quarterfinals. elizabeth: riveting. [laughter] stuart: talking about soccer. [laughter] yes, he does. and somebody who does not want to talk about soccer, his name is neil cavuto, and it's your show, neil. neil: thank you, sir, very much. the markets up about 47 points here, and the bottom line is the markets don't know what to make about trade on a day the president is saying, look, the wind is at our back when it comes to the economy, foreign investment, and all of this hammering about trade is much a dodd not about -- ado not about nothing. jeff flock is there where the president will be very shortly. jeff. >> reporter: liquid crystal displays, that's what they make at foxcon, and perhaps you see

behind me they're all ready for the president, big announcement. you know, it's interesting, we were just reporting about how angry the president was about the folks at harley for moving jobs, the ones at least -- guys that make the bikes that are going to be sold in europe to get around that tariff, american company, mad at them. happy about this chinese company coming in the here because they are bringing a lot of jobs. they claim 13,000 jobs and an investment of $10 billion. but here's something that is rankling even republicans in this state -- some of them at least -- and that is what the state is paying to get them to come here. take a look at the incentive package that they've been offered, neil. it's $4 billion almost. $3 billion in state tax breaks, $764 million in local subsidies and then $140,000 to develop the electrical grid here, another $100,000 for road development. this is all to be paid by taxpayers. and one study found that it's

about 800% -- that is to say eight times what the average is for incentives to bring a company to your state. and the state budget office, i point out which is nonpartisan and the republicans control the legislature here in wisconsin, the state budget office says it's going to take to 2043 before all of that state money, ultimately taxpayer money, is recouped. so they're getting something, they sure are giving something too. neil. neil: their argument, jeff, if memory serves me right -- and i know paul ryan will be there, scott walker, the governor, obviously the president -- they've been saying the bang for the buck you get from 13,000 taxpayers will more than offset all these incentives. i know it's hard to crunch those numbers because we don't know if they're 13,000 new workers or workers who are leaving other jobs, but what about that? >> reporter: yeah. i mean, the studies that have

been done, i mean, this is in terms of the percentage of what they're paying per job, i think it comes to almost $19,000 a job compared to the average incentive package which is about a couple thousand dollars to attract somebody. now, it is a chinese company, it's a big deal, and if they actually hire 13,000 people, that'll be great. but, you know, foxcon has a bit of a reputation for saying they're going to do something like in brazil, for example, and actually not hiring that kind of people or building that kind of factory. so i think, you know, it depends. we'll see, as the president often says, we'll see. neil: all right. interesting stuff. thank you, buddy, as always. jeff will be there, of course, ahead of the president speaking there. we're monitoring these developments because it's big manufacturing news if it comes to pass and the numbers come close to what jeff outlined. we're on the brink of a trade war here, and the rollout of tariffs is soon to come, just days away. deirdre bolton is looking at what kicks in and when and from

whom and against whom. it is a mess, deirdre. >> that's why we made a list, and we're going to show you what is coming, essentially, in the next week because there have been so many headlines, bigger numbers, smaller numbers, products changing. as of july 1st, this is the first group that officially kicks off. no more dusker no more -- discussing, no more posturing, canada's going to be imposing tariffs on steel and aluminum, close to $13 billion. so the metals, actually, is the biggest focus. but i just took an extra list, neil, and it's pretty long. it goes into some obscure products, ketchup, playing cards, boats, toilet paper, washing machines, dish washing detergent. that's a pretty varied list so obviously the focus, of course, especially as it relates to the auto industry is on the metals. plenty of other businesses will be affected. spin forward to july 6., and you're going to see -- i mean,

this slide could have been called u.s. versus china, it's essentially the same. i don't want to spoil the suspension, but the u.s. is going to be imposing $3w4 billion worth of tariffs on chinese products. and, again, the list is varied, but a lot of it has to do with technology. whether it's chips, chip components, chip parts, and there are numerous, seven or eight big u.s. tech firms that actually depend on china for a lot of their components. so i think we're going to see some rockiness in tech trade perhaps around that date because this will be fresh in our minds. now, if you look at the reciprocal effect, china's basically doing the same thing, imposing a 25% rate worth of $34 billion. and here's where chai's very -- china's very specific. farm products, especially soybeans. this is between, depending on how you measure it, between a $12-$15 billion export crop for us. also it's just worth noting that seven out of the nine biggest

producers of soybeans as far as our country goes actually voted for president trump. so in a way, this is china really hitting back hard and also with a political angle when you start talking about soybeans. the country, according to some of our sources, has already started to source soybeans even from other countries altogether, brazil tops that list. autos, we've been fighting a lot about this, of course, and again, a nod to some of the products that we might not think about every day, but will affect regional businesses, seafood, maine lobster tops the list. that's what's coming up early july, that's $34 billion worth of tariffs, but we've seen headlines as high as $200 billion. for the moment, $34 billion and holding, and there's the list. neil: i didn't know about the maine lobster. that came out of the blue. >> so maybe get a lobster today, because the prices are going to go up. neil: all right, thank you very, very much. so you have all these cross-currents going on, and the

market's trying to make heads or tails of them here. just when it seems like stocks try to get traction one way or the other, you know, they have a hard time holding on to gains. even with today's modest gains, we're till down in 10 of the past 12 sessions. and for the dow, very, very close to correction territory. now, the president's argument has been if you think we've been on a bumpy ride, look at china. they're well into their market territory, which they are, and those asian markets continue careening. so the argument goes they need to wrap this up much more than we do. the read on that from united capital ceo joe duran, and gary b. smith. gary, what do you think of the argument we can wait it out because the chinese can't wait it out? >> i agree with that, to a certain extent. i mean, we are the big dog in this race, if you will. the other thing that i think that even if we don't come to an agreement, i was reading a study that just with china a alone the amount of these tariffs is only

about .4% of the $2.2 trillion they export. that's .04% of our gdp. so even if it's worst case possible, at this point i don't really see a huge effect on gdp. i think the market is in a kind of fire-ready-aim mode and overreacting so far. neil: you know, joe, i'm wondering about the effect of tariffs even before they come, because we see it certainly in the commodity markets, a lot of agricultural items that have already been tumbling, soybeans chief monk them, in anticipation of -- among them, in anticipation of what the chinese will do. we've seen harley davidson shutting down operations or some operations in this country. but how does that play out for our economy and our markets? >> well, neil, i actually quite strongly disagree with your other guest, with gary, for a couple of reasons. for the last 40 years, we've

