presidential election. this despite having no evidence so far in his 13 month investigation. the probe costing $16.7 million in its first 10 months alone. over $16 million over ten months. donald trump could be on the guest list when mexico s new leader takes office, she is expected to invite donald trump and justin trudeau to his inauguration in december. and also announced a shift in mexico s stands saying he would likely not get involved. the trade war we have told you about between the us and china escalating, billions in tariffs kicking in overnight, donald trump hitting chinese airplane parts and farm equal with an additional $34 billion in tariffs, china vowing to
the war was lost but now we re going to win it. steve: there is president trump last night in montana taking a swipe at china on its unfair trade practices. abby: this as the u.s. and china hit each other with brand new tariffs. what does this mean for your wallet? brian: here to break it down charles payne host of making money on fox business network. watch him tonight but first watch him here. china immediately spawbed lashed out at president trump accusing the white house of acting like a gang of hoodlum as as they tack on $34 billion worth of tariffs. china, that s the pot calling the kettle black, right? come on, they are the ultimate thieves, okay. beyond just having this unfair balance and unfair trade arrangement, they have stolen so much from america. they have stolen the sweat of our brow and stolen our technology. earlier this week they a sham court ruling against one of our biggest semiconductors based in boise idaho. taiwanese company we stole
we appreciate you dealing with these allegations on the show. and we ll continue to follow it. thanks, bret. bret: meantime, other news. senior officials at china s ministry of commerce say president trump has launched the largest trade war in history. at the stroke of midnight, the trump administration started levying a 25% tariff on tax on $34 billion of chims goods claiming unfair trade balances with china. chinese authorities quickly retaliated adding tariffs on $34 billion worth of imported u.s. goods. no signs yet that president trump will back down any time soon. chief white house correspondent john roberts joins us from the north lawn with a trade battle if not a full scale war. good evening,. jon: john good evening, bret. when the saber rattling with china and other trading partners first began, president trump famously tweeted that trade wars are good and easy to win. today the president put his money where his mouth is. [closing bell]
incredible job you ve done with the united states economy. every single time. the trump administration began imposing tariffs on $34 billion in chinese imports. china retaliating saying the u.s. is starting the largest trade war in u.s. history. yesterday mexico started their second stage of tariffs on dozens of goods from the u.s. in response to the president s duties on mexican steel and aluminum. mexico is imposing duties on cheese, which could hit paul ryan s home state of wisconsin and on motor boat buildings in florida. senator marco rubio s state. dagen, i m going to you first. you know where we stand on this. it s getting intense. it s getting intense because we have the retaliation from china. it s just the beginning.
bush was not conservative is ridiculous. melissa: thank you for joining us. thank you. melissa: fox news alert, u.s. employers adding a solid 213,000 jobs last month, a sign of confidence despite the increase trade tensions with china, the two biggest economies hitting one another with $34 billion in tariffs after the trump administration struck first and the president last night said that he is not finished and there could be more tariffs to come. president trump: we re the bank that everyone is stealing from. you saw it with china. $50 billion and another $200 billion frankly is waiting. no one has ever seen this before. i respect china. and i respect china s president. but they ve been killing us. melissa: and now all eyes on the market to see how investors are reacting right now. and you can see that the dow jones is trading up on the day, due in large part to the