tv Fast Money Halftime Report CNBC April 22, 2016 12:00pm-1:01pm EDT
controversial remarks about osama bin laden, and then embrace the person who is more on his side of the argument with the eu issue, and a flipping of democrats and labor when you are look at the transatlantic relationship. >> yes, i want to point out to people who know the uk and europe well know that the left and the right is not as align aed as they would be. the united states is much more to the right than is europe, and therefore they are actually probably match. >> right. except for feeling the bern. >> i don't know how bernie plays in london. >> dean, to what defwree is cameron weakened going into this based on what is happening in the last couple of weeks relative to the panama papers? >> well, that is not really my field of the expertise. i think that, you know, certainly globally those papers have had a big effect, but i would not want to comment directly on how it played out in
b inbry tain. >> how about guys like me, i'm in favor of the panama papers and any time you can keep people out of the coffers, the best way is to drive the tax rates down. >> and now, welcome president obama on the fifth visit to the united king tornlgs and barack obama has been president for more than seven years and i have been prime minister for six years, and the two countries have been working together through some of the most difficult and troubled global times. we face the aftermath of the banking crisis, the need to revive growth and create jobs in the e kconomies, and new threat to the security from russia in the east to the rise of islamist t terror in the south, and huge global chals like ebola and climate change, and through it all the strong and essential partnership between our nations has never been more important. when 70 years ago last month winston churchill first
described the special relationship it was not merely an enduring expression of friendship, but a way of working together. it is about two nation, kindred spirits sharing the same values and so often the same approaches to the many issues that we face. and just as for the predecessors that is true for barack obama and me, whether we are delivering national security, emerging challenges, and today, we are discussing all of the three ip clugd economic security. and the economic security is challenged, but britain and the united states in the e economic news, we were the most fastest growing and we know how important the trade deals are in driving the growth, and barack and i are working hard to push
forward adding billions to our economy and setting standards for the rest of the world to follow. on national security with the partners in tu, we have used the economic muscle to avoid the calamity of an iranian nuclear weapon. and we are used sanctions gai against russia and ukraine, and secured the first legally bound agreement for global change being signed to dday by over 10 governments today at the united nations. and we have used our military and diplomacy to help areas of the world. in east africa we have turned around the prospects of somalia and thanks to the eu proposition of that effort, those waters are not a safe haven for pirates on the waters. and we have helped to have the people in the region to prevent an outbreak of ebola, and
france, guinea and southern nations, and so there are so much more work needed there. is no doubt that the situation if libya is immensely challenging, but we have a government of national accord with whom we can work, and while in syria and iraq, we are continuing the coalition efforts to defeat and degrade daesh. more than 25,000 daesh fighters have now been killed. over 600 in the last month alone, and with the total number of daesh fighters now estimated to be at the lowest for about two years. the iraqi security forces are steadily pushing daesh out of its territory, and this week almost entirely clearing them out of the town, and our kurdish friends have nearly been cut off of mosul and cut off the isis
road. and we have maintained our borders in the uk and we will continue to do so and we know that the challenge it poses to the friends and allies and to the continent of europe. this is the sort of the challenge that can only be tackled effectively through the international cooperation, and nato is helping to reduce the number of migrants in the eastern mediterranean, and barack and i have discussed how nato can contribute to the central efforts in the mediterranean, too. and we need to the break the business model of the smugglers and together with the libyan partners and the government, we will look to see if there is more to do to strengthen the libyan coast guard. we will discuss this further when barack and i meet with the leaders of germany in hanover monday, and this is an opportunity to show how working together collectively we can better protect ourselves from the threats that we face. we also covered a number of new and emerging challenges where it is more important than ever to
work together with the international partners to identify problems and deal with them rapidly, and just as we have done with ebola, we need the same international cooperation of dealing with zika virus and on the challenge of anti-microbial resistance, and cyber security and tackling corruption. britain is holding an tie corruption summit here which secretary can kerry will at the end, and barack, and i have talked about today some of the thing tas we will achieve. one of the biggest problems is that if you are a country that wa wants to take action against terrorism, you have the go around the country to globally ask for help so we want a more global agency to help people work right across different jurisdiction, and when we get e international agreement here, both britain and america will contribute to set it up. all of the work we have done together, and at the same time, i think th i think that we have gotten to know each other very well. i am honored to have barack as a
