tv The Evening Edit FOX Business June 7, 2019 6:00pm-7:00pm EDT
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no? >> amazon's bareover entry has been their distribution centers. they are the on ones that can get it next day. david: that does it for "bulls and bears." liz: president trump returning home from europe to the white house. we are monitoring anything the president says about his threat to hit mexico with tariffs this monday. as of this hour all indications are it's a go. we'll take you to the white house for that. the trump administration took the gloves off after first pushing to zero out iran's sanctions. the administration dropping new sanctions against iran on its only other economic lifeline. it's iran's metro chemical industry. that's where the revolutionary
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guard gets its money. it's nancy pelosi versus jerry nadler over impeachment. moderate versus socialists. you will not believe the name of the hard-left democrat who says pelosi, all you democrats, the entire party, answer the wake-up call. focus on jobs first, jobs first before impeachment. this as the democrats plan a new blitz against mitch mcconnell. they say mitch mcconnell is the grim reaper, the darth vader to their legislation. mitch mcconnell says i am the fire wall against the hot mess of democrat idea like single payer or green new deal. the democrat's form of socialism. mitch mcconnell is loving that
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fight. trump really going after nancy pelosi. next week we'll have a likely house vote to hold attorney general william barr in contempt. we are bringing in former independent counsel ken starr. "the evening edit" starts right now. [♪] welcome to the show. you are watching the fox business network. let's get to edward lawrence with the action at the white house. reporter: the president said the plan will go forward as planned with tariffs on mexico. he was briefed about how the negotiations are going once he got to the white house. the chief of staff mark short says the administration wants to see results before any change of course. >> it's less about the process
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of negotiations. it's more about what are the actions taken that will drop those numbers. we are on pace for a million apprehensions on our side of the border. the apprehensions on the other side of the border have been declining. reporter: he he congress has not helped helped the administration on this. some republicans are questioning the tactic of using tariffs related to this. democrats are saying the tariffs will be accentuated for americans. some products that go across the border seven times before the finished product is assembled. >> it increases the cost of a vehicle by $250. they are going to have an increased cost by $1,000.
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this could cost 300,000 jobs. reporter: the president not planning to meet so far with the secretary of torn affairs in mexico. he did leave -- ireland this morning after staying overknightley "the hill" reporting that the president is planning on declaring a national emergency to get the tariffs. we welcome john negroponte. ways your take on all of -- what is your take on all of this? >> we are coming down to the wire. the president is signaling we are going forward with these tariffs.
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he allowed the possibility of not pulling the trigger if they get the negotiating outcome they want. so you could have a situation where the tariffs would be declared but wouldn't go into effect for a number of days which might allow that much more time with negotiating with the country of mexico. i think the mexicans are making an effort to accommodate our concerns to come to an understanding on measures that can be taken to keep these people from coming into our country and helping deal with the asylum issue in mexico or guatemala and honduras by keeping the people from crossing the border from guatemala into mexico as much as they are. it's 50-50 at the moment, i think. >> any rational person would say it's not reasonable for mexico to let 100,000 people a month
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walk into the country unvetted. chuck schumer says let them apply for asee you legal in their own country. the president is basing his legal authority on the 1977 emergency power act. do you think the congress will override his veto? >> i don't think it's right for them to wave these people on from central america to the united states. we retched these unprecedented tariffs. the best way of reducing this problem, i'm not so sure. not upon because of the question of whether the senate or on thers night question the legality or the president's authority to do this.
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but it's a punitive approach when i think migration from central america through mexico is an area where we could possibly cooperate with mexico and work together to try and help both stem the flow on the one hand and secondly, to improve economic conditions, and the conditions in central america that generate the problem in the first place. >> that's the issue. first steps. how do you get mexico to stop it. should mexico shut its southern border with guatemala? how do you get mexico to fiction that problem. >> -- how do you get mexico to fix that problem. >> they are talking about deploying some national guardsmen down there. i think they are moving. but the president wants to be assured that they really are going to take effective
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measures. there is room for reaching an agreement in the short time left but it will be a cliff hanger. liz: this was a problem. lbj shut the border. nixon shot the border, reagan shut the border. it seems when you play hardball with mexico they step up, but when you back off, they come back again. >> if you hurt them 25% over a period of time. there are going to be deleterious effects on both sides of the border. we'll be to some extent shooting ourselves economically at least in the foot. i hope it doesn't come to that. liz: thank you for joining us. let's get an update on your money. stokes ending your week.
