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Transcripts for FOXNEWS Americas Newsroom With Bill Hemmer and Sandra Smith 20191203 15:53:00

won the governorship very close race and it was tied going in two days before. i went up and we made a speech, had a rally. he won by a lot. and we have a wonderful governor in mississippi and everybody else won. the two races, both candidates went up a lot. we have never had the spirit that we have. i really believe. i can honestly say i don t think we ve ever had the spirit that we have right now in the republican party. and the impeachment hoax is what s done it. so that s the way it is. i think you better know that better than i do. the dow is down more than 400 points now because of comments you made early about the china trade deal. president trump: let me tell you, we took it up, it s almost to 30,000. i have to tell you, if it won t be a good deal i m not signing a deal.

Transcripts for FOXNEWS Americas Newsroom With Bill Hemmer and Sandra Smith 20191203 15:18:00

politically in their favor, you betcha, because what we now know is that this entire process is no longer a merits process. because we know that there is no bipartisan support for it. that s a fact. that s not a partisan observation, that s a governmental and constitutional observation. nancy pelosi made it months ago. unless we have complete understanding that the republicans who support this, we shouldn t be doing it and that s where we are yet they re doing it anyway. maybe by postponing if they do that they could try to muster up republican support. sandra: great to get your analysis on all that. thank you. next hour headliner republican congressman jim jordan on tomorrow s hearing. he will be joining us live. stay tuned for that and a whole lot more. bill: 10:18. market has been open for 48 minutes. look where the dow is going. off 387 after the comments the president made before sun rise here in the u.s. about a china trade deal that may not happen

Transcripts for FOXNEWS Americas Newsroom With Bill Hemmer and Sandra Smith 20191203 15:54:00

it is peanuts. we have picked up record numbers in our stock markets so that s okay. that s the way i feel. i have to make the right deal. i m not going to make a deal that is not going to be great for our country. if it s an even deal it s no good. other presidents and leaders of our country have really let us down because they let china get away with something that should have never been allowed to happen. billions and billions of dollars a year were lost in dealing with china. by foolish people or by people that didn t care or by people that didn t know we rebuilt china. i give china great credit. i don t even blame china. our people shouldn t have done what they did. what they ve done is we ve lost 150 billion, then 200 billion, then 400 billion to china. they rebuilt china with the money they took out of the united states.

Transcripts for FOXNEWS Americas Newsroom With Bill Hemmer and Sandra Smith 20191203 14:03:00

and dismissing the idea that the process is weakening him on the world stage. listen here. president trump: i think it s very unpatriotic of the democrats to put on a performance when they do that. i do. i think it s a bad thing for our country. impeachment wasn t supposed to be used that way. as you pointed out, bill, all kinds of breaking news here. watch for the markets to react this morning to what the president had to say about a new trade deal with china that the dispute could drag on as far as past 2020. listen here. president trump: i have no deadline, no. in some ways i think it s better to wait until after the election you want to know the truth. in some ways it s better to wait until after the election with china. better to wait until after the election. the president insists china wants the make a deal. he may not be ready to make the deal. the dow futures turned negative

Transcripts for FOXNEWS Americas Newsroom With Bill Hemmer and Sandra Smith 20191203 14:48:00

united states. and they ve done that very brilliantly. and frankly, it s not right. so i ve exposed it. a lot of people didn t know it. we re doing things about it. we have no choice. the united states can t continue to lose the kind of money that they ve lost over the last literally since the formation of the european union. i think we ll work something out. they want to talk as you know, the new head wants to talk, who is supposed to be very respected woman, very highly respected and i look forward to meeting her. they want us to meet. we have a very unfair trade situation where the u.s. loses a lot of money for many, many years with the european union. billions and billions of dollars. to be specific over $150 billion a year. so we don t want to be doing that. and we can make a deal, we can take a harsh approach, we can solve the problem instantly if we wanted to but i don t want to do that.

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