake? get a portfolio that works for you now and as your needs change from td ameritrade investment management.
4:36 pm
4:37 pm
head of the sec in a fox business exclusive. she has the report. hillary, good to see you. reporter: bitcoin offerings are bigger than ever and the chair of the sec has his eye on them. i sat down with chairman clayton. they are looking at several icos to make sure they are not violating securities laws. he said icos are securities, posing as ico and should follow under sec jurisdiction. >> for some reason, people selling icos seem to think they don't need to follow either path. they seem to think they can have the best of both worlds a limited disclosure from a private placement and public trading and public offering of the token. abide by the law. we're watching. others are watching. reporter: telegramming encrypted
4:38 pm
messaging app company broken the record for biggest ico campaign of all time. they have raised over $850 million in the first two months of fund-raising out of what is expected to be a two billion dollar ico. critics say some companies are exploiting icos as quick cash campaign to pay bills with no garrities for investors. >> we've seen instances where companies seem to have trouble raising money in a traditional private placement and then have switched to an ico in order to raise the money. the business hasn't changed substantively but it is a form over substance way to raise money. that is troubling. reporter: so the initial coin offering is when a company sells a token instead of a stock to an investor that is looking for a return on that but it is not regulated by the sec which is causing some concern. clayton tells me the sec is devote al significant amount of
4:39 pm
resources to this crackdown because main street investors are at risk. he worries that investors could be easily tricked by these ico listings look like they're listed on the new york stock exchange and think their token investment they're purchase something protected like a share of stock when it's not. david? david: a lot of cryptocurrency owners are a little wary of the sec getting involved here. would be interesting to see how it shakes out. hillary, very interesting, appreciate. >> compromising national tell against. new developments in the clinton email scandal. how a possible security breach was just brushed off. a house intelligence committee member sounds off. that is next. but you can feel confident in our investment experience around the world. call us or your advisor... t. rowe price. invest with confidence.
4:40 pm
which is breast cancer metastatthat has spreadr, to other parts of her body. she's also taking prescription ibrance with an aromatase inhibitor, which is for postmenopausal women with hormone receptor-positive her2- metastatic breast cancer as the first hormonal based therapy. ibrance plus letrozole was significantly more effective at delaying disease progression versus letrozole. patients taking ibrance can develop low white blood cell counts, which may cause serious infections that can lead to death. before taking ibrance, tell your doctor if you have fever, chills, or other signs of infection, liver or kidney problems, are pregnant, breastfeeding, or plan to become pregnant. common side effects include low red blood cell and low platelet counts, infections, tiredness, nausea, sore mouth, abnormalities in liver blood tests, diarrhea, hair thinning or loss, vomiting, rash, and loss of appetite. alice calls it her new normal because a lot has changed,
4:41 pm
4:42 pm
show of hands. let's get started. who wants customizable options chains? ones that make it fast and easy to analyze and take action? how about some of the lowest options fees? are you raising your hand? good then it's time for power e*trade the platform, price and service that gives you the edge you need. alright one quick game of rock, paper, scissors. 1, 2, 3, go. e*trade. the original place to invest online. david: sources telling fox peter strzok was told of a possible breach into hillary clinton's private email server but he didn't follow it up. you remember strzok was the special fbi agent fired from the mueller investigation after his
4:43 pm
extreme anti-trump bias was revealed. joining me now to discuss is chris stewart. he is a republican congressman from utah, a member of the house intel committee, a focus of so much of what is going on here. congressman, peter strzok was not just anybody in the fbi. he was the right-hand man of james comey when he was director of the fbi. of course he was the lead fbi investigate for for mueller. to mueller's credit he fired him after all the texts were found where he revealed his hatred, pure hatred for donald trump, before and after he became president. he, there was, he was not alone. there was a whole team of anti-trump people in there. is that what you're investigating and worried about? >> it is one of the things curious to me. the fbi is center to center right, generally apolitical entity. how in the world is it that mr. comey surround himself with such very aggressive, progressive, really in some cases political hacks? that wasn't just by coincidence
4:44 pm
