David a little spat. Well, President Trump also adding he doesnt need to reach a deal with china before the 2020 election. All these comments prompting the china trade delegation to announce it is now cancelling a planned trip to visit montana farmers. Thats next week. Now, that sent the markets tumbling. Check out the dow at about 1 13 p. M. Eastern time, just when the china news hit the wires. Markets dropping like a stone. The dow losing more than 200 points at that point. It recovered a little bit at the end of the day, but not much. Joining us now is usda trade advisor. Tom, you represent farmers. And we see what happened as soon as the president made his announcement. They said they are going to stop their delegation to the Farm Community in montana. Are the two things related in your mind . I think its great speculation all around the world as to why they did what they did. David what do you think . Look, i talked to mr. Forbes in the hallway on my way. Im a long time fan of his. He said well what do you think . He said the same thing to me. It could be part of the strategy. Maybe they never planned on going to see the farmers in montana and nebraska. Maybe this is just part of their, you know, drip at a time. Maybe xi called them back because something momentous was discussed in the discussions this week with the u. S. Tr office and they need to come back. I dont think it is fair to us and to the president to speculate whats going on right now. Mr. Navarro said earlier in the day that the big discussions are coming in october and anything else right now i think is a lot of posturing on both sides. Do you think the farmers are Still Standing behind the president as they pretty much have even though they have gotten hurt during these negotiations . Do you think they still have confidence in him that he can do that . I think they do. I think the farm bureau we have seen in the past few weeks, mr. Duval and his coalition which is a nationwide coalition are pretty much still behind the president. There are certain pockets in the farm industry that are hurting and that they would like some relief, more than what theyre getting. These are not men and women and families that want government assistance. These are probably the most proud group of people that we have. So you would be against i believe it is about a 12 billion dollars subsidy right now. I didnt say that. Okay. Okay. I said that but you said people dont they would rather not get that. Understood. However, they understand the president s posture and what were trying to do as americans. Look, i said this several times, Chuck Schumer came out several weeks ago and said this is one of the why didnt we do this before . Hes standing behind the president. Even nancy pelosi is standing behind i mean, this is unprecedented that we have both Political Parties now standing in unison saying please do something. Oh, sure, and the chinese have agreed to buy more agricultural goods from us, like soybeans and rice, so that is a positive step in the right direction. David by the way, theyve said they would. So far we havent yeah, well i think you will start to see some purchases. They have not pulled back on their cent promises. On their recent promises. David okay. They have a terrible swine flu problem over there. The swine flu epidemic which it is an epidemic. They have 450 million pigs alive in china but they cant seem to control the swine flu. And yet the government is now easing up on the Health Regulations and allowing farmers that have swine flu to still send pork to the market. It is kind of crazy. Tom, gary smith here. You said that the farmers understand trumps position. Quite frankly i dont understand trumps position. Is it a question or a statement . Let me finish my question. It is part a statement to set up the question. When we first started the whole trade negotiation, if you will, it was all under ip theft. Now its come to some other thing where we want a level Playing Field and quite honestly im scratching my head why we want that and how were going to achieve it and what exactly is the endgame . Well, i think the endgame david . David thats gary. Gary, im sorry. The end game is to put the United States people irrespective of industry, i. T. Manufacturing, farming on a level Playing Field. Look, china has gained the International Monetary system for years, since they became an economic power 20 years ago, theyve gamed it. They many ma late the that manipulate the currency. Steve mnuchin said that a few weeks ago. We all knew that. That wasnt a surprise. They were supposed to not talk about it and lets all keep playing at the casino . It doesnt work that way. Sooner or later, someone has to pay up. This is whats happening now. Im unclear what a level Playing Field is. I will give you an example. I have a trade deficit with my local public supermarket. They sell me cheap goods and i give them money. I dont want to do the farming myself. Why do we care if china is dumping goods here . The americans benefit from that. Why do we need a level Playing Field . Im confused. I sold into china quite a number of years and paid a big duty to get into china, depending on the port of entry. Hong kong has a prix port of entry which free port of entry which is a whole other reason. In the longterm macro view of we as americans and how were going to move forward, china has to be brought to heel. Who is it going to do it . David tom, we have to go. I have to ask a final question. The president said, and im quoting him here, were looking for a complete deal, not looking