tv After the Bell FOX Business August 27, 2018 4:00pm-5:00pm EDT
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265. out of correction territory. [closing bell rings] nasdaq, s&p, russell 2000, all new records. nasdaq, 8,000 on the nasdaq. never seen that before. that's it for me. david asman. kristina partsinevelos take it away. david: big day for our country. those word from president trump. he moves closer to another campaign promise. scrapping nafta, with a new mexican trade deal. wall street celebrating as the dow surging 258 points at the close. all major averages ending in the green. with the s&p, nasdaq, russell 2000, brand new record highs. i'm david asman. hello. chris tina. >> i'm kristina partsineveloss. waiting for the con fet at that on the screen. i'm in for melissa francis. first let's go straight to the stock exchange with our own
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nicole petallides standing buy to break it down. as you look at all the various sectors climbing 1% higher. definitely broadening across the markets, right nicole? >> you're seeing records across the board. the s&p, the nasdaq, the russell. all-time record highs. we should also note the move that we've seen for the dow jones industrial average, now is out of correction territory. it has been in that since february 8th. we're seeing the 26,000 mark today. we have hats, another round of hats, celebration. when i talk to traders and insiders really moving money, the feeling momentum continues. the market has been so resilient. look at winners today, goldman sanction, caterpillar, jpmorgan. we had every sector in the green with the exception of utilities. utilities is a defensive play. despite all the news we're having, things about tariffs,
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washington, everything in court, the big picture they love it. this deal you spoke of, david, talking about usa-mexico, now we know that trump will speak to trudeau that brought optimism. i want to look at sonos. the shares moved higher and sunk lower after analysts were mixed. they were all giving price targets and there were good ones at that but there are concerns. it could be go pro-or fitbit. canada, usa, mexico every year, a trillion dollars traded. automakers are moving higher because a new deal is beneficial to the group. fiat chrysler and general motors moved 4% to the upside. back to you guys. >> thank you, nicole. great to see you. we have to talk about the deal leveling the playing field. president trump announcing preliminary agreement on a new trade deal with mexico to replace nafta. fox business's edward lawrence
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has been live all day at the white house, at the trade representatives office. you have all the details. what do we know? reporter: you forgot to mention the embassy. i've been in mexico and back today. this is a wide-ranging agreement. it covers more than manufacturing, we're covering textiles, medical device, communication and technology. also agriculture. zero tariffs between the u.s. and mexico on agriculture and gene splicing and editing when it comes to plants. president is touting this agreement as big. listen. >> we have an agreement both with canada and with mexico i will terminate the existing deal. when that happens, i can't quite tell you, with the timetable with congress but we will terminate the existing deal and go into this deal. david: breaking news right now. this is senator
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mitch mcconnell talking about his dear friend, the late senator john mccain. let's listen in. >> john took full advantage of the munch since his diagnosis. his hard work continued. happy reminiscing, fond farewells, reflections, time with the family came to the fore. i was privileged to spend a small share of that time with john. we sat on his back porch in sedona under the desert sky, replaying old times. john did things his way these last months. for his colleagues here, obvious truth, the senate won't be the same without john mccain. i think it is fair to say that the passion that john brought to his work was was unsure patsed
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in this body. -- unsurpassed. in 30 years he never failed to marshall a razor-sharp wit and heart and spirit. when john saw an issue the same way you did, you knew you had found your most stalwart ally. you would thank your lucky stars. because when you found yourself on the other side of that table, as all of us learned you were in for a different kind of unforgettable experience. either way, serving alongside john was never a dull affair. i found myself on both sides of that table over the years. john and i stood shoulder to shoulder on some of the most important issues to each of us. we also disagreed entirely on huge subjects that helped define each of our careers. john treated every day, every
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issue, with the intensity and seriousness that the legislative process deserves. he would fight like mad to bring the country closer to his vision of the common good but when the day's disputes were over that very same man was one of our most powerful reminders that so much more unites us than divides us. that we should be able to differ completely on policy and stay united in love of our country. and john himself once put it, we have nothing to fear from each other. we are arguing over the means to better secure our freedom and support the general welfare but it should remain an argument among friends who share an unshakable belief in our great cause and the goodness of each other. john and i sure had those fights and we sure had that friendship. i'm just glad we never found
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ourselves in opposite dugouts. you see john and i spent years as neighbors in the russell building. when softball season came around we were one united mcteam we called it. as seriously wounded war hero and childhood polio survivor, i have to say john and i didn't exactly have the makings of a elite double play duo. i took the mound once or twice, but i admit, we mostly offered moral support. more support. really that's what john pick cain -- mccain gave this bod attend this country for so long. his memory will continue to give it. john proudly served as senator for arizona, he was america's hero all along. just this month congress finalize ad major bill for our
