connell: blake burman does a lot on taxes. for leadership in 5g. that is still in the every stages however we're hearing china might already make major moves on the development of 6g. melissa: wow. connell: we're breaking down implications of that. the trade war putting pressure on farmers so could it derail president trump's 2020 chances in some swing states. melissa: good-looking cows. connell: we saw the cows. up close and personal. new numbers coming up. don't gos away. ♪. and a trade desk full of experts, available to answer your toughest questions. and i see it with zero commissions on online trades. i like what you're seeing. it's beautiful, isn't it? yeah. td ameritrade now offers zero commissions on online trades. ♪ but when i started seeing things, i didn't know what was happening... so i kept it in. he started believing things that weren't true. i knew something was wrong... but i didn't say a word. during the course of their disease around 50% of people with parkinson's may experience hallucinations or delusions. b

blake burman in the room for the news conference and joins us from the east room with a recap. blake? reporter: a lot of focus on two different topics that have adopt nated the day in -- dominated the day in washington. day between president trump and erdogan, meetings plural in the white house. more than four hours which culminated with the news conference. secondly what is going on with capitol hill with the impeachment proceedings. let's start there. president trump insisted the white house insisted threw the day he has not watched what has gone on capitol hill because of meetings taking place here. the while house is rolling out the argument they have other things and better things to be focusing on like foreign policy. here is president trump a little while ago. don't think we have that sot. apologize, connell. on issue of turkey what you saw was two, two very clear differences how the united states and how turkey view the ongoing situation in northeast syria. it is kurdish forces in northeast syria who have been fighting along side u.s. troops for years to help defeat isis

blake burman live at the white house. gerri willis on the floor of the new york stock exchange. edward lawrence with the the latest on trade from washington, d.c. gerri, we start with you. silly dow turned a little bit lower on us. >> that's true. no unch for walmart if you know what i mean. that stock had an incredible quarter. shares are down because i think the thing has gotten so expensive. here is what happened in the quarter. sales extended the growth streak for five years. think about it. comp sales up 3.2%. e-commerce up 41%. the company is raising its guidance because it see as great big christmas turkey. they think it will be a great holiday season of the stock hitting all-time high, pulling back. here is the tell you should pay attention to. look at comparison, amazon, walmart, year-to-date. amazon shares up 16.8%. you think that is a winner? no. walmart up 28.7% on the year. this company is going strong. they have numbers to prove it. who else likes the report? donald trump he tweeted this. walmart announces great numbers. no impact from tariffs which are contributin

blake burman on the authority lawn. critsystem of democrats, say all you care about is impeachment, impeachment. get it done, shows she cares about getting things done? incentive there? >> can she walk and chew gum at the same time. democrats what have they done or produced for the american people since they took over the house? i think tremendous amount of pressure there. usmca is real deliverable. the idea she is trying to barter getting that vote for usmca for an impeachment vote i find absolutely horrifying. i don't know if that is true or not. connell: makes sense from her point of view. >> maybe but it is pretty disgraceful, right? those, those newly, i think it is really 22 newly-elected democrats in trump districtses that are perhaps queasy about voting for impeachment, this is the way, holding up something that will create jobs, help farmers, do the job you're supposed to be doing in regard for getting those impeachment votes i think that is a disgrace. connell: probably argue should have had it done already. >

we've got blake burman outside the white house right now.e keep talking about this and the fact it's just not getting signed. what are you feeling based off of being right there at the white house? reporter: look, the white house is trying to put all of this pressure not only on democrats but specifically nancy pelosi to move the usmca forward, to get that vote on to the house floor, because the white house feels, it has felt for awhile that if it were to get to that point, there would be enough votes. the question is, will nancy pelosi and democrats allow it to come to the floor which would give the president a signature trade deal victory. as we heard from the president just a little while ago, meeting with his counterpart from bulgaria, let's just leave it there. the president also had a different target. we heard him talk pelosi, pelosi, pelosi, but the president contended today as well he thinks the afl-cio has an interest in this one. listen here to the president. >> she hasn't wanted to do it because i understand a couple of the union

blake burman. quick check of the dow. we are up 20 points. note here, we had been down 163 this morning. the turmoil in hong kong is just one more issue that's stressing out traders in the coming year but guess what? it doesn't even make deutsche bank's list of the 20 biggest risks that face the stock market in 2020. they just put out this list. we wanted to get it to you. income inequality or a different version of it, taking the top spot. wealth, income or health care inequality as deutsche put it. jpmorgan chase ceo jamie dimon addressed that issue on cbs "60 minutes" last night. >> i think it's a huge problem. i think middle class incomes have been kind of flat for maybe 15 years or so and that's not particularly good in america. liz: with the top banks and bankers in the world worrying about the market risk of income inequality, particularly in light of what could be a turn to maybe a liz warren presidency, dho how does one invest? are there specific areas, regions, sectors, where you could look at this and say all right, let's say not m