friend and he has taught me the rules of basketball, and beaten me at tennis, and i remember the barbeque at 10 downing street to on for the people who serve our countries here and together in the united always found barack someone with sage advice and man with a very good heart and been a very good friend and will always be a good friend i know to the united kingdom. and let me finish by saying this, in all of the areas that we have discussed today, our collective power and reach is amplified by britain's membership of the european union and let me be clear when it comes to the special relationship between the two countries, and there is no greater enthusiast than me, and i am proud to have had the opportunity to be prime minister and stand outside of the white house listening to this man, my friend barack, saying that the special relationship between our two countries have never been
stro stronger, but i have never felt constrained in any way of strengthening the relationship by the fact that we are in the european union and in fact, quite the reverse. we deliver for all of our people through the international groups that we are a part of. and enhance our security through the membership of nato, and further our prosperity through the g 7 and the g 20 and like those organizations, britain's membership of the eu gives us a powerful tool to deliver on the prosperity and the security that our people need and to stand up for the values that our countries share. and now, i think that it is a time to say true to the values and stick together with our friends and allies in europe and around the world. thank you very much. barack. >> thank you, david. as always, it is wonderful to be here in london and meet with my good friend david cameron. i confess that i have also come back to wish her majesty, the queen a happy birthday and earlier today michelle and i had
the honor to join her majesty and his royal highness the duke of ed din binboro as the guests windsor castle to convey the good wishes of the american people. i have to say that i have never been driven bay duke of edinboro before and i can report that it was very smooth riding. as for the majesty, the queen has been a source of inspiration for me and like so many people around the world. she is truly one of my favorite people. should we be fortunate enough to reach 90, may we be as vibrant as she is. she is an astonishing person, and a real jewel to the world and not just to the united kingdom. the alliance between the united states and the united kingdom is
one of the oldest and the strongest that the world has ever known. when the u.s. and the uk stand together, we make our kcountrie more secure and make our people more prosperous and we make the world safer, and better. that is why one of the first overseas visit as president was to london. at a time of global crisis. the one thing that i knew as green as i was as a new president was that it was absolutely vital that the united states and the united kingdom working together in an international forum tackle the challenges together, and leverage our relationship to have an impact on other countries. i met with david on that visit,
and he was not yet prime minister, but just as our nations share a special relationship, david and i have shared an extraordinary partnership. he has prove n to be a great friend and one of my closest and most trusted partners. over the six years or so that the our terms have overlapped, we have met or spoken more time than i can count, because we share our country's beers with each other and he vouches for his and i vouch for mine. and taken in a basketball game in america, and david i think that you should recall that we were partners in that ping-pong game, and we lost to some schoolchildren [ laughter ] i can't remember whether they were 8 or 10, but they were decidedly shorter than we were. and they whooped us. sm samantha and michelle, our better halves have become good
friends as well, and it is the depth and the breadth of that special relationship that has helped us to tackle some of the most daunting challenges of the world. and around the world, we have helped stop the outbreak of ebola and stopping iran from obtaining a nuclear weapon and protecting a climate in paris to help protect our planet for future generation, and today on earth day, our governments along with 170 others are in new york to sign that agreement. the u.s. is committed to formally joining it this year which should help it take effect years earlier than anybody expected. we also discuss ed ted the fully of challenges to the shared security. we remain resolute in our efforts to prevent terrorist attacks against the people, and to continue the progress ta we have e made in rolling back and ultimately defeating isil, and the forces as david said are
removing the top leaders and safe havens from the battlefield. we have to keep working to improve security and information sharing across europe and to stem the flow of fighters into and out of syria. and we have been work ting to increase the prospects for stability. in libya going forward, we have the opportunity to support a new government and help the libyans to rout out extremist elements n. syria, as challenging as it is, it is still where we need to sew see more progress of the enduring cease-fire, and we are pushing for more humanitarian access for the people who need it most. we have to continue to invest in nato to meet the overseas commitments from afghanistan to the agian. and we have to resolve the conflict of the ukraine and reassure those concerned about russian aggression.
