maria: joe borelli. >> polling is aligned with trump on a majority of the issues. he should look for more opportunities to speak in front of a live democratic audience. maria: that was incredible, to watch president trump there, and the inspiration -- >> expect reactions from them is what sealed the deal, i think, for a lot of americans. maria: so you think go speak in front of democrats to see how they respond? >> these are predictable people. [laughter] >> tiana. >> tariffs are a threat, powerful diplomatic tool in practice. 25 % of every mexican import is made in america. maria: all right. great show, everybody. thank you so much, joe is, mario, tiana, we so appreciate it. with the dow down 382, we've got more tomorrow. don't miss my exclusive interview tomorrow with the president of poland and my interview with president trump right here. "varney & company" picks it up now. stu, take it away. stuart: good morning, everyone. it's called volatility. the sharp gyrations of the stock

market that make investors really anxious. we've got a case of that right now. what do you to do? sell and take your money someplace safe? stay the course and hope for the best? a lot of people just don't look at their accounts when they know it's going down. as for this morning, dow industrials down close to 400 points. that's premarket. s&p down 73. nasdaq, sharp drop, down 344 points. we had a record trade deficit reported this morning, $131 billion. that does not help stocks. it add as ammunition to trump's claim that america's being ripped off by our trading partners. stocks down. bitcoin, just above $90,000. no, 89,5 right now. the 10-year treasury yield has moved above 4.25%. that's not helping stocks. 4.28, to be precise. the 32-year, 3.96. -- 2-year. an ultimatum for the leadership of hamas.

president trump say, quote, now is the time to leave gaza. a beautiful future await, but if you hold hostages, if you will -- if you do, you are dead. auto tariffs paused for one month. there's some disappointment that a broader relaxation wasn't announced. today president trump talks to mexico's lead. the negotiations continue. elon musk meets congress behind closed doors. some in congress think musk's aggressive cutting chips away their own authority. good-bye, education department. the president is expected to sign an executive order to abolish the department that's been around since 1979. however, he's likely to need legislation, so he will need agreement from congress. not easy. on the show today, the impact of trump around the world or, dramatic. canada, mexico, germany, russia, china, ukraine, gaza all reacting to the president's america first policy. some like it, some don't. sanctuary cities invested.

the mayors of denver, boston, chicago and new york all appeared before congress. thursday, march 6th, 2025. "varney & company" is about to begin. ♪ ♪ -- what i'm saying, we can work it out and get it straight or say good night ♪ stuart: stevie wonder covering a beatles' song. nicely done, we can work it out. a bit more activity on sixth avenue -- >> oh, yeah, that are's busy. stuart: it's almost like spring out there. let's get on with it. the white house says the automakers will get a temporary exception from tariffs. watch this. >> we spoke with the big three auto dealers. we are going to give a one-month exemption on any autos coming through usmca.

reciprocal tariffs will still go into effect on april 2nd, at the request with of the companies associated with usmca a, the president is giving them an exemption for one month so they are not at an economic disadvantage. stuart: president trump told trudeau the tariffs will remain in place until today take real action against fentanyl. later today president trump plans to speak with mention cos, claudia sheinbaum. jason chaffetz with me this morning. i want to get back to that record trade deficit reported a half hour ago, $131 billion, that is a record. that's going to boost trump's claims. he's going to dig in his heels. >> yeah, he is. smart money says this is really about china. yes, the border and fentanyl, human trafficking are important, but they've shown they can quash that. i think it's all about china. if they don't move to push back

with china and is help us as the north american group, then we won't get to where we want to get to. stuart: what help -- we're not going to get help from china. >> no. what i'm saying is canada and mexico -- china has determined that they can go through canada, they can go through mexico to get their products here. that's one way they bypass it. if canada and mexico aren't working with us to push back china, that's where the smart money is. i think that's part of it in addition to the billions of dollars in trade deficits that does, as you say, add fuel to trump's argument. stuart: he feels a trade surplus is ripping off the united states. it's not just our preference for those products. >> exactly. stuart: jason, stay there, please. a house ways and means committee chair, jason smith, he set a deadline to deliver on trump's one big, beautiful bill. good morning, lauren. welcome back. when does he want it? >> memorial day. the senate is still advocating

the two-will approach. -- two-bill approach. senate majority leader john thune does not plan to put the house budget resolution on the floor before its break. recess starts march 14th, the same day as the dead ifline to aa accelerate -- deadline to avert a government shutdown. stuart: jason -- [laughter] do you think we're going to get this big, beautiful tax cut? everybody i ask says, well, we must get it. what do you say? >> well, they do, they have to get it. it's what they promised. two different issues. continuing resolution on march 14th is a very difficult ask because you're going to continue with, essentially, the biden budget through the first ten months of the trump presidency? a lot of conservatives aren't going to go for that. the meetings musk is having behind closed doors, that's about rescission. go ahead and pass the budget with at the continuing resolution are, then offer a legislation or have the president do a rescission to draw back i all those things that that doge and elon musk have pointed out are wasteful spending.

