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tv   Cavuto Coast to Coast  FOX Business  July 9, 2018 12:00pm-2:00pm EDT

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volume. look at this. solid triple gains. stuart: take it every day we week. going up as we speak. regrettably, our time is up. neil, it's yours now. neil: stuart, thank you very much. we're following same developments you are. growing optimism that the trade stuff doesn't come to a bar. other countries are in such disarray we look like a safe haven. you heard what is going on in britain. we'll keep you update. "brexit" is seemingly imploding with the prime minister inability to deal with it and keep a coalition together could be fraying. germany in a heap of trouble. inconsistent reads out of europe, how to respond to the united states. they appear divided. all the attention focused on corner of wall and broad. that is benefiting tech shares. financial shares one of the best days in months. the big story is focus right now who the president will celebrity to replace justice kennedy. four are in the running here.
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each can make the case to be a great supreme court justice. president indicating a much over the weekend any of them would be great. apparently indications he is close to about to decide to a single individual. that will be announced 9:00 p.m. eastern time. a little bit of drama to all of that. to the heritage director, tim chapman set to advise the president after the nominee is taken. that is crucial role to play. tim, once we have a name and candidate, obviously people have been pouring over exhaustively that list of 25. when it was whittled down to five, then four. these individuals are getting all the focus right now. how do you deal with that process? >> i mean this administration is going through every candidate with a fine-tooth comb. the good news they have done most of the hard legwork already. they were talking about this he was nominee.
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he worked with heritage foundation, worked up list that had over two dozen names on it. all two dozen names were vetted by the campaign at the time, by the legal folks advising the president. so he has done all of that. now he is just really trying to find the exact right person to have this rollout be perfect so we get this done as quickly as possible. neil: i know mitch mcconnell was concerned about finding someone who would create less amount of dust-up i guess, you will have that regardless. mitch mcconnell, we're told, was particularly looking at raymond kethledge and also judge hardiman, thomas hardiman. >> right. neil: the reason being what? >> the reason being that, mcconnell wants this process to be as smooth as possible. i think mcconnell, if you were to talk to him would very much agree that any of the candidates on this final four list are completely confirmable and excellent in character and temperment as judges.
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he probably is just looking easiest to get through. given two names. he will go to bat for whoever the president puts up. neil: how does your job get explained here? when you have any one of these candidates placed before the american people, and, more to a divided senate, we're looking at amy coney barrett, the controversy with her, she is too pro-life, too catholic, if she were the president's choice, that is one example, how do you position that? because it is all about positioning, all about inexplanationing, right? >> sure. what this is about, whether it's barrett or any of the others, the central issue will be the same. when you put an originalist or a conservative on this court, what is going to happen is the court is going to take a different approach to these high-profile, really controversial cases than it has in the past. what the court is going to do under this new majority, say we
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remand these kind of controversies to the states and legislatures. no matter who it is, what is going to happen that the conversation will be had at more local level, better for democracy and the republic. this is the way we should bring the heat down in this entire conversation. these decisions shouldn't happen in the supreme court in the chamber there. they should be happening amongst the american people as we talk with each other. neil: good luck on that, tim but i do want to get your take on how this will ultimately go down. i was semijoking with my producers before the show, i see this going almost to script. that despite the drama, introductions and senate visits as candidate, makes his or her way meeting with the all the individual members but you're still going to get most, if not all democrats opposed with the possible exceptions of those up for re-election in big red trump states that might be joe
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donnelly or heidi heitkamp in north dakota or joe manchin, west virginia, also likely to get no votes from susan collins and maybe lisa murkowski from maine and alaska respectfully, i think when the drama is said and done, that will be what it set out. i hope i'm wrong about that but such predictable fallout. what do you think about that? >> i'm not ready to write off any republican. i think lisa murkowski and susan collins ask tough questions about precedent and how judges will rule. they say they have healthy respect for court precedent and will take that into due consideration. i think it is very reasonable to think red state democrats will have enough pressure to cross over. when you look at states these folks are running for re-election in, these states are overwhelmingly backing donald trump and these states have overwhelmingly, when you
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look at exit polls from 2016, one of the major issues was the supreme court. so i think if you nominate somebody who can defend themselves, go out there and present well, i think it puts a lot of them in a tough bind. forget many soft ones everyone talks about, look at a state like pennsylvania of the not a lot of people are talking about ends vain right now, say you put up someone like hardiman from pennsylvania and there are pro-life catholics in pennsylvania voted for casey because they think he is pro-life, what will happen? all on social issues, that the left forced up to the supreme court. these are issues things not necessarily people want decided at level. we want to decide these at local level with our fellow citizens. neil: your work cut out for you, young man. always good to see you. thank you very much. >> thank you. neil: a little after 9:00 p.m. eastern time. we'll get our coverage from 8:00 p.m. and through 10 p.m. on
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this channal. this goes a long way viewing markets, cementing president's legacy and influence potentially decades going forward. we're on top of that. also getting read on all of this with a guy who will play an instrumental role, short john kennedy serves on the judiciary committee, will ultimately question the nominee. sir, good to have you. >> thanks for having me, neil. neil: you know the four names, senator. you know each bring as little bit of baggage, that would happen whether they were perfect or not, right? this is such a crucial vote here that could swing the court to a clear conservative majority, than just middle ground candidate. what do you expect? >> well, number one, i'm not completely convinced that the president is limiting his choice to these four. neil: interesting. >> the president can be unpredictable sometimes. number two, i think it will be a
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partisan fight. i know that's not a news flash. i hope that we have an opportunity to question the nominee carefully. you know, senator mcconnell believes in less of a paper trail. that's his job. he is part of management. i'm not. i kind of want a longer paper trail so i can read about the person and what he or she thinks and what his or her judicial philosophy is. i don't want a, i want a judge. i don't want an ideologue. i want somebody who has the courage of his convictions but willing to test his assumptions against the arguments of his critics. i don't, as i said, i don't want a hater. i want somebody who respects the bill of rights. and mostly, neil, who understands the role of the judiciary. supreme court is not a mini congress. the supreme court's job is to
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decide cases and interpret the law. if you want to make law, go run for congress or president. that doesn't mean that the supreme court doesn't make policy. it does but it does within the confines of a statute or the united states constitution. neil: you know, senator, you talk about someone who has a long history or longer history of written judicial opinions, dissents, majority, obviously by that definition, brett kavanaugh, all of 53 plus years old, dozen years on the bench, would over that. not so much amy coney barrett been in this capacity a limited amount of times, only eight months as a judge, but she generated the most controversy just her name out there, given her notre dame background, her pro-life positions. i remember when she was up for the appeals court position she holds now, got a raging over by dianne feinstein. i want to bring this back to
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history and how this could play again if she were the president's choice for the supreme court. all right. i apologize for that. but we had it. aboutbottom line it was aggresse give-and-take whether she was too captive to her faith. never mind the fact when jfk was running for president, democrats rallied around him and his catholic faith, that he would not be at beck and call to the pope or a slave to catholicism. what do you think here. >> i think they want to turn this nominee a litmus test on roe v. wade. this is one of the few cards they can play. they were caught flat-footed with decision of justice kennedy they, we will confirm a supreme court justice, i feel very confident in saying that.
