. >> it's time for the hot topic of hour as president trump appears to talk with xi jinping potentiallysoon as today beijing has retaliatory tariffs on the united states begin primary tent after president trump 10% import tariff on china went into effect at midnight last night and china's plan includes a 50% tariff on u.s. coal in liquefied natural gas, 10% on crude oil agricultural machinery and large vehicles and export control on key rare minerals it will also open an antitrust probe into google month after doing the same to nvidia, trump striking deals with both canada and mexico to pause as 25% tariffs for 30 days prime minister trudeau agreed to put the $1.3 billion border plan into effect sending upwards of 10000 troops to the northern border he will also create a fentanyl borders our position and he will list cartels as terrorists in a joint strikeforce combat organized crime, mexico's president claudia sheinbaum vowing 10000 troops with promised cooperation with key american cabinet positions. trump hinted that the european union conveys tariffs next, watch. >> we have massive

scoop on china, that i was able to get a source close to the chinese communist party told me that xi jinping is a lot weaker than anyone knows because he had a ministroke a year ago last summer, and when he had the minnie stroke the politburo take military away from dee xi he does not he oversee military any longer a very important point to make, as we are looking at often comedic being software underway between u.s. and china trump is going to be a lot tougher on xi jinping and the chinese economy, than you saw in the last administration. >> yeah. michael: look with deepseek coming out a week ago part of what happened, is so hard to get your hands on nvidia gpu's seemed they got 50,000 h-1100s. potentially through singapore, but deepseek came out it was a -- version of chatgpt about 6 to nine months behind where we are able to do it with less resources not as much as they claim but a lot of less resources through necessity, these are gpu's chips that power compliblthing computer transactions to run a.i., very hot commodity they are hottest of hot commodities nvidia could sell three two to t

are to pick xi jinping are expected to a conversation?ere duhtictu there were commenfs , ~ , , ~ going duhticty there were commenfs , ~ , , ~ going,,ete eu summit, think some of them sag}; ' ' taggers ” ' 55 5befo5re55this portion 5 5 5 right before this portion aired. there is nothing that 55°f5 ,, 5 5555ofthe5se5 5 5 anyone of these major economies does that trigger a does that doesn't trigger a reaction function. there is always a reaction function. a doesn't have reaction function doesn't have to be a trade war, though. and both the european union and indeed played it china have indeed played it safe, are watching and safe, they are watching and they i'm th5ey55ar5e 555 5 55 5t5h555e5y555ar5e engaging = -:e££ their couznterpartési 77 = g g— the net efiect of tfruémpf's will the net effect of trump's threat of tariffs will that mean that eu, china, mean that eu; china; other as well, will mean that eu, china, other as well, will start countries as well, will start looking at us as being a less mm pm reliable partner when it comes to tra

tariffs are expected to take place on monday, unless trump and xi jinping strike a deal. they will speak some time today. the white house is touting a win after canada and mexico said they would delay tariffs for another month. down pennsylvania avenue, senate intelligence committee prepping tulsi gabbard nomination for director of national intelligence behind closed doors and will vote on r.f.k. jr. for health and human services secretary. president trump expressed confidence the two will be confirmed. >> senators have concerns about tulsi gabbard or r.f.k. jr.? >> president trump: yes, i've gotten great response. they want to do what is right. we have the finest people ever recruited for government. >> madeleine: both nominees may not get a vote before the full senate until next week. >> todd: do the two at the end of the day get confirmed? a few weeks ago, we would have said, it is looking tight. it seems like momentum is going in their favor. what are you hearing? >> madeleine: tulsi gabbard got a boost yesterday. senator susan collins was seen as a possible no vote,

