follow me on twitter and insta graham @loudobbstonight. good night from new y we reach an agreement in principle between us. >> progress is being made with this committee. just so you know, we're building the wall anyway, though we probably have good news but who knows. cheryl: who knows what's next for the shutdown showdown as lawmakers come to an agreement on border security. does it include enough to get president trump's stamp of approval? we've got details of the agreement. gerri: can an agreement be reached in beijing. u.s. and chinese officials enter day two of trade talks as the march 1st deadline looms. one u.s. official says that deadline will not be extended. cheryl: a short circuit for the burger flipping robot taking

over jobs. the new plan to punish companies who hire robots instead of humans. gerri: let's take a look at how your money is doing this morning. the dow is up 165, the s&p us 15, the nasdaq up 48. cheryl: nice to see the deal on border security for now. the dax is up more than 1%. gerri: asian markets higher as well. let's take a look. the nikkei up, shanghai up, "fbn: a.m." starts right now. cheryl: 5:01 a.m. in new york. it is tuesday, february 12th. good morning. i'm cheryl casone. gerri: good morning, i'm gerri willis. cheryl: congressional negotiators reached a tentative agreement to he prevent a second government shutdown. it calls for 55 miles of metal slats or other types of new

fencing along the border. it would be built in the rio grande valley in techs as. gerri: the deal was reached just before president trump's big rally in el paso, texas last night. listen. >> progress is being made with this committee. just so you know, we're building the wall anyway. just a few thousand feet as an example from where we stand right now on the other side of the border, it's one of the most dangerous cities in the world, juarez, mexico. thanks to a powerful border wall in el paso, texas, it's one of america's safest cities now. for those few people that are out there on television saying it didn't make too much of a difference, people from el paso, am i right? [ cheering and applause ] gerri: nearby, former el paso congressman, beto o'rourke, held a counter-rally.

>> the walls do not save lives. walls end lives. in the last 10 years more than 4,000 children, women, and men have died trying to come to this country. gerri: details of the tentative border deal will be officially released later today. cheryl: for more on this, let's bring in reporter anders hekstrom. i want you to listen to what president trump told laura ingram last night because there's questions about what is next. listen. >> we'r we're building it right. we don't say build the wall, we say finish the wall. we built a lot. we're renovating old stuff that was in bad shape. we're saying finish the wall.

the wall is very important. cheryl: he's saying it's very important. will the president accept the lowered amount that's been reached. he didn't comment too much last night. he was just briefed on the deal before he took the stage. >> we're not really sure. we're not sure what an agreement in principle necessarily means. reports say it's about $1.4 billion with the limitations that democrats want to impose on i.c.e. and if trump p p iis forced to sign that dead he may be forced to sign the deal, it will be a pretty big defeat for the president and for republicans in general. you know, you look at where president trump wanted to be arguing. you know, his whole wall costs about more than $20 billion and republicans went into the first shutdown asking for just $5 billion of those. and they lost that fight. democrats are willing to give them 1.4. if trump p is forced to sign this deal it bill a major defeat for him. he doesn't have many

alternatives. republicans in congress really sort of flaked out on him. you saw at the end of the last shutdown, six republican p repun senators voted for a democratic bill to end the shutdown. they can really push republicans a lot further than republicans can push the democrats. republicans definitely broke first and nancy pelosi he realized that she could make republicans break first. they don't want the wall as much as president trump does or much as democrats want to avoid a wall. cheryl: i think it's interesting to say he will be forced to sign this no matter what. i don't know that you can force president trump to do anything in his life. i want you to listen to senator lindsey graham. he was talking about this exact topic. >> i know the president will never sign a bill that caps bed space for violent offenders because that's crazy. it's dangerous. cheryl: what he was talking about there was the issue of the beds and increasing detention

