tv At This Hour With Kate Bolduan CNN May 10, 2019 8:00am-9:00am PDT
the united explorer card hooks me up. getting more for getting away. traveling lighter. getting settled. rewarded. learn more at theexplorercard.com. hello, everyone. thank you for joining me. i'm kate bolduan. while you were sleeping, the united states and china plunged deeper into a trade war. talks broke down, threats were made, and new tariffs set in just after midnight. now both sides are back at the negotiating table this morning. the new tariffs that just set in may more than double the levy on $200 billion worth of chinese goods coming to the united states.
and the president has been on a twitter tear about all of this already this morning. saying in one, there is absolutely no need to rush. in terms of the negotiations. tell that, though, to the american workers, consumers, and investors that are now left holding their breath at this very moment. christine romans is here in new york with that perspective. cnn's matt rivers is at a chinese port town with much more on that, but christine, first to you. what happened overnight? where exactly do things stand this morning? >> kate, it wasn't a bluff. president trump jacked up tariffs on thousands of goods, of dishwashers, frozen fish, baseball caps. right now, about half of everything the u.s. imports from china carries an import tax. so how we got here, look. three rounds of tariffs last year. first, the u.s. put tariffs on all foreign steel and aluminum, including from china. then in july, beijing was singled out again for tariffs on $50 billion worth of high-tech chinese exports.
china hit back with tariffs on $50 billion in u.s. goods, mainly ag products. that's been devastating to american soybean producers. the biggest round yet was in september, $200 billion in chinese goods. this included consumer goods like luggage and handbags and hats. beijing hit then $60 billion in u.s. exports in response. that $200 billion in september, that was originally taxed at 10%. today, it's 25%. remember, it's u.s. importers, not china, who pay those tariffs. experts warn that trump's tariffs could disrupt smaller american companies and overall economy. one analysis finds it could cost the u.s. the equivalent of 934,000 jobs and raising the cost of a family of four to $766 per year. and this is not over. president trump said he started the paperwork for 25% tariffs on another $325 billion in chinese imports, just about everything you would go to the store to buy, in the mall to buy. and on top of that, kate, he has
until may 18th to decide whether to impose global auto tariffs. if he declares car imports are a national security risk. >> so the pain is setting in, it can get worse. it will be worse. >> the president says and said today, look, if you don't want to pay a tariff, make it in america. >> let's talk about that right now. thanks. great to see you. i really appreciate it. let's go over to china. matt, as i said, matt is standing by with a reaction there. what are you hearing there, matt? >> well, kate, we're definitely going to see a retaliation from china. there is no doubt about that. the question is how soon is it going to come, and exactly what form it will arrive in. we're not exactly sure. china's government has not said as of yet, but we have some idea based on what we have seen china do in the past. this trade war has been going on for a long time now. so china could do a number of different things. it's already put tariffs on most american imports here. so there's well over $100 billion per year worth of goods that american companies send here to china. most of them are already being
tari tariffed, but what we can probably expect beijing to do is raise tariffs, just like the u.s. did to chinese products, we can expects china to do the same thing. there's more things they can do. they can make life hard for american companies here, make market access more difficult. let's say you're a pharmaceutical company from america looking to license a new product in china. maybe that's not so easy anymore. or they can do more informal things. a perishable good, if you're an agricultural exporter, you send it here, maybe the customs inspection at the docks that usually takes place in two days takes two weeks and your products go bad, you lose money. your buyers have to go elsewhere. make no mistake, china hasn't said exactly how they're going to do it yet but they're going to make life harder for american businesses. that's what happens in a trade war. >> that's exactly right. thank you so much. >> so of course, the question on everyone's mind is what happens now. cnn business anchor julia chatterley is on the floor of
the new york stock exchange for perspective there. what are you seeing there? >> kate, you know, the billion dollar question here, and you heard it there, is what happens next? i would argue that the optics here are pretty worrying. and investors are reflecting that and continue to do so. i think the hope is that after today, that the two sides can agree to keep talking, even if a trade deal of some sort can't be salvaged, at least in the short term. as both matt and christine were just saying, the stakes just got that higher. the tariffs on chinese goods ramped up and then the president tweeted he's in no hurry to agree to a deal. that kind of leaves us in limbo. what he's saying, as christine said, we're getting an extra $100 billion here thanks to these tariffs, it's u.s. customers. it's u.s. businesses that are paying it. investors know that, and the risk is that, of course, puts pressure on the u.s. market here, so we're all just watching and waiting here. the path forward is the key question because it's like that