stuart so it's not reining them in. >> no, not at all. quite the opposite. it's how to take those savings and make sure they are permanent in the law. that's about cutting the department of education, cutting out all that wasteful spending. they're not rating -- are you kidding? there's no republican or conservative that's reining in elon musk. stuart: got that get that tax cut extended. >> memorial day. stuart: i'll be watching. we'll be here. thank you, jason. let's see. futures check. what have we got this morning? before the market opens i can tell you there's plenty of red ink. down nearly 40 400 for the dow, nearly 300 for the nasdaq. adam johnson's with us this morning to cover the markets. >> yes, sir. stuart: interest rates are -- well, let's see what we've got here. we've got an economy that's slowing, inflation that is still with us, and we've got a trade war. is that why we've got so much volatility in the markets? >> yes. in a simple word. and what's interesting, stuart, is i woke up this morning and,

remember, yesterday was actually a pretty good day in the market, and it's been tough to find good days. i woke up this morning thinking, well, let's see if we have a follow up. what in the world's going on? if it's the sort of thing that really shouldn't affect the u.s., but it is. in germany they're realizing that because mr. trump is effectively turning off the a spigot, they're not going to get the money that they've been getting, so now germany's going to have to start spending money as are all the european countries. inflation in europe, they sent their bonds down, yields up and, therefore, people look at the u.s. and think, oh, gosh, we'd better sell. i try to ignore the noise. i want to understand why these things are moving. but what matters to me, stuart, is that we have earnings growth in this country that is the highest since 2021. and it's coupled with profit margins that are the highest since 2021. so from my point of view as a stock investor, i want to buy these dips. it's hard to do, but i do want

to buy them. stuart: every nasdaq selloff a, the last 14 nasdaq selloffs, it's always come back. >> thank you. yes. matter of fact, there have been 14 such selloffs over the past 3 years. the average decline was about 13%, and those turned out to be wonderful buying opportunities. we are now down right now 10 -- actually, 11 or 12% given where we are this morning. 11 or 12% on the nasdaq from the high that was two weeks ago. if history proves correct, this will be the 15th such example. that's why i'm comfortable going in and buying. it's uncomfortable, but generally if you're a long-term investor, that's the correct thing to do. stuart okay. give me one stock that's going to to make me a lot of money in the next year. >> super micro, smci. been in the news -- stuart: why's it down 5%? >> well, because right now it's an a.i. stock, and all the a.i. stocks are down this morning. the a.i. stocks are the punching bag right now in this market. at a $37, that stock is trading

at 12 times earnings. the market -- and it's growing 65-70%. so you can buy the s&p 500 at 21 times going 12%, or you can buy super micro at 12 times earnings, about half, and it's growing at 65-70%. 6-7 times more than the market. that's the one you want to own. super micro, smci, they build platforms for artificial intelligence, so it's something we can all if not understand, certainly recognize. stuart: well, you promised i would make money on this stock, so -- >> yes. stuart: justify yourself. >> okay, i shall. stuart: coming up, president trump delivering an ultimatum to a hamas. release the remaining hostage ands and leave gaza forever or there will be hell to pay. tammy tammy bruce is on the show with that. vice president vance made his second trip to the border, the stark difference between what's happening now and the biden administration's

performance. watch this. >> joe biden opened up the american southern border and allowed the cartels to turn it into their playground. we didn't need fancy legislation, we just needed a new president of the united states. stuart: however, "the new york times" reports the administration is frustrated with the slow pace of deportations. texas senator ted cruz responds to that next. ♪ ♪ (fisher investments) at fisher investments we may look like other money managers, but we're different. (other money manager) you can't be that different. (fisher investments) we are. we have a team of specialists not only in investing, but also in financial and estate planning and more. (other money manager) your clients rely on you for all that? (fisher investments) yes. and as a fiduciary, we always put their interests first. (other money manager) but you still sell commission- based products, right? (fisher investments) no. we have a simple management fee structured so we do better when our clients do better. (other money manager) huh, we're more different than i thought!

(fisher investments) at fisher investments, we're clearly different. i'm thinking of updating my kitchen... —yeah? —yes! ...this year, we are finally updating our kitchen... ...doing subway tile in an ivory, or eggshell... —cream?... —maybe bone?... don't get me started on quartz. a big big island... you ever heard of a waterfall counter?... for everyone who talks about doing that thing, and, over there. but never does that thing... a sweet little breakfast nook. chase has financial guidance. let's see how you can start saving to make this happen. —really? —really? really. at home or in-person. you could also check out a chase money skills workshop. that's guidance from chase. make more of what's yours. after last month's massive solar flare 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.

