we've encouraged them strongly encourage them to negotiate with china not to just you know through a tariff walls going to for tat. some american businesses even fear they'll be affected by both chinese and u.s. tariffs. we have some members that are finding out that the yarns in fabrics that shipped to china are going to be subject to a twenty five percent tariff and then the finished products the shift from china back united states are going to be subject to twenty five percent or so they're getting taxed twice and that's not good not good also describes the chances of a breakthrough a trade talks set to take place between china and the u.s. from thursday u.s. president donald trump says he doesn't expect much asked for china. we hope to be a result during the trade talks. but as you know we normally don't like to make any comments before the actual negotiations and we hope both sides can sit down quietly and dedicate themselves to achieving a good result on the basis of the parish trust country the whole that you would. but those talks will take place on the same day as the two countries impose a further sixteen billion doll

is currently unable to produce enough of this crop to meet its own needs, so as china hammers americantrade war, it needs its own to grow more and it is notjust sorghum. soya bean is crucial. without it to feed china's pigs, there is no pork on the table, but most comes from america. the issue now is that imported sorry from the us is cheaper and the prices of our soya beans are lower than the cost of growing them, so the enthusiasm for people is low and they do not grow grow soy. —— soy. for people is low and they do not grow grow soy. -- soy. weaponising crops is a delicate balance for china. it is a long, long way from being self—sufficient, and this is a serious business. china's national drink is made for sorghum. tariffs aimed at american farmers could mean aimed at american farmers could mean a more expensive night out here. in the war between washington and beijing has veered into the foreign exchange sphere, with washington accusing china of manipulating its currency this week. china's currency has shared almost 10% of its value against the dollar since the trade dispute began

because of the deal being struck in china giving in to the americans and to china we do have a lack of energy sometimes from a seasonal perspective so be a win for them too right catherine young the investment director at fidelity international in hong kong thank you so much. to saudi arabia now which says it's still committed to floating shares in the world's biggest company the country's all minister says it will sell a stake in state owned oil giant saudi aramco quote at a time of its own choosing plans to do so will first announced in twenty sixteen with riyadh predict. a public offering would value it add two trillion dollars of war they have been signs of cold feet doubts over whether rampal would meet its price target and how prepared to the company is to undergo regulatory scrutiny saudi arabia has now reportedly scrapped the i.p.o. and disbanded the financial advisers working on it. i don't know about you but i'm confused is saudi arabia going to float around co or not. you know we're confused here as well the latest news that we're getting this m

china. not to just throrow up tariffs walls, going tit for tat. rereporter: some americanusinesses even fear they will be affected by both chinese and u.s. tariffs. >> we have some members thatat e finding out that the yarns and fabrics they shipped to china be subject to a 25% tariffs,, than the finisheded products ththey should act in the u.s. will be subjecect to 25% tarariffs. so they are getting taxed twice and that is not good. reporter: not good also describes the chances of a breakthrough of trade talks set to take plplace between n chinad the u.s. on thursday. donald trump said he does not expect much. as for chinana -- >> we hope to reach a good result during the trade talks. but as you know, we normally do not like to make any comments before the actual negotiations. we hope both sides can sit down quietly and dedicate themselves to achieving a good result on the basis of equality, parity and trust. reporter: but those talks will take place on the same day as the two countries impose a further $16 billion worth of tariffs on each other. hardly a foundation for t

because of the deal being struck in china giving in to the americans and the china we do have a lack of energy sometimes from a seasonal perspective so be a win for them to right catherine young the investment director at fidelity international in hong kong thank you so much. counterproductive and senseless that's how russian president vladimir putin labels the latest tranche of u.s. sanctions against russia which have now come into effect officials in moscow say they're bracing for lower growth and a weak a ruble as a direct result until now the kremlin had dismissed the big falls of the currency as market volatility not anymore. russian reporters saying that the u.s. has no sports or gas turbines to russia along with key items for the aviation industry like jet engines and electronics. until now the kremlin has been demonstrably on ruffled by u.s. sanctions especially since an earlier round had long reduced trade in military goods. but the mere announcement of this list sent stocks in large state owned companies tumbling on the moscow stock exchange. ker