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all volunteer armed forces we named after john. this might seem like a small detail but really it was a fitting capstone for a career so thoroughly defined by service in and service for the ranks of those who wear our nation's uniform. generations of mccains have served with distinction in the navy. as john described the scottish heritage with one memoir, the mccains were bred to fight. and fight they have. one by one mccains have entered the academy's gates at annapolis. one by one they marched past a century's old battle flag, bearing the phrase, don't give up the ship. but while honorable service is in his dna, john's story was never simple. at annapolis as he had come to explain with some relish his
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major distinctives were mostly weakness of his grades and the length of his disciplinary record. the first miracle in john's military career was the fact he somehow made it through school. but he prevailed and bigger tests soon came. he stared death in the face aboard the uss forrestal and again when he was shot down and dragged and battered and broken into the hands of our nation's enemies. five 1/2 hellish years in captivity, merciless beatings for the uniform he had worn and values he would not renounce. that stubborn, rebellious, streak, went from a stumbling block to a saving grace. stubborn virtues sustained john. declined early release in
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solidarity with his brothers. he never gave up the ship. we all know this story but while john didn't shy from sharing his experiences he inassisted he was no hero and no saint. he measured his life in simper terms. when asked after this diagnose how he would like to be remembered, here is what he said, he served his country, and not always right, made a lot of mistakes, made a lot of errors but served his country and i hope could add honorably. he will certainly get that wish. for many the service and sacrifice that john rendered overseas would have been more than enough, more than a lifetime already. but somehow john mccain was convinced that he still owed his country more.
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in 1983 he arrived in congress. john knew exactly what it meant to swear to support and defend the constitution of the united states. when he was sworn in here in the senate four years later he was no stranger to to protecting the constitution from enemies foreign and domestic. following years brought legislative accomplishments to be sure, while john's constituents were lucky to have him as the senator from arizona, john remembered our title says united states senator. he worked across the i'll on the select committee on pow-mia affairs whose work helped heal the wounds of war and normalize relations with vietnam. he led congressional delegations in overseas travel were famously as grueling as gruelings as they were educational. john was seemingly immune to jet lag and he was never more
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excited that when he had the opportunity to share american values abroad. and of course he was singularly devoted to the men and women of our armed forces. from countless visits with deployed units in iraq and afghanistan, to his committee meetings right here in this body, john honored their sacrifices in a way that only he could. he never forgot that notwithstanding the grand during of military might and our prowess, our military services are made up of people, our constituents, of volunteers, of the brave. john's favorite novel was ernest hemingway's, for whom the bell tolls. i expect we'll hear it quoted quite a bit in the days ahead. the lead character is an american expat named robert jordan who risked everything in the spanish civil war.
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he is a little bit brash, maybe a little hotheaded, in fact he is a dynamite specialist, whose specialty literally is blowing things up. and i goes down fighting right down to the book's final pages. i'm sure some of us can imagine why john might identify with this guy. i recently rediscovered recently john wrote about this book. he noted his favorite literary hero wasn't some contrived caricature of a hero from central casting. the book is full of complexities. the character has to face all of the messiness of life and war. his idealism is challenged. but he realizes the imperfections of this world don't mean the concept of sacrifice is outdated. they don't make love of cause or
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country into something quaint or naive. they only make patriotism, service, and hope that much more noble and necessary. it takes one kind of heroism to undergo unimaginable pain and suffering as a p.o.w. but persist in loyalty. it takes another kind of heroism to sustain that passion for decades more. to withstand the slings and arrows of politics, compromises, the disappointments, the defeats, and yet consider it a joy and an honor to serve. few have either kind of heroism. john mccain had both. fortunately all of that intensity came paired with a world-class sense of humor. as we all know john really hated to lose. the line he used after his
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presidential campaign still makes me laugh. someone would ask, how he was coping with defeat. john would say, actually i'm sleeping like a baby. wake up every two hours and cry. seriously it is hard to describe this larger than life figure without lapsing into what sounds like cliches. we've all heard our whole lives about the importance of patriotism and self-sacrifice. but we can not take that culture of commitment for granted. because just like our nation's security, and our american liberty, the very notion that some causes really are greater than ourselves, only survives because servicemembers and statesmen like john mccain will fight and even die to defend it.
