from davos switzerland.davos is a municipality in the country honor of go bend or crease song at one thousand five hundred sixty metres it's the highest town in europe and home to one of its rulings biggest ski resorts with six main ski areas totaling three hundred twenty kilometers of slopes. good morning i got thirty six day trip to start everyone else. the feeling of skiing it's time to have some pasta to charter a bunch of. let. me make the comment about the great. one such place. the time for us to sit in this ice skating rink. so for have some little hope. that looks like i'm christmas. in the to get a little while before you talk about the retelling that we are getting desperate. for. such and such a good experience. we're now taking some bet it's called blog. today we're on day they are called charm which is another reason. ski and snowboard spot right next to the horse sometimes and i've heard the word pull down that. i'm not proud of all the time so let's. go i'm. going to go with his mom gets me t

from davos switzerland.davos is a municipality in the country on earth grow abundant or great song at one thousand five hundred sixty meters it's the highest town in europe and home to one of its rulings biggest ski resorts with six main ski areas totaling three hundred twenty kilometers of slopes. good morning i got up early today to hit the slopes for everyone else. after a full day of skiing and some time to have some tough stuff and charge a bunch of money. being made the comment about breaking the law firm was. the time for us to step in his ice skating rink. we have some little hope this year . that looks so elegant crystal. looking up to the best little while it was at least some of the we're getting there we're getting. the flake thanks to your logo. we're now taking these bad guys it's called. today we're on the yard called song which is another really popular ski and snowboard spot right next to the city center and i've heard the word pull down that . are not possible to let. the i'm. going to go t

davos didn't mean a thing it ever said. >> that was president trump's message at davos.mean his message? >> yes. lou: i was going to say, the globalists at davos, their ears are still ringing. >> american industry has to pick up the bill too. think of all of these great industrial companies from the past that lost their way. they decided they wanted to be more like banks. i can name some of them. that was a giant mistake we all can't be gol goldman sac. if we make autos, focus on making autos. that's what the germans do and the germans have giant trade surpluses despite the fact their labor is just as costly if not costlier than ours. lou: it is. by the way, it's because their trade policies and they've been sucking the united states dry since the '60s for cryin' out loud. we're going to be back with more. we're waiting on peter navarro. we're having a technical problem at the white house. we do not know why. we're trying very hard to fix our camera or whatever it is that's technically incorrect because he really needs to be a part of this conversation. we'll have more w

from davos switzerland.divorces a municipality in the country on earth go bend or crease song at one thousand five hundred sixty meters it's the highest town in europe and come to one of its rulings biggest ski resorts with six main ski areas totaling three hundred twenty kilometers of slopes. good morning i got up early thursday to get to so everyone else. to clear skiing it's time to have some pasta shot or a patrol. you made the comment about my great uncle one of the folks. at. the time for us to sit in his ice skating rink. and so forth have some little hope to see a lot of folks so elegant christmas. looking up to that little while before you bought the car they were getting there we're getting back to. the fire like people here all over. we're now taking these bad guys it's called blogging. today we're on bejar called song which is another really popular ski and snowboard spot right next to the horse sometimes and i've heard the word pull down the. pike not talk so much. about i'm. going to miss my sl

from davos switzerland.divorce is a municipality in the country on earth go abundant or three songs at one thousand five hundred sixty meters it's the highest town in europe and home to one of switzerland's biggest ski resorts with six main ski areas totaling three hundred twenty kilometers of slopes. good morning i got thirty friday to get to so everyone else. after a full day of seeing it sometimes i have some hostile charges which. made. me feel uncomfortable about our lives my friends. the family. the time for us to sit in this ice skating rink. so for some of the folks here. that looked so elegant christmas. looking up to the best little while it was a little hot. for me getting there but we are getting back to. the fireplace experience oh. we're not taking these steps it's called blogging. but. today we're on the yard called song which is another really popular ski and snowboard spot right next to. them so and i've heard the word pull down that. i'm not talking so let me start. going to go this is my e

