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tv   Mornings With Maria Bartiromo  FOX Business  January 17, 2025 6:00am-7:00am EST

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♪ i believe most people are good ♪ ♪ and most mamas otta qualify for sainthood ♪ ♪ i believe most friday nights ♪ ♪ look better under neon or stadium lights ♪ ♪ i believe you love who you love ♪ ♪ ain't nothing you should ever be ashamed of ♪ ♪ i believe this world ain't half as bad as it looks ♪ ♪ i believe most people are good ♪ ♪ i believe most people are good ♪ maria: good friday morning everyone. thank you for joining us. i am maria bartiromo friday january 17, your top stories,
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6:00 a.m. on the east coast. the israeli cabinet convening to approve the gaza cease-fire deal after president trump ramped up the pressure on benjamin netanyahu to get the deal done before inauguration day, this committee has trump cabinet pixar back on capitol hill, treasury secretary nominee scott bessent telling the senate to extend trump's tax cuts are the most important economic issue today. as the house considers the upcoming reconciliation plan new fox news poll shall abide in a administration made the economy worse for voters who have overwhelming concerns about the state of inflation. everything that you need to know right here, futures indicated again at the start of trading. looking at games across the board after stock slipped yesterday as technology stocks drag on the broader market. apple down on reports of losing the top smart phone spot in china, big tech this morning right here coming upcoming european markets this morning are higher, together get the gains in the euros on right here and in asia overnight where we
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had a mixed story, fractional moves pretty much across the board in the asian embassies, time is running out on tiktok as the supreme court has yet to make its ruling on the federal sale orban law ahead of sunday's deadline. how one act for president biden could lead to the decision to president trump joining the conversation all morning long the lonski group founder john lonski, national review staff writer caroline donnie and fox business cheryl casone. "mornings with maria" is live right now. ♪ could kick it off with a hot topic of the hour to three days until inauguration day where president trump begins his second term some of the key cabinet facing a busy week on
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capitol hill for the senate confirmation hearing this week that apartment upon the insecurity secretary kristi noem will sit before the senate homeland security committee this morning at 9:00 a.m. eastern yesterday interior secretary doug burgum and energy secretary choice chris wright have their hearings highlighting the plan to unleash american energy under a second trump administration. >> president trump energy dominance will in those wars abroad and will make life more affordable for every family in america by driving down inflation. president trump will achieve those goals with clean air, clean water and protecting their beautiful land. >> previous administrations have viewed energy as a liability instead of the immense national asset that it is free to compete globally we must expand energy production including commercial nuclear and liquefied natural gas and cut the cost of energy for americans. >> we've been watching the development of trump's treasury
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secretary nominee scott bessent yesterday he presented the case for why current economic policies are not working and how president-elect donald trump will make it better. watch. >> i believe president trump is a generational opportunity to unleash a new economic golden age that will create more jobs, wealth and prosperity for all americans we are spending 2425% of gdp. as you said 6.8 to 7% deficit we have never seen this before. if we do not fix the tax cut if we do not renew and extend then we will be facing an economic calamity that america people should think about tariffs in three ways. one will be for remedying unfair trade practices either by industry or country.
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two, maybe four more generalized tariff as a revenue raiser. for the federal budget. we probably have gone overseas on sanctions and sanctions may be driving countries out of the use of the u.s. dollar. the tariffs can be used for negotiation. >> you believe that president trump's policies will further increase wages and lower inflation? >> i believe they will increase real wages and lower inflation closer to the federal reserve 2% target as it did during president trump's first administration. >> scott bessent outlining trump's priorities, what do you think. >> what he left out is very important is the regulation that is effectively a tax cut for american businesses in the way american consumers improve productivity and more productivity means slower price growth, less inflation.
