david: what about china?: that is the biggest geopolitical, in my view, challenge facing american policymakers today. how we react to the emergence of china as the new global superpower. she is already an economic superpower. i mean as political insecurity. david: our relations with europe seem to be under duress. james: i think it is important for us to understand and recognize that america's strength is founded in large and its alliance. part on its alliance. we have alliances around the world that permit us to leverage our economic strength, military strength, diplomatic strength. those alliances are extremely important. they take care in feeding. we need to do a better job of caring for them and feeding. david: on the iranian agreement, would you have done the deal that was done under president obama? would you have pulled out as president trump? james: i don't think we should have gotten into that negotiation to begin with. i think it was a mistake. if sanctions were beginning to bite iran, and i think i

[laughter] david: well -- [laughter] david: that was later when he lost.ughter] david: you have now managed the campaign that lost for president. what did you decide to do? did you decide to go back to texas? james: yes. i tell people every time we lose an election, i come back here. a lot of people stay up there. i do not want to do that. david: you decided to run for attorney general. james: well, i had been bitten by the political bug. because that convention was really close, very exciting. and by the way, we only lost that election to you guys by 10,000 votes. out of 81 million votes that had been cast. you turn 10,000 votes around and iowa and hawaii, ford would have been president, carter would have never been president. i was bitten by the bug. i had a practiced law for 18 years, and i was coming back here and i said to myself, well, maybe you ought to try your hand at this political game. david: and while you were campaigning, you point out somebody came up to you and said, you look like jim baker. james: i had a gotten a lot of press time as ford

david: ok.ughter] masayoshi: 45 minutes, $45 billion. [laughter] dak, sorry, in otherds, ifou had had -- masayoshi: $1 billion per minute. [laughter] david: what could you have said that was that persuasive to get $45 billion in one meeting? masayoshi: i said, you came to tokyo the first time. ou a gift. i want to give you a masa gift, a tokyo gift, a $1 trillion gift. ok. he opened now, it nteresting. david: all right. masayoshi: so, i walked up to him and said, here is how i can give you a $1 trillion gift. you invest $100 billion to my fund. i give you $1 trillion david: but what is it you told people? what was the vision you gave them? masayoshi: well, one vision, which is singularity. singularity is the con the computing power, computer cial intelligence surpass mankind's brains. david: the singularity is the concept, that is the word means, that is the point at which a computer becomes smarter than a human brain. masayoshi: yes already, computes smarter than mankind at chess, or go, or wea

anyway, david, here we go. david: very impressive.t: what we have here, this center is designed to really capture all of the records of the african-american experience. there is the records that were institutional. when you think about the bureau and other places, we can capture those and digitize them and we can have access to them. this is the best of the institutional records, but the real beauty here is how do you go and give everybody a chance to put their family's history and their narrative as part of the u.s. environment, or part of the u.s., here in a place where generation upon generation can now find who they were, how they contributed, and not just the 500 people we see represented that everybody knows, but the millions of people. david: what about your family? robert: i hope they are here. but i'm excited. we should probably take a look to see if any of that is accessible at this point. ♪ >> in ancestry in a family search, you can search for individual people. the first hit we get is in world war ii. robert: 1915, 1914. t

david: -- tim: i thought i was making the wrong call. david: why is it called the apple watch?im: i like apple watch. david: well, you are the ceo, so. [laughter] >> would you fix your tie, please? david: well, people wouldn't recognize me if my tie was fixed, but ok. just leave it this way. alright. ♪ david: i don't consider myself a journalist. and nobody else would consider myself a journalist. i began to take on the life of ing interviewer even though i have a day job running a private equity firm. how do you define leadership? what is it that makes somebody tick? [applause] david: quite a reception you got here. it is for you. you have now been the ceo of apple since july 2011. the earnings are up 80%. have you ever thought you can't do better than this and maybe you should just say, well, i have done a great job and i will do something else with m le? view the stock price, revenues, and profits as a result of doing things right on the innovation side, on the creativity side, focusing on the right products, treating customers like jules, and -- jewels, and focusing on the

