eunice yoon is live in beijing, but let's start with tracie potts with the latest from president trumpshe's in washington. >> reporter: good morning. so the president says maybe his tough talk against pyongyang wasn't tough enough. president trump saying this is not a dare, but a statement. really doubling down on some of his heated comments against north korea and the possibility that they might now shoot missiles very close to the u.s. territory of guam. he's more of what the president said warning north korea to back off. >> let's see what he does with guam he does something in guam, it will be an event the likes of which nobody has seen before, what will happen in north korea. >> when you say that, what do you mean >> you'll see. you'll see, and he'll see. >> reporter: the president did clarify he wants to de-nuke the world, he's not looking for a nuclear conflict here. frankly the b 1 bombers off guam that the u.s. would send possibly to north korea do not have that capablibiliabilitcapae missiles that north korea looks to send to guam. those missiles could hit within 14 minutes t

eunice yoon, thank you for that. >>> time for some must-read stories.ck in "the financial times. cryptocurrencies are mirroring precash banking system did you see bitcoin forked, split off and birthed a new iteration of itself called bitcoin cash the columnist writes today's simsi system is replicating the financial system of the uk when banks could receive whatever official liquidity they demanded for everything else, such as self-created assets there was the wholesale funding market many of these assets were self-valued at fantastical rates. when it froze up, only the central bank had the ability to support them the purists understand that the crypto scene will not have that saving grace so the liquidity is there is until it's not >> this is an interesting issue because of how much bitcoin has risen in terms of market cap a huge story for people in the audience my pick is in "usa today." "set the healthcare record straight." this is republicans helped craft obamacare. while it is true no republican voted for the final bill, it is blatantly untrue that

his top trade investigator to investigate china into theft of intellectual property let's go to eunice yoon in beijing with all the details for us >> reporter: the chinese government is taking a tough position of its own. the chinese commerce ministry responded to trump's trade directive today saying the u.s. should observe trade promises and not become a destroyer of multilateralism. the ministry warned the u.s. it should act cautiously on the trade investigation and said that beijing would absolutely take measures to defend its rights if the u.s. harms bilateral ties the chinese state media has been threatening retaliation, and today xinhua said the probe would have lose-lose prospects and called it a unilateralists bearing of fangs that would hurt both countries >> eunice, thank you very much for that. >>> up next, warren buffett made a big bold move on general elek thic electric what he did when we come back. ♪ ♪ ♪ one laugh, and hello sensitive bladder. ring a bell? then you have to try always discreet. i didn't think protection this thin could work. but the super absorbent core turns

. >> all right eunice yoon, thank you very much for all of that. >>> in deal news, invesco is in talko buy guggenheim's etf business the etf unit has roughly $30 billion in assets under management invesco manages about 125 billion in etfs. both firms said they don't comment on market rumors. >>> now time for our top trending stories president trump responding to reports that he trash talked the white house. trump tweeting last night i love the white house. one of the most beautiful buildings, homes, i have ever seen fake news saed i caid i called a dump totally untrue >> fake news, really >> it's not covered in gold leaf, we know he has a preference for that in his homes. >> i've been to the white house as a visitor and trump bedminster, both are nice establishments i'll say for the record i think the white house is awesome >> i don't think it's a dump at all. i don't know if he said it. >>> speaking of president, could mark zuckerberg be for president? the facebook co-founder reportedly hiring a democratic pollster and former top adviser to president obama as a consultant the report

we want to talk to eunice yoon in beijing >> reporter: thanks so much.he immediate economic impact would be on south korea. south korea is the 11th largest economy in the world, and research firm capital economics said during the 1950s, korean war shrank the south korean economy by 80% they believe if there was to be a war on the korean peninsula and say it cut the korean economy by 50%, then that would knock a full percentage point off global gdp a war would also have immediate impact on global industry. south korea is the second largest maker of semi conductors, largest maker of lcds the consulting firm spoke with me and told me if south korea is hit by a missile, global key chip supply would stop immediately and all electronics production will stop as well for americans specifically, south korea considering its size is much bigger trading partner than you would think, it is sixth largest trading partner with the united states, with total goods traded at $112 billion in 2016. u.s. consumers could suddenly see there's a lot of stuff on store shelves at