. >> look we can have megan. >> on in a moment. >> but you. >> can. look at the. >> market and see we have not moved on that headline. >> fascinating. >> they are right now keying in on what the mexican president said on x. >> this morning. >> we were able to confirm. >> that appeared to confirm. yes, exactly. so for now we'll. >> go. >> with that was confirmed. right. so president trump kelly, here's what's interesting about this. he's linked the new tariffs to progress on issues like fentanyl, immigration and trade deficits. so that suggests that things mexico, canada and china can do to undo them. but he's made other comments that suggest maybe, hey, they could be more permanent. for example, he posted on truth social this weekend quote, make your product in the usa and there are no tariffs. that suggests a different and more permanent underpinning for tariffs. and then when campaigning in october 2024, he said we were a smart country in the 1890s. this is when the country was relatively the richest it ever was. it had all tariffs. it didn't have a

megan, what can you tell us? >> hey guys, some questions here too, about the viability of a sovereign wealth fund. i would add, for a country that's 35 or $36 trillion in debt, so much more to watch on that front. a whole lot of headlines to bring you here. we just listened to the president talk for about 35 minutes with the pool reporters in the oval office. we were just getting that now. and the first thing i want to do is clarify what we were talking about last hour, about whether or not there's still a deal with mexico to delay these tariffs. it looks like, yes, of course, that deal is still in place. there was a question from a reporter that asked, could canada and china also be out of the tariffs if negotiations are ongoing today? and the president responded, nobody's out of the tariffs and signaled that, of course, the next 30 days will matter greatly as to whether the tariffs will take effect a month from now or whether they'll be postponed further or perhaps indefinitely. but he went on to say that he ha

what a day. >> megan. >> what a day. melissa. that's absolutely right. at least two legs of this trade war are now on pause for at least a month. a message coming in from president trump just seconds ago on truth social, confirming that news that he has reached a deal with canada to delay those tariffs. that comes after canada promises to carry out this $1.3 billion border security plan. trudeau also saying that he will appoint a fentanyl czar to take care of that at the border. trump saying that it will be at least 30 days that those tariffs are on pause. that comes after he reached a similar deal earlier today with mexico president claudia sheinbaum. she agreed to send 10,000 troops to the southern border to focus on fentanyl specifically. she also said that the u.s. made some promises to not send so many weapons across the border into mexico. also, at least 30 days on pause there. negotiations ongoing. so we will play this game again a month from now. and the open question at this point, melissa, is what's going to happen with china? 10% tariffs on al

. >> our megan cassella joins us now with much more on this story. megan.morning. >> good morning frank. so it's official. >> now. >> this is president. >> trump following. >> through on threats that he's made for years but never fully carried out in imposing these sweeping. tariffs on the us's three largest. >> trading partners. >> and the actions go a little bit. further than we had initially expected. >> there are, of course, the 25% tariffs on canada and mexico. >> and 10%. >> on china. >> that we had. >> expected. >> but there's also a. lesser 10%. tariff only on canadian energy. >> products products. >> and there are no exemptions, meaning no company can apply for relief to get. >> their product. >> carved out. the white house also unexpectedly. >> took away. >> a rule that allowed smaller. >> packages worth. >> less than $800 to come in duty free. now, that's a step that will especially hurt small businesses and the platforms they use, like etsy and. >> shopify. >> as well as chinese fast fashion retailers like sheehan and tamu. now, the value of goo

. >> over to megan costello. >> for the latest. >> on the tariff front. megan. >> hey, mike. it's been a busy day, and it's a make or break hour now for canada, prime minister justin trudeau and president trump meeting by phone as we speak for the second time today as they try to work out a deal to delay or to scrap tariffs entirely. so far, we know that after they spoke this morning, president trump had a number of questions for canada, including about u.s. banks being able to operate up there. so a major question now on whether the two sides will be able to reach a deal before trump's tariffs and before canada's retaliatory tariffs are set to take effect just after midnight tonight. also on the president's list of calls today is china, who he says he'll talk to probably in the next 24 hours. >> what i have. >> discussed is we'll have some good meetings with china. we have meetings planned and we'll see what happens. but that was just. an opening salvo. if we can't make a deal with china. >> then the. >> tariffs will be very, very substantial. >> so only one third of this tr