or, it didn't just happen. very clearly these individuals were selected and moved into these positions. mr. strzok is a god example of that, let's go back to the, seems like so long ago, so many scandals, so little time. hillary clinton had an email that we know was unsecure. she shouldn't have had it t was secret. we know classified information was on there, in some cases very secretive, top secret and above. we were afraid is vulnerable to hacking. now we find out there was evidence of that, like the fbi didn't want to know the answer to the question. why initiate an investigation if you don't want to know the answer? seems like that's what happened here. david: right. this group which included peter strzok, bruce and his wife nellie ohr. she worked for fusion that came up with the trump dossier. bruce was a high up figure in the department of justice and andrew mccabe. apparently andrew mccabe,
4:45 pm
assistant at the fbi, he is featured in the inspector general's report that is due out this month or next month. we've been hearing that there may be some blockbusters in that report about mr. mccabe. have you been hearing the same. >> we hear some things. i want to be careful on that. let's wait to see what the inspector general has to say. i will tell you this as well. we don't need to the inspector general that we know and eventually will share with the american people. i have to come back the to original proposition. how is it that director comey and the department of justice selected and promoted these individuals who were clearly so partisan, so actively partisan and so open about their partisanship? it casts a pall on the entire department, on the entire fbi. david: it does. >> for leadership like that so to be so aggressive in their politics. david: if i can turn briefly to
4:46 pm
the issue of sam nunberg, the fellow that was all over the news, led the news last night on network news channels, cable news channels, et cetera, yet clearly a guy with a serious problem. here is a clip from cnn play the clip. >> talking to you, i have smelled alcohol on your breath. >> well i have not had a drink. >> you haven't had a drink? so that is not -- >> no. david: now you know, i'm sure, that cnn would love it if that guy had been a cooperative witness. he was in such bad shape, even cnn had to say there is something wrong with you fellow. this guy has been subpoenaed by mueller. if he is the best witness or any indication of the kind of witnesses that mueller has to indict the president, if that is his goal, what does that say about the mueller investigation? >> that is exactly right. i was asked about this earlier. i said if you think this individual is the key to proving collusion or conspiracy in the trump campaign, oh, my gosh,
4:47 pm
then you've been riding unicorns, frankly. this is a fantasy to think this individual has the credibility, the experience, the background or the contacts and that previous to him we had no evidence. this guy pops up whether he is drinking or not i don't know, but you don't have to be drunk to judge him as a witness to say he is not very credible. david: you don't have to be drunk to judge the mueller report if in fact this is the best they can find as a witness in their case. so we'll have to wait to see what happens. congressman, we're glad you're there doing your work. appreciate it. >> we'll keep at it. david: thanks a lot. melissa: doubling down on tariffs. president trump not backing down on the plan to impose tariffs and on steel and aluminum imports s this the negotiator in chief? guy benson, town hall is next.
4:48 pm
see for yourself why chevrolet is the most awarded and fastest growing brand, the last four years overall. switch into a new chevy now. current qualified competitive owners and lessees can get this 2018 chevy equinox for around $199 a month. chevrolet. find new roads. i had severe fatigue, became diagnosed with hodgkin's lymphoma. he was a good candidate for immune therapy, which is allowing his immune system to attack the tumor. learn more at cancercenter.com
4:51 pm
>> the united states has been taken advantage of by other countries both friendly and not so friendly for many, many decades. we have a trade deficit of $800 billion a year. and, that is not going to happen with me. melissa: master negotiator. president trump taking a strict stance on new tariffs for steel and aluminum but is this just the first offer from the commander-in-chief? here is guy benson, townhall.com, fox news contributor. i probably shouldn't be spreading this to everyone because you want the negotiating to work, but if you go back look, fifth if i, the wall, from sea to shining sea, i don't care it is going through water. wall system by 2018.
4:52 pm
the muslim ban, turned into temporary vetting on six countries identified by obama. we'll leave nato. all of sudden nato spending 5% more. everybody goes, how can you say we'll leave nato? sure enough, we were never really doing that. do you think the tariff is the same thing or am i lunatic? >> i hope so because i think the tariff is terrible idea. melissa: obviously. >> it will hurt the american people and american economy. there is method to the madness sometimes. it is in his own book. he talks about, renegotiating 101 i don't re set. reset. >> all of sudden their window what is possible changes, oh, my gosh, if they want this, their conception of what is reasonable changes in that direction. melissa: right. >> so that is part of what he is doing sometimes. i have no doubt that is true. i think other times he goes with his gut and blurts stuff out. melissa: yeah.
