This week . Im Julie Banderas. The Trump Administration saying the ship was in violation of international sanctions. The move coming hours after pyongyang tested two Ballistic Missiles and 10 minutes later the u. S. Conducted a test on its own. Bill both sides are digging in. President trump nobody street happy about it. Were taking a look and well see. I dont think theyre ready to negotiate. We havent changed our posture. The president led us to believe that kim was going to hold back from a further development of missiles and thats not the case. So the danger on the Korean Peninsula continues. Im disappointed. I hope we can work something out. We wont work something out by being weak. Stop the talks . No, i would much rather talk than shoot missiles at each other, duh. How has it changed . Alarming information on a couple of north korean fronts. Lets start with that seized ship called the wise honest, the second biggest cargo ship in the north korean fleet. The first nabbed by the u. S. It was caught in the act last year about to do a ship to ship transfer, 25,000 tons of coal work 3 million off the indonesian coast in violation of u. N. Sanctions. It has been docked in jakarta for the past year. The department of justice has done their work and being brought to american somoa. Kim jongun is being treated like a drug lord with property being seized. The missile fired by north korea is the first time these models have been tested and they according to the experts are very dangerous. Solid fuel so they can easily be ready and mobile and dodge both the u. S. Antimissile sis emotions on the peninsula and they can be tipped with a nuclear weapon. They can hit anything in south korea one minute to seoul, five minutes to the southern port city. 50 million south koreaance and soldiers and civilians. People are saying it doesnt go against a verbal commitment not to test longrange missiles but it does violate u. S. And u. N. Bans on the development of any kind of Ballistic Missile and one expert quoted by reuters today says it all, bill, about these missiles. These will start the war. Bill thank you, greg palkot from london. Follow it. Three minutes past the hour. President trump i happen to think that tariffs for our country are very powerful. Were the piggy bank that everybody steals from including china. China rebuilt their country because of us. I dont blame them, i blame our past leadership for allowing this to happen. Julie one day later and it is official. Were slapping china with a 25 tariff hike overnight. High level talks will resume later this hour as the two largest economies in the world try to reach an agreement today. China threatening to retaliate. The president said he is fed up with chinas behavior. Kevin corke joins us this morning live from the north lawn. Bill 9 30 set to resume talks and lets get right to it. The president has been talking about this on twitter at length about a half dozen tweets on the topic. Well start out with a few to give you a sense of how he is discussing this online. He says talks with china continue in a very congenial manner. There is absolutely no need to rush as tariffs are now being paid to the United States by china of 25 on 250 billion worth of goods and products. These massive payments go directly to the treasury of the u. S. He continues. The process has begun to place additional tariffs at 25 on the remaining 325 billion dollars. The u. S. Only sells china 100 billion of goods and products. A big imbalance with the over 100 billion in tariffs we take in well by ag products from our farmers in larger amounts and ship it the poor and starving countries in the form of humanitarian assistance. He ends by saying in the meantime well continue to negotiate with china in hopes that they do not again try to redo deal. Because chinese sector affected by the latest tariff increase. Internet modems, routers and Data Transmission devices followed by the 12 billion worth of Circuit Boards used in u. S. Made products. China regrets it will have to take necessary counter measures. The 11th round of economic and trade consultations is underway and hoped that the u. S. And chinese side will Work Together and Work Together to resolve existing problems through cooperation and consultation. We expect to see the president at 4 15 for an event with the first lady. In the meantime the trade talks should get underway a block from here as we get more i promise to pass it along. For now back to you. Julie thank you so much, kevin corke. The f. B. I. Doesnt spy to begin with. The f. B. I. Investigates. You said it is not spying. Why did attorney general barr use the word spying and the president used it as well . I cant explain it. The only explanation i can think of he used it because the president uses it. Bill james comey said a lot last night dismissing allegations the f. B. I. Spied on the trump team. The interview coming as the i. G. Is looking into what happened in the mueller matter. Based what you heard from him last night. What do you think of what james comey said there . We know spying took place. They went and got a warrant from the fisa court, the dossier was an Opposition