nation. e-mail kennedy fbn@foxbusiness.com. turn it on the show daniel turner is here, hi dana. and jason meister plus a special segment for the 100 year anniversary of the start of prohibition. let's drink to. good night. ♪ ♪ from washington, d.c. tonight. history in the making as president trump and chinese vice premier signed what is a monumental opportunity for two nations to create enormous wealth for both. it's an historic trade agreement that opens china's economy to americans businesses and assures the purchase of at least $200 billion of american exports to china the next two years. president trump: they will be spending over $200 billion over

the next two years and over $50 billion upon agriculture alone. on manufacturing, they will be spending $75 billion. they will be putting into our country $75 billion on manufacturing. $50 billion worth of energy. that's great for tour energy people. $40 billion to $50 billion on financial services. the banks will be doing great. all of the things you do so well. you will be able to go into china. one of the things i have to say is protection of intellectual property, we have strong protection of intellectual property. the other thing i think we have is current i devaluation standards. china was one of the greats in history at doing that. and we are going to work on it together. current i devaluation will

have -- currency devaluation will have strong restrictions. we have total and full enforce built. lou: the u.s.-china trade agreement signing ceremony in the east room of the white house. complex and of -- and often frustrating negotiations. they stayed on course because of the leadership and vision of president trump. president trump: our negotiations were tough, honest, open, respectful, leading to us this incredible breakthrough. most people thought it couldn't happen. it should have happened 25 years ago, that's okay. politicians promised to remedy these practices but did nothing and aloud them to continue it

was pillage. as a candidate for president i vowed, i saw it for so many years and i said how come nobody is doing something about it. in june of 2016 in the great state of pennsylvania i promised i would use every presidential power to protect americans from unfair trade and unfair trade practices. unlike those who came before me, i kept my promise. they didn't promise too hard. they didn't do anything. and i actually think i more than kept my promise. now our efforts yielded a transformative deal that will bring tremendous benefits to both countries. lou: today's agreement can bring a new era of prosperity. the president remains committed to building a strong relationship with china and

building a foundation for world peace. >> at long last americans have a government that puts them first at the negotiating table. first in trade, every decision and every action we take with incredible enforceability. as we move on to phase two i look forward to forging harmy and prosperity and far beyond commerce between the united states and china. this is something that farb beyond even d -- that far beyond this deal it will lead to world peace. lou: senate majority leader mitch mcconnell saying the president will soon be delivered another major victory on trade, the usmca. the agreement that succeeds

nafta. the senate scheduled to vote on it tomorrow. canada will be the only country remaining to ratify the deal. joining us to take up this historic day for the president, congressman john banks. great to have you with us. your reaction to this momentous occasion. the signing ceremony at the white house and the vice premier and the president signing this trade agreement. >> how, this is history today. you heard the president say it. he said this is why he ran for president. so many candidates for president have promised to take on the china trade. my dad was the biggest trump supporter in my district in indiana. he made axles all of his life.

he has been looking for a president to do what this president did today for a * long time. he's miling. working class americans are smiling all over the country. this president put them first in negotiating a deal like this that will be good for our economy. i am proud of the tax cuts. they did a lot to get our economy growing to the point it is today. but the tax cuts were good for american investors. record stock market. but today's deal puts working class voters who don't have a lot of money socked away in investments. it means better paying jobs andd a better economy. lou: as the president pointed out. this goes beyond so-called phase

one of this agreement. the president and president xi of china both want much more than what is already an historic trade agreement. this could create a new design and new model for world trade. interest thanksal trade systems are -- international trade systems are being ask ask changed. reciprocal, mutual, balanced trade. it augurs strongly for a prosperous world economy. >> no doubt about it. what we learned here is the president's tactics work. we elected him because he's a master negotiator. his business skills. his ability to stare an

adversary in thize like china and -- in the eyes and not blink. the president's toughness and his ability to not back down which is unusual in politics. lou: this president has the courage of his convictions. he has convictions based on his values that are fundamentally american. and he's a patriot to the bone. it's an extraordinary day. >> the best president of my lifetime. look what he has been able to get done in spite of the app hoax coming out of the d the impeachment hoax coming out of the house. lou: once you make a list of what he has done, the litany goes on and on and on. he's historic and arguably in my

