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Detailed text transcripts for TV channel - FOXNEWS - 20180705:19:37:00

Minus range to the b plus range. you re at a solid c, i think. good of you to join us. thank you. trace: before secretary of state mike pompeo arrives in pyongyang athletes from north and south korea playing friendly basketball games there. the dictator kim jong-un a fan of basketball. so far he has been a no-show. well, the u.s. will begin taxing chinese products minutes after midnight eastern time unless there s a last-minute trade deal. beijing threatening to retaliate immediately with its own taxes on american products including soy beans and suvs. bloomberg reports a u.s. car go ship is on its way to china as we speck with soy beans, heading up through the yellow sea. if it stays on schedule, the cargo should clear chinese customs right before the new tariffs take effect. if not all of the soy beans could be taxed at 25%.

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Detailed text transcripts for TV channel - FOXNEWS - 20180705:19:38:00

Hillary vaughn from the fox business network is here with more on that. 25% if you miss it by a couple of minutes. right, trace f china is correct and promising to punch back against president trump enforcing their own $34 billion in tariffs, this cargo ship will be too late. the office of u.s. trade representatives say they re hitting chinese goods 8 1/2 hours, one minute after midnight. china promises to fire back instantly with more tariffs, targeting 540 different products, ag products, soybean, meet products like beef, poultry. and they re saying corn and crude oil. i talked to a policy representative who represents corn farmers, they re getting hit trace as hardened u.s. ethanol shipments are at a standstill. if china sthandz guy its threat,

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