My plan b, is that if we dont make a deal, i will tariff, maybe not at 25 , maybe a 10 , but i will tariff the rest of the 600 billion that were talking about. So we have much more than 300 billion worth of products. Reporter exclusive interview with fox businesss Maria BartiromoPresident Trump says he is happy where things are with china but it is possible that talks could convince him not to move forward with additional round of tariffs but trump says there is more on the table than just tariffs. He wants china to stop manipulating the value of their money. They devalue their currency like a pingpong ball. They played the devaluation card for years, people dont call them on it, were looking for calling them on it the first time. What is the difference, you call them on it, big deal. I want to have a Good Relationship with china. I have a great personal relationship with president she. He is a friend of mine. I think he is fantastic. Reporter no matter what cops out of the facetoface meeting in japan, he says china is more dep pratt to make a deal. President says companies are fleeing china, moving operations elsewhere to places like vietnam, but that may put vietnam at the top of President Trumps target list for tariffs. He says vietnam is the single worst abuser of anyone. Well see if there is any action to come on that. Neil all the companies that moved to vietnam to escape the china arrows, theyre going to be penalized now . At least certainly what he hinted at. Seems like he is not happy with the trade deal and relationship we have with vietnam either. Neil so many fights, so little time. Former assistant second commerce secretary under barack obama and market watcher keith fitzgerald. Nicole, seems to me the target keeps changing with the approach with china. It might all work out but a lot of companies that moved their operations or some of their operations to vietnam to deal with this just as a couple did not too long ago to mexico, then we started the mexican tariff threat. Now were starting a vietnam tariff threat, this is like a who is on first thing, this trade approach. What do you make of it . Good to be with you, neil. This is so market distort tiff. Our clients are telling us hard to do long term Business Planning with this whackamole approach to trade policy. The tariff situation is really harmful in terms of supply chains. Yes, companies are looking at alternatives in Southeast Asia including vietnam in order to escape the tariffs and it is just very expensive. It is hard to plan out longterm Business Investment and strategy if you have to deal with these, with this kind of pingpong effect. Neil you know, keith fitz gerald, people tell me, neil, there is method to this madness, sometimes i counter maybe it is madness. Maybe there is no method to it . The president insist to the companies were disproportionally dependent on these region. Spread out a little bit in that region. The reward for many of them having done just that they are still going to get screwed . Well, yes and no because the whackamole approach is very disturbing. It can be potentially very expensive, but dont forget these Companies Deal with this every single day. They are global in nature. Neil they never dealt with Something Like. They never dealt with Something Like this from their own president. There might be an endgame here im not appreciating. Keith, no one can tell me that these guys who have to put billions of dollars online in factories, have to move them around like i do, vegetables on a plate, because i never eat the vegetables, im telling you, it is crazy. Well it is crazy but again, what are we dealing with here . Short term pain or longterm solution. The president neil longterm solution to what . Longterm solution to what . China, i get that. Now were incorporating vietnam. Now were incorporating our country. You dont have a longterm solution when you havent identified what the problem is . I think they have identified in the president s defense, they have identified what the problem is, china unfairly manipulated the Playing Field. That comes with a lot of different challenges, there is no disputing that. Having spent a lot of time in china this is par for the course. This is how they neil i get it, not about china. Nicole what im worried about, the president is muddying the waters a little bit. The strategy on china might be perfectly sound. In your days in the Prior Administration this was of great consternation to you guys. Now he widened this out to include other countries, muddy that message to the point the chinese saying good, have at eight . That is true. It is very expensive to move supply chains. Our businesses have to do longterm planning. The only thing that i can think about just in terms of vietnam is perhaps some concern around transshipment, neil. Neil absolutely. There is a little bit of improvements made or value added to a part. It got made in vietnam stamp all of a sudden that could be part of it but i think we have to be very precise here. Markets will be affected. Business investment and Business Confidence will be affected. This isnt a game. We have to be very crisp in our messaging around what the problem is were trying to solve. The problem quite frankly is, structural changes such as protection of intellectual property and kind of leveling the Playing Field from a Market Access standpoint in china. That is what were trying to solve. The question is, how do we get there. Neil it might all work out to your point, to keiths point, but it is confusing a lot of folks. Unlike television anchor reading a prompter they have to put money on the table to do something. They cant, they really dont know which way is up. Well see. Guys, i want to thank you both. Thank you. Neil