Research document from the Clinton Campaign and they didnt tell the court about the facts about the dossier. Who paid for it. The Clinton Campaign. Steele was desperate to stop trump. We know they did it that way. Last week, a week ago New York Times has the report they planted someone posing as someone else to go after George Papadopoulos to set him up. If that is not spying, i dont know what is. Bill i dont know if he was asked about whether or not he knew the dnc was paying for the dossier. I do know that Anderson Cooper said how much work did the f. B. I. Do to verify the dossier and comey said there were a lot of spokes off that. We didnt know what was true or false but trying to figure out what to make of it. So then what do you make of that . Andy mccabe told us when we deposed him but for the dossier they wouldnt have gotten the warrant. The idea that they used it. Jim comeys own words, salacious and unverified. Thats the director of the f. B. I. s words who has been fired said it was salacious and unverified when they took it to a secret court to get a warrant to spy an carter page associated with the Trump Campaign. Bill here is more. Another question. Do you think the i. G. Will find nothing inappropriate . I dont think so. Not that i know of. What do you know . The last time the Inspector General did a report he said andy mccabe, Deputy Director of the f. B. I. Lied three times under oath. Well see what Michael Horowitz brings to us in the next four to six weeks i think well have that report and see what it says. He has done good work in the past and i expect good work in the future. Bill does your committee have the power to bring back james comey . Do democrats want to do that . They havent talked about that. Theyre trying to go after bill barr because they know he will get to the bottom of all this. I said it on wednesdays hearing. What he said when he testified in front of the senate. He said spying took place. He said there is a basis for his concern about the spying that happened. And then third and maybe most importantly or i guess maybe most frightening, he used two terms that scare me and should scare every american. Unauthorized surveillance and political surveillance. He will get to the bottom of that. I think democrats are nervous about that. They attack bill barr. They will hold him in contempt for following the law for goodness sake. Thats what they are foixed on. Whether they bring in comey or mueller or who. Bill does mueller appear next week or not . I dont think its set. They talked about next wednesday the 15th, but i dont think anything is set up. Bill there was not clear as of yesterday. Richard burr a republican senator from North Carolina wants don junior to testify. Listen to blum en thal a credit and the president after that. If he fails to answer, he ought to be put in jail. If he fails to comply with a lawful subpoena he has no privilege. Prison is the only answer. President trump frankly, for my son after being exonerated to now get a subpoena to go again and speak again after close to 20 hours of telling everybody that would listen about a nothing meeting . Yeah, im pretty surprised. Bill what do you think senator burr is going for at this point, sir . I dont know. I think it is ridiculous. Mr. Trump has come don junior testified for 25 hours. And now think about it. They are bringing him back based on the testimony of Michael Cohen who went to prison on monday for what . Lying to congress. We had him back two months ago in front of our committee he lied seven times. Bring donald trump back in to testify based on a guy in prison for lying to congress . I dont see it. Last week we had a chance. We sent a resolution to the floor last week, mark green put the resolution forward that said send the transcript of mr. Cohens testimony to the department of justice and guess what . The democrats voted it down. Now they bring don junior in after he testified for 25 hours . Bill senator blum en thal said he has no privilege. Prison is the only answer, jail time . I would encourage him not to come. You give 25 hours to congress and what else is there to ask in you are bringing me back because something Michael Cohen said on his way to prison . Come on. I think American People see through this. Bill senator burr is holding his ground. He had very little comment on this yesterday. Thank you for coming back today. A lot to cover. Thank you, sir, for being here. 12 minutes past the hour now. Julie fox news alert. Was a warning ignored . A parent warned Colorado School officials about another columbine months before the deadly shooting at a suburban denver high school. The latest, plus this. These guys will continue to get away with murder unless people stand up and fight back. Now well get republicans on the record saying extortionary Interest Rates are wrong. Bill will this actually help you . The money man Charles Payne will break it down coming up next here. Julie joe biden surging in New Hampshire. It shows biden pulling way ahead of Bernie Sanders in his very own backyard. Dr. Bill bennett joins us at 9 40 to discuss. Gonna be 50 times happier. I wouldve gone into aspen dental much sooner. It was a very life changing experience. And it felt like i was me again. Thats when i realized i hadnt been for three years. At aspen dental were all about yes. Like yes to flexible hours and payment options. 