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Class tax cut. remember back before the 2018 midterms he promised a 10% tax cut across the board for middle class workers. that never materialized. but now white house officials say that thats back on the table for discussion. why would they be talking about that unless theyre concerned potentially about a recession somewhere on the horizon. the issue about this payroll tax cut, and we should explain to people its a 6.2% tax that we all pay. it goes to help fund medicare and social security. if ...

Administration is looking to cut payroll taxes as a way to boost consumer spending even as we all know economic indicators increasingly point to a potential downturn somewhere along the line. "the washington post" and "new york times" as you mentioned reported late yesterday that administration officials are in the early stages of talks about whether a payroll tax cut could be a useful tool to help stop a potential economic slowdown. people might remember former president barack obama temporaril...

Market metric, the u.s. economy is soaring which is where the president continues to hit this drumbeats that he wants to make a deal with china, certainly, but only if it benefits the u.s. >> china frankly would love to make a deal and its going to be a deal on proper terms. it has to be a deal on our terms otherwise whats the purpose. i dont break blame china, i blamed the children that lead our country. there is no reason to allowed this to happen but they would take it out over $500 billion a...

Table come september when they have those talks with the u.s. now the data that thats been put out by china is not only reflective of whats of what impact the u.s. has have done to the chinese economy but its also showing how china is struggling to stabilize its economy as it moves away from manufacturing economy and into a more domestic consumption driven economy but that seems to be a weak point for china because g.d.p. is at its slowest as well 6.2 percent staggeringly in the in the 2nd quart...

Kaepernick come in if he is good enough. i dont want to see him come in because its a good p.r. move. if he is good enough hell be in. >> are you worried about global markets? >> president trump: our market has been really good. its never positive although you could say it puts us in an even better position. i view it differently. most people say its a bad thing. i would say the fact that other countries arent doing really well, china in particular, china is doing horribly, horribly. first time ...

To win games. so id like to see it. frankly, id love to see kaepernick come in if hes good enough. but i dont want to see him come in because somebody thinks of its a good pr move. if hes good enough,er will be in. >> are you worried about -- are you worried about global markets bouncing back at all? >> the global markets are not as good as our market. our market has been really good. >> what about the effects of all that [ inaudible ]? >> its never positive, although you could say it puts us in...

Frankly, i would love to see kaepernick come in if hes good enough. but i dont want to see him come in because somebody thinks its a good pr move. >> reporter: are you worried about global markets pulling back at all? >> well, the global markets are not as good as our market. its been really good. >> reporter: are you worried about the effect? >> its never positive, but you could say it puts us in a better position. i vut it differently. most people would say thats a bad thing. i would say the f...

Lets start with chinas economy slowing down. chinas economy grew by 6.2% in the second quarter. it is true that is the slowest growth measured since 1992. it is still well within the target range of 6% to 6.5%. not to mention the latest slowdown reflects a normal maturing economy. now to his point about china not what he says coming through. trump is referring to agricultural purchases promised by the chinese as an act of good faith while they negotiate. for their part china insists it has bough...

Office. and then again within a minute he said, china is dying to get a deal done. can you help us understand? >> well, i wish i could, stephanie. it is difficult to reconcile those two things because obviously they cant be reconciled. it cant be both. it cant be dying to make a deal and waiting out the president. i think he was right in the first instance. i think they do want to wait out president trump. they believe if they get a democratic president in 2021 particularly someone like joe bide...

Their phone number goes to the security services. the chinese could not do this themselves so google was going to show them how to do it. that has been canceled but only after six or eight months of trouble. tucker carlson had the gentleman on his show to talk about it. so google, peter thiel is right there is smoke here. an investigation will clear and clarify and maybe stop these programs. >> mike: the ongoing traits with china, tariffs. are the tariffs having an impact? are they working? >> t...