all nato allies should aim for the target of spending 2% of the gdp on defense, and something that david has made sure happens here in the uk to meet that standard. we discuss ed new actions that e can take to address the refugee crisis including with the nato allies, and because a strong defense relies on more than just military spending, but on helping to unleash the potential of others to lead freer and more prosperous lives i want to thank the people of the united kingdom as those of the generosity of the world's foremost donors of humanitarian aid. we have talked about promoting jobs through the transatlantic free trade investment, and the young people can achieve greater prosperity, and yes, the prime minister and i discuss ed the upcoming referendum here on whether the uk should remain part of the european union. let me be clear, this is something that ultimately the british voters have to decide for themselves, but as part of the special relationship, part
of being friends is to be honest. and to let you know what i think. and speaking honestly, the outcome of the decision is matter of deep interest to the united states, because it affects our prospects as well. the united states wants a strong united kingdom as a partner, and the united kingdom is at the best to lead a strong europe. it leverages uk power to be part of the european union. as i wrote in the op-ed here today, i don't believe that the eu moderates british influence in the world, but it magnifies it. the eu has helped to spread the british values and practices across the continent, and the single market brings extraordinary economic benefits
to the united kingdom, and that ends up being good for america, because we are more prosperous when one of our best friends and closest allies has a strong and stable and growing economy. americans want britain's influence to grow. including within europe. the fact is that in today's world, no nation is immune to the challenges that david and i just discussed and in today's world, solving them requires collective action. all of us cherish the sovereignty, and my country is pretty vocal about that, but the u.s. also recognizes that we strengthen the security through our nebshmembership in nato, ano through organizations like g7 and g20 and the uk strengthening their strength and prosperity through the eu. in the 20th century, the nations that make their presence felt on the world stage are not the nations that go it alone, but
those who team up to aggregate their power and multiply the influen influence. precisely because britain's values and institutions are so strong and sound, we want to make sure that influence is heard. and it is felt that it influences other countries to think about critical issues. we have confidence that when the uk is involved in a problem, that they are going to the el h help solve it in the right way. that is why the united states cares about this. you know, for centuries europe was marked by war and by violence. the architecture that our two countries helped to build with the eu has provided the foundation for decades of relative peace and prosperity on that continent.
what a are remarkable legacy, and a legacy borne in part of what happened right here in this building. before we walked out i saw enigma on display, and that is a remind er of the incredible innovation and collaboration of the allies in world war ii and the fact that neither of us could have won that alone. in the same way, after world war ii we built out the international institutions that, yes, occasionally constrained us. but we willingly allowed the constraints, because we understood that by doing so we were able to institutionalize an internationalize the basic rules of law and freedom and democracy
that would benefit our citizens as well as people around the world. now, i think that there is a british poet who once said that no man is an island, and even an island as beautiful as this. we are stronger together, and if we continue to tackle our challenges together, then future generations will look back on ours just as we look back on the previous generation of english and american citizens who worked so hard to make this world safer and more secure and more prosperous, and they are going to say that we did our part. that is important. it is important not just here, but it is important in the united states as well. thanks. >> thank you very much. all right.
we have some questions, and we will start with the questions from the british press, and chris ship from itv. >> thank you very much, prime minister. chris ship from the itv news. mr. president, you, yourself, acknowledge the controversial timing of your comments on the eu referendum and the spirited debate that we are having here, and i think that you are right in the weeks before your arrival here lead campaigners are saying that you are acting hypocritically and america would not accept the loss of sovereignty that we have to accept as part of the eu and america would not accept the levels of immigration from mexico that we have to accept, and from the eu, and therefore in various degrees of politeness they have said to you that you should really keep your views to yourself. and with that in mind, mr. president, do you still believe it is the right decision to intervene in this debate, and ki ask you this, what crucially
happens if the uk does decide in u june to leave the european un n union. >> first of all, let me rerepeat this is a decision for the people of the united kingdom the make. i am not coming here to fix any votes, and i am not casting a vote myself. i am offering an opinion. and in democracies, everybody should want more information and not less, and you should not be afraid to hear an argument being ma made. that is not a threat. that shouldn hance the debate. particularly because my understanding is that some of the folks on the other side have been askrcribing to the united states certain actions that we will take if the uk does leave the eu, and so they say for example that, well, we will cut
our own trade deals with the united states, and so they are voicing an opinion about what the united states is going to do, and i figured that you might want to hear rit from the president of the united states what i think that the united states is going to do. and so on that matter for example, i think it is fair to say that maybe at some point down the line there is a uk/u.s. trade agreement, but it is not going to happen any time soon, because our focus is in negotiating with a big bloc of the european union to get a trade agreement done, and uk is in the back of the queue and not because we don't have a special relationship, but because given the heavy lift on any trade agreement, us having access to a big market with a lot of countries rather than trying to do piecemeal trade agreements is huge ly inefficient.
