U. S. China trade relationship. President trump referred to the verbal agreements of the two country negotiators as a deal today. The chinese were more constrained. The chinese are calling this a pause in at what at best has been a trade dispute, and at times a hostile conflict between the two countries. The rall the markets rally on the hope this will lead to an agreement. The Dow Jones Industrials down 200 points from its session highs. And for the latest we turn to chief white house correspondent, john roberts. Nearly six months ago the u. S. And china appeared to be close to a trade deal when china backed out. After crippling tariffs, china does appear to have changed its mind. In the oval office, President Trump announced months of trade negotiations have made progress. We have come to a substantial phase one deal. We have come to a deal on intellectual property, financial services, a tremendous deal for the farmers, a purchase of 40 to 50 billion worth of agricultural products. Reporter china made concessions on currency, a particular thorn in americas side. Other testy issues like forced Technology Transfer will be dealt with in phase two of the negotiations. While the agreement is not the comprehensive grand bargain the wanted,. President trump we agreed in principle to just about all the important points i listed. I dont think it will be a problem getting it papered. Compliena wants it badly and we want it also. Reporter President Trump will hold off on new tariffs that were scheduled to go into effect tuesday. Lou joining us to discuss the implications of these agreements, as the president put it, phase one. We arent joined by chang. This is not what the president outlined in the preceding months but he seemed to be pleased with it. The devil is in the details. The good news is the chinese seemed to agree in principle. But they seemed to agree in principle several months oh go and reneged on the deal. The agricultural property,ing a. But nothing ing agricultud it can be an he turnity. Lou they put together what is ostensibly an agreement. Which do you see as the most of important issues in the negotiations between the two countries . I think the intellectual property issue is central. That has been the central sticking point. Lighthizer said we are not going to lift tariffs until the chinese are willing to say if they break this new agreement what the consciouses are going to be. I hope that the chinese have given in on this. Im much less optimistic. On the ag side, the interesting part is the chinese are facing internal problems with agriculture from african swine fever and this new worm eating its way up through South Central china. Lou which is devastating crops of all kinds. The chinese may lot . Had much of a choice in agreeing to increase american ag imports. Lou the central question in the discussion of 40 to 50 billion in ag products. The question is if we can provide that much in the way of exports to china. It looks like well soon find out. The lang used today. The president referring to this agreement as a deal. And the vice premiere did not use that language. It was called a pause in what has been clearly a trade war. There is a lot going on right now between the u. S. And china that spans trade and human rights. We just put over two dozen entities, Chineses Companies on to the entities list. These are issues i think the chinese will wants to address in this phased approach. In this first phase, those issues are not going couple and that does offer some hope of moving things forward. Lou it was i think a Surprising Development to most of people that the chinese announced they were agreeing to a small deal, which of course was precisely what they had in these negotiations proposed. We saw the chinese accepting their proposal effectively as we move toward resolution, apparent resolution of this first phase. Your thoughts about the import of hong kong here, and u. S. Vulnerability to continued practices that are anticompetitive and are decidedly against u. S. Interests. I think this is what the next several weeks of the negotiations are going to reveal. Are the chinese serious about addressing the most of important issue. Information, intellectual property is the life blood of the 21st century economy. The chinese will play by accepted rules or they will try to back out again and well go to 30 tariffs. Lou its worth noting the president gave up very little when he decided to pause the application of those tariffs that were set to go into effect on october 15. It was only a rise in tariffs from 25 to 30 . Thats all he abandoned. Those look like if you will, the weigh points that will be important to both side as the talks continue. Dean, thanks so much for being with us. Dean chang of the heritage foundation. The national leftwing media refusing to report about the president s crowds at his rallies. At last nights rally in minneapolis, hook at this. Look at this. 20,000 people packed into the target center in minneapolis. The trump 2020 cap pain said there were another 25,000 outside. These are startling images of a crowd when the president of the United States walks in to talk any time any where. I cant think of any president who in his Reelection Campaign drew crowds of this size period, ever. He will be speaking soon in lake charles, louisiana that seats 7,500 people, and we are told reliably a lot more than that want to attend. Radical dimms like adam schiff and nancy pelosi are desperately working to keep the identity of that socalled whistleblower who is a cia officer, they want to keep him shrouded in mystery to the american people. Working against mysteries of all kind. John solomon, one of this countrys leading investigative journalists. He joins us. Well take that up and more. Another act of