they country is in both, tpp works better. the pound has risen against the us dollar and the euro amid growing optimism a brexit deal is close to being agreed. it came after a significant breakthrough in talks between the uk and eu officials with a draft text ofa and eu officials with a draft text of a divorce deal agreed. 0thers and eu officials with a draft text of a divorce deal agreed. others are warning the sterling's rally could be short lived. from baby kangaroos to tiny possums, vets in australia regularly see injured native wildlife that need help to survive. what started as a desire to have —— how those animals has created a business idea. we have been to adelaide to find out more. a1 in, if you don't like cute animals, look away now. —— a warning. it is baby formula for specialised animals. at the time, there was really no suitable products for these animals. these animals are effectively were being fed cow's milk and because they're particularly being fed cow's milk and because they‘ re particularly intolerant bein

you saw with tpp. the transpacific partnership where present walked out of that agreement on the third day in office after all he spent a lot of time sitting in the three days and decided that was the right thing to do. the chinese took advantage of that and they made their alternative to a higher priority. that's one thing. the bad people, the bad news. the other is that perhaps, our friends and allies will start filling. has that as a second story. japanese and australian canadians and mexicans and others saying, if the u.s. is not there, we will not be part of it. they said if the u.s. is want to be there, it's their lost, not arcane but it's their loss. we're going to continue together to figure out whether we can maintain at least some of this trading regime. they are filling the gaps. the hope here is, beckons never say 12, if the vacuum dust stay for a while, not only the chinese and others who want to fill the gap, will do so to their advantage but maybe that's some of our allies will step up a

dropping out of tpp made it worse. not only are we not getting the benefits of tpp, we are being replaced in the marketplace with -- because we cut a deal with the european union. so the smart thing to do is to try to get some of that back. but i would bet a decent amount of money that is not going to end up being about car quotas and it's fair to say the government has figure that out and is concerned about it. >> thank you. south china morning post, maybe a question for chris. i wondered how prominently you envision the belt and road theiative featured at summit, either on the agenda for the u.s. or other parts of the country, particularly in light of the fact that it seems to be a move from china to increasingly legitimize the program, partnering with high profile partners like japan. >> i think it will definitely feature probably more in the background, maybe then in the foreground, but the administration's been pretty clear in connecting the programs credits or economics. they see them as one. that message is like

and three was get rid of tpp. >> well, actually -- >> here's what i want to ask.ou have been quite successful, the administration has, in renegotiating -- i mean, you have the usmca, which is a feather in the cap. you have a renegotiated korea deal. why not renegotiate tpp in a way that works with all of our economic allies in the region? because if you know anything about china, as you do, most people who know china think that if there were a regional economic alliance that didn't include them, they would do everything they could to join it and that you could use that leverage in order to exact certain outcomes. >> true. >> isn't there an opportunity for the trump administration to make tpp better? >> we are, effectively, renegotiating tpp within the context of bilateral negotiations. >> are you working on a bilateral with japan? >> yes. that's already been announced. >> yeah. >> this is -- i mean, this is like -- peoples heads are spinning, because, you know, initially, everybody, including people on capitol hill, were criticizing the president for being reckles

are some concerns particularly on the economic and trade side where because of the withdrawal from tpp and its non-replacement by another credible regional trade strategy there are questions about that. use the vice president trying to address those things by fleshing out some of the points that were raised in the pompeo speech like digital connectivity which was a specific item that the secretary of state mentioned, infrastructure, energy. these are areas you should expect to see some discussion of by the vice president when he's there. the third reason for skepticism or questions is a fact it's the vice president and off the president. because as you probably heard us on this panel said before, in asia 80% of of life is showing up, and then watch this stuff carefully, particularly in southeast asia. he's going to face those headwinds, but the other way to look at this is there's a real opportunity for the vice president to try to flesh out some of these points and convince folks that the approach, the united states is committed to the region, and it's free and open indo-pacific does

bolton: on tpp, let's be clear. hillary clinton said she would get out of the tpp, too.inthe two major contenders 2016, neither believed in the tpp. hillary may not have been telling the truth, i'm just throwing that out as a possibility. i think she would have withdrawn from it as well, or withdrawn from the negotiations. look. i think that the tariffs that the trump administration has imposed really are an economic version. imposed on china, an economic version of what we have done with the inf treaty. i remember vividly the arguments made by china when they came into the wto that by bringing it into the wto, international norms would pressure chinese behavior, that things would change, and they would become a more market-oriented, rules-based society. instead for more than 20 years, they have continued to steal our technological property, engaged in transfers, discriminate it against foreign trade investment . and donald trump called them on it and said, you are not going to get away with it anymore. for all the other disagreements we have with europe on some of these