with apologies>>> davos sat down with lesley stahl and offered responses widely criticized. >> are the public schools in michigan gotten better? >> i don't know. overall i can't say overall that they have all gotten better. >> education secretary, betsey davos appeared on 60 minutes unable to answer question as the bout schools in her own state. >> have you seen the really bad schools? maybe tried to figure out what, what they're doing? >> i have not, have not, have not intentionally visit itted schools that are underperforming. >> maybe you should. >> maybe i should. yes. >> according to u.s. news and world report, michigan ranks number 36 overall in education. davos has championed school choice proposals which take funds away from underperforming public schools and invest in charter and private schools. >> the public schools here are doing worse than they did. >> michigan schools need to do better. there is no doubt about it. >> this afternoon. devos defended. missing from 60 minutes. children in charter schools in detroit are doing two times belter than their peers. the reforms are

from davos switzerland.divorces a municipality in the country town of groban or crazy song at one thousand five hundred sixty metres it's the highest town in europe and home to one of its rulings biggest ski resorts with six main ski areas totaling three hundred twenty kilometers of slopes. good morning i got up thirty today to get to so everyone else. after a full day of skiing it's a time to have some tough stuff in charge of trying. to make them come about obviously bring on the first. time for us to sit in this ice skating rink. so for have some little hope this year . that looks so elegant christmas just. looking up to expect a little while ago saying. ok we're getting there we're getting. the family. we're now taking these bets it's called blogging. today we're on the yard called song which is another. ski and snowboard spot right next to the horse center and i've heard the word pull down that. i'm not talking to. the guy. who's. going to miss my mysteriously to come to my next stop. the island of blue

and our globe trotter will show us the winter sports paradise around davos in switzerland. charles and was founded in twelve thirty four and was a member of the mediæval trading alliance the hands the attic league is now symbolized by the magnificent brick gothic architecture built at the time it's also why shawls and was declared a unesco world heritage site in two thousand and two. and the court you'll find a real eye catcher the gorge fuck a former training sailing boat built in one thousand nine hundred thirty three if these planks could talk the captain's cabin has seen german russian and ukrainian skipper his wrist there we already had. the vessel was built and hamburg and was given to the soviet union as reparation after world war two in one thousand nine hundred one it became property of the ukrainian merchant navy. since two thousand and three the course fox has been back in its original harbor serving first and foremost as a museum the vessel which is not sea worthy anymore is maintained by an association that hopes to one day bring the old lady back to see. the b

extraordinary that at the beginning ofjanuary, right up to davos in february, everyone was saying 2080nd now we have really changed ourjune, haven't we? the mood in the markets is so... what is going on? the biggest factor is the change in monetary policy. we are on that routes to a new normal, and interest rates... we knew that in january. we saw no volatility in 2017 and the market digested political worries without a lot of jitters. all of that has changed this year. with interest rates going up, company borrowing costs get more expensive, and that impacts profits. we knew that interest rates would go up we knew that interest rates would go up injanuary. we thought the market had priced it all in and we were set for a good year, and yet, we have been completely thrown off balance. there have been left field events, like the facebook than the whole question around regulation, and the tech giants, the company is leading this market are higher. some of these faults are significant, quite big. would you make a distinction between deep concern and panic? how often between deep concern an

been making these announcements this kind of announcement every year we have heard she jinping in davos last year if you remember who has said similar things that free trade is crucial. of course it is crucial for china to be able to sell their goods in on the world market on the other hand they have the object of strengthening their own economy it might be just what people want to hear that's one explanation now u.s. president donald trump wants to reduce the u.s. has a trade deficit with china is this strategy of his not working that well that's hard to say you mean donald trump strategy yes indeed yeah well that's hard to say so far i mean until now we see we would probably see the first tariffs come in to. come next friday what would be the impact we don't really know. yeah you might say it's sounds like on is responding to this but as i said i am not too sure whether we should take this seriously i don't have an answer to that now but there's bellinger in beijing thank you know with the threat of import tariffs looming u.s. trade partners have been showing varying reactions japan f

secretary of fine and steve newton actually talking down the dollar at the world economic forum in davos of course now a weaker dollar would make exports cheaper but what could be at stake for that. will be offset of that is that it makes it more expensive for the spend less money on the make keeps inflation low home as well so the broader sense is that while it might not be good for domestic industry the overall consumer across the board is better off not talking about consumer concerns we're also looking at potential terrorists being slapped on products by the u.s. administration how likely is it that we'll be seeing a currency war on top of this trade dispute. i don't think we'll see an actual currency war break oh i think the trade dispute is going to be damaging enough without a currency war on top of that and as long as central banks remain in control of monetary policy i think the chance of a currency war on top quite unlikely i think the trade disputes is going to be much bigger fuck that because ultimately down the line this doesn't just leads protectionist measures it doesn't j

