First here is whats new at this hour. Making his message to the hawk eye state President Trump just touching down in nebraska, before heading to iowa where hes expected to speak this hour on Renewable Energy, amid the escalating trade tensions between the u. S. And china. Were going to bring you the breaking comments from the president just as soon as they happen, plus taking on Silicon Valley, big tech is feeling heat on congressional hill, tech rise is facing local news industry were live on capitol hill with the latest and searching for answers, the tour its death count in the Dominican Republic is rising, what officials are now saying could be behind it. Watch out. Ashley we have fox Business Team coverage from washington to wall street Edward Lawrence live at the white house, gerri willis of course on the floor of the new york stock exchange. Lets begin with edward with the latest developments of the white house. Edward . Reporter ashley the president going to tour that Renewable Energy plant there and then well hear some comments from the president and he spoke before he left. Now the president is in iowa the same time that former Vice President joe biden is in iowa basically the two folks are splitting the state in half. The president working the western side of the state. The former Vice President working the eastern side of the state. President trump saying hes not worried about biden. President trump id rather run against i think biden than anybody. I think hes the weakest mental ly, and i like running against people that are weak mentally. I think joe is the weakest up here. Reporter as the president hit the road for his first visit to iowa the white house tracking stronger language by the chinese at this point, President Trump saying that we had a deal with the chinese and now he has no interest unless they come back with that same agreement that they had agreed to. Now china digging in a spokesperson for the Foreign Ministry or Foreign AffairsMinistry Says that the u. S. Insists on escalating frictions, china then will respond to determination. The chinese also still refuse to confirm if xijinping will meet President Donald Trump, at the g 20 summit. We note that for some time, the u. S. Has made multiple public statements that it looks forward to a meeting between the two heads of state during the g 20 summit. We will release information on this when we have it. Reporter President Donald Trump saying that if the meeting does not happen or it goes poorly, he will then institute 25 tariffs on Everything Else that basically china imports into the united states, some 300 billion worth of items, a public hearing on that front will happen on monday, that will be for the list of items and then a report will be finished once that report is done, the president could then institute those tariffs, and it appears that timeframe could be right about the g20 summit. Back to you. Ashley edward thank you very much as you look at pictures of the president hes off air force air force one on the ground in nebraska traveling to nearby iowa to where a Renewable Energy plant and then hearing a speech from him in just a short time after that before the top of the hour we believe and of course we will take those comments as soon as the president begins to speak meanwhile, lets react to whats going on with trade, the markets and Everything Else, liz peek, fox news. Com columnist and Gary Kaltbaum from kaltbaum capital management, guys thank you both for both being here both are fox news contributors so its great to have you. Gary let me begin with you. We had five or six days of beautiful runup more than 1,000 points on the dow, and then we get some soso comments out of china and immediately the air comes out we just finished shift slightly flat on the day, not a lot of conviction i feel like with the markets right now despite the big gains over the last week or so, because its so headline driven. I just want to let people know thats wide on the screen in case it doesnt seem to reflect that on the screen its live. Ashley thank you, melissa it is live. Gary go ahead and if you can answer that question. Normally markets look a few months ahead but we are headline driven its the next tweet, the next tariff announcement or getting rid of tariff announcement. We definitely got a pop off mexico saying weve got a pop off the fed again pivoting from patients to probably lowering rates and let me just say if the fed does not lower rates in june or july i expect a pretty good selloff in the market because i think the market now thinks its going to happen so thats something to watch very closely but today was nothing no big deal, and normal little pullback with such a move over the last five days no big deal. Ashley liz peek no biggie, gary said the fed has the markets back but i get this feeling theres a lot of negative signs coming out from the u. S. And certainly china who said we arent even concerned that xijinping will meet President Trump at the g20. I think china might be sound ing a little more hawkish because lets think about whats been going on the last few days. They had this massive demonstration in hong kong against china, Mainland China and xijinpings administration, which i think has them playing defense. This is a very big deal in china a Million People took to the streets to protest a law that they think will basically put hong kong ever more to china and they dont like it so thats a big kind of upfront who xijinpings authority and we also have statistics out about a decline in chinas