stuart: david, that is larry kudlow on trade with china. you heard him, what he had to say. r response? >> yes, i like most self-respecting americans listen to your entire interview with larry this morning. that particular piece sticks out as indicating exactly what their strategy is. it is about finding leverage points. it is about getting to a point where they showed china, that we're in a position of strength. we want a better trade deal out of it. i don't believe china is playing from total weakness. i do think more other countries that gang up on them, the more dramatic, leverage point becomes. but ultimately, it comes down to china's ability to see how they can save face. this is administration dealing with something they never had to deal with before. and i think both people are going to be able, both sides will come out claiming some sort of a victory. but i don't think it is over. i think we have aways to go. that means continue the volatility in u.s. markets. stuart: got it. david, thank you very much indeed. the dow is moving up little bit more. we're up 61 points

larry kudlow says the president will not back off china.na stepping in, closing in on a record weekly losing streak. we begin with the big issue, another solid jobs report. >> this truly is solid as a rock. >> a good jobs report today. >> the big surprise this year is that the amount of jobs added per month on average is accelerating. the whole same was that job growth will go down towards 100,000. and it jumped from last year. >> we are eventually going to have to see a ratcheting down of job growth to around 100,000-125,000 a month given our demographics and what we are doing with the immigration policy, given aging of the workforce. >> will see folks pulled from the sideline. if you look at the underemployment rate, it has dipped down to 7.5% but there is still some slack. >> we will downshift to 120,000 jobs. you are just running out of available labor. >> there are still a lot of americans out there it could come back into the labor force. i like that. i think our potential to grow is very strong. with the right incentives i think we w

that was larry kudlow very much in his element talking about the strength of the economy, echoing the remarks the presidented a made preceding him larry, going down the list talking about how the current united states economy is, it under scores, of course the reason why you got the market where it is now, you know, 25,500 you got a 400 point gain today it does underscore the reason we have gotten here in many respects >> absolutely. it has the foundation for these fundamentals coming through, continues to be working on the equities and individual stock the they, theed a men strikes expects this to go on for a while. >> you give $1.5 trillion to companies and top 10% of americans, you got a boom. it's not free. hopefully we can close the gap that will boone. hopefully enough economic growth happens, not just this quarter but as larry says years to come. if that's the case, the deficit won't grow up to the degree right now, it's on the trajectory to do so it's not i wave the wand, there is all this economic growth we will pay for it >> record collection of taxes. in july, another recor

joining us national economic council director larry kudlow. welcome back to the program. eat to see you, larry. >> appreciate it, stu. stuart: you are holding canada's feet to the fire when the foreign minister arrives today. hard-line trump on full display, correct? >> well realistic trump. i mean, he would, on that point he would love to make a deal with canada, a good deal. a good deal in the interests of the american economy, the american workforce, american farmers and presumably as we, as we did in mexico a deal that works for both sides, a pro-growth deal, a free trade deal, a get down your tariffs deal, all of which the president believes. so i think he is quite sincere. but -- stuart: larry, do you have an offer ready to go to canada's foreign minister today? >> i don't want to go into that. bob lighthizer is our lead negotiator. he did a fabulous job with mexico in my judgment along with jared kushner. i believe they snatched victory from the jaws of defeat several times. so no, i'm not going to get into specifics. i will leave that to ambassador lighthizer but m

it's great to see you, thank you very much. >> larry kudlow.rade tomorrow morning on squawk box when steve mnuchin will join us at 8:00 a.m. eastern time >>> jet blue taking a big step that could have some customers seeing red those details next where satellites feed infrared images of his land into a system built with ai. he uses watson to analyze his data with millions of weather forecasts from the cloud, and iot sensors down here, for precise monitoring of irrigation. it's a smart way to help increase yields, all before the rest of us get out of bed. everything was so fresh in the beginning... but that plug quickly faded. luckily there's new febreze plug. it cleans away odors and freshens for 1200 hours. breathe happy with new febreze plug. it's pretty amazing out there. the world is full of more possibilities than ever before. and american express has your back every step of the way- whether it's the comfort of knowing help is just a call away with global assist. or getting financing to fund your business. no one has your back like american