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another big rally. jerry willis is there with more. >> stocks finishing higher. the dow up 263 points. the s & p up 30. why? surprisingly it was a poor jobs report that sent stocks higher. that report, jobs increasing 75,000 in may, well below expectations of 185,000 jobs created. the jobs rate staying sat 3.6%. the report full of bad news. and manufacturing jobs up 3,000, less than expected. but the markets loved it because traders are expecting rate cuts. maybe as many as three starting in june, and they think this report will spur the fed to do just that. so for the week the dow up 5%. the s & p5%.
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the dow industrials snapping a sick-week losing streak. let me tell d a 60s weeklet me. -- snapping a 6-week losing streak. liz: we have wall streeters forecasting a possible fed rate cut because of the underwhelming jobs report. dc bun dids say the tax cut could get wiped out by the tariff. let's straighten this out with don lurkwith -- don lufkin. >> the president is trying to get mexico's attention.
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he used the kindness method that you use to train a mule. you hit the mule with a baseball bat. now you have got his attention. now you can use the kindness method. these tariffs are the baseball bat that congress gave the president in the emergency powers legislation. this is the tool he's got and he's going to use it. let's not argue about how deleterious they are. it will be good for the economy to stop the massive hemorrhaging from the south of mexico to the north of mexico, also known as the united states of america. liz: the tariffs would depress
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the economy and that would exacerbate the migrant flow. >> the migrant problem we have isn't mexicans. it's guatemalans and hondurans. it would be so easy to control that border. i could build the wall myself in a weekend. we should even volunteer to pay for the wall. when the guatemalans hit that wall you don't have to send them home, they are home. it's easy for mexico to control and hard for us to control it. mexico's costs of controlling it are less than ours. liz: this is -- let me back up. mexico did get a lot of u.s. after its economic crises in the
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80s and 90s. it's a burgeoning received resentment in mexico to the u.s., the big bully of the northern neighbor. what do you make of critics thought to be undoing problems across the border? >> we have got to have a prosperous democratic guatemala, honduras, and all the rest. mexico is a conduit for these people. as far as mexico is concerned, they are tourists. this is their tourism industry. these folks spend money in mexico on their way to the united states. liz: they are not just tourists, they are poor people. >> i'm saying these poor people function like touristed as far as mexico is concerned.
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mexico profits from having these people come through. when they are done with them, they dump them on our soil. that's not right. liz: take a look at this video. 134 migrants literally strolling around the end of a border wall and into arizona. we have that and much more. a jam-packed hour coming up. all money managers might seem the same, but some give their clients cookie cutter portfolios. fisher investments tailors portfolios to your goals and needs. some only call when they have something to sell. fisher calls regularly so you stay informed. and while some advisors are happy to earn commissions whether you do well or not. fisher investments fees
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liz: let's take you to the midwest, the plains and beyond facing massive flooding over the weekend. reporter: people here in the st. louis region and so many places across the country are exhausted. this floodwater has been here for more than a week and the water is still rising. officials tell us the mississippi river is expected to crest at 39 feet above the flood line. it's considered one of the worst natural disasters in our
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country's history. you can see the floodwaters are inching closer to that red line. you can see a feat of mankind, keeping the mighty mississippi river out of their businesses. a pump is blasting out 400 gallons of water per minute. people are staying in their home despite the house being partially under water. people are comparing this flood to the 1993 flood. but this one has been extremely long because the water keeps flooding here. in missouri, floodwaters have been creeping up towards the famous arch, the riverwalk and businesses under water nearby.
