tv After the Bell FOX Business March 12, 2018 4:00pm-5:00pm EDT
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countdown." thanks for joining us. see you here tomorrow. it is time for "after the bell." [closing bell rings] i don't two markets going in very different directions. the dow ending the day down 108 points. well off the lows. rattled by a fears of a trade war. s&p fighting for gains, just bearly. the big winner, nasdaq closing another record high for second day in a row. i'm melissa francis is go figure. they're going in opposite directions. i'm david asman. good to have you with us. this is "after the bell." here is what else we're covering for you. another very busy hour. tariff talk roiling the dow and dividing the gop. some lawmakers are threatening legislative action to block president trump's steel and aluminum tariffs. moves on capitol hill, moves that seem to be doomed from the start. neck-and-neck in steel country in pennsylvania. we're less than a day from
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crucial special election that "real clear politics" says is now a dead-heat. donald trump, jr., campaigning with republican candidate rick saccone. this hour we're on the ground, taking the pulse of the voters. deadly deliveries. austin residents are warned about opening packages after a third explosion in two weeks kills a teenager. local officials just wrapping up press conference. the latest on a terrifying story. melissa: markets now, dow ending down triple digits. phil flynn from cmen chicago. i want to hop down to nicole petallides on floor of new york stock exchange. another nasdaq record, nicole. >> we focus on good news. record close for the nasdaq, finishing higher. it wasn't all bad. russell small caps did well. plenty of dow winners to speak of today. coming off a big run on friday after the better than expected jobs report. less worries, easing those
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worries about wage inflation. so that is the overall feeling. but there is still some concern about trade wars and tariffs. here is what the technology, amazon, alphabet, netflix, all hit new intraday highs. two of the three finished with up arrows. i put apple in there, also a new high. big picture we saw the back and forth action throughout the day. we were up on the dow jones industrial average. up 113 points. down 183. we finished down 156. we see the back and forth. what is happening caterpillar and boeing continue to weigh on the dow. the dow was down .6%. s&p down 1.6%. shows you how heavily weighted stocks are, that you skew the index itself, last but not least, quick peek at goldman sachs. harvey schwartz and david solomon back in december of 2016 were named coceos, who might be the successor for lloyd blankfein. he is stepping down.
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one is out and that would be harvey schwartz will be retiring from the bank. that paves the way for solomon to move forward as the next ceo. we'll see. back to you. charles: nicole, thank you very much. phil. aaa warn prices at the pump going up in delves we haven't seen in years. >> consumers may seen snap back on getting to the pain. david, we're not seeing pain. we're seeing record demand. aaa is concerned that prices continue to rise. that will put a squeeze. if you look at oil prices today. they are down today. they're down for a couple reasons. one reason of the potential of poe -- opec getting out of this production cut deal. strategy and talk between iran and saudi arabia. saudi arabia wants $70 a barrel.
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iran wants $60 a barrel. how the world has changed. used to be iran wants higher prices, saudi arabia lower prices. new york fed survey says inflation is back in the picture. people are getting concerned about that. when the report came out it gave support to the gold market. gold market was lower. turned higher. all the gold traders are looking at the cpi tomorrow. back to you. david: oil down, gas up. i hate it when that happens. phil, thank you very much. melissa. melissa: bring in today's market panel. adam lashinsky from fortune and. adam, start with you. talk about the nasdaq. >> you don't always hear it in these terms but occurred to me today that tech is something of a safe haven. that is crazy. tech companies are in the global economy of course. they are affected by potential trade wars and tariffs and, bad public policy like that, but
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less so than the industrial economy. and these companies, as you know, melissa, are just booming. that is my read on nasdaq. melissa: that is very interesting. john what do you think about that? >> that is probably right. tech makes up 25% of subpoena 500 from an index standpoint. if you are going to hug the index or try to follow the market returns you have to own the largest company. apple is 4% of the s&p. melissa: adam, what does that mean for you here? as they get pushed higher they become more expensive. apple making new highs. do they have a run from here or has it happened? >> apple is the company that i pay the most attention to. you periodically see apple actually go down significantly. people get emotional about apple. they get upset they're not innovating. and too dependent on the iphone and stock trades down. they quiet down but stock trades up. they print more cash and print
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more cash. i see nothing getting in the way of that. in fact at some point in the next five years there is a big product cycle ahead of apple. we just don't know what it is. melissa: interesting. so, john, i'm one of those people, i love the idea the president thinks of the stock market as a barometer on his presidency. he is watching what is going on there. i also think this whole trade war idea is a negotiating technique and so that the fear that has been out in the market is overplayed. could that possibly be make some opportunities here then? >> yeah, absolutely. what we saw in 2017, was that volatility was almost nonexistent. with headline risk, volatility reduced into the market that creates opportunities for long-term investor returns. melissa: absolutely. guys, thank you. david: good stuff. a party divided over tariffs. president trump is signing new tariffs on steel and aluminum imports as gop lawmakers are threatening to block the plan. our own adam shapiro is live in d.c. what is the latest on this,