blake burman live at the white house with the latest on this story. blake? reporter: ashley, this is consistent theme for the president and white house in recent days and weeks, calling on nancy pelosi to bring the usmca trade deal to the house floor for a vote. today the president contended if it doesn't get to that point, at some point here, soon, then he says, mexico and canada could potentially back out. he says there would be one person to blame. pelosi. >> a lot of time is being wasted but you can have mexico and canada pull it pretty soon. if they do, it's her fault. it is not mine. we gave you a great deal. it's her fault. reporter: but the president also identified a different target for criticism today, suggesting the afl-cio has political motives. >> she hasn't wanted to do it, i understand a couple of the unions, afl-cio, they are asking her to hold it for a while, because maybe it will look, make trump look bad although i get a lot of votes out of afl-cio except for the top, who i actually like, richard trumka, a nice guy. reporter: we reached o

blake burman live at white house. gerri willis on the floor of the new york stock exchange. edward lawrence in d.c. why don't you kick it off. reporter: let's do that. the number of jobs created beat expectations. 128,000 jobs in october. the unemployment rate still near a 50-year low, 3.6. that is exactly what the market wanted to hear in conjunction with the chinese trade talks phase one moving nicely. revisions are story in itself. job totals for august, september were revised up. total of 95,000 jobs. that shows continued strength in the foundation of the economy. then wage growth. wages are growing at 3% offer the past 12 months. that number low enough where there is no pressure on inflation. white house economic advisors taking a victory lap based on this report. >> it shows, by the by, that the labor market is still strong, consumers and wage earners are still strong. as i said, america is working. i think people are underestimating the underlying strength of this economy. reporter: the weakness here is in the manufacturing numbers. ism data came out, 48.3. that numbe

blake burman on the north lawn of the white house where we begin with you, blake. reporter: connell, potential focus on a timeline for a signing, potential, between the u.s. and china for a phase one trade deal. the white house responding to a report out of reuters early this day, that the timing could potentially shift into december. here was the statement that the white house produced after that story was released. they said, quote, negotiations are continuing, progress being made on the text of the phase one agreement. we'll let you know when we have announcement on signing location. the target for the u.s. was to have it signed by the end of next week. that is when the apec conference was supposed to be happening in chile. that got canceled. that through everything up in the air a bit. so far the specifics when this could happen, where it could happen, have not been presented. bottom line, with all of this. speaking of days, next wednesday is shaping up to be a pretty big one in washington. house democrats announced first public hearings take place for bill tay

back to you in new york. >> blake burman, thank you. fox business alert we will destroy you iranian officials handing down that threat to pus and allies. fox's garrett join us live from washington as they accuse west of instagaiting deadly protest there over skyrocketing fuel prices. garrett, good morning. >> gorping to you thousands of iranians have taken to streets to protest nation struggling economy in the government has responded with a brutal crackdown. at least 143 people have been killed in the last two week alone according to amnesty international and iran has cut off internet access to try to quell the unrest by mag it difficult for groups to organize and to know the extent of the violence. these leat protest were sparked by government decision to increase gas prices by 50% at a time when cost of food and daily living is already soring under pressure of u.s. sanctions but a pro-government rally monday commander of iran revolutionary guard blamed the west for stoking the protest and issue a warning saying we have shown restraig

[laughter] blake burman live right there at the white house.is next with a breakdown of the day's wild trading. don't go away, it may be a squeaker to see a record for the s&p. the dow's already there. ♪ ♪ how did you guys...? >>don't ask. the lexus december to rembember sales event get 0 percent apr for 60 months on all 2019 models. experience amazing at your lexus dealer. ♪ ♪ liz: we have this news breaking right now, recent ipo unicorn peloton spiking on reports that the company is exploring apps for amazon fire tv and for the apple watch. the report says that the company is considering selling less expensive treadmills but also rowing machines. this would happen next year. we've got peloton up 3.5% to $25.55 a share. remember, this company that went public at about $29 a share, so it is still below that ipo price. >>> the dow and the s&p racing toward new records. this will be the 100th record for the s&p if it makes it under president trump. right now the s&p is up two and a half points, needs to be up one point, right in let me jutte make

blake burman is live at the white house. blake.orter: gordon sondland testimony contained section two called quid pro quo. european ambassador to the european union, in order for the newly-elected ukrainian president to come to the white house to have a meeting with president trump ukraine had to commit publicly to investigations into it 2016 election and into burisma. a company which hunter biden once sate on the board. >> you have testified that, that the white house meeting president zelensky desperately wanted that was important to president zelensky, was it not? >> absolutely. you. >> you testified that meeting was conditioned a quid pro quo for what the president wanted these two investigations, isn't that right? >> correct. >> that everybody knew it? >> correct. reporter: sondland also testify while it was quote belief, security assistance for ukraine was being delayed until the announcement was made, no one told him directly that was the case. republicans also point to a september phone call sondland had with president trum

