♪ stuart: there ain't no easy way out. well, there's negotiation on the tariffs and not necessarily easy way out but a good one. there they go. monday morning on sixth avenue. utterly deserted. it's 11:00 eastern time and monday, february 3 and here we go. rook at that market come back. re-cooping some of the losses after president trump and mexico's president spoke on the phone. both have agreed that has dak down about 400 and now 192 and comeback right there. show me big tech. previously entirely down several percentage points and all down still but not in percentage points and microsoft, amazon, apple, nvidia all down. 10-year treasury yield at 4.52%

and 10 year. about 4.5%. stuart: now this, doge employees arrived and demanded access to the payment system. the doge guys refused entry. they threatened to call federal marshalls. it was a physical standoff. top two security officials at agency promptly removed and doge walked in. elon musk, who runs doge, called u.s. aid a viper's nest of radical marxists who hate america. he says it is evil, a criminal organization. it is beyond repair, time for it to die. he calls the federal bureaucracy unconstitutional fourth branch of government. reportedly musk called the president and asked several times if he wanted to go through with it. go through with the shut down.

the president said yes. do it. u.s. aids website has been down since saturday and x account carries a message saying it doesn't exist. chief of staff resigned. u.s. aid has 10,000 employees, it has annual budget of 40 billion to provide humanitarian relief and services worldwide. those services are in confusion is understatement this. is hardball. elon musk made no secret of the intention to slash government and came as a shot and musk using authority of the president to take out an entire government agency. there'll be a fight about that. shutting down an agency created and funded by congressmen will surely go to court. reaction is already extreme. senator kim cain call it is a potentially criminal incident from unelected corrupt billionaire. the president says u.s. aid has been run by a bunch of radical lunatics. his words. if that's how he feels about government, we can expect a lot

more hardball still to come. third hour of varney starts now. ♪ stuart: steve forbess johning us this monday morning and let's talk tariff news. looks like talks with canada and mexico are proceeding. you like this, don't you? >> yeah, and investors assumed there'd be a lot of hardball negotiations and threats and i think by saying they're going to go on on tuesday, they realized he'd follow through and saw columbia, panama and mexico. i think you'll soon see governor trudeau as president trump likes it. he'll -- 51st state, to come to a somewhat similar conclusion -- not conclusion but putting off the pain. stuart: it's moved remarkably

quickly. tariffs haven't even been imposed yet and already people are backing off. >> well, the market i and else said this will hurt and people knew it was going to be bad stuff coming and both sides said donald trump said let's come to an agreement and so bash them over the head and say let's come to an agreement and so far seems to be working. i hope though, i hope though he follows through not just on the tariff front in terms of getting these things settled but come up with a -- we're waiting for that big, beautiful tax cut encompassing tax cut because in the first term, he got the tax cuts through and then he dealt with tariffs. so we want a big tax cut in there and any tariffs come along and can be mitigated by people having paychecks going up. stuart: most americans have high hopes for president trump's

economy and new gallop poll say 53% think the government and economy will grow over the next six months. 53% growth in the next six months. think that'll happen? >> i think the economy will grow and getting this tariff situation resolved as quickly as possible and big fat tax bill and the rules of the game and see thing and removing uncertainty and people know things are moving and i think that'ses formula for growth and this taxes and big fight later in year is with the federal reserve, that still doesn't understand inflation. bad thing. stuart: trump wants federal reserve to lower interest rates now and jay powell not so keen s. that a clash? >> the clash is jay powell thinks the way to control inflation is by depressing the economy. it's not the way you do it. do it the way reagan did and cut taxes and cut regulations and you get a stable dollar and relatively stable dollar and

economy booms. jay powell doesn't understand it and he'll get a lesson just like canada and mexico did. stuart: that's a rosie outlook and fix the tariff situation and go for the tax cut extension, and you figure out how to lower interest rates. the market and economy would love that. >> it's deepening them and include ago cut not just in the corporate rate but seeing a cut in personal income tax rates and getting ashed the whole blue -- arnett the whole blue state and salt detoxes. stuart: rosie forecast if i ever heard one. >> it's great for a monday morning. stuart: you're all right, steve. glad to have you on. thank you, steve. back to the markets and they're coming back a little. after both the president of mexico and trump said they'd pause tariffs for a month. by the way, mexico is sending 10,000 national guards troops to the border to stop the drug flow into america. everybody likes that.