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adam? into well this is a fast track i have been saying today, to nowhere. support for actually changing the law is not exactly very popular on capitol hill. a lot of people on capitol hill, democrats and republicans are upset with the tariffs. there are people, democrats and republicans who think they are a good idea. get into what is happening. a bill was introduced last year by senator mike lee from utah which would give congress the final authority on tariffs, although the president would have 90-day window to impose terrorists as he has done for steel and aluminum when national security is at risk but there would be big changes that would give congress the ability and the authorization for tariffs going forward. this bill is not expected to go anywhere fast, although there are people like paul ryan who said they disagree with the tariffs, mitch mcconnell who says he thinks the president should be more targeted. here is what senator flake from arizona the could sponsor of the mike lee bill had to say about
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all of it? >> i think we're going completely the wrong direction. we need to aggressive negotiate bilateral and multilateral trade deals because we will be left behind. when we only represent over 20% of the world's economy, only 5% of the world's population if we don't trade, we don't grow. reporter: but if the mike lee bill were patsed in the senate it would have to pass in the house, the president would have to sign it, he would likely veto it. listen to what kevin mccarthy the republican leader in the house had to say about the legislation pass. >> i do not think this would pass. this is section 232. you would have to have both committees house and senate pass it. vetoed by the president, have veto oh ride, i don't think that will happen. reporter: simply put the popularity of this on capitol hill is like a pizza with liver topping. melissa: what an image. david: that's a good one. melissa getting green right now. thanks for that image. thank you very much, adam.
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here is dan mitchell, center for freedom and prosperity, with no food analogies dan. talk about the evolution what happened at the time the tariffs were pronounced by peter navarro, big protectionist behind a lot of these trades. it changed a quite a bit from the time he came out more than a week ago. let's play the evolutionary tape listen to this. >> as soon as he starts getting countries he has to raise a tariff on everybody else. >> we'll see who is treating us fairly, who is not treating us fairly. part of that is going to be military. who is paying the bills, who is not paying the bills. if we're making the deal on nafta and figure on the deal won't have tariffs on canada and mexico. we will not place any new tax on product made in the usa. david: so, peter navarro and peter ross say no exceptions, no compromise, everybody will have to pay the tariffs. then the president on thursday,
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i counted at least three exemptions, there may be more than that. what do you think of this evolution? >> i don't think navarro and ross know what they're talking about or maybe they were speaking what they wanted in their hearts but ultimately it is trump's choice because our trade law as the previous segment discussed, our trade laws gives a lot of unilateral power to the president. just because his advisors say a, he might do a minus or a-plus. i don't like what trump is doing but if he is going to do tariffs i hope he puts lots exceptions for our allies and stuff like that so he doesn't mess up nafta and trade deals good for our economy. david: although, there are a lot of things happened to nafta over the years, dan. there are certain advantages. we started out on a level playing field and now we're getting away from that. it needs to be tweaked. even some of the people at the beginning of nafta say it needs
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tweaking now. that is what the president is doing, setting up the bargaining table, if you will. >> i hope he is because you're right, there are things like cultural content and dairy in canada still have a lot of protectionism. david: there is serious stuff down in mexico dan -- >> auto industry in mexico is very protected. david: we can only bring into mexico stuff worth like 45 cents. they can bring in stuff into the united states worth over $800. right off the bat there are irregularities there. >> so, yes, if i was doing it and you were doing it, then i think we could have a much better nafta than we have right now. i'm worried though underneath everything else trump seems to think that countries should have zero trade balances with each other. guess what? goods and services and capital flows don't always balance out. david: that's true. >> i have a trade deficit with my grocery store. they never buy anything from me. david: we remember, back in the
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1980s we were growing at 4% and 7%, we had big trade imbalances. doesn't mean you can't grow with trade imbalances. when countries get free access to the united states and we're blocked or pay tremendous tariffs to get into their country, something has to be done, no? >> i agree, it would be will to use the power of the executive branch, the trump administration, to sort of bully and browbeat countries into reducing their trade barriers. and again, maybe that is happening. maybe trump is doing this -- david: that is exactly what is happening, dan. that is what this tariff thing -- maybe that is not what navarro thinks, maybe that is not what wilbur ross thinks but we do believe that is what the president thinks. look at the evolution of the talk, when navarro first came out with the thing saying no exemptions, to what we heard on thursday there will be a lot of exemptions. >> if that is true, i will gladly come back on, david and give mea culpa, i do worry trump has protectionist instinct.