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neil: when you say we will confirm a supreme court justice, sir, does that mean you will get every republican on board? >> i don't know about that. i would like to think that if we give everybody an opportunity to ask questions and feel comfortable, we have the potential of doing that. i can't guarranty you that everyone of the republicans will vote for the nominee. i do think, and i'm assuming that the nominee passes muster in the confirmation hearings. i take those hearings very seriously. i have got some hard questions. i think we'll probably pick up some democratic votes. i think only card really that the democrats have to play here in this political process unfortunately is to try to turn this into a referendum on roe v. wade. i think that, i think our democratic friends understand that's not really what this nomination's all about but they don't have a choice. neil: you know, we talk about overturning roe v. wade. is it your sense that that is so
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built into our culture and our country, for the better part of who plus years now, that given justice roberts, the chief justice, and his reticence to break precedent that is unlikely to happen no matter who is chosen to fill anthony kennedy's seat? >> neil, i don't know. i think it's a interesting question but frankly i don't mean this in a pejorative sense, that is rank speculation. neil: you're right. >> judges don't get together in conference, let's take a vote on roe v. wade. they do it within the con text of a case. if a judge does his job, correctly there will be times that he renders a decision he disagrees with personally. he follows the law, he follows the statute, he follows the constitution. if you feel strongly that a political position should be advanced and you're on the court, you probably are in the
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wrong forum. you probably need to run for congress. because the role of the judiciary is very carefully subscribed at our constitution, vis-a-vis congress an a the president. judges are not supposed to be politicians. i'm not naive. i know it's a political process, but they're supposed to interpret the law, and that means, having courage of your conviction but also being willing to test your assumptions against the arguments of your critics and do justice in a secular case. neil: senator, very good seeing you again, thank you, very, very much. >> thank you, senator kennedy. all right as the senator speaking here, we've hit session highs, dow up 312 points. issues taking on the chin, not of course talking about friday on a strong day, issues under pressure on trade war fears. technology and even financial issues, exposure abroad. less so now. they could be overreading there
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is division in europe. germany not so much. they hope to limit automobiles and limiting tariffs incoming cars to the united states. that is not opinion shared by our european counterparts. "brexit" falling apart or theresa may falling apart as many of her confidants are quitting. her troubles, her foibles are all u.s. gains. more after this. your insurance rates skyrocket after a scratch so sma you could fix it with a pen.
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neil: all right. we're just getting word from the british prime minister theresa may she is planning to discuss trade with president trump when they gather for the big nato summit later this week. all of this comes at a time as number of key ministers, just lately now, have already left her cabinet. i'm talking about david davis, who is the "brexit" manager, and boris johnson, the foreign secretary. key backers of a quick
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separation from britain from the european union. theresa may was slow-going at this. her government could be in some peril. the read on all of this whatever is hurting them abroad seems to be helping or drawing attention to our markets here. forbes publisher rich karlgaard. whatever the fears of a trade war developing their problems for the time-being are our gains. what do you make of that? >> well, that, adjuster risk corporate earnings. look at technology, energy, momentum in the market, "brexit" and other issues are on the backburner. i don't doubt for a minute, longer term, say, six, 12, concerns, flattening yield curve, earnings momentum is trumping everything. when you go up 25 or 30% year-over-year in earnings as the second -- the tech sector
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has is pretty incredible. neil: any worries about trade that buffetted some of the technology issues, certainly weighed on yield curve and financial and other issues, what's real happening today or the concerns prior? >> well, you know, the markets famously many people said the market looks out six months ahead. if the market is up, it is saying trade concerns are you know, not immediately a big problem. there is group called the oxford group said even if all this trade stuff against china does in fact take place, the ding to the u.s. economy would be smaller than thought. now all that said, i think trade is a threat, but i have said many times on your show, that i think ultimately, because i think donald trump wants to be seen more than anything as a winner, that he is going to find a way to win and get out of
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committing some kind of a foolish air. i wouldn't be surprised six, nine, 12 months from now, peter navarro whispering all this anti-trade sentiment in trump's ear is one to join trump's hot seat as so many eventually do. neil: i go back to the south korean, so-called concession, they didn't do much, they have done more than they have in the past to rectify things with the president. he counted it as a big victory, which is at least better than what we had before with the south koreans. will it be something like that? maybe not a huge victory but something better than what the u.s. had before this and he'll obviously make considerable hay of it, that will be that? >> that will be that. that will be modus operandi, he talks tough, quietly negotiates. there are a lot of republican senators out there like pat toomey of pennsylvania, and
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others, a lot of republican governors right now are worried this, all this trade talk is impacting their own states economy, particularly the farm economy. the smart ones like toomey are not yakking about trump in the general and always criticizing trump about this or that. toomey is very smart. very quietly mounting some support. i think u.s. senate needs to take back some of the trade authority that the constitution guarranties it. neil: we shall see, my friend. thank you very, very much. the read on pretty confusing market right now. take today as sort of an example of that. as he was speaking i want to pass along some news considering the media battle over the assets of twenty-first century fox. reuters is now reporting that comcast hasn't given up trying to get at least part of those assets, not all of them, not direct bidding war for the assets that both companies signed on to but potential buyers to help them fetch the
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company's regional sports networks. in other words, not twentieth century fox, not some other properties disney was interested in, regional sports networks, anyway, disbanded by disney in the event those two ultimately did merge. there seems to be a peace offering or middle ground offering where comcast can share in some of the riches, letting you know, this pared some earlier losses we were seeing in 21st century's stock for the time-being. i was down a buck. now down 10 cents a share. we'll have more after this. hi, i'm bob harper,
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neil: all right. now a total of eight boys have been rescued from that cave in thailand. for hour boys, their coach, they still remain there, this is moving pretty fast. early on looks pretty promising. connell mcshane with the very latest. reporter: has to move fast.