. >>> on tpp, let's be clear, hillary clinton said she would get out of the tpp again. the two major contenders, neither one of them believe the tpp . >>> hillary may not have been telling the troth -- the truth, she would have withdrawn as well i think. >> i think that the tariffs that the trump administration has imposed are really an economic version imposed on china. and economic version of what we've done the inf treaty. i remember vividly the arguments made when china came in by bringing it into the wto, international norms would pressure chinese behavior, things would change, they would become a more market oriented rules based society and instead for nearly 20 years, they've continued to steal her international property, engaged in force technology transfers, discriminated against foreign trade and investment and judicial decisions and donald trump called them on and said, you're not going to get away with it anymore. for all the other disagreements on economic issues, they feel the same pain from chinese behavior in it and technology transfer and, i would say,

looking forward to be able to finally so they're a greatheir great iowa e chinese market because the tpp. we will do a deal with the european union and so they canceled theirs in japan. it's going to go in and undercut and that is why these decisions matter in part of what we have to do is explain to people how things are connected. to what extent do you think donald trump is a symptom rather than the cause of this abdication of the global leadership. is there a historical wave that the two of you discern in the research but you wer were doings the? >> in some ways he's writing and directing the wave and isn't trying to go the other way in terms of both populism and nationalism. let's not underestimate and we don't talk enough about nationalism. what's happening in europe and you know as well as i do it is the emergence of nationalism. the rules-based order was designed and knowing that is one of the tendencies to think about nationalism and to compare the advantage of one against another as opposed to the competitive advantagcomparativeadvantage ofe another to deal with common problems

so you know, i understand people look at the president saying tpp is dead.l as somehow difficult but trying to do even bilaterals has been hard. as much as i applaud the obama administration for negotiating they never reached a conclusion where they could say, here, to the senate, this is a good deal for america. that is one of the challenges. for example in the atlantic portion of the these two trade deals, they never even negotiated the most important part for american production, which was our agricultural section, which is currently a challenge. connell: let's make this to be continued especially as you move into your new position. good luck with that congressman. we will keep talking about the issues. congressman darrell issa. >> thank you. melissa: putting up a fight, nancy pelosi is pushing full speed ahead vowing to be speaker of the house but there is a growing list of democrats saying, not so fast. ♪ but some give their clients cookie cutter portfolios. fisher investments tailors portfolios to your goals and needs. some only call when they have som

may be hillary clinton opposed tpp would have gotten that through e-the year on - - easier so the reason is straightforward because of political salience if you think you lost your job because of foreign competition that really hurts if you think you are getting cheaper goods as a result of international trade, which you are it is nice for something to cost $1.50 instead of two dollars but you don't really notice that. bows that are really affected negatively are really affected so in political terms somebody that lost their job with foreign trade will be more agitated by that. and there are interest groups to amplify that it is clear globalization has had some affect on american competitiveness in all areas. but the loss of manufacturing is doing much more than automation so maybe if we were not doing quite as much activity in other places we could be more competitive in those industries as well. >> so you mention the american public would be for a shift so if the american public with the foreign-policy quick so more broadly does that get to issues like china is involved with the tpp fr

