tv Lou Dobbs Tonight FOX Business April 12, 2018 10:00pm-11:00pm EDT
and remember -- you can't take it with you. [ gunshot ] [ thud ] appreciate you watchin. lou: these are the top stories. president trump surprising many on his order to top economic and trade advisors to look into whether the united states may be able to join the 11-0 organization trade organization known as the trans-pacific partnership. and reversal of the president's campaign promise. something that would gladden the hearts of corporate and dismay.
also secretary of state designate and cia director mike pompeo signals he'll take a hard line on russia during senate confirmation hearings today, pompeo became the first u.s. official to reveal american forces killed hundreds of russians in syria. >> vladimir putin has not received the message and we need to continue to work at that. a handful a weeks ago the russians met their match and a couple hundred russians were killed. lou: he says no final decision has been made on whether to strike syria again. president trump tweeted this, an attack could be soon or not so soon at all. we'll take up the trump doctrine and what will likely be the
direction of the united states in syria. here to discuss the mounting calls for speaker ryan to surrender the speaker's gavel now from congressman jim jordan. and calls to fighter corrupt leadership of the justice department and the fbi. a free-for-all between american middle class and the globalists who apparently still showed sway over an administration whose greatest successes have been the president keeping his promises. the president ordering his administration to take a fresh look at the trans-pacific partnership. to look at whether it makes sense to rejoin that
organization as a counterweight to china's rapidly growing geopolitical power. now called the tpp-1. signed march 8 in santiago, chile. we are pleads to have with us larry kudlow, director of the economic council. i don't think people could have been more shocked than to hear the president has ordered an examination of the possibility of getting back into the tpp. >> he's taking another look at it. there are no decisions been made. he made the assignments today. he was meeting with congressmen and senators fromming a * states. i don't know -- from agriculture
states. i don't know how it's going to come out. we haven't even started. i think the president was right to pull out. but going forward, maybe it can be approved. maybe not. maybe we'll have market openings for our exports. maybe not. maybe it will reduce trade barriers for us, maybe not. one of the goals has to be economic growth, rising wages, and rising jobs just like every other aspect of the trump program. so we'll see. i can't make any conclusions yet. lou: the president laid forth a brilliant fundamental perspective. you can't point to a single multi lateral free trade agreements and say this resulted in a trade surplus for the united states that will last for the next 10 years or that didn't result in a deficit. we have had 50 years of trade
defend states in this country. we are a debtor nation in perpetuity as we stand now without the leadership of president trump. he has given us a way forward with by lateral trade agreements and making sure trade is bilateral, reciprocal, it is mutual, it is balanced. that can't happen in a multi lateral agreement. at least it hasn't yet. >> i think the president is very uncomfortable with these multi lateral deals. he much prefers bilateral deals. we are make something progress on nafta. i think that's a good thing. we'll be meeting with japan in florida next week. there might be some by lateral potential there. whether that rolls through, he's got china. we are work on that. things look better. they know they have to toe the
line in much of these. these things have to be pro growth man america's interests. and you can't have unfair trade practices or illegal trading practices. that's the big gripe with respect to china. lou: take a look at what happened as a result of the president's overtures to president xi jinping. just this week he is responding to the president's hard line on fair trade. not free trade. not another multi lateral agreement. talk specifically on the issue of china. this is what president xi said. china relied in the past on creating favorable policies for
itself. we'll have to rely more on improving our investment environment, we'll increase our alignment with international rules, and our intellectual property protection. lou: those are extraordinary steps forward for china, don't you agree? >> i do. we have seen some of this before and it hasn't worked out. but there has been a lot of acrimony. lou: i have got to disagree with you. we have never seen china, china's leader put forward statement that across knowledges wait has common in the past is wrong, it's not part of its future and it will be opening its economy. we have never seen that. >> okay, i don't want to quarrel with you on that point. some of the frayed advisors here think we have seem that before.
