i'm not just talking republicans but democrats too get it done. >> that will do it for us have a great weekend everybody. have a great week and on sunday morning futures. "varney & company" begins right now. take it away. >> good morning maria, good morning everyone. 8 down days in a row for the dow could it be that friday is the harm? looks promising. here's how things stack up for the the opening bell today. hardly dramatic turn arngd but after a long drift lower we might be looking at welcomed pickup up tick i should say dow industrials up 100 points and s&p 14 and nasdaq about 30 points higher. that's the market. the political news, however, is grim and immigration bill went down to defeat in the house yesterday. members said they need more too imto read and refox on a second bill we're told it will be voted on next week and we're also told no matter what happens in the house democrats will stop any immigration reform in the senate. they think they have an issue to

exploit in november. so they're standing on their open borders policy how will that fly when a surge of migrants ave road there's one bright spot here a 00 children reunited with their parents after being separated at border. question. why did suzanne rice tell the cyberscut team to stand down on their investigation of russia meddling that's what she told them right before the election -- welcome to the edition of "varney & company." our show begins now. organically one time i'll show you how the market will open this morning. in particular, boeing and caterpillar rebounding after all of this trade trouble. boeing is back to 340 today caterpillar about 141. now, amazon look at that.

still in record territory and very, very close to it. a 10 premarket at 1741. same story with netflix very close to that all-time high up a couple of bucks in free market trading today 418 is the price. all right, oil -- opec says they want to boost production by 600,000. but looking at that. it is up a buck 70 over 2.5%. lizzy why is oil up when they're going to produce more of it? ferlings because they were agreeing in principle to produce even more oil per day one million barrel per day so a disaappointment 600,000 birl a day less than what we talking at they could boost it to 1 million. here's the problem iran does have vito power over that production increase. and also there's -- been country like venezuela struggling to output as with. >> falling through the floor there you have it oil is up

despite increase suggested in production. thanks, liz let's get to immigration. we do not have a solution. to the immigration problem, i think there's a delude coming to the southern border that will be a problem. joining us fox news contradict tore host of huckabee saturdays and sundays 8:00 on tbn where this week hold still governor i have to tell everybody you have exclusive interview with with president trump. i'm sure immigration will come up. now, what do you make of my premise here -- that the democrats have a problem when that delude you're right? >> well i think they do. i think they have a big or problem when they're pushing open borders, americans including democratics doapght support the idea of totally open borders which is what they're wanting and i guess the bigs question is why. what is it they think that does for them? the biggest challenge i think the president and administration faces is not getting an octave

news coverage good example "time" magazine does a cover, little girl crying looking up at trump. it is in the a real photo it's fake. turns out that little girl was never separated from her mother. it's a total fake news on the cover of "time." >> i have they've gone overboard we emotionalism. some of the language which the left is using leak nazis, internment camps concentration camps that's over the top and i think it leads to violence in the long run. what say you? >> i totally agree. i think peter fonda should be arrested and i'm not being facetious here he's violence against the first lady and against barron trump. against neil son and against my daughter. that's what he's asking for. he's encouraging this. that is a crime -- it's a crime in california, it's a federal crime and he should be arrested. if you don't hold people accountable for this kind of

insignaturement to violence it will only get worse i'm appalled that people on the left think this is okay and then they get defended by anchor on some of other network who is thought that the people showing up and screaming at secretary neil son at a restaurant was perfectly okay. it's not okay. >> i agree with you as a matter of fact i have monitors in my studio where i'm looking at other networks and you're absolutely right. they're still going on and on and on about concentration camps it is a disgrace. i want to bring this up to you first lady melania getting attention for a jacket on the way to visit the immigration detention center here's what president trump tweeted i don't care do you written on the back of melania jacket referred to fake news media. melania learned how dishonest they are and she truly no long or cares. didn't want to particularly bring this up but president tweeted about it. what say you? >> you know, i have no idea it was -- was there a message there?

i doubt. i think she just we are a jacket. you know, it's kind of like when michelle obama went sleeveless and perve went nuts look she was only trying a that time michelle obama to show the right she had to bear arm and we make more out of fashion choices than should ever be made. here's what want to know, if she wears a members only jacket will people say that she's now a bigot because she hang arpgd same members of the clon she's in. that's how absurd the media has become these days. >> well said i'm glad you said it for us. we'll see you again real soon. that's a fact. thanks governor. big story, the supreme court ruled that internet retailers can be required to collect sales taxes. even states where they have no physical presence. joining us now -- with the imeptive enterprise

institute now jessica iemg sorry i know you're against this ruling. tell me what the negatives are. the negative consequences from this. tell me. >> two big consequences are going to be first for small sellers we're talking about -- small one-man shops maybe run out of your kitchen table selling thing on etsy or e-by and huge compliance costs on this, and it's just going crushing for people who want to be a part of this amazing tool that internet has become and also for consumers all of us who shop online -- it's going to feel just like a tax hike. >> why should the online sellers have this artificial advantage when they're selling something? >> well there are inequities in the way things have been done in the past and there's ways to address that but unfortunately what the court did yesterday -- was say that now things are unfair the other way so just like when you walk into a brick-and-mortar store you don't have to tell that clerk where you are from or happened them your home address and driver's license and they have to figure out you're home sales tax and

that's what we're asking them to do online and that's not fair either. we have tipped scale the other way too far now. >> i want expect all states to jump on this because -- they're imoapg to increase their sales tax revenue. but will that take some time and the moment i think there were only ai plies south dakota along before it stretch across the whole country? >> i think it is we can a couple of states have passed sol version of sales tax pangs online south dakota could go into effect immediately. but i think you're absolutely right. we're going it see a bunch of states across the country they're not going to miss out on this revenue opportunity and it is consumers that pay the price. >> bottom line does nothing you can do about it. you oppose it. the supreme court is ruled -- you're gone. you're done. nothing you can do. smg well congress still has a role here it could step in and make some new rules for interstate merse in this way. i don't know what our odds are are on congress getting much done on that. but they have every right to do

it and they should do if they could really stem damage from this ruling and help consumers and small businesses out a lot. >> but jessica you're not holding your breath are you? >> i have to admit i might be a little skeptical. >> i'm with you jessica thank you so much for joining us this morning we'll see you again. sure thing. all right next case our military planes there are being targeted by lasers up the chinese coast what's this all somebody >> blinding laser attacks 20 incidents in the last ten -- last ten monthses in the east china sea. these are -- military navy jets, flash, watch this. are from what are believed to be china, flags fishing vees ms that have been rigged with gps and you know, gear. so it's really interest what and dangerous what's happening no medical injuries right now but this is a heavy shipping area too. shipping lanes too. so our pilots are getting blind bid lasers. >> it is harassment.

military scale harassment is what it is. onshore and on the boat. >> pick up this theme a little bit later in the program thanks liz. am ambassador set up a meeting president trump and vladimir putin we're on it. i mentioned susan rice at the top-of-the- show it is confirmed that she told her cybersecurity team stand down. don't look into russia's meddling into our election. my take on that, bomb shell and that's what it is -- coming up at to of the hour. and my producers are allowing me this one sliver of world cup coverage -- who is the best soccer player in the world messy or ronaldo he wins, messy turned in a dismal performance at the world cup yesterday and his team argentina lost,3 nil to croatia nt he barely touched ball in the second half of the game meanwhile ronaldo he has scored four times in two games.

and that concludes our world cup coverage for this hour. [laughter] believe me l there be more later in the show. we'll be back. ve... ve... big dreams... and big plans. so how do i make the efforts of 8 employees... feel like 50? how can i share new plans virtually? how can i download an e-file? virtual tours? zip-file? really big files? in seconds, not minutes... just like that. like everything... the answer is simple. i'll do what i've always done... dream more, dream faster, and above all... now, i'll dream gig. now more businesses, in more places, can afford to dream gig. comcast, building america's largest gig-speed network.

>> better profits the blackberry for nine straight quarters betting beg on self-driving car technology and a new smartphone with a very nice keyboard that blackberry usedded to know and love and by the way we have ceo john on this program later today to stock right now is up 2%. close to $12 a share. let's get to russia, nasa security advisor john will travel there this month to discuss a possible summit between trump and putin. joining us now general jack keen first strategic analyst, with all right, so mr. trump might go over there, over europe -- for summit with putin, are we sticking to the europeans? >> i think he's really taken advantage of the opportunity but a little bit --

because the nato summit in second place and this is the most likely place he's going to meet with them i think that's why -- national security advisor bolton is going to work out dts of all of that. but the big picture i think is -- the president despite the serious problems we have -- with russia meddling in our election, you know, killing british citizen, with poison ukraine invasion, syria intervention major, major problems with putin yes this gives putin to the world stage and legitimacy like the president just did -- but kim jong on but other part of that i don't think the president cares too much about that. but what he cares is arm wrestling the issues. he proves that and he has a wonderful personal relationship with him. but he's also in fistfight with him over tariffs, economic warfare still in intellectual property so president has proven to us that look -- i can talk to a world leader about the major differences we

have and at try to find some common agreement and i think that's what this is really about. >> is this just pure politics? pure diplomacy or military strategy involved here? >> i think with the president -- he's a transactional relationship kind of person. i think he's been eager to have this meeting with putin even though putin want it is more than he does because he wants to have a relationship. he want it is to test waters. can he work something out with putin in a way that his predecessors have not because the truth is, putin manipulated last two presidents. >> and -- i think the president just looks at this as a bit of a challenge. >> europeans are mad as hell about this presumably they have to be. >> they're europeanings and we have cuddled them such with a president has not doing it and going through sort of a psychological adjustment let me put it that way and ig it is healthy and good. >> you're four-star general 50*eu78 sure you have some authority over the european theater. at some point. >> we have relationships with

them and, obviously -- >> but they would never -- big dog in town. we defended them for -- several generations -- henry believes this is good point you make he believes that europeans have never ever recovered -- from the psychological emotional defeat that they and physical defeat they suffered at the hands of the nazis everything since that time has been in unwillingness to stand up to be in a way that the united states has, and interesting theory. >> still on same grounds. they still will not stand up to defend themselves -- our country america is preparing to shelter as many as 20,000 children on marl bases. we prepared for that? >> absolutely. when you look at the merle here's what we've got number one we've got the facilities. two, we've got caring, compassion, and peel in very large numbers. and we have put those twoing the to we can take care of that and more if we had to. >> you have to catch help on the

left, though, change length fencing to call it a cage. >> we're not in chain length fences but in facilities that are already established possibly some tents. >> i know you're retired from the military but will media be allowed it in? >> we have nothing to hide. >> upbeat message for you. general jack keane thank you very much. great to have you on the show. thank you, sir. again one more time look at where this market is going to open. after eight straight days of decline we'll get a breather today dow is up about 130 at the opening billion but nasdaq up about 30 points. next -- we will remember our colleague, the great charles -- ♪