white house chief economic adviser larry kudlow made that clear, telling bloomberg the u.s.ould keep up the pressure on beijing. china has signaled they have no intention of backing down on the street were. we are joined best this trade war -- this trade war. we are joined by congressman ryan castillo, a republican of pennsylvania. neither side is looking to back down. rep. costello: i wouldn't expect either side to back down. i think particularly as it relates to leadership here in this country, we are looking for china in particular to come to the negotiating table. the broad-based concern that i have is that consumers are going to start feeling some pain, and in particular our farmers are experiencing a real sense of trepidation and concern at this moment in time. shery: adviser kudlow telling us there's been hardly any conversation between the two sides. how do you find a breakthrough in this situation? rep. costello: i wish i had an answer for that question. congress, a member of i'm sitting back like everyone else wishing i could lean into this and be a productive voic

krishna: i would say larry kudlow and the administration are wrong on all fronts. let me elaborate.irst, if you want to reduce trade deficit, first you have to reduce your fiscal deficit. that is the primary driver of the trade deficit. two, in terms of pressuring china, china is a controlled economy. they can get it down, they have a lot of flexibility on that. they did that and can do it again. the u.s., we just shot our wad with respect to fiscal stimulus, so our growth rate is relatively modest. we have more to lose on that front then them. -- than them. we just have to be very careful. i think i understand why they would want to do that, but tariffs are the worst thing you can do to address your trade issue. jonathan: you are sticking with me along with mary bowers and bryce doty. coming up, the auction block. u.s. treasury boosting long-term debt sales to the highest level since 2010. that conversation is next. this is "real yield." ♪ ♪ jonathan: i am jonathan ferro. this is "real yield." i want to head to the auction block. japan amid a volatile week. a 10-year debt auction s

larry kudlow explained it. >> confidence numbers, large businesses, small businesses, and consumer confidence numbers are at or near record highs and from the latest surveys are continuing to rise. charles: walmart just amazing.

as for whether those comments are scripted we know larry kudlow, a colleague of ours. and if there's one thing we know he knows how to create a sound bite it is something that not only did he say that resonated with the president, the president watched it on tv, he liked it, and he asked larry to stand up and say it again >> i knew there was something going on behind the scenes peter bookvar has a view there's an element of politics in this in terms of the mid-term elections, the idea get some kind of deal with china. maybe there's not even a real deal behind it, but get something that looks like a deal ahead of november. does that make sense to you? >> right, even if you don't get a deal, andrew, there is something to be said for maybe staving off some of the more painful parts of what this trade war could potentially bring to the u.s. or even to china for the time being i've heard executives openly wonder about what the president's strategy is going to be on trade going into the mid-terms because on one hand his base really likes the tariffs. his base likes him holdi

larry kudlow was speaking to fox business earlier on.hen he leaves this spot right behind me, he travels along, reporters surround him and ask him questions, and he pretty much commented on exactly that, look at china, look at the economy right now. you're seeing their currency continue to be fall. yes it could be done purposely. but nonetheless hurting their economy. this is a moment of strength for the united states. however if you look on the flip side, you have a president of a country in a lifetime term, right? so he can play the game a little by longer, not worry so much about elections. so there is a little bit of playing factor the fact they continue to devalue the currency. that's not, that's not cool if you put it in that sense but like steve did mention, yes, larry kudlow did preface that the united states right now is in a stronger position. but when is this going to end? what does it take for china to turn the practices around? i don't know how we get them to prove they're going to do that? trish: i really do, steve, we are

