One way or another im gonna find you. Im gonna get ya, get ya, get ya. One way or another meeting cheryl welcome to fbn a. M. Im cheryl casone. Lauren good morning, im lauren simonetti. Cheryl well, lets the tak tak t how your money is moving today. 24 hours after comments about the china trade deal, look whats happening, were getting a boost to u. S. Futures right now. Bloomberg news is reporting that china is moving closer to agreeing with the u u. S. On a phase one deal an the issue of the tariffs being moved back. Nasdaq is up 51 right now. Lauren trade moves the market every time. That report came after the markets in asia closed sharply lower, the Hong Kong Market down 1 and a quarter percent. Cheryl there is a reason im talking about france, were looking at the cac 40. From chanel to champagne, theyre watching what will happen with the threat of tariffs. Cac 40 is higher, a little optimism, ftse slightly lower. Lauren we are waiting for President Trump to walk onto the stage at the nato welcome ceremony. President trump landed on marine one for a packed day two of the nato summit. Cheryl blake berman is live for us in england with the high stakes meeting on tap for today and the issue of how much money our allies are putting into nato definitely on the table. Reporter exactly, cheryl and lauren. Good morning from wofford. President trump arrived moments ago for day two of the nato summit, to commemorate 70 years of the Nato Alliance. The president will have one on one sitdowns with the leaders of denmark, italy and germany. The white house said the president will meet with what it calls the two percenters. By 2024, nato member nations are expected to have their defense spending be 2 of their gdp. The president says he feels the 2 number is far too he lo low d feels it should be double. 2 is very low. It should be 4 . 2 is very low. Some are well short of that. But they were shorter the year before, the year before, the year before. Theyre short all these years. Reporter even though its just 5 00 a. M. Back on the east coast, it was around this time yesterday when President Trumps comments on china sent the markets directly into the red. The president suggested that a trade deal with china might have to wait a full year. The china trade deal is dependent on one thing, do i want to make it. You dont really have a deadline . I have no deadline, no. In some ways, i think its better to wait until after the election, you want to know the truth. I think in some ways its better to wait until after the election with china. Reporter the president also met yesterday with Frances Emmanuel macron and vowed the u. S. Would go dollar for dollar on tariffs with france should france go forward with a Digital Services tax that is targeting american tech companies. A live look right now at the family photo taking place here, it will be a busy da day for the president , one that is expected to culminate with a press conference here. That would go with the press conferences he held yesterday, totaling 120 minutes. Lauren interesting to start this hour, getting the pictures of the World Leaders at the welcome ceremony for the nato summit day two today. Cheryl sticking with trade, these are great ceremonial things coming out of london. He will be meeting with german chancellor merkel, a one on one meeting. He will also meet with the Prime Minister of denmark and Prime Minister of italy. The question was whether he was going to meet with president erdogan of turkey. That is not on the official schedule. He is expected to head back to washington later today. The 70th anniversary thats why its important to watch these pictures and enjoy the pomp and circumstance. 70 years, the 70th anniversary of nato. This is a very important picture as we look at the class picture and representatives from all of the countries which is probably the most Important Alliance we have. Lauren 70 years ago nato was focused on the cold war and preventing the soviet yo power m expanding in europe. There are different concerns right now, as they discuss military spending and defense spending levels. Trade may be a topic of discussion today a Nato Alliance versus china as china expands militarily and different regions of the world with their investments. Cheryl the biggest piece of news we got out of this besides comments about china from the president yesterday which you saw on fbn a. M. 24 hours ago a, later on in the day the president had a contentious meeting with Emmanuel Macron of france and the two taking public barbs at each other. The meeting began nice enough but then the comments president macron had made, calling nato brain dead, President Trump took offense to that. The issues of isis will come up once again today i in the sessin and the lunch that happens after the ceremony goes on, syria, turkeys flirtations i guess the best way to say it with the russians and the digital tax with from the Business Network perspective is important to us because the french digital tax, we talked about it yesterday, they want to go after American Technology companies and the president was clear yesterday. Heed said if anyone is going to tax Technology Companies in the United States, its going to be the