we've encouraged them strongly encourage them to negotiate with china not to just you know through a tariff walls going to for tat. some american businesses even fear they'll be affected by both chinese and u.s. tariffs. we have some members that are finding out that the yarns in fabrics that shipped to china are going to be subject to a twenty five percent tariff and then the finished products they shipped from china back united states are going to be subject to twenty five percent or so they're getting taxed twice and that's not good not good also describes the chances of a breakthrough a trade talks set to take place between china and the u.s. from thursday u.s. president donald trump says he doesn't expect much asked for china. we hope to result during the trade talks. but as you know we normally don't like to make any comments before the actual negotiations and we hope both sides can sit down quietly and dedicate themselves to achieving a good result on the basis of the parish the trust country the holiday. but those talks will take place on the same day as the two countries impose a further sixteen billion dollars worth o

is currently unable to produce enough of this crop to meet its own needs, so as china hammers americantrade war, it needs its own to grow more, and it's notjust sorghum. soy bean is crucial. without it to feed china's pigs, there is no pork on the table, but most comes from america. translation: the issue now is that imported soy from the us is cheaper and the prices of our soy beans are lower than the cost of growing them, so the enthusiasm for people is low and they do not gi’ow soy. weaponising crops is a delicate balance for china. it is a long, long way from being self—sufficient, and this is a serious business. china's national drink, baijui, is made from sorghum. tariffs aimed at american farmers could mean a more expensive night out here. ryanair passengers who have received compensation for cancelled and delayed flights have been charged extra fees after banks rejected the cheques. several people said their bank had returned cheques they had received from the airline because they were unsigned. rya nair has apologised and blamed the problem on an "administrative error". facebo

mistake that donald trump i think has made with respect to, you know, confronting china, and by the way, i think the americanm on this, that china is a problem, but, you know, what is the lesson of history, fareed? you never want to fight a three or four-front war at the same time. we do need to restore our trade relations with europe and with canada and with mexico and with japan so that we can kind of isolate china as the bad actor on the scene. that may still happen. i'm hopeful we'll see a new nafta. i'm hopeful we'll see the trade deal that trump got the handshake deal with a few weeks ago, that that will lead to a situation where we can couldn't -- concentrate on confronting china. >> i hope he's listening to you on that, steve. let me ask steve cook to play it out for us. trump is asking for this pastor back. erdogan has backed himself into a corner on that, he's a proud guy, he doesn't give in. interest rates are going to have to rise in turkey. the currency is falling. what's going to happen? is turkey going to cry uncle and release the pastor? how do you see it moving forward? >> well, the treasury

because of the deal being struck in china giving in to the americans and for china we do have a lack of energy sometimes from a seasonal perspective so be a win for them too right cats if again very busy days right now in washington d.c. president trump has accused his former lawyer michael cohen of lying under pressure from prosecutors investigating campaign finance violations the white house is grappling with the allegations the president orchestrated an illegal cover up to buy the silence of two women who claimed he had affairs with them now as a result the president is confronting mounting legal and political threats. in his guilty plea michael cohen to admitted to violating campaign finance laws during the twenty sixteen u.s. presidential election he said he was instructed by a candidate's understood to be tunneled trump to make payments to two women to finance their obligations they had extramarital affairs with trump in an interview and fox news trump denied breaking the law. did they come out of the campaign they didn't come out of the campaign the

