Transcripts For CNNW CNN Newsroom With Poppy Harlow And Jim

CNNW CNN Newsroom With Poppy Harlow And Jim Sciutto June 7, 2019

Up so all of our viewers can look at it and see what is happening there. This video is very telling, according to the u. S. Navy, because it shows a wake of the water behind and on the side, if you will, of the russian ship as it makes its approach to the u. S. Navy ship which is clearly in front of it. You see that wake. That is an indicator of the russian ship moving at high speed. There are other images that show it with that wake showing it made a steep turn towards the u. S. Navy war ship. Now, it came according to the navy within 50 to 100 feet of the u. S. Ship. You can look at this video and you can see the u. S. Sailors can almost reach out and touch the deck of the russian ship. Thats how close this is. And remember both ships are moving in the water, nobody is standing still. So the risk of miscalculation is significant. The risk of a collision according to the navy was very significant because the u. S. Navy was trying to land helicopters on its deck at the time and to land a helicopter on a moving ship at sea you have to maintain a steady course, you cant make sudden maneuvers. In fact, as this russian ship approached the navy had to put its engines into reverse full speed and try and back off as fast as they could. They say to avoid a collision. The russians say they had the right of way, it was the navys fault, the navy says, look at the video. Jim . And, barbara, you make the point that the navy very quickly releasing still images of this and now the video. That is no accident. Thats with intent, right, to draw attention to this . It is. They feel that they have the images here to show the world the case that they are making. The u. S. Military feels that the russians often engage in military propaganda, if you will, putting out statements about things and the navy, the air force, has to come back with what visual evidence it has to push back against the russians. Remember, it was just yesterday that a russian aircraft according to the u. S. Military made an unsafe pass at a u. S. Aircraft over the mediterranean. Last month u. S. Air force f22 fighters had to escort russian planes as they intercepted them off the coast of alaska. The russians have been engaging, there is no question, in, you know, pinging at the u. S. Military operations, if you will, and the u. S. Military very much pushing back, very much making the case that the russians in these instances are not following International Maritime and air rules of the road, if you will. That there are very well established practices for operating safely at sea and in the air and they say the russians are not doing that. Jim . These are dangerous, near collisions, just takes one mistake and lives are at risk. Barbara starr, thanks very much. Lets get analysis now. Retired rear admiral and cnn military analyst john kirby. You look at this, admiral kirby, this is no accident. This is an intentional move by this russian no question about it. You have a ship in restricted maneuvering, recovering helicopters, there is a limited amount of things she can do to maneuver. The russian destroyer was making a run at her at a high late rate of speed. She would have known that the chancellorsville was recovering helicopters because you can see it happening, shes flying visual indicators and im sure that the captain of the chancellorsville was on bridge to bridge radio warning the russian vessel what they were doing. They would have bridge to bridge communications. Standard procedure to say we are in restrictive maneuvering, you need to stay away. Clearly this was a provocation. The other thing thats interesting is the russians were the first to talk about this. They put out a press statement before the u. S. Navy did, so clearly not only do they know what they were doing here, a provocation on purpose, but they wanted to message it for themselves. It happens at an interesting time. Well, interesting place because this is east china sea, philippine sea, off the coast of china, a russian ship, but it happens as russia and china are holding a high stakes meeting. President xi is meeting with president putin as we speak. Clearly this sends a strong message to president xi from putins perspective that we are on your team, we are with you. We have seen the russians and chinese cooperate increasingly now at will when it suits their interests. Just last year there was a big major exercise in the east of roughs which had never included the chinese and the russians invited them. All to send a message to the United States that we are interested in diminishing your influence in the region. This is message sending, but is there also a military function to this . Barbara mentions when you have russian bombers going into u. S. Air space or russian fighters scrambling to intercept u. S. Airplanes over the mediterranean, are they also testing reaction times, for example . Is there intel that you gain from these kind of interactions . Absolutely. Anytime you get forces and assets of Different Countries together like that you can glean intelligence not just about capabilities, what these things can do, but also how the nation state itself is going to react. I think there is message sending here, theres also they are testing to see what trump will do, how he will react, how strongly hes going to move on this and the russians are always interested in pushing the boundaries and the envelope just to see how much they can get away with and they wont recoil unless theyre slapped back. It will be interested interesting