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>> investors are watching every word and they are counting on the deregulation in the extension of the tax cuts. >> not just investor but middle and lower class americans he made that point very well those of the people that will be impacted in see a tax hike if you don't see the 2017 tax cut he also talked about more sanctions, you heard sanctions on russia uses abide in a administration has not been tough enough on russia and he also talked about the fact that we as a nation and the government, we don't have a revenue problem we have a spending problem, fiscal responsibility in washington. he also said he wants treasury employees to come back to the office. >> i think he knows trump's mandate is to unleash american prosperity and the greatest legacy was the tax cut because they brought real wage growth for every income bracket and so many demographics across the board. he knows the bidens legacy as he
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exited his is is calamity he came into office thinking he was going to be fdr. then he settled lbj. now he's leaving in shame as jimmy carter. >> president biden had his final mainstream interview yesterday with msnbc last night, he attempted to tell his economic vision and explain who the oligarchs are that he's been warning about and his farewell oval office speech. watch this. >> the decisions made that the multimillionaires, the super super wealthy the wealthiest people in the world begin to control all the apparatus from the media to the economy and who do i get to fight back for me? i think everybody deserves a shot, not a guarantee just a
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shot, how the hell can you make in society today if you have access to the opportunity to have a job that you can handle we can make ends meet we change the basic formula on how to make an economy work. the trickle-down stuff that the people make a lot of money and the benefits will trickle-down to middle-class and working-class people my dad used to say nothing trickle-down to the kitchen table. >> a fox news poll shows most americans are not happy with so-called bidenomics. 52% of americans say biden made the economy worse, 20% say it is better. 89% of the pool say inflation is a huge concern. a three-point drop from decembe. 70% to the current economy is either fair or poor.
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the numbers tell the story. >> absolutely. biden keeps going back to the defense of his administration eventually brought down inflation and there was a soft landing but were not utter target, this is what i understand we are far above that and that's why they elected chuck, the american people because inflation was suffocating so many families and that's his legacy out the door. >> it's funny to say that they brought inflation down. they actually sent inflation up they inherited inflation at 1.5% 1.4% and it went up to 9.1%. they missed that part of it. >> prices are sky high for most americans, what they're talking about with inflation they're talking about price levels relative to their incomes created so much more difficult to get by my goodness it could be rent, buying a home, there is an affordability issue that troubles a lot of americans. maria: they like the support
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from the rich from president trump is any bigger oligarch than george soros. >> that's not a joke. >> he just got an award, a metal. oh my goodness. >> for being the biggest donor to his party. also by the way red states screwed up their economies. what reality is this man in. texas imported economies are awful right now. >> we are just getting started we have a lot coming out, closer look at interest rates and yields as they have been spiking, let's look what's happening 4.59% the tenure as they signal more recap than previously thought portfolio manager equity strategist steve is here with reaction, don't miss that. you are watching "mornings with maria" live on fox business. we'll be right back. ♪
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maria: welcome back take a look at the stock alert two of the largest mining companies reportedly ending a brief merger discussion, the deal would've been the largest ever seen in the mindless undermining industry with $150 billion some analysts say they would likely be interested in copper assets expected to be in high demand as industries transition to cleaner energy. bloomberg is reporting that the talks are still alive and active both stocks higher in the last week. futures indicating again a started trading, the dow industrial right now up 145 the nasdaq of 95, president-elect treasury secretary nominee scott bessent faced tough questions on capitol hill during his senate confirmation hearing he told the
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senate finance committee that trump will usher in new economic golden age while defending tariffs and arguing the importance of tax cut extensions pretty deliver this morning about the u.s. dollar global status. watch. >> the treasury department plays a critical role in protecting american national security. we must secure supply chains are vulnerable to strategic competitors and we must carefully deploy sanctions as part of the whole of government approach to address our national security requirements and critically we must ensure the u.s. dollar remains the world's reserve currency. maria: federated hermes senior portfolio manager equity strategist ahead of multi-group steve chaperone. great to see you, thank you for being here, what did you make of scott bessent hearing yesterday. >> honestly i thought it was terrific. obviously calm and articulate but he was the adult in the room