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a modest improvement over last time we checked ow market will open now we'll be up 140 points and nasdaq up about 31. the price of oil is way up this morning -- that is helping chevron and exxon. they're up significantly today. and with the decline in trade tension or at least trade in the headlines, boeing and

caterpillar they are also up. now this morning we remember charles krauthammer leading conservative voice and friend of this program. roll tape. you're betraying your whole life if you don't say what you think honestly -- >> do you think you'll ever stop writing? >> no i intend to die at my death. i would like to. i'm not sure i can arrange it. [laughter] like many of our viewers i knew charlings through his work with brit hume and later with bret baier on fox news special report. yes, i liked his politics. but be i also admired his clear thinking. in television you have to cut straight to the heart of the story. no waffling. there's got to be in plain english don't go off which obscure nor point no one did it as well as charles krauthammer he was unique.

>> we knew each other personally because we have reagan democrats in my family and start the ows a democrat and president reagan he was convinced -- reagan agreed to that soviet union was evil, and he had such an elegant, clear, force of mind that really to your point could distill things to get right to the point that is the genius of his thinking and -- you know had a compassionate mind he said loyally to great and truth and integrity and i don't care what a public figure think and let god probe in her heart and he was paralyzed he said it is better to be paralyze from the neck down than from the neck up so he might light that have. >> i don't think many people knew -- that he was in a wheelchair for much of his adult life. >> age it have 22 -- diving accident. dove into a swimming pool broke his back and paralyzed from there on out. >> he was studying and spinal

cord injuries that's the irony of that. so he enrolled harvard middle school and oxnard -- >> professor said look you can't be a medical doctor with an jury like. they suggest he go into psychiatry. and he did. >> he did and he liked psychiatry because it heed him deal with his condition. but when you with read behind his thinking he was the about the american ideal about our institutions about democracy about our founding fathers vision of freedom and that came through in -- most everything he wrote. >> i sure miss him summing up days events from a conservative free market perspective on special report he ran things, and he was -- that's it. charles krauthammer was a good man.

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♪ 30 seconds from now expected to open this market on the upside this friday morning. why not? we've had eight straight day of declining maybe today will be the charm. maybe we'll close higher. i'm surrounded by experts who are going to tell me whether i'm right or not. will we close higher today or

close lower for the ninth day in a row. great minds want ton and we have assembled them around this table to derl the cause of action. and vamping see i'm tap caning before market opens and bapg it is 9:30 on a friday morning this late june, 2018 look at us go now up 114 and up 122 up 132. it is a horse race. we're up 136 points. 142 points. and any advance -- 141 okay i'll leave it there that's a gain of over half a percent for the dow industrials -- first thing on a friday morning. the s&p 500 please, where is that? it is up the same amount .5%. half a percentage higherrer. the nasdaq it has been on a tear recently with all of this technology stocks. but it is slowed down it is advance this morning it is up one-third of one percent. the big mover, the big market that is moving is oil. look at it go. 67 dollars a barrel, $2.15 up

that's a 3% gain more on that in a second. who is with me in a morning in june. jeff seeger david dietz here we go. eight losing days in a row david you're the great mind here. are you going to -- are we going to snap this losing streak e today? >> if it was ninth day in a row it wasn't be a down streak since 1987 and lots of reasons to suggest that -- those eight days aren't to beginning of something worse. the dow is still up% over last year and flat for the year let's put it in context we needed a little bit of a boss. >> it wasn't much of a downturn? >> in the context absolutely not. and now jeff seeger -- who always manages -- to brighten my day. [laughter] are question going to close higher today? yes or no? >> yeah. here's the -- what i believe -- [laughter] i think today we will close higher but i want to just express some of my concerns going forward. >> you always do and you know

what i don't to be known as guy that rains on everybody's parade. >> but you are. but i'm a realist and problem i have with this market -- at this stage is that we are dealing with the consumer now that might attacks as a result of these tariffs and the number continues to get higher and higher that will negate a lot of the efnghts that could negate a lot of the efnghts of the tax cuts which by the way -- i love and even agreed to do a backflip over them when they were enacted so -- >> are we going to close higher today? >> it took seconds to get there but you have to get two cents worth and that's fine. i want to talk about oil and opec opec says they're going to boost production by 600,000 birl a day. if that's the case why -- christina is the price of oil up over 2%? >> we're seeing climb higher because of the increase in demand and 600,000 barrels per

day. may not satisfy the increase in demand. plus you have some members in opec and iran being in the mix that doesn't agree with this -- 600,000 barrels per day. so there's a lot of questions will this actually go through, do they trust each other? will they statistic to that production level and that's often been the big question with opec so -- >> i'll try to take this as a positive because if the price of oil is up because demand is still pretty strong -- >> strong across the globe there's concern that pushing oil forward u.s. is doing very well they have production and beat scraib but you have india countries that can't handle u.s. dollar, and it is making it expensive to them. >> i'll take this as a positive be quiet. have a look at netflix and amazon and facebook i'm sorry that's rude of me. i do harsh on a friday morning sorry everybody. amazon, facebook where's the other one netflix they've been tear roongtly on your screens right now here's how

they've opened facebook is down 5 a cents. 201 a share. amazon up again, 1736 is your price now. and we have apple up alphabet up microsoft is down a buck. now david i ask this question every single day. these -- they're on a tear, on a too expensive for a guy like you to buy. >> they are. and this model but the laws of gravity in terms of evaluation have not been overturned as we're going to talk about later revolt in the ranks and concern in congress about privacy. about monopolization and there's headwinds investors have to factor those in. >> christina throwing up a -- >> i agree with you i wish they would factor that in but you saw with facebook data scandal this is past entire year and stock roaring higher not a lot of competition when it comes to platform and dominating in ad revenue. >>s>>that is very true and if yu would have said too expensive

can't get into them now you would have been wrong because they keep on powering higher look at amazon right now 1737. >> i can't get in. you talk about splitting amazon yesterday. [laughter] they're not going to do it. >> i don't think so. stuart: another amazon story this one for you liz employees not happy or wait for it. again, the politics of these big tech companies, employees don't like giving facial recognition technology to the police -- >> these amazon has a really sharp facial reck neglection software program workers saying to jeff bezos don't sell to the cops or to law enforcement it could be used to do mask surveillance of civil right protest we've talked to detectives we don't have time to do that. they have somebody crimes trying to solve. so the other thing this is all a piece of watch this -- silicon valley companies are really fearful now -- that tech workers -- will unionize not for labor union type models, principle

union and this idea tracking right now is spreading across the silicon valley. >> i want to defend america they don't want to defend america that's what they're doing and i really -- >> they want to have a voice in what they work on. >> that's my case i really object. christina this one is for you what's this about amazon prime day? . that's a day of deals and in the u.k. on their website they accidentally put out the date of the amazon prime day which is supposed to be -- july 16th that's when there's a lot of deals, however, this could be a -- ploy where they put the 16 out and few days earlier so everybody is excited for 16th not expecting a day of deal what do you get a discount on fire, tv stick, whole food products possibly there's a lot of deals, and other competitors have followed suit j.c. penney does their own thing you have target as well. >> amazon is up again. 1735, 28 as we speak. all right, get to that supreme court decision which said, internet retailers can be required to collect sales taxes from all of the states. jeff -- you made a fortune buying real

estate near amazon warehouses what do you think? amazon can attack this in its stride can't it? >> yes, here's what the government has to realize. first of all, what people have to know is this is a tax on consumers. not going to affect amazon directly but it will hurt competitor of amazon the smaller companies that now have to hire, create this infrastructure to clengt state local and federal taxes that becomes problem. and that's a problem that -- people have been concerned that amazon has -- approaching what could be monopoly this strength pes their position because they could collect taxes if they need to -- the real loser in this is the consumer. biggest winner is state government. >> spend states like california, july, and new york, you know this is really for now is limited to south dakota but face and apse of the holiday shopping

christmas season looking for a way in this and watch how they're doing it looking at massachusetts molds they're arguing that a physical presence of an internet retailer out of state in the state of massachusetts is that internet leaves cooky on shopping website. on their own computer rather. so just a little cookie justifies that internet retail rses presence in the state of massachusetts. that's the foot in the door the nose under the tent for other states to follow and start collecting -- watch how states like new jersey, new york how aggressive they are in enforcing this to wipe with out smaller online retailers and we need them. we need them to -- to level the playing field. >> don't forget about the positives for traditional brick-and-mortar retail rs i think a lot of that has been anticipated and been a nice runup this year and saw a nice pop in those that specialize in mall based properties so there are some winners here out of this. >> check the big board almost at

high of the day. that is up about 140 points we're now at 24,600. let's get to chipotle another commercial. test a new menu -- a new item include quesadilla, nacho and avocado toast ta-da like the taco bellmen ewe. >> guy who ran taco bell starbucks complaining that frappuccino sales are down because people are more health and chipotle with that menu. >> this is up. desperate company like i've said before on your show the fact that they have such an eboli -- e. coli -- mixed it. new bacteria. >> you don't want that one. >> you're brilliant. >> wait, wait you have to be clear about this they e. coli problem. >> that's right. and you can't call them desperate stock is back up to 460 a share.

