Hong kong. Good morning. Welcome to early start. Im Phil Mattingly in for dave briggs. Im christine romans. It is 4 00 a. M. In the east. Lets start with the president. President trump admitting during the 2016 president ial race his son don junior met to get information on an opponent. On sunday, the president called the Trump Tower Meeting totally legal and done in politics all the time. Adding i did not know about it. You may know that tweet contradicting the earlier statements. The president acknowledging for the first time the purpose of the meeting was to gather dirt on Hillary Clinton and not to discuss russian adoption. As for it being totally legal . It addresses that the president is now concerned over don junior may have legal exposure in the Robert Mueller probe. That is according to sources
close to the white house. Cnn reported that Michael Cohen may have knew about the meeting despite his denials. Lets get more from boris sanchez. Reporter christine and phil, it has been
Get a jump on the days news with Christine Romans and Dave Briggs. Sources tell cnn he is concerned that his son don junior may be caught up in the mueller investigation. The white house ready to put sanctions back on iran. That countrys leader is set to speak out as the deadline approaches. Breaking overnight. A second meeting between north korea us kim jongun and President Trump could take place some time later this year. We have reports from tehran and hong kong. Good morning. Welcome to early start. Im Christine Romans. Nice to see you. Im phil mattingly. She is putting up with me all week. It is monday, august 6th. 5 00 a. M. In the east. President trump admitting during the 2016 president ial race his son don junior met to get information on an opponent. On sunday, the president called the Trump Tower Meeting totally legal and done in politics all the time. Adding i did not know about it. That tweet directly contradicting the earlier statements. The president acknowledging for
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fighter-fi fighter-style deceitful drama and intimidation. china plans to impose tariffs if the u.s. follows through with $200 billion of chinese goods. trade tensions worry investors. president trump defended tariffs over the weekend. saying they are working farber than anyone anticipated. by hurting beijing and bringing china to the negotiating table. he would continue to negotiate with tariffs. really important to note here and a lot of money folks were discussing this over the weekend. foreign countries do not pay tariffs. u.s. companies importing the products do. it is u.s. companies who pay the tariffs. not the chinese government. a slight disconnect with how
in intimidation. on friday, china vowed $60 billion of tariffs on u.s. goods. many related to agriculture. china plans to impose those tariffs if the u.s. follows through with the tariffs threats on $200 billion in chinese goods. it worry iies investors. president trump depended the tariffs. he says they are working farber than anyone anticipated. by hurting the economy and bringing beijing to the negotiating table. trump is not providing details on how they are working better, but he will continue to work with other countries or have them pay us vast sums of money. foreign countries do not pay tariffs. u.s. companies pay tariffs exporting. the national debt which is $21 trillion and counting. he says tariffs would help cut the national debt. you have been a business reporter like i have been.