be sure to join us tomorrow with a special live coverage of president trump's rally in duluth, minnesota. good >> the president has promised going back to june 2016 to crack down on china's unfair trade practices. no one should be surprised. >> commerce secretary wilbur ross is heading to capitol hill today. he's expected to be grilled by members of the senate finance committee over the trump administration tariffs on china. the 200 billion chinese goods after china retaliated to the potential total of u.s. tariffs to $450 billion. >> peter navarro told in a row

lou dobbs china is making a big mistake. president trump surprise china on monday when he announced the threat of new tariffs. a programming note for you. peter navarra will be a guest on "mornings with maria" at 7:00 a.m. this morning eastern time. trying to all right, a lot of breaking news to get to on "fbn:am." president trump in the fight on immigration and of course the fight with china and of course we are talking about the markets. latina features. better story today in the european market. gerri: the european market moving higher overnight trip to ftse up 85 points. a better open for the market today in the entire world doing better. glad to see that after yesterday

morning. cheryl: good morning, everybody. welcome to "fbn:am." always a pleasure to have you join us at 5:00 a.m. eastern time. 5:01 a.m. eastern time. here in new york elitist. gerri: i and gerri willis sitting in here today and we are glad to see a stronger move for the markets today. all eyes on trade and immigration. those are the two big topics today. trying to escape to trade in what's been rattling the markets for the last several days. breaking news this morning interesting today. commerce secretary ross is going to be on the hill. it's going to get grilled by members of senate finance over the tariffs on the chinese. the president threatening to impose 200 billion chinese could tariffs after china had announced retaliation against that. just to catch you up on all of this, a total of $450 billion in tariffs on the chinese from the united states. gerri: very big deal.

peter navarro telling lou dobbs china is making a big mistake here. >> the chinese found out and they are a poet making me well. standing up for the men and women who work with their answer. gerri: president trump surprise china on monday when he announced the threat of new tariffs. want to give you a programming note here. or navarro will be a guest on mornings at the rear at 7:00 a.m. eastern this morning. cheryl: is going to be a great interview. gerri: and timely. couldn't be a better day to have peter navarro on. cheryl: a lot of great questions from her. meanwhile senators and president trump over his deal with zte. the senate voting to reinstate a ban on seven u.s. price to the u.s. chinese telecom company.

after trump reached a deal to help save dtd. the tes violated u.s. sanctions against north korea and iran. so some u.s. lawmakers claiming the chinese government could use the company's products to spy on the united states. to block the finance manager. >> a group of governors for national guard troops to protest the trump administration zero-tolerance policy. new york, massachusetts, maryland and colorado: national guard troops. cheryl: this coming as the immigration debate has intensified over these families separations at the border. edward lawrence is in washington with the latest. >> good morning. president donald trump wants to enforce the law.

he also wants to change the rules pertaining democrats in order to do it. the president on capitol hill last night. >> probably the worst anywhere in the world. >> house speaker paul ryan until gop members he would sign either one. it provides $25 billion for border security including funding for the wall in a path to citizenship at the so-called dreamers. it also keeps families together. more of a conservative bill that does not provide an easy way for citizenship, but it does also keeps families through the immigration process. both republican and democratic members said the family needs to stay together through the process although they differ in how to get there.

>> we hope to reach out to democrats and see if we can get a result, which means speaking of law. >> mr. president, have a heart for a change. do away with this for monday's permit inhumane policy of yours that rips children from the arms of their parents. >> democrats are dug in and not overwhelmingly support any fixed face. they are grouping of us to see which bill has my likelihood of passing on the house. it could be introduced as early as this week. back to you. cheryl: homeland security secretary kirsten nelson forced out of a mexican restaurant after an angry socialist mob confronted her while she was there having dinner. gerri: imagine not. go to dinner and people started