United States. Lauren President Trump very much trying and working to protect american jobs, manufacturing. He will have a News Conference this morning during varney and co. , 1030 eastern time. When he made comments about china, it moved markets yesterday. Today we have a very different day, we have markets sharply higher today. What i found interesting yesterday is President Trump very critical in the past of nato, was a surprise ally of the alliance yesterday after those macron comments, saying it was brain dead. President trump said no, look at the money the Member States are now raising, of course not enough, but hes doing a lot to change things and you can see some movement here, the welcome photo, the welcome ceremony, the class picture if you will of the World Leaders gathering, some shaking hands and they seem the to be leaving stage, stage right, right now. Theres President Trump. Cheryl we should also add, we brought this up a couple times, and you brought it up again about the digital tax with the foreign. The biggest question today, this was mentioned a moment ago, when theyre going to sit down what the president s going to do when he participates in the working lunch, hes only going to meet with the nato two percenters. Thats a critical issue of nato, the financing. The president has been very clear. President trump, the campaigning President Trump, donald trump, the candidate, was very clear when he was running for president of the United States that he was very frustrated with the amount of money that the United States was putting in. Each of the countries in the Draft Agreement of nato is supposed to put in 2 of their gdp, their annual gdp, into nato and a many countries, including we just saw Angela Merkel on the stage and the ceremony is wrapping up, guys, but these countries have to put in germany isnt going to be doing it until 2030. Im curious to see how the one on one session between trump and merkel goes today. Well find out on fox business later today. Lauren lets stick with trade. The usmca trade deal, the u. S. , mexico, canada trade pact may not be signed into law this year. Mexicos president opposes a plan by democratic lawmakers to have u. S. Inspectors confirm factories in his country actually complying with new labor laws. Hes opposed to inspections if you will. He wants Mexicos Senate to approve any changes. Usmca was signed in 2018 but it needs approval by congress, plus canadian lawmakers, the impeachment inquiry into President Trump and the 2020 election could prevent usmca from being passed next year. Cheryl a major shakeup at google to tell you about. The two men who founded the company, chief executive larry page and the president are stepping down. Googles chief executive are going to lead the parent company, alphabet, after it was restructured and the that was four years ago, believe it or not. The shakeup makes pushi Silicon Valley one of the most powerful. We should mention here, google shares up 24 so far this year. Not bad. Lauren investors liked this move yesterday. Senator Kamala Harris officially calling it quits in the 2020 president ial race. The former democratic frontrunner blamed a lack of funding. Cheryl weve got todd piro joining us live as another president ial hopeful blames media bias for low polling numbers. Were you surprised by harris exit yesterday . Reporter not really surprised if you saw how the numbers were going. It comes down to the money. Its not too much of a shock. She said shes very much in the fight against President Trump but like i said, she just doesnt have the cash. My campaign for president simply does not have the Financial Resources to continue. Im not a billionaire. I cant fund my own campaign. Reporter her former 2010foes all friendly on twitter. Joe biden tweeting Kamala Harris is a talent with unlimited potential, her career has been defined by taking on those who abuse power. Her intellect and insight will continue to be needed by the Democratic Party and the country. That echos similar tweets by Elizabeth Warren and bernie sanders. These comments took a different direction. Take a listen. The way the media treated senator harris in this campaign has been Something Else and held her to a different standard, a double standard, has been grossly unfair and unfor unfort. Reporter as for the next debate, were down to six at this point. One name not on the list, michael bloomberg. Harris l lamented the fact she didnt have the money to continue, thats not the case for the former mayor who spent a whopping 57 million on tv ads since his Campaign Began on november 24th. Thats barely a week ago. Back to you. Cheryl Elizabeth Warren asking that question, can money buy a campaign. So far that he question is still unanswered. Todd, thank you very much. Lauren lets stick with the race for the white house, more than 300 ads from President Trumps Reelection Campaign have been taken down from youtube and google. A report by 60 minutes revealed they were taken down this summer for violating company policy. But its unclear exactly how they did. The ads were up for a few days before being removed. Conservative groups have gone after both youtube and google. They claim the website had unfairly