benefited from easier global trade k and that has led to lower prices for all americans. it's also led to us exporting a lot of products. now, we are being taken advantage of, and president trump wants to correct that. however, doing it in a public way means that every shot across the bow is very visual for everybody, and if we are reversing this easier global trade path and it goes on for too long, it is a tax. it is a tax on all business around the world. and it will create now in a global environment these pocket companies desegregating and producing in countries where they sell the most actually moving jobs counterintuitively to where we don't want them to go, outside the u.s. neil: that hasn't happened yet. i mean, it hasn't happened yet, right? >> no, not. no, right now -- neil: jobs are moving up, right? >> yeah. it's saber rattling right now. neil: understood. >> the thing that i look at is i

totally agree with standing up for defending our interests, i just don't think doing it in a public way is helpful to anybody, because the chinese will not give concessions in a public forum. they have to have a face-saving way to give us what we want. as long as we're to doing this in a public way, they're not going to concede. they are just going to keep e escalating. we've been 120 days since we've had a high on the s&p, well over half the stocks on the s&p are in correction territory already, and is we're seeing a yield curve that's displaying some concerns. when you have the 2-year and the 30-yearyear 40 basis points apa, that is not a good thing. the 2-year and 30-year are starting to get equalized. for banks. it means banks are going to start lending more money to less credit-worthy folks to make money -- neil: well, but wait -- i don't know if i can take all of that to the trade fallout here. gary b., what do you think of some of the big macro things he

did allude to, narrowing the yield curve, of this concern that at least the dow and the s&p, the nasdaq, of course, that's a different story, but even there we've seen technology now under intense selling pressure amid reports we might rein in on foreign investments. what do you think of all of this? >> well, as usual the, you know, if it bleeds, it leads gets all the headlines. economists, market watchers always tend to look at the worst case scenario instead of what's going great. we still have the bulk of the tax cut effect yet to kick in, gdp looks like it's recovered even from a mild less than lofty expectations in the first quarter. we have job growth going well, people are above their, above water, most of the country, on their home prices, and we have yet to feel the effects of all the new technology coming in. artificial intelligence, robotics, self-driving cars.

i think there's a lot more positive out there. you can, you know, spend your whole life looking at, oh, my gosh, woe is me, this whole china thing. it reminds me back when we were fighting with, economically, japan back in the '80s. my gosh, they're going to take over. what happened? we came out looking pretty good from that. i think there's a lot of positives. i think this whole trade war between china and canada, all of it's going to get resolved because it's in everyone's best interests. so i guess i'm a little bit more bullish. neil: all right, guys. a lot of concern, we'll see how it sorts out. in the meantime, the dow is up all of 8 points right now, no idea how that ends up and and no idea who the president is ultimately going to select right now to replace justice anthony kennedy, of course, who indicated he is stepping down. he has 25 names on a list and already we've heard from senator mitch mcconnell that they hope to have this wrapped up by this fall. democrats are crying foul. speaking of mitch mcconnell,

he will be my special guest, first time since the president announced all in that he's talking on television. he will be joining me at 4 p.m. eastern time on your world" on fox news to get his read on this fight for yet another supreme court justice. we'll have more after this. ♪ ♪

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neil: all right, he's got 25 names ona list, he's had the list for a while, but it's from that list that the next supreme court justice for the united states will be chosen. blake burman at the white house with everything going on. >> reporter: hi, neil. the top republican and top democrat rushing to the senate floor this morning to continue to draw their battle lines. chuck schumer saying mitch mcconnell should follow his own example from back in 2016. you'll remember when president obama had put up merrick garland's name for nomination, mcconnell ended up successfully block that process, and schumer says mcconnell should look back to what he did just a few years ago. >> time and time again leader mcconnell justified his unjustifiable blockade of merrick garland by claiming the american people should have a voice in deciding the next supreme court justice. that was in february of an election year. it's now almost july. >> reporter: not exactly apples to apples there, neil, because that was an election

year of a presidential election. the upcoming election is a midterm election. mcconnell has said, though, that this will happen in the fall, there will be a vote before the november elections, and he is slamming schumer for prejudging a judge that has yet to be named. >> the ink wasn't even dry on justice kennedy's resignation letter before my friend, the democratic leader, seemed to echo that right here on the floor that none of the exceptional legal minds on this list would be tolerable to him. >> reporter: but you're right, neil, we kind of know where the president is going to go with this thing because he's already put out a list of about two dozen names on it, and he says he is going to choose from that list. he's done this already last year, neil gorsuch was on that very list as well. just to give you an idea of the back and forth on both sides here, cam that harris, many -- kamala harris, many think she might run for president in a couple of years. she said if president trump gets his second supreme court

nomination through, it would be the destruction of the constitution. neil? neil: all right. no elaboration there. [laughter] blake, thank you. politics is a funny thing, folks, and it works on both ends of the aisle. mitch mcconnell is trying to get this wrapped up by the fall, he'll be joining me on "your world" at 4 p.m. eastern time, his first tv take on this since the president now has been thrust with the duty of picking a second supreme court justice. meanwhile, the former law clerk for justice antonin scalia, ed whalen joining us. thanks for taking the time. >> i'm disconnecting now. neil: can you hear me now, sir? all right, we're going to try to fix that up here. let me just explain what we're looking at as we are trying to get him proply fed in. -- properly fed in. the democrats are saying there's no need to rush this. mitch mcconnell is saying

there's no rush going on, and the same comments i made when barack obama was president was during a presidential election year. others say you didn't say presidential at that time, you just said an election year, and a midterm election year should be deemed the same. whether my guest feels that way or not, i'm going to get a read from him. ed, can you hear us now? >> yes. neil: all right, i apologize for that. what do you make of what mitch mcconnell is arguing, there is a difference between doing so in a presidential election year versus what is really a midterm election? >> well, look, senator schumer is trying to attack mcconnell now for not extending a position that schumer said was unjustified in the first place. it makes no sense at all. senator mcconnell's argument was not only limited to presidential election years, but also was clearly in the context of opposite party control of the senate and white house. it was a political argument.

and the fact that senator schumer is making this silly argument now simply shows that democrats have no ammunition against the nomination that president trump will make. this is a mom nation that -- nomination, that if all goes smoothly asrd, will be confirmed not just before the elections, but in mid september before the court begins its term in october. neil: do you worry it'll have to be done without a single democratic vote, and it's no guarantee that every single one of the 50 republican senators to vote, it's doubtful john mccain would, that that's no guarantee either? >> well, look, democrats triggered the abolition of the filibuster by their amazing decision to filibuster the gorsuch nomination a year ago. and, you know, they're largely going to vote in lockstep. my guess is there are a small handful of democratic votes that can be won over, but, no, we need a simple majority.

