they re not commenting any further. the french say he didn t disappear on french territory. this is a highly sensitive issue clearly. so sensitive, indeed, that this is what it looked like when my colleague was broadcasting on the subject just a few hours ago inside china. look at where the chinese start to cut him off. let s roll that tape. wi we have a malfunction on that tape, a great relief probably to chinese authorities. in any case, with blocking all and any reports suggesting that mr. meng has disappeared. that is certainly the view of his family. this, of course, against the background of the fan bingbing, the most famous actress in china who vanished for three to four months before issuing a statement saying that she expects to be released in return for the payment of $130 million allegedly in back tax. we do not know officially in any
guys are amazing, i love them. and they voted for me and they love me and they said we don t care if we get hurt, he is doing the right thing. and a lot of people it s a complex game. a lot of people don t know exactly what it is. if they don t know how to define tariffs. they don t know it is really different than attacks although it s getting close, but they know that for the first time in many, many years they have a president that s fighting for them, that s not letting their jobs be taken to other countrie countries. that s not allowing the kind of abuse when you look at what happened as an example with nafta, and for years, because it was never changed. nafta was a defective deal the day it was done because they had a back tax of 17% and nobody from this country knew that and by the time they found out, which was about a week later, nobody went and changed it so you went many years and they
an we are back live with a look inside the treasury department where president trump will like-an executive order that allows treasury officials to roll back tax rules imposed by president obama. cnbc economics reporter and a senior fellow on policy and budget priorities is with us. steve, what do we know about the three things that he s going to sign, how significant are they? potentially significant. i liked the way you said, aimed at. he did want the dodd-frank regulatory reform go. when you read the executive order, it was a little easier than this.
because people want to pay the lowest amount of money and get the greatest amount of goods. to see macy s would eat the cost, macy s just closed 100 stores. margins have shrunk, companies aren t willing to pay. i know america first is a great sound bite but people don t want to spend. it s not mexico who would incur the cost, it would be the united states. and we saw a walk back, a little bit of whiplash from the team saying this was just a buffet of option, this was not the final plan. that s sort of what s extraordinary here, maybe it s a shot across the bow but it leaves so many of us wondering how trade works, it isn t simply a back tax, a tariff. even if mexico were to be hit. it s about wages. labor would move to nicaragua,
his soon to be fiancee. he has to pay a $5,000 back tax. is it tax deductible? it goes to charity. i am just saying. that s a good question. you should have found the answer to that question. some don t do proposals. that s including city field the home of my beloved and awful mets. do they have the right idea? i believe they do have the right idea. my home team, the baltimore oriels who i grew up watching, they don t do it as well. it is such a awful idea to propose at a sporting event, but i also love the proposal, so it is weird. they are so incredibly unromantic that if a woman says yes to you, it has to be true love. she can t possibly like it, but she loves you so much that she will say yes and i think those marriages are set. we are going to end on that up note. a special thanks to joanne and