♪ [suspenseful music] trains. [whoosh] ♪ trains that use the power of dell ai and intel. clearing the way, [rumble] [whoosh] so you arrive exactly where you belong. investment opportunities are everywhere you turn. but at t. rowe price, we're letting curiosity light the way. asking smart questions about opportunities like advances in healthcare. and how these innovations will create a healthier world tomorrow. better questions. better outcomes.

♪ stuart: the vice president, j.d. vance, made a trip to the border along with other members of the administration. brooke taylor joining us now from eagle pass, texas. all right, brooke, what did vance say about the border wall?

>> reporter: stuart, well, vance said that he believes that president trump's hope is to finish building the entire border wall by the end of his term. he quickly shifted his focus though to talking about taking down the cartels and counterterrorism. vice president j.d. vance joined by the secretary of defense, pete hegseth, and also the director of national intelligence, tulsi gab around. they took a helicopter ride, visited this tented facility here in eagle pass which was once a major hot spot for illegal migrants at the a peak of this border crisis. >> every single day that we continue to keep this border safe, that means less migrant crime, less fentanyl coming into our communities, that means more safety and security for the people of the united states of america. >> reporter: and vance said the border has become a matter of national intelligence. gabbard said the issue now is finding out who exactly the millions and millions of migrants are who were let into

the country over the last four years. she says many of them are connected to foreign terrorist organizations but just released into the community. >> where are they, what are they doing, what may they be plotting? our counterterrorism center is working on making sure that we have that single source for vetting so that we can figure out who is actually in our country and identify those who nose a threat and get them -- pose a threat and get them removed. >> reporter: and president trump so far has designated eight cartels as foreign terrorist organizations. vance was saying how the people living many mexico should actually see this as a huge favor to them because if these cartels and the drugs they're trafficking are not taken down, the people in mexico, he says, are going to wake up to a narco-state. stuart? stuart: brooke, thank you very much. listen to what else vance had to say during his border visit. roll it. >> and the bad news is, is that because of what joe biden did at the southern border for four years, we had record increases

in migrant crime, in fentanyl deaths. joe biden opened up the american southern border and allowed the cartels to turn it into their playground. now, that's the bad news. the good news is, as a president trump said last night at the state of the union, it turns out we didn't need new laws, we didn't need fancy legislation, we just needed a new president of the united states. stuart: that was a punchline in that speech. a headline from "the new york times", quote, frustration grows inside the white house over the pace of deportations. texas senator ted cruz joins us now. senator, are the deportations going fast enough for you in. >> well, listen, what i'm very happy about is that the illegal crossings have dropped over 90% in the if first 40 days, and that's extraordinary. you look at what happened over four years. over four years, joe biden9 and the democrats opened up our southern border, and we saw a literal invasion. we saw the worst illegal immigration in our nation's history. 12 million illegal immigrants

came across the border. and the result was every single day americans were victims of violent crime. the democrats were released into this country, murderers, and rapists and child molesters and venezuelan gang members. the president was right at the state of the union. literally, on january 20 20 the difference was having a president who will enforce the law. the question that matters, stuart, is what happens when someone is apprehended if the answer is you put them on a plane and fly them home, the numbers plummet. but if you release them and let them stay, the numbers skyrocket. so the deportations will come, and congress will pass the funding for that. but we have a president who's enforcing the law, and america's safer as a result of that. stuart: i'm going to change the subject. republicans in the senate are calling elon musk and doge to send spending cuts to congress. are you comfortable with the way musk is cutting left, right and center? >> listen, i'm a big fan of elon's. he's a good friend of mine.

he joined us at lunch yesterday, and to be clear, what republican senators is to make the doge cuts permanent, they have to be approved by congress and written into law. that's clearly right. i think elon and doge are doing an incredible job, but we want to codify those cuts and make them permanent, and that's what i expect the administration to do. stuart: do you expect more news of cuts from miss conclude? -- musk? >> i'm confident every day we're going to get new cuts because the waste he's uncovering is incred incredible. whether it's people who were 150 years old or whether it's $2 million for sex change surgeries in guatemala, it is astonishing, and elon is bringing -- look, we have one of the greatest technology ceos in history who is donating his time to the american people and and rooting out the massive corruption. and, look, what elon is finding, joe biden and the democrats weaponized all of government. it wasn't just the department of