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i hope i'm wrong. i hope you're right. god knows i've been wrong before on things. we'll see -- david: excuse me for interrupting you about with donald trump you follow what he does. remember what business he was in. remember how often he did business abroad. remember how he bought stuff from abroad or sold stuff to people that were overseas. this is a guy who knows international commerce very well. i will just put that as last word but go ahead. >> sometimes you're right. we got a much better tax deal than i would have predict ad year ago. david: me too. >> on the other hand trump got rolled on the spending agreement on capitol hill. we will see what happens with the trade bill. i very much hope i'm wrong. david: dan, we'll have you back absolutely. thank you very much. melissa. melissa: break news right now, amtrak announcing service will be temporarily suspended between boston and new york city tomorrow until at least 11:00 a.m. ahead of another winter storm, the third to hit new england in go weeks.
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am strack says service will be restored pending improved conditions. david: doesn't seem like there are more amtrak stoppages ever before this year. not necessarily the weather. maybe because the government owns the thing. privatize. meanwhile terror is rocking the texas capital. a teenager is dead and a woman seriously injured after two separate explosions. we'll have more on the developing story. melissa: the president is working to keep another campaign promise heading to california to inspect border wall prototypes this coming days after a big immigration clash with the state. karl rove weighs in on this high-steaks visit. david: it is extremely tight in the keystone state. it couldn't get tighter than the special election. looking at live pictures, donald trump junior is is stumping with republican candidate rick saccone in pennsylvania. his father holding a raucous rally there this weekend to try to tip the scales. we're live on the ground, taking the pulse of voters. we'll speak with the head of the
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pennsylvania gop. that is coming next. >> i really feel strongly about rick saccone. this is a very extraordinary guy. we need him. we need republicans. we need the votes. ♪ because i'm retired now. so? we're voya. we stay with you to and through retirement... with solutions to help provide income throughout. so you'll still be here to help me make smart choices? well, with your finances that is. we had nothing to do with that, uh, tie. or the suit. or the shirt. voya. helping you to and through retirement. (vo)intelligent technology one can help protect it.life. the 2018 audi q5 is here.
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melissa: breaking news out of austin, texas. police are investigating three separate package explosions. a teenager was killed and a woman seriously injured after a pair of explosions rocked homes in austin earlier today. two weeks after a separate blast which authorities say is linked to at least one of these incidents. atf special agents and explosive enforcement officers are on the scene. officials are warning residents to being vigilant when receiving any unexpected packages.
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call 911 if anything seems suspicious. david: republican congressional nominee rick saccone and donald trump, jr., are right now meeting with volunteers and servicemembers at a fire station in pennsylvania. they're in the midst of that crowd. you can get a glimpse of them every now and again with just one day of campaigning in the hard-fought special election for the house seat in the state's 18th district next to pittsburgh. on saturday i spoke with candidate saccone. here is what he had to say about his opponent in the tight race. >> my opponent loves to shine the shoes of union leadership. rank-and-file members voted for me, they supported for me in my house races. they will vote for me because they know i bring back jobs. david: here with the latest from the race, from carnegie pennsylvania, fox news correspondent molly line who has been following this. hi, molly. reporter: hi, david, this has been a great race to follow, very competitive, very close contest, one to watch all across the nation, certainly a lot of
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voters watching this race as well because there is tremendous amount of advertising on tv you mentioned donald trump, jr., is in town that is true earlier this morning. he had a chance to tour a candy factory with the representative he would like to represent, rick saccone. here is what donald trump, jr. had to say on the ground. >> he is doing a great job. he will support the things that my father is doing. he is a real conservative, fight for america, help push through this adenda. reporter: saccone welcomed the family patriarch, the president himself, for a big rally at a airport hangar. the president spoke over an hour. a lot of topics, talk about steel tariffs and enthusiastically backed saccone, who had a chance to step up to the mic. take a listen. >> president trump is in your corner. how could you be lose? the best man to have in your corner. [cheering] reporter: the president also making the case for saccone in a
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tweet tweeting, pittsburgh post gazette endorsed rick saccone for congress much better for steel and business and very strong. lamb will always vote for pelosi and dems will raise taxes weak on crime and border. democrat contender, conor lamb, former prosecutor and marine corps veteran rallied joining united mine workers for a get-out-the-vote event. lamb pulled support by carpenters and steelworkers, supported by the afl-cio the largest unions in the state. he vowed to back coal miners in retirement and push back against republican. >> i'm proud to support the american miners act. i do not believe these are entitlements or north form of welfare. reporter: to give you a idea how hot the race is, a lot of big names stopped in. donald trump and donald trump, jr.