capacity and that would actually speed up the deportation of illegal immigrants. the bed issue was something that the democrats were fighting for. it seems like they lost that argument in this deal. >> yes, yeah, that's quite possible. i think the -- the only way trump can avoid signing the deal israel locating resources with executive authority and that doesn't necessarily mean declaring a national emergency. there are other ways the president can reallocate resources like within the department of defense, for example, and that's one way that he may go about getting around this deal the democrats have tried to force on him. but the traditional routes that we've been talking about the last couple weeks, like saying okay, just forcing another shutdown, with the existence of this deal, any shutdown that trump might force would be blamed on him and it wouldn't go very well and also any attempt to do it through a declaration

of a state of emergency would get held up in courts for months or even years. cheryl: nobody wants to say the words shutdown showdown anymore. thank you very much for being here. great to have you. gerri: all the attention yesterday was on border security as we were just talking about. president trump had another reason to crow about the country's strong economy. listen to this, a new gallop poll shows a vast majority of americans, 69% are optimistic about their personal finances. that's the highest level in 16 years. fox news' laura ingram asked the president about this. >> we have a country that's doing the best it's ever done. we are just lapping the world. used to be like we were a second sister to china. now china is looking up to us. we are doing so well. and other countries are not doing well. gerri: lapping the world. the poll finds that 50% of americans believe they are better off today than they were a year ago.

cheryl: there is a cautious optimism on wall street about the trump administration settling the trade war with china. treasury secretary steven mnuchin is heading to beijing for talks on thursday. this is the last schedule' scheh level meeting before a new round of tariffs go into effect march 1st. there is a report that trump's advisers are discussing the possibility of holding a summit with chinese president xi jinping at mar-a-lago. that would be after the march 1st deadline, so -- gerri: a lot going on there. traders watching it intensively. chicago city leader fighting back against big companies like amazon and robots. tracee carrasco joins us with more on that. good morning, tracee. tracee: chicago's maya pamar will introduce ordinances. she is proposing a robot tax

that would levy a big penalty, possibly equal to the salary paid for every job automated. it would go towards workforce development and social services. the other ordinance would claw back taxpayer subsidies given to companies that relocate in chicago in the event that automation causes the number of jobs created to fall he below the number promised. cheryl: everyone's getting into the amazon debate. toys r us making a pretty big comeback it sounds like. tracee: possibly by the holiday season this year. they are trying to form a new entity called true kids. he details are scarce right now. the new company is exploring a number of options including free-standing stores, shops within existing stores as well as e-commerce. however, some toy maker whose are still owed money after toys r us liquidated are skeptical over the management team as these are some of the same leaders and financial partners that led the p compan the p comg

its demise. gerri: plans to send people to mars are off? tracee: mars one said it would send people to mars in a reality tv style mission, they've filed for bankruptcy. the project was dubbed the interplan trplanetary fyre fe. they hoped to get the mission off the ground through donations, private investors and marketing. it's unclear how much investors may have lost. cheryl: the fyre festival, it was a scam. they're calling it a big scam. tracee, thank you very much. let tas a look at -- let's take a look at futures. we've got a tentative deal for an agreement on border security. you've also got optimism about china and the u.s. gerri: fingers crossed. cheryl: do yo dow is up 162.

powerful winter storms slamming the u.s. from the northwest to the northeast. across the country, folks. what you need to know for your morning commute. and a freshman democrat feeling the pressure from nancy pelosi. her about-face over comments many are slamming as anti-semetic. you're watching "fbn: a.m.." ♪ she was a young american. ♪ young america we're finally going on the trip i've been promising. because with expedia, i saved when i added a hotel to our flight. ♪ so even when she outgrows her costume, we'll never outgrow the memory of our adventure together. unlock savings when you add select hotels to your existing trip. only when you book with expedia.