yelling at you. president trump all the blue-collar roundtable in minnesota tonight. sitting down with elected officials and representatives from the mining and deal industry this afternoon. promoting and protecting american workers that he plans to take the stage. live coverage at 7:00 p.m. eastern. the stock market is really an end of an era for the markets. general electric is being kicked out of the dow jones industrial average. this is the last name when it was created back 120 years ago been replaced by drugstore retailer walgreens. the change take effect before trading next tuesday. ge the lowest price that has the least impact on it down now. how is performed versus the index as a whole. over the last year, ge shares

have fallen 55% compared with a 15% gain for the dow could walgreens shares were sharply after-hours of course on this news. this is big news. >> just to fill that out a little bit. not the only big company being pushed out. aig, kodak, all have been pushed out of the dow. the 21st century fox board comcast. fox has accepted disney's offer worth $52 billion, the comcast or per roentgen the plan and rupert murdoch says they will call you at comcast terms. >> three top phone carriers are cutting ties with some data providers. gerri: tracee carrasco without another headlines. good morning, tracee. >> good morning. they said they will stuff the limitations of individual customers to two firms who allegedly mishandled information

fill in data sharing agreements which buy access to the real-time location that users from these carriers and share with other businesses for marketing purposes, fraud prevention, things like that. this is big news for morning folks like us. popular coffee chain closing some stores. >> starbucks will shut down 150 underperforming stores in its most densely flooded market. you're in new york city you can spit at a starbucks and the one across the street. the long-term strategic plan. the company raised its dividend 20% two a quarter return of 36 cents per share in $25 billion to shareholders in dividends and buybacks through its 2020 fiscal

year. >> we will order room service. >> i like alexa in my home. amazon has unveiled alexa for hospitality. a new version of the amazon echo smart speakers specifically designed for hotels. guests can ask alexa to call the front desk of order room service, maybe request housekeeping or adjusting the controls like the lights, thermostat, tv. you'll see echo devices in marietta, area, westin hotels and resorts. the ipo will automatically delete just recordings daily. that's a good thing. but time is spent playing labor income is it delayed, come on, guys.

i'll stop talking. following trump's historic summit with kim jong survey. the u.s. military preparing for the return of hundreds of soldiers who died during the korean war. the trump administration not backing down on china. >> is going to be very strong on this matter. if they keep trying the retaliation, the president will take firms dance against this. >> worries about a trade were having a far more negative impact on china's stock market. will beijing blink first? the dow opened 160 points higher. the s&p 500 open almost 90. you are watching "fbn:am."

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china will be the first to give concessions, but they're starting under very different place or they can can get a lot more to the u.s. than the u.s. really needs to get to them. we have a much more open economy. we've always allowed a lot more trade from chinese companies in our markets, which china has not. but you know, the other side of this is china has been taking steps to make all this happen. if you look at the financial sector in which we play them, china has been taking steps for the last two years. trendy they've been stealing intellectual property for decades but none of that is addressed in these negotiations or tariffs. do you really think the president in china's going to want to have his own people think he's getting pushed around by president trump? >> no, that is absolutely the

point. there is legitimate gripes we have against the technology hijacking that they engage in. the unfair trade practices. but they're a diplomatic ways to go about this. publicly saying they are going to blink first in all this autocratic tone out of washington is not helping. the trees, the terrorists and testosterone coming out right now is not a good mix for economic policy and it's not a trade policy. that is why you see america's declining. if we knew this could have a more peaceful and calming a gradual clearing of the noise coming you can see the stock market resume its upward climb. train to look for instance at zte. not just from u.s. businesses, which trump says he's not going to engage with u.s. businesses. i'm paraphrasing the president. he doesn't care if businesses are upset because he believes so much in the fight with china. at the same time, looking at potential trade wars with

europeans. nafta is far from solved. this is the timing of all this. could we just do one thing at a time. >> i mean, it's no secret trump has a different negotiating style than most politicians. it's because he's not a typical politician. he's going to do a lot of things that are unconventional. the other difference with china especially is the chinese have more of a long-term view on things. if you look at concessions the chinese give, which i believe they are in, you will see the chinese give some short term gains for us, but these have a much more long term when it comes to trade negotiations. >> by this something we've known for a long time. we showed the graphic earlier. the exports to china,

