good etf for people to look at when if he want broad davided commodities exposure. [closing bell rings] liz, tom, good luck to you. stocks ending off the lows but we don't see green, folks. that will do it for the "claman countdown." david: fighting bad news with north korea with good news about the economy. the dow off session lows. looks like it will settle around 75, when it had been down more than 280 points earlier after the bad north korean news. s&p, nasdaq, also closing slightly in the red. hi, everybody, i'm david asman. melissa: i'm melissa francis this is "after the bell." we have more on big market movers. here is what else we're covering in this very busy hour ahead of us. the summit is off in case you didn't hear. president trump canceling next month's meeting with north korean leader kim jong-un after the rogue nation made threatening comments against the u.s. a top white house official,

says north korea was a no-show at a key meeting in singapore last week. that makes a lot more sense. so what happens now? we're covering it with all angles with the latest developments and reaction from new york, to washington, to seoul, south korea. the other big story we're following this hour, the fbi and the justice department holding a confidential briefing with house and senate intel leaders of both parties on details surrounding the informant in the trump campaign. you know they were just protecting him. what we know now. david. david: it is explosive. meanwhile let's get back to the markets. the dow recouping a lot of today's losses with general electric, nike, mcdonald's taking the lead. let's go straight to nicole petallides on the floor of the new york stock exchange. nicole, we were bracing for the worst after the north korea news but it recovered. why? >> we actually sold off to your point. we were down 280 points but this

market has been somewhat steady one. we heard words from president trump himself basically saying that, it is not over. maybe there will be a chance to speak again in the future, but that this particular meeting is off. he also gave a stern warning as well. let's look what happened here. you can see that the s&p 500 finished down 5. dow down 75. nasdaq is down one. we saw a surge in gold interestingly enough. gold moved higher. stocks, oil, dollar pulled back. the defense stocks, these were stern words i was talking about, president trump spoke to defense secretary jim mattis, basically they don't want a reckless act against north korea. in fact our military is the most powerful in the world. guess what? all the aerospace and defense stocks got a nice big pop on that. you can see northrop grumman, raytheon to name a few. last but not least, best buy, down 6 1/2%, strong earnings, good comp sales, weakness in

online growth. it slowed. investing in price matching and delivery. that weighed as well. the dow is down 75 as we close it out but a winning week so far. david: good stuff, thanks, nicole. melissa. melissa: not happening at least for now. president trump canceling the june 12th summit with north korea citing recent change in hostility or increase in hostility from dictator kim jong-un. with more on the major development from the white house is blake burman. we're getting a lot more details, blake? reporter: we wrapped up a briefing with a senior white house official who tells us the president convened a meeting with hess national security team earlier this morning which the final decision was made. according to this senior white house official the president dictated every single word of that letter that was released a letter written directly from the president to the north korean dictator kim jong-un. in it there were some pleasantries, an open hand. the president saying there had been a warm dialogue between

both sides but the president also making it clear that the north koreans can not compete with the united states military might. he then went before the cameras a couple hours later and had this warning for the north koreans. >> i've spoken to general mattis, and the joint chiefs of staff and our military which is by far the most powerful anywhere in the world. that has been greatly enhanced recently, as you all know. is ready if necessary. reporter: now the south korean president moon jae-in, who was here at white house two days ago for a strategy session for this upcoming meeting that was supposed to happen on june 12th said he was perplexed with the decision and called it regrettable. nancy pelosi back here in washington, d.c., contends that the president simply was not prepared. >> it is clear he didn't know what he was getting into, now walking away from it in this

chummy, pal sy letter, kim jong-un is the big winner. reporter: white house is painting much different picture. they say several promises broken by the north koreans. for example this senior white house official telling us when mike pompeo went over in his last visit and met with kim jong-un, there was a deal in place to have north korean officials and top american officials meet in singapore last week to plan this out, talk about the agenda, talk about the logistics. according to the white house, the american side of this waited and waited for days and as senior white house official puts it, quote, they stood us up. melissa: yeah. reporter: there was this statement last night overnight, rather, i should say from the north koreans which they called the vice president, mike pence, a political dummy. the senior white house official saying, that was quote one of several pretty odd judgment calls. melissa? melissa: yeah, interesting. blake, all right. we knew there was a lot more to

