industry next. the president has already promised to hit european carmakers with the stock market rattling 20% import fee. >> in the short term, it's not good for trunk. the markets don't like tariffs. at the market loves trump but they don't like tariffs. we are seeing an immediate negative reaction. >> the u.s. is set to hit china with another $34 billion in tariffs in july. >> bret: kevin corke of the white house. let's talk more about trade politics and the other stories of the day. brit hume is here tonight. just before we came out here, the president tweeted about the story. surprised that harley-davidson of all countries would be the first to wave the white flag. i fought hard for them and ultimately they will not pay tariffs selling into the e.u., which has for us badly on trade. down $151 billion. taxes are just a harley excuse.