Skip to main content

tv   Mornings With Maria Bartiromo  FOX Business  January 17, 2025 7:00am-8:00am EST

7:00 am
7:01 am
maria: welcome back. good friday morning, everybody. thanks so much for joining us this morning. i'm maria bartiromo. it is friday, january 17, 7:00 a.m. on the east coast. hope you're having a good friday morning. it is time for the hot topic of hour. the supreme court weighing the federal ban or sale law on tiktok. but now president trump is exploring different options to keep the app running in america. fox business' lydia hu with more on that. lydia, good morning. >> reporter: good morning. that's right. we're two days away from that tiktok ban taking effect on
7:02 am
sunday. the supreme court is expected to release one or more opinions today. we don't know whether that will include a decision on the tiktok case. the court heard arguments last week on whether the divest or ban law violates first amendment rights. it's possible we'll get an opinion today. that would be very fast for the court to decide the case ton the merits. it's possible the court issues a stay, pausing enforcement of the law, delaying the ban, giving the court more time to ultimately decide the case and that's exactly what president-elect trump is urging the court to do. he filed a brief asking the court pause the ban, give the administration a shot at trying to negotiation a solution. in d.c., lawmakers are scrambling, trying to find a way to pause the ban as well after they largely in a bipartisan fashion voted for the tiktok ban or divest law. democrats specifically are appealing to president biden for a delay. senator chuck schumer posted this on x, quote, we must protect tiktok's future while
7:03 am
also protecting american national security. we're not against tiktok, we're against a chinese company in cahoots with the chinese communist party owning tiktok. senate democrats tried to pass a bill to extend the deadline. republicans blocked it he said. right now there are conflicting reports on whether biden is considering taking any action at all so we just don't know. meanwhile, tiktok is reportedly preparing to shut down on sunday. it is expected the app would become unavailable in app stores for downloads and updates. some analysts i've been reading expect it to become unavailable for current users as well. on sunday, you may wonder where is tiktok's ceo, where is he going to be, reportedly with president-elect trump at a rally in d.c. and then at the inauguration party later that day that will honor trump. the next day on monday he'll be at the inauguration upon a special invitation from the trump vance transition team, this comes as trump's pick for
7:04 am
national security, congressman mike waltz, said trump is considering options on how to preserve tiktok. if we don't have the last minute action from the supreme court of the united states, if we don't have 1 11th hour move from president biden you can expect tiktok to go dark starting on sunday. maria: that's something to watch for sure. cheryl, what's your reaction? >> i think what she's saying about the biden administration's final move on this is very interesting because of the bipartisan pressure and remember that tiktok became an integral part of the election that donald trump won. the democrats know that. they know there is power. look at how baron, his son, pushed him to use social media. maria: the democrats were using it too. >> they were. look at alexandria ocasio-cortez. tiktok is huge to her brand. this is their brand. so the democrats are not stupid enough to think that getting rid of tiktok isn't going to hurt them. it does politically. maria: i know. it's also a national security
7:05 am
threat. we've got all this propaganda coming from tiktok and you've also got the data that is obviously out there going to the ccp. what do you think? >> right. and it's now a platform that's favorable to republican content for now but it is controlled by the ccp so the algorithm could change. trump's favor among influencers on tiktok, that doesn't last forever. we really don't know. it's not in our hands. trump should honor the pledge he made in the first term and negligenegotiate divestiture bet is chinese spyware. mitch mcconnell said we would laugh if cbs would be bought out by kruschef. there is no free speech right to indulge in entertainment from a foreign adversary. the free speech argument falls
7:06 am
flat. we have the national security argument that we need to protect americans. maria: president biden commuting the sentences of nearly 2500 people. they were convicted of nonviolent drug offenses. biden touting that he issued more individual pardons and commutations than any president in u.s. history, saying this, i am proud of my record of clemency and will continue to review additional commutations and pardons. this is also something people are talking about because he's doing all of these moves with four days to go. >> like he's oprah. you get a pardon, you gate pardon. he's throwing them out like candy. it's an egregious abuse i think of the pardoning power. they're low level drug offenses, maybe there's no victims of those crimes but the worst example precedent he said was in pardoning his s son. he put his personal interests above the interest of the country and that's a president that is going to taint his legacy for future presidencies and i just think he's trying to
7:07 am
salvage his legacy at the 11th hour, trying to put a progressive win on the board but i don't think this saves him. maria: i was expecting a pardon of his brother, jim biden. today's the last day we're going to see that. we'll see. john, how do you view all of this. >> could be a family riff we don't know about with brother jim. but of course with hunter biden repeatedly he had said he was not going to pardon his son but he goes and pardons his son. what's new? this is the joe biden presidency. you say one thing, you do another. some might call this lying. >> most pardons in presidential history, maria, joe biden. maria: there you go. let's take a break and come right back. we've got a lot coming up. a closer look at apple this morning, stock is up a fraction after it lost the top smartphone sale in china. the word on wall street panel is here with more on that. don't miss it. you're watching "mornings with maria" live on fox business. we'll be right back.
