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With china we're at $375 billion trade deficit. so we started a process and we'll see how it ends up. but we are going to win. we lost years ago by presidents and others allow than this to happen. they should have never allowed it to happen. >> there you hear it. it is not just about regional security but access to markets and economic cooperation. part of a big couple of days here including a dinner tonight with the first ladies of both countries. >> sandra: all this talk of the economy, we'll be watching the markets when they open 24 minutes from now. kevin corke, thank you. >> bill: another...

From there was basically our imports exploded, our exports went up a little bit and that $500 billion deficit that trump talked about is actually $375 billion. >> so, steve, explain the imports and explain what that line means when it comes to low cost goods for american consumers when they go into walmart. >> this is one of the things people talk about when they talk about the price of soybeans and how bad it is for north dakota, all of which i'm sympathetic to. but would you like to pay $100 more for your iphone? because if we keep putting tariffs on imports, 2450ez% tariffs or whatever, tha...

More on chinese imports, on top of $50 billion announced earlier in the week. one of the great frustrations of covering this trade deficit -- there's consensus we should put on the table that china has unfair economic barriers up right now, but it is false to say, as the president tweeted this morning, quote, the u.s. is losing $500 billion a year. as you know, the number america getting goods and services in exchange for that $375 billion. you sa do you think there's a danger here if the president keeps talking like this that americans are going to think that there's

And our hope is that this has been brinksmanship and that cooler heads will prevail. all we know right now, the threats made and promises made as far as tariffs, and we've got to plan for the worst and hope to tell our story. neil: i hope it ends up being a good story, brian duncan, you make more sense in about five minutes than a lot of those wall streeters i talk to. thank you very much. be well. i hope it all works out. >> well, thank you for the opportunity, neil. i really appreciate it. neil: thank you, brian duncan, giving us the read of the farmer in an important community. now the read...

And the u.s. get into a fight investors are reacting negatively. >> sandra: these are just considerations, just negotiation at this point. the president is considering $100 billion in tariffs on china. china considering retaliation. so there is no certainty to this market and as we always say it's rather klishy but markets don't like the uncertainty. >> there is a $375 billion deficit with china. i don't know china will do all that much to push its way out having that big a surplus. if they continue to fight back and resist, the president asking them to give a little on this trade deficit, the...