What are you hearing . Reporter this may be moving the market. A roundtable with American Business leaders, current and former chinese fishessals and American Chamber of commerce. Out of the round table there is big differences with the trade relationship with china. One example from the u. S. Side. They say there was no real huge benefit to have this trade relationship with china, having china within the wto. Chinese officials during that roundtable saying no, that is not the case. In fact china, u. S. And world benefited from china being in the wto. Chinese made the case that china entering it benefited everybody. Roundtable officials according to the global times there may be big differences coming up with a trade deal in terms of tariffs you talked about. Global times says chinas precondition to the trade deal would like the trade tariffs rolled back simultaneously. But the negotiators from the u. S. Have not given a positive sons to that our chinese trade sources said china wants tariffs rolled back as phases are completed. Those sources are telling us u. S. Offered to roll back some tariffs but keep majority in place until china meets milestones in the agreement. In addition to china, the white house focused on trade. There are a number about phone conversations going on today. The president , treasury secretary. Seg tear of agriculture of white house economic advisors making a blitz of phone calls into local districts as well as local districts and interviews in local markets related to usmca. 70 interviews in all have been done. They are talking to local markets to put pressure on democrats inside of their house district. They did say that the usmca will create 176,000 jobs coming up. One democrat signaled today usmca could be ratified by christmas. That is ahead of the ways and Means Committee richard neil, democrat signaling it could happen. House Speaker Nancy Pelosi has not yet come out and said scheduling a vote before christmas could happen. Neil, this blitz designed to show, as the house is focused on impeachment, the president is focused on the economy. Back to you. Neil edward, thank you very much. As edward is speaking were getting news on boeing. The stock suddenly reversed course down 1 , news that the ntsb is calling on the company to redesign part of structure all 737 planes, retrofit existing planes. This is nothing to do with the 737 max. This was the model involved in a fatal southwest incident. The stock had been up on the notion that it had grounded the 737 max and was soon to start reflying again. Were hearing the ntsb will hold a Board Meeting on this issue, offer more details on it. This left engine seems to be in question involved the Southwest Airlines flight 1380. That accident of the left engine resulted in the crew conducting a emergency descent that diverted the flight to Philadelphia International airport. 144 passengers, five crewmembers on board. One passenger suffered fatal injuries. Eight passengers, minor injuries. The airplane needless to say substantially damaged. To correct that, having nothing to do with the 737 max. Boeing a dow component. So it is not helping matters, one reasons why among others the dow is down 107 points. Busy day with testimony on capitol hill i think something to do with impeachment. Hillary vaughn with the latest on that. Hillary . Reporter neil, both witnesses today, Lieutenant Colonel alexander vindman, aide to the Vice PresidentJennifer Williams were both on the call between President Trump and ukrainian president zelensky. Both of them noticed the transcript of the call left out the word burisma. The colonel said that omission is not significant. What is significant to him, that president zelensky was the one to bring it up. He told Ranking Member devin nunez he talked with a member of the Intelligence Committee on the july 25th call, sparking speculation that vindman could have had contact with the whistleblower. Please stop. I want to make sure that there is no effort to out the whistleblower through these proceedings. Lieutenant colonel vindman, you testified in the deposition that you did not know who the whistleblower was or is . I do not know who the whistleblower is. How is it possible for you to name these people and then out the whistleblower . Per the advice of my counsel ive been advised not to answer specific questions about members of the intelligence community. Reporter two weeks before the july 25th call, vindman attended a white house meeting with ambassador sondland, National Security director john bolton and ukrainian officials. Ambassador sondland made it clear a white house visit for president zelensky came at a cost, investigating the biden, burisma and 2016 election. When sondland, mentioned burisma, bolton bolted from the room but ukrainian officials were in the room. That was the first time i was aware the ukrainians being approached directly by a government official. And directly linking the white house meeting to the investigations . Correct. Reporter we will hear from two more witnesses this afternoon. Tim morrison, the top russia expert at the nsc and former envoy to the ukraine kurt volcker. Tomorrow Eu AmbassadorGordon Sondland will make his appearance today. This is one name dropped by pretty much every other witness in the hearings. He will get a chance to tell his side of the story. Neil . Neil hillary, thank you very much. Speaking of impeachment cameras gone into the white house right now. The president is meeting with his cabinet is entertaining questions. Were told he watched a it about of the house impeachment hearing today. He will let people make up their own minds about the whole thing. He says separately on china it is up to china to see that a trade deal ultimately comes to pass. We should say for the markets, bigger issue is not impeachment but the china thing. You can almost track it day by day, tick by tick, the better it looks for trade deal better it looks for corner of wall and broad, the antsier it looks it playing out that way today. Lee carter, and did not yale dimartino booth. Let me begin with you, you follow Federal Reserve