business perspective, we were very supportive of tpp and we think it is a business and strategic lossor us. we think at some point we will somehow,-- reconsider but we are excited the president move forward with new strains of negotiations. he has an ounce with congress he plans to enter into negotiations with japan. there has been move forward with new strains of negotiations. rumors about the philippines. vietnam is maybe a step behind the philippines. .> alex feldman speaking to us >> thank you so much for that. just getting japan third-quarter gdp numbers crossing the bloomberg. a little bit worse than expected. the annualized quarter on .uarter number sought a decline the quarter on quarter number is a contraction of .3%, as expected, falling from a .7% gain. .e do see that rebound nominal gdp seasonally adjusted, .3%. we are seeing private consumption falling a little bit as well as business spending falling where we were expecting a gain. stories about the china slowdown, the impact of the trade war, but we also have to the in mind we did have effects of typhoons which would ha

presumably, president obama thought it was a good idea to be in tpp.sident trump got something done with canada and mexico. without blowing whole thing up, isn't that progress? the avoidance of a disaster. avoiding a disaster is not exactly a winning strategy for trading the economy. what you have to think about is where we go from here and what is the actual game plan. tariffs is not a strategy. the chinese have been fairly smart about where they have taken the tariffs to retaliate against the americans. we know that they have gone after bourbon in kentucky, harley davidson motorcycles in wisconsin. there are some big races in the midterms that could be decided by trade. no question the president's actions on trade and tariffs have given the democrats an opening on the economy, something they are happy to run on. president wants to take us, doesn't that lie in the economy, including in the jobs numbers, which are very promising? how do the democrats respond to the fact that president trump has taken the economy in a good direction? >> the first thing

trans—pacific partnership, the comprehensive and progressive tra ns—pacific partnership, the revised tppt is still set to go into effect without the us. in fact. six nations have ratified it. it accou nts nations have ratified it. it accounts for 16% of the global economy. you also have the regional comprehensive economic partnership, this one has china very much front and centre. many of the leaders are also talking about that. but of course there is also the optics, the fa ct course there is also the optics, the fact that us president donald trump is very much absent. he sent his vice president mike pence instead. and all of this against the backdrop of the us— china trade war, which is something that a lot of small nations in this region are really concerned about. one of them of course is new zealand. and i spoke to its prime ministerjacinda ardern who said she is concerned about the trade tensions. some of those impacts i think we see are those that are being seen globally, you know, downgrading around the estimates of global growth, impacts oi'i estimates of global growth, impacts

let's get into this whole tpp deal. >> said the tpp was really orchestrated with china and mine.o be part of it, but all the rules about state owned enterprises and go up against general electric and are able to outbid them and projects come you can't do that anymore. if china wanted to enter was going to have to abide by the treaty. by the way come you could rename it. it could have some other name on it and claim credit for it. >> he could very well. they saw the return of deals in there that were advantageous. peter navarro, so maybe there's some other iteration, but it takes a long time. you can't do something like that within two years. we'll buy more oil, by more than us, buy more of that coming again it can outlast president trump. maybe it will be able to outlast president trump. we don't know. it's not going to be able to outlast the sentiment in the u.s. business community in the global business community that enough is enough. whatever admin is ration comes in is the second term for president trump. it's going to be the same time with china. connell: everybody seems to

sharing indicae ining indicator tpp of activities that we had seen on networks. the idea here of these alerts, push it out, enable network defenders to protect their networks in the hope ultimately that there's almost a full deplex informatid duplex information change. we want folks to send what they see back in to us so we can continue to build out the picture, build out the campaign, that then leads into some of the activities that grant mentioned about a deterrence package, about how we defend over there. this is a two-part game, defense and offense. so we issued another one just recently. this was a technical alert focusing on an advanced persistent threat conducting cyber espionage and intellectual property theft using and expl t exploitiexploi exploiting vulnerabilities to jump in and out of customers living off the land, scaping and bri bringing it back up. the right conversations organizations should have with their managed service providers, cloud providers. are we asking the right questions about security transparency and the right controls? this brings

for geopolitical reasons even though getting into the tpp would have devastated our auto --. that's the way to think about it. one way to think about it is we are not reluctant at all about imposing tariffs on other countries when they impose higher tariffs on us. it's madness not to do so. cycle? an endless navarro: it in's was surfing country spirit. the beginning of the trump what have wen, got? we got a better career deal, a better day after deal. there and sayp hey i did it good we are not stopping there. we tried to get a better japan deal. a better europe deal. a better relationship with china on trade. this is embedded in this broader geopolitical issue. when it comes to sitting down at a table and just negotiating more soybeans and more coal. >> you reference it upcoming g20. toyou anticipate that coming like a deal or one step on a look -- on a road? dr. navarro: one things that i supported and espouse that the white house is that we have one a greatpresentative american country -- patriot. family someone was with george washington crossing the delaware. good hands