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remarksable to watch progress. with the four pulled out alive today, eight is the total. five still in there. things at least for now were on hold. and they would resume as quick as they can. when the conditions allow it. these divers have been doing nothing short of extraordinary work. 10 drivers with scuba gearheading into earlier today with the tightest of spaces. most pressure you can possibly imagine. we have animation, give you a little context what they're working with here. you look at the divers, the dive line, by the way they're following for three miles. compressed air bottle on back of each diver. portions of this case is fully submerged. why you have the full face mask and boys on their way out, they're at the time they ared with the two oxygen bottles, one on the diver, one on the boys for two weeks. some weaker than others. parents are not told which
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children are taken out in which order. when they are taken out, go to local hospital, put them in quarantine. protect them from any disease or infection they have may have been exposed to inside the cave. boys traveling 3 1/2 miles in the caves, using three mile rope. absolutely unbelievable. all we can do is wait for updates to come into the newsroom up next. they are racing against the clock. the hope is to get the boys out before rains come in thailand a little bit of a pause. they will get oxygen gear suited up and ready to go and head back in there with five rescues still to come. neil: connell mcshane about that. british government in some disarray, think about it in two years, since brits surprised the world voted to break away from the european union the european
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community, they still have not formally done so. the slow pace rattled those who work with theresa may, the including boris johnson, her foreign secretary said, that's it i'm out of here. follows on the heels of david davis. i think that is what mr. davis went by. safely ensconces in the usa is john brown. what is going on back in your mother country. >> i think the british swamp almost successfully neutered "brexit" is. you're seeing rebellion potentially happening with conservative party. i was 15 years in the house of commons with david davis and met boris johnson, although he came in after me. the british people wanted "brexit." prime minister may had two trump
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royal cards. the first was just to leave. as second largest contributor to the european union, if britain said if the european union is not prepared to negotiate in good faith, we'll just go. she threw that one away, yielded concessions all the way with no returns. i referred to the trump card with the great president trump. she came over here, the meeting went badly, almost not badly. we were trying to get a canadian-style trade deal which would have given her absolute power to negotiate with the european union, which some call the euro-soviet, but there we are. what she did was, she didn't really flirt. unlike margaret thatcher she has no skill flirting with the male leaders. she is sort of rather like no sex, please, we're british. what happened when trump
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negotiated with her, she was cool in the meeting. in front of all the cameras he held her hand and she almost froze as if an electric shock had gone on in there and -- neil: i know a lot of viewers bring the point there was little comradery there, i know you're not being sexist in your comments. the idea she was never keen on "brexit," on, she was pragmatic, some would say practical, you know, respected will of the british people and was going to manically meant that, but did so from the very time grudgingly. now it is coming back to cost her. is it too late for her to dial it back? is she looking now at you know, a finished leadership? >> i think so. i mean, i think you're right. she voted remain herself. but then she pretended, i went to her first prime minister's questions i was convinced she was genuinely going to fight for "brexit." but what she has done, just give in on all major issues and with
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no return from the, from the european union. it emasculated "brexit." all the real "brexit" believers are now terribly upset. and that's why they're leaving. even though she was brutal with boris, he resigned before he had written his letter of resignation, 10 downing street announced it. so she is putting forward what is called the common rule book. that means that britain will been within all the endless regulations like bananas were not straight enough with all these awful rules of european union, taxes, things like that, but technically out but faithfully without even a board seat, a seat on the board. so i think it is untenable situation. neil: i understand where you're coming from. she was the worst of both worlds, not in, certainly not out, not getting benefits of either. the white house has already given a response to her wanting to meet with the president to
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discuss trade. the president looks forward to working visit with the prime minister and further strengthen the u.s.-uk special relationship. it's a special relationship but now she is going to be in the odd position of, trying to get, you know, a life raft from the very guy she held in highest of contempt. >> yes. and she even criticized one of his tweets under muslim pressure from britain. so she is not exactly favorable. she should have put nigel farage as ambassador here. but she isn't and you're totally right. exactly sums up what the situation is. fancy head of state going to a country and being insulted. muslim mayor authorized a balloon to go up with a naked figure. neil: how childish. >> this is terrible way to welcome the leader, probably the most powerful leader of the
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world, i think potentially one of the greatest presidents america has ever had. we're really england will be really sorry for all these insults and disparaging way which may has really under cover, treated president trump. neil: regardless what you think of president trump, if you're going to blast him for being crude, rude, all this, then you have this giant toddler balloon over the skies of london, you're doubling down on the very thing that you supposedly wait. ridiculous. >> exactly. i totally agree with you. unprecedented way, in the whole world of treating a leader. i mean, even stalin treated roosevelt and churchhill with dignity. i mean, i never known a leader of a country treated like this. and she has done nothing but sit back and accept it. neil: we'll watch it closely. >> i think it bodes ill for britain. we'll have to see whether president trump is a great
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negotiator, manages to retrieve something good out of the situation because it is in america's interests to keep this very special relationship as you say alive, and also to have trade with britain. britain is the second largest contributor to the european union, and has worldwide trading links and so it is to america's advantage we get on well together and have trade together. mutual advantage. neil: there is lot more common bond than there are differences. john brown, always a pleasure, my friend. thank you very much. >> thank you, neil. thank you. neil: meantime the dow up 304 points. technology issues on a tear right now, particularly benefiting are some of the names you know including facebook and amazon, netflix, and apple, financial issues including bank of america, goldman, jpmorgan chase, they're popping up because each up in vicinity of 1% or thereabouts. not a bad haul on the day. we'll have more after this.
