Complaint. Florida senator rick scott joins me to discuss the Senate Impeachment trial to begin this week as articles being sent. A lot more right now as we look ahead on sunday morning futures. Maria begin in the middle east this morning. The Trump Administration is ratcheting up sanctions against iran after tehran targets american troops with missiles. Protesters are now rising up in the streets of iran, against the ayatollah, after iran admits mistakenly downing the ukrainian airliner. Meanwhile in asia voters in taiwan reelect the incumbent president supporting her tough stance against mainland china. We look ahead to this weeks signing ceremony for the phase one of the u. S. China trade deal. All of this coming amid a record stock market performance. More signs of job growth in america. Joining me exclusively this morning is treasury secretary Steve Mnuchin. Mr. Secretary, good to see you this morning. Thanks very much for being here. Thank you, maria. Great to be with you. Maria incredible pictures across the world of protesters, people taking to the streets, wanting freedom, wanting democracy. Lets start in iran where we did see the protesters this weekend. The u. S. Targeted irans billion dollar Metals Industry and senior regime officials. Tell us about the latest round of sanctions against iran . Maria, let me start first expressing our condolences in the families involved in the crash. It is a terrible, tragic situation. The additional sanctions that we put on this week, the additional executive order that the president authorized gave us additional capabilities to target both primary and secondary sanctions in different sectors. Including the Metals Industry, construction, travel amongst others. The economy there already weakened quite a bit. You talked about this with secretary pompeo friday. Here is secretary pompeo with me last week on this program talking about the state of the iranian economy today. Watch. We crippled their economy. They have never been in this position, maria, iran has never been in a place where they have been challenged not only economically but diplomatically, but a Global Coalition in may of last year put out a united statement bense iran. Were executing this strategy with great vigor and it will protect and defend the American People. Maria is there anything left or anyone left to sanction . How much farther can you go, and what do you need to see from the Iranian Regime to take these sanctions away . With the new executive order we have very, very strong authorities across all Industries Including in this executive authority, it gave both myself and secretary pompeo the authority to target additional sectors as needed. And maria, this is all really about cutting off money, oil sales, other revenue that would be funding their terrorist activities and their Nuclear Weapons development. So we continue to allow for humanitarian transactions with iran. Im pleased to say that ofac expedited all the waivers as i said they would relates to the Airline Crash investigation. We dont want to target people of iran. We want to cut off revenue that are going for bad acts. Yet, there is a Real Partnership developing and deepening between iran and china. Actually i should say, iran, china and russia. Stay with iran and china for a moment. As you know, the expectations are that 50 to 70 of irans oil exports are flowing to china. Why does china allowed to go around these sanctions and do business with iran 70 of their oil and gas going to china . Well, maria, let me say, weve got cut off 95 of the oil revenues. So there is a very small amount of oil revenues. Youre right, a component of that big component of that is china. I sat down with chinese officials. They flew in the delegation to meet with us in the state department to talk about this. They cut off all of the state companies from buying oil. Were working closely with them to make sure they cease all Additional Oil actives. Maria so you are pursuing trying to get china to cease all activities because, theyre obviously giving iran the money and iran is using the money to support terrorism. If 70 of their oil and gas is going to china . It is 70 , maria, but let me say, 70 of a very, very small number. Maria okay. China is subject to sanctions like everybody else. We actually sanctioned some of their shipping companies that were involved in the oil and we will continue to pursue sanctions activities against china and anybody else around the world that continues to do business with them. Maria so what about france . You know france is doing business iran as well. What about nato countries including france that seem to be continuing their relationship with iran even as the u. S. Pleads with them not to, promising sanctions . Are we going to see secondary sanctions. Europeans are adhering to our primary sanctions. As we roll out additional sectors they will be cutting back activities in those sectors, but europeans are complying with our primary sanctions because they would be subject to secondary sanctions and they understand that. And even in the case of instcs we warned them they may be depending how they set it up, they would most likely be subject to secondary sanctions as well. Let me emphasize, humanitarian transactions are available. Were setting up a swiss channel to handle that. This is not about attack people of iran, but as the president said making sure iran stops their terrorist activities and making sure they never have Nuclear Weapons. Maria let me move on to china, you are planning a big event this wednesday, the signing ceremony for the phase one deal between us and china. Is this same deal