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understanding we have a spending problem with the federal budget is not a revenue problem. you get a sense of all he's committed to the presidency on tariffs he committed to doing responsibly and thoughtfully as possible. i think one of the reasons futures are up, we had better data in china yields are little bit lower. but i think the market is comfortable in the treasury pick and i think they are right to be. >> it is amazing to me that there is no acknowledgment on the left of the $7 trillion in spending under the biden administration. hhe talked about government spending out of control. watch this. >> the federal government has a significant spending problem driving deficit that have averaged historically high 7% of gdp during the past four years, we must work to get our fiscal house in order and adjust
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federal domestic discretionary spending that has grown by an astonishing 40% over the past four years productive investment macros economy must be prioritized over ways. he let drives inflation. >> we had a great year in stocks and 24 what kind of a 25 are you expecting from equities? >> i feel better in a weird way and then i did a couple of months ago. it was really euphoria particularly after the election. it was all the high expectations the offered opportunities for disappointment. but we built the wall the market will a wall of worry dates worried about inflation and the fed not cutting it so worried about the sausage making a policy in washington and some folks are worried about tariffs, we think that says volatility early but ultimately i think
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inflation will grind onto 2.5%. i think the fed will cut a couple of times this year and you have a unified gop government that we believe will deliver pro-growth policy. when you put that together we think there is a buying opportunity if there is volatility on the year that will be strong. >> how do you explain yields the tenure hanging around 4.6% that broke at this morning at 4.59% but we've seen a spike recently. the future market 86% chance of the fed cuts rates once this year, the fed governor christopher waller sees a central bank lowering rates multiple times if inflation cools further. i wonder what the bond market is saying after spiking all the way up to 4.8% in the last few months. >> count me in the waller camp on this. i think it is reasons that they get after the fact that they talk about tariffs or policy. but i don't think that's it, the
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ten year yield was relatively behaved after the election it was not until the fed press conference where chairman powell changed his tune and hinted there was policy options being taken into account by committee members and you see the yields move up. as much as we listen to the fed i'm more interested in inflation data and this week it was better-than-expected not worse and you think that will be a pattern where the data will lead the fed in the right place. >> on understand what the federal reserve makes these predictions. how you make a prediction that you're going to cut rates multiple times when you don't even know the effect of incoming policies? why are they telling the market exactly this to put expectations out there like that. >> you are right, the fed, not even the smartest economists on wall street has any idea how the economy is going to perform over the next. maria: is a complete change of
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policy. >> new policy coming up in another impact of tariffs might be that goes through, what might happen. >> and deregulation. >> very important deregulation is this inflationary. we could quite possibly have growth to 3% and still end up with 2% inflation moving that direction, nobody knows exactly how this is going to play out. the forecast regarding the federal funds rate. they are interesting but by no means do they offer a rock solid indication of where fed funds will be by the end of the year. >> then they have to stick to it because this is what the fed told them. all these people who are talking about the trump policy being inflationary are completely missing deregulation. >> the missing deregulation and not listening to scott bessent when he talked about he doesn't believe tariffs will be inflationary. he also mentioned what you will see china if there's more tariffs on china they will lower
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prices. they want to keep market share. maria: great to have you this morning, we appreciate your time. thank you, sir. >> take care. >> will be looking for the buying opportunity of gallo industrial 153. we'll be right back. sofi is helping me get my money right to achieve my ambitions. plus i'm investing in my game. sofi can help fund all your ambitions. no matter how ambitious. bank with sofi to score a higher apy and an epic welcome bonus.