david: you get a call from steve jobs. tim: there was a sparkle in his eye that i had never seen in a ceo before. david: did your friends tell you this was not a good idea? tim: they told me i was nuts. david: warren buffett still uses that flip phone. tim: i told him i will personally come to omaha to do tech support for him. david: you exposed your own personal life a bit. tim: i thought i was making the wrong call. david: why is it called the apple watch? and not the iwatch? tim: i like apple watch. david: well, you are the ceo, so. [laughter] >> would you fix your tie, please? david: well, people wouldn't recognize me if my tie was fixed, but ok. just leave it this way. all right. david: i don't consider myself a journalist. and nobody else would consider myself a journalist. i began to take on the life of being an interviewer even though i have a day job running a private equity firm. how do you define leadership? what is it that makes somebody tick? [applause] david: quite a reception you here. tim: i thought it was

david: very impressive.t: what we have is the center is designed to really capture all of the records of the african-american experience. there is the records that were institutional, when you think about - and other places, we can capture those and digitize them and it can have access to them. this is the best of the institutional records, but the real beauty is how do you go and give everybody a chance to put their family's history and their narrative as part of the u.s. environment, or part of the u.s., here in a place where generation upon generation can now find who they were, how they contributed, and not just the 500 people we see represented that everybody knows, but the millions of people. david: what about your family? robert: i hope they are here. we should probably take a look to see if any of that is accessible at this point. [laughter] ♪ >> in a family search, you can search for individual people. the first hit leak it -- >> 1914, that is him. yeah. >> there we go. robert: there you go. >> what

david: who do you report to?oon: i have a board of directors, the board is chaired by the crown prince of abu dhabi, so we have a strong board, very present board. the board meets on a monthly basis. david: he is the crown prince, but day-to-day key is in charge of running the operations of the government of abu dhabi, that is fair to say? khaldoon: that is fair to say. david: is it fair to say you are close to him? khaldoon: i have worked with him for 17 years. david: i guess you are pretty close. when he comes julie hyman states and meets the president of the united states, do go with him sometimes? khaldoon: yes. david: have you met president trump? khaldoon: i have had the pleasure and honor to meet with president clinton, president bush, president obama, and now president trump. david: you do this and other parts of the world as well. khaldoon: yes. david: how much of your time is running the day-to-day mubadala operation, and how much related to government issues? khaldoon: the best part of my job is i don'

david? david: let's turn to trade.n on the united states and china, but less attention has been paid to the united states and europe. we have very substantial trading relationships with europe. europe and the u.s. together account for global gdp of 50%. states that export more to the eu then china. we welcome now david o'sullivan, the eu ambassador to the united states. welcome, mr. ambassador. david o.: my pleasure. thank you. jeopardy isw much there around this relationship? david o.: the first point is really just to emphasize what you said and the graphic. the transatlantic economic corridor is the most important in the world, bar none. the european union is for the united states and the u.s. is for us the single most important trading partner. this works on trade, investment. 70% of foreign direct investment in the united states comes directly from the european union. we really welcome huge american investment in europe and american companies make an awful lot of money operating in europe. the stakes are very high

david: so i guess you are pretty close.hen he meets with the president of the united states, does he ask you to go with him sometimes? khaldoon: yes. david: have you met with president trump? khaldoon: i have had the pleasure to meet president bush, president obama, president trump. david: you do this and other parts of the world as well? khaldoon: yes. david: how much time is running the day-to-day operations and how much is dealing with government related issues? i have an organization. one of the things i have tried to do to my career is always surround myself with talented individuals. i have been lucky. i have for top-notch seo's -- me.s that report to always hire the best. have amake sure you strong have a strong stable of talent around you and that allows me to do so many things. i have a significant commitment of my time working, obviously, for his highness. time traveling with the many places around the world. david: would you ever going to the government full-time or are you happy where you are? highness is a his

david shannon, just 40, was dead. all it took was a look, in fact, for lead detective mike murphy to see what happened in david's bedroom was highly intentional. >> it was an execution. the intruder came in while he was sleeping, placed a gun to his head, and shot him in the chest. >> and joan? the shock of it didn't help, of course, nor the fact that she was sound asleep when it happened. by the time she calmed down enough to talk to police, she wasn't very helpful. >> i did not clearly see the person who shot david. i'm not sure if i saw or just had a feeling of somebody just leaving the room. but -- i thought it was a shadow. >> did you actually see a shadow or did you tell the police you thought it was a shadow? >> it was a movement, like a shadow that left. >> she was worried about the safety of the children. she returned back to her bedroom. that's where she made the 911 call. >> the children. joan and david's eldest daughter daisy was out of town. but their two young boys, just 7 and 10, slept through it all, u