. >> yeah i'm megan again.of you know including of course what we think the ask is. you know and i think many people are trying to understand is it really about border security and fentanyl and prohibiting that from getting into the country, or is it more about the numbers? do you have any sense in terms of the conversation and where there might be common ground? >> just a little bit of sense so far. when the white house was asked by reporters over the weekend what exactly the president would be looking for, they spoke very vaguely about this. they said there would be a wide range of metrics, and that included zero american deaths from fentanyl and only legal immigration. so not the kind of thing that can happen, of course, overnight, but maybe some sort of more money towards border security, for example. the indication so far is that mexico might be doing more to satisfy the president at this point than canada is. he seems to be less pleased with our northern neighbor than with our southern. but i also asked t

megan hayes, is that a fair assessment from the new york times of where democrats are right now? >> yes. i think that there is a big divide still of what what the messaging should be. i think you have a lot of people who want to move back to the middle and talk about the economy and talk about how to build back out the middle class from the bottom up. and then you have a lot of people who are still in the identity politics and still want to move further to the left. so i do think that the democratic party is going to have to figure out where they are, or they will continue to lose. >> i mean, it's like an anvil. hell, on the entire party's head. and they're very stunned and they can't decide whether or not it's a communications problem or an agenda problem. you saw like what tim kaine just said there. that's more of saying it's a messaging problem. our agenda is fine. and you have people out there like rahm emanuel and then also even some other democrats that are saying we have to move to the right on issues like immigration, the border crime. we have to meet voters where they ar

megan. >> cassella joins. >> us right now with more. >> megan, good morning becky. >> good morning. president trump acknowledging there are some pain from these tariffs. not something we often see. and now he's carrying out these threats that he's made for years. and his actions i will say go further than initially expected. there are of course, the tariffs we knew were coming. you just mentioned 25% on canada and mexico, 10% on china and on canadian energy. but there were two surprises. the first was no exemptions. no company now can apply for a carve out. and the second was that the white house took away a rule that allows small packages worth less than $800 to come in duty free. that's a hit to small businesses and to fast fashion retailers like sheehan. so the value of goods impacted here is around $1.3 trillion or so, more than triple the value of goods that trump hit with tariffs in his first term. and that's before you count in the retaliation that's likely to target sectors like agri

megan, what more do we know about what happened? what we know, according to russian. >> state media, is that. >> armen sarkisian. >> was in the basement. >> of this luxury apartment block when this bomb went off. killing him, another. person and injuring three others. now we're hearing from a ukrainian member of parliament who says that sarkisian was taken to a hospital. he was in the icu where he later died. but as you mentioned, when you take a look at the images that are coming out of the scene here, you can see just how intense that bomb really was. he was in the basement, and you can see the doors of the lobby just blown off windows around it, blown off. a large police presence. the russians believe that this was an assassination. they are trying to dig into who orchestrated this. but to give you some background of this guy, i mean, this is someone that ukrainian officials have called a crime boss who operated in the donetsk region of ukraine. so that is the eastern part of the country that is largely controlled by russia. ever

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know, since she knew us in the megan, even jesse was with the ser, the out. so view the sort of well know who, who you on on the, on the silver the much just delay or service is that they were the ship dodger by you. she is us monday. i'm on risk of papers to apparently a 100, especially if he is a ship. that's not the way you know, but them. so you get this full day, a lot of trouble and i 0 plus or minus clips to the along is they use pressure onto the on august the 26th, while visiting the best fortress on a tour of the eastern front. it was accompanied by get to these 2 tables and leaning. the trip was intended to strengthen the alliance among the members of headless coalition, and to prove that victory was imminent, the damage believe butler was at full and, and introduced an occupation regime across the republic. the english 3, i'm sorry for that you cannot get on the sort of the ocean velocity from associates wants us for games plus orange cause right now like it just means to put a single budge in the summer before getting married until a 2 to 3. the

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. >> my name is megan and i live in the neighborhood where the project is planned.o housing and i support this proposal. >> the current structure is in deep disrepair. it's not structurally sound and it's been uninhabited for years. it's attracted rats, attracted crime to the neighborhood. the proposed building has been thoughtfully created by community members who have been in the bay area for decades and it increases the units of housing while providing light and great space for the neighbors as well. it also improves on an adu which is important for folks with low mobility or fixed incomes and i think it would be a really great thing to be able to increase the housing in san francisco and improve the neighborhood. several of the neighbors have written in letters of support as you heard earlier and were present here including john who had to leave but also expresses his support for this project. so we're all very excited for this project and we hope that it can be passed. thank you. >> hello, my name is neil o'shay. i'd like to share with you another of the letter