Tensions are high with no deal on trade between u. S. And china. China has yet to respond to the latest u. S. Tariffs and it is making the markets jittery. Yeah. Asian markets opened down. You can see all the arrows in the red there. The seoul down 6. 1 . And u. S. Markets suggest a down day on wall street. Look at that, you can see the s p 500 futures lost more than 1 , the nasdaq futures down 1. 25 and the dow losing over 1 there. But President Donald Trump remains confident, tweeting the u. S. Is right where we want to be with china. Mr. Trump claimed the u. S. Would collect tens of billions of dollars from the tariffs. His top economic adviser admitted that is not the case. Its not china that pays tariffs, its the american importers, the American Companies that pay what in effect is a tax increase, and often times passes it on to u. S. Consumers. Fair enough. In fact, both sides will pay. Both sides will pay in these things. All right. Lets go live now to beijing. Cnns stephen jung
Divide in america. The collusion delusion is over. What is the russian reaction . Ill talk to one of moscows top Foreign Policy minds. And the legacy of mueller. Do we now have new norms for president ial power . Will the next president not have to release tax returns, be able to fire people investigating the white house, and more . Well have a debate. But first, heres my take. President trump faces a crucial test of his Foreign Policy and his resolve over venezuela. His administration has made absolutely clear that the u. S. No longer considers Nicolas Maduro to be president. A far stronger declaration than the red line barack obama drew around syrias assad. So far, trumps pressure has not worked. Maduro has dug in and the Venezuelan Military has not abandoned their support for him. Venezuela is a complicated, divided country and maduro is the heir to hugo chavez, does have support in foreign rural areas, but far more significant in the regime in caracas is russias open and substantia
26th about investigations into the bidens. Also, the wall street journal reporting this morning there are a trail of emails where sondland kept acting chief of staff Mick Mulvaney and Energy Secretary rick perry updated on the effort to start those investigations. Ahead of this pivotal week the president is on the attack once again taking aim at yet another witness, pence aide and Career Foreign Service officer Jennifer Williams, set to testify under oath tomorrow. The president is calling her a never trumper. There is no basis for that. Williams was on that now infamous july 25th call between president s trump and zelensky and found the call, quote, unusual and inappropriate. The Vice President s office declined to defend williams call her a state Department Employee. Theres a lot of throwing under the bus going on. Lauren fox joins us from capitol hill. Its a big week particularly because youre going to have firsthand witnesses top of the pack, Gordon Sondland. Well, thats right. Its
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