$130 billion from imports to china 505 billion. the u.s. from a numbers perspective does have the advantage over the chinese. >> right, but that because the point they were autocratic dictatorship. they don't have to respond to public sentiment. they can take actions that don't relate to these trade numbers. they can flood on construction permits and start inspecting hotels being built over there. they cannot regulation to financial services company. they don't play by the same set of rules we do. two things will get a fair fight is not reasonable. they are not afraid i trade reasonable trade partner in a row baby because we're threatening the more. >> russians imposing duties on american goods as well. sounds like they are taking a piece out of the playbook from the chinese and all of this and it's getting heated very much. thank you for a much, guys. appreciate it. sorry about your last name. i'll do better next time. please come back.

>> thank you. cheryl: still had a turbulent week for american airlines. this is going to be fun to talk about. gerri: i feel like we do this all the time. >> we were ready for takeoff when we were on the planes for about three hours last night before we got told the flights were canceled and had to go back out. train to what you need to know if you're headed to the airport. colorado covered in white, but it's not snow. we are going to explain. looking at stock market futures finally. first time this week we've seen great numbers for features for the markets. premarket s&p of nine, nasdaq up 22. ♪

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train to the world's largest airline will get back on track following a turbulent week of flight cancellations. a computer glitch forced american airlines regional carrier psa to cancel 2505. that's been happening since last thursday. the in-flight tracking system will operate on a reduced schedule the next two days as they work to get things back to normal. gerri: blame the computers. check this out. it might look like a snowstorm, but this is actually hail covering the ground in colorado. hail the size of baseballs smashing roofs. looks like snow. the eye stones shattering the windshield of this cop car. we had this been a giant funnel cloud touching down northeast of

denver and luckily no damage. cheryl: let's not get a look at the rest of the weather forecasts. janice dean is with us this morning. good morning. >> hi, ladies. incredible video out of the plane dates yesterday. the cooler air right in relation to the warmer, more humid air mass. 55 in denver and 50 in rapid city. the cooler air across the rockies and the ingredients we need for severe weather. today the threat diminishes a little bit. we'll still see potential for hail, damaging winds, across the plains states, but i also want to point out a lot of heavy moisture moving into texas and louisiana. tropical moisture out of the gulf of mexico. it is going to bring potential for flooding rainfall that only today but through the next couple days. in order of four to six to eight inches of rainfall, flash flooding concerned.

there is your forecast. cooler across the rockies. warm summerlike air across the southern plains, central plains and tomorrow, by the way is the first day of summer. new york 85 degrees. not bad. cheryl: summer is finally here. thank you. gerri: coming up and booted from the building. fbi agent peter strzok taking center stage. >> we did not have confidence that the decision of deputy assistant director someone to prioritize the investigation was free from bias. >> the author of the ig report. could the multimillion dollar's russia probe be in jeopardy of getting shut down. take a look at the markets. u.s. stock index futures point up 120. s&p 500 up nearly 10, nasdaq up 23. you are watching "fbn:am."

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terry >> mr. president.you have kids? do you have kids, mr. president? turn to the border battle boiling over. protesters hurled themselves as president trump in his dhs secretary after anger over the zero tolerance policy is mounting. gerri: you can see from the video people were blue in the face at unbelievable. is the next shoe about to drop? how disgraced fbi agent peter strzok and his text messages could unravel the entire russia probe. cheryl: taking a look to your stock market futures. different stories higher than what we've seen the last few days. the dow down six days in a row. the dow was down 124. s&p of 9.5, nasdaq up 23.5.