had a mini stroke last summer and after he had the stroke it took away the military from xi jinping, this is true but a person very close to the ccp told me this that they took away the military and someone else is running the military are you aware of the mini stroke and xi jinping might be weaker than 30 no. >> that would be incredibly important news not only here in the united states but around the world. >> really keep a spotlight and dig further. thank you, sir. carlos gimenez is joining us. we'll be right back. ♪ can i have another pancake? from full house... ♪ ...to empty nest... ♪ ...to free birds. ♪ vanguard. we got this. fifty years of helping you invest for every chapter. morikawa on 18. he is really boxed in here. not a good spot. off the comcast business van. into the vending area. oh, not the fries! where's the ball? anybody see it? oh wait, there it is! back into play and... -oh no, it's in the water. wait a minute. are you kidding me? you got to be kidding me. rolling towards the cup, and it's in the hole! what an impossible shot brought to you by comcast business. (v

and tariffs xi jinping under. trump: canada has been very abusive of the united states for many years. they don't about an candidate does not allow banks to go in and if you think about it, that's pretty amazing we have a u.s. bank, they don't allow them to go in. candidate is been very tough on oil and energy they do not allow our foreign products in essentially. they do not allow a lot of things in we allow everything to come in and is been a one-way street. we subsidize canada led to tune $200 million a year. and for what, what do we get out of it, we don't get anything out of it i love the people of canada and disagree with the leadership of canada and something is going to happen there. but if they want to play the game, i don't mind we can buy the game all he bought in mexico, that very good talks with them and this is retaliatory. this is retaliatory to a certain extent, millions of people come in through country to country to mexico and canada were not going to allow that and by the way we have among the l

raised tariffs on steel that's set to take effect in less than an hour. with chinese president xi jinpingwithin 2a hours", presumably to negotiate these tariffs. the us trade war will not be confined to china, mexico and canada alone. in brussels, eu leaders met nato chief mark rutte since donald trump's inauguration, 0ur political editor chris mason has been the headquarters of the european union. their trade with america uppermost in mind too. or trade wars. the anger you heard there was prompted by president trump describing the eu as an atrocity and saying it would face taxes on its imports into america. they don't take our cars, baskinfirussels it can give economies the shivers. of rolling up in brussels these days after brexit, on the uk that dominated. is open and strong trading relations, with president trump. to water down your reset with the european union both of these relations are very important to us. for many, many decades now. and tonight the prime minister swapped nato when it comes to trade and security. i'll be discussing this evening on questions on energy and i believe

of nato countries squabbling amongst themselves to the mill to president putin and probably to xi jinpingage up and on the bbc news website running on the bbc news website with the latest on the tariffs after those comments from president trump ahead of president trump and ahead of that meeting. a warning to panama over what he called chinese influence and control of the panama canal. over the waterway — a crucial route for trade, that acts as a short cut between the atlantic and pacific oceans. the us secretary of state demanded �*immediate changes' real threat from the us. the world cup in 2023. if found guilty, he could receive a jail sentence of up to two—and—a—half years. the spanish team lifts the 2023 world cup after beating but victory was soon overshadowed. but when it came to striker jenni hermoso, after this hug, he said the kiss was consensual, she said it was not. having been forced out of the federation by the ensuing backlash, mr rubiales now faces for spanish women's football. when there was a dictatorship and little institutional support for female football. to experience

president trump does plan to speak to chinese president xi jinping later in the week. meanwhile, multiple sources tell cbs news the president is considering an executive order that would dismantle the department of education and move some of its functions to other parts of the government. eliminating the entire department, however, does require an act of congress, michael. so we talk about these first 100 days, and there is a lot going on and more to come, certainly. >> a lot to go on, and also the president really testing the powers of the presidency. naomi ruchim, thanks. >>> the decision to pause new taxes on goods from canada and mexico for 30 days has importers breathing a sigh of relief. but if those tariffs end up going through next month and the tariffs on chine continue, it could have a big impact on americans. cbs' kelly ogrady has that story. >> reporter: tariffs on mexico imports are on hold, but if they are eventually imposed, it could affect prices for fruit, vegetables and other goods. she sells imported candy from mexico. >> suppliers will have to rise