charles: trump did go to davos and gary cohn felt good about that. more on gary consequences impending departure from the white house. whoooo. when it comes to travel, i sweat the details. late checkout... ...down-alternative pillows... ...and of course, price. tripadvisor helps you book a... ...hotel without breaking a sweat. because we now instantly... ...search over 200 booking sites ...to find you the lowest price... ...on the hotel you want. don't sweat your booking. tripadvisor. the latest reviews. the lowest prices. charles: futures down sharply after gary cohn the white house economic advisor announced he'll be leaving in the coming weeks. charles: lawmakers are reacting to gary cohn's resignation. reporter: orrin hatch issued a statement to fox business. he said gar why is as good as they come. he was a heavyweight during the tax debate, helping to successfully deliver pro growth tax reform to the american people. his keen instincts, wisdom and talent will be sorely missed in this administration. and he sent a letter to the president saying

the person who createded davos, the gathering of the mostpopopot structures in the entire world, this year opened the conference saying, "he thought capitalism may well be over." same message as occupy.

putting education secretary betsy davos on the spot. >> it doesn't make sense i have to make sure i'm 21 to get a handgun but i can get this weapon at 18. >> we didn't address it, mr. president. >> you know what, because you're afraid of the nra, right? >> quhapd? >> the plan is really the first step in a more lengthy process and the proposals that the president has put forward really encompass a lot of things. >> why is it it is not in this plan? what happened? what changed? >> everything is on the table. >>> changing his tune. the. is the now the diplomat in chief. after his sudden decision to meet with kim jong-un. >> south korea came to my office after having gone to north korea and seeing kim jong-un and -- no, it's very positive. no. after the meeting you may do that because now we have to be very nice. let's see what happens. >>> no joke. at his pittsburgh rally, the president was also back to his old ways, hurling insults at democrat members of congress and the media. >> he's using these vulgarities in the context of a campaign rally. obviously, there were a lot of funny momen

had said publicly, i'm a globalist and a national or a globalist in america first person he went to davos for a reason. he knows he has to be part of the integration of the world order for global peace, security and prosperity >> sure, but actions and words are two different things gary cohn has said america first is not america alone but has the president stated that >> go to his speech in davos i think he gave a great speech it was a ten or 15-minute speech that really rounded out what his philosophy there's a duality to the approach there's a lot more subtlety to what he is doing than being described by the media >> do you think he believes what gary cohn has said, america first is not america awloen this trade talk >> you know, you have u to ask him directly, but i do, if you just look at the speeches and in conversations within some of the interviews, i do believe that, yes. >> anthony, we appreciate your time >> wish you the best >> former white house communications director. leslie picker has breaking news regarding carl icahn >> releasing a statement in response to controversy ove

could the world's davos elite bring themselves to do that?> the problem is we have seen this movie before. in the 90s the clinton administration thought they had an arms control deal with the north koreans. so i think that, yes, it would be a major achievement if in fact, there was follow through on this. we're not having lucy and charlie brown and the football once again. >> alana shore, let me ask you what you heard on the hill after the news came down. what's the reporting and reaction among other congressional friends? >> well, i think republicans wish they had been in town when this handled. they had a tough thursday over this tariff plan. and then this really good north korean news that allows them to say, look, there's the prospect of a testing suspension, the prospect of a real agreement on denuclearizati denuclearization. democrats are caught on the back foot right now thinking how hard should we warn donald trump against going into a negotiation that, to karen's point, he may not have a clear way out of that doesn't work. >> alaina,

step back from his initial posture on this he surprised a lot of people that when he went to a davis davos switzerland there were many leaders from around the world that expected him to have a contentious time meeting with world leaders in switzerland and he shocked everybody by his attitude saying america's over business and we want to work with you and and we want to be your partner so he adopted at that meeting certainly a very different posture from the one some of the earlier postures that he had and said he had a strong relationship with with the prime minister may and and various others i mean he's capable of walking back whatever he may have said earlier so i would not be surprised to see him walk back p.p.p. amasa pac and what will you be advising the chinese government what should the chinese government be doing right now other than watching to see what the e.u. and other countries too. well quite frankly i mean china is a unique position for instance if it's decided that it doesn't have the terror it could simply switch all of us and so eats a note enterprise contracts away from