r.e.m. song, everyone hurts here. it's going to come down to who hurts more. therefore, who is more able to drag this out to get what they want? >> that's exactly right, julia. cnn's reporting is u.s. officials don't see a deal coming together today. so then what? how do you see this playing out really? >> you know, in the end, it's going to, like i said, who hurts most here. the bottom line is china exports far more as a proportion of their economy than the u.s. does. and we know that china's economy is slowing, but the economy here in the united states is still going to feel it. stocks could still fall further due to the negative sentiment, and we know how much president trump watches both the data, the gdp data, the growth data here, and the markets very closely, and of course, you know y have to bring it back to politics. president trump has got an election to win in 2020. president xi in china doesn't. a lot of swing states in the united states export a lot of agriculture to china, too, so it's not just about the
economics. there's politics here in play, too. watch d.c. closely and watch what people say as they come out of this, and of course, china's retaliation. it's going to be a lively 24 hours or so, i think. >> and that brings up a really good point, who has the leverage today is not necessarily who's going to have the leverage tomorrow in these negotiations. sleblt point excellent point. >> from wall street to main street, businesses large and small woke up to a new reality this morning. the price of importing many goods from china just got more expensive. what does that and this stalemate we're looking at between trump and the chinese premier mean for them? let me read you one headline that grabbed our attention. in "the washington post," i employ hundreds of american workers. i would hire more if not for trump's tariffs. joining me right now is the man who wrote that, arnold camler, a ceo of the new jersey based kent international, one of the largest makers of bicycles in the country. thank you for beer here. >> thank you. >> your family, you have been in
this business, your family has been in this business since 1907, is what you wrote. >> that's correct. >> you also wrote that your company is facing the greatest challenge, as great a challenge as you have ever faced in all of that time with trump's tariffs this trade war. why is that? >> you know, the business is a tough enough cycle dealing in a very competitive landscape. whenever there's a price increase that we have for whether it's currency or now these tariffs, there's always a time gap between when we receive these price increases and when we can pass them on to customers. that means a pretty big hit for us. the other thing that happened last year was as people were rushing to get goods in before the tariffs, everyone did it, including our competitors, and freight rates skyrocketed. >> even the threats, the whiplash and threats in policy, that has even cost you. >> a small company like us, it
cost us more than $1.5 million in additional freight costs. >> that wasn't even today. that was already. >> last fall. >> with this increase from 10% tariff to a 25% tariff, just this latest round, if you will, do you know how much this could cost you? >> it's -- we have not made a hard calculation because actually we thought talks were going really, really well as of a week ago, it seemed we were close to a deal, and suddenly, we have a crisis. but we know what the strategy is going to be, and we're, as you mentioned in your opening, we are paying these. when the goods come into the united states, before we get them, we have to pay the ocean freight, and we have to pay the import duty to u.s. customs. now there's not just the import duty. we pay import duty, approximately 11% on all bicycles. now we're paying as of yesterday, 21%, as of today, we need to pay 36%. >> is there any way you can avoid passing that on to
customers. >> only if i wish to go bankrupt really quickly. no, there's no way to absorb that. we have to pass it on. >> the president, as i said earlier in the show, has been on a tear on twitter talking about elements of all of this today. in one tweet in particular stuck out to me ahead of our conversation. build your products in the united states. and there are no tariffs. can you do that? >> well, we would love to. you know, we built bicycles in the united states from 1979 to 1991, and there was an american bicycle industry where about 75% of the component parts could be purchased here. there was a dumping action filed against china that was found not guilty although europe and canada found huge dumping duties. that was somewhat political, i guess. and that certainly was the time for an action, but there is no industry, and we want to. we have even met with certain branches of the u.s. government and asked for a temporary relief
from import duties where we could then start to make all these parts by ourselves, but they have kind of laughed at our business right now as an assembler that is not a real factory. i mean, so tell the -- >> again, you can't do it. you can't do it in this moment. >> no, not right now. >> you agree that china is a problem, though, right? >> china has been cheating for years and years and things have to change. >> if not tariffs, what then? if tariffs aren't the answer, then what then? do you have a prescription? >> well, i'm not a politician. i don't have a prescription, but -- >> that raises an important thing. you're not a politician, but this country is so divided right now, everyone sees every criticism through a political lens. is this politics for you? >> there's no politics for me, no. this is the jobs of 200 kent employees. and bicycles are very price sensitive. if our prices will need to go up, they already went up about 8% last year.
