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tv   Varney Company  FOX Business  July 13, 2018 9:00am-12:00pm EDT

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prime minister may and i have come from a productive nato summit. that was truly a productive summer where my top priority was getting other nato members to pay their full and fair share and the prime minister was right there with me. i want to thank you prime minister for the united kingdom's contribution to our common defense. the uk is one of the handful of nations, five out of 29, not good, but it's going to get better really fast, in addition to the united states meeting the 2% gdp minimum defense spending commitment. during the summit i made clear that all allies must honor their applications and i am pleased to report that we have received substantial commitments from members to increase their defense spending and to do so in a much more timely manner. in our meetings today, the
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prime minister and i discussed a range of shared priorities including stopping nuclear proliferation. i think my minister may for her partnership in our pursuit of a nuclear free, north korea. it's been a tremendous help. we also discussed a ram. we agree around must never possess a nuclear weapon and that i must hold and i'm going to do it and she's going to do it and we will all do it together. we have to stop terrorism. we have to stop terrorism and get certain countries, and they've come a long way, the funding of terrorism have to stop and it has to stop now. i encourage the prime minister to sustain pressure on the regime and she needed absolutely no encouragement because she, in fact, also encourages me. we are doing that together,
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very closely coordinated. the uk and the united states are strengthening cooperation between our armed forces who served together on battlefields all around the world. today the prime minister and i viewed several u.s. uk special forces demonstration. we saw some demonstrations that were incredible. the talent of these young, brave, strong people. we saw at the royal military academy. seamless coordination between our military is vital to addressing the shared security threats we have. threats far different than we've ever had before. they've always been out there, but these are different and severe and we will handle them well. we also recognize the vital importance of border security and immigration control, in order to prevent foreign acts of terrorism on our shores, we must prevent terrorists and
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their supporters from gaining admission in the first place. border security is a national security problem. in the united states we are working very hard to get the democrats to give us a couple votes to pass meaningful and powerful border security. i also want to thank prime minister may for pursuing fair and reciprocal trade with united states. once the brexit process is concluded, and perhaps the uk has left the eu, i don't know what they're going to do, but whatever you do is okay with me. that's your decision. whatever you do is okay with us. just make sure we can trade together. the united states looks forward to finalizing a great bilateral trade agreement with the united kingdom. this is an incredible opportunity and we will see that fully. we support the decision of the british people to recognize
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self-government and we will see how that goes. it's a very complicated negotiation and not an easy negotiation. a strong and independent united kingdom, like the united states, is truly a blessing on the world. prime minister may, i want to thank you again for the honor of visiting the united kingdom, a special place. my mother was born here. it means something maybe just a little bit extra, maybe even a lot extra. we had a wonderful visit. last night i think i got to know the prime minister better than at any time. we spent a lot of time together over a year end a half, but last night, i was very embarrassed for the rest of the table. we just talked about lots of different problems and solutions to that problem and it was a great evening. as we stand together at checkers we continue a long tradition of friendship, collaboration and affection between ourselves and our people. the enduring relationship between our nations has never
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been stronger than it is now. madame prime minister, thank you very much. it has been an honor. >> thank you, mr. president. [applause] we are going to take four questions each. i will start off with laura. >> thank you very much by minister and mr. president. mr. president, you seem rather to have changed your tune from what you said earlier this week when you set on the current brexit plan that would probably kill the possibility of a trade to with the uk. our countries are meant to have a special relationship yet you publicly criticize the prime ministers policy and her personally for not listening to you. is that really the behavior of a friend? by minister, isn't it a problem for you that some of the things mr. trump has said about your exit plan are right. it will limit the possibility of trade deals easily in the future. can you also tell us how it
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felt for him to criticize you in that interview. >> maybe i will go first because i didn't criticize the prime minister. i have a lot of respect for the prime minister. there was a story that was done, which was generally fine, but it didn't put in what i said about the prime minister and i said tremendous things. fortunately, we tend to record stories now so we have it for your enjoyment if you would like it. we record when we deal with reporters. it's called big news and we solve a lot of problems with the good old reporting instrument. what happened, the prime minister, as i just said, she's going to make a decision as to what she will do. the only thing i ask of teresa is that we make sure we can trade, that we don't have any restrictions, because we want to trade with the uk, and the uk wants to trade with us. we are by far their biggest trading partner.
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we have a tremendous opportunity to double, triple, quadruple that. if there going a slightly different route, and i do the they -- i know they do want independence. if they're going to go a certain route, i just hope you are going to be able to trade with the united states. i read reports were that won't be possible, but i believe after speaking with the prime minister's people and representatives and trade experts, it will absolutely be possible. based on that, and based on trade in general, and our other relationship which will be fine, but the trade is a little bit tricky. we want to trade and they want to trade and i think we will be able to do that. i think she's doing a terrific job, by the way. >> thank you, mr. president. just to confirm what the president has said laura, there will be no limit to the possibility of us doing trade
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deals around the rest of the world once we leave the european union. on the basis of the agreement that was made here at checkers and i put forward to the european union, just to be clear, that is an agreement that delivers on the brexit vote that delivers what i believe is at the forefront of people's mind when they were voting to leave the european union. at the end of these negotiation negotiations, we will ensure that free movement will come to an end for the jurisdiction of the court of justice here in the uk will come to an and. the sending of vast sums of money to the eu will come to an and. we will come out of the common agricultural policy and ensure that not being in a customs union that we can have an independent trade policy and do those trade deals around the world. as you heard from the president, the united states is keen for us and we are keen to work with them and we will do a trade deal with them and others around the world. >> jonathan, go ahead.
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>> mr. president, two questions if i make are the first one, now you're british trip is coming to a close. could you tell us three or four things you hope to achieve in your meeting with vladimir putin, and the second question, what's the benefit to america of having tens of thousands of american troops stationed in europe? >> i will be meeting with vladimir putin on monday. we go into the meeting with a tremendous meeting that we had with nato. most of you reported it correctly. it was certainly testy at the beginning but at the end everyone came together and they agreed to do what they should do, and actually what they've committed to do. which the uk fully adhered to but some people didn't. we left that meeting more unified than ever before. we go in strong. we will be talking to vladimir
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putin about a number of things. we will talk about ukraine and syria and other parts of the middle east. we are massively, we been modernizing and fixing and buying, and it's just a devastating technology. they likewise, are doing a lot. it's a very bad policy. we have no choice. we are massively big and they are very big and we will be talking about nuclear proliferation. that would be a great thing if we could do, but not only us, other countries also. we are the two leaders. we would be the leader, they would be second, china would be third period we will all be talking about that. jonathan, i think that would be a tremendous achievement if
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we could do something on nuclear proliferation print we will be talking about other things but i know you will ask it will be talking about meddling, and i will absolutely bring that up. i don't think you will have any g, i did it, i did it, you got me. there won't be any. mason here, but i will firmly ask the question and hopefully we will have a good relationship with russia. the prime minister would agree, we have a good relationship with russia and china and other countries. that's a good thing, not a bad thing. hopefully that will happen. >> what's the benefit to america to having the troops in europe. >> look, there is a benefit. there's a psychological benefit and a military benefit. there's also a benefit not to do it. i was prepared to do things that would have been somewhat harsh yesterday.
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a lot of people were surprised that nato came together at the end. it wasn't a threat. it was just an unfair situation for the united states was paying anywhere from 70 - 90 and i choose 90 depending on how you calculate. we were paying 90% of the cost of nato and nato is really there for europe much more than us. it helps europe, no matter what our military people say or your mulle military people say, it helps europe more than us. that being said, it is a great unifier. we have 29 countries and there was a lot of love in that room. we have a lot more than, jonathan when you say 10000 troops, we have a lot more than 10000 troops. >> i said tens of thousands. >> okay. in germany we had 52000 troops and we have a lot of troops in europe. that being said we are helping europe, they're helping us, we are altogether, and i'm fine with it. and very importantly they are
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now coming together in a much more rapid fashion. >> francis. minister, i wonder if you agree with the president of the united states that immigration has damaged the cultural fabric of europe and mr. president, perhaps you could elaborate, what do you mean by that? >> i think it's been very bad for europe. i think europe is a place i know very well and i think what has happened is very tough. it's a very tough situation. you see the same terror attacks that i do. we see them a lot. we just left some incredible young men and women at sandhurst and they were showing us things that frankly 20 years ago people never thought about. i just think it's changing the culture. it's a very negative thing for
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europe and i think it's very negative but i think having -- in germany i have a great relationship with angela merkel and a great relationship with germany, but i think that's very much her germany. it's very much other parts of europe and it's politically not necessarily correct to say that, but i will say it and i will say it loud. i think they better watch themselves because you are changing culture. you're changing a lot of things, your changing security. but what's happening. look what's happening to country who never had difficulties or problems. it's a very sad situation. it's very unfortunate, but i do not think it's good for europe and i do not think it's good for our country. we are far superior to anything that has happened
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before but we have very poor immigration laws. were doing well considering we virtually don't have immigration laws. we have laws that are so bad i don't even call them laws. you just walk across the border, you put 1 foot on the land and now you're tied up in a lawsuit for five years. it's the craziest thing anyone has ever seen. i would make that recommendation to europe. i've made it loud and clear. i made it yesterday, 29 countries total, and that's the way i feel. >> the uk has a proud history of welcoming people who are fleeing persecution to our country. we have a proud history of welcoming people who want to come to our country to contribute to our economy and society. over the years, overall immigration has been good for the uk. it brought people with different backgrounds and outlooks here to the uk and we've seen them contributing to our society and economy. what is important is that we have control of our borders and we have a set of rules that enable us to determine who comes into our country,
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and of course that is what, as a government, we have been doing for a number of years and will continue to do in the future. >> since you took the week taking on nato allies and criticizing teresa mae on her own soil, are you giving vladimir putin the upper hand heading into your talks given that you are challenging these alliances that he seeks to breakup and destroyed? >> that such dishonest reportin reporting. let me explain something. we have left nato with more money, with more unity, with more spirit than nato probably has ever had. we have a strong and powerful nato. when i became president we didn't. we had people who weren't
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paying bills or fouling commitments. in addition to that we've become an oil exporter which would not have happened under the past regime or a new regime if it weren't us. we have built up our military, $700 billion and next year as you know $716 billion. when you look at what we've done in terms of russia, i guarantee whoever it is in russia is saying oh gee, do we wish trump was not the victor in that election.we have been far tougher on russia than anybody, and probably, look, i'm not going to go down a hundred years, but certainly we have been extremely tough on russia including the fact that when the prime minister called, when they had a horrible thing happened right here, very close by, she asked would we do something and maybe i would let you tell the number and it was far greater than anybody else.
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we expelled how many people, 60 and germany did three, as an example. germany is a big, powerful country and they did three but the thickness doesn't want to talk about that. we been very strong on russia. that being said, if i had a relationship with vladimir putin, i don't know him, i've met him two or three times. most of you were there when we did. we met him at the g20. if we could develop a relationship, which is good for russia, good for us, good for everybody, that would be great. if i had a relationship with china, we are in a big trade situation with china for exampl example, where we are behind for many years, $500 billion, that's just like what happened anymore. if we got along with countries that the good thing. if we get along with china, russia, the that's a good thing, not a bad thing. >> i take your point about the
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fighting -- >> yes there was fighting because i said you have to put up more money. we have to be stronger and unified. the headlines that sees what's happening during the morning, he sees what happened in the afternoon where we came together as one. they are putting up billions of dollars more. i'll give you an example, and you know this is a confirmed number. $34billion more was raised since i became president in nato. that means that the other 28 countries have put in $34 billion more into nato. do you think vladimir putin is happy about that? i don't think so. we have a lot of false reporting in our country. i don't think you have that in your country, do you prime minister? >> president trump told the sun, i think the deal she is striking on brexit is not what the people voted for. is he wrong?