judgment the best president in the history of our country. jim banks thank you for being with us. during today's east room ceremony the president made mention of the radical dimms sham impeachment efforts. a number of ask the congressmen need to leave to vote. president trump: they have a hoax going on over there, let's take care of it. lou: a few short hours ago in washington, nancy pelosi named 7 house managers officially presenting the party of hate's farcical articles of impeachment. the president respond in path saying the only thing in rrm achieved is to prove she is

focused on politics instead of the american people. up next, my exclusive interview with vice president mike pence on the historic trade deal signing. the new economic relationship with china. and how president trump is putting american interests first in every way. we'll be right back. our retirement plan with voya gives us confidence. so we can spend a bit today, knowing we're prepared for tomorrow. wow, do you think you overdid it maybe? overdid what? well planned, well invested, well protected. voya. be confident to and through retirement. doprevagen is the number oneild mempharmacist-recommendeding? memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. ♪ do you recall, not long ago ♪ we would walk on the sidewalk ♪ ♪ all around the wind blows

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[♪] president trump: since china joined the world trade organization two decades ago we racked up $5 trillion in trade deficits. lost millions and millions of manufacturing jobs and saw tens of thousands of factories close it was easy pickings. lou: but no more. president trump at the signing of his historic trade deal with china. today's event sending markets to record highs. finishing you have 91 points -- finishing up 91 points. the nasdaq up 7. volume on the big board 3.8 billion shares. the largest volume date so far

in his new year. japanese car maker nissan recalling 346,000 of its vehicles in this country for faulty takata airbag inflators. nissan says the airbags can explode and project pieces of shrapnel. a reminder to listen to my reports three times a day coast to coast on the salem radio network. throughout the president's three years in office, vice president mike pence has been you are -- n unwavering in carrying out the president's agenda. today i had the opportunity to

sit down with vice president pence and discussed the historic trade agreement with china. congratulations to you. and the administration. historic day. the trade agreement between the united states and china absolutely against all odds achieving it over the course of two years of negotiation. your thoughts, your emotions as you participated in the signing ceremony? >> welcome to the white house. it's great to see you. lou: i think this is as the president said, a momentous day. it's the beginning of a new economic relationship with china. over the last 20 years, since we admitted china to the world trade organization. literally one administration after the other, republican and democrat allowed china to essentially have open access to our economy while restricting

access to theirs. by the time we arrived in office, president made it clear era of economic surrender was over. half of our international trade deficit was with china. we saw manufacture hollowed out across this country and president trump stepped forward to take decisive action to use access to this economy, tariffs on this economy to demand china come to the table. in the phase one deal that the president signed today represents a beginning to resolving the issues we had with china for two decades. it would only have been possible because of a strong stand taken by president trump and he continues to take. while there is some tariff relief for china in this deal, we are still imposing tariffs on $250 billion in goods. we have already begun

discussions on a phase 2 deal. the american people can be confident that president trump with the phase 2 deal in hand will continue to stand firm for american jobs and american workers as we continue negotiations for the kind of relationship with china for the long term that will be free and fair and reciprocal trade. lou: the president with the vice premier of china, some 10 feet from him. making it clear the interests of this country will be protected and asserted throughout. also as the president talked about his relationship with president xi, their friendship and obviously a warm and defined relationship between the two leaders that helped move toward this moment. i watched the vice premier today. as i watched him, i had without

any question the sense that he was authentic and sincere as he joined with the president in signing the agreement. your thoughts? >> we think so, too. as ambassador lighthizer said today, throughout the negotiations which had starts and stops along the way. we believe the chinese have dealt with us taken in honorable way. but make no mistake about it. it's been the leadership that president trump brought to this, beginning with that relationship with president xi. in this president the american people have a leader that understands when you are dealing with the wider world it starts with is establishing a relationship. president trump and president xi as that letter that was read today reflected have a good

personal relationship. it doesn't change the fact that president trump is president of the united states, and president xi is the leader of china and they will both advance the interests of their countries. but it's that candor, the relationship that made the phase one deal possible. but i want your viewers to know that we are going to continue to drive forward. there are steps here, big win for agriculture. the vice premier said more than $50 billion. we welcomed it. but the truth is as the vice premier said, they will be opening markets even more than con tell plated in this deal. it's $200 billion in u.s. exports to china over the next two years. that will support american jobs and american workers. in an economy that's already

booming. 7.1 million jobs. unemployment at a 50-year low. it's been a resolve of the fact that president trump has delivered on less taxes, less regulation, unleashing american industry. but also fighting for free and fair and reciprocal trade. even before the end of this week we'll see the united states senate approve the largest trade deal in american i history. the ud the usmca will be headed to the president's desk. it has brought americans back into the work force. wages are rising for the blue collar men and women. the forgotten are forgotten no more. it's all because of president trump doing what he said he would do in 2016.

