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tv   After the Bell  FOX Business  June 6, 2019 4:00pm-5:01pm EDT

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positions to lower valuations and higher quality stocks and buy some dividends. liz: great to see you. shawn o'hara. [closing bell rings] one report, we stress one report, that mexico is ready to move on border security. as we wait, time for "after the bell." connell: some reports liz was talking about, that u.s. may delay tariffs or mexican troops moving to the border. whatever, dow is up 188 points. four days in a row gains for the dow. that is the longest winning streak since the 18th of march. s&p and nasdaq in the green for three days in a row. it has been quite a week of bouncing back. we'll see where it pose. good to be with you. i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." more on the big market movers. first here is what is new at this hour. weighing all options, mexican officials meeting at the
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white house for another round of talks looking to avert president trump's looming tariffs on mexican imports. we're live at the white house where things stand. setting the stage for 2020, a brand new poll shows former vice president joe biden leading trump in a key state. how can the president regain steam if you trust the polls? blocking robocalls before they hit your phone. the latest move by the fcc to crack down on scammers and rid consumers of pesky calls. connell: that is for sure. get rid of those things. fox team coverage of all the stories. gerri willis at new york stock exchange, jeff flock keeping a close eye on the action and there has been plenty of it on oil at cme, and jackie deangelis back at white house with the latest on mexico tariff talks, with some reports swirling about those talks, jackie, let's start with you. reporter: good afternoon, guys. that is exactly right. talks continue today, second day here.
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some progress was made as president said but mexico needs to step up to the plate. remember the president is gone. the vice president is out of town today. we vane had eyes on mike pompeo here although the state department is supposed to be involved in the conversations and the feeling i'm getting any kind of progress that is made here today would have to be sent to a higher level in order to make some sort of a final decision. now the mexican foreign secretary said earlier today after his meetings at the state department that he thinks talks are advancing. listen. >> yes i think we are -- [inaudible] we have some advances. we are going to return later to continue discussing the sell points that we proposed. reporter: president trump has been very clear he will wait for the june 10th deadline. he will impose the tariffs. he said before he is not
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bluffing. in an interview with fox news's laura ingraham that will air in its entirety tonight he also said this -- >> we're the piggy bang everybody steals and robs from, they deceive you, tariff is a beautiful thing and beautiful word if you know how to use them properly. republicans should love what i'm doing. reporter: meantime the rest of today, and of course tomorrow for negotiations to continue before the weekend and that looming deadline. the mexican delegation certainly expressed willingness to negotiate. they have been here for some time, come to the table willing to talk, open to having these conversations but it is really difficult to know exactly what will happen, what kind of twists and turns this story is going to take. we do know from the mexican foreign secretary, the talks didn't center around tariffs. they centered on the nuts, bolts, what is happening at the border. that is what needs to be
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straightened out before a conversation about tariffs can be had, guys. melissa: thank you so much. the dow on track for the first up week in seven. let's go to gerri willis on the floor of the new york stock exchange. gerri. >> it would be on pace for the longest winning streak since march 18th. let's talk about what happened intraday. stocks on the 10-year treasury yield hitting intraday high, on reports that the u.s. is delaying the mexico tariffs. there is a lot of skepticism down here whether we ultimately impose additional tariffs on mexico, mainly because it is so easy to recipro cat. we send them natural gags and other products they could immediately raise tariffs on too. not a huge surprise. even though markets did move on this mexico as you just heard is pushing for more time to negotiate before monday. dow winners today, oil lifts on this news. exxon, chevron mobile both
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higher. look at that. j&j interesting story. no headlines on the stock. traders have not her a darn thing yet up 1.7%. something is going on. we'll sniff it out and check it out. all about oil and mexico and trade. a familiar litany of things we think about, talk about on the show. back to you. connell: gerri, that is for sure. let's go to our panel on these issues. eric marshall, mitch rochelle. mitch you first on about 1000 points up in the dow in a bounceback week. gerri said there has been skepticism already whether these tariffs that have been threatened would even happen. seems like all week this has been the thought it may not happen. what is your take on it? >> the threat of it is freaking people out, the freak-out is off. this hits consumers. talk about fruits and vegetables and cars, and items consumer feels the most. since we're a consumer dependent