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i thought he was with you? no jack! (sfx: piano plays "twinkle twinkle little star" tommy? (sfx: audience laughing) don't stop. keep playing. (sfx: pianist playing masterful duet) here we go here's the fun part gerri: just over two-thirds of the companies in the s&p 500 have reported their latest quarterly results with earnings coming in well above expectations but investors concerned after some companies lowered their guidance for the current quarter, that's the first quarter. among the companies reporting today, we've got under armour, momolson coors, trip advisor, gw upon, a lot of -- groupon, a lot

of consumer names coming up. doug joins us now. good to see you. i know you don't want to talk about individual companies. that's fine. let's talk about what we expect out of these -- some of these consumer names. what will we hear about the strength of the u.s. consumer? >> i think the consumer's strong. i think the issue, though, what you're going to see as we get to the tail end of earnings season is retailers just have it tough. you're competing on multiple fronts and you may actually make sales numbers but you end up disappointing on the earnings side because of profitability. it's nice to see sales growing and that's something that we saw in december. but if you have to give away the sales, that's not a good thing. that's what we find out in earnings season. gerri: that's an interesting point. because we've seen 71% of s&p a 500 companies beating on the top line. 61 -- on the bottom line, that is. and 61% beating on revenue. so revenue has been the hard thing here, particularly for companies that do business in

china. earnings up 17% year over year, beating expectations. but the game is really first quarter, right? what are you expecting there? eyes are rivetted, focused on the kinds of forward guidance that we need to hear. >> yeah, one i would say it's not unusual for companies to come out this time of year and sort of set the bar low so they have achieveable expectations. companies guiding down or mentioning concerns about the economy or about trade tensions or whatever it is, i think it's totally normal. that's what ceos are paid to do. you want to set the bar at achieveable levels. the good news is, if we go into first quarter earnings season, so this would be coming up in march and april, right now expectations are for flat earnings. so that's a very a achieveable target for companies. gerri: that will be easier. >> my guess is they surpass it. gerri: now let's talk about

today. what are you expecting in the markets this morning as we sort of digest news about possible deals coming in washington and questions about the deal with beijing. >> yeah, i think the s&p's in this digestion zone. so we had the real sell-off in december. we had the bounceback in january. that bounceback was very strong, recovering basically about 90% of the december selloff. so that's a real good market sign. the fact that the digestion process has been side ways movement rather than retracement i think is a really good sign. my view is it's more likely that we retest the october highs than going back and retesting the december lows. gerri: i love that idea. that's good news. doug sandler, thanks for being with us today. great to see you. >> you're welcome, gerri. cheryl: something you don't see every day, a car wedged between a concrete barrier and a semitrailer. you might want to stop what

you're doing to learn more about this miraculous story of survival. and who says sports betting was just for sports? how movie buffs are getting in on a piece of the action. you're watching "fbn: a.m.." ♪ there's something in the air in hollywood. ♪ i left my rea reputation oh, wow. you two are going to have such a great trip. yeah, have fun! thanks to you, we will. aw, stop. this is why voya helps reach today's goals... all while helping you to and through retirement. um, you guys are just going for a week, right? yeah! that's right. can you help with these? oh... um, we're more of the plan, invest and protect kind of help... sorry, little paws, so. but have fun!

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we're working to make things simple, easy and awesome. gerri: powerful winter storms slamming the u.s., making for a messy commute for millions of folks. cheryl: senior meteorologist janice dean is here with all the late e. latest. janice: across the upper midwest, the northwest, still getting pounded with more snow

and coastal rain and here's the event that's going to mess up travel across the northeast and the great lakes and the upper midwest. we have an ice storm warning in effect for chicago, meaning that accumulating ice on the roadways and power lines will cause some problems and snow is starting to fill in over parts of new jersey, towards new york. the flooding threat is worth mentioning. we could get several inches of rain out of this and flash flooding potential. new york city area, we could get 1 to 3 inches but it's going to be very messy as we go through the afternoon as we have a line of freezing rain and/or sleet that moves through long island, upstate new york, pennsylvania and connecticut. we could get accumulating ice. that's why there's school closures. even though it's not going to be a blockbuster storm in terms of heavy, heavy snow, we do have the potential for ice. interior sections, we could get

upwards of close to 2 feet of snow, depending where you live across the mountains. 2 to 3 inches in new york. 1 inch around philadelphia. 4 to 10 inches, really depends on where the line is of freezing rain and/or sleet will set up. we're getting ice involved, that's why we are cautious and this could be a big storm in terms of travel delays and travel problems. northwest, another round of rain and mountain snow for you and this is going to bring the potential for several feet of snow, several inches of rain a long the coast and then all of this energy is going to move in towards the central u.s. so a very busy week in terms of weather across much of the country. ladies, back to you. gerri: janice i'm ready with my boots. janice: good for you. gerri: thank you for the warning. cheryl: we're prepared. let's get you caught up on what else is happening this morning. president trump weighing in on