imports which seem to further the narrative that chinas economy is weakening so im not kind of surprised that china is sounding a little bit beligerant, maybe they dont want to look like the u. S. By immediately rolling over saying yeah we cant wait for the g20 thatll be terrific so i would take it with a little bit of a grain of salt reflecting that. I agree as we do every day, liz. Melissa nearly a dozen states challenging the tmobile sprint merger today lets go to gerri willis with details on that one while we keep an eye on the president. Gerri go ahead. Gerri melissa thats right. Ten attorney general filing a suit to block the tmobile sprint merger this is unusual because the merger has not even been approved yet. Federal officials still reviewing it but said to be close and this is what were hearing at fox business, that the merger will be approved, but the new York Attorney general le ticia james is the one leading this charge and here is what she had to say. Listen. We believe that its not good for consumers, and because we believe that competition is good, we believe that competition is god for 5g and competition is good for because as a result of competition prices have been lowered by 28 and because we are concerned again from going from 4 to 3 and or 2 to 1. Gerri so the company is saying far from killing competition that it will allow them to really mount a significant effort in 5g and thats why they want to do it. The combined company would have the size of between verizon with 116 million customers and at t with 93 million customers. They are tried three times in the last four years but right now, ajit pai, who runs the fcc, has not said anything about the necessity of having four players in the marketplace. Hes happy with three so what will happen we dont know but we do know that the players in this marketplace say 5g is essential and this is what its going to take to do it. Back to you. Melissa gerri thank you, and liz is back to react to that and liz it strikes me, why would folks object if the two carriers do almost nobody uses it up together . Yeah the question is do you want four suppose ed competitors where two are lame ducks or three really vibrant companies, all attacking this issue and when you have a Huge Technology evolution, like the emergence of 5g it requires capital, it requires size to get this done. I think that this is just unfortunately, you know, a political statement by these attorneys general talking about this being good or bad for the consumer. I dont think they are at all looking for at whats actually going to be the impact on the consumer. This is a deal that i think has to happen. Melissa i would think it would help the consumer. Gary what do you think . Well first of all its 10 blue states, and next is the deal will get passed. The fcc already passed its in the department of justice hands right now, and the states all they can do is maybe stall it, maybe get a couple of changes, but thats it. This is a federal affair, not a state affair, and without a doubt, liz, its 1,000 right this is pure politics, and i dont know what their game is on it but i do believe give it 90 days a little bit more this will be passed and the merger will get done. Melissa okay. Ashley how about this one a rare misstep amazon shutting down its Restaurant Delivery service in the u. S. In the face of fierce competition from rival s such as uber eats and grubhub. Liz this is such a small margin business anyway, but they stuck with this for four years before throwing in the towel. Its unusual for amazon to fail, but they do. Its a rare miss for caption and look theyre trying everything they can to leverage their extensive delivery capabilities, their warehouses, et cetera et cetera but this time, they ran into a brick wall of competition from not only big national brands, but every city and town has its own little local delivery services, so i think that it was just too much and they finally decided there wasnt much there, so they basically bowed out. Ashley and gary i say they rare ly fail lets not forget the amazon fire smartphone, travel side destinations anyone heard of that, no, so there you go but to amazons point better to try and fail and to have the money and resources to do it. Yeah look it was a test only in 20 cities for four years they shutdown the uk de dedelivery last year so this was expected and i dont think its a failure you try something, you see it not making enough money off it and a lot of competition and you mention the locality its probably a good move because they are making their big bucks in the cloud and so many other things and little products that stalk you every day, so i think its a smart move on their part and by the way they are going to be delivering food in the uk. They just invested in something called delivery and thats going to continue so im not worried about this at all. Its actually a good move on their part. Ashley you see it all over london so maybe there will be more success. Liz, gary thank you so much. Melissa ive got it. Ashley bounce along. Melissa president did landing in nebraska moments ago, this is before he heads to iowa where he will make remarks just moments from now were going to bring you those comments just as soon as the event begins and its been a fiery day. Ashley yes it has. Plus, is democratic president ial contender joe biden also in the Hawkeye State makes it interesting. Well tell you the latest flip flop from the former Vice President. Melissa and were following the latest developments from the Dominican Republic, what we know about the new samaritan who had died in this Tourist Destination and how you can protect yourself around the world, well tell you limu emu doug what do all these people have in common, limu . [ paper rustling ] exactly, nothing. Theyre completely different people, thats why they need customized Car Insurance from liberty mutual. Theyll only pay for what they need [ gargling ] [ coins hitting the desk ] yes, and they could save a ton. Youve done it again, limu. 