>> to take the taco bellmen ewe i consider an act of desperation. >> people -- copy each other all a of the time and you what i'm looking for that nacho breakfast brito let's go after the show. [laughter] >> a lot going on as disney abc picks up roseanne spinoff which will be called the connors and will not star roses an barr earlier this week disney raised its offer to purchase most of 21st century fox of this show and disney made $2 billion at the domestic box office this year between its marvel and "star wars" properties, now stock price has been flat recently just over 100 a share, you buying? >> we like disney here. all media companies other than netflix have been underpressure because of netflix fix -- competition but this is going to come out with a own streaming pulling back from netflix are there some concerns yeah how much do they pay for 21st century? >> how much more --

we shall see. indeed it is 9:40 there you have it i'm done and so are you and david, gentlemen thanks so much for joining us we freerkt it on this friday morning, and -- yeah. hello. i'm terribly sorry thank you christina. and ashley we appreciate it. we really do. see such a fixture i forgot all about it. check the big board we're up 5 points right now at 600 thereby two stories to call outrageous. jiminy fallon apologizing for messing with frump's hair on his show during the election before the election. and basket hall of famer kevin mchale getting criticized for attending trump rally in minnesota. can you say -- trump derangement syndrome we are on it.

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>> where are are we now we opened up 140 right now we're up 131. 24,590 tesla, i can't believe this they're making cuts to their solar division nicole come on in and tell me why they're doing this. >> remember solar city under their umbrella so cutting as part of their 9% worse force, the the solar installation facilities, they're closing more than a dozen of those and making cuts across the board with that. we don't have too much detail on it. they haven't really disclosed all of the details. but they did say and i know you've said that you really think tesla is very much a battery company. we continue to expect that tesla

solar and battery businesses will be the same size as automotive over the long term. back to you. >> got it nicole thank you very much indeed get on to trade -- our next guest he wantses a very simple straightforward deal with china. one-on-one -- a bilateral deal we do business straight with request them. one-on-one that's what he wants. jim is with national association of manufactures have i got it right a very simple deal that's what you want. now you've been -- in a deal "white house. but you've been in touch with the white house. is that what we're going to get with with china? >> look, you've got to -- put all of these pieces together. and -- presidents way of negotiating different than most administrations we have seen in the past our hope is that it will lead to a very strong rules base system with china that will end intellectual property theft and dumping aluminum to force china to quit --

>> am i right in saying that we're using tariffs as leverage to get some movement on the theft of intellectual property and force transfer of technology. that what we're doing? >> you know what stuart i hope you're right. but i don't know that we have the answer to that. if that is indeed the goal of the administration, it is a great goal. we have to end the theft of intellectual property we have to end china's ability to cheat on a worldwide scale and harm manufactures in the united states and if ultimate goal is to create a rules based system through a bilateral agreement with the united states and china, what is -- that is a great goal that would be a great outcome. >> manufacturing, though, is doing very, very well in america at the moment isn't it? i think manufacturing jobs are way up. didn't you do a survey of confidence and confidence in a 25-year high? >> it is a 20-year high we've been doing this survey for 20 years it is a 95% optimistic outlook by manufactures and by

the way that's manufactures of all sizes. that means large, small, everything in between. 8% of our manufacturers say that they're going to invest in new -- plants and technology 77% say that they are going to hire new workers and 72% will rage benefits and good time to manufacture in the united states and it is a great time to be a manufacturing worker in the united states and frank we want to keep those good times coming. >> so we're dealing with china from a very strong manufacturing stance. if you're so strong, we've got a strong hand to play with china. >> well i think we do. and you know, we are very fortunate right now that we do have a runway of a strong economy. it's -- you know being predicted three to 4% growth this year. that's fantastic. myself i probably would lying to see that 6.the president talked about during the campaign. >> to get there. a better than we've had. no question about it. but do you think we can get to

6% orven 5% because that qowb prosperity indeed. >> i do. i do because look we have the right tax policies in place for the first time in 30 years. we have the right regulatory environment in this country. now question of to get trade right and i will tell you that -- i will say very, very clearly. tariffs are never good. at all for any economy or for any consumer. so if the tariff play is -- a point or tactic to get china and other countries to negotiating table well that's a good tactic. it worked in the reagan years perhaps it is exactly what this administration is trying to do as well. dges would you be okay with the president suggestion get rid of all tariffs? free open trade you would be okay with that? >> well absolutely, but -- that means everybody has to play by all of the rules you with lift tariffs but you have the betz of our intek chul property that's not a good situation. so you have to have a rules base system that --

makes sure that manufactures here or anywhere are are not disadvantaged everybody has to play by same rule it is that would be a great outcome financial >> got it jay thank you for joining us much appreciated it. see you again soon. where are we now on this isn't that correct? we have come back a little bit -- we were up 140 now we're up 110. but you're still with an awful lot of green on that big board so far. now this -- two examples of what i keep calling trump derangment from jimmy fallon sorry for messing trump's hair before the election -- and the critics who say kevin mchale should resign as an nba analyst simply because he attended a trump rally. [laughter] can you believe that? mgx minerals' disruptive technology can extract lithium -

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for attending trump rally in minnesota calls for him to resign as nba studio analyst independent tammy with us now. what the devil is going on? >> you know, it is interesting, the opponent of donald trump say he and his supporters are are unamerican and, against american values the ultimate on american values is punishing people and getting them fired. because of their political positions, this nation is different in the league of nations if you will -- because we're able to have that freedom within a democracy to choose our positions. to advocate for them, to vote freely as individuals, and now the message from the mob is that if you even just participate in the process -- if you disagree with them you will be punished. that is literally the ultimate frame qork that opponents are punished and removed from the scene. this is -- they're becoming or at least

maybe have always been what they've accused trump and his supportsers of being and it is qort everyone standing up against the people who are targeting with it. and trump supporters have already done that, they've stood up for what they believe in and, obviously, mr. mchale should as well. >> away the there's more tonight show host jimmy fallon apologized for mussing trump's hear when was he was a candidate when he interviewed him touring the 2016 election. here's what fallon said in part quite a long statement in part, if i made anyone mad, i would do it differently. he actually said he was criticized for normalizing donald trump. what again i ask the question what on rt is going on? >> normalizing what someone changed thinkings dramatically for the american people we better normalize that but that was jimmy is funny one of the better hosts if not one of the begs ones in willingness to nflt have good time with someone in that environment.

but yes, he too faced a huge backlash he apologized in a -- daily "vanity fair" the same shock he experienced and once again now and what is interesting is how pathetic it is and saturday that you're mo to this point now that we know what donald trump has done and other strange thing they have a chance to define him when people didn't know he would deliver but now he's delivered whether mckale in this situation a man who changed peel's lives for the better i'm not quite sure what they're afraid of. >> amazing stuff. just amazing. you mess his hair and you're rejengted. >> you answered this -- you going to break? >> i have to go to break. break. sorry but another two hours to go. by the way, it is confirmed susan rice pulled her cybersecurity team to stand down on russian meddling the probe of russian melingsing° the 2016

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stuart: months before the 2016 presidential election, the obama team knew that the russians were meddling. our national security council add a cybersecurity team in place looking into it, trying to figure out what were the russians up to. then as the election campaign was in full swing, the national security or adviser, susan rice, told the team to stand down, stop working on options to counter the russian attack. the man in charge of our response confirms the stand down order. another member of the team told the senate this week that he was incredulous and in disbelief. he asked why the hell are we standing down? that's a good question. we knew they were messing with us, but our defenders were told to stand down, and we did until after the election. yes, they turned the

investigation back on in december 2016 after hundt had lost -- hillary clinton had lost. doesn't that sound like they were looking for an excuse for trump's stunning win? obama was still the president and susan rice was still the national security adviser, why not try to blame russian meddling? they needed cover. so bring in those very reliable people at the fbi and make it look like trump's the bad guy who got russian help. hey, the media will buy it. they'll buy anything that supposed hi makes trump look bad. when susan rice gave that stand-down order, hillary clinton was widely expected to win so nothing would come out. it's like the irs targeting conservatives. obama was president, so nothing would come out. but it has come out. and it confirms the view long held on this program that the obama team used the mama chienly of government -- machinery of government to beat up its opponents. that's not the way this

constitutional republic is supposed to operate. the second hour of "varney & company" is about to begin. ♪ ♪ stuart: all right, let's get to money. we'll get away from politics for a second. i think this is the high of the day. now we're up 170 points. how are the big techs doing odd? most of them, actually, are lower. only apple is higher. amazon, facebook, microsoft and alphabet on the downside this morning. look at the price of oil, please. it's now up, what, $1.72. that's about 2%. opec has agreed to boost production by 600,000 barrels a day. i'm trying to figure out if you're boosting production, why does the price go up? we'll have an answer for you at some point, promise. let's get back to my editorial, my take, top of the hour, and the order to stand town on russian meddling during the election. joining us now is former white