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vice president biden stumped for lamb and kellyanne conway, counselor for the president, stopping here for saccone. plenty of attention, voters ultimately make the decision tomorrow. it's a big race. david: molly line, thank you very much. melissa. melissa: here is the chairman of the republican party of pennsylvania, val degiorgio. thank you for joining us. democrats are claiming victory, making it this close in a place that is such trump country where republicans should be winning they're really having a terrific showing. how do you respond to that? >> they can have all the moral victories they want. they have had a few but no special election victories. we think we will have a big victory for saccone. he is part of a party that are against tax cuts which are permeating throughout the state and nation. we have the better message and candidate who better represents
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southwest pennsylvania. melissa: he has done everything he have can to distance himself from the party. promised to be a completely different person. all politics is local. maybe the voters believe him? >> chameleon conor is trying to have it both ways. on one hand he runs away from nancy pelosi. takes her money. supports the statement tax cuts are crumbs for workers paychecks. pro-life issue, very strong in that district, tried to have it both ways against a bill abortions after 20 weeks, like most of the civilized world does. he tries to have it both ways on number of issues. he is part of the party against what makes communities like southwestern pennsylvania, made them have problems. part of the anti-coal agenda that his democratic party supports in southwest pennsylvania. melissa: he used the phrase, conor the chameleon. you know the president prefers lamb the sham. which one do you think works
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better? >> i like them both. i chameleon shows whatever he is needs to be in the in front of the crowd he is talking to. rick saccone has experience, he has a great resume', international diplomacy, someone who fought in our military, has been in counterintelligence and served as state legislator. he has the right values for southwestern pa. melissa: when it is something tight comes down to voter turnout what are you doing as the party to make sure the turnout happens for your candidate? >> we have hundreds of volunteers on the treat today. we've had them all weekend, knocking doors. we made about 180,000 phone calls. 25,000 door knocks in very short amount of time, this compressed election schedule. so we're -- we have three or four different groups, redundant doing the same thing. we're making sure we're leaving no stone unturned. >> thank you so much. good luck tomorrow. >> thanks. david: there is another race that is heating up, the one to replace president trump's chief
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economic advisor gary cohn. who are the candidates and will trade tariffs be the prime factor in who is chosen? coming up dan henninger from the "wall street journal" is here to respond. plus keeping our schools safe. new details from the president's plan. >> the president wants to see congress act now, take these steps today, and then let's look at what we can do as next steps beyond that. ♪ copd makes it hard to breathe.