the united states pulled out of the tpp.an set up its own agreement multi laterally with countries that were otherwise in that, the comprehensive and progressive agreement for partnership is an agreement is tpp minus the united states. they're moving ahead with the multi lateral approach president trump preferring a bilateral approach, and he would like to start negotiations on goods and services in terms of trade with the japanese side as soon as he can so we'll wait and see where abe strikes a balance between multi lateralism on one hand that he has been moving forward with and the bilateral approach that president trump wants. sure to push him on that in the session we'll see in a few moments' time. >> a lot of moving parts, eamon. stick with us. we're going to bring in more guests scott clemens, and matt gold, former deputy assistant u.s. trade representative, gentlemen, good morning scott, i'll start with you how do you think it plays out for the markets? do we get a cease-fire what happens if we do, what happens if we

pieces in and they will try to resurrect a little bit of tpp.here is a capacity issue on everybody's side. doing all these bilaterals takes time. i am skeptical we will get there. amanda: so much of the work is done behind the scenes and also at home domestically. how much disarray is in congress because of the midterms and the settling out of the different majority situation? rozlyn: that's a good question. we have seen the republican congress before the election make some concessions to the gte as they were trying to create some negotiating room with china. the democrats are not going to be nearly so accommodating on some of those issues. thator warren suggesting our terms and the new agreement she is not comfortable with. inhink things could bog down terms of the politics inside washington. the tech transfer issue has a lot of bipartisan support. we saw the reform bill go through in august with significant bilateral -- bipartisan support. a lot of those issues, it is good for workers, good for s, good for the government and it can be easier t

remember, trump got out of tpp, trans-pacific partnership.hat was a trade deal with everybody but china, to isolate china. he got us out of that. i think -- liz: didn't quite get a chance to really -- >> right. not only that, he goes after our trading partner. mexico is not our enemy in trade. you know what i'm saying? it is what it is. neither is canada. so i would say that i like -- i appreciate what peter brought to the table on china. liz: okay. >> i will say that tariffs never work. by the way, one company that will get crushed by tariffs is ge which is a multinational company that sells a lot overseas. liz: president trump is not going to be talking trade in paris. he's there to mark 11-11, the 11th month of the 11th -- the 11th day of the 11th month, 11th hour armistice, end of world war i. he's about to land. it is about 11 minutes before the hour. we were told he would land in about the next one or two minutes. we will take a shot when it is. thank you very much, charlie. >> i can't wait to see him come off the plane. liz: wait there

. >> we will stop the tpp and totally renegotiate nafta one of the worst trade deals ever made by mankindand reject every last - - protect every last american job. >> the president wanted to deliver by renegotiating trade deals that gary :-colon in general matus now has at central theme of the campaign with the endless foreign wars. . >> i will never send out the finest into battle unless absolutely necessary and will only do so if we have a plan for victory with a v-uppercase-letter and a try every trick in the book to break the promises to carry on with the failed policies that the trump 2016 agenda two and that elitist to have cheap labor to big business republicans to establishment democrats could anyone have misunderstood? . >> as far as the law is concerned we will build the wall in creative order and they will come in legally. . >> but on this issue we learned that far from undermining democracy president trump is upholding democracy with those policy changes that were voted for the word word book portrays a resolute president fighting exactly that elitist enemy. not just within hi

you make deals with them and you get to know them and understand them.et so when we withdrew from the tpp it was a really bad decision because one of the great shadows is china. china cheats all the time and we should stand up against chinaa but wouldn't it be more effective if we stood up with all of our friends in europe who are being ripped off as well? there is strength in numbers. furthermore if you badmouth nat nato, i don't want to go through the litany but here is what i'm concerned about, since world war ii , america has then we see conflict in the world or potential conflict, the united states has been able to use its prestige, economic , military overall strength to keep the parties from engaging in conflict, celebrating the 10h anniversary of the end of world war i went from world war i right into world war ii and then emerging the idea was never again that we could have america in a position to help mediate the dramatic differences that sometimes arise between nations. if we don't do that who will? and if we have war, think about that. read about the losses of world war i or