take it this is educate a live from davos up up coming. only one rebel group is left in eastern huta with pro-government forces edging closer to taking control. calls to treat them better rallies across australia in support of asylum seekers plus. it's two hundred fifty years since the founding of the modern circus we've got here in the city of birmingham ticcing would say. hello it was a call to action led by students from a high school in florida after a shooting that killed seventeen of their classmates and teachers and this weekend hundreds of thousands are answered with rallies across the united states and beyond demanding tougher gun control laws more than eight hundred marches have been taking place in thirty seven countries in solidarity with demonstrators in the u.s. in hong kong hundreds joined the call to try to prevent gun violence in the u.k. there was a minute's silence and a lie in outside the new u.s. embassy in london and in france families gathered near the eiffel tower in paris to urge u.s. politicians to protect childre

secretary of fine and steve newton actually talking down the dollar at the world economic forum in davos of course now a weaker dollar would make exports cheaper but what could be at stake for that. well the offset of that is that it makes it more expensive for the u.s. consumer one of the benefits of a stronger dollar is the foreign imports are cheaper so that you can go and you can buy your foreign made t.v. saw it cetera and spend less money on them it keeps inflation low and home as well so the broader sense is that while it might not be good for domestic industry the overall consumer across the board is better off not talking about consumer concerns we're also looking at potential terrorists being snapped on products by the u.s. administration how likely is it that we'll be seeing a currency war on top of this trade dispute. i don't think we'll see an actual currency war break out i think the trade dispute is going to be damaging enough without a currency war on top of that and as long as central banks remain in control of monetary policy i think the chance of a currency war on top

this year everything annoys it >> davos top. >> and we didn't have the policy stuff that was the carrotthere. >> futures fell another 100 points this morning after the president tweeted trade wars are good they're easy to win. the markets don't like this, and investors don't like this. >> they want to think -- >> to move 100 points and absolutely attribute premarket trading to a tweet, maybe, maybe not. >> at the exact time -- >> people are watching the markets in the morning >> 55. the tweet came out 55, the market dropped. >> steve, we were up 400 on friday. >> okay, it didn't happen. >> we were down 400 on tuesday down 400 on wednesday. >> it probably didn't help. >> these are 700 point swings. you're talking about 100 points premarket. >> even if you decide the futures are thin and it's i irrelevant, europe's not thin. >> they took it as an excuse to thin. >> last time it was jay powell >> so nothing matters. >> no, it all matters. >> it does it does. >> they're callouss not callouss. >> they're blisters, not callouss. >> we're going to leave the conversation there though we're goin

davos you don't think you could organise a. base of up it's what you thought you meant a listener. who. got amid a college send a major. almost god passage apart yes it by going to see the chicago thing. done on that blog about i love you for it if you. don't. believe that if you don't if you think you know. maybe by the media. but. look at a. middle school b.s. sonny todd your school member to deny. knowledge before you. jump are to. see. inside. the air lock see. a dog. bottle. just so much i. want to get out about it. just big he-man say. already. that every. single study art with this kind of a gun. in the spirit of an interview could be. called comporting to come up with your friends if the money to be. just a study of this group you know if you've been born yet to get me so many. good news you could post. it but this part of the net is just the book open and telling a number of fish you're going to know that it's. a hit if it. is the best will stick to. the skin. you are going. if a lot of people. will skew specific to the. book or to go. through the books. we were monitoring

davos you don't think you could organise a. base of up it's what you thought you meant a listener. who. got a mayday call send a major gone. almost got passage of parting yes if i got to see the chicago. john i want to. do what i love you for it if you. don't. believe that if you don't if you don't you know. maybe by the new year. but. middle school be a sunny time you school member to deny. knowledge before you get the jump but they had to. sit. inside. the. dogs outside b.d.'s. bottle. just so much. just big the monster. already. has. one of a. simple sorry art with this kind of a gun ok in the spirit of an interview could be. important. if a minute you're going to be. just sort of this group you know if you. want to explore the secret me so many will. you continue to see get close to. it but this by the death of just the book open ended going to you're going to go. for him to fix. this i'm just not strong street. that's. what you are and. it's a lot of people who. will skew specific to the. book or to go. through the books some of them think. we were monitoring the signatures of