you told us about at the end of last year . It is. And let me say ambassador lighthizer has led a very, very large team across all the different agencies. Almost every single one of our agencies were involved in this. This is historic transaction. This is not everything. As we said there will be a phase two. This is the first time we had a comprehensive agreement with china on technology issues, agricultural issues, financial services, purchases. It has a real enforcement mechanism. So this is a big win for the president. Maria last time we spoke about this, looking at this deal at the end of last year, we were expecting that there would be a snapback provision in there where if china does not keep its promises, if they lie as they have for so many times to so many different parties that the u. S. Would be able to snap back tariffs and in place, is that still in it. Or has that been changed through translation . No. That is still in it, maria. There is a real enforcement provision. If they dont comply with the agreement, the president retains the authority to put on tariffs, both existing tariffs and additional tariffs. Maria what about the agricultural buying because that is another question . There are concerns this morning as you know, secretary, the language has been changed in translation. Why wasnt the English Version released to the public so we can understand specifically what is in the deal were 48 hours from signing . People want to see the English Version. Was it changed in translation . Maria it was not changed in translation. I dont know where that rumor started. Weve been going through a translation process i think we said was really a technical issue. The language will be released this week. So i think it is, the day of the signing, well be releasing the English Version. People can see. Its a very, very extensive agreement. Maria so you expect the chinese to buy 40 to 50 billion of Agricultural Products from the United States then . I do. Let me just say. It is 200 billion of additional products across the board over the next two years. Specifically, in agriculture 40 to 50 billion. So this is a big opportunity for our farmers. Some people question whether they produce it. President said they will buy more land, produce plenty of agriculture. Maria on intellectual property issues youve been talking a lot about protecting ip for American Companies and innovators. Is it true the chinese recently adopted militia cybersecurity rules that negate any opportunity for the u. S. To protect its intellectual property. No, maria, that is not true. There are very important intellectual property rules in here that we expect them to adhere to. There are Cyber Concerns that we do have. So let me just be clear. Cyber will be part of phase two. But we have Incorporated Provisions in phase one that we think are important protections for u. S. Companies. So we have made very clear, there can be no forced Technology Transfer and that china is putting outlaws to protect both u. S. Technology and other technology. Maria so all of your plans are coming together . Youve got the signing ceremony on wednesday. Youve got usmca likely going to pass the senate. When would you expect that . I know it is going through the Senate Committees now. We expect it to pass quickly. We hope that this little sideshow that is going to show up at the senate doesnt delay it but we look forward to the Senate Acting quickly. And let me just say the president s Economic Program is really coming together. As we talked about maria, from day one, tax cuts, regulatory relief and it is trade. The president delivered on all three. You saw the stock market break 29,000 for the first time last week. Maria that was pretty incredible actually. Looking at the backdrop of the market that is driving the story. More jobs, with jobs numbers coming out although it is slowing down from a numbers we saw a year ago. What would be your expectation of Economic Growth in jobs in 2020 . Maria, i wouldnt focus on any one week. We created more jobs under President Trump than ever created before. That is something we continue to focus on. We look forward to a healthy economy in 2020. Now let me just say there is no question that the boeing, the boeing situation is going to slow down the gdp numbers. Boeing is one of the largest exporters. With the 737 max, i think that could impact gdp as much as 50 basis points this year. We, we look forward to very healthy growth in 2020. Maria and, the trade story is one leg of the three legs in terms of deregulation, tax legislation and the trade changes that you are making and the administration has led here. Would you expect things to pick up in 2021 then . What is your expectation of Economic Growth . I think for this year, weve been looking at 2 1 2, 3 as i said. May be closer to 2 1 2 because of the adjustment of the boeing numbers. This would have been 3 otherwise. I think there is no question that usmca, and the china deal are going to add significantly to growth. Maria secretary you have a big week with the China Signing and these incredible Growth Numbers with the stock market reacting. Great to talk with you this morning. Thanks so much. Thank you, maria. Maria secretary Steve Mnuchin joining me. House leader Kevin Mccarthy joins me next. Follow us on sunday futures and instagram sunday futures. Tell us what you like to hear from this incredible line up of guests on sunday morning futures. Everything your trip needs for everyone you love. Expedia. Maria welcome back. Congress grappling with the fall out of killing of iranian general qassem soleimani. The house passed a resolution that reaffirmed