they actually met face to face with xi jinping and talked about this fentanyl issue before.na is saying it is offering its support. it's been doing what it can do. but the response over the weekend from from beijing, quote, it's america's problem. and that's that's where beijing stands right now. >> that is that is so interesting and certainly not what president trump is certainly going to want to hear. we know that it's worth noting there are already tariffs on on some chinese products. the tariff that president trump is putting into effect on tuesday is 10%, while the others for mexico and canada are 25%, save for canadian oil. how does beijing interpret that? that number? >> well, beijing already, as you mentioned, is facing very high tariffs from the united states on a long list of products. so this 10% is an additional supplement. we have not heard a response from beijing directly to that question, but it is clear that china and xi jinping are are trying to maintain some dialog despite all of this, as much as president trump wants to be a disrupter, he does realize that

the winner here is xi jinping. we've given him an excuse for his own economic failures. we've moved to drive some of our closest allies into his arms. we've weakened our own economy, and at a time when we're calling him out for ignoring international norms, we're legitimating everything he's doing by violating all the international norms that we set up. so this is a wound to our own economy that's also doing a big favor to xi jinping. >> all right. secretary larry summers, thank you so much for joining me this morning and sharing your perspective. really appreciate your time. thank you. up next for us, the democratic party just picked a brand new leader. but what's his strategy to bring the party out of chaos. >> if we're not willing to start the fight right now against donald trump, when he's already failing the american people, no one's going to believe that we're going to fight for them when they put us in power and. >> i brought in ensure max protein with 30g of protein. those who tried me felt more energy in just two weeks. here, i'll take. >> that. ensure. max prot

the white house says president trump will speak with president xi jinping this week. president trump told reporters those talks will probably happen as soon as today. he suggested that the tariffs against china could go much higher. >> we have meetings planned. and we'll see what happens. but that was just an opening salvo. if we can't make a deal with china, then the tariffs will be very, very substantial. >> reporter: and president trump did delay 25% tariffs against canada and mexico after both countries agreed to help reenforce security at our northern and southern borders. canada says it will spend a little over a billion dollars to reenforce the border with new helicopters, technology and personnel. and mexico agreed to send 10,000 members of its national guard to address drug trafficking from mexico into the united states. it's unclear what actions the white house will look for n its talks with china. china is accusing the united states of violating world trade organization rules. they say the tariff hike by the u.s. does nothing to solve problems. on the campa

i have no reason to think that elon won't jump like a circus monkey when xi jinping calls in the hour of need. he went on to refer to musk as a chinese puppet, and then posted on twitter that the u.s. needs leaders who aren't in china's pocket. this is vivek ramaswamy who had been one of the cochairs. the recently installed secretary of state, marco rubio had this to say a number of years ago with respect to elon musk and tesla. quote, right after president biden signed senator rubio's forced labor prevention act into law, tesla opened a store in chang jang. he went on to say that corporations are helping the chinese communist party cover up genocide and slave labor in the region. that is secretary rubio. and as we speak, he is allowing elon musk to essentially take over usaid. this is a corrupt abuse of power that is going on. as my colleagues said, it is not only a gift to our adversaries but trying to shut down the agency for international development by executive order is playing illegal -- is plain illegal. it is illegal. elon musk may get to be dictator of tesla. he does not --

. >> it's by the family and hong kong tycoon and mildly one system to two systems and xi jinping the chinese strong man dictator has done away with that and there's no difference between hong kong and chinese companies and very easy to sabotage the canal and easy if you're running the port to get a lot of data out of there and there's a two ocean navy and if there were a conflict to move a lot of naval power and other military power through the canal, do anything except aircraft carriers and we need to take over security of the canal. unless panama getting more serious and this is real progress. >> when we have a gender nonbinary candidate or officer, the nonbinary individual is counted neither as male or female and remaining six officers must be gender balanced. liz: completely nuts and outgoing dnc chair showing the democrat party tote clueless after the victory and alienating america and more voters flocking to gop and trump of all races and creed. tonight substack public michael shellen berger here to break it down. plus this for you. >> fbi was a corrupt institution and i'm a vi