50 plus the tie-breaking vote of the vice president. and i think that is imminently gettable. neil: if we get into the he said/she said or what party is to blame, we could go back to harry reid and doing a simple majority to get judges approved. so there's a lot of blame to go around here, but is it your sense that no matter who the president chooses though, the issue that will dominate -- or two issues that will dominate will be abortion and roe v. wade and then gay rights and whether it should be revisiting gay marriage and all of this stuff that, obviously, justice kennedy was very instrumental in cementing? he cemented a key portion of roe v. wade soon after ronald reagan chose him to the high court, and he did soen again when it -- so again when it came to multiple rulings on gay marriage. >> well, look, i think fair-minded americans will recognize the confirmation process ought to focus on the

merits of the nominee. and i think we're going to get someone like neil gorsuch who will earn a claim from fair-minded folks and, i think, will be confirmed on that basis. of course, these and other issues will be part of the process, but i don't think that they will dominate by any means. neil: do you get a sense that the president -- it's always hard to read what's on the president's mind, but i was looking at this list of 25 individuals, and so many are so young. a majority in their 50s, some in their 40s. so this notion that this could be a generational type pick, would be around for decades to come, and that will be crucial and may be important to the president. what do you think? >> well, i think so. have in mind that elena kagan was 50 when president obama nominated her, so i don't think anyone views 50 as young by -- neil: wait a minute, wait a minute, ed, just be careful about this age reference. [laughter] are go ahead. >> so, look, i think the president is very focused on the

supreme court legacy and thattal other things being equal, you know, a younger age is better than an older age. but, look, there are plenty of extraordinary candidates on this list. and i think we'll end up with one of those as the nominee. neil: but you don't see any trouble getting all the republicans on board or i guess you alluded to the fact it's possible some democrats could vote, but i'm thinking of susan collins or lisa murkowski or bob corker, jeff flake who might, might, you know, put up some resistance. >> well, i don't mean -- i certainly don't want to take anyone for granted -- neil: right. >> -- but i think there are plenty of nominees whom all republican senators recognize as very suitable for confirmation just as they did with neil gorsuch. neil: all right. thank you very much. good seeing you, ed whalen, former law clerk to justice antonin scalia. all right, that was an interesting pick at the time when we got to neil gorsuch because it was swapping out a conservative for conservative.

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>> welcome back to "cavuto coast to coast," i'm nicole petallides live on the floor of the new york stock exchange. drug stocks are tumbling while amazon is gaining as amazon acquires pill pack. this is a direct competitor to the drugstores and the like. you can see the stock's up 1.7% for amazon, but take a look at names such as walgreens, also rite aid, cvs. selling across the board. for the most part, many of these

were down 10%, cvs down 7.2% there, and pill pack, what it is, they are pre-designated, pre-sorted doses of your medication. in fact, it will renew, refill, send you your medications as needed and get them to you. and that is the idea behind it. so we are seeing amazon gaining here. of course, amazon's been a real winner, up about more than 40% this year, neil. but for today we are seeing in the amount of about $19 billion lost in the drug industry while amazon gains about $5 billion today. back to you. neil: incredible. up 44% this year, amazing. nicole, thank you very much. you might have heard there's some controversy and excitement depending on your point of view over the next supreme court justice battle. the cover of the daily news, at first when i saw that, i thought, is that don imus? apparently, it's donald trump.

[laughter] they're not happy. the huffington post goes even further, a picture of a coat hanger on a cover saying roe v. wade is gone. i know. are we getting ahead of ourselves? with us former democratic congressman, jason altmeyer and axios reporter elena greene. elena, i have a feeling it's going to be nasty from these opening salvos. >> that's exactly right, and we've already seen that play out in the hours after justice kennedy said that he was going to be retiring. we're seeing a lot of hostility already r you know? some republicans very triumphant and celebrating whereas several democrats are concerned and panicking over what will happen and whether majority leader mcconnell will push it through before no as he said he -- november as he said he will do. already this is a huge issue for the midterms as well and puts a lot of people, especially lawmakers in those red states,

democrats -- red-state democrats really in a very precarious position if this comes through before the elections. neil: does it have a political effect, congressman? when you were there, and i know you were in the house, it's a little different, but judge issues and battles over nominations, do they play out in an election? >> oh, it's going to galvanize both sides. and i think the strategic issue is on the republican side if they get this done before the election, does that kind of temper the enthusiasm. do they feel like that's mission accomplished, and they can sit back and relax. the democratic side, regardless of whether the appointment is confirmedded or not before the election, they're galvanized, and this is only going to further energize the far-left base of the democratic party. and what you saw with the border issues recently and now with the supreme court appointment, it just continues to ratchet up. and i think that the issue is going to be can the right match that enthusiasm that you're seeing on the left side right now. neil: you know, what do you

think of that, chris? with the election and the stunning victory for alexander ocasio-cortez over michael crowley in new york, a lot of people said maybe that rabid wing of the party, the democratic party, is what's evidencing itself here. i know that was a unique case, unique contest, but it isn't exclusive, i think, to that district. so are those the types who will get out and vote, and are those the types who are angry enough now in light of what the president will likely do to pick a conservative justice to replace justice kennedy going to turn out now in higher numbers than would normally be the case? >> well, i don't think they'll turn out in higher numbers because they've already been having record number turnout in terms of the special elections. what you do see is a balkanization of the democratic party in terms of the far left is now taking it over. far left doesn't describe it anymore, it's really socialists. to the case you just -- the candidate you just cited. but i would point out one of the

key demographic groups that gave donald trump his victory in 2016 was evangelicals. they turned out in a manner they had really not since 2004. they didn't turn out for mccain or romney in these record numbers, and it's one of the reasons why donald trump won wisconsin, ohio, michigan. go through really a lot of the states that are this year now electing senators. and one nation's already up with ads in west virginia and montana, and montana specifically is citing jon tester's vote against neil gorsuch. this is the worst nightmare for those democrat senators running for re-election in republican, red states, states that donald trump won -- neil: senators is one thing, senators is one thing, house of representatives, that's another. elena, on that front i tend to think it could be the economy, whether this continues to keep up and now concerns with a potential trade war that we're looking at higher prices or at least an impact on the economy

