mayor pete speaking to a cold out crowd in an iconic gay bar before a high dollar fund-rai r fund-raiser. >> yes, west hollywood we know that you're not free as the county clerk gets to tell you who you ought to marry because we know that love is love and freedom is on the line. good day. president trump spent the morning in the twitter frenzy. flailing through a series of rapid fire tweets and retweets in an attempt to put the best spin on the white house's failure to reach a trade deal with china. the president following through to raise tariffs on $200 billion in good from 10% up to 25%. talking today continuing between u.s. trade representatives and chinese negotiators but

president trump statement says there's absolutely no need to rush the tempering expectations on wall street. the market is trending in positive territory before the president's tweet storm have been in the red through the morning. right now down nearly 300 points. bouncing up and down. dominic, to you first. what is the reaction so far and what is the possibility this will result in an agreement? >> all right. what we have right now is market that is off lows in the day. treasury secretary says the talks with chinese vice premier is done for the day. it's a friday. it concludes the second day of talks. the issue is whether or not

anything was really constructive. that's how the treasury secretary is characterizing these particular talks with vice premier from china. the markets right now are indicating a move lower in part because of the negative impact of a lack of a deal. i would say this, many of the trader and investors e ssay the wasn't any real massive optimism for over arching trade deals for the two sides. tlag the kef-- that's the curree of play. we see what the focal points will be. we're seeing it in industrial companies and high-technology companies here in the u.s. >> thanks. kristen welker, there's a political element here. a big political element where the president in this case has

democratic support for being tough with china. this is a bipartisan issue. at the same time there's a consumer impact on farmers and a lot of people in the president's base where people will be paying higher prices. >> reporter: the impact would be widespread. before i get to that, let me bring you up to date on something that happened here at the white house. stephen mnuchin, the treasury secretary walked into the west wing. i asked if they would be meeting with the president. no response yet to what specifically they are doing here or who they are meeting with but clearly this is a day of fast paced negotiations. that is the scene here at the white house as we try to drill down on the next steps. to your broader point, if these tariffs were to not only go into

effect but to last for a long period of time, they would have an impact on trump country. there's no doubt about that. farmers, manufacturers, but also a lot of consumers all across the country. it would impact a lot of different items. everything from cars to washing machines to sneakers on down. big ticket items, small ticket items and again, trump country would be hit hard. president trump has tried to argue in a series of tweets today and through his statements yesterday that tariffs help the economy but broadly economists have rejected that idea. >> tariffs basically are taxes. taxes on our own consumers. what happens when china now retaliates. what are the options there for china in this growing battle? >> well, the chinese said oversight that they would take

unspecified counter measures. there's a variety of things they could do. it's worth noting that the chinese have already imposed retaliatory tariffs on almost everything the united states exports to china. china has limited options in terms of what it can really do. i think that accounts in part for why the response from china overnight was muted. the trade war has taken a bite more out of the chinese economy than the american economy. he can't afford to look weak. as much as it's day of high drama in washington, it's perhaps a day of higher drama in china.

xi jingping faces a decision of how hard he wants to go against this american president. >> there was supposed to be a meeting and the chinese backed off after they saw the way the president behaved at the summit. that was a signal that this president could be expected to walk away from an agreement and they did not want the chinese president to come all the way to fl n aorida a be humiliated. >> which he would have been had he come here and trump walked away. we seeing classic trump brinksmanship. he'll create a lot of drama and then back down or take the less dangerous path when the deadline

hits. >> you're seeing a president beleaguered on a lot of fronts. the iran policy, dangerous escalation. china trade is in what he thinks is his wheel house now. he doesn't seem to understand what a trade deficit is and what with trade war can mean fwlabec there are no winners in a trade war. >> when you look at what he has control over, domestic policy isn't going anywhere. >> the new nafta.