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economy that is what had the market on tilt. connell: eric, what is interesting, the stock market with crosscurrents, uncertainty you can see investors, they have in recent weeks overreacting to all kinds of headlines. going down too much one day. my goodness, this is end of the world, maybe coming back too much. next thing we get china related headline oaf the weekend. where are we in your view? >> this is a matter of uncertainty and i think all of the tariffs in recent weeks have really discounted that uncertainty into the market. so anything on tariffs that does give us some resolution or clarity what this is going to look like will actually be a good thing. we think the market is probably created some oversold opportunity. melissa: yeah. mitch can i ask you, this emerging theory there is a balance between tariff and maybe potentially what the fed does and some folks think that the fed could come in and
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counterbalance an impact from the tariff especially as the president talks about. you know, letting it lose on multiple fronts, whether talking about mexico or china. you know, in the past he has been, has browbeat the fed about not raising rates too quickly. then jerome powell makes comments earlier in the week, he has an eye on growth, impact of tariffs. what do you think about that? do you feel like those could be counterbalances going forward? >> perhaps as it relates to the market, think about what tariffs are doing. they are wreaking havoc on decision-making process by corporate america. not knowing where supply chains will be. not knowing if input costs are going up. so that is slowing down the decision-making process and potentially slowing down economic growth and that is the thing the fed is focused on. melissa: eric, i understand that point although there are those who already made the switch especially in the case of china, vietnam, elsewhere to back here in the u.s. and they're moving along with business with change
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that will be more stable for a longer period of time? what do you think? >> i would agree. i mean you know, tariffs are nothing more than a tax. the more taxes that we have on our economy, the more difficult it is going to be for our economy to grow. so that has tightening effect itself. so i think any resolution on these matters could, there could be some, you know, pent-up decision making that you see really take off in the back half of the year. melissa: interesting, and let loose. yeah. gentlemen, thank you. connell: talked a lot about the surge in stocks. the other market we've been really watching this week is oil, ending up 53.21 a barrel after hitting a six-month low in yesterday's trading session. jeff flock following all the back and forth. he is out at the cme. hey, jeff. reporter: just yesterday it was bear market territory for the first time. today, well, you see what happened. i'm looking at after-hours
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trade. we're close to the session highs it was the sure, the report from mexico that something may avert the tariffs t was happening before that. when we talk to traders, the what drove us to bear market territory yesterday, the big build in crude supplies a lot of people think that wasn't quite right. we have a lot of wet weather out here. floods in the midwest. people are not driving. or plows burning up the diesel. you can tell when you have a crazy trading day, because the scene in the pits looks like, i don't know, sort of a war zone. there you go, hopefully you made money even if you made a mess. connell: looks like charlie gasparino's office. >> they may be dead here
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somewhere. connell: breaking news. melissa: reporting results for first time in couple months. gerri willis. reporter: it was put up or shut up time for beyond meat. they are beating both on top and bottom line. the stock is trading higher after hours by 5%. somebody in my ear right now. what are you saying? eps coming in at 14 cents a share. expectations of a loss of 15 cents a share. a loss of 14 cents against a loss of 15 cents a share. revenues 40.21 million. handily beating expectations. the stock is up and up dramatically. people had questions about this stock. 30% of the share outstanding have been sold short. they are trading 29 times sales. 300% since it went public. big questions what this company is doing, is it going to work. i have to tell you the stock has been on fire since its ipo. the very first report the stock
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had, first earnings report since going public. one more note i think it is interesting. big debate whether they will put this product in the meat aisle in your local grocery store or over in the corner with vegan things. if they get out of the vegan department, get into the meat case they would be happer. the loss not as bad as expected. back to you. melissa: not making any money off gerri willis but thank you. connell: that is, as a stock story it has been phenomenal. it has been crazy. out of nowhere. remembering americans that lost their lives 75 years ago today. president trump honoring veterans ad normandy, american cemetery along with other world leaders. we'll bring you touching details from france after we take a break. melissa: plus keeping a close eye on how the mexico tariff situation is unfolding. restaurants with already tight margins may need to pass the costs on to consumers. so will your dinner bill get
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melissa: president trump delivering remarks in norman day today, to mark the 75th anniversary of the d-day landings. take a listen. >> today we remember those who fell and honor all who fought right here in normandy. melissa: fox news's greg palkot is on utah beach with more. greg? reporter: we are here at utah beach, one of the main fronts for the americans in epic d-day battle. just down the coast is omaha beach. casualties were in the thousands. there at the normandy american cemetery there was a ceremony attended by president trump and french president macron marking the 75th anniversary of the event. center of attention, some 50 american d-day vets. among them the greatest americans whoever lived. one of those honored, 100-year-old floyd whitfield. he stormed the shore. he told us he was scared as a rabbit but wanted to get rid of