it. david,. david: let's bring in today's market panel. gary b. smith, kadena group and heather zumarriaga, vision four vice president. gary, what is weighing most on markets the role of china might have have played for this or counterreaction what thine is doing. we got word exactly what the president's concerns were about china's role in north korea, throwing a monkey wretch into the whole summit idea on tuesday. let's play the sound bite. >> i will say i'm a little disappointed because when kim jong-un had the meeting with president xi in china, the second meeting, the first meeting we knew about, the second meeting i think there was a little change in attitude from kim jong-un. i don't like that. david: he doesn't like that. gary, i'm wondering if china is going to pay a price? >> you know what? i don't think so, david. i think the bigger takeaway here, i saw today, not the

action but what the president did as bullish. i was very surprised the market sold off for one reason. we have the first president in what, 10 years, that actually draws a line in the sand and sticks to it. i think the takeaway is, this is a president that will not be pushed around. every one thought north korea was pushing this president around. oh, they agreed to the talks. then we'd have to give them something to just keep him in the talks. the president said no. we're not going to do the talks. that's it. i think that same attitude applies with china. i'm not particularly happy, i don't think anyone is with getting into a trade war. that is secondary to a president living up to his word and not being pushed around. david: right. >> i think it all will be resolved in our favor, not north korea or china's favor. david: there is an optimistic view. heather, you also have an economy that can't be beaten down. we got word today of median household income rising to levels we've never seen before. it went from 59,471 in

january 2017 when president took over to $61,483 last month. that's a huge jump. >> yes, the economy is on fire, despite all of this tough trade rhetoric, david, but i do expect the markets will continue to be volatile. although they sold off today, on pulling out of the north korean summit i think that is because if you believe we stopped, halted trade talks with china because we wanted china to help us with the north korea deal, then that makes sense why the markets would sell off because they're not quite sure if the tough trade rhetoric with chinese tariffs will come back to -- david: quickly, heather, they were selling off to the tune of 288 to the downside. ended up 75. that was a comeback. >> that was all you, buying david, wasn't it? buying at the close talking up the market. david: exactly. >> we need a little optimism. end of the close they did come

back. melissa: okay. president trump threatening to slap tariffs on imported cars. auto industry up in arms over this. jeff flock following story from west month, illinois. what are automakers saying. reporter: automakers joined with congressional republicans pushing back. bob corker from tennessee, saying dangerous course. roger williams, our friend on fox, republican from texas saying this will push up prices to american families. take a look at the numbers. yes, there are a lot more cars imported into the u.s. than we export out of the u.s., three times more. that is part of what drives the administration thinking on this but pat too many any, the senator from pennsylvania, has a problem with the way the president is reasoning on this. imposing tariffs under false pretense of national security invites retaliation. where are the cars coming from?

largely if you look at it coming from nafta, canada and mexico. many of those are u.s. automakers being made in plants down there. 80,000 plus coming from nafta. japan, a lot of cars come from there, as well as germany. we're at a mercedes dealership in the suburbs. they point out at mercedes they already make a lot of cars in the u.s. they sold 375,000 last year. most of those, about 286,000 came from u.s. plants. lexus on the other hand sold about 305,000 cars. most of them came from japan. only 50,000 made here in the u.s. the es is the model they make here. audi told 226,000 cars in the u.s. none of them came from the u.s. i leave you with a tweet from toyota. they have more plants here than any foreign automaker. they say we have 10 plants, 136,000 employees and 1500 dealers contributing to local economies. tariffs on auto imports could

hurt american jobs and raise prices. most people think, yes it would raise prices. some people argue that is a price you have to pay for creating u.s. automaker jobs. now we're almost at full employment. but i leave you with that thought. melissa: jeff flock, thank you so much. let's bring gary and heather back. gary, i got to wonder, for how long will people continue to fall for this? it has gotten to be so predictable. talking about national security. i'm going to do it. not going to lit the cars in. he always waves the stick around when nafta negotiations are not going well. i appreciate it. he is a tough negotiator but hysteria why this doesn't make economic sense. why does, help me. how do people not see what is going on? >> he is the original fire, ready aim, president. i look, i support him in many areas. melissa: he doesn't actually fire. he is just saying it.

