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Country. trump's trade fights will be most harmful to people who voted for him. could be truth in that. charles, how are you? where are we on all this today? >> there is no doubt the retaliation whether it's china, e.u., canada, mexico aimed at trump voters or states that trump won. ironically is against world trade organization rules and rules of trade and defies what they are arguing. i crunched a lot of numbers. i got the raw data from the u.s./china business council. i imagine china's $34 billion tariffs. if all were on the exports from all 30 states they exported goods and services $488 b...

A record $488 billion in the first three months of 2018. the previous high was in 2010 when the u.s. was struggling to pull itself out of a recession. hitting the road this summer? you'll probably pay more at the pump. oil prices are rising thanks to production cuts by major exporters and soon that will transport into higher gas prices. up nearly 14% from last summer. the highest in four years but still well below the $4 a gallon hit during 2008. nagging concerns over apple's most important product, the iphone. investors are worried that apple will report slowing iphone sales in its earnin...

This high pressure really sets up shop here and continues to hold a pretty firm ground while back towards the west, it is really re-enforcing the severe weather pattern. we have an active jet stream across this rejond and blocking pattern setting up to the east. storms one after the other impacting the plains. tuesday into wednesday you see the severe weather for the plains. >> thank you for that. now how about money this morning. looking at the wall street right now global stocks rising overnight after the u.s. extended the tariff exceptions for key allies. wall street still worried about t...

It on the campaign trail, it is in the budget. what do you think? >> he did say he was going to increase military spending. he did talk about the wealth, but he needs to figure out how mexico is going to pay for it. as a conservative libertarian, i would like to see a lot of spending cuts. i don't think we are going to see that, but since liberals are coming after it as it relates to getting the border under control, i am not sure it is a bad idea to increase military spending. >> jon: >> heather: you have to increase in spending endless budget slashes just about everything, it cuts the same a...

Important. >> it's not a balanced budget. still a $488 billion deficit next year. we didn't add to that in order to spend more money on the president's priorities. regarding moving projects out of the base budget for the agencies and into the infrastructure, the infrastructure program is something that we just recently started. probably wouldn't come until summer or early fall. we have to do obamacare repeal and replace and then taxes next. i -- you're making an assumption i'm not willing to make. you're making a sum shun that it's going to go for the deficit. i'm not willing to do that. yes, ...