eastern. on friday nights at 9:00 p.m. for "wall street" on fox news channel, every sunday morning for "sunday morning futures live". thank you very much for joinin ♪ >> from the fox studios in new york city, this is a special edition of maria bartiromo's "wall street." maria: and happy weekend, everyone. welcome to the program that analyzes the week that was and helps position you for the week ahead. i'm maria bartiromo. this weekend a special broadcast. we have a great show coming up, this one-hour edition of "wall street." my exclusive fox business interview with president donald trump. this week the president invited me to the white house and gave me a wide-ranging interview on everything from the 2020 election, china's culpability in the covid-19 pandemic and how to get america back to work after this crisis. we began with his thoughts on coronavirus taking hold inside

the white house. >> what's happened to the world and to our country with all of the death. we are going to build our economy back bigger than ever, but with all of that death you could never replace what's taken. it's very sad for a lot of families, you know, so horribly hit and so unnecessary. they could have stopped it. they could have stopped anytime china where it came from. but didn't happen that way. maria: i want to ask you about china, i'll get to that. but let's talk about the reopening of america right now. about half of the states have begun this process. >> right. maria: is it too soon? there are some calls out there that they're talking about a relapse in the fall. is it too soon? >> so i want them to open when they can, when they want. the governors are opening them. most of them are either opened or opening or considering it. i think that we have to get back to work. we have to get our country back. we have to take it back.

it was artificially closed. i think we're doing incredibly well considering the fact that we had the greatest economy, maria, in history. you report it every morning. the greatest that anyone's ever seen. best job numbers, best stock market numbers, best everything. we had the best everything. and in addition, to the military being strong, all of the things and just one day, boom, we had to close it. we did the right thing and now we've got to get back. we've got to bring our country back, and it's going to happen, and it's going to happen fast. i call it a transition to greatness. you're going to have to third quarter. people are starting to get into that right now, but it's going to be a transition. that's a transition quarter. we're going to do well in the fourth quarter. i think next year with all of the still -- stimulus, we're going to have one of the best economic years we've ever had. maria: dr. a few is saying a different thing, he's worried about -- dr. fauci. he's worried about spikes turning into outbreaks.

he says it seems like it could be too soon, and the danger is if we skip over the checkpoints and the guidelines to open america again, then we risk the danger of multiple outbreaks. >> so anthony is a good person, very good person. i have disagreed with him when i closed the border to china, he disagreed, and ultimately he agreed and said i saved hundreds of thousands of lives, which is what happened. everybody disagreed when i did that. i think that we have to open our schools. young people are very affected by this. we have to get the schools open, we have to get our country open, we have to open our country. now, if we want to do it safely are, we also want to do it as quickly as possible. we can't keep going on like this. you're going to have -- you're having bedlam are already in the streets. you can't do this. you have to get it open. i totally disagree with him on schools, and we will have -- i call 'em embers, i call them

spikes, and i notice he used the word spike. well, you might have that, and we'll put it out. we've learned -- we didn't know anything about this. this is a horrible disease. this is a horrible plague. i call it a plague. it's a terrible thing. we've learned a lot, and we also know how to put it out. we have to open our country, we have no choice. people are dying this way too. when you report this better than i could ever report it, but people are dying with this closure, with this shutdown of a country where they're in their house, their apartment, they're not allowed -- some people are too tough on it. they're not allowed to go out. they're losing their jobs. we're not going to let it happen. maria: do you think your critics want you to keep it closed going into the election? >> yeah, i do, i do. it's a political thing, in addition. maria: they're saying you're putting money, business ahead of lives. >> no, no. i think -- [laughter] the people that wallet to see the right -- that want to see the right thing happen, they

agree with me. we have to get our country open. you know, if it was up to some people, let's keep it closed for a long time, okay? a long time. and watch the united states go down the tubes. not going to happen. never going to happen on my watch. maria: do you see long-term damage done the longer that you stay closed? jay powell said that as well, that there is a long-term impact the longer it stays closed. >> yeah. so what i do see is this, i see we're losing tremendous number of lives. so is the world. you know, the world, 184 countries, it's now more than that. think of it. the tremendous lives lost. so that can never -- you talk about damage, that can never be replaced. we're going to lose over 100,000 perhaps in this country. now, in all fairness, that's at the bottom level of the scale. we would have lost two million, we would have lost more if we did it a different way. but you're talking about 100,000, a little bit more, less, who knows? it's a terrible thing. no, so that can't be replaced.