china we identified with some of these risks are. what about consumer protection and product liability? i called up an american lawyer who works in china and advice this western company. he says you have to understand the attitude is one of the reasons our product is so cheap is because we assume no liability for it. it is buyer beware. so let's take an example. do you take a medicine that is made in china by a chinese company and its sold here in the united states by a distributor. chances are the distributor has no financial assets for very limited assets. you effectively have no legal recourse. so the hidden prices of cheap drugs is the last of consumer protection. and then what happens in the fda goes into plants in china. there is a plant that was making an epilepsy product and the plant lacked any temperature humidity control system to save money. and so when the fda inspectors went in. it is a hot day in humid city employees open the window. but this is a product supposed to be made under to pressure controlled environments. so it's a way that you save money. another hidden cost of cheap drugs. seven ye

china or anybody else. we'll continue to make sure american workers and american companies get a fair fight in china. that's what this all about. maria: i'm glad you mentioned firma and you cfius, that's what you are going to strengthen in making sure china doesn't spin stealing our technology. or is there no answer to that. >> whether it's china or anybody else, we have been working with couldn't last six months. we couldn't be more pleased. this passed in the house 400-2. think about that. if that's not bipartisan, what is. we want to protect united states critical technology and we are going to. that's not direct at china. it's direct at everybody. we'll make sure the crown jewels of american technology are protected. maria: the left likes to say this is a corporate giveaway. you cutted the corporate tax rate from 35% to 21% and it's not helping others. but you see where the unemployment rate is. why was lowering the corporate rate so important. >> i traveled with the president during the campaign. we president met with tens of thousands of people. we heard from two critical things. please cut reg

the american farmer because china is smart and they know the american farmers love donald trump. and they say what can we do to stop donald trump because he's the guy, he got it right. he's bringing the wealth back to the united states. china doesn't like it. so they are spending a fortune on public relations and ads. did you ever see the ads? look at who is paying for them. and by the way, other countries. speak of china. it has just come out the democratic leader and the leader of the russian investigation, dianne feinstein, had a chinese spy at her driver for 20 years. and she is leading the russian investigation if that's what you call it. how about leading -- she is leading the russian witch hunt. a democrat-inspired witch hunt. isn't that something? dianne feinstein -- how come china never spies on us? there are those who say they are brutal. you should ask the people. not only china. it's a lot of people. we have to stop it. we have to stop meddling and stop everybody from attacking us. but there are a lot. rush i -- russia is there, china is there. we are probably doing we

here's one example — american lobster sales to china had been growing steadily in recent years, but thattopped when beijing hit the american lobster industry with a 25% import tax. it was retaliating against us tariffs on chinese goods. it's exactly how trade wars start. nick bryant reports from maine. the waters off maine has become an unexpected theatre of the trade war. with the local lobster fishermen in the defenceless victims of the battle that is intensifying between washington and beijing. china has targeted lobster imports with a 25% tariff.

the american farmer because china is smart and they know the american farmers love donald trump. and they say what can we do to stop donald trump because he's the guy, he got it right. he's bringing the wealth back to the united states. china doesn't like it. so they are spending a fortune on public relations and ads. did you ever see the ads? look at who is paying for them. and by the way, other countries. speak of china. it has just come out the democratic leader and the leader of the russian investigation, dianne feinstein, had a chinese spy at her driver for 20 years. and she is leading the russian investigation if that's what you call it. how about leading -- she is leading the russian witch hunt. a democrat-inspired witch hunt. isn't that something? dianne feinstein -- how come china never spies on us? there are those who say they are brutal. you should ask the people. not only china. it's a lot of people. we have to stop it. we have to stop meddling and stop everybody from attacking us. but there are a lot. rush i -- russia is there, china is there. we are probably doing we

and china have each imposed import duties on goods worth around fifty billion u.s. dollars now american companies in china are getting an easy to meet issue that our companies think about is the uncertainty that the conflict brings uncertainty isn't good for business it limits your ability to invest in new developments in a country that impacts your ability to hire new staff u.s. president trump is not just attacking the trade deficit with china he's also fired shots at beijing's industrial policies accusing the chinese government of paying high subsidies to companies in the tech sector like robotics and out official intelligence the sectors hit by tariffs are starting to hurt on both sides like in this market in beijing many have stopped ordering agricultural products from the u.s. because they've become too expensive the new duties also affect items like turbines and chemicals china's retaliation targets included raw materials like coal and gas engines of the world economy if this trade war leads to. slow down or shut down i mean that could be disaster to the world despite strong resi