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adolf hitler. take a listen. >> somebody had to do something. reporter: okay. >> because adolf hitler needed to be brought down. reporter: another vet, vince, he landed at omaha beach. the 19-year-old acted bravely under fire. weed is him what does he want to be remembered as? >> a guy who tried to do his best. i don't consider myself a hero. i was scared most of the time. i had, i had to act like i was brave. and i -- reporter: you were brave. >> i was just an act. reporter: to a man these d-day vets we spoke with were humble, gracious, dedicated, to soldiers and family. yes, they helped to save the world. back to you. melissa: just amazing. greg palkot, thank you. connell: really is. meantime the politics of all this, strengthening ties, president trump meeting with france's president macron after commemorating the 75th anniversary of d-day. both insisted their relations
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could not be better than they are right now. let's take a listen. >> a lot of people are anxious to see what we're going to be doing together because as you know, we know what a lot of other people don't know, we're doing a lot together and the relationship between you and i and also france and the united states has been outstanding. i don't think it has ever been maybe as good. it has been good sometimes and sometimes it hasn't been. now it is outstanding. >> we're working good together. our soldiers are working together in iraq and syria. each time freedom and democracy is at stake we will work together. connell: all right, a little dig deeper with nile gardiner, the director of the margaret thatcher center for freedom at the heritage foundation. always good to see you. the narrative about president trump he is out to kind of break up nato and ruin the whole thing and those comments would suggest otherwise. where do you think the truth is?
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>> i think the truth is that president trump is fully committed to the nato alliance and the transatlantic alliance. you have seen that amply demonstrated this week today in france but also early this weekend in london. he had a very successful state visit to the united kingdom. today he really paid tribute to the strength, the power of the transatlantic alliance and partnership this president fully believes in the transatlantic alliance. nato has been strengthed under this presidency with increased defense spending with most nato allies. more nato troops defending against the russian threat. this whole idea that president trump is breaking up the transatlantic alliance is a complete fiction. connell: okay. >> the events in normandy were deeply moving. the tribute to those very brave men who gave, who gave their
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lives to liberate europe in the defense of freedom. it was also i think a tribute to the tremendous u.s. and british leadership on the world stage which has enabled europe to be free today. connell: let's break a part a couple of those issues. number one on the nato alliance you mentioned, basically what president trump calls you know, paying your fair share, says it over and over again, we can owe it in numbers, maybe that will be the trump effect. all the talk about the fact that he hammered countries gone at them rhetorically, your point they responded. >> yes. connell: you know what, they are paying their fair share more, right? >> for the first time in decades nato countries are increasing defense levels of spending. that is result of the pressure applied by president trump. the nato general secretary in washington paid tribute to
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president trump's leadership on this issue. and you have the upcoming 70th anniversary of nato summit taking place in london in december, where president trump will reiterate this message loud and clear. he also made the message in london as well, in the case of britain they are reaching the agreed 2% minimum spend of gdp on defense. still many countries in europe don't reach the level. germany spends 1.3% on defense. >> because of that, because of that, isn't it fair to say, you say the nato alliance is stronger than ever, that the u.s. relationship on bilateral basis with the uk, especially maybe post-brexit, when there is a new prime minister in place would be quite, would be much stronger than say the u.s. relationship with france or u.s. relationship with germany, and if so, what does that mean? >> yeah, absolutely. i would say the u.s.-uk special relationship today is definitely far stronger than the u.s. relationship with france or
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germany and the special relationship with the united kingdom will grow even strongwer a new prime minister coming in late july. theresa may actually tomorrow, officially resigns as prime minister. then that begins the leadership contest and conservative party, upm comes in late july. so you know the french and germans they simply cannot compare with great britain or strength or partnership with the united states and today was a very powerful reminder of the tremendous strength and power of the u.s.-uk partnership, a partnership that liberated europe, defended the free world, defeated tyranny of nazi germany. that relationship is very much in place today, simply cannot be matched by any other country in europe. connell: that helped, as final point helped the uk? people have been, you're not one of them, a lot of people are saying the uk could be in deep financial trouble post-brexit especially if it's a hard brexit but would the u.s. relationship be a help especially on trade?
