they haven t been testing, and i think kim jong-un is playing his hand extremely well. he s starting out this negotiation by saying, i ve made a concession. i ve done an incredible thing. i have stopped testing of my weapons because i don t need to anymore by the way, and i m not going to use this test site anymore, a test site that we think during the last test began to collapse and probably might not have been functional in the future anyway, certainly unsafe. and china didn t much like it because it was up near its border and it was worried about the radiation coming over its border. so i think kim jong-un is playing this extremely well. he s going to look like he has the high road. he wants the president to come to his summit. he got the response he wanted. great news. i m looking forward. no comments from the president. well, maybe i ll go, but maybe it won t be worth it. i m going forward. and as far as the iran deal is concerned, if the president pulls out of the iran deal, he
future anyway, certainly unsafe. and china didn t much like it because it was up near its border and it was worried about the radiation coming over its border. so i think kim jong-un is playing this extremely well. he s going to look like he has the high road. he wants the president to come to his summit. he got the response he wanted. great news. i m looking forward. no comments from the president. well, maybe i ll go, but maybe it won t be worth it. i m going forward. and as far as the iran deal is concerned, if the president pulls out of the iran deal, he will say the u.s. isn t a reliable partner. he will break the transatlantic relationship and europe will be trying to keep the deal alive with russia and china. and coming back to north korea itself, indeed as you pointed out, the verification and monitoring is crucial. there is nothing more extensive than what exists in the iran deal. that s the template, what you need in north korea, and i don t believe at the end of the day that
war, we still plan to negotiate. and then steve mnuchin said into c cnbc. tariffs will take some period of time. there will be public comments. so while we re in the period before the tariffs go on, we ll continue to have discussions. but there is the potential of a trade war. and let me just be clear, it is not a trade war, the president wants reciprocal trade. reporter: voicing the market s worst fear that the trade war is actually possibe. he also avoided questions on whether the two sides were in negotiations, something the markets had been banking on and china didn t help matters either saying that it will not hesitate to fight back at any cost. in the end the dow closed down more than 500 points, nasdaq and s&p 500 also down more than 2%. the fear down here on wall street is that the weekend will bring more uncertainty and more confusion. claire sebastien, cnn money, at
imposes tyranny on its people. for example, they just banned online sales of the bible this week. their censorship online is legendary, but the censorship extends also to this country amazingly enough and nobody ever mentions it. american movies for example, there altered to avoid offending the chinese government which can block the release. american employees at marriott was fired recently after he liked a tweet that referred to referred to tibet as a separate country. china didn t like that, so marriott can him. mercedes-benz apologized to the chinese government for featuring the dalai lama in an ad. the chinese government doesn t like the dalai lama and that s what universities around the world are increasingly wary of inviting him to speak. to remind you, china is a fascist country. you think of the global pariah, blue states would block traveled to china like they would to north carolina? of course they don t do that.
for example, they just banned online sales of the bible this week. their censorship online is legendary, but the censorship extends also to this country amazingly enough and nobody ever mentions it. american movies for example, there altered to avoid offending the chinese government which can block the release. american employees at marriott was fired recently after he liked a tweet that referred to referred to tibet as a separate country. china didn t like that, so marriott can him. mercedes-benz apologized to the chinese government for featuring the dalai lama in an ad. the chinese government doesn t like the dalai lama and that s what universities around the world are increasingly wary of inviting him to speak. to remind you, china is a fascist country. you think of the global pariah, blue states would block traveled to china like they would to north carolina? of course they don t do that.