joining us is george buckley. line from mike mckee over what might happen over the weekend. what sort of base case are you looking at? i know you have four different possible scenarios. george: the four different scenarios, three of them have probabilities. of between 30 and 35%. it gives you an idea of how anything is really possible here. the base case is that the u.s. continues and goes ahead with the increase in tariffs from january from 10% to 20%. there is the possibility that come upnd mr. trump with something that allows us to delay the further increase in tariffs that has been threatened. there is a possibility that that could be delayed. nejra: we have yet more data out of china pointing to the slowing growth that a lot of people have talked about for a while. china in a position at the moment to really have a strong negotiating and into the year-end and the start of 2019? george: possibly not. we are seeing china slowing because of various reasons. deleveraging, this move toward consumer spending rather

buckley is doing exactly what you just said. he is taking on georgeallace, the segregationist governor of alabama, and pushing that pro-segregationist viewpoint to the side of the conservative movement. here in this clip, he's talking about populism and conservatism. let's take a look. >> great. >> buckley goes on to call wallace an imposter. he calls out his racism. and later in his life, buckley looked back and he said, "expelling the cooks, conspiracy theorists, racists, bigots, and anti-semites from the movement was one of his proudest achievements. >> that's exactly right. and, unfortunately, that expulsion was not permanent. they have come crawling back. and if you think about historical antecedents for donald trump, it's hard to find any in terms of u.s. presidents, but there are some figures in american history, and the one that i would point to is george wallace. i mean, donald trump has just run, i would say, the most openly racist political campaign in america since the days of george wallace. and both trump and wallace said that they were