for a partial deal. A lot of people were hoping that we would get some kind of partial deal before the election because a complete deal, is it possible to get a complete deal before the election . Look, according to this gentleman, maybe we will never get a deal. The fact the president is willing to weigh into this mix, sharp elbows and all and try to cut a deal for us, i think you will see something. What . I dont know. David thank you for being here. We appreciate it. President trump slapping new sanctions on iran. Is a military option really the only way to stop them from doing more mischief . We will ask u. S. Special representative for iran, brian hook, coming next. Iran knows if they misbehave, they are on borrowed time. Beyond the routine checkups. Beyond the notsoroutine cases. Comcast business is helping doctors provide care in whole new ways. All working with a new generation of technologies powered by our gigspeed network. Because beyond technology. There is human ingenuity. Every day, comcast business is helping businesses go beyond the expected. To do the extraordinary. Take your business beyond. Have you lost weight . 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Eliquis is fdaapproved and has both. Whats next . Sharing my roots. Dont stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. Eliquis can cause serious and in rare cases fatal bleeding. Dont take eliquis if you have an artificial heart valve or abnormal bleeding. While taking eliquis, you may bruise more easily and it may take longer than usual for any bleeding to stop. Seek immediate medical care for sudden signs of bleeding, like unusual bruising. Eliquis may increase your bleeding risk if you take certain medicines. Tell your doctor about all planned medical or dental procedures. Eliquis, the number one cardiologistprescribed blood thinner. Ask your doctor if eliquis is whats next for you. Ever imposed on a country, never done it to this level, and it is too bad whats happening with iran. It is going to hell, doing poorly. They are practically broke. They are broke. And they could solve the problem very easily. All they have to do is stop with the terror. David President Trump hitting iran with new sanctions aimed directly at Iranian National bank. Now, this of course following the devastating drone and missile attacks on saudi oil fields. That was last weekend. Well, this is clearly ratcheting up sanctions to a new unprecedented level, is it enough . Heres special representative for iran, brian hook who just returned at 3 00 a. M. From this morning from the middle east. We thank you for making it here. What do we do if iran strikes out again even after these new sanctions . Well, what were trying to do is deescalate tensions. The president has kept our Foreign Policy clearly within the left right limits of diplomacy, the problem is iran is meeting our diplomacy with military force. And they have been doing it for many months now, since may, we have had almost 100 attacks that iran is behind in the middle east. Secretary pompeo and i traveled to the region, met with c crown prince in saudi arabia and in uae, to hear first land from those countries who are on the front lines of iranian aggression. The secretary will be seeing the president today to discuss a way forward. David brian, if i could just follow up, a clear answer, maybe there isnt one right now, but specifically if theres another strike by iran, do we do more sanctions or Something Else . We dont preview our decisions. The president has as you mentioned at the top of the program, there are new sanctions today on Irans Central Bank and on irans sovereign wealth fund, and these are two accounts that are used to fund the Islamic Revolution guard force and to fund other terrorist operations. We have put into place historic levels of economic pressure on iran. We are denying the regime historic levels of revenue and we would like to get to a new deal with iran that would truly address all of irans threats to peace and security. Brian, the reason iran is responding with military force is because the sanctions that are in place already are working. Its crippling the country. Add these sanctions, you are going to tighten them even more. It seems they may fight back even harder and maybe a military response is inevitable. I also feel there may be another option and i want to ask you about it. Is it possible that as the people are suffering as a result of the sanctions and living under this regime, is it possible that this is the time that they could rise up . We do think that our economic pressure is expanding the space for people to protest. This is a regime that has been robbing its own people blind for 40 years. And the regime also badly represents its own people to the rest of the world. I think the American People and the iranian people have a lot in common. But the regime has President Trump once said that the longest suffering victims of the Iranian Regime are the iranian people. And so we do hope we endorse their aspirations for a more representative government. David gary . Hey, brian, we appreciate you being on the show with such little sleep. My question is, weve done economic sanctions on a variety of countries over the years, and generally my view is that they do work, but what is the administration classify as a win here . How will we know that we can say yep, theyre working, this is the right thing, or no, we need to do Something Like as david implied, military action. I think theres two areas that we look at, in terms of the metrics for how were doing. We want to