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>> absolutely. i think the uk will do just great in brexit. the united states will stand shoulder to shoulder with the united kingdom in the brexit era, especially with the u.s.-uk free trade deal championed by president in london this week. connell: nile, great to see you. >> thanks very much. melissa: playing the middleman, japan's prime minister is heading to iran to help ease tensions between tehran and washington so will it work? plus leading in a crucial state. a new poll revealing joe biden is edging out president trump in texas. marc lotter, director of strategic communications in trump 2020 campaign responds after the break. ♪ ameritrade's got that. free access to every platform. yeah, that too. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely.
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melissa: tight matchup in texas? a new poll revealing former vice president joe biden is leading by president trump by four points in the lone star
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state where no democrat has won in a presidential election since jimmy carter in 1976. we have marc lotter, director of communications for the trump 2020 campaign and former press secretary with vice president mike pence. what do you think of this. >> not much. if we believed polls, president clinton right now. president trump will be reelected with texas in his corner come 2020. melissa: what do you think going on with these polls? do you think they are only reaching a certain group? people are not saying how they really feel? what way are they not missing mark that you don't believe in them? >> the biggest thing, none of the 2400 people or people running on the other side have a glove laid against them. they're running unchallenged. they're not mixing it up with each other to a certain extent. has gotten so bad many in the mainstream media are trying to
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excuse plagiarism of all things because they're so far in the tank for the democrats and for vice president biden. trust me, when we get down to an actual candidate to take on president donald j. trump they will not be getting a free pass. melissa: but in texas? do you worry about losing ground at all in texas, even giving, given how close beto o'rourke got to, you know, got there in his campaign, even though he wasn't able to do it? ted cruz still won but he got close? >> well, but you also have to remember too, they had their dream candidate. they had everything that they could throw at in that race, unlimited resources and they still came up short. i have no doubt whatsoever that president trump will carry texas in a very big way. i was down there just a, about a month ago doing a speech with a local group in a democratic part of the state and the response of people coming out talking, saying that they used to be democrats. they always voted democrat but they support this president, i have no doubt that president
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trump is going to do well in texas. melissa: what do you think about the commanding lead joe biden has taken over other democrats at this point? do you think other ones can make it up? do you think he is doing something smart? you think it is just early? or does he become the defacto candidate by virtue how much he has bp leading it by since he got in? >> well i think at this point all the polls are meaningless. go back to 2018 and hillary clinton at this point in the cycle was destined to be the democrat nominee for president because barack obama had barely just launched his campaign by then. we know how that turned out. one point in 2008, you had newt gingrich leading. we had rudy giuliani leading in the polls at these early stages. jeb bush in 2016. so at this point it is really meaningless on both sides of the aisle. candidates are starting to get out there to identify themselves. you haven't had the first democrat debate. when they start taking each
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other on, we're starting to see that happen, people will get a new light. whomever comes out of that very crowded primary is going to face a president donald trump, who is going to be well-funded, well-organized. meanwhile the democrats will be broke, broken, will inherit a democratic national committee that can barely keep the lights on. melissa: you have to pick someone, i will not let you say no one. who do you think would give president trump biggest run for money? i know answer is none of them, but after that if you had to pick one, who is most threatening? >> i don't really pick candidates to run against. melissa: come on. >> because if i was a political operative in 2016 on democrat side most people would have told you want to run against donald trump. how did that work out for them. so throughout my long history in politics -- melissa: you're not going to take a shot at it, nothing, no? >> i'm not taking a shot at it. usually better not to pick your opponent. melissa: marc lotter, thank you.