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>> welcome back to "cavuto: coast to coast." i'm nicole petallides live on floor of new york stock exchange. that good jobs report from friday continues to bring optimism to wall street. in fact right now the dow jones industrial average not too far off its session highs. up 307 points. had been up about 313. this could be the biggest pop we've seen since early june, june 6th, when the dow gained 346 points. we're seeing nasdaq, s&p, russell, which is gaining five days in a row, that is the best winning streak in two month, transports up 1.7%. look at some dow winners, mostly winners we're seeing, see boeing as industrial. financials as goldman, jpmorgan, are among the leaders. you have boeing and also goldman sachs and caterpillar adding about 100 points, just those names alone. looking at tech, facebook hit all-time high today. netflix on pace for record close. over at td ameritrade, fresh data from june, investors are buying netflix, selling facebook
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shares. there are concerns about social media over there. barclays is positive on netflix, overweight this one, despite the fact it run up 171%. low cost of capital, looks cheap even adjusted for growth. back to you. neil: wow, a pretty heavy view of that. thank you very much, nicole. if you've been out on the road you've probably been seeing a lot of people out on the road with you, continue to be this summer, despite gas prices continue to tick up. report says they could go 10% higher this summer. what is driving all of this, gasbuddy.com, head of analysis, patrick dehaan. good to have you back. why are gas prices being so stubborn? >> neil, a lot is fundamentals, coupled with the fact americans are hitting the road. we get three good months, northern country in chicago, not a whole lot of time to hit the road for the best record of the
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year. they will do it regardless of gas prices even if they hit three dollars a gallon, seeing motorists taking to the road. opec increasing production, higher oil prices come back. we're still sitting $73 a barrel. that will keep pressure on gas prices for much of the summer and throw hurricane season and possibly more volatility ahead. neil: if the saudis hike production, if russians hike production, it can't seem to offset the basic supply and demand equation? >> exactly that. president trump pleaded with opec and saudi arabia to increase production. the saudis are really open e only ones that have spare spare capacity to come online quickly. with the agenda of opec and some members saying different things, everyone with a different agenda. difficult to see what the saudis will do and russia, everyone
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wants market share. i would think they are strong enough demand to absorb anything that really opec produces. really interesting as well as the midterm elections come upon us in the months ahead. i think it is too late to see any significant relief for the summer driving season but what you could see is more relief coming in the fall months. neil: what what is remarkable too, how aggressively sold the suvs are, don't get great gas mileage, but at higher prices supposed to slow that, hasn't happened. what do you make of that? >> that is exactly right. i think americans love their big vehicles. so much that ford, who is looking at this closely obviously, is cutting back on sales of smaller vehicles. so i think we're just going to have to figure out a way, keep in mind president trump's stance on c.a.f.e. standards could contribute to even higher gasoline demand in the year ahead if those come to a front. americans just continue driving
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regardless of high gas prices a lot are complaining. we do so with very, very large vehicles, getting lower fuel economy than the same cars that we purchased just a few years ago that were smaller. neil: you're right about that. yelling eight feet up in the air in one of these gigantic escalades or what have you. thank you very much, pat, always good to have you on. >> my pleasure, neil. neil: for today at least oil prices are relatively soft, they're year-over-year up 12 to 15%, depending on the contract. energy related issues. big dominant themes in the dow no matter what happens with trade. we'll explore that. another thing that we're exploring, all these companies plan, will continue boosting their so-called share buybacks. in other words all the tax money they have been getting a good many companies right now take that back into buying their own stock. it usually lifts price of underlying stock. i say usually. because it isn't quite going to
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neil: all right, wisconsin cheese farmers, that's right, cheese farmers, are caught up in this trade war, with mexico. this calls for jeff flock to explain what the heck is going on. he joins us out of plymouth
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wisconsin. jeff? >> deep in the cheese caves here at sartori cheese in plymouth, wisconsin. indeed this is cheese made here in the u.s. and shipped overseas, specifically to mexico. look at this. these are wheels of cheese. that has been soaked in merlot. now subject any cheese sold in mexico as a result of retaliatory tariff, between 20 and 25%. that means anything they make here and sell over there, chef, you're behind the eight ball in terms of competition. >> no question. we've got a premium we didn't have a week ago. now it is 20 to 25%. >> by the way, what am i watching here? these are wheels of cheese being rubbed with what? >> black pepper. this is our cheese, reining grand champion from the u.s. cheese championship. >> number one cheese here. i have third generation cheese maker, jim sartori.
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you have been in this business for a long time. your grandfather came to the u.s. from italy, penniless. have you ever seen a trade war like we're seeing right now. what does it mean for your company? >> we have not. this is unprecedented for us. it puts all of us that make cheese here in america at a disadvantage. >> if you could send a message to the president, he sometimes watchings our network, i know you said you understand trade deficits, do something about that, you employ 500 folks doing work here like this. what message would you send to washington and for the president right now? >> we appreciate sticking up for the american producer, or the american citizen, we're not sure that tariffs are the right tactic. >> i will leave it there, neil. i think you heard that speech before. black pepper, by the way, rubbed on the cheese, looks like good stuff. here is the other thing. i left this out. now because mexico has
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separately negotiated an agreement with the european union, feel free, don't let me get in your way, they can't call parmesan parmesan anymore. they were selling it in mexico. now the european union says, parmesan must be made in parma, you can't call it parmesan anymore. unintended consequence, what i think is fair to say full-blown trade war. neil? neil: that's incredible. jeff, thank you very, very much. a trade war caught up. i do have other things i want to jonathan hoenig about, what about a trade war? this is yet another example how this extend and expand beyond the original intent? >> i mean, neil, the president assured us that trade wars were good, easy to win. that might end up being his no new taxes. we're seeing effects right here in front of our eyes.
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we were told for weeks, this is negotiation tactic. 50 dimensional chess, whatever else we were assured, jeff flock and other reporters on this network interviewed small business, small business already feeling impact. neil, forget if you're any size business, buying a washing machine, buying a new car, if it is $100, if it is $1000 that is real money out of investors and americans pockets. net result is loss of jobs. don't take my word. take adam smith. henrys hazlett, george bush from 2002. i hope the president is listening. neil: ronald reagan in 1980s, regretted going as far as he did with the japanese. leaving that aside, the argument it will settle out and because we hold all the cards. they're the ones sticking it to
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us on this cheese thing. if they're not blinking, if any country needs to blink with the united states is mexico. >> i disagree. neil: china, what will happen? >> i disagree, neil, your basic premise, in a trade someone holds the cards. the whole nature of trade is that both investorses both people benefit. that is is why they're trading. even gentleman jeff flock interviewed, the cheese maker, grudgingly acknowledged i guess the deficit is a bad thing. i don't think it is, neil. president can't explain why it is. there is no trade deficit, when we buy stuff from china, they get our money, neil. we get the stuff. that is savings, whatever we save is invested into new jobs, new employment, hence, if you want the best example is the low unemployment we're seeing today. trade -- neil: president is, you and i agree on this subject. the one thing i see happening we assume we're in the drivers
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seat. when it comes to trade there is no such person as sole person. >> free lunch. neil: you're killed. let me switch gears originally what we were talking about, i find it interesting, this commitment to buy 800 million of stocks by companies. that might be conservative figure. we're told it could be close to a trillion. we're having positive effect today. a lot of people say if that is what they're spending tax cuts on, buying back stocks, it is sin, sacrilege. what do you think? >> those that blame the greedy corporations if they're not, instead literally closing up shop or sending money to new guinea, it will be the greedy corporations, polluting the air or buying back their own stock. this is the -- fundamental isn't what companies are doing with their money, they're able to keep their money. that belongs to individuals. some will buy back stock. some pay it out in dividends or make acquisitions. the point it is kept out of destructive government quote, unquote economy. that is the private economy.