you know, i remember this from the first trump administration, president trump made clear to xi jinping flows reduced and got it for a time and it's now wandered off over the last four, four and a half years. we've got to get back, this is decimating communities across america and the chinese party has the action to pull it off if they choose and they chose not to. and we have to impose until they do. griff: and the middle east, great news today, more hostages, including keith siegel, one american, released today. we know there are six americans that remain in captivity, two of which we actually believe are alive. what do you make of today's development and where this heads? >> well, it's never bad news when americans come home. it's joyous, it's glorious, and for those families, it's unimaginable to see these folks return home. having said that, i think in one of the earlier report, there were 138 palestinians terrorists released and they'll commit terror again, so the risk to the next set of american families is real and we need to make sure that we continue to support the israelis in

china's president xi jinping. >> we will have some good meetings with china. see what happens. but that was just an opening sell-off. l wi if we can't make a deal with china, the tariffs will be verya very substantial. >> laura: china's is up to 10% and canada and mexico 25% in china tariffs set to go intours. effect in just a few hours just after midnight. "valuetainment" founder, patrick bet-david, mexico and canada after all the hot air , you can't do this go to a trade war basically gave up the ghost on this.his. that panama did the same and promised not to renew a deal it had with china. how significant are we seeing these moves early on from trump to lev exercise u.s. leverage? what a difference a few months makes. l >> i mean, that is what leadership is all about. can when you think of canada and mexico, there is a member no one is talking about and here is what it is, u.s. added gdp that we have police van 3.4% of it om our militaryil. our military expenditure is the highest in the world. so $950 million on military expenditure. mexico is the lowest in

what do you see as the biggest challenge for donald trump, vladimir putin and xi jinping actually makingess towards some sort of new arms control agreement? >> well, the biggest challenge, in my view, is for them to understand that they should sit down and talk. and talk about how the three of them can take decisions to save tukey home countries and the whole world. in a way that president kennedy, when we were in the crisis, took the phone and called his counterpart in russia, sat down and reached an agreement that as a matter of fact, turned the clock backwards a few minutes. so i think something of that sort must be initiated right now. and you need to talk to have bold leadership. go, take the phone, call the other leaders, sit down, and agree on something that is almost common sense. because to continue on this race is counterproductive for everybody. reporter: hi, from vox. i was wondering if you can comment on the risks of a return to nuclear testing. we have seen russia withdraw from the comprehensive test ban treaty. several figures in president trump's orbit have proposed a res

harder what sense is is that she and xi jinping at least the chinese leadership cares less about tik tok and social media than it does about huawei, which, you know, produces chips in a hardware, things that she believes are important for china's innovation. do you think that's that's right. and that they're willing to stand up as much for tik tok as they were for. well, huawei huawei just makes so much more technology, so many different more types. so tik tok is really an apple location. it's this one. it is popular, but it is just a standalone app by the end of the day. so huawei it it makes many different things. it makes the pipes for a phone internet networks it makes chips which are sort of at the heart of building these next generation ai systems. it makes technology for autonomous vehicles for solar, for robotics it's just deeply involved in many sort of critical in a way that not that many tech companies in china are. and in that sense, it's in just a totally different bucket than tiktok, right. so let me ask you a very unfair wrapping question. this has been a great discuss

world are acting together like you have never be together before and of course, they are led by xi jinpingsia and communist china and iran and north korea. but the good news is that we have a president who understands any secretary of defense, who understands that we have to do something and were going to have to take some dramatic concrete steps to rebuild our military and also we are going to have to completely redo the way the pentagon does business to make it more efficient and save save taxpayers money as we take dramatic steps to build up our national defense rated. trey: chairman, israel's a very small country with an iron dome in the u.s. is a vast country, couldn't iron dome work here as well read and of the president mentioned it included work here as well. >> the president has only mentioned it, he and i believe in it. i think most members of the congress believe in it. the technical advances in the last couple of decades are absolutely amazing. there was a debate maybe a generation or so ago this would even work. there is no question in my mind that it will work if we have the