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The state Department Just announcing secretary pompeo will go to russia next week to meet with vladimir putin. They will be discussing a full range of bilateral and multilateral challenges. Pompeo will first meet monday with officials at the u. S. Embassy in moscow and head to sochi on tuesday for his meetings. This is not about tinkering at the edges to make substantive improvements to peoples lives. We need to go back and look at the core issues. A 15 cap on Interest Rates is one of those things that sounds radical today but we have these laws in half of the states in american until the 1970s and they worked. Bill here is the new idea. Ocasiocortez the congresswoman and Bernie Sanders have a proposal to cap the credit card Interest Rate at 15 . Charles payne here to talk about this. She is right about that used to a law, went to the Supreme Court it no longer became a law. Whats the idea . The problem when you start to cap these rates. You are making it harder for the people she suggests she wants to help. Again, you know, its great for everyone else but so the other part of their proposal. I think thats a nonstarter. But the other part of their proposal with the post office is very intriguing, very intriguing. This is a 33page white paper from the u. S. Postal service in 2014. I think anyone interested in this topic read it. When i was growing up we didnt have a bank account. We used to go to the post office for money orders. The problem for republicans with these sort of issues is if you believe government has to help the underserved and 25 of households are struggling, millions dont have bank accounts, they certainly cant afford 25 fees on credit cards, this is going to sound intriguing to them. Very intriguing to a lot of people. Bill the argument you are making was floated by chuck grassley. He said the following about affecting lower income people in america. It is going to have some very low income people that depend on credit cards not being able to get credit. We should not stop anybody from operating their private lives from the standpoint of whether they want to borrow or not borrow. Bill thats the case youre making. Theyre saying is the banks are preying on you the consumer. Theyre adjusting for risk. Remember the housing bubble . You dont get a housing bubble unless a lot of people buy a house they cant afford. A lot of people buy a house with no money down and then the money is chopped up and repackaged and flooding the financial system. So certainly you want to be careful about forcing this on either the consumer who cant afford it and the banks who dont want the risk. Bill does this go anywhere . This 15 thing wont. I suggest everyone look into the post office thing. You dont want the post office in competition with private industry but were talking about an area where the banks dont want to do business in the first place. Bill china here is the tweet. Many of many earlier today. Tariffs will bring in far more wealth to our country than a phenomenal deal and much easier and quick tore do. The farmers will do better, faster, starving nations can be helped. Waivers on some products will be granted or go to new source. They are meeting in 11 minutes. Prediction here . The dow is off 120 points. If wall street thought there wouldnt be a deal you could add a zero. Off maybe a thousand points. Wall street hoping some sort of deal will happen. I think the tariffs going effective at midnight make a deal more likely and gets china more in line. For folks who believe china will win or we shouldnt have gone down this path. I hope the president remains very strong and stays the course. This is a fight for the future. This is our last stand to get a Smart Trading relationship with china. Bill 80 some odd points. Futures open up. Thats phenomenal. Thats actually a positive sign. Bill thank you, charles. See you at 2 00. Whats next . Julie breaking news coming in now as the smollett case is back in the spotlight. In an hour from now a judge will consider whether a special prosecutor should investigate the state attorneys connection to the case and why she quietly dropped 16 felony charges against the actor. Details on that. Bill developments in the search for a missing 4yearold girl. The new evidence that police say they have now uncovered. Of credit card payments . Its time to get a personal loan from sofi. Borrow up to 100k, and pay us back with one monthly payment. And no fees. How far you travel is up to you. How comfortable you travel is up to us. Fly emirates. Fly better. How comfortable you travel is up to us. The latest inisnt just a store. Ty its a save more with a new kind of Wireless Network store. Its a look what your wifi can do now store. A get your questions answered by awesome experts store. Its a now theres one store that connects your life like never before store. 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