unfortunately equal pay day for a chinese woman in an apple foxconn factory is sometime in two thousand and twenty seven so. don't shoot the messenger all right. if i were them if i were the people building each i phone i would just leave and show the size. he exploded so dumb americans could spread amongst trying to find the smell. but luckily for us foxconn has just announced they're opening their first u.s. plant in wisconsin made in america i was actually means something again rumor has it even the anti-suicide nets around the buildings will be made right here in america. yeah don't have to but the reinforced of a little because of the size of our workers but. now we will tear right through you dig a little suicide yet they don't do nothing to us. so. the name of the name foxconn doesn't really inspire confidence does it it's a combination of outfoxing you and conning you. i honestly i prefer their competitor scam ha ha ha ha ha. i just like their products better. i think what fox conn's american rival really means is that rather than building up worker rights in other countries we

apple supplier foxconn, they make the iphones. they just unveiled its new plan to build that $10 billion factory in wisconsin. they're going to produce those lcd panels there. potentially 30,000 jobs in total, including the ones at the factory and also the knock on jobs. and look at these. states like pennsylvania want in on the action too. however, remember when president obama said donald trump will not bring back manufacturing jobs? let's take a listen. >> he's going to bring all of these jobs back. well, how exactly is he going to do that? what are you going to do? there's no answer to it. he just says i'm going to negotiate a better deal. well, how -- what -- how exactly are you going to negotiate that? what magic wand do you have? . liz: let's take it to the power panel wealth manager jason rot man. good to have you guys. first, your quick reaction on apple's earnings. it looks like they've now got a new cash file of more than 261 billion bucks. it could add 51 points to the dow tomorrow morning. what do you think? first to

a lot to watch in retail >>> apple foxconn with another big bet on america the company will open a multilion dollar facility in michigan focused on autonomous vehicles no details in the investment amount were provided news comes two weeks after they announced they'll open a $10 million manufacturing plant in wisconsin. noting both michigan and wisconsin flipped for president trump in the 2016 election i remember those surprises election night. >>> auto news, general motors recalling 800,000 pickup trucks for steering defect. the problem can cause drivers to lose control of the vehicle. it effects silverado and sierra pickup cars. >>> workers at a plant in mississippi have overwhelmingly rejected a bid to unionize the move is a blow to the united auto workers union which has never been able to fully organize in the south. part of the country that's traditionally anti-union bargaining power when automakers lose market share and close plants nissan shares were higher in overseas trading. >>> let's have a check through the market picture act equity futures point higher to 0.2% for the dow 0.

things like the homepod and other new developments, one has to wonder what that can mean for apple suppliers. foxconntrump said it may boost its investment in wisconsin to $30 billion, up 1.2% on the taiex today. rishaad: we are looking at the effect of the world's most valuable company as well. reasons why it's boss tim cook is happy. let's get to paul allen. thanks. apple shares hit a record high in after-hours trade after the fears the calledmed new iphone would be delayed. seen at $49 billion to $52 billion through september, and the new phone is scheduled to appear. it had been concerned it would be delayed until october. u.s. auto sales falling, a drag on the economy. gm deliveries plunge 15% last month. ford reported its biggest sales declined since october. fiat chrysler saw it second worst skid for the year. projections still saw fewer sales, while toyota was the only company with the sales gain. honda's first-quarter earnings beat estimate with net income rising more than 18% to $1.8 billion, the full-year operating profit forecast was raised to $6.6 billion, but analysts were looking for $

let foxconn, they make the iphones as you know for apple. so many countries are building now in our country. including the auto companies,

this after apple's supplier, foxconn, recently announced they're building a factory in wisconsin.here is foxconn could build another plant there too. and since president trump was elected, nine companies have promised to add jobs in the u.s. including amazon hiring 20,000 one day. and now this, the u.s. is also set to deliver coal to ukraine for the first time. that could cut its reliance on russia for energy. watch this number though. since january 1.07 million jobs have been added. take a listen to a sound bite about the ukraine deal. >> when you made comments like we're going to put a lot of coal miners out of jobs, these are the kind of people that you're affecting. this is my family. my hope is in god. that's my future. i just want to know how you can say you're going to put a lot of coal miners out of jobs and then come in here and tell us how you're going to be our friend. elizabeth: let's bring in bill copley, the west virginia coal miner who famously confronted hillary clinton during the 2016 campaign after hillary clinton said, you know what? we're going to put coal mine

