starbucks kevin johnson's bullish outlook for their new partnership. first on cnbc interview in a few moments. >>> this morning, futures down sharply as tradeworries work their way again into the markets. the white house confirms the president's looking to raise proposed tariffs on $200 billion worth of chinese goods from 10 to 25. it's sort of been out there in the ether. we know the market tends to absorb these headlines then sort of discount them later in the day. >> look, i think that that headline -- really i found that the idea that the white house could confirm something that peter navarro's team put out is just fanciful. i don't think the market's that stupid i think more important the chinese said we're not going for this tit for tat we're going to stand our ground. but what's is we fear over that, we put it in the navarro basket, we sell the navarro basket, led by overweight boeing and caterpillar. it is a double inverse etf of which these sponsors made over $100 million >> i think that's carl's, not yours. >> all i have to show for it is --

starbucks ceo kevin johnson confirms that deal in an interview with our own jim cramer jim pressed johnsone deal and asked how it fits into the company's growth plans in china overall. >> let's say you're a shareholder of starbucks you have seen the starbucks trajectory in china go from high single digits to mid, to low, to minus 2. can we listen to this announcement and presume you can get back on a trajectory of positive same-store sale numbers in china >> i'll remind you in china last quarter we posted a 17% top line growth most of the growth of transactions in china is coming from the new store growth. yes, we did have a negative 2% same-store sales comp last quarter. but, you know, if i look at what we're doing with ale aibaba andh digital flywheel, this is like rocket fuel for the digital flywheel in china. this will be an accelerator for our business no doubt >> you can hear more from jim's interview with kevin johnson later today on "squawk on the street." >>> still to come, a double dose of ipos to put on your radar for this thursday. >>> and a super swimmer, a 10-year-old boy bro

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wouldn't be surprised if it continues especially given the terrific stewardship we have seen from kevin johnsonng a nice bump in the company's loyalty program and a lot more people signing up and partnership with alibaba that should reignite chinese growth which i think is the key to getting this stock back to its old glory and i think it's happening "mad money," it's back after the break. ♪ with tripadvisor, finding your perfect hotel at the lowest price... is as easy as dates, deals, done! simply enter your destination and dates... and see all the hotels for your stay! tripadvisor searches over 200 booking sites... to show you the lowest prices... so you can get the best deal on the right hotel for you. dates, deals, done! tripadvisor. visit tripadvisor.com with a $500,000 life insurance policy. how much do you think it cost him? $100 a month? $75? $50? actually, duncan got his $500,000 for under $28 a month. less than a dollar a day. his secret? selectquote. in just minutes, a selectquote agent will comparison shop nearly a dozen highly-rated life insurance companies, and give you a choice o

. >> i think kevin johnson solved that third party delivery problem.here we're going to see -- >> actually have comps that look good because they went to basically nothing. i think they were down. >> yeah. >> yeah. and with the price -- >> it's about store openings in china. and store openings in china, you have to worry. >> david alibaba partnership we know it better than anyone on-air it does matter. >> i think it insulates. >> yes i think it insulates more importantly, david. i drink a cappuccino with a skim wet costs $5.30. the price of coffee at a 12-year low know what the gross margin will be? >> they're not passing on the savings to the customer? >> that's right. >> so i say starbucks is interesting. and remember the buy back has been following the stock up. and i think the throughput issues which have been a stickler are not good. better than it were. >> and you think they're going to figure out the afternoon. >> what to do if i ran starbucks. and i can't come up with it. >> you can't >> because the rewards program is important to them. >> the

well kevin we all know that former u.k. foreign secretary boris johnson is no stranger to causing offense except this time around he got a taste of his own medicine from the kenyan president who standing side by side with british prime minister to resign made this to say last year you call the foreign secretary than boris. morris borders johnson. the bicycle guy or. well known not only did this bicycle guy comments make headlines but also cause the u.k. delegation to chuckle as well as brought a smile to to reset may's face now one of the reasons potentially that the kenyan president would have a bone to pick with boris johnson could be the comments he had made in the past among them saying things such as barack obama being described as according to johnson as part kenyan with an ancestral dislike of the british empire as well as some other offensive comments such as watermelons but when it comes to theresa may of course the reason she would rejoice in a moment like this potentially is some of the issues she has herself with boris johnson not only did he

kevin.>> i was going through the reading. they told him about johnson that said about a year before rolling thunder and it. at a meeting johnson complained that the united states could not win with parades and songs and bonfires. he is rather colorful behind close doors but he is trying to show shade -- throw shade. what do you think that image -- >> another reason of the significance of this lesson. how do we apply airpower in this environment and what effects can you have? what i think they are getting it is the idea of gradualism and this rolling thunder was a nice panacea. i can send my message using airpower. he has an idea that we would deem incorrect of what the airpower can do. that is more significant. this is frustration to think i have this. i've got this massive tool and why is this not working? do you want to put it on a bigger idea? can airpower alone? can airpower influence? sure. >> you mentioned in the slides about johnson's great society. would you say they are trying to do both? certainly that is a take from many historians to balance

kevin tibbles. >> reporter: partners on foot patrol, partners in life. >> can you send a car? >> reporter: today, chicago's top cop, superintendent eddie johnson, introduces 26-year-old son daniel to the streets. >> i'm very proud. really, i don't think there's a word to describe how i feel about it. but i'm still a dad also. so i'm extremely proud. but i still worry about him. >> reporter: daniel is now posted to the same south side station where his father started, 30 years ago. he was a teacher before changing direction, graduating from the police academy just yesterday. >> i actually grew up here, in this neighborhood. so you can make it. this neighborhood was good to me. so i want to be good to it. >> reporter: and there is a deeper bond at work here. one year ago tomorrow, daniel donated a kidney to help save his father's life. >> he was like, dad, look, you gave me life, so the least i can do is try to prolong yours. >> once i found out i was a match, i was like, oh, well, i was probably meant to do this, so it's time to go. >> reporter: but as he makes the rounds, he knows who's watching. you don't want any favors. >> no, not at all. >