justice and the fbi to go after their enemies. every single grant program in the government they used to pay off their buddies. it was all about cronyism and corruption. and as you start uncovering it -- look, joe biden, in the closing days of his administration, sent $2 billion to an ngo that stacey abrams is helping run. that's' just payoff. and, frankly, it is disgusting. and so i'm glad that we have elon musk and donald trump rooting this out and getting rid of it. stuart: senator ted cruz, always a pleasure. thank you very much for being on the show. >> thank you, stuart. stuart: jason chaffetz, senator cruz obviously agrees with you -- >> yeah. stuart: -- that if they're not reining in musk, they're codifying the cuts to make them permanent. >> yeah. you've got to make the structural change. the big money is going to be found at a department of defense, health and human services. and i've written books about this, but it's going to be about these nongovernment organizations. i'd argue they're not ngos if

you're taking government money, but there are hundreds of billions of dollars that bypass the will of the congress by giving it to -- [audio difficulty] across the board. and you have to rein that in. and there will be major savings to the federal government. stuart: you were in politics for a long time. you were in congress. >> yeah. stuart: before that, you've always followed the political scene. you're a political kind of guy. have you ever seen any attempt in the past to really, seriously cut government spending that succeeded? because i haven't. >> no. look, i was the chairman of the oversight committee. i couldn't get this data. the inspects general, there's 13,50 of them, they couldn't -- 13 if,500 of them. what elon musk has been able to do in, essentially, less than two months is go in and see the things we'd always ask -- i'd issue subpoenas for this stuff. elon musk is able to get there. everybody is cheering that, that wants to get rid of the waste,

fraud and abuse. and don't tell me, democrats, they're cutting medicare. don't scare people. if you want the money there to actually solve these problems and help people that deserve it, then you've got to cut out the waste, fraud and abuse. everybody should be in favor of that. stuart: we've got jason -- >> see, i get fired up about this stuff. stuart: good stuff. >> go, elon. [laughter] stuart: we're going to check futures real fast. i'm afraid there's a lot of red ink this morning. down 400 on the dow, 300 on the nasdaq. the opening bell is next. ♪ rain drops keep falling on my head -- ♪ but that doesn't mean my eyes will soon with turn -- be turning red. ♪ crying's not for me. ♪ 'cuz, i'm never gonna stop the rain -- an alternative to pills, voltaren is a clinically proven arthritis pain relief gel, which penetrates deep to target the source of pain with nonsteroidal anti-inflammatory medicine

directly at the source. voltaren, the joy of movement. louis! okay everybody, that's lunch! (♪) mud mask? (♪)

force factor prostate advanced reduces nighttime bathroom trips, helps fully empty your bladder, and promotes a normal prostate size. why? force factor prostate advanced contains clinically studied saw palmetto, beta-sitosterol, and cranberry extract. rush to walmart and find force factor prostate advanced. stuart: thursday morning. plenty of red ink. down 400 for the dow, down 330 for the nasdaq. brian belski joins me this morning. i want to talk quickly about the news this morning of $131 billion trade deficit. that's a record. i think that's maybe a negative for the market on the grounds that trump says, hey, these people are ripping us off. he's going to dig in his heels on tariffs. >> hey, thanks for joining us, good to see you. stuart: that was a great introduction, i thought.

>> thanks for teeing that up. the trend has been like that for a while, especially given the policies of the last four years. number two, it's interesting from our work we've seen the international industrials do much better as of late. what we need to do from a diversification side of things in terms of the operating performance of these industrial companies, we need to see the more domestic side do well. so i do think on a near-term basis, that adds a little more negative fervor to the market. but this too shall pass, and i think it's, once again, a data point that was before, not going forward. stuart: we always used to call you and still do bullish brian belski. but then you're always fully invested in stock, aren't you? >> we are. stuart: you're always bullish. >> no, not necessarily. because in mid 2022 we really tilted our portfolios to be more dependencive and fight those inflation -- defensive and fight those inflationary pressures, and that was correct. seven off the ten years the

market's positive. if i'm sitting with mrs. nelson from northern minnesota where i grew up and i tell her to sell because of the trade deficit today, she's not coming back and she will not be invested. this is the greatest country in the world with the greatest companies in the world. we should never abandon investing here because of what i just said. stuart: can you be honest about the likely progress of the market? i mean, can you say, i see a selloff coming? >> absolutely. and we've said that while -- first of all, no one can time the market. number two, what we said in our piece with respect to our 25-year secular bull market when we talked about 2025, we said is, hey, this is year three of the cyclical bull, okay? it pales in comparison with respect to the turns -- returns historically. i actually think that's happening is we are having a shock to the system. double-digit is earnings growth in the trading range of the 10-year treasury, we're being kind of forced into that right