last week, foxconn, then it the apple iphones, the desktops -- they are the biggest in the world. they are coming into wisconsin with an unbelievable plan like we have never seen before, and i actually said to tim cook of apple, i said you know, tim, i won't consider myself successful as president unless i see you building those beautiful plants you have all over china -- you start building them in the united states, and he is going to start doing that. >> you are critical in the intelligence in the run-up to the iraq war --should we trust intelligence on north korea? mr. trump: well, it is different intelligence. i have mike pompeo. i have great confidence in him. that does not mean i have confidence in his predecessor, which i didn't, actually. although he did say good things about me. he did say he had no information or know anything on collusion, so i shouldn't, maybe, say that, but i should say i have tremendous confidence in mike pompeo. dan coats, fantastic. i think your new head of the fbi -- i think i have done a great service for this country. i think christopher will do

. >>> and other big news apple supplier foxconn making another big dent on america. south china morning post says they'll open a multi million facility in michigan focused on autonomous vehicles. no details on the investment or amount news comes less than a week after foxconn announced they would open a $10 million plant in wisconsin worth noting michigan and wisconsin flipped for trump in 2016 when the wisconsin deal was made, people did the math, how much wisconsin was giving away in terms of subsidies to bring foxconn here talking about left, right divide, where you stand on things like that >> i was going to say, you can say that with amazon or anybody. >> they were looking at this, looked at it, said they're giving $15,000 a worker on an annual basis and you have to make decision about whether that's a good idea. >> that goes back into the economy, and someone else is served with the dry cleaner, restaurant. >> all good. mr. wonderful. this is wonderful. and price of bitcoin surging over the weekend, topping 3,000 and climbing >> sec won't put it through as etf,

apple is up more than 1.5%. >>> foxconn will build three facilities in wisconsin next year. the company will build a factory to make lcd monitors by 2020. they promised the project will create 13,000 jobs. the plans are contingent upon a three billion-dollar package of tax subsidies and environmental permitting exemptions opposed by governor scott walker. >>> walmart wants to use floating warehouses to fly orders to homes using drones. they found a patent for a system that would look like a blimp it would be designed to fly 500 feet above the ground and what have several launching bays for delivery drones. lester amazon filed for a similar patent. >>> if you plan to take one more vacation this summer it could be a good time to buy an airline ticket. today, many airlines will lower their peak summer prices. prices could drop by 10% or 15%. airlines typically lower their fares before labor day as demand drops. prices usually go back up before the holidays. struck a silicon valley neighborhood is worried about the presence of apple's new campus. some critics say it looks like a

cheryl: president talking earlier about the fact foxconn creating jobs. apple as well. i really appreciate it. certainly nicole, lou, appreciate your time. lot to talk about in the markets. it has been fun. >>> trump administration getting tough with china now. they're planning trade measures to force the country to crack down on intellectual property theft. something going on for years frankly. they want to ease entry requirements into the chinese market. this is over china's refusal to rein in north korea. are we headed for a showdown here? we have got the intel coming up next. [radio alarm] ♪ julie is living with metastatic breast cancer, which is breast cancer that has spread to other parts of her body. she's also taking prescription ibrance with an aromatase inhibitor, which is for postmenopausal women with hormone receptor- positive her2- metastatic breast cancer as the first hormonal based therapy. ♪ ibrance plus letrozole was significantly more effective at delaying disease progression versus letrozole. and ibrance plus letrozole shrunk tumors in over half of th

foxconn. they make the apple iphones, the desk tops. the biggest in the world. wisconsin with an unbelievable plan like we've never seen before. i actually said to tim cook of apple, i said you know, tim, i wouldn't consider myself as successful as president unless i see you building the big plants all over china, you start building them in the united states. he's going to do that. >> mr. president, you were critical of the intelligence and the run up to the iraq war. should we be critical of the intelligence right now? >> it's different intelligence. i have mike pompeo. that doesn't mean i had confidence in his predecessor, which i didn't. although he did say good things about me. did say he had mo information or anything on collusion. maybe i shouldn't say that. but i will say -- i have tremendous confidence with mike pompeo. dan coats is fantastic. we have people. your new head of the fbi will -- i've done a great service for this country. i think christopher will do a fantastic job as the head of the fbi. so look, i have -- nobody has greater respect for int