7:08 am
7:09 am
morikawa on 18. he is really boxed in here. not a good spot. off the comcast business van. into the vending area. oh, not the fries! where's the ball? anybody see it? oh wait, there it is! back into play and... -oh no, it's in the water. wait a minute. are you kidding me? you got to be kidding me. rolling towards the cup, and it's in the hole! what an impossible shot brought to you by comcast business. (vo 1) when you really philosophize about it, there's one thing you don't have enough of,
7:10 am
and that's time. time is a truly scarce commodity. when you come to that realization, i think it's very important to spend time wisely. and what better way of spending time than traveling, continuing to educate ourselves and broaden our minds. (vo 2) viking. exploring the world in comfort.
7:11 am
7:12 am
maria: welcome back. time now for the word on wall street. top investors watching your money. joinjoining me is chief investmt officer, matthew tuttle, also with us is john lonski. thank you for joining the conversation. want to start with apple. you like apple stock, right? company saw the worst day since august yesterday after reportedly losing the top smartphone spot in china, falling behind chinese manufacturers. apple the worst performer among the magnificent seven stocks this year. the stock reversed this morning, it is up a fraction. what's the story on the smartphone race in china? what did you make of that? >> so i mean, i think obviously short-term it's a problem. but we run a 2x apple etf. i'm a big apple bull.
7:13 am
i think a.i. is the most important investment theme of my lifetime and apple has a real chance to be a massive winner. you know, imagine a.i. fully integrated into billions of iphones and nobody ever got rich long-term betting against apple. so i bought the dip yesterday. maria: okay. >> they have to execute. i mean, they definitely have to execute. but they've got the potential to be a huge winner in a.i. maria: and of course it has been a winner. but the backdrop here is about rates, isn't it, john. 30 year mortgage rates topped 7% for the first time since may dimming hopes for a housing recovery. we had a spike in the 10 year in the last couple months. we have housing starts and building permits out this morning and they're expecting housing starts to be up 2.3% month over month and permits to fall 2.3%. what's your take on rates and the fact that mortgage rates are above 7% again? >> boy, that's got to hurt. maria: that's got to hurt. >> if you're a first time home buyer, my goodness,
7:14 am
affordability remains a major stumbling block for those people that want to buy a home for the first time so this tells me there's a limited upside for housing. i mean, if we have any strength in housing it tends to be -- i think it's a new home sales where you have the upper income americans that can still afford to pay higher prices to assume these higher mortgage yields. but for the middle income and lower american buying a home is next to impossible and this may eventually become a political issue later this year and some point in the future. maria: especially with fannie mae and freddie mac, right. we'll see what happens this morning and how the market looks. we have crypto this morning i want to show you. scott bessent faced tough questions yesterday on capitol hill during the senate confirmation hearing, here's what he thinks about a digital currency central bank. watch. >> would you end the biden administration project to create
7:15 am
a u.s. based cbdc? >> i see no reason for the u.s. to have a central bank digital currency. in my mind, a central bank digital currency is for countries who have no other investment alternatives. if you own that currency, you have to have something to invest in. there's very little to invest in if you want to hold the currency. you could hold chinese government bonds. if you hold u.s. dollars you could hold a variety of very secure u.s. -- >> yeah. maria: matthew, give us your reaction there. you like crypto. >> i love crypto here. i mean, i love what bessent said. central bank digital currency is like potential to be 1984 type of stuff so it's great they're not pursuing that. you've got a president and administration that's rabidly pro crypto, s.e.c. that's pro
7:16 am
crypto. you've got companies that are trying to emulate micro strategy's strategy. we're big fans of crypto here. big fans of bessent. i mean, a lot of the other nominees have gotten the buzz. we all know who bessent is. but i think america got introduced to him yesterday and he knocked it out of the park. maria: you think we'll have a good year in the economy and markets? >> i think now we've got some people who are competent which gives us a much better chance. i still worry about the fed. i think the fed is way behind the ball which is what the bond market is telling them. but we're getting competent people in, thank god. maria: do you agree with all that. >> i agree with most of it. i think the first half of the year, a lot of volatility. there's going to be a lot of uncertainty with tariff proposals and other new proposals the trump administration might have and we'll see how the market reacts. there's still this worry about the size of the budget deficit and that's one of the reasons why this 1 s 10 year treasury d