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david: rolling out a school safety plan. the white house unveiling its strategy to combat school violence in the wake of last month's parkland massacre focusing on goals it can accomplish right now. here from the white house with more is blake burman. hi, blake. reporter: the white house is pushing back on the notion that president trump backed off some of the tougher talk that he had in the immediate aftermath of the parkland shooting. the white house though unveiling its set of policy proposals to
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keep schools safe. what is beginning with actually is in the white house's framework. the president talked about hardening schools. that is certainly in this. grants from the department of justice to help states with funding, to trained armed personnel within schools. it calls on states to pass risk protection orders. that would allow a temporary removal of a gun from someone deemed a threat. it calls on congress to pass an expanded background check bill and full audit of the fbi tipline. however it does not advocate at least at this point for raising the age for which some guns can be purchased from 18 to 21 years old. you will remember in one of those listening sessions the president looked at a republican and democratic lawmaker, asked what was in their bill, whether or not raising the age of 18 or 21 was in their bill, told them, do not be afraid of the nra the press secretary sarah sanders saying at this point the
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white house is pushing forward with items that have bipartisan support. >> he hasn't backed away from these things at all. as i just said, they are still outlined in the plan but he can't make them happen with a broad stroke of the pen. you have to have some congressional component to do some of these things and without the support it is not as possible. reporter: on this issue after least vouching for raising the age of some gun purchases rather from 18 to 21 years old, the white house says, keep in mind, in most case as states issue. it also says they will put forth a commission to study this issue but over the weekend president trump himself in a campaign speech in pennsylvania talking about commissions says they sit down, they release a report, all they do is quote, talk, talk, talk, talk. david? david: you know i can't help but thinking of that father that lost his daughter at parkland this, is not about guns. this is about school safety. keep the guns away.
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i talked to him over the weekend, he says, keeping guns away from the discussion for now. blake, thank you very much. melissa. melissa: at the white house the president trump honoring the world series champion astros. the astros defeated the los angeles dodgers in seven games to take home the first-ever world series title. the win hit home for the city that is still grappling with the impacts of hurricane harvey at the time. good for them. david: whispers of 2020. will another republican try to challenge president trump? karl rove is here to discuss that. plus north korea staying tight had of lipped about a planned meetinging with president trump. rebecca hine rings. >> who knows if it happens, it doesn't happen. i may leave fast or may sit down to make the greatest deal for the world and for all of these countries, including frankly
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david: hoping to make a deal. president trump planning to meet with north korean president kim jong-un. the commander-in-chief sounding positive about the prospects of peace with the rogue regime. take a listen. >> we've been very strong and very vigilant and now lots of good things i think will happen,
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but we'll see. i think it is time and i think we've shown great strength. i think that is also important. david: here now is rebecca hine rings, senior fellow for national security at the hudson institute, specializing in arms control and non-proliferation. she thought a lot about all this rebecca, good to see you. there is a main question haunting me all weekend, i have been thinking about this, do the north koreans want peace as president said or are they biding time until they come up with a missile to hit us in the u.s.? >> you know i tend to gravitate towards the latter of the two options. i'm very skeptical that the north koreans are being sincere but i am very encouraged they're even willing to talk supposedly. the north koreans have been very quite as leader kim jong-un wanted to sit down with president trump and wanted to talk about denuclearization. that is something the north koreans never want to do, would
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not oppose drills between the u.s. and south korea. and that the united states would keep up the maximum pressure campaign while all this happened. those are major concessions, and they wouldn't test missiles or nukes during the talk. i'm still skeptical and way too early for taking a victory lap. but the trump administration deserves credit for how tough they have been. david: the things they are suggesting, just the meeting itself never thought it could be done before with previous presidents but some folks say that kim doesn't deserve a meeting with a man of this stature. when a totallian leader sits down as equals it dignifieses the dictator, not the democrat. what do you think? >> we're not dignifying him.
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president trump has been very clear about the human rights abuses out of kim regime. made it very clear during the state of the union address. as long as we have maximum pressure campaign, and as long as president trump refuses to meet kim in north korea. that would be a major propaganda boon for the kim regime. i don't think president trump would do that, if we do it neutral ground or the united states on our own terms, we're playing a strong hand from position of strength. i understand some of the complaints about that. listen, kim jong-un is the only one that can make a decision about this. since president trump is willing to go all the way to the top, he does deserve credit going for the negotiating route, demonstrating he is willing unless kim is will be to be belligerent here. david: rebecca, i have a simple question for you. he killed his uncle, had his brother poisoned, i wouldn't
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shake hands with this guy? >> you know, the old ronald reagan trust, but verify i would say don't trust and verify. so this is going to be one of the situations where there will be maximum security, again, might not even happen, but if it does happen, super high security. we'll take president trump's security and his safety very, very seriously. but again, as long as president trump is willing to walk out, as soon as kim make as demand u.s. forces get out of south korea or the united states needs to denuke if they denuke, any of those ridiculous demands, president trump needs to say. i gave it a shot. you're not serious. military force still possible. pressure campaign still stays. david: it is saying. the president is not taking his foot off the neck of the north korean leader at all. all the maximum pressure will remain throughout these negotiations. we'll see what happens afterwards. rebecca, thank you very much. good stuff. i appreciate it. >> thank you. >> naming the culprit.