we have foxconn, they make the iphones for apple. so many companies are coming to our country.mmigration have placed enormous pressure on the jobs and wages of working families and they put great burdens on local schools and hospitals. well, this may be good for a handful of specialist special - it's harmful to all people of all backgrounds all throughout our country. we want every american community to succeed. including our immigrant communities. but they can't do that if we don't control our borders. earlier today, i visited with the incredible men and women of i.c.e. and the border patrol during a visit. i was over at the yuma sector. it was hot. like, 115 degrees and i'm out signing autographs for an hour. i was there. you learn if you are in shape. if you can do that, believe me. they told me actually, sir, it's relatively cool today. can you believe that? i met with the border patrol. i met with i.c.e. these are incredible people, the jobs they do. [applause] >> president trump: in fact, general kelly -- who was in charge of homeland security -- where people coming in, d

. >> i think foxconn is trying to hedge against potential trade war and makes some sense and the cost of the products that apple other sales are much higher because foxconn is an assembly operation and they produce very little >> and i think we heard louder protests from apple and we have not. >> no, because it is better for them >> it is better for them to produce these products some where. they can figure it out in terms of higher productivity and keeping costs down they're very good of this. >> sorry guys, we'll continue this conversation i am sure over the next month, allan and dan, appreciate it. >> analysts think maybe this is the quarter that end the streaks. >>> plus, the xlf is trading at its highest. we debate and more here on "power lunch." ♪ there's nothing more important than your health. so if you're on medicare or will be soon, you may want more than parts a and b here's why. medicare only covers about 80% of your part b medical expenses. the rest is up to you. you might want to consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like any medicare s

companies moving back in -- 2 big car companies that are coming in, you saw last week foxconn, they make the applel of it, the desktop, the biggest in the world, they are coming in to wisconsin with an unbelievable plant we have never seen before. and actually said to tim cook of tim, -- i said, "you know, i won't consider myself successful as president until i see you building those beautiful plants you have all over china, you start building them in the united states." and he is going to do that. >> you were critical of intelligence in the run-up to the iraq war. [indiscernible] president trump: well, it is different intelligence. i have mike pompeo. i have great confidence in him. that does not mean i have confidence in his predecessor. which i didn't, although he said good things about me. he said he had no information or anything on collusion. but i have tremendous confidence in mike pompeo. dan coats, fantastic. we have people -- your new head of the fbi -- i think i've got a great service for this country. i think you will do a fantastic job as the head of the fbi -- he will do a fantastic

apple, x on go back and forth a little dance. foxconn makes the iphones in china. cisms of apple has been can you get those jobs back to the united states. those people in there putting the parts together to make the iphones. we make all the parts here and ship them to china and built inside foxconn and ship them back to be sold. why can't we do that here? because of the costs involved. pete: start bringing billing business like that that's huge. small businesses have been hit the hardest by regulations of the obama area. big business is called cronyism they can manipulate the system with accountants. it's the small mom and pops that are trying to become big that the regulations crush. that's what the white house understands if you unleash small businesses that's the majority of jobs in this country, i don't know exactly what the number is but 60 to 70% of small business. ainsley: according to the bureau of labor statistics. 4.4%. that's one of the lowest in the past 10 years. the president says that's because small businesses doing really well. they are talk about

over, as i mentioned yesterday, foxconn is going to spend $10 billion in wisconsin and other places. billion will end up being $30 billion. they make the iphones for apple and others and it is a truly incredible company. we have a lot of things happening that are really great. again, today the stock market hit the highest level than it has ever been, and our country is doing very well. i just want to thank you all. tom and david are going to be outside and will speak to you at length about what we are going to do with respect to this aspect of immigration. i think it is going to be very, very important. the biggest change in 50 years. thank you all very much. reporter: can you give us a comment on russian sanctions, please? senator cotton: we are excited to introduce version two of the raise act, which will change our legal immigration system and the way that we award one million green cards every single year. it will help working-class americans get a pay raise that have lacked for too long. in my lifetime, 40 years. if you have a high school diploma or less, your wages have in stagnant or declining, as well as your quality of life.