. >> we have heard complaints by twitter and his own economic advisers including larry kudlow, that heoes not like the rate hike path jerome powell has put the u.s.o n. on. but now these remarks to a group

time for the squawk news maker of the day, let's bring in national economic counsel director larry kudlow that had maybe to the president but i wouldn't advise you do that, larry, but he's not entirely wrong in your view i would think about some of the stuff he just said. >> we keep in close touch, potus and i, and i'm honored to do it, right off the top in lieu of the president's tweet, i know there's a lot of weird stuff in the media, my take real fast, the single most important political story of the year is the economic boom that virtually no one thought possible and, joe, that boom is far from over. that's the key message i'm trying to relay to you and the gang this morning. and by the by, atlanta fed looking at another 4% quarter in q3, after tax income, take home pay is booming at over 3%. any way, policies have changed under president trump. we now have tremendous confidence, businesses and consumers and small businesses, lower taxes, regulatory rollback, et cetera, et cetera. yes, trade reform to protect workers. i think that's an important part. all's i'm saying s there's a lot

when i listen to larry kudlow, i think yes, yes, yes, these are the things i have been talking about for a long time. the evidence began immediately. after president trump was elected, the consumer confidence levels exploded. now we are seeing the manifestation of that. >> you have been seeing it for a long time. i have been living it. i live in rural wisconsin. places where the obama economy wasn't good for them. if walmart is doing this one know consumer confidence is going up. walmart making good on its evident to compete on groceries. now they are going to deliver or do pickup which in cold wisconsin is music to my ears. they are also competing on retail. which also works in rural america. i would much rather return my item at the store than deal with the packaging. charles: yesterday the two things that stood out were restaurants with the strongest month over year and year over year gains and department stores. people are going to the mall. walmart has been an example. walmart saw a bit of a slowdown because food tamps went down. the decline of food stamp use earlier in the year

and larry kudlow saying he was completely unaware of these views. >> that's a tough one. eamon javers at the white house. >> any market impact of that one? >> no. >> no. >> no. >> only if you thought larry was at risk for any reason larry is the guy behind, no barrier, no subsidies which is a very different -- >> i think he was with navarro what are you talking about >> think he's stayed pretty prg matich >> i respect a guy who steps in and says this is what i stand for. >> i think he's been very clear and he's embraced the president's position on trade. >> he's definitely softer. >> all right that's been an incredibly dramatic "fast money," thanks for joining us >> thank >> "mad money" with jim cramer right now. >>> my mission is simple -- to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere. i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to save you some money my job isn't just to entertain you

eastern, watch our profile interview with larry kudlow, director of the national economic council and advisor to president trump. >> i have been a believer that under the right policies which provide economic opportunity and freedom and incentives, we can grow the american economy at least at its historic rates. which, since world war ii, 1950-2000. we grew at 3.5 percent a year after inflation. i see no reason why we can't replicate that with proper policies. >> larry kudlow friday night at 9:15 p.m. eastern on c-span, c-span.org or listen with the radio app. senate confirmation hearings for brett kavanaugh to be a supreme court justice are expected in september. senators are likely to question judge brett kavanaugh about roe v wade that struck down many restrictions on abortion but on tuesday 8:00 p.m. eastern, an in-depth look at roe versus wade. supreme court reporter david savage discussing judge cavanaugh's nomination and the abortion issue. >> members of the trump administration's national security and intelligence team talked about there efforts to combat election interference

steve: larry kudlow, we thank you for a time. mr. kudlow: i appreciate it.[captions copyright national cable satellite corp. 2018] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] c-span's "washington journal," live every day with news and policy issues that impact you. lux discusses his democrat in the age of trump." of thephen gutowski washington freebie can and ralph peters, retired army lieutenant colonel. journal,""washington live every morning to join the discussion. >> monday night on the "communicators," a look at the new european policy laws that will impact companies like google and facebook. joining us on the program, nualaia espinel and o'connor. >> we only to think of our data custodian responsibilities. in the digital age, every company is a data company. people are using, analyzing, and monopolizing data -- amount .omprisin the government needs to think about the rights of an individual in his or her own the individual has rights, and that is a conversation

you agree with that >> the economy is doing well, there's no question about that, and i heard larry kudlowhat's what he was emphasizing i mean, the biggest issue facing the market is the trade negotiations with china. i actually thought larry sounded more optimistic about the nafta part than the china part the china part is the biggest thing that's going to affect the market in the remainder of this year >> is the market right to celebrate? i mean, yes, we do have walmart and sysco earnings helping the dow, but is the market right to celebrate sort of this idea that they're at least going to come to the table and have talks in light of the threatened $200 billion worth of chinese imports that president donald trump wants to tax >> it's the first move, and larry did say it was a small move he didn't want to overemphasize that we need that movement. if we could get resolution with china, this market could pop 10%, there's just no question. however, on the other side, if we get a trade war with china and we get those tariffs on, wow, i mean we could have a 20% drop so we really have these two