closely. One of the reason we had three rate cuts we saw addressing uncertainty around trade. President says trade has nothing to do with it. You guys are botching, you raised rates too soon but where do you see this playing out . The stress of the day at wall and broad has to do with a threat that the senate vote on the bill will throw off the trade negotiations. Neil tougher we get on the chinese to address hong kong the more problematic a trade deal cities. Exactly. Clear you can watch the news every he night. The situation in hong kong is not being diffused in any way, shape or form. It is starting to encroach on what we consider to be one of our greatest values of liberty about. That is really speaking markets today. In addition to some macroeconomic, home depot, kohls disappointment among retailers against the backdrop. Neil guidance. Lowered their guidance against the backdrop that the u. S. Consumer is strong. Neil the president is fond of talking even before the market opened today. Talking Nasdaq Market at a record. He alluding to that. That is the wind behind his back. Do you think that will offset whatever were getting on the impeachment front . I think that the markets almost decided what they feel about the impeachment. Day by day were looking at it theyre not seeing anything that will make anybody change their mind. I think that is the polling tell us that too. People supporting the president continue to support him. People opposed president think this is the end of his presidency. Neil let me ask you about that lee. We saw in the watergate hearings, im old enough to remember those as a kid to remind me, public sentiment was overly against the hearings to get nixon. Evidence came up, for quite some time it changed. I just dont see that here i could be wrong, i dont see it to your point changing minds as it did back in the 70s . I think the difference here, i think when you look at some of the polling, some of the most interesting polling seven in 10 republicans actually think most government officials would do the same thing that president is being accused of. Neil they are a cynical lot. So the truth of the matter is, if it comes out all of this is true, are people going to turn on the president . Is it then in fact impeachable . That is the question. A lot of people will say no it is not. A lot of people on the left fee differently about that. Neil sure. Most people think it is political. If he has done exactly what he accused of, is that impeachable . No. I think thats where we are right now. I think by and large people decided this isnt an issue. China is a very big issue for the economy. Jpmorgan jpmorgan has cofefe index, what is most powerful language, when he talks about china. The pressure is on by middecember we have to see something happen. The economy, markets that is what gets him back in office. The impeachment in many ways is a very, very negative thing obviously but it is really getting people riled up already opposed to president. It is not changing support for him at margins. Neil the president has said, danielle, that it is really up to china. Again were going to get the full tape when media leaves the room. But the china will have to make a trade deal here. The onus is on them. Were not going to change anything. I guess by that he means, as far as our dropping all tariffs, that is not going to happen. So if he is saying that, some or most tariffs go, im wondering how the markets would digest that . Means you dont get a deal . I think markets largely priced in everything that has been assumed in phase one. I think one of the most startling revelations is china cant really afford to proceed with a trade deal that doesnt roll back the tariffs. I mean people are, people who watch this stuff late up at night, theyre companies defaulting, banks defaulting in china, the government has other issues. I mentioned hong kong earlier. There is a lot on their plate theyre having to pay for as their economy skids to a threedecade low. For me at least, i think it is curious that the chinese have taken the stance they have taken. All that is going to do, i think market might start to clue into this, get us back to where we were before the first trump tweet. Theyre not offering to give us anything back we never gotten from them in the first place. Neil amazing. As were getting that, were getting a little bit more details the president , once we get that tape released here, well share it with you about he is not really that familiar with the participant today. He has been talking a little bit about those who have been arguing that the, there is no smoking gun here. President is saying when it came to colonel vindman. He doesnt know the guy that well. Even if he said the transcript is correct. I watch him for a little while this morning. I will let people make their own determinations. Ive seen a couple of times, names like taylor, kent. What is going on he says is a disgrace. A couple minutes we should hear from the president of the United States himself as the tape makes its way to us. Look. Only one things more exciting than getting a lexus. Ahhhh giving one. The lexus december to rembember sales event lease the 2020 nx 300 for 329 a month for 27 months. Experience amazing at your lexus dealer. groans hmph. food grunting menacingly when the food you love doesnt love you back, stay smooth and fight heartburn fast with tums smoothies. Tum tumtum tum tums now you can, with shipsticks. Com neil were about a minute away hearing from president. The president had a meeting with cabinet. He invited press in. You know the drill. Addressing ongoing impeachment hear national the house. Getting an opportunity to update china. Chinese want all tariffs remove, every single one of them before they sign on to a phase one deal. The president made it very, very clear that is not a given. He hasnt said he is opposed to that. The idea that is a automatic leap he also questioned. He argued again, were told chinese need a deal more than we do. Now the president. I think the woman is grossly incompetent. Were having a problem because mexico and canada