tv After the Bell FOX Business January 15, 2020 4:00pm-5:00pm EST
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thank unitedhealthcare for 29,000 on the dow. [closing bell rings] >> i think you should not not own stocks at this level. liz: thank you, jamie cox. live from the white house. 29,024. the dow did it. melissa: signed, sealed, delivered. it is deal day on wall street. the deal wall street was waiting for. investors celebrate. all three major averages hit all-time highs as president trump signs phase one trade deal with china. dow looks like it will close, there you go, above 29,000. 29,033. it is that milestone first time ever, marking new record close. i'm melissa francis. what a day. connell: not bad at all. i'm connell mcshane. extra cheering downtown as the bell was ringing. welcome to "after the bell." nasdaq up as well. record territory at the close. nasdaq strong on the record, but still up by seven points. big day with china, dow 29,000.
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all the rest. we'll talk a lot about market movers we saw today. first here is the president, applauding that historic agreement with beijing. >> together we are righting the wrongs of the past. delivering a future of economic justice and security for american workers, farmers and families. melissa: president trump and china's top trade negotiator signing on the dotted line to formalize the phase one deal at the white house while on capitol hill house democrats making their move official sending articles of impeachment against the president to the senate, paving the way for a trial. connell: fox business team coverage with all of this going on. edward lawrence has before covering trade forever. that is a big day for ed at the white house of the gerri willis, dow 29,000 at new york stock exchanges. phil flynn in chicago. gerri, with the milestone and more we start with you. reporter: wow, wow. we're so excited, somebody stole my 29,000 hat.
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i don't even have it. first time through record territory for the dow. s&p finishing higher t was a knuckle biter into the close. we didn't know how it would end up. only took 40 days to get from 28,000 to 29,000 for the dow. this is the third record close for 2020. we're not that far into the year, guys. the dow crossed 28,000 first time on november 15th. here we are actually closing, closing not crossing but closing at that level. what stocks drove index to these levels from 28,000? apple, unitedhealth, big stock today. goldman sachs, visa, mastercard, microsoft, j&j they all accounted for all the dow gains since 28,000. apple, my friends was a third of the dow's rally since 28,000. so apple has been critical here. key, i have to tell you. trader told me this afternoon before coming to air, it is now all about earnings. back to you. connell: that's right. big day though. thank you, gerri.
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>> you're welcome. melissa: it is a deal we've all been waiting for. fox business's edward lawrence live at the white house for details on the phase one agreement. edouard, did you think we would see this day? did you lose hope along the way? how are you doing, my friend? reporter: do i get to be tired now? melissa: you do. reporter: i lost hope for a while now but appears we do have the phase one trade deal. here it is, 86 pages inside the deal. the president calling this an historic day. let me pull excerpts out of this. the parties agree to insure effective protection for trade secrets and confidential business information and effective enforcement against misappropriation of such information. that is talking about intellectual property there. enforcement in this deal is very, very specific. for i.p. theft it says this:parties apply for application of criminal procedures and penalties to
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address willful trade secret misappropriation. that covers hackers, talking about employees, former employees of companies. china vice premier liu he says china will strictly honor this agreement. the president taking his time in very long ceremony, more than an hour, what critics say might not have ever happened, a deal with china. >> this is something that far beyond even this deal, it is going to lead to a, even stronger world peace. we now have, we now have a big investment in each other, getting along with each other. reporter: we know about the agriculture buys. there will be huge buys in manufacturing services, and energy. there are no more tariffs going forward as of right now, about 370, $380 billion under tariff currently at 25% or 7 1/2%. the president says that he is using those to make sure that china comes to the table in a phase two. now what happens, the agreement
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goes in effect in 30 days from right now. although both sides have 60 days if they want to, with a notice, a notice with 60 days to cancel this deal. so you know, it is good but make sure implementation sticks to it. melissa: i want to enjoy this moment before we get to the point president trump says they're not back for one of the phases. we can rip this up in 60 days. you know -- i hope not. reporter: don't get your deposit back. melissa: right. no security deposit for you. thank you, edward, appreciate it. connell. connell: giddy edward lawrence covering this so long. darren lahood from state of illinois back at white house signing, member of ways and means committee, co-chair of the u.s.-china working group as well. congressman, you dealt with these issues a lot. a big day for you as well, to be there, watch this happen. let me dive into the specifics. we'll talk about agriculture in a moment important to many farmers in your state, other states. to follow up on edward's