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i'd like your reaction to him sing boris would be a great prime minister. >> the agreement that we have put on the table, in response to laura's first question, this does deliver on the vote of the british people. they voted to leave the european union. i heard the tone the president used earlier but we are leaving the european union on the 29th of march 2019. as we leave the european union, we will be delivering on what people voted for, and to free movement, and to sending money to the european union every year and the end to the european union court of justice here in the united kingdom, and ensuring by coming out of the customs union, that we can have an independent trade policy that enables us to negotiate trade
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deals with the united states and other countries around the rest of the world. that's what the british people voted for, and that's what we will be delivering. we will deliver in a way that protects jobs and livelihoods and meets our commitment to the border between northern islands and ireland. >> i will respond. they said unrelated, not relate related. we have the tape, you can ask sarah and get it from sarah. we tape to the entire interview. i asked how boris would be as a prime minister and i said he'd be a great prime minister. he's saying good things about me as president. he thanks i'm doing a great job. i am doing a great job, just in case you haven't noticed but i do think boris johnson would be a great prime minister. i also said this incredible woman right here is doing a fantastic job, a great job, and i mean. i must say, i have gotten to
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know tresa made much better over the past two days and i've known her over the past year end half. we spent more time in the past two days, yesterday had breakfast, lunch and dinner with her and then i said what he we doing tomorrow and they said i'll be having breakfast and lunch with her. i've gotten to know her better than ever. i think she's a terrific woman and she's doing it terrific job. brexit is a tough situation. it's a tough deal. between the borders and entries into all the countries. she's going to do her best. i asked that she work it out so we can have very even trade because we do not have a fair deal with the european union right now. they treat the united states horribly and that's going to change. if it doesn't change they will have to pay a very big price and they know what that price is so they are coming over on july 25 to see me. hopefully we can work something out. they have barriers that are beyond belief.
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barriers were they won't take our farm products are many of our things including our cars. they charge us terrifying cars far greater than we charge them. you know all these things. last year, teresa, we lost $151 billion with the european union. we can't have that. we won't have that any longer. thank you. >> robert. >> mr. president, how would you characterize your relationship with the united kingdom? more special than with other countries? by the way, on farm products, i think on the prime ministers deal, you wouldn't be able to export many of your farm products to the uk. would that be a problem for you? prime minister, the president said yesterday that he gave you advice about how to negotiate brexit and that you didn't take that advice but i wondered what that advice was and whether you have any regrets about not taking it.
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>> my job is getting out there and doing it and that's exactly what i've done. as we been going through these negotiations there's been kept go voices, perhaps from some of you before me today about what we would achieve and what we wouldn't. we got that joint report and joint agreement on citizens rights, we got the implementation. in march. now we've put forward a proposal that the two proposals the european commission had put forward and are not acceptable to the uk and we have said no to those amounts where we put our proposal on the table. it delivers on the brexit deal but also ensures that we can have smooth trade with the european union in the future. in terms of the united states and trade with the united states, there will be question on some of the trade issues about the standards we have here for certain products and how we want to deal with those in the trade deal. that will be a matter of negotiation. >> so i would say i give our
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relationship, in terms of grade, the highest level of special. we start off with special, i would give our relationship with the uk, and now, after these past two days with your prime minister, i would say the highest level of special. am i allowed to go higher than that? i'm not sure. it's the highest level of special. they're very special people in a very special country. i have a a relationship because my mother was born in scotland. as far as advice, i did give her a suggestion, i wouldn't say advice. i think she found it to brutal because i could see that. i don't know if you remember what i said, but i did give her a certain amount, i gave her suggestion, not advice. i could fully understand why she thought it was a little bit tough. maybe someday she will do that. if they don't make the right deal, she may very well do
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what i suggested they might do. it's not an easy thing. look at the united states how the european union has taken advantage systematically of the united states on trade. it's a disgrace. it's not an easy negotiation. >> john roberts, go ahead. cnn is fake news but i don't take questions from cnn. john roberts from fox, let's go to a real network. >> we are a realnetworks too, sir. >> some have suggested relationships between the u.s. and russia are at the lowest point since the end of the cold war and you have stated many, many times that you think it's important to have a better relationship with russia. is there any way for relations between the united states and russia to improve as long as elmer boudin continues to occupy them yes. >> yes, i think so. i have a very good
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relationship with him if we spend time together. i may be wrong. other people have said that and it didn't work out but i'm different than other people. i think we are being hurt very badly by the witchhunt, the rigged witchhunt after watching some the little clips. i didn't get to watch it here because it's a different time zone, to put it mildly, but after watching the man that was testifying yesterday yesterday, i call it the rigged witchhunt. that hurts our country and our relationship with russia. we would have a chance to have a very good relationship with russia and a very good relationship with vladimir putin. i would hope so. >> what is your thinking about improving relations with russia while they continue to illegally occupy another country. >> yes they do. if you're talking about crimea, primarily, yes. but again, president obama failed very badly with crimea. i don't think he would have
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done that if i were president. he took over crimea during the obama administration. >> how do compared to what other people done, 160 days in, there is nobody close, i don't believe. let's see what happens. this was an obama disaster and i think if i were president then he would not have taken over crimea, during the obama administration, he essentially took over crimea. i don't think he would have done that with me as president, jon. >> i have a question for the prime minister, if i can follow up, you have taken on many things you say. you were left with by the obama administration that you say that you have fixed. this is something that you inherited from the obama administration, the occupation of crimea. how do you fix it? >> we'll see what happens. i mean it is a process. if i knew i wouldn't tell you because that would put us at a disadvantage. but we'll see what happens.
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we'll see how it all melds out. i want people to understand, crimea was, it was another bad hand i got handed north. we're doing very well. you saw the letter yesterday. we're doing very well. we have not had nuclear testing. we haven't had missile launches. we haven't had rocket launches. sites were blown up. we got back our hostages, our prisoners, even before i left. a lot of good things are happening. there is good feeling. it is a process. it is a longer process than anybody would like. i'm used to long processes too. we haven't taken off sanctions. the sanctions are biting. we haven't taken them off. crimea is something i took over, jon. there is nothing much i have to say about it, we will look at that, like i'm looking at many other disasters. i have taken over a lot of bad hands, fixing them one by one. i know how to fix them. okay? >> thank you, mr. president.
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madam prime minister, president trump said he made suggestions to you what to do about "brexit." can you ask you if you would make a suggestion to him how to handle his meeting with putin? >> it is very simple. we've been talking about that today, what is important meeting with president putin. i welcome the meeting with president putin, what is important that the president goes into this as he is doing, from a position of strength. also from a position of unity in nato. i think that is very important obviously. we've discussed the activity of russia in many different ways including use of a nerve agent on streets of the united kingdom, the impact that has had. i welcome earlier, the very strong response the united states gave to that. we had response from around the world but i think the important thing is, particularly following the nato summit, the president is going into this meeting with president putin from that position of strength and position of unity around that nato table.
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jason. reporter: jason gross from "the daily mail." prime minister, in conversation your own mps sided with donald trump really, said this deal that you signed her at chequers will be bad for trade. why can't you convince your own mps it is a good idea? mr. president, you said "brexit" is a tough situation, what would do now, would you walk away from the talks to show them you mean business? >> first of all on the issue of trade deals, as i said earlier what we're negotiating and when we come out of a negotiations i want to see, we will have our ability to have independent trade policy, to set our own tariffs, independent member of the wto. to negotiate trade deals around the world as we will be doing. we're looking obviously united states, other areas as well. as we said, we're looking at issues like the possibility of
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some trade deals around the pacific, pacific area too. we will negotiate those trade deals. but i also want to have a good trade arrangement with european union. this is isn't either/or. we don't replace one with the other. the united kingdom is looking for, can negotiate a good relationship with the european union. good trade relationship, with the united states and around the rest of the world as well. and that is what will be good for jobs, good for people's livelihoods, good for prosperity here in the u.k. >> well, if you remember i was opening turnbury the day before "brexit." unbelievable amount of reporters there before "brexit." we were on the ninth hole, looking over the ocean. what is going on. all they talked about is "brexit. they asked for my opinion. you will agree i said "brexit"
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will happen. the reason i felt it was going to happen because of immigration. i know, one of the reasons i got elected was immigration. i felt "brexit" had the upper hand. most people didn't agree with me. barack obama said, well, that your country will have to get on the back of the line if that happened. which i thought was a terrible thing to say frankly. but i said i thought it was going to happen and it did happen. i also think that as far as negotiating the deal, i probably would have done what my suggestion was to the prime minister but she can always do that. she can do that at some point, she can do what i suggested to her. >> walk away? >> you can't walk away, if she walks away, that means she's stuck. you can't walk away. but you can do other things but, she can do what my suggestion was. and my suggestion was, you know, respectfully submitted. she will, she will do very well.