. >> david: yeah.f out of the city, for sure. >> anthony: fred morin and david mcmillan. restaurateurs, chefs at the legendary joe beef, bon vivants, raconteurs, historians of their beloved great white north. princes of hospitality. and what do men like this do for fun when the rivers turn to ice three-feet thick? when testicles shrink and most of us scurry for warmth and shelter? if they were like so many other canadians, they would go ice fishing on the st. lawrence river. >> david: the cabin fever induces in the québécois family. because we are confined, perhaps, to spend so much time indoors, a lot of the families love to do, you know, activities together like this. go to the cottage. go ice fishing. you know, it, like, gets you out of the house. and it's very much a family thing. >> anthony: like many of their ilk, they'd seek one of the temporary small towns of sled-borne cabins, drill a hole in the ice, and wait. but these are not normal men. so is quebec better than the rest of canada? >> fred:

david, i forgive you.ot going to allow myself to let you rule my life anymore. >> but there's a question for which she will never get an answer. >> why and how could he ever harm such a nice person. i mean, nici was -- was such a good person. >> the hardest question, always the "why?" the coldest fact, the young woman gone too soon. >>> that's all for now. >> i'm craig melvin. thank you for watching. >>> i'm craig melvin. >>> and i'm natalie morales. >>> and this is "dateline." >>> three people come to me wearing suits, and one of them tells me that he hadn't made it. and i was like, no, he did. just go check. they come back and tell me, mrs. hall, your husband didn't make it. >> two women racing down a texas highway. >> she saw me, and then made the u-turn. >> bonnie, the mistress, in one lane. >> i looked in my rearview

david: you became involved in philanthropy.im: philanthropic endeavors are part of my family dynamic. we have to ensure our society is a just a society. >> would you fix your tie, please? david: well, people wouldn't recognize me if my tie was fixed, but ok. just leave it this way. alright. ♪ david: i don't consider myself a journalist. and nobody else would consider myself a journalist. i began to take on the life of being an interviewer even thou i have a dob of running a private equity firm. how do you define leadership? what is it that makes somebody tick? when you were growing up in , the son of school teachers, did you ever think you would become the wealthiest african american in the united states? i was raised in a family of achievers. , not only to my brother and i, but to the rest of my family, becoming educated, working hard, and becoming the pinnacle of success in one's community. when i look back at those days and the formative elements of io we were in our community, saw parents who gave generously of time, energy

david: jay timmons, thanks. melissa: did the fbi edit witness reports on two separate investigations, that's coming up. >>> plus president trump signing executive order on immigration amid outcry from both sides of the aisle. chairman bob goodlatte responds to this and the immigration bills on the hill tomorrow, next. >> really, really pathetcally weak. the country is going to be overrun with millions of people, and if you're strong, then you don't have any heart. it's a tough dilemma. perhaps i'd rathering strong. d . . . i've always been about what's next. i'm still giving it my best even though i live with a higher risk of stroke due to afib not caused by a heart valve problem. so if there's a better treatment than warfarin, i'm up for that. eliquis. eliquis is proven to reduce stroke risk better than warfarin. plus has significantly less major bleeding than warfarin. eliquis is fda-approved and has both. so what's next? seeing these guys. don't stop taking eliquis unless your doctor tells you to, as stopping