at 9:15 to watch our w,terview with larry kudlo senior economic adviser to president trump. kudlow: ilow -- mr. have been a believer under that right policy, we can grow the american economy at least at its historic rate, which, since world war ii, for more or less 1950 to 2000 and we grew at 3 1/2% a year after inflation, and i do not see why we cannot replicate that. >> friday at 9:15 eastern on c-span, www.c-span.org, or listen with the free c-span radio app. earlier today a group of her public and senators spoke in the ol about brett kavanaugh's supreme court nomination. this is about 25 minutes. >> double stacked in the. we are in the process. good morning, everyone. have some brief comments and we will allow time for questions. i want to thank my colleagues, hatch,n hatch, chairman chairman grassley come and senator lee for joining us. senator cornyn will join us in a few moments. tois under -- important understand process that we will go through the next several weeks leading to the confirmation hearings to give you a representation of the school of the documentation. in the

yesterday, larry kudlow a man i respected for many years that voice that beautiful voice, i've heard it so many years, talking about financial and he came into my office and he made a statement that was something that was very beautiful and i'd like to maybe ask him to say a little about what he told me last night larry. >> yes, sir. thank you. i appreciate it. it's a simple thought. most good things are but i'm looking at the media and watching tv and other people talk about stuff that baffles me but it's outside my lane here's the key point i made to the president yesterday. i'll make it to you today. i hope we all keep making it by far, by far, the single biggest event be it political or otherwise, this year, is an economic boom that most people thought would be impossible to generate not a rise, not a blip a genuine economic boom. and everybody saw going back to the campaign, as was put into place last year and now this year, the numbers are coming in, they keep coming in, which is one of the reasons i tried to get ahold of the president on this, i mean we got 3.1% gdp in the fir

host: larry kudlow on fox news business yesterday.e sat down with the president's director of the national economic council for a c-span profile interview. he talks about his life, his career, his battle with eviction, growing up -- addiction, growing up as a supporter of mccarthy and how he was offered a job serving in the trump administration. now, to your phone calls. a couple of tweets from georgia who says the good news on jobs is the same good news americans happen hearing for the last three years. 81 consecutive months of jobs growth, good news. your own situation, we want to hear from you. mike is joining us from north carolina. tell us your story. good morning. we will try eric in atlanta. good morning. caller: hello? host: go ahead, eric. caller: my situation is i recently lost a job. i was making steel parts. this is a fake -- why don't you show some of trump's statements about the unemployment rate when obama was president? during the reagan administration, we had one that wasobs created -- the amnesty part. the unemployme

reporter: we are taking a look at it, larry kudlow said.the way, google denies there was any involvement whatsoever between search results and possible political bias. this was a statement that a company spokesperson produced earlier today, saying quote, search is not used to set a political agenda and we don't bias our results toward any political ideology. they go on to write we continually work to improve google search and we never rank search results to manipulate political sentiment. back to you. kristina: wow. wow. government regulation in big tech. that's big. thank you very much. david: how would that work? we don't know where it would begin. with reaction is fox news political analyst, giano carlo. let's talk about bias and google. have you noticed it? >> i would say i have not noticed it at google but across social media, i tell you there was a poll that came out recently which said 72% of americans believed that there is censoring going on when it comes to social media, almost half of those being republicans. we talked about this

white house advisor larry kudlow says president will not back off. consumers are about to feel the pinch. why there may be warnings of companies raising races across every industry. the u.s. job engine humming along. workers added at a cooler is that they'll belong -- below the consensus forecast. guest calls it solid momentum to start off. we welcome now lewis alexander, the u.s. chief economist. on the whole it was positive. >> this was a solid report. the backward revisions made up for the fact the front month was week. saw probablye overstates the momentum in the economy. joe: what did it tell you about how close we are to full employment? of course massive debate about whether the unemployment rate is understating the slack we have. trend did see a positive in female participation. that has kept the labor force stronger than the pure demographic. there is a limit to how far that can go. the fact that it is well below convention now estimate in of stability in the long run tells you we are operating beyond full employment and there is a limit to