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half of the state's counties will be assessed by fema next week. the governor is asking for more federal assistance in 8 counties. liz: american farmers suffering mightily from historic flooding. jeff flock is with us with more from a farm in illinois. >> this is one of the first days finally gets to get out and plant because it's finally a sunny day. >> days like today are very rare. normally we get a window to plant. if the sun is out and good drying weather we can plant. but this year we haven't had that three days total. reporter: take a look at the
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numbers. three key corn states, one of them being illinois, another ohio and another indiana. they are way behind. in illinois less than half the corn crop has been plant. ohio about a third, and even worse in indiana. you don't get it plarntd, you can't get it harvested. >> mother nature doesn't work us to get it in the ground. there is no way to get a yield at the end of the year. you have got to start before you can finish. >> in a normal year if this had happened it would have been driving prices up for corn and soybeans. you can say at least if i don't get a full yield, i can make money on what i have got. because of mexico tariffs threatened, huge consumer of corn, prices are not appreciated
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tremendously. >> we are look at a weather market where the market is concerned about whether we can get in the field or not. but there is a lot of talk about tariffs and exports and i really hope we get that straightened out to help farmers across the nation. it will be some income for what they do. reporter: i want to leave you with pictures of this wet weather. farmers have been posting to twitter. some of them can't believe it. they have never seen the extended period of wet weather, pouring rain, almost like a tornado out there some days. >> about a week ago -- two weeks ago, we were planting corn for the first day ever. and we literally had a monsoon come in. it was unreal. it's the hardest we have ever seen it rain. reporter: when it rains,
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literally, liz, it pours. liz: jeff flock in illinois. if you are looking to plan your next vacation, how about outer space? nasa going to open the international space station to commercial companies which will arrange voyages and tourism for private citizens. some estimates have it at $50 million. also president trump tweeting out for all the money we are expense on nasa we shouldn't be talking about going to the moon. we should be talking about bigger things like going beyond mars. the official policy of the u.s. two years ago that basically says nasa use the moon as a stepping stone for eventual human missions to mars. walmart planning to start delivering groceries right to
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your refrigerator. walmart plans to use its own workers. they must have worked there for at least a year to be enrolled in this plan. walmart said they will use smart entry stelg with wearable cameras on the delivery guys. you can watch them tomorrow your fridge. let's take you to chernobyl. russians are outraged over the hbo series about chernobyl. a russian broadcaster make its own so-called correct version. it will depict the disaster as a c.i.a. plot. it's america's fault. the acting defense secretary says he'll make a formal complaint after a russian warship nearly collide with an american cruiser sailing in open
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liz: we are coming into the bottom of the hour. newly released border surveillance footage captures the moment 134 migrants, half them were juveniles, they basically strolled into america by walk around an unfinished border fence in arizona where they surrendered to authorities. an isis defector claimed i was recruit in a sickening plot to break into the u.s. by crossing at the weak southern border to attack u.s. financial institutions and trying to bring count u.s. economy.
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sheriff, great to see you. what's your take on this? bin laden always plotted to bring count u.s. financial system. >> it's very chilling. we shouldn't be surprised. they have access. the border is porous. if they recruit the right people they have the approach. liz: he explained how he was told to break into the southern border. you watch this. >> what we basically did, it was a financial attack. to cripple the economy. they have the resources. apparently they have the contacted of wherever -- whether
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they, people they can get to get a false i.d., false passport. basically anything you wanted. there is a rift between mexico and america. liz: to come in from mexico through the border with fake i.d. >> the routes are there and they are protected by the cartel. there are stash houses where they are going. he's sounding very, very credible on how he gets into america and what he's going to do, and we know what they did on 9/11. li what was your reaction? >> i was angry congress isn't stepping up. i don't care if you are democrat or republican. saying we have a problem and we need to respond with a great deal of urgency. they aren't doing their job. we have this threat and people
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are coming over in droves. liz: it seems mexico only respond when the u.s. plays hardball. when l.b.j. and nixon and reagan shut the border for other reasons. it's unreasonable to think it's okay to allow 100,000 people a month walk through your country unvetted to the border. >> i agree. i think we should play hardball and threaten to shut down the border. one of your last callers were let's build the border at the guatemalan border. we still need our border wall and the strategy in place to stop this flow. liz: is it enough that mexico is deploying national guard troops to the border?
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congresswoman ilhan omar still says abolish i.c.e. she says it's un-american to criminalize people who want to come to this country. >> i don't know what uber john deere tractor she came into town on. but that's ridiculous. i want to know if she believes the united states is a sovereign nation with sovereign borders? this doesn't sound very american to me. if people understand this is not the american values of yesterday, today or hopefully tomorrow. that she just -- i.c.e. people, the folks are noble warriors. and often noble servants on the border helping people and rescuing people. they are great americans and patriots doing what they need to be doing. liz: acting ice director mark
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morgan went after this idea of abolishing i.c.e. i would like your take on this. >> if you talk about abolishing i.c.e., it's absolutely irresponsible. let's talk about the homeland security side of i.c.e. 34,000 criminal arrests. thousands of cases of child smuggling, he can my takes, human trafficking. i would like to talk to that young congresswoman and tell me what's going to happen if i.c.e. is abolished. liz: that was in response to alexandria ocasio-cortez. >> he's correct. we have 4,200 inmates. 8% are illegal aliens with criminal charges. murder, kidnapping, arson, drug dealing, dwi, theft. those type of cases. there is a total of 300 of them.