we're spending trillions of dollars on all of the damage economically, financially that it's caused. so it is a terrible thing. it's just an incredible thing. we were sailing. two months ago we were sailing. we were -- we had the best -- more the best unemployment situation in my lifetime at least. and now we're talking about 33 million people filing for unemployment. even after $10 trillion in stimulus -- >> that's all going to come back. the lives won't come back. that's all going to come back. it's going to come back fast. now, with that we're spending money, we're borrowing money, all of that stuff is bad, but all of that's going to work with out. that's going to all come back. we have a strong dollar. we have a great country. the people want to go back to work, and they don't want to lose their jobs, by the way. maria: so you want a strong dollar, because in the past -- >> i tell you what, it's a great time to have a strong dollar. because the whole world -- you know, we're paying zero interest rate. that's never happened either. everybody wants to be in the

dollar because we kept it strong, i kept it strong. now, from a trade standpoint it's tougher, but from a country standpoint and an inflation standpoint, you don't have inflation, you don't have problems. no, we have a strong dollar, and right now it's good to have a strong dollar. and i can live both ways, you understand that. but right now having a strong dollar's a great thing. maria: what's the right mix of policies to get us back? you had a policy program in 2017, and you moved the needle on economic growth. that was tax cuts, that was deregulation, that was turn turning on the energy spigot and the new trade situation. is it the same playbook to get us back? >> so we're going to have maybe a different playbook. stronger than i would have ever said. i was very much a pro-usa person. i was america first, right? always. you've known me ever since you've known me, and i was right about that. strong borders. our border's very strong. we have some of the best numbers we've ever had.

southern border, the best numbers we've ever had -- maria: you campaigned on. >> i did. and we've built 182 miles of -- you know what that is? we'll be close to 500 miles by early next year. maria: of new wall. >> brand new. all brand new. and renovate too, but i'm not even talking about that. we're talking about over 500 miles of wall. maria: more of my exclusive interview with president trump coming up. he will tell me, when we come back, when he thinks the covid-19 vaccine will be available. it's all coming up. ♪ ♪ at fisher investments, we do things differently and other money managers don't understand why. because our way works great for us! but not for your clients. that's why we're a fiduciary, obligated to put clients first. so, what do you provide? cookie cutter portfolios? nope. we tailor portfolios to our client's needs. but you do sell investments that earn you high commissions, right? we don't have those. so, what's in it for you? our fees are structured so we do better when you do better. at fisher investments we're clearly different.

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♪ ♪ maria: welcome back. president trump standing resolute in his desire to get americans back to work and get the economy churning once again. the president also confident that a coronavirus vaccine is on the way. >> when you think of what we've done, i was always america first, make america great again, right? and, basically, it's that, but

it's that plus because a lot of people fought me on china. you hear all that honking, do you know what that is? that's trucks. maria: trucking protesters. >> well, they're not protesters, they're supporters of me because we're getting things for the truckers, all those great truckers all over the country. can and they're really very thankful that i'm president, frankly -- [laughter] when i hear the horns of a thousand trucks outside, it's great. what we're doing is what i was doing before but even more so. and i'm even stronger about it, america first. china, i made a great trade deal. the ink wasn't dry when the plague came over from china. but the ink wasn't even dry. maria: they didn't tell you about it when they came here on the 15th of january and shook everybody's hands -- >> that was never even a subject. that was not anything that anybody really understood or knew about at the time. but china, i'm very disappointed in china, i will tell you that