house cio, teresa payton. you know a lot about cybersecurity, so can you tell us why was the cybersecurity team told to stand down when we realized that the russians were meddling in the election? >> well, this shows you that in the moment making decisions are hard. you know, on the one hand they thought, well, maybe if we stand down, maybe this'll go away, and it won't be bad. and if we act too harshly, maybe we're going to have an all-out cyber war. and i think what we see now is we actually had the all-out cyber war in the form of political espionage by not acting. stuart: so we stood down, but we still got an intense cyber war. so whatever -- and you're giving them an awful lot of very nice credit there. i mean, you're taking the very positive side of this picture, aren't you? >> well, i mean, i think these decisions are hard because the playbook needs to evolve, and candidly, now is the time -- we've got to act mow and take these lessons learned from the

inaction of the last administration and take action now. obviously, talking to russia doesn't work because obama had a one-on-one. russia agreed to stop, and what they did was they started hiding in plain sight using different tactics. we -- the economic sanctions need to be internationally based, not just coming from the u.s. and we really need sort of an all-out effort to do threat hunting. we need to be going after proactively looking for russian meddling, looking for other countries using their playbook meddling and really going on offense now. stuart: may i just take the other side of the coin for a moment? we knew that the russians were meddling. we got a cybersecurity team in place checking it out. what's going on, how do we stop this. and along comes the national security add -- adviser, very close to president obama, and she says, hold on, stand down, knock it off. just knock it off, stand down. are you ignoring the politics of this situation, bearing in mind

that it was the clinton team, the clinton campaign which was out this there funding a russian dossier? you're ig mothering the politics -- ignoring the politics, respect you? >> well, i'm not ignoring the politics, and i think you're right, obviously in hindsight not taking action was not a good thing, and politics did play a part in that. but as a cybersecurity expert, i agree with you. we were sounding the alarm in the cybersecurity industry in 2015 saying that the russians had a playbook of economic espionage, political espionage, and they weren't going to stop just by being talked to or economic sanctions. actually, my concern if we don't continue to take these lessoned learned and, you know, i would have said press forward because you're going to have a cyber war anyway, but i wasn't on the team making those tough decisions -- stuart: but if we'd have pressed forward, they might have found something that was really damaging to susan rice, president obama and hillary clinton.

you admit that. >> well, that's very possible -- stuart: very possible. you think it might be probable, do you? >> it's -- and, again, i think the forensics of the situation and the information that's come to light, you're absolutely right, there was information there. but again, one of those things sort of in the -- if you look at the diplomacy, they were very consistent. when they look at north korea, you looked at china, you look at russia, they tried diplomacy to ask them to stop with the cyber attacks that were happening not just on the u.s. government, not just on the elections, but also on american businesses and american citizens. and that diplomacy has played out not to work. and so new measures need to be taken on the go forward. stuart: i think we'll have to agree to disagree. i see the dark side of this, and you don't. but i'm sure the debate will continue. theresa payton, thanks for joining us. >> thanks for having me on. stuart: sure thing. back to oil, up $1.80 now, $67 a

barrel. i don't understand what's going on, david. if you raise production by 600,000 barrels and opec says that's what they're going to do, why does the price of oil go up more than 2%? it should go down if you're raising production. >> but not if they were expecting it to be a higher production increase which is exactly what happened. oil had overcorrected. they were expecting a million to a million eight. they came out with a million, but here's the thing, stuart, they're prorating it across members. venezuela, iran and iraq have no more capacity, so they're not going to be contributing which is where they're getting the 600,000 figure. so the reason prices are going higher is simply because the news was not to the degree that was expected. stuart: now, did you see this coming? because for a long time on this program you said invest in the big oil companies, specifically are exxon. you see it coming? because exxon's up 81 today.

>> yeah. stuart, if i ever give the impression that i got something right because of a one-month or three-month projection, then i'm doing something wrong. my thesis was not about what opec would do now. my thesis is about what america will do for the next five and ten years. we are the marginal producer of oil, not opec, not saudi arabia. our thesis is based on the fact that we have more production capacity, and we have lower cost structure to produce it than we've ever had because of our technology, our innovation. this is a long-term story based on the exxons and chevrons that we've talked about on your show before and based on the pipelines that need to get that oil to market. stuart: david, we love having you on the show because not only you deal with the markets as an active investor, but you also are prepared to answer political questions. and i've got one for you, okay? here we go. amazon employees upset about giving facial recognition technology to the police.

google engineers refusing to build a security tool that would help win military contracts. they don't want to defend our country. i find this really bad news, david, when our very powerful technology giants refuse to defend america, refuse to help the police force. i've got a problem with those tech companies, all of them. do you? >> i do, stuart. but let me say something. i don't believe that this is a political issue. i believe that you're identifying a cultural problem. the disconnect in silicon valley, which is reasonably pro-market, pro-innovation, pro-growth and obviously pro-profits last time i checked -- [laughter] their impulse to be opposed to national security and rule of law is a tremendous cultural problem that comes down to the fact that people are no longer being educated about the first things and foundations and nature of our liberty.

i can't say this strongly enough. it is not a mere political fight and it is obviously not an economic or market contention. this comes down to an underlying struggle in the country about the very principles and foundations where we come from. and i think that it speaks to a deeper cultural issue, and i very much believe that we have to get it sorted out in the years to come. stuart: real fast, let's get back to money for a second. when you look at the five big technology companies, they're going to be reporting their numbers, their profits in, what, two or three weeks' time, i think it is. can they keep up that 20, 30, 40% sales growth, revenue growth increases? can they to that? >> each -- they do that? >> each company has to be looked at differently. i would say as a generic answer, no. some of them will surprise to the upside, some will not. but at this point more than any point, they really need to be bifurcated and not viewed monolithically, and i think each

one has a different revenue and profit outlook, and all of them are quite expensive. stuart: got it. david, always a pleasure. thank you for joining us agained today. >> thank you, stuart. stuart: big hour coming up on "varney & company." white house national security adviser, john bolton. he traveleds to russia next week -- he travels to russia next week. i'm going to ask is president trump sticking it to the europeans by doing a summit? sebastian gorka will have an answer for us. the p how about punting -- house punting on an immigration will. ing the gop can't agree on anything, and i say the democrats will pay a political price if there's a deluge at the border. they'll a pay the price. late night host jimmy fallon apologizing for roughing president trump's hair, says he made a mistake, apologizing if he made anyone mad. brent bozell takes that one on forcefully. now, i hate studies, i don't

really trust them, but i have to admit this did catch my eye, true or not. millennials are too lazy to go drink at bars -- i don't believe it -- and they're terrible at tipping. i might believe that. bar rescue host jon taffer will join us later this hour because you are. watching the second hour of "varney & company." ♪ ♪ how do you win at business? stay at laquinta. where we're changing with contemporary make-overs. then, use the ultimate power handshake, the upper hander with a double palm grab. who has the upper hand now? start winning today.

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stuart: high of the day, ladies and gentlemen. looks like we may well snap an eight-day losing streak. right now we're up 183 points, 24,6, and there are now 28 of the dow 30 in the green. they're up. only home depot -- oh, microsoft, the only two dow losers. where's gold? when stocks are up, gold is up just a buck, only at $1271.

let's get to immigration. the house delays that vote on a bill until next week. the president is tweeting about it. here's the tweet. we must maintain a strong southern border. we can't allow our country to be overrun by illegal immigrants that the democrats tell their phony stories of sadness and grief, hoping it will help them in the elections. obama and others had the same pictures and did nothing about it. a favorite guest on the show, louie gohmert, republican from the grate state of -- great state of texas. >> you bet. i've been there many times, all hours of the day and night on the border. stuart: i think we've got a mess here. the republicans are split, not going to get a deal done -- >> not really. stuart: democrats don't want a deal, you won't get it through congress, and we've got a surge coming at the border. >> yeah, we do. stuart: they're going to blame you, louie. >> they can, but the problem is our leadership. it is not -- you look at the goodlatte bill --

stuart: louie, i'm sorry to interrupt -- >> we could have passed it. stuart: -- i do apologize, this is not the time for finger pointing. this is a time we admit we're not going to get a solution here. >> no, you can. we had a bill that nearly passed. it's not too late. as others pointed out. and i'm not finger or pointing, i'm saying this is how we fix it. stuart: no, you don't. >> we had 193 on goodlatte -- yes, we can pass that bill. stuart: so what? it's not going to go through the senate. they're going to reject it. >> well, yeah, but that's how the process works. if we pass things that we believe in, which the goodlatte bill would be without the amnesty, then it puts pressure on the senate. we have a compromise bill that's basically an abdication of everything that got president trump elected, and that's going to go down to the senate and then we're going to compromise on the compromise? stuart: okay. >> that's not the way we have -- just you nailed it, stuart. we have a huge problem on the border, and because of all this talk of legalization that surge

is going to multiply. stuart: yes, exactly. >> now, that is an emergency. stuart: i want a prediction from you. it is an emergency. a surge is coming. >> yeah. stuart: what do you think america will do? what do you think we will do can when that surge arrives? i think there's a parallel with europe. remember angela merkel let in that migrant army, destroyed european politics and really broke up europe. >> yeah. stuart: could the same thing happen here? >> no, it could not because germany had angela merkle, and we've got donald j. trump. [laughter] that's the one thing that will keep us from falling into their trap. and so i think the president did the right thing. i appreciated his tweet today more than you can imagine. he is on track. the problem, though, and i know you might say this is finger pointing, but this is how we arrive at a solution. figure out where our problem is, fix the problem.

we have leaders who were totally opposed to every single thing, the big items that got donald trump elected. our speaker said after he was elected, wow, he was hearing voices none of the rest of us heard. well, yeah. some of us were saying the same thing that president trump was, and we have leaders that are tone deaf to what's happening in america. i guess they're listening to the national chamber or something, but they're not listening to the rank and file. stuart: okay. i've got to jump in. >> and god bless the president, the people buying stock, they understand what the president understands, and that's why stock went up today. stuart: gotta go but, louie, always a pleasure. >> we've got to get it done. stuart: yes, you do. >> we do. thanks, institute. stuart: see you again real soon. by the way, once again the producers of the program are allowing some, repeat just some, world cup coverage. here's the headline. sanctions caught up with iran. no one wanted to outfit their world cup team, so the players

have to buy their own shirts, would you believe. that's our world cup story. we'll follow it for you after this. ♪ ♪ let's begin.