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i think she is a very tough negotiator. i've been watching her over the last couple days. she is a tough negotiator. she is very, very smart and determined person. i can tell you a lot of people are looking up now, gee whiz, you know, she left a lot of people in her wake. she is a very smart, very tough, very capable person and i would much rather have her as my friend than my enemy, that i can tell you. go ahead. >> jeff mason from reuters. >> i like your hat. >> thank you, mr. president. >> good solid head of hair. >> i don't have a good solid head of hair. >> you do what you have. >> going into your meeting -- [inaudible] >> oh, boy, okay. >> i like you better without the hat. reporter: there we go. going into your meeting with president putin on monday, sir,
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you mentioned denuclearization and syria. can you say exactly what message will be on syria. what would you like him to say, especially given assad's gains in the country recently. also on denuclearization, can you spell out a little bit how you expect that to happen in terms of treaties and in terms of talks? >> it will be a slow process. don't forget we're not only ones that have nukes, it would be a slow process. for the world, it would be us and others coming along simultaneously obviously. i think when i, when the meeting was arranged, we both wanted the meeting, when the meeting was arranged, it was from my standpoint, i don't i didn't go in with high expectations but you may come out with something very exceptional but the proliferation is a tremendous -- to me it's the biggest problem in the world, nuclear weapons, biggest problem in the world. i understand nuclear. look up dr. john trumpet, mit,
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he was my uncle, many years a pronegative, i used to talk nuclear with him, this was many years ago. it is it was biggest problem in my opinion this world has, nuclear weapons. if we can do something to substantially reduce them, ideally get rid of them. maybe that's a dream, certainly a subject i will be bringing up with him. it is also very expensive thing but that's the least important. so if we can do something. but i didn't go -- i was telling the prime minister before, i didn't go in with high expectations. we have, we do have a political problem where you know, in the united states, we have this stupid going on, pure stupidity, but makes it hard to do something with russia. anything you do, oh, russia, he loves russia. i love the united states but i love getting along with russia and china and other countries and, it will certainly be jeff,
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something that we bring up and talk about. i think to me it's such a big problem. syria, of course i will bring that up, i will bring up ukraine. i will bring up other subjects also. >> in terms of syria, what exactly you would like to hear from him? >> that was another one. the red line in the sand was a problem for us. i think you might be in a different. reporter: what would you like president putin to do now under your watch, sir? >> i'll tell you what i will do, i will talk to him about that before i talk to you. if something happens it will be great. if it doesn't happen -- i'm not going in with high expectations but we may come out with some very surprising things but relationship is very important and having relationship with russia and other countries, as i said, a number of times, is, i've been saying, actually, for years, i've been certainly saying it during my campaign, having relationships with other countries is really a good thing. i think, i can't really
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overestimate how big the meeting was yesterday with nato. we went with something that really was an unfair situation to something that is unified. i mean they had spirit. those people were getting up and, near the end, well we are committing -- they can't -- it's not like they can go immediately back, they have to go through their parliaments and their congresses and their representatives, whatever form they have, but they have to go through an approval process but i'll tell you what, every single person in that room was gung-ho to get it done, get the money in and even before that as you know, 34 billion, i think the secretary-general stoltenberg, who is doing a terrific job by the way, he said yesterday because of president trump, we've taken in $34 billion more for nato. i think the number is actually much higher than that $34 billion more at least. again, that is nothing that my opponent would have done. my opponent, it would have just
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kept going down. it was going down. you see what was happening over the years, the numbers were going down. now the number is way up, going higher. that was, he will tell you that was because of me. [shouting questions] reporter: prime minister may, the president during his time in brussels expressed concern about a pipeline between russia and germany. do you share those concerns? to follow-up on some of the questioning from my colleagues in the british press and on the american side, did you feel undermined by president trump's comments in "the sun" about the "brexit" plan and boris johnson? >> i'm very clear that our "brexit" plan will deliver what the british people voted for of the we had excellent discussion, and as president trump said about the possibility, the incent we both have to have ambitious trade deal going forward and i think that is exactly where we'll be going. that is very important for both
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of our countries actually. we stand, we have stood shoulder to shoulder with the united states in some different ways over the years as a result of our special relationship. and we will show that even further through the trade arrangements that we will put in place in the future. >> just to finish off, jeff, i have to say, i said to the paper "the sun." seemed like very two nice people but i said the theresa may is, one of them -- >> one of them is sitting here. >> where is that person? did i say nice things about theresa may please. that's good. you reported them where? on internet? i said very good things. thank you very much for saying that. i said very good things about her. i didn't think they put it in. they didn't put that in the headline. i wish they put that in the headline. that is one of those things. she is total professional. i want to apologize because i
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said such good things about you. she said don't worry, it is only the press. i thought that was very professional. i might add -- don't worry. they have been doing it to me, i do it to them. i do say though, the pipeline, you asked about the pipeline. to me, it is a tragedy, i think it is a horrific thing that's being done where you're feeding billions and billions of dollars from germany primary, and other countries, primarily from germany into the covers of russia when we're trying to do something so that we have peace in the world. i think it is a horrible thing that germany is doing. i think it is a horrible mistake. and as much as i like angela, i was open saying it. i think it's a horrible thing that you have a pipeline coming from russia and i believe germany will be getting 50, 60, i heard something numbers of 70%
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of their energy coming from russia. how can you be working for peace and working from strength when somebody has that kind of power over your country? i don't think it's good. you're not working from strength. you have given up all of your strength. i think very bad for germany. very bad for the german people. i don't think it is very good for nato, you want to know the truth. okay? [shouting questions] >> just, we said we would take four questions each. we've taken four questions each. just on the pipeline issue on the north sea, we're talking to germans about this, talking to other countries within the european union about this, while we continue to sit around the eu table, this will be something discussed at european union table. obviously make our views known there. mr. president, thank you. reporter: can you say your views with us, your position? >> we have been discussing this with germany. the president made clear his concerns what is happening. angela merkel made her position clear. within the european union there
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were discussions to be held on this issue of north stream ii. we're talking to other countries within the european union and i think the president said earlier in response to a question about future meeting he was going to have, did he tell you what was happening after that meeting? and, we, you will see what comes out from the european union. we remember it is eu, we are still until 29th of march, 2019. then we're leaving. >> thank you very much. >> thank you. stuart: let me update you what was surely one of the most momentous, entertaining of presidential press conferences ever. issue one, trade, prime minister may said we'll pursue a ambitious deal on trade with america after we leave the european union. president trump backed that up, said we're pursuing fair and reciprocal trade, whatever you do after "brexit," i will not tell you what to do. but we'll be open to a trade deal after you get out of europe. issue number two, immigration,
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president trump said very tough for europe, very much hurt germany. he said watch out, everybody, because of immigration coming into europe. issue number three, the press, the media, president trump just dissed them big time. he said, took a question from nbc. possibly worse than cnn he said. reuters, he said, take your hat off. he said, cnn, i don't take questions from fake news organizations and he didn't, no matter what cnn was trying to do. last one, on relationship with president, with the prime minister theresa may, he said prime minister may is doing fantastic job. she is tough, she is smart, she is capable. we have the highest order of special relationship with the united kingdom. that was president trump about the brits. what else? what did i miss? ashley: suely entertaining, classic donald trump. theresa may came into this weak.
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two high-profile resignations from the her government. interview where donald trump gave to "the sun." highest selling newspaper. she may be quite injured. she bounced back. donald trump at the end saying i apologized to her. she shade forget about it, just the press. which is very good of her. certainly the special relationship, i thought it would be especially awkward but i think there is genuine good feelings between these two leaders. donald trump was classic donald trump. stuart: it was remarkable performance. ashley: yes. stuart: we were saying amongst ourselves as we were watching this, compare it to presidential press conference when president obama was in the white house. there is, like day and night. complete difference. this was entertaining. went straight to the point. significant things were said. short, sharp, to the point. remarkable performance by both prime minister may and by our own president trump.
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this press conference wrapped up just a couple minutes ago. it didn't appear to have any impact on the market. ashley: no. stuart: we opened, we went up 40 points at opening bell. now we're down about 20. probably nothing to do with what was said at that press conference. general jack keane joins us now, retired four-star general. welcome to the program, general. i'm sure you were watching that, and i'm sure you picked up on what our president was saying about nuclear proliferation and his meeting with the russians. what did you take out of that? >> well, first i definitely agreed with the subjects he should bring up with putin and nuclear proliferation being near the top of it. what is actually happening, our viewers may not understand this, as a result of previous treaties between the united states and then the soviet union we got rid of our intermediate nuclear capability and putin is developing that capability again, against the designs of that treaty.
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so we have a major issue with him just on that alone. of course i think we have common ground with putin in terms of global nuclear proliferation which we see taking place in north key, which we see desire to take place in iran. i think these two powers have common ground here to insure that there are no other nations that acquire nuclear weapons. we have the capability to reduce our own arsenal of nuclear weapons itself. stuart: does it sound like a military deal of some kind is possible between president trump and vladmir putin? >> i don't think there is any deal will come out of these discussions. i think, this is mostly about relationship-building that could lead to something in the future. we at least put issues on the table, get a sense where differences are on those issues. i think that will be value in
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itself. you have got to understand, stuart, all the team around president trump are lowballing expectations about this upcoming summit. they will likely say something to the effect, we had a very good meeting and we're developing very good relationship between ourselves. something to that effect. for him that is a good start. that is the kind ever transactional person he wants to be based on relationships. stuart: sounds like something similar, he walked away from the nato summit. basically claims victory because our nato partners are going to push in a great deal more money very quickly. i think the president is saying, that's a win versus nato. >> what the president's critics fail to see, by the president being critical of nato members, not filling up their covers to the expectations they already agreed to, he is strengthening nato. this is, what putin is paying attention to, is this will translate into more military
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capability. i'll tell you what, there is so much more that we got to do, i wish the president would talk about it. we need to have deterrents, military deterrents in eastern europe to stop putin's adventurism and his desire to begin to influence and control those countries, which he resents being under the nuclear banner to be sure. that is why he is putting all pressure there. this increased capacity will enable us to do that if political and moral will is there in nato. the president will have to lead them if we have more effective deterrents. stuart: general, you're a military guy, looking at that press conference, looking at our president, do you approve of his style, his entertaining style, his personallability the way he seems to charm his audience, do you approve of that in an american president? >> what i respect about president trump when he is dealing with issues is his transparency, his directness.
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his honesty. he speaks his mind. even at times he may be off because he hasn't remembered exactly what that is, what that issue is, or maybe he hasn't even been briefed on it. he just gives you naked thought about it, later on somebody may have to police that up but that is not a big deal. the most important thing i think, largely why he is president of the united states, is he takes an issue, looks at it squarely and talks directly about what that issue is and what we should do about it, and finds his own words to do that, not somebody else's. stuart: well-said. general keane, always a pleasure. see you again soon. >> thank you, stuart. stuart: come on steve hilton. we need another british accent. we're short staffed on brits on the show. good to see you, steve. >> good to see you, stuart. stuart: what is the most important thing that came out of that press conference? >> first of all i just totally
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agree with you about the transparency with general keen, it is going to be very difficult to go back to traditional type of politician who reads out talking points and prepared statement after brilliant performance like that. stuart: exactly. >> secondly i thought it really showed something very, have he important about president trump. he does develop these strong, personal relationships. you can really see that with him and theresa may. that is how he does business. that is why he makes things happen other leaders don't. on "brexit," it is really important to get into the details there actually the president was right about "brexit." theresa may is having a tough time selling her "brexit" deal because all the things she said there, it does enautomobile britain to do a trade deal with the u.s. european law isn't supreme in the uk as it used to be, migration can be controlled, there are serious expert voices in the uk say that is not true.
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plus this is the opening bid of a negotiation with the eu. so while she stands there and says we can do a great trade deal with the u.s., that is not necessarily true. one final thing i would say, there was a huge tease in the press conference, we kept hearing about the president's suggestions to theresa may about how to handle -- stuart: he wouldn't say it. >> exactly. we never heard exactly what it was. i this we're all dying to know exactly what he suggested. stuart: the president said his suggestion to theresa may was too brutal to be revealed. heaven knows what that suggestion was. nobody would say what it is. what about the protests, steve? i believe that that insulting balloon lasted only two hours. they have now deflated it. but i do hear there are significant demonstrations going on in london right now. what do you make of it? >> i think it is really important for american viewers to understand that this is just the usual suspects. it is the same old angry, noisy
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left that go and protest about anything. right now the way of signaling their virtue, of showing what good moral people they are, is to protest about donald trump. they're not interested in, even aware of the substance of what donald trump is actually doing. the fact that his policies are helping working americans, helping to lift the economy, helping to raise living standards, all things you would think they would support. they're not interested in that. they want to show they're good moral people because they're taking a stand against donald trump. it is really not to be taken seriously. stuart: last one, 30 seconds, steve, seemed like president trump was resurrecting premiership of theresa may. he was backing her really fully there, having dissed her in "the sun" earlier. >> example of how personal chemistry is how he operates.
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he struck up a warm relationship with her, which he hasn't seemingly with angela merkel. you're quite right. he really boosted her today. that is something that none of us expected. stuart: we did not. a lot of things we were not expecting that came our way. i love to hear the brutal suggestion getting out of europe. steve, thanks for joining us. we will see you fenn -- again soon. let me turn to the market. we have not done much about the market past 54 minutes. ashley: the market has not done much. >> that's true. we're down to 24,900 to be precise. all the way through the press conference, jack ablin is sitting next to me, patiently waiting to speak about money. i was amused. i thought it was fantastic. stuart: it was most entertaining news conference i've seen by a president for a long, long time. >> you're right. going into today i thought theresa may had one-two pickup of resignations plus the
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article. he ended upturning around her stature. we got great news from jpmorgan. stuart: banks are coming out. first to do earnings reports jpmorgan jpmorgan was good? wells fargo or citi? >> citi missed on revenue but beat on earnings. then, double-whammy against wells fargo. stuart: johnson & johnson, they took a hit with the lawsuit, they're way down this morning. that is dragging the dow down, because j&j a dow stock but overall -- >> overall underneath the surface, beyond the j&j news we have good news on equities all around. stuart: okay. >> good earnings coming insofar. only 10% of companies reported so far. we have over 20% year-over-year growth. stuart: terrific. >> investors are skeptical. stuart: for second quarter in a row you have 20% gains in profits or better. that is remarkable.