kevin tibbles. >> reporter: partners on foot patrol, partners in life. >> can you send a car. >> reporter: chicago's top cop, endent eddie johnson introduces 26-year-oldow, really, i don't think they have a word to describe how i feel about it. but i'm still a dad also. i'm extremely proud. i still worry about him. >> reporter: daniel is now posted to the same southside station where his father started 30 years ago. he was a teacher before changing direction, graduating from the police academy. >> i actually grew up here in this neighborhood. so you can make it. this neighborhood was good to me. so i want to be good to it. >> reporter: and there is a deeper bond at work here. one year ago, daniel donated a kidney to help save his father's life. session, i was dad, look, you gave me life so the least i can do is try to prolong yours. >> once i found out i was a match, well, i was probably meant to do this. so it's time to go. >> reporter: but as he makes the rounds, he knows who is watching. you don't want any favors? >> no, not at all. >> i told him, i hate to tell you this, but it's going to be harder for you because i want to make sure you get what

johnson.... here with the beautiful tee shot on 6, the par 3...and it almost goes in for a hole in one...it's a four way tie with kevink, vaughn taylor and sean o'hair overnight... the 49ers sent another draft pick on the move... the former third round pick... eli harold was traded to the detroit lions... making room for some other linebackers to try and make this roster... the niners traded harold for a conditional 7th round pick in 2020... harold has struggled in his first 3 seasons ... just 5 sacks in his time out west.... robert saleh and the niners defense still trying to find ways to get that edge rush going...they've moved deforest buckner outside which has been a good transition so far... but it's not enough... harold is the last of the 3 players who was a part of the original 2016 national anthem protest with colin kapernick.. the niners plan to start mark (en-za-sha) in place of harold on saturday against the colts.... the niners working towards that 53 man roster... ### next at 8. how one police department is training horses to be ready for anything. new at 8. polce in kansas city are taking a unique approa

johnson and bill clinton, now u.s. president has ever been removed from office by impeachment. at the white house, i'm kevin corke, fox news. >> for more on legal trouble from former trump aides, i'm joined by legal analyst michael cardoza. "the national enquirer," why would he want immunity? >> well, what they are looking for is to see if he conspired with trump to violate the laws, the election laws. in other words, pay off people so that news would not come out, and that would affect whether he became president or not. so if i'm representing him, i'm telling the federal government, we will talk with you but in order for us to talk, you've got to give my client immunity. in other words, the ceo here of the national enquirer, give him immunity. we will talks, but we are not talking without immunity. because we are not quite sure where you all are going with this. we have a feeling about it, a sense about it, but we are not doing it without protecting my client. >> this idea that you have "the national enquirer" boss saying, okay, i'm going to cooperate. president trump doesn't like people who cooperate aga

flowing on the badminton call fess up chrissie johnson defeated choosing chang of chinese taipei in the men's singles final and then marcus finale gideon and kevin sanjaya succumb leo made a double gold delight by taking the men's doubles crown it was actually a sure thing as both teams were indonesian there was disappointment for india's superstar peavy into the seventh highest paid female athlete in wild she was beaten to the gold medal by wild number one ties you yang and in sepak takraw was lasered for from behind to take that fast asian games gold medal in the men's regular final since nineteen ninety four of a.p. indonesia to take gold the philippines boscobel team was knocked out of the asian games yesterday as the nation that continues to underperform even though possible is hugely popular in the country many fail is the nation's short stature that's holding it back but is a nationwide growth about to change that to mount an in-joke reports. the basketball is peak in the philippines. but should this should really it's people are not. they haven't qualified for in the lympics in four to six years participation is not the problem oh signs

kevin? >> sir, i got one. when i was going through the reading, the bit that stood out is when the author told an anecdote about president johnson that says about a year before "rolling thunder" ended, it says at a meeting with his political advisers johnson complained that the united states could not win without parades, songs and bomb drives. and so, johnson's known for being colorful behind doors in his meetings, but i don't know, sir, it seems like he's just trying to throw shade on the ability of the united states at this time to win a limited war. so, my question is, like, what context do you think that image of the image of bombs, war drives or just parades? do you think we've come to be able to fight limited wars better? >> boy, that's a -- i mean, another reason -- significance of this lesson is we find ourselves, how do we apply air power in this current environment? and what effects can you have with air power? and even more important, what i think he's getting at in 1967 is, in his idea of gradualism, this air campaign of "rolling thunder" seemed like a nice panacea. like, i don't have to cross the border of the 17th

american kevin kids finds himself in second position after shooting a six under sixty four on friday emulating woodward's first round score in the process world number one just dustin johnson is also in contention a sixty six on friday followed thursday sixty seven johnson trails by three at that stage. u.s. president donald trump has criticized american football players who protested during the national anthem on thursday night in the first round of preseason games the league is under pressure to rein in the protests which some see as disrespectful but as kristen salumi reports the players are not backing down. taking a knee raising a fist these gestures made during the national anthem proved more controversial than any play made on the field during the n.f.l. zoë opening night the n.f.l. players are added again president trunk tweeted making his disapproval known he described the players as showing outrage at something that most of them are unable to define stand proudly for your national anthem he added or be suspended without pay we believe. everyone should stand for the national anthem but league officials said the players would not be punished as they continue negoti