meantime the senate is set to vote on that 4 1 2 billion dollar border bill. That will come up in couple hours. Chad pergram is on capitol hill with the latest. Reporter couple of votes this afternoon. At 2 00 the first vote is on the house bill that the house moved yesterday which is different from the senate bill. That bill shifts more to the left. They will submit this to a 60vote threshold, to demonstrate the not the support for that, it doesnt have the votes to break a filibuster. Then they go to the bipartisan bill which has 60 votes to break a filibuster, subject that to 60 votes, pass that this afternoon. What we have, neil, different bills, house bill, senate bill, they would not be in sync House Majority leader, excuse me, Senate Majority leader Mitch Mcconnell was pretty critical of what the house done. The house has not made progress actually towards making law. We have waited long enough. We should not have to wait any longer. He called the house bill quote, resistance theater. This bill tilted to the left to get support of liberal democrats. Now here is the problem, time. The reason the senate is trying to move so expeditiously, neil, they were afraid of getting jammed by the house of representatives, okay if we move our bill that appears to have the support of the president and can break a filibuster, maybe we can in turn jam the house, they would send that back to the house. The bottom line theyre not in zing. If they get out of here by thursday for the 4th of july recess they have to move quickly. What could then happen, they would send it back over to the house and a different coalition, presumably would vote for that, if that is the direction that House Speaker nancy pelosi elects to go in. In other words she only lost four vote yesterday on her side. She would probably lose a lot more on the house bill. They would make up the difference with a lot of republicans. House minority leader kevin mccarthy, the house in fact should take the senate bill, neil. Neil we know, chad, lets say they are close to something, they dont have something, whether the president would delay again deportations he put off couple weeks . Reporter this bill does not directly address that. I spoke with henry cuellar, democratic congressman from texas, he said this is a appropriations bill, not a policy bill. This is unclear if it satisfies what the president said over the weekend delaying those raids. Neil thank you very much, chad pergram. If we needed anymore reminders how various markets are tied to the fate not only what is happening in china, what is happening in iran, we have oil prices jumping again. Lower supply numbers are a big factor in all of this. That philadelphia refinery fire, remember that one, maybe permanently shutting that down . That is having another effect as well. Regular market factors are combining with political unpredictably to make a mess of things, after this. Thanksno problem. Youre welcome. This is the durabed of the all new chevy silverado. It looks real sturdy. The bed is huge. It has available led cargo area lighting. Lights up the entire bed. It even offers a built in 120 volt outlet. Wow. Plug that in for me. Whoa holy smokes oh wow and the all new silverado has more trim levels than any other pickup. Whoa oh wow very cool. Theres something for all of us. Absolutely. Its time to upgrade. laughter i kept putting it off. T get what was i thinking . Ago. Ok, mr. Jones. Were all done. I told you it was easy. With life line screening, getting screened for unknown Health Conditions is so quick, painless and affordable, youll wonder why you hadnt done it before. So if youre over age 50, call now and schedule an appointment near you. For just 149 a savings of over 50 youll receive a package of five screenings that go beyond your doctors annual checkup. Ultrasound technology looks inside your arteries for plaque that builds up as you age and increases your risk of stroke and heart disease. After all, 4 out of 5 people who have a stroke, their first symptom is a stroke. So call today and start with a Free Health Assessment to understand your best plan of action. So why didnt we do this earlier . Life line screening. The power of prevention. Call now to learn more. Somebody said they dont want what happened in 2016 to happen in 2020. They dont want it to happen again, is that what youre referring to . Let me tell you, theyre trying to rig the election. That is what we should be looking at, not the witchhunt, phony witchhunt. Is what Technology Companies doing to you, is that legal, are they breaking the law, mr. President . I dont know but tell you what, they should be sued. Neil President Trump slamming google, other Tech Companies claiming theyre suppressing his reach and could hurt him again. Washington examiner on all of this. What do you think of all this . Look, neil, one thing there is the biggest takeaway here there is a lot of bipartisanship when it comes to breaking up these big Tech Companies. Elizabeth warren said in march, facebook and other Tech Companies that exceed 25 billion in ad revenue should be broken up. Google, for example, owned by alphabet, has faced antitrust issues before. They had to pay a 1. 