now, the subject at hand, obviously, the united states is in a different hemisphere, different circumstance, and has a different sets of relationships with the neighbors than the uk does, but i can tell you this if right now i have got access to a massive market where i sell 44% of my exports, and now i'm thinking of leaving the organization that gives me access to that market and that is responsible for millions of jobs in my country, and responsible for an enormous amount of commerce and upon which a lot of businesses depend, that is not something that i'd probably do.
what i am trying to describe is a broader principle which is in our own ways, and i mean we don't have a common market in the americas, but in all sorts of ways the united states constrains itself in order to bind everyone under a common set of norms and rules that makes everybody more prosperous. that is what we built after world war ii. the united states and the uk designed a set of institutions whether it was the united nations or the britain wood structure, the imf, the world bank, nato -- across the board,
and now that is to some degree constrained our freedom to operate. it meant that occasionally we had to deal with some bureaucracy, and it meant that the ogication that we had to persuade the other countries, and we don't get 100% what we want in each case, but we knew that by doing so, everybody would be beter off, partly because the norms and the rules in place were reflective of what we believe. if there were more free markets around the world and an orderly financial system we knew that we could operate in that environment. if we had collective defense treatise through nato, we understood that we could formalize an architecture to
deter aggression rather than us having piecemealed or put together alliances to defeat aggression after it started. that principle is what ist a stake, and this is the last point until i get the next question i suspect is that as david said this magnifies the power of the uk. it does not diminish it. on just about every issue, what happens in europe is going to have an impact here. and what happens in europe is going to have an impact in the united states. we just discussed for example the ref ugee and migration criss and i have told my team which is sitting right here, and they will vouch for me, that we considered it a major national security issue that you have uncontrolled migration into
europe, not because these folks are coming into the united states, but because if it destabilizes europe, our largest trading bloc, trading partner, it is bad for our economy. if you start to see divisions in europe, that is going to weaken nato. that is going to have an impact on our collective security. now, if in fact i want somebody who is smart and commonsensed and tough and thinking as i do in the conversations about how migration is going to be handled, somebody who also has a sense of compassion and recognizes that immigration can enhance when done properly, the assets of the country, and not just diminish them, well, i want
david cameron in on the conversation, and just as i want him in on the conversation when we are having discussions about information sharing and counter terrorism activity, and because precisely i have a confidence in the uk and i know that if we are not working effectively with paris or brussels, then those attacks are going the migrate to the united states and to london. i want one of my strongest partners in the conversation and so it is going to enhance the special relationship and not diminish it. >> chris, one point in response to that. i mean, this is our choice. nobody else's. the sovereign choice of the british people. but as we make that choice, it is surely going to make sense to what our friends think, and listen to their opinion and their views and that is what barack as been talk about today,
but it is also worth reremembering as we make this choice, it is a british choice about the british membership of the european union, and we renot asked to make choice about whether we support the german style of membership or the italian style of membership, and britain has a special status in the european union where we are in the single market and not part of the single currency, and we are able to travel and live and work in other european k countries, but we have maintained the borders because we are not on the border issue, and on this issue of trade where barack has made such a clear statement, we should remember why we are currently negotiating this big trade deal in the whole world between the european union and the united states, and it is because britain played absolutely a leading part pushing for those talks to get going, and we announced em in the g 8 in northern ireland when britain was in the chair of that
organization and we set the agenda for what could be a game-changing deal for trades and jobs and investments because we are part of the organization, and i want to add those important points, and we have a u.s. question now. >> if you don't mind, on the brexit and the european union nexus point, do you expect the nations to militarily support including the possibility of ground troops in libya to keep that situation from restraining further europe, and while talking about future summits and talk about whether you want to go visit heiroshima in japan. >> oh, come on, man. >> and the president has come here to tell the uk and as a friend and speaking honestly that they should speak honestly