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the bond between john and his country was so deep but of course other bonds ran deeper still. while john's colleagues grieve our own loss, we also send our love and support to those who know him even better. those who called this man their husband, their son, their father and grandfather. we stand with john's loving wife cindy. we stand with doug, andy, sidney, meghan, jack, jimmy and bridget. we stand with his mother, roberta. and with all of john's devoted friends and loyal staff. thank you for lending him to us longer than we had a right. thank you for supporting him while he supported us. so john mccain has fought his
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last battles and cast his final votes. but the nation he loved is still not done with him yet. this week will be dedicated to remembering him. on friday, he will lie in state here in the capitol like other american heroes before him. as the days turn to weeks, i know we'll all eager to come together and collaborate on ways we can continue to honor his memory. generation after generation of americans will hear about the cocky pilot who barely scraped through annapolis, but then defended our nation in the skies, witness to our highest values, even through terrible torture, captured the country's imagination through national campaigns that spotlighted many of our highest values and became
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so integral to the united states senate where our nation errs and advances its great debates. america will miss her devoted son, her stalwart champion, her elder statesman. i will miss one of the very finest gentleman with whom i have had the honor to serve. but we will not forget him. i consider it our privilege to return some small share of the love i don't know poured out for this country. it is our honor as americans to say that the late, great, john sidney mccain iii, what we pray he already heard from his creator, well-done good and faithful servant, well-done. you fought the good fight, you
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finished the race, you kept the faith and you never gave up the ship. david: senate leader mitch mcconnell with his tribute on the floor of the senate, to the late senator john mccain. senator mcconnell was elected in '84. senator mccain elected to the senate in '86 is. so they worked side-by-side for more than 30 years in the united states senate. there is chuck schumer who actually requested the opportunity to change the name of the russell senate office building into the mccain senate office building. he does have one republican cosponsor, senator flake from the state of arizona, which is where senator mccain was from, but again a very moving tribute from senator mcconnell who is with him, with mccain for more than 30 years.
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>> we do have the president right now who just released a statement, quote, despite our differences on policy and politics, i respect senator john mccain's service to our country. in his honor have signed a proclamation to fly the flag of the united states at half-staff until the days of his internment. i asked vice president mike pence to offer address at ceremony honoring senator mccain at united states capitol this friday, at the request of the mccain family i authorized military transportation of senator mccain's remains from arizona to washington, d.c., military pallbearers and band support and horse and caisson transportation during the service at the united states naval academy. finally i have asked general john kelly and secretary james mattis and john bolton to represent our administration at his services. david: there was a while a gap between the time the
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announcement was made by the president and passing of senator mccain. a lot of criticism was heaped on the president, for not speaking out specifically about john mccain and his service to the country. he did send his sympathies to the family of john mccain. this is the first time he specifically emphasized the service of john mccain to the country and in fact what he would do to honor that service. >> yes. so we're going to stick with the president and his discussions today with mexico and go back to our own edward lawrence who is at the white house covering a very big deal, a story today, talking about trade between the united states and mexico. so let's recap just on what we know from this deal. ed. reporter: kristina, huge news day on many fronts. saddened by the news of john mccain. tribute we just heard, but on the other side historic day talking about trade. there is a deal now between the mexico and the united states, the president saying he will terminate the name nafta on the deal and call it the united states-mexico agreement. i can tell you that the mexico
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dell nation told me there is a number, a lot of bilateral agreements manufacturing, textiles, medical equipment, and going down to agriculture, talking about new technologies like gene editing in the plants. the mexican delegation saying there are a number of trilateral parts of this too. listen how they say they would like to see it continue. listen. >> we have an agreement where both, with canada and with mexico. i will terminate the existing deal. when that happens, i can't quite tell you. it depends on what the timetable is with congress but i will be terminating the existing deal and going into this deal. we'll start negotiating with canada relatively soon. reporter: and you heard the president there, they're going to start negotiating soon. the pecs can foreign minister -- mexican foreign minister says canada needs to be a partner