he doesn't do it. >> he fires off his mouth. melissa: okay. >> i agree this is just, this is a goofy one. i mean first of all, ironically the auto industry hasn't even asked for these tariffs. of course the uaw loves it somehow. but they are, you know they're thinking if they're going, this is the president's push to create auto jobs. it is not the president's responsibility. and as jeff said and you know quoting toyota, it is obviously going to raise prices. we're importing nearly half our cars here. oh, by the way, almost 99% of those cars have american parts in them. so you're really, you're hurting the consumer on one end and hurting the people that make those parts that go into those cars. i think this is just a lose-lose but i think you're right. i think you're right, at the end this is yet another one trump will say, what was i talking about? i'm not going to do that one to the next topic. melissa: negotiating for a new house. then i will stand up and say you

know it, i don't need to live in a home anyway. forget it. forget it. i walk away from the table. she might be crazy enough to sleep in her car for a while because she doesn't want to pay the prize for the house but they have to believe, you know what? we don't need cars. forget it. >> i think that this is what the president is good at. this is how he wrote the book, "the art of the deal." this is how he negotiates. i think it is a tactical approach. it is not a long-term strategic approach and honestly this, is my opinion, might be a ploy to target mexico into accepting, accepting renegotiating terms under nafta. so japan and germany may be excluded in end but he is protecting american jobs as well. we don't know. we don't know. melissa: does it work? gary, heather,. david: it's a ploy, it's a ploy. breaking news. disgraced hollywood producer harvey weinstein is expected to surrender to authorities

tomorrow and will face charges for alleged sexual misconduct in connection to at least one accuser. these charges stemming from a investigation right here in manhattan by the new york district attorney's office and the nypd. this all according to "the daily news." we'll keep you updated on that. melissa: wow. getting to the bottom of "spygate." top fbi and justice department officials briefing officials on details surrounding the informed in the trump campaign. the latest on the briefing from washington. plus "judicial watch" president tom fit -- fitton, if there was a political spy in trump's campaign it could be worse than "watergate." he will join us coming up. david: south korea pretty much scrambling, seeming caught unaware by the president's announcement that he was pulling out of the u.s.-north korean summit. we take you live to seoul, south korea, for more how the big news is playing out there. that's next. >> i believe that this is a tremendous set back for

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david: calling off a planned june 12th summit with north korea. president said this missed opportunity is quote a truly sad moment in history. there are reports that south korea was kind of taken off-guard by the announcement. here live from seoul is our own greg palkot. greg, how are they reacting over there? reporter: hey, dave. it is early friday morning here in seoul but, yeah, the south korean government has been burning the midnight oil, and yeah, they have been taken a bit aback by what president trump had to say about that planned, now unplanned summit with kim jong-un. south korean president moon

jae-in urging direct talks again between the president and kim jong-un saying, and this is a quote, denuclearization can not be delayed and abandoned. he seemed a bit blindsided. he was perplexed from the white house message, calling it regrettable. he had spoken to south korea and japan about new military preparedness in the region for any antics coming from pongyang. you have to believe, david, that is the last thing the south korean government wanted to hear. they had been working tirelessly in last couple months to come up with a diplomatic solution to this crisis. remember president moon and kim jong-un met in their own summit last month. the tough word coming from pongyang, a statement about a nuclear to nuclear showdown if a meeting couldn't happen. so far at least we have not yet heard from pongyang with a reaction to the latest message from president trump.

one more note. this was supposed to be, thursday, was supposed to be the banner headline day for another event, the dismantlement in the northeastern corner of north korea of their nuclear test site. the government brought a hand-picked bunch of foreign reporters there. they observed explosions and tunnels and portals. they said it was quite impressive. they are waiting for pictures. they're taking a train down from that site. remember the north korean government did not include any international axe perts, and observers. this was seen as pretty much a pr measure before the north korean summit. there may be a little buyers remorse, david. back to you. david: greg palkot burning midnight oil along with the south korean government. thank you very much. appreciate it. melissa. melissa: peter brookes is a senior fellow for national affairs from the heritage foundation and harry kazanis we