the other countries want us to be back at the table and president trump at davos mentioned he might renegotiateh tpp if he could reach a deal. everyone is looking at that with skepticism. see it renegotiated and what kind of process he would undertake to get back into the deal. vonnie: our thanks to michael froman who was the u.s. trade representative. excellent interview. coming up, we will continue the conversation on tariffs. we will hear from a chief executive. this is bloomberg. ♪ mark: live from london, i'm mark barton. vonnie: this is bloomberg markets. mark: time for the bloomberg business flash. the turnaround plan at target is taking its toll on profits. the discount retailer posted fourth-quarter earnings that fell short of estimates and its forecast for the coming year was lower than some had expected. target spent $7 billion on new brands and store remodeling. the company is also being constrained by a wage hike last fall. its testans to expand of the grocery delivery service. workers at two whole food storages in san francisco will andct food off the shelf delivered to online cust

share some of your talk with us at the recent world economic forum in davos, business can they do inir workplaces, what do they need to insist on now? >> the me too movement created a very interesting effect for working women. because on the one hand, it's a very, very important movement, that brought to the surface discussions that should have happened a long, long time ago. and on the other end, a recent survey commissioned by the lean in foundation, found that the number of men who are reluctant to help junior women through mentorship has tripledthrou thr the leaning. so there's sort of a backlash. >> because without the men mentoring women and they occupy most leadership positions now, how will women get the opportunity to advance? should we say, hey, can we come to the golf course with you? what could women do? >> there are three important things women can do. number one, women need to seize the opportunities, there are wonderful opportunities following the me too campaign. it's important to be very focused on your goals, where are you trying to advance yourself and who are the

one thing i want to mention here at the world economic forum in davos, he slapped tariffs on chineseashing machines. inch by inch, he is trying to play to his base. i don't think it will benefit the u.s. economy as he is suggesting. natalie? >> exactly. that base could be hurt. it could hurt u.s. jobs. thank you for your reporting, interesting stuff. thanks a lot. >>> trade disputes. that is what we look at to see how this plays out. the week behind us has been a tumultuous week to say the least. >> chief of staff, john kelly says the handling of classified material is not up to the standards he expected and he handled the firing of his former top aide rob porter. a new version of the time line of what he knew of porter's domestic abuse allegations and when. this comes as "the new york times" reports another bombshell. >> the president asked kelly to help remove his daughter ivanka and son-in-law jared kushner. officials from four nations discuss how to manipulate him. the president, reportedly, unimpressed by his daughter's trip to south korea. >> sanchez reports on the turmoil in t

davos you don't think you could organise a. much what you thought you meant a listener. who. i got i'm in a college send a major. almost god passage apart yes it by going to see the chicago thing. done i want to. do what i love you for it if you. don't. believe what if you don't if you don't you know. maybe by that i mean you. but. school b. has sonny to school remember to deny. knowledge before you. jump are to. sit. inside. the air a lot see. a dog b.d.'s a. bottle. just big the monster. already. has. one of a. simple sorry art with this kind of easy going ok in the spirit of under from you can be. imported from the. us if the money you're going to be. just started this group you know you've been on the explorer to get me so many will have a. good news you can post. it but this part of the net is just the book open ended going to this you're going to get. him to fix. this i'm just not through stripping. this. was for you i think. it's a lot of people who. will skew specific to the. book or to go. through the books some of them think. we were monitoring the signatures of it

. >>> coming up later on cnbc, we will bring you the davos debate on gender equality here's a sneak preview need men as part of the solution but what we don't need is continued silence that men have perpetuated it's not acceptable to have silence in the workplace when women are discriminated against. >> we have president trump addressing the forum on friday in terms of women's movement, if you have a global leader like that who has been criticized in his attitudes toward women, how you can go forward when you have the leader of the free world -- >> i do not accept that we can allow one man's views to say we women are powerless. of course not. >> it's not just one man's view. he is representing -- >> whatever president trump says, we all know he's quite vocal for what he stands for, he's only one man. we have to understand women and take our power we're 50% of the population. we need to speak out >> that will be fascinating. >>> coming up, the saudi crown prince and theresa may meet in london after inking a multibillion dollar deal what this means for uk/saudi relations after the break. i lo