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connell: be careful what you wish for thing maybe. restaurants meantime, some of them say they're concerned over possibility of tariffs on mexican goods, a big if the tariffs would go into place, if they do, how the move could end up making your bill more expensive when you dine out. melissa: plus sharpening your golf game with the help of artificial intelligence. this is what i need. i need any help i can get. how technology is improving players handicaps. fox business got exclusive look at callaway's research development center in california. that looks like a boon doing gel. connell: uber launching a helicopter ride, eight minutes, from manhattan to jfk. if anybody has done it can be quite the drive. reward members can book trips on july 9th. uber will continue to expand availability over following weeks and months.
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members in that industry. good to see you. there are few economic issues we can talk to operating restaurants here in new york city and around the country but these tariffs, big-time if, may not happen at all, a big deal if they do? >> it's a big deal. it is already expensive to run a restaurant here in new york city and really anywhere and if all of sudden your products are going up, you will have to pass that on. not only challenging and more expensive for the business owners but everyday new yorker or person going out. connell: look at trade with mexico. numbers are enormous. $5.9 billion in fresh vegetables, $5.8 billion in fresh food, on and on down the line. these tariffs may happen or not happen. there is a trade war going on. we talk about the china all the time. have you seen costs going up or do you avoid it in general with restaurants? >> so far when it comes to products it hasn't. foods depending going up depending what you're purchasing.
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connell: more of a concern about the future than now? >> correct. if this issue too, products like foods, they are perishable, we'll see increases of products be implemented quickly should the tariffs be implemented. connell: i saw a interesting statistic, this may be a just a new york city issue. the stat was 77% of restaurants in new york city cut their workers hours last year in 2018. that would lead you to believe you can't afford to keep paying people to work the same type hours they used to, that is a big number 77% cutting hours. what is going on in this industry beyond tariffs? >> i call it death by 1000 cuts. we have had six annual minimum wage increases, three, four years, doubling tip wage. connell: you have to pay people 15 bucks an hour in new york city. >> correct. connell: big difference from what restaurant are saying. >> sure. puts upward pressure on all other wages. if i was making $15, been in place a year or two, new entry
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level employee getting $15 an hour, guess what i want $17 an hour. connell: you pass on as restaurant or cut hours for workers. you have to make the choice, either service service for person going to the restaurant might suffer or looks like hours are getting cut. >> hours are getting cut. jobs are getting cut? connell: really? >> you go through every neighborhood, it is ugly, empty storefronts are coming up and businesses are going out, people are struggling. people talk about how we love small business, preserving our mom-and-pop shops. the same elected leaders make it difficult for them to survive. connell: everybody talks about you talk on our show how strong the economy is. are you saying it is not as strong or made out to be or is this new york city issue? >> there are different arguments to any point, go in any restaurant or small business in
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new york city, you talk to the owner, going on the diatribe expressing frustration, taxes, wages, changing mandates create so much liability, you can be sued for everything. we don't need special handouts. we want fair and equitable regulation. for people to care we're creating bills of dollars in revenue for the city, creating jobs, opportunity for people, mind you that may not have opportunity elsewhere in the workforce. connell: talk to colleagues, people working in similar positions to associations in other states, andrew, come to florida, it is better or north carolina? is it just new york city? >> everywhere, every day. we have some members i can't tell you saying i'm done with new york city. i will go to another city, open up a restaurant. or he roll out the red carpet. thanks for creating a great restaurant, employing people locally, creating a great place for our local people to go eat and drink. it is so frustrating because people think of new york city as restaurant capital of the world. it is becoming the headache capital of the world. old joke, my grandfather used to
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say, how do you make a small fortune in the restaurant industry? connell: how? >> you start with a large fortune. connell: funny guy, your grandpa. >> old school mentality. we need to support business owners. do things not making it more complicated or more expensive not just for business owners, everyday new yorkers, overday tourists getting a bite to eat or something to drink. connell: couldn't cost a arm and a leg. andrew, thanks for explaining it. melissa. melissa: amen. all in the hips, or is it? the callaway golf company is using artificial intelligence to help improve their club heads. the redesigned clubs have helped professionals win 18 tournaments. you can take a few strokes off your game. fox news's robert gray is in el segundo, california with the latest. reporter: guys, that's right. computers may not only make you smarter but help your handicap in golf. check this out.