david: exactly right. we were talking about wall street beat -- somebody got ahead of that. maybe now they are feeling some pain. david: this is bloomberg. ♪ david: president trump returned from his summit with north korea's kim jong-un in singapore. comes next, even as open issuest remain on u.s. trade relations with china, canada, mexico, and europe. we welcome pat toomey, republican of pennsylvania, a member of the senate finance committee. thank you for spending some time today. want to talk about trade and the relationship between congress and the president. we have to mention the summit. give us your thoughts on what you thought was accomplished, what the senate can do to support this effort. >> i think what is accomplished is conversations have begun, that is really all. what we need to see is very concrete, verifiable, irreversible steps of denuclearization. obviously none of that has happened yet but the discussion apparently has been launched. insist that this is entirely verifiable and a reversi

david: personal ambitions?hing forced him -- >> he has been sounding like a presidential candidate for the last three weeks. david: thanks for instantaneous analysis of howard schultz incident. thanks, very much, dan. melissa: your plane ticket might get more expensive. american airlines say they might have to charge you more. >>> the administration is getting ready for a historic summit with north korea just as syrian leader bashar al-assad is looking to make his move, next. >> until they walk into the room that day, don't assume it will happen. i can imagine at breakfast that morning the whole thing blowing up. ♪ until... we lost it. today, we're renewing our commitment to you. fixing what went wrong. d endingroduct sales goals for branch bankers. so we can focus on your satisfaction. it's a new day at wells fargo. but it's a lot like our first day. wells fargo. established 1852. re-established 2018. hi.i just wanted to tell you thdependability award for its midsize car-the chevy malibu. i forgot. chevy also

david: thank good news for the i.g.he inspector general shared information that rod rosenstein was withholding. more information about the peter strzok lisa page memos and what they were planning to do, and what they did do, in one case switch from the hillary clinton investigation over to the russia investigation. and they came out with more information about other fbi officials that apparently had just as much anti-trump boy as as peter strzok did. and they came out with information about copy being under investigation. at least we have information from the up spector general. >> the question is what happens next? all these folks have been implicated in setting up the mueller investigation. why is the mueller investigation sack crow san --investigation no scrutiny. we sued the justice department for the transcripts. the justice department told us we don't have any transcripts. david: unbelievable. what we did find out this week was very revealing from the inspector general. it was a tale of two cities seeing rosenstei

back to you, david. david: unbelievable. melissa,. melissa: peter brookes, former deputy secretary of defense for europe and asia. what is reaction you just heard? >> there are number of things, melissa. the u.s. japan relationship seems to be in good shape. shinzo abe has same concerns about the abductees and north korean missiles. the president has concerns about trade. this is prosperous relationship between these two. that is good. japan doesn't want to be left out of it. north korea, secretary of state mike pompeo is actually holding a press conference talking a little bit about this. it seems positive. they seem to be ready for the, for the summit next week. of course i think that it's a good idea to keep expectations modest. this is a first visit. there is a lot of heavy lifting to do. melissa: one of the concerns though, prime minister abe, his focus is on those short-range, medium-range missiles. >> yep. melissa: kim jong-un isn't going to give up everything it wants. the president is focused on nuclear weapons. obviously tha

david: welcome to "bloomberg daybreak." i'm david westin with alix steel. harley davidson, as we know there was a retaliation against harley davidson specifically. 6% tothe tariffs went to 31% for those being imported to the european union. it looks like they will take a hit. david: but the symbolism is important. a quintessential american brand. and one of the effects will be shifting production, so that is not good. alix: it does not mean good things for jobs in a country where donald trump wanted to bring them back. we are waiting for the morning tweets. david: we will see. they were targeting ryan because he is from wisconsin. alix: not helping the risk off sentiment that is percolating through the markets. take a look at s&p futures, down 17 points. over 200 for the dow. is where you go for safety. and a little bit of buying in the long year, 10 year, up a little bit. and i am trying to understand what opec did in the last 48 hours. can you tell me? david: if you do not know, i am sure i do not know. alix: we will work it out. david: time for the morni

david: did you get resistance?ne challenge for a leader taking over a successful organization with a great reputation is -- why do we need changes? we are doing fine. one assumes it is easier to take over an institution perceived as failing because you can make changes more easily. alex: of course. one thing we did early is an evolution from completely centralization to one where we needed to standardize and in some cases centralize certain functions and practices. for example, our quality practices. things in our information technology group had too many systems. we were neither effective nor efficient. david: we talk about purpose and values. that sounds great. that is wonderful when they are aligned on one side. as a practical matter when you are a leader, sometimes they don't align. there are tradeoffs that get trickier and that gets into the essence of how you make decisions as a leader. i want to give you an example. maybe a good example, maybe not, remicade, an important drug. it was very important for johns