cheryl: stocks in asia seem green as well. the shanghai yuppie quarter of a percent. the hang seng up three quarters of a percent. >> optimism is feeding into europe as well. the ftse up 96. cac and dax in the green as well. gerri: did tom brady just hint at his retirement? "fbn:am" continues right now. cheryl: 5:32 a.m. in new york and it's wednesday, june 20th. good morning, everybody. i'm cheryl casone appeared gerri: anat gerri willis. that is the debate. the immigration debate. homeland security secretary

kirsten nielsen forced out of a mexican restaurant last night after an angry socialist mob confronted her. listen. >> shame on nielsen, shame on trump. shame on nielsen, shame on trump. shame on nielsen, shame on track. gerri: can even go to dinner. senior policies at the independent women's forum. state representative and republican u.s. senate candidate. this is a big issue for the trump administration entering iraq to of criticism for its family separation policy as you just heard. in a meeting with republicans last night lasting about an hour, he sidesteps the issue. two bills under consideration. when a compromise bill, when i heard were a pill. one will get traction. >> both bills will be difficult. the more hardline bill is especially hard to get passed through congress.

a lot of republicans would rather just deal with the migrant family situation now and deal with immigration later. however, whatever approach they take the immigration reform needs to be down within families need to figure out how to ensure these families are not left to the wind of any administration republican or democrat. >> trump endorsed either bill. that's what i thought was interesting about the meeting. i expected them to say what his preference was then get the hind one of them. the question is can house conservatives be brought into the compromise bill. jeff, to you. >> gerri, thanks. those two plans are good. no matter what the solution has to include a wall. the problem's opponents, like my opponent elizabeth warren, democrats are trying to keep pushing this issue, undercutting the president because they want to distract from major successes in north korea and also the fbi situation as well.

>> he says this. secretary nelson, department of homeland security secretary did a fabulous job explaining security at the border and for country while at the same time recommended changes to obsolete laws which for his family separation. we want hard insecurity in america. that's what he said late last night. he had come while congress debates a solution, colorado, maryland commit eight states in total polling card troops from the border. immigrants continuing to make their way across the border. seems like we are such a long wait from the resolution. where do we go next? >> i hope it ends with congress acting. this needs to be resolved. the longer that it drags on, senate democrats will use it as the 28 teen election issue. chuck schumer said yesterday we don't need a legislative fix. really?

they see this as a cyberin a way to get people mobilized and 28 team. that is wrong to use immigrants in this way. these folks came across the border illegally and as an immigrant myself i recognized the importance of upholding law. at the same time, this is unfortunately used for political purposes. i do want to ensure we see immigration reform to protect the nation including borders as my fellow panelists said. gerri: jeff, want to get you in here for your reaction. >> thank you very much. massachusetts spends $120 billion year covering the cost of those who come here legally. i've been to the border. it seen whether steps in the wall. we need to create a situation so we are encouraging people stopping the drugs, human trafficking. whatever solution we need to act quickly in congress. elizabeth warren fund raising the issue. i actually have a plan to stop immigration -- illegal

immigration. >> we are claiming a major while trying to get over this issue. thanks for coming in. cheryl: that's a good analogy i'm not. also lot of washington, the other big story, peter strzok, you know he's still works for the fbi, but the question is how long. the fbi agent who promised he'd make sure they lost the election escorted out of the agency headquarters yesterday. drama unfolded as doj inspector michael moore confirmed that his office is investigating strzok. >> do you believe the political bias shown by this text have been the initiation of the russia investigation. >> i think as you know mr. chairman and as a matter we've had under review and are looking at right now. more to be determined on that. >> more to be determined. cheryl: let's bring in attorney emily comecon yelled to talk about all this.

they keep saying there was bias, but no political bias. all of these text messages between strzok in page, unidentified fbi agents and lawyers that wanted to take down donald trump, no bias to see here. >> exactly. republicans on the committee is called into question what they claim is the refusal to ascertain whether decisions made with the most effect did. rather that they were reasonable. there's a huge manager that there is now a confirmed investigation into whether the bias was actually were clouding than originally reported in the original report. as republicans from the committee said what is critical is to know what was not in that report. cheryl: repubns have bee screaming about this for months, emily could hillary clinton e-mail probe was not handled and now we see peter strzok taken out of had orders investigated.