they probably have to go up another 8% to 12% if this thing goes through. and when bicycle prices go up, sales go down. and so i will try my very best if this thing does stick not to have any layoffs, but i can't make any promises like that. >> that's a terrifying proposition. that must be very tough. >> very difficult. we're a family business and we treat our workers like family. >> you had written already what was going on felt like a punch in the gut to you. you woke to see the tariffs. >> about 2:00 in the morning i woke up and checked and saw. i was shocked. i thought a deal would be worked out, but hey, we have to figure it out. >> what's your message, if the president would listen? what would your message be to him today? >> slow it down. he said that there's no rush. well, why impose the higher tariff, continue to have the discussions. china needs to make a deal. we need to make a deal. this isn't good for the united states, not good for china.
the public threats which now were carried through, there's no need. just talk and talk. chinese are tough negotiators. president xi is president for life. it's a tough battle for president trump, but be patient. >> arnold, it's really important to hear your perspective and your honest and candid take on this and what it means for you as a business and for your employees. i really appreciate you coming on. we'll continue this discussion. i fear this doesn't conclude anytime soon. >> i hope it does. >> coming up for us, house speaker nancy pelosi said the president is goading democrats into impeachment. does that make democrats more or less likely to go down that road? a member of the house judiciary committee joins me next. plus, he co-founded facebook and now he's calling for that very company to be broken up. why is he speaking out now? chris hughes joins me live. stay with us. this is loma linda,
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love lost between president trump and former fbi director james comey. he wrote a whole book about it, actually, but listen to what comey said in a cnn town hall last night about the president who fired him two years ago. >> do you think he had criminal intent based on what you have seen now in the mueller report? >> it sure looks like he did in connection with a couple episodes, the direction to don mcgahn to get the special counsel fired is to my mind a flaming example. >> of corrupt intent. >> yes, of corrupt intent. >> there are now up to 800 former federal prosecutors who have worked ipboth republican and democratic administrations who have signed a statement saying that mueller's findings would have produced obstruction charges against president trump if he weren't president. do you agree? >> yeah, i agree. >> no doubt? >> no doubt. >> this as both the democratic chairman of the house judiciary committee and the speaker of the house, nancy pelosi, are declaring the country has officially landed in a constitutional crisis.
joining me, democratic congressman jamie raskin from maryland. he sits on the house judiciary committee. thanks for coming in. >> i'm delighted to be with you. >> thank you. constitutional crisis. all the lawyers i have spoken to about this, they say that the country is not yet there. you're not only a pull titian, you're also a professor of constitutional law. where are you on this right now? >> i never really understood the phrase itself, to tell you the truth. i mean, the constitution is not in crisis. it's just a document. it's a political crisis that exists, and the president is dragging us on a downward spiral of lawlessness and corruption. so we're definitely in a major political crisis of constitutional dimension and ramification because of what the president has been doing to us. he's been running the government of the united states like a money making operation for himself and his family and his business. and then it spills over into interference with law enforcement investigation, interference with the ability of congress to do its work. so he's kind of shut the
government down again with the policies he's been declaring over the last few weeks. >> but with nadler and pelosi declaring we're in a constitutional crisis, and nadler saying very clearly that phrase is thrown around a lot and it shouldn't, but we're here now, a very significant statement they're making. do you fear that, i don't know, that you're backing yourselves into a corner by making such a bold statement with the chairman and speaker saying that as a constitutional crisis? because i wonder how can you not move to impeach him if you really believe that? >> look, here's the critical thing. more than 800 federal prosecutors, former federal prosecutors, democrats and republicans, as well as the former fbi director, james comey, have said what they're reading in the pages of the mueller report is an open and shut case of obstruction of justice. and if the president were any other american citizen, he would be hauled into court and prosecuted and probably sent to