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Ashley facing off in a 2020 battleground state President Trump and democratic president ial candidate joe biden taking their pitches to voters in iowa at dualing events kicking off any minute now the president s trip to the state which he won by the way in 2016 comes as a time when his tariffs are hurting American Farmers we will bring you the president s speech the moment it begins. Melissa and a major reversal while taking a 2020 policy to iowa voters former Vice President joe biden now suddenly hardening his stance on china saying we need to get tough with china. That is a drastic reversal from his remarks on the foreign power last month, here now is James Freeman from the wall street journal and a fox news contributor. So this is the second really big flip flop here, in about the past week, at a time when i think what voters and viewers and lots of people want is authenticity. They can smell bs and they find it insulting and with joe biden, that kind of comes in droves. He had said im a catholic, i just cant and the conviction, yeah. Melissa and now with china before he said oh, theyre nothing we got them covered and now we got to be tough on them. What do you make of this . Yeah hes created a new challenge for himself and said theres a lot of tape of him saying essentially dismissing the importance of china going back to the last time he ran for president , and you know, it was november 2012 when he got reelected as Vice President that xijinping took overcome communist party in china and not much on the record to say biden really understood whats happening or the significance of whats happened since. Melissa yeah and looking further at some, i guess the way hes trying to model himself in this campaign there was a focus group that went on in pennsylvania of all places, and this is, you know, where he started his Campaign Democrats really think this is his path to the white house and he could seize back from the territory from President Trump and they did a focus group with people who had voted for president obama and then they switched over, and they voted for President Trump, and so going into this they assumed that it would be the people of course that would go back to joe biden, and they were shocked to find that a lot of these folks were not about doing that, and they said of all things, many of these voters felt that biden portrayed the charlottesville protest in his announcement video was a complete lie in the words of one participate. That was his big roll up. He twisted it. I read the transcript and they went on to say why they fought whatever the dispute was, we dont want to go down that road but its just interesting that once again, this is a group that he was supposed to have locked up, whose seeing basically, in the exact words, hes a liar. Yeah, i felt that announcement rollout, although it helped him. You have to say he got a very strong initial bounce in democratic polling. Now i dont know whether the announcement had a lot to do with that or not but it was striking one in that it was very misleading a town of charlottesville but it was also like his recent speeches, almost entirely focused on attacking the president versus defining his own vision, and this is really i think one of the problems with Hillary Clinton in 2016. You go back to her speeches late in that campaign. Its a laundry list of grievance s against trump and doesnt leave a lot of time to layout your own vision and inspire people. Melissa and thats what today again he said that President Trump poses an existential threat to our democracy and what hes trying to set up is that he is this moral superior to the president , that the president is this horrible person and that he is the one who can turn things back around and its just interesting for a career politician, you know, to go out there and say that im the truth , im goodness, im honest, like im going to restore mortality, and its a tough sell from somebody who spent the whole empire time in washington and i just wonder, i guess what theyre thinking. Yeah, also it seems like he hasnt updated his talking point , so i think the whole sort of scare people about what trump could be in office was maybe more persuasive in 2015 or 2016 and people now have a couple years of experience and make their own judgment and you noticed a lot of reporters were talking about trump the authoritarian and theyve given that up and acknowledged okay, hes not an authoritarian but hes really bad. I think this is, its a little odd to try and scare people about reality that weve been living with and we can judge it however we choose. Melissa its interesting now hes talking to farmers that President Trump has made your life really hard and itll go back to the way it was and its pointing out of how things were before which is what got those farmers fired up in the first place so hes just to help trump in that area, james thank you. Ashley comedian john stuart making an extremely powerful speech on capitol hill today criticizing