you also saw larry kudlow at the beginning of the remarks tip around that.ut that is really the wind at the back of this administration in these trade talks. what they are saying again and again is that's the underpinning for getting tough with the europeans, tough with the chinese, tough with the mexicans, tough with the canadians, and that is why markets are going up. they trust this president. whatever other drama is going on, man, oh, man, there's plenty of other drama here and i'm not here to play politics with it. we understand you guys probably get tired of it. it's not a red or blue thing. to me, it's a green thing. that's a fundamental development because nothing supports an economy like people shopping in that economy, and if they are really, really into that, if they are really optimistic and confident in our future to continue shopping and doing so on a large basis with walmart, we have seen it with amazon and with home depot, you don't necessarily have to be the sharpest tool in the shed, which i'm not, to know quickly that that is what gives re

right now the party is involved in very active economic stimulation because i think as larry kudlow sayse economy currently is really pretty stinky let's assume larry is well informed because he has good access to data if a pretty stinky economy can allow the top line to grow 61%, let's have more of it. and the problems below the line in alibaba reflect tremendous increase in valuation in ant financial, which is another mirror on the chinese economy. price of alibaba is the third thing. relative to the internal growth of alibaba, the price in my opinion is very reasonable and i would just cite an alternative mechanism to buy it on the cheap with a discount in the neighborhood of 25%. so i think the market has it right here this is really a very, very good report, especially for those who have some understanding of the rules of the playing field in china. china is not kansas. you have to understand the rules. >> yes, and we all miss carl when he is off mike, when you look at alibaba's performance up against some of the other chinese internet names that have been performing poorly, are inv

white house adviser larry kudlow says the administration is looking into the company.et's bring in bloomberg opinion columnist alex webb live from our london bureau. talk to me about what the complaint is specifically against google as well as some of these other social media companies. president trump is suggesting they filter out results which are positive. google has been through some of this process before where there was some concern about the nature of the stories being displayed. -- in respective president trump. when there was a terrorist attack results service from unverified sources and news outlets that are not well known. google placed quite strict controls on what news was or was not displayed based upon what it deemed trustworthy media. , you canver reason guess yourself why donald trump might be complaining about that. one thing that might be problematic is it doesn't differentiate between opinion and news. that is something that is hard to do in modern media. somene: when i think about of the controversy we have had over these social media sites, they s

thank you very much, larry. kudlow: thank you, sir. the president: i'd like to ask ryan zinke, secretary, who actually i watched this morning. he was giving a rundown on the horrible fires that are taking place mostly in california. and i thought what he said was so true and, actually, rather incredible -- people don't hear it -- they don't hear it like it is. there are things you can do about those fires before they start, and you wouldn't have nearly the damage and the problems. we're spending a fortune in california because of poor maintenance and because, frankly, they're sending a lot of water out to the pacific to protect the smelt. and, by the way, it's not working. the smelt is not doing well. but we're sending millions and millions of gallons, right out into the pacific ocean, of beautiful, clean water coming up from the north -- or coming down from the north. and i thought ryan was great this morning. so before we start on a couple of other things we'll be discussing today, including, very importantly, schools and education,

we will hear from economic adviser larry kudlow. ♪ scarlet: have a friday, everyone.rg markets. i'm scarlet fu. lisa: and i'm lisa abramowicz. china's is a bullet -- says it will retaliate against the u.s. if they go through with more tariffs. national economic adviser larry kudlow spoke to us about this earlier. >> i am not an expert. i do try to follow it, and it looks to me -- i don't know, you all might disagree, but it looks like the china economy is declining in growth. it is weakening almost across the board. it looks like the people's bank of china is trying to pump it up by adding high-powered money and new credit and so forth. the currency fall, the currency fall, i think, is partly they have stopped defending the yuan and think it will help offset the u.s. efforts to get rid of their unfair trading. some of the currency fall, though, is money leaving china because it allows the investments. as that continues, that will really damaged the chinese economy. -- if money leaves china, they will be in a heap of trouble. theyl make the case that are in a week econ