he re-negotiated the korean free-trade deal, he's pulled out of tpp. how is donald trump not bernie sanders', i guess, ally when it comes to -- >> you think donald trump is a leftist, socialist? "donald trump's socialist trade policies"? is that what you were gonna call it? >> here's what i'm trying to say. there seems to be less light between donald trump and bernie sanders on these issues than there is between the establishment candidates in their parties. between mainstream republicans and mainstream democrats, there is more daylight on these trade issues. >> look, during these trade negotiations, literally, corporate interests are handing trade people pieces of paper. >> so you're saying that corporations own the centers of each party? >> i would say that the sort of middle has become increasingly dominated by corporate interests. and, look, and the -- like, let's talk about donald trump. let's not make him out to be some great friend to the working people in this country. because his tax bill looted the treasury, gave trillion dollars to rich peop

for example, if he were to return to the tpp and renegotiate it and make it a better deal.ow do you, as a never-trumper, navigate sort of the policy outcomes versus the need to reflexively stand against donald trump? >> well, i don't have any problem agreeing with donald trump on certain issues. no president is gonna get everything 100% wrong, and he certainly has not. he's done things that i've agreed with, like moving the u.s. embassy in israel to jerusalem, for example. he's done a few other things. pulling out of the intermediate nuclear forces treaty, which i think was an antiquated accord. and, you know, i've said so. i'm willing to support him on individual stances, but that doesn't mean that he is, therefore, a good president, because my opposition to him goes beyond individual issues. it's about his lack of fitness for the office, the kind of moral tone he sets for the country, the kind of tactics he employs, the way that he runs down people weaker than himself, the way he demonizes the opposition and minority groups. i think he has been a very destructive presiden

-- tpp.s this going to be something that a lot of these economies will focus on as well as getting other nations in flex south korea and indonesia and thailand? >> absolutely. the members who have ratified have been proud to tell the other members that. an organization -- it is been done on the sidelines. >> how about public new guinea? we don't talk a lot about it because it is the poorest member of the block. the big question, chemical it off? are they pulling it off? >> yes. they have been working on it for a number of years. they have been working on the policy side and infrastructure. they are accommodating a state visit today from the chinese president. they are doing it. contributed, they have said we want to focus on digital. we said how is that going to work. you don't have much broadband here. ity have put up a spin on saying there is a lot of discussion about platforms that we want to make sure that all , remote small business areas. wax digitization is a big theme of a pack. is a

i am hoping, nafta 2.0 is part of tpp. i hope we get the right kind of conversation we should have.rythat deal could beneficial to the united states. shery: you will not be in congress next year. we are seeing talks over the leadership house. more than a dozen democrats pledging to vote against nancy pelosi as house speaker. give us your thoughts about the leadership. >> nancy pelosi will be the speaker of the house. she has tremendous support. i think she has earned it. what she did to win this election, but i do think what she needs to do is lead the caucus through a discussion about the next phase of leadership. how does she manager succession? running against her. she is in a good position and deserves to be the speaker. i also think it is incumbent on her to actually begin the conversation -- kevin: i was reading in the a glowing post, endorsement from george will. how do you mobilize centrist voters? theicularly when we hear bernie sanders crowd, they are motivated. >> this midterms is a roadmap for the party. the candidates who won the key ran onthose candidates being inclusi

assurance that it would, not only would it be possible to join it but also there are members of the tpp who are keen for us to join such as japan and australia. >> vernon? >> given the fact it is obviously clear from the contributions today and questions of the prime minister that there is not a parliamentary majority for the deal she's bringing forward today, what is the plan the prime minister has got? to wait for the votes to be lost and then panic? the bridge people deserve better than that. the primacy has integrity. she has not got the confidence of this house to put this deal through. there need to be alternatives brought before us in the british people. >> we will negotiate the remaining details of this deal and there will be the council on 25 november. that will be brought back to this house. information will be made available to members of the house because that point members of this house will determine whether they wish to support the deal. >> mike would. >> which part of the financial sentiment under the proposed withdrawal agreement would be payable during fermentation per