7:17 am
has moved higher by a percentage point despite the fact fed funds dropped by a percentage point. that is highly unusual. maria: bessent seemed a little put off by the idea of eliminating the debt ceiling all together by the way yesterday. >> and that's why we need a strong dollar. 35% of treasuries are owned by foreigners and the last thing you want to do is have the dollar weaken. if that were the case, foreigners would start dum p treasuries which would mean higher mortgage rates and yields in the united states. i'll write up another thing. affordability. i can't help but think the affordability issue will not be resolved until we go through some episode of home price deflation. hopefully not a repeat of what happened in 2008, 2009, but some people are going to find out. i think this is taking place in florida, taking place in texas, that home prices have become
7:18 am
unsustainabley high. maria: they sure are. they're high. we know that matthew, thank you so much for joining the conversation. good to see you. john, you're with us all morning. we're grateful. quick break and then the supreme court decision on tiktok could come as early as today. president-elect trump is weighing different areas he's allowing the ban to happen or saving the app by executive order. we'll see where he comes down on that. missouri senator eric schmitt is here with more on that. you're watching "mornings with maria" live on fox business. stay with us. ♪ [sofi mnemonic] can a personal loan unlock your ambitions? oh yeah. borrow up to a hundred thousand dollars to consolidate bad debt
7:19 am
and save money for your next goal. take a swing at your kitchen reno... meant that literally. or design your actual dream wedding. consolidate bad debt and fund all your ambitions with a sofi personal loan. go to sofi.com to view your rate. sofi. get your money right. at harbor freight, we design and test our own tools and sell them directly to you. no middleman. just quality tools you can trust at prices you'll love.
7:20 am
whatever you do, do it for less at harbor freight. ♪ 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.
7:21 am
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. ♪ ♪
7:22 am
>> we must make permanent the 2017 tax cuts and jobs act and implement new pro-growth policies. this is the single most important economic issue of the day. this is pass/fail. if we do not renew and extend, then we will be facing an economic calamity. maria: treasury secretary nominee scott bessent on his nomination hearing yesterday discussing the trump tax cuts, tariffs and his economic vision for the next administration. joining me now is miss sorry
7:23 am
senator eric schmitt, a member of the senate judiciary, armed services, commerce and joint economic committee. it's great to see you. thank you for being here. >> good to be with you. maria: i want to goat your take on how hearings are going. i know that you questioned attorney general nominee pam bondi, sean duffy, pete hegseth. you will question howard lutnick. that hearing moved due to paperwork delays, apparently. what does that mean? what is your take-aways on these hearings? >> i think they're going really well. president trump picked an all star team, a team of reformers that will go into the agencies and fight for the american people. pete hegseth did really well that day. he answered the questions, he wants to root out dei, focus on china, procurement reform. the democrats are engaged in partisan politics. pam bondi was a slam dunk. i had the honor of introducing
7:24 am
pam, got to know her in state ag world and she's going to restore credibility to an agency that's been weaponized and politicized to a degree we've never seen before, the law fare the doj isen tisengaged with. howard lutnick, great pick. sean duffy, great pick. it would be rare that there would be any no votes. so he's picked a good team. i think we're going to get it done quickly. maria: look, i think pam bondi is well aware of the issues at the border as are you. you've traveled to the border many times. i was there with you once and do you think the democrats are on board with what's about to take place? because i was just stunned that so many voted against that bill yesterday which basically said you want to deport people who have committed sexual crimes.