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with it. >> there we hope to have much better understanding by end of the week and proceed fully trilateral immediately. we'll work around the clock. the team will stay here. business leaders will stay here, working as a time as we have done. we definitely want canada to be part of this, part of it agreement. reporter: he mentions the end of the week. because the u.s. trade representative send as letter to congress starting a 90-day clock to ratify this agreement with or without canada. they hope canada goes on to the agreement because the can fadian foreign minister will be here tomorrow to start the process for negotiations. back to you, kristina. >> there is a big question whether this will a bilateral or trilateral agreement. david: let's bring in gary kaltbaum, kaltbaum capital management president and along with jon hilsenrath, "wall street journal" global economics editor. gary, awkward at times, unlike
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anything we've seen in terms of a negotiation with trading partners, particularly those we're close but in the end it seems to work? >> so far so good. look, if he can improve on nafta, which by the way almost quadrupled trade between the u.s. and mexico and canada all's great. i'm thrilled about it. it takes something potentially off the table. next up with canada and big next up, will be china and it looks like markets have been held back by the trade issue. i wasn't so sure of that but you see what is happening with markets right now as they break out to all-time highs. david: john, the iron if i is, we thought that mexico would be the hard partner. canada would be the slapping dunk. with very a trade surplus with canada. we have a trade deficit with mexico. that and there is the wall issue as well. in fact it seems like canada may be the harder one to deal with?
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>> you're absolutely right. that is one of the ironies and conundrums with this. some of it is personal. president and prime minister trudeau brushed each other the wrong way on couple of occasions. i think the president, president trump has also been nipped by canada's agricultural tariffs particularly on the dairy market so we'll have to see how that plays out. i would say one of the centerpieces of the deal son the auto side. david: right. >> this is another irony and conundrum, what you get from a republican president, a very union-friendly deal. a deal we don't call it nafta anymore, but north american trade in cars to include a higher content high labor, 16-dollar an hour wage labor content. that is very much a -- david: gary, look at the markets
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today. the dow is up 259 points. records in the s&p. records in the nasdaq. the markets don't seem to care we just lost nafta, just like that. no that because hopefully it will be replaced with something better. nafta had its faults. it had a lot of good. i always thought about tinkering in there. if he tinkers with it the right way so be it. the areas in the market held back, are the quote, unquote trade problem areas. they're starting to lift and help the rest of the market. i put out a report couple weeks ago, the changing of the guard, they're starting to move and really go. i think there is up more upside. david: go ahead, quickly, jon. >> the lesson from the markets, the markets will take off if the president gets trade deals done. >> agreed. david: guys, thank you very much.
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melissa: we'll talk about on track to scrap nafta. new york congressman tom reed what this will mean for america's farmers and businesses. david: shocking accusations from north korea, daze after secretary of state mike pompeo's pompeo's trip to pongyang was called off. what the rogue nation is now saying. you will not believe it coming up. >> remembering john mccain, we're learning more details how the nation will honor the war hero and six-term senator from arizona this week. >> i'm so grateful, so grateful to the people of arizona for the privilege, for the honor, of serving here and the opportunities it gives me to play a small role in the history of the country that i love.
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i celebrate what a guy who stood fifth from the bottom of his class at the naval academy has been able to do. i am so grateful. every night when i go to sleep, i am just filled with gratitude. >> that's senator john mccain who died on saturday just four days short of his 82nd birthday after a long and courageous battle with brain cancer. we have hillary vaughn right now who's live in phoenix, arizona, she has the latest on the plans to honor the late senator throughout the week. hillary, what do we know? >> reporter: christina, before passing away, senator john mccain penned a good-bye letter to america. that letter was read for the first time this afternoon inside the state capitol behind me where we heard from the family spokesman be, rick davis, where he delivered mccain's final reflections. here's part of that. >> ten years ago i had the privilege to concede defeat in the election for president.