foxconn will spend $10 billion in wisconsin, and other places. i think the $10 billion will end up being $30 billion. they make the iphones for apple and others. it is a truly incredible company. we have a lot of things happening that are really great, but today the stock market hit the highest level that it has ever been in our country is doing very well. i want to thank you all. tom and david are going to be outside. they will speak to you at length about what we are going to do with respect to this aspect of immigration. i think it will be very, very important. the biggest in 50 years. the biggest change in 50 years. thank you very much. reporter: could you give us a time on russian sanctions, please? >> we are very excited to be introducing version two of the act, which is going to change our legal immigration system. it is going to help working-class americans get a pay raise they have lacked for too long.

apple to assist these record high numbers going even higher. neil: wisconsin. >> wisconsin is perfect example. neil: the president could provide and help to provide the environment, right? so we got foxconn talk apple might do nor empty future. wouldn't that make these phones made in america more expensive? they're already telegraphed the next wave of them to be really expensive? >> definitely would be more expensive. talk about the fact that the foxconn deal, yes they announced it, but they have announced other deals in other states before that haven't manifested. for example in 2013 there was deal they would establish this new, amazing facility was going to be high-tech in pennsylvania. 500 jobs were going to be there. that never manifested. neil: pennsylvania still waiting, right? >> still waiting. for wisconsin, there is going to be 13,000 jobs. each job will cost something like $231,000 to create and the tax subsidies in order to happen is 50 times the regular amount. so the fact that they are saying this is going to happen, wisconsin says, i think they, the pipe-dreaming it a little bit. they really want it to happen but in terms of it actually, the state being able to afford it, i

as i mentioned, foxconn will spend $10 billion in wisconsin and other places, and i think the $10 billion will end up being $30 billion. they make the iphones for apple and others and it is a truly incredible company. so we have a lot of things happening that are really great, but again, today, the stock market hit the highest level that it has ever been and our country is doing very well. i just want to thank you all. tom and david are going to be outside. they're going speak to you at length about what we're going to do with respect to this aspect of immigration. i think it will be very, very important. it's the biggest change in 50 years. thank you all very much. >> can you give us a comment, mr. president, on russian sanctions, please?

foxconn. they make the iphones as you know for apple. and so many companies are building now in our country. auto companies who are coming back. years of uncontrolled immigration having placed enormous pressure on the jobs and wages of working families. and they've put great burdens on local schools and hospitals. well, this may be good for a handful of special interests. it's unfair to working people of all backgrounds all throughout our country. we want every american community to succeed, including our immigrant communities, but they can't do that if we don't control our board rders. earlier today i visited with the incredible men and women of i.c.e. and border patrol during a visit to yuma sector. it was hot. like 115 degrees. i'm out signing autographs for an hour. i was there. that was a hot day. you learn if you're in shape. if you can do that, believe me. and they actually told me, sir, it's relatively cool today. can you believe it? and i met with border patrol and i met with i.c.e. and these are incredible people the job they do. in fact, general kelly who was in charge of homeland

foxconn will spend $10 billion in wisconsin, and other places. i think the $10 billion will end up being $30 billion. they make the iphones for apple and others. it is a truly incredible company. we have a lot of things happening that are really great, but today the stock market hit the highest level that it has ever been in our country is doing very well. i want to thank you all. comment david are going to be outside. they will speak to you at length about what we are going to do with respect to this aspect of immigration. i think it will be very, very important. the biggest in 50 years. the biggest change in 50 years. thank you very much. could you give us a time on russian sanctions, please? >> we will be back here at the white house later today with incoming press secretary sarah huckabee sanders. he will hold today's briefing. that started 2:30 eastern. we will have it live on c-span. last week, the convention of hackers and i.t. professionals took place in las vegas. the atlantic council will look at some of the issues discussed and what is ahead in cyber security. live coverage starts at 4:00 eastern here on c-span and online at c-span.