7:25 am
>> yeah, i don't think they really get it. they're still a party captured by left wing advocates that write white papers about open borders. that's the truth. that's how we got where we're at with 15 million people here illegally. i would prepare the audience for what's about to come when the deportations begin e which by the way deportations are nothing new. bill clinton deported 12 million people. that's been the policy of the united states forever e you come here illegally, you're detained and deported unless you're granted asylum or something like that. what's about to come is the legacy media is going to be camped out, nbc nightly news bill camped out, looking for the one story they can try to turn the tide but the american people weighed in very clearly. they don't want to see this level of illegal immigration. we have 15 million people here illegally. it's a national security risk. fentanyl is flowing across the borders, the car at the times as you and -- cartels as you and i saw at the border control the border.
7:26 am
they have trafficking lanes into the interior of the united states. it's a big problem, in addition to the cost to tax players. the american people weighed in clearly and i think president trump is going to deliver. maria: what is the military's role? are you expecting to need the military to get involved in the deportations? >> i don't know about that we'll see. i think you're going to see a flurry of activity day one, day two, day three on the bore department i think you're going to see -- border. i think you're going to see a very serious effort by president trump and his administration to actually deport illegal immigrants who are here. there are hundreds of thousands of hardened criminals that are here, gang members who have taken over hotels. this is a serious problem. no country would stand for this. it's about time that we have a secure border and respect the sovereignty of our borders. maria: of course. and also a focus on the military. and your role in the armed services committee, i want to get your take on what we need most because i understand that china is out-manning us in the navy, they've got more ships, naval ships than we do.
7:27 am
i know there's an effort to bulk that up. are you talking about $120 billion needed for pumping up defense in the reconciliation plans? >> i think we want to bump up spending but we want to be smart too. one of the first challenging pete hegseth has, we have a recruitment cries sigh. at the air force academy you couldn't say mom or dad when we had the eyes or ears programs. you had generals advocating for quotas. it's driving people away. people come in, change that culture, get us back to the great merit objeocracy the milis always been and go after the 8,000 people who were fired because they didn't get the covid shot, try to get them back of as relates specifically to the military, we've got to focus on china. it is the 21st century, maria, i know you believe it, will be
7:28 am
defined on who wins the we competition between the united states of america and communist china. that exists not just on seas and land, but in space p. we've got to be nimble. we have to be innovative. we have to change the way the pentagon does procurement because we've got to be able to adapt to current situations better than we are right now and people talk about it but i think that's the essence of the reform movement that president trump's bringing in with these people. we don't need the same permanent washington insiders who go to the same cocktail parties as everybody else for the last 330 years e we -- 30 years. we need fresh blood who will be change agents so we can compete in the future. maria: our audience understands the threat that is communist china. who came up with the stuff that you're not allowed to say mom and dad and you guys. where does this come from? >> the political class that infiltrated every class of government. the obsession with dei.