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i want to end my farewell to you with heartfelt faith in americans that i've felt so powerfully that evening. i feel it powerfully still. do not despair of our present difficulties. we believe always in the promise and greatness of america. because nothing is ineffable here -- inevitable here. americans never quit, we never surrender, we never hide from history. we make history. farewell, fellow americans. god bless you and god bless america. >> reporter: on what would have been his 82nd birthday on wednesday, senator mccain will lie in state at the arizona state capitol. officials telling us that the capitol will stay open all day and all night as long as people are waiting in line to pay their respects. there will always be a memorial ceremony on thursday at north phoenix baptist church where vice president joe biden will give a tribute.
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today davis saying biden is one of the family and considers himself to be one of the mccains. the senator will leave his home state of arizona one final time with a military sendoff by the air national guard and their family. he will be moved to washington, d.c. where he will lie in state at the u.s. capitol where his colleagues in congress will get to say a final good-bye. speaker paul ryan, minority leader chuck schumer, mitch mcconnell, vice president mike pence will all pay their respects at the capitol. there will be a service on saturday, a final memorial at the washington national ca three the drag where former president barack obama and george w. bush will also pay tribute to mccain. he will finally be laid to rest on sunday. christina. christina: thank you, hillary. david: here now is bruce klingner, former cia deputy chief for korea. you know, for all the problems that mccain and donald trump had together -- and there were quite a few -- they both had this deep-seeded love for the
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military, and both had a conviction that we needed to build up our defense from where it was. this has got to help in our defense, in our negotiation strategies whether we're talking with friends or enemies, right? >> right. and when we think of senator mccain, i think we think of courage and honor, integrity, compassion and service. and all of us owe him and all the men and women in uniform a debt of gratitude we can never, never repay. so i think we all, you know, are deeply honored and saddened by his passing. david: we are, indeed. but again, it was nice to have that common element are between the president and senator mccain that is leading the country to a stronger position. and we need it particularly when you have countries like north korea, and they are back to their old cold war rhetoric after president trump asked secretary of state pompeo to cancel his scheduled trip to that state. i just want to read to you something, talk about cold war literature, something for anybody who missed any of that,
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it's back in style in north korea. i'm just going to quote from their statement. the u.s. is hatching a criminal plot to unleash a war against the dprk, that's north korea, and commit a crime which deserves merciless, divine punishment. i love how an atheistic government will use the term "divine punishment," but they're back to some old rhetoric we haven't heard in a while. >> right. and we've seen that the singapore communique, which was very vague and short, is faltering, if not unraveling. north korea has a very different definition of denuclearization, and even the korean peninsula. they see it as anything that includes or influences the peninsula including our bombers way down in guam. so they've always had a very different view of the singapore communique than the united states had, and it's sort of slowly unraveling. we've seen in secretary pompeo's visits with his counterparts that they've been very critical of the u.s. objectives, and we
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remain very far apart on trying -- david: but are they prepared to deal with a tightening of the noose around their economy? i mean, this administration, particularly mr. pompeo, is not going to take any guff from them, and they are going to tighten the strong pressure that had already been in place even more so. >> well, on the one hand, the trump administration has put in place the same number of slightly more number of sanctions against north korean entities in a year and a half than the obama administration did in eight years. on the other hand, the president has said there are 300 north korean entities that are violating u.s. law that we are not sanctioning. that's equal to the cumulative number of sanctions against, during the obama -- david: hey, bruce, i'm sorry to cut this short, but because we had the statement from mitch mcconnell, we've got the leave it at that. thank you so much for being here. >> okay, sure. christina: iran threatening a major oil route leaving the united states ready to take action if necessary.
