visit,itation was for a and the president said he would look at the dates and work with them to see when a visit might occur. >> {indiscernible] those exact way stations are the matter of negotiations itself, but directionally, the objective is to increase our exports to china and to reduce the trade deficit we have with them. would you said there is a recognition by the chinese, and acknowledgment of the trade issue that needs to be more balanced? what did they say exactly? it seems like it was off message for them. sec. mnuchin: i don't think it was off message at all. similar economic interests, and there are areas they clearly want to work with us, and a secretary ross said, the objective is for us to increase our exports to them. it is a very big market, and there will be more opportunities for both exports as well as investments. -- sec. ross: what i was going to say is simply that it was a very wide range of products that we discussed, not a particularly limited one, and the most interesting thing to me was they expressed an interest in reducing their net trade balance because of

group says itate was behind today's rocket launch from the egypt sinai peninsula, which crashed into the jewish settlement, causing no caps off these or major damage. radio authorities had already closed the border crossing point into egypt earlier in the day. the closure comes ahead of the start of the weeklong jewish passover holiday. u.s. secretary of state rex tillerson has been joined by the foreign ministers from the other group of seven industrialized nations free meeting in the italian city of lucca. most notably last week's chemical attack, which claimed the lives of at least 80 people, for which the united states has blamed the assad regime and responded by firing 59 cruise missiles. those taking part in russia to end its support for bashar al-assad and help mount a new push for peace. u.s. secretary of state tillerson is heading to moscow tomorrow. here is what he had to say. >> i will be part of discussions when i visit moscow to call upon foreign minister lavrov and the russian government to fulfill the obligation to me to the iternational community when agreed to be the

and we want them to be more on tv and have people like this itat man to show people that just matterso all of us. black guy, and a watch you guys. i want people to understand that we feel that. people -- young black people that have good jobs, we want to matter, too.l they just don't understand that. i am glad he is on here. thank you, sir. i appreciate all you are doing. love you guys. host: professor, joseph, you talk about the comparison to the black panther movement to blm. talk a little bit about that. guest: yeah, i just want to touch on his comment first. i think he is exactly right. blm is about citizenship and claims ofand citizenship that african-americans are making during the 21st century, especially those marginalized even within the black community, so black women, black lgbtq, poor people, people with mentally challenges, those who are not physically able. so it is important to connect it to citizenship and democracy. and what dr. king called those great wells of democracy dug deep by the founding fathers and 1963 and his letters. and the blackm panthers, the comparison

it showed the president that trying to work with senate -- itats wasn't really was somewhat of a futile task. we will vote it down. that is probably the biggest lesson. got the that they've right individual. if someone eminently qualified. >> let me turn your attention to tax reform bill quick. -- real quick. [indiscernible] as the president gone back to the drawing board when it relates to taxes? is that accurate? sec. spicer: no. >> is that the backbone? sec. spicer: that is the backbone. but what you see is us going to this process. everyone from secretary mintage mnuchin, inetary man the process of meeting with groups that have been advocating. industry groups, individuals, members of congress. getting their input. this would be a major undertaking. we want to make sure they listen and have their ideas move forward. this is the beginning phase of that process. >> they said on friday that there would be this august deadline. they suggested august may not be the deadline. is this timeline getting pushed. obviously, it would be great to have this before august recess but you want to ma

ready, itat came out was part of the reforms that happened in 2015.here are more programs in the pipeline similar to that on a strategy level. it is going to take care of some .arts of the economy >> a painful price being paid them a economic growth. chart, doeson a your gdp growth. for reference you can see the , 1.19 four the fourth quarter. when his recovery going to kick in? difficult to pinpoint. reformsyou expect and to really start supporting more rather thanivity pulling wind out of the sails? >> anybody is hoping the recovery will chart very soon. it does not seem to be starting at that point. from this point on, the numbers are going to get even worse especially this year. progress untilhe the end of the year, we will opportunities that the transformation is creating. through all the things the country is gone through, all different industries, we will see some emerging including the housing. the regulation is mostly set. project, the second thing that will come out of this transition. everything else in terms of policy, regulation is going