judicious activism blocking a key part of the president S Immigration policies. We take that up with mark morgan. Stay with us. We are coming right back. Everyone uses their phone differently. Thats why Xfinity Mobile lets you design your own data. You can share 1, 3, or 10 gigs of data between lines, mix in lines of unlimited, and switch it up at any time. All with millions of secure wifi hotspots and the best lte everywhere else. Its a different kind of Wireless Network, designed to save you money. Switch and save up to 400 a year on your wireless bill. Plus, get 250 back when you buy an eligible phone. Thats simple. Easy. Awesome. Call, click, or visit a store today. Stocks finishing much higher. The rally took the dow to 320 points on the day. The s p up 32 a the close. Volume on the big board. The s p up over a half percent. Crude oil soaring 4 . Gold down more than a percent and a half. Mastercard, and ebay pulling their support for facebooks crypto currency libra. They joined paypal which announced its with brawl from libra. A reminder to listen to my reports coast to coast three times a day on the salem radio network. A clintonappointed judge in texas has ruled against President Trumps National Emergency declaration, thereby blocking the plan for funding for the border wall. The judge said the president overstepped his authority by appropriating more funds than were appropriated by congress. The Border Agents will soon start using drones to stop smuggling into the United States. It can send a signal that can take control of other drones by the bad guys have been using to carry drugs and weapons across the border. The company has been working with u. S. Customs and Border Protection for several months to build what they call a virtual waffle. Joining us, the acting Border Patrol and customs director. What is the message here . Are you being more effective . Or are there just thats more people coming up . I think its absolutely, what you are seeing is unprecedented achievement being driven by this president and this administration to come up with a new network of innovative rules, regulations and initiatives that the men and women of customs and Border Patrol are expertly enforcing. From may to this last month. In four months we have seen reductions in apprehensions. A 65 reduction in apprehensions that absolutely unprecedented achievement. The Border Apprehensions up 88 . We also have as your department and agency is doing so much to stop illegal immigration and drug smuggling and sex trafficking. We have a clintonappointed judge declaring the Border National knowledge declared by President Trump to be unlawful. Again, the president while he is taking on nearly every establishment vested interest in this country, hes been then attacked by a jew dish airive that is filled, we pleat with leftwing appointed judges whether they are obama or clinton. Its an extraordinary task. What is the impact of this ruling, in your judgment. The american people. This is an element that should worry the american people. The degree of judicial activism against the president on an National Emergency. This will impact a small amount of d. O. D. Funding thats been provided. Make no mistake. We already built 73 miles of new wall. Regardless of this court ruling, well get up tomorrow and well continue to build new miles of wall. Well appeal this and i have no doubt well win on appeal. Lou you are talking about the success of the wall, its entirely dependent upon the innovation of the president. No one at least initially thought there was any way to get that wall built without running a legislative battle in the house and senate. Once he understood clearly that the dimms were not going to be helping just because its in the National Interest of preserving the safety of our people of and the sovereignty of the nation. He quowms this plan to fund it using funds from the d. O. D. And you will have 500 miles of fence built by next year . We are hoping to have between 450 and 500 miles of new wall. Its a wall system that includes lighting and technology. This wall isnt just about the flow of illegal migration. This is also about the flow, you just hit it, of illegal narcotics. Last year we had 68,000 americans die due to overdose of drugs. This wall will give the Border Patrol a better operational capacity to stop the flow of those drugs its unbelievable anybody is resistant to this wall. Lou there are some, as you well know, and the president deal be with those few by frankly innovating and being genius which is what used to be one of the hallmark value of this country. Turning to mexico and saying, you are either going to be a partner in protecting your border and ours, or we are going to be applying tariffs to everything you do that crosses that border. It worked brilliantly. How many troops does the Mexican Government have on those borders, both in the southern border of mexico and its northern border with us. This president s administration, the innovative approaches you just talked about. Mexico, they are work was as True Partners, seeing this as a regional crisis. They have 25,000 troops dedicated to this, both at the southern border, the u. Much mexico border and the interior of mexico. In may we had 4050 large caravans making their way to our border, overwhelming our system. Last month we had one because of mexicos efforts. Its unprecedented support. They are joining us as True Partners in this because of this administration. Lou i want to quote the director of immigration and Customs Enforcement if we can hear this, on sanctuary cities. I tell them, sanctuary jurisdiction, their elected and appointed leaders are making them less safe. Straightforward and to the point. I know you agree. Hes a true leader. Hes a true patriot. He dedicated his