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christina: escalateing tensions with the ud states, iran is pushing back against sanctions, warning it has seized control of the persian gulf and the strait of hormuz, a major oil shipping route, a move that could actually impact consumers across the world. joining us now to react is retired army lieutenant colonel
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daniel davis. let's start with the president who has warned in the past that the u.s. risks the mother of all wars and now potentially seizing a very important passageway for oil. what do you make of these threats? >> they've been in the strait for a long time. i believe what you really see here is that they're getting close to being in a desperate position, and they want to convey that they actually have strength and they have some cards to play when i don't think that they really do. they know that if they actually took action on that and closed the strait to traffic that we would respond and probably destroy the their navy, and then they would be in a far, far worse place than they are now. i think this is more posturing than anything else, and i don't think they're going to act on it. >> don't you think they would get help from syria given the funding they provided to the syrian government so it wouldn't be a desperate united states v. iran type of situation? >> no, i don't, because syria can't hardly handle the civil war in their own country, and the last thing they want to do is put themselves in the
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crosshairs of the united states which is exactly what would happen if they came to the military aid of iran. christina: and we have iran that's going to the u.n.'s highest courts asking for sanctions to be removed from the united states. these sanctions could potentially -- or from this highest court could be binding but not necessarily enforced. what's your take on that? >> yeah, again, they're doing everything they can to try to get out of all this pressure that we're putting on them. and i think it's important for us to recognize we don't want to push too hard because the whole purpose of sanctions is to bring their activities in alignment with what we want to do. we don't want to push so hard that they actually take military action which would harm our interests. the last thing in the world we want is military confrontation with iran. that does not help our side out. christina: excellent points. thank you very much, lieutenant. david: u.s. and mexico reach a ground-breaking agreement, so will congress use the next 90 days to put their own mark on the deal, or will they gum up the works? congressman tom reed, house ways and means committee member,
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>> our farmers are going to be so happy. you know, my farmers, the farmers have stuck with me. i said we were going to do this. and mexico's promised to immediately start purchasing as much farm product as they can. they're going to work on that very hard. david: well, that's good news. president trump touting the benefits of a new trade deal with mexico, a deal that congress will have 90 days to look over. here now is republican congressman tom reed, house ways and means committee member. congressman, good to see you. are you surprise, there were all these nay naysayers saying, oh,y god, this trade talk is never going to amount to anything. the market would fluctuate dramatically depending on the day and the rhetoric. but in the end, it looks like he pulled a deal together. >> it looks very positive. i will tell you this is what i thought was going to happen and glad to see mexico negotiate this. now let's keep canada at the table and get them taken care of
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also. david: now, if canada -- it's a big if -- if canada signs off on this by the end of the week, congress will have 90 days to look it over. what happens after the 90-day period? >> well, this is all part of that trade promotion authority legislation we passed years ago that makes sure that these agreements are scrutinized by public review, that the actual agreements are out there for people to digest, look at the language. when you're talking about a trade agreement like nafta that hadn't been negotiated for 20 years, make sure we get this reviewed by the people voting on this it can congress -- david: forgive me, congressman, but what could congress do if there was something in there they didn't like? >> obviously, we could vote it down, we could go through the process, make sure that the objectives of fair trade are reached, and that's what we put forward in the legislation. this is part of the review process, but i think we're off to a great start with the agreement language i've already seen. david: we played a sound bite of the president touting the
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benefits to farmers. a lot of farmers were worried about some of this trade talk, particularly soybean farmers. the usda is going to pay out $4.7 billion to farmers, most of that will be going to soybean farmers, i think about $3.5 billion. a lot of that is because of what's happening with china. if we get a trade deal with china and if farmers begin to pull in more and they don't have to sacrifice as much, is there any way, will that money be clawed back, or is that money that's gone from the pocketbooks of government? >> well, obviously, i think there's been disruption, but when you're talking about china, i don't think there's anytime soon we're going to see a deal with china. this is about getting our house in order with our family friends in mexico, canada and the e.u., and then we'll take on china. i think we're going to have to live with this short-term influx to our farmers. david: it was a shock, and we saw how the market responded, 259 points on the dow.
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it's just a tremendous boon to the economy that had already been going strong are. congressman, we thank you for coming in, congressman tom the reed. appreciate it. >> good to see you. thank you. christina: and not fazed by the verdicts, new numbers showing trump's supporters are sticking with the commander in chief despite the courthouse dramas. our panel will be weighing in next. ♪ ♪ the wonderful thing about polident is the fact that it's very, very tough on bacteria, yet it's very gentle on the denture itself. polident consists of 4 powerful ingredients that work together to deep clean your denture in hard to reach places.