blake burman from the white house. blake.eporter: president trump, first lady, their son left white house to the thanksgiving break to head to andrews air force base and to florida after that. we had a good idea what the president potentially faces when we gets back from the thanksgiving break. house committee jerry nadler, impeachment hear national that committee will take place one week from tomorrow, december 4th. that is important because that is the committee that could eventually recommend articles of impeachment on which the full house would vote. no reaction from the president as he left the white house though we briefly heard from him today regarding a possible trade deal with china. the president was asked this morning about the election results in hong kong. he expressed support for both hong kong and china's president xi xinping while also tying in the potential trade deal. listen. >> we're with them. i have a very good relationship as you know with president xi. we're in the final throws of a very important deal.

let's go to blake burman. blake. reporter: one week from today the hearing will take place in front of the house judiciary committee. the white house is weighing the options how his team, potentially the president's council may or may not show up to the hearing on the hill. white house press secretary stephanie grisham went on record about the possibility saying the white house is currently reviewing chairman nadler's letter, what comes obvious to every american that the letter is at the end of a sham of a partisan process. the president has done nothing wrong and the democrat know it. the nadler she is referring to the jerry nadler of the head of the house judiciary committee in the house. he has given 6:00 sunday to announce the president's intentions. there is plenty of time for the white house to map out the strategy and respond to house democrats. the importance by the way of the judiciary committee hearings, this is the committee that could eventually produce articles of impeachment upon which the full house of

let me get to blake burman, standing by live at the white house. blake, president trump i guess set to depart in less than an hour for the rally. any chance the president will thank jay powell and the fed for the three rate cuts they have made that some argue do stabilize what was a very ugly january? reporter: i think that one's a slim to none, liz. it was interesting, though, because larry kudlow was asked today about jay powell and his job status and he said jay powell's job status is perfectly fine. he's not going anywhere. he's going to stay atop the federal reserve. the president has no intentions of changing that at all. but kudlow also mentioned how the president has his opinions about jay powell, the president thinks that he raised too far, too fast, too tight, and that it was the fed that has held back the economy in some part. so today, instead what the white house is doing is looking inward at this jobs report. they view it as vindication of not only their economic priorities, but of their economic policies as well. for example, they are

blake burman at the white house. kristina partsinevelos, on the floor of the new york stock exchange. phil flynn is watching oil at the cme. edward lawrence with the latest on trade talks from d.c. we start with kristina. >> starting with me instead of edward lawrence. what we'll talk about is the hp deal. a lot of people were talking about rumors that xerox wanted to buy hp. unanimously hp board decided to reject xerox's bid. in? they think it is way too low at $22 a share. it undervalues hp. you're thinking similarities between the two portfolios. the end of that relationship. it could not be. according to hp in the statement, they said we're open to exploring whether there is value to be created for hp shareholders. there is few analysts like credit suisse putting out there, maybe a combination for the company as they continue to restructure, to overcome the loss of revenue. switching gears completely. i want to focus on kylie jenner. why? she makes a lot of money. she has a cosmetics firm that brought in $177 mil

blake burman with the latest on all this. reporter: hi, there, connell.here were a series of meetings over here at the white house as the impeachment proceedings continued up on capitol hill. i was told earlier today there was a meeting involved white house counsel pat, jared kushner and group of senators as they talk a way forward with impeachment. lindsay graham said he was a part of that meeting. after he told reporters up on capitol hill, the idea of the senate squashing potential articles of impeachment from the house is not going to happen. this is what he said in part. the idea that you would dismiss the trial before they presented the cases is a nonstarter. you're not going to get a motion to dismiss. as you mentioned the president also had lunch today with a different group of republican senators. you see one there. susan collins of maine. she is one of eight senators to come here along with mitt romney. you mentioned a couple who normally don't see eye-to-eye in some cases with president. susan collins gave a readout what she said, part of the d

blake burman with more on that. blake? reporter: would you look at this.use seemingly out of nowhere this morning. president trump meeting with the chair of the federal reserve, jay powell, earlier today, as you said it was kind of a fly on the wall moment. afterwards, the fed gave their readout of what happened, saying that the president who met with powell and also the treasury secretary steve mnuchin talked about the economy, growth, employment and inflation. the fed saying of powell quote, he did not discuss his expectations for monetary policy except to stress that the path of policy will depend entirely on incoming information that bears on the outlook for the economy. president trump then gave his own readout afterwards, taking to twitter to say quote, just finished a very good and cordial meeting at the white house with jay powell of the federal reserve. everything was discussed including interest rates, negative interest, low inflation, easing dollar strength and its effect on manufacturing, trade with china, eu and others, et cetera. as you know,