>> a positive response by xi and a positive response by the president. i think that's a great thing. lou: i don't seat problem being optimistic with what we see between these two leaders and the positions they are taking. >> neither do i. theft of intellectual property has to stop. trade barriers and tariffs have to stop. we now know that there may be some cooperative discussion and on the whole that could be a good thing. the trick here, lou, you have to trust but you have to verify. i learned that from ronald reagan. that's the course we are on now. this thing could can very positive, very pro growth and solve a lot of problems. but we have to be very careful, particularly on the technology side. we have what they want.
we have advanced technology that's the backbone of our economy. we have innovators and entrepreneurs. china has to this point stolen much of it and created conditions where people will pirate technology and bring it back to china. lou: the globalists, the so-called free traders who kept promising americans that international trade isn't a zero sum game, but we look at the $300 billion external debt. we look at trade deficits. the theft of intellectual property and you are telling me we can't have that. >> yeah, again. that's my position. it sounds like we agree. lou: we do agree. what i find fascinating for the president to even contemplate
one of these multi lateral agreements suggests somehow the globalists elites of wall street and the u.s. multi-nationals, all 150 of them who are just absolutely dependent upon the utility we call free trade which is ripping off america. >> the president regards himself as a free trader. and he believes strongly the reason to try to end these unfair and illegal trading practices is to get to the free trade. lou: the president regards himself as a fair trader. he called for balance and reciprocal trade. >> i have spoken to him many times. i am just reflect his own views. lou: this is the man hot pulled us out of tpp and just put forward tariffs -- >> if you just let me finish the
statement. you and i have known each other forking a long time. now, all i'm saying is free trade can be very good fit is in fact free and fair. we have to. lou: there is no agreement that has been free. >> the whole history of the post-war period is that the growth of international trade has been a very good thing for all the countries involved. however, in recent decade, and i will agree with this. in recent decades trade laws have been broken and trade practices have turned illegal and unfair. blame china, they are the ones who started this and the whole world wants china to change its policies. if i say to you free trade can be good, there is a history of
free trade being god, but we are not in a free trade zone. let's fix it. the president is a practical person. it has to be good for economic growth in the u.s.a. if you ask me, better trade deals, lower trade barriers, more investment opportunities for the whole world. it would even be good for china if they practice it. lou: china knows what's been very good for it which is to steal trillions of dollars of intellectual property from the united states and be on the beneficial end of the equation of the transfer of the greatest sum of wealth in the world's history from this country. and that's got to be fixed. xi acknowledged that and he did so because the president challenged him. to have anyone suggest to the president or say that he's a free trader suddenly now.
>> he calls himself a free trader. i don't want to quarrel over that. i spent a lot of time with him, he used that phrase. that's not the point. the point is to make better trade deals or make them pay the penalty oh the u.s.a. is helped, not hurt. donald trump is the first guy in a couple of decade to be tough and serious with chain today. and that's a very good thing indeed. and he has a vision here. open up markets and stop the stealing of great technology. that's the backbone of our economy. can we do it? i remain optimistic we can do it. can we look for worst cases? president trump is the best negotiator we have ever seen, certainly in the white house. these are good reasons, powerful reasons to work with china. the same is true with japan and the same may be true with other
countries. let's see if this can be worked not you a pro growth way that will help this country. lou: by this thing i don't know if you are talking about tpp, the trade relationship with china or the trade deficit this country has run for 50 straight years. which one of those things are you talking about? >> i'm talking about china right now. we don't have a position on tpp. the president has asked me to take a look at it and i will. but we don't have a position on tpp. you asked me about china. those are my views object china. the president has been very tough on china has he must. but you can't rule out negotiations. everything is on the table. if we have to go there, we'll use tariffs. i don't think that's anybody's first choice. but we'll see.