now. look at how the market's probably going to open weak. the market's been reactionary weak and then it comes back. we're sell first -- stuart: will it always come back? >> we always come back. we're not in a recession, a great depression, this is not covid. let's just relax here a little bit. stuart: shall i buy some more? it's going to come back. >> yeah. i mean, think about the best companies in the world, an apple, google, netflix, lockheed martin or palantir. these names are based in the united states, they grew up in the united states, and they're the best companies. stuart: or microsoft. >> or 340r9. look look a g microsoft. rook at the balance sheet -- stuart: i'm a glad you could help me out there at the very last minute. brian belski, you can come back. right now you're going back to naples. >> i am. stuart: very crowded. [laughter] three seconds to go, and this market opens. press that button, please, i want to get things going even though we're going to be on the downside. yes, we are. it is a thursday morning, it is

march the 6th. look at the dow 30, you can see them on the board, they're opening up now. there's a lot of selling, obviously. plenty of red on that screen. the dow industrial average a, pull it up, please. it's down 400 points in the very, very early going. you're talking about the first 30 seconds here, down 405, 406. okay, there you go, 42,600, that's the level. the s&p down 1.3%, that is a substantial loss. 78 points down. the nasdaq composite, pull it up, please. i want to see the big screen numbers. down 340 -- 338. 1.8%. all right, how about big tech? i can't imagine there's many winners there. there are not. apple, alphabet, meta, microsoft, amazon, they are all a down. more general coverage, let's start with the automakers. good morning, taylor. >> good morning. stuart: they're all down this morning, despite that tariff exemption. >> yeah. i mean, again, what does another one-month delay or exemption

mean? these automakers are look at supply chains that are two and three years out. so one month exemption sounds good in the near term, but for long-term capital planning, these companies need to understand how to invest in the business. it's going to take longer than a one-month reprieve to figure that out. stuart: how -- if you're the ceo of a car company -- >> you tell me. stuart: -- one minute you're looking at tariffs, the next minute they've been withdrawn. how do you deal with that? >> you can't. it's hard to plan. stuart: ford's back at a $9 a share, that's important. marvell,, they had an earnings report: the stock plunged. there you go, all the chip makers way down. >> yes. revenue forecast came in well short of estimates. investors basically want a bigger payoff from this big a.i. boom. they provide the chips design services. some of their major tech companies think the hyperscalers like an amazon use them, but if they're not scaling as a fast, you're seeing marvell

technologies, certainly, sell off a little bit today. and, of course, when they go, every other chip maker goes with them. stuart: that is quite a selloff, indeed, 20%. then on the other side of the coin, why are chinese company stocks, why are they largely, in fact, across the board, rallying? >> well, you trying to figure out tariffs. and, again, we're talking about what we've been thinking which was a weaker chinese consumer. but you're getting softer data the in terms of sentiment surveys in the u.s. so again, assuming they can navigate those trade tear lives, they've had -- tariffs, they've had a big selloff, this could with a little relief. stuart: china winning on tariffs in my goodness, me. mr. trump will have something to say about that. walmart, how are you dealing with tariffs? >> i love this story. walmart is the case study on how to deal with supply chain management. if you're a supplier, you want your goods in walmart because they have exposure to millions

of americans who shop there. so walmart has been asking some of their chinese suppliers to absorb a lot of the cost from the tariffs. they've said why don't you lower your costs 10% because we, walmart, we don't want to raise prices on our consumers. we're hearing from chinese suppliers that maybe they'll absorb 2-3. any more than that we're hearing that means a big loss for them. but again, thises the negotiation in the pricing power that walmart has when they talk to all of these suppliers, because you want to be in walmart. stuart: got it. tesla building a big, new mega-factory. where? >> yeah. just outside houston, in texas. we're learing it's to operate a -- hearing it's to operate a battery storage facility. it's an energy product, it'll have about a million square foot building in katie, texas. stuart: tesla's still down in part because of musk's political activities. >> and there's been a slowdown in ev sales globally for tesla.

stuart: apple, they're using a new chip maker for the iphone 16e. what's the significance? >> when you pull up your iphone, mine says 9:34, and apparently there's a researcher who has an eagle eye, decomposed the iphone 16e to figure out what components were in there, and they found it's called sci time corp., those shares are were rallying, they're certainly down because all chip makers are down, but they are now using that to replace quartz oscillators to tell time. stuart: wait a minute -- >> i know. [laughter] stuart: a researcher pries it apart, sees this little chip that tells you the time -- >> yep. stuart: that's a from a different chipmaker, releases the name, and up it goes -- well, actually -- >> all the a chip makers are down, but earlier it was up about 20%. it's amazing. stuart: i tell ya, okay,