jail. that's very serious business for the house judiciary committee and for congress because it's our job to oversee the executive branch of government. we're the article i law making branch. the president's job is just to take care that the laws are fafrly executed. if he's frustrating the laws, thwarting the laws and violating them, that does create a huge constitutional problem for us. so you can call it a crisis, you can call it a confrontation, or you can call it a constitutional collapse or chaos, what trump has brought us. but we do have to deal with the lawlessness that is coming out of the white house. >> so let me ask you this, speaker pelosi last week said that the president is goading you all to impeach him. if he's goading you to impeach him because, obviously, the suggestion and the strategy might be that it would help him win support, does that make you less likely to support moving down that road? >> i don't think we're going to be making decisions about something as grave and as important as high crimes and
misdemeanors against american constitutional democracy based on public opinion polls and whether or not it's going to rally the president's base. look, we know they're trying to gode us into impeachment. >> kinda sorta, it's a political decision. public opinion dictates political decisions all the time. >> it's a mixture of a legal decision and a political decision. the legal decision is are there high crimes and misdemeanors, meaning offenses like bribery and treason against the character of our democracy? and then, we have to make a political judgment, about how it fits into everything else we're trying to get done. you know, on the democratic side, we passed the toughest gun safety law in two decades. we sent it over to the republican senate. it's just sitting there. mcconnell is not doing anything with it. we sent over equal pay for equal work legislation for women. they're not doing anything with it. we're trying to fight to lower drug prices. dhar rr not doing anything. the same kind of constitutional obstruction from the white house is the same kind of legislative obstruction we're getting. we have to fight on a proactive
positive agenda for the american people at the same time we defend the constitution and rule of law. we held the attorney general in contempt because he's acting in contempt of the american people and congress. we have no kings here, no one is above the law. it's our job in the house of representatives, the people's body, in the people's branch of government, to enforce the constitution and the rule of law. we're not going to allow the president to act like a king and to trample the rule of law. >> let me ask you about this. rudy giuliani told "the new york times" something that is pretty amazing. he said he's headed to ukraine to try and get the new president there to investigate two things. one, the origins of the special counsel's russia investigation, and also the involvement of joe biden's son in a gas company owned by a ukrainian oligarch and whether the former vice president had any hand in helping him. >> yes. >> he was asked about kind of the outrage factor of pushing a foreign government to launch investigations into your political rivals, and giuliani said this to "the new york times." we're not meddling in an election. we're meddling in an
investigation which we have a right to do. there's nothing illegal about it. somebody could say it's improper, and this isn't foreign policy. i'm asking them to do an investigation that they're already doing. is that okay? is it fair game? >> it's not okay. all of the dictators and despots and tyrants and kleptocrates and bullies around the world have found each other. so it's putin in russia, trump in the united states, and duterte in the philippines, and they're trotting around the world like steve bannon is, trying to organize the alt-right extreme racist and nativist and anti-immigrant elements all over the world, and it's a terrifying thing. we have tastand up for constitutional democracy in america against these attempts by the trump administration to engage in continual deception and stonewalling of congress and the american people. so they do want to go back to investigating their fantasy deep state conspiracy about peter strzok and lisa page. this is what they want to focus
on. they're not interested of doing the work of the american people. they're not working with us on health care. they're trying to take away pre-existing coverage. they're not working on prescription drug reform and not working to try to get to the bottom of what happened in the 2016 election soez we can prevent a repeat in 2020 and protect the character of our political democracy. >> congressman, thank you so much for coming in. giuliani told cnn today in a question about all of this that it's not meddling because the election is a year and a half away. that is his latest from rudy giuliani. >> congressman, thank you for coming in. >> thank you for having me. he's the co-founder of facebook who is calling for it to be broken up. now, facebook is hitting back. chris hughes joins me live, next. stay with us. hi. maria ramirez! mom! maria! maria ramirez...
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it's a now there's one store that connects your life like never before store. the xfinity store is here. and it's simple, easy, awesome. welcome back. he is the co-founder of facebook and now he's calling for the social media giant to be broken up. chris hughes, who helped mark zuckerberg transform facebook from a harvard dorm room project into a revolutionary business, he lays out in a really scathing "new york times" opinion piece why he believes facebook's reach and power is dangerous and should be stopped. hughes reserves his toughest criticism for zuckerberg himself, saying this in part, and it's lengthy piece. mark is a good, kind person. but i'm angry his focus on growth led him to sacrifice security and civility for clicks.
