good ideas all around. we'll put emup on facebook.com/lizclaman. dow industrials closing at highest level since february. [closing bell rings] amazon earnings straight ahead. that will do it for the "claman countdown." don't go way. cheryl: liz, we have another action-packed hour for you. president trump set to make new comments on trade from newly opened steel mill in grand sit city, illinois. we'll bring you the comments live. the dow closing higher for the third straight day. look at the numbers on your screen. as you can see, the story not the same for the s&p but nasdaq hit hard by shares of facebook, tumbling into the close. hello, everybody, i'm cheryl casone in for melissa francis today. adam: i'm adam shapiro in for david asman. this is "after the bell." we're awaiting a big report from

amazon out any minute. as we wait for that, we go straight to nicole petallides on the new york stock exchange what is moving markets today and i bet part of it was facebook? >> absolutely. that weighed across the board. it goes down in history as the big estesoloff for facebook itself, the biggest loss for any company ever, losing 120 billion in market cap in a single day. as i said, we have had a mixed market. the dow is higher. led by boeing, 3m, travelers. on the downside we saw facebook tumbling. the profit margins. daily active users, monthly active users, ad rates, guidance. it went from record high yesterday to near bear market territory as we close here at 176. 174 would have been the bear market territory. on the other hand airlines did jump higher. this entire group did very well. american airlines itself, up 4.7

and that is because of the return to revenue growth for next year. that forecast gave a boost but the facebook story is pretty unbelievable. it goes around the globe. not only facebook, but so many etfs. as i noted the biggest loss ever for a single company. back to you. adam: big loss. people expect this company will recover. they still have growth, don't they, nicole? >> i talk to multiple analysts. i have to say there is a mixed bag. a lot of people are outraged. they can't trust management. they were misguided on everything from privacy having minimal impact to also advertising dollars. and there are others who still came to me and said the fundamentals still look really good. it will have slower growth. i think the jury is out on this one. the fact they didn't pick it up and buy it back like maniacs that people are wait and see mode. cheryl: nicole, wait and see. the other big story on earnings

whether facebook or amazon has to be the trade story. we're looking live pictures from granite city, illinois. are traders on the floor giving reaction to the possibility that the eu and the united states can work out a deal when it comes to tariffs and maybe nafta is the next horizon? >> right on point, cheryl. exactly what they were talking about. they were so happy yesterday, elation i saw and gathered, percent hint of it. we got real news late in the day. markets piped higher, even so. now they are starting to talk about what's next. nafta. china. wall street is loving idea of this. so much better than trade war. that is hurting companies overall. some earnings reporting earnings reports. they had certain guidance they didn't know what tariffs would do going forward.

you heard coca-cola already raising prices because of tariffs. basically materials cost. call a spade a spade. they're bringing in the tariffs costs. that's what they're saying. adam: nicole we need to put you off because we have amazon earnings in. susan li has the numbers for us. beat or miss? >> it is complicated, we don't have adjusts profit number just yet for earnings per share but interesting price action. we were down 5% initially. now we're up 4%. i guess investors took a closer look at these figures. start with sales for the second quarter. sales coming in ahead of estimates. we're looking at 52.9 billion in the quarter. that is higher than analyst estimates. as for looking for around a broader number for earnings per share, $5.07. i don't have anything to compare that to. we are waiting for adjusted number of 2.50 what i believe in

the quarter. here is something that's really good. this is forward guidance for amazon, coming out way ahead for sales. i think market penciling in guidance of 51 billion to 54 billion for the sales number for q3 for the next quarter. came out way ahead of that. giving us a range much stronger than expected. why we're looking at the share price boost right now. looking through this, will get you more. adam: susan, want to confirm on revenue is it a miss or is it a hit? because 52.9 billion, 53.4 billion i thought? >> adam, i have a producer talking to me as well. web services is important. operating income came out way ahead of estimates in fact almost doubling in the quarter. i think that is something investors are closely eyeing since cloud an web services have been the main driver for revenue for amazon going forward.