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so jared's in baghdad at the i object have itation of the joint chiefs. there's nothing too sensitive for jared to be involved in, let alone to be refund in this new administration. he is leading u.s. preparation for the china meeting. he was at the table for the decision for launching the yemen raid that killed a u.s. navy seal. at a scary time in terms of north korea's nuclear capabilities, he's at the head. he will have to make time in his incredibly busy schedule to testify to the senate intelligence committee about why, during the presidential transition, he met with the fsb-trained official who vladimir putin% hand stloektd lead a russian state bank that the currently sanctioned by the u.s. government and that harbored a russian spy netwo in this country that among other things crude a trump foreign policy advisor as a russian intelligence asset just a few years ago. amid all the worry and focus and scandal and investigations about the russian attack on our election last year and contact between trump campaign and russian firms, amid all that, he to

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in many ways as part of his trend.rt right wing populism see itation everywhere you don't sit in latin america much they're all trying to integrate into the liberal trash order for mexico, brazil, argentina, optimism is on the decline whether indonesia, japan, ac thinking. , they're trying to integrate into the order. you see this is europe and the united states. you see it countries in europe doing very well but it can't just be about economics germany's powering ahead. just about any quality northern europe has not had much of arise in any quality for example the dutch has not had much of arise and how you measure any quality in about 20 use. sweden is going robustly. all these places do have that is caused enormous amount of anxiety. that's true and there are legitimate concerns. past wh the international order stillte continue to grow. you can find ways to deal with immigration and in fact we are in the one western country is going through a great rights of right wing populism, canada. that is in large measure because canada has managed immigration well. this is something endemic t

created, showing the dollar -- one could argue perhaps is a leading indicator of the deflation of that itations been down this year even a s now, stocks and rates have started to go sideways. do you think that's where the future direction is as well? do you think the reflation thatt has been down this year even a s now trade is not all it was cracked up to be? >> there's two parts of the reflation trade. one was a significant turnaround in the global economic growth outlook. that happened after the first quarter of 2016. that is very much still in place. as a result, i think the likelihood that rates go back to 140, 150 in the current economic environment is small, and significant depreciation is not under the cards. on the other hand, what we are also expecting was significant policy innovation from the trump administration. and that is not really forthcoming. withver thought we had respect to rate move and dollar move in that regard, we are giving it back. abigail: sticking with this reflation trade theme, yesterday we had the 10 year yield break a key critical technical level minerscording

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because itat #7801 paints the picture clearly.se trade surplus, the white line as a percent of gdp, 1.75, japan three point 8%, china surplus is more than 8% of its gdp, so what does the foreign exchange reports say about germany? let's have a look at that. they were singled out in terms of recognizing that you have a global responsibility come a germany, the largest economy, youhave to realize that have to reduce your surplus and used fiscal policy to boost consumer demand, so your people buy more imports from overseas, and this would also put upward pressure on the euro and help exchange rates, helping to balance these trade deficits, trade surpluses when they get out of whack, and that something that has to happen. , u.s., japan, south korea says minimize your intervention to weaken your currency and try to be more transparent about what you're doing and why. in the end, an important statement from the treasury expressing the administration's view that the u.s. will not air the burden of the unfair trading system. i think the i

his business, although we think of itate it as this valling empire it was handful of executives 0 in trump tower and never had more than six or seven people around him and this is an entirely new experience for him. >> i just want to make a point that donald trump is very typical of the people who elected them. part of the reasons experts have been pulling back from the public space is because they're finding it impossible to reason with people who believe things that are flatly wrong to say, example let's talk about eee electoral. people ask about what are you going to do about the people voting ill leally. that didn't happen. they said, shut up. gravity exists, the sky i blue -- >> speak offing volt-under fraud -- >> well, the argue. -- and they don't want those answers. i don't think the president is interested in a dialogue about the answers. the people who you argue with bet questions north interested in the answers and as a result the experts have stepped back and said, okay, then we don't have to have this argument anymore. just talked to each other. >> i want everyone who is