tv Lou Dobbs Tonight FOX Business November 19, 2018 10:00pm-11:00pm EST
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instagram. @kennedy nation, tomorrow night, on the show, it is a doozy, chris stirewalt. and rachel campos duffy, you are my turkey, i will let you cool, good night. is next. >> good evening everyone. our top stories, tensions between the united states and china escalating as president trump and his united united states insist on a america first policy that wants u.s. to be first. they did livered dueling speeches the nation over the weekend presenting two different views of global trade and security. we take that up and discuss the latest and the u.s., china
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relationship. also tonight, more in reston tijuana and central american migrants are clashing with hundreds of local mexican residents who don't want them in their city. president trump remaining steadfast in his commitment to strong borders through morning those in the caravan not to try to enter the united states illegally. >> we are not letting people in to our country illegally. we are not doing a release. will do a catch but not releases. if they'll think they'll be released into the country like the old days, for years and years that catch and release, were not releasing. they don't get released. >> were going to take up the latest south of our border. fox reporter is reporting tonight from tijuana and the daily caller is joining us.
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in california, adr day, nearly 1000 people are still missing. the deadliest fire continues to burn the head of an expected rainstorm. we will have the latest from california, tonight. our top story, drop in the shares of apple and other big tech feeling a big selloff. the dow jones industrial is down almost 400 points. the s&p 500 down 46, the nasdaq lost more than 200 points. admits the market turmoil, the white house continuing to demand fair trade policies from china ahead of an upcoming meeting that will take place between the president and the chinese presidents at the end of this month. edward is in washington. >> the trade fairs part of the market drop. a spokeswoman reacted to harsh language of the chinese without mention china following a
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summit. the statement reads, the united states is proud to agree to promote free inch fair trade in the region and combat unfair trade practices. it's unfortunate not all economies could support these positions. they fail to offer a joint statement for the first time in 29 years. china blames the u.s. were spoiling the summit. the remarks openly cause controversy, created discourse, fueled the atmosphere and did not contribute to achieving consensus. the vice president brief that president tenant seem to escalate towards a trade war as china continues with their trading practices. the chinese delegation was supposed to meet washington this week, they canceled again. these were prep talks related to the g27 meeting.
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the chinese say the meeting will happen after the bilateral on december 1, assuming it goes well. foreman chairman under reagan said china should not underestimate president trump. >> trump is a very good negotiator. he negotiated with the canadians and the chinese should look at how we negotiated and get ready for more. >> the vice president said they will not change course. the market reflected that in part with the hardening tone with the selloff. >> 's it's hard some days to tell whether it's hardening or just an awakening on the part of the chinese to the fact that this president means business. >> and resetting those for fair trade deals. >> lou: and the international economic order in need of rebalancing across the entire breath of those relationships. thank you.
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on the u.s. southern border today, homeland security officials say the caravan of central american migrants consisting of nearly all single adults or teen males is at least 500 criminals have been identified among the ranks. there are now about 6000 migrants seeking asylum in tijuana, mexico. that is from the united states with thousands more expected to arrive over the coming days. as william reports, they are not receiving a warm welcome at all from the locals. >> illegal immigration is not new to mexico. generations of central americans have used this country as a steppingstone to the united states. this caravan, the numbers, seem to have awakened a vocal minority against them. >> tension in tijuana.
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>> we are here because our government has not taken control of these invasions. >> it shouting, hondurans go home of eva mexico. right police stopped hundreds of mexicans trying to storm the migrant shelter. >> you see people within the migrant caravan smoking weed, drinking, throwing rocks at the cops, causing chaos. >> these mexicans oppose illegal immigration. they fear crime, loss of jobs, depress wages, in a country where 40% already live in poverty. >> i'm not in favor of them coming the way they did. >> nearby, counter protest. they say mexicans should welcome and protect immigrants. >> it's important that we consider that our mexican brothers are in the same
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situation. >> the shelter was on lockdown until protesters went home. >> there here to work and have a better life. and no problems, not troublemakers. >> more than 6000 migrants arrived in their shelter looking like a refugee camp as many realize they cannot easily cross the border and asylum interviews are at least five weeks away. >> it i tell them it's better for you to get a job. >> this morning for the first time, the u.s. shut down the port of entry. they said in the tweet that they believed a quote large number of caravan migrants plants rush the border to gain illegal access to the u.s. >> by shutting down lanes and slowing traffic, president trump is sending the message, that if you fail to stop these on the southern border you face consequences on the northern
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one. he's doing it in the language everyone understands, time is money. >> thank you. william is reporting. >> lou: rain is headed for northern california. welcome rain bringing conditions that could both help and hinder efforts to put up the deadly campfire which has left at least 77 people dead. claudia has the latest from chico, california. >> a grim task but it's necessary. it really does help families out. it allows them to know what happened, as difficult as it is. >> the flames may have slow but the recovery from the wildfires still in early stages with the death toll growing in the number of people unaccounted for constantly fluctuating. search crews are in a race against mother nature with rain in the forecast.