adam: okay. a lot of people are watching this. cheryl, pretty interesting number. >> it is. web services, that is where the moneymaker always is for amazon, susan. i glad you got last-minimum before. always about the web services. that third quarter guidance, that i think is very interesting. that means prime day was bigger hit. we never get actual numbers until well into the next earnings report, susan. stay with us, if you have got any new details from amazon jump in. it's a lengthy report you have to go through. bring in the panel to react do the numbers. gary b. smith from the kadena group. fox news contributor. jack hough baron's? start with earnings, no one case as top line growth is other worldly. this number is slight revenue miss looks like for the quarter. you talked about well above

estimate guidance going forward. maybe that is. i thought this would be tricky one for am san. usually get as pass. investors eyeing a huge move in facebook stock. i thought they would be skiddish but so far looks well-received. cheryl: looks well-received. on prime day, what i'm seeing here q3 sales guidance well off the estimates 51 to 54 billion, that tells me this company booked new numbers on prime. they probably got some new members as well. >> that is exactly what they're looking for. overall they never give out the prime numbers but we're looking at about 100 million subscribers and an estimate of about $3.2 billion. i mean just on prime alone. while we're waiting to see what that guidance is for the next quarter we have the guidance, we're trying to see the actual numbers for the next quarter. these are the estimates and they

look really great. cheryl: seeing third quarter q3 net sales guidance, favorable impact 30 basis points from foreign exchange rates. the currency issue. that is something a international company amazon has to look at, impact of currency rates. >> yeah, exactly. that is i think still short term because the currency rates now with all the trade stuff going on are fluctuating on daily basis. i think you have to think of amazon differently than most any company other than maybe google. this is a company, remember, like ge, back in the initial dow, became a huge, well-run conglomerate. that is kind of what amazon is now. you mentioned web services. let's not forget they're into health care. they have four subsidiaries. they own whole foods market. they have the big moat with most distribution centers other than than walmart. this is powerful, well-run

company keeps getting into new areas like artificial intelligence for example. this is a company to own many years. cheryl: i'm looking at monthly store revenue. that is nice jump. that goes back to what they selling online. basis, the cake if you will of amazon. >> they're really trying to focus who the consumer is and what that consumer wants. we saw them roll out delivery via cars. you can pick up your delivery, they open up your car for you and you have your package sitting there for you. they are rolling out a service where you buy clothes from amazon, via prime, have them delivered to you, you buy whatever you decide to keep and send the rest back. they know their customer does not want to leave the sofa. they want to shop from on-line, on the sofas. never want to leave their hopes. that is exactly what they're

trying to target. cheryl: thank you for being with us to report on allison numbers. jack, gary, stay with us. adam: we have breaking news. nicole petallides. we have a beat? >> beat on top and bottom line for intel. you see it on the downside. down 4%. what is we saw this drive in quarterly profit and revenue. a booming cloud computing market drove for higher demand in the chips and the data. that is what helped to move it higher. no real message yet, anything about the ceo, right? everybody is waiting for succession plan there. also, there is a delay in new, closely-watched manufacturing process for 2019. people are somewhat concerned. that might give footing to name like advanced micro devices to catch up. last but also not least, interesting to see pc shipments. we talk about pc's, that is

dead, nobody cares. remember last quarter pc shipments were the strongest in six years. i won't say the pc is back. they saw higher demand for data center chips, cloud computing that drove intel. it is down 3% right now. adam: nicole, thank you, as you look at the live picture. the president will come in any minute. we want to go to jeff flock who is the the at the steel mill in granite city, illinois. jeff? reporter: we're moments away from the president here. he was delayed in washington by weather earlier today. he has been behind schedule. ivanka trump is here. i don't know if the pool camera sees that. everybody has their phones out. that is a good indication. this will a big celebration for the president. not only this plant in granite city, the u.s. steel plant, which has reopened two blast furnaces, hired hundreds of workers back since the president

took office. we are 7% increase in terms of steel jobs. that is 5600 steel jobs nationwide. a big celebration for hip. u.s. steel's stock in addition, obviously has been on the rise over the course of the past year. i think it was at 26 a year ago today. got as high as 46. now it is 36. steel stocks are down, music has stopped. presumably the president is seconds away. steel stocks down because of a tentative agreement with the european union that could do away with tariffs. steel industry likes the tariffs. they feel that levels the playing field. with that, i give you the president. ♪ ♪ won't forget the men who died who gave that life to me, and i gladly stand up next to you and defend her still today, but