blake burman was on the lawn of the white house. he joins us from the north lawn with the very latest, blake. reporter: what a morning in washington. started with explosive testimony from gordon sondland, current ambassador to the european union up on capitol hill as part of the impeachment hearing. son land in his written testimony today he laid out an entire section he described in his words a quid pro quo. according to sondland in order for the newly-elected ukrainian president vladmir zelensky to have a meeting with president trump, ukraine had to announce it would have investigations into the 2016 server related to democrats and announce a investigation into burisma. that is the board hunter biden sat on. here is sondland laying out as he saw it the quid pro quo. >> you testified that the white house meeting that president zelensky desperately wanted, that was very important to president zelensky, was it not? >> absolutely. >> you testified that that meeting was conditioned, was a quid pro quo for what the president wanted these

blake burman, come on in from capitol hill. you've got 30 seconds on gordon sondland's testimony today. reporter: it is explosive, stuart. we have just gone through it. it is 19 pages long and in it, he outlines a quid pro quo. sondland is the u.s. ambassador to the european union. at one point he says quote, as i testified previously, with regard to -- was there a quid pro quo, as i testified previously with regard to the requested white house calls and white house meetings, the answer was yes. that's page 14. let me direct you to page 5. quote, mr. giuliani's requests were a prquid pro quo. mr. giuliani demand ukraine make a public statement announcing investigations of the 2016dnc server and burisma. mr. giuliani was expressing the desires of the president of the united states as we knew that these investigations were important to the president. page 17, real quick, as i flip through, last one, sondland also says quote, by the end of august, my belief was that if ukraine did something to demonstrate a serious intention to fi

blake burman all over that. hi, there, blake. reporter: is part of strategy we unfold in the white house. now the president himself is saying democratic controlled house ends up going forward with articles of impeachment, then the president would like to have a trial in the senate. part of the thinking here is, at that point, the president would be able to call witnesses. when he is called in to "fox & friends" earlier this morning, the president explicitly mentioned three potential witnesses, saying he would like to call hunter biden, the house intelligence committee chairman, adam schiff and initial whistleblower. >> we couldn't have any witnesses. we want to call the whistleblower. you know who i want as first witness? frankly, i want a trial, i think i can have it. >> you want a trial. >> oh, look, number one, they should never ever impeach. reporter: on policy front back here in washington, and over here at the white house, the administration is still pushing for democrats, especially nancy pelosi in the house, to put the us

neil: blake burman, thank you very, very much.so far as to say to a man or woman even if there was a quid pro quo, there's no there there. take a look. >> if you learn the aid was at the very least delayed until the president got what he wanted, if that was the case, and democrats say they have the proof, is that an impeachable offense to you? if they had that proof? >> no, i don't think so. neil: your view is push comes to shove, documents, testimony, transcripts revealed that it did get to that level where the president did actually hold this up, that to you is not impeachable? >> right. not impeachable. all you have to do is read the transcript that's been release toed the american people to decide for themselves. there wasn't anything in that transcript that was impeachable. >> i just don't see based on what's transpired to this point with their antics with impeachment that it will rise to the level of an impeachable offense. neil: all right. what's the read on this? eric beach joins us right now. you have heard the back-and-f

blake burman has the very latest on all this stuff. blake? reporter: hi, neil. potential headaches for this white house today, as it relates to the impeachment inquiry, and it involves what is going on up on capitol hill, as it relates to the former u.s. ambassador to ukraine, marie yovanovitch. she is continuing her testimony right now at this hour and earlier today, as she was testifying, president trump sent out the following tweet. he said quote, everywhere marie yovanovitch went turned bad. she started off in somalia, how did that go, then fast forward to ukraine where the new ukrainian spoke unfavorably about her in my phone call with him. it's the president's absolute right to appoint bams doambassa. shortly after that, adam schiff, top democrat on the house intelligence committee, read parts of that tweet to yovanovitch and started to build up the argument that the president in that very moment was engaging in witness tampering and witness intimidation. watch. >> now the president in realtime is attacking you. what effect do you think that has on other w

to blake burman at the white house. blake, my next question, what direction will the trade headlines take next? reporter: is that all that's happened in the last 36 hours or so? yeah. it's been a lot all over the place. you could even add to that as well the press secretary, stephanie grisham, when she spoke with maria saying if there was a deal in place, some tariffs could be lifted. we have been getting all of these different bits and pieces from several different sides to this but anybody that you talk to in this building will tell you, at the end of the day, it is the president who will make the decision and will make the final call and we heard from the president today, in which he didn't necessarily shut the door on saying that there could be a rollback in tariffs if there is a trade agreement, but he did slam the door on the possibility of a full rollback of tariffs. watch. >> well, they would tlilike to e a rollback. i haven't agreed to anything. china would like to get something of a rollback. not a complete rol