wanted to have you back on the show because you said this meeting would fall apart by 3:00 a.m. on friday morning. your timing was pretty good. did you knee they didn't show up last week for the meeting in singapore between north korea and u.s. in order to talk about some. details or you felt that way from the tone? >> honestly i felt that way since last week, melissa. forget all the statements about, you know, north korea making veiled nuclear threats last night or them upset about the libya model. forget all the talk. the fundamentals are very clear here. the north koreans did not have any intention to denuclearize or put that on the table. the trump administration was very clear what they wanted from the beginning. some sort of pledge to denuclearize, probably having some sort of inspectors on the ground to make sure that happened. very clear, melissa, both sides are too far apart. you can't have a summit if they

can't agree what the terms are or the agenda is. that is what killed this. it is very clear. melissa: peter, do you agree with that? >> yeah, the conditions weren't right. a number of things that harry mentioned. the technical things how north korea defines denuclearization. they really wanted it not to be unilateral. it would be multilateral. there would be global arms control. they wanted to say that the nuclear, korean peninsula had to be nuclear free, which meant u.s. would have to arm its intercontinental ballistic missiles for use on the korean peninsula or use at other foes. it had a lot of problems. the change towards the harsh rhetoric of pongyang as quick as they moved towards the charmed offensive. i don't think diplomacy is dead yet. this meeting won't take place. the ball is now in the north korean court. daybreak is coming on the korean peninsula. we'll have to see what tomorrow brings. melissa: harry, do you think

this was over? this was a test would president trump pull the plug on the whole thing, he would get criticized. he is about the outcome rather than how it looks. other administrations, look at the iran deal who would have continued to rush ahead with meeting, just to save face. he is saying, no, i'm serious about what i actually want. the north koreans seem like they're tempted. they need the money. they look like they want to be welcomed back into the rest of the world. do you really think this is over or this is a pause? >> i think the next 24 hours are key here, melissa. if the north koreans don't put out anymore crazy statements, they try to do some quiet diplomacy, they might be able to get the trump administration back to the table. but if we wake up tomorrow morning to more, you know, bombastic nuclear rhetoric i think there is a very possibility that the north koreans then start testing missiles. we're back to the brink of war again. i don't want that to happen but it is possible. melissa: gentlemen, i don't know if either wants to make a

prediction, because david and i instantly this morning the moment the meeting was canceled, you got to get harry ka-zinis on our show the exact time. does anybody want to make any predictions will there be a meeting? do you think it will happen by june 12th? do you think we'll have one this year or do you think we'll never hear about this again. peter what do you think? >> i don't think there will be a meeting on june 12th. i think there is a possibility after that but north korea will have to come around. i think our side was ready to meet. melissa: yeah. >> there is a possibility. but i think the administration is it doing a right thing by dig its heels in on these conditions. melissa: hearry, real quick, prediction. >> no meeting. north koreans start testing missiles within 30 days. melissa: whoa!. thank you. gentleman thank you. we'll save the tape. david: i thought harry had a spy in the oval office. he hit it right on the button. melissa: pretty close. david: speaking of spies, a political mystery but not for long. how and when did a fbi informant

embed himself is in the trump campaign? congressional republicans and democrats may be close to find out. tom fitton from "judicial watch" here to. democrats throwing some shade at president trump for calling off the meeting. >> the lack of preparation was not taking place. the art of diplomacy is a lot harder than "the art of the deal." ♪ar commitment to you. fixing what went wrong. and ending product sales goals for branch bankers. so we can focus on your satisfaction. it's a new day at wells fargo. but it's a lot like our first day. wells fargo. established 1852. re-established 2018.

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melissa: fbi and justice department officials meeting with a group of bipartisan lawmakers on capitol hill today. fox news correspondent mike emanuel following the developments. mike what happened? reporter: melissa, good afternoon to you. most lawmakers have been very tight-lipped after receiving a briefing from top justice department officials whether a mole was inserted into the 2016 campaign of president trump. house speaker paul ryan put out a brief statement essentially

defending the house intelligence committee conducting oversight of the executive branch. quote, inherent in the committee's work is to ask tough questions of the executive branch. why we insisted and continue to insist on congress's constitutional right to information necessary for the conduct of oversight. south carolina senator lindsey graham says officials from doj and fbi have some explaining to do. >> not a good reason but that is pretty unusual to have an investigation of a nominee of a political party during the political season. we need to make sure there are checks and balances and there was good reason. reporter: wisconsin republican senator ron johnson says ultimately the american people have a right to know. >> there are serious questions that need to be answered. from my standpoint the top priority of this investigation is to reveal to the public exactly what happened, so we can restore confidence in the fbi and department of justice.