lou: it should be no surprise that the president backs up -- he told every american what he was going to do, and i talked about prosperity for everyone. and he talked clearly and emphatically that america will be first in our policy interests. it's extraordinary what your administration has done. i believe this president is historic in every sense of the world. at the same time, in this moment of making history across the way, the house of representatives, the democrats, were passing a resolution to move two articles of impeachment against this president. your thoughts as we sit here today. >> after a sham investigation, and a partisan impeachment, that we were told was urgent. there were large national issues at hand that needed to be dealt with quickly.

nancy pelosi sat on her articles of impeachment for a month. and today they cast a vote to forward those articles to the united states senate. what the democrats are doing in congress is a disgrace and a great disservice to the american people. the house democrats had their say, republicans in the senate will soon have their say. but i have to tell you, i heard it again last night in wisconsin. i think the american people are going to have their say in november not only when they re-elect president trump for four more years, but when they vote to re-elect a republican senate and elect a republican house of representatives. i think the american people see this partisan impeachment for what it is. they see the baseless allegations. they can read the transcript. they know the facts of this case. so they see the politics driving

all of this. i think it american people will say enough is enough. lou: we'll have much more of exclusive interview with the vice president in just a mdurine deal signing. president trump gracious live gave it was generous and i appreciate his kind words. president trump: a man who always liked me because he's smart. so smart. the great lou dobbs. at first he said, he's the best since reagan. then he got to know me more and more and he said he's even better than reagan. then a few weeks ago somebody told me, and i watch all the time. somebody with a very important show, tremendous audience and everybody in this room watches. but lou dobbs, he said he's the greatest of them all. i said does that include washington and lincoln? and he said yes. i don't know if he was for real. but that's okay. the great lou dobbs.

thank you very much. thank you. good show, lou. lou: thank you, mr. president, and yes, i was for real. up next, more of my exclusive sit-down with vice president pence. we take up how the president manages to carry out his achievements more than any other president in modern history despite the endless efforts of the radical left and the party of hate to overthrow him and his presidency. i like liberty mutual. they get that no two people are alike and customize your car insurance so you only pay for what you need. what do you think? i don't see it. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ aleit's a master stroke ofe's heartachew. and redemption. the lexus nx. modern utility for modern obstacles.

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[♪] president trump: from this nation's vibrant heartland to our cities, farmers and innovators have waited for this

agreement. we mark a sea change in international change. at long last the americans have a government that puts them first at the negotiating table. lou: the president not engaging in hyperbole. the landmark trade deal promises much for the working men and women, our middle class and all who aspire to it. we take up my conversation with vice president mike pence talking about the many achievements of the trump administration, working for the american people. >> the american people are proud of the leadership this president provided. how he kept the promises he made to the people of this country. it's not only the economy. this is a blue collar boom across the country. with you the american people saw that military we rebuilt the last three years and make america safer and make the world safer.

it's remarkable to think while the democrats have been spending all their time on a partisan impeachment, and a sham investigation, we have been rebuilding our military, we have been standing strong with our allies, standing up to our enemies. we are taking the fight to the terrorists on their soil. their leader al-baghdadi was taken out in september of this year. i watched at the very turn of this year when mortars truck an american base and claimed one american life, president trump ordered airstrikes on five basesle controlled by iranian-backed militia. in the wake of that we saw protesters storm the american

embassy. the president sent in the marines and said no more been gassies. then when we saw actionable intelligence that a man responsible for killing and wounding thousands of american soldiers. the head of the iranian guard, quassem soleimani was in our sights. the president made the decision quassem soleimani is gone. because of the professionalism of our soldiers on the ground. despite a missile attack by iran, no americans were harmed. contrast that with three years relentless investigation, obstruction, resistance, culminating in their partisan impeachment. that tells me in this election year 2020. we are not only going to re-elect president trump for four more years in the white house, the american people will