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now i'm here with the callaway epic flash. the first golf club designed using artificial intelligence. fox business got exclusive access to go to headquarters to see the process how they designed the club, brought it to market. they use a giant robot with serious swing, 110 miles per hour, crushing drive after drive. they use humans to test the prototypes as well. we went to the shop floor to see where prototypes are made. head of research and development said they could teach a robot to radically redesign a golf club. >> we have advanced tools to simulate a collision with a golf club and golf ball. we added artificial intelligence to computer simulations so computer learned how to design a golf club itself. that required new investment in software, new people, a new supercomputer in order for us to crunch of bigger data sets.
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reporter: there is attention on this club because phil mickelson will tee it up to win the u.s. open to complete the career grand slam. back to you. melissa: see him do it. nice. connell: a little more follow through but not bad. melissa: nice. they fool around with golf clubs for a living. by the way i'm going to pebble beach. connell: i know. melissa: not that i was teeing that up. i am going to pebble beach. i can't wait. we'll see callaway clubs and everything. connell: that is next week. the show is live from pebble beach. melissa: i can't wait. i will swing those clubs. well, maybe not. there you go. connell: downplaying differences. president trump drawing comparisons between the u.s. and france when it comes to iran. are we really on the same page? we'll talk about that. the japanese prime minister set to visit iran as tensions with the u.s. certainly remain high. potential fallout from that after the break. ♪ orlando isn't just the theme park capital of the world,
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connell: another look for you here at beyond meat. this stock has been crazy. it is soaring after-hours up 18%. it had better than expected numbers. the quarterly expected revenue was above where wall street analysts expected it to be. the first time it reported results since going public. everybody seems to be talking about the stock.
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california-based. 18% higher after-hours. melissa: finding common ground, president trump and french president macron addressing the respective positions on iran during a meeting with france today. >> i understand they want to talk and if they want to talk that's fine. we'll talk but the one thing that they can't have, they can't have nuclear weapons and i think the president of france would agree with that very strongly. melissa: joining us now is michael o'hanlon from the brookings institution. what do you think of those two kind of downplaying their differences on their position with iran? >> well they have huge differences and so, you're right, they're deliberating downplaying for the sake of what today was all about for the first place. for the sake of not preventing any small hope for progress with iran. but the night as you know has exited the nuclear deal that was negotiated in 2015. france has been a strong party supporter to that deal. tried very hard to persuade
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president trump not to leave the deal. as you know this led to really tough tightening of screws on the economic activity with iran that the united states has been continuing intensifying in recent weeks and months which has really forced a potential showdown because iran is being so squeezed so hard either it will have to cry uncle or it will have to try to get some way for the u.s. to relent. try to put pressure on us, put pressure on other world leaders to split off. the underlying strategy how to get to a nuclear-free iran is completely different in paris and washington. melissa: but i kind of want to blend into it that idea that show japanese prime minister shinzo abe will talk to iran as well to try to get them to the table i guess. what do you think about that plan? that seems sort of strange bedfellows to me? >> the japanese are not known for their middle east diplomacy. melissa: right. >> they're pretty good at the u.n. on global issues.