right now. we can do things in our country. you know, we used to make our own product. you believe it, right? we used to make our own product. we don't need 37 pencils. we can buy 2 pencils, and they can be better. but, you know, we went astray. the whole thing, we went astray. i've been talking about this for 20 years. probably it's the number one reason i ran for president, because i saw that our car industry was leaving, going to mexico. you know, mexico makes 30% of our cars. it's not even believable -- maria: well, this, businesses wanted cheap labor but also lax environmental rules. >> the cheap labor turned out to be ebbs tensive. when you -- expensive. when you add what's costing by us with our drugs, our pharmaceutical products, so many different things -- maria: minerals. >> so i put tariffs on china, and we've taken in tens of billions of dollars. i gave a lot of those -- that

money to the farmers because they were targeted by china. and every other president let china do whatever they wanted. you know, we were losing anywhere from $200 billion to $500 billion to china a year. think of it. we rebuilt china. and i give them a lot of credit, but i don't give our past presidents and leaders a lot of credit because they got taken to the cleaner. maria: so how do you get us back? when you look at these numbers, we're going to be going into the election with a double-digit unemployment rate. could we get below 10% by december? >> no, next year i think we're going to be very, very strong again. we have tremendous powers that other people don't have. we have tremendous job capacity, and i think what's going to happen is next year's going to be one of our best years. i feel that we will transition in this third quarter. fourth quarter's going to be good. next year's going to be incredible. maria: are there industries that you're thinking will lead us out of this, that are more poised to

open and have economic activity than others, and what about states? are there states out there that have become a model for you? i know georgia did well, florida as well in terms of their openings -- >> but don't forget, those states, none of them would have done well without what we did in the federal government because we became the ventilator maker of the world. we are now doing things with ventilators that nobody thought possible. when we took over, we didn't have -- nobody knew what a ventilator was. we're making thousands of ventilators now a week. and also, by the way, everybody's got ventilators. we're giving them now and selling them to other countries who desperately need them. other countries are calling up, they desperately need them. we have testing capital. you see the numbers. you've seen this before. this is the us in the blue -- maria: you're up ten million. >> look at this, over ten million tests. maria: we get to the place where the white house is, in corporate america, every time you go to work, you get your temperature

taken, you get a test. >> you don't want to be doing that. look, we want to go back to, look, you want to see a baseball game, a football game, i went to the alabama/lsu game last year. they had 110,000 people in the stadium. i don't want to see 25,000 people where you have empty seats all over the place. maria: when do you think we can get back to that, mr. president? >> i think we're going to have a vaccine, yeah, i think we're going to have a vaccine by tend of the year. we're doing very well, and i will tell you something i just literally left a meeting, we're mobilizing our military and other forces, but we're mobilizing our military on the bases that we do have a vaccine. you know, it's a massive job to get this vaccine. our military is now being mobilized. so at the end of the year, we're going to be able to give it to a lot of people very, very rapidly. maria: and you're doing something with syringes as well to that you can have plentiful, you have enough vaccines. >> that's right. we will have tremendous force.

assuming we get it, then you have to distribute it. maria: right. >> and unless you're mobilized and ready, you're not going to be able to do it for a long time. so we're starting now. we're of the assumption that by the end of the year we're going to have a vaccine, and then we have to be able to give it, to use it on most of our population. now, we'll focus on elderly. we're going to focus on nursing home and, you know, senior citizen centers because that's really, if you look at it, that is so -- that is a very vulnerable group. it's a terrible thing. but, so we're going to be focused on that. maria: okay, if you're below 50, you're healthy and strong, you're okay, go back to work. elderly, divide them -- >> well, we're doing that. i'm actually saying with the schools, open the schools. but if a teacher is 65 or older, especially if they have diabetes, if they have a bad heart, if they have a problem, we saw say relax for a longer period of time. but if you look, there's been very little damage done to

