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The outs. they could use that with their leverage with kim jong-un. very interesting to watch. >> certainly, thanks for breaking it down for us, elise. now i want to bring in my panel to dig a little deeper on this situation. we have amy parnes, senior political correspondent for "the hill." julian else selser, a cnn polit analyst and historian at princeton university. and david edlesman is the former bureau chief, now with the national law school. amy, is the president scrambling for politica...

That something goes up. more american companies use steel then make steel. >> a lot more. >> were talking about this being an inflationary force in our economy. bringing up prices at a time when, you know, the data looks good for jobs but if you look at american credit cards, if you look at debt, if you look at, you know, wages are just starting to tick up. were really starting to feel this economy now after years of working hard and, you know, this is a long time coming. this is not something t...

Much from the white house in terms of concessions. what is it willing to give up. what do you think is realistic in that point? >> i think maybe the easing of sanctions from the white house. i think maybe that could be an option for them. youre hearing trump already kind of talk about that. why would we implement more sanctions when were having this nice dialogue, as he put it. so i think maybe they would be willing to kind of give there. i think ultimately what the upz wants is to get rid of an...

And i think, you know, they both have a little bit of leverage if they want to keep this going. the question is, what is really achievable. the president obviously concluded that that grand bargain that boris spoke about was not possible. you heard just a couple of days ago senior state department officials saying that for this summit to take place, that the u.s. was looking for something historic from the north koreans. now its more of a get to know you. its i think -- >> moving the goal post. ...

This is how economies fail. >> youre right. >> and we have no plan for the future. >> now wait -- >> -- and china has a 25 plan and we have no plan. tax cuts, policy, the trump administration is thinking about are negative and these tax cuts are not going to propel us into the next decade. its a nice band aid. >> to stephens point, you know, he brought up the whole continuing of the economys heading into a positive direction. how much credit does president trump get versus president obama? i mea...

Why make that move when the economy is doing so well? >> good question. good question. i was actually over at the white house earlier this week. meeting with a number of senior economic advisers. and i made exactly that point. you know, why would you do this now at a time when weve got everythings cranking up so well? i do agree that this is a risk to the economy. tariffs or taxes, they will hurt american consumers. the chamber of commerce says this could cost america jobs rather than gain jobs....

Obviously theres questions about him and her that surround the entire history of the white house since it began. >> so the president recently assured the public that melania was just fine. take a listen. >> shes doing great. shes right there. shes doing great. shes looking at us right there. >> so amy, does the president have an obligation to be more forthcoming on the first ladys whereabouts and her health or not? >> definitely. i think as the president, as her husband, he kind of has to come o...

Essentially say there would likely be no grand bargain coming from this meeting, that this was going to be a get to know you meeting, a first step in the long process of denuclearization. you have the administration and even figures within the presidents own family suggesting that any progress made is better than the status quo. thats essentially what donald trump jr. said this morning on a serio sirius xm radio program. >> he understands how that works. the status quo has been going on in the u...