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click, call or visit a store today. stuart: here it comes, a series of breag items from the supreme court. this in, a ruling in a case about the police using your cell phone's gps information. can you simplify? elizabeth: supreme court said, yes, police need a search warrant if they want to get the location information on a consumer's, a person's

smartphone. so they do need a search warrant to get that information. finish it could be a precedent here, stuart. it could be -- this ruling could also mean that the, you know, police need access if they want your bank records, your credit card information, your phone records, you need a search warrant first. stuart: justin, you just said something in my ear about the location history. yeah, okay. if they want to search your location history. elizabeth: that as well. stuart: where you've been -- elizabeth: yes. stuart: -- you've got to have the warrant. elizabeth: that is correct. stuart: if you didn't, that would be an illegal search. elizabeth: that is correctment. stuart: e okay. you've got to have a warrant if you want your location history. which, presumably, you could get fairly easily are. hold on a second, this one's in favor of schlumberger, the drilling and oil company. it was a pat innocent dispute. the -- patent dispute. what was the story? elizabeth: ruled in favor of

schlumberger. the hottest thing in oil drilling right now is finding new oil wells under the ocean floor. schlumberger is the biggest player worldwide in this seismic mapping for drill wells. and, basically, they had an invention that let them easily find those wells under the ocean floor. another company basically got the information to develop that invention, ion geophysical developed their own mapping -- seismic mapping, drilling invention, and they -- schlumberger sued. president trump said, advocated for schlumberger, you know? stuart: they won. elizabeth: and they won. stuart: clearly, they won in the supreme court, a sudden boost for schlumberger, up 4%, $2.61 per share. to summarize, the police need a warrant if they're going to search your cell phone for your location history. number two, schlumberger wins in

a a patent dispute, won bigtime, and that stock is up. two results from the supreme court, we got 'em. thank you, liz. elizabeth: sure. stuart: i mean, it's real legal genius to figure this stuff out. that was pretty good. [laughter] okay. coming up, a new poll shows half of germans who were polled want angela merkel out. i say the migration problem's catching up to her, and i'm sure sebastian gorka, who is next, will agree with me. i really hate these limp little studies, but this one did catch my attention. millennials, says the study, are too lazy to go drink at bars. i absolutely don't believe that. and they're also supposed to be terrible at tipping. maybe i'll give that some credence. jon taffer, bar rescue guy, he knows all about this. he'll join us in a moment. ♪ ♪

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>> austin -- our floor manager just said is this the beatles? he just said that. can you believe that? well you're working -- never heard of them? [laughter] i say -- i have to talk sock we are you. in the world cup check the big board up not as much as we were, we were up 180 now we're up 120 we'll take if . how about those tech stocks, the big techs when we started this show i think almost afl them were up. now -- despite the campaign for the dow, all of them are down facebook amazon, apple alfa bet an microsoft all on the downside now this. national security advisor john planning to go to russia next week. his job is to prepare for a possible meeting between trump and vladimir putin look who is

with us sebastian walker i say sebastian -- that president trump and john bolton are sticking it to the europeans. what say you? >> they are, they are -- [laughter] >> i know you want to talk about soccer instead -- but seriously, i think this is more, more an important moment for the formally or kgb colonel because he's trying to demonstrate relevance in age of trump. i mean, he's become, you know, you with look at not guilty korea, you look at isis -- the challenges of china and revitalizing nato as if putin season nowhere to be seen. the president, president trump has rearranged the go politics globally, and now i think he's desperate i'm glad that we have met with everybody else first. and that putin is at the end of

the line. but there could be a little bit of sticking it to the -- eu has its own problems under the circumstances own problems right now. >> prince charles and camilla are now visiting the town in england where the russians poisoned a couple their former agents. i don't think the brits will be very happy about us having a summit with putin. but do you care? [laughter] >> hey, look -- everybody, everybody moans, everybody wines whether it's about tariffs or whether it's if -- you know, anything the the president does. but it doesn't matter stuart. because at the end of the day what happens. they get in line and they follow our lead. american leadership is back and they wine and moan but in the choice between, it's like iran and the jcpo iran deal you have to ask yourself germany who do you want to choose between good relations with america or molars not a hard question to answer.

>> i want to ask your opinion on a parallel between what's going on in europe with immigration and what is going to happen in america. three years ago, angela merkel opened doors to that migrant army and changed europe forever and changed european politics forever. i want to know the same thing might happen in america when the next surge arrives at our southern border and the open boards policy of the democrats lets them all in. is there a parallel? >> stuart, the connection undeniable. absolutely true. why? because on both sides of the atlantic, you have a very powerful block whether it's angela merkel in germany or whether it's the democrats here in the united states who believe in no borders. there's no numerical limit to how many people they wish to let in to their territory. they are denying the national sovereignty of their own nation.

that's why merkel is in trouble. that's why donald trump got elected. remember the first policy plat pomplet real estate mogul from new york was -- build the wall it wasn't defeating isis but to stop the immigration madness so connection is absolutely there stuart. >> thank you very much indeed sebastian we'll see you again soon. thanks a lot. >> thanks stuart. just got this coming out as trump tweeting this is about trade. he says based on the tariffs and trade are barriers, long placed on the u.s. and its great companies and work rs by the european union if these tariffs are not soon broken dun and removes we'll be placing a 20% tariff on all of their cars k078ing into the u.s. build them here. we have european autostocks all of them down again and down all week and that may have taken some of the heat out of the dow. we were up 180, now we're 124

total switch of gears millennial reportedly drinking at home this is one of the surveys they come out with it periodedly i don't know who wrote this one but survey says they're too late to go to the bar. rescue guy and host john clapper is with us. i don't like these stupid surveys. do you? i don't believe for one moment that millennials prefer to drink at home in a too lazy to go out. >> well this is a little bit i think from what i'm waving in the industry but from a research firm. i don't buy 28% and the logic that they use how it is that it is too much effort to go out. [laughter] now, it is a little indiggive to brick-and-mortar retail business the fact is there's a trend to shop online at home and even date at line and home have food delivered at home. so there's a little bit of a trend on this. but i'm not certain it is 28% because they don't want to make

the effort. >> i can't believe that people are too lazy to go out to meet a potential partner in a bar. too lazy to go to do that. i digress i'm very sorry. >> when we were younger we are weren't lazy it be. >> no, sir we were not. [laughter] moving on -- a separate study says millennials are bad tippers. do you know anything about that? >> yotd, and there's some legitimate to this one so 10% toangt tip as all compared to 3 who do and that's a big number if those who do tip they do tip about 15% whereas others older will average about 16, 18% but tip who is highest females over 65 who tip about 20%. >> well i was a wait where i first came to america. elizabeth macdonald who is with with me hoar you were in the waitress business. >> i was terrible at it. we're big tippers because that's

how we started out. >> me too. so we have a sensitivity to that industry. but clearly as people get older they tend to tip more. >> who do you think -- >> feel for those working. >> could if be that as the minimum wage rises for many people in the restaurant business -- we the customers are less prepared to give out 15, 20% tip. less prepared to be generous because the wait trees is making more. >> well that's the case in some cases and that's why some of the millennials prefer to see a service fee on -- so they don't have to tip. they don't want to make the choice. >> i'm sorry john i'm old fashioned i think it is -- american generosity you have it spread it around to youngsters trying to make something of themselves. it's a very american thing and i like it. >> me too. did you know john that sometimes i'm in new york i'm mistaken in a restaurant for a tourist. and they know that british tourists don't tip so i get a lousy table i have to explain

i'm an american i'm on television in america. i tip big. i have to flash money when i walk in the door. do you believe that? >> i believe that. down in florida, where there's a lot of european tourists, that's a predisposition to have an accent and not get a tip. they add a gratuity to parties of six and more in many cases because of that. >> quite right too. [laughter] john, a pleasure. thanks for being with us. >> good luck man. u.s. sanctions against iran -- [laughter] amazingly are affecting the iranian world cup soccer team. edward lawrence has the story. you have to tell me more on this edward. >> they are seeping into the world cup here now iran for the very first time made back to back world cups. but you know what they're having trouble finding uniforms and shoes -- the u.s. company nike declined or backed out of making the shoes for the iranian national team. and also adidas declined to make officialier so because u.s.

sanctions they don't want to break sanctions going forward, in fact, players on iranian are national team had to buy and customize their own jerseys. putting their own names and numbers on those jerseys . as you go further you look at the official phee is a.com store for merchandise with looked for iranian jersey on that website it is not there. but if you look for another team let's say france you can find different colors, sizes, as well as home or away jerseys and business sports analysts are saying adidas will sell a record 8 million jerseys during this world cup period -- various other countries but be just not iran. it was also affecting the russians, in fact, the sanctions were put in place when they tried to crimea affecting russian economy so, in fact, russians are buying less this world cup, in fact, dee das is finding that in the leadup to the world cup here in russia, there's specifically russians are buying half of what they bought in the the leadup to the 2014 world cup. stew. sk apart from that edward it was

a fantastic world cup thus far. you're an american. have you watched any of it? >> yes, i'm a huge soccer fan, in fact, i believe you know with you look at the traditional germany spain ping france this was france's year -- two of my players from my club team chelsea are on french team, and so i think it is their year. >> now he tells us he's a chelsea fan. [laughter] you'll never make air again on this program, son. edward lawrence you're all right thanks for joining us. great stuff. blackberry yeah they were the fist big cell phone company if i can call them that. they became a self-driving car company. next we're going to talk to the ceo john chen where are they going next? we'll have all of that in our next hour. late night host jimmy fallon apologized because he ruferled donald trump's hair when he was interviewed as candidate trump in 2016. he says, he made such a mistake many doing that even going anywhere near trump that's a mistake he apologized if he made

anybody plaid. brent bozell i hope he responds forcibly to that and i know he will, after this. six in the morning. she thought it was a fire. it was worse. a sinkhole opened up under our museum. eight priceless corvettes had plunged into it. chubb was there within hours. they helped make sure it was safe. we had everyone we needed to get our museum back up and running, and we opened the next day. that's it. i'm calling kohler about their walk-in bath. nah. not gonna happen. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help.