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♪ ♪ maria: welcome back. many are calling for structural changes to how we vote come election day, but president trump is weary that some of those ideas could open the door to voter fraud. the president gave me his thoughts on that as well as the $3 trillion house stimulus plan which includes a new way to vote. >> so it's dead on arrival. we had a very interesting evening last night, as you know. in wisconsin we won very,

very -- by a lot. and this is not, there's no election. it was a special election. we won a house seat. supposed to be close. we won by a lot. we had a great person, now-congressman tom tiffany -- maria: just won in california, a special election. >> and in california. we're just getting the numbers. it looks like we won that big. he's been a tremendous candidate, mike garcia. he went out, he worked and he won, and he took back a seat from the democrats in california. think of that. in an area that nobody thought possible and was held by a democrats, as you know, the democrat who had a lot of problems. and mike went out and he won, he won that seat. these are two -- now, the press doesn't even write. but if we lost those seats, it would be headline news, rough time for trump. because i'm running against sleepy joe biden, but i'm also running against the democrat machine, and i'm running -- and you see how allowed bad they are with all of the things that are

coming out. when you look at these releases -- maria: we're going to talk about that. >> i'm running against the democrats and i'm running against the media. i'm running against the radical left. i'm running against some really stupid republicans that don't understand how good they had it, because we have some -- i'm at 95 or 96% with the republican party. but we have some people that claim to be republicans, and they've gone crazy. and the reason is i've defeated them all. you know, they were my opponents, and they've never gotten over it. weaver and schmidt, all losers. and they go out and they try buying commercials. and you say, gee, we rebuilt our military, we've taken care of our vets. our vets are in the best shape -- you've never seen anything with the vets, with choice and everything else. we've done such a good job. and then you add the judges and protecting our second amendment. what are these guys going to do, support joe biden? you know, because joe has been brought way left, way, way left.

they've never gotten over losing to me. it wasn't supposed to happen, and then i had another race that was against crooked hillary clinton. and she's never gotten over it either. maria: well, she's been tweeting already saying that we have to -- vote by mail. now, i know that there is interference in the 2016 election, they were out to get you and they wanted to take you down. there's another kind of interference, and that could be fooling around with voting machines. i mean, in terms of voting by mail, vote proxies, what's your take? do you want that? >> no, but -- maria: she's been tweeting about that. >> voting by mail is very dangerous. people can grab them, they can take that proxy, sign a name, they can do all sorts of things, especially harvesting. they go out and say, you know, let's put them all together. and that's happened. by the way, we were thinking that might happen in california. we were worried about the race. but, look, in california they actually won. they voted by mail. the one we just won today.

we just won it. vote by mail. and they were losing because when you vote by mail, you see the tally how it's going, right? and we were losing. we were losing that issue. so we lost that issue. we're voting by mail, we're winning. whatwhat happens? they immediately set a voting booth up, wasn't supposed to, in the middle of a democrat area so they could get votes. but they still didn't do it. we won the race. maria: why would nancy pelosi come up with this $3 trillion plan? she knows it's dead on arrival, marijuana business in the med ifing of a pandemic -- middle of a pandemic. >> more than anything else she wants the voting change. if you did that -- look, they have had some very dishonest things. california, look at los angeles where judicial watch settled a case where with they agreed a million votes were fraudulent. a million votes in one area for fraudulent. and they could have done a lot more, but it was so ridiculous,

there was no reason to go any further. they came to a settlement. they agreed on a million votes. the level of dishonesty with democrat voting is unbelievable. if you told a republican to vote twice, they'd get sick at even the thought of it. and you have people that vote numerous time. what's happening is crazy. so now they want to send out vote-by-mail. who's going to -- who knows who's signing this stuff? not only should they come and vote, now, if you're a senior citizen and if you're this or that like in florida, there's a great system of voting, but it's a fair system, and it's a very closely-watched system. is so in some cases, age, you're not feeling well, you should be able to do it. but you have to go out and vote. and if you don't do that, it can be -- we'll have the worst rigged election since bernie sanders. because bernie sanders has had a lot of bad things happen to hum. you know, it's interesting -- maria: that's a good point. i'm glad you make that. >> bernie sanders and elizabeth

warren drops -- and nobody talks about this. i say it all the time because it's so basic. elizabeth warren was a failed candidate, but she got a lot of the super-liberal votes, you know, the radical left, i call it. and she didn't drop out of the race. super tuesday. if she drops out of the race, she doesn't even have to endorse bernie sanders. he wins every state, almost every state against biden. but she didn't, and then two other people did drop out, they gave support to biden. and despite that, if she -- because she got, you know, thousands of votes. every one of those races were very close. he would win almost every state, bernie sanders. bernie sanders. maria: president trumpmpmpmpmp the new house is amazing. so much character. original crown molding, walk in closets... we do have a ratt problem. ♪ round and round! ♪ with love we'll find a way, just give it time. ♪ at least geico makes bundling our home and car insurance easy. it does help us save.