that republicans might not like. what do you think? >> well, that's something that i think a lot of political advisers and people who are really watching the midterms for republicans are worried about, this issue of what's going to happen with tariffs and the potential of a trade war is something that could really impact the amazing, you know, the milestones that we've seen with this administration, with the economy. and a lot of people are very worried about that, especially going into the elections because we're looking at, you know, something that democrats are really going forward on are health care. like, it's an issue that rising premiums are starting to become more so, more expensive than we're seeing what they got from the tax cuts. and if we're going to see these tariffs impacting rural america and different agriculture industrs, that could really affect republicans going into the election. neil: congressman, when you see the heated extremes on both sides, are you glad you left? [laughter] >> well, look, there's a merit to mix discourse -- to public

discourse. the concern that i have is it seems to be tipping towards the extreme. when you have these uncivil confrontations occurring with public officials and even people in the media just out living their lives, that's a concern. the polarization in the country is it at a level it has rarely been in the history of the country, and i think that these issues that you see are galvanizing people on each fringe of the party in a way that has the potential to be of great concern. so i just hope that the public discourse that you see around these issues contains itself in a way that's appropriate. people channel their enthusiasm in the appropriate way at the ballot box and don't take it to the extreme. neil: i think that's your way of saying, damn right, i'm glad i left. [laughter] i'm kidding. guys, thank you all very much. the dow down about 18 points right now. regardless of what happens on this supreme court pick and regardless what happens right

now for this president and the midterms, even the next election, what if he's a one-termer? what if i told you right now given the potential of the legacy he could set on the nation's highest court for a generation to come, he already is a consequential figure. whether either side likes it or not. ♪ oh, and there's the closing bell. (sighs) i hate missing out missing out after hours. not anymore, td ameritrade lets you trade select securities 24 hours a day, five days a week. that's amazing. it's a pretty big deal. so i can trade all night long? ♪ ♪ all night long... is that lionel richie? let's reopen the market. mr. richie, would you ring the 24/5 bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ copd makes it hard to breathe. so to breathe better, i go with anoro. ♪ go your own way

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what's going on? >> reporter: yes, here we are at the hard rock hotel and casino, brand new on the boardwalk here in atlantic city. they did go through a $500 million facelift, but back in the day this used to be president trump's taj mahal. it looks a little different now. the hard rock along with the ocean resort, two brand new casinos opening last night at a time where atlantic city is actually showing signs of stabilization. we saw gaming revenues higher, operating profits also went up, and this is after a tough five to six-year stretch for atlantic city where we had 5 of the 12 casinos closing down, 11,000 jobs lost. but 6,000 new jobs being created with these two casinos. i can tell you it is buzzing right now. it's, what, noon on a friday? it is packed here at the hard rock hotel. and a million people are expected to rifle through this entire weekend in atlantic city. now, there might be a bit of a downer, i i should point out,

because we do have the new jersey state budget showdown, and steve sweeney -- the new jersey legislator -- is going head to head with the new jersey governor, phil murphy. he was here at the opening, and i asked him about the looming government shutdown, is that going to happen this weekend? he said, look, there's going to be a budget vote on saturday, but he's not sure that's actually going to take place because they still seem very far apart, he says. neil, i know you're a high roller, so i am going to put down a bet for you. do you want to play slots, do you want to play cards, roulette? is you let me know. we'll be here for you. neil: all right. i'll leave it to slots or go fish, but either one is fine. susan, thank you very much. that's amazing. i can't believe the traffic behind you there. all right, so not dead yet. by the way, whatever you think of the president and his prospects to get reelected or how the november elections look, it might be a moot point as far as historical figure, because he is about to pick a supreme court

justice who, a conservative choice it's bound to be, could have consequences for the makeup of the supreme court for a generation to come. bill mcgurn joins us with his take on that. if everything were to stop right here, already historic. >> right. i mean, two choices you really are affecting the supreme court. and it's not just the supreme court picks. over the obama years, president obama used his powers to change the appeals courts in many ways, to shift them with his appointments. legitimately so. and president trump is doing that. i think he's had tremendous picks. neil: so looking at this, i mean, democrats have already promised the fight like hell -- >> right. neil e neil you saw the new york daily news cover, and there have been a host of ohs who have said much same, the future of humanity is at stake and on and on. do you envision any democratic votes for whoever -- >> oh, yes, yes, i do. i do think it's going to be a fight, and i think one of the

things that tells you is probably the supreme court is too much in our lives. if this is at stake for them. but for democrats, the supreme court is their favorite legislature, right? a lot easier the persuade five justices to do something than go through the difficult process of getting it enacted into law. but, you know, we have ten democrat senators running in states that president trump captured. i think it's going to be a very difficult vote for them. i'll give you an example -- neil: by the way, which is why mitch mcconnell wants that vote before the election. go ahead. >> absolutely. joe donnelly, moderate in indiana, he's in a tight race. if it's amy comey-barrett, someone from notre dame like him, i think he'd have a hard time voting against that. neil: that person. >> no, but even some of the others. i think it's going to president a lot of -- put a lot of these democrats who are more moderate in trump states in a tough position with their base which is really riled up in getting

reelected which will require some more moderate votes. just a few months ago we were told conor lamb was the new thing. he'd be against nancy pelosi, more moderate. now we're told it's all-out war on the supreme court nominee. neil: but, in other words, this in a weird way might help democrats getting more of the enraged ones out to the polls -- >> it might in a turnout. but it's not to say that republicans won't turn out. i think the strong, the bigger argument is the bigger bet they're making in the house districts that are suburban that college-educated women and so forth who might be more pro-choice -- neil: right. >> -- than republican women generally, this might help them. but that's a big, you know, that's a big if. neil: you mentioned pro-choice women. would republicans like lisa murkowski of alaska, susan collins of maine who have made this an issue that's important to them, and it came up during the gorsuch hearings, could the president lose their votes? >> it's possible, but i think

there will be some democratic votes. i think the nominee's going to get through, and i think we have chuck schumer and harry reid to thank for that for, you know, playing with the rules and putting the republicans in a more -- neil: you know, they've been saying of the president on this, mitch mcconnell on this, boy, you are hot to trot right now, so hold off finish. >> yeah, it's ridiculous. as ed whalen pointed out for you, it's a ridiculous argument, and it shows you sort of the paucity of arguments they have on their side. neil: it really is your sand box if you're the party in power. you realize that glaringly here. >> right. especially now with the rules in the senate, no filibuster. neil: yeah. it's a simple majority. >> put it this way, it's hard even for the republicans to blow this one. [laughter] neil: they have in the past. we'll watch what happens. bill mcgurn, former speech writer, wall street editorial board member, his read on things. by the way, i'll be speaking with mitch mcconnell on this whole brouhaha and how he's

handling it and what's at stake since the president announced he's going to have a pick, and we're told very, very soon. 4 p.m. with me on fox news. so interesting developments there. the dow down 27 points. more after this. [ sigh ] not gonna happen. that's it. i'm calling kohler about their walk-in bath. hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ snap ] the kohler walk-in bath features a low step-in at three inches.