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reporting on intellectual property. i will put another segment of the deal up on the screen. after 30 days after the date of entry into this agreement, china will promulgate an action plan to strengthen intellectual property protection aimed at promoting high quality growth. if that action plan is not up to snuff, congressman, as edward reports there could be, you could drop out of the deal, tariffs could come back on. all kind of things could happen. what makes you believe this time china means it, they won't go back on their word? >> first of all today was historic day for america. i thought the president did an excellent job in the signing ceremony, talking about importance what it means to business, agriculture, there are real provisions here. we have a hammer over china when it comes to intellectual property, when comes to forced technology transfers. face it, china is ripping us off in the technology space last 25 years. what we've done in phase one. we put tangible dispute
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mechanisms resolutions. we put consequences if china violates that we haven't had that in the past. remember only remedy in the past going to the world trade organization that could take two to four years. this is change in that. this is reaction in the stock market and across the country. connell: above 29-k on the stock market as we've been talking about. is it specific, congressman, china can't find a way around or loophole found? for example in the agriculture segment there was talk this afternoon, when liu he, vice-chair of china, talked about market conditions, about buying u.s. agriculture, market conditions were not in place so we needed to buy x-amount of soybeans, so they tried to work their way around it that way, so that should be a concern? >> i have a lot of faith in robert lighthizer. you see how he negotiated the agreement. there is not a more capable
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trade ambassador than robert lighthizer. that is first. secondly we have shown the chinese we will put tariffs in place. i'm not a fan of tariffs. they are not good for manufacturers or farmers in the state of illinois. robert lighthizer used tariffs as leverage mechanism to get what we got in this deal. that is something to hold them accountable, something we never had before. enforcement will be important. we will have to make sure we hold china's feet to the fire on this. connell: yep. >> we'll have to wait to see how that plays out. this is different than any other agreement we've had with china in the past. i give president trump a lot of credit on that. connell: congressman lahood was in the room at the white house earlier. thanks for coming on today. we appreciate it. >> thanks for having me. melissa: busy week for trade. the senate on the floor debating usmca trade deal which could pass before the start of the impeachment trial. here is republican senator from north dakota, john hoeven, he is a member of the appropriations committee which reviewed legislation today, sir. thanks so much for joining us. >> you bet. melissa: do you think most of
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the work is done on this already? have you all agreed on most things or is there still distance to go? >> i think we're in good shape. we put it in seven committees just over a week. the house held it for a long time. finally got it to us. we got the articles of impeachment at same time we hustled. we'll move it through seven committees and have it tomorrow and i think we'll get it passed. melissa: democrats in the house said they held it up because it had to do with enforcement mechanisms what would happen if mexico didn't follow some of the labor riles in there. now that you have the bill, you read through it, was that a reason to hold it up? did they get good provisions or was that sort of silly? >> i really don't think it was. i still think they will have challenges in terms how they try to enforce labor laws in mexico but we'll see. the key is, that is really helps us expand trade with mexico and canada, two big trading partners for us.
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that's the real benefit of this agreement. melissa: do you feel like it is better than nafta that was in place before? >> it is. we included provisions, one i worked on, prevents canada automatically downgrading our wheat which affects the price our farmers get when we send wheat up into canada. those things will not only help us export more into canada and mexico, but make sure we're treated fairly. that is very important. melissa: net-net is this bill better for our economy? some things in the old bill, we're protecting things like filed dumping which is bad for steelworkers in the u.s. but good for people who like cheap steel or stuff made from steel? net-net really are all the changes better for the economy here in the u.s.? >> because it will help our economy grow. it will help us export more. that means increasing incomes, more jobs. as you look across all industry sectors, ag, energy, technology, manufacturing it will be helpful to us.
