reporter: that reached the cranberry bogs of massachusetts. we don t want to be punished for just being from america. reporter: market uncertainty stretches into kentucky s bourbon distilleries, across potato fields of idaho and back here in nebraska, soybeans. right now it is a lot of pain we re going through. reporter: third generation farmer hopes the president he voted for will end this trade war. every day the tariffs are going on is costing farmers millions of dollars. reporter: as producers wait for trump s exit strategy, his chief economic adviser says we re in a stalemate with china. trade negotiations are kind of stalled. reporter: and the president s handpicked fed chair warns these tactics could stunt economic growth. countries that go into more protectionist direction have done worse. reporter: on capitol hill we caught up with lawmakers from trump voting states calling for the administration to pull back. do you understand what farmers and ranches
it is going to be the next greatest thing but no one knows when to sell. i think you need an exit strategy. the day you buy it, you figure out what is going to go wrong eventually. you know, look at netflix. it blew up this week; right? the subscriber numbers were a million shy, and they took the stock down. when i look at the other ones some are more obvious than others. apple seeds of destruction or what we just talked about, is the phone market has kind of peaked. everyone has one. they don t wear out. similarly facebook, they have a problem in that you know they are at 2 point something billion users, doubled in five years. i don t think it is going to double again. they re not allowed in china. russia has competition for facebook. what happens as that growth rate kind of slows? investors get a little nervous and start running for the hills. paul: and that s what you ve got to look for as an investor. when is the turn? you look for it the day you invest. and then you keep an eye
it is going to be the next greatest thing but no one knows when to sell. i think you need an exit strategy. the day you buy it, you figure out what is going to go wrong eventually. you know, look at netflix. it blew up this week; right? the subscriber numbers were a million shy, and they took the stock down. when i look at the other ones some are more obvious than others. apple seeds of destruction or what we just talked about, is the phone market has kind of peaked. everyone has one. they don t wear out. similarly facebook, they have a problem in that you know they are at 2 point something billion users, doubled in five years. i don t think it is going to double again. they re not allowed in china. russia has competition for facebook. what happens as that growth rate kind of slows? investors get a little nervous and start running for the hills. paul: and that s what you ve got to look for as an investor. when is the turn? you look for it the day you invest. and then you keep an eye
saying, yes, yes, we know it looks bad. it s bad optics. policy-wise, nothing has changed. they keep pointing to the president s actions on russia. how long is that going to fly when you have comments like this coming from republicans the president needs in congress? it s not going to fly for very long. i think what congress can do is they can actually call pompeo, they can call other people, bolton, people who should know really about the meeting and ask for readouts. i think that s what people are trying to get when they are trying to get the interpreter to come to testify. other people should have readouts on what happened. i think that s what congress is missing and what they can do. i don t know how good this obviously looks for the white house in terms of optics. they really need to kind of turn this around. inside the white house in the west wing, the morale is so low. people are trying to figure out their exit strategy.
strong if you don t know. the lovely people up that if you don t of this time because we ll just also them to say it s a go but you councils great town is known actually as a bit of a party town so there s great things in the evening as well it s a great place to visit our bridges are dark and we ve got two months time to go so yeah exactly great thank you so much rob and all right now before i let you go one to remind you of our main headlines this hour that we re tracking for you turmoil in britain s breaks it seems foreign minister boris johnson has quit and comes hot on the heels of the resignation of the brakes it minister david davis the british cabinet has been bitterly divided over how to move forward on an e.u. exit strategy. in thailand for more boys have been rescued from the flooded