reporter: the senate democratic leader attacked the house intelligence chairman devin nunez wanting to have this briefing at all. >> when one party representative nunez, who so clearly wants to distort national security information for partisan purposes, asks for a solitary briefing, there shouldn't be a briefing at all. our preference would still be for the justice department to cancel the briefing today. reporter: house democratic leader said it would be better to cancel. >> today there will be a very unacceptable, inappropriate meeting of intelligence briefings, to the republicans, which have the possibility of aiding the president's defense of his investigation. reporter: california democrat adam schiff says nothing he heard in the briefing changed his view that a spy was not inserted inside of the trump campaign. melissa. melissa: that is shocking.

mike emanuel, thank you so much. david: here is tom fitton, "judicial watch" president. tom, start right there. after a, day after jim clapper, i don't know yesterday or two days ago said on "the view," essentially admitted there was somebody there, we can debate informant or spy but adam schiff is still claiming nobody was there. how does he do that? i don't understand? >> they're parsing words. they're using the clinton approach to word parsing. depends what the meaning of spy is. david: yeah. >> all these democrats, all of these obama officials are confirming, they're running an informant, running a spy against the trump campaign. their justification we did it by the book, we did it by the rules. no one buys that. that is why devin nunez is pushing hard for this and trey gowdy are pushing hard for this. what is remarkable about this, you hear the democrats attacking republicans, that is par for the course. the justice department has been undermining the oversight of congress completely over the last year. david: absolutely. >> republican-run justice

department attacks devin nunez and his oversight investigations repeatedly. i guarranty you they didn't give him enough information today and still there are documents they're with holding, fascinating yesterday to see the tension between rod rosenstein, a same conference that president trump was at. they were trying to bury all of the antagonism between the two. it was clear it still existed. let me talk about president obama here, whether you want to call him a spy or an informant, cot fbi implanted this person into a presidential campaign without some kind of a approval or at least knowledge by the sitting president who was obama? >> the president was briefed on the dossier. you can bet he was briefed on this operation against the campaign, especially given its sensitive nature. president obama should disclose what he knew about that. you're assuming that the fbi was running them. i don't know if that is true. what was the cia's involvement?

the defense department was providing him money. was the defense department involved in this? there is lot of questions that need answers to. david: there is a question of timing and when this informant was implanted. i can see relationships between this informant and people like carter page or others that were approached by him going way back to before that papdopoulus meeting with the australian ambassador that was supposed to set all this off. >> look, an informant is someone already on the inside or friendly with folks to provide information in the ordinary course. they run into things. they tell the fbi, cia, look what i ran into. a spy is someone you send in to get information and bring it out. david: right. >> that is what this person was doing, mr. halprin looked like. he was paying one of the sources, one of the targets to try to cement a relationship. obviously throwing out opportunities to, carter page in

terms of meetings, reaching out to him repeatedly this is a spy information, no matter how you slice it. "spygate" is charitable way to put it. i think there are crimes that took place here. david: tom, we have only couple seconds. peter strzok made essential role in all of the investigations, hillary es and trump investigation, there were a lot of texts between him and his lover at the fbi, lisa page that went missing. it was a critical time, december 2016 is after the election to may 17th, 2017, the day that mueller was appointed. are we ever going to retrieve those texts? >> the ig if i recall found at least some of them. this is why we need full disclosure about all the text messages. we're in federal court trying to get answers. the fbi won't be giving us a report as to all the text messages they found, if they have their druthers until 20 to. look the president -- 2020.

the president needs to intervene so we get answers to appearing and disappearing text messages. david: if it wouldn't for "judicial watch" which you're president, we don't have half the texts that inform us so much of what went on there. thanks so much what you're doing. appreciate you appearing today. >> you're welcome. david: thanks. melissa: residents of hawaii fearing the worst, a glowing blue lava could mean major problems for the big island. we'll tell you what it means next. david: that is a spooky grow. the north korean summit, a live update from the state department right after thero break. about your retirement savings. talk with your advisor about shield annuities from brighthouse financial- established by metlife. fthere's flonase sensimist.tchy and watery near pollen. it relieves all your worst symptoms including nasal congestion, which most pills don't. and all from a gentle mist you can barely feel.