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chains to the united states. >> never going to happen. we'll keep our vice president very healthy, and i'll stay healthy. never gonna happen. she would be a disaster. look, nancy pelosi's a disaster, okay? even doing a thing like that, what she wants to do is get involved with the voting. she just got back to washington. what was so long? she just got back here. so let's just see how it all works out. i think we're going to have a great election. i'm getting really goodell poll numbers. -- good poll numbers. for the most part, they're not being shown. and i saw joe biden on television yesterday, and if you watch him, he knows nothing. he knows absolutely nothing. maria: do you think he will be the candidate? >> i don't know. i just don't know. i mean, i'm looking -- normally, of course, yeah, he's going to be the candidate. again, if elizabeth warren, pocahontas as i affectionately call her because her whole life was a fraud, if elizabeth warren

just got out before super tuesday, it would be bernie. i don't care who it is. i actually would prefer joe, i think, who knows about those things? but a lot of people wonder is he going to be the candidate. maria: you know, how will you be positioning yourself for the election? because people voted for you because they trusted your economic smarts. they knew you could turn things around for the economy and business. you're a business -- >> and i did. maria: exactly. but now we've got 33 million people filing for unemployment, we've got 20% -- >> nobody blames me for that. maria: unemployment -- >> look, we had the greatest -- maria: so will you position yourself differently going into -- >> no, i don't think so. i'm going to do it again. i gotta do it again. i did it once. i showed it could be done. and you know, i've been on your show plenty. i did it once and i'll do it again. he can't do it. maria: are you thinking about a payroll holiday? >> i like the idea of a payroll

tax, and i'd like it both for the small companies, you know, etc., etc. and the people. because it's a double. it's also for people. the worker. i'd like a payroll tax -- maria: a cut or -- >> cut. yeah, cut. meaning cut. that's one of the taxes that i want to see cut. and, by the way, we've given the largest tax cut in history. if we weren't so strong as a country, we wouldn't even exist right now. we built an incredible machine. it was a beautiful thing to watch. it was -- i even said three months ago i was with a group of people, i say, can you believe this? every single day better employment numbers, better stock market numbers, more jobs, the military's almost complete now, we've totally rebuilt everything, and then one day i have to tinter9 off. now, what's going to happen, maria, we're going to rebuild it again. and it's going to go fast. maria: do you have to give aid to the stateses?

mayor de blasio say he needs to be made whole. what are you thinking in terms of aid to the states, the cities? how are you going to decide who gets what? >> you've had a lot of states and cities that have been badly run for a long time. a lot of them are trying to use the covid problem, you know that, for making up for what's happened over 25 years of bad management. like your governor of illinois. he wants money. he wants money. i know the family. he wants money. you know, let's make up for 25 years and some very bad current years. now, there's one thing. if they spend the money, that's one thing, for covid. but they want money for 25 years of bad management. it happens to be that virtually without exception their all in democrat states. it's very interesting. los angeles wants money, new york wants money, illinois is really having a hard time. they all want money. we have republican-managed states that are doing very well.