7:29 am
it's it ultimately cultural marxism. you divide the room. it could be the recruitment room. it could be the classroom. it's a marxist ideology that people are waking up and rejecting it. we've got to make sure it's not embedded and called something else. pete hegseth and others are committed to this. i am. and we'll have oversight in the drum admitrump administration te sure it's rooted out. maria: ted cruz reintroduced the no tax of tips act. how important is this in terms of your plans in putting together your tax extension reconciliation and do you have a feeling about this in terms of where this is going? what's your gut? is it going to be one big bill including the la fire money? >> we'll see. there's an argument to have two bills, to have a win on border,
7:30 am
energy and military early and make sure you get the tax stuff which generally takes a little longer. whether it's that or one big bill i think we're pulling in the same direction. we want to get this done and bessent was right yesterday. this would be a calamity for our economy if the tax cuts expire. it amounted for people making under $100,000 a year between a 15 and 26% tax cut. we can't let that go away especially when you've seen the inflation eat up a lot of the savings and more of it quite frankly over the last four years. we've got to extend them. i would argue let's make them permanent, make sure the small business owners that are out there, they're reinvesting in companies and hiring people. we have to advocate for them too. president trump won for the first time a republican won among voters that make less than $100,000 a year. we are a working class party now. we have to fight for the little guy, fight for normal americans who work hard every day who deserve to keep more of their own money. we open up energy production, control spending, that's the
7:31 am
recipe, that's the secret sauce. maria: do you have an offset on all the new tax ideas? >> well, i would argue obviously the doom and gloom from the cbo about what this was going to cost us last time, we well exceeded revenue projections on all the tax cuts. right. but i do think -- personally i would advocate to getting to 2019 spending levels, whoa have a budget surplus with the revenue we have right now. i think what happened in washington, people went crazy with spending. maria: after covid, yeah. >> we have to have a level reset and be serious. i'm on the doge caucus in the senate. we're looking for ways to save money left and right. maria: cheryl, jump in here. >> andy harris came out yesterday with their idea, from the house freedom caucus. what he's talking about is you have two bills and you alluded to that a moment ago. you have two bills versus the one. i know president-elect trump
7:32 am
wants the one. the same time it is the pay fors which maria mentioned, the pay fors within it. you focus on energy, focus on immigration, you focus in particular on the border but then you split it in two. i mean, how do you feel? that's ultimately going to come to your desk. >> i would argue we should do it in two phases, let's get an early win on energy, the border, on savings. the tax cuts, there's no way we can let them expire at the end of the year. i think there's a shot clock with that. like i said, either way we do it, we've got to open this thing up. i mean, you think of what president biden just did on the way o he locked up $65 trillion worth of revenue with offshore drilling. he just banned it. maria: unbelievable. >> trump is going to come in and reverse that but that's the kind of mentality we've been dealing with the last four years. i have legislation that says let's open up the leasing and use it to pay down the national dent. there's a lot of great ideas that can come forth if we have a
7:33 am
pro growth agenda. we have to mine con critical minerals in this country. so let's bring this production back home. let's open up our energy reservoirs that we have. we have all the energy we'll ever need right under our feet. we don't need to rely on anybody else. let's do it. i think we are going to enter a golden age. i think there's a lot of optimism in the town with president trump coming in. he was very clear about what he wanted to do. the american people gave him a mandate to do it so let's go do it. maria: who is making these decisions? we know joe biden's statement is he coming up with this idea to put 625 million acres giuliani line? >> i don't know. it's probably the same ivy league gender studies major that writes the white paper on the border. maria: who said no mom and dad, no you guys. >> scott bessent mentioned that discretionary spending by the
7:34 am
federal government rose by 40% over the past four years. do you think there's room for cuts in discretionary spending and would it be possible that you would basically have a freeze on discretionary spending outside of defense going forward? >> yeah, we have a real opportunity, the answer to that is yes. in our internal conversations with the senate conference we are looking seriously at where we can actually reduce spending, not just control growth but actually cut out wasteful spending. we have a very unique opportunity with this reconciliation whether it's one or two or three over the course of two years. we have an opportunity not to have to rely on any democrats. we don't need 60 votes in reconciliation. we just need 50 or 51. we're looking very seriously. social security and medicaid are not being touched. that's not part of the conversation. the fear mongering you're going to see from the democrats is ridiculous. they no they lost working families. we're going to go fight for them. i think we also have to show that we're willing to make these
7:35 am
difficult decisions to reduce spending. like said e we don't have a revenue problem. we've got a spending problem. because if we actually got back to 2019 spending levels, we would have a trillion dollars surplus every year. that's not that long ago. we're not talking about the 1960s. we're talking about just a few years ago, pre-covid spending. i think if we march towards that we can make real progress. maria: feels like a long time ago with the trill jones and trill -- trillions and trillions that have been spent since. great to see you. thank you so much. senator eric schmitt in d.c. we'll be right back. stay with us. we've always been competitive. ♪ yeah...one of us always had to be first. - first! - first! [kids bickering] [kids bickering] hold on, guys! ♪ first! today, we're first together.