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president biden commuting the sentences of thousands of people convicted of nonviolent drug offenses in the final days of his presidency clocks news with the details. >> president biden seen the latest clemency action is an important step to correcting the disparity after commuting the citizens of 2500 people convicted of nonviolent drug offenses who he says are serving disproportionately long john long sentences compared to the sentences they would receive under current law, with this action i have issued more individual pardons and commutation than any president in u.s. history i'm proud of my record on clemency and will continue to review pardons. this coming after the president december commuted the citizens of a 1500 prisoners and pardoned 40 others including his son hunter marking the largest single day of clemency and history. democrat lawmakers and advocates pushed him to keep going. >> mass incarceration has
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created a huge prison industrial complex in private prison companies wreak billions in profits and wheeled outside political power. >> president biden your government compassionate but a thoughtful partner on this issue and so many others, today is a reminder that your job is not done. we need action and we need compassion, we need clemency. the time to act is now. >> this announcement coming after biden commuted the sentences of all the advance on federal death row including five child killers in several mass murders ended announcement you will remember two days before christmas rubbing salt in the wounds of the grieving families of those victims. >> thank you, joining us on virginia congressman ben cline the house judiciary budget appropriation china select committees. thank you for being here. i want to get your reaction to all the commutations and do you believe joe biden is making the
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decision on who to do the commutations. who is in charge? >> is clear no respect for the rule of law it's been clear for many years only the latest commutation, child killers, the death row commutation were a slap in the face of the victims families and it's clear of the latest round this president well into the jails and pardoned all his friends and family members on his way out the door. maria: what can you tell us about your plantar reconciliation of the freedom caucus is proposing a two-step reconciliation plan the first bill to include $100 billion for border security across four years and up to 200 billion for defense over the same time it would raise the debt ceiling for two years and reverse damaging biden policies to save upwards of $541 billion over the next ten years. the second package would include the long-awaited tax cuts. president trump is pushing for one reconciliation bill to
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include everything an idea of federal aid for los angeles wildfire victims as well. he said if you have los angeles, then you can really do one big beautiful bill they want the money to go out there so badly and i don't think we should do a bill unless los angeles is included said president trump. your reaction. >> we want to move the president's agenda as quickly as possible including the president himself is try to get democrats on board. i think the number moderate democrats in the caucus right now on their side can fit in a phone with it's a small number, the neck would be voting for a reconciliation bill that will extend the trump era tax cuts no matter how much fire aid you put in it. there are differing opinions about the best way to move forward on reconciliation and that's where the freedom caucus before we go to step solutions become the president want one bill will see all the ideas coming together. but all of us agree that we need
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to move the president's agenda as quickly as possible while we have the momentum from the inauguration in the great steps that president trump is going to take on day one. maria: what are your priorities, yesterday we heard from scott bessent in his hearing talk about tariffs serving the many purposes as well as extending the tax cuts. from your standpoint what's most important and needs to be in the bill putting border aside i recommend borders your number one priority. >> porter is a top priority in the president is going to take steps on day one and we will follow legislation on that. making sure that we address inflation that has been attacking the paychecks of so many hard-working american families bringing down energy costs, this president needs help to make sure that we drill baby drill. across the country were becoming energy independent again that is a critical way to bring down inflation and impact prices at the grocery store and at the pump in housing prices as well.
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maria: it seems like your colleagues on the left do not want to acknowledge what is going on in terms of the wide-open border. 145 house democrats voted against the bill to deport illegal migrants convicted of sex crimes they are already committed into convicted of sex crimes and their against reporting of, the legislation passed in a vote of 274 to 145 all republicans voted yes in any illegal migrant convicted of or admits to sex crimes or domestic violence will be deported and barred from entering the country again. your thoughts, what went down yesterday. >> it was shocking to hear how radical the democrats were behaving in the rhetoric that we were hearing, they were defending a be an apologist for domestic abusers, i was a domestic violence prosecutor when i was an attorney and i know the victims and their families they do not want these abusers to stay where they can