china and other countries zeroed in on american farm workers with the retaliatory tariffs. ump said at the rally yesterday. >> our farmers are true patriot. [cheers and applause] because china and others have targeted china and others can remember this, have targeted our farmers. not good. not nice. you know what our farmers are saying? it is okay. lea: john, you heard what howard just said here's what are your thoughts on the potential impact to find states ahead of the midterm? >> well, the fact of the matter is europeans have agreed to buy more of american farm products whatever that means. but there is enough slack in the soybean markets for example to replace the united states production and eventually china has to either purchase american soybeans or face much higher beef costs were soybeans go. further, china has to purchase more american liquefied natural gas which has been left off of china's tariff schedule as part of their retaliation because they are really ramping up or reducing the air pollution in beijing and natural gas is a big part of that. the chinese are

president who has this very unpredictable china strategy now i think chinese leaders are waking up to the fact that many in the american government really don't trust china's intentions they don't think that a strong china is good for american interests and some people are pushing on the american side for more of a containment type policy towards china so it seems like beijing is very slowly waking up to that fact thank you very much appreciate your thoughts on this isaac stone fish see a fellow at the asia society sent to the u.s. china relations. but he's in the u.s. city of chicago have been accused of deliberately entrapping young black men activists say offices left a so-called bait shop filled with design issues in one of the city's poorest neighborhoods earing people to steal the footwear before arresting them john hendren reports from chicago. back in the truck at all she said paul you know these young people as opposed to a truck. police pull over the bait truck on locked and loaded with boxes of one thousand shoes they leave it on the side of the road in one of chicago's greenest neighborhoods locals say some

president this year finds that there's some $200 billion to $300 billion of intellectual in china offt americanomputer software, copyrights,nes, entertainment. all of this stuff is being stolen, and that can't continue. that is one of the big problems trump has with china right now, the other being that it is so difficult for american countries to penetrate the chinese market that it has created large trade deficits. , high-stakesving game of poker that trump is playing right now, and it is still too early to predict how this is going to end. those messages get mingled together and muddied for the american people? is he taking something away from the power of his argument by mixing it up with what feels like managed trade? guest: i'm a free trade guy, as you know. i want tariffs to be as low as possible, and i've had many discussions with donald trump about this issue over the last couple of years. he always says, look him i want free trade, but i also wanted to be fair. i wanted to be a level playing field. to his point, especially when it comes to china, for example, i don't agree with donald

slapping tariffs on chinese goods friendly hurts not just -- frankly hurts not just china, but american consumers. it is very immature, i think. it is amateur in its approach. it is not going to work. china is very, very strong, and in itsli natio, china will do almost anything to not be bullied by the united states. the far better tactic in myme ju would be for the united -stateshis is hard, but work with allies and addresses some of the real legitimate problems that exist in china. there is no question that china plays an unlevel playing field. it is not fair. we know the long list of actions r.they take that are not f but china will be able to play us off, the united states, with other countries, unless we as america join with great britain, the eu, japan, canada, other oecd countries. then we have a chance. jane: what does the u.s. risk by pursuing this tactic? ucmr. : president trump thinks that china is weak. it's true, it's economy is weakening slightly. trump thinks it gives the united statig major advantage to push harder, not just with the most recent $16 billion in tariffs, b

china??is with chinese-american and jewish-american? but sure enough there was a big nerve there.e.bi it is autobiographical in the sense that was my nerve and allf the facts but it is a dream a dream you're able to have.the but with the fact. t truth i but with the fact. but that that truth inn mass tht is a wise thing. but we can get that is truer oran the mere truth.our w >> that is a concept a concept throughout your work., yes, >> people say where you get this from? would and those to be what my father always laughed about. and the nature of my materialrer and what you really see to see what a chinese-american is. t and that is so far off that gapo with that and reality so almost everything that she does is wrong and it is funny. because every single time we laugh at what mona does we laugh because we realize that it is ai good kind of humor.retion to set with that reaction from 1991 in the new york times the family and i identified with white america with looking back was m thinking whatever he face i hope we do not have to conten