blake burman on the implications of those remarks. what it means for getting anything else but impeachment done. blake, what have you got? reporter: neil, when you take comments that nancy pelosi made specifically on the the on usmca on possibility congress passing that it seemed rather bullish. she said she would like to get it done this year. i ran that by a source in the administration, neil, emersed with all the talks involving usmca, trying to get it passed up on the hill. that source told me they feel that indeed things are happening. there are smoke signals right now but the administration is also looking toward a 4:00 meeting up on capitol hill among democratic leadership what is said after that meeting that takes place this afternoon. nonetheless as it relates to pelosi and usmca she talked up the trade deal listen. >> we're moving postively in terms of the u.s. mexico canada agreement. it comes down to enhancement, and enforcement, enhancement too but enforcement. i do believe if we can get this to the place it needs to be wh

blake burman. if the president says anything, comes out with remarks or a tape with meeting with crucial republican senators, we'll pass that along to you. impeachment hearings, fiona hill, david holmes under the microsoft. for the markets, reason why we're down, nothing to do with having hearings. everything to do with trade, not just china trade. growing doubts we'll be able to get a usmca vote. that is a vote on the trade deal between ourselves and the canadians and mexicans before the end of the year, a signal out of nancy pelosi's office. it doesn't look good for that. that is yet another fuel to the selling fire here. "daily caller" editorial director vince coglianese. i always argued for some reason, the impeachment stuff is more noise to the markets. the trade stuff is much more important. do you think that remains the case? >> i think it does. especially no matter what happens in the house, we know how this thing ends. the senate doesn't vote to remove the president of the united states. t

blake burman, great to see you. thank you very much.> well, working too much is sparking income inequality. that's what new data says that those with higher incomes were working more and that is creating a bigger divide in the labor force. to "making money" host charles payne. charles, first of all, it strikes me as something off, because it shouldn't be bad that we are becoming more productive. right? charles: i agree 1,000% and you know, i think there's a subtext here. when you get these articles, this particular author and this particular newspaper about this whole new idea people should be working less anyway, so i think there's a double shot. the shot at folks who like to work in part because they want to be successful. it's not just about the money. and on top of that, there's this sort of push for income inequality so to diss hard work on two separate tracks, i think both of them are disingenuous. david: they are. on the other hand, you have been very clear about this, there are these inequalities that have developed over the pas

blake burman following all of that at white house.orter: neil, we said all this related to tariffs was mapped out. we heard the president today he seemed to potentially shut the door on potential roll back of tariffs. we heard him a little while ago on the south lawn. chinese sources told us they wanted altiris rolled back in phases. we heard from larry kudlow said publicly on the record, if there was phase one trade deal there would be some concession of tariffs so it is still a bit up in the air exactly when it comes to potentially roll back tariffs how it all might work out in a trade deal with china. the president a little while ago, made it clear he does not want to see a complete pullback. listen. think would like a roll back. china would like a complete roll back. they know i would not do it. we're getting along very well with china. they frankly want to make a deal a lot more than i do. i'm happy right now. we're taking in billions of dollars. i'm very happy. china would like to make a deal much more than i would. reporter: u.

blake burman with the latest on all of that, hey, blake.a day we have going on here in washington, d.c. what's going on up on the hill, busy one over here at the white house as president trump right now is in the middle of about four hours or so worth of meetings with the turkish president, erdogan. the way the schedule breaks out, they already met in the oval office. there will be a bilateral meeting, working lunch, you mentioned congress, the turkish president is expected to meet with some members of the senate as well, then after that, we are going to get a press conference between the two leaders a couple hours from now. this will be the first face-to-face meeting between the two since that october 6th phone call which led to president trump pulling u.s. forces from northeastern syria and then the turkish incursion that followed. since then, president trump threatened sanctions, a cease-fire came about and many questions have sprung about the u.s. future in that area, and what it means for the fight against isis. now, during rather brie

blake burman what these hearing on this confusion of the tarif tariffs. on, off, delayed, what? >> may as started their show. that's a good way to put it. there have been a lot of headlines. let me try to take. an end work through it with you. according to the sources that we have been talking to, the idea of rolling back tariffs is still being mapped out at this point. but the markets earlier today certainly above the comments that were coming out of beijing, government spokesperson there. at one point, saying "both sides agreed to remove the additional tariffs as progress is made on the agreement. if china and the u.s. reach a phase one deal, both sides should rollback existing additional tariffs in the same proportion simultaneously. so far, no one back here in washington within the trump administration has put forth an official comment. that includes the u.s. trade representative's office that is leading the negotiations for the u.s. however, a source familiar with the u.s. negotiation says that the comments made in china today are on the correct course. the question that be