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>> i will call this the stealth correction. this is, if you think about it, we're up 20% in earnings. we're up 3% or so in the s&p. and so troops what we'll do is end up the year mid single digits. if we can get a 20 to 22% earnings growth in the meantime, that tends to close in fundamentals to -- stuart: you take it. ashley: blowout numbers in the first quarter didn't really move the market this much so what will happen if we continue these blowout numbers? >> investors are pretty skeptical. we know 20% growth isn't sustainable from quarter to quarter to quarter. so i think investor looking to say, this is great. we'll take it. ashley: right. >> we don't think this will last. we'll not pay for it over the next four quarters. stuart: looking at banks on the screen, major banks, all of them down significantly. wells fargo is down 4%, they turned in a poor earnings report
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this morning. show me please amazon and facebook? can we see that for benefit of our viewers? i think we're seeing amazon above 1800 -- not quite. we're at 1798. earlier we had broken above $1800 a share. microsoft at 104. alphabet at 1196. apple going strong at 191. what am i missing? kristina partsinevelos is with us. that is what i'm missing. very sorry about that, kristina. >> the fact banks are down, but tech they have been going strong for quite some time. stuart: sure. i. >> i believe there is lot of up side. didn't have a lot time to talk about apple and artificial intelligence, a potential for tech companies. why driving a lot of markets forward. we'll touch on specifics like netflix and --
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stuart: there is the president trump taking off from checkers. buckinghamshire we say in america and england. tea for the queen. show me netflix if you can. what is the news? >> they had 112 emmy nomination awards. that is huge. this is something they can use to gain more subscribers. this is stamp of approval. got all the emmy nominations. stuart: why down 15 bucks, why? i don't get it. >> netflix could spend a lot more money, 12 or 13 billion on content. seeing expenses bo higher. that is contributing factor. 112 nominations and new content,
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almost every single day there is a new show. you have to spend the money. stuart: i do have to ask jack about the big techs. are you still in there? are they going higher still? >> many respects it is defensive play. netflix will continue to make money whether we have trade wars, whether we have insult our foreign leaders, it doesn't really matter. so in many respects, amazons, netflix, googles will continue to make money. that is probably a good place to be. >> saturation? there is too much to watch at this point. we know disney, everybody, disney has hulu. there is so much content. how can you continuously gain sub is scribers when everybody is launching these amazing shows? >> i think the connection that, between content creators and the subscriber is now much closer. so you have disintermediated all of these middle pieces, disney
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of the world and others, i think netflix has it right. stuart: thank you very much, jack. you sat with us valiantly all this time. kristina, thanks for being with us. >> last five minutes. stuart: get you more on, that is absolute promise. almost 10:00 eastern time. here we go. clearly live action live action presidency and we are following it step-by-step. is he shaking things up or what? here is what he said during an informative and i think entertaining news conference with theresa may. what he wants to do with brexit is fine with him, he gave teresa may a vote of confidence, he is open to a trade deal with the uk when the brits get out of europe. the gas pipeline deal with russia, he calls it a horrible mistake, a pipeline that will supply 40%, 50%, 60% of
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germany's energy and it will come from the russians and the germans will pay billions forward, the president thinks that is horrible. he says nuclear proliferation will be discussed with f and for whom he holds the summit monday. the president called out fake news on his interview in the sun and the headlines coming out of his nato summit. it is a live-action stock market as well, no seriously big moves that the big banks telling us how much money they have been making, they have been making a lot but not all of them, wells fargo in particular falling short, down 4%. the big techs keep on going up. earlier today amazon crossed $1800 per share, facebook is at $2.06, well above $200 a share. shortly, we have already seen him take off, donald trump meets the queen. the hate trump demonstrators taking over the streets of london, i have not seen huge
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crowds but they did deflate the baby trump balloon. apparently got permit to inflated for 2 hours, 2 hours were up. politics and money, that is what we do. you get a lot of it as the second hour of "varney and company" continues. ♪ >> didn't criticize the prime minister. i have a lot of respect for the prime minister. unfortunately there is a story which was done which was generally fine but didn't put in what i said about the prime minister and i said tremendous things, we tend to record stories now so we have it for your enjoyment. it is called fake news. stuart: he said it more than once, the president calling out
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the media during that press conference he delivered earlier today with prime minister teresa may. you think he has a point? ashley: he does. take a look at msnbc. as we were watching this we saw the networks, everyone had the fool screen of donald trump and teresa may talking and msnbc just wanted to make sure you were aware, shocked of the protests going on in london at the same time the president is speaking. you can do that if you want, a very clear indication everybody hates trump and look at people demonstrating. stuart: you don't do that, put other things on the screen. we put on the dow industrials and that is germane to the nature of our programming. they were mixing the protest with the president quite
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deliberately making a point. i want to get more on the protests, blake berman in london close to parliament. what is going on blake? >> pretty civil actually. there are definitely protesters, demonstrators but it is not openly hostile is one way to put it. westminster abbey, in the park here, and an organized demonstration, big-screen up there, the microphones, easily hundreds if not thousands of people, i am not good at deafening, don't what to put a number on it but walk with me for a second. they got this place fairly guarded, fairly locked down. this is parliament, they are organizing in front of the government. you have been talking about the balloon which is getting a lot of coverage. there is the balloon. it is not flattering of the president.
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it is a balloon of the president, not much more than that but look around, a lot of people here do not like donald trump. that much is clear. we will not zoom in on the signs, but it gives you a feel in the middle of the streets of london, 10 downing is a few minutes to the left so this is the flare, the feeling we have amid the protesters. stuart: right in the middle of it. blake berman very close to parliament. i didn't see that many people. we were told there were 1 million people. ashley: you go straight up whitehall, 10 downing st. that is a meeting point. there may be many more there. stuart: maybe, 75,000, we haven't seen it yet, they were talking about 1 million. i wonder how donald trump really is rated by people outside of london.
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ashley: are quite highly. stuart: northwest central england, they like the guy. here is what donald trump said about his upcoming meeting wou would be third, it would be a tremendous achievement to do something on nuclear proliferation. we went joining us national security and foreign policy analyst james care of otto. the pres. talking about his meeting with vladimir putin heavily involved in nuclear proliferation. i wasn't expecting that. where you? >> the president said in his press conference he was going to talk about strategic issues
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with vladimir putin. no one has a problem, not much else to talk about but key issues on the table, what is the new strategic arms treaty, which is running out of the russians who like to keep the treaty going because it is in their benefit, some on the us side would like us to renegotiate it is the other one is the intermediate-range nuclear forces treaty where the russians cheat all the time. our side would like to say stop cheating and i think we all watch missile defense. we have done a lot to build a missile defense, we would not want to see the president say let's come to deal on that. stuart: the president was asked could he get the russians out of crimea? his response was i don't think vladimir putin would have done that if i was president, it was an obama disaster. what do you make of that?
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>> factual statement. the reality is vladimir putin thought the west would blink, after the olympics he went to crimea because he thought it would be a cheap and easy win. we didn't run back and hide, we supported them. crimea is tough now because the russians are there but to this pres.'s credit, ukraine and georgia, this president has been more forward leaning in supporting those countries and giving them arms to defend themselves and cowing the russians in the baltic sites, ukraine and georgia on most of the big flash points. stuart: could i say hard-line trump works overseas on this trip? >> absolutely. trump is like the spice girls, everybody picks the girl they want, the critics like scary spices but the reality is a lot
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of europeans look at this is to thumbs up. stuart: the president does watch this program occasionally and i wonder what he thinks of comparison to the spice girls but that is a separate story, thanks for joining us, see you again soon. to the market now, look at the big board, just turned negative, go nowhere friday morning but big tech, we say this, i have said this every day for two years, it goes on and on, facebook is at $2.07, amazon is above $800 a share, alphabet just crossed $1200 a share, microsoft 104. our next guest says those names are relatively inexpensive. look at the guests is.
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keith himself, keith fitzgerald from the west coast, you say those technology companies are inexpensive. make your case. >> they are changing the world, changing the technology we use and growing by 80% in terms of users and the revenue base. of the stock market is a forward-looking opportunity that is compelling as compelling as it gets. the ratios are entirely out of line and customers going to these companies. stuart: that is a tough pill to swallow for our viewers. you are asking them to put money into and suggesting they should put money into stocks which have had an extraordinary run up already and you think they are going higher. pick out one or two of the big five, where would you put your money? >> amazon would be the first one. growing prime users, 80% growth in membership revenue being driven in cloud computing. i would look at microsoft shares and growing the user base and alphabet.
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there you have 11 businesses inside the company that are not recognized by the market and the market has not reflected stock price. stuart: you get the earnings reports from big-name technology companies, will we show 30% profit gains? >> my numbers may be higher. stuart: wait a minute, somebody was talking in my ear. you think profit gains can be better than 20% or 30%? >> look at the forward-looking components of this? where would you find that kind of sales growth and profit growth and game changing technology. it is all gravitating to this. would you like to have facebook at 100, apple? any of these stocks? common characteristic stocks going to new highs and in the rearview mirror these stocks you will kick yourself if you
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don't own. stuart: thanks for joining us. one hour and 10 minutes into our program we still haven't dealt with peter strzok, he faced of questions including one from louis goehmert who asked about his affair. does he think that was out of line? obviously not because he asked the question. we will have louis on the show to justify it. with president spoke about immigration. a new fox poll shows only 43% of people in america approve of him immigration policy. aborted for union president with us later this hour. hillary clinton setting up another presidential run, speaking to two union conferences, headlining it actually. tammy bruce, you are watching
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the second hour of "varney and company".
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stuart: we have turned slightly positive, up 23 points, 24,948. they kicked off the whole earnings season for the big-name corporations before "the opening bell," we got reports from morgan city, overall they were good and strong. ashley: jpmorgan beat its revenue and wells fargo below expectations. stuart: a good way to start off earnings reporting, profit reporting, we get a lot of this the next few weeks, we started this morning not bad.
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ashley: expectations high, 20% year-over-year up. stuart: susan we on the floor of the stock exchange with you have a tesla story for us, tax breaks going away. stuart: it is have it again until it is phased out, tesla delivered its 200,000 electric car in the us and according to rule changes being amended by congress once you hit 200,000 the consumer tax credit gets phased out and it is a time for tesla reflected in the stock. they hit the 5000 target model 3 and they are expecting the tax credit for the 450 and looking at other cars like audi, mercedes-benz, introducing electric cars and they get the tax credits facing competition. stuart: we were sitting on the
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set in new york on the exchange. and a very entertaining press conference with donald trump and teresa may. whatever came out of the press conference, no impact on the market. stuart: traders not remarking to it, it is very entertaining, it is nothing at all that made them pull the trade of any sort. stuart: we have peter strzok testifying about his anti-trump texts and he faced tough questions including one from louis goehmert, asked about strzok's affair. we will ask was that a fair question or was it out of line? we will play you the question and get him to react more after this. ♪
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stuart: if you are watching this program you know that peter strzok testified before congress to listen to some fireworks between congressman louis goehmert and peter strzok. >> i talked to fbi agents around the country, you have embarrassed them, you embarrassed yourself and i can't help but wonder when i see you looking there with a little smirk how many times did you look so innocent into your wife's i and lied to her about -- >> mr. chairman, it is outrageous. >> mr. chairman, please.