they are only available in china, so americans desperate to try the flavors can either headed to beijing pay the shipping cost. both flavors are available on ebay. >> chocolate and was sabe? >> chocolate and hot spicy chicken wings? >> coming up at 6, kaiser reversing course after a kpix 5 investigation. >>> and it is good news for families who need those epi- pens. will be back. captioning sponsored by cbs >> dickerson: on the "cbs evening news" from washington this wednesday: arizona says goodbye to john mccain, beginning five days of farewells to the senator. another trump aide is heading for the exit, this time white house counsel don mcgahn. and a dangerous heat wave in the northeast forces many schools to close. but first, the headlines in 60 seconds. >> the state of arizona saying goodbye to john mccain today, holding a memorial for the longtime senator at the state capitol. >> this is a very, very emotional moment for the entire mccain family. >> white house counsel don megahn is leaving. >> this all comes less than two weeks after mcgahn sat down with special counsel robert muel

americans. and a republican in virginia works as the lead lobbiest for a chinese video surveillance company. and even john boehner is a pro-chinaist. you heard so and so is acting against american interest. have you a bipartisan collection of people working against american interest and that's okay in washington? how's that work? >> the operations have been extremely effective. they're literally buying up officials and have interests in china to do their bidding and very little is being done about it. we hear about russian influence operations. what china has been doing in the last 30 years is luge compared to what the -- huge compared to what the russians have done influencing the government and changed the american foreign policy towards china. >> tucker: and china has promise to overtake the united states as the preeminent nation in the world. why's it socially acceptable for john boehner, god help him, to lobby openly on behalf of china. why doesn't anybody say what are you doing acting against america's interest? >> there was a narrative through successive republican and democratic administrations that china was not a thre

were dropped against five chinese-born scientists who are american citizens. >> xi: the fact that they would suspect us stealing secrets for chinawe're american. >> whitaker: more than 40 members of the 114th congress called on the justice department to conduct an independent investigation of whether xi and chen were targeted because of race. the justice department denied it and didn't speak to us on camera but, in a statement, said, "we investigate and prosecute individuals based on known or suspected criminal activities or threats to national security, not based on race, ethnicity or national origin." chinese theft of american trade secrets is a real problem. >> excuse me, can i help you? >> forgive us. >> whitaker: the f.b.i. made this video to alert agents, prosecutors, and the public. the agency says it's based on real events. >> go, go! f.b.i., f.b.i.! >> there are a ton of ways the government can come at you. >> whitaker: it's all having a chilling effect. some of the most prominent chinese americans started holding seminars around the country to caution scientistsctr innocent could look like espionage. >> if you're going

we start off the programme with us china trade talks and american companies affected by washington's r with china are getting the chance to speak up this week. overnight, government officials started public hearings on the next set of tariffs that president trump has threatened to impose on chinese goods, this time worth $200 billion. with tariffs on more goods coming into effect on thursday, this brings the total amount of goods subject to ta riffs the total amount of goods subject to tariffs on both sides to $50 billion us. as the dispute continues, it is not just china us. as the dispute continues, it is notjust china or the us that is affected. asian economies are intricately linked to china's fortunes. many made in china products have components from other countries, and so what hurts beijing hurts countries further afield like south korea, taiwan or singapore. our asia business correspondent has the full details. in the 50 years he has run this business, this man hasn't seen anything quite like this. he and his daughter, joyce, are trying to figure out how their family business

