Are placing value. We will get on that little bit later in the show. Back and forth between ourselves and iranian over tanker attacks, theyre saying its not us, we are saying, yes, its you. We hope it doesnt get to that and what could be happening this weekend. Iranian tensions escalating as we speak. Hillary vaughn on all of that, hillary. Secretary of state mike pompeo, indeed, iran was behind yesterdays attacks on two tankers but iran Foreign Ministers say this is not true, the u. S. Is lying, no evidence to back up the claim but there is because the United States military has video showing iran taking evidence from the scene of yesterdays attacks in this video you see irans revolutionary guard removing an unexploded mine from one of the oil tankers that it hit yesterday, iran is denying that they were responsible for this but the president this morning saying iran was caught red handed. Well, iran did do it, you know they did it because you saw the boat, one of the mines didnt explode and it essentially has iran written all over it. They want want the evidence left behind. I guess they dont know that we have things that we can detect in the dark that work very well. Foreign minister tweeting response saying iran was behind attack. Sabotage diplomacy including by abe shinzo and coverup, economic terrorism against iran. Pompeo saying that iran is lashing out and disrupting Global Oil Markets because they want the u. S. To dial back its hardline stance that pompeo says has been working very effectively. The president also saying that the strait of hormuz, he says it is going to stay open and he made that very clear to iran as well. Neil. Neil thank you very much, hillary. This coming from arab league chief saying that iranian reverse course right now, one big problem in middle east and it is iran, also saying developments in the gulf deepening confrontations and urges outright restrain. Oil prices are up but not that much on this, we are keeping track of it, whether that has any other effect on this. I think its being mitigated by the prospect of trade tensions with china continuing, in fact, china then first Edward Lawrence at the white house with what all of this portrays for trade talks. Public officials in hong kong are call to go start delay for for reevaluation of fast track of new amendment for extradition to china is on, the amendment calls one to attention onecountry two system philosophy that china has adopted. More protests scheduled for this week, past week protests turned violent and 80 people injured on wednesday. Law is threatening hong kongs financial stature in the region. Reuters reporting that tycoons are moving massive money, 100 million to singapore, chinese are telling to butt out, internal china issue. Chinese ministry highlighting that hong kong is u. S. Trading partner. Hong kongs prosperity and stability are in the interest of the u. S. Messing up hong kong will do no good for the u. S. And advise Relevant Party to respect facts and back off maneuvers to interfere in hong kong affairs. There are lawmakers here in the u. S. That are saying that they believe that this wrong what china is trying to do, the state Department Says they have grave concerns over this extradition amendment. Now could complicate the u. S. Trade talks at the moment the President Donald Trump will meet xi jinping, however, china refusing to confirm that that meeting is going to happen, neil. Neil do you think nothing comes, hong kong unrest as a reason . That trip is in question, we dont know if hell show up at g20 summit. Internally they can use that as excuse for not going but the president , President Trump believes that president xi jinping is going to go because its close to china and that they will meet. Neil hes threatening tariffs if he doesnt, right . The president will add 300 billion of import which is whats left of china importing under 25 tariff if there is no meeting or the meeting goes poorly. Neil edward, thank you very much. Chinese are returning the financial favor to the u. S. , the more we keep criticism on how they are handling hong kong protests the more they do to stick it to us, latest sign pulling from u. S. Real estate saying that there are consequences for this type of talk. Larry kudlow also threatened consequences of its own if china xi jinping doesnt meet with the president at the g20 summit even with xi jinping and unrest. Secretary of state for Political Military Affairs under bush 43, ambassador, very good to have you. Hi, neil, thanks. Neil where is this going, easy sort of thing, large crowds amassing in the center of a city, you think square, 30th anniversary recently and now this, are the two similar or how would you describe . Look, that situation shows us that the deal that was made when left hong kong it has been violated, the goal post has been moved. China is creating authoritarianism and we should never lose sight of the fact that freedom is the single most important thing that we represent, whether east asia or the gulf. Neil the chinese dont care what we think, they dont care how this looks across the globe much as they did 30 years before they became the super economic power they are today but that this might end quite violently . I dont know how it ends, neil, but my view of authoritarian regimes is the one thing that they care about is vulnerability, they are not legitimate, they are not there by the votes of all the people, there are 85,000 protests a year across china, small and large, so i think we have to be aware that the chinese number 1 and 2, 3, 4 and 5 priority is staying in power for a long time. So you could say that means they dont care, means that we have to have a policy that looks at where their achilles heel is and we understand lack of legitimacy and authoritarianism, oppression, if you cant