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♪ ♪ neil: all right, i wish i had an update on this trade tiff with china to give you, whether the chinese are outlining their response to the president's promised tariffs on $200 billion worth of goods. remember, the president said if he sees them even atenting to match that -- attempting to match that, he'll throw another $200 billion on. all nasty stuff, but it hasn't come to pass. chinese markets are careening, ours have been down 10 of the past 12 sessions. we're up about 19 points today. let's get the read from our former ambassador to china under president obama, gary locke. very good to have you, ambassador, thank you very much. >> good to be with you, neil. neil: you obviously have a lot of contacts, know a lot of folks in china. much is made of the fact that we haven't heard a response. we've heard they're not just going to turn the other cheek, but they haven't responded with tariffs of their own to end the level to the president's. with what -- what do you make of that? >> they've already announced

some tariffs, agricultural goods and some aircraft parts -- neil: not $200 billion worth. >> no, no, thank goodness, not $200 billion worth. and i think you will see the chinese respond. there's a lot of national pride on their side as well, and just as president trump is not going to back down, both sides are proceeding forward. and so we're just going to have to wait and see when the president announces his next round of tariffs i think next week, what the chinese response will be. but we need to try to figure out a way in which we can lower the temperature and get back to negotiations over some of the very legitimate economic issues that we have with china especially over their forced transfer of american technology, because often times when american companies want to do business in china, they have to have a chinese partner. they're not allowed -- neil: no, no, you're right, and i know your approach and president obama's approach was to find a way, a low-volume way

of dealing with this. but they were still sneaky, and they would still try to get around it. they preferred that approach, i guess. now, donald trump is saying, no, i'm not going to deal with that, but you argue that's actually more dangerous. why? >> well, we're seeing the disastrous effects of all these tariffs and the retaliation not just from china, but from all around the world in which it's raising the cost of components that american companies use which raises their price, reduces their profitability, and if they pass on those price increases to their customers, then they're losing against their competitors around the world. and often times if they then try to export these products around the world, they are facing tariffs as well. so it's a double whammy for some of these american manufacturers, and there have been many stories in all the different business journals and things like that about the day-to-day, real effects of this tariff war, which is why we really need to have a concerted, unified front

by not just the united states, but all of its allies against china. and that's why i'm saying that if china is, for instance, going to restrict the ability of american companies and foreign companies to do business in china, then all of the foreign companies -- countries should reciprocate and limit the ability of the chinese companies to operate in, outside of china. neil: well, waiting for that could be like waiting for goodell. let me get your sense about what impact the president says they need us, the chinese specifically need us a lot more than we need them, and the proof is in their markets. they're now in a bear market despite ours bouncing all over the place, we haven't been barely as affected. so they'll come to the table because economically they have to. what do you make of that? >> well, actually, there's been trouble brewing in the chinese economy for some time -- neil: true. >> you know, the worldwide demand for manufactured goods is softening because of the tough

worldwide economy, and certainly these tariffs all around the world are dampening trade. but, you know, they're having housing speculation, and that's been a bubble. the chinese government is trying to tighten down the lending practices of the state-owned banks and making sure that companies are not overly leveraged. so a lot of this is, was being set in motion ahead of time. but let me just say that, obviously, they want american goods and so the chinese economy will suffer just as the u.s. economy will suffer if we suddenly impose tariffs on virtually all chinese goods coming into the united states. neil: all right. i'm sorry, that break comes whether we're talking or not, but secretary, thank you, ambassador. we'll have more after this, the dow up 19. ♪

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the president is getting ready to speak. he is in wisconsin. they expect a higher thousand in the community and a lot of people have been saying there are incentives to settle here and whether they'll deliver the goods and promises to hire workers and expand to the degree they are for a lot of goods and goodies, we shall see. in the meantime, we have got a lot of attention in washington on a new supreme court justice to announce who that will be

to replace justice kennedy. maybe in a matter of just a couple weeks. chad has how all of this will play out. democrats want to wait until after the midterm election. they know that president obama nominated merrick garland and the publican sat on it for they said we won't consider it until after the presidential election. now republican say this is a little bit different, midterm election is a different ball of wax. john cornyn asked if this could be pushed until after midterms and he said that will not happen - will have the same president after the midterms as we have right now. so this delayed argument that's being made doesn't work. the earth couldn't tomorrow.

it's not a good excuse. >> this is the problem here, the democrats have. they change the senate president for supreme court nominees in the mitch mcconnell said okay, what's good for the goose is good for the gander. the shoes on the other foot and we will do that across from supreme court nominees. there's no way they can block any nominee. that's why this could be a midterm election issues. they voted for neil gorsuch. they could be key votes for this. the senate is basically 50 - 49. if they hold together, then all it takes is one republican defection and you could have a

donnybrook. >> doing it before the november election i guess would be a way to put pressure on the democrats. conversely, you could argue he could have more republican senators after the november election. >> absolutely. that's very possible. the other issue is say they come from somebody whose views on lbj tq rights or abortion, it was very far to the right. democrats could then use that and try to energize their base and say this is why we need to elect more democratic senators, this is why we need to elect more council members. democrats have never been able to have these on judges the way democrats happen now the courts might be 63 rather than 54. that could change the dynamic in a big way after the confirmation of this next justice. >> thank you very much. we're in washington with the latest on this battle. were we looking at?

former law clerk to justice anthony kennedy, welcome oath of you. i do appreciate you coming. >> thank you. >> could they find democratic votes for his court nominee and would that offset the senators he could lose who might have trouble on the right to life issue? >> i think we can be sure at the long and tough confirmation process and this isn't a new phenomenon. you can recall justice kennedy was president, the third choice. i'm curious to know with the president will nominate. i'm also curious to see if that person doesn't get through the next second and third choices are.

>> they were very fortunate. that list of individuals has been out there for a long time i'm sure the opposition or whatever you call them has more than enough time to do exhaustive research on each and all. >> one question is where they going to pick, are they can be one of the folks on the list, will they be confirmable? think one of the things to step back is that justice kennedy played an extraordinarily important role by the supreme court. keeping it a place the whole country that just rather than one half of the other could look to as the final word on the constitution and find that there understanding of the constitution actually had a shot. it would shut out half the

country. much has been said even the case of anthony kennedy who was one of the first. they don't necessarily go to script. how do you think that get sorted out. >> i think it's the roberts court now. chief justice roberts more than any of the others on the court. we see those come to the core in the future and he could be the new justice that they are talking too. >> in other words robie weighed in confirming obamacare when that first came up with surprise a lot of conservatives.