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that is net-net any way you look at it. neil: my friend, thank you, very much. brave call on jacket. i admire it jonathan hoenig, calls them like he sees them. later on tonight the president will detail who he wants to be the next supreme court justice. we're told it is whittled down to four names right now. president can surprise you. we're looking at that, planned live coverage starting at 8:00 p.m., 10 p.m. kennedy picks up the baton, look at economic impact, market impact. a lot on the line. a lot on the line. because my bol make its own insulin. and once-weekly trulicity activates my body to release it. trulicity is not insulin. it comes in a once-weekly, truly easy-to-use pen. it works 24/7. trulicity is an injection to improve blood sugar in adults
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neil: all right, dow about 300 points. trade wars are easing, respond to tariffs that are threatened out of the united states, germany for one hinting that at least when it comes to angela merkel she's open to negotiating cheaper tariffs on u.s. cars coming into her country but has to be approved by everyone and right now emmanuel macron isn't keen on it and britain falling out fast. we will get a read with pat buchanan. adam shapiro. slightly busy day. >> and the president is in the oval office and said he would make his decision by noon today.
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we are past that. the name hasn't leaked if he has, indeed, made the decision, the four front runners are believed, and remember the president said there are front runners. bret kavanaugh, law clerk to kennedy, ties to george bush administration. you have thomas hardiman, he's the man as teenager drove taxis part time, went to notre dame. there's amy coney barrett and drove praise during confirmation last year to federal circuit court because feinstein was going after religious beliefs and then there's raymond kethledge who has been referred to as gorsuch 2.0.
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those are the four front runners. as you take a look at u.s. supreme court, already, neil, protests are being planned as well as demonstrations in support of the nominee. protests on the step of supreme court tonight 8:00 p.m. by the pro-life -- pro-choice group, the national abortion rights action league. on the other side, have the judicial crisis network launching a more than 2 million-dollar ad campaign on television and internet and in print as well as radio in support of the president's nominee. both sigh lining up for a fight and we still don't officially have the name of the candidate, neil. neil: thank you my friend very much. we were talking about intellect, many pay attention who clerked for whom and i hear scalia mentioned quite often. and so by the way was amy coney
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barrett for scalia as well. only woman on the list that remains right now. ed, what do you think if you had to handicap this bunch, we are told that the more controversial the less likely and mitch mcconnell had said try to avoid controversy which is why he has settled on kethledge and hardiman as easier for approval. what do you make of that? >> well, look, we have four great candidates. confirmability is a great factor. if it takes them work to get great nominee through, let's get them through. any four would be outstanding. neil: does it concern you when let's say mitch mcconnell is talking about -- i can understand, his job to get nominee through, there's going to be a loot of theater and all said and done, likely, that two
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republicans might not vote for this nominee, particularly regarding roe v. wade, susan collins, lisa murkowski but the three democrats up for reelection in red states won bigbie donald trump could, that would be joe donnelly, hedi in north dakota and joe manchin in west virginia. >> those are important senators for the final vote. i think that president trump will have a great opportunity to keep senator collins and murkowski on board as well as get 3 or more red state democrats on board. yeah, i think you will see a fight over those senators. neil: what about the bush connection here? it's suppose today hurt, we are told bret kavanaugh who has the longest judicial record of defense and opinions that seem to prove conservative, but that that could work against him
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because it's almost too many written opinions and the bush connection, of course, which might not help with this president who doesn't have the best of relationships with the bush family, what do you think? >> well, look, all of the candidates have bush connections. it was president bush after all who appointed the three-long standing federal judges to the court. look, judge kavanaugh was involved in serving conservative legal politics and conservative legal movement well before president bush. he's someone any president would have looked to in his administration. i don't think that will cut significantly against him. neil: we were told to rally the base to whoever the president chooses, that's important, he wants the wow factor which i suppose by the comments he meant to wow the base, wow conservatives, almost any of the choices and you know them far
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better than i would serve that purpose. is there any possibility that you don't get a wow factor, a kavanaugh, that they would sit aside and still push for his approval? >> i don't think so. look, in the supreme nomination phase it's not surprising that people who favor one cabinet tend to say negative things about others. once we have nominee and people look close at merits of the nominee, the conservatives and then republicans will unify around the nominee. neil: what is your thought on democrats who have talked about waiting until after midterm election, let's take that in the next step and they did wait until midterm election and ironically stand a very good chance of beefing up numbers, maybe not the house but the senate. wouldn't that help that they have greater numbers and wouldn't have to rely on those
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democratic votes? >> oh, i think that's right if that were to happen. look, this is a desperation tactic on the part of democrats. they have, you know, caused supreme court filibuster to be abolished and they are trying to come up with means of obstructing this nominee and i don't think it'll work if this proceeds as it ought to, nominee supreme court justice by tend of september. neil: any possibility or fear that this nominee is what the president hopes and thinks because in the past a republican president picking what he thought was a republican judge didn't end up being that way, you can say with justice kennedy, you can say that about david sutter appointed by george h.w. bush, what do you think? >> things are dramatically different these days. over the last two or three decades, rise of conservative movement, law students and judge who is are thinking on legal
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matters shaped by justice scalia and justice thomas and no one who identifies as a judicial conservative these days is going to be anything like a justice sutter. neil: all right, thank you very much. good seeing you. >> thank you. neil: in this network special coverage of big night for the president and the american people with the selection of judge that can sit the balance of power in the largest court. begins at 8:00 p.m. eastern time. goes right through 10:00 p.m. after which kennedy takes over. we will be gauging not only the reaction, democrats and republicans, investors as well. so offers us sort of a live time market reaction to a decision, by the way, that is being examined not only in this country but across the globe. the dow 300 points. we will have more after this. liberty mutual accident forgiveness means
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click, call or visit a store today. neil: all right, surprise and the president finally responding to a number of drug companies that are raising drug prices in the case of a couple of over 40 different drugs to american people. the president saying pfizer and others should be ashamed that they raised prices for no reason, they are taking advantage of the poor and others unable to defend themselves at
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the same time giving bargain prices in europe and elsewhere. we will respond. i was noticing some of the drug companies haven't had big effect just yet, they have been given pressure under currency situation or trade war that could affect them. but in the time being not much of change in pfizer, these were separate trade issues that appear to be less trade issues today but the president on the warpath probably not going to help them. talking about warpath, some republicans are quiet when it comes to president and what he's wanting to do and fighting with everybody, setting high tariffs on almost everything and it's going to come back in basically known approach to business or keeping the government out, hasn't always been consist ient on -- consistent on that. that was then, conservative republican party now.