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>> the intolerable harassment of the witness. >> i have always told the truth. the fact that you would accuse me otherwise, the fact that you would question whether or not that was the sort of look i would engage within a family member who iconology hurting, goes more to a discussion about your character and what you stand for and what is going on inside you. >> your credibility. >> lost your credibility. stuart: joining us now congressman louis goehmert, republican from texas. a lot of people are saying you went too far, went into his personal life, kicked him when he was down. your response. >> credibility is always material and always relevant even in a court of law where we are careful what we allow jurors to hear the relevant is
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not the infidelity, the relevance is the material lighting and there was no bigger lie told in that whole hearing than peter strzok say i have always told the truth. garbage. my regret is people focus on what a liar he was and my calling him out for serial lying but the big story is the 30,000 emails that went through the hillary clinton unsecured private server the intelligence community inspector general and his investigator found had an anomaly, instructions on every email that came in or went out to go to a different address that belonged to a foreign entity that was not russia. the fact that little weasel would sit there and say i remember frank talking to me a couple times and he doesn't
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admit remembering hearing that our security is at risk with 30,000 emails going to a foreign hostile power and he did nothing about it. you talk about bias affecting his work, that if your evidence of exactly that. it was all material and all relevant. stuart: strzok's lover and former fbi agent lisa a page testified behind closed doors this afternoon, you are going to be in the room. don't know if you're in a position to ask questions or not but you will be in the room with her. will you ask her a similar personal question that you asked peter strzok? >> i don't have any reason to ask that right now because i don't see evidence yet of her lying to the extent that peter strzok did repeatedly. so until the credibility is an issue that is not relevant.
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fidelity is important when it comes to security clearances but on the issue of testimony that is not the most relevant. stuart: what will you ask her? i am an old time trial lawyer before i was a judge in chief justice and never telegraphed the questions you're going to ask but thanks for asking. stuart: not going to get much further. behind closed doors today, is there a possibility at some point in the future she will be in front of the cameras like peter strzok was yesterday? >> i would hope so and it largely depends on what she said. if she comes in contrite and obvious she is telling the truth and there is not much to get then that is one thing but if she comes in with that smug smirk, lying all the way through the testimony then we need to get her out where people can see what a liar she
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is. stuart: a hard break coming up but thanks for being with us, thank you. check this out, these are the protests going on right now in london. that is regent street very close to trafalgar square, a lot of people out there today. we showed you from closer to parliament not many people. we will be back.
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stuart: they played it for me. take a look at you. what a song. this is 50 years old would imagine coming out with something like this and it still sounds new.
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what a band. check the big board blues not a huge move for the dow industrials but up 28 points, 24,00953. big tech is where the action is. facebook, amazon, apple, alphabet, microsoft, all of them up. amazon above $1800 per share. we got some visuals of the protests in london. they hate donald trump and are showing it. however it occurs to me the usual suspects on the left. ashley: london is the protest capital of the world, holds the record for the most in one day, 37 and the same old ground, they just change the signs. lo
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the rest of the country. stuart: tammy bruce sitting next to me, those protesters in london it done by the mayor of london. >> great point. like new york having a protest can you can't gauge what is going on in the rest of the country-based on that activity. at the same time you are looking at an attitude of a failing left. they know they are at the end and are upset about that. i'm a big fan of protests, fascinating television but that is how they misjudged brexit. all the experts were like that is going to fail, they were stopped. they get stuck in their bubble, don't know what else is going on and that is why they are failing around the world. stuart: stuck in their bubble, their should be a banner, stuck in their bubble, northern action. by the way the president this morning at the press conference had something to say about
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immigration referring to germany, immigration, open borders, very much hurt germany and fed the europeans in general watch yourselves. in america we have got democrats pushing for a move in the house to abolish ice, problem is democrats in the house are not going to vote for it. >> you heard the mall call for this. the reaction in america is was? we don't want that, this shows americans are against that but pushing it anyway strangely just to raise money or have another argument but now that they actually put a bill up and bluff is being called, if you actually put this up for a vote we will vote no. they -- almost like a façade of action but when it comes down to it they can't even stand up for what they say they care about. this is why the average grassroots liberal is lost with
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this kind of dynamic. i have been arguing the divide we are supposed to be having doesn't even really exists. falsely portrayed that americans are at each other's throats when maybe it has been just a charade from the beginning. the refusal to vote for their own bill shows you the fraud being perpetrated against -- ashley: social media is responsible for amplifying a divide that may not be there. stuart: i have got to ask about hillary clinton. she's addressing the teachers conference this afternoon, teachers union conference. that is what you do when you are running. is she running? >> a lot of people would hope she is running. i don't think she has it in her but maybe she imagines herself being a king or queen maker, still she is not really interested in the presidency.
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she remains interested only in herself and the argument she was personally wronged. also elizabeth warren and bernie sanders, this is a union affected by the supreme court decision that tells union members you can't be forced anymore to opt in. you can't be forced to give dues to a union. this is going to crush unions with all the unions are upset about it but why would you need to be able to survive by forcing people to support you. persuade them, give people something they feel they want to be part of. the teachers union feels they are going to be unable to do that, they supported hillary in 2016, that did not necessarily help and this old guard coming together, trying to find a way to survive, the only ways to become relevant and hillary has a problem with that and so does the teachers union. stuart: i hope i never cross
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you. >> how the union members respond and how the american people responded to hillary. the fact of the matter this could be good for them if they really wanted to say what have we done wrong, what can we do to bring people back to us and we need better test scores, people graduating at a better rate, we need them to do their job and most teachers are going to agree with that by not opting into a union. stuart: stuck in a leftist bubble. with a british northern accent, thank you very much. our next guest said donald trump to the right thing with nato and about nato insisting that our nato allies pay more for their own defense. listen to what the president said last hour. stuart: >> such dishonest reporting, happens to be nbc which is possibly worse than cnn possibly.
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let me explain something. we have left nato with more money, more unity, more spirit than nato probably has ever had. stuart: how about that you i do apologize for stumbling all of your name, the national interests. nato is obsolete, delivering that message loud and clear. is he doing the right thing. >> the first thing i would say is go back to december 25, 1991, that was the mission of nato to defend western europe about the hoed of soviet tanks the cold war is over, nato rebooted a lot of ways, taking on tariffs helping us after
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9/11 and still definitely a relevant organization, nato can defend itself from russia. the economy is weakened by sanctions but the collective power of europe, more than a match for vladimir putin. it is very important. stuart: what about the pipeline that will bring natural gas from russia to germany and 70% of germany's energy needs. the president called that a horrible thing that undermines nato. >> our european friends have a lot of dependency from russia. this is where america can help. we are swimming and natural gas. we need to work with our natural gas partners and try to find ways to increase production to get that to our
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european allies. stuart: in poland they are building terminals to accept liquefied natural gas tankers from the united states, they are trying to do that. we would never hold gas over european allies like the russians would. the ukraine and the baltics, we can't have that to our allies, if economies trash, afford natural resources, a huge undermining problem. stuart: sound like esther trump has a win on nato. we will see you again soon. protests in london, we will see what nigel farage who is behind the original brexit, he is on the show next hour. congressman proposing a bill that would make crossing the border illegal, if you cross illegally it is a felony. border patrol union president
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brandon judd tells us it would be a determined. more varney after this. ♪ in-laws were coming, a little bit of water, it really- it rocked our world. i had no idea the amount of damage that water could do. we called usaa. and they greeted me as they always do. sergeant baker, how are you? they were on it. it was unbelievable. having insurance is something everyone needs, but having usaa- now that's a privilege. we're the baker's and we're usaa members for life. usaa. get your insurance quote today. my secret visitors. appearing next to me in plain sight. hallucinations and delusions. these are the unknown parts of living with parkinson's disease.
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what stories they tell. but for my ears only. what plots they unfold. but only in my mind. over 50% of people with parkinson's will experience hallucinations or delusions during the course of their disease. and these can worsen over time, making things even more challenging. but there are advances that have led to treatment options that can help. if someone you love has parkinson's and is experiencing hallucinations or delusions, talk to your parkinson's specialist. because there's more to parkinson's. my visitors should be the ones i want to see. learn more at moretoparkinsons.com ashley: thousands are protesting the pres.'s visit to the uk but steve hilton told us
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don't be fooled, just the same old crowd. >> this is the usual suspects, the same old angry noisy left that protest about anything and signaling their virtue, showing what good moral people they are is to protest about donald trump. they are not interested in or know where of the substance of what donald trump is actually doing. the fact that his policies are helping working americans, hoping to lift the economy, helping to raise living standards, all the things you think they would support, they want to show they are good moral people because they are taking a stand against donald trump. it is not to be taken seriously. p you both comfortab. and snoring? how smart is that? smarter sleep. to help you lose your dad bod,
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stuart: moving up a little, 60 points tire for the dow, 25,000. listen to what donald trump said about immigration in his news conference with theresa may earlier this morning. >> we have laws that are so bad i don't call them laws. i call them you walk across the border, you put 1 foot on the land and you are tied up in a lawsuit for 5 years, the craziest thing anyone has ever seen. stuart: we need some comment on that, brandon judd, active border patrol agent and border
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patrol union president. the president said you walk across the border, step 1 foot in and you are there for five years with a lawsuit. >> he is talking consequences and absolutely correct, crime is based on risk reward. they are going to look at the risk and the reward for breaking the laws and right now breaking the laws, very little risk to it but the profits for the criminal cartels are out of the roof, multibillion-dollar industry. they will look at this and he is absolutely correct. stuart: last time you were on the show, use it almost all of those people arriving at the border have been sponsored by, or paid smugglers to get them to the border. is that accurate or most of them? >> all of them. you don't get illegal border
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crossings unless criminal cartels allow the crossings to take place. otherwise they would be going to ports of entry. that is a legal process. you can go to a port of entry and ask for asylum and do it legally. these people are crossing the border illegally because they put their health selves in hands of smugglers because that is what they are being sold in countries of origin. these smuggling organizations are going to countries of origin saying you pay x number of dollars we will get to the united states border, we will get you across the board and you will be allowed in the country and that is the product they are selling. stuart: never read that in the new york times. diane black proposing a bill that would make it a felony to cross the border illegally. would that deter people? >> it would deter them. april 2017, we had 45 year lows, that is what people thought would happen, consequence would be applied to the laws but because consequences weren't applied like people thought would
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happen illegal border crossings surged to obama level numbers. stuart: the circles back to with the present said, 1 foot in and you are in and it will take five years of lawsuits to get you out of deal with you. diane black says set foot in america and that is a felony and you are rested or something. >> you are rested right now but charged with a misdemeanor crime. if you are rested for a felony it is more difficult to be bonded out and released like what is happening now. let's be clear. when people get released into the country they expect to show up for their court dates at a later time which normally is two years. 83% of the people that violate our laws, come across the border illegally and subsequently released never show up to court and become illegal again and those are the people hiding in the shadows of
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society as pres. obama coined the term and that is the problem we face and it will continue to be a problem until we take the proper steps to get a hold of this issue. stuart: always a pleasure, thanks for being with us, appreciate it. fireworks on capitol hill when trump hating fbi agent peter strzok took the stand, republicans grilled him about anti-trump text messages which he sent to his fbi lover. did they lay a glove on strzok? we will discuss that in a moment. ♪ ♪ you shouldn't be rushed into booking a hotel. with expedia's add-on advantage,
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stuart: second ago the dow crossed 25,000, came back a little bit, we are 25,994 but we are 995, real close to 25,000 and crossed it momentarily. if someone would just buy something in the next 10 seconds i could look good and it will hit 25,000. by something. 24,000997. i tried. anti-trump fbi staffer peter
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strzok was grilled on capitol hill yesterday. i want to show you some of the fireworks. >> not once in my 26 years of defending our nation did my personal opinions impact any official action i took. >> if we were to ask a question of a witness about a military secret, if we were to ask how does the h-bomb work? >> bob mueller did not kick you off because of the content of your text but the appearance he was worried about. >> there is no reason for this hearing at all but puts it on the front page again and again and again and as you said earlier the russians are loving it because this is what they want. stuart: suggested to mr. strzok get the purple heart. former attorney fbi assistant dir. chris sweater is with us. welcome to the show. the republicans were trying to say you got your personal opinions and they bled over into your professional work.