>> i think that's right. i think he's shown that independent streak in the past. i like to point out that the thing to do is not ask how they will come out on any one particular case but ask how it is they will view all cases. i think that's what we should be looking at here. >> a lot of the confirmation hearings and what comes out of a potential nominee didn't jive with what's on the bench. what you look for what you think senators on both sides will look for. >> you're certainly right. it's hard to know how a nominee will vote on particular cases.

while it is true that the chief justice had in independent streak on a couple cases, he is considerably more conservative than justice kennedy and that is something that you might have predicted. in thinking about what were doing here, you want someone who's smart and knows the law and will approach the cases fairly with an open mind. justice kennedy wanted to protect the security of all individuals. >> it's an interest or mental strin swing vote in that

regard. do you see these things coming up in that regard? will they overturn gay marriage or gay rights? they can't be that unequivocal. how do you get to the bottom about. >> nor should a nominee answer those questions. if we think about the statue of lady justice, it would be up for nominee -- is important to think about the way they will decide cases and what they think of the role of precedent. would they be ready to do that from day one. those are the questions we will see. we want to thank you as well.

his rate about how this process will be shepherded along and he is the shepherd. those senators are not happy with the way he's handling it already. i will ask him about that and some other things on the nomination to come. in the meantime were just learning melania trump, the president will be addressing a crowd in wisconsin but she is in tucson arizona to visit a second immigration to see where these children who have been separated from their parents were house for this is the second such trip. i didn't notice any jacket or writing. we will pay attention to that.

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we're trying about the president was going to be making some remarks very soon to celebrate fox can't opening up a big plant to hire thousands of workers. his wife a bit further south your tucson visiting the border and another immigration facility that houses a lot of kids separated from their parents. all on the same day we have stocks.

the market is writing themselves on fears over trade. let's get the read on all of this. you talk to many who say they are gonna wipe out the gains we get from the ta tax effect and we do want to see that happen. >> you see a lot of commentators talk about that. what happens when you raise tariffs? they don't get paid by the nation you're punishing. they get paid and the consumers report. rising prices, greater inflation in the united states will cause they get paid out in others things such as higher prices for goods. eventually some of this can crimp consumption and

accelerate moves toward a recession if in fact the tariffs get out of hand. mind you we are at the front end, were still in a skirmish stage. there are a lot of tariffs and threats of tariffs that have been put in place by the president and by china. >> you get a sense, gary was here are former ambassador and he said if you think you can get the chinese to the band by trying to humiliate them it is going to work with the matter what economic incentive they have the do so. >> unite about this, the expectation of the united states is to cause fundamental change in the chinese economy. they want them to stop subsidizing their enterprises. they want them to stop forcing companies to transfer companies to china to get a foothold in the company. they want to stop them from stealing through cyber

espionage. you don't do that through tariffs. you do that through deep negotiation and standard-settin standard-setting. it's going to take back negotiation. on the other hand, look, the tariffs have shaken china. we have a piece right now that says the fact that the united states threatens cte cutting off the supply of american technology to build its own equipment, sending the company spiraling down into the united states decided to reverse the decision, remind the chinese of the gap they have between technological development and that of the united states. it might give them a greater sense of vulnerability. >> you can see melania trump has arrived in arizona.

this is her second visit to border and immigration related facilities. >> she is where children who are separated from their parents are housed. >> thank you so much. we are honored to welcome you. to the left is our chief. [inaudible] with our stakeholders we are really honored to welcome you. we been talking to you little bit about our operations and the challenges and critical aspects. yesterday. [inaudible]

[inaudible] >> thank you for all of your hard work that you do and i know how dangerous and difficult your daily job is. i really appreciate all you do on behalf of the country. i'm looking forward to our discussions and to tour the facility and i am here to support you to help the children and the families. thank you for having me. >> mr. trump, you will get to hear today from people who live and work on this border. we've done this job for over 30 years.

you're going to get to hear from various people in the community. immigration laws are necessary and has to become sequences for violations because if you don't have consequences then at the end of the day you promote additional illegal activity. it is a hard situation for the men and women of the border patrol. today you have a chance to tour one of our facilities and have a chance to talk to frontline agents who are actually processing families and children and some of the expenses they have had. i will tell you also people view this as a dhs or an hhs problem. it's also a whole of government problem that we have to try to fix.

it's going to involve a lot of discussion and action so we can get to a solution on this border. >> i know some of the men and women who work in dhs have been characterized as cruel or heartless spread that is not the case but you will see firsthand the amount of care that goes into the families and the children and the people we encounter. you will also have an opportunity to see the facility and where these individuals are housed. how are people care for our immigrants. you are visiting the tucson sector which is one of 24 patrol sectors nationwide. here in tucson we have

262 miles of border that we are responsible for. on average we apprehend about 150 immigration violators. day and that number can fluctuate but i would also say last year we finished with 38000 apprehensions. this year we were ready past that. it's far from the days of the early 2000 when tucson was making half a million arrests in this area. it shows you that border control can be accomplished. the important piece today is that were very grateful your taking the time to come out. we talk not only to our people but also to the families. thank you very much. >> thank you. >> i like to turn it over from to my comfrey. >> there are a lot of misconceptions out there.

[inaudible] there have been instances of human trafficking where someone shows up and claims to be a family unit and the children are in no way with adults in their custody. it could've gone into some form of human trafficking.

a female who was 16 years old was raped on the journey up from central america. she had the baby here in our custody. we took her to the hospital, stayed with her the whole time. she did not have a family with her. we do give the utmost care. >> how often do you see the children crossing alone without an adult. >> in arizona, since october 1, at the point of entry of legal crossing we've had about 1100 unaccompanied alien children. the six-year-old boy was left in the desert near lukeville arizona. you can see.