earnings reports before the bell. deal with them quickly, please. b.j.'s. >> it did beat expectations, they're providing in-line expectations which bucks the trend. the cfo saying we're cautiously optimistic begin some of the macro uncertainties, but if you're a value-conscious consumer, you're going to be doing whole sale. stuart: macy's. >> not good. we're down 12%. sales and profit below estimates, consumer spending slowed down plus tariffs. they get a significant portion of their store branded products from china, so they're highlighting tariffs. net sales now for the year with, they're forecasting $21 billion. analysts wanted 21.8, so it's a miss, and this is a company that needs a turn-around. they're in the middle of it, but they're not getting any help from the consumer. stuart: $12 a share. down there. roguer? >> annual sales above -- kroger? >> you're up 4.5% because people are seeing steady demand for

grocery stores. stick to the basics, fruit and vegetables because as a value-conscious consumer, you're going in for what you need. stuart: the big one though is tonight, costco after the bell. what are you looking for? if. >> expectations are high. we'll see what the print says going into it, but higher membership revenue, people are expecting to, again, that value consumer. look at a second quarter revenue to be about $63 billion, up from $58 billion this time last year. and remember, about a week ago costco announced nine new store openings, sick -- six of which begin in march. stuart: a lot going on. a lot of stocks in percentage times, that means you've got all the movement up and down. we'll watch you on "the big money show," 12 noon, coming up today. commerce secretary howard lutnick defending president trump's tariffs. watch. >> what they did is they disrespected america. the president said is, i've had enough. so he says, tariffs. then they say, hold on, hold on,

hold orange or we'll start to respect you. stuart: brian brenberg's going to be here to respond to that. one of president zelenskyy's top aides says there will be a meeting in, quote, the near future. how soon could that meeting actually happen, and will trump actually meet putin at some point? state department spokeswoman tammy bruce next. ♪ known for pursuing your passions. no one wants to be known for cancer, but a treatment can be. keytruda is known to treat cancer. fda-approved for 18 types of cancer, including certain early-stage and advanced cancers.

one of those cancers is early-stage non-small cell lung cancer. keytruda may be used with certain chemotherapies before surgery when you have early-stage lung cancer, which can be removed by surgery, and then continued alone after surgery to help prevent your lung cancer from coming back. keytruda can cause your immune system to attack healthy parts of your body during or after treatment. this may be severe and lead to death. see your doctor right away if you have cough, shortness of breath, chest pain, diarrhea, severe stomach pain, nausea, or vomiting, headache, light sensitivity, eye problems, irregular heartbeat, extreme tiredness, constipation, dizziness or fainting, changes in appetite, thirst, or urine, confusion, memory problems, persistent or severe muscle pain or weakness, muscle cramps, fever, rash, itching, or flushing. there may be other side effects. tell your doctor about all medical conditions, including immune or nervous system problems, such as crohn's, ulcerative colitis, lupus, or myasthenia gravis or guillain-barré syndrome, an organ, tissue, or stem cell transplant, or received chest radiation. keytruda can harm your unborn baby. keytruda is an immunotherapy

and is also being studied in hundreds of clinical trials exploring ways to treat even more types of cancer. it's tru. keytruda. see all the types of cancer keytruda is known for at keytruda.com and ask your doctor if keytruda could be right for you. it's a smart move to get a second opinion. you do it when you're looking for a contractor. you definitely do it with medical advice. so why not with your stock market investments? we can help you see opportunities you may be missing. at hennion & walsh it only takes a second to schedule your free second opinion. so what's there to lose? speak to hennion & walsh. the second opinion people.

stuart: i should tell you that if the nasdaq falls 396 points, it would be in correction territory. it's down 344 now, so it's the awfully close to a correction. it is, of course, a selloff. a top aide to ukraine's president zelenskyy says a meeting with the u.s. will happen in the near future. state department spokeswoman tammy bruce joins us now. may i call you tammy without

being overly familiar, tammy? [laughter] >> you know, stu, after 20 years of hearing your voice in the morning one day a week, it is a pleasure to be on with you and to hear that voice again. thanks for having me. stuart: it's a pleasure to have you back in your official capacity now. >> thank you. stuart: it sounds like the relationship between zelenskyy and trump is being repaired. when are they going to meet? >> well, look, there are discussions that i've not been a part of, of course, but what we do know and what i can say is what the rest of america has also watched, is that our strength creates peace. it is clearly, been made clear to president zelenskyy that what happened at the white house the other day was unacceptable, that some respect has to be offered but within the framework of the fact, my goodness, these are the american president and vice president and the administration working to help him save his country. that is the only goal of what has been expressed not just by president trump, but obviously by our top diplomat, secretary

of state marco rubio. nothing has been more clear. and even after that, the doors remain unlocked. both have indicated that, of course, we're ready to come to the table when ukraine via president zelenskyy is ready for peace and ready to embrace the fact that we can help him achieve that. in fact, we are the only method, and president donald trump is the only individual who can help make that happen. stuart: okay. next case, when will trump meet with putin? [laughter] you may not know the answer to this, but city have to ask the question, when are they going to get together? >> obviously, the two men have already had a discussion, that was obvious over the phone, in order to achieve what the president and what the secretary of state want to achieve which is peace in ukraine, both individuals, both countries have to be at the table. that is going to require having conversations with these individuals, hundreds of thousands of people have been killed. it is a meat grinder in ukraine. there is -- no one wins here.