you know, it's a big difference. maria: i want to get to china, mr. president, but let me ask you this. you've talked a lot about supply chains. you changed the conversation on china, obviously, and now we're seeing the average american understand we cannot have 70% of our active ingredients in our prescription drugs made in china. how are you going to get these companies to bring the supply chain back to america? are you going to do tax breaks? how do you incentivize them to do it? >> you could tell you hundreds of stories of the stupid by i've seen. as an example, we make a fighter jet. i won't tell you which, but it happens to be the f-35, okay? it's a great jet. and we make parts for this jet all over the world. we make 'em in turkey, we make 'em here, we make 'em there. because president obama and others -- i'm not just blaming him -- wanted, thought it was a wonderful thing. the problem is if we have a problem with a country, you can't make the jet. we get parts from all over the

place, it's so crazy. we should make everything in the united states -- maria: will we do it? >> yeah, they're doing it because i'm changing all those policies. look, we make f-35s, very important, the greatest jet in the world. where the main body of the jet is made in turkey and then it's sent here. so what happens? we have a good relationship with president erdogan. what happens -- with me. what happens if we don't have? are they going to say, well, we're not going to give you this -- maria: china said that. they threatened that they weren't going to -- >> we haven't done anything. well, i've taken in billions of dollars in tariffs, and these drug companies have to get on the ball because they're not going not only to china, they're going to india, and they're going to ireland, and they're going -- all over the place. maria: apple said now they're going to go to india. and do some production in -- >> if they do, you know, we gave apple a little bit of a break because they're competing with a company that was a part of a trade deal that we made. so it was a little bit unfair to

apple. but we're not allowing this anymore. maria: when we come back, president trump talks trade in our

adversity came to town and said, "show me what you're made of." so we showed it our people, sourcing and distributing more fresh food than anyone... we showed it our drivers helping grocers restock their shelves. we showed it how we're donating millions of meals to those in need. we showed it how we helped thousands of restaurants convert to takeout and pop up markets. and how we're encouraging all americans to take out to give back. adversity came to town. so we looked it right in the eye. and it won't be us... ...that blinks first.

♪ ♪ maria: welcome back. trade was one of the main staples of president trump's campaign in 2016 along with deregulation and tax cuts. in my exclusive one-on-one with the president, we spoke about what has been done to level the playing field with u.s. trading partners. >> if we wanted to put up our own border like other countries do to us, apple would build 100% of their product in the united states. that's the way it would work -- maria: so you don't think you need to incentivize --? >> no, i i i have to do -- one incentive is to charge tax when they make product outside. we don't have to do much for them, they have to do for us. look, you have these companies, and they build -- as an example, mexico. great relationship with mexico.

they've been very nice to us. they have 27,000 of their soldiers on our border because i insist id on it. maria: yeah, i remember. >> but you have mexico. they build a car and they send it over the border no tax, no nothing. when we build cars, we send them to other countries, if you take europe, european union, it was formed for the benefit of themselves against us, okay? it was formed to hurt us. it's about manufacturing. i want to bring it all back. i've been -- look, there's nothing good about what happened with the plague, okay? especially the death. but the one thing is it said trump was right, because i was getting a lot of fight-back even from people that i like a lot in congress, etc. and now they're not fighting. these stupid supply chains that are all over the world, we have a supply chain where they're made in all different parts of the world, and one little piece of the world goes bad, and the whole thing is messed up. i said we shouldn't have supply chains, we should have them all in the united states. we have the companies to do it. and if we don't, we can do that.

maria: and now this part of our economy is getting crushed, hotels, restaurants, we need the manufacturing to be picking up. >> it's all happening. maria: let me talk about china. you called it an attack the other day. was it deliberate? >> so a terrible thing happened, and you can look at it as a source. it took place in a certain, at a certain point. and it could have been put out, and it should have been put out. and we asked to go over, and they said no. they didn't want our help. and i figured that was okay because they midwest know what they're doing. -- must know what they're doing. so it was either stupidity, incompetence or deliberate, one or the other. but one of the things that is bad is they stopped people leaving. nobody could go to china. you couldn't go to beijing or anywhere in china, but you could go to the rest of the world. what was that all about? why is it -- maria: 430,000 people traveled from china to the united states