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melissa: what do think is the timetable going forward? >> i believe we get it passed tomorrow. it will go to the president. i was up at white house for phase one china deal. that is a big deal, melissa. very positive, very encouraging. he talked about signing usmca next week. i'm hopeful we're back there signing up usmca. melissa: what is it like real quick, before you go, to have big trade deals moving, to have him signing china thing, voting on this, have impeachment going on at the same time? >> well, again, i don't feel the house democrats should have engaged in this impeachment process. obviously we'll do our constitutional role. we're talking about stuff that will move the economy forward. think about it, usmca, phase one trade deal with china, we got the japanese trade deal. we got european union deal. all those things coming together now are kind of things that will move our economy forward. that's what helps people where they really seat it in their pocketbook, in their everyday
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lives. melissa: market is wonder woman's lasso of truth telling you truth down there. >> exactly. melissa: 29,000 for the first time. market rally. thank you, sir of, appreciate i. >> thanks a lot, melissa. connell: oil interestingly enough settled in what was a six-week low in the the floor session today. phil flynn joins from us the floor in chicago. what is going on with oil, phil? >> i thought we would be celebrating $52.8 billion of energy purchases over next few years from china today. we need them to buy it today, not over two years. basically we saw the oil prices were under pressure even after we got a drawdown from the energy information administration. the reason why, huge historic builds in gasoline supplies, and distillate supplies. diesel supplies went through the roof. a lot of supply coming on the market, raising fears somehow energy demand is slowing. we don't really believe that. we think some of this is end of
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the year tax shenanigans or currently weather and it will bounce back but oil traders were definitely on guard. gold traders were celebrating the deal. we saw a rally on the gold market. a lot had to do with optimism, u.s.-china trade, not to mention weak ppi. exciting day in the futures. connell: thank you, phil flynn from the cme. melissa: exciting day. you're right about that. so much going on. keeping up with amazon target hit by weak sales for the holiday season. is the retailer's turn around losing steam? connell: escalating blame game, former vice president joe biden defending the nuclear deal he claims was working before president trump pulled out of it but iran's track record might prove otherwise. we'll talk about that later in the hour. melissa: i want to drill down on that one. scandal rocking the sports world, red sox manager alex
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cora, the latest casualty in the sane-stealing saga. what that could be future for the mlb. connell: i told you that was a big deal. melissa: you're right. huge story. so you only pay for what you need. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ 45 plus at average risk. i've heard a lot of excuses to avoid screening for colon cancer. i'm not worried. it doesn't run in my family. i can do it next year. no rush. cologuard is the noninvasive option that finds 92% of colon cancers. you just get the kit in the mail, go to the bathroom, collect your sample, then ship it to the lab. there's no excuse for waiting. get screened. ask your healthcare provider if cologuard is right for you. most insured patients pay $0.
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some people say that's ridiculous. i dress how i feel. yesterday i felt bold with boundless energy. this morning i woke up calm and unbreakable. tomorrow? who knows. age is just an illusion. how you show up for the world, that's what's real. what's your idea? i put it out there with a godaddy website. make the world you want. melissa: missing the bull's-eye. target shares plunging after holiday sales missed
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expectations. the company is attributing this loss to weak demand for toys an electronics this year. let's bring in jonathan hoenig from capitalist pig hedge fund, also a fox news contributor. jonathan, i did my part. i was all over target for christmas. we had mostly toys and electronics. to me i was wondering was this about expectations? >> that is exactly, liz. this was not a major problem at target. they missed their own internal expectations. think when this was, november, december, 2019, the trade war was really waging, a lot of families were cutting back on their own purchases. it didn't stop target's stock last year. it was up 100%. today's drop of 5% has to be seen in that context. target has done a a master if you recall job but also in location. they're beating amazon and costco as well. melissa: online game is killing it.
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probably an opportunity here with this pullback. meanwhile in some successful company news, disney plus pulling in 41 million subscribers since the launch in november. this is according to a new report. the number is a quarter of netflix entire subscriber audience. wow. jonathan, that's staggering. >> yeah, it is. this is in effect what the aol-time warner merger should have been, melissa. content and distribution come together. that is why aol, excuse me, why disney's stock was up 32% last year, in fact, disney plus was the most googled term of 2019. so disney is killing it. the stock is reflecting that. boy what a difference it makes, disney first online offering was called go.com, melissa, you remember that 20 years ago t was a flop. it hit the mark and disney plus. melissa: and my kids are on all the time. it is really good service.