think to themselves they will evolve at some point. So thats really our high card, is the freedom, the ability to run a country where people are free and can make their own decisions, its messier but way better and thats what china is afraid of. You know whats interesting too, ambassador, i think at its core China Remains a strategically and the goal is not to go to war with china, but to try to find a way to move forward so that they move closer to us, learn how to be a more of a free country, i dont know how we do it but the we cant have war and i hope that the president and xi jinping have a real conversation about that. Look, xi is worried, he wants to be emperor for life, he wants a third term, he wants economy to be up and they will turn all the dials, all the money dials to help them get there. Neil it wont work like that in free country. We will watch very closely, ambassador, thank you very much. Thank you. Neil preview of whats going to come up this weekend, obviously the chinese authorities, those that do bidding in hong kong have said that there shall be no public demonstrations, they are watching the crowds but the crowds arent going away protestor plans throughout the weekend, live on this tomorrow morning 10 00 a. M. Eastern on Fox News Channel following the developments half a world away because big impact here. Some are saying uncanny resemblance is very scary and hope it doesnt repeat itself and maybe in this environment where china is economic power house 30 years on the verge of becoming one, what will sort of tame militaristic response, all bets are on, we are on it 2 hours tomorrow beginning at 10 00 a. M. Eastern live coverage from there, around there and everywhere, in the meantime, stocks still up this week, reflect all of the pensions, theres a reason for that, weve also got Fox News Contributor john layfield, john, welcome to both of you, alan, you hope calmer heads prevail n. The history in china thats not always the case but theyre hoping thats the case, what if they dont, i dont want to give the worst case scenario, all bets are off . We had a healthy rebound and great reversal last week where higher weekly close. We were only 2 from all time high in s p, its been recovery that we have seen many, many times before. Im standing in an Interest Rate and im looking above me, the market is pricing in half point out here in july, so that should be beneficial to the stop market and i think that could add to the upside, we all know whats out there, weve all lived there now for going on 2 years, i think we are coupled with the possibilities, like you said smart minds should do the right thing when it comes down to it in the end. Neil interesting, you look at the market and panicked about this, they are not showing it yet and i know you reminded me there could be blackswan developments, maybe whats going on in hong kong right now, maybe whats happening, you know, around iran, so either one, both of us could dislodge this . I think they could. Right now look at chile ipo and lyft ipo. Theres a lot of money chasing yield right now and you have emerging markets not been gone. Germany has had problems with manufacturing index, you have brexit, china with problems aside from the tariff. The u. S. Market, nasdaq are best places to get yield, masking a lot of things that are out there. Theres a lot of fractures developing in global trade. Now, this could be fixed but theres also potential downside to any of the factors much less if you have cascading effect, we could be for rough patch. Neil you know, alan, the worst things look the more it pushes them to deal with us, factories growing at slowest rate since 2002 and the majority has been softer than expecting, happening more rapidly than expecting and that will ultimately compel to keep things calm in hong kong and furthermore to score a deal with us, what do you think of that . Maybe, lets remember that their gdp is at 6 , double what we do. Neil thats right. Their numbers, backed off, stock market performed extremely well, better than ours in 2019. Common sense should come into play at some point but what im encouraged by is we dont have specific objectives on what a good trade deal looks like, anything that we can come up with we can call it a win and we can move on and just claim victory. That could be very much a positive and the markets continue to do what theyve been doing for the last 10 years. Neil let me flip it around with you, john, the Better Things look for us, seek out safe haven, the United States is that, has proven that and we benefit, our markets that is, what do you think . I completely agree with that. The place to go in the world right now, you dont want to go to china not because of trade wars, a lot of things to prepare for long trade war which could be a new normal but right now the best place to invest is by far the nysc, the nasdaq, theres just not competition out there as far as yield that is going on, and as much problems with trade war which could escalate, the best place by far still to be is the United States. Neil all right, gentlemen, i want to thank you both very much. The market down 46 points, this is a rather tame response. Certainly you dont see it in any of the new offerings like the latest, of course, chewy. Com, online food provider, toys, my german britney, they love it. I dont know if they got a piece of this, they wish they had, its up 11 bucks right now from 22dollar a share offering. Theyre very happy about that. So there is that after this. Fact is, every Insurance Company hopes you drive safely. But allstate actually helps you drive safely. 