reef elect a republican senate and put a republican majority back in the house of representatives. lou: they are giving you even more, if you will, impetus toward that success at the polls this year when they defend soleimani. they defend the world's deadliest terrorist. they defend the iranian state which is the largest state sponsor of terrorism on the globe. how in the world their leadership moved so far from the american people and the national interest. your thoughts? >> i served in the congress for 12 years. and i don't recognize the democratic party in congress today. the green revolution in 2009 happened. and i actually worked with a prominent democrat in congress named howard berman. we've offered a resolution to

support the iranian's effort to have democracy in their country. but today partisanship is the order of the day for democrats. it used to be partisanship ended at the water's edge. to have democrats being critical -- bernie sanders referred to the president's decision to take out the leading terrorist for the last 20 years in the world as an assassination of a government official. you know, quassem soleimani was not a government official. he was a terrorist. and recognized as much around the world. it was a justifiable target and the president took action and the world and americans are safer as a result. but to have democrats criticize that.

that's their right. it's a free country. but i think it's deeply offensive to millions of americans. if i may say so, particularly to the families of 603 service members who lost their lives between 2005 and 2011. in the iraq war. and we can trace those attacks directly to quassem soleimani and his iranian revolutionary guards support in iraq. i know they were on the president's heart when he made the decision without hesitation. quassem soleimani has been a threat to the united states and our allies in the region for 20 years, since he has again in charge of the iranian revolutionary guard. but the intelligence that was gathered in real-time in the

wake of the assault on our embassy in baghdad conveyed to the president that soleimani was traveling the region to plan additional attacks. it's unquestionable, it's the conclusion our intelligence community. and for some to be giving the benefit of the doubt to quassem soleimani and not our intelligence community and our military leadership that's seem all of the evidence. lou: and our commander-in-chief. >> and our commander-in-chief, tells you all you need to know about how much partisanship has totally overtaken the democrats in washington, d.c. these days. and i think the american people had enough. lou: we'll have more with vice president pence right after these quick words. we made usaa insurance for members like martin. an air force veteran made of doing what's right,

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turning now to vice president pence we pick up our conversation object how the president is commanding the respect of america around the world. >> the american people can be proud of the fact that we have a president who embraces his role as leader of the free world. i will be back traveling interest thanks alley next week. you'll be at an event in israel with 40 heads of 8 representing the president. -- 40 teads o heads of state representing the president. president trump is a leader who says what he means and means what he said. barack obama drew a red line in the sand with syria with creme cal weapons. syria crossed it and he did nothing. the action again quassem soleimani, the airstrikes on five bases that claimed one

american life in december of this year, iranian-backed militia within iraq. the world knows president trump means it. the phase one deal today. phase one deal today. it would not have been possible if this president hadn't followed through on his commitment to use access to our economy and tariffs to demand that china come to the table and address not only the trade imbalance but the long-term structural issues we are beginning to deal with. forced technology transfer, intellectual property theft. currency manipulation. the phase one deal begins the process of resetting our trade imbalance and also dealing with those issues that really cost jobs and taken away assets of

the american people. none of that would have been possible if president trump had not been the kind of leader he is that says here is what i'm going to do, then does it. i think the progress we made today, the respect we command in the world days all derivative of the fact president trump is precisely that kind of leader. but to your point, i think your point about the environment is well taken. all the progress we made, rebuilding our military, over 180 conservatives appointed to our courts. revive the chair can economy through less taxes, less regulation. jobs created. all of that has been done in what is in my lifetime

unprecedented partisan opposition in washington, d.c. literally -- i think this is where the american people see what's going on, lou. literally since the day we were inaugurated, there was talk among the democrats and the radical left for how they could impeach this president and overturn the results of the 2016 election. i think the american people see the mueller investigation that resulted in no obstruction, no collusion. case closed. even though they can read the transcript there was no quid pro quo. said was released. democrats are continuing to drive forward on essentially their effort to overturn the results of the 2016 election. but i really believe the american people see through it. everywhere i go across the country people tell me, tell the

president to keep fighting. we are with you. i note american people will be -- i know the american people will be with us all through this year. and they will be with us election day 2020. >> by then the democrats will allow themselves to say thank you to you and president trump for your extraordinary success. unprecedented success. thanks. the vice president hard work. january 23 he attend the world holocaust foimple in jerusalem. then meets with pope francis at the vatican january 25. then he's at a trump rally january 30 in des moines, iowa. we would like to hear your thoughts tomorrow my interview with the vice president. up next, general michael flynn