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it will help put out the fire and help bring air quality it could hurt the search for missing people. >> working with the sheriffs department of first responders we have additional resources trying to work ahead of the storms. >> with more than 50000 left homeless, thousands are streaming through a disaster relief center trying to get their lives back together. >> they can get some support from fema and get their drivers license renewed and update their mailing address, social security cards can be issued. >> and emotional vigil where the community came together to heal and share stories of their escape. >> we were a moving pump because we had a bunch of propane tanks. >> it was a war zone. >> joe and his family are thankful they made it out in
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time. also for president trump's visit on saturday. >> i'm grateful for the support he has given. he did not have to come here but he did. and for that, very grateful. >> the federal aid the president promised to help the community promised is flowing. more than three and a half million dollars is in the hands of households that have registered with fema. those numbers will grow. >> thank you. still ahead, the white house has set new rules of conduct for journalists as the national left-wing media continues to attack president trump rather than jim acosta's conduct. >> is fight for press ended up with a win for the first
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amendment. >> may be the trump administration is little worried bout cutting that off. >> it's a slippery slope. what reporters can be targeted. >> i don't think donald trump understands the definition of decorum. >> we are watching the president at the point of his greatest rage and it is at the press. >> we will take that up with some attorneys. i'm next, new signs that tariffs on chinese exports to the united states are working and working very well. were joint to talk about the president's winning strategy and the threat of communist china. i know you want to leave me for schwab, but before you do that, you should meet our newest team member, tecky. i'm tecky. i can do it all. go ahead, ask it a question. tecky, can you offer low costs and award-winning
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lou: a new report that demonstrates clearly president trump is succeeding in making china pay for most of the trade tariffs. european researchers now saying american consumers and canes are absorbing only 4.%5% of -- 4.5% of those tariffs. the remaining 80% are being paid by china. and joining me now to talk about the very tense u.s./china relationship and one that
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doesn't seem to be improving, gordon chang, author of "the coming collapse of china," gordon, welcome back from tokyo. good to see you. let's start with, first, these targeted tariffs that the president if has implemented and more to follow if the chinese do not come to their senses. i mean, this has to shock places like goldman sachs and the establishment forces that have been lobbying against these tariffs. your thoughts. >> all the smart people who talked about how the american consumer was going to be the one paying for all the tariffs, well, they're wrong. and this is because the administration obviously picked out those areas where there was a lot of elasticity, and that's good. you know, the important thing -- lou: there goes bo done using -- gordon using an economics word with. i was just saying today very few people talk about elasticity,
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the ability to delay purchasing goods based on price. >> yeah. the important thing here is that when you look at the broader picture of the tariffs and the oh thing that the trump administration is doing, he's actually encouraging supply chains to get out of china. and that's important for us because those supply chains are held hostage by beijing. whenever they get upset about something, they go against our companies. lou: and sometimes we use the words supply chains are used too liberally when the word really is production of products themselves -- >> right. lou: -- this china and a dependence on china for that reduction. that's got to change, obvious, as you say. some other things have got to change. one is, it's a communist government. they have expansionist, and that's being kind, they have colonial, it seems at times, but certainly imear y'all imperatives within their foreign policy that they seem to be
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shocked that an american president would resist as this one has. >> yeah. well, shi gin ing who for more than a decade has been dropping hints that china is the world's only sovereign state. basically, what he's saying is americans, japanese, whatever, are just mere subjects to the greater glory of the chinese court. you know, the important thing for us is that those trade that we have, you know, our factories in china are producing profits that china is then using to put into its military which is con firing itself to fight -- configuring itself to fight mornings. there's a long chain here. it's also, of course, security because china needs an enemy, and they've identified us. lou: well, they've identified us. we shouldn't have been too hard to spot because we are the only superpower in the world. this is a country under this president that is not recognize bl to the our structure in the beijing, is it? >> no. one thing that president trump has done especially this year is he's taken actions to defend the
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american economy, defend american society. china's leaders don't know how to deal with this, so they try to talk to henry kissinger, they try to talk to the heads of financial companies concern. lou: the establishment. wall street has been carrying out what the vice president referred to as a lobbying exercise, calling wall street and american ceos participating in the chinese call or for discussions and talks unregistered foreign agents. and, by god, that's exactly what they are, and kudos to the vice president for saying it exactly the way it is. >> yes. and, you know, we saw that september 16th meeting in beijing before the hid terms. obviously, the chinese were trying to use the heads of the big financial -- lou: they still are. >> finish against the united states, and it didn't work. lou: well, it hasn't worked so far only because the ceos didn't take them up on the offer, but they dispa patched their --