>> china is one area he can try to accomplish something. when you look at what are the deals he's gotten done, he doesn't have an enormous amount to ride on right now. you can say the tax bill. which some people said was done in spite of him. this has hurt the chinese economy betut the economists sa the real risk is something we'll see in late summer, fall 2020 if this war continues. it takes a while to trickle through the economy high pressure there-- there's a lot take for u.s. economy. >> unemployment is at record lows going back to 1969. inflation has not picked up surprising most conventional wisdom. does he have an argument to make that this is a good time to take

out china this which has been cheating and stealing our pa tent and getting away with all kinds of infringements on us for years. >> nobody really knows what goes on inside president trump's mind. what you can think about is this idea, like your mentioned, the employment situation in the u.s. right now is pretty darn good. it's not great. it's good. the committeconomy is moving in right direction. this may give president trump the feeling like he can go out there and wage this battle because the markets have given him a record high. the committeconomy has given hi

best job situation in a long time. if he's to tell his base the reason why the short term pain is there is it will set up for longer term success for the u.s. committ economy down the line then that is something he will make the case for. there will be as many short term pain with this kind of a tariff situation. the issue is whether or not that short term pain lasts and goes into and translates into longer term gain for the u.s. >> as kristen was just mentioning, the trade negotiators on the american side just went into the west wing. presumably they will be going to the oval office. the president doesn't have anything on his official schedule.

you wrote a great piece about the president's foreign policy. we heard from the president saying i'll talk to tehran. arguing he hears other voices. not just the hawks. he has doves although i can't imagine who they are in his current cabinet and chief of staff. what about his war of words going toward iran? is there an argument he's potentially miscalculating? >> there's this history where he talks a tough game. he talks it not just on trade but geo politics. for example, before the singapore summit he was using

belligerent language toward north korea. i think his belief is he can bully people to coming to the table but then open up the prospect for some kind of grand bargain. he thought he was on the road to doing that with north korea and there's been a revar sersarever. he seems to be holding out the possibility of that kind of a opening with iran as well. the tension in the administration is between the president and his belief and confidence in his own skills as a deal maker and this very hawkish group of advisers led by john bolton. they believe in regime change. you have this tension between the national security group he has around himself and the

president's own residual confidence in himself as someone who can breakthrough, can make a deal. i think we're seeing all of that on sort of very messy display this week. not just with china and the trade war but with north korea and the latest missile launch and with the tensions with iran. it's very hard to predict how it all plays out because ultimately the wild card is the man sitting in the oval office. >> indeed. you can't manage what the person in pyongyang are thinking. we have video of him watching these launches. they were fired off contactually as the u.s. negotiator was arriving in south korea. the south koreas have a lot invested in this relationship. they are nervous. they are trying to down play it. president trump is trying to down play it. basically kim jong-un is saying

look at me. i'm developing my missiles. >> it shows complete failure of trump's efforts to try to build a relationship with kim jong-un. we're almost at the one year mark of the the singapore summit where they met and trump spoke about how they had fallen in love. they have this mutual respect for one another. took it so far to suggest me might win the nobel peace prize for coming to the table with kim jong- jong-un. now they are starting the missile launches again. we're back to square one. it's a real illustration of the limits of that personal relationship they were trying to build. >> the art of the deal. thank you so much. coming up, laugh in. the attorney general joking about being held in contempt by the house judiciary committee. you're watching andrea mitchell reports on msnbc. g andrea mitch reports on msnbc for my family. in only 8 weeks with mavyret, i was cured and left those doubts behind.

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in those days the deputy job was a lot different. i'll tell you now the attorney general job a lot different also. this must be a record of attorney general being proposes for contempt within 100 days of taking office. >> laughing matter, i guess. bill barr joking about the contempt of congress joke at a retirement ceremony for rod rosenstein. for democrats it's no joke.

joining me joyce vance and kmat miller. the con tell ll mtempt citation long time. you lived through the eric holder fast and furious which was furious but not very fast. >> not fast. it was settled last month. six, seven years after the citation was brought. i think that's the challenge for the democrats. the trump administration is resisting oversight on the family separation policy, on the fact that it won't defend the affordable care act in court. it's going to make democrats in congress, if they want to have any accountability at all to hold multiple officials in co contempt and take them to court.

>> there's also the tax returns for ways and means being denied by steve mnuchin without any grounds that are legally defensible. he's saying there's no legislative purpose for this. under the law, that 1924 law, it's not up to him. the irs commissioner is supposed to just turn the taxes over. obviously, it could be challenged. also don mcgahn no longer an employee but executive privilege being asserted. this does seem like a stall tactic which could go well beyond the 2020 campaign. >> i think that's right. matt is correct when he says that the hope here is that the courts will move fast.

