White house correspondent Jacqui Heinrich is at camp david tonight. Good evening, jacqui. Good evening, bret. The leaders convened to show, give a show of force, rather, against threats from north korea and also from china. They announced a new Joint Commitment to consult with each other in times of crisis, increase their military exercises, jointly in the region. Step up intelligence sharing, and also a new plan to convene annually at a new summit. The leaders did Call Out North Korea by name. But they were careful not to oreillyrile china. Make clear this is not the beginning of a new formal alliance. The president s domestic problems loomed in the background, too. Get some lunch . President biden dodged the press for a full week after david weiss, the u. S. Attorney investigating his son, was elevated to special counsel. And today he ended up taking his first question about it shoulder to shoulder with two major u. S. Allies. I have no comment on any investigations going on thats up
a stark difference from antony blinken. she s back at her hotel and followed a dinner with the chinese central bank. this is the most busy day that the secretary had in beijing today which culminated with china s new vice-premier. it was supposed to last for three hours and went more than five hours. in the opening remarks, the secretary pointed to a record number of bilateral trade for the reason for not decoupling and added this. i also believe that the united states and china should seek a relationship of healthy economic competition that is not winner take all, but with a fair set of rules would benefit both. and the trade deficit heavily favors china. the readout from the secretary says that she raised concerns and it was a candid, constructed and comprehensive meeting. the new vice-premier took appointed approach in the beginning of the meeting and even mentioning quotes some airships happened causing difficulty in the relationship. authorized by president xi jinp
and this is a good moment for joe biden. and it s long overdue. there has been historical animosity between japan and korea that dates back centuries. this isn t going to fix it in a day. my hat is off to the president for getting them together. it s an important moment. bret: yeah. you look at the u.s.-china trade deficit, byron, and it s pretty stark. $382.9 billion in just stunning numbers. i talked to the former trade rep on special report, bob lighthouser about this. you would keep the tariffs on. but you also would you talk to u.s. companies about getting out of china? for sure i would. we have already started that. we started i would say strategic decoupling. i m not saying no trade. i just want balanced trade. stop the bleeding. stop shifting the money. bret: donald trump is a candidate talked about china a lot. something tells me it s going to come up a lot this agreement
seemed to be wrong so far. bob, just fishing for any good news for the president on the economic front. i did find or at least in the polling that people dislike his economic policies less. he did have 65% against specifically his economic policies. that s improved a little bit. now only, only 60% of people. so, is there any progress he s making on this biden-omics thing? no, but he s got to make some this summer, as charlie was saying. there are some good indicators inflation is going down, the stock market is not bad right now. unemployment is low, however, the mood of the country is sour and unless joe biden turns that around in the next i d say six months, i think he s going to have a tough time winning a second term. this biden-omics could be a punch line or a good complain slogan. we won t know for another year or so. david: where is it coming from inside the white house. who is behind the messaging as far as biden-omics is
there. people there s so much money sloshing around in the economy because of all they spent post covid, during covid and post-covid you have sticky inflation. the only way to get that, if you don t like do free market sort of maneuvers is essentially to slow down the economy and that s the only tool that the fed has right now. david: we ve got to leave it at that. charlie, bob, good to see you both. are you tired of paying for baggage fees? one airline is offering to rent clothes to passengers so all they have to do is take a toothbrush. and americans are sizing down, the big business of tiny homes after the break. lflex grid draws away heat, relieves pressure, and instantly adapts. sleep better, live purple. save up to $800 off