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manufactures president, told us last hour look at this. manufacturing confidence now at all time high. >> it is a 20-year high we've been doing this survey for 20 years that is a 95% optimistic outlook by manufactures by the way that'ses all sizes that means large, small, everything in between, 88% of our manufacturers say that they're going to invest in new plans and technology. 77% say that they are going to hire new workers and and 72% will raise benefits and good time to manufacture in the united states and it is a great time to be a manufacturing worker in the united states. hi.i just wanted to tell you that chevy won a j.d.power dependability award for its midsize car-the chevy malibu. i forgot. chevy also won a j.d. power dependability award for its light-duty truck the chevy silverado.

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>> show me a red hat please there are software maker look at them go down 11% drop. why? well they came out with a really weak forecast. when you do that, your stock take it is on the chair that's what's happening now red hat down 18 bucks share and then we have tonight show host jimmy fallon apologizing for mussing trump hair when in the 2016 campaign this is incredible media research sent the president brent bozell is with us. i'm loss for words brett i can't believe you have to apologize because you have contact with a candidate couple of years ago.

>> yeah. look this is the state affair on television today kind of interesting i think that late night television has looked to the left. to be its audience -- whether it's colbert or jimmy fallon and jismny kimmel audience they want is a liberal awngs and the audience that they have didn't like it. didn't like that he was having fun with donald trump so the fallout was furious against him for doing just that. and as a result -- he has to publicly apologize. as this is no different than so many other things that saying like kevin mchale from the boston celtics who is being savaged for being in a remount with the president of the united states. >> all he knows was nothing like this in minnesota thing. that's all we did got to all he did. was appear at the minnesota rally for donald trump. and now, some people say he can't be on the air even you can't do on board analysis for the nba. i mean, this is ridiculous,

brent. >> it is a fair statement to say that this is never happened in the history of the republic. that there's a movement so radical in america that it would sensor and qowld attempt to destroy the career of anyone in the same room as the president of the united states. now it doesn't matter what you think about trump. it doesn't matter what brett bozell think about barack obama or bill clinton before him you've never ever heard a conservative to suggest that a man shouldn't have a career because he was in the room with the president of the united states. i think liberal the people who need to write at this point are liberal. not conservative or moderate but liberals because it is the radical left that i think ultimately is hurting them more than anyone else. this is something george qowld never have stood for. this is something that teddy kennedy would never have stood for. i don't know what barack obama stands on this. i'm waiting for him to denounce

these. >> can you assume that the left is winning with this? is it -- do you really think it is a winning strategy? >> no. i think that -- donald trump will win reelection to the presidency because of this. i really do. i think that television commercials are being written already for his campaign. do you want a president who will champion this kind of behavior? and i think donald trump wins reelection if he runs on this kind of campaign. i think the public doesn't stand for this even poo overwhelm don't support donald trump knows this is wrong. >> abc news they totally aired a wrong graphic which read -- paul manafort pleads guilty to five charges of manslaughter. this is the same network that gave us brian ross who tanked the markets on that false report about russia, russia, russia. what do you make of this latest from abc? owned by disney? >> you know, you could be innocent but the problem is, that abc is just getting caught in making one outrageous

statement after another against donald trump and against conservatives the same network where joy called -- a christianity a mental disease and took a month and a huge amount of pressure before she apologized. it was -- you know network of brian ross tank in the markets it's the late night comedians regularly cabbaging trump this is a network that if when it's not making this mistake is just attacking him just purely attacking him so they say they're doing an investigation into this. i would like very much for them to explain exactly how that happened but this is what happens when people don't trust you. >> brengt. i'm really glad that you're on top of all of this. the media research center, we need you guys and i hope you can appear more off on this program. brepght bozell thank you very much. >> thank you. our next guest today he's worried that china is weaponnizing the south china sea he's a retired navy admirable

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our military plains are being targeted by lasers off the china coast. admirable robert is with us admiral welcome to the program. now i'm sure you've got other examples of the weapon autoization of the south china sea give me some examples please. >> well we know for a fact they've dredged sand on shores and wall wreaths in order to mae enough land to deploy bombers and fighters out there. they've also installed surface to air missile system and surface to surface missile systems. >> what's the strategic implications of this challenge to american sea power? >> well, it's not only a challenge to american sea power but it's -- real challenge to freedom of the seas. they've laid claim with no historic basis and no legal basis to reefs, created islands

and put weapons on them so as to -- for stop shipping if they choose to -- our way from the straights up to -- china, japan, taiwan, you name it. >> have we challenged that? >> we have been be challenging it on a regular basis by sending our warships through the seas that are international waters inspite of the china claims. they've been challenged by chinese aircraft and sheps. but we continue to do that as do some of our allies. but -- there needs to be a bigger outcry by the international community to say this is just abject seas and lands and resources. >> for much of the last what 60 years, the pacific has been an american lake. and the south china sea has been controlled largely by the american navy. what asian asian nations what do

they think about this challenge to america's supremacy in the region? >> well, they can take confidence that we are remaining there and we've shifted some naval air assets out to the region. but having said that, we require other nations who are like minded and abiewd by the rule of law to make challenges with us and encounter this cross seizure of seas and resources bit chinese. >> it's not going to stop the challenge will not stop, right? >> no, it will not. they initially seizure of the lands and dredging plain that it was for just for pleasure and not weaponnize is and now seen a couple of years later they have significant weapons on these islands. chghts admiral matter thanks for bringing us up to speed on this. thank you admiral appreciate it. more varney after this.

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stuart: i can't think of any administration that shopped back government, the size of the federal workforce or the scope of its activities. many have tried, to my knowledge none have made much if any impact at all. the latest move is the proposed merger of the education and labor department, and attempt to swim the swamp. it is well-intentioned but is going to be one enormous uphill struggle. there are 19,000 employees in these compartments combined and all protected by civil service roles that prevent layoffs. once you have a government job you always have a government job. maybe you produce this by retirees but this is a long-term process. it takes years and years.

government workers vote in large numbers and tend to vote for the candidate to keep them in a job. you are cutting vital education services, cutting protections for workers, you are heartless. which politician faced with that kind of attack will follow through on slimming the swamp. for decades the trend has been toward more and more government at the state and federal level, more government, paying for it has bankrupted some states and driven the treasury into a $20 trillion worth of debt. i don't want to be cynical or poor coldwater on the efforts of the trump administration or forecast defeat for this swamp slimming exercise, let's just say it really is an uphill struggle. remember ronald reagan, he said this. nothing is so permanent as a temporary government program and he said this as well, a

government bureau is the nearest thing to eternal life we will ever see on this earth. the third hour of "varney and company" is about to begin. stuart: you heard what i had to say about the government at the top of the show. let's get reaction from the labor department chief of staff, glad he is laughing, and jonathan koenig with a fine smile on his face. you heard what i got to say, you can't cut and slimmed-down government. am i right or am i right? >> i think it depends who the managers are in large measure but the federal government is a tough bureaucracy, there are flexibilities that are institutionalized that allow managers to fire people. it is a long process, part deals with the appeals process but the other thing is lawsuits

and labor unions and you don't take them out of the equation because they are powerful thing is you mentioned in your intro which is the hill, capitol hill, they have tremendous sway. stuart: bring in the capitalist pig guy, love that name. >> you tell them to do it. i wish the president was this forceful in real life as he is on twitter. if he believes this to be true it used to be drain the swamp and what did you say, slim the swamp? do it. in the campaign he talked about eliminating the board of education. ronald reagan tried to eliminate the board of education. now it is combining it, not eliminating, that type of real transfer made of change that makes the economy not just more efficient but smaller. i will say carver did this,

deregulated everything from trucking to the commission, and katie bar the door. stuart: very good. fine responses, switched gears for a second. a new study came out today looks at whether millennials have it hardest when it comes to getting ahead financially, they are paying for for things like college, real estate, more than earlier generations did. do you think millennials have it harder than those like yourself for baby boomers like myself? >> i think they do. they have all the technology many of us didn't have but in america, bigger government and

the earlier point more government schools, since 1979 the department of education was created, millennials started to go to school and math and have been brought up with terrible government schools raised with horrible education and hundreds of thousands of dollars of student debt. i would not want to be a young person in today's economy. stuart: right again. who has it worst? >> i have feel bad for the millennials. they have a tanker load of debt on their back and what do they pay for? you have a better chance of teaching a cat to bark than getting any of these college professors to welcome and have open debate in the classrooms and we are paying 60 care, those parents are getting gouged. stuart: i have 6 kids. you are a boomer, i am a boomer. in my day, i walked 5 miles