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david: meeting is off but pressure is on. secretary of state mike pompeo says the sanctions will continue. rich edson with us now. rich, what are you hearing? reporter: good afternoon, david. from here the secretary of state says yes, the sanctions will continue though he is still hopeful this summit can somehow get back on track. he says for that to happen he need as a willing participant in north korea. >> over the past many days we have endeavored to the chair and i agreed, put teams together to prepare for the summit and we had received no response. reporter: the official says the united states sent a team to singapore, then waited for the north korean team and then got stood up. so from this point the secretary of state says basically it is situation normal.

that pressure campaign that is an attempt to isolate north korea economically and diplomatically will continue. the secretary also points out essentially the united states is not going to give any type of conciliation to the north koreans without proof that they are dismantling that program. secretary met with kim jong-un, two separate meetings for three total hours. he does believe that kim jong-un understands the u.s. position here, that any negotiation is going to end and needs to end in north korea giving up its nuclear weapons program. but for now state department officials are waiting for a change from north korea both in their rhetoric and willingness to meet and coordinate on this david? david: waiting and tightening those screws. thank you, rich edson from the state department. melissa. melissa: new fears surfacing on ha's big island as dramatic blue flames, look at that are flying in the aftermath of last week's eruption from the kilauea volcano. you see the blue there, david?

>> yes. melissa: it is caused by methane build-ups and could potentially lead to explosions. david: as the lava comes down, pulls down all the vegetation. turns into the methane. that is a dangerous place to live right now. melissa: wow. david: demanding transparency for all speech. rnc and trump campaign sending a strong message to silicon valley on censorship of conservative views. elon musk uncensored. tesla ceo taking page from donald trump, slamming the media in a whole series of tweets. fox news, media analyst, howard kurtz breaking it all down next. they appear out of nowhere.

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assurances that transparency, neutral, protection of all speech will be core tenet of facebook and twitter operations now and in the future. >> this letter getting less attention than the one to kim jong-un. this is a brushback pitch. it doesn't present any evidence. mark zuckerberg basically pleaded guilty on this he already said he worries about bias against conservatives in facebook. he is says based in left-leaning, euphemism, in silicone valley. he hired former senator jon kyl to look into the. evidence is less clear-cut against twitter but there have been complaints over the years from conservative as well. melissa: look what went on in facebook from the last election, it's a chaotic mess.

between accounts that didn't exist and banning of people who weren't actually -- it was kind of all over the place. net-net the president still won. so, what does that tell you? >> sure but at the same time there was that sort of mini scandal with the trending topics where certain biased people were suppressing trending topics of interest to conservatives. >> totally. >> certainly didn't swing the election we know realize how important social media are in politics. it makes sense for the trump and rnc people to try to get on the record, saying we're worried about this, kind of set up if there are future revelations, you didn't do this adequately. they are getting ahead of the 2020 game here. >> ace free market. nobody forces you to go on facebook or twitter if you don't want to be there. is it about creating a non-monopoly? doesn't that create an opening for somebody like facebook to

come out to create a platform where people who do not share that silicon valley, you know mark zuckerberg, sheryl sandberg point of view can be with their peeps? >> no question these are private businesses. they sell themselves at non-partisan platforms. melissa: nobody believes that nobody believes that. >> nobody believes that if they at least mouth the rhetoric i think it is fair for political actors to hold them accountable. melissa: let me turn you over to elon musk, he is losing some patience lately or something. he has been a little bit off the chain. his most recent tweet, he had a zillion tweets he was firing them off, 19 tweets. >> very trumpian. melissa: very trumpian. but he said he will create a site where the public can rate core truth of any article and track credibility score over time of each journal, editor and publication, thinking of calling it "pravda." what do you make of this one? >> elon musk common sense is losing a little rocket fuel. i always admired this guy. melissa: absolutely.

