richard clinton will discuss the us to mom, the venezuela take back to port of microsoft. i was on pitts. he's been following me then some bullets up in columbus. it was the surprising outcome of a surprising meeting. really, nobody was expecting donald trump to send a special employee, richard right now a to can act as the capital the venezuela, to meet directly with president because my daughter and he said, that's exactly what happened. now remember that the us does not recognize my daughter as the legitimate president of the country at the us. like many other countries around the world, international observers end up in this weather, in a position that has been very close to trump in the public. and so i don't really believe that my daughter sold the elections back in july, and yet now we see that some seems to be open to talking to them and eventually negotiate with things. and we've seen that's one of the 3 this show of goodwill and part of the venezuelan throughout release. this 6 man. the us as a along that use venezuela of a resting us citizens. that many of jews,

richard quest, thank you so much for that boris. >> let's expand the conversation now with larry summers. he's a former treasury secretary under president clinton. larry, thanks so much for sharing part of your afternoon with us. i do wonder what you make of trump and some of his administration officials saying that canada is inciting this trade war through their actions. do you see it that way at all? >> it's absurd. >> canada is. >> our friend. canada is not an. >> important source of illegal immigrants. canada is not an important source of illegal drugs. kennedy is an important market for american products. canada is a crucial co-producer with american automobile companies that enable north america to compete with asia and europe. this whole policy is of the stop or i'll shoot myself in the foot kind. it represents a self-inflicted supply shock, a wound on the american economy. it is very dangerous. the major winner will be xi jinping. >> why do you say that? >> because we are with our tariffs on china, giving him an excuse for their poor economic performance and ability to blame it on us, because by alienating all our traditional allies and