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Transcripts For FOXNEWSW Shepard Smith Reporting 20190513

Afternoon with the dow singing 700 points after china fired back a bit at the United States in the trade war between the worlds two biggest economies. President trump speaking minutes against, accusing china of taking advantage of america for many years and denouncing that he will meet with the chinese leader and the russian president , vladimir putin, at the g20 summit next month. More from the president just ahead. This morning, officials in beijing announced retaliatory taxes on 60 billion of u. S. Products. Starting on june 1. Our corporate cousins report it will affect about 5,000 items. Including certain kinds of green tea, frozen spinach, coffee, flesh flower arrangements, meats, vacuum cleaners, celling fans, cotton baby cloths, blankets, umbrellas, padlocks and lawn mowers. A lot comes from china. Trade talks fell apart last week. The white house accusing the chinese officials of trying to go back on commitments that they made in earlier negotiations. Officials in beijing deny

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