in the eu, and what they should do about donald trump, thanks. >> well, you can take that. >> that is so predictable. >> that is -- >> well, yes. >> you pick up that one and i will pick up the last one. >> i would not describe the european unity as in a crisis, but i would say it is under strain. some of that has to do with the aftermath of the financial crisis and the strains that we are all aware of in respect to the eurozone, and it is important as david points out the uk is not part of the eurozone, and so the blow-back to the british economy has been different than it is on the continent. we have seen some divisions and
difficulties of the southern and northern parts of europe to create some strengths, and the migration crisis amplifies a debate that taking place not just in europe, but in the united states as well. at a time of globalization, at a time when a lot of the challe e challenges that we face are transnational as opposed to this focused on one country, there is a temptation to want to just pull up the drawbridge. either literally or figuratively, and we see it played out in some of the debates taking place in the u.s. presidential race. and in that debate i think that is ak sccelerated in europe.
but i am confident that the ties that bind europe together are ultimately much stronger than the forces ta are that are tryi pull them apart. europe has undergone an extraordinary stretch of prosperity. maybe unmatched in the history of the world. if you think of the 20th century and the 21st century, the and the 21st century europe looks a awful lot better, and the majority of the europeans recognize that. they see that unity and peace have delivered sustained economic growth, reduced conflict, reduced violence and enhanced the quality of life for people, and i'm confident that it can continue. but i do believe that it is
important to watch out for some of these faultlines that are developing, and in that sense i do believe that the brexit vote in terms of solely the uk and how is this helping me and helping the uk economy and creating jobs in the uk and that is the right way to think about it, and i do think that the vote will send a signal that is relevant about whether the kind of prosperity that we have built together is going to continue. or whether the forces of the division end up more prominent and why it is relevant to the united states and why i have had the temerity to weigh in on it,
and what were the other four questions? i have to figure that i u knokn out two through that answer. >> libya? >> with respect to libya, both david and i discussed our commitment to try to assist this nascent government. and it is a challenge, but there are people in this government of national accord that are genu e genuinely committed to building back up a state. that is something that we desperately want, because both the united states and united kingdom, and also a number of the other allies are more than prepared to invest in helping to create border security and driving out terrorists in libya and what could be a thriving
society and relatively small population and small resources, and this is not a nation where we should have to subsidize libya and they are much better positi positioned than other countries that we have been helping if they can just get their act together and we want to help to provide the technical assistance to get that done. there is no plans for ground troops in libya, and that is not necessary. i don't think that it would be welcomed by the new government. i would send the wrong signal. this is a matter of can the libyans come together. and what we can to is to provide them our expertise and provide them training, and provide them a road map for how they can get basic services to their citizens and build up legitimacy. but i do think that the one area where both david and i have both heavily committed is that the as this progresses, we can't wait if isil is starting to get a
foothold there. and so we are working not just with the libyan government, but a a lot of the international partners to make sure that we are getting the intelligence that we need and in some cases taking actions to prevent isil from having another stronghold from which to launch attacks against europe or the united states. i think that you to wait until i get to asia to start asking me asia questions. >> the question that you asked me, this not a general election, but referendum, and as barack has explained, it is a e referendum that affects the people of the united kingdom deeply, but it does affect others in the european union and affe affects the partners like america or canada or australia and new zealand and i look around the world, it is hard to
find so far i have not found one, but a country that wishes britain well that thinks that we ought the leave the european union. i think that's again, it is our choice, and we will make the decision, and we will listen to all of the arguments and the people want the facts and the arguments and the consequences, and i will try to lay those out as prime minister as clearly as i can, but listening to our friends and the countries that wish us well is part of the process and it is a good thing to do. as for the american elections, i have made some comments in rekre recent weeks and months, and now is not the time to add to them or subtract from them, but i think that just as a prime minister who has been through two general e lek shubs leading my party, you are looking on at the u.s. elections in awe off oe scale of the process and the length of the process, and i am marvel at anybody who is left standing at the end of it. >> fortunately, we are term limited.