to see how the u. S. Government reacts to this. You served at the pentagon and state department, china and russia often tested these bounds both on the air and on the surface. What is the correct response . Is it to fly or sail u. S. War ships close to chinese or russian war ships or fly u. S. Aircraft close to russian or chinese aircraft. Three things, one, the navy is doing exactly the right thing, the pentagon is doing the right thing, release this video so you can make it clear what really happened. I think pursuing or discussing a formal damarsh through the state department tim mat tick communication. It gets it on the record. Number three, to not diminish the u. S. Military presence this these parts of the world. These are International Waters. This happened near islands that the chinese and japanese are still disputing over. Its important for the u. S. Military to maintain a presence out there, particularly in International Air space and International Waters to show we do stand for freedom of navigation and that the situates military force is not going to go over. I was on a spa i plane over the man made islands. Admiral john kirby, thank you very much. Listen, folks, we have talked about this before on this broadcast, i have written a book about exactly this the shadow war russia and china pushing the limits, seeing how far they can go with military aggression, territorial aggression, pushing the envelope and seeing what the u. S. Response is. They have gotten the better of it for years now, the request he is will the u. S. Push back. Thats the shadow war available anywhere you want to buy t amazon included. More breaking news this morning, here at home. The u. S. Economy added only 75,000 jobs in may, that is well below experts forecast and it is happening as the president is threatening to impose new tariffs on mexico which would have Economic Impacts as well. Thats what u. S. Companies are warning. Joining me now chief Business Correspondent christine romans. What strikes me about these numbers well below forecast for this month, but they are also downgrading growth from the previous two months as well. Yeah, very good very good eye there. You have 75,000 net new jobs in may and in the prior two months which had been strong the government shaves 75,000 off of those as well. When you look at this trend really, 2018 was awesome, about 223,000 net new jobs a month, so consider that. This year youre averaging about 164,000 a month and then look at may, its half of that. So something happened there with business confidence, something happened there that stalled hiring. Now, the jobless rate stayed steady at 3. 6 . That is a generational low. So thats an important number to put in perspective. You had slower hiring, much lower hiring in the month but the jobless rate stayed steady. We will watch that. In terms of sectors, really it was across the board. Not the robust hiring we have gotten so used to in past years. Business about 33,000, healthcare a little lighter than normal and construction only 4,000. I think manufacturing only had 3,000. So what you see there is a slowdown in that part of the economy. What could be at play here . One thing economists are saying this morning, jim, is that quite frankly some of these industries, especially small business, might be running out of well qualified workers. They cant find the workers. There still are more open jobs in america than there are people searching for those jobs. The second and the big, big head line here is trumps tariff wars could be denting confidence at this point and thats really important to see how that lagging effect on the market bears out over the summer. Are the trade wars denting confidence in companies who are going to hire less until they figure out what their cost structure is going to be with trumps multiple trade wars. Christine, stay with us. I want to also want to bring in ronna faruhar, associate editor at the financial times. You start to connect the dots because there have been other warning signs in recent months, for instance, even when job figures were strong, kristina and i have talked about how manufacturing numbers were low there, there are questions about waning business investment. As an economist when you piece these together do you see warning signs of a slowing economy . Absolutely. And i think that theres two things at play here, one is what christine mentioned, the may numbers are absolutely being affected by the trade war. When i go around and talk to ceos may was really when the rubber hit the road, this is when they said, okay, this trade war isnt going away, its for real, its getting hotter and its going to affect a broader range of products. Almost every one i know is rethinking their supply chain. I think that theres another issue at play and thats the way in which technology is affecting the economy. On the one hand bringing in software, automating things, it increases productivity but it also cuts workers. If you dont have workers that are skilled up enough to be able to use new technologies, then youve got a real mismatch in the labor market. I think that thats at play here in some of this long term job growth dampening. Christine, it is about the trade war to come degree, but also were ten years into an economic expansion here, are we not . So is it about the economic expansion getting long in the tooth and also the diminishing of the effects from the tax cut. Thats such a good question because an economist earlier this morning told me the sun doesnt shine forever. A bull market and big expansion doesnt die of old age, either. There is a reason, there is always