are calling saying whats going on . Sitting on her desk, democrats, democrats will vote for it, all she has to do is put it up a vote. She said for months she likes it, she wants it, she likes the it she wants it. The woman is brosly incompetent. All thee wants to do is focus on impeachment is a little pipedream. She can keep playing that game. Ive been told, who knows if this is so i think it is so, i have pretty Good Authority on it, she is using usmca because she doesnt have the impeachment votes. So she is using usmca to get the impeachment vote. And it doesnt matter because right now, you have a Kangaroo Court headed by little shift at this shifty schiff, we dont have lawyers, we dont have anything. I watched the republicans are absolutely killing it. They are doing so well. Because it a scam, a big scam. Theyre doing something that the founders never thought possible and founders didnt want and theyre using this impeachment hoax for their own political gain to try and damage the Republican Party and damage the president but it has had the opposite effect because youve seen the polls and were now the highest, im the highest ive ever been in the polls. You dont hear that on television because the news and democrats are one and the same but thats the story. One other thing i thought i would bring it up while were here, i went for a physical on saturday. My wife said, oh, darling, thats wonderful because i had some extra time because it looks like january could be a busy month, if she is able to get the vote, should she be able to the woman is highly overrated. The woman is highly incompetent. If she is able to get the vote. Maybe see uses it by usmca. I went for a physical. I came back, my wife said darling, are you okay. What is wrong . Theyre reporting you may have had a heart attack. Why did i have a heart attack. I went to walter reed we go to get physicals. I was there for short period of time, routine, i did peas of it, rest takes place in january. Did a routine physical. Visited family, visited a couple groups, visited family of a young soldier badly injured in the operating room. I toured the hospital for a little while. I was out of there very quickly i got back home. I get greeted with the news, we understand you had a heart attack. I was called by our people in public relations, sir, are you okay . I said okay from what . The word is you had a heart attack. Cnn said you may have had a heart attack. You had massive chest pains. You went to the hospital. These people are sick. Theyre sick. And the press really in this country, is dangerous. We dont have freedom of the press in this country. We have the opposite. We have a very corrupt media and i hope they can get their act straightened out because it is very, very bad and very, very dangerous for our country. Thank you very much. Go ahead, please, thank you. Thank you. Please, go. Reporter [inaudible]. I dont know him. I dont know as he says the Lieutenant Colonel. I understand somebody had the misfortune calling him mister he corrected them. I never understand. He wears his uniform when he goes in. I dont know vindman at all. What i do know even he said the transcript was correct. If anybody reads the transcripts, i had two calls with the president of ukraine, who by the way says there was no pressure whatsoever. There was no anything. They dont, probably think, they cant, they probably cant even understand what is going on with this country but vindman, i watched him for a little while this morning and, and i think he, im going to let people make their own determination but i dont know vindman. I never heard of him. I dont know any of these people other than i have seen one or two, a you will could of times, they are ambassadors, but these are names, like taylor, like kent, with the nice bow tie, wonderful bow tie. Maybe i get one for myself one day. I dont know who kent is. I dont know who taylor is. All these people are talking about they heard of a conversation of a conversation of another conversation that was had by the president. What is going on is a disgrace and it is an embarassment to our nation. Meantime we cant get usmca approved because nancy pelosi is grossly incompetent. She is incompetent. Youre about to find that out. Thank you all very much. Thank you. [shouting questions] press, lets go. Make your way out. [reporters shouting questions] china [inaudible]. Say it . Reporter agreement in principle . China will have to make a deal i like. If they dont thats it. Im very happy with china right now. Theyre paying us billions and billions. Well be over 100 billion in the nottoodistant future. China never gave us 10 cents. I told you gave a lot of money to the farmers. Im helping people that need help. China theyre paying for it. The tariffs are not paid by us. Theyre paid because theyre devaluing their currency, pouring cash into their economy. Their supply chains are being killed. They had the worst year in a 57 years. That being said i have a Good Relationship with china. Well see what happens. Im happy right now. If they dont make a deal with china i will raise the tariffs even higher. Thank you very much. [reporters shouting questions] press, lets go. Lets go. Make your way out come on, were finished. Thank you very much. Keep moving. Neil listening to the president of the United States. The most newsworthy on the china situation he is no, no rush to make a deal. It is really up to china. Saying china is paying all the tariffs. Technically that is not the case. U. S. Distributors, deal with either absorb that or pass along but the president did correctly point out china devalued currency to cushion the profrom them. China doesnt pay these tariffs. You do. American entities do. They are dodging that partly because of the valuation and so many of them have been absorbing this. Walmart included by the way. Former walmart u. S. Ceo bill simon on these developments. Bill, always good to have you. The president says were ash absorbing this just fine were ready to increase the tariffs if china doesnt come to the table, how do you think it will pack your old company but americ