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He doesnt know our phone number you have our fax number, obviously. Todays xfinity service. Simple. Easy. Awesome. Ill pass. Neil all right, the president is on defense over the foreign intel comments, blake berman is at the white house with the very latest on that, hey, blake. Blake hey, neil, a bit of a mess for President Trump when he suggested that if russia or if china or foreign entity had dirt on political opponent coming up in 2020, if nothing else he would be all ears and open to it. The president is now walking back off those comments legally most likely that is not something one should do, that they should take that evidence or that information and turn it over into the fbi, past republican candidates said going to fbi is something that you should do or some say beneath office of presidency, today the president to takes 80 on 180 on it when he call today fox friends and asked about the scenario. Of course, you to look at it, how are you going to know if its fbi, report it to attorney general or somebody like that, but, of course, you do that. You couldnt have that happen with our country and everybody understands that. Blake the president has been receiving some pushback for doing the interview with abc news, it is, of course, neil the president s decision who he speaks, when he speaks to them, what kind of interview he wants to do but now theyll be a new person who makes a decisions at least part of the decisionmaking process with all of the media appearances, Sarah Sanders will be the outgoing press secretary, she will hold the post until the end of the month here and theres a big question as to who might fill her shoes, there are a handful of suspected candidates at this point but you could also say, neil, that the press secretary title at this point is a label at that and its really more so an adviser to the president , Sarah Sanders has been close adviser to the president , weve only had a handful of actual press briefings in the last six months or so. Neil very way nice profile, young man. That was nice. You want your two little kids to chill so you can sleep f not theres always coffee. You know, ive been used to drink coffee until i had kids and now its like, nonstop, send it over my way. [laughter] neil there you go, theyll be plenty of other vises you pursue as they get older. [laughter] blake i will leave that for you, neil. Neil dont ask, do tell. Very nice profile. In the meantime former press secretary mike pence mark lauder with this, mark, its a tough job being the press secretary in any capacity, more so with this president who is very, very focused on the message, how it gets out and whether it does get out with the people and the tradition that we are used to, t safe to say that part wont change no matter who replaces Sarah Sanders . One of the differences with this president that 90 of the Mainstream Media coverage is negative and i want cocontradict what blake said and i have respect for blake, sarahs number one job is never to do briefings, it is to deal with all of the messaging development and all of the responses that come out from the White House Press shop whether they came out via email, in other forms, just talking on reporters in the room or in her office which is something that i know so well, i spent quite a few hours every day in sarahs office when i was in the white house and most of that job is not about the briefing, its more about dealing with all of the incoming requests and dealing with the various things that the president is also dealing with. Neil mark, i was wondering about timing of this, she telegraphed her interest, maybe thats indeed the case, a day after the controversial george interview, a week after the illtime interview the president had here on fox that made him a little bit late to normandy events. Would he blame her . All right. I dont know what happened there but we lost him there. Again, this kind of talk has been dismissed by the white house but the timing is interesting coming over the last week with these two controversial incidents. In the meantime we are looking at dow down 39 points, chip makers particularly getting hit hard today especially over one big one, its saying huawei ban will cost it a lot of money and right now the whole sector is losing a lot of money, more after this. Introducing the first of its kind lexus ux and ux f sport, also available in hybrid allwheel drive. Lease the 2019 ux 200 for 329 month for 36 months. Experience amazing at your lexus dealer. Can we talk . We used to play so beautifully together. Now we can barely play anything. Even cards with the girls. If you have bent fingers, and cant lay your hand flat, talk to your doctor. It may be dupuytrens contracture. Your hand is talking. Isnt it time you listened . There are nonsurgical options. Take the first step. And learn more about dupuytrens. At factsonhand. Com neil all right, broader than we thought, catches a cold because of huawei ban and the rest of the industry also sniffling and thats understatement, hey, jackie. Good afternoon, neil, this is having spillover effect in the market today as you said broadcomm cutting Sales Guidance for about 2 billion citing china tensions and ban of doing business with huawei as one of the problems, one of the interesting things about this its the company that can actually say this is what its going to cost us and wall street is worried that the rest are going come out and say similar things so Companies Like sky work, microns, invidia, semiconductor was down just about 3 as well. Huawei fell a lot yesterday, about 8 in the session after hours when this announcement came out, down today about 7 and estimated that huawei is more than 4 of broadcomms total revenue. 900 million, a lot of money when it comes to this company, that Ripple Effect across the other countries as well and wall street broadcomm has to make cuts to continue down the line, neil. Neil jackie, thank you very much, in the meantime going fr