lou: our conversation began with me want to go credit the president for xi's opening and positive response to his tough positions and the basis for ought negotiations that i think will go on for some time. we are at the same place even as we conclude. rinos working alongside dems to protect the mueller witch hunt and subvert president trump. my mom's pain from
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lou: president trump sitting down today with he battled deputy attorney general rod rosenstein. the meeting comes amid speculation the conflicts may well lead to the president firing him. the white house said they discussed routine justice department business, period. joining us is congressman jim jordan. he serves on the scwhroifers sight committee. and a member of the freedom caucus. one of the most of prominent republicans on capitol hill. the meeting with the president, we take them at their word that
it's normal business. you have called for a second special counsel. you have called for an accounting for the department of justice and the fbi. your thoughts about the meeting and the prospects for rosenstein. >> he signed one of the fisa applications. when they took the dossier, dressed it up like the was legitimate intelligence and used it to spy on mr. page. and didn't tell the court christopher steele had had his relationship with the fbi terminated. and mr. rosenstein wrote the letter explaining why comey should be fired, now he's overseeing an investigation firing of comey. how does that work? he has a ton of problems
including when are you going to get us the information we are entitled to in an you be redacted form and in a timely fashion. lou: the house intelligence committee, oversight committee, as you said, have been demanding those documents. devin nunes the chair of the house intelligence committee, he and trey gowdy got a look at the so-called electronic communication that was the foundation for a call for a special counsel. yet there is no response on the part of the doj or the fbi's two committees' request. >> they met with mr. meadows and i. and i asked four simple questions. tell us the proximate numbers of
document worn titled to. i don't know. tell us the step steps in the current process get the information. they said i don't know. and then the third question, when are we going to get the information we are supposed to with and of course to that one they said we don't know. you have got a few days, not weeks or months to clean this up. you have got a few days to get this right and start getting this right to get answers for people in the journalism world and more importantly for the american people. lou: you mentioned the conflicts of rod rosenstein. let's put that in a sequential perspective if we could. rosenstein convinces attorney general sessions to recuse
himself, he calls for president trump to fire james comey, which he does. >> he writes the memo. >> rosenstein names special counsel to investigate trump's firing of comey. what possible sense even if i may say, even on capitol hill, what possible sense does that make? >> i would argue there is one more step. rod rosenstein is involved in the raids that just took place. he signed off on the raids of mr. cohen at his residence and business. this is what most of americans look at. when cheryl mills was asked to give information regarding the investigation into secretary clinton's use of the email traveling across or private server. she said we are giving you a great immunity deal, when do you
want us to come over. they got to decide which emails were personal in their defend significance and which ones went back to the government and the benghazi committee. what a contrast. and more than anything this is what drives americans crazy. it's supposed to be equal treatment under the law. lou: we have certainly seen established in the nation's capital, that's far from the case. let's turn to paul ryan's resignation. and his intent apparently to be speaker on a part time lame duck basis. that's not sitting well with a lot of people on capitol hill and the house. how does it sit with you? >> look, i appreciate palms service to the country. 20 years. he said he's not going to run for reelection. but he's still speaker of the
house. the most of important thing to me isn't hot speaker is, but what the speaker does. what we need to do is get refocused on what the american people sent us here to do, not do what we did three weeks ago and pass the omnibus spending bill that 2,232 pages that we had 15 hours before we voted on it and we had 1 hour of debate and spent money and things we said we couldn't fund and didn't spend money on things we said we could fund like the border security wall. lou: the two seem to be related because it's the speaker of the house was the one who insisted there be no amendments or hearings and it be pushed through in the dead of night. >> the process has to change around his place in a dramatic
way. so many members i think feel left out of this thing. the idea that we spent only one hour debating a bill that's 2,232 pages long that spends over a trillion dollars and leads to one of the biggest deficits we have seen in a number of years, that's so wrong. lou: i infer from that maybe the speaker as well. i know you didn't say that. that's just my inference. on wall street today, a big rally, the dow jones industrials surging almost 300 points. volume on the big board trading about 3 billion shares just like yesterday. listen to my reports three times a day coast to coast on the salem radio network. paul ryan under pressure to surrender the speaker's gavel.
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lou: it turns out paul ryan's term as house speaker may end sooner than has been planning. axios reporting republicans may 40s speak tore leave by this summer or soon were. ryan wants to retire in january of 2019. that would be a long time lame duck leading the house into the mid-terms. probably not the best prescription. credit should go to my friend ed rollins who said on this broadcast. ryan should quote, go home, live well, and quote get out of the way. joining us, fox business political analyst, ed rollins. a great call. we see the drum beat picking up.