[inaudible] we did a press release on this because people also have to understand the dangers of the desert and the heat and the violence that exists out there. this is something people encounter on a daily basis. it seemed children that are put in families in very dangerous situation. >> incredible as young as 16 years old that -- six years old that someone would leave him. >> someone coming into our cities with foreign money to spend money here. [inaudible] they collected over $40 billion in taxes for the government budget last year. the port of entry which is just an hour from here is the largest port of entry.

we play a very important part in that along with processing a migrant along with the enforcement of opioids. this year we have found pounds and pounds of methamphetamine and some fentanyl coming across the border. >> thank you for being here. >> thank you. >> good morning. welcome to arizona. i represent the united states marshal service for the state of arizona. the u.s. marshall service. [inaudible] besides the primary function, we do this around the world. one of our primary job is the

maintaining of all the federal prisoners who have been charged. [inaudible] for all the hard work that these people do, arresting people on the border maybe officially charge 75 of them. the rest were handled administratively. i get those 75 prisoners in tucson courthouse. we process the prisoners, we go to court and a lot of them are process the same day and streamlined and some are charged to time served and released. others might get 30, 60, 90 days in jail depending on how many times it been arrested before. we then put those people.

[inaudible] we take care of them, we do a lot of surgeries, we have nurses and doctors at each facility to examine them and we take great pride in doing everything we can to maintain the health and stability. here in arizona, last fiscal year there probably 15000 prisoners with immigration charges. nationally there's been about 50000 prisoners charged

federally through the system by u.s. attorney's office. it's estimated that we will get about 90000 this fiscal year. next you will hear from jesse williams, field operations g.rector. >> my agency. [inaudible] [inaudible] additionally these families are detained maybe six or seven days their children are

cared for. >> thank you. we also have dan who is here, a local rancher. >> we appreciate you taking the time off of your busy schedule to be here today. i will put a little different spin on things spread our family has been ranching on that same piece of country since 1938. i am raising the fourth generation. we operate between two points of entry. we have to miles. [inaudible] there really is no access to

the international boundary. the positive things we've seen over time is access has been garnered. they allow boots on the ground to get closer to the border to do their job. i guess my message would be it would be no silver bullet to take care of the situation. we need to have the ability to have boots on the ground to make the apprehension. we need to have the judicial policies together so we can make a difference. where we seem to see this happen with the tucson sector and the judicial mechanisms have been applied and we see the rate the way down. we see less traffic but that's not to say the issue is over but they're still about 6 miles on my land and other

neighbors where a lot of this traffic has been pushed as a result. we still need a lot to do in that respect. coming from the small community, you heard that we rely on legal trade coming through that port of entry. i would be remiss if i didn't mention that we rely on the legal entry coming through. >> thank you. >> i actually want to point you to joyce silva. she is one of our agents out here in tucson. you can hear from her perspective from someone who goes out there every day to perform her job, her encounters with people in different situations. >> of mourning. good morning. i've been in border patrol for over 20 years.

i've recently decided to join the border patrol. i love my job. it hurts to see the children. they don't really know what's going on and so our main concern is to remove them from that element of the desert, the dangerous element and bring them to a safe environment where there's food, water, toys and just take care of them there are a lot of parents who really care for the children. there are a lot of agents that take extra food and toys and give them extra love in the field because they need and they don't understand what's going on. >> thank you so much for what you do. >> thank you. >> thank you very much. >> any additional questions you may have, you can do it now or we will have time as we are walking through the facility. i definitely want to thank all of you for attending today.

i think this has been very beneficial to have you here and see firsthand the challenges we go through. immigration enforcement is a very complex issue. i think we all need to come together to try to solve the issue. thank you very much. >> thank you. take you very much. >> you have been watching melania trump. she is getting an earful at the facility two hours away from the u.s. border. near tucson arizona -- i'm mistaken i think it was right at the border. they were talking about parents and kids who are separated and brought to the attention at the border and it did include a six-year-old boy who was wandering on his own in mexico and authorities picked him up. he is now at that same or was at that same facility. i didn't hear if he had moved on a gone somewhere else.

from those that she had a chance to listen to, she will see firsthand how the various agencies involved including our marshals and agents and ice officials, how that is being handled at this particular facility, a very different facility the one she visited a little over a week ago. the same thrust and same intent behind the visit to sievers herself, as a mom, how families are treated. one agent said something to the effect that some of these kids have no connection to the adults with them. it's still early and they are pursing all that out. you might remember there's an effort on part of the judges to demand that the kids who were separated be reunited within 30 days for that was a few days ago. this is not that facility for that. let's get a read on this. when she is doing this, her husband is quite a ways north

in wisconsin. as sort of a one to family punch, the need for media research director and we have jana back with us. >> president trump had a hard line when it comes to immigration. i thought her presence for a lot of people softened what immigration really means. it seems as though she cared about the children coming in. i think that's something we need to see in this country. there so many people concerned of what's going on that is tearing apart our families and it's good to have a representative who really does provide a softening presence to this issue. >> this happened as the protest are going on, i believe portland shut down ice to get rid of it, we don't need it, a number of extreme

candidates including a 28-year-old woman who took down jeff probably has been a big advocate for getting ice out. what you make. >> it seems that the matter what president trump does are some people on the left who will say this is bad because trump is doing it or it's not going far enough because we have this idea that trump is anti- immigration. after he signed the executive order same family should not be separated, that was the exact same policy as president obama. we didn't see people trying to abolish ice then. i think a lot of people go against whatever he says and whatever he does. they think it needs to be taken a step further regardless of it was the same thing that happened under president obama. >> this is not an ice facility. se that she is visiting. it's been a real blackeye for republicans whether they like it or not. not been portrayed well.

it's an issue they can't seem to escape. what we've heard before, no matter how they put a different face on it, it doesn't seem to work. why is that. >> the media are not going to say that president trump has turned and suddenly has a softer nicer kinder immigration policy, but what they are doing is turning on another topic. this dominated the news the other week. it's about half of the evening newscast. this week there are other topics. it's not as severe as it is last week but i have the supreme court and other issues. they have an upcoming summit with vladimir putin. this will get mixed back into the bag of other issues going on. that will affect it going on unless there's another wave of coverage like there was last week.

>> or another supreme court appointment. >> thank you all very much. it's a big undertaking, the president is saying it's all the economic backdrop he provided. more after this.