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taking a slice of the global pie. domino's pizza announcing plans to open up 880 new restaurants in, wait for it, italy, over the next decade. the restaurant chain hoping to take 2% of italy's pizza market share, become the biggest food delivery company in the country. oh, jonathan, i don't know about this. seems like dominoes -- is there a market for domino's in italy or think just recoil in horror? >> they are. there are uproar about this. we see this frequently in italy, when american brands, so-called evil american brands want to set up shop in europe, italy as specifically. dominoes's stock is up 125%. the italian stock market is down over 20% over the last decade. globalization is here. we'll see whether italians, they already bitten on starbucks. whether they bite on dominoes we'll have to wait and see.
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melissa: we'll see. i did a deep dive on the story, their dough making factory is in italy. they were putting stores around there. i think they, anyway. we'll see. cross our fingers for domino's. we'll see. >> for sure. for sure. any american company wants to expand, we'll support them. melissa: yeah. it is american company, killjoy. thank you. connell: dominoes is lucky we allow them in new york to make pizza nonetheless italy. >> i love dome knows. connell: we have to take a break. house speaker nancy pelosi we'll get to hear next on capitol hill. her final impeachment act, sending charges over to the senate. chad pergram on that with we come back. melissa: i like olive garden too though. connell: oh. knowing we're prepared for the future. surprise! we renovated the guest room, so you can live with us. oooh, well... i'm good at my condo.
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send articles over to the senate. chad pergram, fox news congressional correspondent on capitol hill for us with more on this. chad, so they're finally moving. reporter: that's right, they're finally moving. house of representatives voted 228-193 to send articles of impeachment over to the senate to initiate the senate trial. the big news on capitol hill who are the prosecutors going to be, the house managers? that team of seven. important to look two freshmen on the team. jason crow of colorado and sylvia garcia of texas. that is different group than we had in 1999 this were 13 impeachment managers from the house of representatives. adam schiff impressed house speaker nancy pelosi when he handled impeachment for judge thomas portis in 2010. he will be lead manager. chair of the intelligence committee, not chair of judiciary committee as they prosecute the case before the senate. that said, here is the chair of the house judiciary committee,
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jerry nadler. >> the question, does the senate, the senate is on trial as well as the president. does the senate conduct a trial according to the constitution, to vindicate the republic or does the senate participate in the president's crimes by covering them up? reporter: senate majority leader mitch mcconnell mitch mcconnell he fought back on that. there is an old expression, that house hot coffee cools in the senate. mcconnell said it is time to break the house's fever. listen. >> this great process of last constitutional resort will be watered down into the kind of anti-democratic recall measure that the founding fathers explicitly, explicitly did not want. house democrats may have descended into pure factionalism but the united states must not. reporter: house of representatives will have ceremony, engross plane ceremony as it is called, package up the
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articles of impeachment. what they do is send a message to the senate. this is what we've done. we impeached the president. the senate will send a message back. tomorrow, sometime around noon, house impeachment managers go over with the articles of impeachment. it is a two-step process. the other thing we're watching here the senate is debating the usmca. what they're trying to do, connell, get a vote on the usmca tomorrow morning on the senate floor. that is not locked in yet. so they can go to the first step in a senate trial perhaps tomorrow. connell: not locked in. melissa was speaking to senator hoeven earlier in the hour, they likely get it passed tomorrow. that is what we're thinking? >> a lot of moving parts. that will be case to get an agreement. on wise they wait until next week or couple weeks, depending where they go with the senate trial. as we speak the impeachment managers are meeting, plotting their strategy, figuring out
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what lanes they will subdivide their case. first time they got together the seven since they were appointed as those managers. connell: that is happening behind closed doors? >> yes. connell: thank you for everything. chad pergram live on capitol hill. >> thank you. melissa: hopefully they get the people's business in before the impeachment, usmca. president capping off a win between the world's two largest economies. connell: red sox parting ways with their manager who was a major figure in major league baseball sign-stealing scandal. and someone else might be next. melissa: and spotify now has a playlists for your dog, your cat and even your hamster. connell: what? melissa: the audio streaming business launching a new podcast for dogs, a range of algorithmic curated pet playlistses,
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intended to calm animals left on their own. how do they know, how does the algorithm know what your pet wants to listen to. connell: i want to hear you say that again. melissa: i can't say it a second time. connell: playlists for a hamster? ♪. turn on my tv and boom, it's got all my favorite shows right there. i wish my trading platform worked like that. well have you tried thinkorswim? this is totally customizable, so you focus only on what you want. okay, it's got screeners and watchlists. and you can even see how your predictions might affect the value of the stocks you're interested in. now this is what i'm talking about. yeah, it'll free up more time for your... uh, true crime shows? british baking competitions. hm. didn't peg you for a crumpet guy. focus on what matters to you with thinkorswim. ♪ my body is truly powerful. i have the power to lower
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melissa: "the art of the deal." of the phase one china trade agreement is officially signed today but the trade war is far from over as the two sides are expected to start phase two negotiations soon. fox business's blake burman is live at the white house with the details. blake, we're such ingreats. we're already asking about phase two. reporter: got 80, 90 pages dumped in our laps with all details. the big question is where do both sides go from here? u.s. trade representative robert lighthizer says first off, the first thing that needs to be done is get the phase one deal implemented. that is their focus right now. after that with potential discussions about phase two, issues tackled and cyber theft, industrial subsidies specifically mentioned. keep in mind, within the entire body of the agreement today, only two pages were dedicated to forced technology transfer.