jason katz with me this morning. looks like things are moving and looks like trump's hardball strategy is working; right? >> just another manic monday, stu. you know, i'm z surprised that investors were surprised. trump is following through with exactly what he campaigned on. look at what kevin hassett said this morning. this is a drug war, not a trade war. howard lutnick specifically referred to this as bargaining chip and at expense of some short term pain, trump will continue to use this tactic but most countries as evidenced by what's happening in mexico this morning will concede something and trump in turn will declare victory and our base case, stu, is that tariffs will only partially be implemented at best and probably prove to be temporary. stuart: this is a rosie scenario. if you can just fix the tax and figure out the tariff situation, you can move onto extending trump's tax cuts.

then move onto doing something about interest rates because as a clash between jay powell and federal -- and president trump. this is a fairy rosie outlook right now. would you agree with that? >> from steve forbes' mouth to actor's ears. look, there's a lot that has to go right here and i'm sure we're going to have bumps along the way. the market pulled forward a tremendous amount of performance and end of the day, you need good tax cuts but above all and i said it last week, we need companies to deliver earning ands we're in the throes of earnings season and not even talking about earnings but deepseek and tariffs and getting back to business to the micro in the near future. stuart: that's a positive you think? >> i do indeed. i think the bar has been set relatively low and washington looking for 10% earning ands seeing at least that. by the way, it's not the growth cohort that's down half a percent on the year. what's up 5% on the year through

friday? value. health department care up 7% on the year. what's teped down? 4%. i'd look elsewhere because you're going to get the lift from the other constituents of this market. finally. stuart: got it, jason katz, thank you for joining us this morning, on a very important day. what do you call it, manic monday? >> that's right. stuart: this is you. >> gets the juices flowing. stuart: thanks, jason. ashley, come on in, please, and start looking at some of the movers. what's pdd holdings? ashley: just another panic monday. the bengals. the parent company of temu and down today after president trump announced tariffs on chinese goods. of course pdd as you can see down 4.5%. some doing better than others and jd.com and alibaba slightly higher. alibaba up 2%. take a look at fedex and getting

busted a little by donald trump's tariffs and luke capital dawn graded from bye to hold and cutting -- buy to hold and cutting by 83 and fedex down were man 5% and take a look at uber. oppenheimer reiterating that the company is its best stock idea ahead of uber's earning results. oppenheimer believing concerns of robotaxi technology is actually created an attractive entry point for the stock. uber reports earn aggs on wednesday, but in this kind of environment they're still up as you can see more than 2%. stu. stuart: we'll take it. ashley, thanks very much indeed. coming up, canada announcing swift retaliatory tariffs of their own. >> canada will be responding to the u.s. trade action with 25% tariffs followed by further tariffs on $125 billion worth of american products. stuart: awe but in light of

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stuart: president trump imposing 25% tariff on a cade anne donovan oil imports coming into

america. madison, if the tariffs were immohsed, would tafanely -- imposed, would they raise gas prices here? madison: yes, but depends on where you are in the u.s. f. they go into effect, refiners in the u.s. paying 10% higher for canadian energy sources and could be paid by you at the pump. but there's hope that things could change. # trump caught tariffs on canadian oil in order to ease the impact on energy prices. trump has said that there will be short term pain for americans if these go into effect. now, prices today they sit at just above $3, $3.09 for a gallon of regular gas on average across the u.s.. i cross the u.s. because midwest drivers could be luckier than east coast if we see these tariffs. that's because midwestern pumps have been stockpiling canadian oil in recent months so they

won't feel the pain right away because they prepared but on the east coast, drivers could start seeing higher prices immediately because the region on average is already behind on supply as it is. so if this goes into effect, you immediately start seeing the impact of higher prices, stu. stuart: if they go into effect. madison: right, big if because of all the movement you're reporting on. stuart: thank you, madison. jonathan will keystone lakeson is canada's resource negotiator. i've been saying the ball is in canada's court to placate president trump. what can your tell me about the negotiations today? >> a cup olekowski f things. president trump has concerns alaska the fentanyl on the border and the numbers have been very, small and we agree, one

crocrossing and one pound of fentanyl is too much. we announced a package of over $1 billion to buy helicopters and drones and actually put more people at the border, but we've also said to president trump and his folks that we're willing to do more and that's a conversation we need to have is this is something that both of us agree we need to ensure the public is fully secured. i would also say i'm heading to washington this week to have conversations about how can we actually help each other become more secure, particularly visavi china and we need help in developing the minerals and a way in which we can help to ensure security against the country that really is the challenge for both of us, which is china. stuart: you'll be coming to dc i believe later this week, i think it's maybe tomorrow actually. you're discussing trade. will you be discussing the idea that's been put forward by some of a great north american energy alliance?