what does this mean for the russia probe? if we find out there was bias when it came to the hillary clinton investigation, that means there's likely a lot of bias with the investigation of donald trump. >> exactly. that is partly a spot with some congressmen have called for. this would mean that the entire tree is poisoned. you cannot start from the beginning point and expect there to be any kind of faith or zero conflict in any results of the entire investigation. it absolutely can impact the entire investigation into russian election meddling if it were found to be held with the decision to bring the midterm campaign. i want to know for viewers quickly that it was in keeping with fbi disciplinary procedures. his attorney has article on the record in cnn stating it is clear that the impartiality of the investigation has been called into question and it is

laying the groundwork for an appeal for any type of disciplinary measure including potentially nlrb in district court. cheryl: you've got people like trey gowdy all over this and they will not let this go and frankly they shouldn't. it's amazing what happened to the reputation of the fbi. thank you. we appreciate it. gerri: and coming up next, fbi director james cone is striking back at hillary clinton after she used she also used a personal e-mail account to conduct official business. >> on to criticize her, but even at this late stage she doesn't understand what the investigation in her case was about. gerri: the dow opened 163 points higher. the s&p up nine, nasdaq up 23. you are watching "fbn:am." ♪ ur kids, we're busy.

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cheryl: welcome back. take a likely u.s. u.s. stock market futures on your wednesday. different story. the dow down six sessions in a row that they've reversed today. the dow up 114 in the premarket. s&p up nine, nasdaq up 23.5. trade worries continue to be the main topic for markets. the trump administration is losing a top adviser. deputy chief of staff joe hagan is leaving his post for the private sector. the 62-year-old how the same

post for the past three republican presidencies. kim jong un last week at the white house has not yet named his successor. the trump administration has unveiled association health plans is that obamacare alternative for small businesses. they allow businesses to band together to set up cheaper health insurance plans which could potentially save consumers and employees thousands of dollars to offer mandated benefit. a person with a preexisting condition cannot be denied coverage. former fbi director james comey said hillary clinton still doesn't understand why she was being investigated during the 2016 presidential election. >> i do want to criticize her, but she doesn't understand what the investigation in this case was about. it was about communication about classified topics on the system. those have to be done on the consequences done.

>> responding to recent treats that suggested the investigation was concerned with her use of a private e-mail server. not the exchange of classified information. over to you. gerri: the beat goes on. we are watching oil prices as trade tensions between the u.s. and china continue to rise ahead of a closely watched opec meeting on friday. 6553. phil flynn, senior market analyst at fox business contributor joins us now. great to see you. thank you for coming out early this morning. we appreciate it. what are you expecting a you expecting in what will be the impact on oil prices? >> i'm expecting the most contentious meeting since 2014 when they vowed to get an agreement. this is really showing down at the opec cartel. of the coalition of willing in the coalition of not so willing. to raise production and not raise production.

so it is very possible that we may come out of this meeting without an agreement. the iran oil minister is very upset that president donald trump seemed to interject his feelings on the cartel and said hey, we are not part of the u.s. department of energy. we are independent. this is a red-hot meeting. gerri: normally expected to go smooth. not this time around. president trump claims is opec's fault for hitting a three-point five-year high. but isn't it kind of unusual for the white house to weigh in before one of these meetings? >> it is publicly. traditionally white house in the past have gone behind closed doors. it would opec should do. always some blowback from the

cartel. it seemed like as soon as donald trump treated the prices were too high and opec was added again, saudi arabia and russia got together and said we are raising production by a million barrels a day. cheryl: show a national gas prices regular at 288. thank you we appreciate it. cheryl: more coming out. here's a question for all of you. is tom brady going to retire from football? i can only agree. the new england patriots star just lost actually. california brewery not letting lebron james move on from the championship loss. not losing anything this morning. we are gaining in the premarket come a different story what we've had. s&p at eight and three quarters. nasdaq up 23. you are watching "fbn:am."