the phone, the white house press secretary just said there is a plan for trump and china's leader xi jinping to speak over the next 24 hours, things are moving very quickly, look at chinese stocks or adrs in say maybe it's a worth a dip in the toe, would you like at this moment. >> like i said we like to take advantage of volatility and not be its victim. this is the dance you don't know if it's a walz or jitterbug or breakdance but the important thing these are negotiations and they need us more than we need them, we empires leverage. what you're going to see in each of these countries there will be conversations in president trump is probably going to get to a place where we end up in a better position than we were before i think you are seeing that people who refuse to come to the table before are coming to the table now and the president is getting much more of what he wanted. >> witness w what happens with mexico, 10000 troops promised to go to the southern border, great to have you. it kind of is. it really is. thank you both very, very much. this will be fun to participate in profit f

house press secretary telling reporters that president trump plans to speak with china's president xi jinping, in the next couple of days. stocks were lower on wall street today, but recovered from those early losses after word of the deal with mexico was announced. the dow finished the day down more than 122 points. the nasdaq dropped 235, a little more than 1% there, with tech companies seeing some of the biggest losses. and the s&p 500 was down 45 points. a protest was held tied to elon musk and his department of government efficiency initiative to slash federal spending. people gathered outside the u.s. office of personnel management in washington, d.c. this comes as staffers at the u.s. agency for international development, or u.s. aid, were told to stay out of the building today. the website and email access had all been shut down. president trump said the agency is run by, quote, radical lunatics, end quote. and elon musk said president trump agreed to shut it down. congressional democrats also say they were denied entry to the public lobby of usaid headquarters. >> well, we're two wee

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 creating uncertainty about whether we can be relied on, we're driving people into china's arms. >> and when it comes to the impact on u.s. consumers, if these tariffs wind up going into effect one minute after midnight, how soon do you think americans are going to feel an impact? >> i think it will be within a week, within a small number of weeks, because people will know that when they deplete their inventory, the marginal new goods in their inventory is going to be more expensive because of the 25% tariff, and therefore they'll price that in. they'll want to be able to blame their price increases, not on themselves, but on some policy from outside. and so they'll want to associate the price increase as much as possible with the tariff. and that will mean doing it, uh, very quickly. so i think this wi

. >> xi jinping. he gets an excuse for the. economic difficulties china's happening having, because he'll be able to blame. >> it on the. united states. >> he gets much. >> more receptivity. >> to chinese. investment to chinese. >> led borrowing. >> to chinese trade. because we're being so truculent with countries that are our traditional allies. >> one of the. >> things that donald trump. >> has. been saying this weekend is that the last time he put tariffs on china and those tariffs were continued to a great extent by president biden, that it didn't cause inflation. true or false? >> it raised the. >> price level relative. >> to what it. otherwise would have been. but we didn't have the kind. >> of inflationary. >> psychology that we have today. we didn't have the kind of tightness in. >> the economy. >> that we have today. and those tariffs were pretty easy to circumvent. when he does it with multiple countries. >> those are. >> going to be much. >> harder to circumvent. >> so i think. >> there's every reason to think that t

. >> he told reporters that president trump plans to speak with chinese president xi jinping in the next couple of days. last hour at 4:00, we spoke with uc berkeley's jim wilcox, who said that the tariffs on china could have unintended consequences. >> we saw that during the trump administration, for example, when they put taxes on and suddenly the prices not only of korean and chinese washing machines and dryers went up, but also american businesses took the opportunity to raise the prices of the washers and dryers that they were selling. >> president trump said in a social media post that he is looking forward to upcoming talks between the united states and mexico. he said the talks will be headed by secretary of state marco rubio, among others, and it does seem clear that this is far from the last word. yesterday, president trump said that tariffs could be coming soon to countries in the european union. claudine. all right. a ever changing situation. jenna, do we have any idea? we know what mexico and canada agreed to do to put this 30 day pause, but do we know what else would need t