mark's power is unprecedented and un-american. facebook is now pushing back today. a spokesman saying this in a statement i'll read for you. facebook accepts that with success comes accountability, but you don't enforce accou accountability for calling for the breakup of a successful american company. joining me now is facebook co-founder chris hughes. thank you for being here. >> thanks for having me. >> it's a real exhaustive analysis. >> not too exhausting. >> that you clearly, i was struck by, you clearly, this was a long time coming for you. you left facebook in 2007. you cashed out in 2012. why now? what compelled you to write this now? >> well, i think like a lot of other americans, i marvelled at facebook's growth, and as you said, sold me shared in 2012, but for several years following that was so impressed by the direction of the company. then in 2016, with the rise of donald trump and then following international locations to a
sense that the platform might be leading to provoking nationalist conversations and then the christiane amanpok cambridge analytica scandal, and now every month it seems like a scandal. i went on this journey, i work on economic issues all day and things that have to do with anti-trust. i said how can this be stopped? i have come to the conclusion that a competitive market is the way to hold mark and facebook accountable. right now, they're not accountable because they don't have competitor. they're not accountable to a board. mark controls 60% of the voting shares, and they're not really that accountable to government yet. so i believe that the government should step in, make the market more competitive and regulate it to protect users' privacy to enable them to move to different platforms and saiding guidelines for speech. >> you take on some of the tough questions you're going to be faced with. you say you take responsibility for not sounding the alarm sooner. you lay out kind of what the
triggers were around the 2016 time period. why is it for you that if you knew that you have some responsibility that you didn't sound the alarm sooner, why didn't you? >> well, i think that there's this thing about facebook that is a question that i think a lot of people grapple with. it's unclear, is facebook just showing us the way we have always been. were people always screaming at each other about politics and now we can just see it when we log in, or is facebook actually, and social media in general, actually changing the way that we talk about our politics? so for me, for a long time, i thought it was more of the former, that it was just people will be crazy. and people are often saying what they believe. and over time, i have come to believe that facebook is actually contributing to that. what i know is that there are algorithms, rules essentially, that are programmed to show certain things in news feed and
other things. i'm on the patent for news feed, so it's a very complex thing, but those rules are set by humans. so mark himself has said that facebook went too far, wasn't secure enough in the 2016 election. he's taken responsibility for it, but the point is that one company and one person have this outsized power. 2.4 billion people on facebook, because facebook owns instagram and whatsapp, so there's no accountability there. my own journey is waking up to this, and i had, you know, exchanged messages with mark and talked with him as i talk about in the piece. >> did you give him a heads-up you were going to do this? >> i didn't. i don't think it came as a surprise. i have been critical of a lot of the company's decisions over the past year, and he knows that. >> someone asked me this. someone asked me this. you do reserve your toughest criticism for mark. you say he's a good guy, he's a kind guy, but -- is this in any way a personal
beef between the two of you? >> it's not a personal beef, but it is person. i have been friends with mark for 15-plus years. i don't know if we'll be friends on the other side of this piece, but i have no beef with mark. i love mark. i love his family. he's a good person. i also think he has too much power. i should say that i think that ultimately, it's up to government to solve this. you know, it's not like mark zuckerberg, ironically, this is the one problem that mark zuckerberg cannot solve. it's up to government to come in, break up the company, and set this baseline of standards. so i do feel a sense of anger, as i say in the piece, that facebook has become this. a sense of personal responsibility about it, but to me, the solution has to be government stepping up, not mark, per se. >> so facebook's response, they accept the success comes accountability, but you don't enforce accountability for calling for the breakup of a
successful american company. do they have a point? do you have to break it up? is there something short of it that would make sense to you? >> probably unsurprisingly, i disagree. we have a long tradition in the united states of when companies get too big, too powerful, and become unaccountable, we say hey, we like free markets. we like markets when they're dynamic and fair. and we want competition. because competition does enforce accountability. if you don't like a burger that you get at one restaurant, you have ten others down the street to choose from. and thus the free market works. that's how it's supposed to work, at least, but when one company gets so big, there isn't really accountability. i think that's what needs to change. >> before breaking it up, can you help it? >> i think that facebook is trying hard to right the ship, but i think that we shouldn't need to just trust the private sector to do the right thing. we don't do that with airlines, we don't do that with pharmaceutical companies, we don't do that with the financial industry, we don't do that with
health care. we say we want competition. we understand that dynamic markets are a good thing, but we want to also insure that there's a baseline level of protection, and the fact that we haven't gotten there with digital companies i think is just a testament to how quickly not just facebook but google, amazon, apple, all of them have grown. >> i haven't even thought of this until now. do you think facebook can change? facebook can be fixed with mark zuckerberg still at the helm? you don't address it in your piece. do you think mark needs to go? >> yeah, some people have asked me that exact question, should he resign? >> i think that what he said more or less, i created this mess. i'm going to fix it. but i think we also need to take a step back and understand, let's say he did step down. he still owns 60% of the voting shares. so he would hire his replacement, effectively. so i don't know what would be much better about having mark as a chairman with a puppeteer as
the ceo. i don't think, again, i don't -- i think we always go to how can the private sector solve this? how can facebook just clean up its act? i think it's government that has to step in and be the solution here. >> chris, if you could stick around, i have many more questions to come. we're going to take a quick break. i have more questions for chris, like which presidential candidates, if government is the one who says he needs to come in and fix it, which democratic candidates does he think can get this done? we'll be right back. alright, i brought in ensure max protein... ...to give you the protein you need with less of the sugar you don't (grunti)g i'll take that. (cheering) 30 grams of protein and 1 gram of sugar ensure. for strength and energy.