so, i, too, can look in awe at the process. >> we have another british question from laurel from the bbc. >> thank you, mr. president, and you have made your views plain on the fact that britain should stay in the eu but in the interest of the good friends being honest are you saying that the decades' old special relationship that is so old that has been through so much would be fundamentally damaged and changed by our exit, and if the so, how? and are you, also, do you have any sympathy with the people who think that it is none of your business, and prime minister, to you if i may, some of your colleagues believe it is utterly wrong for you to have dragged our closest ally into the eu campaign, and what do you say to them, and is it appropriate for the mayor of london to have the
kenyan ancestry that is with president obama. >> well, those questions for boris are for boris and not me. i don't have any special power over the president of the united states. you know, barack feels strongly about this and said what he said. and as i said, it is our decision as a sovereign people. the choice about europe which is right to consider the advice of your friends and just to amplify one of the points that barack made, and you know, we have a shared interest of making sure that europe takes a robust approach to russian aggression, and if you take the issues of the sanctions that we have put in place through the european union, i think that i can put my hand over my heart and say that britain played a really important role and continues to play an important role in making
sure that the sanctions were put in place and kept in place and i'm not sure if it would have happen happened if we weren't there, and now if it is in our interests, and it is in our interests for europe to be strong against aggression, how can it be in our interest not to be at that table and potentially to see those sanctions not take pla place. it is that working between britain and the united states over this issue that has helped to make a big difference. i would say about the special relationship to me, and i'm passionate about it, because i believe it e deeply for all of the reasons of the history and the language and the culture and also about the future of the country, and the truth is this, the stronger bre tain is, and the stronger america is, the stronger that relationship will be. i want britain to be as strong as possible. and we draw our strength are from all sorts of things as a country, fifth largest economy in the world, andm maizing armed forces and amazing security and intelligence services and how
well they work together, an incredibly talented people and brilliant universities and the fact that yes members of the g 7 and the g 20 and the commonwealth and the fact that we project strength and project value and project our people, and make our country wealthier and our people wealthier by being in the european union, and so i want britain to be as strong as possible, and the stronger britain is, the stronger the special relationship is and the more we can get done together to make sure that we have a world that promotes democracy and peace and human rights and the development that we want to see across the world, and so to me, it is simple, a stronger britain and stronger special relationship is in our interest, and in the interest of the united states of america as well. >> well, let me start with winston churchill. >> i don't know if people are
aware of this but in the residence of the second floor, my office, my private office is called the treaty room. and right outside of the door of the treaty room so that i see it everyday including on weekends when i am going into the office to watch a basketball game, the primary image that i see is a bust of winston churchill. it is there vol untarily, becaue i can do anything on the second floor [ laughter ] i love winston churchill. i loved the guy. now, when i was elected as president of the united states, my predecessor had kept achhill
bu -- kept a churchill bust on a table in the oval office, and there are only so p many places that you can put busts, otherwise it is cluttered, and there is as most people here in the american king dom might agree that as the first african-american president to have a bust of martin luther king in my office to remind me of all of the hard work of a lot of people who would somehow allow me to have the privilege of holding this office. that is just on winston churchill. i think that people should know that. know my thinking there. with respect to the special relationship, i have a staff member who will not be named, because it might embarrass her a
little bit who generally on foreign trips does not leave the hotel or the staff room because she is constantly doing work making this happen. she has had one request the entire time that i have been president. and that is could she accompany me to windsor on the off chance that she might get a peek at her majesty, the queen. and gracious as she is, her majesty actually had this personal long with a couple of others lined up so that as we merged from lunch they could say hello. and this staff person who is as tough as they come almost fainted, and which was, am flad ta she didn't, because it would
have caused an incident. -- i am glad that she didn't, because it would have caused an incident. that is the special relationship. we are so bound together that nothing is going to impact the emotional and cultural and intellectual affinities between our two countries. so i don't come here suggesting in any way that that is impacted by a decision that the people of the united kingdom may make around whether or not they are members of the european union. that is there. that is solid and that is going to continue hopefully eternally. and the cooperation through fay toe and g 7 and g 20 are going to continue, but as david said, if one of our best friends is in
an organization that enhances their influence and enhances their power and enhances their economy, then i want them to stay in it or at least tell them, you know, i think that this makes you guys bigger players, and this helps your economy and helps to create jobs. so ultimately it is your decision, but precisely because we are bound at the hip. i want you to know that. before you make your decision. margaret brenner. >> thank you very much, sir. mr. president, vladimire putin has not stopped assad as he has led you to believe he would and the cease-fire appears to be falling apart, and will you continue to bat on what is a losing strategy?