uphill to school and 5 miles back again in the snow without a parachute. who has it worst? millennial's, gen xers or boomers? >> millennial's. this is the generation that watched 9/11, responded through service in the military and public service, responded to katrina, rebuilt the economy in new orleans, these are the folks who have become new entrepreneurs but what was stacked against them was a labor and economic policy and pres. obama who did everything to deny opportunity and growth. the folks in 2012 when they were surveyed 84% said they would demand a major life decision, purchasing a home, starting a family or switching jobs and you are still seeing that bow wave playing out. they have a long-term issue in terms of economic savings, retirement savings and career development that you contribute to policies that were not progrowth. i think millennial's have it much harder than we did. also the first generation gallup ever polled that said

they would not do as well as the previous generation and that was unheard of in american politics or policy before. they have a tough road. stuart: well said. when i went in england i paid to go to college. my parents didn't have much money, they paid me to go, they wrote me alone. it was a grand. by comparison, today, i had it really easy. paul, capitalist pig, jonathan used a, paul you are gone. brutal. capitalist pig come on in, stop moving, dow industrials are up 139 points with a eight down days in a row. will we close higher today? >> the dow is bouncing back but what is leading the charge has been the high tech stocks, netflix and amazons have been the real leadership of the

market. keep your eye on the nasdaq and the amazons of the world. if they can't muster a spring, unfortunately that sets up for more selling next week. those are not going to be the leaders, the market will stretch for some direction and we are going on the second-longest bull market in history. stuart: we carved out 45 seconds just for you because you have a habit of coming on the show with a weird stockpicking and you have a weird pick today, it is a shipping etf. >> it has been so battered down. it is not necessarily correlated with the greater market.

the exchange traded fund, a basket of shipping stocks. of inflation picks up you will see those costs rise and stocks that have been beaten down and forgotten for decades finally take out. your due diligence should be on your radar screen. capitalist pig, we will see you again new soon. donald trump tweeted on trade based on tariffs and trade barriers long placed on the us and great companies by the european union, if the barriers are not soon broken down and removed, we will be placing a 20% tariff on all their cars coming into the us. european stocks all down on that news and have been down most of the week. blackberry reported better

profits, a new phone getting real news, betting big on self driving car technology. john chen on the big come back. you have the blackberry, the phone and self driving car technology? i hope mr. chen will tell us. boosting production, 600,000 barrels a day, and the former shell oil president, i say cheap oil is here to stay. the supreme court ruling on internet taxes. up next, it must be thrilled about this one. ♪ hotel. with expedia's add-on advantage, booking a flight unlocks discounts on select hotels until the day you leave for your trip.

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i'm 85 years old in a job where. i have to wear a giant hot dog suit. what? where's that coming from? i don't know. i started my 401k early, i diversified... i'm not a big spender. sounds like you're doing a lot. but i still feel like i'm not gonna have enough for retirement. like there's something else i should be doing. with the right conversation, you might find you're doing okay. so, no hot dog suit?

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technology companies, amazon, netflix, facebook, hit record is, all three are down today. the engineers refused to build a security tool to win military contracts. the left is at it again inside big technology companies. check disney, a lot going on. abc picks the roseann spinoff the connors without roseann bar. earlier disney raised its offer to purchase some fox assets and number 3, disney made $2 billion at the box office this year between marvel and star wars properties. look at online retailers, the supreme court ruled states can force online retailers to collect sales taxes but look who is here. matt share of the national

retail federation, take a victory lap, you won big on this, didn't you? >> it is a long time coming. i had a conversation you have been working on this for years and it has been decades. it has been a longtime coming but the important thing is they are not to create distortions in the market place, their job is to revolve them. the supreme court resolved the fundamental distortion in the marketplace and level the playing field large and small, structuring the business. that will be good for us. stuart: retail stocks have largely gone up on this. it re-balances the market. the airline guys have this advantage, and it is even doubt after 30 yard years. an evening out of the balance sheet. where do we go from here? what is the next step on

revitalization for brick and mortar people? >> you put it very well. it rebalances things in a way that creates equity across all the businesses that are competing for consumers and using channels to reach consumers. in a lot of ways, this is frequently the case. regulatory agencies, the judicial branch is behind the times in playing catch up with what is going on in the market. what happened yesterday is a generation behind where the market is today. as we look at the future it is a signal that will see an aggressive approach. maybe we waited for congress to fix this problem for us for two decades in congress couldn't get out of its own way to do it. they didn't move on this. this reflects the current practice in the marketplace and the way the economy is structured. stuart: some of the big online

sellers could drop their prices so the consumer is not paying much more when factoring the sales tax. that is possible for the big guys. >> we see large and small retailers in various channels of commerce competing in ways they find are successful for them and works for their customers they are trying to reach so in this case the truth is in spite of the sounds and fury many of the online sellers are collecting sales taxes as of this moment. for a lot of this, it is not going to change substantially, and we can't use the inevitable structure created by the courts to give one or another business, that is a good thing for the operation of markets and benefit consumers and growth of new businesses.

stuart: congratulations on another huge victory. stuart: you are dying to come back. you are all right. i want to mention this about the supreme court. a ruling about police using your cell phone's gps information. tell me about the ruling again. >> they have to get a search warrant, a court order, can't just use your smartphone location history to track your whereabouts. you have to get a search warrant first. it is surprising what the justices ruled in the minority, those records are owned by the service provider, not the individual. the majority said no, this is about privacy. everybody carries it wherever you go and the location history is out there for police to use, they cannot access it without a warrant. stuart: another one was a

ruling in favor of schlumberger, this was a patent dispute, obviously won this one. >> this is the hottest field in oil and gas exploration. a sub ocean floor of mapping, seismic mapping, they had this invention that found the wells. ion geophysical did the same thing, stole the patented information, sold the information and they ruled in favor of schlumberger. stuart: you can tell from the stock price. space x has won a $130 million contract from the air force, the falcon heavy rocket will launch a classified satellite for the first time, that satellite will head skyward in summer or fall of 2020. we will bring you more varney

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the media insider florida detention center being used to house migrant children and phil keating is at the facility in homestead. what did you see? >> very much like you saw in the health and human services handout video. as of today the number changes every day, there are 1200 kids, all who enter the country illegally. the vast majority of these kids between 13, and 17 years old, entered the country on the southwest border without their parents, so now they are here before they can be placed somewhere. people running the shelter tell us fewer than 70 of the kids inside today recently crossed with her parents at the border and been separated from them. federal, state, local media health and human services provided us that 2 or.

we saw part of the highly structured daily life of these refugees, boys playing soccer and basketball. we were not allowed to bring in the cameras, and overseas this facility, mostly from el salvador and honduras and cross into the country illegally in texas, arizona or california. two nights ago hhs released a handout video and that is how it is, classroom where the kids have 6 hours of academics each day, and 12 kids from each room. breakfast was still out, biscuit, fruit and hashbrowns like a school cafeteria. in single file. the goal is to provide a safe and secure temporary

environment. >> we are working to find a sponsor to place a child, then the sponsor takes care of the child, signed an agreement to make sure they go through immigration proceedings. >> unlike most of the 100 shelters in 17 states, this one is an emergency shelter, opened it up in march, shut it down when the influx of illegal immigrants stops. stuart: interesting report and appreciate that. we have more on this in a moment with the lieutenant governor of texas, dan patrick, who will be on set with me, interesting stuff, stay there please. ♪

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stuart: check your money, the dow industrials up 140 and i see 25 of the dow 30 in the

green. 24-6 is where we are. look at the biggest winners among the dow 30, exxon, chevron, because oil prices are up, verizon up to persons, mcdonald's up 1.3%, 162 on mcdonald's. look at oil. big decision from opec blues not sure i understand it, they will increase production by 600,000 barrels a day but the price you would think would go down when you produce more has gone up nearly 4% to $68 a barrel. former shell oil president. ignore the kerfuffle about opec. my opinion is cheap oil is here to stay thanks to our wonderful people from texas, what say you? >> we are headed for heil oil prices over the long-term. it is the reality. the decision was the sleeves off their vests.

a mild appeasement to the pres.'s request for more oil. global demand continues to increase. the us can only produce so much. it is not an unlimited supply from the us. we all have a constipated distribution system where we can't get production out of texas or north dakota in ways in which we would like to which means pipelines. we have states that make it nearly impossible to build pipelines was we are out of staff, can't find truck drivers. there's a limit to how much the oil industry can do and this is a big unless, unless we switch to natural gas transportation fuel, you are right, we -- stuart: we are not going to do that in the short term. if you say i am wrong, cheap oil is not here to stay, the price of oil is going to keep

going up, does it get to $100 a barrel at some point? >> they want between 80, and 100. it was a slight increase in production, the goal is 852100. also the russians, to pay all their bills and can't pay their bills at a mere $70 a barrel. and the cartel is an act of piracy on those who are victims of the guard tell and in the 21st century, that is the way it is going to be. no one should think of opec as our friend. stuart: if you are right, if you are right i should put money in the stock of big oil companies and big pipeline companies. that is where the money will be made. >> a lot is going to be made because us demand continues to grow as well as global demand.

stuart: the market is bearing you out because the oil companies all of them are pretty much straight up. you are all right, despite your prediction. milania trump looking at conditions in a detention center in texas, the house punted on immigration bill until next week. no immigration solution on the immediate horizon. we are pleased to have the lieutenant governor of texas, dan patrick. we just had a report from our own guy in florida in a detention center, printed a good picture of the children and the conditions, can i say the same conditions in texas? they get education, they are in classrooms, get fed. it is all organized, air-conditioned. >> we have had added 10 for the

number that have crossed but in our facilities. stuart: so what is all this about concentration camps, kids in cages? >> the left trying to make this an issue they will help them in november. i think they are wrong. i said for years i blame both parties for not passing reform that sets up illegal immigration so people can come with dignity, not live in the shadows, pay the us government a couple thousand dollars instead of paying the drug cartels $20,000 to come here but they blame it squarely on the democrats. when schumer says i won't vote on any bill and nancy pelosi says we won't compromise, democrats are obstructing the passage of real immigration reform i think republicans are ready to do. stuart: i they going to stick in your opinion with an open border policy, next time we

have a surge of migrants hitting texas, arizona, california border? >> they are and they have. stuart: america doesn't want that. >> bad for our country. i heard the left for a decade say on every newscast 11 million people are here illegally. 2000 for the us chamber of commerce in 2004, i can show you the numbers. we apprehend people in the border from brownsville to san diego, 2 thirds in texas was we think we get one of every 5. we don't know how many, i will take the low number, one of every 5. every year since 20,041 million to 1,000,0001/2 are getting what we don't apprehend. we have 30 million people here illegally. stuart: that is a headline and a half. 25 million here illegally, not the 11 million we heard about.