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john, john, they said they don't like it but yet they are not shouting about it, what do you make of that? >> they should be shouting about it if republicans aren't for market nonintervention, what are they for? if they're not about the growth that results from it, they're realistically about nothing. what we can't forget is the u.s. companies are priced in global markets based on the growth of china. apple is the most valuable company in the world, 20% of iphones sales occur in china. why would we want to cut? >> because they play service, you say? >> he says they don't play fair but fair is about workers getting as much as they can in return for their labor, so every day the chinese go to work americans get a raise but what's even more crucial here is that china is still a very poor
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country. its people haven't scratched surface of potential, what that means is the future, if they continue to grow, u.s. companies are going to make a wind fall over there, as of now, boeing gets one quarter of sales from china. nike, nike's second largest market. cadillac is the number 4 luxury car dealer in china. imagine what it will mean for u.s. producers when it's rich? neil: are you concerned despite worries, i stress the quiet about republicans over the president handling this, the markets are doing okay? either they don't think this is going to come to pay us or if it does, there won't be a big deal, what do you think? >> i think you're right. it does frustrate me on principle that republicans aren't making more noise, we are going to block it what's going to be for all americans, but hopefully markets are signaling that while peter navarro has been revived and needlessly by
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president trump that those who have a clue, those who understand the importance of being engaged with the rest of the world will ultimately prevail in trump administration. make no mistake f he succeeds in putting up barriers and basically proverbial bridges around the world that will weaken the trump economy and weaken the presidency. neil: john, what i have you on similar subject. the president tweeting after pfizer and pharmaceutical giants that were raising prices, i think in the case of pfizer over 40 different odd drugs, popular prescriptions for folks. the president doesn't like it and promised, we will respond. what do you think response will be? >> imagine if hillary clinton said that, imagine the outcry if she were president. the bigger thing is why would president trump say something like this, more important it's profit that is will enable
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eventual decline in the prices of everything. they must start out high to get low. drugs are crucial because they can elongate life. neil: the fact that this president on top of trade war some actions that are unrepublican, but certainly populist, but the republican party seems to me to have gone that route and that seems really obvious? >> yeah, and again, it's so disappointing that a party that is historically been proudly about elevating the capitalist, the people who transform our lives would anyone want to live in a world without amazon, apple, dell computer, without the drug makers yet we have a president intent on attacking them and attacking countries that have the potential to be the biggest markets yet for their products and services. this is not what republicans should be about. let's hope that trump in this sense doesn't have coat tails and not all bad, this has been very disappointing. neil: john, always good having
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you, you make a lot of people think and i appreciate that. be good. the president later on will announce supreme court pick, but will it be the candidate he thinks it is? some perspective on how other presidents got fooled after this but nothing says "we got married" like a 12 ounce piece of scrap metal. yo! we got married! honk if you like joint assets. now you're so busy soaking up all this attention, you don't see the car in front of you. and if i can crash your "perfect day", imagine what i can do to the rest of 'em. so get allstate, and be better protected from mayhem. like me.
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neil: all right, i have no idea whether amy coney barrett, the indiana judge from notre dame i should say is chosen by the president tonight but if she's not we are told her being too catholic and too right for life might come back to haunt her and take her out of running. tony perkins on just that feature, tony, i would say on this, i don't care your particular positions on candidate, that that was one of the disqualifying, very active on roe v. wade and would come
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back to haunt her and made it clear that it wouldn't influence how she would think as a judge but what do you think? >> they attacked the religious dogma feinstein said it was within her. borderlining crossing the constitutional bar of a religious test actually, neil, i think anyone of the candidates on the list would be good. i think what we are looking for is a judge who will not use judicial bench as workbench to craft policies in the shadows of the constitution but rather someone who will work in the line of the constitution and i think if you pick a strong conservative like a barrett, like hardiman, what's going to happen is you will fuel the president's base and stronger opposition on the left, the stronger the president's support base is going to be and if as you talk today ed earlier, if
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the democrats oppose this nomination and goes over into the election, look, i think it's going to super charge the president's base of support because you will see the left taking a radical position against someone based upon their religious convictions and background. neil: let me ask you about that, tony, the president promised a candidate that would have the wow factor, but i suppose he meant someone who would really jazz conservatives, any one of these four by that definition presumably would fit that bill, but are there others that gather your attention for that wow factor? >> again, i want to go back to barrett to confirmation a year ago to circuit court when she was attacked because of her faith, her background, it really engaged the base, the conservatives across the country who saw extension, continue wags
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-- continuation and they have the bernie sanders' wing and i'm not sure the moderate part of the party, they attack a mother of seven, two adopted children for being too radical. i think they will get tremendous pushback and knowing thousand president operates, how he doesn't run from the wind and sails into the wind, i think it would be an excellent pick for him. neil: mitch mcconnell urged the president to avoid her and bret kavanaugh as well and focus on kethledge and hardiman. >> you're right. mitch mcconnell is, you know, mitch does great things, the president's policies and politics are different than the traditional republican way of thinking that we try to, you know, kind of weave and bob and go down the middle. you know, the president he loves
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a good fight and so does he base and i think when we are talking about the core and again the cord has tone more to divide the nation than anything else, the president saying i'm going to pick a constitutionalist, one that will abide by the letter of the constitution, i think his base of support, they are ready to roll up the sleeves and help president confirm nominee. neil: tony perkins always a pleasure. >> have a good day. neil: to tony's point about religious issue, it wasn't all that long ago where certain candidate running for president, john f kennedy rallied around them and catholicism that he would not be accountable to pope. different today, former nixon and reagan senior adviser pat
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buchanan on the phone. pat, what do you make of this battle over catholic in this case over one with apparently strong pro-life views? >> i think i would trust that the president are not exercising and back get away from her because she's roman and believes to right to life. she has extraordinary record as human being as well as professor of law. she's got 7 kids, two of them adopted. let me say this, neil, if you did nominate this woman and they tore her to pieces because of her catholicism, that would be tre -- tremendous backlash and you would make a martyr out of this woman even if you defeated her and the democratic party would be hurt. i would certain not hesitate to
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appoint her if you believe she's the best for the position. i was with nixon when he appointed the two southern conservatives and both of them were rip today pieces and the democratic party never recovered in the south from what it did. neil: how do we know what we are getting whether, you know, it's going to be, you know, amy barrett over any of the other names, the three other names, the president could surprise us and pick someone the list, how do you know that person is going to be the person? we have in examples even with justice kennedy that not quite what ronald reagan envyinged or david sutter what george bush envisioned. >> when nixon appointed roe v. wade, stephens went south, sutter and kennedy were swing votes. the difference between failures in nixon whatever -- what they
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are doing is they have vetted the folks and have read their opinions, they have read their articles, they've got a track record on all of this which is what we failed to do in the nixon white house and so i trust them. i think the four that they have come up, any one of them would be outstanding and would energy the base. all i'm arguing from what you've said is i hope this woman is not rejected because she's a catholic roman who has 7 kids and believes in right to life. i mean, there's no indication that she's going to go against or try to impose views or values on the country. i think she will deal with the law as it is and in federal society vets them, i think you have a good shot that it's a good man or good woman. neil: whoever is picked gets
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through in this very twight divisive -- >> that comes down to about 5 people and collins, senator mccain who may not be there. you are down to 1 and you have susan collins and lisa murkowski, you have to get one of the four democrats, joe manchin or gallagher in indiana or someone else. neil: you would need joe donnelly. >> someone else to do it, but, listen, if you, look, there could be new choices down the road, ruth bader ginsburg looks like she's on the verge of retirement and another liberal that's close to same age, what is it steven briar, i think you want to get someone on the court but even if you lose, you could -- this is one of those situations where you could win by losing.
