let's ask john bussey, editor for "the wall street journal." we know of the white house has been concerned for a long time about chinese steel being dumped dumped on the u.s. and so forth, but the big steel exporters to the united states or countries like canada, mexico, brazil, even south korea. what's going on here? >> it's not just china, it is south korea but i think the president will be looking at. this law dates back decades, and it allows a president to go to the commerce department and say, for national security reasons, we need to apply sanctions on this or that product coming into the united states. it is threatening our national security and one way or the other. still, you could argue, it's over produced in, as it has been and it drives down prices, which is what has been happening. you run steel companies out of business and the united states, where they are to be an emergency down the road, with the u.s. have the capacity to build steel? that's the president's objective here, it's very interesting. he's getting tough on trade aga

john bussey is here from the "wall street journal." when does this come together and mean?'s interesting. you feel this ratcheting up, inviting the 100 senators to the white house to get briefed on the situation in north korea. two phone calls with xi jinping with china the last two weeks. phone call with abe in japan. both gentlemen discussing north korea again. so you can -- the vinson aircraft carrier group going up to do drills around north korea. you can feel the message being send. what is a that? one, to north korea, restrain yourself on the nuclear testing front. also in part message to china that we're taking it more seriously and we are expecting at some point some meaningful intervention on the part of china. not just talk. signalling also to our allies abe in japan, nervous about the capability of north korea. the south koreans, very nervous about the capability as well. so all of that is happening. >> shepard: well, the chinese can do specific things immediately and change the court of human events but show no propensity to do so. >> that's right, this is somet

bring in john bussey with the "wall street journal."e don't have trade terms with china. >> what does this mean? if there's going to be new trade relations that are tougher on china, maybe not as tough if you help us with north korea. it's all in very general terms. our interview with him was interesting. he said, look, you know, china could easily solve this. china is on the board. they trade with them, buy their coal and ship food to north korea. you can stop it all the you wanted to and have a refugee crisis right on your border. then president trump said look, after ten minutes of speaking with president xi, i realized it's a more complicated issue. >> like healthcare. >> it's interesting from a 180 standpoint, but also our reporters in the room took this as signalling to china, i'm willing to bargain with you. i understand the complexity of the issue. i understand your position. we're willing to cut a deal on trade if you help with north korea. what can china do? how much can they stop a nuclear program that for north korea is esse

. >> shepard: john bussey. >> and president trump warns if north korea's ally, china, doesn't stop north korea, the united states is ready to act alone. so what does that mean? what are the implications? that's coming up from the fox news deck on a monday afternoon. nice to have you with us. a 401(k) is the most sound way to go. let's talk asset allocation. -sure. you seem knowledgeable, professional. would you trust me as your financial advisor? -i would. -i would indeed. well, let's be clear, here. i'm actually a deejay. ♪ [ laughing ] no way! i have no financial experience at all. that really is you? if they're not a cfp pro, you just don't know. find a certified financial planner professional who's thoroughly vetted at letsmakeaplan.org. cfp. work with the highest standard. on a perfect car, then smash it into a tree. your insurance company raises your rates. maybe you should've done more research on them. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. and if you do have an accident, our claims centers are available to assist