potential threat. you know, for my understanding it is not on natural for a country to target potential adversaries as scenarios. potentially one day you might have this that they might have to address and so the united states, we recognize china as potential security threat. the same with russia. and so you know we train in ways that potentially be able to alleviate the threats or concerns that we would have one day. right now the u.s. government is investing in the military. we re going to be tough on china on these things going forward. i m not worried about that front i am worried about the trade war at this point. eric: c have the trade war and election interference, john bolton warning about china election interference. riley walters, thank you for joining us. arthel: a shark attacked a man last week and the beach is not
to attract then it is not necessarily good for this. for china itself, is not necessarily against the u.s. dollar or do evaluating that we should be worried about against all the other currencies in the world.as the u.s. dollar, we are strengthened but there dollar is devaluing. i think for china it s a big factor but so much more it is structural reform, things that the u.s. government actually truly wants from china. but you know i think the trade were on top of all that kind of makes it harder to really get into the meat of the discussions that again, hopefully the talk this week will lead a path to that. eric: we will see what happens with the talks and of course, if the president s me by november maybe they will have it straightened out. finally quickly, this report for the pentagon. the chinese actually training pilots and increased the range of their bombers to potentially target u.s. assets in the pacific. that seems like a real
goods in 2017. john of course does not buy that many goods from the united states. the cant reciprocate to that level but they would target at least in response the 200 billion, half of every product they buy. you have this emerging trade war and hopefully, the meetings that president trump and present xi jinping later this year will put a stop to piraino we need to lay the groundwork. the meetings this week are the right step in laying the foundation for the talks. eric: certainly the chinese do not need this. they do not need any more terrorists. as you say and point out, their economy has been slowing down. we were seeing these videos of empty cities and empty factories. you are right. that is what you get when you have decades of state guided markets. that is socialism, that is communism 101.
apply the tariffs alone are causing china all this economic harm. later this week we will, china is having delegation of the united states to talk about the outstanding trade issues. while it will not necessarily put a stop to the 16 billion worth of tariffs united states will start collecting as of thursday, it could potentially help put a pause to the 200 billion worth of goods we might start to tax as early as september. eric: have so far, what s new tariffs go into effect on thursday as you say, it is $50 billion. tariffs so far. as you say potentially 200 billion down the line and you know they are not really taking it sitting down. they been talking about retaliating themselves. you are right. it is only 50 billion again from our point if you include the retaliatory tariffs from china, it is 100 billion. the united states, with her and 200 billion, the present even said he could go as far as every single item that americans buy from china peer which is $506 billion worth of
mr. tice. thank you. thank you. eric: and of course, the # is #freeaustintice. meanwhile a shark attack close to the shore in the country. leaving a man severely injured. now there is no swimming a lot at that popular east coast beach. plus, the trumpet ministration working to resolve the trade crisis with china.this after a shocking pentagon report says that beijing was likely tranny polish for potential airstrikes and u.s. targets. between trade and tensions, how should the president handle beijing? when my hot water heater failed, she was pregnant, in-laws were coming, a little bit of water, it really- it rocked our world. i had no idea the amount of damage that water could do. we called usaa. and they greeted me as they always do. sergeant baker, how are you? they were on it. it was unbelievable. having insurance is something everyone needs,