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larry kudlow acknowledging to me this morning they did not get everything they wanted. >> probably the toughest nut to crack in phase two will be to really level the playing field and take care of unfair practices regarding forced transfers of technology. the licensing and subsidies will come in phase two and the unlawful forced transfer of technology. that will be tough. it may be doable. look, we've come so much, i think we got almost half of what we asked for originally in phase one. reporter: roughly $360 billion worth of goods coming into the u.s. from china are still being hit with tariffs. president trump said today that if a phase two deal is reached, then all of that would come off. >> i'm leaving them on, because otherwise we have no cards to negotiate with. negotiatingnegotiating with liuy tough. they will all come off as soon as we finish phase two and that would be something that some people on wall street will love.
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reporter: melissa, interesting comments made today by larry kudlow standing here when liz claman interviewed him. kudlow said if the luncheon that took place after the signing ceremony in the east room, the president says he believes phase two could potentially be easier to do than phase one though keep in mind phase one wasn't easy at all considering it took at least two years to get it done. at one point it seemed as if they were close and then all of it blew up. so, there is a long way to go potentially to get to that phase two. melissa: keep us all busy, blake. thank you. connell: adding one thing blake said to the president about the appearance at the white house. kind of interesting what he said, before he introduced bob robert lighthizer, he pretty much challenged american business leaders to get ready for phase two. let's quickly listen to this. >> ultimately in phase two, we'lling opening up china to all of your companies.
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so i hope you folks can handle it. connell: with that we bring robert hormats in, kissinger associates vice chairman, former senior economic advisor to henry kissinger along with many people in and out of government over the years. bob, they bring that up. interesting to hear the president talk that way to business leaders. it could have been an off-the-cuff remark. certainly different from all the talks in recent weeks about decoupling of the two economies. he is saying there will be more opportunity for business in china going forward. what do you say? >> i think it could be both. in some sectors if the chinese do further open up as they have to a degree on financial services and number of other things, then there will be more business. i still think there are a lot of issues related to very advanced high technology, 5g equipment, ai equipment, supercomputers, quantum computers, where there is an overlap between technology
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used for economic purposes and technology used, that relates to national security. connell: right. huawei wasn't even part of this, for example so. >> huawei was, clearly indicated something separate from the trade negotiations by american officials. so, on some areas of high technology, that have dual-uses, then i think there is still going to be a lot of very sensitive issues relating to exports, related to imports, related to investment. perhaps in a wide range of other areas there will be more opportunities. connell: let's talk about that a little bit. the comments, blake brought it up. larry kudlow made the case to liz last hour, the president basically has been telling people or told people today, phase one may have been more difficult, just getting over the hump, i suppose, getting things started that was the tough part. conventional wisdom, some issues left for phase two, those are more difficult issues to deal with. china, as you know, subsidizes many of its companies,
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especially state-run enterprises, it has for years. will they ever change on something like that? when you talk to the chinese about it, they say, no, no, that has to deal with our national sovereignty. we don't want to give in. that sounds difficult. >> i think president is optimistic thinking that phase two will be easier than phase one. in part we already know we tried to get in phase one some issues that are now going to be moved to phase two and couldn't get it in phase one. so they're very difficult. the second as you correctly point out, a lot of these are related to china's goal of becoming a preeminent power in modern 21st century technologies. a.i., 5g, numerous others. connell: right. >> the chinese government does support a lot of chinese companies, national champions, state enterprises and is going to do continue to do this, this is how it feels it can achieve these advantages in growth and develop their own innovation.