melissa: we havema r blake burman at white house. edward lawrence at capitol and gerri willis at the floor of the new york stock exchange. >> what powered this index higher? why did all indexes finish record territory today? it had a lot to do with trade, positive sentiment on that. also trump comments and president's comments from the white house on health care. you would have thought more transpare criminal was bad for stocks. traders said not so. j&j trading higher, unitedhealth group, pfizer doing well. unitedhealth group up 5.3%. very good news for the stock. for the week it was boeing, walgreens and disney higher. disney as you know, saying they have 10 million subscribers for their new disney plus service. walgreens, we've got lots of folks interested in taking that company private. now kkr offering to do it. boeing saying they're getting the max back into service. so big news there for the dow. i love wearing this hat. hopefully we can stay above the level. right, ladies? neil: gerri. melissa: commerce secretary wilbur ross t

blake burman is standing by. he was inside this event. i started to see a bunch of headlines and they are quite newsworthy here. reporter: i was inside the cabinet room for about 55 minutes, just a little while ago, and what you are witness there on the left-hand side of your screen was a fascinating and incredibly consequential policy discussion in which the president of the united states was moderating what many believe is the infancy of a public health crisis being the epidemic that this country is seeing of youth e-cigarette use, and especially flavored vaping products. let me try to paint a picture of what you're looking at. screen left, president trump has all the stake holders in the room. you are looking at the hhs secretary, alex azar. right side of the screen, mitt romney. there's a back story there but let's keep it on vaping. next to the president, as romney has been an advocate for getting flavored vaping products off of store shelves. and around the table in the cabinet room, all the stake holders. american cancer society, a

from washington to wall street, blake burman live at the white house. gerri willis at the floor of the new york stock exchange. blake, kick it off for us. reporter: reversal at corner of wall and broad after comment made here at white house earlier this morning by president trump. we heard from a couple members of the trump administration the last say or so, larry kudlow, top economic advisor and stephanie gresham, press secretary speaking to maria bartiromo. if there is a phase one trade deal between u.s. and china there would likely be tariff concessions. when the president was asked about tariff concessions today, he made it very clear when it comes to a complete roll back at some point, that is something he would not be in favor of. >> well they would like to have a roll back. i haven't agreed to anything. china would like somewhat after roll back, not a complete roll back because they know i won't do it. we're getting along with china. they want to make a deal. frankly they want to make a deal a lot more than i do. i'm very happy with taking in bill

blake burman and edward lawrence are at the white house one in, one out. gerri willis down on the floor of the new york stock exchange. on the vaping story, melissa referenced, blake. reporter: i was in door for 55 minutes as president trump held the meeting. he threw his support behind raising smoking age to 21. it remains to be seen whether or not he support as ban on flavored vaping products. thises with at times a very testy meeting in cabinet room as executives from e-cigarette and vaping companies, members of vaping associations and also health care advocates. the president at one point, really, at self point, expressed some sort of reservation as it relates to a flavored vaping ban for adults. his concern at that point, would be counterfeiting. >> he watched prohibition. you look with the alcohol. you look at cigarettes. if you don't give it to them, it will come here illegally. they are going to make that. but instead of reynolds or juul or, legitimate companies, good companies making something that's safe, they will be selling stuff on the street c

new york stock exchange, blake burman at white house and greg palkot in london. susan li is in the newsroom. wow, that is lot of firepower. we'll start with jackie. >> appears another record for the dow jones, finishing up 12,693. dow started out in the red this morning but a turnaround from boeing definitely helped. shares up almost 5% during the session today. the company saying the 737 max jet will be back in the area in january. now remember, its last earnings it said it was expecting regulators to give that approval in the fourth quarter, presumably the faa. but that 737 has been grounded since the spring. the company is focusing not only on safety, but of course on getting this back is up in the air for profitability as well. while commercial duties could resume in january, deliveries could start resuming in december. the company is saying that production could rise for the 737 max jet from 42 to 57 by the end of 2020. so that is above expectations. meantime, take a look at shares of southwest because "the wall street journal" is reporting that the company

blake burman, the chinese feel that the u.s.n't shown much movement on china's request to roll back the tariffs, right? >> reporter: yeah, that's right. and as we've been reporting here, liz, the u.s. and china have a couple different views as to how tariffs should be treated going forward. the u.s., according to sources, wants tariffs to be rolled back at some point or at least in some size as the trade deal gets completed whereas china wants them to be rolled back in phases with all of the tariffs from the trade war eventually taken off once there is a completed trade deal. so there's two different ways as to which this is being viewed. president trump has shot down the possibility of a full rollback of tariffs as china wants, which is what sources are telling us. but earlier today he spelled out the potential consequences as to what could happen if there's not a trade deal. listen. >> china's going to have to make a deal. if they don't, that's it, okay in i'm very happy with china right now. they're paying us billions and bil