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they're pretty good on southeast asia. they're not very popular in northeast asia with their immediate neighbors. melissa: right. >> they tend not to go to the middle east. that is strange bedfellows. japan imports oil from the broader middle east so it has interest in this part of the world. i'm not sure the rapport to build upon. melissa: where do you think that came from? >> i'm not sure. trump was recently in japan of course. maybe prime minister abe feel he has a reading of the american president. maybe he feels there are two big things, for example, that really bother trump about iran. one is that the nuclear deal stipulations will start to come off, start to be relaxed in a couple of years, that was a temporary deal for most of the restrictions. secondly iran is so activist around the region in syria, in yemen. maybe abe thinks he can find a formula that allows a compromise. that is pretty hard because of course what president trump talks about needing completely new approach or regime in
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tehran. the current u.s. policy dictated by secretary pompeo is adamant against iran's current behavior on eight or 10 major activities iran conducts. >> right. >> i don't see compromise based on one or two clever ideas but who knows. melissa: i mean i don't know what the endgame could possibly with iran. i guess maybe the best we could hope for not being aggressive in the areas where they are currently as nating people. mike pompeo said they could stop assassinating people every day around the world. they could stop sponsoring terror and actively take money they're getting from countries like france, actively getting money during the deal, using it to fund terror. that was not something that the u.s. could live with. but i mean, so they could dial back on that. but beyond that, what do you
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think can really happen here? >> if you really wanted to make a compromise with iran, look at the basic positions of the two sides. i think you could say take the 2015 nuclear deal, all the provisions lasting eight or 10 years, make them permanent. so iran could have small scale nuclear activity, not enrich a lot of uranium, not have a lot on hand, not permanently agree to move towards the bomb. not in terms of a formal declaration, but in terms of enrichment facilities, number of centrifuges. melissa: how would we know? >> the we have pretty good monitoring. that part of the nuclear deal is not a problem. the problem is them doing nefarious things in other regions. melissa: they never had anywhere anytime inspections. you would have to have evidence but how would you have evidence before they went and looked. people came and look collected their own samples in spots. there was not effective monitoring? >> no, there has been, still is
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actually. that part of the nuclear deal is still intact. you're right to worry, what do iranians do we don't know about? what third or fourth or fifth site might exist? the current arrangement could be if we develop a suspicion we could send inspectors. they don't prevent any activities happening in secret laboratory. you have to get intelligence where the secret laboratory is. then you have the right to demand inspectors be allowed to go there. that is still working. but it doesn't last indefinitely. melissa: we'll disagree on that. you can't go inspect. i don't know how you would know what is happening in the site. >> we found things over the years but sometimes you're right. you're right to be suspicious because iran hasn't always told us where the sites would be. we had to get information from dissident group or satellite reconnaissance. that we can look. that is the way the basic deal is constructed. it hinges on our intelligence to pick up any cheating, then send
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in inspectors after. melissa: michael, thank you. connell: breaking news on mexico and the tariffs. the white house deadline imposed of monday for the tariffs on imports from mexico we're told has not changed. this from a statement coming sarah sanders, white house press secretary. in the statement she says we're still moving forward with the tariffs at this time. that is the messaging from the white house. we're still moving forward, monday tariffs. melissa: that was going back and forth there might be a deal. we heard reports earlier today it was done. and then, maybe it is not done. so this is the official statement from the white house at this hour. so we'll see where things are headed. getting closer to hanging up on robocalls for good. the fcc authorizing phone companies to automatically block unwanted calls. details you need to know next. ♪ fisher investments tailors portfolios to your goals and needs. some only call when they have something to sell.
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connell: to the crackdown on those pesky robocalls. the fcc voting today to allow phone carriers to just block
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suspicious calls by default. susan li in the newsroom with the latest. susan: after pressure from both customers and senators, the fcc getting tougher on robocalls, today enacting a new rule that allows phone companies to block robocalls before they even get to your phone, whether it's a land line or your mobile. but you have to opt into the services on your carrier. don't forget that. the chairman ajit pai saying it's an issue with bipartisan support and this action empowers providers to protect consumers from unwanted robocalls before those calls even reach the customer's phone. robocalls reach a record 5.25 billion, billion, in the month of march. the new rules that have been enacted including this senate bill that makes robocalls illegal, might enforce carriers to adopt new call blocking technology, so the number of robocalls has been falling down to 4.7 billion in the month of may but still, that's 150 million each and every day. i get two each day. can you believe that?
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melissa: no. connell: 150 million, two go to susan li. you do the math. anything they are doing to get rid of them, we're in favor. you like that app. melissa: good stuff. thanks for joining us. connell: "bulls & bears" starts right now. david: vice president pence taking questions right now in the ongoing negotiations with mexico. let's listen. >> we began last fall to implement what's known as the remain in mexico proposal. at this point, we are returning hundreds of people back to remain in mexico while their asylum applications are being processed. but we spoke about that, we spoke about other arrangements, but the bottom line is we made it very clear that mexico has to step up, they have to do more, and they have to do more quickly. the american people see what's happening at our southern border. as i talk to border state governors, the heartbreaking

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