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british prime minister theresa may said it is highly likely moscow is the behind the public poisoning of a ex-russian spy and his daughter. may addressing members of the parliament said a deadly nerve agent, a type developed in russia was used in the march 4th attack in salisbury, england. russia denies the accusation. david: of course. replacing gary cohn, who will be the one? leading contenders who could take on the role as president trump's chief economic advisor. dan henninger of "wall street journal" has ideas of his own. he will join us coming up. index investing for that low? that's three times less than fidelity... ...and four times less than vanguard. what's next, no minimums? ...no minimums. schwab has lowered the cost of investing again. introducing the lowest cost
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he is also a fox news contributor. aren't we lucky? who is mr. little and why isn't he a good candidate according to you guys? >> he is a former auto industry executive, has some roots in new zealand, and gave an interview in new zealand newspapers not too far back, that the area of unrestrained free markets is over. we have to wonder what kind of economy mr. little has been living in because what donald trump has done here in in the past year, with help of former head of national economic counsel is liberate free markets in the united states threw the deregulatory policies that they have enacted. david: absolutely. >> mr. little sound like he would be much more in favor of perhaps reimposing some of those regulations. i think that puts him at counter instinct where trump wants to go now. david: seals like you're saying he is small-minded. we have one candidate, we have full disclosure, have to admit we've known the guy for decades,
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larry kudlow. that evil cnbc, business network, the less said the better, the guy sees big picture, always sees the big picture, frankly had a lot to do with the tax cut plan. >> david, it is true. we know larry kudlow. i know him going back to the reagan tax cuts. he wrote a wonderful book about the kennedy and reagan tax cuts. fortunately i did not cover the kennedy tax cuts but we were around for the reagan period. larry understands the purpose of tax cuts and he understands deregulation and in that way i think he understands donald trump, the president. spent a lot of time with him during the campaign. david: new yorker, fellow new yorker. >> a lot of conversations with him. i think he understands where the president wants to take the economy and where his economic policies will like to lead. what is more, the president has said he likes diversity, he likes conflict. he like as range of opinions. i think that job, the one that gary cohn vacated would seem be to the spot to have someone who
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will criticize some of the things they're doing, that would include tariffs. larry understands you win some, you lose some. he would argue, i don't think he will back from the opinion on tariffs but understands this is what president wants. david: the president modified his tariffs position over last couple days. the market improved. it was a split decision today. it was huge gain on friday and on thursday when he began to announce there would be exceptions to the tariffs and saw the market improve and ended the day up. if peter navarro takes the place of gary cohn, my own suspicion the market will take a dive. what do you think? >> i think probably would too, in no small part the president's modus operandi, decisions first, details later. the decision on tariffs has to be implemented. he said robert lighthizer the
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trade rep would do it talking to european june and japanese. i don't think peter navarro came up with the idea for these things though navarro's original interest on china. i don't think peter navarro is quite appropriate to put into a policy position to implement the broad range of president's policies. david: he is non-negotiation guy. he said no exceptions talking about it putting it out there at the beginning of this month. now of course we know there are exceptions. >> there are exceptions but the thing about larry kudlow, kudlow is an honest broker. he is forthright. you know where he is coming from. if he has to negotiate a position among factions inside of the administration they can believe that larry kudlow will represent their views honestly. that is important right now. david: dan, great to see you. thank you very much. melissa. melissa: go, larry. challenging trump in 2020. jeff flake is calling for a republican to run against the commander-in-chief.
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what could that mean for the republican party? karl rove, former senior advisor to president george w. bush, is next. actually, we just handled all the priority threats. you did that? we did that. really. we analyzed millions of articles and reports. we can identify threats 50% faster. you can do that? we can do that. then do that. can we do that? we can do that.
