#make america great again and here's how the white house national trade d peter navaro explained it. >> you'll see stories pop up like this in order to sway public opinion one way or another. we want harveys made here. more made here and that's going to happen under the president's trade policies. >> then why is harley moving? >> because they're trying to maximize profitability. that's what they have to do. they must do that. if a ceo says i'm going to put my loyalty to presidential policy above my return to shareholders, that's not how they're run. harley doesn't want to be moving these jobs overseas. >> so is the message the same? trust us. >> they keep saying trust us. it's all going to workout but companies have to make decisions in real time based on the information they have today and the information they have today is that tariffs are going up. we don't see how this is going to end and no one is telling us the plan for how we're to get to lower tariffs rather than higher tariffs. >> late yesterday, ben who is a republican senator released a statement that said tariffs are stup

white house trade adviser, peter navaro here on primetime.hris, you got to spend a little more money for a better board there. know ike the low tech. >> i guess you do. >> least of my problems. i will take it under advisement. >> by the way, congratulations. the set looks great. i think your show is going to be great. congratulations. >> high praise appreciated. good to have you be part of it. let's get after it on this. the idea of -- invoking trade measure that are negative against friends and foes at the same time. why a good idea? >> so, let's start with first principles here. we have, steel alum numb tarif s s that went place for a reason. as president trump said without steel and alum numb industries in the country we don't have a country. so the challenge we face from a pal s policy point of view. how do you do that? we have 20 countries flooding our market with steel. 15 flooding our markets with alum num aluminum. tariffs were the answer. tariffs are not aimed at a country. strategic rival, china, ally, friend, canada. they're a defe

times" reports that the trump administration told cook it wouldn't place tariffs on iphhoesh today peter navaro countered he had no knowledge of any such exemption. apple could gett caughn the cross fire in other ways. apple is concerned that the chinese government could cause delays in the supply chain in retaliation for the president's proposed tariffs. some analysts say they aren't too worried. >> we estimate 100 million in cost could increase. so it's not cost perspective. the worry is from the supply chain pefpective. asow i think it is more of a scary headline than a reality. that is what investors are concerned about. >> analysts note a potential advantage for the iphone maker sells ana popular device in c and its assembly employs a lot of people, more than 1 million chinese work in some way on apple products. i'm josh lipton in san o. franci >>> before we go, maybe against our better judgment here i another look at the big declines on wall street. the nasdaq dropped 21 the s&p 500 was down 11. "nightlhat does it for business report." thank you for watching. >> thanks from me, as well. h

. >> let's take a moment to listen to that sound because you bring up peter navaro. pretty stunning the word choice he used yesterday on foxnews. >> there is a special place in hell for any foreign leader that engages in bad faith diplomacy with president donald j. trump and then tries to stab him in the back on the way out the door. president trump did the courtesy to justin trudeau to travel up to quebec for that summit. he did him a favor and was willing to sign that socialist communiq communique. >> i think a lot of people would take issue with calling it a socialist communique. this is what trudeau said on saturday. >> i have made it very clear to the president that it is not something we relish doing but it is something that we absolutely will do because canadians are polite, reasonable but we also will not be pushed around. >> d that warrant the reaction from the president that it got? >> i don't rilike the name calling. it is not productive to be name calling. let's go back to cada. canada is our closest ally in the world. we want to continue a very strong an

they're projecting such positive vibes towards kim jong-un, and nobody is correcting what peter navaro, what the president himself has been tweeting today and what they've been saying about canada's prime minister. >> it's really a bizarre spectacle here. you've got the president and secret state projecting just incredible optimism about what's going to happen here tomorrow, and brushing aside as though it's almost irrelevant, an absolutely unprecedented blowup between two close allies. mike pompeo saying it's anner ta -- an irritant that comes up and will be settled quickly. but at the same time, they're probably transfixed, as we are, with the drama of what will unfold here tomorrow between president trump and kim jong-un. >> and kristen welker, you were in quebec. as we set the stage for what's going to happen here in the next nine hours or so, you saw the president signing on to this statement, which had been watered down to get him to sign on. and then being the first president, as soon as he lifted off on air force one, to not only trash the prime minister of canada, but to refus