the controversy over tweets from freshman democratic congresswoman ilhana maher. she said she should be ashamed of he what she said. she points out the i' influencef lobbyist money in politics. nissan's former chairman, carlos ghosn, remains in jail. nissan dropped their expected operating profit to $4 billion. the company disclosed a charge for $83 million related to deferred compensation promised to ghosn. ghosn accused of under-reporting his salary, among several other charges. he is denying all of these allegations against him. and amazon announcing that it's buying wi-fi start-up ero. ero's mesh routers help combat wi-fi dead zones with devices you can place around your home. the latest acquisition from amazon, they're digging their

feet into the smart home business. no word on how much amazon is paying for ero. finally, check this out, a driver in ohio, this is incredible, miraculously survived this crash. the driver's car pinned between a highway barrier and a semi. the fire department posted these remarkable photos. some how, no one was seriously injured. icy conditions likely caused the crash. can't believe somebody survived that. gerri: amazing. just amazing. and still ahead this morning, a warning from the irs that your tax returns may be less than you're expecting, your refund. the treasury department is fire back at the claim. which report can you trust? if your new year's resolution was to drop a few pounds, google -- listen to this -- may have a new way to let you know you're on track. you're watching "fbn: a.m." cheryl: great.

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cheryl: global action this morning, that deal that was a tentative deal reached for a border wall, that was part of the reason you're seeing markets actually moving higher this morning in the premarket, anyway. dow up 177, s&p up 17 and-a-half, nasdaq up 57 and a quarter. taking a look at europe this morning, same story. you've got positive reaction to really the global news, positivity about china and the u.s. maybe coming up with some type of trade deal. taking a look at asian markets, as you can see, the nikkei in japan up more than 2.5% this morning. gerri: chinese media reporting david malpass said the march 1st deadline would not be extended.

negotiations are underway in beijing right now with deputy level meetings. that will be followed by high level talks later this week. tori whiting is a trade economist at the heritage foundation. welcome. great to see you. let's start with the malpass headline. this may be a surprise to some of the traders on the floor of the new york stock ebbing change who were hopeful last week that it might be pushed out and that negotiations may be progressing faster than we imagined. what have we gotten this week so far in these conversations between these lower level officials and the negotiations that are already underway? >> well, you point out one of the most important points here, and that is that these meetings that are happening right now are precursory meetings before the real decision makers come into the desk. the people who are going to be making the decisions on these negotiations are bob lighthizer and even all the way up to president trump. so while it's important to pay attention to what's happening

during these premeetings, i'd really pay more attention to what the principals are saying about how negotiations are going. gerri: i think that's interesting. you say it's going to take trump, it's going to take president xi to come to an agreement here. at the end of the day, will they meet? we've been reporting that there could be a meeting at mar-a-lago, at trump's estate in r florida, or possibly the chinese seem to be extending an invitation possibly to trump in beijing. will we have another meeting of the principals in short order and can they beat that march 1st deadline? >> well, it's possible that president xi and president trump could meet in the near future. the administration's made it pretty clear that's not going to happen before march 1st. there's been rumors that the march 1 deadline could get extended for another 60 or 90 days and i think that's pretty wise. we've been saying for weeks here that this 90 dated line should be part of ongoing negotiations

between the us and china. we're not going to solve world 0hunger in 90 days. it's a process to make sure we are getting measurable gains between the u.s. and china and focusing on the crux of thish shiewsm it's no -- issue is. it's not the trade deficit. it's tech transfer, investment, rule of law. gerri: so many issues on the table, obviously, tori. let's talk briefly about the economic implications if we don't get a deal on march 1st, our tariffs set to reset to 25% on some $200 billion worth of chinese goods from from 10%. what happens in the world economy if that happens? >> trade partnership worldwide came out with a study last week, i'm not sure if you saw it. they projected if the tariffs go up to 25% in the united states it could result in up to a million jobs being lost over three years and that's major economic impact, billions of dollars impact on the u.s.