suppressed many of their videos. Cheryl here are headlines making news this morning. President trump announcing that he has selected camp david to serve as the location of the next g7 during a bilateral meeting with Justin Trudeau he made the announcement. This comes after his if first fs resort in miami, was largely criticized. United airlines is replacing the aging fleet of boeing 757 with 50 new long range airbus jets. This comes as the boeing jets are set to retire in the coming years. There is uncertainty looming over boeings proposed midsize aircraft which was put on hold as it focuses on returning the troubled 737 max to the skies. United airlines chief commercial officer did state they have not ruled out buying boeings proposed midsize t jet some point in the future. Stanford university is reporting the mastermind behind the College Admissions scandal tried to recruit seven athletic coaches at the university over a ten year period. He was only able to recruit one coach at the university who provided endorsements in exchange for money. Over 50 people have been arrested in connection with the investigation. And starbucks is coming out with yet another new holiday inspired beverage. The irish cream cold brew, oh, yes lauren that sounds really good. Cheryl its made with irish cream flavored syrup, with cold brew coffee, topped with whipped cream and sprinkled with cocoa powder. I wish i had this on set to present to you as we send it to commercial break. Lauren ive got more sweet news for you. Take a look at your money this morning, major rally on our hands, despite the tough talk, heated rhetoric coming from china and the u. S. , you have the dow up 128 points, s p up 13, nasdaq up 47. Bloomberg reporting that a possible trade deal could be closer than we think. Will it be enough to save the santa claus rally . And baby yoda merchandise as we look at President Trump theres baby yoda, there it is. It wont make it under the Christmas Tree this year. There is a Silver Lining to this story and well have it when we return on fbn a. M. I just called to say i love you. Ouch. I dont even want to think about it. Comcast business has a solution. We go beyond fast with a cloudbased Security System that automatically updates, so you always have the latest protection. Phishing. Malware. Risky sites. It can help block all of that. Its one less thing for us to worry about. Comcast business securityedge automatically protects all the devices on your network. Call 18005016000 today. As a principal i can tell you this. When one student gets left behind, we all get left behind. This is a problem that affects each and every one of us. 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I think its that combination thats working for American Workers and its working for the American Economy and as we go forward with negotiations, whether it be with france, whether it be with japan or ongoing negotiations with china, the American People can be kv dente that this confident that this president is going to continue to be willing to use access to the economy and use tariffs to put American Workers and jobs first. Lauren mike pence speaking at the white house yesterday as President Trump meets with eu leaders at the nato summit. Trumps comments that a trade deal with china may not be reached this year sent stocks tumbling but our next guest agrees saying there wont be a trade agreement until after the 2020 election. Lets bring in doug flynn. The Vice President made a point, that the president is able to use the strong u. S. Economy as leverage in negotiations with china and bloomberg is reporting some hope this morning that there could be a deal and it might be a rollback on some of those tariffs. Yeah, i think that this is part of the game. Whenever the market seems to hit alltime highs, trump seems to throw some things, that freeness, forinstance, i dont o a deal until after the election. They dont know if they have to deal with this guy for another four years or not, so hes turning the table on them. He seems to talk like that when the market hits highs. Then it settles off again. Lauren its leverage. These surprise comments and surprise moves that move the market each and every time, do you think we get the tariffs, 160 billion of chinese imports, affects iphones, key items that should be under the Christmas Tree, do the tariffs kick in on december 15th . I dont think they do. I think this was built in, the market anticipated there would be a deal and got ahead of themselves. This gives them an opportunity to walk it back an look like a nice guy if he wants to and talks tough when he needs to. Lauren the argument from the white house, whatever item youre buying for christmas is already here in the United States. Still the news, december 15th tariffs, the headline write s itself. The markets Pay Attention to the headline of the u. S. China trade deal. They pay too much attention to it. I was hoping for more of a dip here. Lauren its just not happening. The bloomberg report moving the markets to the upside. Do we get a santa claus rally, do you think . Last december the dow was down almost 9 . Theres a lot of history that says that we will get a santa claus rally. A couple things is