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there are a lot of very innovative companies in china, they support their innovation through financial support in other things. connell: just about out of time, bob. i want to ask you a big picture question. are we, could we be better off than we were before all this began if it was truly just what happened today, phase one and done? or do we need to get beyond this to be better off than we were just economically in the tray relationship with china? >> i think economically we're certainly better off today than we were a few month ago. connell: yeah. >> because a few month ago, we had prospect of turf escalation hanging over us,rtainty in termf last few months we're better off calming things down, de-escalating rather than escalating. in terms of the overall longer term circumstances it really depends how much progress can be made on variety of very difficult issues that are structural issues because they're part of the chinese
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economy goal of becoming a preeminent power in technology. connell: right. >> there are issues american companies expressed concerns about over time and we haven't been able to work them out. intellectual property i think there is a possibility of real progress because the chinese have their own intellectual property they want protected and americans have theirs. so in a way there are some areas of convergence i'm relatively optimistic and others -- connell: where those incentives line up. good discussion as always, bob hormats. thank you, sir. >> thanks for having me. melissa: quick fact check on iran and the democratic debate. we're comparing iran's nuclear activity with claims vice president joe biden made last night. michael avenatti, the latest charges against the disgraced attorney. ♪ we would only hold on to let go ♪
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and now for their service to the community, we present limu emu & doug with this key to the city. [ applause ] it's an honor to tell you that liberty mutual customizes your car insurance so you only pay for what you need. and now we need to get back to work. [ applause and band playing ] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ connell: 20 seconds terror in the sky. there is newly-released video that appears to show two missiles launched from an iranian military site striking the ukrainian airlines flight that killed 176 people and sparked massive protests we've been reporting on throughout the country. to fox's greg palkot in amman, jordan with the latest on all this. greg? reporter: connell the incident continues to rattle throughout
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the region. iranian foreign minister zarif admitting for the first time that his country lied to its people about the shooting down with iranian missiles of that ukrainian passenger plane. remember they were over 140 iranian citizens or iranian dual nationals on that flight and killed. iranian president rouhani today calling for unity following the incident, pointing to what some call would be radical changes in the way iran is run, changes which had been demanded by protesters in tehran and elsewhere for the past couple days. they are angry not just about the shoot-down but the three-day coverup by the regime. demonstrators demanding among other things, toppling of leadership. not all conciliatory from the regime. rouhani noting that not only u.s. troops in region were in danger following events of past couple weeks, including u.s. killing of a top iranian general but european troops could be in danger as well. we saw the german defense minister here in jordan visiting
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with his troops fighting the isis terror group in the region. the word is, that iran's supreme leader, ayatollah khamenei will officiate first time publicly at friday prayers this week. first time since 2009, a sign that the leadership is trying to regain control of the narrative in iran. back to you guys. connell: greg palkot in jordan. melissa: putting president on blast, joe biden making a suspicious claim about the iran nuke deal during the presidential debate. take a listen. >> i was part of the deal to get the nuclear agreement with iran, bringing together the rest of the world, including some of the folks that are not friendly to us. it was working. it was being working. it was being held tightly. there was no move on the part of iranian government to get close to a nuclear weapon. melissa: not sure about that. there were a flood of headlines, from the year he 2015 obama
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administration agreed the nuclear deal. 2016 telling different story. joining us from vienna, jacob nigel, former head of israel's national security council. i want to ask you specifically about the headlines, bbc, reuters, were reporting on investigation of the international atomic energy agency is doing where they went to collect samples from the carpet factory in tehran that benjamin netanyahu pointed out as a possible atomic factory and in fact the international atomic energy agency found nuclear particles there, right? you looked at this story and you have even more information, is that right, jacob? >> yes. first of all i'm not from vienna, talking about san francisco. melissa: forgive me. >> okay. no, now, yes, as you said it is an old story but it is a story
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unfortunately until lately took a lot of time for the iaea to react but finally they took out the report because you remember that prime minister netanyahu pointed out details about the site and we got this information of course from the operation of mossad that atomic archive -- a long time ago. now, the most, the importance of this investigation that the iaea -- that it didn't get it doesn't have anything to do with what, i'm sure we come to later what the europeans are now doing with jcpoa. this one had nothing to do even with the jcpoa. this is a violation of the basic agreement that the iranians
