you've got wilbur ross, who does know quite a bit about the steel industry and peter navarro. he had been advising the president on economic issues throughout the campaign. once president trump won, things changed a bit. that's when he added steve mnuchin as treasury secretary, gary cohn and then you've got rex tillerson who used to run exxonmobil as secretary of state. >> who's by definition a globalist because he does business with everybody around the world. the one thing that's interesting about this is that president trump ran and some say got elected on this america first message, saying that every trade deal he does has got to be good for the american worker. while there are some economic inconsistencies with that idea, he has said that. every time he meets with somebody, including south korea when talking about north korea, he talks about american workers. >> but the idea of what america worker where. it was peter navarro as well as wilbur ross who were pushing saying let's look with our trade agreements with canada, i don't think that works for us, until the ag secret

the chief domestic policy aide you've got peter navarro who has been heading the national trade council possibly wilbur ross the secretary of commerce on the side of much harder law in trade policies opposing them again presumably is the so-called goldman sachs gang gary cohn who was the former chief executive at goldman sachs who now heads the who now heads the national economic council and steve minucci in another goldman sachs alum the treasury secretary of course steve benen worked for goldman sachs too although he was not like you know he was your serial big wigs i was just a trader so well that's interesting as i mentioned that the media is talking about this oh there's one more faction as it's very important that very strongly against any steel trade tariffs and that's the national security crowd general mcmaster the national security adviser general mattis the secretary of defense i would imagine rex tillerson former exxon chairman now secretary of state this is i'm sure they hate this idea they see steel tariffs as raising the price of steel raise the price of steel you raise t

secretary's peter navarro came out and said that secretary bret came out and said that they have the same interest. we have a different agenda in syria. we have a different agenda in the middle east. one of the things that concerns me about all of this is that it feels like the third round, now, this russian reset mentality. george w. bush came in, said he conceded to vladimir putin's goals. the obama white house had a disastrous attempt to reset things because they didn't believe that russia had interest that were different from their agenda. and donald trump, perhaps because he thinks he has his personal relationship with putin, they think they can, again, use personal diplomacy and personal relationships to get over the fact these are proclamations that are at loggerheads on a lot of fundamental issues. >> bret: jonah, let's push back a little bit on that. let's say, broadly, the u.s. and russia want isis to fail. broadly, the u.s. and russia want some kind of stability, whether it's different stability in russia or the u.s. and perceived in syria. isn't that some kind of joint go

six month ago, peter navarro, donald trump's trade adviser, says the euro is grossly undervalued.till 14% below its fair value against the dollar according to the purchasing power parity model. 117. 50 model. highs not seen since january 2015. vonnie: fascinating. we will be speaking with mark chandler 30 minutes past the hour. we will definitely dig into that data. to the big corporate news. julie hyman mentioned earlier, scripps says yes to discovery. charter says no to sprint. forovery is by scripps $11.9 billion, creating a cable giant, but charter is not interested in a deal with sprint. sprint's owner is undeterred. lots to discuss. foring us is paul sweeney bloomberg intelligence. let's begin with discovery/scripps buy. lifestyles and reality tv, they do similar things. is a wise combination in the context of what we have seen in the past two years in terms of consolidation on the media distribution side of the deal. at&t by directv, time warner cable being acquired by charter, so we have a lot of consolidation on the distribution side. if you're dependent upon distributed

peter navarro on trade. then you have the press office, which is kind of being squeezed, communication shop being squeezed and operating almost as a normal press office might, trying to change the subject. part of the reason we're seeing these weeks, not because of incompetence, this the way communications staff is supposed to function. on the other end of this to complicate this, you have the entire legal team expanded over the weekend to include ty cobb, increasingly occupied with the russia investigation what you are seeing here is an imperious president determined to do what he wants to do and a whole universe of other people who are factionalized who are trying don't ask, don't tell what they want to do. dallas dissidence. >> thanks for joining us, glenn thrush of the "new york times." glen just mentioned russia investigations and meeting donald trump jr. had with the russian lawyer he thought would give him dirt on hillary clinton. in fact, the president himself is still talking about it, tweeting less

now that is a minority position push by steve bannon, wilbur ross, peter navarro and stephen sm miller do see that minority get some wins. we saw them get a big win on withdrawing from the paris climate accord so i think it's deaf nuttily based on the issue i don't think you can make sweeping generalizations about the influence of any one staffer in the white house >> all right one last thing, jonathan how serious should we take your note about cohen considering resigning if he concludes the tax reform is dead >> well, i should be very clear about this these are people who know cohen and speak to him and this is very speculative but they are firmly of the view that once gary cohen realize that's he cannot pass tax reform, he's out of there. that's the only reason he came to washington. he wanted to pass tax reform he doesn't want to pass timid milk toast tax cuts. he wants big transformational tax reform he wants 1986 reagan historic tax reform he doesn't want a little tax cut. that's not why he came to washington >> jonathan, thank you so much good intelligence. jonathan swan. >>> whe

him anymore, reince priebus, jared kushner, the kind of hard or nationalist group people like peter navarrond stephen mueller, when it comes to economic policies. this has been the team the president has wanted and he's known there have been divisions among state. yes, you can talk about wanting a more united team in there. it's a good legitimate point, a more populist team. the question is, can they and the end, it's all about policy. and being able to get things through congress. if this was a populist wave that may have helped elect donald trump, there is no populous way on capitol hill and you still have to deal with the entrenched republican power structure on capitol hill, people like paul ryan and mitch mcconnell. i'm not sure if you put scaramucci and lewandowski, fl have better luck dealing with republican leadership in the house and senate than this group has had. so far, it is not that much. >> melissa: this is melissa francis. i've been dying to ask a financial question, i don't know if you know the answer to this. >> before you begin, i was told math would not be a part of this

in our viewd a that the globalists in the white house seem to be on the assumption compared to peter navarro as potential risk factors in the global trade market. i do want to caution and i want to agree with the previous guest that i really think today is going to be more about motion than movement. there are going to be a number of modest steps forward on china-u.s. trade dynamics, especially the american beef market opening up and the secretaries pushing for more access to the financial services industry in china. these are not going to broach the big concerning topics -- things like trade, things like intellectual property, things like the overall trade deficit, things like china's ownership of u.s. debt. jonathan: at this point, the polls are not looking good for the white house. for the president of the united states, he faces the very real prospect this year of getting through the year without a major legislative win. where can he win? isaac: this is our bet and this is what we are buzzing clients . first, continue to expect administrative shifts. in the financial services sector, i t