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many of them from asia and middle east and eastern europe is -- we have them in jail detaked on criminal charges. but also we are ready to deport them when the state finishes with them. without i.c.e., we wouldn't know that about them. they are cartel members like we have in jail, by the way. li we are happy to debate policy. just to make sure we respect people's opinions and congress women as well. coming up. the lone wolf suspect accused of plotting to attack times square in new york city is a favorite target of tourists. he was talking about attacking times square with guns, explosives and suicide vests. you won't believe which 2020 dem
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$4.95. delivery drones or the latest phones. $4.95. no matter what you trade, at fidelity it's just $4.95 per online u.s. equity trade. liz: the u.s. is planning to file a formal complaint against russia after one of its warship sailed dangerously close to america's cruiser. reporter: the latest incident took place in the philippine sea while a helicopter was landing on the flight deck of the warship. this shows the destroyer within yards of the cruiser. both warships armed with large missiles and you naval guns. it's what u.s. officials are describing as a highly dangerous
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maneuver. russians could be seen sunbathing on the flight deck, mock their american adversaries. >> the beef behavior is unprofessional. reporter: the russian government says it lodged its own formal protest over the incident and disputes the u.s. act of things. saying it crossed the course of the destroyer. the destroyer had to perform you are general maneuvers to avoid a collision. the navy said its plane was flying in international air space during the 28-minute
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encounter. these encounters are a not so subtle reminder not to forget about moscow. it was so close you could see a russian sailor apparently sunbathing in a chase lounge. colonel, your reaction to this story? >> russia has lots of issues they want to challenge us with. they don't like some of the things we are doing in their backyard. but they are dead wrong here. this is not a way to show your displeasure. they literally could have had a major incident which could have killed or harmed sailors and it could have caused a major international incident. you have video and you see what
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the russian ship did. liz: they have been shadowing our aircraft for a long time. the u.s. imposed new sanctions on iran's lifeline. its petrochemical sector. it finances the revolutionary guard. >> we have to ask, what are we trying to accomplish? we seem to be focused on this maximum northeast pressure across the board. all this will do is make the possibility of conflict higher. it won't make the iranian regime change their behavior. if anything. liz: i want your quick take on this man, allegedly an isis sympathizer. he's charged with plotting a terror attack in times square.
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he is ordered held without bail today. >> that's concerning. but if you look deep enough, it's a good news story. this shows how effective our counter-terrorism operation is. whether it's lone wolf or coming from overseas. they are making good progress. liz: coming up. ken starr about president trump taking shots at former special counsel robert mueller coming up next. my insurance rates are probably gonna double. but dad, you've got allstate. with accident forgiveness they guarantee your rates won't go up just because of an accident. smart kid. indeed. are you in good hands? back then, we checked our zero times a day. times change. eyes haven't. that's why there's ocuvite. screen light... sunlight... longer hours...
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liz: let's bring in fox news contribute tore and former independent counsel ken starr. what was your reaction when you heard president trump say robert mueller quote made a fool out of himself. what was with your reaction? >> i understand the president's frustration and anger. so many questions are being raised about the accuracy, the integrity of the report. and so i think it's a strong statement, but it's understandable. the president is i think quite angry about this whole thing.