make sure that were denying this regime the revenue it needs to fund its adventurous on expansionist Foreign Policy around the world. The regime is weaker today than when it was 2 1 2 years ago when we came into office. Their proxies are weaker, hezbollah, hamas, their shia proxies in iraq and syria, but it is very hard to eliminate the asymmetric advantage that terrorist regimes have. That still doesnt mean that they are not able to conduct terrorist attacks as we saw a few days ago, but we are trying to deny the regime revenue. We would like to get to a deal that would replace the failed deal that we left that will address Irans Nuclear threats, the missile threat and its regional aggression. Exactly, brian. Is that the endgame . Not just to renegotiate the nuclear deal but also to stop iran from funding terrorist groups and engaging in terrorist types of activities itself . Is that the endgame . That exactly right. Our economic pressure is denying the regime tens of billions of dollars in revenue. We have zeroed out their exports, source of export revenue. We have also sanctioned petro chemical exports, industrial metals, precious metals. These are necessary to do for the worlds leading sponsor of terrorism. We also know that pressure will likely bring iran back to the negotiating table so we can get a much better deal. David we were just joined by Fortune Magazine who had been tied up in traffic. Go ahead, adam. I apologize for being late. You reference the deal we got out of, whatever you think of the regime, the United States government and our allies crafted a deal with that regime which we unilaterally got out of, as you noted. Why would how do you explain how that regime, terrorist, not terrorist, what have you, should trust our government to do a deal when we unilaterally pull out of deals . Because that deal was made with president obama who is no longer in office. And it was never submitted to the senate as a treaty. That agreement has no legal status in our system. It was a political commitment made by a president who is no longer in office. This president wants to negotiate a new and better deal. And we think that there is a way forward. Secretary pompeo outlined the kinds of changes that we need to see, and quite frankly, we just want the Islamic Republic of iran to behave more like a normal nation and less like a revolutionary cause. As a diplomat you dont think thats a dangerous precedent to say that was the old government this is the new government pay no attention to what our government did before because that was a different president . But you have to make the distincti distinction. This was an agreement, a nonproliferation agreement that should have been submitted to the senate as a treaty. They didnt have the votes in the senate. Since they couldnt you are not concerned it is a dangerous precedent is what you are saying . David it is not a precedent. It wasnt our government. It was just one branch of our government. Go ahead, brian. That Iran Nuclear Deal has no legal status. And so the Prior Administration could not find the votes in the United States senate, so they found the votes in the u. N. Security council, but that also is not a binding agreement that we entered into there. So this is an agreement that has no political commitment, and iran made a lot of gains during that deal and were trying to reverse those very gains that they made. David brian hook, again, we appreciate you coming on despite your long travel over here from the uae and the middle east. Thank you very much for being here. Appreciate it. Millions of young people around the world are taking to the streets demanding urgent action on Climate Change, but there is backlash now, at least against one major u. S. City which gave all of its students a free pass to ditch class to attend the protest. Does this send the right message . Fact is, every Insurance Company hopes you drive safely. But allstate actually helps you drive safely. With drivewise. It lets you know when you go too fast. And brake too hard. With feedback to help you drive safer. Giving you the power to actually lower your cost. Unfortunately, it cant do anything about that. Now that you know the truth. Are you in good hands . Im working to make each day a little sweeter. Adp simplifies hr, benefits, and payroll for magnolia bakery, so employees like sarah can achieve what theyre working for. Here, hello starts with hi mple. How can i help . A data plan for everyone. Everyone . Everyone. Lets send to everyone [ camera clicking ] wifi up there . Ahhh. Sure, why not . Howd he get out . a camera might figure it out. That was easy glad i could help. At xfinity, were here to make life simple. Easy. Awesome. So come ask, shop, discover at your xfinity store today. David from sidney australia to new york city Climate Change protests sweeping the globe as millions of people in more than 150 countries taking to the streets demanding urgent action, but unlike los angeles, chicago, and miami, new york city is giving all of its 1. 1 Million Students a chance to skip class today, in order to attend the protests. The New York PostEditorial Board calling it quote an out and out government sponsorship of a particular point of view, end quote. Are they right, should new york city be letting students miss class for this . As someone who has a daughter, im glad she goes to a Public School in a different state, not in new york here. It just un infuriates me, not the fact they are protesting something they deeply believe in, Climate Change, i get that, im in favor of that. Do it on