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neil: we will watch closely. always a pleasure. >> good talking to you. neil: national manufacturer association or association of manufacturers have vested interest in seeing we avoid a trade war, the thing is trade war is on and the president to say hopes it ends very soon after this
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neil: all right, we are awaiting from to hear from comcast, fight off with disney that wants to scoop upmost of 21st century fox's assets. now we have, it's interesting in buying regional fox sports networks. that has been lifting interest certainly in 21st century fox after stock was down much of the day. wallet disney benefiting, for the deal to go through government officials here in the country, assets would have to go anyway, that's part of proviso to get merger approved. when comcast picks any pieces or
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other pieces, apparently they are interesting in those. manufacturing what looks like a trade war and prompted concerns of auto manufacturers like ford among them indicating if this goes on, it has to stop and manufacturer ceo jay, jay, good to have you back. >> hey, neil. neil: how bad do you think this is going to get? >> let's hope not too bad and the administration is positioning us in a way that will enabletous create some good deals. i mean, for us, when we look at china and we have been talking about china, you and i have talked about china, the fact that china cheats and the fact that china counterfeits, subsidizes products, none of that is good but a trade war ultimately will be bad for everyone especially consumers in the united states.
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so we want to get that behind us, we want to get a deal with china done so we have a level playing field. neil: is it your sense that a lot of u.s. manufacturers lay off people if this drags on for period of time, some said if goes beyond 3 months, they almost have to, do you share that? >> i don't want to say that, neil, obviously i don't want to say that. we want to see the manufacturing sector grow, be stronger, in fact, over the course of last 2 years, we added a quarter of a million jobs after having lost thousands of jobs in 2016. in fact, if you look at manufacturers outlook right now, the last survey that we released, 95% of manufacturers have positive outlook on the economy and their future. 88% say they are going to hire in the next few months and 712% -- 72% will be raising wages an benefits. all of that is good news, now lay tariffs on top of that,
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trade war on top of that is not great for manufacturers. we want to get back to those positive signs. neil: what if no one blinks here, though, that's the fear, i know that's your concern that everyone wants to be the tough guy here and say, we are not going to bend, it won't come to fruition? >> right. [inaudible] neil: i'm wondering then, then what? >> so i think you have to look at --
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>> we are fighting wars with the mexicans, with the can add apes and all the european countries, with india. >> that's a different issue. neil: it is, the only reason that i mentioned it is we don't have friends in this fight if we fight with all our friends. >> i think that's a legitimate concern. thank you for bringing that up. it's important to recognize that we have long-standing allies in the world, europe, canada, méxico, and, yes, there may be some issues with some agreements that were negotiated a quarter century a ago and may need to be updated but ultimately manufacturers in america want to sell our goods to the 95% of customers who reside outside of the united states, having a good relationship, continued positive relationship with our allies is in the best interest of manufacturers and most
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importantly manufacturing workers in the united states. and then let's all get together and take on the shared challenge of china and china's way of doing business which is not good for anybody in the world. neil: you know china very, very well, do you think it's capable of making concessions of doing something? >> sure. they have free trade agreements right now with 10 other countries, australia being one of the largest economies, they have incentive to come to the table and rules base free trade agreement with the united states, with other countries around the world because they too care about markets around the world, they also want to be able to bring in products from other countries around the world to service their incredibly large market. so they have a lot of incentive to do this and, you know, i've heard all of the arguments that they can sit around for hundreds of years waiting for something
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to happen to their liking, but the fact of the matter is, the government of china right now needs to worry about billions an billions of people there that are trying to take advantage of their growing economy, they can't do that without being part of the global economy and so it is in their best interest to negotiate with this administration for a rule's base trade agreement that benefits both countries and people. neil: you would think, well said, national association of manufacturers, big chief, the ceo. we will see how it goes. >> thank you, neil. neil: we were among the first shows to study the yield curb, i started talking about the gap, a lot of people are saying, neil, you're even duller as we authority. guilty as charge america, but we were on top of something that has prompted a response from no less than the federal reserve to you're welcome, america.