earlier this year china hit american wine with fifteen percent tariffs and that seen many orders put on hold rob reynolds reports now from california's wine country. like a cascade of green and gold and jewels right sauvignon blanc grapes fall into a press at the one exam lee winery in california's napa valley it's one of many steps toward creating premium wines that sell for as much as one hundred dollars a bottle here in the heart of california's wine country growers have to contend with the weather fluctuating markets taste trends and now a trade war. would he feel when you walk through and see all of the. fear here one of your own or michael who is afraid that relationships he spent a decade cultivating with chinese wine merchants have now been ruined he saw about twenty five other countries outside of the u.s. and china certainly one of the top two or three after president donald trump placed tariffs on a range of chinese imports in march beijing retaliated with tariffs on u.s. agricultural products including wine growers protested but to no avail now u.s. wines are priced out o

some between stalin and the american or something to salvage that vision. at the beginning, china is seen as groundswell operation. you can't win. i don't want trouble. you really need to cooperate with marshall. the americans are telling the nationalist company you've really got to cooperate. as the months go on, we start to see the first signs of the cold war, what becomes cold war. marshall is adequate to be the pinnacle of success. he goes on this tour and spent several days going to all these places that had been war-torn for years and years and working out a piece kind of location by location in the culminating spot he goes to the desolate communist headquarters for almost a decade for the long march ended and there's this incredibly daring remote place guarded by regimes are they living in these caves in the mountains. marshall has this 24 hour visit that it's kind of incredibly eerie and bizarre in retrospect because you see them sitting there talking about this peace and friendship and the communists getting orders for this moment to their followers to his are pursuing th

companies and businesses are insulated from this continuing trade war while earlier this year china has american wine with fifteen percent tariffs but seen many orders put on hold rob reynolds reports now from california's wine country. like a cascade of green and gold and jewels right sauvignon blanc grapes fall into a press at the hornick family winery in california's napa valley it's one of many steps toward creating premium wines that sell for as much as one hundred dollars a bottle here in the heart of california's wine country growers have to contend with the weather fluctuating markets taste trends and now a trade war how would he feel when you walk through and see all of this. fear here winery owner michael hoenig is afraid that relationships he spent a decade cultivating with chinese wine merchants have now been ruined you saw in about twenty five other countries outside of the u.s. and china certainly one of the top two or three after president donald trump placed tariffs on a range of chinese imports in march beijing retaliated with tariffs on u.s. agricultural products including wine

farmers during this time, where china is targeting the americanarmer. because china is smart and they know american farmers love donald trump, and they say, what can we do to stop donald trump? because he is the guy, he got it right. he is bringing the wealth back to the united states. and china does not like it. they are spending a fortune on public relations and advertisements, you ever see them? look at who is paying for them. and in other countries. speaking of china, it has come out that the democratic leader and the leader of the russia investigation -- [booing] pres. trump: dianne feinstein had a chinese driver for 20 years and she is leading the russia investigation. no, she is leading the russia witchhunt. a democrat inspired witchhunt. that is something, isn't that something? dianne feinstein. how come china never spies on us? you should ask people what is going on. it is a lot of people. you have to stop it, we have to stop meddling, everybody from attacking us, but there are a lot, russia is there, china is there -- we are doing well w

china and some analysts say u.s. penalty tariffs on chinese products are less a response to illegal state subsidies by beijing and more a last desperate attempt by the americans to stop china taking the technological lead. the tariff to st is already hitting one of those key technologies china is going to master the robotics industry annualized growth rates for chinese robot production dropped from thirty five percent in may to just six percent last month officials say it has nothing to do with trade but others see an obvious leg. the world robot conference in beijing is the place to be when it comes to cutting edge robotics these models are intended for export but the trade dispute is taking its toll on robot production in china which has declined sharply in recent months many investors are waiting to see how the situation develops. sudsy last last february. you're not going to sit. there very soon. maybe that is. actually. true. some economists are already seen a bit of effects on the robotics industry. the trade war will have an impact on the production of robots it will reduce the production of robot because exporters will worry. export orders growth so t