there ain't no doubt i love this land, god bless the usa ♪ [cheering] ♪ from the lakes of minnesota to the hills of tennessee, across the plains of -- >> that's a great song, isn't it? [cheering] well, thank you all. i'm thrilled to be here in granite city with the incredible men and women of u.s. steel. great company. great company. [cheers and applause] we love our steelworkers and our steelworkers are going back to work in record numbers, you notice? [cheers and applause] we're here today to celebrate a great victory, a victory for all of you, for this community, and

for our entire country. after years of shut-downs and cutbacks, today the blast furnace here in granite city is blazing bright, workers are back on the job, and we are once again pouring new american steel into the spine of our country. [cheers and applause] i want to thank secretary ross who is here with us today and secretary acosta. and they have been fighting for your jobs, for our jobs, for a long time. we're also joined by the three true friends of american steelworkers, representative mike bost, rodney davis, and john shimkus.

fellows, thank you very much. thank you. [cheering] they fight for you, i'll tell you what. those three people fight for all the time. in fact, they fight so much that i sometimes say, i don't want to take their call today but they're with all the way. very special people. hard-working congress men. i also want to thank the president and ceo of the united states steel corporation, david byrd. david, thank you. [cheers and applause] and david actually gave me a couple of words when i walked in, and i said you know what, david? i love you and doug matthews and some of the folks that you want to bring, if you want to bring anybody come up here, i want to shake your hand. what a job you're doing. u.s. steel is back.

u.s. steel is back. get up here, david. [cheers and applause] that's great. i would love you to say a few words and say what's happened over the last four or five months with steel in the united states. thanks, david. [applause] >> thank you, mr. president. thank you so much, mr. president. and also a special thanks to commerce secretary ross for the heavy lifting you've done and congressman, thank you so very much. dr. navarro as well. thank you, give it up for them. [cheers and applause] it does indeed feel like a renaissance here for u.s. steel. you know the president's been in office really only a short time but a lot has happened for our company because of the president. thank you, sir. >> thank you. [cheers and applause]

we have a lot of work to do. this is a company that has, was originally known as the great iconic corporation back in 1901. we need to bring back that status. we need to make u.s. steel great again. [cheers and applause] we are so fortunate to have this type of leadership at this point in time. we're so glad you're back and i'm so glad you're back working i have ally. we can do this. we can do this, have steel mined, melted, and made in the usa. [cheers and applause] in fact, that's exactly what this facility does. it gets the tacanite pellets

from our mining site in minnesota. we get coal from appalachia. we pit it all together to be able to make this great steel. you're back because of policies in place and we need to keep those policies in place and with a president like this we know he will never blink. [cheers and applause] >> thank you, fellas. thank you, david. it has been so hard to start the steel business back up. you know this isn't like a regular business where if you don't have it, it is just fine. you need steel coming from our country. you need aluminum coming from right here in the usa. and we've got aluminum coming out good. we've got steel coming out beyond good. i think we can say that, david and we have lots of other things happening and we'll be talking about them as we go along.

i want to introduce a very special person, a tremendous talent. of course i'm a little prejudiced because she is my daughter ivanka. i said i will bring you up, ivanka. [cheers and applause] done a great job. she loves this country, i can tell you that, folks. honey, say a few words, please. >> thank you. wow, it's great to be here in illinois. one thing i can tell you is that this president, and this administration loves its steelworkers. [cheering] this president and this administration is fighting for each and everyone of you and it is an honor to be here. the economy is booming. steel is coming roaring back. and we're so incredibly proud of each and everyone of you and

thank you to u.s. steel for being here and for having us here. and thank you for, for this president, for enabling it to happen. so, thank you, illinois. thank you, everyone. [cheers and applause] >> thank you, honey. yeah, we've made a lot of improvement. a lot of things are happening. together we really are starting to live by two very important rules. buy american and hire american. right? [cheering] of course in terms of a slogan, the greatest perhaps ever in the history of politics, make america great again. that's the best. that's the best. [cheers and applause] in a couple of years we changed that slogan, i hate to tell you

this, to keep america great, because that's what's happening keep america great. [applause] so your hat will be a little bit obsolete but that's okay. that's okay. that is what has been happening. we've never seen anything like going on right now. you will have big numbers announced tomorrow. i don't know what they are, but a lot of big predictions. if i would have said it on the campaign trail, gdp numbers will be announced tomorrow some time, i don't know what they are but i think they are going to be terrific, you know, we took over, it was really low, it was heading lower, a lot lower, was going to be there fast and great things have happened. so whatever those numbers are, watch for them. somebody actually predicted today 5.3. i don't think that is going to happen. 5.3. [applause] if it has the four in front of it we're happy.