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neil: welcome back, everyone. boris johnson, former mayor of london, former secretary power broker who had inside shot of becoming prime minister a couple of years after brexit opted not to be interested in the job, theresa may got the job, it's
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been better than two years since the brits stunned the war that they wanted out of the european club. they are still in the club and a lot of people are saying it's theresa may tragging her feet. now with the foreign secretary boris johnson quitting and david davis, i didn't know they had a brexit minister but they did and he's out too. a matter of time before the prime minister feels the heat and might have to hold special election. ashley webster has been working on impeccable british accent -- ashley: i practiced all weekend, neil, is it pretty good? >> not as good as scottish accent. don't you look at me. ashley: we don't want to ruin the segment. neil: i understand. what happened here? i don't understand. ashley: yeah, you said it neil, 25 months since uk vote today get out of the european union. where are we? really nowhere, this past
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weekend british prime minister theresa may put together what she said a compromised deal. the best deal that the uk could get out of the eu, but the problem is there are many people within her own party who say this is a soft brexit, they say you give away too much too easily, there's no real break proper break from the eu. we still won't be in control of our laws, we still have to comply with eu food regulations, even on immigration, we are not totally clear of brussels and that's why as you say, david davis, david was brexit secretary, so famous that neil cavuto hadn't heard of him and now we have boris johnson. declaration war on theresa may and her government saying, quote, the brexit dream is dying, britain is truly headed for the status of colony.
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so what happens now as you mentioned there could be theresa may certainly facing down rebellion. question is will there be call for vote of confidence that takes certain number of conservatives to do that, so far there has been no input of that, but make no mistake, theresa may is certainly fighting for her political life and the bigger question is if she can't get full support for the compromised brexit deal, what in the heck can she get support for? the brits are suppose today meet with the eu this october with their proposal and move out next march. it's pure chaos. those who didn't like brexit are screaming it's time for second vote. a lot of mess going on and theresa may fighting for political life, of course, in the middle of all of this arrives donald trump. he will be there on thursday, the white house saying today that they plan to visit as scheduled, still on track and
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they are going to continue the special relationship between the united states and the united kingdom. let me tell you, theresa may will be distracted i have a feeling during that meeting. neil: that was way more than i really wanted to know. but i appreciate it, but ashley -- ashley: i always give you more than you want. neil: what i don't understand is her views before she began prime minister, she wasn't keen of brexit and breaking away from europe and then she sort, all right, the will of the people, she was reading surveys, maybe that swung back to a lot of brexits that want a second crack of this and weren't keen on this and getting blown up. >> that's what happened when you that. the problem is she has between those conservatives who want hard break and those moderate
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conservatives who say we can't break free, we will always be joined and she's stuck in the middle. boris johnson and davis were probrexit. the problem being is you have someone leading this fight who really doesn't agree with brexit in the first place. neil: so what about her prime ministership, how is it looking right now? ashley: following second by second, she may be able to hang on purely because who the heck is going to replace her? there's real no strong candidate. people saying boris johnson is making move to sweep in and pick up leadership but he says no, not interested much like he did last time around. i don't know. she may be the best of the bad bunch but she's certainly under a lot of pressure. neil:ly work on the scottish. ashley: no. neil: ashley is the best and
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fake british accent and all. keeping close eye on here that might be a worry that susan li was on top of earlier the yield curb, you heard about the narrowing gap and that it could influence raising rates, keep doing that and all of a sudden you get inverted yield curb and i know what you're saying, you're boring, neil, don't make it more boring. the flip side the recovery that we have been witnesses and the markets all of that can go, the s&p global market erin following this trade, but before i get to that, what's happening on the yield curb and what's giving the fed pause? >> it's hard to follow boris johnson talking about the yield curb but we will try. neil: can you imagine if he did?
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>> hard act to follow. the yield curb today, it's widening a little bit, we are up 300 points in the dow. that's why people are not rushing into the safety of the 10-year yield. we are up a little bit but we are ever closing as i mentioned to you to inverting which is going below zero line, we have the chart up that we have been showing you inversion as you know indicater recessions for the past 7 recessions. yeah, slow growth. you look at the stock market and they are not correlating at this point. neil: what do you think? >> this is about the fact that there's not fear about inflation, long-term ratings are more about hedging over high inflation and we have this very goldy lock's economy of strong growth with very low inflation and we are nine years into the super elongated recovery. so this is exactly what the yield curb is saying, is that we have the unique position of
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strong growth, low inflation, we've just hit the fed target of 2% and it took them over 3 years to even hit that. neil: but if you're sitting on the federal reserve and you were worried of usan's point of pushing something, you don't want to raise rates a lot because you are going to create the one thing you don't want, right? >> no. they certainly do want to be careful about raising rates an creating that but for us, they do need to keep raising rates. when we are becoming -- neil: in front of the curb? >> exactly. we do have 2% inflation, we want to be ahead of it. you have to keep in mind, there are two things, one taking into account how attractive u.s. treasuries are globally. they are actually negative and much lower interest rates in europe and japan. right.
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keeps the yield down and pushing prices up. another thing is super low inflation that's very unusual in this type of economy with this type of growth. >> and powell, the federal reserve chairman says that the reason that inverted yield curb has indicated recession is because the federal reserve during that time, battle inflation. inflation is the key, 2.25% is the key because the fed will be force today raise interest rates and suppress the 10-year yield and then we have inversion. neil: every time i hear that it worries me? >> that this time is different? >> everybody is aware that this is a rather unique situation. yeah. neil: there's no industries --
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>> very specific industries that get very hard but tend to be smaller industries. neil: we don't know how long? >> we don't know how long and how it's going to spread, so far impactful on a tinny handful of small -- neil: do you think it kind of stays like that for now? >> there's a lot of rhetoric and what gets implemented would be different. we are more of a wait and see. we haven't seen huge impact on wide scale. neil: certainly haven't seen it today? >> also depressing the 10-year yield. i guess negative feedback that's taking place with these tariffs disputes as well. neil: is the consensus was settled soon rather than later, we are told -- >> trade tariffs? i think you're seeing that in the markets. they are shaking it off. >> today, i'm not going to guess on this one.
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[laughter] >> every time i think it's over there's another tweet and so i'm not going to try anymore. neil: thank you very much, the uk conservative party chairman does not expect a confidence vote against theresa may. so to fight another day? [laughter] . . . not all omega-3s are clinicay proven or the same.
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♪ neil: we are told right now the president knows. he has already made his pick for the supreme court, replacement
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for judge, justice anthony kennedy. he will announce it to the entire country later on tonight. remember his goal was get it decided by noon. we shall see. trish regan right now, to take you through a dow up 306 points. trish: neil, breaking right now. take a live look at this white house because just in seven hours the president will name his supreme court nominee. as neil said, he knows who it is. we don't. we'll talk about what the possibilities are. all of this as we look at a dow up 305 points. investors shrugging off concerns about new tariffs. i'm trish regan. welcome to "the intelligence report." everyone again, we are told that the president has narrowed his list down to four people, four individuals, all with very strong conservative values. that's very important there, no matter who the president picks, so i will tell you. this is going to shape

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