ed: no offense to ryan. we should say thank you for your 20 years of service. we are in a battle like we have never seen before to hold the house of representatives. we have 40 seats that will be vacant and we may have another 10. so you could have 50 members of our party not running for reelection that gives tremendous opportunities for democrats. we need a leader throughout who can set an agenda we can run on. much of it is the trump agenda that has to be articulated. ryan is running on something -- the idea that you could have a balanced budget amendment if you pass this extraordinarily budget is a laughingstock. ryan always wanted to do entitlement reform which is cutting social security and
medicare. those are not issues you want to talk about in this campaign or any campaign. lou: i don't know of a single republican who supports it. >> but he gets to set the tone. the hour deadline, he was the one *. lou: i was waiting for him to couple his better way. >> take two weeks, let the members pick a new leader, then let that leader lead us in this election cycle. lou: there is something in this that is darwinian. if the republicans do not have the guts and the energy and the drive to say, no, mr. speaker, this is done. it's time to put new leadership in front of the american people as we enter in the mid-terms. and if they don't have that, then they deserve the fate that
is almost assured them. ed: the other side is energized. they have millions of people in the streets, women, young people. we are only going to energize our base by donald trump campaigning and a speaker elect campaigning. lou: who supports the trump agenda and supports this president and can talk about the successes of this administration without looking like he's going to throw up. ryan cannot bear to acknowledge and bellow out in public the great success of president trump. ed: he didn't want trump to be elected. at the end of the day he's more interested in schumer and pelosi. lou: what will pelosi and schumer do without paul ryan to
wet nurse them through political reward. ed: they will be treated like the minority, which is what they should be. we have not won these battles. we wouldn't tax plan, but we didn't win obamacare. as jim jordan said, promises made that need to be kept. lou: donald trump has been doing that, but the speaker has not. ed rollins, thanks so much. you have next, james comey, he has got a book. we'll tell you about some of it. chris farrell of judicial watch is here and we'll examine what's up with the deep state and its mom? dad? hi! i had a very minor fender bender tonight in an unreasonably narrow fast food drive thru lane. but what a powerful life lesson.
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lou: former fbi director james comey is divulging details of a conversation he had have why kelly. he claims kel yesterday called president trump dishonorable for firing comey. but comey sees no issue with violating john kelly's confidence then talking about honor at all. if any part of that is true. joining us is chris farrell from judicial watch.
chris, good to see you. this book is stunning. he goes after john kelly who was trying to commiserate with him. what does he know about honor? >> nothing. like i have been saying for years now, even when comey was terribly popular, he was suppose to be mr. integrity. i have long been saying comey is without integrity. whatever he has written will be self-serving dribble about what a genius he is. the news will be on the third day after he passes away he's in for a viewed surprise. this interview he'll be doing later this weekend, fine. mr. comey, have at it. keep writing and keep talking. i think napoleon said never interrupt an opponent when they are in the middle of a mistake.
vent your spleen, show everybody what you are and we'll see who laughs last. lou: let's turn to the meeting today at the white house. i would like to put up on the full screen the sequence that fascinates me as to why there should be any question at all about firing rod rosen sign and why there has been any to date. can we get that up, please? rosenstein convinces on march 2 of last year, jeff sessions to recuse himself from the investigation. rosenstein calls for trump to fire comey on may 9, 2017. then rosenstein names a special counsel to investigate trump's firing of comey. can you tell me how in the world of any that makes any sense legally, logically or
rationally? and why in the world a special counsel would be permitted to be called, given that the person calling for it is the guy who laid the basis, the premise for his firing? >> he's been conflict and disqualified for months. lou: from the beginning. >> everything you had up on that screen, frankly there is additional lesser conflicts and weird happenstance. but those are the main bullet points. how he has allowed into the department of justice every days a head screamp. how people he's interacting with on a day-to-day basis are all whistling past the graveyard like nothing is wrong. they know these conflicts exist. i don't know how they can
prepretend it's normal order of business when it's not. lou: why there is any hesitation on the part of the leadership of the republican party? and i'm talking about ryan and mcconnell to stand up and say this is fundamentally a farce. and it is illegal be it's unconstitutional it's irrational and against the interest of the united states to subvert a president on these bases? it's madness. >> in the end president trump will have to make a decision. it will be a tough one. but he'll have to lead. mr. sessions has been neutralized. and the so-called leadership you mentioned. they are happy to see this all happen. they love this, they love the turmoil and the am by giewft who's doing what to who. it further emboldens them.
lou: and it makes them look like the smallest people to ever hold their offices on capitol hill. judicial watch suing the justice and state departments to force the release of the document on the obama-era uranium one scandal. how goes it. >> my cog i'll broke the story in 2008. we have been covering this for 10 years. we first sued in 2015 or uranium one. it's old news to us. we'll keep hammering away to get the documents to fill out the picture. guess who is in charge of doj and fbi? it was mccabe at the fbi and rosenstein at doj. surprise surprise the investigation went nowhere. we are not going to let that happen. we'll continue to pursue it through our own means legally in
the courts. and we'll get all the documentation. we are 10 years into this. we'll lay it out to the american public. lou: be sure to vote in our poll tonight. do you think the globalists will ever accept president trump's commitments to hard working americans and the middle class, not the elites? up next, new evidence border security is more important than ever as cartel violence surges across the border with mexico. we'll be right back. [fbi agent] you're a brave man, mr. stevens.