canada is energy rich and america is energy rich. if you can get together somehow, all though we're absolute power house. would you be discussing something like that? >> absolutely. i've been talking to american legislators about that people in the trump administration are interested in and looking at things we can do together, you know, canada can help president trump keep energy prices low in the united states and e help with china and help with the energy dominance agenda, about using energy internationally as tool of prom p and can dam it stuart: there's going to be another conversation with trump and trudeau at 3:00 this afternoon and could we assume there's more give and take by

this afternoon between canada and united states? can we make that assumption? >> i think there's going to be active conversations going on and they spoke about the boarder and trade and i expect they'll continue that conversation later this afternoon and they're going to be a win/win for the pathway for the united states of america and canada. stuart: i understand they booed at sports events this weekend and can we get back to a better relationship quickly? >> we can. we've been partners and allies not just economically but in world wars and we -- many of us have family in the united states and certainly almost everyone has friends in the united states and i think what you saw in a couple of places last night is canadians are angry about the

impact that these across the board tariffs may have on their families and they're anxious about that. that's just normal. and if we can find a pathway on this and we're the best of friends and best of economic people. >> if we find a way out of impasse, canada and america, the winner is canada and america and loser is china. is that accurate? >> absolutely. we have some real challenges with china. they control critical minerals and critical mines processing in in -- minerals processing in many different areas and minerals for defense and semiconductors and it's critical we find a way to reduce the vulnerability and that's something that canada and the united states can do together. stuart: jonathan wilkinson, thank you for coming on today at a very important time and appreciate it. we'd love to hear from you tomorrow when in dc. check back in with us. >> sounds good. would be happy to.

stuart: thank you, sir. look at bottom right hand corner of your screen before we go further. the dow is now down only 50 points. it had been done, i don't know the lou but down about 350 or something like that. you've come all the way back and it's entirely possible that you're closing out with greenen oturu screen for the dow. we shall see. maybe wishful thinking on my part. president trump repeated claim that canada should become the 51st state. come back in, ashley. what's his reason -- what's the latest reasoning on this? ashley: he explained why saying "we pay hundreds of billions to subsidize canada. why? there's no reason. we don't need anything they have. we have unlimited energy. should make our own cars and we have more lumber than we can ever use without this massive subsidy. canada ceases to exist as a viable country. harsh but true he says.

transfer canada should become aurocherished 51st state and lower taxes and far better military protection for the people of canada oh, and no tariffs. by the way, stu, i found this interesting, a poll taken last month in the canadian province of the border showed 74% favored independence staying as they are but nearly 20% favored american state hood. that's nearly one in five. remarkable. stuart: that is a surprise. it really is. good stuff. look at markets and dow down a mere 30 points and found out the low today was when the dow was down 665 points. we're now down 30. meta and nex flicks higher and amazon, microsoft and google pretty flat and very different an hour ago and all the big tech stocks down sharply. coming up, elon musk's latest

move to curb federal spending and gained access to federal government's payment system. musk is now slamming what he calls fraudulent treasury payments. details on that coming umm for you. democrat national committee is facing backlash out of leadership vote like this one. roll it. >> in order to be gender balanced, we must elect one male, one female, and one person of any gender. stuart: gender balanced elections. i wonder what joe concha has to say about that. we'll find out because he's on the show next. ♪