the 1973 war powers act. That seeks to limit the president from taking further military action. Many republicans say this could actually weaken americas position in the middle east. Joining me House Minority leader Kevin Mccarthy. Always a pleasure. Thanks so much for being with me. Thank you. Maria lets go through the war powers act. The house obviously on friday voted, can you tell us a little bit this and where this is going . Well this resolution we passed is going nowhere because its way they passed it. Did a concurrent resolution. You have to understand this, maria, a concurrent resolution is only used for soapbox derby or giving a medal we did to jack nicklaus. This is nonbinding. This will not go to the president t will not change the war powers act. What the democrats have done, think about what the President Trump has done, it is his natural instinct to always put America First and keep us safe. The democrats instinct is to blame America First. Instead of having a resolution on the florida condemning iran for shooting down a civilian aircraft. We have resolution on the floor this week, standing with those individuals who seek freedom in iran . I dont believe we will because these democrats will do anything to defame the president over defending this nation. Maria eight democrats oppose this resolution. Six in the swing districts. Won by donald trump. Talk about that. I know you talked before in the past about those swing districts really watching and pressuring nancy pelosi to not go forward with the impeachment. We know the articles are going to the senate this upcoming week. Well, last year it would take 19 new seats to win the majority. This year only takes 18 because a democrat, Jeff Van Drew switched party over impeachment in the way nancy pelosi has been treating. He is republican now. Where his positions are. There are 30 democrats who sit in seats that President Trump carried. We only need 18 to win the majority. Theyre seeing tide continuing to shift as nancy pelosi, speaker of the house, continues to stand with the socialist wing of the Democratic Party, instead of standing where america wants to see us. Maria so what happens this week . You have got vote on the house managers for peach petrial. This impeachment trial, which i assume will begin this upcoming week could go for several weeks. Tell us how you see it playing out . Well, we first have to name the managers and vote on it. Remember where the democrats said this was so urgent they had to move this before end of the year. Now nancy pelosi has been holding the papers . Sometimes well vote after their caucus would be wednesday or thursday. I find it very difficult for the senate to even start impeachment this week and what happens with impeachment is, the senators have to be in their desks. They cannot have a phone. They cannot talk to one another. They stay in their desks. With the clinton impeachment it lasted five weeks this is the dirty little secret is talking about, why the secret held these papers. Remember what happened in the last nomination process where the dnc chairman, Debbie Wasserman schultz had to resign the night before the Nomination Convention started because they had found out they had cheated senator Bernie Sanders from the opportunity to become the nominee. They are doing the exact same thing right now. Iowa caucus is on february 3rd. Bernie sanders is in first place. What this does is, this benefits joe biden. This harms senator sanders who is in first place and could become their nominee, because he will be stuck in the chair, because nancy pelosi held the papers different than what she said to the American Public why she had to move so urgently. Maria you think it is by design that nancy pelosi is sending the articles now, slow walking, really slowwalking the impeach trial to have the senators in the room . That is collusion . That is obstruction, keeping Bernie Sanders at bay, clearing the decks for joe biden, is that what youre saying . That is exactly what im saying. Remember what the Democratic Party did this time. They removed superdelegates from the first round of voting because what they had done to senator powers. Now they dont have the power had he got to the convention farely. What power does the speaker have. Remember when she first started impeachment i sent her a letter about process. Could we have a fair process, laying out 10 questions, exact same process for bill clinton, richard nixon. She ignored that. Didnt care about process. She now hypocrisy in the senate where she has no power . She told the American Public it was urgent. She had to move so fast. The only reason she is doing this, no one is talking about, it is harming the Bernie Sanders, senator who is coming into first place who could win iowa and propel them self the nominee. Exact same thing they did to him four years ago. Maria that is unbelievable, actually. That is breaking news, congressman. Thanks for joining us this morning. Well see you soon. Kevin mccarthy. Up next my interview with owls outspoken former white house strategist steve bannon. Why he says the president should delay the state of the union immediately. More ahead on sunday morning futures with steve bannon. Own insulin. Own insulin. And trulicity activates my body to release it like its supposed to. Trulicity is for people with type 2 diabetes. Its not insulin. I take it once a week. It starts acting in my body from the first dose. Trulicity isnt for people with type 1 diabetes or diabetic ketoacidosis. Dont take trulicity if youre allergic to it, you or your family have medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2. Stop t