david: mr.tary, i think there is no one who knows about the situation who would deny china has been protectionist. i don't think anyone would take exception to that. what happens when there is tension on the one hand between growth and jobs, which is what the president's first order of business was? that on one side and getting fairness and reciprocity. would you rather have less trade and growth and have it be fairer and more reciprocal? sec. ross: we want it to be fairer and more reciprocal. reciprocity is an important key note to our trade policy. the question is, how do you get there? the only way we are going to get foreign countries to lower their inordinate barriers is by making it more painful for them to continue those practices then continue them. game thatout an end really is free, fair, and reciprocal trade. it is not about trying to make money out of tariffs, that is not really the end game here at all. we need something to induce changes in their behavior and it is already happenin

david: the u.s. a defeat at the hands of a judge that ruled that at&t could proceed with acquisitions time warner without any restrictions. we welcome a prominent member of the trust bar, logan green. good to have you with us. is the head of the antitrust department, regret that he ever bought this case? doan: whenever you lose you some monday morning quarterbacking and reconsider. i don't think the department of ice antitrust division is afraid of cases. they will challenge, anticompetitive and whether they win or lose they will do it. i don't this wildissuade them from bringing cases they think are violations. david: they didn't just lose. he lost big-time. the judge went there 172 pages and did not find anything persuasive on law or fact. will this be cited by other people in future cases, that might not be helpful to the government? logan: absolutely true. this case ll snds edentdent, -- as prec for how companies think about mergers in the future. this will make it much more difficult for doj to

david: welcome to "bloomberg daybreak: americas." i'm david westin.ts are pretty calm. today. meeting starts investors are overweight u.s. stocks for the first time in about 15 months. there is some optimism on the sidelines. euro-dollar pretty much flat. at 2.97.ar a little bit of a selloff. the 30-year is where we will see a selloff today. crude a little softer after questions about opec demand. david: time for the morning brief. 8:30 this morning, we will see the cpi data for the month of may. , $14 u.s. treasuries billion in 30-year bonds. and after 4:00 today, a u.s. district judge will announce his decision on whether to approve or block at&t's purchase of time warner. alix: david has been waiting for this for months. president trump has l singapore to the united states. before he departed, he gave an extended news conference going over his discussions with the north korean leader and all that he believes they accomplished. timy meeting with chairman was honest, direct, and productive. we are prepared to start a new history and we are prepared t

david: happy friday, to everybody, i'm david asman. glad you could join us this is "after the bell." more on big market movers. here is what else we're covering for you at this busy hour. president trump in the lion's den meeting with key leaders from g7 in canada. they are looking to directly challenge the president on u.s. tariffs when they did down with him this afternoon. we're live in quebec with the very latest. after that, the president heading straight to singapore, the historic summit with kim jong-un. preparations underway for what could be the defining moment in his presidency. here at home the long-time security director for the senate intel committee now facing charges of lying to the fbi as part of an investigation into the leaking of classified information. congressman louie gohmert of the house intel committee sounding off on that. our guest this hour, for example media chairman, steve for example and karl rove, former senior advisor to president george w. bush. melissa: the dow shrugging off trade concerns as summit ge

david: welcome back. i'm david asman in for lou dobbs.ly members of loved ones killed by illegal immigrants. president trump: these are the stories that democrats and people who are weak on immigration, they don't want to discuss, they don't want to hear or talk about. >> 63,000 americans since 9/11 have been killed by illegal aliens. >> remember when you go home and hug your kids, there are many of us, thousands of us who don't get to do that anymore. all politicians, i don't care what side you are on. you don't want your child in a casket or urn. get it together for god's sake for this country and our citizens. david: she was holding an urn which is all that remained of her son. congressman, this one of the most of powerful meetings at the white house i have ever seen. i'm wondering what you thought about it. >> whenever you are talking with families who lost a family member in any situation, but particularly when somebody has been killed or murdered and you look at the situation that led to the murder and find out there was an illegal