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dispatched their minions from their banks and firms. you know, this is an ugly thing. we're watching propaganda being organized against this president's policies. we're watching the establishment try to subvert the president's policies on china, on international trade. and the idea that this stuff that has been circulating from the establishment whether it's at the council of foreign relations or it's the chamber of commerce, wall street, you know, we need quick wins here after the midterms. well, the president's got a quick win. he won the senate, for crying out loud. he is accomplishing her, and now they want -- accomplishing more, and now they want to talk their way, insinuate themselves into this president's administration ask to get him to, in some cases, dilute or even abandon policies that are certain to be effective. >> yeah. the most important thing here is that these tariffs are imposed
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under section 301 of the trade act of 1974 as a remedy for the theft of intellectual property. the nsa said that china's theft of u.s. ip has increased over the last year. we saw that -- lou: when's the last time you heard of one of the front companies being shut down by the fbi or think intelligence agency of this country? you haven't. you haven't heard it. we know that for years they've been operating literally thousands of front companies working through our universities as well to, what? gather intellectual property by the hundreds of billions of dollars they steal every year. >> we just got that report that high caron technology, their host -- micron technology, their most recent chip has been stolen by the chinese, $8.95 billion worth of i, just one theft, and it's occurring across the board, lou. lou: they're traitors to the united states. every one of these people trying
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to reverse this president's policies vis-a-vis beijing are betraying this country, and they're doing so for the most sortied of reasons, and -- sordid of reasons. gordon, great to see you. thanks for being here. >> thanks, lou. lou: gordon chang. be sure to vote on our poll tonight, do you believe communist china finally comprehends president trump's america first trade policies and demand for balanced free trade, fair trade and an end to china's theft of u.s. technology is now nonnegotiable? cast your vote on twitter @loudobbs. follow me on twitter as always, like me on facebook, follow me on instagram at lou dobbs tonight. up next, the white house unveiling a new code of conduct for the white house press corps. oh, that's going to make a few of them very uncomfortable. journalists with the national left-wing media must act like adults. do you think they can to that? is this a fair set of guidelines?
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>> the white house todayoutlinir presidential news conference. the white house has dropped the effort to remove the hard pass of cnn reporter, jim acosta. it includes limiting journalists to one question meacham follow-ups at the discretion of the president. should you refuse to follow these we will take action. joining me now the fight over the acting attorney general and more harvey dillon, with california. gregg jarrett, good to have you all with us. let me begin, these rules tonight if we can put those up
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full-screen, these look simple and straightforward does it meet the test of due process that judge kelly asserted. >> at step one. first you have to have the rules announced in advance and then you have to have a warning to be heard in response. i think it remains to be seen whether acosta is going to carry out his part which is either behaving or justifying his action. if he chose the line that everybody will be better off. if he doesn't then yes, the white house has the right to look at proceedings in response. >> there has always been rules of decency and decorum that white house correspondents have practiced when i was there temporarily. i knew the rules and i abided by the rules. and then comes jim acosta.
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they feel like they have the right to be rude, abrasive and commandeer the news conference and argue with the president. >> you have to believe they are little upset, the white house press corps that he has messed it up. >> if i were press secretary the next time acosta pulls that i would say that's the end not only today but for the rest of the week. and his colleagues would have surrounded him and threatened to tar and feather him and kick him out. >> they would had a ball with that. let's be honest. isn't there a time where you have to tell a district court judge to go to hell. the idea that you have to follow the district court judge and create rules and cannot run the
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white house the way it has been. >> to be fair to the judge, if you look at his ruling from the bench he felt like he was constrained by a private decision. that is idiotic in my opinion. this judge took a case in which you dealing with the nation reporter. it had nothing to do with conduct and decorum. and disrupted a presidential press conference. you guys are the lawyers. >> your question was should we tell the judge to go to hell. that's generally not a good idea. even though it's obvious you shouldn't have to tell people to behave like adults.
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>> lou: you should not have to tell the judge to get back either. >> there is no freedom to be obnoxious and rude. there is no freedom of the press to question the president. it's a privilege to be there at the white house. there are rules and norms that have always been followed. now you have a judge who has decided to expand to process beyond any resemblance. >> i would tell the judge go to hell and will let the supreme court decided if necessary. >> the president prepared to give his written answer answers to robert muller. let's take his comments to chris wallace yesterday if we could please. >> the questions were asked and answered, they make it like i had meetings for many hours.