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christina: last week's courtroom dramas wih paul manafort and michael cohen having no real effect on the president's job approval. and this is according to a new "wall street journal" poll showing support for the president dipping only two percentage points from just before the manafort and cohen news. that's within the poll's four-point margin of error. madison ya see toe who's a member of the trump 2020
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advisory board, and jason altmeyer, a former democratic congressman from pennsylvania, is here with us now. i want to first talk about those stats. you had about 600 people that were polled. jason, this is directed towards you. you had a 44% approval rating with trump. how is it that you have these voters, these registered voters that continue their support of the president despite any negative headlines, any negative news? why do you think that is? >> well, there's a couple of things to work with there. one is that number is below 50% which, if you want to win an election generally speaking, you would need to get above 50 percent in most cases. but more importantly, look, the president's base is going to support him. they've proven that. there have been numerous times in the past going back into 2016 when conventional wisdom would have been for any other candidate the support would have plummeted. that has not been the case with the president.
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christina: and madison, since we're talking about this poll right now, there are some other details about the voters, again, 600 registered voters, about 50% of them believe that democrats are going to move into congress. so what are your thoughts heading into the midterms given these results and all the comments going back and forth with dems taking over, this blue wave? what do you think? >> you know, i don't know if you looked at the polls in 2016, but they were wildly inaccurate. i think they are inaccurate when it comes to that 50% numb. i don't think the democrats have a chance to have a blue wave in november. i think we will hold the house, we will hold the senate, and i think the president's doing a fabulous job. and i don't think that the american people relate cohen's plea or manafort indictment and his ultimate, you know, charges last week as a reflection of the president's job. again, i don't think the polls are accurate, but i talk to people here in cleveland. they're happy about the job the president's done, and they don't care about these things. christina: you have these
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headlines, bank fraud involved -- >> right. and the president isn't being charged with bank fraud, so i think that's irrelevant. christina: you're just saying polls in general, you're not a fan of them? >> i'm not a fan of the poll, no. christina: jason, i want to talk about this axios report coming out. there was an e-mail that was floating around of a gop list of likely probes. and some of the probes could potentially be on in this list -- and these are republicans preparing for the worst -- are president trump's tax returns or trump's firing of u.s. torns or james comey's firing or even the travel ban. what do you think or what do you make of the fact that this type of research and investigation, prepping for the worst, what's your take in the response to republicans? >> it's a pretty long list. it's important to remember that list was put out by republicans who are currently in the majority in congress, and apparently the republicans feel like there's a lot to work with there. and, yes, if the democrats retake congress, i have no doubt in my mind that there are going
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to be investigations into a lot of things that are on that axios list. there's a few things that are kind of off the wall, but most of the things that were on that list are legitimate avenues for the congress to explore, and i would expect the democrats to do just that if they retake control. christina: thank you. isn't it best to be prepared for the worst? thank you very much, madison and jason. david: michael cohen's charges against the president called into question by his own lawyer are, so is he the right person to be setting up a so-called truth fund? details next. ♪
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. . brad's been looking forward to this all week, but how will his denture cope with... a steak. luckily for brad, this isn't a worry because he's discovered super poligrip. it holds his denture tight and helps give him 65% more chewing power. leaving brad to dig in and enjoy the tastiest of t-bones.
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weekend. personally who direct messaged me on birthday, love, continued strength, well-wishes, support for gofundme page. david: cohen's attorney lanny davis having trouble keeping up with contradictions. evening edit starts right now. >> they used to call it nafta. we'll call it the united states-mexico trade agreement. we'll get rid of the name nafta. that has a bad connotation because the united states was hurt very badly by nafta. it wasn't from any standpoint that something most people thought was even doable when we started if with you look at it from the beginning many people thought this was something that couldn't happen because of all the difficult factions, all of the difficult sides and the complexity. and we made it much simpler, much better, much better for both countries. liz: markets closing in record territory again as the u.s. and mexico
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