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stuart: outgoing dnc chair jamie harrison even called on democrats to make the race more gender balanced. >> our rules specify when we have a gender nonbinary

candidate or officer, the nonbinary individual is counted as neither male nor female and remaining six officers must be squander balanced. with the result of the previous four elections our elected officers are currently two male and two female. in order to be gender balanced, we must ed elect one male, one female, and one person of any gender. stuart: joe, have at it. what do you have to say? >> yeah, look, stu. my saratoga catch has got ton a point and i don't know when i'm kidding after swatching something like that . talk about a checking off of boxes exercise that we witnessed and have democrats learned anything from the past election and this is exactly the type of

stuff they reject. dei that should stand for didn't earn it or change the acronym, die, it should die. people don't like this sort of stuff. elect the best people on the leadership board at dnc and not, okay, we have to vote for this person based on race or color or gender. it's a whole bowl of wrong and the fact is after all that, the top two people at dnc are two white guys and interesting considering one is a millionaire at the top in ken matthews and the other is david hog only called for abolishing ice and nra and defunding the police. graces, dnc, you did a bang up job here. jacqui: they've come a long way. next one, espn steven a smith could consider running for the presidency after a poll showed him just behind 2024 nominee for vice president governor tim walz. listen to what steven a. smith had to say about that.

>> i doubt i'll ever run. it's not me. illuvia pretty good life and don't want to ruin it by getting involved in politics. but i got to tell y'all something, the democratic party looks so pathetic after this election, i might entertain running. stuart: all right, joe. democrats really don't have a clear leader. isn't it a sign of desperation that a sports congressmen cater will be considered? >> that's the whole thing; right? the fact that steven a. smith is trailing tim walz, that's not necessarily a position you want to be in but that's a position to come down to. donald trump was with the apprentice and got elected president and let's take a guy on espn literally 24 hour as day it seems, and i'm a fan of stephen a. smith. stuart: me too. >> and he's outspoke and can ditterman and maybe running -- running candid and hearing aoc and pete buttigieg and marc

cuban and bad bunny. looking at quinnipiac and democratic party never this unpopular in the history of polling. only 31% of americans approve of democratic party and less than one-third of voters and real branding party and coming back to senator and bill clinton in 1996 and working with the other side and meeting with immigration and crime and boarder and foreign wars and censorship and they do that, it'll be a long term problem for them. stuart: looks like it. joe concha, you're all right. thanks for joining us. you're just having too good of a time. i know you are. you're enjoying yourself far too much. keep smiling. >> it's a great morning, stu. for more reasons than one. thank you. stuart: thank you. elon musk going after fraudulent treasury payments after department of government efficiency, doge, reportedly gained access to the federal government's payment system. ashley, what is musk saying about this? ashley: yeah, he says that once doge got a look behind the

curtain of government spending >> what he found is disturbing, posting on x this, he says the@doge team discovered among other things payment approval officers at treasury were instructed always to approve payments, even to known fraudulent or terrorist groups. they literally never denied a payment in their entire career. not even once. by the way, stu, the treasury spends roughly $6 trillion per year on payments for trillion agencies and now we know why. treasury secretary scott bessent granted doge access to that payment system despite objections by members of the previous administration, which you outlined very well at the top of the hour. stu, back to you. stuart: thanks, i'll take it. thanks, ash. coming up, what was once one of the world's largest solar thermal power plant and project, it was praised by former president obama. well, it's now about to go belly up. the electricity generated costs

five times the market rate, full details coming up for you. president trump's action against offshore wind power notching a win after bill oil company backed away from a wind farm project off the coast of new jersey. is that project dead? we have the full story next. ♪

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(auctioneer) 11 million sir. (man) once they discover their privileges are no longer exclusive... their fragile reality will plunge into disarray. ♪ stuart: plumb named treasury secretary scott bessent at acting direct or to have on coupler financial protection bureau after formedder head was fired over the weekend. bessent in. check the markets, please. earl why this morning, president trump spoke with mexico's

president and they have agreed to pause tariffs on both sides and we'll not be levying 25% on mexico. they won't be levying tariffs on us. it's paused for one month. mexico will send 10,000 troops to the border to stop the flow of strugglings into america. statement president trump spoke with canada's trudeau this morning. they will speak again at 3:00 this afternoon and there's some speculation that a deal is brewing. somehow or other get a similar pause of tariffs that you got with mexico and maybe now with canada. eddie ghabour joining me now. do you believe trump's hardball tactics are working, eddie? >> i do. the biggest thing going into today which is why we bought the selloff is we're negotiating from a position of strength and they'll go into a recession if the tariffs go into place and president trump will put the tariffs on if they don't give in