entire adult life to protecting this country. Hes absolutely 100 correct. Lou i have got to ask you about the drones. The bad goes are using drones to get drugs and guns across the border. Well be deploying drones for surveillance and detection and well use that telling as a counter capability to counter the drones being used by the smugglers and drug cartels. We are expanding that capability every day, but its something we need to do to stop them. Lou the battle at the border is turning out to be a battle in the air above that border. Mark morgan, thanks for being here. The pentagon announced its deploying nearly 2,000 more troops to saudi arabia to counter irans increasing threats. Two craw drops of jet fighters in addition to 2,000 troops. These troops join 700 of our troops already stationed in saudi arabia since july. Up next, an obamaera holdover joins in the radical lefts sham impeachment proceedings. We take it up with the man who knows, john solomon. Mexico putting pressure on the do nothing democrats to pass a major trade deal. Stay with us. We are coming right back. President trump if turkey does something they shouldnt be doing, well put on sanctions the likes of which very few countries have ever seen before. Lou President Trump giving secretary mnuchin broad discretion in sanctions against turkey. He says they have the ability to shut down turkeys economy as he put it. The kurdish population that is threatened thereby. The nba canceled all its media events in china. This comes days after china canceled multiple nba events over a deleted tweet from the Houston Rockets general manager supporting the ploa protests in hong kong. The leagues Commission Says it would be unfair for teams to address the issue in realtime. Mexicos president pushing Speaker Pelosi to approve the usmca agreement. Obrador sent a letter to pelosi saying its in everyones best interest to finalize trumps new trade deal for china excuse me for canada and mexico. Joining me is james freeman. Lets start with, first of all, its good to see you. The developments today, first of all, the agreement, the socalled phased agreement with the chinese. Its good news. I would like to get all the other phases now. Investors encourage the president. We are not going to get a tax increase. Thats good news. We wont get one in december. Existing ones will come down, too. Its very positive news. Lou the tax increase you referred to was a veiled reference to tariffs. See how i pick up on your subtlety . The economy has been bustling throughout this period of trade war and trade tariffs, and all sorts of angst on the part of the Business Press. Particularly as we have gone through it. It seems to be having some significant impact. Certainly much of the Business Press has overstated, overannounced, overexpected a recession. Overcalled. Lou say it isnt so. But we arent growing as fast as we could be or should be. I think this economy will roar once it gets resolved and those taxes come down. Lou who knew the on impediment to growth would be those tariffs. My goodness. You dont want them inand of themselves. You want them as a tool to change chinese behavior. From what we heard today, maybe its work. We hope it does. We know for certain it will cost less to buy stuff next week than we expected. Thats good news. Lou thats good news if that were our only objective. And isnt all of these trade deficits we run with the chinese. We would have fuller expansion of our economy. Our gdp would grow faster because we wouldnt be subtracting that trade deficit from this economy. I think thats probably not a reasonable expectation for how this concludes. But well have equal amounts of buying and selling. But i think that market reaction. It told us early 2018. Lower taxes are good for growth. Something not so pleasant about china. That is the nba, and the authoritarian reactionary expulsion, if you will, of nba as a result of a comment by a general manager of one of their teams. Thats really that suggests a certain predilection to something less than free speech. Come niftds wouldnt feel that way. I guess its fun to think that phoneys like steve kerr and gregg popovich, the nba coaches are not going to be listened to as much now that they have been exposed by this. But i think the nba may be making a terrible mistake siding with the thugs in beijing. Not just u. S. Fans, but chinese fans as well. They see china as their growth possibility. But many of the people in china want the same liberties the people in hong kong have. I know this may appear to be the Smart Business move. But i dont think it is long term. Lou this has against perceived as a Smart Business deal ever since the United States coupled trade interests from Foreign Policy interests. Its been a Long Time Coming and its oddity happened with the nba general manager who offended china and suddenly reminded every one that we are a constitutional republic, a Free Enterprise capitalist society. It feels good to have that reminder. I wish more people in the nba would share that message in china. It might do a lot of good. Lou i am sure kerr and the fellas will figure it out next time they go to the bank meeting. New details about the connections between adam schiff and the socalled cia plant i mean whistleblower. John solomon joins us right here right after these quick messages. President trump the whistleblower reported a different conversation than i had. I released the transcript. And the whistleblower didnt say that. The whistleblower is either saying unteeths, or he didnt know and hes make up a story like schiff did. Lou the president blasting the socalled whistleblower or complainant or whatever he may be. Perhaps a provocateur. His comments come as a Washington Examiner reports two aides who worked with the socalled