leadership board and then you see japan and then use soft power with the leadership and the ttp one - - tpp was a terrible mistake. the other thing i tell australians, we have deep and durable pillars economic or in the case of the history and culture and language and to what we can attest to so i believe at this point to have withstood the assaults caused by confusion of the leadership role. so yes that is a juxtaposition to embrace the autocrats and at the same time with those friends and allies that is very disconcerting to me. >> that's a good point to end on that american strategy the last 75 years is in a document nfc 68. actually downloaded it and reread it. one of the most used words in the document it is a strategic document and they have pages to this concept as being something necessary to ensure that these values could survive it is throughout the document and america's values and america's democracy cannot survive in a world hostile to those values you must create a world where they are survivable and there are other things that our less clear but back to your question of how m

trump pulled america out of the tpp undermining the fact goal of giving asian countries a system, and after 24 rounds of negotiations of the recp which includes cheena. india is trying to protect its market from chinese import. other countries are trying to keep india service industries out, and everyone is trying to take solace this is all simply an echo of what the world's super power, the united states is doing with its own trade organization. i've said this before and continue to believe the trump administration has a valid point about the china's abuse of the trading system. and it is right to get tough with beijing. but it's grossly -- trump said in july -- >> if we didn't trade we'd save a hell of a lot of money. >> this statement is simply false. the expansion of trade since 19d 50 raised u.s. gdp to the tune of $2.1 trillion in 2016. that is the equivalent of the gain of 7,014 per person or 18,131 per household. it can also have the effect of creating habits of cooperation, even peace as it has done in europe and as it might help to do in asia. american leaders have understoo

>> i think about the asia, when americans -- we pulled off of tpp .t left too of the the playing field to the chinese, by us not being involved, i think of it a mistake, we think it was a mistake to not engage there, we have 10% tariffs on so many chinese goods, and that will go to 25% in january if we don't fix and end the tariff battle that we're talking about, we dean think walling off and stopping trade in interact shup is way to confront someone we have disagreements with. >> what do i think best way to confront china is? if not through trade and tariffs? how do you stop them from stealing our intellectual property. >> two things, confronting china. first, best way to have strongest most prosperous united states of america there. is we're most prosperous country in the world. but we need to keep that, when we have protectionism and tariffs that eliminates markets for our good, businesses and farmers, you inhibit that very prosperity, which is cornerstone, foundation to make sure we can be safe and secure no matter who the international rivals are

this is a great opportunity for us and we are missing out by not being there, leaving tpp.a perfect example, partial is much tougher on china. they have had some version of america's foreign agent registration act and they are refurbishing an old u.s. base on papua new guinea to push back against china. australia is willing. i wish we were there. shery: you mentioned mike pence at the hudson institute. outlining beijing's unfair trading practices. the trading practice doesn't bother me because we are not saints in this regard. beijing, -- trade with you get what you pay for. his emphasis on human readers, defense of taiwan, that was the game changer. stuff on trade we have heard before and companies who want to do business there, you asked for it. but the other bigger geopolitical moral issues, that was the meat of it. shery: we saw a mature elections, several candidates opposed to president trump's tariffs and trade were defeated. does this give the green light for president trump to become harsher on china? >> i think the tariffs haven't hit yet and people have money in t