it clearly is a stalemate. there is a point where we know the world wants to move on. we achieved that with the resolution at the u.n. security council calling for an end to this conflict. the first effort at the u.n. to address this issue and to pass with no opposition. that was the united states effort, and the world's effort to say enough is enough. so, clearly, again, i don't speak for the president, karoline leavitt does a great job doing that. but i think that it's obvious with what has been the most transparent administration already, again, is that this is going to happen, and president zelenskyy understands that. and i think that's good news for the world. stuart: president trump issued his, and i'm quoting now, last warning to hamas, issued this on truth social. he wants all hostages returned, and he says he'll give israel whatever it needs to, quote, finish the job. it sounds like our president is giving free rein to israel. is that the case? >> well, israel is one of our best allies.

israel has indicated that they have no greater friend that the the -- than the united states, and we also feel that way. it is time for us to return to the notion that our allies deserve support. and sometimes it deserves the kind of support israel is getting, making sure that they can defend themselves, that they have the ability to do that and also really this is not a surprise or an unusual situation. what hamas did was evil. this is an entity, as a secretary of state marco rubio's made clear, cannot continue to exist. there will be no resolution to the gaza saw situation as long as a hamas has any power or influence in that region or has a gun. nothing can move forward as long as hamas is remotely involved or even still exists. so for israel, this is how americans feel. we know when it comes to the majority who support israel, a democracy in the middle easts. so this is obvious. this is not new. the president has said multiple

times that all the hostages have got to be released. and one thing we know about this administration is that president trump needs to be taken seriously. he follows through on what he says. marco rubio, secretary rubio is a man who understands that vision and implements it through the state department. i, by the way, am going to have my first briefinged today for the state department at 2:00 where with i'm going -- i'm going to have the enormous if pleasure to be able to discuss the nature of what the state department is doing to help move forward president trump's vision and the nature of secretary rubio, what he's going to accomplish and what we've already accomplished and what the future's going to look like for us. it's very exciting. stuart: last question. are you having fun in your new official job? [laughter] >> you know what? look, it is, it is -- it was an enormous pleasure to be with fox for over 20 years, to know you, to get to know everyone there. but waking up every day knowing that there's a chance to make a difference in the quality of

people's lives here at home and and around the world because that translates to home as well, is thrilling. and the people, the civil servants, the foreign service officers, the political people, the politicians that are elected or appointed, it is a beautiful sight when it comes to knowing that we can make a difference moving forward here, and it's a pleasure to be a part of it. stuart: well, feel free to come back anytime you -- >> i want to. stuart: bang the table just like you usedded too. we miss it. >> thank you, sir. stuart: jason chaffetz, i want to talk about trump's warning to hamas. that that sounds serious. >> it's very serious. i think what was also very impactful personally for the president, if i can guess, is when those hostages that were literally in a tunnel last week were there suddenly in the oval office. when you see, meet and feel and hear the stories of people personally, that touches your heart. and i think donald trump has has

patience gone. and unleashed with benjamin netanyahu, those people are going to die if those don't release these hostages. that's their choice. stuart: jason, thanks very much. coming up, it's like the world turned upside down, isn't it? trump believes america has gotten a bad deal from rivals and and allies alike. he's making waves all over the world. he wants a better deal. that's my take, top of the hour. trump wants to create a new office of shipbuilding and revitalize that industry with tax incentives. jeff flock has that story. jeff's next. ♪ something about a boat. ♪ something about an old guitar. ♪ and the way it still sings after all the smoky bars ♪ it's backed by science it is clinically proven to strengthen our teeth. i would recommend this toothpaste to everybody. it's really an amazing product. (♪)

i don't play for money. my ambition is to play big—to help and inspire others. that's why i joined sofi. they help people earn more and save more, so they can realize their ambitions. sofi. get your money right. business. it's not a nine-to-five proposition. it's all day and into the night. it's all the things that keep this world turning. it's the go-tos that keep us going. the places we cheer. trust. hang out. and check in. they all choose the advanced network solutions and round the clock partnership from comcast business. powering more businesses than anyone. powering possibilities. dexcom g7 is one of the easiest ways to take better control of your diabetes. this small wearable... replaces fingersticks, lowers a1c, and it's covered by medicare. not managing your diabetes really affects your health for the future.