a reason, a catalyst that kills a bull market and kills an expansion. Whats that catalyst going to be. The fed has said that, you know, its watching all of these events, trade war events, and will act appropriately. What the market and what people in the market think that means is that if the president pursues these trade wars and starts to really hurt the u. S. Economy the fed will be forced to come in and be the shock absorber or if you want to use a different metaphor the foam on the runway to relate to cushion the fall here. What the market is anticipating here is that the fed after all of that cajoling from the president in the end would have to bail out the president. Its interesting, christine, just to add to this, its interesting that youre using the foam on the runway metaphor because that was used by tim geitner the former treasury secretary in the run up to the 2008 crisis. I actually worry we may be at a similar point. We are not going to see big banks falling, you are not going to see a Lehman Brothers moment, but corporations have more debt on their Balance Sheets than ever before in history. I think that we could if you have a bigger effect on the trade war, a bigger global slowdown you could start to see some dominoes fall where troubled companies go bankrupt, cant pay become their debt, that creates a Ripple Effect in the economy. Thats something to watch out for. Also the fact that we cant even absorb a quarter point of an Interest Rate hike at this stage of a cycle says something thats fundamentally wrong in the underlying economy to me. Chances, ra in. A, that the fed cuts rates as they watch these figure nls . I think the chances are high. I think you will see what christine said, rate cuts going on into the year. The problem is that we have gotten addicted in our economy to debt, to cheap money. We cannot run an economy without rates that are in any way normal and that shows fundamental unhealthiness. You will see that as a big issue in the 2020 campaign. There have been motion warning about that for some time. Thanks very much. Still to come, top democrat and house judiciary chairman jerry nadler breaking with speaker of the house nancy pelosi at least behind closed doors. His private push to open an impeachment inquiry into President Trump despite pelosis opposition next. Plus the deadline is looming. President trump says the u. S. Will implement is a 5 tariff on mexico on monday, a move that could send the economies of both countries into turmoil. The latest on those ongoing investigations. Plus a man arrested of plotting an attacks on sometimes square. What police are saying he planned to do. The details ahead. Hey allergy muddlers. Achoo . Do your sneezes turn heads . Try zyrtec. It starts working hard at hour one. And works twice as hard when you take it again the next day. Zyrtec muddle no more. Youwhen you barely the clip a passing car. Minor accident no big deal, right . Wrong. Your Insurance Company is gonna raise your rate after the other car got a scratch so small you coulda fixed it with a pen. 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Heading the antiimpeachment camp is the speaker, nancy pelosi, no change there, but cnn has now learned that Judiciary Committee chair jerry nadler has emerged as a powerful voice behind the scenes supporting launching an impeachment inquiry. Manu raju is on capitol hill. So this private disagreement breaking out into public here. How hard is nadler pushing his case right now. Reporter well, he has been increasingly making this case behind the scenes to the speaker, trying not to break with her publicly, but privately trying to convince her that this is the way to go. In a closeddoor meeting earlier this week i am told that he made the case that this would add weight to their legal fight in court, saying that these efforts, the democrats are trying to enforce their subpoenas, could be boosted by arguing to federal judges that this is all part of an impeachment inquiry. The real fear is that if they lose one of these cases it could really set back efforts to oversee the administration and set back efforts by congress to investigate. Also nadler made the case that all this would centralize the investigations before his committee, the house Judiciary Committee, while freeing up other panels from to do legislation instead, but there was push back, nancy pelosi we now know said that she would rather see the president in prison than impeached at that very meeting. Also adam schiff who has been investigating the president s conduct as well did not want to go for this approach. So nadler is facing resistance from some of the top ranks of the leadership, namely nancy pelosi, even as the rank and file and people on his committee and he himself want to move forward with that impeachment inquiry. Jim . Nadler is pushing a mix esh ur to streamline the process of Getting Court orders to to send this all to court, drag it out hopefully beyond 2020 if possible here. What is nadler trying to accomplish . Reporter and to speed things up. The real concern among democrats is that things have been going pretty slow so far in their fights with the white house. Theyve been trying to get a move, a vote on the floor to hold bill barr in contempt for weeks but because of all the other legislation, all the priorities that the speaker has instead that has sort of gone by the wayside, but next week were going to see a resolution on the floor of the house to make it easier for all house committees to take their fights to court, avoid a vote on the house floor and essenti

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