7:36 am
we love you, mom and dad. thank you so much for making it possible. and now you can finally put yourselves first. vanguard. fifty years of helping you invest for all of life's firsts. ♪ ♪ only servicenow connects every corner of your business, putting ai to work for people. pfft ... every corner? every corner, nick. ow! so kate in hr ... hey kate. can focus on people, not process. patty in it is using ai agents to deal with the small stuff, so she can work on the big stuff. and ai helps jim solve customer problems before they're problems. oh, so we all work better, together! my work here is done. excuse me, which way back? (luke) homes-dot-com is a new, elevated home-shopping experience. beautiful design, tremendously rich content. 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. (♪)
7:37 am
(♪) (♪) where ya headed? susan: where am i headed? am i just gonna take what the markets gives me? no. i can do some 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 businesses need shipping software that keeps up with their growth. with shipstation you can automatically sync inventory and manage returns across all your sales channels. ♪ so you fulfill your orders accurately. and ship the right products to the right customers.
7:38 am
shipstation makes it easy to manage everything on one platform, with the lowest carrier rates... no matter how big you get. keep your business growing. go to shipstation.com to start your free trial today.
7:39 am
oh, it's cold outside. time to protect your vehicle from winter's wrath. of course, the hot sun can be tough on vehicles too. you need weathertech. laser measured floorliners and cargo liner will shield the carpeting from sand and snow. for your interior, there's seat protector and sunshade. plus, mud flaps and bumpstep for the exterior. impactliner, with shock absorbing rings, safeguards your truck bed from costly damage. order american made products at wt.com surf's up! maria: welcome back. the israeli security cabinet meeting right now to discuss the cease fire and hostage release deal. yesterday's vote was postponed after benjamin netanyahu accused hamas of reneging on parts of
7:40 am
the agreement. if they go forward, hostages would be released beginning this sunday. the deal promises to release dozens of hostages held by hamas in gaza including an american citizen, while israeli will release hundreds of palestinian prisoners. president biden said trump's national security team was in the loop as they were entering the final stages. >> i spent hours with them to try to change the nature of the transfer of power so it was done peacefully. i told them what i was doing, what i thought could happen. but what we did, we brought in the people or his -- going to be his national security people, we brought them in closer to tell them what was happening as we hand this off. maria: joining me now is heritage foundation vice president of national security and foreign policy, former deputy national security advisor under president trump and author of the battle for the jewish state, how israel and america can win, victoria coates back with us. thanks very much for being here.
7:41 am
it sounds like we're close again on this hostage deal. your reaction? what are you expecting? >> yeah, no, it does sound like we're on the end line here and i expect the israeli cabinet will vote to accept this deal and of course it's going to be a great day on sunday when these poor people are finally released from the hellatios captivity of hamas. they can't hold out that much longer. it's been more than 400 days. it's crystal clear, regardless of what president biden says, that the clarity that president-elect trump has brought to this issue for the last six weeks finally we have american leadership demanding the release of the hostages rather than trying to appease hamas. that's what has moved the ball. so as i said, hopeful that we'll see some really heart-warming pictures. i don't think there will be a dry eye as they come out but the fact of the matter is, maria, at the same time israel is paying a
7:42 am
very steep price here and they're going to need an america that has their back going forward. maria: that's a good point. it leads me to the next question about this deal. there was questions about this deal. it felt like especially in the first phase where you've got for every one israeli 30 palestinians released. i guess in the second and third phase is catches up. but do you like this deal? >> that's the thing. no one is going to like everything about this deal and no, i don't like the fact that so many hardened hamas terrorists and rather shockingly john kirby referred to these people as political prisoners this week, they're not political prisoners. they're murderers, they're terrorists and they're rightly in israeli jails. they're not prisoners of conscience. that's going to be a problem for israel going forward that these people can go back in gaza, can be part of reconstituting hamas. that's why they're going to need really, really strong american support and that's why president