if it has like a three but it is 3.8, 3.9, 3., we're okay. but these are unthinkable numbers. if i would have used these numbers during the campaign the fake news back there would have said he is is exaggerating. [cheers and applause] look at all those cameras. all those cameras. every stop i got all these cameras. this never happened to obama. this never happened to bush. this didn't happen. they follow, they're dying to see us make a little bit of a mistake. they analyze every word. they say did he say that? [laughter] could it have been? did he say something positive about russia? i think he loves russia. be nice to get along with russia

but that's okay. but these people, they analyze every he single word. they follow us. the good news, we can get the word out, we can get the word out and the word i get out is what's happened to steel in this country. dave just said, over the last six months, even though we've been here for a little more than a year-and-a-half, but we really hit it back over the last six month with what we've done. they were dumping steel all over the country. dumping it, like it was garbage. and they were putting all of you people out of work. now you're making your own steel, and the united states is taking in billions of dollars. they never say that. also, jobs and also we're recreating a giant industry. we need steel. we need steel plants. to see an old big monster plant like this reopening, that is an honor. i look at the faces of you people, i could be one of you.

i could be one of you. i like you guys. i like you guys. i tell you, but i could be one of you. [applause] looking around, all these good-looking people, it could be me. and i would be happy if i was because you're opening up plants all over the country. i think u.s. steel is opening up seven plants, and expanding. they're taking areas that they never thought they would see again in the big, old plants. they have a little corner of a building. now they're taking half the building, all of this giant building. it's a big difference, david. thank you so much for doing a great job. you've been a great spokesman. [applause] i know you're all proud to work at a company where the steel is in fact mined, melted, made in america. for more than a century the workers here at granite city mill helped build the most

powerful and prosperous nation ever to exist on the face of the earth. [cheers and applause] right. they poured the sweat from their brows and the love from their souls to support their families, and they loved their country. we all love our country. but bad things were happening. three years ago the flood of subsidized imports and tidal wave of unfair trade targeting our steel industries, frankly lots of other industries, it finally caught up with granite city steel. hundreds of workers were laid off. your two beautiful blast furnaces were idle and the lifeblood of this community was drained. over the last two decades nearly

2/3 of american raw steel companies went out of business. more than 1/3 of the steel jobs vanished. we need steel mills for national kurt. remember that. this isn't just price. this isn't just gee, we could do it for a little bit less. we need it for national security. [cheers and applause] our steel towns became ghost towns. more than 70,000 hard-working americans lost their jobs. their hope and their way of life, you people know it better than anybody. other countries cheated and broke the rules. they subsidized their industries, they targeted our factories, our workers, our companies. they went after our companies and they stole our intellectual property like it never even belonged to us, like it wasn't our idea in the first place.

our trade deficit ballooned, to $817 billion. think of that. we lost $817 billion a year over the last number of years in trade. in other words, if we didn't trade, we would save a hell of a lot of money and our leaders said, the only choice was economic surrender. they surrendered. and by the way, even the politicians in washington, nobody wanted me to be doing what i'm doing. the country was doing well but ultimately it was going to be a very bad thing for our country. so i did it and i did it when we were the strongest. we're having the best economy we've ever had in the history of our country.

this is the time, made by any country on earth ever in history. these deals were made by people, i don't know if they didn't understand or if they didn't care or if they didn't frankly love our country but we have the worst tray deals ever made in history. but now they're becoming good again. [applause] we're here today because america never surrenders. we don't wave the white flag. we only wave the nag -- flag. we only wave the flag that we love. it is red, white and blue and it's beautiful. [cheering]

america's fighting back and we're winning. we're winning. your two great congressmen, we talked about winning before, they came up to me and they said, you know, we've never seen anything like what's happening in this country but nobody has because it has never happened before what's happening with us right now. but this is a special industry to me. this is steel. this is not another -- this is steel and we're watching this one closely. and it is going up, dave, only up. [applause] for years politicians, other than the three politicians with us today, these politicians ran for office, pledging to crack down on unfair foreign trade only to get elected, get into office, and then do absolutely nothing except let our country get ripped off. but i'm not like other politicians.