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>> we had almost forgotten, other big news going on, the president and government will be having a summit and : powell is with us right now. how big a deal will this be? what you expect, that? >> first welcome i think the timing is perfect. if anything, it might be overdue. reagan, if you wind the clock back. now or 19 months into administration but i would say six big things come out of

this. >> they haven't had a summit. >> true although gorbachev and reagan met in geneva as a summit. the short version is your putting together the two countries that have the most of the weapons in the world but that's a good thing and it's overdue. the second thing is you're going to reduce tensions almost immediately after this because you will have a mono e-mail no, rapport between the two men. you will put issues on the table to talk about ukraine and syria. he got no pushback so he went into redline. that has stopped but there will be a discussion there. i think trump will triangulate russia.

that's a brilliant move and it's timely. the last two things are frankly that you will elevate the respect between the russian people and the american people both great people. we don't need animosity between these people. there are good people with the same aspirations in many ways. it provides a real leadership example for the eu. after the summit he will go to nato and brief the leaders and ever so gently push vladimir putin back on his heels placing i totally support nato. >> we're watching the president who's speaking and visiting this facility is getting all this attention. when you get old, you can speak. anyway the president made waves ahead of this summit with vladimir putin.

very few think it turned the election or produced a different result. everyone agrees that russia did not all. >> i think sometimes your talking points need to change. i think what they were trying to say is that the american people went to the polls and voted for what they wanted. they didn't vote because vladimir putin told them too. >> he still seem to be going back to they did metal. they did. >> i think you have to deal with how you define metal. if your legitimacy was being question you would say no, no, no i am the sitting, deserving president. the bottom line is -- >> i had to jump in on you but the president is talking. let's go to the. >> this is a wonderful silly.

the products they will make here is like nothing we've ever made in our country. [inaudible] >> that was the president had he was in mount pleasant wisconsin for the announcement of this new plant. they make a lot of display screens for apple phones, ipads and the like. they promised to hire thousands of folks, up to 13000. they are going to make sure this is in wisconsin. is a big victory. that's why governor scott

walker's there and speaker the house and congressman is there and why the president of the united states is there. the only surprise is that charles payne is not there. he joined us right now. >> this is a big victory for the president. we always like to remind people that this is the economic backdrop that this would not have happened if not for some of the things he has built into the economy. >> there's no doubt about it. 13 or 15000 jobs itself is absolutely phenomenal. a $10 billion investment in a state where the unemployment rate is 2.8%. also manufacturing in the state of wisconsin, it started to rebound after the great recession. in february 2015.

that is up 16000 jobs since president trump arrived. >> you have governor to thank as well. >> sure. that state was drifting just like the country. this is far better in my mind than a tweet or getting involve involved, i think harley misplayed their hand to be honest with you. you argue they come up with the threat of terror and will move some jobs out there. >> look at all the filings. then the journal kinda came to the defense yesterday and said it was really because of tpp. trump got out of that so they needed to be built to sell these motorcycles through this plan. they have a plant in australia with 500,000 square foot plant

and australia is in tpp. >> whether you like him or not , the arguing that we been gaining over 200,000 a month. that's what he is showboating today. >> we are in uncharted territory. nobody has pushback on this but i believe a lot of americans inc. something is wrong with the system. we are reminded of that of these primary elections. if you listen to the young woman's message before she says go for socialism, it resonates with different people because a lot of people believe it's the establishment that seems to do very well and good times or bad but everyone else is making do.

[inaudible] it's going to get out to the polls. it's the passion on the right that is equal. everyone acknowledged -- >> when you think will come out. >> i think the supreme court might make the difference. we talked about harley, at least on my twitter feed, almost everyone said they will support president trump because they know what he's trying to achieve. they know that ultimately he is for the working men and women of this country. that part was already energized but then you have the folks were sort of on the fence, who see the constitution and the supreme court as the binding thing that binds almost all republicans. even those who don't like president trump, it binds a most every republican out

there and unifies them. >> you unify a lot of folks, i'm not just blowing you smoke, this notion that wall street is typically, their role in commerce, they say there's a method to what the president doing and there's a justification for this trade war. that flies in the face of a lot of people who otherwise would say no, no, no. because you are saying it, many people say nasty things about me and my weight and they say while you listen to charles or understand that's what the president is doing. my argument with you is i don't think there's a method like that to this. i think it's just random. >> like off-the-cuff? there is no blueprint for it so it is tough to gauge it

again something. >> he thanks he's going after the whole world, everybody. >> early this week in canada they were talking about quotas and tariffs on china that was a passive acknowledgment that they do backdoor still, they do backdoor. >> but they're offended we go after them. >> i'm just saying, people say china is not even in our top ten. well, officially, but unofficially they have ways of getting there products into our country including steel and aluminum. >> but you're okay with the strategy he takes on this. you are mr. l-uppercase-letter. >> there is a major tariff increase in this country in 1922 that we talked about. and there are other things going on like the electrification of america, but we actually laughed into

the roaring 20s spread one of the greatest time. ever. some will say it ended badly. but it was seven great years before did the main point i'm making is that when people talk, the world was in bad shape. our economy was in bad shape and that was a tariff on 20000 items. >> and by the way, it was one among many, many. so 20000 items. >> give the president the benefit of the doubt on the. >> i think what he's trying to achieve, i know what he's trying to achieve and i find that admirable. >> so your wall street friends come back at you and say charles we love you too death. >> the wall street, let's face it. they whine about everything every day. >> i feel like i'm the main street wall street her. because listen, for instance, semiconductors getting hit this week, look at the semi conductors. this year they're still up 4%. over the last year they're up 23%. over the last five years of a hundred 80%. shut up. let it pull back. so what. you know it's going to go back

up. you know it's going to go back up. >> right on one of his charts, shut up. by the way neil, also let's face it, wall street's interest aren't always necessarily in line with main street. >> you're right about that. >> a lot of people notice, a company announced a big layoff in the stock goes up. >> tariffs aren't necessarily aligned. >> the tariffs aren't in that sense but if there short-lived they are. they can get the rest of the world to lower their barrier so we can sell them more of our homemade goods. >> good message. >> does no blueprint and i don't think president trump is using one either. >> all right. thank you very much. there you have it. we have more after this. the president is in wisconsin. more after this. : :

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. neil: okay, want to take you to wisconsin. that's speaker paul ryan, and wisconsin congressman. he is stepping down after this election. the fact of the matter, though, he's talking about the foxconn plant that is going to be making a $10 billion investment. apple supplier by the name of hunhigh precision. liquid crystal displays that create 1300 jobs or upwards of that. soon the president of the united states. the big news of the president, of course, is that he's going to be on the verge of picking yet another supreme court

justice. we're going to be hearing from mitch mcconnell. his first interview since all this came to be. 4:00 p.m. eastern time. and how this process will go. everything has got to go precisely timewise. he'll talk all about it. 4:00 p.m. eastern time on fox news. here's trish regan. hi, trish. trish: we'll all be watching. neil cavuto. breaking right now. waiting on the president speaking momentarily to workers in wisconsin from trade, to putin to the supreme court nominee. a whole lot to say. we are on it for you. i am trish regan, welcome, everyone to "the intelligence report." the president's touring a foxconn facility in southeast wisconsin, talking to workers about economic futures. this is a pivotal time for our country, i know it, you know it and he knows it. the pre