who s a disaster, by the way. he s a total political jerk. they hurt my negotiation. because i go into the room with mexicans, i m asking them for everything. and by the way, if they don t do it, i m putting the tariffs on. we re closely watching wall street and market reaction to this major miss for the jobs report. let s take a look at where things right now, as the as we just hear the cheering. up 212 points to almost 26,000 right now. cnbc senior analyst ron insana is here. let s start with the numbers before we go to wall street s reaction. what happened here? so we missed, as you said, by over 100,000 jobs. and prior months, chris, have been downward revised downward, i should say, so the pace of job growth is now just over 160,000 per month year to date, which is significantly slower than we saw last year. the unemployment rate held steady, average weekly earnings went up 0.2%, which is a little bit on the light side of what was expected on wall street, as well. the numb
of drugs. they kill 100,000 people. they ruin a million families every year. if you look at that. that s an invasion without the guns. they need us we don t need them. they are an important ally of the united states. the trump administration has been ambiguous about what it would take to avoid applying tariffs on mexico saying initially it will be at our discretion and on an ad hoc basis. the president tried to clarify his stance yesterday. we ve told mexico the tariffs go on. i mean it too. i m very happy with it. as i go into the room with the mexicans i m asking for everything. if they don t do it we ll put the tariffs on. one thing with the tariffs, when those tariffs go on, companies are going to start moving back. once they know they will stay on companies will move back to the united states. they took 32% of our car
there is nothing more important than borders. reporter: starting next monday, president trump is vowing to enforce a 5% tariff on all goods imported from mexico. those levels could go as high as 25% by october. trump says it s punishment for mexico not doing enough to stop central american migrants from coming to the u.s. mexico shouldn t allow millions of people to try and enter our country. they could stop it very quickly. i think they will. if they won t, we re going to put tariffs on. reporter: for some republican lawmakers the tariffs aren t justified. i think it s a mistake. i m not saying we don t have a crisis on the border. we do, clearly. i m not saying it won t work, at least short term. my concern has to do with long-term ramifications. reporter: a person who attended a private meeting says multiple gop senators expressed frustrations there saying the
comics taking aim at president trump s reaction to protests in britain. here are the late night laughs. even coming over today there were thousands of people cheering and then i heard that there were protests. i said, where are the protests? i don t see any protests. i did see a small protest today. very small. so a lot of it is fake news. oh, man. oh, man. trump is adorable, man. come on. like he doesn t go with one excuse. you can pick the one you like best. the people were cheering. i see no protests. i saw a small protest but it was a fake protest and i didn t see it. i didn t see it. see if the tariffs become permanent chipotle could raise burrito prices by 5 cents. now we ll have to put cheaper things in your mexican food. get ready for taco bell pigeons and lint crunch supreme. we ll put tariffs on. every month they go from 5% to
it s so unnecessary. the president actually did predict brexit. he did it months before the fact. but not the day before as he said today and not at his fossil course in scotland. he did talk about brexit there. but he did not makeen any predictions. how could he? because it was a day after the vote. so he took a introduced and flattering story and turned it into an easily checkable lie. it s not a big lie, it s a dumb lie, one of those lilg lies we become so accustomed to. to, this may noye not be his threat to hit mexico with tariffs next week. mexico shouldn t allow millions of people to come into our country. they can stop it. if they won t, we will put tariffs on. every month they go from 5% to 10% to 15% and to 20 and 25%. and that s serious stuff