7 billion fine to the European Union of the fact that the department of justice, rumored in the past year to be possibly opening an antitrust probe into google, that would just be a new frontier and a new country obviously which they will probably face maybe additional fines. Neil but wasnt the issue with a lot of these guys, facebook included, whether intentionally, unintentionally were providing entity for all the fake entities were actually helping donald trump at the time . And that is the thing. We have to understand, do the American People want a lot of this control going to these big Tech Companies . And there is sort of been this, cognitive dissonance to say the russians meddled in the 2016 election, that they had a huge impact on the vote. Now theyre saying here, at least some liberals are saying these big Tech Companies might not actually have a big impact in 2020. That is what seems to be the root issue here. The google executive was videotaped saying in the context of saying Elizabeth Warren is being misguided breaking up the big Tech Companies, it makes it harder for Big Companies like google to stop a quote, unquote, trump situation in 2020. That is sort of the issue here. That is kind of interesting to see how people are reacting to it and trump might get more allies from the other side than he thinks. Neil i think youre right about that. Also the notion that it hurt him, when in retrospect we know enough from the mueller report, when it came to that stuff, the russians were very, very successful leveraging that to hurt Hillary Clinton and help him. Its a little weird. Its a kind of a weird disconnect. Trump is probably on to something that google and other big Tech Companies are policing conservatives a little more harshly than they are liberals. Neil both sides should appreciate importance getting a handle on that now, regardless whether youre a republican or democrat to your point. Thank you very much. Thank you, neil. Neil i think tonight is the first democratic debate. I might have have heard a thing or two about it. Liz warren, she is the star of the stage, at least if you believe the poll numbers. Remember some other key players are tomorrow night including joe biden. This is her makeorbreak moment. What do you think she does with it . That move us forward. Every day, invesco combines ideas with technology, data with inspiration, investors with solutions. Because the possibilities of life and investing are greater when we come together. Who used expedia to book the Vacation Rental that led to the ride which took them to the place where they discovered that sometimes a little down time can lift you right up. Flights, hotels, cars, activities, Vacation Rentals. Expedia. Everything you need to go. Expedia. So. How are you feeling on a scale of one to five . Wait. When it comes to feelings, its more like five million. Theres everything from happy to extremely happy. Theres also angry. Im really angry, clive actually, really angry. Thank you. And seat 36b angry. Youre clive owen. And youre barefoot. Yeah. Theres also apprehension. Regret. Relief. Oh and theres empathy. Ah, i got this in zurich actually, whats the opposite of empathy . But what if your business could understand what your customers are feeling. And then do something about it. You can turn disappointment into gratitude. Clive, you got to try this. I cant im working. Turn problems into opportunities. Thanks drone. Change the future of your business change the whole experience. Alright who wants to go again . I do i do i have a really good feeling about this. I have the right to demote him. I have the right to fire him. But i have the right is that what youre think about doing . Are you considering that right now . I never suggested i was going to do that. I do have the right to do it but let me just tell you he has to lower Interest Rates. Neil just want to make something clear so were all on the same page here, the president does not have the right to fire or demote the Federal Reserve chairman. End of story. That is just the deal. He might not like it. Maybe has different interpretation or Different Group of people he is talking to, but we looked into this issue exhaustively. He does not have the right to fire a Federal Reserve chairman. He has right to choose him. Has a right not to renominate him but he cant fire the guy. He cant even demote the guy. So he is again stuck with the guy. Just want that out there. Charlie gasparino. Like youre stuck with me. Neil i know. There are windows in the contract. He does have kind of a, can he get rid of him for cause . Neil for cause though. It has to be something malfeasance, all that. Cause has a legal definition. Neil but it is not because you dont appreciate his Interest Rate policy. We got so much on this president , cant, unless this guy goes off on a shane saw murdering chainsaw murdering spree it will not happen but i digress. Suppose he is reckless with Interest Rate policy . Neil that is maybe for lawyers to argue. I talked to many fine lawyers that he cant do it. We keep we keep, he keeps perpetuating the myth. Speaking about reckless, tmobile, sprint merger, remind me after shakespearean sonnet, tomorrow, tomorrow. Neil i find it more newsworthy to you quote shakespeare. To daytoday to the recorded time. Neil wow. Hickory, dickory dock. This is 11th grade english teacher. Neil yes, yes. But anyway, made us all memorize that. It still sticks with me. Here is where we are right now. It is imminent my day, when i say imminent the decision. Doesnt look like they will approve it with massive conditions. Other thing to keep in mind. If they approve it, is that the end of it . The states could sue. But it is very hard to sue a case where, there has been concessions, getting a federal judge to unwind the thing when the doj and fcc says it okay. It will not be easy thing. If they get rid of another spectrum to create another carrier, that is what theyre working with dish. We hear others are involved. Here is the latest we understand, p. E. Firms, private equity firms are expressing interest in spectrum to do something, create that fourth carrier. These p. E. Firms are trying to set up meetings with doj antitrough to guest their nose in the door. He doesnt have to, he meaning, Makan Delrahim doesnt have to just deal with