xi jinping calls donald trump and says, hey, we'd like to invest $1 trillion in your meme coins.if you privatize the faa. next day, trump makes a speech and says, government is inefficient. we're not going to do it. my good friend elon, he's got rex. rex is going to take. >> over all the air traffic controllers. >> flash forward a year from now, once chinese spyware and worms are implanted and all their chips are implanted in our aircraft, china is going to invade taiwan. then they call donald trump again like a mafia don and say, remember that plane crash? be a shame if another thousand planes all fell out of the sky. so back the hell off taiwan and he will. that's how asymmetry works. >> but there's another historical moment this goes back to. and it's in a sense this is make china great again. right. because you know the u.s. is history goes back to the 18th century. china's history is a great historical power, goes back to the second century b.c. with the qin dynasty. you know, you look in the middle ages. that's the time i read about. you have these accounts of people being

secretary telling reporters today that president trump plans to speak with the president of china, xi jinpinghere in the next couple of days. stocks were lower on wall street, but they did recover some of their earlier losses after word of the deal with mexico and canada. the dow finished the day down more than 122 points. the nasdaq dropped 235. that's a little more than 1%. with tech companies seeing some of the biggest losses, and the s&p was down 45 points. >> for now, the tariffs on canada and mexico have been averted, but many small business owners in the bay area are still on edge. ktvu betty yu joins us from the newsroom with their reactions. betty. >> claudine. had the tariffs gone into effect on mexico and canada, they could have affected a wide range of goods, including avocados, alcohol and new cars. now, while there's a pause right now, small business owners i spoke with say they're still worried about the potential impacts. >> this is kind of the best one i've been able to use, because it's not one of those name brand and you don't know what's in it. >> sisters beth vasquez and

xi jinping has talked about, which is to get get away from the hegemony of the dollar, that because the dollar is the international currency, almost 90% of transactions are done in dollars. um, it means the u.s. can levy sanctions. it can cut people out of the countries, out of the system. and obviously china, russia, even some other countries don't like that and want to escape it. so far, it's mostly been talk. is it more than that now? >> i think it's much more than that, whether it's quietly or not. so quietly building up this huge financial infrastructure that's enabled by technology, blockchain technologies, the channels of alternative payment systems, digital central bank currency that's actually happening at a much faster pace than we realize in that part of the world. china has signed 40 with 40 countries bilateral swap agreements to settle in the local currencies. of course, these are marginal improvements, but you see the dollar slowly declining and the fundamental question, even apart from financial sanctions, is that there's a dollar shortage, emerging markets the size of gd

i mean, xi jinping and donald trump have had a cordial relationship, but i think it will become muchclear when we have that phone call, that expected phone call in the hours ahead. casey. >> yep. saving face, of course. always important. and we will learn more as the day progresses. marc stewart very grateful to have you. thank you very much for being here. all right. straight ahead here on cnn this morning, elon musk declared a, quote, special government employee, end quote. so how much power does that title carry for the world's richest man? plus, super bowl week kicking off in new orleans, security is top of mind the nfl. >> was unshaken standing with the city of new orleans after january 1st. the soul and the spirit of new orleans was unshaken as well. >> you know what's brilliant? >> boring. >> think about it. >> boring makes vacations happen early. >> retirement is possible, and startups. start up. that's why pnc bank strives to be boring with your money. the pragmatic, calculated. >> kind of boring. >> here you go. >> is there any way to get a. >> better price. >> on this? >>

just a few hundred yards from where i stood just a few days before trump's inauguration, is where xi jinpingthe first chinese leader in history to visit panama. in the canal itself, a trip trump never made in his first term, nor did he ever have his own ambassador here to represent his administration. in. the critical point here to remember is, while that happened during trump's first term, successive panamanian administrations have actually shifted away from china, tried to move more towards its relationship with the u.s., including the current president, jose josÉ raÚl mulino, who met with secretary of state marco rubio during his trip down to panama. he was actually standing on the panama canal right where you saw me. the issue that you hear from panamanian officials is they don't really know what the trump administration wants, but they are willing to talk and willing to try and do whatever is necessary to avoid what seems, from the president's words, to be a looming conflict. well, just ahead is president trump about to dismantle the education department? i'll speak to a wall street jou