let's go to fox business's blake burman at the white house with the latest.upp arena in early november, you're talking about basketball. he will head north for a campaign style rally later this evening. he just took off the from the south lawn. we're awaiting comments and play back from the president. he will be asked about the ruling in the second district court of appeals that went against him relates to the taxes of the prosecutors in manhattan have been seeking eight years of the president's state taxes. today judges there ruled they have to be handed over. the second court of appeals, a three-judge panel unanimously agree the president can be investigated while in office. the subpoena is directed at a third party, mazars, the accounting firm, not at the president. it reads in part, quote here none of the materials sought by mass sar subpoena regard executive privilege or seek president's actions taken in an official capacity. the president's private attorney jay sekulow says the next stop here is the high court. sekulow saying the decision of the second

agreed to simultaneously rollback tariffs as part of phase one trade deal blake burman at the white houseijing this morning china says there is an agreement, in place is between u.s. and china, not to go forward with future additional tariffs, the statement made, earlier today from a spokesperson for china consumers ministry catching the attention of the markets and this is what he said at one point quote, both sides agree to remove additional tariffs imposed in progress is being made on the agreement, if china and. s reach a phase one deal, both sides should roll back existing additional tariffs in the same proportion simultaneously, now here is what i am told, according to a source familiar with the matter, if there is a phase one trade deal, then it is safe to believe that the new batch of tariffs on december 15 would not go into effect, the caveat being, if there is a phase one trade deal, you will notice from the comments out of china this morning, the word "if" you have got as weld china mentioned phases, i am told that some of this is still being mapped out maria we have reached ou

blake burman at the white house.s very much. >>> here's a story that touches just about everybody, i think. you know the popular vision correction surgery, lasik surgery? been around for 20 years. well, now a former fda adviser raising a red flag about the procedure and he wants it flat out stopped. lasik stopped. marc siegel, drs. marc siegel, with is now. what's the problem? >> lasik surgery is cutting a slit in the cornea of the eye and shaping it so that you get better vision. if you have nearsightedness. that's what it is. it has some complications. 5% or 10% of the time you might get dry eye, flashes of light, you might not have perfect vision you were expecting, you might see shadows. there's complications. the vast majority of the time, it is successful. 20 million people have had it over the last 20 years. he originally approved it. i think he's way out of line saying remove it. what i think he's really saying here is doctors should be involved in warning patients there are complications. there's no free lun

blake burman is there. what have you got? reporter: i'm calling you from the phone at my desk here in our white house booth. i don't want to alarm but the white house right now and the capitol complex are on lockdown. what law enforcement sources are telling fox at this point is that an aircraft might have violated restricted airspace over washington, d.c. just so our viewers know, aircraft cannot fly above washington, d.c. if you have ever flown into reagan or seen an airplane fly out of reagan, which is just on the virginia side of d.c., you know an airplane goes up and then immediately banks or as it lands, it immediately banks because you cannot fly over washington, cannot fly over the white house. so here we are at the white house right now on lockdown and the capitol on lockdown, though the hill is out for the holiday recess, because of aircraft might have restricted air space here in washington, d.c. this lockdown went down about, don't hold me to this, but about 15, 20 minutes ago, i want to say. so we continue to awa

issue that he has to check back potentially with courts, maybe even the white house, hard to say, blake burmane with more details on all of this. hey, blake. reporter: hi, neil. democrats wanted to talk to john bolton, the former national security adviser, behind closed doors on capitol hill today as part of the impeachment inquiry. that did not happen, though, as bolton was a no-show. what was interesting about this one is democrats have not issued a subpoena yet for bolton to appear. part of the reasoning there could be that that could lead to a court battle afterwards, especially since there are executive issue -- executive privilege issues at play and that could just draw out the process. bolton is a key figure in the impeachment inquiry. there is sworn testimony that bolton was so irritated about a july meeting here at the white house with ukrainian officials because there was a link between president zelensky getting a meeting over here at the white house to investigations into buris burisma. according to the sworn testimony, bolton had told a colleague to brief nse lawyers about exactly

blake burman with the very latest including the quest for the president's tax documents. blake?r: neil, it's a document dump kind of monday day. what a week we have on washington. house democrats now just released the transcripts of the two of the first depositions taking place behind closed doors. democrats say this is the start of the public phase of impeachment that will soon be unveiled and it is starting now. those depositions just been released, the former u.s. ambassador to ukraine and michael mckinley, former senior advisor to secretary of state mike pompeo. yovanovitch deposition is and mcneil deposition, they are starting to go through the headlines as they come out in the afternoon. different document, near by your area, came from the u.s. second district court as it was a big win for prosecutors in new york as the second district court has said that a subpoena essentially can go forward for eight years worth of president trump's tax returns. now the, this really essentially boils down to two things. first the second district court of appeals says the president can be