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signed for long time ago. this is why when we visited in 2001, radioactive particles are being found -- they are violating the previous agreement. it is part of then, part of the lpt. melissa: if i could stop you for a second because i want to ask you one more question. you pointed out the fact there is also satellite imagery that shows they move stuff from this factory, were shifting stuff out, right, before the international atomic energy agency got there? still when at the got there, they collected samples they found these particles proving what had been there. so they were all also moving things and trying to hide it and, you know, proving that they were working on the program all along. right? >> sure. this is the normal so-called iranian behavior. they're trying to postpone any
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site visiting of iaea inspectors, trying to clean everything, reactors and other thing were working. but fortunately enough the good nature, good nature about uranium particles, even if you're trying very hard to hide them they stay there. now this is what happened long time ago. i just spoke to, before you approached me, you just put something that, senator biden just talked about. i think this is exactly a big, again, it is biggest mistake of the previous regime because saying that iran didn't progress to a nuclear bomb after the jcpoa, really your head in the sand because it is exactly what
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was wrong, what was fault in this agreement. it put iran on the right path to a bomb as -- melissa: absolutely. >> now -- [inaudible]. melissa: okay. thank you so much, i wish we had more time. i really appreciate your information. thank you, sir. connell: all right. moving on to something completely different now, the mounting legal trouble for this guy michael avenatti. a judge revoked bail of the former lawyer for stormy daniels because of an arrest for financial crimes. we have report from reuters, apparently his nike extortion trial is delayed by a week. how will this all play out, do you ask? who better to ask is the great david asman, we find a way. >> i love following this guy. connell: you do? >> i do. he is such a character. connell: that's true. >> even if they're bad characters. he definitely is. by the way, 254 appearances at
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msnbc and cnn this guy had. 254 in the year leading up to his legal troubles. almost half of the appearances, they tried, anchors an interviewers tried to run for democratic nominee in the primaries. connell: that is more than gary kaltbaum on "bulls & bears." >> just about. he never had to run for anything. run from some things. this is ridiculous. this guy is ridiculous. amazing he was holding a banner to get rid of donald trump when in fact he had a past like this. this is coming out. he is innocent until proven guilty. let's see, he has quite number of people want him out. connell: what is on the show tonight? >> we have one heck of a show at 5:00. curtis ellis, donald trump's senior campaign jobs advisor. he will talk about the trade deal. senator steve daines. he is interesting guy. he will be one of the jurors when impeachment process goes to
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trial in the senate. he lived in china for section years. he was working for proctor & gamble. he will not a lot whether they adhere to the new rules they are supposed to adhere to. whether they will cheat again. we'll talk to senator daines. which is more important for americans, trade deal or impeachment? connell: we'll see you at top of the hour with that and more. david, good stuff as always. >> thank you. >> three strikes and you're out. how the houston astros scandal is extending to the whole league now. i'm your mother in law. and i like to question your every move. like this left turn. it's the next one. you always drive this slow? how did you make someone i love? that must be why you're always so late. i do not speed. and that's saving me cash with drivewise. my son, he did say that you were the safe option. and that's the nicest thing you ever said to me. so get allstate. stop bossing.
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reporter: this wild for baseball. red sox manager cora is latest to lose his gig. amid the wake of sign stealing. as investigation turns to what could have happened here at fenway park, top leadership here asking teams fans to reserve judgment in this case. iin a press conference, they reiterated that cora's exit is a mutual parting of ways. >> questions remain, to whether or not cora also lead an eli an ecy less it -- elicit tronnin electc sign stealing with the red sox. >> back to you. connell: thank you. this story, it is --
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melissa: it is huge. connell: a lot of money. mets are under pressure their manager was a player on the team. melissa: market closing above 29,000 for first time ever. >> a lot of stuffis. >> here is "bulls and bears." david: an historic day from washington to wall street, dow above 29,000 for first time in hister, s&p 500, a new record high as president signs a landmark deal in trade with china. >> so special to the manufacturers, farmers, bankers, service people, nobody has seen anything like it, this is the biggest deal there is anywhere in the world by far. >> fro president touting the unprecedented trade deal, we have been thumbing through the agreement, we'll tell you what is inside, this
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