mr. prime minister, the uk today warn warned the citizens traveling to north carolina and mississippi about laws there that affect transgendered individuals. as a friend, what do you think of the laws? mr. president, would you like to weigh in on that, and sir, if you would indulge us, indulge all of us back in the u.s., sir, prince passed away. and you were a fan and you had invited him to perform at the white house, and can you tell us what made you a fan. >> i am trying to figure out which order to do this. maybe i will start with north carolina and mississippi. i want everybody here in the united kingdom the know that people of north carolina and mississippi are wonderful people, and they are hospitable people and beautiful states, and you are welcomed and you should come and enjoy yourselves.
and i think that you will be treated with extraordinary hospitality. i also think that the laws that have been passed there are wrong. and should be overturn and they are in response to politics and in part, and in part some strong emotions that are generated by people, a nd some of them are good people that i disagree with when it comes to respecting the equal rights of all people regardless of the sexual orientation, whether they are transgendered or gay or lesbian, and although i respect their different viewpoints, i think it is very important for us not to send signals that anybody is treated differently. and i think it is fair to say
that we are not unique among countries where particularly under a federal system in which power is dispersed that there are localities or places that will put forth of a national consensus. but if you come to north carolina or mississippi, everybody will be treated well. second question with respect to sear yashgs i'm deeply concerned about the hostilities framed and whether it's sustainable. now keep in mind that i have always been skeptical about mr. putin's actions and motives inside of syria. he is along with iran the preeminent backer of a murderous regime that i do not believe can regain legitimacy. within his country. he's murdered a lot of people.
having said that, what i also believe is that we cannot end the crisis in syria without political negotiations and without getting all the parties around the table to craft a transition plan. there will be some people on one side of the table who i deeply disagree with and whose actions i deeply abhor. that's how oftentimes you resolve conflicts like this that are taken enormous toll on the syrian people. the us is sags -- suck we've se reduction in violence inside that country.
that gave relief to people. i talked to putin on monday precisely to reinforce to him the importance of us trying to maintain the susation of hostilities, asking him to put more pressure on assad indicating to him that we would continue to try to get the moderate opposition to stay at the negotiating table in geneva. but this is always been hard. it's going to keep being hard. we'll continue to prosecute war against isil. we're going to continue to support those would are prepared to fight isil. we're going to continue to target them. we're going to continue to make progress. but we're not going to solve the overall problem unless we can get this political track moving. i assure you that we have looked
at all options. none of them are great. and so we are going to play this option out if, in fact, the sucation falls apart, we'll try to put it together as we continue to go after isil. it is in my -- it's my belief that ultimately russia will recognize that just as this can't be solved by a military victory on the part of those we support, russia may be able to keep the lid on alongside iran for a while. but if you don't have a legitimate government there, they will be hurt as well. and that is not -- that's not speculation on my part. i think the evidence all points in that direction. and finally, with respect to
prince, i loved prince because he put out great music. he was a great performer. i didn't know him well. he came to perform at the white house last year and was extraordinary. and creative and original and full of energy. and so it's a remarkable loss and i'm saying at winfieldhouse, the u.s. ambassador's residence, our ambassador has a turn table so this morning we played "purple rain" and "delirious" just to get warmed brup we left the house for important meetings like this. >> great music. the ambassador has a lot of brilliant talent. let me just answer, i've been to
north carolina many years ago and enjoyed it. i've not yet made it to mississippi. one day i hope. to the guidance that we put out, the foreign office, gives advice on travel and it obviously deals with laws and situations as they are. and it tries to give that advice passionate and impartially. it's very important they do so. it is something that a lot of attention is given. to our view on any of these things is that we believe we should be trying to use law to end discrimination rather than to imbed it or enhance it. that is something where they're saying to countries and friends anywhere in the world. but obviously, the laws people pass is a matter for their own legislatures. we make our views by trying to end discrimination and we made important steps forward in our own country on that front. with that -- >> thank you very much. >> thank you very much sh everybody.