after coronavirus was known. >> right. okay, so we took in, as you know, a very small -- because in january, i put -- and i was criticized by everybody, including dr. fauci. i put in a wall, a very strong wall. only a small number of people were allowed in, and they were all u.s. citizens. i can't tell a u.s. citizen you can't come back into your country. and then i put up a barrier to europe too because what happened these same people and others went to europe. europe became heavily infected. italy, a very favorite place of yours -- maria: yes. >> italy, spain, france became very, very badly infected. infected. it's a terrible word, isn't it? it all became a horror show. and then i closed it because i didn't want people coming in from europe, if you can believe it. this is what happened. but by doing this, we actually acted very early. we did a thing, we did a great thing, but it's a disastrous subject no matter -- maria: knowing what you know now

and as you start reopening things and you're getting info from all of the governors and you're tracking this, when would you expect international travel to come back? is that a 2021 affair? >> all i can say is this, as soon as possible. we can't send planes over to a country that right now -- i mean, i'm not going to mention cups, but there are some that are right now, we talked about one just a little while ago really badly infected. so we can't bring people in that -- maria: it's going to take a while. >> it'll take a little while. but a lot of people are going to start traveling more so in the united states. and they'll be back. it's all going to be back together. and in many ways, we've learned a lot. and we're going to bring back manufacturing that we could never have done without this. as bad as this has been, because now people agree with me. a lot of people are saying trump was right. i've been talking about this for a long time. i've been doing a lot about it. but, you know, they've become embedded. it's almost like it becomes a way of life. we have to do business.

maria: so much stimulus -- >> it's not about the world. we have to fix our country. the world we want to be a leader, the leader, but i'm -- right now i'm president of the united states. i'm not president of the world. i say it all the time. i want to make america great again, i want to do what we had -- you know, years ago we made our own product. we didn't rely on everybody in the world. they have their own problems. maria: so what happened? they just wanted to do it cheaper? they wanted -- >> they're globalists. they're globalists. they're people who think we have to make the world wealthy at our expense. i don't even know where these people come from. but those days are over. and if nothing else over the last two months, it's been proven to be right. maria: stay right here, more of my one-on-one with the president and breaking news late in the week when we come right back. hear what the president has to hear what the president has to say about china's hi, i'm bob harper, and i recently had a heart attack. it changed my life. but i'm a survivor. after my heart attack, my doctor prescribed brilinta.

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♪ ♪ maria: welcome back. well, the rhetoric and relationship between the united states and china worsening. markets are reacting. on friday the administration moved to block shipments of huawei technologies from global chipmakers. also at the end of the week, a veiled threat from the communist party via the chinese newspaper "the global times" which reported that go to p lawmakers -- gop lawmakers who oppose china will face retribution, josh hawley and tom cotton will be added to china's sanctions list. the editor also threatening qualcomm, cisco, apple and boeing. i asked president trump about china and specifically where the coronavirus originated. >> when it came from the lab or came from the bats or came -- it all came from china, and they should have stopped it. they could have stopped it at

that source. i call it the source. right there -- maria: they made the decision to allow it to escape its borders. >> i don't know if they made the decision, but it got out of control. i think more likely it got out of control -- maria: senator cotton says that they didn't want the chinese economy to contract 20% and the rest of the world to contract 2%. >> so we were beating them very badly before this. we were beating them between the tariffs and other things we were doing, and we were going up, and they were having a very bad year, the worst year they've had in 56 years -- maria: had hong kong protesters on the street. >> and even beyond that. and we were really doing well. and that is a theory. but here's what i know for sure, they didn't allow this whole thing, or they didn't allow people to go into china, but they did how them to go out to the world including the united states. that's why europe is a mess, that's why -- look at these countries. russia's having a hard time. everybody's having -- maria: will it get worse for those countries, do you think?