david, you know barbara comstock. but let's begin with you. >> david: yes, i do.oldest daughter's godmother. i have known her for about 25 years. she is a dedicated number of congress who does an outstanding job. and she is going to win this november and sound. she is in a tough race, but she's going to win it. let me just say this. he is in second or third place, this is a desperate move in a democratic primary to make himself different from the rest of them. but all of the candidates in this primary, everyone on the democrat side, they are all crazier than the next one. they are all hard-core leftist. and i think that barbara will beat whoever wins. >> dagen: it is in northern virginia. runs into winchester, runs across the top of virginia. and i thought you are talking about usama bin laden. people in that part of virginia, probably individuals who died it during the terror attacks. and i just felt like it was -- >> david: barbara's best friend, ted olson's late wife was on one of the planes. barbara comstock felt 9/11 just like every other american, may be mor

david: i'm david, glad you could join us. here is what else we are covering for you in a very busy hour. vowing their lowseses won't be in vein, president trump holding a powerful event whose parents have been -- who is children been killed by immigrants. this is house republicans push key immigration vote into next week, the latest from inside the beltway. meanwhile it's d-day for doj, today is deadline to hand over documents relate today russia and clinton e-mail probe to congress. speaker paul ryan threatening action against rod rosenstein if they don't. we are going to tell you where things stand right now and what could happen to rosenstein and the president threatening to retaliate as european unit tariffs more than $3 billion worth of u.s. products go into effect including motorcycles, bourbon, peanut butter, more on that. melissa: dow snapping 8-day losing streak. nicole petallides in the floor of the new york stock exchange. nicole: comes as no surprise as we have the russell rebalance here, thousands of stocks that

david: i understand.s a lot of weeds, as a former judge, when you were a judge sitting on the bench you must have seen prosecutors trying to make a big name for themselves. i know mueller has a distinguished career. he is an older gentleman in his 70 but doesn't that -- >> he destroyed a lot of innocent people. he destroyed -- david: seems like he is on a mission to get the president come hell or high water. am i wrong? >> that is exactly. that is his mode of operation. he has done it repeatedly. he wanted to destroy stephen hatfield, who had nothing to do with anthrax. he destroyed his life. he wanted to keep people in prison that his fbi agents had framed in boston. so he kept writing letters, keep them in prison, even though everybody knew they had been framed. his mode of thinking if i dislike you, then i need to find something to try you for because, i don't like you and because i'm holy, you must be a bad person. david: congressman, we're a nation of laws. >> exactly. david: not of men. >> exactly.

david: help me on this.re against certain things but in favor of candidates that are for those things that they're against. explain it to me. >> it's like the bullet train. voters pass the stupid bullet train that is supposed to cost 44 million. experts expect it will cost well over $1 billion. but democrats still want they just want somebody else to pay for it. half the country believes it's a free lunch and the other half believe the other half is stopping them from eating it. i think all live in california. david: larry, there is also the sanctuary state law which more and more youookt a and all those pinpricks are beginning to add up of t cities and towns against this thing. there are these other issues that the people are against though they keep voting for those who are in favor of those things? >> david, there are, if you look at the polls en masse, most californians are supporting the sanctuary laws, don't want the wall and donald trump as i said many times, probably the only public figure in califor

alex: david, it is great to be here. david: i want to take you back.ight now, you run a big company, 134,000 employees. let's go back to 1982. fresh out of west point. you were a lieutenant, had a platoon, 22 young men. they were dependent upon you. and frankly, you were putting them, sometimes, in harm's way. how are you a different leader today than you were at 22? alex: well, hopefully, i have grown, matured a lot. look, what i would say is, starting in the military, you have so much to learn, much like you are when you are a ceo. i think a lesson i learned in the military early on is you have got to earn the right to lead and to be in command. while you may have a rank on your sleeve, that does not immediately bestow upon you the respect and credibility with your soldiers. so going in very early on in my career, being able to listen to senior noncommissioned officers, being able to be trained by them, in many ways, is very similar to what i had to do at johnson & johnson. when i was at the academy, when i was in the army, it was about duty, honor,