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continue to abuse or put pressure on the victims to stay with them. you need to deport the abusers and make sure the people in this country are not here illegally and that includes those who commit domestic acts of violence and violence against women. >> you reintroduce the one agency act this week which will consolidate federal antitrust enforcement within the department of justice antitrust division. tell us more about that. i know doge is looking to cut agencies if it can. >> absolutely. you have a lot of overlap between the ftc and the regulatory efforts in terms of antitrust in the d.o.j. and their ability to go after the strangling of marketplace control by single entities whether the healthcare industry or in the technology industry, the d.o.j. is a better place and
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they have more authority when it comes to criminal matters. the ftc is duplicitous and it should be. and rolled into the powers of the d.o.j. >> before you go i have a question on china. i thought it was interesting yesterday that scott bessent said china is already starting behind the eight ball because it has not met the end of the 2020 deal in terms of buying all of the agriculture from america that is said that it would. what does that mean in terms of president trump's early days once he gets going monday. do you support removing chinese stocks that trade on our exchanges if there are no blacklists it's amazing you have companies on the dod blacklist and they still trade on the exchanges. >> i think this a administration over the last four years you've seen a light touch with china and an effort to play footsie with the chinese in allowing
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them to get away with so much. i think the trump administration is going to be a lot tougher and they will use tools at their disposal like the delisting in the tiktok band. i don't know how it will resolve itself. but i do think trump is fully in control and given all the powers at his disposal to confront the chinese threat and make sure we stand up for american interests. >> we will be watching your work. thank you for being here, ben cline. stay with us. we'll be right back. ♪ >> "mornings with maria" live from the economic forum in dallas switzerland were up early with the brightest minds from across the business and political world bank of america ceo brian moynihan and david rubenstein the president of poland in service now ceo bill mcdermott among our guests.
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maria: china is sending the vice president to president-elect trump's and aggravation on monday this is the first time a high-ranking chinese official attended american inauguration trump invited xi jinping himself with the chinese president will not attend one of his ambassadors writes this on x. we stand ready to work with the new u.s. government to enhance dialogue and communication. jointly pursue a stable healthy and sustainable china u.s. relationship and find the right way to the two countries to get along with each other. trump says he's been in commute case with president xi. hudson institute senior fellow atlas organization founder and author of the decisive decade. jonathan dt ward, get to see
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you. what is your outlook for the u.s. china relationship under trump. >> good morning. >> i think will have a much tougher administration than we had in the biden years obviously there's a lot of important stuff to get done on trade and cybersecurity in china's mental under military buildup in the pacific and fentanyl. we are pretty broad-spectrum set of things across the entire board that have to get done. having an envoy to the inauguration this is xi jinping's representative of attending king charles for example he is sent to do ceremonial things, there is a broad swath of work that has to be done in this relationship to regain america's prime position in the world to ensure that we are the top economy with the top military that is ready to push back entirely against beijing's push for dominance. that's what we will see the focus on in the next four years is action across the board. maria: this is vintage trump you don't know where the man will
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go. you do not know how he's thinking or what he's thinking. he's inviting china to the inauguration getting ready to stop tariffs on them later on on that day. china has been stockpiling u.s. soybeans anticipation of trump's tariff tr alone, china reported a trade surplus of $1 trillion for 2024 that's three times higher than what it was in 2018 trump's initial tariffs on imports, 27% of worldwide industrial production according to the wall street journal. incoming treasury secretary scott bessent spoke about it during the senate confirmation hearing yesterday. watch this. >> china is the most imbalanced, unbalanced economy in the world and they are in a severe recession/depression. they are attempting to export their way out of the as opposed to doing the much needed internal rebalance. i am with you on the need to