there's a process that lawyers can use asking the court to expedite the case. we have seen one judge involving subpoenas of trump financial records. we see the judge set a tight time line. i would expect the judiciary will see through the trump tactics like they see through other litigants who try to use delay as a tactic and try to hold administration's feet to fire so congress can engage in the oversight it's entitled and obligated to do under the constitution. >> let me ask you about the president's personal attorney, a former politician and candidate for president going to ukraine and bragging to the new york times that he's going to dig up dirt on the bidens and also on the beginnings of the mueller report, hillary clinton and saying we're not meddling in the election. we're meddling in an investigation which we have a right to do. there's nothing illegal about it.

matt miller, he's going after joe biden and what he may have done as point person as vice president. no proof there's any conflict of interest from what joe biden did. the fact the president's personal lawyer saying he's doing opo research with the newly elected leader who hasn't taken office yet to try to peddle influence with this government. >> it's a gross abuse of power by the president. there's a number of things this president, this administration can do to help ukraine or hurt it. the government will receive rudy giuliani and know what's at stake. they will know he's for the president of the united states. this allege is based on a lie. when joe biden pressured the government to fire the

prosecutor, he was acting on behalf of barack obama. it was the policy of the u.s. government, the eu, the world bank to get rid of this prosecutor because he was corrupt. he pressured him a full year after the investigation had been shelved. it did it after the u.s. government pressured ukraine to cooperate with a british investigation. you have the u.s. government pressuring them to dig up dirt and smear the president's political opponents. it's not just the president pressuring a foreign but his own justice department. you saw william barr not answer questions about that. we'll see this against joe biden and any over democratic nominee. >> you craukraine is under huge pressure. elizabeth warren was just asked about this in west virginia

today. >> i think it's highly unethical for the president's personal lawyer to go meet with officials from a foreign government to see if they can influence somehow the upcoming presidential election. we've had enough of that. rudy giuliani should just back off. >> joyce vance, no democratic contender rival of joe biden has taken up on this allegation that rudy giuliani is peddling. >> there's no basis for this allegation. i think the way rudy giuliani is handling this underlines that. if there was anything here, predication for investigating a major american political figure for corruption, you can be certain the fbi would be on that. there would be an office domestically being handled by a u.s. attorney's office. here we have rudy giuliani who

instead of perhaps if you didn't ploo believe that the fbi can read the newspapers but perhaps legitimately sending information to the fbi, but rudy giuliani and trump have so little confidence in the quality of the allegations that they are making that they are taking it to a foreign government that they believe they can pressure instead of our domestic law enforcement. >> fair point. thanks to both. coming up, paying the price. how president trump's trade war with china could affect your bottom line. stay with us right here. bottom line. ay with us right here. you know that look? that life of the party look. walk it off look. one more mile look. reply all look. own your look with fewer lines. there's only one botox® cosmetic. it's the only one fda approved to temporarily make frown lines, crow's feet and forehead lines look better. the effects of botox® cosmetic

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see what you might save at cvs pharmacy. just frustrating because you just know that most politicians are familiar with what it's like to live every day in the middle class. >> you have to juggle what you can afford and what you can't. a lot of people can't do that. >> as the president is raising the stakes in a trade war with china, his new tariffs will hit u.s. consumers in the pocketbooks.

great to see you. thank you. your district in michigan, the heart of the auto industry is the rust belt. how will your voters react. we go with that between the discussion of tariffs and say that nafta, which is the north american free trade agreement, that are my community is very concerned about what the president has been doing. the increase prices. the media has only been portraying what the increase of cost will be with consumer goods the last couple of days if not the last 24 hours. i think a lot of people have been worried about their jobs. they have been worried about the jobs shipped overseas and now they are beginning to look at what's going to happen in terms of increased consumer goods.

i think there's almost a schizophrenia about how you protect jobs in the united states and at the same time have a level playing field for workers and not have people pay another $100. >> the president has some democratic support. >> i have steel plant that is finally coming down that's been empty on the rivers of my district for 25 years. those steel worksers don't have the pensions that they earn. we don't have a level playing field in this country.

the mexican worker is also being hurt. it's a complicated issue. we need to do something about trade policy because it's been hurting the american worker. >> let me also ask you about a big issue which is anita hill, sexual violence against women's act. she has a column in the new york times. it touches on something that you talked about. not just in the clarence thomas hearing but the whole question of sexual violence. she says it's a national crisis that requires a national solution. this calls for all leaders to step up and say the heeling must begin now. i will take up that challenge. he does point out in the op-ed

she believes that if he had led a different kind of hearing back in 1991, it might have had a ripple effect and perhaps we would be catching up a lot faster. you spoke about this about the re-authorization of the violence against women's act in news conference back in april. >> i'll tell you again, i think it's a much more complicated issue. we're in a fwububble when it co to washington, d.c., hollywood and the media. it won't be real until it's real for the factory worker in a law firm for teachers and too many places saying something carries a detriment to it. she's right. it's much broader.