>> gotten great press throughout his ol' life. with tesla and spacex, tesla running into troubles and getting scrutiny from the media he is going off. nothing wrong with a zillion air he is unaware how the media operate. there are a lot of attempts to do this already. i so i think the preponderance of tweets suggest that he is pretty angry at media. he probably need, if he is going to be a successful businessman he probably need to learn to coexist to some degree. melissa: he was part of delete facebook. there is that too. >> yes. melissa: howard, thank you. >> good to see you. melissa: great to see you. david: don't call it "pravda." that was the soviet newspaper. if you want people to believe i, don't call it "pravda." the meeting is off but didn't take house minority leader nancy pelosi to respond. charlie hurt is here to respond to the outcry next.

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because the time to think about tomorrow...is today. go long. >> kim jong-un is the big winner. he got global recognition and regard. he is the big winner. when he got this letter from the president saying okay, never mind, he must be having a giggle fit right there now in north. >> giggle fit? david: house minority leader nancy pelosi claiming a victory for kim jong-un after the breakdown in plans for a summit between the two nations. here now is charlie hurt, "washington times" opinion editor and fox news contributor. there was a certain glee, charlie, i think it is fair to say, in nancy pelosi's attitude when -- almost like she was rooting for kim against trump, no? >> oh, there is no other way of looking at it. by the way, you know, where was that point that she was trying to make there about when

president obama and john kerry were doing the exact same thing in terms of giving the mullahs of iran a platform and putting them on equal footing with the american president? so much hypocrisy there, if you tried to keep track of it, you wouldn't have time to -- david: i want to do something that is impossible to do these days, suck the politics for a second out of what she was saying. >> yeah. david: which sis a defeat for trump was more desirable than the denuclearization of north korea. i mean think about that. that is something that not only would benefit every american but would benefit the world. that somehow that benefit is less important than defeating donald trump. >> literally millions and millions and millions of lives are at stake, many of them americans, but a lot of them north koreans and south koreans and japanese and chinese. millions of people's lives are on the line. we have people here who all they want to do is play politics because hating donald trump is

more important than any other priority they have. and you know, we've seen this. didn't just start today. before this the hit on donald trump, oh, he is such a bad negotiator because, well, because he really wants to make this deal. and that's a negative? david: exactly. >> why is it bad to want to figure out a way to denuclearize the korean peninsula? david: there is two-fer. not only trying to get to donald trump whatever the cost is, even nuclear nile ages of the planet, also john bolton. he was being blamed because of his libyan analogy. in libya we got rid of nukes in libya. of course that whole process ended up with gadhafi's death. they're blaming that, instead of blaming china which was the country apparently, according to the president was whispering in the ear of north korea telling them to bolt from the negotiations. what do you think of that? >> i love how after the

bill-signing today, he sort of played a round a little bit with the reporters about that, kind of hinting it was, he is blaming china, without doing it expressly and i think that is a very shrewd way of putting, i think china was already felt very much on, you know, sort of on notice, when, with the letter to kim jong-un earlier today, but him sort of hinting at that, i know puts the chinese in very uncomfortable position. and they are aware their number has been called by this president. david: it will be interesting to see what he does in retaliation. i imagine there will be something, tradewise, something else unless north korea comes back to the table. charlie hurt, great to talk with you. thanks for being here. >> great to be with you. melissa: honoring a brave and courageous woman. our own gerri willis received a powerful and well-deserved reward. that is next. ♪

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>> what if cancer won and i lost? i never did get back to normal, ever. i wasn't the same old gerri. i knew what was important, family, friends. i was embracing life. >> not only surviving but thriving. our own gerri willis beating breast cancer and now receiving the surviving with impact award from the susan g. komen foundation for her incredible efforts to raise awareness about the disease. >> gerri also raising more than $21,000 for komen's race for the cure in new york city, and what's wonderful about her is not only her courage, but the way she showed people can you overcome a disease emotionally and spiritually. she had such a renewed spiritual commitment to her own life and to the life of the people around her. she is such a blessing to fox

news and fox business. i'm glad you all could appreciate some of that by those clips. >> really inspirational. she came back better than before. that does it for us. "the evening edit" starts right now. >> based on the recent statement of north korea, i have decided to terminate the planned summit in singapore on june 12th. i believe this is a tremendous setback for north korea and indeed a setback for the world. our very strong sanctions by far the strongest sanctions ever imposed and maximum pressure campaign will continue as it has been continuing. hopefully positive things will be taking place with respect to the future of north korea. but if they don't, we are