>> the president and the british prime minister wrapping up that news conference there. a good portion of which was spent dealing with that looming vote in june on the pending leaving of the eu by britain. and the president largely defending his intervention as some have called it into that debate. the president saying the issue is one that voters have to decide for themselves. the outcome is a matter, as he says, "of deep doern the united states -- "of deep concern to the united states." our reporter listening to all of it. your reaction? >> one comment i thought was interesting and viewed by some in the uk as a veiled threat from the president of the united states. the president saying if the uk moves forward with this effort to leave the eu that the uk negotiating trade deals on its own would go to the back of the cue. that is the eu trade negotiation was take priority for the united states. that may be an indication of how
the united states would view a post eu-uk. it may play badly among some of those in the uk who support that effort to leave the eu as they've been very resentful so far of the president weighing in on this debate. also interesting here, david cameron was offered an opportunity to weigh in on u.s. politics and donald trump in particular. he said he's not going to add or subtract to his previous comments on donald trump. he has been critical of donald trump's proposed ban on muslims coming to the united states saying that would not be a helpful thing. so cameron not taking the opportunity there. but with a wink and a nod, referring reporters back to the earlier comments. >> it's a rare and somewhat risky move some are saying today for the president to sort of weigh into this debate. he pendz the op-ed in the telegraph we have here followed by the mayor of london boris johnson with a pretty stern rebuttal to it. >> yeah, boris johnson generating a lot of controversy over there, referring to
president obama's ancestry and saying that somehow taints his view of the uk and of britain and sort of a colonial way. that was something that cameron was offered the opportunity to respond to. he said, no. questions for boris johnson are questions for boris johnson. he simply wasn't going to touch. that a wide-ranging press conference here. you can start to see president obama here shifting into legacy mode, thinking about the years of his presidency referring to the first visit to europe and on through the seven years now so far and thinking about the end game here of the obama presidency. >> lastly, they went out of their was did both gentlemen did to underscore the special relationship as they've called it. it is at time, though, a complicated relationship. there is another article out today in which the president gave an interview to "the atlantic" in the april issue. both men touching on the issues that still remain in libya. and on the issue of the
complicated relationship, the president somewhat criticized mr. cameron in that. he says when i go back and i ask myself what went wrong, there is room for criticism because i had more faith in the europeans. heminister david cameron soon stopped paying attention becoming concerned with other things. >> they seem to be at pains to paper over any differences between the president and david cameron. cameron referring to him as barack with the british accent. another comment that i think will get attention in the eu from the president today is his comment that he sees relations in europe between the european countries as strained in european unity as strained. that is something that i think will get picked up a lot. it may be self-evident but something people will pay attention to. >> chuck todd was talking about that as well. flagging it just as you have. thank you so much. live for us in washington, d.c. i do have our panel here and it will be a short time.
but josh brown, your reaction to the looming reactions? >> i guess i tend to look at it the way he does which is this will be a lot of fury but probably not a lot of signal and nothing will end up happening. >> all right. thank you for your patience here v a good weekend. we'll see you on the other side. "power lunch" takes it now. will angry investors break up the big banks? it might happen. we'll tell you why. and also why tech is a bit of a wreck today. welcome, everybody. we're gathered leer today to celebrate this thing called life. there is a lot to do today. let's start with trouble in tech land, melissa. >> a lot of pain in tech. the sector is negative for the year. take a look at the losses behind me. microsoft and alphabet shares deep in the red. both reporting after the bell yesterday. both cny