everybody thinks we're making such great strides but it's not real for working women across this country. if you say something, there's still a cstigma attached to it. at the workplace, you're a problem maker. if i'm trying to help and mentor young women, i have to navigate it so they're not hurt. i had a union member tell me she was raped on the factory floor but swore me to secrecy because of the consequences she would pay. it's how do we work together so we can change the climate that we're in so every one is in a safe workplace. >> thank you for leading by example. you've been a great mentor to a lot of people. thank you very much. coming up, voice on the voters. what are iowa voters talking? tracking what's on people's mind

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support private school students. >> the des moines register took a look at every single question that democratic conditioneandid been asked. most focused on health care, climate change and education amid the nearly 50 topic areas candidates tackled on the campaign trail. welcome all. charlie, you're the closest to iowa of all of us right now since we're sitting here in washington. tell us how that tracks with what voters in wisconsin and other critical states are telling the candidates and telling you? >> well, it's a good reminder that twitter is not real life

and what people in washington talk about may be very disconnected to what people in the country talk about. i'm going to be very interested to see how this new trade war plays out in rural states like wisconsin and iowa and how people react to this. i'm not sure that this is really penetrating. in wisconsin, i know you want to talk about iowa but in wisconsin we have had 1200 dairy farms that have stopped milking cows. more than 20 0 dairy farms disappeared all together. the number of bankruptcies have spiked. now the president has taken a step that will make all of that worse. the president seems to think that the chinese pay the tariffs. reality is people in iowa, wisconsin will pay those tariffs. they are massive tax increases. i think we'll start to hear voters talk about that because

they're going to experience this sticker shock in realtime over the next several months. >> what charlie is talking about, i was interviewing some apple growers last spring who were complaining about the new nafta negotiations because of the way they were being affected. they have cross border trade with not only canada but mexico. >> i think charlie is right and in iowa in particular, a very rural farming state. we started to hear the concerns about what's going on with president trump and tariffs. no question about it. that was a really good assignment that the des moines register had to listen to the voters as opposed to listen to the politicians. it tracks what i've heard out in field. the main thing that we would all agree is that what voters want to know is how will you beat trump. that's the number one question. it doesn't come down to a

specific issue. every voter seems to be shopping at this point. we have 21 candidates. a lot of democrats are going to events. they are listening and asking questions. they are not settling on a candidate yet. they want to be convinced that particular candidate can beat the president. until and unless they hear that, they won't care quite as much about going granular on the issues. >> there's a quote from one of the candidates in iowa. i guess he was defeated by steve king in that district. he said we're becoming the wholes food party when we need to figure out how to win in dollar general districts like mine. that's also what you're seeing. >> i think that's right. what we're seeing are kitchen and table issues that hit them in the pocketbooks or make them concerned about their kids future. i think the thing that ties a lot of the issues together is

the chaos the trump administration has caused. they feel unsettled about whether they have health care or whether a pre-existing condition might bump them off. they are concerned about the future their children will have given the challenges that environment changes. they hear unsettled about the president starting a trade war without having an understanding of what the long term strategy is. i think this follows a series of events that the president has done in foreign policy that we pull out today saying a vast majority of americans are disturbed by the president's foreign policy. he's done a series of one offs without con ttextualizing those actions. >> charlie, mayor pete was in hollywood. how does that help him translate into kitchen table issues where

he is already coming from south bend, indiana. he's got to sell himself around the country. is that a good place to be doing fund raising? >> well, you go where the money is. what's interesting to me is mayor pete has really drawn so much attention but he's taken a lot of the oxygen out of the beto campaign. i find him to be the most interesting candidate. i agree with what beth had to say. i think right now we're moving to faphase where democratic vots will ask serious questions about experience, electability. is mayor pete going to be the flavor of the month. this lead that joe biden has right now is rather extraordinary and really unexpected when you think about

all of the attention that some of the other candidates have gotten that the primary voters do seem to be settling into this question, we may fall in love with this candidate or that candidate, but we really want to know who can beat donald trump. >> to wrap it up, beth, you know new hampshire better than any one. a poll has joe biden at 36% over bernie sanders from next door, elizabeth warren down at 8%. she's got a time magazine cover. that is interesting in a time when the women are not getting as much attention as the males. >> they aren't. time isn't quite the same platform as it used to be but it's still not bad. the fact that bernie is that far back from biden even though it's early is noteworthy. >> thank you so much. great to see you. coming up, gor rillas in th midst.