. >> davos, switzerland. >> he's a nice guy he's been around a long time you wonder will a liveris switchrk a new wave some of these folks have been around for a while a lot of political heat on these people, landon dowdy, thank you very much. >>> if the early moves are any indication, your money to get off to a big move this week. the dow with an implied open of 100 points what happened of all of the fear and loathing of just a couple weeks ago? we're going to find out in a moment the bond market has been the big story so far this year a lot of concerns where the ten-years are go bond yields fairly muted right now. joining us, michael purvis we thought we were the only ones that got up this early thank you for joining us >> glad to be here >> volatility spike, bond yield spike, stocks fell, knowledge seemed relaxed what happened? >> yeah, it's funny price reaction can do that feels like 2017 again. look, i think a couple of things when we saw the vix explosion late january and early february, it got people wondering about things the bond yielding higher and higher the regime changes when

putting education secretary betsy davos on the spot. >> it doesn't make sense i have to make sure i'm get a handgun but i can get this weapon at 18. >> we didn't address it, mr. president. >> you know what, because you're afraid of the nra, right? >> quhapd? >> the plan is really the first step in a more lengthy process and the proposals that the president has put forward really encompass a lot of things. >> why is it it is not in this plan? what happened? what changed? >> everything is on the table. >>> changing his tune. the. is the now the diplomat in chief. after his sudden decision to meet with kim jong-un. >> south korea came to my office after having gone to north korea and seeing kim jong-un and -- no, it's very positive. no.

taken separate transportation to public' haven't and didn't go to a conference with her husband in davostions are very stressful, and the more exposure that there is like this, the more public publicity there is about such actions even if allege >> reporter: observers say the fact this alleged affair started a few month after melania trump gave birth to their son only compounds the pain and embarrassment for mrs. trump and could be another reason why trump and his lawyer have tried to suppress as much publicity about this case as possible. >> coming up, more on the breaking news, the white house struggling to explain whether president trump new about the hush money famt to porn star stormy daniels. daniels is suing the president saying that agreement is now invalid and revealing stunning new details. new york forward.g the new we're the number one dairy and apple producers in the eastern united states supported by innovative packaging that extends the shelf life of foods and infrastructure upgrades that help us share our produce with the world. all across new york state, we're building t

in davos, you had a conversation with "the wall street journal" in which you said, of equity prices, that they were extraordinarily high >> right >> boy, a lot has happened since then we had a correction, and we've had this in many ways stunning and swift comeback where are we now >> so there's no reason to think that equity prices are in any peril in the short term time period for two or three major reasons, right one is this tax cut is clearly front loaded so it will benefit corporate earnings for a meaningful period of time. the world is in a globally synchronized period of growth, it has a very good economic underpinning to it other than geopolitical issues out there, there is nothing that you look at on the rise where you say there's a very meaningful difference between fundamentals like the mortgage economy in 2008 and incomes that was opening up so there's no imminent danger, right? one point too, just because a bull market or recovery gets old, it doesn't mean it dies a death. >> bull markets don't die of old age. >> but if you look at valuations across a whole bunch of diffe

i've heard from high-level chinese officials that coming in two weeks in the forum, china ice own davos xi jinping cleared the decks, he's now president for life, he's planning on making significant statements on reform, some of which i think are a response to the push from the trump administration. i think. you can play hardball with the chinese, but i wouldn't do it on issues that really a ace metrisn performance. when trump was president -elect, he took that call from the taiwanese president. >> right. >> he had no idea what he was doing. >> right. >> the chinese went ballistic. >> right. >> i wouldn't be doing that. i'd be actually focusing on all of the lack of level playing field. >> right. >> in terms of our big companies that don't have a china model. >> all right. we're going to watch this very carefully. ian, good to see you as always. i'll have you on in probably less than a month. you have a new book coming out. ian bremmer, president of the eurasia group. one of the smartest guys around. thank you for watching. i will be on tv probably from d.c. tomorrow. that's the plan. w

when he was first elected, the e elites, quote unquote, business round table, the foreign crowd at davos, my favorite left wing socialist ceos, social justice guys, they don't like trump. personally but they're making so much money in the last year they've learned to love trump. and he has their confidence. now when josh, the head of the business round table, was on one of the sunday talk shows, he said business confidence will go down trump will lose the confidence he's built up u and that troubles me. so what i'm saying is loose lips can sink ships >> therefore what the actions of last week with aluminum and steel, the probability of those words, not necessarily the actions, the words being spoken, would you agree the probability has inclereased >> final words if you want to go after china, and there is good reason to punish their unfair trading practices, go after china. selectively with targets don't go after canada. and don't go after the rest of the world. broad-based blanket tariffs are a terrible idea. even i would agree to selected targets temporary tariff actions which would la

