trump is willfully ignorant on this question or just ignorant? he s also got .people who have made their careers railing for texas. peter navarro, robert lightheiser, i think those guys understand it. i don t think president trump understands it. joe s initial question is trump doesn t understand it. he thinks they is somehow being paid by chinese. we re tariffing at the moment $20 billion. we have a budget of $4 trillion. this is a rounding area in the great scheme of life. there are so many cases where this president actually doesn t understand how the world works, doesn t understand how trade works, doesn t understand how
number and i need to know as the press secretary how he is looking at the news. so i need to read the newspaper. he said did you see that story on a3? i know what he s talking about. and how does he know about the social media results? i m sure they re passed to him. shepard: a lot of talk about trade today, john. yeah. the white house is putting pressure on two fronts here. first of all, on canada by boxing canada out of the deal with mexico. the president put pressure on canada to sign on or face tariffs of 25%. christian vreeland is visiting robert lightheiser today. and the second part, the new shot across china s bow. now the new rules on origin for
the dow surged? and renegotiating nafta. robert lightheiser said we are very close to a deal with mexicans. in terms of nafta we are in the meeting with the mexicans as we sit here and i am hopeful that in the next several days we will have a breakthrough. there are difficult issues to work on. i asked the mexican economy minister about having a deal by the end of the week. we will see. always the devil is in the details. we have to make sure everything we have some hurdles. reporter: the other part of the stock surge was news about china wanting to come back to the table. the chinese delegation will meet us officials in the treasury department to de-escalate the
wilbur ross and peter navarro and robert lightheiser are all there. high-level meeting face-to-face with the chinese, over technologist taking the us and china the closest they have come to a full on trade war. back here at home a teenager has been arrested and accused of planning and isis inspired mass shooting in a shopping mall. he was charged with making a terrorist threat. officials say plans to release a message to america explaining the attack and allegedly spent $1400 buying weapons and tactical gear. a major drug ring crackdown hurting the so-called mexican mafia and their operations in the us. the culmination of a 3-month investigation taking guns, drugs and dangerous colonels, 85 of them off the streets. casey steagall has more for us. it was the largest crackdown on gang activity so far this year. take a look at these pictures, a huge cache of narcotics also
the trade issues. the delegation includes trade adviser peter navarro and representative robert lightheiser and larry kudlow and steve mnuchin. officials noted that all four are critical of the china trade practices. before officials head to china, the u.s. could have another trade fight. tariffs on steel and aluminum back in march and gave countries exemptions. those expire in 24 hours. it makes up 2/3 of steel and aluminum imports. it includes allies like eu, canada and mexico. global stocks are higher. see if the market moves on t-mobile buying sprint for $26 billion. leaving three carriers in the u.s. wall street closed higher friday just barely all three indices