lou: the president's push for border security more important than ever amid a border crisis in mexico. reporter: the dollar cost is steering and the human cost even more so with 29,000 people murdered in mexico in 2017. drug gangs are a large part of the problem with many of them fighting for turf and supremacy in the wake of the 2016 arrest
and 2017 extradition of el chapo guzman who is awaiting trial in new york. according to one of the report's authors, it's very clear that the places where we are seeing the biggest surge of violence are the same places where the new generation and other rival organizations are moving in to contest the territory previously controlled by chapo guzman. but it also means tackling corruption and the weak rule of law that allows crime to thrive. that situation has become particularly acute in some of the biggest tourist destination, cancun and cabo san lucas. tourism accounts for 8% of mexico be gross domestic
product. but if tourism drops off after you a state department notice, the economic impact will be felt far beyond the five-star hotels. you don't have to go far to find an expert to tell you the immigration on our border is far better fixed by tackling mexico's violence and economic problems than it is by building a wall. lou: we'll check in with dr. sebastian gorka next. stay with [ doorbell rings ] janice, mom told me you bought a house. okay. [ buttons clicking ] [ camera shutter clicks ] so, now that you have a house, you can use homequote explorer. quiet. i'm blasting my quads. janice, look. i'm in a meeting. -janice, look. -[ chuckles ]
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fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. strategist to president trump, fox news national security strategist, dr. sebastian gorka. let's start with mike pompeo and his revelations about the response of u.s. air fighters and the air force, whether it be c-130s or whether it be jet fighter aircraft killing hundreds of russians defending u.s. troop positions. >> yes. it was quite a sterling testimony hearing from the nominee who's now director of cia but hopefully will go
smoothly to the state department. russia has invested a lot in say said, in the regime in damascus, they've put mercenaries on the ground, a wing of aircraft. it's not a lot of military presence but they've paid a price for trying to exploit the instability of the war in syria. lou: attempting to do that, to strike at positions they knew well included american forces. they know that the united states has air superiority period. to do that was absolutely stupid. putin is not often completely a fool. that was a foolish, foolish thing to do. >> oh, i agree. i agree. but nobody is arguing that he's the best strategist in the world. this idea that this former, really second-rate kgb colonel -- when he was in the kgb, he didn't get the plumb job. do you know where they posted
him? east germany. so this idea that he's playing eighth dimensional chest is fallacious. but this is what happens when you're using proxies forces, mercenaries -- lou: i don't know anybody who thinks he's playing eight dimensional chess. >> some do. >> the heck with them. people who watch this know that the united states is contending with a new alliance among russia and turkey and iran, that russia has deployed 11 warships that were at harbor in tartus, syria, the base there. there is a hesitation here that, to me, i personally as you know, i'm delighted to see the president take his time and be awfully, awfully careful in dealing with syria. aren't you? >> oh yes. having worked for the man i have
full faith in the president. the team he has around him whether it's secretary ma tis, , whether it's the new national security adviser bolton, he's still cia director as of today, mike pompeo. that is truly the a-team. they're giving him the best advice. they'll give him the playbook of different options and he'll choose the right option, lou. lou: chief among those options i hope, frankly, will be his own words and own counsel and that which to me was very wise when he said he wants to withdraw from syria, he wants not to get intaked further in syria, nor fight nato's wars or frankly take on interests that are not our own. i understand the allure of the siren call to do something, but
often i think history has taught us to do nothing is not the -- is sometimes just outright the wisest course. >> it can be sometimes, lou. i don't think what we have to worry here is about some deep deep deep entanglement. that's not his style. lou: i have never seen a deep entanglement begin without someone saying there will not be deep entanglement. >> i have to say if our values, if we believe that there is such a thing as morality, a message must be sent to anybody that uses chemical weapons on women and children. i don't care who they are. it is not something that we can just ignore because we send a very bad message to pyongyang, to iran, to russia as well. lou: all of which we find ourselves entangled, is that what you're suggesting? good to have you with it.
i'm trying to end on a light note. perhaps that wasn't it. i for one thing a pause is correct. and coulter and appreciate you . lou: these are the top stories. president trump surprising many on his order to top economic and trade advisors to look into whether the united states may be able to join the 11-0 organization trade organization known as the trans-pacific partnership. and reversal of the president's campaign promise. something that would gladden the hearts of corporate and