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i wish he would just leave it alone and let others speak for him. but the president is the president. liz: house democrats may seen a robert mueller in the next two weeks according to "politico." do you think robert mueller should testify publicly? >> yes, i do. because of these unanswered questions. this is an issue of power that he's exercise and now of accountability. there are a lot of why questions. why did the report apparently distort the statement of a very important person, john dowd, the president's first criminal defense lawyer. a very outstanding lawyer of total integrity. but the report makes it look a little shady. john solomon's reporting, there are a number of straws at the
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wind and we need to take a careful look at this. i'm pleased there is a sense on both sides of the aisle. i know the president would like this to go away. but there is a sense on both sides of the aisle that we need to hear from bob mueller. liz: the president said they have been going after me since before i got elected. >> it's very true, about business dealings and so forth. he inserted himself into the political arena so everything is sort of fair game. but i understand his frustration in light of the comprehensioniveness of the mueller investigation and the cooperation of the trump administration with that investigation. so i'm sure from the president's perspective, let's end this. it should be over with. but i'm afraid it's not going to happen. there are too many outstanding questions that need to be
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answered about the mueller report and the integrity of the mueller report. liz: what do you think about holding william barr and don mcghan in contempt? >> i think bill barr has been trying to do an honorable job. let me speak to don mcghan. don mccann testified before bob mueller's interest viewers for 30 hours. to me that's incomprehensible. how that was made to happen, i don't know. but been there done that. he has provided an extraordinary amount of cooperation. i can understand them say i invote attorney-client privilege and that's the end of the
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mcbegan cooperation. they don't need to retry the case. the case has been tried. liz: did you ever interview anybody for 30 hours or more in the clinton investigation? >> we would spend time with witnesses but not with the counsel to the president. that's what's so extraordinary. liz: we have john dean of the nixon area. your take on that? >> john dean has become unreasonably and harshly critical of the president, and he is a convicted felon. liz: it was mayor bill deblasio, shea *, nancy pelosi, focus on jobs first. our take on bill deblasio. >> smart advice. the american people would say yeah. what is all this nonsense about
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impeachment. it's only the most of hard-core opponents of the president who want to see the country go down an alley that's divisive and unhealthy for the country. it doesn't move the country forward. liz: president trump ripping into nancy pelosi with a vengeance. their rates are good , we know that they're always going to take care of us. it was an instant savings and i should have changed a long time ago. we're the tenney's and we're usaa members for life. call usaa to start saving on insurance today. and we're usaa members for life. the ai i need? it's gotta scale across my business. starting here, in procurement, helping us find the right suppliers. then here in logistic, to avoid disruptions! here in sales. even here! i'm talking about ai we can build to work... here, predicting trends.
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i think she's a disgrace. i actually don't think she's a talented person. i have tried to be nice to her because i would have like to have gotten some deals done. she's incapable of doing deals. a nasty vindictive horrible person. liz: let's bring in bill mcgurn. people were saying he shouldn't have done that on d-day. >> you see the crosses behind you, it's probably not the best setting. but this is donald trump. if you take a swipe at him, he's going to swipe back. and i will say, i wish he hadn't said it at d-day like that but she did say something pretty nasty about him. liz: so what is your take on her saying she should go to prison. >> it's insane. so you're saying that you're okay with someone who is guilty of criminal behavior remaining president. immean, impeachment is the mechanism the founders gave us to remove these people. look, she's doing two things at the same time. she's trying to tell people,
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hold your horses on impeachment because it won't necessarily help us. on the other hand she's throwing gasoline on the fire when she makes comments like this. liz: does it make any sense in snr i don't thin?>> i don't thie sense. liz: do you think she's masterful. >> i think she's stoking fires that she claims to be putting out. she said we're in a constitutional crisis. said that bob barr lied to congress and committed a criminal act. now donald trump is a criminal and should be in jail pu we're not going to do impeachment. liz: so let's switch gears. 2020 democrats and the party, they're going to do a pr blitz, a new push to make mitch mcconnell the bad guy, the grim reaper, the guy stopping our bad legislation and mitch mcconnell is relishing this saying i'm the fire wall against
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their stupid policies. what's your take on that? >> it's a tribute to mitch mcconnell. he's done a great job getting the judges through and stopping the silliness that the house democrats do. and he does anytime a particularly effective way. you hardly see him on television or something. he's very effective. he goes about his business. and most people in america don't really know who he is. i don't know if that you can demonize mitch mcconnell. liz: we passed 150 bills and it's a graveyard in the senate. he's stopping them. >> it is. liz: a green new deal, single payer. >> i'm not sure all of those things a are all of that popular. that's what the contest will be about. liz: so this trump-pelosi fight, do you think it's going to get nastier? >> yes. she's firing up these people. they want donald trump's head and they're not going to stop. liz: he's taking the gloves off now. >> well i don't think he ever had the gloves on. liz: well now it's nervous nancy
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and more. bill mcgurn, you're terrific. thanks for coming on. thank you for watching. "lou dobbs" is next right here on the fox business network. have a good evening. ♪ ♪ lou: good evening, everybody. talks between the united states and mexico continue tonight with only days before the administration will swipe a 5% tariff on exports to the united states. a warship only 100 feet from colliding with our philippine cruisers in the sea. president trump and the first lady are home. they've returned from their extraordinary six-day trip to europe and a state visit with queen elizabeth ii and outgoing prime minister teresa may np in normandy, the commemoration of
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