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i got the question, i responded i read them once and read them a second time. i think that should solve the problem. if it doesn't, i'll be told them will make a decision at that time. probably this is the end. >> is this the end in your best judgment? >> it should be the end for the president side. this is the extent of his involvement. who knows what muller will do with it. it could attempt to go on forever. >> with obstruction off the table it should have taken five minutes to answer the question. i don't know anything about collusion and i don't know anybody who colluded with russia, end of story. you can dismiss allegations of the trump tower meeting did he
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know in advance, i did not he said that repeatedly. did you mislead anyone in your dictated statement. it was accurate to the best of my knowledge. those are the main questions and should be easy to answer. >> after two years of investigating this president and administration, enough is enough. it's actually far more. thank you for being with us. >> thank you. after nearly two weeks the results are settled in florida. it's two victories for the president and the republicans, the senate majority for the republicans is growing. repuso a tree falls on your brand-new car and totals it. and as if that wasn't bad enough, now your insurance won't replace it outright because of depreciation. if your insurance won't replace your car, what good is it?
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one pill a day, 24 hours, zero heartburn. >> 's on wall street, big selloff. the down losing almost 400 points, the nasdaq down to 19. volume on the big board 3.7 billion shares. facebook, apple, netflix, all dropping into bear market territory. facebook stock plummeted headed into 2019. the company stock losing 5% hitting lowest level since february 2017. facebook on track for its
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largest quarterly losing streak since 2013. apple ceo tim cook weighing in on the possibility that congress will regulate big tech. here he is. >> generally speaking, i am not a big fan of regulation. i'm a believer in the free market but when the free-market is not working and it hasn't worked here, i think it's inevitable there will be some level of regulation. >> the president has set us much making it very clear that he is not thrilled with monopolistic powers are what has forms and technology. listen to my report three times a day on the salem network. >> and battled election supervisor florida has produces suitable ending.
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snipes has resigned. facing criticism for failure to comply with the florida law after years of being competence. president trump called for her to be fired. her resignation takes effect, she's a lame-duck. her resignation effective in january. joining me now, social media superstars president trump's most loyal supporters diamond and silk. good to have you with us. let me ask, will there be national left-wing media focus on the fact this president has achieved a terrific victory for the u.s. senate enlarging the gop majority? >> they should focus on that but they're not. what the focus is throwing the racist word round or someone is being racist towards me. i love so thrilled that jack
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mashes stepping down. she should've been fired. if you look at what she did in this process is what they're trying to do they were doing a rehearsal preparing for the 2021 run. i don't care what side of the aisle you're on to look at that. and you break election loss and not answer questions that should be answered you're trying to take something. she should've been fired a long time ago. >> governor elect desantis saying she would not be seeing another election. i'm amazed they put up with the shenanigans, be a very kind, the cheating and stealing and that elections office as long as they did. let's turn to the white house press corps. new rules, we can call them the acosta rules, i don't know what you want to call them in which the press corps gets to ask one
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question they get to be civil and have to be focused on their manners. what you think? >> i love it. i think if acosta wants to be respected as a journalist he has to be re- expected and respect the president. no more acting like a baby and sucking on your pacifier. you're gonna get thrown out and the press will be here again. >> if you act like a child you will be treated like a child. >> uncertainly in the presence of the united states and the white house that should come second nature to any american. let me turn to foreign policy.
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the president who has introduced the entire country and our trading partners to an extraordinary concept. balance trade, you are not going to steal from us by the hundreds of billions of dollars per year anymore. specifically that fits china. they are behaving like children and want to keep stealing and they want to think we should be subsidizing their economy and buying their products no matter the impact on our workers and corporations. your thoughts about the chinese have benefits over this insistence by the president? >> they have to stop having a hissy fit. a new sheriff is in town. donald trump and he's a businessman. you're not going to steal from us and they have to get that through their head. president trump is not going to waiver or back down. i know they're used to dealing with weak president but you have a strong president who will not tolerate.
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>> you have them putting america first. because charity starts at home, not abroad. >> thanks for being with us. diamond and silk. all the best. >> pope francis dining with 1500 people in the vatican over the weekend. there, he decried the plight of the indigent. as he addressed the crowd he lamented the poor are weeping while the wealthy few feast on injustice. injustice is the perverse route to poverty. >> up next, there could be fewer u.s. troops along our southern border with mexico. are you ready? were hearing from a general about troop levels. the caravan has arrived in tijuana.