blake burman with the latest from the white house. how the president handling all of this. blake. reporter: jim jordan one of the more vocal supporters republican party on the house side and a big defender of president trump. the strategy is put one of their strongest voices and strongest members as they see it. move him over from oversight because most everything is funneled through the house intelligence committee. this impeachment committee. to move jordan over, thinking would be get one of the best voices there as you outlined, remains to be seen whether or not nancy pelosi would give her blessing to be able to do that. speaking of the house intelligence committee, that is run by the top democrat on the committee, adam schiff. schiff said there would be a deposition transcripts released today of two very prominent figures. we are still awaiting those deposition transcripts, the key figures gordon sondland, u.s. ambassador to the european union, and kurt volcker, former u.s. representative for ukraine negotiations. those transcripts still have yet to be released. we belie

blake burman at the white house keeping track on developments. on the china thing. do we know? reporter: let's start there. here is what is important to keep in mind, neil. the two sides were supposed to be, the timeline was supposed to be, they would meet, president trump and president xi in apec 10 days time. we know apec was canceled. that kind of through everything into a scramble where these two could potentially meet. there are two different facets. the first off the terms as stuart talked about. also the location. the location is an important piece of the puzzle, when you talk about this potentially shifting into december. there are logistical challenges now because of the cancellation of apec of trying to get these two world leaders, a, into the same place and then, b, trying to sort all of that out. when you talk about next week, the time frame of when they were supposed to be meeting, that is becoming, it is fair to say, less likely that these two leaders, president trump and president xi, would be meeting together wherever. pick any sort of point across the globe, wh

blake burman at the white house.etts, the state police getting help fighting crime and getting that help from not so furry friends, robot dogs, raising hairs. next. ♪. most people think of verizon as a reliable phone company. (woman) but to businesses, we're a reliable partner. we keep companies ready for what's next. (man) we weave security into their business. virtualize their operations. (woman) and build ai customer experiences. we also keep them ready for the next big opportunity. like 5g. almost all the fortune 500 partner with us. (woman) when it comes to digital transformation... verizon keeps business ready. ♪ connell: four east coast states are ramming up the fight against the law of salt taxes. kristina partsinevelos has the story. reporter: they are appealing the decision. this is decision about state and local tax deductions. it is supposed to be capped at $10,000. they have made two arguments. these sates are going for -- states are going forward that the salt deductions are unconstitutional because the

senior executives and business leaders will be attending today's remarks according to our own blake burmanll highlight how his policies have lower taxes, deregulation and fair and reciprocal trade and support of the longest economic recovery in u.s. history with record low unemployment rising, wages and soaring consumer confidence. of course, the market has been hitting record highs times since july after hitting a possible trade deal with china. the president spoke about that on his way to alabama on saturday. >> we will soon have literally hundreds of billions of dollars coming in from china. we never got anything from china so a lot of very positive things are happening. i think people will be amazed. just to say again, i'd like to make a deal, but it's got to be the right deal. >> the president stayed on topic on twitter this morning tweeting the economy is booming, seems to have another record day. we expect the president to speak for roughly 30 minutes or so starting just after noon today and he will take some q&a from the audience. >> bill: thank you, rick. we are watching from here

president making it clear he wants to move from new york go to the sunny enadviser on those of florida blake burmanen i look at florida, and new york state follows a trend according to u.s. census bureau over lastly inning decade since 20102.6 million people added to population in florida for new york state flatline in fact slight increa decrease two more high profile residents officially state of florida confirming "new york times" report last night saying moving family there permanent residence he says my family and i will he making palm beach, florida permit residents i cherish new york people of new york always will despite i pay millions in city, state local taxes each year i have been treated very badly by political leaders of city and state few have been treated worse i hated having to make this decision, but in the end it will be best for all concerned. while the president blames, politics there in part he also alludes to the tax implications as well if you look at top end tax rate new york state 8. % new york city 3.8, new york tax 16% florida across the board there, zero, zero, zero. new

percent to blake burman at the white house with the very latest. hey, blake.the hearings up on capitol hill, over here at the white house, president trump is expected, if not already to meet shortly for lunch with republican senators. this comes as the hearings are taking place up on the hill. among headlines today is from david holmes, a top u.s. diplomat in the u.s.

blake burman at the white house keeping track on developments. on the china thing. do we know?

connell: blake burman on the north lawn, busy as always.e move on here tackling the so-called skills gap. i will speak with a one businessman. he is a host on the show. the way his company is attracting young people to the workforce. what else is coming up, melissa? melissa: neat stuff. president trump is trying out a new strategy on the campaign trail. will it work to his advantage for the race to the white house. life in the fast lane could soon be for everyone. one luxury car maker is trying something different to boost sales. we're taking you to what is called a theme park for grown ups, later in the hour. you don't want to miss this. so why isn't it all about you, when it comes to your money? so. what's on your mind? we are edward jones, a 97-year-old firm built for right now. with one financial advisor per office, we're all about knowing what's important to you the one who matters. edward jones. it's time for investing to feel individual. ♪ do you recall, not long ago ♪ we would walk on the sidewalk ♪ ♪ all around the wind blows ♪ we