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cheryl: u.s. regulators banning a device that tricks your castle into a false sense of security. gerri: tracee carrasco joins us with more on that another headlines. >> the national highway safety traffic is banning the sale of the autopilot buddy, the device to trick the semi-autonomous autopilot feature into thinking a driver is paying attention in order to extend the amount of time it will operate without anyone touching the steering wheel. the company has until june june 29th 2 and sales and distribution. cheryl: this is good for the long haul semi trucks.

pizza hut promising to make their chicken healthier. >> pizza hut has announced any product that uses for chicken wings will be raised without antibiotics by the year 2022. pizza hut is joining other restaurants like kfc, chick-fil will stop using culture raise with antibiotics. it wants its customers to feel good about eating. gerri: as long as it grown here in the u.s. today is what i say. no one is going to let lebron james move on from the cleveland cavaliers championship loss, especially not a california-based brewer who has reportedly unveiled a new called lebron. they posted a picture with the caption, quote, we took from the loss and distilled them into a hazy iph is for you. gerri: tracee, thanks for that.

cheryl: bob the flows freely in california, soccer fans have invaded the city. around the kremlin reportedly running dry. cheryl: suppliers are taking longer to replenish the food as stocks are running low. one lawyer told reuters we just didn't think they would only want ear. russian fans have a lot to defeating agent. now on the brink of advancing. gerri: the new york yankees are on historic terrace they continue to launch home runs. they have four more last night to beat the red-hot seattle mariners 72. the yankees on thursday 273 home runs this year which would break the single-season home run record. tom brady, my favorite on instagram that he may be done for good. commenting on an image about his

retirement, i would say it but i can't. the nfl's oldest darting quarterback at 40 years old. cheryl: go ahead, it's okay, tom, you can let it go. trade tensions rising between the u.s. and china. we will go to london coming up next. stay with us. cheryl: it's funny because we all --

cheryl: we continue to follow market reactions. the escalating trade were between the u.s. and china. michael huson fd&c market. do you think that maybe china has got more to lose than the united states does? >> i certainly think peter navarro seems to think so. if you look at the chinese economy and the fact that the chinese do have a significant deficit. ultimately you could make the argument given the chance that the chinese economy does appear to be slowing down while the u.s. economy appears in fairly good shape. we are getting a little bit of a rebound here in europe and that is on the basis while the rhetoric is being dialed up, the delivery of further terrorist will take quite a bit longer. as is the fact that the initial tariffs still being delivered by the sixth of july. there is a perception that there

still is time to dial back the rhetoric and ultimately arrive at some form of accommodation. at the moment, the rhetoric is being dialed up, but the delivery could take a while to sort through. gerri: jay powell speaking at the ecb event in portugal today. what are you expecting? >> i don't expect mr. powell to deviate from what he said at the recent meeting. it will be interesting to see if he deviates in the context of the escalation in the rhetoric between u.s. and china or possible consequences to u.s. growth. i can't imagine his message will be significantly different than what it was two weeks ago. gerri: michael huson from london. cheryl: now it is time for maria bartiromo. good morning. >> hey there, ladies. good morning to you. i maria bartiromo and is wednesday june 20th. top stories right now 6:00 a.m.

on the east coast. president trump highlighting why the administration is taking action to address the trade imbalance with china. >> you see what is happening with china. we have no choice. they should've done many years ago. we are going to get smart and do it right. maria: markets yesterday seen or covered this morning. features indicate a gain of better than 100 points. a third of a percent higher in the not deck this morning. this comes after big declines across the board yesterday. the dow losing better than 1%. sixth day in the road to decline to 287-point well off the lows of the day. nasdaq and s&p 500 closing lower. small caps outperformed. closing at a new all-time high. global markets this morning look like this. european indices are higher as well.

one and a quarter% higher. the cac and the dax higher than a third of a percent. in asia overnight, best performer was in japan. nikkei average up one and a quarter%. watching the price of oil ahead of the opec meeting on friday in inventory data in the u.s. due out this week. oil prices up to $65. a two thirds of a percent. tensions rising over the border battle. president trump meeting with republicans to hammer out an immigration deal. a congressional intern swears that the president and a mob hackles and boos homeland secretary security kirstjen nielsen out of a restaurant. the backlash this morning. dow industrial uses a general member. the company struggles to turn around business. it is being replaced by walgreens in the dow 30. this is the single remaining company for the original dow 30