talking about jobs not being in america, apple has faced that essential criticism had -- and has notably been facing off against foxconnesting story , pushing and the content according to "the wall street journal." it's noticeable that that pales and the comparison when you look at the likes of netflix, which currently spends $6 billion a year. apple then following the lead of amazon, and a catch-up that could happen there? caroline: plenty. this is still a company that many have wanted to move into the content space for a while. they started to launch the planet of the apps. have you seen this? they have made these tentative moves. it's where jessica alba and will i am get on. brutaltly it's pretty stuff if you are the inventor. they have also just launched a full series of carpal karaoke. nejra: i've seen that. caroline: did you like the reason one with will smith? nejra: i haven't watched it yet caroline:. it has gotten some critical reviews as well. nevertheless, they are dabbling in content. nejra: thank you so much to our caroline hyde, talking is through amazon. equities, 35 minutes until the end of trading, str

apple's getting. you're hearing a lot about that. whether it's foxconn in washington or boeing.ar luring businesses, offering too few jobs? >>> the companies, they'll get as many tax breaks as they want. the question is are the legislatures going too far by giving it up? we'll have to say. >>> 58 minutes past the hour. thanks for joining us. i'm christine romans. >> i'm dave briggs. hurricane harvey about to hit the gulf coast. millions facing days of fortunately >>> the storm has the potential to be a weather event that we talk about for years to come. >> this will be the first major hurricane to make landfall in the last 12 years. >> no need to panic. get a plan. prepare to protect your personal property. >> for our friends in the senate. >> oh, boy. any time you threaten a government shutdown is dumb. >> not the first president, he's th

as i mentioned, foxconn will spend $10 billion in wisconsin and other places, and i think the $10 billion will end up being $30 billion. they make the iphones for apple and others and it is a truly incredible company. so we have a lot of things happening that are really great, but again, today, the stock market hit the highest level that it has ever been and our country is doing very well. i just want to thank you all. tom and david are going to be outside. they're going speak to you at length about what we're going to do with respect to this aspect of immigration. i think it will be very, very important. it's the biggest change in 50 years. thank you all very much. >> can you give us a comment, mr. president, on russian sanctions, please? >>> we'll have a brief statement and then take your questions. we are proud to be producing version 2 which will finally change our legal immigration system and the way we award a million green cards every single year. it's going to help working-class americans get a pay raise that they've lacked for too long, for my lifetime, 40 years. your quality of life has been stagnant or declining. if this bill becomes law t

let foxconn, they make the iphones, as you know, for apple.ny countries are building now in our country. including the auto companies, who are coming back. years of uncontrolled immigration have placed enormous pressure on the jobs and wages of working families, and they put great burdens on local schools and hospitals. while this may be good for a handful of special interests, it is bad for working people of all backgrounds all throughout our country. we want every american community to succeed, including our immigrant community. but they cannot do that if we do not control our borders. [cheers] [applause] earlier today, i visited with the incredible men and women of i.c.e. and the border patrol during a visit. i was over at the yuma sector. it was hot. like, 115 degrees. i am out signing autographs for an hour. i was there. that was a hot day. you learn if you are in shape if you can do that, believe me. they actually told me, "actually, sir, it is relatively cool today." can you believe that? but it was great. but i met with the border patr

let foxconn, they make the iphones as you know for apple.many countries are building now in our country. including the auto companies, who are coming back. years of uncontrolled immigration have placed enormous pressure on the jobs and wages of working families and they put great burdens on local schools and hospitals. while this may be good for a handful of special interest, it is bad for working people of all backgrounds all throughout our country. we want every american community to succeed, including our immigrant community but we cannot do that if we do not control our borders. [cheers and applause] pres. trump: earlier today i visited with the incredible men and women of ice and the border patrol during a visit. i was over at the yuma sector. it was hot. like 115 degrees. i was outside tiny monographs for one hour. i was there. that was a hot. you learned if you are in shape. if you can do that, believe me. they actually told me, actually, sir, it is relatively cool today. and you believe that? but it was great. but i met with the bord