>> for some of them. some of them have just started the process. we're getting toward the end of the process. maria: they downplayed the disease, the virus, at the same time they're allowing international travel. 5 million people leaving wuhan going to italy, going to the united states. then they start cornering the market on protective equipment even though china is already the largest -- >> yeah. that's not the big thing. the big thing is, look, they should have never let this happen. so i make a great trade deal, and now i say it just doesn't feel the same to me. the ink was barely dry, and the plague came over: and it doesn't feel the same to me. maria: are they going to renege on it? they're not going to buy the 250 billion, are they? >> they will buy 250 billion. they said somewhere -- i i see they'd like to renegotiate the deal. we're not going to renegotiate. look, i'm not happy about anything having to do with that particular subject right now. but everything i said turned out to be right. you go back 10 years, 20 years,

every -- i'm telling you, it's why i'm sitting here. this is the beautiful oval office, because of trade. not only with china, with other countries also. you look at other countries. they charge us tariffs to do business, and we're not allowed to charge them. maria: right now as we speak they're continuing to steal intellectual property. the fbi puts the warning out they're stealing intellectual property on science data, on research. they want to get a covid-19 vaccine before us. are they going to beat -- >> they were never called. now they're being call out all the time with me. for a long time, long before this -- maria: you can stop them from doing? >> well, we can stop them. they're going to try -- you could also stop doing business with them, that's one thing. look, we have lost a fortune dealing with china. we have rebuilt china. they're done a great job. but the people sitting in this seat have allowed them to rip us off like you've never seen before, and that includes president obama and biden.

sleepy joe. he allowed them to rip this country off. we spent hundreds of billions. we gave them hundreds of billions of dollars year in and year out. maria: have you spoken to xi jinping? >> i have a very good relationship but i just -- right now i don't want to speak to him. i don't want to -- maria: because senator cotton was saying maybe we should be limiting the amount of visas we give to students to study computers and a.i -- >> there are many things we could do. we could cut off the whole relationship. if you did, what would happen? you'd save $500 billion if you cut off the whole relationship. look, at what point does it -- and i said this for years. i said it with other countries also. you know, china's not the only cup ripping us off. at nato where we defend europe for nothing, by the way, essentially nothing, i was able to get them to pay hundreds of

billions of dollars more. you know my biggest fan in the world? secretary stoltenberg. maria: he has said that to me, actually. >> he's been there a long time. he said nobody's ever gotten -- you know, we were paying more and more, they were paying less. you have to see the chart of what they pay. so we are defending europe, and then they're taking advantage of us on trade. it's all one way, and it was all turning, and it is all turning around. maria: and you pull back the money. >> been proven to be right. yeah, i pulled -- maria: you pulled back the money from the thrift fund. they wanted to put 10% of the thrift fund into -- >> billions. maria: will you go one step further and force the chinese companies have to follow accounting rules if they want to be listed on the nasdaq? >> we're looking at that strongly, but on the thrift fund, you know it's run by the obama appointments, right? and we said you've got to do this. and we're going the find out whether or not their going to do

it very soon -- they're going to do it. and if they're not, we're going to replace them quickly. and we are looking at the second part of the question. maria: they're listed on the new york stock exchange, they don't have to report their earningsings the way an american company does? >> pretty amazing. here's the problem, look, i hate to say it. let's say we do that, so what are they going to do? they're going to move their listing to london or somewhere else. maria: don't go anywhere, more of this special edition of "wall street" right after this. ♪ ♪

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with tubi. watch free. maria: welcome back. that's all for this week. thanks so much for joining me. have a great rest of the weekend. be sure to tune in every weekend, 9 p.m. eastern friday nights for another edition of "wall street." and i'll see you on sunday morning, tune in on the fox news channel for more of my exclusive sit-down with president trump as well as a special program. senator john kennedy, my thoughts -- the president will give us his thoughts on the general michael flynn unkinging and a lot -- unmasking on "sunday morning futures," live on fox news, 10 a.m. eastern. plus, start smart every day

right here on fox business weekdays from 6-9 a.m. eastern for "mornings with maria" live every weekday. join us on fox business. that'll do it for us for now. thanks so much for being with maine ♪ >> 725 years ago this remote island of iwo jima, southern outpost of japan to be fought an japanese soil with the marines at their door the japanese fought to defend iwo with all they had. today it is a quiet sacred place. it's past as dark as the thick black sand of its beaches. here our men thought and nearly 7,000 of them died over 36 days to rest the crucial airfield on route to mainland j