so tom of the negotiations and some of the reason they're working right now is because we're in a position of strength and we can handle 25% tariffs and we'll not go into a recession. so this this is new normal volatility and we may be in the green at end of the day but it's still earlically we'll have to wait and see and looks good for this morning. >> what did you buy on this morning's big dip? >> pretty aggressive today, stuart. we like xlf and xly and jp morgan and amazon for clients and thought they were great entry points and look outrebounded it finishes and knee jerk reactions are opportunities and thought that today was another one like last week. stuart: see how this turns down and down 31 on the moment and

green for the dow and maybe bit end of this hour and certainly by end of the day, we shall see. eddie, thanks for jumping on board with us this morning. coming up, big money show now two hours and starts at 12 moon and cohost taylor rigs is here with a -- taylor rigs with a look at big money show. >> stu, to tariff or not to tariff, that's the question. we have charles payne, larry kudlow and breaking down the market response and of course the economic response with larry kudlow and what he knows about this trump white house 2.0 and what it means as a negotiating tactic going forward. stuart: taylor, thank you very much indeed. we'll tune into that one. you're doing well. stuart: remember the solar company that obama gave billions and they went bankrupt. now, william la jeunesse has

information on a new solar company. reporter: this failure costing us more with a handout of 2.2 billion so companies that didn't need for unproven technology that couldn't compete commissionly and imposed by a environmental group and obama administration ignored that and taxpayers left holding the bag. jaire not in china or india but in california. >> solar plant went live 10 years ago and supposed to produce for clean power for at least 30 years and instead of solar panels, using giant mirrors to concentrate the june's energy on the towers that boil water generating steam creating electricity. >> it's going to put about a thousand people to work build ago state of the art facility. reporter: part of the climate agenda, president obama gave ivanpah $1.6 billion in federal

loans and $535 million grant and 35% tax credit worth about $600 million and accelerated schedule to allow investors to write out capital investment in five years. >> the fact of the matter is american taxpayers wind upholding the bill whether it's a solindra or this project here. reporter: in addition to packs tayer losses, california rate payers forced to buy ivanpah power five times the market rate to help meet the state's renewable energy mandate. >> these are expensive subsidies and not only do they cost the taxpayers but distort the market. reporter: other impact on wildlife killing thousands of birds that fly anywhere near the plant's intense heat as shown in the government video. >> when they see the birds actually going up in flames, they created a name for that and call them streamers. reporter: the entire plant will likely shut down at end of the year and pg&e is out and

california edison is negotiated and ivanpah cannot compete on natural gas neither the energy department or plant's owner telling us how much taxpayers lost, stuart, but experts say it'll likely exceed $1 billion. back to you. stuart: we hear you, william language necessary, thank you very much. oil giant backed away from major offshore wind farm off the coast of new jersey. madison, who backed away and why? madison: it's shell. shell is the company that backed away, and they cited increased competition, delays and a changing market. shell is abandoned the atlantic shores project and it is a major offshore wind project in new jersey. this is a huge set back for the industry and putting lightly. shell writing off $1 billion in the investment and project promised to power 1 million homes and shell is out but partner, edf offshore

development remain committed to the project but without shell's backing, hard to see how that works. supposedly it's happening and skepticism there. the impact of trump's executive order is bearing fruit with the announcement. on the first day in office, trump signed an executive order singling out offshore wind and halt on all lease sales and federal waters and pause on approvals. it also directed administration officials to review existing offshore wind leases and identify any legal reasons to terminate them. so this could be shell getting ahead of that for fear that it would have been terminated anyway. stuart: it could be. think? it looks like it. madison, thank you very much indeed. madison: got it. going to the dow 30. we opened up this morning, every single one of those stocks was in the red. now about half are in the green. clearly the market has come back because of all the talk about negotiating on tariffs. coming up, new jersey governor phil murphy revealed an illegal migrant is living in his home.

>> we said, you know what, lest have her live at our house above our garage and good luck to the feds coming in to try and get her. stuart: well, that's an open challenge. open challenge to federal authorities to take action. we have that story for you, believe me. in seating, ice just nabbed dangerous criminal migrants charged with heinous crimes including sexual assault of children and that did not stop hundreds of seattle residents from taking to the streets to protest trump's immigration policies. jason rantz takes that on next. ♪