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welcome back. we are back now with facebook co-founder chris hughes. thanks for sticking around, not running away from me at the break. let's talk about what the future would look like, if facebook with that big statement of facebook being broken up, i do wonder, what if the alternatives are worse? a facebook for liberals, a facebook for conservatives, a social media network that does an even worse job of protecting against security breaches. >> i worry about the same thing. i mean, i also worry about concerns, what if china is on facebook, that becomes so dominant. there's a lot of things we should worry about. i think that we shouldn't let those worries, though, be a justification for inaction now. i mean, i genuinely do think that markets are better when they are competitive and fair. and so just saying, well, we're effectively going to choose a winner, that's sort of old
school industrial policy. we're going to just crown facebook the social network because it got so big and we're not going to worry because it could be worse. i think that would justify inaction. so it's not that i think that everything is going to come up roses after facebook is broken up and competition is going to solve all the problems, but that just sets us up in a false choice of either facebook stays intact and keeps having these sloppy privacy practices and these failures. >> more competition, if that had been in place, would that have stopped the cambridge analytica mess? >> i don't think so its own, per se. that's why in the piece i call out for both regulation and breakup. i think with competition, there would have been somewhere else for users to go. there's this pew research, pew institute study from last year that showed 1 in 4 facebook users deleted the facebook app from their phone.
and you know, i say this, you know, people go to instagram, but instagram is owned by facebook. >> also owned by facebook that a lot of people don't remember. >> to be fair to facebook, snapchat does exist, linkedin, does exist. when you take a step back and look by any account, by the dollars, the attention, the minutes, facebook is just so enormous and so dominates the space. snapchat's revenue last year was a billion dollars. facebook's was $55 billion. 55 times that. it's just small enough to point and say look, guys, we have competition when it's really not. >> i have to ask you about the government regulation part of this. everyone remembers, i would say, the infamous hearing of mark zuckerberg testifying before the senate. and the marquee takeaway sound bite is a senator asking if facebook is free, how do you make money off it inand he looks at them with surprise and says, we have ads. >> exactly, advertising. something like that. >> we have advertising.
if that's the basis with which you're dealing with of what lawmakers would know and do, how can you trust that they're the -- why is congress the right way to go? >> that was a cringe worthy moment, i think, for everyone. particularly people who believe that government can be a force for good in the world. i think a lot of those folks have beefed up since and know a lot more than they did, but i think for every one of those folks, there are several who are stepping out and leading the way. and it's not just on the left. a lot of people often talk about elizabeth warren, bernie sanders, those folks who are coming out. >> which 2020 candidates are you interested in terms of who gets it? >> both of those have tweeted about it, but to finish the previous point, it's also popular on the right. yesterday, mike huckabee was tweeting about it, a couple weeks ago, ted cruz was calling for additional oversight, and at&t was broken up under ronald reagan. so this is not just a left/right issue. it's one of the unusual ones
where there can be agreement on both sides. to answer your question about the 2020 field amongst the democrats. i think elizabeth warren has been out funt. she's talked about it not just with tech, but big ag, the big agricultural companies and elsewhere in the economy. i think bernie sanders is talking about it some. also, pete buttigieg, cory booker has called for more oversight, amy klobuchar. i think it's increasingly a consensus point in the field. not just that facebook needs more oversight, but that we have had this increasing concentration of power, three quarters of american industries, more concentrated now than they were 20 years ago. fewer companies, bigger ones, and we have had oversight of that for a very long time, but we team seem to have lost the tools to enforce it and we need to pick it back up. >> you have definitely started a conversation, and i really appreciate you coming here to continue it. we'll see where it goes from here. i'm interested to see what happens. thank you so much.
coming up for us, sounding the alarm months before this week's deadly school shooting in colorado. one parent says she warned of a, quote, another columbine could happen. coming up next, her exclusive interview with cnn. we'll be right back. you might take something for your heart... or joints. but do you take something for your brain. with an ingredient originally discovered in jellyfish, prevagen has been shown in clinical trials to improve short-term memory. prevagen. healthier brain. better life.