economy. i think we've seen hints of that. you see these in growth numbers, deceleration of growth. growth is still great. we need to make sure our trade policies are helping our pro growth agenda. gerri: tori, thank you so much for coming on. >> thank you. cheryl: let's keep the conversation going. investors around the world are closely monitoring the u.s./china trade talks. hank smith is here. how important is this deal to the markets, especially if that march 1st deadline as they were just discussing is pushed back? >> well, i think we see it almost every day how important it is. when there are rumors that the trade talks are going well, the stock market goes up. when there are rumors that they're at an impasse, the stock market goes down. so it's extremely important that this gets done and even if it's extended for a few more months, that's not the end of the world either. we just -- the market needs

reassurance that they're progressing on the right track and that ultimately a trade deal will be reached and the details aren't terribly important. we just need to get the tariffs off the table. cheryl: so the tariffs, but at the same time there's an an niee market watch this morning that there could be a deal made but it's going to be a bad deal because china can't afford to agree to the demands of the united states. remember, they aren't going to really play ball. we'll get a deal but not a great one. >> well, i think both sides will say it's a great deal. so a lot will be in the perception of that. but let's step back for a moment. the ultimate goal of this administration is to have a world with no tariffs. now, the way they're getting there might be a little unconventional. while this entire administration

has been unconventional. but that is the ultimate goal. and if trump wants to become a two term president, it is crucial that he gets tariffs down because that will start to reaccelerate the global economy and the u.s. economy and the timing could be pretty good into the second half of 19, into 2020 from a political point of view. cheryl: ceos have to watch this unfold. tim cook, ceo of apple coming out with a statement i want to show it to you real quick here. i think it's telling of how most ceos feel. both sides are talking. that's the essential to reaching an agreement. it's in both party's best interest to come together. it's a hopeful statement from cook. >> yeah, absolutely. this is so self-induced in the sense that we had business investmeninvestment and ceo cont elevated levels in the first

half of '18. that all evaporated as trade rhetoric turned into actual tariffs and the threat of a trade war. you start to reverse that ceo confidence, picks back up, so does business investment. cheryl: all right. hopefully the markets will pick up as well. hank, thank you for being here. we appreciate it. gerri: the fda exposing dietary supplement companies for false advertising. tracee carrasco joins us with more. tracee: the food and drug administration accused 17 nutritional supplement makers of selling more than 58 products with false claims that they can prevent, treat or cure serious diseases including alzheimer's. the products were primarily sold online and marketed on websites and social media. the companies have 15 business days to explain how the violations alleged by the fda will be fixed or that could face further enforcement. supplements aren't regulated like medicines and other

products to improve health. cheryl: i love this story, google could tell you if you've gained weight. dtracee: google reportedly developing smart shoes that could warn you if you're putting on weight. google's healthy division is said to be designing footwear embedded with sensors that can tell how much the user weighs and monitor their activity. they could have the potential to warn of congestive heart failure, a symptom that could be seen through sudden weight gain with fluid retention. they could be programmed to detect falls which could appeal to older customers as they could send alerts to family home betters or caregivers. gerri: legal sports betting, now what can people bet on? tracee: for the first time ever, new jersey opened up sports betting establishments to legally accept wagers on the

91st academy award winners. some are taking bets on a few categories like best picture, best director, best actor. the ne new jersey department of gaming is trying this oscar betting as an experiment limited only to this year. so parks i've seen roma leading the way with best picture on some of these betting sites. cheryl: interesting. are you going to bet? tracee: no. i think you've got to be in new jersey. cheryl: all right. tracee, thank you. gerri: drive over the bridge. it's not unheard of. coming up, th the gridiron over kyla murray giving up $4 million. is he giving up baseball for good? we'll show you something in basketball we haven't seen in more than 50 years. you're watching "fbn: a.m.." ♪ i can testify. ♪ come up in the spot, looking extra fly.