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political the missions and date remains december 15 that all of the active-duty troops who were sent to the border could be home by christmas. despite the arrival of thousands more in caravans at the southern border in the days and weeks ahead. according to a new poll from monmouth university, more than half of the american see the caravans as a threat to the united states. in the poll released nearly a third see the caravans as a major threat in the same poll found seven in ten americans see illegal immigration is a serious issue. joining us to discuss the caravan, jim acosta's new rules on the sore loser losers in the democratic party, vince. >> nice to be here.
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>> let's start with this unexpected announcement that troops may apparently be withdrawn very quickly from the border. >> i thought an underlying principle was that we don't broadcast her intentions with our military ahead of time. we have to keep people guessing and that's not what happening. it's a bizarre message to say the troops will be away from the board by christmas. if you're looking to legally immigrate you now have a timeline by which to do that. i think that's a bit uninspired to be giving those whether or not you intend to do that. >> this lieutenant general y have not heard of before but that doesn't mean anything had to understand this was a political question of great sensitivity and he would be wise indeed to not speak to it without white house approval. in fact insisting for his own
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career that it come from the white house. >> it is an issue of sincere concern. that would be my first thought. what you're seeing if i'm making a prediction, it looks like the military is succumbing a bit to the liberal media pressure. he saw the new york times show this the troops are out there they're going to miss holidays. they signed up for national security and one of the paramount concerns is the integrity of our borders. these men and women doing the job they were asked to do yet the new york times is saying how dare they be a part of this in the military is coming to that a little bit by broadcasting everyone will be home by christmas. not a good message to send.
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>> lou: no matter what there is a serious problem because mattis is putting himself in what appears to be opposition to the commander-in-chief. it is stunning to witness. >> general mattis went to the border with christian nielsen to survey the activity of the troops. it was nice to see them out there. that's the key. the reason there on the border is to assist the border patrol. it's a tall task. if you look at this migrant caravan, that's not even the start of it. since october nearly 60000 people were arrested or turned back at the border. that's a record. that means this migrant crisis is coming every day into the united states. >> let me turn to the white house. that is the new rules announced
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by sarah sanders today, the new rules for journalists in the white house press corps. one question, behave yourself will see how things go, it is my summation your reaction to these new acosta rules? >> that's the key right there. this is jim acosta's fault. if you're a member of that press corps you're standing up alongside your fellow reporter but here's the key. jim acosta by virtue of the debate he started out by saying he wanted to challenge the president on a talking point. the role is to get information out of the president for the american people. he made it worse for the press corps because now they have restrictive rules on their
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ability to ask follow-up questions. >> one man and one organization. you go to time warner and then you go to the parent to the parent which is at&t. the reality is, were watching corporate behemoths conduct the comment conduct of a jim acosta. nobody should mistake that. were watching comcast when it comes to nbc. these are corporate journalists behaving that way. obviously at the direction of their corporation. >> if your viewers want to look at how that white house press briefing room and who gets paid by home, look no further than the first couple arose. fox has a couple of people but those are individual that works.
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what you have are washington post reporters, the first couple roofs are all paid by cnn and msnbc. those two networks are paying a huge percentage of the major figures. that's a real conflict of interest. >> and one you would think the white house would want to examine very carefully. the issue of acosta, cnn, i would just think that the press corps is beside this self all because of the way acosta behaved and did so with -- it doesn't make any sense. >> one lesson i take from this is the hatred for the trump white house must be so great in that room that they're willing to tolerate the insanity of jim acosta which strikes me as
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bizarre. at some point they have to say jim acosta year blocking our ability to ask questions. >> i doubt they will become self policing. >> lou: up next, more on the migrant caravan as they find out what happens in tijuana, the mexican people were too thrilled and they are the ones protesting illegal immigrants, not on the side of the border. side of the border.
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lou: last week we asked you if you believe president trump's border wall will ever be built. 63% of you said yes, and the rest no. the migrant caravan in tijuana that is facing opposition from angry residents. the department of homeland security says at least 500 criminals have been identified within the caravan. brenda snipes, the broward county, florida be election supervisor has submitted her resignation. she is responsible for
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misplacing full, 2,000 ballots. mixing in good ballots with bad ones. that's it for us tonight. tomorrow night please be with us. we'll see you then. good night from new york. trish: one of our busiest ports with mexico now reopened after being shuttered. the port of entry is reenforced with barbed wire and cement barricades. this is just a couple miles from san diego, california. the federal government says not all these people vincent. they are not all women and children. there are some bad actor there. the homeland security department warning the caravan is
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