7:43 am
trump's statement that hamas will not -- or that gaza will not be allowed to become a terrorist safe haven again is really important here. maria: so how does the u.s., israeli relationship play out after this? tell us when you say israel will need america's back, what do you mean? >> well, they're going to need robust support from the united states. not the kind of half measures we've been hearing out of the biden administration where there's some sort of equivalency between hamas and the terrorists and israel. these things are not even apples and oranges. they're like sharks and asparagus. israel is a very successful nation state, a great ally to the united states, contributes materially to the security of the american people and hamas is a designated terrorist organization and has been since the 1980s so this has to be dealt with clearly. this is what president trump did in his first term by moving the embassy, by recognizing the
7:44 am
golan heights, by having no daylight between the united states and israel and oh, the results were peace, not this grinding horrible war. maria: yeah. well, i mean, i think we'll feel better when hostages start to get released. we don't know how many of them are dead. >> no, that's the other kind of sick thing. the 333 33 that are technically supposed to start coming out on sunday, 10 of them are going to be bodies. that's the reality of what these people have endured under hamas for 400 days. they're not being kept under any kind of humane circumstances. they're kept in tunnels 30 feet under ground. they're being starved. they're being beaten. this is just appalling. this is why we really have to get them out. maria: let movie switch gears onto china. there's a tiktok ban looming for this sunday if it's not sold to a u.s. buyer. president trump reportedly considering an executive order to delay the ban to give the company more time to find a buyer or do something to exit
7:45 am
the chinese communist party as president biden reportedly said he's not going to enforce the law to ban it come sunday. incoming national security adadvisor michael waltz said th, we will put measures in place to keep tiktok from going dark. some americans are flocking to another chinese app called red note. it's more heavily censored by the ccp and it's used almost exclusively by chinese speakers. can you imagine the people on tiktok, american citizens, obviously unaware of the national security threats just going onto another chinese app, red note. >> no, it's amazing. i've really been thinking about this like rfk's make america healthy again. we've gotted addicted to chinese algorithms that are highly unhealthy like we've gotten addicted to processed foods. we've got to cleanse that.
7:46 am
tiktok is a fun app for a lot of people. it's a fun way to communicate. this isn't free speech. it's highly controlled speech. going back to the palestinian issue, the content on tiktok is 80% pro-palestinian so small wonder then that half of the students and more than half of the students on our campuses who use tiktok are becoming very pro-palestinian, they're basically having their minds controlled by a chinese app. so we'll have the supreme court weigh in later on today. hopefully bringing some clarity for this under the statute that would go into effect sunday. the president would have 90 days to extend tiktok to see if we can find an american buyer, cleanse this thing, and make it into what it's supposed to be not a tool of mind control for the ccp. maria: will we ever be able to cut out the ccp from tiktok? i mean, like if elon musk were to bite or kevin o'leary or frank mccourt all want tiktok.
7:47 am
what do you think? >> oh, absolutely. what could be done to tiktok is what elon has done to x. you have to get rid of the existing controls but once you don't have a member of the chinese communist party sitting on the board of the thing it should be easier to make it less maligned. maria: it's great to catch up. thanks so much. quick break and then driving in style, we're live at the detroit auto show this morning where the industry gears up for a second trump term. kelly s siberi is in detroit wih the latest. >> reporter: we're in the motor city at a time when the auto industry faces uncertainty. we'll take a look at camp jeep, one of the most coveted experiences of the auto show. we hope you stay with us because we're about to go 30 feet in the air. i'll try not to scream. ♪
7:48 am
maria: "mornings with maria" live from the world economic forum in davos, switzerland. we're up early with the biggest and brightest minds from across the business and political world, bank of america ceo brian moynihan, david rubeen stein, the president of poland and bill mcdermott among our guests. "mornings with maria" on fox business, invested in you
7:49 am
(in atrocious french) au revoir mon amour. a bientot let's work on that french, shall we? (♪) au revoir mon amour. a bientot (in perfect french) au revoir mon amour. a bientot (♪)
7:50 am
7:51 am
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.