efforts to save gorillas from extinction are paying off. ave g extinction are paying off. ♪ ♪ ♪ ♪

scientists across the world

are sounding the alarm of a new 1500 page report detailing the risk of extinction to more than one million plant and animal species. harry rwanda where he found a success story, natural gorillas in their natural habit and the visitors who are funding their futures. >> reporter: we are trekking towards rwanda's national park, home to one of the planet's biggest primates, the mountain gorilla. our guide is the wharton of the park. >> if a gorilla comes like us, we make vocalizations. >> reporter: this is not a theme park. you don't walk through a gate and enjoy the attraction. there will be no barrier between us and the great apes.

we are in rwanda during rainy season and what can only be described as a trail is all be impassable. >> i have create add new way. you have to be able to adapt to your environment. >> and i like the way you are doing it. >> reporter: for two hours, we slog through the often foot-deep mud. and then, gorillas. oh, my god. it is everything we anticipated and more. >> see. he's the grandfather who doesn't want to be left behind. >> the feeling to be so close. >> reporter: to be honest, this would have more than satisfied by curiosity, but our trackers insisted there was much more worth seeing nearby. a one-year-old with his mother.

we are mesmerized, charmed and amazed. >> let's move away. >> reporter: behind them, the alpha male enjoying an afternoon slummer, until he decided it was time to wake up. many of africa's gorillas have become accustomed to human visitors, visitors who pay a hefty premium to go on treks like this. that mountain has poured into conservation efforts and africa's gorillas have made a remarkable come back. >> we provide health to these animals. >> this doctor is the head veterinarian with gorilla doctors of rwanda. >> have you been able to

increase the gorilla population. >> yes. by more than 50%. >> they've gone from critically engaged to just endangered. >> efforts are under way to expand the size of the national park to accommodate the growing gorilla population. how important is it for you to become community partners here? >> it's very important. that is the crux of conservation in africa. if the local community is not well disposed towards the park, then it ultimately fails. >> reporter: rwanda is finding that balance and we and the gorillas are the beneficiaries. >> and harry smith joins me now. that is on my bucket list. but what's so extraordinary is the local effort.

this is a success story where we have extinction and mayhem around the globe. >> they have done a remarkable job. right across the border is congo which is a very unstable place, politically, and this species of gorilla there is on the endangered list because they can't do the conservation efforts like rwanda. >> speaking of congo, there's a photo from there that went viral last month. two gorillas posing for a selfie. >> folks who -- if you've been on a safari or seen films of safari, people are usually in a van. animals get accustomed to the fact that humans are around. these gorillas have been -- we

don't stay for very long. they get to live their wildlife, but they get to be seen by people like me and people in rwanda for instance. it costs a lot of money. some of that money is going to buy up more acreage. a couple of decades ago, rwanda shrank its national parks and now they realize for these animals to actually live the existence they need to live, they need to expand the space because like one of the real issues in the report you talked about is shrinking habitat. even though in order for these animals to thrive, they need to have more habitat. >> and the local communities who are living there have to learn how to respect that. >> it's very interesting. there we saw actual harmony. what they've done is they've

used -- they brought locals into some of these resort areas and they buy up some of this property. these people go from farmers to opening a shop or going to a trade or going to some other way of life that fits in better with the area. this was an amazing trip. and, yes, you should go. but the trek is not easy. >> well, i will train for it. thank you very much, harry. amazing. and coming up, more on the wild day on wall street after president trump's china tariff hike. stocks are down more than a hundred points. stay with us. h us

and thank for being with us. happy mother's day to everyone. happy mother's day to stephanie ruhle from "velshi & ruhle." >> thank you so much. i appreciate it. hello, everyone. i'm stephanie ruhle. my partner ali velshi is on assignment. it is friday, may 10th, let's get smarter. >> the u.s. raises tariffs on chinese imports as trade negotiations are slated to continue. >> we're talking about goods like furniture, auto parts, router equipment, stuff that the consumer could pay higher prices for. >> that could affect some 6,000 items, everything from soap to