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brexit knighted again and again. did the republicans lay a glove on him? >> that was not a congressional hearing, that was a barroom brawl and i think the republicans made an error in giving strzok a platform to deny and make self-serving statements over and over and over again. there was never an opportunity to dig up new facts which is what a congressional hearing not to do. fbi attorneys were sitting behind him restricting his testimony. anytime they got to anything substantive he could hide behind the fbi. the republicans did not hurt him, he hurt himself with his demeanor. stuart: did he defend his position in an acceptable way? if i am a viewer watching the hearings and not for one side or the other but right down the middle and just want to find out what happens, did i find
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out strzok did not let his personal opinion bleed over th inner circle of jim comey because a common characteristic between comey, mccabe and strzok, that inner circle, and anyone who knows how these hearings go should have known he wasn't going to give substantive information. eighth public flogging that was misdirected but did reveal the true measure of peter strzok. stuart: what is the morale in
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the fbi right now? >> what they resent is strzok hiding behind the fbi. he has damaged their reputation and they have discussed that the rank and file of the fbi are disgusted with him. and wish he would just go away. stuart: i am jammed with news. i wanted to get this in. soccer star christiana rinaldo leading madrid -- what will fiat employees do? strike? ashley: it is owned by the same family in italy -- and this will guarantee the future of thousands of people, it is
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unacceptable. and making economic sacrifices, millions of euros are spent, $130 million to rinaldo. to madrid. stuart: he has a contract and if you break the contract you pay $100 million. and they pay $100 million plus what they got to pay. and the companies run by the same family, they will go on strike saturday, sunday, for a couple days, 6 other factories won't go on strike, more symbolic than anything. stuart: this, our way, you and i getting the world cup in.
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ashley: we don't talk about the world cup anymore. stuart: are you going to watch the game? england plays belgium for third place? ashley: know, a waste of time, neither team wants to be there. it should just be about who wins. stuart: are you going to watch sunday? ashley: absolutely. stuart: i am cheering for croatia. and you? ashley: absolutely. stuart: we did cross 25,000, we crossed it briefly, down a bit but up 71 points. coming up demonstrations in london. do the people out there on the streets accurately represent the views of the entire british people? i asked nigel farage in the next hour. ♪
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stuart: 11:00 on the east coast. 8:00 a.m. in california. we have a lot happening today. first off, president trump continues to shake things up in europe. he is in britain right now. any moment he is going to head to windsor castle where he has tea with the queen. we're on that one. earlier this morning, he held a joint news conference with prime minister theresa may. the president denying that he criticized her, saying he has a lot of respect for her. the president also says that the relationship between america and britain has never been stronger. as for "brexit," he said, whatever you do, he talked to theresa may, that is okay with me but a "brexit" deal must be done, and done completely. you got to get out of europe before you do any trade deal with us in america. anti-trump protests continue in london.
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thousands on the streets. the offensive balloon was flying earlier. the president, he slammed the mayor of london, sadiq kahn is doing a terrible job on terrorism. get to your money. it is doing well this morning again. dow crossed 25,000. first time we've seen that since june 18th. it is at 25,003 right now. you're making more money. record highs. amazon crossed 1hundred. now look, 1808. facebook rolling along at 207, both of those at record highs. same story with microsoft. very close to 105. alphabet, $1207 per share. with all those tech stocks, we have another all-time record high for the nasdaq. i get it up there i promise, any moment now? we're up this morning. got it. banks, they kicked off the
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profit reporting season. wells fargo, citigroup, both those stocks are down on their earnings reports. pnc financial is down as well. kind of a mixed bag. jpmorgan is strong earnings report. that stock is up a little. that enough news for a summer friday? no. third hour of "varney & company" is about to begin. ♪ >> perhaps the uk has left the eu i don't know what they're going to do, whatever you do is okay with me. that is your decision. fortunately we tend to record stories now, so we have it for your enjoyment if we like it. we record when we deal with reporters. it is fake news. you are changing culture. changing a the lo of things. changing security. look what is happening. look what is happening to different countries that never
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had difficulty, never had problems. i would say i give you are our relationship in terms of grade highest level of special. we start off with special. stuart: highest level of special. president trump speaking there with prime minister may earlier this morning. look who is here now. key guest, perfect timing. his name is nigel farage. he is fox news contributor and european parliament member no less. nigel, seemed to me like president trump was supportive of prime minister may. did he in fact kind of bail her out of a "brexit" problem? >> well, look, the "brexit" problem is all her making. that was a deal she did with her own cabinet last friday which millions of people in middle england regard as a betrayal. now he was very diplomatic with her, very nice to her. just as trump is when he is actually with people he is very charming but read carefully between the lines what he said at that press conference. he said the british people voted
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for independence and he's right, we did. it is question how you interpret that. what he said twice was whatever you do, just make sure you can do a trade deal with the united states of america. and the point really is, that mrs. may's accord, the chequers accord makes well ni-fh impossible to do a trade. when mrs. may announced we can do a trade deal trump sounded very unconvinced. make no mistake of this. american administration promise uk government prospect of a trade deal, yet the way she handles "brexit" makes it very difficult and i think there is considerable disenchantment in in washington with these. stuart: thousands and thousand of people are on the streets of
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the they don't like president trump. that is london. on the screens right now we have some of the demonstrators marching along there. now is that typical, is that representative of the whole country? i'm told it is not. what say you? no look these people out there demonstrating hate me even more than donald trump. i'm having to spend the whole day dodging them, all right? i had a lot of abuse thrown at me today. i'm being very careful where i go. cars with darkened windows, all rest of it. these are the same people protest against "brexit." same people that you know, any sort of rent a mob demonstration they're out there. they send to be very middle class, to have mommies, daddies quite considerably well off. very few of them work. they're at university. they are not representative of this country. it is true that donald trump does have a perception problem in this country. you know, he is brash
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new yorker. we're not used to that style. what is interesting, stuart, poll released ten minutes ago, 51% of people on sky data poll agree trump was right to speak out in the "the sun" newspaper about "brexit" deal. that tells you quite a lot. stuart: that is very telling indeed. >> indeed. stuart: maybe the british people were interested the way president trump came across in the press conference. he was commanding presence. he was entertaining, put down cnn something rotten, i'm not taking a question from you, fake news people. look, i have not lived in england, 40, 50 years. i would suspect that the british people like that kind of approach? >> yeah. i think, look, one thing they love here is a bit of humor, which sadly our current prime minister has very little of. they would have seen how actually charming he was one-on-one with the prime minister. again aside, they already see
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through the mainstream media. the other thunk i've been getting from people, i was out there supporting him during the campaign in '16, i was only person in the british isles supporting trump's campaign. people now say to me, nigel, i still find him a bit rich to take but i have to admit he is putting into practice the things he promised the american people. so there is, there is a change in how people see him. stuart: fascinating. nigel, i'm so glad you made it with darkened windows in cars to get to our studios. i'm glad you got that poll in, 51% like what he said, i think that is pretty good. >> so do i. stuart: cheers, mate. see you later. wait for it. listen to this. i've got breaking news for you from the fed, of all places. we hardly ever do that but now we will. jennifer schoenberger joins with us headlines from the fed. tell me. reporter: hi, stuart, good morning. you're talking about trade.
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the fed is out with the semiannual monetary report to congress. said officials are closely watching trade, international developments as they look to set interest rate policy. they see trade and political developments, ie italy abroad is posing a risk to growth. they say trade battles intensify. it could pose a risk to international financial markets and financial stability. one reason why the fed said it is pursuing gradual rate hikes, so it does see tax cuts and government spending helping to boost growth over next couple years. fed chair jerome powell will testify on this before congress next week. stuart? stuart: thank you very much, indeed. what i got out of that was, it is a gradual increase in interest rates from the federal reserve. ashley: yep. stuart: that's why perhaps the market is moving up. look at it now. we're getting 81 points at latest count. that puts us at 25,004. we have majority of the dow 30 stocks now on the up side.
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do look at nasdaq. home of a lot of technology companies big and small. another all-time high, fueled especially by the big tech names which are just powering ahead all over again. jonathan hoenig, fox news contributor, capitalist pig hedge fund manager. love that name. all right. now we heard from the banks earlier this morning, or at least some of them, they seem to me to be pointing towards a fairly strong earnings season. what say you? >> well, it is a bulker market. it is a you will about market evidenced by all-time highs in technology, so many leading stocks. but i have to say, even if we do get good earnings from the banks, time for caution from almost every investor. don't forget the economic news is good. this is the second longest bull market in history. those fangs, technology stocks, amazon, powering market forward.
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if they don't continue to lead i don't know what will. stuart: i own a thin sliver of microsoft. it has gone to $104.80 a share. if you're recommending caution, should i sell some of it? >> no. i always, as old saying goes, let the winners run. where i am more concerned, stuart, a recent study, "axios" this morning says a quarter of americans don't have an emergency fund. they don't have any emergency savings they could tap. no, don't want to sell winners. now is great opportunity, when the market is strong, when economy is strong, get your financial house in order. gets you better investor. market will correct. we'll see a five or 10% correction eventually. having powder dry. having savings makes you better investor short term and long term. stuart: i could get out some of my losers, but i could. >> that is the old saying.