apple numbers going to affect trade, particularly tech stocks in asia? as marc mentioned, the big suppliers will be the key focus for investors. foxconnrean supplies. that trade in hong kong, they make the speakers for the apple iphones. there is euphoria or optimism that comes through with these apple numbers around expectations for future iphone sales. they certainly play into the hands of these producers and technologies.c we have a few more in japan, as well. andbroader context of apple how much of a player and leader it is in the tech space, just buoyed sentiment. we saw dow futures jumping after that move. we are looking at again in japan after we start equity trading shortly. this is in the context of an earnings season across the world that is been beating expectations. more so across the u.s. than in japan. it is been a good earnings season so far. that largely supports the opinion of equity investors, and that the global economy is intact. earnings are good enough to deliver a push higher in prices. that is where we are at the moment, looking for stocks open higher in asia today. yvonne: we were just talking to jpmorgan abou

let foxconn, they make the iphones as you know for apple.ountries are building now in our country. including the auto companies, who are coming back. years of uncontrolled immigration have placed enormous pressure on the jobs and wages of working families and they put great burdens on local schools and hospitals. while this may be good for a handful of special interest, it is bad for working people of all backgrounds all throughout our country. we want every american community -- succeed, the including our immigrant community but we cannot do that if we do not control our borders. applause] pres. trump: earlier today i visited with the incredible men and women of ice and the border .atrol during a visit i was over at the yuma sector. it was hot. like 115 degrees. i was outside tiny monographs for one hour. i was there. that was a hot. you learned if you are in shape. if you can do that, believe me. they actually told me, actually, sir, it is relatively cool today. and you believe that? but it was great. but i met with the border patrol. i me

the reports come less than two weeks after foxconn announced it would invest $10 billion in a new factory in wisconsin. >>> speaking of apple it's reportedly planning to release an apple watch that can make calls later this year. currently the watch has to be connected to the iphone to send a message or stream music. reports say that major u.s. wireless carriers plan to sell the new device, but it's unclear whether you have to buy a separate data plan. with your cnbc morning report i'm landon dowdy. >>> a lot of banks offer overdraft protection. you can wind up paying more in fees. susan hogan has some ways to >> reporter: we have overdraft protection to help us avoid that embarrassing moment when we purchase something and we don't have enough funds in our account, but now consumer reports said there's a way to avoid the overdraft fees and also not have overdraft protection. overdraft fees can range from annoying to painful for instance with wells fargo and bank of america, they're $35. pnc charges $36. collecting overdraft fees is good business for banks generating an estimated $33 billion a year. >> that's big money. at l

well president trump sounding bullish on foxconn's planned investment in united states trump says taiwan-based company apple'ssupplier could triple its commitment to 30 billion dollars the president says foxconn chairman made that comment to him off the record not clear whether that investment would be only in wisconsin or throughout the country, foxconn has planned to build a 10-billion-dollar plant in the state hiring up to 13,000 people. >> are you tired of 9:00 to 5:00 office job nasa has interesting job if you are interested needs to fill the job of planetary protection officer, basically someone can protect planet from aliens required to prevent alien microbes from the amount contaminanting the earth do not damage planets they travel to nasa offering six figure salary between 124 grabbed and 187,000 dollars per year if you are interested two weeks, headlines. >> headlined get to that is adp weaker-than-expected this is month of july 178,000 jobs created for the month, missing expectations, 185,000. obviously this is not a great number kevin. >> this is not a great number any time it comes underneath but

steve: and, of course, apple manufacture manufactures their products in china and foxconn moving to wisconsing to start a second company. while it might not be tax reform if it creator craters wh. >> something that comes in from nowhere a natural disaster, a war for example. ainsley: is it going to last? >> i think it lasts at this level whether it questions up some more i don't know. i think it lasts at this level. no tax cut this year. steve: for how long? >> you could get a dip. let's suppose you get a cut in the corporate tax rate, 35%. supposing they cut it down to 15 or even 20%. ainsley: amazing. >> all that money which the big american technology companies which they have overseas, a lot of it comes back. in wait a second, do you know apple has a cash mountain of $261 billion? it's all overseas. steve: a quarter of a trillion dollars. >> you cut the corporate tax rate a lot of that money comes back to here. that's a stimulus of half. that will give you another leg up on the stock market. brian: outside the 401(k) does the middle and working class feel this surge. >> yes. brian: watch