larry kudlow tells cnbc china is not a good prospect for market participants >> i think investors are moving out of klein becauchina becauset like the economy and they're coming to the usa because they like the economy i'm not a china expert, but i would say right now their economy looks terrible. >>> atlantia shares rebound as the italian government opens a formal investigation into the genoa bridge collapse. >> translator: we know there are breaches, we will ask for the suspension of the concessions because of those breaches. one cannot die in highway after paying the highway toll. >>> an icy welcome for the new man in control of airfrance-klm. shares sell off after benjamin smith is named as ceo. >>> charting the course. danish shipping giant maersk announces the sale of its drilling giant >>> good morning welcome. atlantia shares are rebounding after a sharp drop on thursday there's an investigation into the country's biggest toll operator after the bridge collapse this week that left at least 38 people dead italy's transport ministry says transauto has 15 days to prove it perform

later in the day white house economic adviser larry kudlow said the trump administration is taking a look at imposing regulations on google. reporter: is there any indication this pressure ispaign on search engines having the desired effect? mr. kudlow: i think that word pressure, that is your word. i think we have, is having the desired effect? the u.s. and mexico have generated a strong deal, a free trade deal, progrowth deal as an example. canada should study how we put this together. i don't know about pressure. there are a lot of issues that andould deal with, compromise where necessary. that is what happens. take a look at what we just did. it's a tough deal. i don't think a lot of people thought we would get a mexico deal. and everybody is proud of it. the mexican side is great. great, robert lighthizer, jared kushner, i mean you can do it. if you want to do it, you can do it. don't know. i they are canada, we are the usa. we all make decisions protecting our countries and our workforces. it's not pressure. it's just saying hey, look at this. [inaudible] what you want, legales

initiative that larry kudlow and i are working on. that is a major issue and something we are putting together. the kind of team we need to negotiate on tariffs. hopefully, we will open up new opportunities for american products. pres. trump: i think i can say that we are talking to china. they very much want to talk. they're just not able to give us a deal that is acceptable so we will not do any deal until we get one that is fair to our country. , we are doing very well. they did not want us to tariffs on their cars and decided that they were extremely happy with the deal they had. they told me, we would rather not negotiate, we are very happy with the deal we had. billion last1 year, they should be happy. .ut i said, i am not happy we were ready to do tariffs on their cars, but they came and saw us a week ago. i think we're doing well with respect to the eu. we are negotiating something that will be fair to everybody. a big difference from now. right now it is impossible. they have barriers were we can't get anything through. as fa

to an agreement on some key trade issues >> joining us is larry kudlow. thank you for joining us >> thank you, wilfred. appreciate it. >> do you see today's deal and announcement as a sign that the president's tactics on trade are working? >> yeah, i do. i think this is big victory. it's a big victory for growth and prosperity, a big victory for cooperation, a big victory for free and fair trade. i think all these things work together and yes, you know, one of things he's argued for quite some time is bilateral negotiations are really more efficient than all these multilateral negotiations whether it's three countries or 23 countries and i think that paid off with mexico and hats off to mexico. they're doing a great job in cooperating and reaching a very important deal where both countries. >> what's the message to canada, larry? well, the message to canada is look carefully we would like to coordinate with you. we would like to make a good deal with you. you've seen a lot of the issues. we also know there are stumbling blocks with regard to canada but fo

larry kudlow is the director of the national economic council, let's begin with your health. our you feeling? >> what happened, what did you feel? >> i was sick one night. i didn't have the chest thing, but i was just really sick. my wife called the white house medical and they diagnosed it very quickly. they sent a car and shipped me over to walter reed. they took teachers and said it was a mild heart of -- they took pictures and said it was a mild heart attack. i was on my last legs. they caught it early, which was really good. it could have been worse. i was in the hospital for two nights. they said no work for two weeks. i took two weeks off, the chief told me to take a month off. akeven mnuchin tells me to t several weeks off, because we were going to have new tariffs. he said you don't want to be around for this as a joke. i was called a couple of times. called, heime he asked how long i was taking off, i said two weeks. he said you will miss a lot. he called a second time and let go of it. he tweeted me. we were both coming from the g7 in northern quebec, which was int