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sell lososers. winners take care of themselves. this is vital advice for investstores long term. stuart: you do see eventually, not necessarily now, not necessarily end of the summer, eventually just a five to 10% correction? that ain't much, jonathan? >> no. it is really all up to washington. wells fargo had really interesting story, survey out, stuart, said the number one concern among investors right now is policy in washington. you've got every company, whether you do $1000 of business or billion dollars of business, now having to evaluate how this trade war, you can say it, this is a trade war, will evaluate their bottom line. if this continues to escalate, i don't see how this bull market can continue. stuart: we hear you. jonathan hoenig, thanks for being with us. hope you have a damn good weekend. >> thank you, forgive my language. check this out, chaos at build-a-bear workshops across the country. a big sale turns into a major
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safety hazard. customers getting angry about it. we have details about it. build-a-bear. who would have thought. president trump wants more work requirements with people on medicaid, food symptoms, other forms of welfare. the white house says it increases self-sufficiency, ends dependency on country. look at times square. friday the 13th of july, looking pretty good on sunny, mid-july day. ashley: friday the 13th soon ♪
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if these packs have the same number of bladder leak pads, i bet you think bigger is better. actually, it's bulkier. always discreet quickly turns liquid to gel, for drier protection that's a lot less bulky. always discreet. stuart: for the first time in eight years the number of people on food stamps dropped below 40 million. the fed says it is about 39 1/2 million enrolled in the program, lowest number in eight years. now this, the white house
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calling for more work requirements for people receiving food stamps, medicaid and other forms of welfare. if impose work requirements on people in need, many people say that, that's harsh. you shouldn't be doing it. what says horace cooper? >> actually the opposite. if you're able-bodied, be in the work place, being in the workforce, moving towards independence. our american people's generosity has always been predicated on helping people as they find themselves in trouble, to a point, where they can be independent. it is never been a promise of a lifetime of dependency. if you're able-bodied, even if you need assistance, you ought to be in the work place. that is almost axiomatic. stuart: would there be special treatment for people, single parents, at home, with a couple young children, for example with
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some special arrangement be made for people with special cases? >> so here's the thing. there have always been that, even in the 1994 welfare reform that the president clinton ultimately signed in 1996. what we saw was a boom in employment. what we saw was a large number of people who had had multiple generational experience of poverty move from dependence to independence. there's a role that grandma and grandpa wan play. there is a role employers can play providing day care. even some of our schools expanded kind of services they need. this isn't an issue of a mother trapped at home providing care with no options. what we're talking about are the large number of people who are sitting in this economy, not taking advantage of the extreme growth boost that we have not
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seen in my lifetime. this is greater than what we saw during the reagan administration in its first few years. this kind of change, this kind of change, we would be cruel if we told those who are needy and dependent, you can opt out of it. stuart: what about the other side of the coin? the far left is suggesting at the moment, suggesting, it had become a demand at some point, they're suggesting, something like a guaranteed basic income. or a universal income. x number of dollars to everybody, every adult in the country, 18 to 64, x number of dollars every month. give them money, not traditional welfare. what do you make of that? >> besides loony the first thing that i would say is, that we don't need to create dependency. what we need to do is say to people, your goal is not how much minimum you can get, but why can't we get you to aspire
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to a maximum? the public housing that we provided, the public health care, that we provided, the public food assistance that we provided, over 45 plus years has never been amazing. has never been remarkable. peace i -- basic income wouldn't be difference. it would operate as a magnet and trap more people. it is cruel to say to someone, you, your child, and your grand child are going to be stuck in this cycle of dependency and poverty. the basic minimum income idea, if it wasn't so loony the real cruelty behind it would be obvious. stuart: apart from which i always thought in america, if you want money, you work for it. but that is another story. horace cooper, you're all right. thanks for joining us. >> thank you. stuart: paper tickets, paper tickets, ordinary paper tickets
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could become a a thing of the past for baseball. they are testing alternatives, fingerprints and facial recognition. president trump soon heading to wind sore castle for -- windsor castle for tea with the queen. when you see the president move, you will see it on his program. look at the white house. the president will not get there until next week, after the putin summit. ♪ ♪ a hotel can make or break a trip. and at expedia, we don't think you should be rushed into booking one. that's why we created expedia's add-on advantage. now after booking your flight, you unlock discounts on select hotels right until the day you leave.
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stuart: i do not understand this, but ashley does. headline, major league baseball testing high-tech alternatives to paper tickets. have at it. ashley: i don't have a clue what you're talking about. this is about biometrics taking away the actual physical ticket. already major league baseball, nine teams in major league baseball use the same system as tsa at airport, go through security. facial recognition, eyeball, fingerprint, whatever you sign up for, gets you through the ticket area a lot quicker. ultimately you use a fingerprint instead of a physical ticket, if you sign up with major league baseball and other sports leagues are using.
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that is great. my question is, harder to scalp tickets now. how will you do that with from time to time or facial recognition. ultimately that is good thing. stuart: can you tell me what my password for my gmail account on my phone because i have been stuck for a week. ashley: somebody in russia knows. stuart: here is something that ash knows about, i don't. chaos at build-a-bear workshops after pay your age promotion. ashley: fur flying. if you're 10 you get it for 10 bucks. if you're eight, get it for eight bucks. it was so well-received mayhem ensued. some of the lines of build-a-bear, snaked around the mall, outside the mall, into the parking lot of the six hours long. it became untenable. they had to stop it, everyone in line a $15 voucher they have to use by end of next month. bottom line it was successful, too successful. stuart: that line was my grandchildren, very young.
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ashley: there you go. stuart: next case, house majority leader kevin mccarthy, well he has called the democrats bluff. he says the house will vote on a bill to abolish i.c.e. oh, the democrats are going to oppose it. they proposed it in the first place. anti-trump protests still going on in london. blake burman in middle of it all. a live report. that is trafalgar square. blake is there. we'll be back after this. look at new york. that is a beautiful city on a summer's day. ashley: going nowhere apparently. stuart: yeah, that traffic. ♪
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stuart: we're just holding above 25,000, with a bain of 83 points. most of the dow 30 are on the upside. moments ago we were up 100. thousands of people hit the streets of london. they don't like president trump. this just before our president meets the queen of england. so, what i'm looking at, ash, is the usual suspects. i see a lot of red banners. socialists are out in force. ashley: motley crew of everybody that likes to protest. it is a bit of rent a mob to quote nigel farage.
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i saw quite cleverly, a kind of a display, a model if you like of oprah winfrey, there is a big push in this crowd for oprah winfrey to run for president. that is being said over in the uk. bottom line, yeah, this is -- stuart: no violence, i got to say. we were thinking it might turn ugly. it might, we don't know that for a fact. so far, so good, it isrd early protest. they have not trashed anything yet. that is london. london is very, very different from the rest of england. >> oh, you go outside of london, get to the real england he, we like to say, those are folks that said let's get the hell out of the eu, pardon my language. didn't we have a poll taken that nigel farage told us about. stuart: nigel farage on the show half hour ago, he just announced there was a new poll and 51% of those polled, this is in england, approved of what
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president trump said in the "the sun" interview this morning which was, hey, theresa may, you're not doing very good job with "brexit." ashley: everyone reminded me that no way we would vote for "brexit" but everybody in real england voted for it. you can watch this all day long, not particularly true version of the entire country. stuart: blake burman, in london, next to the demonstration you're looking at right now, tell me more, blake burman. reporter: not sure exactly where we are in relation to that. we're in the middle of parliament that is over there. this is actually 10 downing street. what you can see this is, this is clearly not normal. the street is shut down. people walked in the middle of it. there was a protest behind my camera. these people are headed this way, going in that direction, presumably to approach in that area. what we've seen so far, very civil, very organized. people holding up their signs. this hasn't been hostile. this hasn't been violent.
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they very much dislike president trump. that is what they are all here to the streets for. keep in mind, stuart, there have been some pretty big news headlines today. the president trashed for the most part theresa may in an interview with "the sun" just last night. they hold this interview, joint press conference today, an appeared sort of chummy, chummy together as it relates to "brexit." the president saying he had given may suggestions going forward, not necessarily advice and that there would be a trade deal between the u.s. and uk down the line even though the day before the president suggested there might not be. a couple different headlines. one the protest, people in the streets. two, the president trying to walk back somewhat of an interview he did with the "the sun" here in just yesterday. stuart: blake burman in the middle of it. blake, we'll talk to you again. your job cut out for you today,
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lad. i would say if the brits watched our president's performance at the press conference this morning they may well have been won over by his entertaining and direct and humorous style. ashley: certainly british media, are having a fine old time, like nothing ever seen before. i think they very much enjoyed it. stuart: they did. the american media, especially cnn not having a good time. congressional democrats have introduced a bill to abolish the immigration and customs enforcement operation. abolish it they say. that man on the right of the screen, he called their bluff. okay, the house will vote on it. joining us now, that gentleman from georgia, congressman, barry loudermilk. sir he called their bluff. if there is a vote, there will be a vote, the democrats will vote against their own proposal. >> doesn't surprise me one bit, that they don't want to the american people obviously to know really what they feel.
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you're talking about abolishing an agency that is intercepted enough fentanyl at the border, we're talking about the most dangerous form of opioids, enough to kill a significant portion of the united states population. they have freed children from slave trafficking coming across the border. they have intercepted terrorists yet they want to get rid of them but we don't want everybody to know. hypocrisy is unbelievable. like in the hearing yesterday, for two weeks we heard the democrats say without knowing who the nominee for the supreme court was going to be is that whoever it is their political thought and bias would prevent them objectively doing their job. we heard yesterday in their hearing, even with documented political bias, well, that would not prevent him from objectively doing his job. hypocrisy is unbelievable in this town. stuart: i read your stuff, congressman. you believe the financial regulations came on right after the crash, are hurting charities like habitat for humanity.
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a, i believe that is your point of view. what are you doing about it? >> we actually passed a bill, believe it or not we did something unanimously in the house, took us a while to get there when you, this town is really good at trying to fix all of america's problems, painting it with a broad brush, when they passed dodd-frank before i came to congress it hurt consumers, especially charities because they went -- look at from simpld mortgage disclosure to an 1888 page rule which is so complex you have to hire specialists just to understand it. that deeply affected habitat for humanity. hurt their ability. they have a lost volunteers. they were having a hard time meeting the overwhelming burden this regulation put on them. we simply passed a bill, we'll at least exempt habitat for humanity from the regulation. go back to the old way of prior
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to dodd-frank, simplifying whole process. it only makes sense. stuart: barry, could you please expand the reach of your legislation? because i've got a production team in which at least three people have applied for mortgages and, including myself, it is pure murder. it is paperwork hell. can you do something? >> it is. we absolutely would love to expand that. we want to take care of neediest right up front. i would love to see this expanded. ironic, if you buy a car which will deappreciate as soon as you drive it off the lot. it is mobile. you can take it around anywhere. never is much value in that car as what you borrow. fill out two or three pieces of paper. buy a piece of real estate, going to be fixed, going to be there, going to appreciate. banks can get their money out of it, yet you have stacks and stacks of paperwork you have to fill out. the whole thing is backwards. it needs to be fixed. stuart: yes, please, please.
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barry loudermilk, you are all right, sir. >> all right. stuart: anytime you want airtime you got it. >> thank you, stuart. do you an awesome job. stuart: thank you, sir. our next guest republican candidate from california, area right outside of los angeles. he is going up against democrat congressman pete aviar. sean flynn is with us. he is the candidate. the gop i believe thinks you are going to win. they are giving you a freight deal -- great deal of money. what is your line of attack. >> mr. aguilar has taken a lot of stands inconsistent with people of this district and their values. he has shown great hypocrisy. he was one of the first poop to author a bill would help normalize status of daca dreamers kids. he called for tight border security. he proposed a bill, when it came up we would vote on bill in the house of representatives for that he voted against it. this is startling.
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people in my district, we separate out border security and immigration, we want both fixed. we had a solution, he voted against it. stuart: what is the feeling in your district about california being a sanctuary state? do your voters, the constituents, do they oppose it? >> well you know people here distinguish what that actually means. they understand that sanctuary state laws that were passed here, some of these sanctuary city things, all they do is prevent local law enforcement from cooperating with border security and i.c.e. i.c.e. can be told, notified by local sheriff, hey there is criminal here, he is not a sit is send. we're releasing him 2:00 p.m., off probation, hard jail time, would you like to come pick him up? unfortunately the way they arranged things now with the sanctuary law, it is now illegal to do that. that is just crazy. if there is anyone we don't want in this country, it's criminals.
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stuart: are you going to win? >> yes. absolutely. we're going to win. stuart: give me the margin. if you win, you will be a pickup seat because congressman aguilar, he is a democrat, if you win that is pickup for the republicans in the house. so they're pumping some money into you. >> yeah, you know these pickups are really important right now. eight, 10 months ago, the media was saying there would be a blue wave. we've seen none of it here in california. there were 10 house seats that the democrats were targeting here in california to try to take them away flip them red to blue. in nine out of those 10 on primary nights the republicans won by at least 53%. we're not seeing any blue wave here. we'll hold all the seats we have. we'll do some takeaways, including mine. justin fareeds, the one brown is running against raul ruiz. it will be a very good night for us. stuart: you saved the best headline until the very, very end. no blue wave in california. that is good stuff.