. >> we got out of tpp, and out of a half measured way. >> i think trump has done a lot of good stuffe economy. his approach on trade has been haphazard. he's listening to larry kudlow on one end and peter navarro on the other. david: i wonder if that's not such a good thing. >> i think the outcome is ultimately positive for the u.s. why do you think there is going to be any kind of trade deal that's not going to get necessity gate. this is a democratic party that basically runs on one platform. no to anything trump does. if he wants a trade deal, i don't care. they will do the opposite of what trump does. back to carlton's point, i see a stalemate. per charlie's point, that's probably good for the economy. >> i can't imagine they won't use those investigations they are planning on trump to push him to take credit for this in 2020. for them to out we got this crazy man. >> do you think infrastructure will be pushed into anything with the threat of investigations? david: the power of the unions and the democratic party is very strong. the one thing auguring against that is trump said h

sort of pulling back into a bilateral framework, we see japan moving ahead with its own version of tpp other countries continuing to negotiate even as the united states pulls out and is not taking part. >> are we going to get more clarity or have we already on whether there will be an impromptu meeting between president trump and vladimir putin? >> reporter: i hope to we might see them shake hands. the kremlin has said that will happen the white house said there's nothing scheduled to happen. it may be a diplomatic nicety. we'll wait and see if there's any pullaside happens between the two men. they don't want to look like they've canceled it because of political weakness you heard the president insist again, reiterate again, the reason he canceled the meeting was because of russia's behavior in ukraine in the naval incident not because of the robert mueller investigation. >> we'll see what happens in just a few moments we'll have that coming up. let's take a quick break here is what else is coming up on "the halftime report. >>> meet the payments mvps find out what one analyst is call

elements of my administration that we wanted to get the trans-pacific partnership done, for example, tppconcensus arn free trade or -- it didn't fully address the fact that although net-net the whole world was doing better because of globalization and the internet and global supply chains, there were folks who-- whose factories were being closed and suddenly found themselves to be redundant workers and you suddenly had a winner take all economy where back in 1960 maybe the ceo makes ten times more than the guy on the assembly line. now suddenly it's 200 times, or 300 times and the capacity of nation states to regulate global capital. so at least they have some control where they say, you know what? let's speed things up, slow things down, let's ease the transition for communities that are being hurt by, you know, whether it's automation or foreign competition, that becomes harder to do because everybody's just worrying about what their quarterly reports are going to look like on wall street, now that creates frustrations and contradictions and i think that what we -- i think a legitimate

inda: how about tpp >> yes, that is also included in .he policy of this government we are right now in the process and also to ask for opinions from stakeholders in the countries. a lot has been organized in thailand to listen to the concerns that might have on this agreement. we hope very much when they open for a session of new members, thailand and other countries will be interested to seek for the application process. haslinda: how much clarity do you have whether or not thailand can achieve its 8% growth target for thai exports for the year? we haveast assessment>> people around the world, we asked them to do assessment in the market, we feel confident we will be able to make it 8% as announced. haslinda: how about 2019? same growthin the rate. haslinda: are you concerned about the strong bought -- the strong baht? >> whether i like to see soft or i like to see it strong defense for me in my perspective, depends on market value, the real market value is the matter. to people, businessman want keep asking -- they want to have it stable. that is what they are looking for. that was t

for example, the tpp. the other thing i tell australians and i think it is true of a lot of countries, we have deep and herbal pillars of our relationships. economic, our history, culture, and language, and our history relationships as well as intelligence relationships with a lot of countries across the world. those are pretty deep and herbal. to this point, they have caused bythe assaults confusion about our leadership role. but it is in such a position to embrace autocrats and this -- and dis our traditional allies. very disconcerting. >> that is a great question and a good point to and on. for theican strategy last 75 years is written down in a document called "nsc 68." the book, i downloaded it and reread it. one of the most used words in the document, a strategic document that truman requested -- there are pages to this concept. ensure aessary to world in which american values could survive. word diversity. it is route the document. it also called for a per -- a robust american role. american values,

focus on building a multilateral effort it would have been a good thing if we had gone ahead with the tpp agreement that would have brought in japan and other countries in creating rules that the chinese wouldn't have been able to ignore we missed that opportunity we still have the chance to work with europe, to work with japan, with our pebest trading allies n north america to put pressure on china to conform to international norms and to start to change practices. that might not happen overnight. but it's ultimately going to be more successful than this tit-for-tat trade war. >> agreed. do you believe our trade partners, specifically mexico and canada would be willing to do that? >> i think they were more willing to do it before we were hitting them with tariffs on steel and aluminum, threatening them with tariffs in a major sector like automobiles. beginning to walk away from our commitment s commitments to them. that's a big part of the problem. we've been urging the administration to boack off from these security restrictions. europe and japan already joined us in a trilateral effort