. >> larry kudlow is the director of the national economic council. let's begin with your health. how are you feeling? larry: i am feeling great. thank you. jamie a new set of spark plugs. -- gave me a new set of spark plugs. i have new energy. if you have to have a heart attack, do it at walter reed. that's the best advice i can give anybody. >> what happened? what did you feel? larry: i was sick one night. i didn't have the chest thing, but i was just really sick. my wife called the white house medical, and they diagnosed it very quickly. they sent a car and shipped me over to walter reed. they took a bunch of pictures and said it was a mild heart attack. they put a couple of stints in to open up the arteries. i had a block. they caught it early, which was really good. it could have been worse. i was in the hospital for two nights. they kicked me out and said no work for two weeks. so i took two weeks off. the chief told me to take a month off. steven mnuchin tells me to take several weeks off because we were going to announce new tariffs. he said you don't want to be tv for this

media groups to shadow ban or silence conservative viewpoints that's why trump economic advisor larry kudlow says the administration isn't ruling out action even regulation you know we're taking a look at it in a statement google denies it searches are selective it says that when a user types a query into the google search bar its goal is to make sure they receive the most relevant alzheimer's in a matter of seconds search is not used to set a political agenda we don't bias our results toward any political ideology is not accurate this tech industry analyst says trump's allegation that tech giants are systematically biased against conservatives is nothing new if trump is google searching himself in finding that a lot of people don't like him that's because a lot of people don't like him to be clear that would also been true if barack obama had googled himself but conservatives in the us are pushing back it's basically an intergalactic invasion. people they point to the recent removal of controversy all right wing radio host alex jones from facebook you tube and spotify private tech companies

but the white house says, larry kudlow says, they're going to investigate this.ere does it go from here? >> he said they're going to investigate and winked at the same time on camera when he said that. i think what's interesting is you have to remember, this is not in google's favor. they want to have the biggest audience possible. liberal, conservative, and everything in between. for them to bias their results would be wanting them to get rid of part of their audience. and we know these tech companies want the biggest audience possible. >> it does seem like there is attention right now, especially for those on the left, who think platforms like twitter are not doing enough to actually limit or regulate, if you will, hate speech and those who actually propagate conspiracy theories. >> absolutely. i mean, you don't feel too bad for the tech companies because they're making money nonstop. at the end of the day, you're right, liberals upset at them for not taking platforms like infowars, these far-right platforms that spread conspiracy theories, getting them off the

here's larry kudlow. >> the president is impatient. so yes it to our team, take a look at raising the tariff on them. last 200. take a look. he's impatient. >>chris: how far is president trump prepare to go in his standoff with china and if chinese president xi jinping doesn't blink or back down, how long could this go on? >> i think as larry was in, don't underestimate president trump's resolve. for decades, china has been the principal malefactor trying to use a free trade aspiration. most of the rest the world has to pursue mercantilist goals. it steals intellectual property. >>chris: how far you prepare to take this? >> far enough to get china to change its behaviorand they need to understand that. >>chris: if they don't ?>> i think the pressure will continue and the president has made that very clear.

larry kudlow talking about how high-level conversations about trade had resumed. looking at rhetoric over the weekend, this is what the futures are factoring in right now. things seem a little bit quieter as you go to the u.s. -- as we .o through august, i should say we still have a season is less to talk about. you spoke earlier on. the hsbc cfo. we are going to be bringing that interview to our viewers as well a little bit later on. the numbers broke around 40 minutes ago. you spoke to this area. in the middle east. >> we did indeed. you do when i am away on holiday. you asked, are you running free? i asked the same kind of question this morning. what does he mean by we are in good shape? the top line numbers have delivered in terms of pretax profits. that was a little bit better than the market had anticipated. profitond-quarter pretax , the market had penciled in 6.05. when it comes to litigation they have taken another position. a civil money penalty. side of thencome business, the equity side, is something the market is going to focus on. it is about the neg