i never have been a politician before. i only started 2 1/2 years ago. and i became president. how am i doing, okay? [cheers and applause] i keep my promises. i keep my promises to your industry and i keep my promises to the workers of this country. four months ago i stood alongside steelworkers just like you, and i announced to defend our national security, we were placing a 10% tariff on foreign aluminum. and a 25% tariff on foreign steel. that very same week u.s. steel announced it was restarting production right here in granite city, bringing far more than the

original estimate of 500 jobs. a lot more than that now. [cheers and applause] just last month u.s. steel announced the reopening of the second blast furnace, far ahead of schedule. meaning almost 1000 jobs, and those are good-paying jobs. [applause] very soon these amazing workers will once again be pumping out 2.7 million tons of raw american steel every single year. and the number is going to go, dave, a lot higher than that. i can say it. you probably aren't allowed to it. but i can say it, okay? [cheers and applause] we gotha american steel is the best steel in the world. we don't have to worry about the quality. i was in the construction business.

i know a lot about steel. i would order steel, depending where it came, from it wasn't steel. it was a lot of garbage that looked like steel. we don't have to worry about that. we know our steel industry is is vital to other security and our prosperity. if you don't have steel, you doesn't have a country. [cheers and applause] together we're sending a message to our foreign competitors. the days of plundering american jobs and wealth, those days are over. [applause] had just like i promised. we are finally putting first time in a long time, many decades, many, many decades, we're putting america first. it is all about that, america

first. by the way, other countries, said it last year at the united nations. other countries, they should put themselves first, right? they should put themselves first. we're not america first and other people forget about them. i said at the united nations we're putting america first. if you're the leader of the another country you should put your country first and we will be able to compete and win against any country. that i know. [cheers and applause] i also know not one person in this room sat down since i got up and started speaking and i know that the press will say that he didn't get any standing ovations. that's because they never had to stand. they were already standing. true.

[cheering] true. they were already standing, so they will say, this was not a well-received speech. he didn't get any standing ovations. no, what do do when they stood from the beginning to the end of the speech? but i want to thank everybody and thanks to our tariffs. idle factories throughout our nation are roaring back to life. republic steel is bringing back 1000 jobs in ohio. the georgetown mill in out -- south carolina is reopening after four 1/2 years. [cheers and applause] everywhere i go to make a speech, they say, sir, it's amazing, the steel mill which has been closed for 20 years, for 10 years, for five years, sir is, it is opening. and i always mention it in the speeches. georgetown is one of those

places. big river steel is investing billions of dollars to build a brand new plant in texas, to upgrade another one in arkansas. [applause] nucor is creating 250 but ultimately going to at least 1000 johns in the great state of florida, another state we won big. [applause] commercial metals will bring 300 jobs, a new micro mill to oklahoma. hundreds of aluminum jobs are coming back to kentucky and to miss -- missouri. hundreds and hundreds. across our land we're witnessing a incredible resurgence in american prosperity, not just in steel, not just in aluminum. we've added 3.7 new jobs since is the election that beautiful, beautiful election in november

of '16. [cheers and applause] it was your election. it wasn't my election. that was your election, folks. that was your election. including more than 370,000 manufacturing jobs alone. remember they said, oh, manufacturing, it is obsolete. i said, let's figure, it is obsolete, how is it obsolete? how do you make things if you don't manufacture? they said they're obsolete. so we'll soon be up to half a million jobs in a very short period of time. you've heard me say this, i'm very proud of this, african-american unemployment has reached its lowest level in history. hispanic unemployment -- [applause] has reached its lowest level in history. asian unemployment has reached its lowest level in history. and i'm sorry, women, to

disappoint you, this is tough. but i did win that women's vote, didn't i? remember? remember they said, why would women vote for trump? i don't know, but i got more than she did. that is pretty good. listen to this. i'm sorry, i'm sorry, so embarrassed to say this, because hispanic, african-american, asian, best numbers in history. women, unemployment, only reached 65-year-old. i like to apologize. i want to apologize to all the women in the audience, 65. but i will tell you, within a short period of time that 65-year period will be history. it will be actually history. in two-ways. manufacturing wages are expected to rise at the fastest rate in more than 18 years.