>> it is a matter of looking at statistics. $400,000 a year on average. last year it was down to 300,000, the average is 400,000. drug cartels are smart, pushing families forward, take up border patrol and sneak their drugs and high paid people paying them to cross-border in other areas. certain people drug cartels want us to catch and others they don't. border patrol doing a great job at catching one out of 5 means we are 25 to 30 million justin texas. we have 5.4 million kids in our schools, 18% are not proficient in english, almost 20%. one in 5, either they don't speaking was or are not proficient and have bilingual education. so the strain on america's education system and healthcare system, the crime in texas from

2011-2017, most are here illegally, charged with 600,000 crimes, 600,000 crimes just in the state of texas since 2011 by criminal aliens most here illegally, 6000 sexual assault, 1000 murders, 600 kidnappings, 80,000 drug offenses, those are crimes every sheriff in our 254 counties has to deal with and every sheriff in america will tell you they are all border sheriff because criminals are coming over, most people coming for a better life, the criminals -- stuart: but political sentiment in the state of texas when it comes to build a wall and change the immigration system? >> we are all in. stuart: if there was a vote today, what proportion of texas voters with a bill bolling change the system? >> the republicans -- number is going to be hired but even democrats want the border secure.

four years ago i ran for lieutenant governor. we ran separate tickets. we both campaigned on strong border security message. many people that we will have a hard time getting hispanic votes. i received nearly 50% according to exit polls of hispanic votes as did greg abbott, we received the numbers -- highest hispanic voters in the history of any republican. stuart: you went into the vote tough on immigration. you got 50% of the hispanic vote. >> and here's the reason. they share republican principles, smaller government, they want school choice, law and order on the border, they don't want criminals coming and 55% of people crossing from central america don't want those people in their neighborhood, those folks in their schools and emergency rooms so the democrats and the republicans i miss reading the hispanic population, the other

key issue is hispanic voters are pro-life and democrats are pro-abortion and at the end of the day the hispanic catholic that goes to mass every day, the evangelical voter will stick with pro life over democrats pro-abortion plan every day. stuart: lieutenant governor of texas dan patrick made some news for us today. now this. united nations out with a new report criticizing the trump administration for the number of americans living in poverty and slams the new tax law but a big problem with the report which you won't believe. and talking to blackberry about their chief chen. this is the first on foxbusiness interview and i am going to ask him what is he working on next? we will be back. ♪

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why not? your hotel should make it easy to do all the things you do. which is what we do. crowne plaza. we're all business, mostly. nicole: i am nicole penalties with your foxbusiness brief which we have more news on tesla. that is the idea behind it but let us take a look at the movers here. we are seeing they are closing more than a dozen of the solar installation facilities. they picked up solar city.

tesla is up 11 person. we are watching us automakers, we see up arrows. they have moved higher and slipped off and that is because the latest news that shares of us automakers are falling after the trump administration threatened 20% tariffs on all eu cars coming into the united states of trade barriers, worries about retaliation, trade worries front and center.

stuart: there laughing at me. movie pass taking a page out of uber's pricing. movie pass with sarge an additional fee for high demands tickets on opening weekend. in a popular business model charging a flat rate, $9.95 a month. adapter amc announced its own version, stubs list, a subscription service $9.95 which covers up to 3 movies a week, imax and 3-d movies included. united nations out with a new report criticizing the trump administration for the number of americans living in poverty, slams the new tax law but there is a big problem with this

report. the texas public policy foundation knows what the problem is and he is going to tell me. >> the first problem is the data they gather was from the last full year of the obama presidency. that is a big problem. they are blaming trump for data from the obama administration and the second problem is you can't use us census bureau data to compare american poverty to other countries because it is deeply flawed. they significantly overestimate the number of people living in poverty in america because they rely on surveys people have to turn back in and those surveys are not accurate when they come back. stuart: you would have a bigger surprise if any un report had praised america in the trump era. would have fallen out of bed, never going to happen.

stuart: an interesting subtext behind this. it is important to realize how flawed the report is, 18.5 million people in extreme poverty in america, the real number is less than half of that. they criticize donald trump's tax cuts and collarless defense spending, that they will hurt the poor. and we have record low unemployment for the african-american and hispanic americans in this nation and the job is far better ticket out of poverty than welfare. stuart: another question is what does it have to do with them? wiser their business about internal tax policy? >> there's an interesting background story, the us exited the un human rights council. the second bush administration they exited the predecessor,

the un human rights commission, and in the tenure. go from 2006-2016 they condemned nations, more than half the time israel, they only condemned syria 20 times. this is a counsel that includes such paragons of human rights as the people's republic of china and communist cuba, give me a break, a gallery of corrupt dictators and they have the nerve to criticize us? this is a preemptive shot against the trump administration, un ambassador nikki haley, preemptive shot, to the human rights council. stuart: you are right on target, thanks very much.

next, very important guy, the ceo of blackberry. i will talk to them about their come back. we will be back with that. ♪ ♪ you shouldn't be rushed into booking a hotel. with expedia's add-on advantage, booking a flight unlocks discounts on select hotels until the day you leave for your trip. add-on advantage. only when you book with expedia. add-on advantage. if his denture can cope with...

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stuart: talk about a

turnaround, blackberry has made a come back and reported higher profits and released a new phone which is getting good reviews, plus it is betting big on self driving technology. the ceo of that company, john chen, joins us now. congratulations, that is quite a turnaround, thank you, welcome to the show. you know what my question is, we have seen the smart phone, senior get into self driving technology. can you tell us what new direction, what is next, what is the next big thing for your company? >> if you look at the phones and you look at the cars, we look at them as a collection of end points and we know everything is connected so if you go back to what blackberry does the best and the

technology that we know it is about securely connecting these end points. the next big thing we are pursuing is a strong end point, secure end point connection company. that is the thing we are working on and are quite excited about. stuart: sounds very exciting but i have to ask why your stock is down 10% today. >> i don't know. this is part of the street thing. we repeat our revenue forecast for consensus. we made more money than they expected. i don't know because having employee townhall switches a routine thing i do, my cfo will probably know more about why.

if you look at the autonomous driving business it grew 31% year-over-year. we have 121 million cars, hopefully some you are driving using our software. so in our licensing business it has done well. we have raised that. one big thing is the enterprise software, a new accounting system is called a fix of a fixed. when we go to the accounting system it took negative meaning year over year decline. i hope it is profit-taking. stuart: it has to do with expectations which i absolutely detest. i do want to get back to your phone.

you incorporate the keyboard. and looks like i can type into a smart phone very easily. >> those a growth with blackberry the keyboard is a big thing. the software is provided. it is a regular smart phone. all the things we can do on my iphone, do all of that. it was a pleasure having you on the show, a remarkable turnaround for your company. and tell us what you're going to do in the future. thanks for joining us. more varney after this.

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stuart: in the last 40 seconds of this program, i'm going to tell you about the world cup because we've now found out who is the greatest soccer player in the world. is it messi on the left-hand side of your screen or renaldo who plays for portugal, right-hand side of your screen? end of contest, it is renaldo. he has scored four goals so far, messi has failed to score. worse yet, his team was thrashed yesterday by a smaller country called croatia. they beat argentina 3-nil, which leads me to ask who in this world cup so far has been the top scorer? and our soccer maven, elizabeth macdonald -- [laughter] has the answer. elizabeth: i don't know anything about soccer. it's called the own goal, players accidentally shooting the goal, kicking the ball, you finish it, into their own goal.

stuart: yeah, that's right. [laughter] elizabeth: why do you do this to me? torture me? yeah, that is how silly the sport is. stuart: that's how we torture you. have a wonderful weekend. elizabeth: you too. stuart: time's up. neil, it's yours. neil: thank you, institute, very much. -- thank you, stuart, very much. we are following the president's move, getting tougher on trade, word soon that the condition of india will be -- the country of india will be responding spoon, and in the next few days, you could get canada and mexico. this is all back and forth on how far you go with tariffs, whether 10%, 15%, 20% of what vehicles are affected, you start with cars but advance, obviously, into things like whiskey and a whole lot of other stuff. edward lawrence following it very closely in washington. what's the latest, my friend? >> reporter: exactly, neil. those european union tariffs go into effect starting today, these are retaliatory tar