4:53 pm
>> his team is left to backfill of the details. when they end up with something they can sort of handle, this is what he meant all along. this is combination of method to the madness and sometimes just madness. melissa:ly also only works if you believe the leaves the person on other side is crazy enough to do it. you go into your boss for raise, well actually we're thinking about firing you and getting rid of your department. the other side of the table has to believe it's a real thing. you know it is a lot of the same thing with north korea, where they're like, this is crazy. he could go in and do any sort of thing. kim jong-un has to be believe this is somebody who would actually pull the trigger s is that a piece of it as well? >> yeah. melissa: he is not negotiating. he really could do this. >> yeah. one of the criticisms of him you could mount on tariffs, for example, there is massive amount of reporting reporting that he t
4:54 pm
surprise the eu and china and world trade organization with the announcement. surprised his own communications team. this is something you don't want to do if you're the president. if you have a plan to be the wiley like a fox guy you at least want your own people behind you. that was definitely a mistake, setting aside the economic problems. but look, in terms of the moving the football, moving the playing field in your direction, i will tell you this, the fact that chuck schumer, allegedly, reportedly, went into the white house, offered to pay for the border wall, for democrats to agree to fund entire border wall, that unto itself is gob smacking. the democrats said you will never get a wall, ever, ever period. here we are offering part of a deal to pay for it. melissa: yeah. >> sometimes it pays dividends. of course that deal hasn't happened yet but it was offered. >> you said something in there, a lot of people say. presidents don't do that, or that is not good for presidents. that is one of his strategies he is banking on as well.
4:55 pm
people like, you may negotiate like that in business but you can't negotiate like that as a president. and that is sort of what he is banking on and i think what people elected him to do, not be like a normal president we've seen. feels like in a lot of ways that is not working, politics as usual in washington. you look like you're in agony. >> i'm not in agony. people wanted change and disruptor, someone to sake shake things up. he complainses out loud about loyalty within the white house. there is chaos within the white house. one way to mitigate, be more effective leader make sure you lock down the own team, people are on board, you made the decision. they know it is coming. they can defend what you're doing in some sort of a strategic way, rather than saying he said what? when their key players in what would be implementation. so i think disruptive is good. what the american people want. too disruptive can be
4:56 pm
self-destructive getting some things done sometimes. melissa: in the end you're measured by the result. >> that's right. melissa: it has to be the disruptive to the point to shake things up to make them help. depend on the outcome. >> outcomes are crucial of course. melissa: guy benson. very smart. love having you. david: good stuff. license to grill, a new hamburger chef is many abouting a new age alternative to fast-food workers and a rising minimum wage. ...
4:59 pm
melissa: the future is here and it's serving your cheeseburgers, a robot is now flipping burgers at california fast food restaurants. david: flippy uses thermal imaging to sense when to flip and when to take the burger off the grill the create ors say the new technology is meant not to replace jobs but to act as a third hand, pointing out that flippy still needs a human worker to place the patties on the grill and to top the burgers
5:00 pm
with cheese, but you know if you have rising minimum wage, this is looking better and better. melissa: there you go, all right well that cheeseburger looks god i'll get one that does it for us risk & rewards starts now. president trump: we have certainly come a long way, it would be a great thing for the world, it would be a great thing for north korea and we've been in a situation that should have been handled for a long time, many many years this should have been taken care of, but we'll get it done. we seem to be acting positively, and we're going to see. liz: that was president trump earlier today, he has been criticized in the past for his fiery rhetoric on north korea but is it working the rogue country's dictator kim jong-un now saying he is willing to hold talks with the u.s. about giving up its nuclear weapons and normalizing relations with the united states and reports of a global tra
85 Views
IN COLLECTIONS
FOX Business Television Archive Television Archive News Search ServiceUploaded by TV Archive on