95% of american manufacturers optimistic about their company's outlook. that is the highest level ever recorded, and this is old-time statistics. they have been around a long time. that's the highest level ever recorded. and thanks to our tariffs, and the booming economy that we have created, not the past administration where the economy was going to hell. u.s. steel is now in the early stages, david, of investing over $2 billion in asset revitalization that will invest hundreds of millions of dollars, not just here, but in pittsburgh, detroit, and gary, indiana. that's great. thank you, david. [cheers and applause] thank you, david.

in the midst of this great economic revival, now is the time to fix the terrible, one-sided, unfair trade deals and practices that have cost our nations trillions of dollars and millions of jobs. this is the time to do it. we're strong, we're doing well. we have a military that i have just spent, i just got approved $700 billion, to fix our military. which is fallen way behind. [cheers and applause] next year we got approved $716 billion. we have soon, the biggest, strongest, military that we've ever had by far. it will be totally upgraded, beautiful new ships. beautiful new planes. beautiful new everything. because we have the greatest fighting people in the world. they're going to have the greatest equipment in the world. by the way nobody makes equipment like we do, whether

it's missiles, or ships or planes, nobody makes what we make. and foreign -- you know that. foreign countries, you know that. [applause] foreign countries, if they're at least semifriendly, we can't sell it to everybody unfortunately. we do have a little standard, right? but if they're sort of friendly, we're selling them a hell of a lot of stuff. that is good for jobs. remember that. [applause] for decades the united states was the piggybank that everybody was robbing. we were the big, dumb, piggybank and everybody was robbing us blind, the whole world. the united states had racked up $13 trillion in trade deficits since 1994. think of that, $13 trillion. since china's entry into the world trade organization,

another disaster for us in turn, china was flat-lined for decades and decades. with the world trade organization they shot up through the roof. right now we're doing a lot better than china and a lot better than any country in the world. we're rates number one in the world for growth and other element. number one in the world. did you ever think you would hear that again? [applause] but before, this is a number, when i would say it even on the campaign trail, i used to say ah, the fake news will kill me, if they catch you making a little mistake, i would say, we lost 60,000 american factories, factories, not people, factories, 60,000, like this. who would even think we would have so many? is it possible. i used to think it would be

mistake. i very sheepishly i said it. 60,000, i went through a speech. i didn't get corrected. then, again, 60,000. after four or five times i realized they agreed, that we lost 60,000. we lost 60,000 factories. you know how many jobs that is? nobody even knows how many jobs. and we lost them because of stupidity, stupidity. we lost them to other countries. we lost our businesses and our jobs to other countries. they would fire you and they would go to other countries that make the product, sell it into our country, tax-free, no tax, don't worry about it. how stupid were we? i probably got elected largely on that. i probably did. [applause] probably got elected largely on that. not entirely. a lot of other stupid things we've done too, but that was a

factor, because that's not free trade. that's fool's trade. that's fool's trade. to all of the media critics and lobbyists who don't want us to defend american jobs, you have people that say oh, it is okay when we close a factory here and we buy steel from some country way far away. i say to those people, that we are not starting a trade war. we've been in a trade war for many years and we've lost for many years but over the last year-and-a-half we are winning. we're back and we are winning, we're winning bigger than anyone understands. [cheers and applause] we've taken the toughest ever actions in response to china's very abusive trade practices. i have to be honest, president xi is a friend of mine. he is a great man, great guy but

we've taken very tough action, because we couldn't continue to go on wit. last year, they lost $375 billion on trade with china, and that doesn't include the theft of intellectual property. think of that. 35 billion. it's crazy. -- 375. it is not going to happen anymore. it is not going to happen anymore. we're putting the world's trade cheaters on notice. no one rips off the united states of america and nobody takes ad vaning of our workers or our companies anymore. [cheers and applause] this includes protecting our great farmers. our farmers are incredible. agriculture, related industries have lost one million jobs in the last 20 years. now china is going after our soybean farmers in the hopes we

will surrender our intellectual property and that they will be able to continue to make $500 billion and $375 billion off the big, fat, sloppy, united states. not happening. folks. and our farmers are patriots. remember that. our farmers are patriots. they're saying that the president is doing the right thing. [applause] they're saying it. these are incredible people. [applause] they interview them on television. i know it will be a little tough for a while because he is doing the right thing because everybody knows we've been ripped oaf for so long and he is doing the right thing. these are incredible people. we've given them a little help yesterday. we're giving them help. and everybody is going to be back because we have the greatest farms in the world. we have the greatest equipment in the world. there is nobody that can compete, nobody can compete with us with agriculture. and these tactics are not