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stuart: new jersey's governor phil murphy admitted to housing undocumented migrant at his home. come on in, molly, what's he saying to the feds about this? reporter: it's interesting as thousands of arrests by ice across the country in a little more than a week. the governor of new jersey is practically daring that agency to come to his own home. how he put it, democratic governor phil murphy declared during an event on saturday he and the if iranians lady are

allowing someone -- and the first lady are allowing an illegal migrant to stay at their home. >> i don't to want get into too much detail but someone in our broader universe whose immigration status is not yet at the point that they are trying to get it to. and we said, you know what, let's have her live at our house above our garage. and good luck to the feds coming in to try and get her. reporter: we have reached out to the governor's office and remember during the first trump administration, murphy banned state and local airport agencies from working with ice and state attorney general is among those challenging trump's executive order banning birthright citizenship. in new england, there's a collective show of force from law enforcement partners touting cooperation with ongoing efforts of ice and swath of postings ovx on the weekend and pictures posted by da new england, atf

boston and fbi boston. further south, ice is highlighting with the agencies calling a work sight site operation and going with seven illegal migrants from mexico and dominican republic and arrested and agency forced to come as a result of allegations that they were coming to be labor exploitation and la massive ice and deportation demonstration blocking 101 freeway over the weekend and at one point, highway blocked in both directions and took more than five hours to fully reopen as california highway patrol struggled and clear hundreds of protesters. tom homan note that had noncriminals are being arrested in sanctuary cities because enforcement forces are being pushed out into those communities when the bad guys are not being pulled out of the jails. stuart. stuart: i got it. molly line. thank you. now hundreds of protesters marched in west seattle over the

weekend to protest president trump's migration policies. and the ongoing ice raids. it came days after ice seattle arrested a guatemala illegal migrant for rape and child sexual abuse and threat. jason rantz, our seattle guy joining us. ice is getting dangerous people off the streets. why protest that? >> yeah, three reasons here. number one, a lot of ignorance and even if you look at coverage of particular ice raid, excuse me, protest, they didn't mention they're going after criminals, dangerous people. then you've got folks that like to set up the trump administration as racist and so they're just making the claim that ice is going around rounding up illegal immigrants which of course is not going on and then just have wanting to play hero. a lot of progressives that think they could set this up and frame the whole discussion in a way that makes them look good. so they really like to go on social media and talk about they're heros saving all these people and marginalized

communities and governor murphy going for them ands in not all that important. stuart: they say, wait a minute, they're just getting rid of vicious criminals. they've not really started to go after visa ex-teched stays. >> wonderful if people outside of conservative media stepped up and asked that question. can you tell me what's so controversial about arresting a child rapist and what's the controversy there and going to defend that and getting in front of politicians and democrats were taking this position that we have to be protecting everyone from ice raids and it's very clear that ice is prioritizing the criminal illegal immigrants and posing a clear and imnathanial hackette threat and why we can't separate that out from someone who is mining their own business and trying to contribute to society

and not causing any problems and i don't understand. stuart: neither do i. jason rantz, thank you for being with us this morning. appreciate it. >> thank you. stuart: yes, sir. time for the monday trivia question. what is the length of the longest crocodile ever recorded? 17, 18, 19, or 20 feet? the answer when we return. ♪ 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 your best defense against erosion and cavities is strong enamel. nothing beats it. i recommend pronamel active shield because it actively shields the enamel to defend against erosion and cavities.

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investment objectives, risks, charges, expenses and more in prospectus at invesco.com >> we asked what is the length of the longest crocodile ever recorded. as usual you are first ashley. >> probably and australia, i'll go with the biggest 20 feet, number 49. >> i don't think they make the last into the right one allgood number 319 feet. >> i've seen a few african crocs and i believe it's 20 feet. thank you 20 feet, largest crocodile in captivity a saltwater in 2011 in the philippines the crock weighed in at 2370 pounds, it was big. were getting it to this, check the market we have a comeback i

want to repeat the breaking news today try mexico's president said they will pause tariffs both wait for one month. mexico is the .10000 national guard men immediately to the border to stop the drug trade both ways going into america. trump spoke with justin trudeau and speak again at 3:00 o'clock this afternoon, there is speculation that a deal is brewing with mexico and with canada as well that's what the market has come back we were down 660 on they're down our down 140. that is it for "varney & company". it extremely complicated by dynamic day "the big money show" starts right now. >> the message from president trump to the entire world is very clear we are done being taken advantage of. >> we need to tell china as was mexico, as well as canada to get the fentanyl out of our country. >> if you want tariffs to go away mexico and china stop poisoning americans. >> this is not a t