foxconn is going to spend $10 billion in wisconsin and other places. i think that will end up being $30 billion -- they make the iphones for apple and others.t is a truly incredible company. we have a lot of things happening that are really great. today come of stock market hit the highest level that it has ever been and our country is doing very well. i want to thank you all. host: george is calling from new york city. you are pessimistic. why? caller: i just can't see how the market could be growing where no american is getting a raise. i believe it's a lot of foreign money coming into this country. that's what our institutions are looking for to prop up the market. do you trust the people running the financial institutions? the gentleman who called for michigan was correct. there was no federal prosecution. case working a federal where they did go after people and i got a chance to be in a jury trial for four months to see how the government operates and how these boards of directors at these company's operated they are stealing our money, stealing our wealth. companiesrs at these operated. they are stealing our money, stealing our wealt

we have foxconn, they make the iphones for am. so many d for am. -- i phones for apple.ced enormous pressure on the jobs and wages of working families. and they put great burdens on local schools and hospitals. while this may be good for a handful of special interests, it's unfair to working people of all background throughout our country. we want every american community to succeed, including our immigrant communities. but they can't do that if we don't control our borders. earlier today i visited with the incredible men and women of i.c.e. and the border patrol during a visit to yuma sector. it was hot. like 115 degrees. i'm out signing autographs for an hour. that was a hot -- you learn if you are in shape, if you can do that, believe me. they actually told me, sir, it's relatively cool today. can you believe this? but it was great. i met with the border patrol and i met with i.c.e. these are incredible people, the jobs they do. in fact general kelly who was in charge of homeland security where people coming in down 78 and almost 80%. he did so good i made him my chie

foxconn. this is the taiwanese manufacturing giant, maker of apple i phones. one of the primary makers.th china morning post in particular. we don't have official confirmation that foxconn is going to make this deal, but we can tell you that the ceo of foxconn met with governor schneider over the weekend. it would be the big coo for the safe michigan and a political win for president trump. just last week the president announce reasonable doubt that fox conn is going to be opening its first manufacturing plant in the u.s. in wisconsin. this would be more manufacturing jobs in the united states. this one would be reportedly focused on rnd for autonomous driving, and it's another state that president trump flipped during the last election from obama. also, wanted to mention this interesting wall street journal front pager on the amount of penalties lobbied at financial firms. it is dropping a lot this year. turns out the "wall street journal" did a deep dive and found that penalties against firms and individuals from financial regulators in the first half of this year are actually down tw

last week foxconn, they make biggest in world, they are coming to wisconsin with an unbelievable plan, like we've never seen before. and i actually said to tim cook of appleu know tim, i won't consider myself successful as president unless i see you start building those big, beautiful plants you have all over china, you build them in united states, and he is going to do that. >> you were critical of the intelligence up to iraq war. >> you know it is different intelligence, i have mike pompeo, i have great confidence in him, that does not mean his confidence in his predecessor. although he did say good things about me. i will say, i have trum tes confidence in mike pompeo, we have people, the new head of the fbi, has done a great service for this country, i think that christopher will do a fantastic job, as head of fbi. so, i have no body has greater respect for intelligence than donald trump, you have to have the right leaders. we have great leaders right now, you can look at intelligence over the years, it of the intelligence that got people to make one of the worst decisions made in history of our country going into iraq. they said there were no -- you

mentioned yesterday, foxconn is going to spend $10 billion in wisconsin and other places and i think the $10 billion is going to end up being $30 billion. they make the iphones for appleand it is a truly incredible company. so we have a lot of things happening that are really great. but again, today, the stock market hit the highest level that it has ever been. and our country is doing very well i just want to thank you all tom and david are going to be outside. they are going to speak to you at length about what we're going to do with respect to this aspect of immigration. i think it's going tobe very, very important the biggest change in 50 years thank you all very much. >> that is the president taking a little q&a responding to not just the stock market today having hit record highs again, at least on the dow for the sixth day in a row above 22k, but we're referencing foxconn echoing what he told "the journal" a few days ago, but he said foxconn could increase the investment to $30 billion. although we have not gotten official word on that number. >> i think it's a little bit notable, the praise he heaved upon fuse sif praise. some of which customers such as apple