working because we're not going to give china or any other country a veto on united states national security. we're not going to do it. and we will not let anybody bully our wonderful american farmers. our fortunes as a nation rise and fall together, and that is why we are going to stick together, and win for our farmers and our factory workers, our steelworkers. here we are, all across this nation. i'm very proud to report, we have reached a break-through agreement yesterday, with the european union, commonly referred to as europe -- [applause] , to begin lowering trade barriers, and establishing a trade relationship that is fair and, my favorite word, reciprocal, reciprocal. [applause]

the european union and they understood this was wrong but they had barriers where they would sell their cars, we couldn't sell cars into them. they would tax us, but we would tax them far less. by the way, i'll give you one example because it really works. when we build a car and sell it into china, they charge us a tariff of 25%. when they build a car and sell it into the united states, we charge them a tariff of 2 1/2%. and by the way, and they don't pay it. so, we get 2 1/2%, and they get 25%. other than it is a very fair deal. does that sound fair to you? very fair. i say where the hell have our people been? honestly i don't think they cared. i don't think they cared. it is nasty. look at the bad press i'm getting. these guys, he is putting tariffs on, he was nasty.

he was nasty at nato. he said i was too nasty to nato and too nice to russia, figure that one out, okay? yet i'm the one that told nato and germany, why are you selling, why are you doing this, why are you buying all of this gas and paying russia billions and billions of dollars for your energy? i brought that up. but they said, he was so nasty. let me just tell you what happened with nato. last year they paid $44 billion more than they ever paid before. and if you look at nato, it was going this way, it was going down. everybody was delinquent. not everybody, but almost everybody. the united states wasn't. by the way, germany pays 1% and we pay 4.3%. you think that's good? and the one thing i know about nato for sure, it is better for europe than it is for us. a lot better for europe but think of it, so you had these

countries that we're paying so little and that gives them a big economic advantage, because we're protecting them and they have a very small cost of military. whereas we have a massive cost. i just told you, $700 billion, and we're protecting them. so, at the end of that meeting, they agreed that they would be paying up hundreds of billions of dollars more money will be spent on nato. and we're not going up by the way. we're not going up. [applause] we're not going up. hundreds of billions of dollars. the head of nato, the secretary joan stoltenberg, great guy, he is my biggest fan in the whole world. he said without president trump these people were not paying their bills. now they're paying their bills and they're proud to do it. but the press said i treated them badly. i treated them with disrespect. these are kings, queens,

presidents, prime ministers, and a dictator or two. they were the ones that were actually pay the easiest. so i did a good job with you for nato, but they don't talk about that there were stories written about my attitude of nato, and they didn't say hundreds of billions of dollars more agreed to be paid. that was the whole purpose. because our country was being taken advantage of. we were paying anywhere from 70 to 90% the costs of 29 total countries in nato. not anymore. not anymore. as part of our agreement -- [cheers and applause] by the way, to finish that up,

kim jong-un, making terrific progress. when i met with president obama it sounded like he was ready to go to war with north korea. sounded like he was ready to go to war. i said, did you ever speak to him? no. wouldn't it at least nice to speak to him. did you ever speak to him? no. it sounded to me respectfully he was ready to go to war. seoul, which is a massive city, 30 miles away from the border. forget about nuclear. they have thousands and thousands of cannons, they call them cannons, massive guns, aimed right at seoul. and now you see what's happening now who knows ultimately what is going to happen. but for nine months, no nuclear tests, no rockets going up, no missiles going over japan. we got our three hostages back. [applause] got our three hostages back.

and we didn't pay 1.8 billion for the hostages by the way. paid nothing. but he was very smart. and we have established a really very good relationship. but the at beginning, the news was saying what he is saying is going to cause war! he is being horrible! he is totally unhinged! when i use terms like, little "rocket man," other terms, but honestly, now i have a great relationship, i think. i think. with chairman kim. and i think a lot of good things are going to happen. and without that rhetoric, and without the sanctions and without all the other things that we've been doing, nothing could have happened. now you read where they're dismantling nuclear areas. they have already blown up some nuclear areas. they took down all of the propaganda that was all over north korea, signs, music, all

of this stuff, taken down. it's gone. making a lot of progress. but if you read the papers, you wouldn't understand that. because you don't get the real view from the fake news media. so this is very important. that is one of the advantages. [applause] one of the advantages to speaking to tremendous amounts of, look at all those cameras back there, it is like the academy awards. there is no difference. but one of the advantages, i can say it, it is covered live, much of it. when i say it they can't do anything about it, because i say it. so at least they hear our point of view. it is really our point of view. not my point of view. it is our point of view. it is point of view of common sense and strength. it is both and it is common sense and strength. the stronger we get, the less people are going to be messing with us. we don't want to use that kind of strength.