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next time you're on, that goes right up front. thanks so much. sean. >> thank you, stuart. bye-bye. stuart: we did invite representative aguilar on to the program. we're waiting to hear back from him. all right. i will show you live pictures outside of windsor castle. those are the guards in the hats and bright red uniforms. i'm not sure if they are the grenadiers, irish guards, scots guards, i don't know but they are the guards. president trump meets the queen shortly. trump called her a tremendous woman in interview with "the sun" newspaper. ronald reagan met the queen at windsor castle. [shouting] let's begin.
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did you say yes? good, then it's time for power e*trade. the platform, price and service that gives you the edge you need. looks like we have a couple seconds left. let's do some card twirling twirling cards e*trade. the original place to invest online. >> i'm susan li on the floor of the new york stock exchange. we're watching johnson & johnson today being pulled down by over 1%, this is after a st. louis court and jury basically fined johnson & johnson $4.7 billion in the lawsuit with 22 plaintiffs. johnson & johnson failed to warn its talcum powder raises the risk of ovarian cancer. johnson & johnson fighting 9,000 talcum powder cases across the country with mixed success. a jury in los angeles, fined, awarded plaintiffs in that case
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over $400 million. johnson & johnson will appeal the case in st. louis. they're very disappointed with the outcome. that is the latest from new york stock exchange. more "varney" after this.
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stuart: that right there are the guards as in grenadiers, not quite sure who, but they are the guards in baskin hats and bright
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red uniforms, all the rest, honor guard for president trump which will meet with the queen. that will take place shortly. president trump meets with president putin on monday. the president says it will be a tough meeting. roll tape. >> when you look at what we've done in terms of russia, i guarranty whoever it is in russia they're saying oh, gee, do we wish that trump was not the victor in that election. we have been far tougher on russia than anybody, anybody, and probably, look i'm not going down 100 years but certainly we have been extremely tough on russia. stuart: all right. now take a look at a "fox news poll." 53% say mr. trump has not been tough enough on russia. joining us now, lester munson, former white house policy advisor. lester, do you think the russians are saying, oh, gee, it
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is not president trump, do you think they're saying that? >> there is a little bit of truth what the president is saying. he has been tough on policy against russia. he taken a hard-line in ukraine. he gave them weapons. the obama administration didn't do that. but the president also said very favorable things about vladmir putin. and that is very helpful to putin. i think it is a bit of a mixed bag. stuart: the president also said, referring to president obama, i don't think putin would have done that take over crimea if i was president. he called it an obama disaster. what is your judgment on that? >> well, it is a great statement to make because we'll never know. putin also invaded georgia while president bush was president. he invaded ukraine while president obama was president. trump has two more years. something else may happen. then we'll know for sure. stuart: do you think our president will take a hard-line? he says he is. what do you think? >> i don't think he will take a hard-line publicly. i think his policies have been a
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hard-line. he has had extensive sanctions against russia. he has been friendly to our new friend and ally in the ukraine. so the actual policy on the ground towards russia has been terrific, but his rhetoric, i think his rhetoric, the reason he is being very nice to vladmir putin, he is is hoping to get more. he wants to see russia cooperate with us more in syria. unclear whether that will work. that is what he is trying to do on monday. stuart: lester, hold on for one moment please. right now on our screens we have the queen of england walking towards, that looks like, that can't be the side entrance to windsor castle. ashley: no. stuart: the queen of england does not go inside entrances. she is approaching sort of -- ashley: raised stage, she will sit down and receive the president i think. stuart: that does not qualify as a thrown. that is a shawl chair which she will be seated. >> golden chair. stuart: the golden chair. stuart: true. those are the guards in nice
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right order as british national anthem. i am not sure i should be quiet, he listen in to that, what is protocol? since i'm an american citizen, should i talk over the anthem? i don't know. i am conflicted as they say. give me 20 seconds of the anthem, go. [playing of "the star-spangled banner" ♪ ♪ stuart: let me talk over the top of this for one second because our viewers who may have watched england play in the world cup will be familiar with the song just sung, the national anthem for the queen. ashley: god save the queen. stuart: words used by english supporters, god save our
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gracious team. taking a little license. ashley: she is 92 years old. she looks terrific. stuart: she does. ashley: that is remarkable. stuart: i believe president trump will drive up to the raised stage there. the brits do this well. you have to say. ashley: this is not an official state visit by president trump, but it is just a couple steps backward of that. he is getting a lot of pomp and circumstance. saw it with blenheim palace with black tie and dinner. now as he visits the queen. i forget how many presidents she has hosted. 11 i believe. stuart: she became queen in '52, when her father george vi died. she was crowned in 1953. met everybody from that point. now we're awaiting for arrival of president trump, whether he
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walks up, drives up, i'm not sure, but the queen has just taken her seat again. listen for the music. i'm not sure what that is. ashley: playing music while we wait for the president. stuart: waiting music. ashley: waiting music. stuart: that's what it is. windsor castle, what a beautiful place. there you have it. ashley: i think it was a state visit he would have got a ride in the carriage with the queen that he wanted. he is getting to have tea with the queen which is quite an honor. stuart: did president trump actually say if he goes to england he wants to ride in the golden carriage with the queen? did he say that? ashley: kind of thing he probably would say. that is why we talked about it. gentleman standing to the queen's left, queen's left, a assistant of military rank who assists the queen in anything and everything she could possibly want. the grenadier guard, i don't know whether the green that deer guards, irish guards, whatever,
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they're the guard men, they're people on duty outside of buckingham palace. tourists try to make them move or laugh. ashley: trooping of colors is big event outside of buckingham palace. stuart: there are the guards arrayed in lovely lawn of windsor castle. ashley: built originally by william the conqueror in 1184. the brits got it back. the relatives, had varney, relatives came across in northern conquest, got to enjoy windsor castle for 90 years. stuart: i will confirm what ashley webster just said. my very distant relative is supposed to be a gentleman that is a french duke who came across the channel in the invasion of 1066. set down roots. i am the product. ashley: there you are. stuart: where are we going with this. ashley: you're proud of that, aren't you? [laughter] stuart: where are we going with this one?
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right. now we're waiting for the president to arrive. these things work like clockwork in britain. they really work to the second. but i believe our president is running a couple of minutes late. ashley: yes. stuart: and again, i'm not sure whether he choppers on to the grounds. ashley: he had lunch with the prime minister. had the press conference. had lunch with the prime minister. next event on the schedule was meeting with the queen. stuart: do you have any feelings wanting to go back to your homeland? ashley: sometimes get nostalgic and home sick. with blenheim palace in oxfordshire the country side was absolutely gorgeous. the brits do this kind of stuff very, very well. i'm also incredibly happy to be in the united states. stuart: that's right. i wouldn't want to go back to england at this moment in time with me semiamerican accent. you may think it is pure british. it is not. it is semiamerican. i don't think i would get a welcome reception. ashley: when i go back, listen
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to john wayne. listen to the yank. there you go. stuart: the president's arrival is imminent. the gentleman on the right is the duke of edinborough. he is the queen's husband. ashley: is that the duke? stuart: is that the duke? my eyesight. i apologize, ladies and gentlemen, that is not the duke of edinboro. the duke is 95. ashley: he doesn't do official functions anymore. he is 96? stuart: 95, 96. ♪ this is waiting music that you're hearing now from the mass band of the guards. this is the kind of music a large brass band plays as you're waiting for arrival -- duke of edinboro is 97. and he doesn't do public appearances. ashley: no he doesn't. stuart: guards arrayed. band playing waiting music. we're waiting. >> king henry the viii entrance. the tunnel.
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stuart: how do you know this? ashley: saw it on sky news. full confession. stuart: stole it from sky news. ashley: i found it very interesting. stuart: are you sure they're right? ashley: henry viii door? ashley: called henry viii entrance. he hung out there for a while during his reign. stuart: anything else for our largely american audience? possibly a british accent? we're having a grand old time, ashley and i. truly enjoyable for us. both born and raised in england. ashley: yes. stuart: we're both down americans. ashley: we have unique view. stuart: we have unique perspective. we're looking at the queen of england about to entertain the american president, donald trump. who already this morning charmed the british people. ashley: absolutely. certainly theresa may. i do think what he said about
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the prime minister is genuine. he is, if nothing else transparent, donald trump. he will tell you exactly what he is thinking at that moment with no filter. stuart: i wish we could break away from the shot of the queen, show you many so of the things president trump was saying this morning. ashley: oh. stuart: for example, he took on the media with gusto. in particular cnn. cnn reporter, who was trying to ask a question, mr. trump said no, no. i'm not taking any questions from cnn. you're just fake news. you don't get to ask a question. dismissed him completely. ashley: in the british media they know donald trump is very hands on. likes to take people's hands, theresa may, emannuel macron, likes to touch people on the arm, slap them on the back. the question will be hands on with the queen? you're not allowed to touch the queen. that sounds weird. you can't put your arm around her or touch her arm. to be a fly on the wall for this meeting would be truly
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wonderful. stuart: i was as you told you do not sheikh hands with the queen of england, you didn't touch. ashley: no. stuart: that is the rule 40, 50, 60 years ago. we'll find out. when the president drives up, walks up, whatever it is, will he bow, in any way, shape or form? will he lower his head at all. ashley: i don't think so. i don't think so. but that is a pretty good question. i'm going to be watching. stuart: i think the president can be very personable. ashley: very much. the queen has been stated as saying she finds mr. trump, very quote, interesting. stuart: very interesting. that covers a lot of turf. ashley: certainly does. that is very vague. cover as multitude of sins. stuart: wouldn't surprise me at all that queen elizabeth met every world leader in the past 60 years. ashley: she owns many horses. is often, in her earlier years,
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would be in kentucky where she had stables full of horses there. she is very familiar with america and its culture. stuart: i wonder what president trump as a present when he arrived. i ask because president obama went on a trip to england shortly after he became president, and he gave the queen an ipod which contained the copies of his speeches. how that went down, i don't know. ashley: wonder if it's gathering dust on a shelf somewhere. the ancestral home of sir winston churchill, donald trump is a huge churchill fan, and if you remember when he got back -- when he took the oval office, the first thing he did was get the bust of winston churchill that had been removed by mr. obama and put it back firmly in the middle of the oval office, which i thought was very interesting. stuart: buckingham palace, of course, the birthplace of winston churchill. ashley: yes. stuart: right-hand side of your
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screen, what's that? producer, can you tell me? ah. now, that's washington, d.c., rob rosenstein getting ready to announce new indictments in the russia investigation. left-hand side of your screen, that is the presidential motorcade coming new the archway there -- through the archway there -- ashley: henry the viii. that will be our president about to roll up right in front of the queen of england. i'm not sure which car he's in. ashley: he'll be in the beast probably. stuart: yep. because they fly these things over. so far which one is it going to be? ashley: the camera person is thinking -- stuart: that one is the one that's rolling up -- has the camera person followed the wrong vehicle, that's the question, is it not? is it not? here we come. okay. [laughter] i've got ten seconds left are.
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ashley: this program. stuart: neil cavuto standing by to take it over. neil, the queen is yours. [laughter] neil: i can imagine this is like a homecoming for you two. i know you were both there to cover when william the conqueror -- [laughter] 900 years ago. all right. thank you, guys, very, very much. we're told the president has, indeed, arrived at wind sor castle about a -- windsor castle about a half hour west of london. this is the 12th president that her majesty has met. every u.s. president, we're told, since harry truman with the exception of lyndon johnson. don't know why lyndon johnson couldn't find a meeting with her majesty, but he's the only one in recent memory who has not met with her. donald trump, of course, has been eager for this moment. this is the

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