liz: we know that steven mnuchin kind of tripped over that one in davos by saying that a weak dollar is good for u.s. businesses which is not untrue, but you don't want to be saying that your own citizens in your own country have a weak currency. good to see you, gentlemen. >>> fasten your seat belts for a weekend and a next rocking week. see you next week. >>> to the white house, stocks are inching higher, 111 to the upside is more than inching. there are reports that the trump administration is teeing up tough tariffs against china and hitting russia with more sanctions for two totally different reasons. hillary vaughn left the white house briefing rushing to the cameras. i would imagine russia is the pressing issue considering the latest news that it hacked into the national energy grid? >> that is the headline but didn't come up in the briefing today. a lot of time spent pushing back speculation over staffing changes in the white house. we did hear from sarah sanders about tariffs. she says the president is very much in individual negotiations with a lot of different countries th

we reported this in january when the president was at davos. mcgann said that would be a terrible idea and he didn't want to go there. we also heard today from john dowd, the president's lead counsel on the outside on this russia investigation. do you do telling me that the president is fully cooperating with the mueller investigation saying he's been remarkably respectful and cooperative throughout this investigation. no president in history has been as transparent when it comes to working with special counsel. john dowd saying that his team keeps the president briefed on the progress of the mueller investigation. the president follows the advice of his attorneys and dowd says the president is respectful of robert mueller. >> thanks, john. fox news has confirmed the special counsel's team has been digging for months into a secret meeting just before the inauguration. the meeting between the founder of a private security company and a russian official close to president vladimir putin. the big question here is whether team trump was trying to s

in fact, soon after the story broke, melania trump canceled a previously announced trip to davos, switzerlandband, quietly visited the holocaust museum in d.c., and made an unexplained solo trip to mar-a-lago. the white house telling cnn the first lady is entitled to some privacy. instead of the vulgar headlines and talk of hush money, mrs. trump has remained focused on her duties as first lady. and at least at times, keeping her distance from the president. the stormy cloud hung over the president's state of the union address, with the first lady arriving separately from the president. a break with alolong-standing tradition. that was january 30th, and the first couple hadn't been seen together at an official public event since new year's eve. >> weeks later in mid-february, news of another alleged affair from 2006, with a former playboy playmate. trump denied it, but after the story broke, as the couple departed for mar-a-lago, melania trump chose to skip the ride on marine one. instead taking her own motorcade to andrews air force base where she met her husband on officer one. >> that same

it was just a month ago there was davos trump. how gary cohn wrote the speech for him and he was statesman like there and he was pleasing the masters of the global economy. well there is one thing the masters of the global economy don't like and it is protectionism and tariffs and so i do think as you see them walking back his comments on gun control the other day and trump now tweeting about how great the second amendment is, you could certainly envision a situation where if he is getting clobbered in the markets they say we're not prepared. >> susan, you know trade wars are good and easy. didn't trump tweet that this morning. >> that is pretty -- >> it is jaw-dropping. >> and i remind somebody, star wars is based on a trade war. >> and they are doing nine of these. >> and we know with vader. >> stick around. up ahead, is this officially the fall of jared. the son-in-law has been a white house power center since the inauguration. but those days appear to be numbered. >>> and a big boston comi-- a bt and a white house used to tu t

in fact, soon after the story broke, melania trump canceled a previously announced trip to davos switzerlandhusband, quietly visited the holocaust museum in dc and made an unexplained solo trip to m a mar-a-la mar-a-lago. instead of the vulgar headlines and talk of hush money mrs. trump remained focused on her duties as first lady and at least at times keeping her distance from the president. the stormy cloud hung over the president's state of the union address with the first lady arriving separately from the president. a break with long standing tradition. that was january 30th. and the first couple hadn't been seen together at an official public event since new year's eve. wooks later in mid february news of another alleged affair from 2006 with a former playboy playmate. trump denied it but as the couple broke heading to mar-a-lago the first lady took her own motorcade to andrews air force base. that same month mrs. trump appeared briefly with the president after the shooting in parkland, florida. and she also went alone on a day trip to ohio though she skipped his speech instead taking a

