these tariffs, i think probably the best thing the president could do right now given what we've just described is pull back to a great degree on the tariff war that he's undertaken and ensure that the global economy doesn't slow down because if it does, it'll going to be hurting him possibly in 2020 when he's running for reelection. paul: dan, i mean, bill, last question, wilbur ross, one of the trade hawks, commerce secretary said we will have framework with president xi in november. >> i think we need something positive. that's the danger. you mentioned supply chains, trading is things for things but at lot of pricing from own goods come from complicated network and when you put tariffs on you just blow the whole thing up so i think the pressure right now is on, the bad news peter navarro, one of the hawks, right, was out there warning wall street don't pressure us on china and larry kudlow warned peter navarro don't pressure them on this.