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cheryl: the cleveland browns created controversy on monday. gerri: jared max is here with the details. >> just three months ago running back kareem hunt was released by the kansas city chiefs after a video published by tmz sports shows the second year football running back shoving, kicking a woman back in february. while no charges have been filed and hunt was not arrested, the nfl's leading rusher from 2017 as a rookie signs a one year

contract with his hometown cleveland browns. who in a statement said we fully understand, respect the complexitcomplexity and questiod issues in signing a player with kareem's history and do not condone his actions. we believe he deserves a second chance. it was a record-setting night in the nba monday. the new york knicks lost their 17th straighter. russell westbrook of the oklahoma city thunder broke will chamberlain's record, recording a ten tenth straight triple dou. they beat portland by ninth. phil mickelson completed his play on monday day. first win on american soil for phil in six years. his grandfather worked at pebble beach when it first opened in

1919. the nfl and the mlb, heisman trophy winning quarterback, kai lettekyler picked football. he had signed a $4.66 million bonus with the oakland a's. he has to give most of it back but gets to keep $210,000 reportedly. garth brooks reported a pittsburgh pirates springs training on monday. he is raising money and awareness for his teammates for kids foundation. still playing with the kids. gerri: i love that. yeah, lefty. i have to say it. he got caught in that big storm pebble beach over the weekend. >> 4 44 career wins for phil mickelson. gerri: amazing.

count the rings. thank you, jared max. you can catch the sports reports on fox news me headlines on sirs 115. cheryl: we're looking at a positive start to the trades day, the s&p it up 16 and-a-half, nasdaq up 53. we may have averted the shutdown number two, investors liking that this morning. coming up next, venezuela will take to the streets today to keep the heat on president ma rush dough. and big -- maduro. and big changes coming to barbie, mattel is bringing her into the 21st century. you're watching "fbn: a.m." ♪ girls, they want to have. ♪ oh, girls just want to have fun. as a fitness junkie, i customize everything - bike, wheels, saddle. that's why i switched to liberty mutual. they customized my insurance, so i only pay for what i need.

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gerri: welcome back. a good day for your 401-k, u.s. futures all now higher, the dow up 177, the nasdaq up 54. today is an important day for venezuela as opposition will attempt to bring in humane tearan aid provided by the united states across the colombian border. president maduro ordered his military block the aid coming into the country as venezuelans are expected to gather to demand his resignation. president trump is looking to prioritize development of artificial intelligence. the plan comes after china and other countries have pledged big investments in these tech enologist. home exercise company, peliton, is reportedly meeting with banks this week about an initial public offering. according to the wall street

journal, they're shooting for an ipo sometime this year and a valuation above $4 billion. the company known for its video streaming exercise bike and other equipment. and finally, the new line of barbies is inclusive to people with disabilities. one doll comes with a removable prosthetic leg and one of the most requested items has arrived, barbie with a wheelchair. take a look at the picture. the new doll can roll up to barbie's dream house on a wheelchair accessible ramp. cheryl: good for them. the treasury department is pushing back on claims that tax refunds for 2018 are smaller compared to last year. the irs tweeted about it, saying, quote, news reports on reduction in irs filings and refunds are misleading. refunds are consistent with 2017 levels, down slightly from 2018, based on a small initial sample

from only a new day few days of. will more taxpayers see disappointing refunds. let's bring in dominic. dominic, good morning. these numbers, these initial numbers, it's neral the filing e filing season, the average refund is down 8.4% from last year. so far, again, it's early, we are seeing a decrease. do you think that these numbers are going to get worse for americans and do you think it's going to hurt the economy when we don't get this sympto stimulm larger tax refunds. >> we've had 12% less filings year-to-date than we did a year ago. the irs is hanging its hat on that as other returns come in the averages will get better. the truth i is they won't get better and people will be disappointed. cheryl: do you think the tax act will help as many folks as