the older you get, the more complications you're gonna see. i knew i couldn't ignore my diabetes anymore because it was causing my eyesight to go bad. for my patients, getting on dexcom g7 is the biggest eye opener they've ever had. i couldn't believe how easy it was. this small wearable sends my glucose numbers right to my phone or my receiver. with just a glance i can see if i'm going high, low, or steady. so, i can make quick decisions in the moment. now, i'm a superstar. my a1c is 5.7. my a1c has never been lower. no other cgm system is more affordable for medicare patients than dexcom g7. don't wait! call now, and talk to a real person.

stuart: president trump wants to establish a shipbuilding office and introduce new tax incentives to revitalize the whole shipbuilding sector. jeff flock joining us now. the president is preparing an executive order on this, jeff? >> reporter: that's what we understand. "wall street journal" says it has seen, stuart, a copy of a draft executive order which includes 18 different actions to try and spur shipbuilding. one of those, tax incentives.

also maybe fees on china-built ships that come to u.s. ports. we're at the philly shipyard right now, this is something you don't see a lot of these days because there's not a lot of ships built in the u.s. and there's excitement here today because of what the president said in that speech, and here's a part of it. listen. >> we used to make so many ships. we don't make them anymore very much, but we're going to make them very fast very soon is. i it will have a huge impact. to further enhance our national security -- >> reporter: that is because, stuart, china is now the big shipbuilder. more than 50% of the ships built in the world last year were from china. 32 million gross tons. south korea's number two, the u.s. is number fifteen on the list, just a little bit ahead of iran. pretty crazy. you know, the unions are totally onboard with this, everything from the if united steel workers, the boiler makers' union, electric rickal workers,

machinists. they all sent a letter to president trump prior to the speech saying, and if i quote it now, we urge you to take responsive actions to impose tough penalties against vessels built according to the plans, policies and actions of the chinese communist party. and also to adopt complementary policies that rebuild america's shipbuilding capacity and work force. unions behind him and, you know what in the democrats are behind him too. i talked to chris delose owe, a pennsylvania congressman, former navy vet, he says he supports anything the president wants to build shipbuilding. >> american shipbuilding, we've got to do it. i think there's bipartisan interest in the congress in us making more ships. we know that requires action on getting work force trained and ready, some nees -- incentives for american companies. >> reporter: you know, not too many things that have bipartisan support these days, mr. varney, but i'm always pretty supportive of anything that gets everybody on the same page. stuart: jeff flock does it

again. thanks very much, jeff. see you later. jason chaffetz with me. would it be true to say that to make all the changes the president wants to make like abolishing if education department, he's got of to have legislation? and if he's got of to have legislation, he needs a tight-knit republican party that's absolutely unified. >> they've got to get their funding through the end of the fiscal year, through the end of september. they've got to get the reconciliation package, then they've got to start doing the individual pieces of legislation to authorize building of the ships and what not. by the way, when ronald reagan was president, we had over 600 naval ships, we now have less than 300. we're so far behind. stuart: we are, indeed. jason, thanks for being with us. >> thank you. stuart: still ahead head, alberta the premier danielle smith joins us, is she still a trump supportersome brian kilmeade on senator john fetterman saying protests by democrats make trump look more

presidential. and what the new york times calls the slow rate of deportations. 10:00 hour's next. what does a good investment opportunity look like? at t. rowe price we let curiosity light the way. .. about opportunities like ai. and how the industries born to support ai might better support us all. better questions. better outcomes.

♪ 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. oh actually, i have a question ... keep up, nick. do you have to be sick to take a sick day? patty in it is using ai agents to deal with the small stuff, so she can work on the big stuff. agents like secret agents? secret agents i control. with your mind? you know ... i played a secret agent once. - we know. - oh gosh ... i liked it. over here, ai gives tina the info she needs to get the job done. nick, what did we say about touching? no touching. good. ai helps jim solve customer problems before they're problems. for reals? for reals. for reals. servicenow is the only platform that connects every corner of your business, putting ai to work for people. oh, so we all work better, together! my work here is done. excuse me, which way back?

uh, follow him. i'm thinking of updating my kitchen... ...thinking of redoing our kitchen. ...we are finally updating our kitchen. for all those people who never seem to get around to it... —...a breakfast nook. —chase has financial guidance. let's see how you can start saving... —really? —really? at home or in-person. that's guidance from chase. your shipping manager left to "find themself." leaving you lost. you need to hire. i need indeed. indeed you do. sponsored jobs on indeed are two and a half times faster to first hire. visit indeed.com/hire