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whether you're on medicare now or turning 65 soon, it's a good time to get your ducks in a row. duck: quack! call to request your free decision guide now. because the time to think about tomorrow is today. melissa: calling for a challenger, republican senator jeff flake responding to a question on "meet the press" about president trump's possible re-election and whether he should face a republican challenger. >> yes, i do. >> okay. >> i do. it would be a tough go in a republican primary. the republican party has, is the trump party right now but that is not to ait will stay that way. melissa: hmmm. here now is karl rove, former senior advisor to president george w. bush, fox news contributor. i will ask you right out of gate, what is your take on that? >> well, i think a little bit of might be sour grapes from senator flake, who i know him well, good man but, obviously
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bitter about facing re-election battle in which he was opposed strongly by pro-trump forces in arizona and unlikely to win either the nomination or the general election as a result. having said that, look, let's be honest, governor john kasich has been running from the moment that he refused to give his welcome speech in cleveland, ohio. melissa: that's true. >> it is the rare republican president who escapes a, you know, about half the time they get somebody runs against them. richard nixon had somebody in the 1972 re-election campaign. obviously a little bit different circumstances but gerald ford had a primary in 1976. in 1984 president reagan avoid ad primary challenge but in 1992 george w. bush had one. 43 didn't have one in 2004. but half the time in the modern era there is something who challenged the incumbent republican president.
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democrats have a similar record. challenger in 1980 to jimmy carter. nobody obviously for president obama. so it is likely -- melissa: you know what the president would say to that, lead up to this election, hillary clinton only had one opponent. it was somebody who looked like he had no chance, came from out of nowhere and almost crushed her. the president had this huge field chasing him and all along the way people thought that would damage him as he got into the election and republican that won would enter so fractured. we all know how it turned out. i don't know, maybe competition brings out the strength? >> well, competition does bring it out in the initial election. i think political scientist was argue if a president is challenged in his re-election seriously like for example, in 1992 george h.w. bush lost a couple of early primaries to pat buchanan, that is a real problem. obviously the 1980 election where jimmy carter faced ted
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kennedy right up to the convention itself was a problem for the sitting incumbent but look, we don't know what conditions are going to be like here in 2 1/2 years. melissa: yeah. >> we can say this, that president trump would be damaged if somebody ran credibly and got 15 or 20, or 25% of the vote consistently, because in essence making arguments that would allow democrats, if they were smart to pry some of those republicans or soft republicans away. the second thing is if president trump doesn't have the ability to use the main argument that incumbents generally use to avoid a challenge, that is to say party loyally. president trump did not support george h.w. bush, in, in 2004. he supported john kerry for president. i like bush tax cuts but that was yesterday. i agree with kerry on iraq war. that is today. within a year-and-a-half after the 2004 election president trump, excuse me, two years after the 2004 election, then
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mr. trump was calling for bush's impeachment. so he can't say, look i'm a long-time republican. melissa: yeah. >> party loyalty, party loyalty. he will have to make, if he does get a challenge from kasich or flake or somebody yet to be named will have to make it based on the record and his issues. melissa: before we leave, ask but the trip out to california, is that good optics? what do you think he should do there? what do you think he can accomplish? >> it is good that he visits the west coast but the main purpose of this, he has an event. i'm sure he will end up talking about sanctuary cities. melissa: yes. >> but the main purpose of this is to raise money for the republican party. this is one of the jobs most presidents find own onerous, to raise money but in this election and every election the president advantage to raise money is one that the incumbent party has and the president will need all the help they can get. melissa: from the looks of it he
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loves doing it. >> he does. whether a rally or private reception he loves getting in front of friends. melissa: karl, exactly. thank you. >> you bet. david: it shows. melissa: it's a lucky asset to the party, but for other people it is torture. he loves it, raising money for party. david: makes him stronger. the race to mars, elon musk's ambitious timeline for flights to the red planet. we'll tell you how to get on board. ♪ for mom,
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melissa: all right. this is fun. elon musk predicting that his mars spaceships will be ready for mars flight next year. david: but warns it comes for a little bit of a risk for the first travelers. listen. >> people that go to mars, it will be a lot more dangerous -- i mean, really, it's like antarctic
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explorers. difficult, dangerous, good chance you will die. david: you may be stuck in space. i love that. melissa: you probably won't come back. david: well, why doesn't he go? melissa: i don't know. i mean, i guess that's the risk and reward there. starts now. david: oh, nice. >> we received multiple calls regarding an explosion that had taken place at a residence in the 6700 block. a few of those calls indicated that there was a victim that had been injured in this explosion. the victim in this incident came outside of her residence and found a package out front, and she picked that up package and at that point the explosion, the box detonated at that point. this, again, is the third in what we believe to be related incidents that have occurred over the past ten days. and similar to what we have said in the earlier instances, we want the community to be aware of what is going on. because, again, based
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