we don't want to use that kind of power but the more power we have, the more we're not going to have to use it. very simple. so as part of my agreement, with the european union, they have agreed to purchase almost immediately large amounts of american soybeans, because china really tried to hurt the american farmer. [applause] china tried to hurt the american farmer that way they were going to hurt me, that way you would go in november and you would vote for people that don't want borders, they don't care about crime, they want to get rid of i.c.e. democrats. how about the new one? they want to get rid of i.c.e. i.c.e. is tough and i.c.e. is smart. and they go in and knock the hell out of ms-13. these are killers. they use knives because it is more painful than guns.

i.c.e. goes in like a day at the office. these are tough people. they got to be tough people. because, ms-13 and these gangs, that the worst that the worst immigration laws in our history allowed in this country, catch-and-release, how about that one? you catch a criminal. you take his name, then you release him. he has got to show up to court within four or five years. meantime they're committing crime in our country. these are the laws we have to work with. despite that, we're setting records. but we have horrible, horrible, immigration laws and we're going to get them fixed. you have to vote republican, folks. you have got to vote republican. [applause] vote for these two congressmen. they know what we're doing. they know what they're doing. they're tough. they're tough, and they're smart. they're also going to increase purchases, european union, of

american energy and work with us to protect intellectual property, which is being stolen at levels nobody has seen before. i want to personally thank european commission president, jean-claude juncker, working together to forge this agreement. he is actually a very tough, very smart, very good man. if i didn't make a deal with him i wouldn't be saying that. i would say he is a terrible person. in everything we do, in every action we take my administration is fighting for the loyal, hard-working citizens of our country. men and women like you who make our country great, who make our country run. i would like to invite some of the incredible workers here at granite city up on stage to personally share their patricia bertrand has worked

here for 18 years. patricia christened it with a bottle of champagne. in other words, she loves this place, i think, is that right? >> i do. >> good. say something. >> thank you. [applause] breaking the campaign bottle last month more our restart celebration was a very special honor. i was impacted two years ago when the plant was idled. prior to that, i had worked at granite city works for 16 years and was able to provide a comfortable life for me and my family. granite city works is home to me, and striving past the quiet plant was difficult. driving past the quiet plant was difficult. many families, including my own, suffered and local businesses. it is great to see the plant up and running, everyone back to work and the community thriving. thank you, mr. president. [cheers and applause]

>> what a good job. patricia, don't ever run against our congressmen, please, because you're going to win, and we need them. don't ever run against them. what a great job. also joining us is tony, a bricklayer who has worked here for 36 years. tony, come on up. tell us a little bit how it feels to be back on your job. [applause] >> man, pinch me. i can't believe this. [laughter] i want to the thank everybody here for having me up and especially president trump. two years ago, like a lot of people in this room, i got a phone call that was a gut-wrenching call, not knowing where the next house payment would come. three boys in college at the time. and in those two years, thanks to mr. trump and everybody who supported him, we're back here

now. things are better and future looking fantastic. again, thank you for supporting him and thank you. [cheers and applause] >> thank you, tony. beautiful. also here is bobby ellis, he's a marine corps veteran and the second generation of his family to work right here at the granite city mill. bobby, come on up. [cheers and applause] >> how exciting is this? [cheers and applause] hey, you know, i grew up here. my mother, god rest her soul, nelly ellis, worked at the machine shop 37 years. i joined the marine corps -- [applause] i realize what kind of family that is. you guys, each and every one of

you guys and gals are are my family. we love you. start up, stay up. [applause] >> finally, i'd like to hear from neil whit, a third generation employee who started here over 40 years ago and climbed the ranks to become a plant manager, and now he's back. how does that feel? come on up. [cheers and applause] >> on behalf of my work family here at granite city works, i thank you, mr. president. it truly is a family here. i see the familiar faces of the people i've known for years every day. as i grew up with most of you, went to school with most of you or your parents. as plant manager, it was difficult laying off people and getting the calls. after the layoff,