tobin: i think the e.u.as been the most significant target for possible bilateral tariffs, other than china. we have seen those threats in the canada and mexico case as well, although i've always been inclined to look at those a little more as negotiating tactics, but the e.u. along with china are the major trading blocs, where there are significant serious grievances about bilateral trade practices and the way the trade relationship looks, and i could absolutely see higher tariffs on a variety of product categories, auto being obvious. annmarie: because that cap -- gap is so large. when it comes to taxes, do they need to get the corporate tax rate down for companies to be willing to produce more in the united states? tobin: getting the corporate rate down to 15%, specifically for domestic production, that is quite likely to happen. that is a relatively affordable policy to fit in the tax bill, much more so than some of the things he has been rooting -- reiterating support for recently. they will probably ma

>> bret: mike tobin live in chicago. waiting for pick for budget director.here is a delay in the process for the nominee to lead the fbi. and the man behind the department of government efficiency as we have been talking about is getting an earful from capital hill. senior congressional correspondent chad pergram has our update from the ill. >> a simultaneous multi level fight over fbi director nominee kash patel, budget director pick russ vought and elon musk. >> none of us went out in the elections and said if you elect me i will promise to cower before the first bully who shows up. >> democrats mounting a resistance of a blockade of kash patel. >> kash patel has a goal it's to wreck the fbi. >> democrats temporarily bottled up patel's nomination in committee. >> so this is going to be delayed for a week but no hearing. >> customary delay a week. >> that chokes off patel's nomination from the senate floor until at least next thursday. >> it means that about 168 hours from right now, he will be confirmed by our committee. >> on the floor, democrats stretche

so i will now go to senior correspondent mike tobin in chicago with more on this.o you have colorado saying yeah, we aren't a sanctuary state. many areas saying that. what pam bondi will do now is we'll take on the ones where the sanctuary areas are a problem. we're going after criminal illegal aliens. >> they aren't wasting time. a day after pam bondi took the oath of office a lawsuit hit the books against illinois leaders. the lawsuit is essentially an injunction blocking local and state laws like the illinois trust act and chicago's welcoming city ordinance. it say they violate the constitution and supremacy clause and interfere with the federal government. the attorney general directed a pause on federal grants to chicago through the justice department. ray lopez tells fox chicago police are dependent on federal grants. other cities could soon find themselves in their sights. >> we'll hold sanctuary cities accountable and take them on and we'll take them to court. again, it is -- everybody -- every elected mayor and governor and city councilman. >> trump nemesi

stuart: mike tobin, thank you very much.ng to tafanely nu times poll, most -- a new york times poll, most democrats feel the party doesn't share their views. mitchell brown is with us this morning. have democrats not figured out why they lost in november? >> hey, stu, no, they clearly haven't. i don't want people to go watch it. i've already watch it had for them, but some of the clippeds from the dnc vote on saturday are out, and their platform clearly has not changed and their leadership coming in has not picked up on the signs and a bunch of people went on stage yelling at the crowd members to be silent because a black woman is speaking. she's showcasing her power. they did not talk about economic policy. they talked about, as you showed that clip before, what gender or non-gender they need on the board here. no, they haven't learned any lessons or messaging plan and don't have a single policy to go out and actually give to the voters. stuart: is there an acknowledged leadered of democrat party? senator schumer? who is it

that's where we find mike tobin.s as sanctuary city mayors refuse cooperation with federal authorities trying to get illegal migrants out of communities. pam bondi sworn in as u.s. attorney yesterday one of her first attorney general, first actions was to issue a directive that federal grants through the department of justice will be refused to jurisdictions that don't share information about illegal migrants. the trump administration went after undocumented people with criminal records. this pause in federal funds extend to cities like denver and boss tons who mayors don't want cops cooperating with federal counterparts. >> regardless who is in the white house. chicago is a city that opens its arms to people from around the globe. >> local communities implement local laws and federal government can implement their laws and we are not forced to participate in their actions, just as they are not asked to carry out filling potholes and other things like that as well. >> the house overside and government reform committe

. >> i did mike tobin the water and i decided it's not for me i've incredible opportunities right nownd and my podcast in my book and my four children i think i'm good. >> if anybody's complaining i don't have the time, rebecca made the time it's great to see you. >> rebecca minkoff the book is called fearless the new rules for unlocking creativity, courage and success. thank you, top silicon valley tech leaders brushing up on their friendship as a.i. revolutionary descend on paris for the a.i. summit is money the best weapon. if so amazon has $100 billion to spend much of it going to amazon web services. coming up aws. >> garmin is here and a fox business exclusive on where all the money might go to build out a.i., rockwell automation rocketing to the top of the s&p at this hour wait until blake is using a.i. to help his manufacturing customers make artificially intelligent doctoring floors, hardware meets a.i., the c "the claman countdo" coming right back. stay tuned. because we believe the more ways we all have to move forward. the further we'll all go. morikawa on 18. he is really

and their president and ceo, jim tobin, joins me now. jim, thanks so much for joining me. just to start, what is your sense right now within your organization of the actual impact of 25% on canada, 25% on mexico, on all imports as it relates to home building? >> there isn't a room in the house that isn't impacted by imported materials. china, canada and mexico are by far our three biggest trading partners when it comes to building materials, so i expect we're going to see prices go up right at the start of the of the spring building season. >> i think the difficulty right now in talking to folks across the business community is, you know, day one in this administration, there is an executive order about trying to address high costs, housing being one of them, specifically a provision in the executive order on on prices. um, this seems to run counter to that. how does your organization try and figure out the through line here? >> well, president trump ran on immigration. he ran on tariffs, but he also ran on housing. we have affordability, housing affordability, housing aff

i'll be supportive as we translated for another chinatown merchant and that guy hong i had time guy tobin geiger like one thing for them. do you think you how like our sales and ted thought tim or the whole andover coming what they thought you me and how it all gonna come king do what they give potala him and they allow you can case you now hold up both our quantum wang on what they whether you got a good yang so mine king i hope gonna anger coming out they don't see though they don't place at the horse jump onto the idea so you get to come eating a layton guys are you feeling what they though whole yeah yang are they got phone for tomorrow the whole you some happens okay they get some down alignment i had on guy to my case i some fancy i gotta go there so important somebody allow you though you can poke out the hold all that you a back then he's here you got guys all go on the allowed you there but maybe tongue you yeah my you on how that you into my gut you gonna your sue song if i'm there i can point for i'm hey get you go i took a lot hola you utah guy sample hike 111 that so you hey

i'll be supportive as we translated for another chinatown merchant and that guy hong i had time guy tobin geiger like one thing for them. do you think you how like our sales and ted thought tim or the whole andover coming what they thought you me and how it all gonna come king do what they give potala him and they allow you can case you now hold up both our quantum wang on what they whether you got a good yang so mine king i hope gonna anger coming out they don't see though they don't place at the horse jump onto the idea so you get to come eating a layton guys are you feeling what they though whole yeah yang are they got phone for tomorrow the whole you some happens okay they get some down alignment i had on guy to my case i some fancy i gotta go there so important somebody allow you though you can poke out the hold all that you a back then he's here you got guys all go on the allowed you there but maybe tongue you yeah my you on how that you into my gut you gonna your sue song if i'm there i can point for i'm hey get you go i took a lot hola you utah guy sample hike 111 that so you hey