statement -- now this is an escalation against china because the administration has not seen china protect americanlectual property or lower tariffs. in fact china retaliated trying to target specifically farmers in the united states. there's a feeling within the administration that if they increase the tariff on a smaller number. 200 billion still a large number, but if they increase tariffs on a smaller number as opposed to the 500 billion the president could go to, it covers fewer products therefore less of an impact to u.s. consumers. could not go into effect until september 5th. back to you. melissa: interesting, thank you. david: met life reporting second quarter results. shares are higher after hours following a beat on earnings and revenue. the life insurance company citing solid expanse management all over the world and maintaining a strong free cash flow, but up a solid 1% after hours. melissa: working to block trump's supreme court pick, president trump, that is. democrats ramping up fight for kavanaugh's time working in the white house. north dakota senator john hoeven who met with pres

be renegotiated shouldn't they well the point there is that it isn't whether china should open its markets or whether americans have a right to market china does it every government does what it's best for its own people regardless of the abstract moral issue and granted now up until now china fuz that it can do a lot of things that. trade and in other areas because it's got this huge trump card one point four billion people a market of one point four billion people and everybody wants a slice of that market now by day that market china has been able to push the envelope on a lot of things of trade and investment. transfer of technology but the trouble is that the rest of the world americans in particular i getting a bit tired of them having promises t.j. they're tired of promises promises promises so what they want now is give us something specific way how where what don't just say that yes we will put up some date kind of thing and i think that's what's causing the sticking point in the negotiations do you think child china will be prepared to address the criticisms that it's faced over its currency manipula

and china have each imposed import duties on goods worth around fifty billion u.s. dollars now american companies in china are getting on the easy to meet issue that our companies think about is the uncertainty that the conflict brings uncertainty isn't good for business it limits your ability to invest in new developments in a country that impacts your ability to hire new staff u.s. president trump is not just attacking the trade deficit with china he's also fired shots at beijing's industrial policies accusing the chinese government of paying high subsidies to companies in the tech sector like robotics and out official intelligence sectors hit by tariffs starting to hurt on both sides like at this market in beijing many have stopped ordering agricultural products from the. u.s. because they've become too expensive the new g. d's also affect items like turbines and chemicals china's retaliation targets included raw materials like coal and gas u.s. and china are two engines of the of the world economy if if if this trade will lead to and. you know slowdown will shut down i mean that cou

china is targeting the american farmer because china is smart and they know the american farmers loved trump they say, what can we do to stop donald trump because he finally, he is the guy, he got it right. he is bringing the wealth back to the united states. not like it, so they are spending a fortune on public relations and dad. have you seen these ads? who is paying for them? other countries. speaking of china, it just came out that the democratic leader and the leader of the russian investigation -- [booing] pres. trump: dianne feinstein and had to -- dianne feinstein had a spy as her driver for 20 years and she is leading the russian investigation, and no, the russian witchhunt. the democratic inspired witchhunt. isn't that something? diane feinstein had a chinese driver. how come china never spies on us question mark are those that say, boy they are brutal, you should ask what is going on? not just china. we have to stop meddling, we have to stop everybody from attacking us. there are a lot. russia is there, china is there. hey, we are doing well with north korea. but they are p

and today, we are looking at the impact of the tariffs we were just mentioning, the americans and china imposing on each other. american penalties fly to $16 billion worth of chinese goods, including automobiles, factory machinery, and metals. we have not seen a lot of concern in the markets, will, about what we are seeing on the tariff front. and so we have not seen gold catching a bid at all this year, despite some of the geopolitical tension and risk from tariffs. is gold as a safe haven broken right now? will: it is not broken, but it has definitely been mutated, as -- muted, as you say, because while you have had a lot of potential news around tariffs and sanctions, which ordinarily you might expect to effect gold positively, that has been muted by a stronger dollar. that has really been the main thing. julie: i mean, the dollar has really overwhelmed any other factor. is that going to continue to be the case here, that we are going to see a similar trade for everything kind of trades off the dollar versus these other factors? will: i think that the dollar has been strong, and that