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open markets but we cannot allow a player like this to flood our markets or to flood the world. >> i thought it was great. benson noticed the u.s. may want to force china to make ketchup payments for failing to honor the commitment during trump's first term. he basically said china is starting behind the eight ball. what do you think plays out? >> he has not right we cannot allow him to flood world market or flutter market and it's a giant vulnerability for china. this is all deliberate the way that they built that position in the international trading system is to the mass of the of a american intellectual property and converting into the dominance of the strategic energy and that in turn to rising military power, the entire machine has to be stopped in a sense. you cannot have them flood the global market. and at the same time have
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$1 trillion in the global trade surplus, most of that is with the u.s. and her allies. we have an enormous amount of leverage over the trading relationship. i think that is where we will see huge vulnerability, they're very concerned about the tariffs. that really scares them in their ability to retaliate is somewhat limited in terms of the trade relationship itself. i expect it would be some retaliation against american companies. we see probes already and i think they will do that in american companies will have to get out of harm's way in that regard and you have to be prepared for the situation but fundamentally the u.s. has the upper hand to put a chip under potentially gain the upper hand and we have to focus on remaining the top economy in the world with no chance of beijing achieving the long-term dream going back of surpassing the usa we cannot let them do that and secretary understands that which is very fantastic. maria: let's talk tiktok the ban is looming the sunday if not sold to a u.s. buyer it is been
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president trump considering an executive order to delay the band as president biden says he will not enforce the law come sunday incoming national security advisor michael waltz said this we will put measures in place to keep tiktok from going dark and promising trump protect americans data some have flocked to read note more heavily censored and used exclusively by chinese speakers, why americans are going on right now is beyond me, your reaction. >> let's not forget what the bill in congress is really about. it's about the prevention of foreign adversary control applications. i don't think we will see a migration of users from a bite pants controlled out to a direct controlled ccp little red book is what is called the bread no i don't think we will see that because this legislation is broader you can go from one
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platform to the next people have to follow through in the first administration was very far along in terms of figuring out how to get tiktok into american hands if i remember correctly. they had an oracle bid, microsoft involved, today you have kevin o'leary talking about on your show as well. i think there will be options in order to retain the platform but get by dan's out of the equation which is always the important thing we heard the arguments about that and think everybody knows why that is important and ultimately what you have to get chinese ownership out of the equation on the major now media platforms in the u.s. that reaches almost 50% of an entire younger generation. that remains a problem at hand and their solutions, some of which were developed in the first trump administration. maria: china is accusing the united states of dumping lower semiconductor chips into the market, this is rich giving the own chip makers an advantage that the grant of incentives they say bankrolls the domestic
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chip firms in violation of global trade agreements and the biden of administration rollout restrictions on semiconductor manufacturing and exports adding more than two dozen chinese companies to a trade blacklist to slowdown china's military and technology capabilities. what about this in the dumping of chips? >> we have to keep the focus on technology. this is important, you do not want them to have the ability to compete with us on artificial intelligence another high-end aspect of the 22 century technology, the has to remain the priority. at the same time is complete nonsense from beijing the chips in science act with 45 billion into her sector where i heard estimates on chinese subsidies up to 200 billion. the entire runs on subsidies, robert lighthizer 301 case made totally clear how the economy works in intellectual property subsidization into substitution comes together to create industrial behemoth that we've
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seen and we cannot have them with legacy chips, that would create some of the problems across innumerable sectors. we cannot have that and we cannot have the flooding of our markets. again we got to continue to target the key sectors and make sugar not advancing we have tons of tools to do that and then we have to gain the upper hand on the trading relationship and make sure that they are not surpassing a key technology which feeds into the military capacity which by the way they are preparing to use in the pacific. that is obviously the other big piece of what we want to do in the china strategy. >> a great analysis, thank you we will watch all of this. jonathan dt ward. making hollywood great again, donald trump ready to bring business back to trouble tinseltown by naming special ambassadors to restore its former glory. here which a listers he's picking for the job next. you're watching "mornings with . we'll be right back.