7:52 am
it brings people together in meaningful ways. ♪ ♪ maria: welcome back. the annual detroit auto show driving back into town as many in the auto industry gear up for president-elect trump's return to the white house. fox business' kelly saberi live at the auto show right now where the hot topics include 2r5eud trade andtariffs. >> reporter: brands like jeep are staying ambitious and bringing us to camp jeep so we can get the off-roading experience. this comes at a time when the motor city faces not only uncertainty, but also new car shoppers are looking at loans of $1,000 or more per month at record levels. in q4 of last year, it was 18.9%
7:53 am
of new car buyers according to edmunds and governor whitmer was here earlier this year. she said the future of the entire auto industry is at stake. >> think about this, 70% of all of the auto parts we make in michigan go directly to our neighbors. every time a michigan auto part crosses over the border and gets taxed, those costs will be passed on to you and to consumers at the dealership. >> reporter: i'm here with surge sergio ormenta who is going to take us on the off-roading course. i will warn you, it is a little bumpy. i'm a little nervous. he said he will try to go full force on this. tell me what vehicle we're in. it's not a regular car, right? >> it is a regular car. this is spoke jeep, a 2025 jeep wrangler 4x8. >> reporter: it's a hybrid.
7:54 am
>> it is a hybrid. we're in full electric right now. that's why you don't hear the motor and we're going to test out everything that gives these jeeps the badge. we have a jeep gladiator in front of us with one of the new colors. we're going to use the front facing camera to help get us down nice and safe and next the highlight of camp jeep, this is our big mobile mount. it's 24 feet high and 40 degrees of -- we're going to change this so you can see the pitch. are you ready? >> reporter: we are ready. >> here we go. >> reporter: here we go. >> 470-pound feet of torque, no slipping on the tires, how crazy is that. >> reporter: i can put my hands up like we're on a roller coaster. >> it's the slowest, funnest roller coaster you'll go on in
7:55 am
your life. there we go. hold on. check that out right there. look at that. >> reporter: and we're stuck midair. are people surprised to find out that this is a hybrid vehicle? >> they are, yeah, because they're like oh, i can't believe it does it. but yeah, it will do the whole track in hybrid, full electric or e-save which is full gas. >> reporter: we appreciate your time. thank you for taking us through the course. maria, i'll send it back to you. maria: thank you, kelly saberi. john, what do you think. >> i got a little bit dizzy from this. i'm concerned about the capital that automakers have in electric vehicles, electric vehicles and the batteries that go into the vehicles. you're talking about billions of dollars. and if the trump administration goes ahead and gets rid of the subsidies for the purchase of an ev, what does it do to the value
7:56 am
of this investment? it seems as though if i'm in detroit, i'm an executive, at this point in time i'm really confused and i really don't know what's coming down the pike. are re-going to give up on e vs as far as government support goes and rely more heavily on gas powered vehicles? i have already put all this money into building these production facilities for evs. maria: i think president trump is basically saying do what you want. you want an electric vehicle, get it. you want a gas powered vehicle, get it. i'm just not going to agree to subsidies for oneen of the market. it's not going to push subsidies on electric vehicles and i think that's right. let people do what they want. >> the mandate is the problem. economic coercion that people hate and part of this election was rejection of that and so i fully agree. >> trump said he's going to end the ev mandate day one and lee zeldin was asked about this during the confirmation hearing
7:57 am
and he said i will make sure they're common sense, prague prc solutions when it comes to electric vehicles. maria: common sense. we'll be right back. you're watching "mornings with maria" live on fox business. ♪
7:58 am
(♪) at enterprise mobility, we never stop looking for new mobility solutions. because sometimes the best road forward, is the one you didn't expect. (♪) after last month's massive solar flare
7:59 am
added a 25th hour to the day, businesses are wondering "what should we do with it?" i'm thinking company wide power nap. [ employees snoring ] anything can change the world of work. from hr to payroll, adp designs for the next anything.
8:00 am

0 Views

info Stream Only

Uploaded by TV Archive on