previously thought or reported. >> an estimated 80% of americans will get a tax cut but that's not how american taxpayers measure their tax liability. they look at that refund and as we know, americans love that refund. the irs adjusted the withholding a year ago so people have been getting their refund a little bit every single paycheck, 10, 20, $40 a paycheck. they'vthey've gotten it throughe year. cheryl: maybe a lot of americans didn't think to change their withholding. so that's why they're getting the shock now or they're about to get the shock when they file. the other big talk is about the salt deduction. if you live in a high tax state, get ready. that's where the real pain may be. correct? >> it will be real pain. an estimated 80% are going to get a tax cut in total taxes due but an estimated 10% plus or minus are going to have a larger liability. remember the state, local tax,

real estate tax deduction will be capped and when you look at high tax states, new york, new jersey, connecticut, illinois, california, not only are you dealing with very high real estate taxes, but you're also dealing with high state taxes. you're pretty much losing the majority of that deduction. cheryl: i want to leave it on a more positive note. there's a new poll that says americans are feeling more positive about their financial picture and 69% say they expect to be financially better off at this time next year. do you think that number could change as we get into the heart of the filing season and the refund or lack of refund season which is going to be -- >> as we follow job data, we see every month we have incredible job numbers, we've seen increases in pay for the first time in a long time. so people are feeling more confident. we might see a little blip out there with these refunds. people count on those refunds for buying cars or paying down credit card debt n the short run, we may see a bit of a blip

in consumer confidence and spending. cheryl: i say this as a football fan of the cowboys, there's always next year. dominic, thank you. >> i'm a jets fan so -- cheryl: you do the same thing. dominic, thank you very much. gerri.gerri: taxes, yuck. cheryl: i know. this is the year it's going to not be -- it's never fun but it's really not going to be fun this year. gerri: coming up, 45 days until britain is set to leave the european union and still no deal in place. prime minister may ahe' addresss parliament today, carrying one message. toughen up. ♪ guidance from above. ♪ question me, where is the love. tle busy transforming your call center. dealing with millions of customers a year, like this one. no, i'm pretty sure i didn't order a squirrel playing a guitar. that's why you work with watson. it works with your systems to resolve calls faster and improve customer satisfaction.

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>> prime minister theresa may addressing parliament today looking for more bargaining room to reach brexit deal with the european union, craig, senior market analyst joins us from

london, good morning, craig, will parliament give may more time to reach an agreement? >> i think they will because some of the noise we are hearing from brussels are positive. we will give you the next couple of weeks to secure it. i don't think she would be given more than that. one month for brexit. cheryl: what does that look like parliament taking control? >> well, that means that they charge of negotiations and try to control the direction and likely means a softer brexit, putting an end to proposition of no deal, probably calling for an expension -- extension of exit. >> something that people will welcome, secretary mnuchin heads to beijing to trade talks with

china, can higher tariff chinese goods be avoided at this point? >> i think they can and i think they'll be a strong push on both sides to do that. i don't think it'll necessarily come by a deal immediately. i think more market expectations are for the truce to be extended beyond the 90 days because shows optimism and desire on both sides and 90 days is too short period of time. >> what are the expectations? at least it would be the high for investors. that wouldn't affect global markets, you don't think? >> well, the details of the deal in a strange way aren't that important to investors. what investors want to see tariffs being imposed being dropped and it's expected to

slow down in chinese economy and impact. >> that's what i keep hearing from investors, i don't care about the deal, i want something signed and move on. cheryl: craig, thank you very much, appreciate it. >> mornings with maria startles rite now. maria: good morning, ladies, thank you so much much, happy tuesday, i'm maria bartiromo, it is tuesday february 12th, your top stories right now 6:00 a.m. on the east coast. agreement in principal lawmakers reaching deal funding border security preventing government shutdown after friday. big rally in stock this morning, we are going to show you about that. then speaking out former federal reserve chairman takes aim at trump's economic policy, warning on china coming up. extreme weather making its way, bracing for snow and even hawaii is getting hit, we will show you. decision made, heisman trophy winner choosing the nfl over the mlb just days before he was set

to report for spring training, mornings with maria begins right now. ♪ ♪ maria: all right, top story this tuesday morning, lawmakers making deal, $1.375 billion for a southern border barrier running 55 miles, significant lower than what the president asked for at $5.7 billion, that was the request, this is president trump held rally last