remarkable really the things she's done, not moving into the white house right away, cancelling the davosp when these rumors started to filter out. i think that these subtle signs reading the tea leaves, it might not be as complicated as people think it is. i think what you see is what you get here. >> but she is still standing by her man. for now, it doesn't appear she's going anywhere. hillary clinton is till with her husband. they are still married. there's no signs they are going to -- so, in that sense, and i said this on the air last week, they are alike more than they are different. but the difference is i don't think this is what melania trump signed up for. she signed up to be a wealthy wife on 5th avenue who can shop up and down 5th avenue and madison avenue all day. her life is fairly private. she can hang out with her girlfriends on the upper east side, go to the beauty parlor, get her nails done. not this. it's out in public now. >> she rarely left trump tower. she was very much a creature of habit. she didn't go out and party a lot with friends and she loves to shop. whereas

as gospel >> andrew, i'm drawn back to that conversation, i think you were there, too, in 2017 in davos that you xwis had with lloyd and joe and becky where he made a comment i would die at my desk that's when i'm going to leave now, of course, it's tongue and cheek when someone says something like that. but the mere fact that we're talking about that he's had in terms of years ending at goldman sac sachs. what do you think would have pushed him to leave now. >> i think that he has been there for quite some time. i don't think he's leaving now i think he'll be there you know what my point is. whether he's leaving by the end of this year the fact he once told you u and others, now we're talk iing abo a far different story. >> at the same time, i think he appreciates that one of the challenges, him saying as long as he has, it's just true of some of the other institutions as well on wall street recently, that younger people have been able to move up. it's created a bit of a might be described as a line if you will. and has probably forced certain people to leave or think about leaving. at

one of most competitive in the world that's what the president is really about is -- when i was at davoso people about when president talks about america first, he doesn't mean america alone he says we're going to put america in a very competitive position and whether it's these tariffs or whether it's some other policy that's we're working on, america is going to be as competitive as it can be going forward. but i don't want to get ahead of him. he'll announce these at the appropriate time >> the biggest trade we have between canada, mexico, our nafta partners is energy, is oil, is gas. >> that's correct. >> you've been speaking with pretty much every energy ceo here i'm sure they brought it up. what have they said to you what are they concerned about? >> it's less concern than it is just pure optimism that's coming out. everybody's got concerns about their particular sector whether it's the utility guys, instra fr -- infrastructure guys. there are concerns, don't get me wrong. but the overall message here is just one of sheer optimism 15 years ago we heard that we were out of energy, w

i remember in davos, the president doing the same thing. he doesn't seem to distinguish between what a deficit, a budget deficit is and a trade deficit. >> he is trapped, ali, in a world view that developed -- that is a crude understanding of the economy that developed when he was a young man, at a time when we felt under siege by japan. >> that's right. >> there was all this talk of economic decline. he has not gotten out of that place. >> okay. again, you can whack him over the head with a piece of steel. it is intellectual property that china is stealing. that is a problem. >> there are real things we should be discussing when it comes to global trade. there are real topics. this isn't it. this is not it. this is causing a trade war for nothing. >> a can of campbell's soup. >> thanks, john and jennifer. >>> new reporting says robert mueller could be zoning in on ivanka trump's business. >> totally different story. >> we'll break down the first family's many potential conflicts of interest. you're watching "velshi & ruhle." ♪ ♪ ♪ at plant

in termstence in davos of the global economy, is that purveying across your gathering there?you have seen that confidence you heard clearly. the hotel sector having dinner around the world you see the bleeding and hotels across the entire sector. you are seeing that acceleration of growth that we are focused on here, launching new brands. positive sentiment overall. concerns about a global trade war have been rattling markets in recent days. we are seeing a little relief rebound today. could that be any impact on your business if we get a full-blown trade war? where would it come from. anytime there is an impact on the global business, it has an impact on this industry, but it is an incredibly resilient industry. in the past two years we have had only two downturns. and that was in macro events financialand the crisis. overall, it is a resilient business. any macro event will have a short time impact because of travel. you have economies going from strength to strength. you are seeing our top revenue growth in that market. you are seeing acceleration and a lot of the u.s. as