markets: on "bloomberg the open," larry kudlow, the u.s.cil director, interviewed at 9:30 a.m. new york. this is bloomberg. >> bloomberg's first word is brought to you by oppenheimer funds, the right way to invest. ♪ 46 minutes past the hour. tom keene has a well-deserved day off. the dollar is holding near a two-week high as investors expect another set of solid employment data later today. ully samra,now, k charles schwab u.k.'s managing director. still with us, alberto gallo. anything in here that's going to suppress the market and tell us the u.s. economy isn't on a tear right now? >> i don't think so. an economy n an , the laborclick market is really beginning to tighten. of the labor force has continually been talking about this tightness in the labor market. i think one of the other areas the bears have been talking about has been productivity. one of the things that was gdp number in the q2 is that productivity has doubled . think productivity is starting to improve. we are starting to get improved average hourly earnings growth. fr

of these talks on top of the situation in an interview on thursday charms top economic adviser larry kudlow said talking is better than not talking but the timing of these talks is crucial and investors seem to believe champ just hit the sweet spot in regards to timing right and then what comes out of the talking of course now i've been reading that there are. a result. in spending mode is that right yes absolutely funny and that by the way contributed significantly to the three digit gain off the dow jones as wal-mart was up more than ten percent in intraday trading it seems that wal-mart may see the best buy five again might be amazon is not lost yet wal-mart's a remarkable growth in its online business forty percent last quarter and they also have a strong guidance so this is an important development for this retailer so if she wants to new york thank you so much for your analysis. that you know a bridge collapse has sparked concerns about the structural integrity of roadway infrastructure everywhere many key bridges and roads in europe are decades old builds to outdated standards and no

let's bring in larry kudlow, director of the white house national economic council. set new records. i want to read you something that "the wall street journal" on the op-ed page says. they say we're glad to see mr. trump step back from the suicide of nafta withdrawal, but on the public evidence so far this new deal is worse. it's clearly a win for the president, larry, but why is it a good deal for american workers? >> you know, i think it's a very growth-y trade deal. in fact, i want growthier and growthier -- steve: are you making up that word? [laughter] katie: growthier. >> it's a kudlow word. i actually got it into a washington post editorial not too long ago. listen, i read -- my friends, my good friends at "the wall street journal," i think for them, you know, on a trump-adjusted basis, that was a favorable editorial, what can i say. [laughter] honestly, this thing does a lot are. we can cover the points as you wish. it keeps the integrated supply chain going in north america. that is huge for business confidence. it eachs up a -- opens up a lot of markets, it

have been holding high level trade talks for the two sides appear to found little common ground larry kudlow describes china's threat to impose another sixty billion dollars worth of tariffs on the u.s. this week and said the world's second biggest economy was quote in trouble the trumpet ministration continues to accuse china of stealing intellectual property and not playing by trade rules china as it is' those allegations and says u.s. protectionism is a threat to global trade. let's get more on this now with our financial correspondent so fisherman skee in new york sophie clearly the latest ratcheting up of trade tensions between the u.s. and china there how's that playing out on wall street. well investors here have tend to downplay concerns about these trade conflicts for the longest time and have been focusing on fundamentals and earnings but when we look at the charts out the dollar jones for example and other indices we can see subtle signs of declining optimism wall street lost a few points on per se on friday it did look at a little better again but it is gone all over that investo

we have larry kudlow saying you should not underestimate trump's toughness. there's also this tension existing. matt: it seems -- shery: it seems this is leading china to do some soul-searching on their own. do we have any idea what chinese policymakers are thinking? a as one official put it at state-run agency, this is the worst relations between china and the u.s. in 40 years. we have a story from colleagues today where they talked to dozens of officials and found they are calling this a cold war. china taking the place of where andussr was back in the war this is exactly what all these things are leading to. you have larry kudlow's comments, trump's tweets and the overarching theme is why is the u.s. trying to build us -- bring us down? it is less protecting the u.s. and the thinking is they are trying to displace our ambitions and we are soon going to be the largest economy in the world, so they are trying to knock us down. romaine: is the goal is to curtail china's ambitions, what common ground can these two countries find? officials will tell you the be