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the house. nice to see you. it's bringing that love. it's bringing that dignity to them. this is the assignment that i feel that i've been given. >> to see how ruth got it all started, or to nominate your own cnn hero go to cnnheroes.com right now. geico makes it easy to get help when you need it. with licensed agents available 24/7. it's not just easy. it's having-a-walrus-in-goal easy! roooaaaar! it's a walrus! ridiculous! yes! nice save, big guy! good job duncan! way to go! [chanting] it's not just easy. it's geico easy. oh, duncan. stay up. no sleepies.
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with an engaging new experience... ...ancestrydna can help her uncover her history... ...to tell a story as unique as she is. order a kit for mom (or dad) at ancestry.com the entire community of highlands ranch, colorado is still reeling from the horrific school shooting that took one beautiful life on tuesday and injured many others. now cnn is learning that months ago an anonymous complaint from a school parent warned the conditions at the school would lead to, quote, another columbine happening. her complaint sparked an investigation by the school board, and now the woman for the first time who says she's that anonymous parent is talking exclusively to cnn. cnn's scott mclean is in colorado with more. scott, what are you learning? >> reporter: first off, i should let you know the court appearances for both suspects have both been postponed until next week though the d.a.'s office is not sflank why.
this week the prosecution had asked for more time to file formal charges and we still don't know, this though we know first-degree murder and attempted murder will be those charges, but we were hoping to get court documents today and to find out whether the d.a.'s office plans to pursue adult charges or juvenile charges against that 16-year-old. as for the potential missed warning signs, the woman you're about to hear from says she is the parent who complained about what she described as pressure cooker conditions inside. school. she wants to remain anonymous because she fears for retaliation, but cnn has confirmed she does have a child inside the school, and the school -- and she also knew details about the allegations that were made. she speaks of kids who are rigorous academic programs, little sleep and started acting out with aggressiveness. she also talked about attempted suicide. teachers having to intervene in fights, and she was worried all
of this might culminate in somebody getting hurt or even killed. listen. >> i also saw violence against themselves happening, you know, with students, and threats of suicide, cutting, attempted suicide, drug use that was getting pretty serious. you know, numerous reports from my children as a witness, experienced it firsthand and other students that witnessed it or experienced it firsthand, so it -- the pattern was pervasive. >> reporter: now this parent says at teachers at the school were well-intentioned but there was a pervasive culture of polarization that the school administration just wasn't listening to teachers and parents. now. executive director of this school responded to cnn through a pr firm and said that there was simply no evidence that the school found to support these allegations made by this anonymous parent.
in that statement she wrote like any school with more than 1,800 students we received complaints all of which we take seriously and investigate promptly. but, kate, i should also point out that in response to that initial complaint, the school actually filed a defamation lawsuit against this parent back in january. kate? >> scott, thank you so much for bringing that to us. really appreciate it. coming up still for us, the trade fight between the u.s. and china intensifies as president trump hikes tariffs on thousands of chinese goods coming to the u.s. now, china is vowing to retaliate. somewhere this headed, folks? that's ahead. direct messages have evolved. so should the way you bank. virtual wallet from pnc bank. just one way pnc is modernizing banking to help make things easier. pnc bank. make today the day.
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now that's simple, easy, awesome. get $100 back when you bring in an eligible smartphone. click, call, or visit a store today. welcome back to i-poll tifnlgts i'm john king. thank you for sharing your day with us. president trump slaps new tariffs on chinese goods, and beijing promises tough retaliation. trade talks continue today, but no deal expected soon so you should prepare to pay more for a host of made-in-china products. plus, tensions with iran and north korea, too. the secretary of state has a blunt new warning to tehran, and the president changes his tune on whether kim jong-un is ready to make a deal. and reality tv meets c-span today on "keeping up with the subpoenas." >> do you have