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let's go boys. the way that i approach work, post fatherhood, has really been trying to understand the generation that we're building devices for. here in the comcast family, we're building an integrated in-home wifi solution for millions of families, like my own. connectivity is a big part of my boys' lives. it brings people together in meaningful ways. ♪ ♪ >> the deadly los angeles wildfire taking it all on the
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economy on track to be the costliest bonfire in u.s. history. as of this morning 27 people have died madison alworth's live in l.a. right now with the very latest. >> good morning the deadly wildfires are displacing thousands from their homes and their jobs, the devastation to communities like this one is just beginning to be understood. we need to go look at the jobs, goldman sachs analyst project because of the fires it will knock a upwards of 25000 positions from the labor department january report but job creation here is going to be worse than that. unemployment will be higher because i spoke to multiple businesses that have no idea when or if they will ever reopen the overall price tag of this will be historic with the loss of $275 billion. in the total are more than 12300 structures that have been destroyed. it's making the dire housing
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crisis even worse. according to realtor.com, and 2024 there were roughly 36% fewer homes for sale in l.a. compared to 2019. now there is a smaller supply. we spoke to real estate manager in southern california and he said some of his agents are getting up to 40 calls a day. all of the folks fire victims. people like michael johnson he was on a trip when his home that he owned for more than 20 years burned to the ground we are in front of his house, we also have a video of what it looks like in the daylight completely gone michael is working with insurance to see how much you will get. in the meantime he's been trying to find a rental but he has had no luck. >> cover from the moved into a beautiful apartment in the heart of pasadena. i knew it was half unleased but not anymore. the agent told me they wrote 20
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leases in the matter of the weekend. it was all altadena people. >> michael is ready to spend money that he has nowhere to go. >> incredible. madison alworth, thousands of capital one customers are still not seen payment or deposit in their accounts after an outage knocks operations off-line. cheryl casone with those det details. >> capital customers are reporting several delays to posit on payments, all this morning as a technical issue the third-party vendor is to blame and that's working to resolve the issue but some customers say they have not been paid and they cannot get into their accounts, capital one expects services to begin returning to normal by friday, today hopefully a promise to process all delayed transactions. we shall see. spacex starship rocket exploded shortly after taking off from texas after the company set a fire broke outside of the rocket
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and it caused it to break apart. following into the atlantic ocean. briefly delaying airline traffic in atlantic and fort lauderdale after they warned of falling debris some reports several caribbean islands was trended on social media with the video companies asking anybody upon debris to call authorities. spacex founder elon musk showing video of the debris on x he wrote success is uncertain but entertainment is guaranteed. a little bit of a sense of humor about it. this is interesting, progressive staffers on capitol hill making a push for 32 hour workweek they are claiming long hours lead to burnout and want a rotating schedule. critics including members of both parties are calling the idea tone deaf even senator elizabeth warren slammed it, she said her team works hour after hour for the american people. others like representative chip royce adjust the elon musk should step in and trim some
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fat. then there is this present electron has three hollywood legends as special ambassador to the entertainment industry to bring business back to tinseltown, mill gibson sylvester stallone, all going to serve as special ambassadors to revolve hollywood struggling industry, trump wrote this, they will serve as special envoy to me for the purpose of bringing hollywood which lost much business over the last for years to foreign countries back bigger, better and stronger than ever before, that was untrue social. i guess he wants to make hollywood great again. let me add this for our viewers at home here you are one of my favorite pictures that is posted. >> you look gorgeous but anyways. >> i thought this idea was genius to name them and others as ambassadors. i met sylvester stallone this summer when i went to italy. i have to be honest i was a little starstruck to me stallone, he cannot even kinder
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he was so great. we were at a restaurant he was with his family, his daughters and his beautiful wife. i just think it is so impressive to see this incredible superstar and what a real family man he is as well. >> the original italian stallion. i hope the hollywood has a political renaissance is a progressive mismanagement over this catastrophe in california i think should hopefully give a prime opportunity for the ambassadors to court celebrities back to good policies and start promoting them across the stage because this is abysmal in the should be a wake-up call for the actors and actresses. >> i think it's a huge opportunity for president trump is going to go to california and view the apocalyptic circumstances and he's going to help and they need help and is going to be there for them. >> he will see that the job gets done that the important thing. he's going to tell us this age of incompetence is over. maria: let's take a short break, major hour coming up, stay with us you are watching "mornings us you are watching "mornings with maria". me?
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live on fox business. we'll be right back. e research. ya know, that's backed by j.p. morgan's leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management (luke) homes-dot-com is a new, elevated home-shopping experience. it's the only site that always connects you to the listing agent. feels like a work of art! (marci) what about the app? (luke) uh-oh! (marci) wow! went all in on gold. (vo) ding dong! homes-dot-com. we've done your home work.
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