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lou:ien michael flynn is in some kind of trouble, and i have to tell you i can't figure out what the u.s. justice department is doing. flynn is seeking to change his guilty plea on charges of lying to federal investigators. flynn citing the government's bad faith and vindictiveness against him. the move comes after federal prosecutors change their recommendation that flynn be given a lenient sentence to up to 6 months in prison. joining me is his attorney, sidney powell. former prosecutor and author. great to have you with us. this is one of those cases where i have to tell you just reading about all of these motions, what you are discovering leaves me infuriated. this is the trump

administration's justice department. >>it is thousand. lou: they are going afterien michael flynn. as i read what you have filed here, the prosecutors in point of fact were lying to and defrauding a court. >> that's to put it mildly. we have evidence they were actually trying to force mr. flynn to lie to a yuri and a judge in the d lie to a jury and a judge in the eastern district of virginia. we have a document that shows the prosecutor from special counsel's task force who is til running this prosecution. lou: he has a history. >> yes, he has a history. he was with mr. mr. weissmann on the pegs counsel operation. and determined to take downien flynn. that was their path to the

president. >> he's due to be tensed this month, correct? >> correct, but the government has agreed to a continuance. lou: isn't that delightful. >> yes. lou: at some point a judge has to make a decision, and the attorneyien has to make -- the attorney general has to make a decision about justice. this antithetical to justice. given the special counsel and the other madness of the efforts to overthrow this president. >> what i'm seeing by the days an outrage. in van graf changed the language of offense created against general flynn. so when he said last summer that

he wanted flynn to testify to something he knew because he didn't do it himself, and that isn't true. if that isn't subornation of perjury, i don't though what is. lou: he didn't yield to extortion, so he's going to be sentenced -- if the judge and the prosecutor have their way, to six months in prison. these sounds like crimes. this is not simply process or difference of opinion about the way in which paperwork is filed. these are actually abuses of power by prosecutors. >> threat to suborn perjury. lou: could you put a prosecutor in jail for this? >> if i were a prosecutor i could. lou: can you not turn to the

justice department to say isn't there some basis for ethical conductth this justice department and who the hell do i talk to? >> that will be forthcoming. and we have more evidence including the original 302 does state mr. flynn did not lie. which explains why the original 302 is missing. lou: it sounds as if not only did the prosecutor commit fraud and lie to extort a guilty plea. it sounds like the fbi was an accomplice. >> their system tracks everything. if sobl destroyed it, the audit trail will show that. we haven't been able to get the original 302 or the audit trail. judge you will vanl denied us all brady. lou: does he have the integrity

to grab the justice department by the nap of the neck and bring them forward and say this has to end? >> i certainly hope so. he need a continuans first because there is d we need a continuance first because there is more information we need to brief for him. lou: sidney powell, we wish you luck. give them hell. >> we won't stop until we win. lou: thanks so much for being with us. stay with us. we'll be right back.

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stay resthe new rx,the icon thatcrafted by lexus. lease the 2020 rx 350 for $419 a month for 36 months. experience amazing at your lexus dealer. lou: president trump at the white house today on the signing of what he called the transformative trade deal with china. president trump: it doesn't get any bigger than this in terms of a deal and in terms of wait represents. keeping these two giant powerful nations together in harmony is important for the world. and the world is watching today. it's a great honor to be involved. it's a great honor, mr. vice premier to be with you. thank you very much. lou: that's it for us tonight.

thanks for being with us tonight. see you tomorrow. and for tonight, good night from washington. [♪] [♪] trish: the leftist globalist media conglomerate cnn has spoken. the media's money is on open border loving socialist elizabeth warren. that's who they decided should become the 46th president of the united states. they talked about climate change and how much they december spice donal --how much they despise dd trump. >> democratsr i