the reality is, tpp had no chance of passing in the house or senate.had to start over and deal with asian rim populations. perhaps one or two at a time. this president has done that. he is in negotiation with japan, working in other parts beyond the asian realm working in deals with india. you have to china or they will cheat on us and build vessels and fighter jets and fake islands in the south pacific -- south china sea. they are out to take over the world. >> our greatest asset is our trading partners that we walked away from. you know what the first thing japan said when they said they would negotiate a bilateral with you? they said agricultural is off the table. when you do multilateral deals, agricultural the better. [applause] >> i like to start with congressman cramer. global warming, is it a really a la tea in which we do about it? the climate has changed for thousands of millions of years. over the cycle of time, we don't know about the history of the world on whose fault it is. the country in the world wants us to solve this issue. they want

pulling out of the tpp, the trade deal, in asia. that makes us weaker.t drives me nuts about the president is he somehow thinks by pulling out makes us stronger. that's not the history of the last seven decades. by being engaged, by being a leader, that makes us stronger. but what happens in the vacuum i think in the short run it's great for putin. putin loves this. and europe, the nato allies tweeting at each other and arguing with each other. that's good for him in the short run. and the long run i think the big winner is china. >> when you look at this president on that stage, his reluctance to mark world war i, the first day of his visit. >> why go there if you're not going show up? >> apparently because of precipitation. the next day he made this appearance. but the kind of duty and honor of the american presidency that he is not going along with. >> yeah. i would say two things about that. one, his job is to advance american national interests when he engaged with other countries. and when i see trips like this, i look at the score sheet and i say

the president is very good at tearing up international agreements whether it's iran or paris or the tppet that he can actually undertake serious negotiations to rebuild them and that's what the rest of the world doesn't support him right now. >> it isn't really necessary for the rest of the world to like the policy. the rest of the world is confronted with a choice. they can continue to do business with as they have with the united states for that they continue to do business with iran. for most countries that's a very easy choice even if you don't like it. the united states is by far the big dog on the scene here and if you choose not to do business with united states and with its banking system and the rest of it, your economy is going to suffer and iran's of course is suffering terribly. >> chris: but some european countries are all saying they will be able to do both. they will carve out some kind of special financial channel so they can do business with the u.s. but they can also continue because they support the iran nuclear deal. >> they may say that. let's see them do it. i didn

nafta, working with the eu, having a bilateral agreement to sell agricultural products at levels in the tpp with countries like japan and south korea. this is why i have been endorsed by every ag organization that has come to see me. the farm bureau, the soybean association. they know who is standing up for them in washington. i am asking for your vote to do that again. >> just a follow-up, the question was how should congress act as the tariff war escalates. rep. davis: we should look at the results we have seen with the preliminary trade agreements coming out of this administration. president trump during the campaign said he wanted to renegotiate trade deals. i talked to many of our farmers. i am still very concerned about tariffs. in the end, most of my farmers i met with say, give this administration a chance for a better deal. now we have seen that deal. all the focus can be on bad actors like china. let's not kid ourselves. china does not fair trade with anyone, including the united states of america. we have to hold them accountable. they do not trade fair when it omes to steel. the

recognize and economic security, we will continue to believe it is ok to get into evenhing like the tpp though getting into the ttp would have devastated our auto industries. so, that is the way to think about it. allre not reluctant at about imposing tariffs on other countries when they impose higher tariffs on us. it's madness not to do so. andrew: is that an endless cycle or does it end? dr. navarro: clearly intends episodically with certain countries. a lot of people in the audience is like at the beginning of the trump administration we started and what have we got. we have a better nafta deal. you could stop there is a president and say i did it. we're not stopping there. trying to get a better relationship on trade. is sewage and errors. negotiating more soybeans are more cold. andrew: you referenced the upcoming g20. do you think that's just one ?tep on a longer road dr. navarro: one of the things i have a spouse of the white house is that we have one trade representative and his name is property like kaiser. great american patriot who springs from a family that if i get this co